| 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 | 4.04% | 4.05% | 28,531 | 17.36 | 1 | +0.0401% | 1,038.2 |
| Fixed-Floater | 4.81% | 3.51% | 103,723 | 8.23 | 7 | +0.1475% | 1,042.6 |
| Floater | 4.43% | -30.31% | 57,894 | 6.55 | 5 | -0.0776% | 1,057.7 |
| Op. Retract | 4.72% | 2.32% | 74,475 | 2.10 | 18 | +0.1024% | 1,027.9 |
| Split-Share | 5.17% | 0.86% | 272,353 | 2.52 | 13 | -0.1860% | 1,040.8 |
| Interest Bearing | 6.70% | 4.30% | 71,118 | 3.88 | 6 | +0.0265% | 1,035.0 |
| Perpetual-Premium | 5.03% | 4.05% | 236,263 | 5.04 | 51 | +0.0356% | 1,052.2 |
| Perpetual-Discount | 4.55% | 4.58% | 1,113,363 | 16.24 | 10 | +0.0202% | 1,052.8 |
| Major Price Changes | |||
| Issue | Index | Change | Notes |
| LBS.PR.A | SplitShare | -1.2127% | It’s always the way, eh? This is an issue I like. And on the first day of trading after an issue I don’t like gets called (DIV.PR.A), it’s the issue I like that craps out. Such is life in the preferred market. LBS.PR.A now has a pre-tax bid-YTW of 4.32% based on a bid of $10.59 and a hardMaturity 2013-11-29 at $10.00. |
| Volume Highlights | |||
| Issue | Index | Volume | Notes |
| SLF.PR.C | PerpetualDiscount | 59,130 | Now with a pre-tax bid-YTW of 4.54% based on a bid of $24.75 and a limitMaturity. |
| CM.PR.H | PerpetualPremium | 51,137 | RBC crossed 27,000 at $26.00. Now with a pre-tax bid-YTW of 4.26% based on a bid of $25.90 and a call 2014-4-29 at $25.00. |
| SLF.PR.E | PerpetualDiscount | 43,790 | Recent new issue. Now with a pre-tax bid-YTW of 4.58% based on a bid of $24.66 and a limitMaturity. |
| POW.PR.D | PerpetualPremium | 33,890 | Now with a pre-tax bid-YTW of 4.28% based on a bid of $26.31 and a call 2014-11-30 at $25.00 |
| CM.PR.I | PerpetualPremium | 26,470 | Now with a pre-tax bid-YTW of 4.52% based on a bid of $25.40 and a call 2016-3-1 at $25.00. Both better yield and better interest rate protection than the new issue. |
There were eleven other “$25 p.v. equivalent” index-included issues with over 10,000 shares traded today.