{"id":11302,"date":"2010-06-22T19:23:12","date_gmt":"2010-06-22T23:23:12","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=11302"},"modified":"2010-06-22T19:23:12","modified_gmt":"2010-06-22T23:23:12","slug":"june-22-2010","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=11302","title":{"rendered":"June 22, 2010"},"content":{"rendered":"

Nothing happened today.<\/p>\n

The Canadian preferred share market was fairly well-behaved today, with PerpetualDiscounts up 7bp to keep the streak alive (only six more trading days until month-end!) and FixedResets down 6bp. Volume was slighly above average, but there is only one entry in the performance highlights.<\/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>\n2.69 %<\/td>\n2.84 %<\/td>\n33,679<\/td>\n20.66<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,117.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n5.15 %<\/td>\n3.30 %<\/td>\n21,307<\/td>\n19.84<\/td>\n1<\/td>\n0.0474 %<\/td>\n3,106.9<\/td>\n<\/tr>\n
Floater<\/td>\n2.41 %<\/td>\n2.78 %<\/td>\n76,325<\/td>\n20.28<\/td>\n3<\/td>\n-0.0551 %<\/td>\n2,250.6<\/td>\n<\/tr>\n
OpRet<\/td>\n4.87 %<\/td>\n1.79 %<\/td>\n92,282<\/td>\n0.08<\/td>\n11<\/td>\n0.0741 %<\/td>\n2,332.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n6.31 %<\/td>\n6.26 %<\/td>\n97,080<\/td>\n3.49<\/td>\n2<\/td>\n-0.0435 %<\/td>\n2,197.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0741 %<\/td>\n2,133.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0669 %<\/td>\n1,908.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.94 %<\/td>\n6.02 %<\/td>\n197,370<\/td>\n13.86<\/td>\n77<\/td>\n0.0669 %<\/td>\n1,806.9<\/td>\n<\/tr>\n
FixedReset<\/td>\n5.41 %<\/td>\n3.99 %<\/td>\n342,951<\/td>\n3.47<\/td>\n45<\/td>\n-0.0557 %<\/td>\n2,184.4<\/td>\n<\/tr>\n<\/table>\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.E<\/td>\nPerpetual-Discount<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-06-22
\nMaturity Price : 22.32
\nEvaluated at bid price : 22.75
\nBid-YTW : 6.13 %<\/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
TD.PR.S<\/td>\nFixedReset<\/td>\n148,120<\/td>\nRBC crossed blocks of 50,000 and 10,000, both at 25.95. GMP bought blocks of 31,200 at 26.00 and 20,400 at 25.95, both from anonymous.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2013-08-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.96
\nBid-YTW : 3.98 %<\/td>\n<\/tr>\n
TD.PR.E<\/td>\nFixedReset<\/td>\n84,164<\/td>\nRBC crossed 50,000 at 27.35.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-05-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.31
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n
MFC.PR.A<\/td>\nOpRet<\/td>\n59,500<\/td>\nRBC crossed 58,200 at 25.60.
\nYTW SCENARIO
\nMaturity Type : Soft Maturity
\nMaturity Date\t: 2015-12-18
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.55
\nBid-YTW : 3.68 %<\/td>\n<\/tr>\n
CM.PR.H<\/td>\nPerpetual-Discount<\/td>\n49,078<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-06-22
\nMaturity Price : 20.28
\nEvaluated at bid price : 20.28
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
RY.PR.W<\/td>\nPerpetual-Discount<\/td>\n35,875<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-06-22
\nMaturity Price : 21.39
\nEvaluated at bid price : 21.39
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset<\/td>\n33,500<\/td>\nNesbitt bought 11,300 from Scotia at 25.50.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2015-01-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.51
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
There were 34 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Nothing happened today. The Canadian preferred share market was fairly well-behaved today, with PerpetualDiscounts up 7bp to keep the streak alive (only six more trading days until month-end!) and FixedResets down 6bp. Volume was slighly …<\/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-11302","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/11302","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=11302"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/11302\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}