{"id":31991,"date":"2016-01-15T02:40:33","date_gmt":"2016-01-15T07:40:33","guid":{"rendered":"http:\/\/prefblog.com\/?p=31991"},"modified":"2016-01-15T02:40:33","modified_gmt":"2016-01-15T07:40:33","slug":"td-pf-g-closes-at-good-premium-on-enormous-volume","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=31991","title":{"rendered":"TD.PF.G Closes at Good Premium on Enormous Volume"},"content":{"rendered":"

IIROC announced<\/a>:<\/p>\n

The following issues have been halted by IIROC:
…<\/b>
Company: The Toronto-Dominion BankNON-CUMULATIVE 5-YEAR RATE RESET CLASS AFIRST PREFERRED SHARES, SERIES 12<\/p>\n

TSX Symbol: TD.PF.G<\/p>\n

Reason: Pending Closing<\/p>\n

Halt Time (ET): 7:57 AM ET<\/p><\/blockquote>\n

They later announced<\/a>:<\/p>\n

Trading resumes in:<\/p>\n

Company: The Toronto-Dominion Bank NON-CUMULATIVE 5-YEAR RATE RESET CLASS A FIRST PREFERRED SHARES, SERIES 12<\/p>\n

TSX Symbol: TD.PF.G<\/p>\n

Resumption (ET): 9:30 AM ET<\/p><\/blockquote>\n

There was no announcement from the company.<\/p>\n

TD.PF.G is a FixedReset, 5.50%+466, NVCC-compliant issue, announced January 5<\/a>. This issue will be tracked by HIMIPref™ and has been assigned to the FixedReset subindex.<\/p>\n

The issue traded 2,212,913 shares in a range of 25.27-44 before closing at 25.34-35, 8×8. This enormous volume gains it 19th place in the HIMIPref™ database ranked by one-day volume and the largest since 2006-12-15, when FBS.PR.B was issued<\/a>. That was only a Split-Share, though, with a $10 par value; if we restrict the list to $25 pv issues, today’s TD.PF.G volume is the greatest since 2005-11-8, when 2,540,400 shares of BCE.PR.A changed hands … PrefBlog didn’t exist then!<\/p>\n

So, yeah, that was a lot of trading, as befits an issue size of $700-million!<\/p>\n

Vital statistics are:<\/p>\n

\n\n\n
TD.PF.G<\/td>\nFixedReset<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-01-14
\nMaturity Price : 23.25
\nEvaluated at bid price : 25.34
\nBid-YTW : 5.21 %<\/td>\n<\/tr>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

IIROC announced: The following issues have been halted by IIROC:…Company: The Toronto-Dominion BankNON-CUMULATIVE 5-YEAR RATE RESET CLASS AFIRST PREFERRED SHARES, SERIES 12 TSX Symbol: TD.PF.G Reason: Pending Closing Halt Time (ET): 7:57 AM ET They …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-31991","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/31991","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=31991"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/31991\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}