{"id":266,"date":"2006-11-09T22:27:01","date_gmt":"2006-11-10T02:27:01","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=266"},"modified":"2006-11-09T22:27:01","modified_gmt":"2006-11-10T02:27:01","slug":"november-9-2006","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=266","title":{"rendered":"November 9, 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>\n4.08%<\/td>\n35,174<\/td>\n10.59<\/td>\n2<\/td>\n0.2612%<\/td>\n1,018.9<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n4.82%<\/td>\n3.98%<\/td>\n131,337<\/td>\n15.27<\/td>\n7<\/td>\n+0.6388%<\/td>\n1,027.6<\/td>\n<\/tr>\n
Floater<\/td>\n4.51%<\/td>\n-19.47%<\/td>\n67,819<\/td>\n6.52<\/td>\n5<\/td>\n-0.0711%<\/td>\n1,027.3<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.66%<\/td>\n0.73%<\/td>\n80,953<\/td>\n2.28<\/td>\n18<\/td>\n-0.0132%<\/td>\n1,026.5<\/td>\n<\/tr>\n
Split-Share<\/td>\n5.01%<\/td>\n3.51%<\/td>\n172,327<\/td>\n3.51<\/td>\n9<\/td>\n0.1017%<\/td>\n1,027.7<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.90%<\/td>\n4.93%<\/td>\n61,925<\/td>\n1.93<\/td>\n7<\/td>\n+0.2434%<\/td>\n1,021.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.07%<\/td>\n3.91%<\/td>\n240,929<\/td>\n3.91<\/td>\n49<\/td>\n+0.0461%<\/td>\n1,043.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.58%<\/td>\n4.62%<\/td>\n581,675<\/td>\n16.15<\/td>\n7<\/td>\n+0.1101%<\/td>\n1,036.0<\/td>\n<\/tr>\n<\/table>\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
BSD.PR.A<\/td>\nInterestBearing<\/td>\n+1.0194%<\/td>\nContinues to recover from the November 7 plunge<\/a>, closing at $9.91-99, 3×3<\/td>\n<\/tr>\n
BCE.PR.Z<\/td>\nFixedFloater<\/td>\n+2.9857%<\/td>\nRecovers most of the ground lost yesterday<\/a>, closing at $25.18-25, 5×10 on volume of 2,690 shares. The low for the day was $25.10.<\/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
PWF.PR.F<\/td>\nPerpetualPremium<\/td>\n207,380<\/td>\nNesbitt crossed 200,000 at 25.90 just before 10am, leading one to suspect that these were the same 200,000 shares as they crossed yesterday<\/a>.<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nPerpetualDiscount<\/td>\n75,800<\/td>\nDon’t let its index assignment fool you! These closed today at 25.05-09, 19×10, but aren’t as close to inclusion in PerpetualPremium as you might think. YTW is 4.54% based on a limitMaturity<\/a>, 2036-11-09. “Huh?” you inquire? These things are full of dividend, having a record date of November 15<\/a>, and therefore go ex-dividend tomorrow<\/strong> (Rememberance Day).<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n50,000<\/td>\nOn one trade, a cross by Scotia at $24.55.<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nPerpetualDiscount<\/td>\n46,515<\/td>\nUp a bit today. Volume continues to be heavy after the clearance sale<\/a>.<\/td>\n<\/tr>\n
HSB.PR.D<\/td>\nPerpetualPremium<\/td>\n45,800<\/td>\nNational crossed 37,100 at 26.65; they closed at $26.64-78, 3×9. YTW is 4.16% based on a call 2015-1-30, which seems pretty skimpy.<\/td>\n<\/tr>\n<\/table>\n

There were nine other index-included issues trading over 10,000 shares today.<\/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-266","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/266","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=266"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/266\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}