{"id":893,"date":"2007-06-04T23:55:21","date_gmt":"2007-06-05T03:55:21","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=893"},"modified":"2007-06-04T23:55:21","modified_gmt":"2007-06-05T03:55:21","slug":"june-4-2007","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=893","title":{"rendered":"June 4, 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>\n5.34%<\/td>\n5.43%<\/td>\n35,578<\/td>\n15.00<\/td>\n2<\/td>\n+0.8195%<\/td>\n962.7<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n5.60%<\/td>\n5.54%<\/td>\n140,345<\/td>\n14.94<\/td>\n7<\/td>\n-0.2495%<\/td>\n896.4<\/td>\n<\/tr>\n
Floater<\/td>\n4.81%<\/td>\n2.57%<\/td>\n85,715<\/td>\n5.94<\/td>\n3<\/td>\n-0.4453%<\/td>\n1,046.2<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.80%<\/td>\n3.85%<\/td>\n83,051<\/td>\n3.20<\/td>\n17<\/td>\n+0.0792%<\/td>\n1,023.5<\/td>\n<\/tr>\n
Split-Share<\/td>\n5.03%<\/td>\n4.57%<\/td>\n185,233<\/td>\n4.04<\/td>\n15<\/td>\n+0.0245%<\/td>\n1,040.8<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.61%<\/td>\n6.65%<\/td>\n84,890<\/td>\n3.53<\/td>\n4<\/td>\n-0.2175%<\/td>\n1,042.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.36%<\/td>\n5.00%<\/td>\n134,434<\/td>\n7.35<\/td>\n34<\/td>\n-0.0989%<\/td>\n1,026.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.95%<\/td>\n4.98%<\/td>\n563,217<\/td>\n15.54<\/td>\n29<\/td>\n-0.8799%<\/td>\n984.6<\/td>\n<\/tr>\n<\/table>\n<\/div>\n\n\n\n\n\n\n\n\n\n\n\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
ELF.PR.G<\/td>\nPerpetualDiscount<\/td>\n-2.9272%<\/td>\nAlso led the charts (downward) on June 1<\/a>! New low today of 22.55. Now with a pre-tax bid-YTW of 5.34% based on a bid of 22.55 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
BCE.PR.G<\/td>\nFixFloat<\/td>\n-2.5641%<\/td>\nExchange\/Reset date is 2011-5-1 (exchanges with BCE.PR.H); until then, pays 4.35% of par. New low today of 20.06. Closed at 19.76-34, 5×3; the Hs closed at 22.99-00, 5×10.<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nPerpetualDiscount<\/td>\n-2.3684%<\/td>\nNew low today of 22.51. Now with a pre-tax bid-YTW of 5.06% based on a bid of 22.26 and a limitMaturity.<\/td>\n<\/tr>\n
RY.PR.F<\/td>\nPerpetualDiscount<\/td>\n-2.1397%<\/td>\nNew low today of 22.27. Now with a pre-tax bid-YTW of 5.06% based on a bid of 22.41 and a limitMaturity.<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nPerpetualDiscount<\/td>\n-2.0131%<\/td>\nNew low today of 22.40. Now with a pre-tax bid-YTW of 5.03% based on a bid of 22.39 and a limitMaturity.<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetualDiscount<\/td>\n-1.9262%<\/td>\nNew low today of 23.85. Now with a pre-tax bid-YTW of 5.23% (!) based on a bid of 23.93 and a limitMaturity.<\/td>\n<\/tr>\n
RY.PR.D<\/td>\nPerpetualDiscount<\/td>\n-1.6415%<\/td>\nNow with a pre-tax bid-YTW of 4.97% based on a bid of 22.77 and a limitMaturity.<\/td>\n<\/tr>\n
AL.PR.E<\/td>\nFloater<\/td>\n-1.5742%<\/td>\nStill Under Review – Developing<\/a> by DBRS.<\/td>\n<\/tr>\n
RY.PR.E<\/td>\nPerpetualDiscount<\/td>\n-1.4687%<\/td>\nNew low today of 22.81. Now with a pre-tax bid-YTW of 4.96% based on a bid of 22.81 and a limitMaturity.<\/td>\n<\/tr>\n
CL.PR.B<\/td>\nPerpetualPremium<\/td>\n-1.4587%<\/td>\nNew low today of 25.71. Pays $1.5625 and is currently callable at $26.00 … but GWO is still on hold<\/a>. Now with a pre-tax bid-YTW of 5.34% based on a bid of 25.67 and a call 2011-1-30 at 25.00.<\/td>\n<\/tr>\n
BNS.PR.L<\/td>\nPerpetualDiscount<\/td>\n-1.3191%<\/td>\nNew low today of 22.90. Now with a pre-tax bid-YTW of 4.90% based on a bid of 23.19 and a limitMaturity.<\/td>\n<\/tr>\n
RY.PR.G<\/td>\nPerpetualDiscount<\/td>\n-1.2987%<\/td>\nNew low today of 22.81. Now with a pre-tax bid-YTW of 4.99% based on a bid of 22.80 and a limitMaturity.<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetualDiscount<\/td>\n-1.2609%<\/td>\nNew low today of 22.52. Now with a pre-tax bid-YTW of 5.32% based on a bid of 22.71 and a limitMaturity.<\/td>\n<\/tr>\n
BAM.PR.G<\/td>\nFixFloat<\/td>\n-1.2579%<\/td>\nExchange\/Reset date is 2011-10-31 (Exchanges with BAM.PR.E); until then, pays 4.35% of par. Closed at 23.55-85, 18×5; the Es closed at 24.85-05, 13×12.<\/td>\n<\/tr>\n
SLF.PR.A<\/td>\nPerpetualDiscount<\/td>\n-1.2245%<\/td>\nNow with a pre-tax bid-YTW of 4.90% based on a bid of 24.20 and a limitMaturity.<\/td>\n<\/tr>\n
CM.PR.H<\/td>\nPerpetualDiscount<\/td>\n-1.2092%<\/td>\nNew low today of 24.50. Now with a pre-tax bid-YTW of 4.95% based on a bid of 24.51 and a limitMaturity.<\/td>\n<\/tr>\n
RY.PR.C<\/td>\nPerpetualDiscount<\/td>\n-1.1345%<\/td>\nNew low today of 23.50. Now with a pre-tax bid-YTW of 4.92% based on a bid of 23.53 and a limitMaturity.<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nPerpetualDiscount<\/td>\n-1.0714%<\/td>\nNew low today of 22.06. Now with a pre-tax bid-YTW of 5.02% based on a bid of 22.16 and a limitMaturity.<\/td>\n<\/tr>\n
BCE.PR.H<\/td>\nFixFloat<\/td>\n+1.0549%<\/td>\nExchange\/Reset Date is 2011-5-1 (Exchanges with BCE.PR.G, which currently pays 4.35% of Par). The Gs did so poorly today they are mentioned above … and the Hs are up. I love the pref market!<\/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
CM.PR.I<\/td>\nPerpetualDiscount<\/td>\n109,213<\/td>\nNow with a pre-tax bid-YTW of 4.92% based on a bid of 24.14 and a limitMaturity.<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nPerpetualDiscount<\/td>\n92,375<\/td>\nNow with a pre-tax bid-YTW of 4.74% based on a bid of 23.76 and a limitMaturity.<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nPerpetualDiscount<\/td>\n76,968<\/td>\nNew low today of 22.51. GWO’s capital market plans are still on hold<\/a>. Now with a pre-tax bid-YTW of 5.06% based on a bid of 22.26 and a limitMaturity.<\/td>\n<\/tr>\n
BNS.PR.K<\/td>\nPerpetualDiscount<\/td>\n56,720<\/td>\nRBC crossed 50,000 at 24.90. Now with a pre-tax bid-YTW of 4.88% based on a bid of 24.82 and a limitMaturity.<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetualPremium<\/td>\n35,300<\/td>\nNesbitt crossed 10,000 at 24.95. New low today of 24.89. Now with a pre-tax bid-YTW of 5.13% based on a bid of 25.10 and a limitMaturity.<\/td>\n<\/tr>\n<\/table>\n

There were thirty-two other $25-equivalent index-included issues trading over 10,000 shares today.<\/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-893","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/893","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=893"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/893\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}