{"id":939,"date":"2007-06-30T00:37:31","date_gmt":"2007-06-30T04:37:31","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=939"},"modified":"2007-06-30T00:37:31","modified_gmt":"2007-06-30T04:37:31","slug":"june-29-2007","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=939","title":{"rendered":"June 29, 2007"},"content":{"rendered":"

Another quarter’s been put to bed! Today was a strong day for bonds and a good day for bond traders, who quit work early in the afternoon. I’ve never quite understood how they get away with that, but they do put in pretty long hours.<\/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>\n5.71%<\/td>\n5.78%<\/td>\n26,472<\/td>\n14.41<\/td>\n2<\/td>\n+0.0442%<\/td>\n960.3<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n5.65%<\/td>\n5.98%<\/td>\n139,701<\/td>\n14.31<\/td>\n7<\/td>\n-0.4211%<\/td>\n894.4<\/td>\n<\/tr>\n
Floater<\/td>\n4.83%<\/td>\n1.65%<\/td>\n86,666<\/td>\n5.64<\/td>\n3<\/td>\n+0.1898%<\/td>\n1,049.1<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.83%<\/td>\n4.02%<\/td>\n84,365<\/td>\n3.14<\/td>\n17<\/td>\n+0.1554%<\/td>\n1,021.3<\/td>\n<\/tr>\n
Split-Share<\/td>\n5.04%<\/td>\n4.60%<\/td>\n148,139<\/td>\n4.16<\/td>\n15<\/td>\n+0.1200%<\/td>\n1,044.7<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.77%<\/td>\n6.95%<\/td>\n82,512<\/td>\n6.13<\/td>\n4<\/td>\n+0.3422%<\/td>\n1,031.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.42%<\/td>\n5.12%<\/td>\n149,690<\/td>\n7.42<\/td>\n34<\/td>\n+0.1280%<\/td>\n1,022.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.07%<\/td>\n5.10%<\/td>\n483,253<\/td>\n15.33<\/td>\n29<\/td>\n+0.1450%<\/td>\n965.8<\/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.G<\/td>\nFixFloat<\/td>\n-2.0277%<\/td>\n\u00a0<\/td>\n<\/tr>\n
ELF.PR.G<\/td>\nPerpetualDiscount<\/td>\n-1.5116%<\/td>\nNow with a pre-tax bid-YTW of 5.40% based on a bid of 22.06 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
BCE.PR.Z<\/td>\nFixFloat<\/td>\n-1.5111%<\/td>\n\u00a0<\/td>\n<\/tr>\n
CFS.PR.A<\/td>\nSplitShare<\/td>\n+1.0204%<\/td>\nNow with a pre-tax bid-YTW of 4.47% based on a bid of 9.90 and a hardMaturity<\/a> 2012-01-31 at 10.00.<\/td>\n<\/tr>\n
BNS.PR.M<\/td>\nPerpetualDiscount<\/td>\n+1.1312%<\/td>\nNow with a pre-tax bid-YTW of 5.14% based on a bid of 22.35 and a limitMaturity.<\/td>\n<\/tr>\n
IAG.PR.A<\/td>\nPerpetualDiscount<\/td>\n+1.3514%<\/td>\nNow with a pre-tax bid-YTW of 5.13% based on a bid of 22.50 and a limitMaturity.<\/td>\n<\/tr>\n
BSD.PR.A<\/td>\nInterestBearing<\/td>\n+1.5086%<\/td>\nNow with a pre-tax bid-YTW of 7.08% based on a bid of 9.42 and a hardMaturity 2015-3-31 at 10.00.<\/td>\n<\/tr>\n
BCE.PR.A<\/td>\nFixFloat<\/td>\n+1.8981%<\/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
BNS.PR.K<\/td>\nPerpetualPremium (until the rebalancing takes effect!)<\/td>\n58,770<\/td>\nNow with a pre-tax bid-YTW of 4.95% based on a bid of 24.20 and a limitMaturity.<\/td>\n<\/tr>\n
RY.PR.A<\/td>\nPerpetualDiscount<\/td>\n19,497<\/td>\nNow with a pre-tax bid-YTW of 5.03% based on a bid of 22.35 and a limitMaturity.<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetualDiscount<\/td>\n18,345<\/td>\nNow with a pre-tax bid-YTW of 5.22% based on a bid of 23.96 and a limitMaturity.<\/td>\n<\/tr>\n
NA.PR.L<\/td>\nPerpetualPremium (until the rebalancing takes effect!)<\/td>\n17,700<\/td>\nNow with a pre-tax bid-YTW of 5.06% based on a bid of 24.25 and a limitMaturity.<\/td>\n<\/tr>\n
BCE.PR.C<\/td>\nFixFloat<\/td>\n14,890<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

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

Another quarter’s been put to bed! Today was a strong day for bonds and a good day for bond traders, who quit work early in the afternoon. I’ve never quite understood how they get away …<\/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-939","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/939","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=939"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/939\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}