{"id":2086,"date":"2008-04-23T20:53:37","date_gmt":"2008-04-24T00:53:37","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=2086"},"modified":"2008-04-23T20:53:37","modified_gmt":"2008-04-24T00:53:37","slug":"april-23-2008","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=2086","title":{"rendered":"April 23, 2008"},"content":{"rendered":"

Not much today, folks! In the spirit of the day<\/a>, I had to spend some time slaying dragons and was unable to assemble my List of Interesting Things.<\/p>\n

A return of good volume, the market was up and the index was down. What a great day!<\/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>\n5.03%<\/td>\n5.08%<\/td>\n31,538<\/td>\n15.4<\/td>\n2<\/td>\n+0.1823%<\/td>\n1,094.8<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n4.76%<\/td>\n5.11%<\/td>\n62,932<\/td>\n15.36<\/td>\n8<\/td>\n+0.0027%<\/td>\n1,050.7<\/td>\n<\/tr>\n
Floater<\/td>\n4.51%<\/td>\n4.54%<\/td>\n65,445<\/td>\n16.31<\/td>\n2<\/td>\n+0.3267%<\/td>\n836.8<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.85%<\/td>\n3.33%<\/td>\n87,816<\/td>\n3.29<\/td>\n15<\/td>\n-0.0387%<\/td>\n1,049.6<\/td>\n<\/tr>\n
Split-Share<\/td>\n5.34%<\/td>\n5.88%<\/td>\n86,654<\/td>\n4.08<\/td>\n14<\/td>\n+0.1686%<\/td>\n1,037.8<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.17%<\/td>\n6.23%<\/td>\n63,201<\/td>\n3.87<\/td>\n3<\/td>\n-0.4339%<\/td>\n1,097.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.91%<\/td>\n5.63%<\/td>\n179,633<\/td>\n7.34<\/td>\n7<\/td>\n+0.0394%<\/td>\n1,017.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.70%<\/td>\n5.73%<\/td>\n309,763<\/td>\n13.91<\/td>\n64<\/td>\n+0.0374%<\/td>\n916.5<\/td>\n<\/tr>\n<\/table>\n<\/div>\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
W.PR.J<\/td>\nPerpetualDiscount<\/td>\n-1.6387%<\/td>\nNow with a pre-tax bid-YTW of 6.02% based on a bid of 23.41 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
BSD.PR.A<\/td>\nInterestBearing<\/td>\n-1.3458%<\/td>\nAsset coverage of just under 1.7:1 as of April 18, according to the company<\/a>. Now with a pre-tax bid-YTW of 7.04% (mostly as interest) based on a bid of 9.53 and a hardMaturity<\/a> 2015-3-31 at 10.00.<\/td>\n<\/tr>\n
BMO.PR.J<\/td>\nPerpetualDiscount<\/td>\n+1.0606%<\/td>\nNow with a pre-tax bid-YTW of 5.73% based on a bid of 20.01 and a limitMaturity.<\/td>\n<\/tr>\n
SLF.PR.B<\/td>\nPerpetualDiscount<\/td>\n+1.1468%<\/td>\nNow with a pre-tax bid-YTW of 5.50% based on a bid of 22.05 and a limitMaturity.<\/td>\n<\/tr>\n
BAM.PR.G<\/td>\nFixFloat (for now! [Volume])<\/td>\n+1.1905%<\/td>\n <\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nPerpetualDiscount<\/td>\n+1.2407%<\/td>\nNow with a pre-tax bid-YTW of 5.58% based on a bid of 20.40 and a limitMaturity.<\/td>\n<\/tr>\n
POW.PR.B<\/td>\nPerpetualDiscount<\/td>\n+1.4017%<\/td>\nNow with a pre-tax bid-YTW of 5.81% based on a bid of 23.15 and a limitMaturity.<\/td>\n<\/tr>\n
BNA.PR.C<\/td>\nSplitShare<\/td>\n+3.2322%<\/td>\nAsset coverage of just under 2.7:1 as of March 31, according to the company<\/a>. Now with a pre-tax bid-YTW of 6.70% based on a bid of 20.76 and a hardMaturity<\/a> 2019-1-10 at 25.00. Compare with BNA.PR.A (6.60% to 2010-9-30) and BNA.PR.B (8.32% to 2016-3-25).<\/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
SLF.PR.A<\/td>\nPerpetualDiscount<\/td>\n420,050<\/td>\nNow with a pre-tax bid-YTW of 5.45% based on a bid of 22.00 and a limitMaturity.<\/td>\n<\/tr>\n
FAL.PR.B<\/td>\nFixFloat<\/td>\n55,551<\/td>\nCIBC crossed 50,000 at 24.75.<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nPerpetualDiscount<\/td>\n54,514<\/td>\nNow with a pre-tax bid-YTW of 5.58% based on a bid of 20.39 and a limitMaturity.<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nPerpetualDiscount<\/td>\n45,060<\/td>\nNow with a pre-tax bid-YTW of 5.64% based on a bid of 19.94 and a limitMaturity.<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetualDiscount<\/td>\n33,600<\/td>\nTD crossed 20,000 at 23.00. Now with a pre-tax bid-YTW of 5.73% based on a bid of 23.00 and a limitMaturity.<\/td>\n<\/tr>\n<\/table>\n<\/div>\n

There were thirty-four other index-included $25-pv-equivalent issues trading over 10,000 shares today.<\/p>\n","protected":false},"excerpt":{"rendered":"

Not much today, folks! In the spirit of the day, I had to spend some time slaying dragons and was unable to assemble my List of Interesting Things. A return of good volume, the market …<\/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-2086","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/2086","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=2086"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/2086\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}