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Bullboard - Stock Discussion Forum Canadian Banc Corp T.BK

Alternate Symbol(s):  T.BK.P.A | CNDCF

The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per... see more

TSX:BK - Post Discussion

Canadian Banc Corp > Getting whacked
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Post by deisman03 on Aug 21, 2023 11:06am

Getting whacked

Financials are getting a beating because the 10 year treasuries are selling off. 

That triggers all sorts of fears and the sell off goes from there. 

One or even two big sellers can be nothing more than a one off after liquidating an "estate'' 

It's when you get a half dozen of the large holder dumping that you worry.
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