{"id":20807,"date":"2013-01-11T19:21:34","date_gmt":"2013-01-11T23:21:34","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=20807"},"modified":"2013-01-11T19:21:34","modified_gmt":"2013-01-11T23:21:34","slug":"txpl-txpr-methodology-change","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=20807","title":{"rendered":"TXPL &amp; TXPR: Methodology Change"},"content":{"rendered":"<p>Standard and Poor&#8217;s <a href=\"http:\/\/www.newswire.ca\/en\/story\/1097681\/preferred-share-methodology-update-for-the-treatment-of-partial-calls\">has announced<\/a>:<\/p>\n<blockquote><p>S&#038;P Dow Jones Canadian Index Services today announces that it has made a policy change to the treatment of partial calls in Preferred Share Indices. Effective immediately, S&#038;P Dow Jones Indices will recognize all partial preferred share calls for redemption in preferred share indices.  On the redemption date of the partial call, S&#038;P Dow Jones Indices will reduce the shares outstanding of the partially called security by the amount of shares called by the issuer.  In addition, S&#038;P Dow Jones Indices will apply a price adjustment to the partially called security.  The adjusted price of the partially called security will be calculated as the redemption price plus any accrued interest due to investors.<\/p>\n<p>S&#038;P\/TSX Preferred Share Index<br \/>\n S&#038;P\/TSX North American Preferred Share Index<br \/>\n S&#038;P\/TSX Preferred Share Laddered Index<\/p>\n<p>The methodology documents located on the S&#038;P Dow Jones Indices web site for each index will be updated in the coming days to reflect these changes.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Standard and Poor&#8217;s has announced: S&#038;P Dow Jones Canadian Index Services today announces that it has made a policy change to the treatment of partial calls in Preferred Share Indices. Effective immediately, S&#038;P Dow Jones &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-20807","post","type-post","status-publish","format-standard","hentry","category-indices-and-etfs"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/20807","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=20807"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/20807\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}