{"id":447,"date":"2007-01-04T23:11:50","date_gmt":"2007-01-05T03:11:50","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=447"},"modified":"2007-01-04T23:11:50","modified_gmt":"2007-01-05T03:11:50","slug":"january-4-2007","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=447","title":{"rendered":"January 4, 2007"},"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. 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>\n4.08%<\/td>\n4.08%<\/td>\n30,988<\/td>\n17.28<\/td>\n1<\/td>\n-0.0799%<\/td>\n1,035.8<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n4.79%<\/td>\n3.63%<\/td>\n85,715<\/td>\n10.69<\/td>\n7<\/td>\n+0.1012%<\/td>\n1,037.2<\/td>\n<\/tr>\n
Floater<\/td>\n4.58%<\/td>\n-21.16%<\/td>\n66,971<\/td>\n8.25<\/td>\n4<\/td>\n0.1697%<\/td>\n1,039.4<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.66%<\/td>\n1.41%<\/td>\n82,149<\/td>\n2.05<\/td>\n17<\/td>\n+0.0670%<\/td>\n1,033.3<\/td>\n<\/tr>\n
Split-Share<\/td>\n5.11%<\/td>\n1.10%<\/td>\n194,528<\/td>\n2.27<\/td>\n10<\/td>\n+0.2282%<\/td>\n1,044.7<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.70%<\/td>\n5.35%<\/td>\n73,379<\/td>\n2.39<\/td>\n6<\/td>\n+0.3886%<\/td>\n1,035.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n4.99%<\/td>\n3.54%<\/td>\n265,397<\/td>\n4.36<\/td>\n55<\/td>\n+0.1153%<\/td>\n1,055.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.48%<\/td>\n4.50%<\/td>\n793,720<\/td>\n16.41<\/td>\n3<\/td>\n-0.0890%<\/td>\n1,060.8<\/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
MST.PR.A<\/td>\nInterestBearing<\/td>\n+1.3834%<\/td>\nStill with an attactive pre-tax bid-YTW of 5.44%, based on a price of 10.26 and a hardMaturity<\/a> 2009-09-30 at $10.00<\/td>\n<\/tr>\n
IAG.PR.A<\/td>\nPerpetualPremium<\/td>\n+1.3917%<\/td>\nNow with a pre-tax bid-YTW of 4.34% based on a bid of $25.50 and a call 2015-04-30 at $25.00.<\/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
TD.PR.M<\/td>\nOpRet<\/td>\n345,600<\/td>\nGlobal crossed 171,400 for cash<\/a> at $28.28, then crossed 171,400 for regular settlement at $27.98 in with the same timestamp. This issue went ex-Dividend<\/a><\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nScraps<\/td>\n56,600<\/td>\nRBC crossed 35,000 at 25.50, then Scotia bought 11,000 from Desjardins, then crossed 10,000 all at the same price. I only just moved this<\/a> from “Floaters” to “Scraps” on volume considerations. This trading is clearly a conspiracy to make me look silly.<\/td>\n<\/tr>\n
RY.PR.A<\/td>\nPerpetualPremium<\/td>\n25,600<\/td>\nNow with a pre-tax bid-YTW of 4.46%, based on a bid of 25.15 and a call 2015-6-23 at $25.00. The yield for the limitMaturity<\/a> is the same, so take your pick.<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nPerpetualDiscount<\/td>\n24,988<\/td>\nNow with a pre-tax bid-YTW of 4.50% based on a bid of $24.82 and a limitMaturity<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nPerpetualDiscount<\/td>\n18,180<\/td>\nNow with a pre-tax bid-YTW of 4.53% based on a bid of $24.93 and a limitMaturity<\/td>\n<\/tr>\n<\/table>\n

There were six other “$25 p.v. equivalent” index-included issues with over 10,000 shares traded 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. In this version, index values are based at 1,000.0 on 2006-6-30 Index Mean Current Yield …<\/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-447","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/447","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=447"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/447\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}