{"id":10431,"date":"2010-04-12T20:48:43","date_gmt":"2010-04-13T00:48:43","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=10431"},"modified":"2010-04-12T20:48:43","modified_gmt":"2010-04-13T00:48:43","slug":"april-12-2010","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=10431","title":{"rendered":"April 12, 2010"},"content":{"rendered":"

Greece is getting a bail-out<\/a>:<\/p>\n

Forced into action by a surge in Greek borrowing costs to an 11-year high, finance ministers from the 16 euro countries said they and the International Monetary Fund would offer the loans at non-subsidized interest rates in case Greece runs out of money-raising options. European Union Economic and Monetary Affairs Commissioner Olli Rehn said that the rate on the loans could be around 5 percent.<\/p><\/blockquote>\n

There’s no word regarding the attached strings.<\/p>\n

PerpetualDiscounts continued their recovery today, gaining 38bp on continued heavy volume, while FixedResets were basically unchanged, gaining 1bp.<\/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>\n2.60 %<\/td>\n2.69 %<\/td>\n54,786<\/td>\n20.89<\/td>\n1<\/td>\n-0.8676 %<\/td>\n2,128.7<\/td>\n<\/tr>\n
FixedFloater<\/td>\n4.90 %<\/td>\n3.02 %<\/td>\n47,787<\/td>\n20.12<\/td>\n1<\/td>\n-0.2247 %<\/td>\n3,227.5<\/td>\n<\/tr>\n
Floater<\/td>\n1.91 %<\/td>\n1.67 %<\/td>\n42,337<\/td>\n23.41<\/td>\n4<\/td>\n-0.0242 %<\/td>\n2,418.2<\/td>\n<\/tr>\n
OpRet<\/td>\n4.88 %<\/td>\n3.55 %<\/td>\n105,244<\/td>\n1.10<\/td>\n10<\/td>\n0.0000 %<\/td>\n2,314.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n6.35 %<\/td>\n-3.32 %<\/td>\n133,872<\/td>\n0.08<\/td>\n2<\/td>\n0.1315 %<\/td>\n2,150.7<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0000 %<\/td>\n2,116.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.84 %<\/td>\n3.85 %<\/td>\n33,374<\/td>\n0.62<\/td>\n2<\/td>\n0.6517 %<\/td>\n1,845.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.16 %<\/td>\n6.19 %<\/td>\n196,893<\/td>\n13.66<\/td>\n76<\/td>\n0.3795 %<\/td>\n1,728.5<\/td>\n<\/tr>\n
FixedReset<\/td>\n5.42 %<\/td>\n3.87 %<\/td>\n481,188<\/td>\n3.66<\/td>\n44<\/td>\n0.0052 %<\/td>\n2,174.5<\/td>\n<\/tr>\n<\/table>\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
CU.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-12
\nMaturity Price : 23.84
\nEvaluated at bid price : 24.15
\nBid-YTW : 6.08 %<\/td>\n<\/tr>\n
CM.PR.I<\/td>\nPerpetual-Discount<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-12
\nMaturity Price : 19.10
\nEvaluated at bid price : 19.10
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
BNS.PR.K<\/td>\nPerpetual-Discount<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-12
\nMaturity Price : 19.95
\nEvaluated at bid price : 19.95
\nBid-YTW : 6.04 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2015-01-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.71
\nBid-YTW : 4.00 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nPerpetual-Discount<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-12
\nMaturity Price : 23.80
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
SLF.PR.A<\/td>\nPerpetual-Discount<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-12
\nMaturity Price : 19.15
\nEvaluated at bid price : 19.15
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
CM.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-12
\nMaturity Price : 22.84
\nEvaluated at bid price : 23.13
\nBid-YTW : 6.23 %<\/td>\n<\/tr>\n
BMO.PR.L<\/td>\nPerpetual-Discount<\/td>\n1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-12
\nMaturity Price : 24.14
\nEvaluated at bid price : 24.35
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-12
\nMaturity Price : 21.09
\nEvaluated at bid price : 21.09
\nBid-YTW : 6.23 %<\/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
BNS.PR.Y<\/td>\nFixedReset<\/td>\n461,960<\/td>\nNew issue settled today<\/a>.
\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-04-12
\nMaturity Price : 24.37
\nEvaluated at bid price : 24.42
\nBid-YTW : 3.94 %<\/td>\n<\/tr>\n
TD.PR.E<\/td>\nFixedReset<\/td>\n74,430<\/td>\nRBC crossed 60,000 at 27.40.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-05-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.40
\nBid-YTW : 3.72 %<\/td>\n<\/tr>\n
TD.PR.S<\/td>\nFixedReset<\/td>\n65,920<\/td>\nTD bought 20,000 from anonymous at 25.72. National bought 11,000 from Desjardins at 25.70 and 11,200 from RBC at 25.71.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2013-08-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.60
\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n
RY.PR.T<\/td>\nFixedReset<\/td>\n65,875<\/td>\nNational crossed blocks of 30,000 and 10,000 at 27.95.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-09-23
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.90
\nBid-YTW : 3.67 %<\/td>\n<\/tr>\n
TD.PR.N<\/td>\nOpRet<\/td>\n62,600<\/td>\nRBC crossed 50,000 at 25.78; National crossed 11,000 at 25.74.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2011-05-30
\nMaturity Price : 25.50
\nEvaluated at bid price : 25.72
\nBid-YTW : 3.55 %<\/td>\n<\/tr>\n
RY.PR.X<\/td>\nFixedReset<\/td>\n52,551<\/td>\nNational crossed blocks of 30,000 and 10,000 at 27.85.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-09-23
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.81
\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n
There were 54 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Greece is getting a bail-out: Forced into action by a surge in Greek borrowing costs to an 11-year high, finance ministers from the 16 euro countries said they and the International Monetary Fund would offer …<\/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-10431","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/10431","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=10431"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/10431\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}