{"id":32288,"date":"2006-09-26T22:53:17","date_gmt":"2006-09-27T02:53:17","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=128"},"modified":"2006-09-26T22:53:17","modified_gmt":"2006-09-27T02:53:17","slug":"september-26-2006","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=32288","title":{"rendered":"September 26, 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>\n4.37%<\/td>\n4.40%<\/td>\n48,744<\/td>\n16.64<\/td>\n1<\/td>\n0.1608%<\/td>\n1,013.8<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n4.89%<\/td>\n3.98%<\/td>\n272,642<\/td>\n8.99<\/td>\n6<\/td>\n0.0594%<\/td>\n1,014.3<\/td>\n<\/tr>\n
Floater<\/td>\n4.63%<\/td>\n-18.46%<\/td>\n97,450<\/td>\n8.12<\/td>\n4<\/td>\n0.0199%<\/td>\n1,017.2<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.69%<\/td>\n2.44%<\/td>\n84,419<\/td>\n2.44<\/td>\n18<\/td>\n-0.0139%<\/td>\n1,015.1<\/td>\n<\/tr>\n
Split-Share<\/td>\n4.97%<\/td>\n3.07%<\/td>\n60,026<\/td>\n2.67<\/td>\n10<\/td>\n0.2222%<\/td>\n1,014.0<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.85%<\/td>\n4.50%<\/td>\n55,555<\/td>\n2.07<\/td>\n7<\/td>\n0.2376%<\/td>\n1,023.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.14%<\/td>\n4.01%<\/td>\n176,929<\/td>\n4.14<\/td>\n48<\/td>\n-0.0327%<\/td>\n1,027.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.58%<\/td>\n4.60%<\/td>\n331,043<\/td>\n16.23<\/td>\n6<\/td>\n-0.0531%<\/td>\n1,038.5<\/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
There were no index-included issues with major price moves today<\/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.B<\/td>\nPerpetualPremium<\/td>\n257,200<\/td>\nDesjardins crossed 250,000 @ $26.10. With an annual dividend of $1.50, this is a good candidate to be called early next year … if it is, it will still achieve a pre-tax YTW of 3.71% (worth about 5.19% interest equivalent! Not bad for five-month bank paper!)<\/td>\n<\/tr>\n
BC.PR.E<\/td>\nScraps<\/td>\n200,000<\/td>\nEvery single share was crossed by Scotia, in three tranches, at various times throughout the day, at $25.17. For an issue recently removed from the ratchet index<\/a> due to volume concerns, this has sure been trading a lot lately!<\/td>\n<\/tr>\n
CM.PR.A<\/td>\nOpRet<\/td>\n182,600<\/td>\nGlobal crossed 89,200 on a cash basis at $27.21, then ‘another’ 89,200 regular settlement at $26.87. Difference of $0.34, dividend is $0.33125, issue went ex-dividend today. Somebody’s got a capture strategy going!<\/td>\n<\/tr>\n
FTN.PR.A<\/td>\nSplitShares<\/td>\n115,540<\/td>\nPre-tax YTW of 3.24% based on the closing bid of $10.45 and a maturity at $10.00 2008-12-01<\/td>\n<\/tr>\n
IGM.PR.A<\/td>\nOpRet<\/td>\n65,902<\/td>\nScotia crossed 48,900 @ 27.80<\/td>\n<\/tr>\n<\/table>\n

There were nineteen 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 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-32288","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32288","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=32288"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32288\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}