Turnover declined slightly to about 7% in November. 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 …
Search Results for: performance
December 1, 2017
Well, the hardworking folks at FAIR Canada have finally released (some time after November 11, when I sent my still-unanswered eMail of inquiry) their Financial Statements for the Year Ended 2017-6-30 and they’re most interesting. …
November 30, 2017
That’s it for another month! Not a bad one at all, TXPR up 70bp. HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at …
BBD: DBRS Upgrades Trend to Stable
DBRS has announced (on 2017-11-27) that it: confirmed the Issuer Rating of Bombardier Inc. (Bombardier or the Company) at B and has changed the trend to Stable from Negative. This action reflects some evidence of …
November 29, 2017
PerpetualDiscounts now yield 5.23%, equivalent to 6.80% interest at the standard equivalency factor of 1.3x. Long corporates now yield a little under 3.75%, so the pre-tax interest-equivalent spread (in this context, the “Seniority Spread”) is …
November 28, 2017
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 …
November 27, 2017
Publication of the November 27 preferred share report has been delayed. I intend to post it shortly before publication of the November 28 report. Update, 2017-11-29, finally: HIMIPref™ Preferred IndicesThese values reflect the December 2008 …
November 24, 2017
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 …
November 23, 2017
Chris Bourke of Bloomberg wrote a piece about Australia’s housing market that interested me because of Canada’s presence in the charts: Click for Big That represents the failure of Canada’s housing policy since 2006 – …
November 22, 2017
PerpetualDiscounts now yield 5.23%, equivalent to 6.80% interest at the standard equivalency factor of 1.3x. Long corporates now yield about 3.80%, so the pre-tax, interest-equivalent spread (in this context, the “Seniority Spread”) is now about …