Major Price Changes |
Issue |
Index |
Change |
Notes |
ELF.PR.G |
PerpetualDiscount |
-3.1042% |
Leads the list (downwards) for the third straight day. It seems rather odd … I don’t see any news, rating agency pronouncements or common-stock price-movement that would explain it. New low of 21.51 today. Now with a pre-tax bid-YTW of 5.52% (!) based on a bid of 21.85 and a limitMaturity. |
ELF.PR.F |
PerpetualPremium |
-2.3846% |
New low of 25.06 today. Now with a pre-tax bid-YTW of 5.18% based on a bid of 25.38 and a call 2013-11-16 at 25.00. |
PWF.PR.L |
PerpetualPremium (for now!) |
-1.9920% |
New low of 24.65 today. Now with a pre-tax bid-YTW of 5.24% based on a bid of 24.60 and a limitMaturity. |
SLF.PR.C |
PerpetualDiscount |
-1.8642% |
New low of 22.20 today. Now with a pre-tax bid-YTW of 5.04% based on a bid of 22.11 and a limitMaturity. |
SLF.PR.A |
PerpetualDiscount |
-1.6116% |
New low of 23.80 today. Now with a pre-tax bid-YTW of 4.98% based on a bid of 23.81 and a limitMaturity. |
POW.PR.D |
PerpetualDiscount |
-1.5719% |
New low of 24.35 today. Now with a pre-tax bid-YTW of 5.19% based on a bid of 24.42 and a limitMaturity. |
PWF.PR.K |
PerpetualDiscount |
-1.5044% |
New low of 23.31 today. Now with a pre-tax bid-YTW of 5.31% based on a bid of 23.57 and a limitMaturity. |
SLF.PR.B |
PerpetualDiscount |
-1.4870% |
New low of 23.72 today. Now with a pre-tax bid-YTW of 5.03% based on a bid of 23.85 and a limitMaturity. |
BSD.PR.A |
InterestBearing |
-1.4184% |
Now with a pre-tax bid-YTW of 6.47% (as interest) based on a bid of 9.73 and a hardMaturity 2015-3-31 at 10.00. |
BMO.PR.J |
PerpetualDiscount |
-1.2931% |
New low of 22.78 today. Now with a pre-tax bid-YTW of 4.94% based on a bid of 22.90 and a limitMaturity. |
BNS.PR.M |
PerpetualDiscount |
-1.2446% |
New low of 22.91 today. Now with a pre-tax bid-YTW of 4.96% based on a bid of 23.01 and a limitMaturity. |
RY.PR.W |
PerpetualPremium (for now!) |
-1.2420% |
New low of 24.50 today. Now with a pre-tax bid-YTW of 5.00% based on a bid of 24.65 and a limitMaturity. |
RY.PR.C |
PerpetualDiscount |
-1.1050% |
New low of 23.26 today. Now with a pre-tax bid-YTW of 4.97% based on a bid of 23.27 and a limitMaturity. |
MFC.PR.A |
OpRet |
-1.0925% |
New low of 25.03 today. Now with a pre-tax bid-YTW of 3.90 based on a bid of 25.35 and a softMaturity 2015-12-18 at 25.00. |
SBN.PR.A |
SplitShare |
-1.0567% |
New low of 10.30 today. Now with a pre-tax bid-YTW of 4.86% based on a bid of 10.30 and a hardMaturity 2014-12-01 at 10.00. |
BCE.PR.H |
Ratchet |
-1.0004% |
Did not trade today. Exchange/Reset date is 2011-5-1 (exchanges with BCE.PR.G, which pays 4.35% of par until then). Closed at 22.76-00, 9×10; the Gs closed at 19.71-22, 5×5. Let’s see. Prime’s 6%. Assume the Hs pay 6% for the next four years and the Gs pay 4.35%. Difference = 1.65%. On $25.00 for 4 years, total amount of difference in dividends is $1.65. I guess the market is betting on a massive increase in prime, eh? |
BAM.PR.G |
FixFloat |
+1.0616%% |
Exchange/Reset date is 2011-10-31 (Exchanges with BAM.PR.E); until then, pays 4.35% of par. The Gs closed at 23.80-90, 2×5; the Es closed at 24.95-05, 4×12. |
AL.PR.E |
Floater |
+1.5994% |
Still on credit watch – developing. |
GWO.PR.I |
PerpetualDiscount |
+1.6173% |
Capital market plans still on hold. Now with a pre-tax bid-YTW of 4.98% based on a bid of 22.62 and a limitMaturity. |