BNS.PR.F Listed: Minimal Trading

BNS.PR.F is a FloatingReset, Bills+134bp, resulting from the 32% conversion from BNS.PR.Z, which has reset at 2.063%. The issue will be tracked by HIMIPref™ and has been assigned to the FloatingReset subindex. The two issues constitute a Strong Pair.

The issue traded 200 shares today in a range of 18.20-51 and closed at 17.72-20, 1×1.

Vital statistics are:

BNS.PR.F FloatingReset YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2022-01-31
Maturity Price : 25.00
Evaluated at bid price : 17.72
Bid-YTW : 8.03 %

This entry was posted on Wednesday, February 3rd, 2016 at 1:52 am and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “BNS.PR.F Listed: Minimal Trading”

  1. fed says:
    February 5, 2016 at 4:37 am

    Sorry to ask, but does that make BNS.PR.F non NVCC, and hence a deemed retractable?

  2. gsp says:
    February 5, 2016 at 7:16 am

    Yes. NVCC compliance doesn’t materialize out of thin air.

Leave a Reply

You must be logged in to post a comment.