{"id":18919,"date":"2012-06-15T21:56:35","date_gmt":"2012-06-16T01:56:35","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=18919"},"modified":"2012-06-15T21:56:35","modified_gmt":"2012-06-16T01:56:35","slug":"june-14-2012","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=18919","title":{"rendered":"June 14, 2012"},"content":{"rendered":"

The ECB won’t disclose records of EU collusion with fuzzy Greek bookkeeping<\/a>:<\/p>\n

The European Central Bank said it can\u2019t release files showing how Greece may have used derivatives to hide its borrowings because disclosure could still inflame the crisis threatening the future of the single currency.<\/p>\n

Bloomberg News is suing the ECB to provide the documents under European Union freedom-of-information rules. The papers may help show the role EU authorities played in allowing Greece to mask its deficit for almost a decade before the nation\u2019s troubled finances necessitated a 240 billion-euro ($301 billion) bailout and the biggest debt restructuring in history<\/p>\n

Disclosing the files when Bloomberg News first sought them in 2010 would have \u201cfueled negative perceptions about Greece\u2019s ability to honor its debt,\u201d ECB lawyer Marta Lopez Torres said at a hearing of the European Union\u2019s General Court in Luxembourg today. \u201cIt\u2019s the same now with Spain\u201d which \u201cisn\u2019t able to borrow money,\u201d she said. \u201cMarkets are reacting in very volatile ways. It\u2019s affecting the euro economy.\u201d <\/p><\/blockquote>\n

Sorry this is so late, folks! There were technical difficulties at TMX DataLinx<\/a>.<\/p>\n\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>\n0.0000 %<\/td>\n2,318.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n4.46 %<\/td>\n3.84 %<\/td>\n23,702<\/td>\n17.60<\/td>\n1<\/td>\n0.0000 %<\/td>\n3,534.7<\/td>\n<\/tr>\n
Floater<\/td>\n3.14 %<\/td>\n3.13 %<\/td>\n70,961<\/td>\n19.42<\/td>\n3<\/td>\n0.0000 %<\/td>\n2,503.7<\/td>\n<\/tr>\n
OpRet<\/td>\n4.82 %<\/td>\n2.47 %<\/td>\n40,821<\/td>\n1.02<\/td>\n5<\/td>\n-0.0853 %<\/td>\n2,503.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n5.26 %<\/td>\n-8.90 %<\/td>\n45,581<\/td>\n0.51<\/td>\n4<\/td>\n0.0695 %<\/td>\n2,721.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0853 %<\/td>\n2,289.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.44 %<\/td>\n2.93 %<\/td>\n77,722<\/td>\n0.58<\/td>\n26<\/td>\n0.1363 %<\/td>\n2,231.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.03 %<\/td>\n5.03 %<\/td>\n121,580<\/td>\n15.43<\/td>\n7<\/td>\n0.1834 %<\/td>\n2,455.2<\/td>\n<\/tr>\n
FixedReset<\/td>\n5.05 %<\/td>\n3.15 %<\/td>\n203,812<\/td>\n4.49<\/td>\n71<\/td>\n0.0742 %<\/td>\n2,392.5<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.03 %<\/td>\n3.91 %<\/td>\n154,630<\/td>\n2.95<\/td>\n45<\/td>\n-0.0150 %<\/td>\n2,300.3<\/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
BMO.PR.J<\/td>\nDeemed-Retractible<\/td>\n-1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2016-02-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.45
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nDeemed-Retractible<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nDeemed-Retractible<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.29
\nBid-YTW : 6.02 %<\/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
RY.PR.N<\/td>\nFixedReset<\/td>\n118,200<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-02-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.36
\nBid-YTW : 3.16 %<\/td>\n<\/tr>\n
PWF.PR.M<\/td>\nFixedReset<\/td>\n100,300<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.16
\nBid-YTW : 3.54 %<\/td>\n<\/tr>\n
CM.PR.L<\/td>\nFixedReset<\/td>\n87,750<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.85
\nBid-YTW : 2.88 %<\/td>\n<\/tr>\n
BMO.PR.M<\/td>\nFixedReset<\/td>\n72,400<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.48
\nBid-YTW : 2.98 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nDeemed-Retractible<\/td>\n70,494<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.78
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
RY.PR.R<\/td>\nFixedReset<\/td>\n64,290<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-02-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.41
\nBid-YTW : 3.05 %<\/td>\n<\/tr>\n
There were 28 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n
Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nQuote Data and Yield Notes<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset<\/td>\nQuote: 25.88 – 26.45
\nSpot Rate : 0.5700
\nAverage : 0.3667<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2042-06-14
\nMaturity Price : 23.51
\nEvaluated at bid price : 25.88
\nBid-YTW : 3.61 %<\/td>\n<\/tr>\n

BMO.PR.J<\/td>\nDeemed-Retractible<\/td>\nQuote: 25.45 – 25.91
\nSpot Rate : 0.4600
\nAverage : 0.2578<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2016-02-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.45
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n

GWO.PR.H<\/td>\nDeemed-Retractible<\/td>\nQuote: 24.00 – 24.30
\nSpot Rate : 0.3000
\nAverage : 0.1788<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n

IGM.PR.B<\/td>\nPerpetual-Premium<\/td>\nQuote: 26.00 – 26.49
\nSpot Rate : 0.4900
\nAverage : 0.3741<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.00
\nBid-YTW : 5.33 %<\/td>\n<\/tr>\n

IFC.PR.C<\/td>\nFixedReset<\/td>\nQuote: 25.51 – 25.73
\nSpot Rate : 0.2200
\nAverage : 0.1326<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2016-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.51
\nBid-YTW : 3.65 %<\/td>\n<\/tr>\n

BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.75 – 24.19
\nSpot Rate : 0.4400
\nAverage : 0.3580<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2042-06-14
\nMaturity Price : 23.27
\nEvaluated at bid price : 23.75
\nBid-YTW : 4.99 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

The ECB won’t disclose records of EU collusion with fuzzy Greek bookkeeping: The European Central Bank said it can\u2019t release files showing how Greece may have used derivatives to hide its borrowings because disclosure could …<\/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-18919","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/18919","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=18919"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/18919\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}