{"id":675,"date":"2007-03-12T21:50:30","date_gmt":"2007-03-13T01:50:30","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=675"},"modified":"2007-03-12T21:50:30","modified_gmt":"2007-03-13T01:50:30","slug":"march-12-2007","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=675","title":{"rendered":"March 12, 2007"},"content":{"rendered":"
\n\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>\n4.01%<\/td>\n3.82%<\/td>\n83,868<\/td>\n3.88<\/td>\n1<\/td>\n0.3185%<\/td>\n1,050.7<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n4.97%<\/td>\n3.45%<\/td>\n109,132<\/td>\n4.59<\/td>\n5<\/td>\n+0.0160%<\/td>\n1,041.6<\/td>\n<\/tr>\n
Floater<\/td>\n4.70%<\/td>\n-17.30%<\/td>\n74,613<\/td>\n11.03<\/td>\n3<\/td>\n+0.0916%<\/td>\n1,051.0<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.70%<\/td>\n2.59%<\/td>\n76,216<\/td>\n2.14<\/td>\n17<\/td>\n+0.0623%<\/td>\n1,033.8<\/td>\n<\/tr>\n
Split-Share<\/td>\n5.07%<\/td>\n0.44%<\/td>\n189,839<\/td>\n3.22<\/td>\n15<\/td>\n-0.0188%<\/td>\n1,044.1<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.47%<\/td>\n3.25%<\/td>\n67,295<\/td>\n2.33<\/td>\n5<\/td>\n+0.1062%<\/td>\n1,043.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.00%<\/td>\n3.69%<\/td>\n245,160<\/td>\n5.20<\/td>\n53<\/td>\n-0.0206%<\/td>\n1,057.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.53%<\/td>\n4.53%<\/td>\n788,287<\/td>\n12.16<\/td>\n9<\/td>\n+0.1294%<\/td>\n1,068.0<\/td>\n<\/tr>\n<\/table>\n<\/div>\n\n\n\n\n
Major Price Changes<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
SXT.PR.A<\/td>\nSplitShare<\/td>\n+1.1067%<\/td>\nMakes at least some sense, since today is the first day of trading in post-redemption shares<\/a>. I wonder if the sellers knew that?<\/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
SLF.PR.E<\/td>\nPerpetualDiscount<\/td>\n220,785<\/td>\nRBC crossed 214,500 at 25.00. Did both sides pay a nickel a share? Nice work, if so! Now with a pre-tax bid-YTW of 4.49% based on a bid of $25.00 and a call 2016-4-30 at $25.00.<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetualPremium<\/td>\n70,000<\/td>\nScotia crossed 65,000 at $26.45. Now with a pre-tax bid-YTW of 4.27% based on a bid of $26.43 and a call 2014-11-30 at $25.00.<\/td>\n<\/tr>\n
LBS.PR.A<\/td>\nSplitShare<\/td>\n152,322<\/td>\nScotia crossed 27,700 at $10.60 and 85,000 at 10.70. Now with a pre-tax bid-YTW of 4.31% based on a bid of $10.64 and a hardMaturity<\/a> 2013-11-29 at $10.00<\/td>\n<\/tr>\n
SLF.PR.A<\/td>\nPerpetualPremium<\/td>\n54,050<\/td>\nScotia crossed 50,000 at $25.74. Now with a pre-tax bid-YTW of 4.27% based on a bid of $25.71 and a call 2014-4-30 at $25.00.<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n47,165<\/td>\nDesjardins crossed 40,000 at $25.05.<\/td>\n<\/tr>\n<\/table>\n

There were fourteen other “$25 p.v. equivalent” 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. 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-675","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/675","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=675"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/675\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}