{"id":9148,"date":"2009-12-22T21:34:29","date_gmt":"2009-12-23T01:34:29","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=9148"},"modified":"2009-12-22T21:34:29","modified_gmt":"2009-12-23T01:34:29","slug":"ypgprd-plummets-on-opening-day","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=9148","title":{"rendered":"YPG.PR.D Plummets on Opening Day"},"content":{"rendered":"<p>YPG.PR.D, the <a href=\"http:\/\/www.prefblog.com\/?p=8970\">6.90%+426 FixedReset<\/a> announced December 7, commenced trading today with a dull thud.<\/p>\n<p>It traded 157,195 shares in a range of 23.75-25 before closing at 23.86-90.<\/p>\n<p>Vital statistics are:<\/p>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td>YPG.PR.D<\/td>\n<td>FixedReset<\/td>\n<td>Not Calc!<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-12-22<br \/>\nMaturity Price  : 22.68<br \/>\nEvaluated at bid price : 23.86<br \/>\nBid-YTW : 7.14 %<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Looking at relative yields is amusing:<\/p>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td colspan=\"4\">YPG issues on December 22<\/td>\n<\/tr>\n<tr>\n<td>Ticker<\/td>\n<td>Quote<\/td>\n<td>Bid Yield<\/td>\n<td>Bid YTW Scenario<\/td>\n<\/tr>\n<tr>\n<td>YPG.PR.A<\/td>\n<td>24.00-10<\/td>\n<td>5.72%<\/td>\n<td>SoftMaturity 2012-12-30 at 25.00<\/td>\n<\/tr>\n<tr>\n<td>YPG.PR.B<\/td>\n<td>18.52-68<\/td>\n<td>10.05%<\/td>\n<td>SoftMaturity 2017-6-29 at 25.00<\/td>\n<\/tr>\n<tr>\n<td>YPG.PR.C<\/td>\n<td>24.00-15<\/td>\n<td>7.02%<\/td>\n<td>LimitMaturity<\/td>\n<\/tr>\n<tr>\n<td>YPG.PR.D<\/td>\n<td>23.86-90<\/td>\n<td>7.14%<\/td>\n<td>LimitMaturity<\/td>\n<\/tr>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>YPG.PR.D, the 6.90%+426 FixedReset announced December 7, commenced trading today with a dull thud. It traded 157,195 shares in a range of 23.75-25 before closing at 23.86-90. Vital statistics are: YPG.PR.D FixedReset Not Calc! YTW &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-9148","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/9148","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=9148"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/9148\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}