{"id":13776,"date":"2011-01-19T02:32:25","date_gmt":"2011-01-19T06:32:25","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=13776"},"modified":"2011-01-19T02:32:25","modified_gmt":"2011-01-19T06:32:25","slug":"january-18-2011","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=13776","title":{"rendered":"January 18, 2011"},"content":{"rendered":"

Brookfield is doubling-up on General Growth<\/a>.<\/p>\n

It was another good day on good volume for the Canadian preferred share market, with PerpetualDiscounts up 13bp and FixedResets gaining 4bp.<\/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>\n0.4278 %<\/td>\n2,339.4<\/td>\n<\/tr>\n
FixedFloater<\/td>\n4.77 %<\/td>\n3.45 %<\/td>\n25,848<\/td>\n19.21<\/td>\n1<\/td>\n0.0000 %<\/td>\n3,570.3<\/td>\n<\/tr>\n
Floater<\/td>\n2.56 %<\/td>\n2.33 %<\/td>\n40,727<\/td>\n21.37<\/td>\n4<\/td>\n0.4278 %<\/td>\n2,526.0<\/td>\n<\/tr>\n
OpRet<\/td>\n4.81 %<\/td>\n3.38 %<\/td>\n65,007<\/td>\n2.29<\/td>\n8<\/td>\n-0.0482 %<\/td>\n2,389.9<\/td>\n<\/tr>\n
SplitShare<\/td>\n5.29 %<\/td>\n1.24 %<\/td>\n506,655<\/td>\n0.89<\/td>\n4<\/td>\n0.2903 %<\/td>\n2,470.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0482 %<\/td>\n2,185.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.64 %<\/td>\n5.31 %<\/td>\n140,837<\/td>\n5.32<\/td>\n20<\/td>\n0.0118 %<\/td>\n2,030.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.30 %<\/td>\n5.29 %<\/td>\n260,890<\/td>\n14.97<\/td>\n57<\/td>\n0.1317 %<\/td>\n2,087.1<\/td>\n<\/tr>\n
FixedReset<\/td>\n5.22 %<\/td>\n3.37 %<\/td>\n281,764<\/td>\n3.05<\/td>\n52<\/td>\n0.0431 %<\/td>\n2,278.9<\/td>\n<\/tr>\n<\/table>\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
CM.PR.D<\/td>\nPerpetual-Premium<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2011-02-17
\nMaturity Price : 25.50
\nEvaluated at bid price : 25.62
\nBid-YTW : -2.69 %<\/td>\n<\/tr>\n
NA.PR.N<\/td>\nFixedReset<\/td>\n1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2013-09-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.65
\nBid-YTW : 2.58 %<\/td>\n<\/tr>\n
BNA.PR.C<\/td>\nSplitShare<\/td>\n1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2019-01-10
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.76
\nBid-YTW : 5.89 %<\/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
TRP.PR.A<\/td>\nFixedReset<\/td>\n107,675<\/td>\nNesbitt crossed 100,000 at 26.00.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2015-01-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.98
\nBid-YTW : 3.62 %<\/td>\n<\/tr>\n
TD.PR.Q<\/td>\nPerpetual-Premium<\/td>\n105,300<\/td>\nScotia crossed 28,000 at 25.75. Desjardins crossed blocks of 31,000 at 25.75 and 45,000 at 25.71.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2017-03-02
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.66
\nBid-YTW : 5.09 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset<\/td>\n102,405<\/td>\nNebitt crossed 10,000 at 24.98. RBC bought 16,300 from Scotia at 24.99. RBC crossed 21,900 at 25.00, and sold blocks of 11,800 and 12,800 to TD at the same price.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2017-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.90
\nBid-YTW : 4.65 %<\/td>\n<\/tr>\n
BNS.PR.T<\/td>\nFixedReset<\/td>\n99,900<\/td>\nTD bought two blocks of 10,000 shares each from Nesbitt at 27.28. Nesbitt crossed 25,000 at 27.28; TD crossed 35,000 at the same price.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-05-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.24
\nBid-YTW : 3.40 %<\/td>\n<\/tr>\n
BMO.PR.M<\/td>\nFixedReset<\/td>\n75,260<\/td>\nTD crossed 58,300 at 26.56.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2013-09-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.65
\nBid-YTW : 2.67 %<\/td>\n<\/tr>\n
IAG.PR.F<\/td>\nPerpetual-Premium<\/td>\n74,916<\/td>\nDesjardins crossed 68,500 at 25.90.
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2019-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.51
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
There were 44 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Brookfield is doubling-up on General Growth. It was another good day on good volume for the Canadian preferred share market, with PerpetualDiscounts up 13bp and FixedResets gaining 4bp. HIMIPref™ Preferred IndicesThese values reflect the December …<\/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-13776","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/13776","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=13776"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/13776\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}