{"id":241,"date":"2006-10-31T22:37:51","date_gmt":"2006-11-01T02:37:51","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=241"},"modified":"2006-10-31T22:37:51","modified_gmt":"2006-11-01T02:37:51","slug":"october-31-2006","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=241","title":{"rendered":"October 31, 2006"},"content":{"rendered":"\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<\/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>\n4.11%<\/td>\n4.03%<\/td>\n42,749<\/td>\n10.68<\/td>\n2<\/td>\n-0.1794%<\/td>\n1,019.2<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n5.00%<\/td>\n2.75%<\/td>\n151,045<\/td>\n10.65<\/td>\n7<\/td>\n+0.0864%<\/td>\n1,027.1<\/td>\n<\/tr>\n
Floater<\/td>\n4.52%<\/td>\n-16.01%<\/td>\n74,789<\/td>\n6.52<\/td>\n5<\/td>\n0.0635%<\/td>\n1,022.9<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.67%<\/td>\n1.94%<\/td>\n89,693<\/td>\n2.37<\/td>\n17<\/td>\n0.0859%<\/td>\n1,021.3<\/td>\n<\/tr>\n
Split-Share<\/td>\n4.95%<\/td>\n3.47%<\/td>\n157,739<\/td>\n3.26<\/td>\n11<\/td>\n0.0075%<\/td>\n1,022.4<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.88%<\/td>\n5.16%<\/td>\n57,457<\/td>\n1.97<\/td>\n7<\/td>\n0.0257%<\/td>\n1,024.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.07%<\/td>\n3.88%<\/td>\n213,084<\/td>\n4.32<\/td>\n47<\/td>\n0.1516%<\/td>\n1,039.5<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.60%<\/td>\n4.63%<\/td>\n604,494<\/td>\n16.15<\/td>\n7<\/td>\n0.1804%<\/td>\n1,032.6<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n
Major Price Changes<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
BCE.PR.R<\/td>\nFixedFloater<\/td>\n+1.1111%<\/td>\nJust a reversal of yesterday’s loss<\/a>, really : a handful of shares traded just above $25.50. Closed at 25.48-56, 5×5.<\/td>\n<\/tr>\n<\/table>\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
GWO.PR.X<\/td>\nOpRet<\/td>\n307,528<\/td>\nNational sold 150,000 @27.55 to Nesbitt, Scotia & Desjardins in the late afternoon. Pre-tax YTW 2.69% based on a bid of $27.55 and a call 2009-10-30 @ $26.00. It only pays $1.20, so it might possibly make it to 2013-9-29, having yielded 3.23%.<\/td>\n<\/tr>\n
ACO.PR.A<\/td>\nOpRet<\/td>\n276,511<\/td>\nNesbitt processed an internal cross of 275,000 @ 27.89. Pre-tax YTW of 2.94%, based on a bid of $27.65 and a call 2008-12-31 @ $26.00. It pays $1.4375, so its chances of making it further along the redemption trail are … not good.<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nPerpetualDiscount<\/td>\n91,007<\/td>\nThe clean-out sale<\/a> continues, but at a slower pace!<\/td>\n<\/tr>\n
SLF.PR.B<\/td>\nPerpetualPremium<\/td>\n81,885<\/td>\nA bit, but not much, expensive I’d say, closing at $25.56-63 for a pre-tax YTW of 4.55% based on a call @ $25.00 on 2014-10-30.<\/td>\n<\/tr>\n
PWF.PR.D<\/td>\nOpRet<\/td>\n70,700<\/td>\nNesbitt processed an internal cross at $27.18 in the only trade of the day. This issue has trade enough this month that it will be back in the index after rebalancing.<\/td>\n<\/tr>\n<\/table>\n

There were fifteen other index-included issues trading over 10,000 shares today.<\/p>\n

\n

\n<\/p>\n

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

Note that these indices are experimental; the absolute and relative daily values are expected to change in the final version Index Mean Current Yield (at bid) Mean YTW Mean Average Trading Value Mean Mod Dur …<\/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-241","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/241","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=241"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/241\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}