{"id":10073,"date":"2010-03-11T20:36:00","date_gmt":"2010-03-12T00:36:00","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=10073"},"modified":"2010-03-11T20:36:00","modified_gmt":"2010-03-12T00:36:00","slug":"march-11-2010","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=10073","title":{"rendered":"March 11, 2010"},"content":{"rendered":"

Nothing happened again today.<\/p>\n

Volume was good in the Canadian preferred share market today, and so was the direction, with PerpetualDiscounts gaining 9bp and FixedResets gaining 7bp, with yields on the latter edging closer to the magic 3.50% level.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices<\/strong>
Values are provisional and are finalized monthly<\/td>\n<\/tr>\n
Index<\/td>\nMean
Current
Yield
(at bid)<\/td>\n		Median
YTW<\/td>\n		Median
Average
Trading
Value<\/td>\n		Median
Mod Dur
(YTW)<\/td>\n		Issues<\/td>\nDay’s Perf.<\/td>\nIndex Value<\/td>\n<\/tr>\n
Ratchet<\/td>\n2.64 %<\/td>\n2.68 %<\/td>\n48,815<\/td>\n20.74<\/td>\n1<\/td>\n-0.5574 %<\/td>\n2,094.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n5.15 %<\/td>\n3.27 %<\/td>\n42,445<\/td>\n19.86<\/td>\n1<\/td>\n-1.1710 %<\/td>\n3,067.6<\/td>\n<\/tr>\n
Floater<\/td>\n1.93 %<\/td>\n1.72 %<\/td>\n43,803<\/td>\n23.26<\/td>\n4<\/td>\n-0.6352 %<\/td>\n2,388.4<\/td>\n<\/tr>\n
OpRet<\/td>\n4.89 %<\/td>\n1.75 %<\/td>\n106,689<\/td>\n0.22<\/td>\n13<\/td>\n0.1436 %<\/td>\n2,311.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n6.38 %<\/td>\n6.26 %<\/td>\n125,620<\/td>\n3.71<\/td>\n2<\/td>\n-0.0660 %<\/td>\n2,137.5<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1436 %<\/td>\n2,113.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.89 %<\/td>\n5.91 %<\/td>\n125,858<\/td>\n5.85<\/td>\n7<\/td>\n0.0000 %<\/td>\n1,888.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.89 %<\/td>\n5.94 %<\/td>\n174,191<\/td>\n13.99<\/td>\n71<\/td>\n0.0858 %<\/td>\n1,793.0<\/td>\n<\/tr>\n
FixedReset<\/td>\n5.37 %<\/td>\n3.51 %<\/td>\n327,327<\/td>\n3.71<\/td>\n43<\/td>\n0.0749 %<\/td>\n2,197.2<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n-3.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-03-11
\nMaturity Price : 22.29
\nEvaluated at bid price : 22.56
\nBid-YTW : 1.72 %<\/td>\n<\/tr>\n
BAM.PR.G<\/td>\nFixedFloater<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-03-11
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.10
\nBid-YTW : 3.27 %<\/td>\n<\/tr>\n
TD.PR.O<\/td>\nPerpetual-Discount<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-03-11
\nMaturity Price : 21.92
\nEvaluated at bid price : 22.04
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n
BAM.PR.J<\/td>\nOpRet<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Soft Maturity
\nMaturity Date\t: 2018-03-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.86
\nBid-YTW : 4.86 %<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
Volume Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nShares
Traded<\/td>\n		Notes<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset<\/td>\n437,233<\/td>\nNew issue settled today<\/a>.
\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-03-11
\nMaturity Price : 24.83
\nEvaluated at bid price : 24.88
\nBid-YTW : 3.88 %<\/td>\n<\/tr>\n
BNS.PR.L<\/td>\nPerpetual-Discount<\/td>\n128,328<\/td>\nNesbitt crossed 100,000 at 19.95.
\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-03-11
\nMaturity Price : 19.95
\nEvaluated at bid price : 19.95
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n
W.PR.H<\/td>\nPerpetual-Discount<\/td>\n67,175<\/td>\nRBC crossed 39,400 at 22.75; RBC crossed 20,000 at the same price.
\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-03-11
\nMaturity Price : 22.31
\nEvaluated at bid price : 22.79
\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nPerpetual-Discount<\/td>\n52,250<\/td>\nDesjardins crossed 50,000 at 18.92.
\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-03-11
\nMaturity Price : 18.92
\nEvaluated at bid price : 18.92
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
RY.PR.L<\/td>\nFixedReset<\/td>\n41,011<\/td>\nDesjardins crossed 32,100 at 26.90.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-03-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.87
\nBid-YTW : 3.66 %<\/td>\n<\/tr>\n
BMO.PR.P<\/td>\nFixedReset<\/td>\n40,016<\/td>\nNational crossed 25,000 at 27.06.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2015-03-27
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.07
\nBid-YTW : 3.64 %<\/td>\n<\/tr>\n
There were 48 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Nothing happened again today. Volume was good in the Canadian preferred share market today, and so was the direction, with PerpetualDiscounts gaining 9bp and FixedResets gaining 7bp, with yields on the latter edging closer to …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-10073","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/10073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10073"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/10073\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}