{"id":856,"date":"2007-05-18T01:03:55","date_gmt":"2007-05-18T05:03:55","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=856"},"modified":"2007-05-18T01:03:55","modified_gmt":"2007-05-18T05:03:55","slug":"may-17-2007","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=856","title":{"rendered":"May 17, 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>\n4.95%<\/td>\n4.98%<\/td>\n42,381<\/td>\n15.59<\/td>\n2<\/td>\n-0.3851%<\/td>\n974.9<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n5.58%<\/td>\n5.00%<\/td>\n135,867<\/td>\n15.65<\/td>\n6<\/td>\n-0.1057%<\/td>\n927.4<\/td>\n<\/tr>\n
Floater<\/td>\n4.81%<\/td>\n-2.06%<\/td>\n76,997<\/td>\n11.14<\/td>\n3<\/td>\n+0.1497%<\/td>\n1,046.0<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.75%<\/td>\n3.39%<\/td>\n84,051<\/td>\n2.33<\/td>\n17<\/td>\n-0.0795%<\/td>\n1,032.0<\/td>\n<\/tr>\n
Split-Share<\/td>\n4.98%<\/td>\n4.22%<\/td>\n231,241<\/td>\n3.97<\/td>\n12<\/td>\n+0.0367%<\/td>\n1,048.8<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.50%<\/td>\n6.11%<\/td>\n68,204<\/td>\n3.22<\/td>\n5<\/td>\n+0.0596%<\/td>\n1,047.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.15%<\/td>\n4.66%<\/td>\n173,916<\/td>\n6.15<\/td>\n48<\/td>\n-0.3263%<\/td>\n1,046.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.64%<\/td>\n4.68%<\/td>\n737,370<\/td>\n16.06<\/td>\n19<\/td>\n-0.1475%<\/td>\n1,047.5<\/td>\n<\/tr>\n<\/table>\n<\/div>\n\n\n\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.I<\/td>\nFixFloat<\/td>\n-2.5676%<\/td>\nExchange\/Reset Date is 2011-8-1 (Exchanges with Series ‘AJ’, not issued); until then, pays 4.65% of par. Closed at 21.25-46, 6×2, touching a 52-week low of 21.00.<\/td>\n<\/tr>\n
ELF.PR.G<\/td>\nPerpetualPremium<\/td>\n-1.3546%<\/td>\nNow with a pre-tax bid-YTW of 4.84%, based on a bid of 24.76 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
CM.PR.E<\/td>\nPerpetualPremium<\/td>\n-1.3158%<\/td>\nNow with a pre-tax bid-YTW of 4.66% based on a bid of 26.25 and a call 2012-11-30 at 25.00. That’s a lot of interest rate protection, with a still-attractive yield!<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nPerpetualPremium<\/td>\n-1.2246%<\/td>\nNow with a pre-tax bid-YTW of 4.78% based on a bid of 25.81 and a call 2014-1-30 at 25.00<\/td>\n<\/tr>\n
BNA.PR.C<\/td>\nSplitShare<\/td>\n-1.2121%<\/td>\nRecently downgraded by DBRS<\/a> – but still investment grade! Now with a pre-tax bid-YTW of 4.72% based on a bid of 24.45 and a hardMaturity<\/a> 2019-1-10 at 25.00<\/td>\n<\/tr>\n
RY.PR.B<\/td>\nPerpetualPremium (for now!)<\/td>\n-1.1581%<\/td>\nNow with a pre-tax bid-YTW of 4.76% based on a bid of 24.75 and a limitMaturity.<\/td>\n<\/tr>\n
TCA.PR.X<\/td>\nPerpetualPremium<\/td>\n-1.0056%<\/td>\nNow with a pre-tax bid-YTW of 4.54% based on a bid of 53.16 and a call 2013-11-14 at 50.00<\/td>\n<\/tr>\n
BCE.PR.C<\/td>\nFixFloat<\/td>\n+1.2631%<\/td>\nExchange\/Reset date is 2008-03-01 (Exchanges with series ‘AD’, not issued); until then, pays 5.54% of par. Closed at 23.25-64, 11×8<\/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
HSB.PR.D<\/td>\nPerpetualPremium<\/td>\n256,650<\/td>\nNational Bank crossed 250,000 at 26.38. Now with a pre-tax bid-YTW of 4.32% based on a bid of 26.31 and a call 2015-1-30 at 25.00.<\/td>\n<\/tr>\n
SBN.PR.A<\/td>\nSplitShare<\/td>\n415,750<\/td>\nNew issue settled today<\/a>. Now with a pre-tax bid-YTW of 4.63% based on a bid of 10.42 and a hardMaturity<\/a> 2014-12-1 at 10.00.<\/td>\n<\/tr>\n
TD.PR.O<\/td>\nPerpetualPremium<\/td>\n94,850<\/td>\nNow with a pre-tax bid-YTW of 4.35% based on a bid of 25.90 and a call 2014-11-30 at 25.00.<\/td>\n<\/tr>\n
RY.PR.C<\/td>\nPerpetualDiscount<\/td>\n56,300<\/td>\nNow with a pre-tax bid-YTW of 4.66% based on a bid of 24.71 and a limitMaturity.<\/td>\n<\/tr>\n
BMO.PR.J<\/td>\nPerpetualDiscount<\/td>\n53,500<\/td>\nNow with a pre-tax bid-YTW of 4.56% based on a bid of 24.71 and a limitMaturity.<\/td>\n<\/tr>\n<\/table>\n

There were sixteen 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-856","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/856","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=856"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/856\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}