{"id":1543,"date":"2007-11-30T23:34:25","date_gmt":"2007-12-01T03:34:25","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=1543"},"modified":"2007-11-30T23:34:25","modified_gmt":"2007-12-01T03:34:25","slug":"november-30-2007","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=1543","title":{"rendered":"November 30, 2007"},"content":{"rendered":"

An extremely busy day to finish the month!<\/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>\n4.86%<\/td>\n4.84%<\/td>\n112,447<\/td>\n15.75<\/td>\n2<\/td>\n+0.0614%<\/td>\n1,049.6<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n4.91%<\/td>\n4.93%<\/td>\n98,259<\/td>\n15.62<\/td>\n8<\/td>\n-0.1617%<\/td>\n1,035.4<\/td>\n<\/tr>\n
Floater<\/td>\n4.84%<\/td>\n4.91%<\/td>\n59,518<\/td>\n15.59<\/td>\n3<\/td>\n+0.0592%<\/td>\n970.9<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.88%<\/td>\n2.47%<\/td>\n80,591<\/td>\n3.81<\/td>\n16<\/td>\n-0.0406%<\/td>\n1,031.8<\/td>\n<\/tr>\n
Split-Share<\/td>\n5.34%<\/td>\n6.23%<\/td>\n92,352<\/td>\n4.09<\/td>\n15<\/td>\n+0.1093%<\/td>\n1,018.5<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.24%<\/td>\n6.52%<\/td>\n69,058<\/td>\n3.75<\/td>\n4<\/td>\n-0.1081%<\/td>\n1,065.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.86%<\/td>\n5.34%<\/td>\n91,238<\/td>\n8.05<\/td>\n11<\/td>\n-0.0066%<\/td>\n1,008.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.61%<\/td>\n5.65%<\/td>\n348,050<\/td>\n14.20<\/td>\n55<\/td>\n+0.2244%<\/td>\n904.3<\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\n\n\n\n\n\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
BNA.PR.B<\/td>\nSplitShare<\/td>\n-4.3478%<\/td>\nAsset coverage of 4.0:1 according to the company<\/a>. Pre-tax bid-YTW now 6.90% based on a bid of 22.00 and a hardMaturity<\/a> 2016-3-25 at 25.00.<\/td>\n<\/tr>\n
BAM.PR.G<\/td>\nFixFloat<\/td>\n-1.5748%<\/td>\n\u00a0<\/td>\n<\/tr>\n
LBS.PR.A<\/td>\nSplitShare<\/td>\n-1.1765%<\/td>\nAsset coverage of 2.4+:1 as of November 29, according to Brompton<\/a>. Now with a pre-tax bid-YTW of 5.26% based on a bid of 10.08 and a hardMaturity 2013-11-29 at 10.08.<\/td>\n<\/tr>\n
ELF.PR.G<\/td>\nPerpetualDiscount<\/td>\n-1.1696%<\/td>\nNow with a pre-tax bid-YTW of 7.16% based on a bid of 16.90 and a limitMaturity.<\/td>\n<\/tr>\n
BNA.PR.C<\/td>\nSplitShare<\/td>\n-1.0932%<\/td>\nAsset coverage of 4.0:1 according to the company<\/a>. Now with a pre-tax bid-YTW of 7.62% based on a bid of 19.00 and a hardMaturity 2019-1-10 at 25.00.<\/td>\n<\/tr>\n
WFS.PR.A<\/td>\nSplitShare<\/td>\n+1.1213%<\/td>\nAsset coverage of 1.9+:1 as of November 22, according to Mulvihill. Now with a pre-tax bid-YTW of 5.82% based on a bid of 9.92 and a hardMaturity 2011-6-30 at 10.00.<\/a><\/td>\n<\/tr>\n
FIG.PR.A<\/td>\nInterestBearing<\/td>\n+1.1518%<\/td>\nAsset coverage of 2.1+:1 as of November 28, according to Faircourt<\/a>. Now with a pre-tax bid-YTW of 7.11% (mostly as interest) based on a bid of 9.66 and a hardMaturity 2014-12-31 at 10.00.<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetualDiscount<\/td>\n+1.1526%<\/td>\nNow with a pre-tax bid-YTW of 5.78% based on a bid of 21.94 and a limitMaturity.<\/td>\n<\/tr>\n
BNS.PR.M<\/td>\nPerpetualDiscount<\/td>\n+1.2013%<\/td>\nNow with a pre-tax bid-YTW of 5.41% based on a bid of 21.06 and a limitMaturity.<\/td>\n<\/tr>\n
CIU.PR.A<\/td>\nPerpetualDiscount<\/td>\n+1.2195%<\/td>\nNow with a pre-tax bid-YTW of 5.58% based on a bid of 20.75 and a limitMaturity.<\/td>\n<\/tr>\n
NA.PR.L<\/td>\nPerpetualDiscount<\/td>\n+1.4829%<\/td>\nNow with a pre-tax bid-YTW of 5.97% based on a bid of 20.53 and a limitMaturity.<\/td>\n<\/tr>\n
IAG.PR.A<\/td>\nPerpetualPremium<\/td>\n+1.7632%<\/td>\nNow with a pre-tax bid-YTW of 5.70% based on a bid of 20.20 and a limitMaturity.<\/td>\n<\/tr>\n
NA.PR.K<\/td>\nPerpetualDiscount<\/td>\n+1.9311%<\/td>\nNow with a pre-tax bid-YTW of 6.07% based on a bid of 24.28 and a limitMaturity.<\/td>\n<\/tr>\n
HSB.PR.D<\/td>\nPerpetualDiscount<\/td>\n+2.1530%<\/td>\nNow with a pre-tax bid-YTW of 5.70% based on a bid of 22.30 and a limitMaturity<\/td>\n<\/tr>\n
BSD.PR.A<\/td>\nInterestBearing<\/td>\n+2.2774%<\/td>\nAsset coverage of just under 1.7:1 as of November 23, 2007, according to Brookfield Funds<\/a>. Now with a pre-tax bid-YTW of 6.21% based on a bid of 9.88 and a hardMaturity 2015-3-31.<\/td>\n<\/tr>\n
FFN.PR.A<\/td>\nSplitShare<\/td>\n+2.5961%<\/td>\nAsset coverage of 2.3:1 as of November 15, according to the company<\/a>. Now with a pre-tax bid-YTW of 5.77% based on a bid of 22.50 and a limitMaturity.<\/td>\n<\/tr>\n
FTU.PR.A<\/td>\nSplitShare<\/td>\n+2.6667%<\/td>\nAsset coverage of 1.8+:1 as of November 15, according to . Now with a pre-tax bid-YTW of 7.12% based on a bid of 9.24 and a hardMaturity 2012-12-1 at 10.00.<\/a><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\n\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
IQW.PR.C<\/td>\nScraps (would be OpRet, but there are credit concerns)<\/td>\n456,020<\/td>\nNow with a pre-tax bid-YTW of 209.05% (annualized!) based on a bid of 17.80 and a softMaturity<\/a> 2008-2-29 at 25.00. But don’t count on it!<\/td>\n<\/tr>\n
NTL.PR.F<\/td>\nScraps (would be Ratchet, but there are credit concerns)<\/td>\n376,393<\/td>\n\u00a0<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetualDiscount<\/td>\n221,500<\/td>\nScotia crossed 200,000 at 24.71. Now with a pre-tax bid-YTW of 5.57% based on a bid of 24.62 and a limitMaturity.<\/td>\n<\/tr>\n
TD.PR.P<\/td>\nPerpetualDiscount<\/td>\n142,760<\/td>\nNow with a pre-tax bid-YTW of 5.43% based on a bid of 24.42 and a limitMaturity.<\/td>\n<\/tr>\n
RY.PR.W<\/td>\nPerpetualDiscount<\/td>\n69,809<\/td>\nNow with a pre-tax bid-YTW of 5.46% based on a bid of 22.58 and a limitMaturity.<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nPerpetualDiscount<\/td>\n54,830<\/td>\nNow with a pre-tax bid-YTW of 5.69% based on a bid of 21.35 and a limitMaturity.<\/td>\n<\/tr>\n
RY.PR.D<\/td>\nPerpetualDiscount<\/td>\n54,830<\/td>\nNow with a pre-tax bid-YTW of 5.45% based on a bid of 20.80 and a limitMaturity.<\/td>\n<\/tr>\n<\/table>\n<\/div>\n

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

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

An extremely busy day to finish the month! 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 …<\/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-1543","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1543","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=1543"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1543\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}