{"id":401,"date":"2006-12-14T22:51:36","date_gmt":"2006-12-15T02:51:36","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=401"},"modified":"2006-12-14T22:51:36","modified_gmt":"2006-12-15T02:51:36","slug":"december-14-2006","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=401","title":{"rendered":"December 14, 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>\n4.21%<\/td>\n4.23%<\/td>\n34,748<\/td>\n17.00<\/td>\n1<\/td>\n+0.1215%<\/td>\n1,021.1<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n4.80%<\/td>\n3.87%<\/td>\n101,228<\/td>\n8.38<\/td>\n7<\/td>\n+0.2368%<\/td>\n1,031.4<\/td>\n<\/tr>\n
Floater<\/td>\n4.48%<\/td>\n-19.95%<\/td>\n62,955<\/td>\n3.47<\/td>\n5<\/td>\n+0.1340%<\/td>\n1,038.6<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.64%<\/td>\n1.00%<\/td>\n81,973<\/td>\n2.20<\/td>\n17<\/td>\n-0.0475%<\/td>\n1,031.6<\/td>\n<\/tr>\n
Split-Share<\/td>\n5.12%<\/td>\n2.41%<\/td>\n140,006<\/td>\n2.71<\/td>\n8<\/td>\n+0.2179%<\/td>\n1,040.6<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.95%<\/td>\n5.31%<\/td>\n78,518<\/td>\n2.34<\/td>\n7<\/td>\n-0.0019%<\/td>\n1,025.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.01%<\/td>\n3.73%<\/td>\n294,853<\/td>\n4.29<\/td>\n52<\/td>\n+0.0288%<\/td>\n1,052.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.55%<\/td>\n4.54%<\/td>\n946,271<\/td>\n13.31<\/td>\n6<\/td>\n+0.1151%<\/td>\n1,054.2<\/td>\n<\/tr>\n<\/table>\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
FFN.PR.A<\/td>\nSplitShare<\/td>\n-1.4006%<\/td>\nNow with an entirely reasonably pre-tax bid-YTW of 3.31% based on a bid of $10.56 and a hardMaturity<\/a> at $10.00 on 2009-12-1<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nPerpetualPermium<\/td>\n+1.1949%<\/td>\nNow with a pre-tax bid-YTW of 3.51% based on a bid of $27.10 and a call 2010-1-30 at $26.00. If it makes it to the $25.00 call 2014-1-30, it will have yielded 3.83%. I call it expensive.<\/td>\n<\/tr>\n
WFS.PR.A<\/td>\nSplitShare<\/td>\n+1.2299%<\/td>\nNow with a pre-tax bid-YTW of 3.54% based on a bid of $10.70 and a hard maturity 2011-6-30 at $10.00. An entirely reasonably priced issue.<\/td>\n<\/tr>\n
BSD.PR.A<\/td>\nInterestBearing<\/td>\n+1.4199%<\/td>\nNow with a pre-tax bid-YTW of 6.05% (as interest!) based on a bid of $10.00 and a hard maturity 2015-3-31 at $10.00<\/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>\nPerpetualPremium<\/td>\n102,755<\/td>\nRecent new issue<\/a>. Now with a pre-tax bid-YTW of 4.57% based on a bid of $25.40 and a call 2016-3-1 at $25.00<\/td>\n<\/tr>\n
BCE.PR.R<\/td>\nFixedFloater<\/td>\n148,375<\/td>\nMaple<\/a> crossed 140,000 on a cash basis at $25.36.<\/td>\n<\/tr>\n
BCE.PR.T<\/td>\nScraps<\/td>\n141,000<\/td>\nMaple crossed 139,000 for cash at $25.40. They were busy today!<\/td>\n<\/tr>\n
GWO.PR.F<\/td>\nPerpetualPremium<\/td>\n136,245<\/td>\nAlso a heavy trader yesterday<\/a>. Pre-tax bid-YTW of 1.21% based on a bid of $28.09 and a call 2008-10-30 at $26.00. Even more expensive than the GWO.PR.G mentioned above, if you want to listen to me.<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetualDiscount<\/td>\n106,390<\/td>\nRecent new issue<\/a>. Now with a pre-tax bid-YTW of 4.65% based on a bid of $25.19 and a call 2016-3-1 at $25.00.<\/td>\n<\/tr>\n<\/table>\n

There were eighteen other index-included issues with over 10,000 shares traded 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 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-401","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/401","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=401"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/401\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}