Technical difficulties (like mainly the fact that I have no brains at all and wiped out a few records in files that now have to be rebuilt … if this gets any worse I’m going to condemned to analyzing equities) preclude preparation of the Index Reports for the next few days. This post will be updated in due course. Sorry!
| Major Price Changes | |||
| Issue | Index | Change | Notes |
| BCE.PR.C | FixedFloater | +1.1041% | |
| HSB.PR.C | PerpetualPremium | +1.1236% | Now with a pre-tax bid-YTW of 3.87% based on a bid of $27.00 and a call 2010-7-30 at $26.00 |
| AL.PR.E | Floater | +1.3717% | |
| Volume Highlights | |||
| Issue | Index | Volume | Notes |
| CM.PR.I | PerpetualPremium | 203,400 | Now with a pre-tax bid-YTW of 4.52% based on a bid of $25.39 and a call 2016-3-1 at $25.00 |
| RY.PR.E | PerpetualDiscount | 172,524 | Recent new issue. Now with a pre-tax bid-YTW of 4.53% based on a bid of $24.96 and a limitMaturity |
| BMO.PR.J | PerpetualDiscount | 59,550 | Recent new issue. Now with a pre-tax bid-YTW of 4.53% based on a bid of $24.96 and a limitMaturity. |
| SLF.PR.B | PerpetualPremium | 29,090 | Now with a pre-tax bid-YTW of 4.43% based on a bid of $25.75 and a call 2014-10-30 at $25.00. |
| GWO.PR.I | PerpetualDiscount | 28,975 | Now with a pre-tax bid-YTW of 4.58% based on a bid of $24.77 and a limitMaturity. |
There were ten other “$25 p.v. equivalent” index-included issues with over 10,000 shares traded today.
Update, finally!
| 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 | 4.03% | 4.03% | 27,943 | 17.39 | 1 | +0.1603% | 1,039.5 |
| Fixed-Floater | 4.82% | 3.58% | 108,216 | 6.36 | 7 | +0.1919% | 1,040.4 |
| Floater | 4.46% | -24.77% | 59,009 | 6.60 | 5 | +0.2230% | 1,051.4 |
| Op. Retract | 4.72% | 2.49% | 75,761 | 2.10 | 18 | -0.0205% | 1,027.1 |
| Split-Share | 5.15% | -0.40% | 284,727 | 2.53 | 13 | +0.0263% | 1,044.4 |
| Interest Bearing | 6.65% | 6.08% | 67,549 | 4.71 | 7 | -0.0275% | 1,032.8 |
| Perpetual-Premium | 5.04% | 4.07% | 242,162 | 4.99 | 51 | +0.0838% | 1,051.4 |
| Perpetual-Discount | 4.55% | 4.58% | 973,833 | 16.24 | 9 | +0.0627% | 1,053.6 |
[…] This also did well yesterday, but with volume of only 1,600 shares one can’t read too much into it. […]