| Note that these indices are experimental; the absolute and relative daily values are expected to change in the final version | |||||||
| Index | Current Yield (at bid) | YTW | Average Trading Value | Mod Dur (YTW) | Issues | Day’s Perf. | Index Value |
| Ratchet | 4.45% | 4.47% | 39,089 | 16.52 | 1 | 0.9024% | 1,001.2 |
| Fixed-Floater | 4.92% | 3.95% | 317,347 | 11.49 | 6 | 0.1072% | 1,007.7 |
| Floater | 4.63% | -15.40% | 85,825 | 8.04 | 4 | -0.2357% | 1,010.2 |
| Op. Retract | 4.68% | 2.40% | 74,431 | 2.40 | 18 | 0.0231% | 1,011.5 |
| Split-Share | 4.97% | 3.75% | 53,053 | 2.73 | 10 | -0.1466% | 1,009.7 |
| Interest Bearing | 6.82% | 5.54% | 57,182 | 2.09 | 7 | -0.0066% | 1,017.2 |
| Perpetual-Premium | 5.14% | 4.27% | 179,804 | 4.28 | 48 | 0.0583% | 1,022.1 |
| Perpetual-Discount | 4.62% | 4.64% | 313,266 | 16.16 | 6 | -0.1147% | 1,028.8 |
| Major Price Changes | |||
| Issue | Index | Change | Notes |
| AL.PR.E | Floater | -1.0822% | Giving up most of yesterday’s gains on volume of 560 shares. |
| Volume Highlights | |||
| Issue | Index | Volume | Notes |
| CM.PR.A | OpRet | 202,370 | Nesbitt crossed 200,000 @ $27.23. This issue has a YTW of only 1.11% at the closing bid of 27.17, based on a call at the first opportunity, commencing 2007-10-31 at a price of 25.75. The annual dividend of $1.325 is very rich for a highly rated operating retractible – CGI.PR.C trades at a fat premium paying only $0.975 – but even if the issue survives until just before its retraction date it will only have yielded 3.52% |
| BAM.PR.B | Floater | 126,910 | Nesbitt executed an internal cross of 87,300 shares at 24.31 |
| TD.PR.O | PerpetualPremium | 109,200 | |
| PWF.PR.A | Scraps | 42,300 | Desjardins crossed 20,000 @ 25.35, then bought 21,300 from Nesbitt at the same price. This issue is in the “Scraps” index due to its normally low volume, so today is a red-letter day! |
| GWO.PR.I | PerpetualDiscount | 37,150 | |
There were sixteen other index-included issues trading over 10,000 shares today.