{"id":32296,"date":"2008-08-05T14:18:25","date_gmt":"2008-08-05T18:18:25","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=2563"},"modified":"2008-08-05T14:18:25","modified_gmt":"2008-08-05T18:18:25","slug":"august-1-2008","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=32296","title":{"rendered":"August 1, 2008"},"content":{"rendered":"

Another solid up-day, on very light volume.<\/p>\n

\n\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. In this version, index values are based at 1,000.0 on 2006-6-30<\/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>\nN\/A<\/td>\nN\/A<\/td>\nN\/A<\/td>\nN\/A<\/td>\n0<\/td>\nN\/A<\/td>\nN\/A<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n4.69%<\/td>\n4.40%<\/td>\n57,963<\/td>\n16.42<\/td>\n7<\/td>\n-0.0524%<\/td>\n1,089.7<\/td>\n<\/tr>\n
Floater<\/td>\n4.13%<\/td>\n4.16%<\/td>\n55,144<\/td>\n17.07<\/td>\n3<\/td>\n+0.9100%<\/td>\n893.7<\/td>\n<\/tr>\n
Op. Retract<\/td>\n5.00%<\/td>\n4.30%<\/td>\n128,117<\/td>\n2.88<\/td>\n17<\/td>\n+0.1849%<\/td>\n1,041.4<\/td>\n<\/tr>\n
Split-Share<\/td>\n5.36%<\/td>\n6.08%<\/td>\n58,764<\/td>\n4.48<\/td>\n14<\/td>\n-0.1569%<\/td>\n1,032.4<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.31%<\/td>\n5.86%<\/td>\n\n5.28<\/td>\n2<\/td>\n-1.0110%<\/td>\n1,109.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n6.19%<\/td>\n6.08%<\/td>\n73,760<\/td>\n2.28<\/td>\n1<\/td>\n-0.6294%<\/td>\n988.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.25%<\/td>\n6.30%<\/td>\n209,765<\/td>\n13.50<\/td>\n67<\/td>\n+0.1854%<\/td>\n849.5<\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Major Price Changes<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
BSD.PR.A<\/td>\nInterestBearing<\/td>\n-1.9792%<\/td>\nAsset coverage of just under 1.6:1 as of July 25 according to Brookfield Funds<\/a>. Now with a pre-tax bid-YTW of 7.34% (mostly as interest) based on a bid of 9.41 and a hardMaturity<\/a> 2015-3-31 at 10.00.<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nPerpetualDiscount<\/td>\n-1.1471%<\/td>\nNow with a pre-tax bid-YTW of 7.00% based on a bid of 19.82 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
CU.PR.A<\/td>\nPerpetualDiscount<\/td>\n+1.0649%<\/td>\nNow with a pre-tax bid-YTW of 5.90% based on a bid of 24.55 and a limitMaturity.<\/td>\n<\/tr>\n
BAM.PR.I<\/td>\nOpRet<\/td>\n+1.0842%<\/td>\nNow with a pre-tax bid-YTW of 6.32% based on a bid of 24.24 and a softMaturity<\/a> 2013-12-30 at 25.00. Compare with BAM.PR.H (6.44% to 2012-3-30), BAM.PR.J (7.10% to 2018-3-30) and BAM.PR.O (7.13% to 2013-6-30).<\/td>\n<\/tr>\n
CU.PR.B<\/td>\nPerpetualDiscount<\/td>\n+1.1427%<\/td>\nNow with a pre-tax bid-YTW of 6.03% based on a bid of 24.85 and a limitMaturity.<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nPerpetualDiscount<\/td>\n+1.2002%<\/td>\nNow with a pre-tax bid-YTW of 6.15% based on a bid of 18.55 and a limitMaturity.<\/td>\n<\/tr>\n
BNS.PR.J<\/td>\nPerpetualDiscount<\/td>\n+1.2173%<\/td>\nNow with a pre-tax bid-YTW of 5.86% based on a bid of 22.45 and a limitMaturity.<\/td>\n<\/tr>\n
ELF.PR.F<\/td>\nPerpetualDiscount<\/td>\n+1.3158%<\/td>\nNow with a pre-tax bid-YTW of 6.96% based on a bid of 19.25 and a limitMaturity.<\/td>\n<\/tr>\n
ELF.PR.G<\/td>\nPerpetualDiscount<\/td>\n+1.8574%<\/td>\nNow with a pre-tax bid-YTW of 7.07% based on a bid of 17.00 and a limitMaturity.<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n+2.1622%<\/td>\n <\/td>\n<\/tr>\n
IAG.PR.A<\/td>\nPerpetualDiscount<\/td>\n+2.5727%<\/td>\nNow with a pre-tax bid-YTW of 6.36% based on a bid of 18.34 and a limitMaturity.<\/td>\n<\/tr>\n<\/table>\n<\/div>\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>\n89,220<\/td>\nCIBC crossed 86,000 at 18.53. Now with a pre-tax bid-YTW of 6.15% based on a bid of 18.55 and a limitMaturity.<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nPerpetualDiscount<\/td>\n66,050<\/td>\nCIBC crossed 63,000 at 19.40. Now with a pre-tax bid-YTW of 5.93% based on a bid of 19.28 and a limitMaturity.<\/td>\n<\/tr>\n
BAM.PR.O<\/td>\nOpRet<\/td>\n65,688<\/td>\nScotia crossed 42,500 at 22.75. See above.<\/td>\n<\/tr>\n
RY.PR.A<\/td>\nPerpetualDiscount<\/td>\n38,200<\/td>\nCIBC crossed 35,000 at 18.33. Now with a pre-tax bid-YTW of 6.15% based on a bid of 18.16 and a limitMaturity.<\/td>\n<\/tr>\n
RY.PR.W<\/td>\nPerpetualDiscount<\/td>\n33,580<\/td>\nNational crossed 20,000 at 19.60. Now with a pre-tax bid-YTW of 6.27% based on a bid of 19.61 and a limitMaturity.<\/td>\n<\/tr>\n<\/table>\n<\/div>\n

There were five other index-included $25-pv-equivalent issues trading over 10,000 shares today.<\/p>\n","protected":false},"excerpt":{"rendered":"

Another solid up-day, on very light volume. Note that these indices are experimental; the absolute and relative daily values are expected to change in the final version. In this version, index values are based at …<\/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-32296","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32296","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=32296"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32296\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}