{"id":317,"date":"2006-11-21T22:51:48","date_gmt":"2006-11-22T02:51:48","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=317"},"modified":"2006-11-21T22:51:48","modified_gmt":"2006-11-22T02:51:48","slug":"november-21-2006","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=317","title":{"rendered":"November 21, 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>\n4.21%<\/td>\n4.18%<\/td>\n31,888<\/td>\n10.47<\/td>\n2<\/td>\n+0.0804%<\/td>\n1,018.7<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n4.81%<\/td>\n3.90%<\/td>\n114,214<\/td>\n8.93<\/td>\n7<\/td>\n+0.0625%<\/td>\n1,028.2<\/td>\n<\/tr>\n
Floater<\/td>\n4.49%<\/td>\n-20.18%<\/td>\n65,007<\/td>\n6.56<\/td>\n5<\/td>\n-0.3206%<\/td>\n1,031.3<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.66%<\/td>\n0.98%<\/td>\n79,202<\/td>\n2.25<\/td>\n18<\/td>\n-0.0224%<\/td>\n1,027.8<\/td>\n<\/tr>\n
Split-Share<\/td>\n4.99%<\/td>\n3.29%<\/td>\n151,621<\/td>\n3.32<\/td>\n9<\/td>\n+0.3434%<\/td>\n1,031.0<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.94%<\/td>\n6.12%<\/td>\n66,549<\/td>\n2.36<\/td>\n7<\/td>\n+0.0317%<\/td>\n1,016.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.08%<\/td>\n3.99%<\/td>\n218,219<\/td>\n4.20<\/td>\n49<\/td>\n-0.0572%<\/td>\n1,042.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.64%<\/td>\n4.66%<\/td>\n1,036,849<\/td>\n16.12<\/td>\n9<\/td>\n-0.0757%<\/td>\n1,035.3<\/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
CGI.PR.C<\/td>\nSplitShare<\/td>\n+1.0959%<\/td>\nGood return for this index today, led by this issue on volume of … 950 shares! Closed at 25.83-97, 3×5, pre-tax bid-YTW of 3.59% based on a softMaturity<\/a> 2016-6-14.<\/td>\n<\/tr>\n<\/table>\n\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
GWO.PR.I<\/td>\nPerpetualDiscount<\/td>\n189,913<\/td>\nClosed at 24.70-75 for a pre-tax YTW of 4.61%, 10bp more than the RY.PR.A.<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nPerpetualDiscount<\/td>\n168,700<\/td>\nClosed at 24.80-94 for a pre-tax YTW of 4.53%<\/td>\n<\/tr>\n
RY.PR.B<\/td>\nPerpetualPremium<\/td>\n144,050<\/td>\nClosed at 25.60-78 for a pre-tax bid-YTW of 4.39%, based on a call at par on 2015-9-23<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetualPremium<\/td>\n128,360<\/td>\nClosed at 26.36-54 for a pre-tax bid-YTW of 4.43%, based on a call at par on 2015-11-30.<\/td>\n<\/tr>\n
CM.PR.I<\/td>\nPerpetualDiscount<\/td>\n119,375<\/td>\nA recent new issue<\/a>, closed at 24.89-94 for a pre-tax bid-YTW of 4.74%<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetualDiscount<\/td>\n114,750<\/td>\nAn even more recent new issue<\/a>, closed at 24.53-60 for a pre-tax bid-YTW of 4.86%. Remember that DBRS<\/a> has this as Pfd-2(low), so it’s not as good quality as the issues listed above!<\/td>\n<\/tr>\n
ACO.PR.A<\/td>\nOpRet<\/td>\n104,011<\/td>\nFinally! A non-perpetual issue that is seasoned: issued 2001-7-10. Pre-Tax YTW is 1.68%, based on a call 2008-12-31 at $26.00. Desjardins crossed 100,000 at 28.06.<\/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-317","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/317","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=317"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/317\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}