{"id":932,"date":"2007-06-23T00:08:29","date_gmt":"2007-06-23T04:08:29","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=932"},"modified":"2007-06-23T00:08:29","modified_gmt":"2007-06-23T04:08:29","slug":"june-22-2007","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=932","title":{"rendered":"June 22, 2007"},"content":{"rendered":"

Lots of chatter about BCE \/ Telus today, but no real news. I haven’t yet seen the suggestion that Telus might buy BCE only to get swallowed itself … but why not?<\/p>\n

\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>\n5.67%<\/td>\n5.77%<\/td>\n30,212<\/td>\n14.39<\/td>\n2<\/td>\n+0.8089%<\/td>\n957.0<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n5.42%<\/td>\n5.60%<\/td>\n141,074<\/td>\n14.67<\/td>\n7<\/td>\n+0.0203%<\/td>\n929.1<\/td>\n<\/tr>\n
Floater<\/td>\n4.83%<\/td>\n2.55%<\/td>\n91,012<\/td>\n5.65<\/td>\n3<\/td>\n-0.0938%<\/td>\n1,047.5<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.83%<\/td>\n4.00%<\/td>\n87,190<\/td>\n3.11<\/td>\n17<\/td>\n-0.2414%<\/td>\n1,019.8<\/td>\n<\/tr>\n
Split-Share<\/td>\n5.03%<\/td>\n4.59%<\/td>\n161,626<\/td>\n4.16<\/td>\n15<\/td>\n+0.1330%<\/td>\n1,043.0<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.13%<\/td>\n7.09%<\/td>\n86,467<\/td>\n6.13<\/td>\n4<\/td>\n-0.0249%<\/td>\n1,024.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.42%<\/td>\n5.18%<\/td>\n149,810<\/td>\n7.95<\/td>\n34<\/td>\n+0.1058%<\/td>\n1,018.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.05%<\/td>\n5.10%<\/td>\n515,700<\/td>\n15.33<\/td>\n29<\/td>\n-0.1317%<\/td>\n966.0<\/td>\n<\/tr>\n<\/table>\n<\/div>\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
GWO.PR.E<\/td>\nOpRet<\/td>\n-1.5238%<\/td>\nNow with a pre-tax bid-YTW of 3.74% based on a bid of 25.85 and a call 2011-4-30 at 25.00.<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetualDiscount<\/td>\n-1.4026%<\/td>\nNow with a pre-tax bid-YTW of 5.23% based on a bid of 23.90 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
BCE.PR.G<\/td>\nFixFloat<\/td>\n-1.3583%<\/td>\n\u00a0<\/td>\n<\/tr>\n
PWF.PR.D<\/td>\nOpRet<\/td>\n-1.1295%<\/td>\nNow with a pre-tax bid-YTW of 4.30% based on a bid of 26.26 and a call 2008-11-30 at 25.00.<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetualDiscount<\/td>\n-1.0811%<\/td>\nNow with a pre-tax bid-YTW of 5.43% based on a bid of 21.96 and a limitMaturity.<\/td>\n<\/tr>\n
ELF.PR.G<\/td>\nPerpetualDiscount<\/td>\n+1.0069%<\/td>\nNow with a pre-tax bid-YTW of 5.48% based on a bid of 22.07 and a limitMaturity.<\/td>\n<\/tr>\n
PWF.PR.I<\/td>\nPerpetualPremium<\/td>\n+1.2398%<\/td>\nNow with a pre-tax bid-YTW of 5.19% based on a bid of 26.13 and a limitMaturity.<\/td>\n<\/tr>\n
BCE.PR.Z<\/td>\nFixFloat<\/td>\n+1.2603%<\/td>\n\u00a0<\/td>\n<\/tr>\n
BCE.PR.S<\/td>\nRatchet<\/td>\n+1.6750%<\/td>\n\u00a0<\/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>\n127,970<\/td>\nNesbitt crossed 100,000 at 23.35. Now with a pre-tax bid-YTW of 5.12% based on a bid of 23.30 and a limitMaturity.<\/td>\n<\/tr>\n
BNS.PR.M<\/td>\nPerpetualDiscount<\/td>\n56,563<\/td>\nNesbitt crossed 50,000 at 22.65. Now with a pre-tax bid-YTW of 5.07% based on a bid of 22.61 and a limitMaturity.<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nPerpetualDiscount<\/td>\n54,000<\/td>\nNesbitt crossed 49,500 at 23.76. Now with a pre-tax bid-YTW of 5.12% based on a bid of 23.75 and a limitMaturity.<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nPerpetualPremium (for now!)<\/td>\n47,241<\/td>\nScotia crossed 36,200 at 24.80. Now with a pre-tax bid-YTW of 5.28% based on a bid of 24.70 and a limitMaturity.<\/td>\n<\/tr>\n
BCE.PR.I<\/td>\nFixFloat<\/td>\n28,612<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

There were twenty-one other $25-equivalent index-included issues trading over 10,000 shares today.<\/p>\n","protected":false},"excerpt":{"rendered":"

Lots of chatter about BCE \/ Telus today, but no real news. I haven’t yet seen the suggestion that Telus might buy BCE only to get swallowed itself … but why not? Note that these …<\/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-932","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/932","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=932"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/932\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}