{"id":758,"date":"2007-04-14T00:00:58","date_gmt":"2007-04-14T04:00:58","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=758"},"modified":"2007-04-14T00:00:58","modified_gmt":"2007-04-14T04:00:58","slug":"april-13-2007","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=758","title":{"rendered":"April 13, 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>\n4.17%<\/td>\n4.14%<\/td>\n45,838<\/td>\n17.04<\/td>\n2<\/td>\n-0.2605%<\/td>\n1,036.7<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n5.00%<\/td>\n4.01%<\/td>\n92,841<\/td>\n17.10<\/td>\n6<\/td>\n-0.0208%<\/td>\n1,022.3<\/td>\n<\/tr>\n
Floater<\/td>\n4.57%<\/td>\n-18.59%<\/td>\n56,979<\/td>\n0.13<\/td>\n4<\/td>\n+0.0592%<\/td>\n1,055.7<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.72%<\/td>\n3.07%<\/td>\n84,123<\/td>\n2.12<\/td>\n17<\/td>\n-0.0130%<\/td>\n1,034.8<\/td>\n<\/tr>\n
Split-Share<\/td>\n5.01%<\/td>\n3.68%<\/td>\n158,554<\/td>\n3.18<\/td>\n12<\/td>\n+0.0095%<\/td>\n1,049.7<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.52%<\/td>\n5.36%<\/td>\n63,646<\/td>\n2.29<\/td>\n5<\/td>\n+0.1509%<\/td>\n1,045.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.04%<\/td>\n3.95%<\/td>\n188,012<\/td>\n5.07<\/td>\n53<\/td>\n-0.0032%<\/td>\n1,059.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.53%<\/td>\n4.55%<\/td>\n890,245<\/td>\n16.31<\/td>\n11<\/td>\n-0.0473%<\/td>\n1,065.5<\/td>\n<\/tr>\n<\/table>\n<\/div>\n\n\n\n\n\n
Major Price Changes<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
BCE.PR.I<\/td>\nFixedFloater<\/td>\n-1.4022%<\/td>\n\u00a0Exchange\/Reset date is 2011-08-01<\/td>\n<\/tr>\n
BCE.PR.R<\/td>\nFixedFloater<\/td>\n+1.0971%<\/td>\n\u00a0Exchange\/Reset date is 2010-12-01<\/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
PWF.PR.I<\/td>\nPerpetualPremium<\/td>\n209,690<\/td>\nNow with a pre-tax bid-YTW of 4.35% based on a bid of $26.34 and a call 2008-05-30 at $26.00<\/td>\n<\/tr>\n
TD.PR.O<\/td>\nPerpetualPremium<\/td>\n60,100<\/td>\nNationalBank crossed 50,000 @ 26.35. Now with a pre-tax bid-YTW of 4.05% based on a bid of 26.29 and a call 2014-11-30 at $25.00.<\/td>\n<\/tr>\n
PIC.PR.A<\/td>\nSplitShare<\/td>\n87,305<\/td>\nNational Bank spent the day buying from Nesbitt. Now with a pre-tax bid-YTW of 3.93% based on a bid of $15.87 and a hardMaturity<\/a> 2010-11-1 at $15.00.<\/td>\n<\/tr>\n
BNS.PR.M<\/td>\nPerpetualDiscount<\/td>\n52,600<\/td>\nRecent new issue<\/a>. Scotia crossed 20,000 @ 24.90. Now with a pre-tax bid-YTW of 4.54% based on a bid of 24.90 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
BCE.PR.A<\/td>\nFixedFloater<\/td>\n35,650<\/td>\nRBC crossed 30,000 @ 24.95. These are convertable into the not-currently-extant series ‘AB’ Ratchet Rates, 2007-9-1, at which point the current dividend of $1.3625 (5.03% of par) will be reset. Bet it’s lower!<\/td>\n<\/tr>\n<\/table>\n

There were seventeen 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-758","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/758","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=758"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/758\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}