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Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.


TSX:BNK - Post by User

Big Banc Split Corp
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Post by jfallenangelon May 16, 2008 6:02pm
433 Views
Post# 15083733

Goldman sees 141/barrel second half of 08

Goldman sees 141/barrel second half of 08

May 16 (Bloomberg) -- Crude oil rose above $127 a barrel for the first time, leading commodities higher, after Goldman Sachs Group Inc. raised its forecast and on speculation Chinese diesel purchases will strain supplies.

Goldman boosted its price estimate for the second half of this year to $141 a barrel, from $107, citing supply constraints. China may increase fuel imports to generate power after the most powerful earthquake in 58 years killed more than 22,000 and damaged hydroelectric plants. Oil and commodities, including gold and platinum, also advanced on the falling dollar.

https://www.bloomberg.com/apps/news?pid=20602013&sid=aBR1tdOWMeIQ&refer=commodity_futures

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