{"id":6687,"date":"2009-05-28T00:18:46","date_gmt":"2009-05-28T04:18:46","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=6687"},"modified":"2009-05-28T00:18:46","modified_gmt":"2009-05-28T04:18:46","slug":"iiac-releases-1q09-equity-report","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=6687","title":{"rendered":"IIAC Releases 1Q09 Equity Report"},"content":{"rendered":"<p>The Investment Industry Association of Canada <a href=\"http:\/\/www.iiac.ca\/Upload\/Q1_09_Equity.pdf\">has released<\/a> its First Quarter Report on Equity New Issues and Trading:<\/p>\n<blockquote><p>Financial institutions shifted from issuing new common shares in the fourth quarter of 2008 to preferred shares in the first quarter of 2009. During Q4\/08 the financial sector issued $7.7 billion of common equity, accounting for 72% of common share issuance, whereas in Q1\/09 only $2.5 billion or 32% was from the financial sector. As a result, total common equity issuance witnessed a 26% pullback from the previous quarter, while preferred shares surged over threefold and reached record highs of $4.4 billion in financings in Q1\/09. Q1\u2019s preferred share issuance equaled 65% of all of 2008\u2019s preferred share issuance (Chart 2).<\/p><\/blockquote>\n<div align=\"center\"><img decoding=\"async\" src=\"http:\/\/www.prefblog.com\/wp-content\/uploads\/2009\/05\/issuancedetails.jpg\"><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.prefblog.com\/wp-content\/uploads\/2009\/05\/issuancetotals.jpg\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Investment Industry Association of Canada has released its First Quarter Report on Equity New Issues and Trading: Financial institutions shifted from issuing new common shares in the fourth quarter of 2008 to preferred shares &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-6687","post","type-post","status-publish","format-standard","hentry","category-interesting-external-papers"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/6687","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=6687"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/6687\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}