Which Laurentian Preferred Should I Buy - www.canadianpreferredshares.ca

Which Laurentian Preferred Should I Buy

This compare tool helps you determine Which Laurentian Preferred you should buy. In this section we provide additional information to help you make the right decision. This information includes

  1. A number of what if scenarios for the 5 year resets. The scenarios are based on the various yields of the G.O.C. 5 year bond.
  2. A line graph chart with the historical yields of all preferreds issued.
  3. Links to the prospectus of each preferred.


 
 

Reset Scenarios Based on Various G.O.C. 5 Year Bond Yield Rates

The following table presents 6 scenarios, of the issues resetting based on different 5 Year Bond rates. Each scenario consists of 3 columns and grouped by color. The rates assumed for the reset are as follows:
  • Scenario 1: 5YR GOC Rate is set at 2.00%
  • Scenario 2: 5YR GOC Rate is set at 2.5%
  • Scenario 3: 5YR GOC Rate is set at 2.75%
  • Scenario 4: 5YR GOC Rate is set at 3.00%
  • Scenario 5: 5YR GOC Rate is set at 3.25%
  • Scenario 6: 5YR GOC Rate is set at 3.50%

Note: Only the first 3 "What if scenarios" of the total 6 are available on the Free Site. All 6 scenarios can be viewed in the premium site


For more information please review our video and/or post. Links available at the bottom of the page


Rank Preferreds - Compare Reset Scenarios

Last Updated: Market Data Oct-05 20:27, Model Metrics Oct-05 21:42
Credit RatingSymbolReset Date Y/M/DCurrent (Yield Dividend)
5Yr @ 2.00%. Reset (Yield Dividend)Scenario: 1 yield and dividend based on GOC 5yr Rate of 5Yr @ 2.00%.
5Yr @ 2.00%. Blended (Yield Dividend)5Yr @ 2.00%. Rate Change (percent | to value )
5Yr @ 2.5%. Reset (Yield Dividend)Scenario: 2 yield and dividend based on GOC 5yr Rate of 5Yr @ 2.5%.
5Yr @ 2.5%. Blended (Yield Dividend)5Yr @ 2.5%. Rate Change (percent | to value )
5Yr @ 2.75%. Reset (Yield Dividend)Scenario: 3 yield and dividend based on GOC 5yr Rate of 5Yr @ 2.75%.
5Yr @ 2.75%. Blended (Yield Dividend)5Yr @ 2.75%. Rate Change (percent | to value )
Pfd3LB-H LB.PR.H CA51925D8254 2024JUN1505.82% $1.03086.43% $1.1406.22% $1.10041% 6.43%7.13% $1.2606.66% $1.17041% 7.13%7.49% $1.3306.92% $1.22041% 7.49%




Current yields over time

The graph below shows the current yield of each Laurentian Bank preferred share, over time. Place the mouse cursor over the graph to reveal data like (date, ticker and current Yield).
When viewing the graph below keep in mind the following
  1. The yield has an inverse relationshlp to the share price. As the share price rises towards face value the yield gets lower.
  2. For 5 year resets, at reset time the yield usually makes a substantial move up or down when the reset takes effect.




Reset yields over time

The graph below shows the projected reset yield of each Laurentian Bank preferred share, over time. Place the mouse cursor over the graph to reveal data like (date, ticker and current Yield).
When viewing the graph below keep in mind the following
  1. This yield is projected based on todays 5yr GOC rate plus the spread of the preferred.
  2. This is a what if scenario. If the preferred was to reset today this would be the new yield.

Laurentian Bank Preferred Shares – Prospectus Information

Prospectus Information for each of the Laurentian Bank Preferreds is available in the links below. Going over the main parts of the prospectus will ensure you are looking at the right preferred.

LB.PR.H – Series 13 CA51925D8254 – converts to Series 14
LB.PR.J – Series 15 CA51925D7918 – converts to Series 16

Additional Information

Continue to Which Laurentian should I Buy – Page 1 of 3 where you can find:

  1. Laurentian Brief Overview
  2. Latest Laurentian Credit Ratings
  3. Laurentian Common Share Metrics
  4. Overall Preferred Share Metrics across all Laurentian preferreds
Which Laurentian Preferred Should I Buy - www.canadianpreferredshares.ca

Additional Information

Continue to Laurentian Preferreds Consolidated Short Position Report page 3 of 3 where you can find

  1. Consolidated Short Position Reports for each Laurentian Preferred