Hard on the heels of my mention of foreigner bashing in BC and the interesting discussion that followed comes a Bloomberg story about Canadian mortgage fraud: Evidence of mortgage fraud amid surging home prices and …
Search Results for: performance
February 23, 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 …
February 22, 2018
A Bank of Canada Staff Working Paper by Patricia Palhau Mora titled The “Too Big to Fail” Subsidy in Canada: Some Estimates contains a warning for future changes to Canadian bank credit ratings: Despite progress …
February 21, 2018
PerpetualDiscounts now yield 5.40%, equivalent to 7.02% interest at the standard equivalency factor of 1.3x. Long corporates now yield about 3.99%, so the pre-tax interest-equivalent spread (in this context, the “Seniority Spread”) is now about …
February 20, 2018
Have no fear, Vancouver! The BC government is going to make BC great again!: Starting Wednesday, foreigners will pay the province a 20 percent tax on top of the listing value, up from 15 percent …
February 16, 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 …
February 2, 2018
Jobs, jobs, jobs! And pay, too! U.S. hiring picked up in January and wages rose at the fastest annual pace since the recession ended, as the economy’s steady move toward full employment extended into 2018. …
MAPF Portfolio Composition: January, 2018
Turnover eased to about 7% in January. There is extreme segmentation in the marketplace, with OSFI’s NVCC rule changes in February 2011 having had the effect of splitting the formerly relatively homogeneous Straight Perpetual class …
February 1, 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 …
January 31, 2018
PerpetualDiscounts now yield 5.27%, equivalent to 6.85% interest at the standard equivalency factor of 1.3x. Long corporates now yield about 3.85%, so the pre-tax interest-equivalent spread (in this context, the “Seniority Spread”) is now about …