{"id":12174,"date":"2010-09-10T23:44:03","date_gmt":"2010-09-11T03:44:03","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=12174"},"modified":"2010-09-10T23:44:03","modified_gmt":"2010-09-11T03:44:03","slug":"september-10-2010","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=12174","title":{"rendered":"September 10, 2010"},"content":{"rendered":"

The Market Update will be delayed. TMX DataLinx advises<\/a> that the “Application is currently unavailable.”<\/p>\n

While I have prices that are … pretty close … to the closing quotations, I would rather do a proper update when the exchange restarts its DataLinx product.<\/p>\n

Update, 2010-9-11, 2am, and I hope you guys appreciate this<\/b>: DataLinx came back up about an hour ago.<\/p>\n

PerpetualDiscounts continued to charge ahead on the Canadian preferred share market, gaining 35bp total return, while FixedResets slipped down by 4bp. Volume was good.<\/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>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3557 %<\/td>\n2,061.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3557 %<\/td>\n3,123.5<\/td>\n<\/tr>\n
Floater<\/td>\n2.94 %<\/td>\n3.46 %<\/td>\n63,060<\/td>\n18.53<\/td>\n3<\/td>\n0.3557 %<\/td>\n2,226.3<\/td>\n<\/tr>\n
OpRet<\/td>\n4.86 %<\/td>\n1.07 %<\/td>\n91,976<\/td>\n0.22<\/td>\n9<\/td>\n0.2437 %<\/td>\n2,371.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n5.96 %<\/td>\n-37.45 %<\/td>\n66,895<\/td>\n0.09<\/td>\n2<\/td>\n-0.0822 %<\/td>\n2,361.2<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2437 %<\/td>\n2,168.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.73 %<\/td>\n5.48 %<\/td>\n125,521<\/td>\n5.37<\/td>\n14<\/td>\n-0.2527 %<\/td>\n1,975.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.61 %<\/td>\n5.70 %<\/td>\n191,659<\/td>\n14.34<\/td>\n63<\/td>\n0.3478 %<\/td>\n1,937.9<\/td>\n<\/tr>\n
FixedReset<\/td>\n5.25 %<\/td>\n3.07 %<\/td>\n268,762<\/td>\n3.32<\/td>\n47<\/td>\n-0.0437 %<\/td>\n2,263.3<\/td>\n<\/tr>\n<\/table>\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
RY.PR.H<\/td>\nPerpetual-Premium<\/td>\n-2.95 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-09-10
\nMaturity Price : 24.81
\nEvaluated at bid price : 25.04
\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n
TD.PR.S<\/td>\nFixedReset<\/td>\n-2.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2013-08-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.67
\nBid-YTW : 2.75 %<\/td>\n<\/tr>\n
HSB.PR.C<\/td>\nPerpetual-Discount<\/td>\n-1.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-09-10
\nMaturity Price : 22.95
\nEvaluated at bid price : 23.17
\nBid-YTW : 5.60 %<\/td>\n<\/tr>\n
HSB.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-09-10
\nMaturity Price : 22.83
\nEvaluated at bid price : 23.03
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n
IAG.PR.C<\/td>\nFixedReset<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-01-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.00
\nBid-YTW : 3.59 %<\/td>\n<\/tr>\n
CM.PR.H<\/td>\nPerpetual-Discount<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-09-10
\nMaturity Price : 22.14
\nEvaluated at bid price : 22.29
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
RY.PR.W<\/td>\nPerpetual-Discount<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-09-10
\nMaturity Price : 22.92
\nEvaluated at bid price : 23.14
\nBid-YTW : 5.33 %<\/td>\n<\/tr>\n
RY.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-09-10
\nMaturity Price : 21.34
\nEvaluated at bid price : 21.34
\nBid-YTW : 5.26 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-09-10
\nMaturity Price : 22.11
\nEvaluated at bid price : 22.25
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-09-10
\nMaturity Price : 19.39
\nEvaluated at bid price : 19.39
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nPerpetual-Discount<\/td>\n2.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-09-10
\nMaturity Price : 19.60
\nEvaluated at bid price : 19.60
\nBid-YTW : 5.69 %<\/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
CM.PR.K<\/td>\nFixedReset<\/td>\n130,890<\/td>\nRBC crossed three blocks, 11,000 shares, 90,000 and 25,000, all at 27.50.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-08-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.30
\nBid-YTW : 2.99 %<\/td>\n<\/tr>\n
MFC.PR.A<\/td>\nOpRet<\/td>\n128,150<\/td>\nNesbitt crossed blocks of 23,200 and 87,900, both at 25.00.
\nYTW SCENARIO
\nMaturity Type : Soft Maturity
\nMaturity Date\t: 2015-12-18
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.96
\nBid-YTW : 4.13 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nPerpetual-Discount<\/td>\n62,408<\/td>\nNesbit bought 11,000 from RBC at 19.10 and crossed 31,500 at 19.15.
\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-09-10
\nMaturity Price : 19.15
\nEvaluated at bid price : 19.15
\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n
RY.PR.E<\/td>\nPerpetual-Discount<\/td>\n58,065<\/td>\nTD bought 11,000 from RBC at 21.20.
\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-09-10
\nMaturity Price : 21.28
\nEvaluated at bid price : 21.28
\nBid-YTW : 5.34 %<\/td>\n<\/tr>\n
CM.PR.L<\/td>\nFixedReset<\/td>\n57,283<\/td>\nDesjardins crossed 50,000 at 28.35.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-05-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 28.27
\nBid-YTW : 2.99 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nPerpetual-Discount<\/td>\n51,628<\/td>\nNesbitt crossed 39,400 at 22.65.
\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2040-09-10
\nMaturity Price : 22.46
\nEvaluated at bid price : 22.65
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
There were 39 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

The Market Update will be delayed. TMX DataLinx advises that the “Application is currently unavailable.” While I have prices that are … pretty close … to the closing quotations, I would rather do a proper …<\/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-12174","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/12174","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=12174"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/12174\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}