{"id":7855,"date":"2009-09-10T22:17:26","date_gmt":"2009-09-11T02:17:26","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=7855"},"modified":"2009-09-10T22:17:26","modified_gmt":"2009-09-11T02:17:26","slug":"september-10-2009","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=7855","title":{"rendered":"September 10, 2009"},"content":{"rendered":"

Volume picked up today, but results were mixed, with PerpetualDiscounts losing 5bp and FixedResets gaining 16bp.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices<\/strong>
Values are provisional and are finalized monthly<\/td>\n<\/tr>\n
Index<\/td>\nMean
Current
Yield
(at bid)<\/td>\n		Median
YTW<\/td>\n		Median
Average
Trading
Value<\/td>\n		Median
Mod Dur
(YTW)<\/td>\n		Issues<\/td>\nDay’s Perf.<\/td>\nIndex Value<\/td>\n<\/tr>\n
Ratchet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2877 %<\/td>\n1,445.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n5.73 %<\/td>\n3.99 %<\/td>\n59,398<\/td>\n18.61<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,681.7<\/td>\n<\/tr>\n
Floater<\/td>\n2.52 %<\/td>\n2.12 %<\/td>\n29,559<\/td>\n22.10<\/td>\n4<\/td>\n-0.2877 %<\/td>\n1,805.2<\/td>\n<\/tr>\n
OpRet<\/td>\n4.87 %<\/td>\n-12.15 %<\/td>\n139,737<\/td>\n0.09<\/td>\n15<\/td>\n0.0204 %<\/td>\n2,277.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n6.41 %<\/td>\n6.50 %<\/td>\n1,051,435<\/td>\n4.06<\/td>\n2<\/td>\n0.3774 %<\/td>\n2,061.7<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0204 %<\/td>\n2,082.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.77 %<\/td>\n5.48 %<\/td>\n150,701<\/td>\n2.86<\/td>\n12<\/td>\n0.1618 %<\/td>\n1,879.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.69 %<\/td>\n5.76 %<\/td>\n196,088<\/td>\n14.26<\/td>\n59<\/td>\n-0.0545 %<\/td>\n1,803.8<\/td>\n<\/tr>\n
FixedReset<\/td>\n5.49 %<\/td>\n4.04 %<\/td>\n475,655<\/td>\n4.08<\/td>\n40<\/td>\n0.1560 %<\/td>\n2,108.9<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
CIU.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2039-09-10
\nMaturity Price : 20.26
\nEvaluated at bid price : 20.26
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n-1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2039-09-10
\nMaturity Price : 21.46
\nEvaluated at bid price : 21.46
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n
ENB.PR.A<\/td>\nPerpetual-Premium<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2009-10-10
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.30
\nBid-YTW : -7.26 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nPerpetual-Discount<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2039-09-10
\nMaturity Price : 20.32
\nEvaluated at bid price : 20.32
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2039-09-10
\nMaturity Price : 18.62
\nEvaluated at bid price : 18.62
\nBid-YTW : 2.12 %<\/td>\n<\/tr>\n
ELF.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2039-09-10
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.35
\nBid-YTW : 6.32 %<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
Volume Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nShares
Traded<\/td>\n		Notes<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nPerpetual-Discount<\/td>\n168,386<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2039-09-10
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n
BMO.PR.N<\/td>\nFixedReset<\/td>\n75,975<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-03-27
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.85
\nBid-YTW : 3.83 %<\/td>\n<\/tr>\n
TD.PR.R<\/td>\nPerpetual-Discount<\/td>\n56,585<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2039-09-10
\nMaturity Price : 24.78
\nEvaluated at bid price : 25.01
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
RY.PR.Y<\/td>\nFixedReset<\/td>\n56,250<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-12-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.50
\nBid-YTW : 4.09 %<\/td>\n<\/tr>\n
BNS.PR.M<\/td>\nPerpetual-Discount<\/td>\n43,505<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2039-09-10
\nMaturity Price : 20.58
\nEvaluated at bid price : 20.58
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n
BNS.PR.T<\/td>\nFixedReset<\/td>\n37,645<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2014-05-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.86
\nBid-YTW : 3.79 %<\/td>\n<\/tr>\n
There were 53 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Volume picked up today, but results were mixed, with PerpetualDiscounts losing 5bp and FixedResets gaining 16bp. HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly …<\/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-7855","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/7855","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=7855"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/7855\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}