BEP.PR.E, which has resulted from a 41% conversion from BRF.PR.E commenced trading today.
“Trading” is perhaps a misnomer, because not a single share changed hands; fortunately, the well compensated and strictly supervised market maker stepped up to the plate and the issue closed 16.00-21.00, 9×2, a mere $5 spread.
BEP.PR.E will be tracked by HIMIPref™ but relegated to the Scraps index on credit concerns.
| BEP.PR.E |
Perpetual-Discount |
YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2046-02-11
Maturity Price : 16.00
Evaluated at bid price : 16.00
Bid-YTW : 8.86 % |
This entry was posted on Thursday, February 11th, 2016 at 11:13 pm and is filed under Issue Comments, Return of Capital. You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
BEP.PR.E Listed
BEP.PR.E, which has resulted from a 41% conversion from BRF.PR.E commenced trading today.
“Trading” is perhaps a misnomer, because not a single share changed hands; fortunately, the well compensated and strictly supervised market maker stepped up to the plate and the issue closed 16.00-21.00, 9×2, a mere $5 spread.
BEP.PR.E will be tracked by HIMIPref™ but relegated to the Scraps index on credit concerns.
Maturity Type : Limit Maturity
Maturity Date : 2046-02-11
Maturity Price : 16.00
Evaluated at bid price : 16.00
Bid-YTW : 8.86 %
This entry was posted on Thursday, February 11th, 2016 at 11:13 pm and is filed under Issue Comments, Return of Capital. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.