Search Results for: performance

Market Action

March 15, 2018

HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 …

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Market Action

March 14, 2018

PerpetualDiscounts now yield 5.42%, equivalent to 7.05% interest at the standard equivalency factor of 1.3x. Long corporates now yield about 3.90%, so the pre-tax interest-equivalent spread (in this context, the “Seniority Spread”) is now about …

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Market Action

March 13

Today’s gloom comes to us courtesy of Moody’s: Canada’s mountain of consumer debt is triggering multiple alarms about the threat to the country’s banks. Moody’s Investors Service joined the Bank for International Settlements and S&P …

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Market Action

March 5, 2018

Canadian consumer confidence took a hit: Economic sentiment cooled for a second straight month in February, according to polling by Nanos Research Group for Bloomberg News, with Canadians increasingly concerned about the sustainability of the …

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Issue Comments

LCS.PR.A To Be Extended

Brompton Group has announced: Brompton Lifeco Split Corp. (the “Company”) is pleased to announce that the board of directors has approved an extension of the maturity date of the Class A and Preferred shares of …

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Market Action

March 2, 2018

More trade-war chatter: World Trade Organization Director General Roberto Azevedo expressed concern at U.S. President Donald Trump’s plan for tariffs on steel and aluminum on Friday, an extremely rare intervention into a WTO member’s trade …

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Market Action

March 1, 2018

Let’s have a trade war! Canada is vowing to retaliate if U.S. President Donald Trump makes good on his pledge to impose steep tariffs on steel and aluminum producers — while holding out hope that …

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Market Action

February 28, 2018

PerpetualDiscounts now yield 5.43%, equivalent to 7.06% interest at the standard equivalency factor of 1.3x. Long corporates now yield a little over 3.90%, so the pre-tax interest-equivalent spread (in this context, the “Seniority Spread”) is …

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Market Action

February 27, 2018

The federal budget came out today: One major change is C$7.2 billion ($5.7 billion) less infrastructure spending through 2019, an amount that has been allocated to other departmental spending.…On a cumulative basis, including risk buffers …

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