BCE issues were very disappointed to learn that Telus doesn’t want BCE and lost back much of their recent gains. Predict this, predict that, no information … what a life, eh? I’ll stick to analyzing cash-flows.
| 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 | 5.68% | 5.80% | 28,411 | 14.38 | 2 | -0.1100% | 958.9 |
| Fixed-Floater | 5.50% | 5.74% | 140,272 | 14.48 | 7 | -1.7177% | 915.4 |
| Floater | 4.83% | 1.82% | 88,177 | 5.84 | 3 | +0.0269% | 1,048.7 |
| Op. Retract | 4.83% | 3.92% | 86,021 | 3.05 | 17 | -0.0033% | 1,020.2 |
| Split-Share | 5.03% | 4.60% | 156,131 | 4.04 | 15 | -0.0881% | 1,042.8 |
| Interest Bearing | 6.76% | 7.08% | 86,386 | 6.33 | 4 | +0.6535% | 1,029.2 |
| Perpetual-Premium | 5.42% | 5.18% | 150,239 | 8.35 | 34 | +0.0182% | 1,018.6 |
| Perpetual-Discount | 5.07% | 5.11% | 501,898 | 15.30 | 29 | -0.0697% | 963.9 |
| Major Price Changes | |||
| Issue | Index | Change | Notes |
| BCE.PR.R | FixFloat | -5.3555% | |
| BCE.PR.C | FixFloat | -2.3504% | |
| BCE.PR.A | FixFloat | -1.8065% | |
| CM.PR.J | PerpetualDiscount | -1.7301% | Now with a pre-tax bid-YTW of 5.16% based on a bid of 21.80 and a limitMaturity. |
| LFE.PR.A | SplitShare | -1.4205% | Now with a pre-tax bid-YTW of 4.49% based on a bid of 10.41 and a hardMaturity 2012-12-1 at 10.00 |
| RY.PR.A | PerpetualDiscount | -1.4141% | Now with a pre-tax bid-YTW of 5.04% based on a bid of 22.31 and a limitMaturity. |
| BCE.PR.G | FixFloat | -1.2230% | |
| BSD.PR.A | InterestBearing | +1.0638% | Now with a pre-tax bid-YTW of 6.93% (as interest) based on a bid of 9.50 and a hardMaturity 2010-5-1 at 10.00 |
| FIG.PR.A | InterestBearing | +1.8908% | Now with a pre-tax bid-YTW of 6.80% (as interest) based on a bid of 9.70 and a hardMaturity 2014-12-31 at 10.00 |
| Volume Highlights | |||
| Issue | Index | Volume | Notes |
| CM.PR.A | OpRet | 503,325 | Haven’t seen one of these for a while! Global crossed 249,300 for cash at 26.06, then crossed 249,300 for regular settlement at 25.72. Went ex-dividend today for 0.33125. Now with a pre-tax bid-YTW of 4.66% based on a bid of 25.51 and a softMaturity 2011-7-30 at 25.00. |
| BPO.PR.F | Scraps (would be OpRet, but there are credit concerns) | 103,846 | Desjardins crossed 100,000 at 25.75. //Now with a pre-tax bid-YTW of 5.52% based on a bid of 25.62 and a softMaturity 2013-3-30 at 25.00. |
| GWO.PR.G | PerpetualPremium (for now!) | 56,135 | RBC crossed 50,000 at 24.70. Now with a pre-tax bid-YTW of 5.30% based on a bid of 24.60 and a limitMaturity. |
| BCE.PR.C | FixFloat | 31,705 | |
| RY.PR.G | PerpetualDiscount | 25,500 | Now with a pre-tax bid-YTW of 5.08% based on a bid of 22.50 and a limitMaturity. |
| SLF.PR.E | PerpetualDiscount | 23,900 | Now with a pre-tax bid-YTW of 5.07% based on a bid of 22.30 and a limitMaturity |
There were thirteen other $25-equivalent index-included issues trading over 10,000 shares today.
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