{"id":32266,"date":"2006-09-12T21:54:37","date_gmt":"2006-09-13T01:54:37","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=105"},"modified":"2006-09-12T21:54:37","modified_gmt":"2006-09-13T01:54:37","slug":"september-12-2006","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=32266","title":{"rendered":"September 12, 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>\nCurrent Yield (at bid)<\/td>\nYTW<\/td>\nAverage Trading Value<\/td>\nMod Dur (YTW)<\/td>\nIssues<\/td>\nDay’s Perf.<\/td>\nIndex Value<\/td>\n<\/tr>\n
Ratchet<\/td>\n4.45%<\/td>\n4.47%<\/td>\n39,089<\/td>\n16.52<\/td>\n1<\/td>\n0.9024%<\/td>\n1,001.2<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n4.92%<\/td>\n3.95%<\/td>\n317,347<\/td>\n11.49<\/td>\n6<\/td>\n0.1072%<\/td>\n1,007.7<\/td>\n<\/tr>\n
Floater<\/td>\n4.63%<\/td>\n-15.40%<\/td>\n85,825<\/td>\n8.04<\/td>\n4<\/td>\n-0.2357%<\/td>\n1,010.2<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.68%<\/td>\n2.40%<\/td>\n74,431<\/td>\n2.40<\/td>\n18<\/td>\n0.0231%<\/td>\n1,011.5<\/td>\n<\/tr>\n
Split-Share<\/td>\n4.97%<\/td>\n3.75%<\/td>\n53,053<\/td>\n2.73<\/td>\n10<\/td>\n-0.1466%<\/td>\n1,009.7<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.82%<\/td>\n5.54%<\/td>\n57,182<\/td>\n2.09<\/td>\n7<\/td>\n-0.0066%<\/td>\n1,017.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.14%<\/td>\n4.27%<\/td>\n179,804<\/td>\n4.28<\/td>\n48<\/td>\n0.0583%<\/td>\n1,022.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.62%<\/td>\n4.64%<\/td>\n313,266<\/td>\n16.16<\/td>\n6<\/td>\n-0.1147%<\/td>\n1,028.8<\/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
AL.PR.E<\/td>\nFloater<\/td>\n-1.0822%<\/td>\nGiving up most of yesterday’s gains on volume of 560 shares.<\/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
CM.PR.A<\/td>\nOpRet<\/td>\n202,370<\/td>\nNesbitt crossed 200,000 @ $27.23. This issue has a YTW of only 1.11% at the closing bid of 27.17, based on a call at the first opportunity, commencing 2007-10-31 at a price of 25.75. The annual dividend of $1.325 is very rich for a highly rated operating retractible – CGI.PR.C trades at a fat premium paying only $0.975 – but even if the issue survives until just before its retraction date it will only have yielded 3.52%<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n126,910<\/td>\nNesbitt executed an internal cross of 87,300 shares at 24.31<\/td>\n<\/tr>\n
TD.PR.O<\/td>\nPerpetualPremium<\/td>\n109,200<\/td>\n\u00a0<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nScraps<\/td>\n42,300<\/td>\nDesjardins crossed 20,000 @ 25.35, then bought 21,300 from Nesbitt at the same price. This issue is in the “Scraps” index due to its normally low volume, so today is a red-letter day!<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nPerpetualDiscount<\/td>\n37,150<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

There were sixteen 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 Current Yield (at bid) YTW Average Trading Value Mod Dur (YTW) Issues Day’s Perf. …<\/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-32266","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32266","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=32266"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32266\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}