Q: Good Morning
Can you please tell me as to why the RATE RESET PREFERRED SHARES are being hammered since January 19, 2015 when at the same time the PERPETUAL PREFERRED SHARES ARE RISING????????????
Examples of Falling Rate Reset Preferred Shares:
VSN.PR.A down 8%
ENB.PF.C down 4.3%
PPL.PR.G down 5.4%
BRF.PR.A down 5.7%
TA.PR.H down 3.7%
SLF.PR.I down 3%
Examples of Rising Perpetual Preferred Shares:
BRF.PR.E up 3.4%
SLF.PR.D up 1%
I own several rate reset preferred shares and I will appreciate your response as to why the rate reset preferred shares are being hammered when at the same time the perpetual preferred shares are either maintaning their value or rising.
Thank you.
Can you please tell me as to why the RATE RESET PREFERRED SHARES are being hammered since January 19, 2015 when at the same time the PERPETUAL PREFERRED SHARES ARE RISING????????????
Examples of Falling Rate Reset Preferred Shares:
VSN.PR.A down 8%
ENB.PF.C down 4.3%
PPL.PR.G down 5.4%
BRF.PR.A down 5.7%
TA.PR.H down 3.7%
SLF.PR.I down 3%
Examples of Rising Perpetual Preferred Shares:
BRF.PR.E up 3.4%
SLF.PR.D up 1%
I own several rate reset preferred shares and I will appreciate your response as to why the rate reset preferred shares are being hammered when at the same time the perpetual preferred shares are either maintaning their value or rising.
Thank you.