{"id":1260,"date":"2007-10-01T20:01:05","date_gmt":"2007-10-02T00:01:05","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=1260"},"modified":"2007-10-01T20:01:05","modified_gmt":"2007-10-02T00:01:05","slug":"october-1-2007","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=1260","title":{"rendered":"October 1, 2007"},"content":{"rendered":"

Month-end scheduling\u00a0is still a problem! I’m not going to be reporting much today, but those desperate for reading material can look at my commentary on the Blinder Op-Ed<\/a>, Changes in the HIMIPref\u2122 Indices<\/a>, MAPF Performance<\/a>, an updated commentary on the new issues<\/a> or a note on After-tax Yield Equivalency<\/a>, all of which are new since last time.<\/p>\n

And I did the tables for September 28<\/a>, too!<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n
Note that these indices are experimental; the absolute and relative daily values are expected to change in the final version. In this version, index values are based at 1,000.0 on 2006-6-30<\/strong><\/td>\n<\/tr>\n
Index<\/td>\nMean Current Yield (at bid)<\/td>\nMean YTW<\/td>\nMean Average Trading Value<\/td>\nMean Mod Dur (YTW)<\/td>\nIssues<\/td>\nDay’s Perf.<\/td>\nIndex Value<\/td>\n<\/tr>\n
Ratchet<\/td>\n4.58%<\/td>\n4.50%<\/td>\n941,599<\/td>\n16.19<\/td>\n1<\/td>\n0.0000%<\/td>\n1,065.0<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n4.93%<\/td>\n4.81%<\/td>\n103,243<\/td>\n15.77<\/td>\n7<\/td>\n-0.4829%<\/td>\n1,028.3<\/td>\n<\/tr>\n
Floater<\/td>\n4.48%<\/td>\n2.83%<\/td>\n80,906<\/td>\n10.77<\/td>\n3<\/td>\n+0.2349%<\/td>\n1,047.3<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.85%<\/td>\n4.25%<\/td>\n76,257<\/td>\n3.35<\/td>\n15<\/td>\n-0.0472%<\/td>\n1,026.8<\/td>\n<\/tr>\n
Split-Share<\/td>\n5.14%<\/td>\n4.94%<\/td>\n86,937<\/td>\n4.07<\/td>\n15<\/td>\n-0.0647%<\/td>\n1,044.9<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.35%<\/td>\n6.49%<\/td>\n55,984<\/td>\n3.64<\/td>\n3<\/td>\n+0.0517%<\/td>\n1,042.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.62%<\/td>\n5.39%<\/td>\n95,453<\/td>\n7.76<\/td>\n17<\/td>\n-0.2465%<\/td>\n1,017.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.31%<\/td>\n5.34%<\/td>\n211,209<\/td>\n14.93<\/td>\n45<\/td>\n-0.2421%<\/td>\n948.0<\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Major Price Changes<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
BAM.PR.G<\/td>\nFixFloat<\/td>\n-3.9024%<\/td>\n\u00a0<\/td>\n<\/tr>\n
CIU.PR.A<\/td>\nPerpetualDiscount<\/td>\n-2.0882%<\/td>\nNow with a pre-tax bid-YTW of 5.52% based on a bid of 21.10 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
BMO.PR.J<\/td>\nPerpetualDiscount<\/td>\n-1.9740%<\/td>\nNow with a pre-tax bid-YTW of 5.21% based on a bid of 21.85 and a limitMaturity.<\/td>\n<\/tr>\n
BNA.PR.C<\/td>\nSplitShare<\/td>\n-1.4665%<\/td>\nNow with a pre-tax bid-YTW of 6.16% based on a bid of 21.50 and a hardMaturity<\/a> 2019-1-10 at 25.00.<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nPerpetualDiscount<\/td>\n-1.4021%<\/td>\nNow with a pre-tax bid-YTW of 5.19% based on a bid of 21.80 and a limitMaturity.<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nPerpetualDiscount<\/td>\n-1.3926%<\/td>\nNow with a pre-tax bid-YTW of 5.16% based on a bid of 21.95 and a limitMaturity.<\/td>\n<\/tr>\n
RY.PR.A<\/td>\nPerpetualDiscount<\/td>\n-1.3495%<\/td>\nNow with a pre-tax bid-YTW of 5.13% based on a bid of 21.93 and a limitMaturity.<\/td>\n<\/tr>\n
PIC.PR.A<\/td>\nSplitShare<\/td>\n-1.2063%<\/td>\nNow with a pre-tax bid-YTW of 4.80% based on a bid of 15.56 and a hardMaturity 2010-11-1 at 15.00.<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nPerpetualDiscount<\/td>\n-1.1760%<\/td>\nNow with a pre-tax bid-YTW of 5.16% based on a bid of 22.69 and a limitMaturity.<\/td>\n<\/tr>\n
NA.PR.K<\/td>\nPerpetualPremium<\/td>\n-1.1462%<\/td>\nNow with a pre-tax bid-YTW of 5.94% based on a bid of 25.01 and a limitMaturity.<\/td>\n<\/tr>\n
CM.PR.G<\/td>\nPerpetualPremium<\/td>\n+<\/strong>1.2000%<\/td>\nNow with a pre-tax bid-YTW of 5.15% based on a bid of 25.30 and a call 2014-5-31 at 25.00.<\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n
Volume Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nVolume<\/td>\nNotes<\/td>\n<\/tr>\n
BMO.PR.J<\/td>\nPerpetualDiscount<\/td>\n42,400<\/td>\nNow with a pre-tax bid-YTW of 5.21% based on a bid of 21.85 and a limitMaturity.<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nPerpetualDiscount<\/td>\n32,465<\/td>\nNesbitt crossed 20,000 at 22.65. Now with a pre-tax bid-YTW of 5.16% based on a bid of 22.69 and a limitMaturity.<\/td>\n<\/tr>\n
BNS.PR.M<\/td>\nPerpetualDiscount<\/td>\n30,395<\/td>\nNow with a pre-tax bid-YTW of 5.18% based on a bid of 21.66 and a limitMaturity.<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nPerpetualDiscount<\/td>\n27,478<\/td>\nNesbitt crossed 20,000 at 22.10. Now with a pre-tax bid-YTW of 5.19% based on a bid of 21.80 and a limitMaturity.<\/td>\n<\/tr>\n
BNS.PR.L<\/td>\nPerpetualDiscount<\/td>\n19,050<\/td>\nNow with a pre-tax bid-YTW of 5.18% based on a bid of 21.67 and a limitMaturity.<\/td>\n<\/tr>\n<\/table>\n<\/div>\n

There were nine other index-included $25.00-equivalent issues trading over 10,000 shares today.\n<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Month-end scheduling\u00a0is still a problem! I’m not going to be reporting much today, but those desperate for reading material can look at my commentary on the Blinder Op-Ed, Changes in the HIMIPref\u2122 Indices, MAPF Performance, …<\/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-1260","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1260","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=1260"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1260\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}