{"id":6960,"date":"2009-06-19T21:26:34","date_gmt":"2009-06-20T01:26:34","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=6960"},"modified":"2009-06-19T21:26:34","modified_gmt":"2009-06-20T01:26:34","slug":"bmoprp-settles-at-slight-premium-on-huge-volume","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=6960","title":{"rendered":"BMO.PR.P Settles at Slight Premium on Huge Volume"},"content":{"rendered":"<p>BMO.PR.P, the new FixedReset 5.40%+241 <a href=\"http:\/\/www.prefblog.com\/?p=6854\">announced last week<\/a>, settled today and traded 889,295 shares in a range of 25.05-19 before closing at 25.09-12, 10&#215;18.<\/p>\n<p>The deal size was 14-million shares (=$350-million) with a 2-million share (=$50-million) greenshoe. It is not clear whether or not the greenshoe has been exercised.<\/p>\n<p>Vital statistics are:<\/p>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td>BMO.PR.P<\/td>\n<td>FixedReset<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-06-19<br \/>\nMaturity Price  : 23.15<br \/>\nEvaluated at bid price : 25.09<br \/>\nBid-YTW : 5.07 %<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>BMO.PR.P has been added to the HIMIPref&trade; FixedResets subindex.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BMO.PR.P, the new FixedReset 5.40%+241 announced last week, settled today and traded 889,295 shares in a range of 25.05-19 before closing at 25.09-12, 10&#215;18. The deal size was 14-million shares (=$350-million) with a 2-million share &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-6960","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/6960","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=6960"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/6960\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}