Another solid up-day, on very light volume.
| 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 | N/A | N/A | N/A | N/A | 0 | N/A | N/A |
| Fixed-Floater | 4.69% | 4.40% | 57,963 | 16.42 | 7 | -0.0524% | 1,089.7 |
| Floater | 4.13% | 4.16% | 55,144 | 17.07 | 3 | +0.9100% | 893.7 |
| Op. Retract | 5.00% | 4.30% | 128,117 | 2.88 | 17 | +0.1849% | 1,041.4 |
| Split-Share | 5.36% | 6.08% | 58,764 | 4.48 | 14 | -0.1569% | 1,032.4 |
| Interest Bearing | 6.31% | 5.86% | 5.28 | 2 | -1.0110% | 1,109.4 | |
| Perpetual-Premium | 6.19% | 6.08% | 73,760 | 2.28 | 1 | -0.6294% | 988.1 |
| Perpetual-Discount | 6.25% | 6.30% | 209,765 | 13.50 | 67 | +0.1854% | 849.5 |
| Major Price Changes | |||
| Issue | Index | Change | Notes |
| BSD.PR.A | InterestBearing | -1.9792% | Asset coverage of just under 1.6:1 as of July 25 according to Brookfield Funds. Now with a pre-tax bid-YTW of 7.34% (mostly as interest) based on a bid of 9.41 and a hardMaturity 2015-3-31 at 10.00. |
| CM.PR.P | PerpetualDiscount | -1.1471% | Now with a pre-tax bid-YTW of 7.00% based on a bid of 19.82 and a limitMaturity. |
| CU.PR.A | PerpetualDiscount | +1.0649% | Now with a pre-tax bid-YTW of 5.90% based on a bid of 24.55 and a limitMaturity. |
| BAM.PR.I | OpRet | +1.0842% | Now with a pre-tax bid-YTW of 6.32% based on a bid of 24.24 and a softMaturity 2013-12-30 at 25.00. Compare with BAM.PR.H (6.44% to 2012-3-30), BAM.PR.J (7.10% to 2018-3-30) and BAM.PR.O (7.13% to 2013-6-30). |
| CU.PR.B | PerpetualDiscount | +1.1427% | Now with a pre-tax bid-YTW of 6.03% based on a bid of 24.85 and a limitMaturity. |
| GWO.PR.I | PerpetualDiscount | +1.2002% | Now with a pre-tax bid-YTW of 6.15% based on a bid of 18.55 and a limitMaturity. |
| BNS.PR.J | PerpetualDiscount | +1.2173% | Now with a pre-tax bid-YTW of 5.86% based on a bid of 22.45 and a limitMaturity. |
| ELF.PR.F | PerpetualDiscount | +1.3158% | Now with a pre-tax bid-YTW of 6.96% based on a bid of 19.25 and a limitMaturity. |
| ELF.PR.G | PerpetualDiscount | +1.8574% | Now with a pre-tax bid-YTW of 7.07% based on a bid of 17.00 and a limitMaturity. |
| BAM.PR.B | Floater | +2.1622% | |
| IAG.PR.A | PerpetualDiscount | +2.5727% | Now with a pre-tax bid-YTW of 6.36% based on a bid of 18.34 and a limitMaturity. |
| Volume Highlights | |||
| Issue | Index | Volume | Notes |
| GWO.PR.I | PerpetualDiscount | 89,220 | CIBC crossed 86,000 at 18.53. Now with a pre-tax bid-YTW of 6.15% based on a bid of 18.55 and a limitMaturity. |
| MFC.PR.C | PerpetualDiscount | 66,050 | CIBC crossed 63,000 at 19.40. Now with a pre-tax bid-YTW of 5.93% based on a bid of 19.28 and a limitMaturity. |
| BAM.PR.O | OpRet | 65,688 | Scotia crossed 42,500 at 22.75. See above. |
| RY.PR.A | PerpetualDiscount | 38,200 | CIBC crossed 35,000 at 18.33. Now with a pre-tax bid-YTW of 6.15% based on a bid of 18.16 and a limitMaturity. |
| RY.PR.W | PerpetualDiscount | 33,580 | National crossed 20,000 at 19.60. Now with a pre-tax bid-YTW of 6.27% based on a bid of 19.61 and a limitMaturity. |
There were five other index-included $25-pv-equivalent issues trading over 10,000 shares today.