{"id":733,"date":"2007-04-04T00:13:25","date_gmt":"2007-04-04T04:13:25","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=733"},"modified":"2007-04-04T00:13:25","modified_gmt":"2007-04-04T04:13:25","slug":"april-3-2007","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=733","title":{"rendered":"April 3, 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>\n4.14%<\/td>\n4.04%<\/td>\n46,177<\/td>\n17.11<\/td>\n2<\/td>\n-0.1585%<\/td>\n1,050.0<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n4.92%<\/td>\n3.92%<\/td>\n83,859<\/td>\n17.17<\/td>\n6<\/td>\n+0.1393%<\/td>\n1,038.3<\/td>\n<\/tr>\n
Floater<\/td>\n4.57%<\/td>\n-20.01%<\/td>\n60,320<\/td>\n0.13<\/td>\n4<\/td>\n+0.1974%<\/td>\n1,057.2<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.72%<\/td>\n3.12%<\/td>\n85,510<\/td>\n2.15<\/td>\n17<\/td>\n-0.0459%<\/td>\n1,034.0<\/td>\n<\/tr>\n
Split-Share<\/td>\n5.00%<\/td>\n3.74%<\/td>\n174,820<\/td>\n3.29<\/td>\n12<\/td>\n-0.1428%<\/td>\n1,050.0<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.54%<\/td>\n3.03%<\/td>\n64,071<\/td>\n2.30<\/td>\n5<\/td>\n+0.0125%<\/td>\n1,042.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.03%<\/td>\n3.84%<\/td>\n197,908<\/td>\n5.12<\/td>\n53<\/td>\n-0.0705%<\/td>\n1,058.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.53%<\/td>\n4.54%<\/td>\n827,894<\/td>\n16.34<\/td>\n10<\/td>\n-0.0158%<\/td>\n1,066.9<\/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
CU.PR.B<\/td>\nPerpetualPremium<\/td>\n-1.0989%<\/td>\nI suppose the new issue announcement<\/a> has alerted some to the idea that the various high-coupon, high-premium CU issues may be less perpetual than has been assumed! Now with a pre-tax bid-YTW of 3.03% based on a bid of $27.00 and a call 2008-7-1 at $26.00.<\/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
NA.PR.K<\/td>\nPerpetualPremium<\/td>\n129,000<\/td>\nNow with a pre-tax bid-YTW of 3.22% based on a bid of 26.93 and a call 2008-6-14 at $26.00<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nPerpetualDiscount<\/td>\n83,250<\/td>\nNow with a pre-tax bid-YTW of 4.51% based on a bid of $25.00 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
WN.PR.B<\/td>\nOpRet<\/td>\n26,144<\/td>\nNow with a pre-tax bid-YTW of 3.13% based on a bid of $26.10 and a softMaturity<\/a> 2009-6-30 at $25.00<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nPerpetualDiscount<\/td>\n22,338<\/td>\nNow with a pre-tax bid-YTW of 4.50% based on a bid of 24.78 and a limitMaturity.<\/td>\n<\/tr>\n
RY.PR.F<\/td>\nPerpetualDiscount<\/td>\n18,860<\/td>\nNow with a pre-tax bid-YTW of 4.53% based on a bid of 24.70 and a limitMaturity.<\/td>\n<\/tr>\n<\/table>\n

There were thirteen 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-733","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/733","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=733"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/733\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}