{"id":849,"date":"2007-05-15T23:02:45","date_gmt":"2007-05-16T03:02:45","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=849"},"modified":"2007-05-15T23:02:45","modified_gmt":"2007-05-16T03:02:45","slug":"may-15-2007","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=849","title":{"rendered":"May 15, 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>\n4.90%<\/td>\n4.93%<\/td>\n42,317<\/td>\n15.68<\/td>\n2<\/td>\n+0.1737%<\/td>\n971.7<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n5.55%<\/td>\n4.90%<\/td>\n133,293<\/td>\n15.80<\/td>\n6<\/td>\n-1.1477%<\/td>\n932.6<\/td>\n<\/tr>\n
Floater<\/td>\n4.79%<\/td>\n-2.06%<\/td>\n76,993<\/td>\n11.18<\/td>\n3<\/td>\n-0.2650%<\/td>\n1,048.6<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.75%<\/td>\n3.41%<\/td>\n84,903<\/td>\n2.58<\/td>\n17<\/td>\n-0.1195%<\/td>\n1,032.2<\/td>\n<\/tr>\n
Split-Share<\/td>\n4.95%<\/td>\n4.10%<\/td>\n161,493<\/td>\n4.00<\/td>\n12<\/td>\n+0.1931%<\/td>\n1,049.2<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.51%<\/td>\n6.18%<\/td>\n65,698<\/td>\n3.39<\/td>\n5<\/td>\n+0.1347%<\/td>\n1,046.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.14%<\/td>\n4.39%<\/td>\n172,216<\/td>\n5.36<\/td>\n48<\/td>\n-0.0639%<\/td>\n1,050.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.64%<\/td>\n4.67%<\/td>\n773,492<\/td>\n16.07<\/td>\n19<\/td>\n-0.1614%<\/td>\n1,049.5<\/td>\n<\/tr>\n<\/table>\n<\/div>\n\n\n\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.G<\/td>\nFixFloat<\/td>\n-2.4018%<\/td>\nExchange\/Reset Date is 2011-5-1 (Exchanges with BCE.PR.H); until then, pays 4.35% of par. Closed at 21.13-99, 5×6; the Hs closed at 23.36-49, 27×19.<\/td>\n<\/tr>\n
BCE.PR.I<\/td>\nFixFloat<\/td>\n-1.4831%<\/td>\nExchange\/Reset date is 2011-8-1 (Exchanges with Series ‘AJ’, not issued); until then, pays 4.65% of par. Closed at 21.92-35, 10×15, on volume of 47,082 after Nesbitt crossed 40,000 at 22.25.<\/td>\n<\/tr>\n
BCE.PR.C<\/td>\nFixFloat<\/td>\n-1.4561%<\/td>\nExchange\/Reset date is 2008-03-01 (Exchanges with Series ‘AD’, not issued); until then, pays 5.54% of par. Closed at 23.01-28, 3×1.<\/td>\n<\/tr>\n
RY.PR.F<\/td>\nPerpetualDiscount<\/td>\n-1.3442%<\/td>\nOn light volume of 3,280 shares. Now with a pre-tax bid-YTW of 4.66% based on a bid of 24.22 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
BCE.PR.Z<\/td>\nFixFloat<\/td>\n-1.1178%<\/td>\nExchange\/Reset date is 2007-12-1 (Exchanges with BCE.PR.Y); until then, pays 5.319% of par. Closed at 23.00-49, 24×5, hitting a 52-week low of 23.00 along the way. BCE.PR.Y closed at 23.10-38, 3×1, also hitting a 52-week low of 23.11.<\/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
CU.PR.B<\/td>\nPerpetualPremium<\/td>\n182,075<\/td>\nDesjardins crossed 150,000 at 27.15 for delayed delivery (DD)<\/a>, then two more tranches at the same price, also DD. This issue went ex-dividend for $0.375 today. Now with a pre-tax bid-YTW of 3.58% based on a bid of 26.56 and a call 2008-7-1 at 26.00.<\/td>\n<\/tr>\n
CM.PR.I<\/td>\nPerpetualPremium<\/td>\n95,880<\/td>\nNow with a pre-tax bid-YTW of 4.67% based on a bid of 25.16 and a call 2016-3-1 at 25.00.<\/td>\n<\/tr>\n
BNS.PR.M<\/td>\nPerpetualDiscount<\/td>\n51,500<\/td>\nNow with a pre-tax bid-YTW of 4.58% based on a bid of 24.81 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
BCE.PR.I<\/td>\nFixFloat<\/td>\n47,082<\/td>\nDiscussed above as a major price move.<\/td>\n<\/tr>\n
BNS.PR.L<\/td>\nPerpetualDiscount<\/td>\n33,400<\/td>\nNational Bank crossed 25,000 at 24.85. Now with a pre-tax bid-YTW of 4.56% based on a bid of 24.81 and a limitMaturity.<\/td>\n<\/tr>\n<\/table>\n

There were twenty-five other $25-equivalent index-included issues trading over 10,000 shares 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-849","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/849","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=849"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/849\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}