| 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 | 4.90% | 4.93% | 42,522 | 15.67 | 2 | +0.7196% | 978.7 |
| Fixed-Floater | 5.57% | 4.96% | 134,514 | 15.71 | 6 | -0.4594% | 928.5 |
| Floater | 4.81% | 1.21% | 77,230 | 11.19 | 3 | -0.3983% | 1,044.4 |
| Op. Retract | 4.74% | 3.32% | 84,919 | 2.34 | 17 | +0.0565% | 1,032.8 |
| Split-Share | 4.95% | 4.12% | 161,772 | 3.99 | 12 | -0.0713% | 1,048.4 |
| Interest Bearing | 6.51% | 6.19% | 66,587 | 3.38 | 5 | +0.0394% | 1,047.2 |
| Perpetual-Premium | 5.14% | 4.56% | 172,676 | 5.17 | 48 | -0.0234% | 1,050.0 |
| Perpetual-Discount | 4.64% | 4.67% | 752,759 | 16.08 | 19 | -0.0444% | 1,049.0 |
| Major Price Changes | |||
| Issue | Index | Change | Notes |
| BCE.PR.A | FixFloat | -1.2100% | Exchange/Reset Date is 2007-9-1 (Exchanges with Series ‘AB’, not issued); until then, pays 5.03% of par. Closed at 22.86-04, 6×19, touching a 52-week low of 22.86. |
| CM.PR.R | OpRet | +1.1605% | Now with a pre-tax bid-YTW of 3.53%, based on a bid of 26.15 and a call 2008-5-30 at 25.75. That’s a bond-equivalent of 4.94%, not bad! |
| BCE.PR.S | Ratchet | +1.4867% | Exchange/Reset date is 2011-11-01 (Exchanges with BCE.PR.T, which pays 4.502% until then). Closed at 23.21-39, 3×10; the Ts closed at 22.00-23.75, 1×18, trading 1,250 shares in a range of 21.80-50. |
| Volume Highlights | |||
| Issue | Index | Volume | Notes |
| WN.PR.B | OpRet | 139,520 | Scotia crossed 138,400 at 26.00. Now with a pre-tax bid-YTW of 3.51% based on a bid of 26.00 and a softMaturity 2009-6-30 at 25.00. |
| TD.PR.O | PerpetualPremium | 111,507 | Nesbitt crossed 100,000 at 26.03. Now with a pre-tax bid-YTW of 4.27% based on a bid of 26.02 and a call 2014-11-30 at 25.00. |
| BAM.PR.H | OpRet | 111,417 | Scotia crossed 100,000 at 27.09. Now with a pre-tax bid-YTW of 2.48% based on a bid of 27.07 and a call 2008-10-30 at 25.75. There are those, it would appear, who believe it will last until its softMaturity at 25.00, 2012-3-30, to yield 4.05%! |
| CM.PR.I | PerpetualPremium | 34,415 | Now with a pre-tax bid-YTW of 4.68% based on a bid of 25.15 and a call 2016-3-1 at 25.00. |
| NA.PR.L | PerpetualPremium | 30,607 | National Bank crossed 12,700 at 25.75. Now with a pre-tax bid-YTW of 4.41% based on a bid of 25.70 and a call 2014-6-14 at 25.00. |
There were twenty-two other $25-equivalent index-included issues trading over 10,000 shares today.