{"id":249,"date":"2006-11-06T21:40:42","date_gmt":"2006-11-07T01:40:42","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=249"},"modified":"2006-11-06T21:40:42","modified_gmt":"2006-11-07T01:40:42","slug":"november-1-2006","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=249","title":{"rendered":"November 1, 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>\n4.14%<\/td>\n4.06%<\/td>\n41,662<\/td>\n10.58<\/td>\n2<\/td>\n-0.6366%<\/td>\n1,012.7<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n4.83%<\/td>\n3.98%<\/td>\n140,659<\/td>\n12.97<\/td>\n7<\/td>\n-0.3718%<\/td>\n1,023.3<\/td>\n<\/tr>\n
Floater<\/td>\n4.52%<\/td>\n-15.65%<\/td>\n73,056<\/td>\n6.50<\/td>\n5<\/td>\n-0.1186%<\/td>\n1,021.7<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.68%<\/td>\n1.75%<\/td>\n86,760<\/td>\n2.30<\/td>\n17<\/td>\n0.1302%<\/td>\n1,022.7<\/td>\n<\/tr>\n
Split-Share<\/td>\n5.03%<\/td>\n3.65%<\/td>\n186,268<\/td>\n3.36<\/td>\n9<\/td>\n0.0467%<\/td>\n1,022.9<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.89%<\/td>\n4.30%<\/td>\n57,813<\/td>\n2.43<\/td>\n7<\/td>\n-0.1999%<\/td>\n1,022.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.08%<\/td>\n4.04%<\/td>\n252,736<\/td>\n4.27<\/td>\n49<\/td>\n0.0001%<\/td>\n1,039.5<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.59%<\/td>\n5.62%<\/td>\n610,937<\/td>\n16.17<\/td>\n7<\/td>\n0.2497%<\/td>\n1,035.2<\/td>\n<\/tr>\n<\/table>\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
FCN.PR.A<\/td>\nInterestBearing<\/td>\n-1.8719%<\/td>\nIncome Trusts ultimately back up this one, on a miserable day for income trusts<\/a>! On June 30, 2006<\/a>, the fund had $152-million in assets to cover $68-million in prefs. Applying an the prospectus<\/a>, distributions cannot be made to the Capital Unit holders unless coverage exceeds 1.4:1, so it seems reasonable still. But panic panic panic on the TSX!<\/td>\n<\/tr>\n
ENB.PR.A<\/td>\nPerpetualPremium<\/td>\n-1.8655%<\/td>\n\u00a0<\/td>\n<\/tr>\n
BCE.PR.S<\/td>\nRatchetRate<\/td>\n-1.2490%<\/td>\nClosed at $24.51-86. Looks like the market feels the offer at $25.60<\/a> won’t be happening!<\/td>\n<\/tr>\n
BC.PR.C<\/td>\nFixedFloater<\/td>\n-1.1978%<\/td>\nClosed at $25.57-77. Looks like the market feels the offer at $26.25<\/a> won’t be happening!<\/td>\n<\/tr>\n
MST.PR.A<\/td>\nInterestBearing<\/td>\n+1.0476%<\/td>\nWith a name like “Multi-Select Trust” it went up<\/strong><\/em>? It gets it come-uppance tomorrow<\/a>!<\/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
RY.PR.C<\/td>\nPerpetualPremium<\/td>\n239,875<\/td>\nNew Issue<\/a><\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nPerpetualDiscount<\/td>\n86,890<\/td>\nClearance Sale<\/a> continues!<\/td>\n<\/tr>\n
BSD.PR.A<\/td>\nInterestBearing<\/td>\n85,791<\/td>\nBacked by Income Trusts!<\/td>\n<\/tr>\n
WN.PR.E<\/td>\nPerpetualDiscount<\/td>\n70,532<\/td>\n\u00a0<\/td>\n<\/tr>\n
GWO.PR.X<\/td>\nOpRet<\/td>\n52,453<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

There were ten other index-included issues trading over 10,000 shares today.\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-249","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/249","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=249"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/249\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}