BCE issues were very disappointed to learn that Telus doesn’t want BCE and lost back much of their recent gains. Predict this, predict that, no information … what a life, eh? I’ll stick to analyzing cash-flows.
| Note that these indices are experimental; the absolute and relative daily values are expected to change in the final version. In this version, index values are based at 1,000.0 on 2006-6-30 |
| Index |
Mean Current Yield (at bid) |
Mean YTW |
Mean Average Trading Value |
Mean Mod Dur (YTW) |
Issues |
Day’s Perf. |
Index Value |
| Ratchet |
5.68% |
5.80% |
28,411 |
14.38 |
2 |
-0.1100% |
958.9 |
| Fixed-Floater |
5.50% |
5.74% |
140,272 |
14.48 |
7 |
-1.7177% |
915.4 |
| Floater |
4.83% |
1.82% |
88,177 |
5.84 |
3 |
+0.0269% |
1,048.7 |
| Op. Retract |
4.83% |
3.92% |
86,021 |
3.05 |
17 |
-0.0033% |
1,020.2 |
| Split-Share |
5.03% |
4.60% |
156,131 |
4.04 |
15 |
-0.0881% |
1,042.8 |
| Interest Bearing |
6.76% |
7.08% |
86,386 |
6.33 |
4 |
+0.6535% |
1,029.2 |
| Perpetual-Premium |
5.42% |
5.18% |
150,239 |
8.35 |
34 |
+0.0182% |
1,018.6 |
| Perpetual-Discount |
5.07% |
5.11% |
501,898 |
15.30 |
29 |
-0.0697% |
963.9 |
| Major Price Changes |
| Issue |
Index |
Change |
Notes |
| BCE.PR.R |
FixFloat |
-5.3555% |
|
| BCE.PR.C |
FixFloat |
-2.3504% |
|
| BCE.PR.A |
FixFloat |
-1.8065% |
|
| CM.PR.J |
PerpetualDiscount |
-1.7301% |
Now with a pre-tax bid-YTW of 5.16% based on a bid of 21.80 and a limitMaturity. |
| LFE.PR.A |
SplitShare |
-1.4205% |
Now with a pre-tax bid-YTW of 4.49% based on a bid of 10.41 and a hardMaturity 2012-12-1 at 10.00 |
| RY.PR.A |
PerpetualDiscount |
-1.4141% |
Now with a pre-tax bid-YTW of 5.04% based on a bid of 22.31 and a limitMaturity. |
| BCE.PR.G |
FixFloat |
-1.2230% |
|
| BSD.PR.A |
InterestBearing |
+1.0638% |
Now with a pre-tax bid-YTW of 6.93% (as interest) based on a bid of 9.50 and a hardMaturity 2010-5-1 at 10.00 |
| FIG.PR.A |
InterestBearing |
+1.8908% |
Now with a pre-tax bid-YTW of 6.80% (as interest) based on a bid of 9.70 and a hardMaturity 2014-12-31 at 10.00 |
| Volume Highlights |
| Issue |
Index |
Volume |
Notes |
| CM.PR.A |
OpRet |
503,325 |
Haven’t seen one of these for a while! Global crossed 249,300 for cash at 26.06, then crossed 249,300 for regular settlement at 25.72. Went ex-dividend today for 0.33125. Now with a pre-tax bid-YTW of 4.66% based on a bid of 25.51 and a softMaturity 2011-7-30 at 25.00. |
| BPO.PR.F |
Scraps (would be OpRet, but there are credit concerns) |
103,846 |
Desjardins crossed 100,000 at 25.75. //Now with a pre-tax bid-YTW of 5.52% based on a bid of 25.62 and a softMaturity 2013-3-30 at 25.00. |
| GWO.PR.G |
PerpetualPremium (for now!) |
56,135 |
RBC crossed 50,000 at 24.70. Now with a pre-tax bid-YTW of 5.30% based on a bid of 24.60 and a limitMaturity. |
| BCE.PR.C |
FixFloat |
31,705 |
|
| RY.PR.G |
PerpetualDiscount |
25,500 |
Now with a pre-tax bid-YTW of 5.08% based on a bid of 22.50 and a limitMaturity. |
| SLF.PR.E |
PerpetualDiscount |
23,900 |
Now with a pre-tax bid-YTW of 5.07% based on a bid of 22.30 and a limitMaturity |
There were thirteen other $25-equivalent index-included issues trading over 10,000 shares today.
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