{"id":2807,"date":"2008-09-04T13:11:25","date_gmt":"2008-09-04T17:11:25","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=2807"},"modified":"2008-09-04T13:11:25","modified_gmt":"2008-09-04T17:11:25","slug":"fixed-resets-a-review","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=2807","title":{"rendered":"Fixed-Resets: A Review"},"content":{"rendered":"<p>Well, <a href=\"http:\/\/www.prefblog.com\/?p=2769\">as previously noted<\/a>, despite <a href=\"http:\/\/www.prefblog.com\/?p=2200\">my misgivings<\/a>, I have to add the fixed-resets to the HIMIPref&trade; universe since:<\/p>\n<ul>\n<li>There are now 10 issues outstanding, making intra-sectoral swaps a source of potential profit\n<li>They comprise more than 10% of the <a href=\"http:\/\/www.prefblog.com\/?p=2380\">TXPR Index<\/a><\/ul>\n<p>So, not being one to wish to waste perfectly good notes, I thought I&#8217;d review the characteristics of the issues so far:<\/p>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td colspan=\"4\">Fixed-Reset Issues Announced or Issued<br \/>to September 4, 2008<\/td>\n<\/tr>\n<tr>\n<td>Ticker<\/td>\n<td>Initial<br \/>Rate<\/td>\n<td>Reset<br \/>Spread<\/td>\n<td>First<br \/>Exchange<br \/>Date<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.prefblog.com\/?p=2769\">TD.PR.?<\/td>\n<td>5.00%<\/td>\n<td>196 bp<\/td>\n<td>2014-1-31<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.prefblog.com\/?p=2703\">CM.PR.?<\/a><\/td>\n<td>5.35%<\/td>\n<td>218 bp<\/td>\n<td>2014-7-31<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.prefblog.com\/?p=2676\">BNS.PR.?<\/td>\n<td>5.00%<\/td>\n<td>188 bp<\/td>\n<td>2014-1-25<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.prefblog.com\/?p=2351\">TD.PR.Y<\/td>\n<td>5.10%<\/td>\n<td>168 bp<\/td>\n<td>2013-10-31<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.prefblog.com\/?p=2256\">BMO.PR.M<\/td>\n<td>5.20%<\/td>\n<td>165 bp<\/td>\n<td>2013-8-25<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.prefblog.com\/?p=2216\">NA.PR.N<\/a><\/td>\n<td>5.375%<\/td>\n<td>205 bp<\/td>\n<td>2013-8-15<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.prefblog.com\/?p=2204\">TD.PR.S<\/td>\n<td>5.00%<\/td>\n<td>160 bp<\/td>\n<td>2013-7-31<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.prefblog.com\/?p=2197\">BNS.PR.Q<\/td>\n<td>5.00%<\/td>\n<td>170 bp<\/td>\n<td>2013-10-25<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.prefblog.com\/?p=2124\">FTS.PR.G<\/td>\n<td>5.25%<\/td>\n<td>213 bp<\/td>\n<td>2013-9-1<\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.prefblog.com\/?p=1895\">BNS.PR.P<\/td>\n<td>5.00%<\/td>\n<td>205 bp<\/td>\n<td>2013-4-25<\/td>\n<\/tr>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Well, as previously noted, despite my misgivings, I have to add the fixed-resets to the HIMIPref&trade; universe since: There are now 10 issues outstanding, making intra-sectoral swaps a source of potential profit They comprise more &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33,16],"tags":[],"class_list":["post-2807","post","type-post","status-publish","format-standard","hentry","category-data-fixes","category-miscellaneous-news"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/2807","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=2807"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/2807\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}