| Note that these indices are experimental; the absolute and relative daily values are expected to change in the final version | |||||||
| Index | Mean Current Yield (at bid) | Mean YTW | Mean Average Trading Value | Mean Mod Dur (YTW) | Issues | Day’s Perf. | Index Value |
| Ratchet | 4.17% | 4.05% | 50,012 | 10.61 | 2 | 0.0000% | 1,020.6 |
| Fixed-Floater | 4.97% | 3.89% | 190,079 | 8.87 | 7 | -0.0612% | 1,025.1 |
| Floater | 4.53% | -17.58% | 77,718 | 6.51 | 5 | 0.0080% | 1,017.8 |
| Op. Retract | 4.68% | 2.13% | 88,707 | 2.40 | 17 | 0.0355% | 1,017.3 |
| Split-Share | 4.94% | 3.66% | 61,368 | 3.02 | 10 | 0.0380% | 1,015.8 |
| Interest Bearing | 6.90% | 5.00% | 55,802 | 2.01 | 7 | 0.1025% | 1,021.3 |
| Perpetual-Premium | 5.10% | 3.58% | 171,688 | 4.30 | 46 | 0.1066% | 1,034.2 |
| Perpetual-Discount | 4.59% | 4.61% | 578,748 | 16.18 | 7 | 0.0294% | 1,033.7 |
| Major Price Changes | |||
| Issue | Index | Change | Notes |
| There were no index-included issues with major gains or losses today. | |||
| Volume Highlights | |||
| Issue | Index | Volume | Notes |
| SLF.PR.B | PerpetualPremium | 82,330 | |
| PWF.PR.D | Scraps | 71,000 | Desjardins bought 70,000 @27.10 on a Delayed Delivery basis from Polar. A few more active days like this and this issue won’t be in ‘Scraps’ any more! |
| BAM.PR.G | FixedFloater | 40,069 | The only issue in the FixedFloater index that isn’t swept up in the possible BCE-unit-trust-offer! Not only that, but the rate announcement and soon-expiring exchange offer will have caused a lot of portfolio tweaking. |
| CM.PR.A | OpRet | 27,700 | Scotia crossed 24,200 @ 26.75. This issue has a pre-tax YTW of 1.69% based on a call in November, 2007 … but 3.73% if it survives until just before retractibility becomes an issue, July 2011. It pays $1.325 … CIBC can finance a perpetual cheaper than that, never mind a retractible! |
| MFC.PR.C | PerpetualDiscount | 26,749 | |
There were fourteen other index-included issues trading over 10,000 shares today.
[…] This thing continues to trade heavily – see yesterday’s comments. […]