{"id":973,"date":"2007-07-12T23:14:45","date_gmt":"2007-07-13T03:14:45","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=973"},"modified":"2007-07-12T23:14:45","modified_gmt":"2007-07-13T03:14:45","slug":"july-12-2007","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=973","title":{"rendered":"July 12, 2007"},"content":{"rendered":"

In what may well\u00a0signal the final descent of this degenerate society into slovenly barbaric torpor, a Toronto dry-cleaning conglomerate filed for CCCA protection today<\/a>. The Bank of Canada projected 3% inflation in 4Q07<\/a>, possibly because track-suit-wearing sluggards are usually too spaced out<\/a> to care what they pay for things.<\/p>\n

Bonds had a bad day<\/a>, enlivened by mass downgrades of sub-prime paper<\/a>, much of it packaged by General Electric<\/a>, which is planning to exit the business<\/a>.<\/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>\n5.32%<\/td>\n5.34%<\/td>\n27,985<\/td>\n14.92<\/td>\n2<\/td>\n-0.4149%<\/td>\n1,015.0<\/td>\n<\/tr>\n
Fixed-Floater<\/td>\n5.06%<\/td>\n5.35%<\/td>\n141,129<\/td>\n15.03<\/td>\n8<\/td>\n+0.1023%<\/td>\n999.8<\/td>\n<\/tr>\n
Floater<\/td>\n4.86%<\/td>\n-0.04%<\/td>\n79,938<\/td>\n4.16<\/td>\n4<\/td>\n-0.0080%<\/td>\n1,048.8<\/td>\n<\/tr>\n
Op. Retract<\/td>\n4.82%<\/td>\n3.97%<\/td>\n85,714<\/td>\n2.98<\/td>\n16<\/td>\n+0.1017%<\/td>\n1,022.3<\/td>\n<\/tr>\n
Split-Share<\/td>\n5.05%<\/td>\n4.55%<\/td>\n121,137<\/td>\n3.99<\/td>\n17<\/td>\n+0.1023%<\/td>\n1,047.0<\/td>\n<\/tr>\n
Interest Bearing<\/td>\n6.21%<\/td>\n6.28%<\/td>\n67,179<\/td>\n4.43<\/td>\n3<\/td>\n-0.1351%<\/td>\n1,038.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.54%<\/td>\n5.15%<\/td>\n119,848<\/td>\n5.81<\/td>\n26<\/td>\n+0.0351%<\/td>\n1,022.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.12%<\/td>\n5.15%<\/td>\n368,263<\/td>\n14.85<\/td>\n38<\/td>\n-0.1441%<\/td>\n963.6<\/td>\n<\/tr>\n<\/table>\n<\/div>\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
PWF.PR.K<\/td>\nPerpetualDiscount<\/td>\n-1.4013%<\/td>\nNow with a pre-tax bid-YTW of 5.34% based on a bid of 23.22 and a limitMaturity<\/a>.<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nPerpetualDiscount<\/td>\n-1.3393%<\/td>\nNow with a pre-tax bid-YTW of 5.07% based on a bid of 22.10 and a limitMaturity.<\/td>\n<\/tr>\n
BMO.PR.J<\/td>\nPerpetualDiscount<\/td>\n-1.0667%<\/td>\nNow with a pre-tax bid-YTW of 5.12% based on a bid of 22.26 and a limitMaturity.<\/td>\n<\/tr>\n
BCE.PR.T<\/td>\nFixFloat<\/td>\n-1.0504%<\/td>\n\u00a0<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetualPremium (for now!)<\/td>\n+1.2270%<\/td>\nNow with a pre-tax bid-YTW of 5.30% based on a bid of 24.75 and a limitMaturity.<\/td>\n<\/tr>\n
BAM.PR.G<\/td>\nFixFloat<\/td>\n+1.2657%<\/td>\n\u00a0<\/td>\n<\/tr>\n
CFS.PR.A<\/td>\nSplitShare<\/td>\n+1.4199%<\/td>\nNow with a pre-tax bid-YTW of 4.26% based on a bid of 10.00 and a hardMaturity<\/a> 2012-1-31 at 10.00<\/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
SLF.PR.E<\/td>\nPerpetualDiscount<\/td>\n57,220<\/td>\nScotia crossed 42,700 at 22.50. Now with a pre-tax bid-YTW of 5.07% based on a bid of 22.36 and a limitMaturity.<\/td>\n<\/tr>\n
ACO.PR.A<\/td>\nOpRet<\/td>\n50,270<\/td>\nNesbitt crossed 50,000 at 27.00. Now with a pre-tax bid-YTW of 3.54% based on a bid of 26.90 and a softMaturity<\/a> 2011-11-30 at 25.00.<\/td>\n<\/tr>\n
FTU.PR.A<\/td>\nSplitShare<\/td>\n76,900<\/td>\nScotia crossed 76,000 at 10.30. Now with a pre-tax bid-YTW of 4.73% based on a bid of 10.27 and a hardMaturity 2012-12-01 at 10.00.<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nPerpetualDiscount<\/td>\n24,971<\/td>\nNow with a pre-tax bid-YTW of 5.07% based on a bid of 22.10 and a limitMaturity.<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetualPremium (for now!)<\/td>\n23,030<\/td>\nSee “Major Price Moves”, above.<\/td>\n<\/tr>\n<\/table>\n

There were fourteen other $25-equivalent index-included issues trading over 10,000 shares today.\n<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

In what may well\u00a0signal the final descent of this degenerate society into slovenly barbaric torpor, a Toronto dry-cleaning conglomerate filed for CCCA protection today. The Bank of Canada projected 3% inflation in 4Q07, possibly because …<\/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-973","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/973","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=973"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/973\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}