| 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 | 4.13% | 4.12% | 25,591 | 17.21 | 1 | +0.2787% | 1,047.4 |
| Fixed-Floater | 4.81% | 3.59% | 80,834 | 8.13 | 7 | +0.2559% | 1,041.6 |
| Floater | 4.47% | -21.17% | 54,320 | 3.35 | 5 | -0.0701% | 1,049.5 |
| Op. Retract | 4.71% | 2.18% | 74,758 | 2.05 | 18 | -0.0896% | 1,030.7 |
| Split-Share | 5.10% | 0.66% | 239,561 | 2.79 | 14 | -0.0166% | 1,044.5 |
| Interest Bearing | 6.49% | 4.64% | 63,070 | 2.96 | 5 | -0.2005% | 1,039.6 |
| Perpetual-Premium | 5.03% | 3.83% | 214,065 | 5.01 | 51 | +0.0867% | 1,054.7 |
| Perpetual-Discount | 4.53% | 4.55% | 1,073,660 | 14.67 | 11 | +0.1609% | 1,061.6 |
| Major Price Changes | |||
| Issue | Index | Change | Notes |
| ACO.PR.A | OpRet | -2.4731% | The bids just faded away and it closed at 27.21-50, 1×9, on volumen of 2,129 shares. Still with a pre-tax bid-YTW of 2.90% based on a bid of $27.21 and a call 2008-12-31 at $26.00, but buyers are hoping for the softMaturity 2011-11-30 at $25.00, yielding 3.72%. |
| Volume Highlights | |||
| Issue | Index | Volume | Notes |
| GWO.PR.F | PerpetualPremium | 140,399 | Desjardins crossed 90,000 at 28.11, then another 50,000 at the same price. Now with a pre-tax bid-YTW of 1.65% based on a bid of 27.96 and a call 2008-10-30 at $26.00. Somebody has decided that particular call is not too likely! |
| RY.PR.A | PerpetualDiscount | 34,538 | Now with a pre-tax bid-YTW of 4.49% based on a bid of $24.87 and a limitMaturity. |
| CM.PR.I | PerpetualPremium | 33,531 | Now with a pre-tax bid-YTW of 4.50% based on a bid of 25.50 and a call 2016-3-1 at $25.00. |
| SLF.PR.D | PerpetualDiscount | 29,419 | Now with a pre-tax bid-YTW of 4.49% based on a bid of $24.73 and a limitMaturity. |
| CM.PR.J | PerpetualDiscount | 28,425 | Now with a pre-tax bid-YTW of 4.53% based on a bid of $24.94 and a limitMaturity. |
There were twelve other “$25 p.v. equivalent” index-included issues with over 10,000 shares traded today.
[…] Gets hit again, to close at $26.80-00, on volume of 1,405 shares, which traded in a range of $26.69-01. Actually, at the bid level of $26.80, it starts to look reasonable, with a pre-tax bid-YTW of 3.78% based on a call at $26.00 2008-12-31. […]