December 13, 2019

Dec 14 06:12 2019 Print This Article

I had a stray thought today regarding the HSE.PR.C reset fiasco … if they calculated the rate in good faith as of November 29, why didn’t they announce the rate on November 29?

But now it’s time for PrefLetter!

HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly

Index

MeanCurrentYield(at bid)

MedianYTW

MedianAverageTradingValue

MedianMod Dur(YTW)

Issues

Day’s Perf.

Index Value

Ratchet

0.00 %

0.00 %

0

0.00

0

1.2857 %

2,016.1

FixedFloater

0.00 %

0.00 %

0

0.00

0

1.2857 %

3,699.4

Floater

6.05 %

6.18 %

57,958

13.67

4

1.2857 %

2,132.0

OpRet

0.00 %

0.00 %

0

0.00

0

0.0953 %

3,445.2

SplitShare

4.63 %

4.11 %

41,255

3.84

7

0.0953 %

4,114.3

Interest-Bearing

0.00 %

0.00 %

0

0.00

0

0.0953 %

3,210.1

Perpetual-Premium

5.55 %

-11.63 %

58,385

0.09

10

-0.2889 %

3,039.7

Read More

About Article Author

PrefBlog

PrefBlog is presented as a public service by Hymas Investment Management Inc., Manager / Trustee of Malachite Aggressive Preferred Fundand publisher of PrefLetter, a monthly newsletter directed towards long term buy-and-hold retail investors. James Hymas, president of Hymas Investment Management Inc, with years of experience designing quantitative investment technology and applying this technology to conservative portfolios, seeks to provide institutions and retail investors with the information and advice necessary to produce top quartile returns in the preferred share market without the assumption of excess risk.

Related Items

The Seemingly Unstoppable US Stock Market?

Jeff Cox of CNBC reports the stock market just set another record, this one going back to 1972:The seemingly unstoppable U.S. stock market continues to set new records, with the latest standard a trend that hasn’t been beaten since 1972.One gauge closely watched by traders is where the market is ...

January 23, 2020

There is a superb opinion piece in the Globe by Joseph Groia, titled Hey OSC: Can you spare $100-million?: Do most Ontarians know that there is more than $100-million of public money sitting in a bank account at the Ontario Securities Commission (OSC) just waiting to be spent on health care, educat ...

Clips From Today’s Halftime Report

There’s a lot more lining up to support equities: BlackRock’s Moore from CNBC. ...The post Clips From Today’s Halftime Report appeared first on The Reformed Broker. ...

Q4 GDP Forecasts: 1.2% to 2.2%

The preliminary estimate of Q4 GDP will be released on Thursday, January 30th. The consensus is that annualized real GDP increased 2.2% in Q4.From Merrill Lynch We expect GDP growth in 4Q to hold steady at 2.0% qoq saar. [Jan 24 estimate]emphasis added From the NY Fed Nowcasting ReportThe New York F ...

Pond Technologies to Satisfy Cross Pond Ventures LLC Debt with Issuance of Pond Shares

MARKHAM, ON, Jan. 24, 2020 /CNW/ – Pond Technologies Holdings Inc. (“Pond”) (TSX.V: POND) (OTC: IOGIF) announced today that its strategic project development partner, Cross Pond Ventures LLC, (“Cross Pond”), has agreed to have certain amounts owing under its Master Project Development Agr ...

Closest Ever: Bulletin of Atomic Scientists Adjusts Doomsday Clock 100 Seconds From Midnight - Nathan Mcdonald (24/01/2020)

January 24,2020 Unfortunately, the news of late has been one bad thing after another, with geopolitical situations around the globe continuing to either deteriorate or simply flounder in their current degraded state, with little to no improvement in sight. The situation with North Korea, which sa ...

Bank of Canada keeps key rate target on hold, trims growth expectations for 2020 

The Bank of Canada is keeping its key interest rate target on hold at 1.75 per cent and forecasting a slower-than-expected start for the Canadian economy in 2020. The central bank says ... ...