The decline in perpetuals, which I attribute to the influence of new issues, caused a lot of changes this month.
HIMI Index Changes, September 28, 2007 | |||
Issue | From | To | Because |
BCE.PR.T | FixFloat | Scraps | Volume |
HSB.PR.D | PerpetualPremium | PerpetualDiscount | Price |
HSB.PR.C | PerpetualPremium | PerpetualDiscount | Price |
ELF.PR.F | PerpetualPremium | PerpetualDiscount | Price |
W.PR.J | PerpetualPremium | PerpetualDiscount | Price |
ENB.PR.A | PerpetualPremium | PerpetualDiscount | Price |
TCA.PR.X | PerpetualPremium | PerpetualDiscount | Price |
TCA.PR.Y | PerpetualPremium | PerpetualDiscount | Price |
BNA.PR.B | Scraps | SplitShare | Volume |
FTU.PR.A | Scraps | SplitShare | Volume |
MST.PR.A | Scraps | InterestBearing | Volume |
I have already posted about MAPF Performance; I will post about index performance later.