DBRS has released a commentary titled Sovereign Ratings Provide a Benchmark for other DBRS Credit Ratings: Sovereign credit ratings serve as a general benchmark for all other DBRS credit ratings. DBRS uses a case-by-case approach …
Search Results for: performance
March 1, 2011
The Federal Reserve Bank of New York has released a Staff Report by Olivier Armantier, Eric Ghysels, Asani Sarkar, and Jeffrey Shrader titled Stigma in Financial Markets: Evidence from Liquidity Auctions and Discount Window Borrowing …
February 28, 2011
No commentary today! Too much going on! A mixed day for the Canadian preferred share market, with PerpetualDiscounts gaining 6bp, FixedResets up 15bp and DeemedRetractibes taking a 15bp loss. Volume was very heavy. HIMIPref™ Preferred …
ASC.PR.A Rigamarole Extraordinarily Abusive
Assiduous Reader Cal alerted me in the comments to the prior post on the ASC term extension proposal that the company, AIC Global Financial Split Corp., which is now flying the banner of Manulife Investments …
February 25, 2011
The details remain obscure, but the joke of the day is that BoA will have to pay government agencies a chunk of money for not foreclosing fast enough: Bank of America’s agreements with Fannie Mae …
February 24, 2011
No commentary today! Sorry! It was quite the day for FixedResets on the Canadian preferred share market, as the issuer bid for NA.PR.N, NA.PR.O and NA.PR.P seems to have ignited some speculative buying. PerpetualDiscounts gained …
February 23, 2011
The Bank for International Settlements has released a working paper by Paolo Angelini, Laurent Clerc, Vasco Cúrdia, Leonardo Gambacorta, Andrea Gerali, Alberto Locarno, Roberto Motto, Werner Roeger, Skander Van den Heuvel and Jan Vlček titled …
February 22, 2011
The Bank of Canada has released a working paper by Katya Kartashova titled The Private Equity Premium Puzzle Revisited: In this paper, I extend the results of Moskowitz and Vissing-Jørgensen (2002) on the returns to …
ASC.PR.A Directors Recommend Term Extension
Manulife Asset Management Limited has announced: that the Corporation’s board of directors has reviewed the terms of a proposed extension of the termination date of the Class A Shares and Preferred Shares of the Corporation …
February 18, 2011
No commentary today because … er … because … um … because it’s a full moon! That’s it, full moon tonight, therefore no commentary. A good day on the Canadian preferred share market, with PerpetualDiscounts …