{"id":10376,"date":"2010-04-06T21:59:00","date_gmt":"2010-04-07T01:59:00","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=10376"},"modified":"2010-04-06T21:59:00","modified_gmt":"2010-04-07T01:59:00","slug":"april-6-2010","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=10376","title":{"rendered":"April 6, 2010"},"content":{"rendered":"

With help from the clerk of the committee, I can now post a link to The Standing Committee on Government Agencies Report on the OSC<\/a>.<\/p>\n

Preferred shares took a massive whacking today on very high volume. PerpetualDiscounts lost 126bp, while FixedResets were down 43bp – about what one might expect, given the respective Modified Durations. FixedResets again scored a shut-out on the volume highlights table.<\/p>\n

That’s the worst day in over a year for PerpetualDiscounts. There were two worse days in 2009, March 5 and March 9. There were 17 worse days in 2008, eight of them in November.<\/p>\n

The bright side of this is that I anticipate increased opportunities for heavy relative-values trading. My reports of candidate trades are getting lengthier…<\/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>\n2.56 %<\/td>\n2.62 %<\/td>\n56,260<\/td>\n20.96<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,157.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n4.91 %<\/td>\n3.03 %<\/td>\n50,268<\/td>\n20.13<\/td>\n1<\/td>\n-0.5830 %<\/td>\n3,223.1<\/td>\n<\/tr>\n
Floater<\/td>\n1.90 %<\/td>\n1.66 %<\/td>\n46,440<\/td>\n23.43<\/td>\n4<\/td>\n0.0000 %<\/td>\n2,422.6<\/td>\n<\/tr>\n
OpRet<\/td>\n4.88 %<\/td>\n3.67 %<\/td>\n108,295<\/td>\n1.12<\/td>\n10<\/td>\n-0.0150 %<\/td>\n2,310.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n6.37 %<\/td>\n-0.57 %<\/td>\n137,129<\/td>\n0.08<\/td>\n2<\/td>\n0.0879 %<\/td>\n2,144.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0150 %<\/td>\n2,112.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.79 %<\/td>\n3.12 %<\/td>\n33,691<\/td>\n0.64<\/td>\n2<\/td>\n-0.8158 %<\/td>\n1,847.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.25 %<\/td>\n6.29 %<\/td>\n187,978<\/td>\n13.49<\/td>\n76<\/td>\n-1.2576 %<\/td>\n1,701.3<\/td>\n<\/tr>\n
FixedReset<\/td>\n5.42 %<\/td>\n3.69 %<\/td>\n408,963<\/td>\n3.68<\/td>\n43<\/td>\n-0.4343 %<\/td>\n2,185.7<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\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
CL.PR.B<\/td>\nPerpetual-Discount<\/td>\n-3.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 23.66
\nEvaluated at bid price : 23.94
\nBid-YTW : 6.57 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nPerpetual-Discount<\/td>\n-2.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 17.28
\nEvaluated at bid price : 17.28
\nBid-YTW : 6.50 %<\/td>\n<\/tr>\n
BNS.PR.K<\/td>\nPerpetual-Discount<\/td>\n-2.78 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 19.24
\nEvaluated at bid price : 19.24
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
NA.PR.L<\/td>\nPerpetual-Discount<\/td>\n-2.75 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 19.45
\nEvaluated at bid price : 19.45
\nBid-YTW : 6.35 %<\/td>\n<\/tr>\n
ELF.PR.G<\/td>\nPerpetual-Discount<\/td>\n-2.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 17.10
\nEvaluated at bid price : 17.10
\nBid-YTW : 6.99 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n-2.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 21.51
\nEvaluated at bid price : 21.51
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n
RY.PR.C<\/td>\nPerpetual-Discount<\/td>\n-2.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 18.62
\nEvaluated at bid price : 18.62
\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n
RY.PR.G<\/td>\nPerpetual-Discount<\/td>\n-2.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 18.46
\nEvaluated at bid price : 18.46
\nBid-YTW : 6.19 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset<\/td>\n-2.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 22.99
\nEvaluated at bid price : 24.70
\nBid-YTW : 5.21 %<\/td>\n<\/tr>\n
SLF.PR.A<\/td>\nPerpetual-Discount<\/td>\n-2.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 18.53
\nEvaluated at bid price : 18.53
\nBid-YTW : 6.47 %<\/td>\n<\/tr>\n
PWF.PR.I<\/td>\nPerpetual-Discount<\/td>\n-2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 23.48
\nEvaluated at bid price : 23.78
\nBid-YTW : 6.43 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n-2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 20.62
\nEvaluated at bid price : 20.62
\nBid-YTW : 6.51 %<\/td>\n<\/tr>\n
RY.PR.E<\/td>\nPerpetual-Discount<\/td>\n-2.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 18.46
\nEvaluated at bid price : 18.46
\nBid-YTW : 6.19 %<\/td>\n<\/tr>\n
RY.PR.W<\/td>\nPerpetual-Discount<\/td>\n-2.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 20.43
\nEvaluated at bid price : 20.43
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
BMO.PR.J<\/td>\nPerpetual-Discount<\/td>\n-2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 18.72
\nEvaluated at bid price : 18.72
\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nPerpetual-Discount<\/td>\n-2.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 17.51
\nEvaluated at bid price : 17.51
\nBid-YTW : 6.48 %<\/td>\n<\/tr>\n
RY.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 18.50
\nEvaluated at bid price : 18.50
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 17.30
\nEvaluated at bid price : 17.30
\nBid-YTW : 6.49 %<\/td>\n<\/tr>\n
BNS.PR.M<\/td>\nPerpetual-Discount<\/td>\n-1.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 18.35
\nEvaluated at bid price : 18.35
\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n
RY.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 18.35
\nEvaluated at bid price : 18.35
\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n
MFC.PR.E<\/td>\nFixedReset<\/td>\n-1.86 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-10-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.45
\nBid-YTW : 4.29 %<\/td>\n<\/tr>\n
BMO.PR.H<\/td>\nPerpetual-Discount<\/td>\n-1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 21.80
\nEvaluated at bid price : 21.80
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
SLF.PR.B<\/td>\nPerpetual-Discount<\/td>\n-1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 18.73
\nEvaluated at bid price : 18.73
\nBid-YTW : 6.47 %<\/td>\n<\/tr>\n
BNS.PR.L<\/td>\nPerpetual-Discount<\/td>\n-1.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 18.26
\nEvaluated at bid price : 18.26
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nPerpetual-Discount<\/td>\n-1.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 17.72
\nEvaluated at bid price : 17.72
\nBid-YTW : 6.42 %<\/td>\n<\/tr>\n
CM.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 22.42
\nEvaluated at bid price : 22.71
\nBid-YTW : 6.33 %<\/td>\n<\/tr>\n
NA.PR.M<\/td>\nPerpetual-Premium<\/td>\n-1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 24.33
\nEvaluated at bid price : 24.55
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
RY.PR.B<\/td>\nPerpetual-Discount<\/td>\n-1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 6.22 %<\/td>\n<\/tr>\n
BNS.PR.O<\/td>\nPerpetual-Discount<\/td>\n-1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 22.56
\nEvaluated at bid price : 22.70
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nPerpetual-Discount<\/td>\n-1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 23.51
\nEvaluated at bid price : 23.70
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n
BMO.PR.P<\/td>\nFixedReset<\/td>\n-1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2015-03-27
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.69
\nBid-YTW : 4.04 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n-1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 20.20
\nEvaluated at bid price : 20.20
\nBid-YTW : 6.45 %<\/td>\n<\/tr>\n
PWF.PR.O<\/td>\nPerpetual-Discount<\/td>\n-1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 22.71
\nEvaluated at bid price : 22.84
\nBid-YTW : 6.48 %<\/td>\n<\/tr>\n
CIU.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 18.98
\nEvaluated at bid price : 18.98
\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n
CM.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 17.88
\nEvaluated at bid price : 17.88
\nBid-YTW : 6.31 %<\/td>\n<\/tr>\n
POW.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 21.44
\nEvaluated at bid price : 21.70
\nBid-YTW : 6.48 %<\/td>\n<\/tr>\n
ENB.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 23.74
\nEvaluated at bid price : 24.05
\nBid-YTW : 5.78 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 19.32
\nEvaluated at bid price : 19.32
\nBid-YTW : 6.51 %<\/td>\n<\/tr>\n
CM.PR.H<\/td>\nPerpetual-Discount<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 18.86
\nEvaluated at bid price : 18.86
\nBid-YTW : 6.38 %<\/td>\n<\/tr>\n
PWF.PR.G<\/td>\nPerpetual-Discount<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 23.18
\nEvaluated at bid price : 23.44
\nBid-YTW : 6.42 %<\/td>\n<\/tr>\n
ELF.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 7.02 %<\/td>\n<\/tr>\n
NA.PR.K<\/td>\nPerpetual-Discount<\/td>\n-1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 23.45
\nEvaluated at bid price : 23.75
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
POW.PR.C<\/td>\nPerpetual-Discount<\/td>\n-1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 22.28
\nEvaluated at bid price : 22.56
\nBid-YTW : 6.45 %<\/td>\n<\/tr>\n
TCA.PR.Y<\/td>\nPerpetual-Discount<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 45.43
\nEvaluated at bid price : 47.40
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 19.70
\nEvaluated at bid price : 19.70
\nBid-YTW : 6.42 %<\/td>\n<\/tr>\n
TD.PR.Q<\/td>\nPerpetual-Discount<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 22.55
\nEvaluated at bid price : 22.69
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
RY.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 18.45
\nEvaluated at bid price : 18.45
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nPerpetual-Discount<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 19.40
\nEvaluated at bid price : 19.40
\nBid-YTW : 6.31 %<\/td>\n<\/tr>\n
IAG.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 23.46
\nEvaluated at bid price : 23.62
\nBid-YTW : 6.34 %<\/td>\n<\/tr>\n
TD.PR.P<\/td>\nPerpetual-Discount<\/td>\n-1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 21.42
\nEvaluated at bid price : 21.42
\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n
PWF.PR.H<\/td>\nPerpetual-Discount<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 22.72
\nEvaluated at bid price : 23.00
\nBid-YTW : 6.37 %<\/td>\n<\/tr>\n
CM.PR.E<\/td>\nPerpetual-Discount<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 21.89
\nEvaluated at bid price : 22.15
\nBid-YTW : 6.33 %<\/td>\n<\/tr>\n
BNS.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 21.36
\nEvaluated at bid price : 21.36
\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n
IAG.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-06
\nMaturity Price : 18.55
\nEvaluated at bid price : 18.55
\nBid-YTW : 6.25 %<\/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
MFC.PR.E<\/td>\nFixedReset<\/td>\n184,281<\/td>\nTD crossed 81,700 at 26.97. RBC crossed two blocks of 18,500 each at 26.92 and one of 26,600 at the same price.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-10-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.45
\nBid-YTW : 4.29 %<\/td>\n<\/tr>\n
RY.PR.R<\/td>\nFixedReset<\/td>\n97,185<\/td>\nDIBC bought 12,000 from anonymous at 27.85, then blocks of 14,900 and 16,600 from Nesbitt at the same price.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-03-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.78
\nBid-YTW : 3.51 %<\/td>\n<\/tr>\n
RY.PR.P<\/td>\nFixedReset<\/td>\n85,950<\/td>\nRBC bought 24,500 from anonymous at 27.60, then crossed 40,000 at the same price.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-03-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.60
\nBid-YTW : 3.68 %<\/td>\n<\/tr>\n
BMO.PR.O<\/td>\nFixedReset<\/td>\n82,815<\/td>\nNesbitt crossed 40,000 at 28.40; National bought 11,000 from Desjardins at 28.39.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-06-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 28.36
\nBid-YTW : 3.33 %<\/td>\n<\/tr>\n
HSB.PR.E<\/td>\nFixedReset<\/td>\n75,848<\/td>\nRBC bought 14,300 from Scotia at 28.00; RBC crossed 35,000 at 28.00.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-07-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.97
\nBid-YTW : 3.71 %<\/td>\n<\/tr>\n
RY.PR.Y<\/td>\nFixedReset<\/td>\n69,689<\/td>\nNational crossed 15,000 at 28.03, then bought 11,700 from anonymous at 27.90.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-12-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.81
\nBid-YTW : 3.71 %<\/td>\n<\/tr>\n
There were 77 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

With help from the clerk of the committee, I can now post a link to The Standing Committee on Government Agencies Report on the OSC. Preferred shares took a massive whacking today on very high …<\/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-10376","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/10376","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=10376"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/10376\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}