Lots of chatter about BCE / Telus today, but no real news. I haven’t yet seen the suggestion that Telus might buy BCE only to get swallowed itself … but why not?
| 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 | 5.67% | 5.77% | 30,212 | 14.39 | 2 | +0.8089% | 957.0 |
| Fixed-Floater | 5.42% | 5.60% | 141,074 | 14.67 | 7 | +0.0203% | 929.1 |
| Floater | 4.83% | 2.55% | 91,012 | 5.65 | 3 | -0.0938% | 1,047.5 |
| Op. Retract | 4.83% | 4.00% | 87,190 | 3.11 | 17 | -0.2414% | 1,019.8 |
| Split-Share | 5.03% | 4.59% | 161,626 | 4.16 | 15 | +0.1330% | 1,043.0 |
| Interest Bearing | 6.13% | 7.09% | 86,467 | 6.13 | 4 | -0.0249% | 1,024.9 |
| Perpetual-Premium | 5.42% | 5.18% | 149,810 | 7.95 | 34 | +0.1058% | 1,018.0 |
| Perpetual-Discount | 5.05% | 5.10% | 515,700 | 15.33 | 29 | -0.1317% | 966.0 |
| Major Price Changes | |||
| Issue | Index | Change | Notes |
| GWO.PR.E | OpRet | -1.5238% | Now with a pre-tax bid-YTW of 3.74% based on a bid of 25.85 and a call 2011-4-30 at 25.00. |
| POW.PR.D | PerpetualDiscount | -1.4026% | Now with a pre-tax bid-YTW of 5.23% based on a bid of 23.90 and a limitMaturity. |
| BCE.PR.G | FixFloat | -1.3583% | |
| PWF.PR.D | OpRet | -1.1295% | Now with a pre-tax bid-YTW of 4.30% based on a bid of 26.26 and a call 2008-11-30 at 25.00. |
| BAM.PR.M | PerpetualDiscount | -1.0811% | Now with a pre-tax bid-YTW of 5.43% based on a bid of 21.96 and a limitMaturity. |
| ELF.PR.G | PerpetualDiscount | +1.0069% | Now with a pre-tax bid-YTW of 5.48% based on a bid of 22.07 and a limitMaturity. |
| PWF.PR.I | PerpetualPremium | +1.2398% | Now with a pre-tax bid-YTW of 5.19% based on a bid of 26.13 and a limitMaturity. |
| BCE.PR.Z | FixFloat | +1.2603% | |
| BCE.PR.S | Ratchet | +1.6750% | |
| Volume Highlights | |||
| Issue | Index | Volume | Notes |
| CM.PR.I | PerpetualDiscount | 127,970 | Nesbitt crossed 100,000 at 23.35. Now with a pre-tax bid-YTW of 5.12% based on a bid of 23.30 and a limitMaturity. |
| BNS.PR.M | PerpetualDiscount | 56,563 | Nesbitt crossed 50,000 at 22.65. Now with a pre-tax bid-YTW of 5.07% based on a bid of 22.61 and a limitMaturity. |
| GWO.PR.H | PerpetualDiscount | 54,000 | Nesbitt crossed 49,500 at 23.76. Now with a pre-tax bid-YTW of 5.12% based on a bid of 23.75 and a limitMaturity. |
| GWO.PR.G | PerpetualPremium (for now!) | 47,241 | Scotia crossed 36,200 at 24.80. Now with a pre-tax bid-YTW of 5.28% based on a bid of 24.70 and a limitMaturity. |
| BCE.PR.I | FixFloat | 28,612 | |
There were twenty-one other $25-equivalent index-included issues trading over 10,000 shares today.