{"id":496,"date":"2007-01-19T22:57:18","date_gmt":"2007-01-20T02:57:18","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=496"},"modified":"2007-01-19T22:57:18","modified_gmt":"2007-01-20T02:57:18","slug":"january-19-2007","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=496","title":{"rendered":"January 19, 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>\n4.06%<\/td>\n4.08%<\/td>\n24,910<\/td>\n17.30<\/td>\n1<\/td>\n-0.0804%<\/td>\n1,029.6<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n4.76%<\/td>\n3.18%<\/td>\n75,254<\/td>\n10.73<\/td>\n7<\/td>\n-0.2642%<\/td>\n1,045.4<\/td>\n<\/tr>\n
Floater<\/td>\n4.56%<\/td>\n-23.76%<\/td>\n63,524<\/td>\n8.23<\/td>\n4<\/td>\n+0.0688%<\/td>\n1,043.8<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.68%<\/td>\n2.09%<\/td>\n78,173<\/td>\n2.01<\/td>\n17<\/td>\n-0.0479%<\/td>\n1,031.4<\/td>\n<\/tr>\n
Split-Share<\/td>\n5.05%<\/td>\n0.37%<\/td>\n393,412<\/td>\n2.84<\/td>\n11<\/td>\n+0.1033%<\/td>\n1,045.4<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.70%<\/td>\n5.50%<\/td>\n74,192<\/td>\n2.63<\/td>\n6<\/td>\n-0.1111%<\/td>\n1,035.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.02%<\/td>\n3.65%<\/td>\n230,544<\/td>\n5.37<\/td>\n55<\/td>\n-0.0461%<\/td>\n1,051.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.50%<\/td>\n4.53%<\/td>\n1,482,997<\/td>\n16.36<\/td>\n5<\/td>\n-0.0077%<\/td>\n1,055.3<\/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
RY.PR.E<\/td>\nPerpetualDiscount<\/td>\n313,249<\/td>\nNew issue settled today<\/a>. Now with a pre-tax bid-YTW of 4.53% based on a bid of $24.90 and a limitMaturity<\/a><\/td>\n<\/tr>\n
PIC.PR.A<\/td>\nSplitShare<\/td>\n77,623<\/td>\nIt’s not often a seasoned splitShare makes it to the volume list! Desjardins bought 15,000 from RBC at $16.15, then crossed 60,000 at the same price. Now with a pre-tax bid-YTW of 3.63% based on a bid of $16.10 and a hardMaturity<\/a> 2010-11-01 at $15.00. That’s an interest-equivalent for high-bracket Ontarians<\/a> of 5.08% … not bad for a less than three year term!<\/td>\n<\/tr>\n
BMO.PR.J<\/td>\nPerpetualDiscount<\/td>\n29,375<\/td>\nRecent new issue<\/a>. Now with a pre-tax bid-YTW of 4.53% based on a bid of $24.93 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetualPremium<\/td>\n20,500<\/td>\nRBC bought a total of 14,600 from Scotia in four tranches [2,000 at $26.15, the rest at $26.10] and 1,300 in two other trades at $26.05. Now with a pre-tax bid-YTW of 4.32% based on a bid of $26.05 and a call 2014-11-30 at $25.00.<\/td>\n<\/tr>\n
LBS.PR.A<\/td>\nSplitShare<\/td>\n48,720<\/td>\nNow with a pre-tax bid-YTW of 3.93%, based on a bid of $10.81 and a hardMaturity 2013-11-29 at $10.00. Interest equivalent for rich people in Ontario of 5.50% … not bad for investment-grade 7-year paper!<\/td>\n<\/tr>\n<\/table>\n

There were ten 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-496","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/496","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=496"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/496\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}