An extremely busy day to finish the month!
| 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 | 4.86% | 4.84% | 112,447 | 15.75 | 2 | +0.0614% | 1,049.6 |
| Fixed-Floater | 4.91% | 4.93% | 98,259 | 15.62 | 8 | -0.1617% | 1,035.4 |
| Floater | 4.84% | 4.91% | 59,518 | 15.59 | 3 | +0.0592% | 970.9 |
| Op. Retract | 4.88% | 2.47% | 80,591 | 3.81 | 16 | -0.0406% | 1,031.8 |
| Split-Share | 5.34% | 6.23% | 92,352 | 4.09 | 15 | +0.1093% | 1,018.5 |
| Interest Bearing | 6.24% | 6.52% | 69,058 | 3.75 | 4 | -0.1081% | 1,065.7 |
| Perpetual-Premium | 5.86% | 5.34% | 91,238 | 8.05 | 11 | -0.0066% | 1,008.1 |
| Perpetual-Discount | 5.61% | 5.65% | 348,050 | 14.20 | 55 | +0.2244% | 904.3 |
| Major Price Changes | |||
| Issue | Index | Change | Notes |
| BNA.PR.B | SplitShare | -4.3478% | Asset coverage of 4.0:1 according to the company. Pre-tax bid-YTW now 6.90% based on a bid of 22.00 and a hardMaturity 2016-3-25 at 25.00. |
| BAM.PR.G | FixFloat | -1.5748% | |
| LBS.PR.A | SplitShare | -1.1765% | Asset coverage of 2.4+:1 as of November 29, according to Brompton. Now with a pre-tax bid-YTW of 5.26% based on a bid of 10.08 and a hardMaturity 2013-11-29 at 10.08. |
| ELF.PR.G | PerpetualDiscount | -1.1696% | Now with a pre-tax bid-YTW of 7.16% based on a bid of 16.90 and a limitMaturity. |
| BNA.PR.C | SplitShare | -1.0932% | Asset coverage of 4.0:1 according to the company. Now with a pre-tax bid-YTW of 7.62% based on a bid of 19.00 and a hardMaturity 2019-1-10 at 25.00. |
| WFS.PR.A | SplitShare | +1.1213% | Asset coverage of 1.9+:1 as of November 22, according to Mulvihill. Now with a pre-tax bid-YTW of 5.82% based on a bid of 9.92 and a hardMaturity 2011-6-30 at 10.00. |
| FIG.PR.A | InterestBearing | +1.1518% | Asset coverage of 2.1+:1 as of November 28, according to Faircourt. Now with a pre-tax bid-YTW of 7.11% (mostly as interest) based on a bid of 9.66 and a hardMaturity 2014-12-31 at 10.00. |
| POW.PR.D | PerpetualDiscount | +1.1526% | Now with a pre-tax bid-YTW of 5.78% based on a bid of 21.94 and a limitMaturity. |
| BNS.PR.M | PerpetualDiscount | +1.2013% | Now with a pre-tax bid-YTW of 5.41% based on a bid of 21.06 and a limitMaturity. |
| CIU.PR.A | PerpetualDiscount | +1.2195% | Now with a pre-tax bid-YTW of 5.58% based on a bid of 20.75 and a limitMaturity. |
| NA.PR.L | PerpetualDiscount | +1.4829% | Now with a pre-tax bid-YTW of 5.97% based on a bid of 20.53 and a limitMaturity. |
| IAG.PR.A | PerpetualPremium | +1.7632% | Now with a pre-tax bid-YTW of 5.70% based on a bid of 20.20 and a limitMaturity. |
| NA.PR.K | PerpetualDiscount | +1.9311% | Now with a pre-tax bid-YTW of 6.07% based on a bid of 24.28 and a limitMaturity. |
| HSB.PR.D | PerpetualDiscount | +2.1530% | Now with a pre-tax bid-YTW of 5.70% based on a bid of 22.30 and a limitMaturity |
| BSD.PR.A | InterestBearing | +2.2774% | Asset coverage of just under 1.7:1 as of November 23, 2007, according to Brookfield Funds. Now with a pre-tax bid-YTW of 6.21% based on a bid of 9.88 and a hardMaturity 2015-3-31. |
| FFN.PR.A | SplitShare | +2.5961% | Asset coverage of 2.3:1 as of November 15, according to the company. Now with a pre-tax bid-YTW of 5.77% based on a bid of 22.50 and a limitMaturity. |
| FTU.PR.A | SplitShare | +2.6667% | Asset coverage of 1.8+:1 as of November 15, according to . Now with a pre-tax bid-YTW of 7.12% based on a bid of 9.24 and a hardMaturity 2012-12-1 at 10.00. |
| Volume Highlights | |||
| Issue | Index | Volume | Notes |
| IQW.PR.C | Scraps (would be OpRet, but there are credit concerns) | 456,020 | Now with a pre-tax bid-YTW of 209.05% (annualized!) based on a bid of 17.80 and a softMaturity 2008-2-29 at 25.00. But don’t count on it! |
| NTL.PR.F | Scraps (would be Ratchet, but there are credit concerns) | 376,393 | |
| PWF.PR.E | PerpetualDiscount | 221,500 | Scotia crossed 200,000 at 24.71. Now with a pre-tax bid-YTW of 5.57% based on a bid of 24.62 and a limitMaturity. |
| TD.PR.P | PerpetualDiscount | 142,760 | Now with a pre-tax bid-YTW of 5.43% based on a bid of 24.42 and a limitMaturity. |
| RY.PR.W | PerpetualDiscount | 69,809 | Now with a pre-tax bid-YTW of 5.46% based on a bid of 22.58 and a limitMaturity. |
| GWO.PR.H | PerpetualDiscount | 54,830 | Now with a pre-tax bid-YTW of 5.69% based on a bid of 21.35 and a limitMaturity. |
| RY.PR.D | PerpetualDiscount | 54,830 | Now with a pre-tax bid-YTW of 5.45% based on a bid of 20.80 and a limitMaturity. |
There were seventy-four other index-included $25.00-equivalent issues trading over 10,000 shares today.