The Bank of Canada rate cut is making a difference where it counts: Bank of Montreal has renewed the mortgage war among Canada’s banks, slashing the posted rate on its five-year fixed mortgage to 2.79 …
Search Results for: performance
March 16, 2015
Nothing happened today. The Canadian preferred share market was on fire today, with PerpetualDiscounts winning 88bp, FixedResets up 28bp and DeemedRetractibles gaining 15bp. There’s a good list of winners in the Performance Highlights table. Volume …
FTN.PR.A: Annual Report 2014
Financial 15 Split Inc. has released its Annual Report to November 30, 2014. FTN / FTN.PR.A Performance Instrument OneYear ThreeYears FiveYears TenYears Whole Unit +16.59% +21.49% +10.66% +4.30% FTN.PR.A +5.38% +5.38% +5.38% +5.37% FTN +33.94% …
March 13, 2015
Jobs, jobs, … oopsy!: Canadian employment was little changed in February and the unemployment rate jumped to a five-month high as an oil shock ripples through the economy. Nationwide employment fell by 1,000 positions, and …
March 12, 2015
There’s an interesting piece on Bloomberg about a guy who exploits death-spiral financing: What Sason discovered is a way to get shares in desperate and broke companies at big discounts by lending them money. Magna …
BSD.PR.A: Critchley Cites PrefBlog in Financial Post
As kindly pointed out by Assiduous Reader adriandunn in the comments to the post BSD.PR.A Term Extension Proposal: More Sleaze From Company, Barry Critchley has cited PrefBlog in his Financial Post piece PrefBlog doesn’t like …
March 11, 2015
Matthew Katke has pleaded guilty to being a bond trader: A former Nomura Holdings Inc. and Royal Bank of Scotland Group Plc trader pleaded guilty in a securities-fraud case and agreed to cooperate with U.S. …
March 10, 2015
The feds’ buddies at the IMF have proposed a new Canadian civil service expansion plan: Two key steps are worth considering. First, providing a mandate for macroprudential oversight of the financial system as a whole …
March 9, 2015
There’s a bit more colour about the effect of the US jobs number, discussed March 6 on the treasury long bond: Since hitting an all-time low of 2.22 percent on Jan. 30, Treasury 30-year bond …
March 6, 2015
Jobs, jobs, jobs! The U.S. job-creation machine kept exceeding expectations in February. Wages continued to disappoint. Employers added 295,000 workers to payrolls last month, more than forecast, and the unemployment rate dropped to 5.5 percent, …