CU.PR.B Closes at Premium

It’s been a long time … but if the issue can hold on to its gains for another three weeks, then we’ll have a member of the long neglected PerpetualPremium index.

Vital statistics are:

CU.PR.B Perpetual-Discount YTW SCENARIO
Maturity Type : Call
Maturity Date : 2012-07-01
Maturity Price : 25.00
Evaluated at bid price : 25.31
Bid-YTW : 5.65 %

It was transferred from PerpetualPremium to PerpetualDiscount at the June 2008 rebalancing, which left four issues in the PerpetualPremium index as of 2008-6-30.

This entry was posted on Thursday, June 11th, 2009 at 7:02 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “CU.PR.B Closes at Premium”

  1. CU.PR.B To Be Redeemed « PrefBlog says:
    May 30, 2012 at 9:53 am

    […] was last mentioned on PrefBlog when it was the first Straight Perpetual to crawl back into premium territory after a long period […]

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