| Note that these indices are experimental; the absolute and relative daily values are expected to change in the final version | |||||||
| Index | Mean Current Yield (at bid) | Mean YTW | Mean Average Trading Value | Mean Mod Dur (YTW) | Issues | Day’s Perf. | Index Value |
| Ratchet | 4.13% | 4.05% | 45,792 | 10.66 | 2 | 0.0000% | 1,019.9 |
| Fixed-Floater | 4.97% | 3.92% | 172,087 | 8.72 | 7 | 0.0003% | 1,025.8 |
| Floater | 4.53% | -15.72% | 76,426 | 6.50 | 5 | 0.0159% | 1,018.0 |
| Op. Retract | 4.67% | 1.89% | 86,957 | 2.39 | 17 | 0.0504% | 1,018.7 |
| Split-Share | 4.94% | 3.73% | 161,563 | 3.29 | 11 | 0.1058% | 1,022.4 |
| Interest Bearing | 6.89% | 5.02% | 56,288 | 2.00 | 7 | -0.0132% | 1,022.2 |
| Perpetual-Premium | 5.09% | 3.91% | 213,242 | 4.23 | 47 | 0.0082% | 1,036.1 |
| Perpetual-Discount | 4.57% | 4.61% | 535,810 | 16.19 | 7 | -0.0229% | 1,036.4 |
| Major Price Changes | |||
| Issue | Index | Change | Notes |
| There were no index-included issues with major price changes today. | |||
| Volume Highlights | |||
| Issue | Index | Volume | Notes |
| LBS.PR.A | SplitShare | 122,500 | Recent new issue, tops the charts for the fourth straight day despite being a split share – even accounting for the lower price per share, dollar volume is still impressive. And this note is getting boring, although it’s easy to write. |
| SLF.PR.C | PerpetualDiscount | 19,500 | A narrow range, as befits a sleepy day … it closed at 24.50-55, 19×17, with a high-price of 24.55 and a low price of 24.50. |
| CM.PR.P | PerpetualPremium | 15.700 | Pays $1.375 and isn’t callable until 2012 – and there’s no declining call period on this one. YTW is 3.92%, based on the bid price of $27.13 and a call in November, 2012. A little expensive, I say … but there’s a lot of interest-rate-protection that comes with the high dividend, so pays yer money and takes yer chances! |
| RY.PR.A | PerpetualDiscount | 14,150 | Another issue trading in a narrow range, with the closing quote of $24.85-90 also representing the high and low. |
| GWO.PR.I | PerpetualDiscount | 13,420 | Shockingly, the closing quote of 24.66-74 was inside the day’s high & low (24.75 & 24.63). |
There were two other index-included issues trading over 10,000 shares today.
Doesn’t anybody ever take a view any more?