| 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 | 4.09% | 4.10% | 26,170 | 17.25 | 1 | -0.0403% | 1,028.4 |
| Fixed-Floater | 4.78% | 3.44% | 82,080 | 10.14 | 7 | -0.0436% | 1,040.3 |
| Floater | 4.57% | -22.41% | 65,513 | 8.23 | 4 | -0.0784% | 1,041.3 |
| Op. Retract | 4.67% | 2.02% | 82,205 | 2.04 | 17 | -0.0932% | 1,032.3 |
| Split-Share | 5.06% | 1.07% | 403,351 | 2.86 | 11 | -0.1108% | 1,043.4 |
| Interest Bearing | 6.69% | 5.49% | 74,638 | 2.66 | 6 | +0.1522% | 1,036.7 |
| Perpetual-Premium | 5.02% | 3.77% | 252,058 | 4.91 | 55 | -0.0934% | 1,052.5 |
| Perpetual-Discount | 4.51% | 4.51% | 792,398 | 16.35 | 3 | +0.0673% | 1,055.6 |
| Major Price Changes | |||
| Issue | Index | Change | Notes |
| There were no index-included issues with major price changes today. | |||
| Volume Highlights | |||
| Issue | Index | Volume | Notes |
| GWO.PR.I | PerpetualDiscount | 313,859 | Nesbitt crossed 100,000 at $24.90. Now with a pre-tax bid-YTW of 4.55% based on a bid of $24.87 and a limitMaturity |
| AL.PR.F | Floater | 172,800 | Global crossed 86,000 at $25.77 for cash, then 86,000 at 25.48 for regular settlement. The issue went exDividend today for $0.28125. |
| BAM.PR.K | Floater | 100,700 | Scotia crossed 100,000 at 24.70. |
| PWF.PR.J | OpRet | 80,932 | Desjardins crossed 80,000 at 26.86. Now with a pre-tax bid-YTW of 2.23% based on a bid of $26.75 and a call 2008-5-30 at $26.00. Obviously, there are some willing to bet that it will last until its softMaturity 2013-7-30 at $25.0. Pays only 1.175, with a 0.25 annual decline in redemption premium, so they might be right. Maybe. |
| BNA.PR.C | SplitShare | 72,300 | Recent new issue. Now with a pre-tax bid-YTW of 4.47%, based on a bid of $24.76 and a hardMaturity 2019-1-10 at $25.00. That’s basically even with the recent perpetual issues! |
There were nine other “$25 p.v. equivalent” index-included issues with over 10,000 shares traded today.