{"id":351,"date":"2006-11-30T22:08:05","date_gmt":"2006-12-01T02:08:05","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=351"},"modified":"2006-11-30T22:08:05","modified_gmt":"2006-12-01T02:08:05","slug":"november-30-2006","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=351","title":{"rendered":"November 30, 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>\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>\n4.25%<\/td>\n4.18%<\/td>\n31,759<\/td>\n10.44<\/td>\n2<\/td>\n-0.0592%<\/td>\n1,020.3<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n4.80%<\/td>\n3.83%<\/td>\n102,080<\/td>\n8.43<\/td>\n7<\/td>\n+0.0284%<\/td>\n1,030.1<\/td>\n<\/tr>\n
Floater<\/td>\n4.46%<\/td>\n-23.39%<\/td>\n62,948<\/td>\n6.59<\/td>\n5<\/td>\n+0.0863%<\/td>\n1,038.9<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.65%<\/td>\n-0.83%<\/td>\n81,579<\/td>\n2.24<\/td>\n18<\/td>\n+0.1305%<\/td>\n1,032.8<\/td>\n<\/tr>\n
Split-Share<\/td>\n4.96%<\/td>\n2.89%<\/td>\n142,601<\/td>\n3.31<\/td>\n9<\/td>\n+0.4596%<\/td>\n1,039.8<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.92%<\/td>\n5.91%<\/td>\n70,697<\/td>\n3.87<\/td>\n7<\/td>\n-0.0537%<\/td>\n1,021.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.04%<\/td>\n3.41%<\/td>\n207,761<\/td>\n4.06<\/td>\n48<\/td>\n+0.1714%<\/td>\n1,050.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.60%<\/td>\n4.61%<\/td>\n1,094,641<\/td>\n14.20<\/td>\n9<\/td>\n+0.0318%<\/td>\n1,046.4<\/td>\n<\/tr>\n<\/table>\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-1.1089%<\/td>\nStill<\/a> bouncing around<\/a>. It will be most interesting to see what has happened with respect to the annual redemption feature<\/a>.<\/td>\n<\/tr>\n
FFN.PR.A<\/td>\nSplitShare<\/td>\n+1.4164%<\/td>\nAdd this one to the list of Issues I Don’t Understand. At the closing bid of $10.74, this issue has a YTW of 2.66% based on its maturity 2009-12-01 at $10.00. Bond-equivalent is 3.72%, you can do better than that with a three-year Canada.<\/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.I<\/td>\nPerpetualDiscount<\/td>\n96,275<\/td>\nRecent new issue<\/a>.<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nPerpetualDiscount<\/td>\n51,020<\/td>\nRecent blue-light special<\/a>.<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nPerpetualDiscount<\/td>\n38,150<\/td>\nClosed at $24.66-69 for a YTW of 4.55% based on a limitMaturity<\/a>.<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetualDiscount<\/td>\n25,570<\/td>\nRecent New Issue<\/a>.<\/td>\n<\/tr>\n
ELF.PR.G<\/td>\nPerpetualPremium<\/td>\n25,500<\/td>\nNesbitt bought every share traded, in six tranches. At the closing bid of $25.41, YTW is 4.63% based on a call at par 2015-11-16.<\/td>\n<\/tr>\n<\/table>\n

There were thirteen other index-included issues trading over 10,000 shares today.<\/p>\n

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\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 Mean Current Yield (at bid) Mean YTW Mean Average Trading Value Mean Mod Dur …<\/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-351","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/351","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=351"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/351\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}