{"id":32228,"date":"2006-08-10T19:42:56","date_gmt":"2006-08-10T23:42:56","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=65"},"modified":"2006-08-10T19:42:56","modified_gmt":"2006-08-10T23:42:56","slug":"split-share-yield-curve-2006-08-09","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=32228","title":{"rendered":"Split-Share Yield Curve, 2006-08-09"},"content":{"rendered":"<p>Here&#8217;s another yield curve for your inspection and criticism! <img decoding=\"async\" src=\"http:\/\/www.prefblog.com\/wp-content\/uploads\/2006\/08\/YTW_ModDur_splitShare.jpg\" \/><\/p>\n<p>The CGI.PR.C are by far the longest-duration split-shares available and, it should be noted, have a <a href=\"http:\/\/www.dbrs.com\">DBRS<\/a> credit rating of Pfd-1, very unusual for a split share corporation. I issued a <a href=\"http:\/\/www.himivest.com\/media\/060217CGI.pdf\">press release<\/a> on them when they were issued in February. They&#8217;re redeemable commencing in June, 2011 @ $26.00, declining annually to a price of $25 commencing June, 2015. They&#8217;re retractible at $25 commencing June, 2016.<\/p>\n<p>The most liquid securities of the group are the WFS.PR.A and PIC.PR.A, with <a href=\"http:\/\/www.prefshares.com\/glossary.html#AverageTradingValue\">Average Trading Values<\/a> of about $120,000 and $170,000, respectively.<\/p>\n<p>\u00a0For other information on these issues you can, as always, take a look at <a href=\"http:\/\/www.prefinfo.com\">prefInfo.com<\/a>.\n<\/p>\n<p><!--70dd2b873bd251532bc4e6bbe2e31e5b--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here&#8217;s another yield curve for your inspection and criticism! The CGI.PR.C are by far the longest-duration split-shares available and, it should be noted, have a DBRS credit rating of Pfd-1, very unusual for a split &hellip;<\/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-32228","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32228","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=32228"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32228\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}