| 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 | 4.43% | 4.46% | 44,483 | 16.54 | 1 | 0.1619% | 1,007.3 |
| Fixed-Floater | 4.89% | 3.87% | 304,429 | 8.96 | 6 | 0.0337% | 1,014.0 |
| Floater | 4.64% | -18.23% | 97,098 | 8.11 | 4 | 0.1705% | 1,015.8 |
| Op. Retract | 4.69% | 2.33% | 83,044 | 2.39 | 18 | 0.0084% | 1,013.6 |
| Split-Share | 4.98% | 3.05% | 57,549 | 2.69 | 10 | 0.1534% | 1,011.7 |
| Interest Bearing | 6.86% | 4.60% | 56,882 | 2.08 | 7 | 0.0674% | 1,021.9 |
| Perpetual-Premium | 5.14% | 4.03% | 178,277 | 4.18 | 48 | 0.0860% | 1,025.3 |
| Perpetual-Discount | 4.60% | 4.61% | 322,817 | 16.22 | 6 | 0.1568% | 1,035.2 |
| Major Price Changes | |||
| Issue | Index | Change | Notes |
| There were no index-included issues with absolute value of returns greater than 1% today. | |||
| Volume Highlights | |||
| Issue | Index | Volume | Notes |
| POW.PR.B | PerpetualPremium | 66,464 | Went ex-dividend today |
| WFS.PR.A | SplitShare | 55,000 | Scotia crossed 50,000 @ 10.65. An attractive issue, with a pre-tax YTW of 3.86% and a modified duration of 4.24 years based on a June 30, 2011, maturity. |
| GWO.PR.I | PerpetualDiscount | 51,295 | Pre-tax YTW now 4.60 at the closing bid of $24.51. |
| CU.PR.A | PerpetualPremium | 50,500 | RBC crossed 50,000 @ $26.90. The pre-tax YTW is only 3.59%, based on a March, 2008 call. If it survives through the declining-premium period until March 2012, its yield will have been 4.37%. Pays $1.45 (with a Pfd-2 rating from DBRS), so there’s a reasonable chance it will make it. Still … only 4.37% at best, with no upside on yield declines! Pass. |
| PWF.PR.I | PerpetualPremium | 40,500 | Scotia crossed 38,000 @ $26.95. An even higher-premium issue than the CU.PR.A, above, paying $1.50 with a pre-tax YTW of 3.91% based on a May, 2008, call. 4.59% if it survives to 2012 and the $25.00 call price, but you won’t catch me betting on it! |
There were nine other index-included issues trading over 10,000 shares today.