Note that these indices are experimental; the absolute and relative daily values are expected to change in the final version | |||||||
Index | Mean Current Yield (at bid) | Mean YTW | Mean Average Trading Value | Mean Mod Dur (YTW) | Issues | Day’s Perf. | Index Value |
Ratchet | 4.25% | 4.26% | 38,164 | 16.95 | 1 | +0.5666% | 1,026.1 |
Fixed-Floater | 4.81% | 3.85% | 100,186 | 6.64 | 7 | -0.2015% | 1,028.1 |
Floater | 4.46% | -23.73% | 62,671 | 6.58 | 5 | +0.0079% | 1,038.9 |
Op. Retract | 4.63% | -1.13% | 83,641 | 2.22 | 17 | -0.0015% | 1,032.8 |
Split-Share | 5.24% | 3.22% | 156,377 | 2.73 | 8 | -0.4350% | 1,035.3 |
Interest Bearing | 6.90% | 5.69% | 72,227 | 3.88 | 7 | +0.2845% | 1,024.1 |
Perpetual-Premium | 5.02% | 3.33% | 263,313 | 4.43 | 51 | +0.0448% | 1,050.5 |
Perpetual-Discount | 4.58% | 4.58% | 1,010,196 | 14.72 | 6 | +0.0751% | 1,047.2 |
Major Price Changes | |||
Issue | Index | Change | Notes |
LBS.PR.A | SplitShare | -1.0176% | Surprising, since I consider this issue rather attractive, now with a bid-YTW of 4.19% based on a bid of $10.70 and a hardMaturity 2013-11-29 at $10.00. |
BSD.PR.A | InterestBearing | +2.0387% | Still with an attractive pre-tax bid-YTW of 6.00%, based on a bid of $10.01 and a hard maturity at $10.00 2015-3-31. Still no word on the results of the annual retraction privilege, exercisable 2006-11-30. |
Volume Highlights | |||
Issue | Index | Volume | Notes |
CM.PR.I | PerpetualPremium | 152,355 | Recent new issue. |
RY.PR.C | PerpetualPremium | 58,905 | Recent new issue. |
SLF.PR.D | PerpetualDiscount | 47,519 | Recent blue-light special. |
MFC.PR.C | PerpetualPremium | 43,859 | National Bank crossed 31,800 at $25.04. The issue now has a pre-tax bid-YTW of 4.50%, based on a bid of $25.00 and either a call at $25.00 2015-4-18 or a limitMaturity. Which isn’t too shabby, seeing that the MFC.PR.B, a similar issue, has a pre-tax YTW of 4.30% based on a bid of $25.53 and a call 2014-4-18 at $25.00. |
HSB.PR.D | PerpetualPremium | 31,895 | National crossed 30,000 at $26.90. This issue has a pre-tax bid-YTW of 4.06%, base on either a call at $25.25 2014-1-30, or a call at $25.00 2015-1-30. |
[…] Recovering from yesterday – and then some! Pre-tax bid-YTW is 3.89% based on a bid of $10.89 and a hardMaturity at $10.00 2013-11-29 […]
[…] This has been volatile lately, probably due to speculation about the possible call. Now with a pre-tax bid-YTW of 6.62% (as interest!) based on a bid of 9.88 and a maturity 2015-3-31. […]