BMO.PR.P Settles at Slight Premium on Huge Volume

BMO.PR.P, the new FixedReset 5.40%+241 announced last week, settled today and traded 889,295 shares in a range of 25.05-19 before closing at 25.09-12, 10×18.

The deal size was 14-million shares (=$350-million) with a 2-million share (=$50-million) greenshoe. It is not clear whether or not the greenshoe has been exercised.

Vital statistics are:

BMO.PR.P FixedReset YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2039-06-19
Maturity Price : 23.15
Evaluated at bid price : 25.09
Bid-YTW : 5.07 %

BMO.PR.P has been added to the HIMIPref™ FixedResets subindex.

7 Responses to “BMO.PR.P Settles at Slight Premium on Huge Volume”

  1. […] PrefBlog Canadian Preferred Shares – Data and Discussion « BMO.PR.P Settles at Slight Premium on Huge Volume […]

  2. […] Recent new issue. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-06-22 Maturity Price : 23.13 Evaluated at bid price : 25.04 Bid-YTW : 5.09 % […]

  3. […] Recent new issue. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-06-25 Maturity Price : 23.14 Evaluated at bid price : 25.07 Bid-YTW : 5.08 % […]

  4. […] Recent new issue. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-06-26 Maturity Price : 23.18 Evaluated at bid price : 25.20 Bid-YTW : 5.05 % […]

  5. […] Recent new issue. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-06-29 Maturity Price : 23.22 Evaluated at bid price : 25.32 Bid-YTW : 4.90 % […]

  6. […] Recent new issue. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-07-03 Maturity Price : 23.23 Evaluated at bid price : 25.35 Bid-YTW : 4.89 % […]

  7. […] Recent new issue. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-07-06 Maturity Price : 23.23 Evaluated at bid price : 25.35 Bid-YTW : 4.85 % […]

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