{"id":2522,"date":"2008-07-30T19:22:33","date_gmt":"2008-07-30T23:22:33","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=2522"},"modified":"2008-07-30T19:22:33","modified_gmt":"2008-07-30T23:22:33","slug":"july-30-2008","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=2522","title":{"rendered":"July 30, 2008"},"content":{"rendered":"

A solid up-day on light volume. Only one more day and this horrible month is over!<\/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>\nN\/A<\/td>\nN\/A<\/td>\nN\/A<\/td>\nN\/A<\/td>\n0<\/td>\nN\/A<\/td>\nN\/A<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n4.70%<\/td>\n4.37%<\/td>\n65,846<\/td>\n16.47<\/td>\n6<\/td>\n-0.0290%<\/td>\n1,088.8<\/td>\n<\/tr>\n
Floater<\/td>\n4.17%<\/td>\n4.20%<\/td>\n56,506<\/td>\n17.01<\/td>\n3<\/td>\n-1.0433%<\/td>\n886.0<\/td>\n<\/tr>\n
Op. Retract<\/td>\n5.00%<\/td>\n4.30%<\/td>\n126,275<\/td>\n2.94<\/td>\n17<\/td>\n+0.1332%<\/td>\n1,041.0<\/td>\n<\/tr>\n
Split-Share<\/td>\n5.37%<\/td>\n6.10%<\/td>\n60,107<\/td>\n4.49<\/td>\n14<\/td>\n+0.0630%<\/td>\n1,031.7<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.14%<\/td>\n5.98%<\/td>\n40,136<\/td>\n3.67<\/td>\n3<\/td>\n+0.0337%<\/td>\n1,121.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n6.08%<\/td>\n6.04%<\/td>\n68,918<\/td>\n10.73<\/td>\n4<\/td>\n+0.6589%<\/td>\n991.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.28%<\/td>\n6.33%<\/td>\n223,632<\/td>\n13.45<\/td>\n67<\/td>\n+0.1850%<\/td>\n846.6<\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\n\n\n\n\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
BAM.PR.B<\/td>\nFloater<\/td>\n-3.6364%<\/td>\n <\/td>\n<\/tr>\n
ELF.PR.F<\/td>\nPerpetualDiscount<\/td>\n-1.7232%<\/td>\nNow with a pre-tax bid-YTW of 7.12% based on a bid of 18.82 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
W.PR.H<\/td>\nPerpetualDiscount<\/td>\n-1.6268%<\/td>\nNow with a pre-tax bid-YTW of 6.76% based on a bid of 20.56 and a limitMaturity.<\/td>\n<\/tr>\n
BMO.PR.L<\/td>\nPerpetualDiscount<\/td>\n-1.2600%<\/td>\nNow with a pre-tax bid-YTW of 6.36% based on a bid of 23.51 and a limitMaturity.<\/td>\n<\/tr>\n
NA.PR.M<\/td>\nPerpetualDiscount<\/td>\n-1.0204%<\/td>\nNow with a pre-tax bid-YTW of 6.20% based on a bid of 24.25 and a limitMaturity.<\/td>\n<\/tr>\n
POW.PR.C<\/td>\nPerpetualDiscount<\/td>\n+1.1186%<\/td>\nNow with a pre-tax bid-YTW of 6.48% based on a bid of 22.60 and a limitMaturity.<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nPerpetualDiscount<\/td>\n+1.3018%<\/td>\nNow with a pre-tax bid-YTW of 6.27% based on a bid of 21.01 and a limitMaturity.<\/td>\n<\/tr>\n
POW.PR.B<\/td>\nPerpetualDiscount<\/td>\n+1.4138%<\/td>\nNow with a pre-tax bid-YTW of 6.28% based on a bid of 21.52 and a limitMaturity.<\/td>\n<\/tr>\n
CU.PR.A<\/td>\nPerpetualPremium (for now!)<\/td>\n+1.6807%<\/td>\nNow with a pre-tax bid-YTW of 6.09% based on a bid of 24.20 and a limitMaturity.<\/td>\n<\/tr>\n
ELF.PR.G<\/td>\nPerpetualDiscount<\/td>\n+1.6898%<\/td>\nNow with a pre-tax bid-YTW of 7.13% based on a bid of 16.85 and a limitMaturity.<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nPerpetualDiscount<\/td>\n+1.8274%<\/td>\nNow with a pre-tax bid-YTW of 6.13% based on a bid of 20.06 and a limitMaturity.<\/td>\n<\/tr>\n
CM.PR.E<\/td>\nPerpetualDiscount<\/td>\n+2.5540%<\/td>\nNow with a pre-tax bid-YTW of 6.76% based on a bid of 20.88 and a limitMaturity.<\/td>\n<\/tr>\n
HSB.PR.C<\/td>\nPerpetualDiscount<\/td>\n+2.8557%<\/td>\nNow with a pre-tax bid-YTW of 6.53% based on a bid of 19.81 and a limitMaturity.<\/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
TD.PR.O<\/td>\nPerpetualDiscount<\/td>\n268,825<\/td>\nCIBC crossed 98,000 at 20.77, National Bank crossed 110,000 at 20.71, then anonymous crossed (assuming it was the same anonymous) 40,000 at 20.71. Now with a pre-tax bid-YTW of 5.90% based on a bid of 20.70 and a limitMaturity.<\/td>\n<\/tr>\n
MFC.PR.A<\/td>\nOpRet<\/td>\n200,040<\/td>\nDesjardins crossed 200,000 at 25.34. Now with a pre-tax bid-YTW of 3.98% based on a bid of 25.34 and a softMaturity<\/a> 2015-12-18 at 25.00.<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nPerpetualDiscount<\/td>\n137,000<\/td>\nCIBC crossed 120,000 at 17.84. Now with a pre-tax bid-YTW of 6.42% based on a bid of 17.57 and a limitMaturity.<\/td>\n<\/tr>\n
BCE.PR.Y<\/td>\nFixFloat<\/td>\n103,750<\/td>\nNesbitt crossed 100,000 at 24.47.<\/td>\n<\/tr>\n
BNS.PR.L<\/td>\nPerpetualDiscount<\/td>\n80,800<\/td>\nNational crossed 75,000 at 18.30. Now with a pre-tax bid-YTW of 6.18% based on a bid of 18.34 and a limitMaturity.<\/td>\n<\/tr>\n<\/table>\n<\/div>\n

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

A solid up-day on light volume. Only one more day and this horrible month is over! Note that these indices are experimental; the absolute and relative daily values are expected to change in the final …<\/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-2522","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/2522","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=2522"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/2522\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}