BEP.PR.E Listed

BEP.PR.E, which has resulted from a 41% conversion from BRF.PR.E commenced trading today.

“Trading” is perhaps a misnomer, because not a single share changed hands; fortunately, the well compensated and strictly supervised market maker stepped up to the plate and the issue closed 16.00-21.00, 9×2, a mere $5 spread.

BEP.PR.E will be tracked by HIMIPref™ but relegated to the Scraps index on credit concerns.

BEP.PR.E Perpetual-Discount YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2046-02-11
Maturity Price : 16.00
Evaluated at bid price : 16.00
Bid-YTW : 8.86 %

Leave a Reply

You must be logged in to post a comment.