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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

Comment by braincloudon Dec 23, 2015 12:20pm
92 Views
Post# 24408442

RE:RE:Am I ever glad this year is over

RE:RE:Am I ever glad this year is overHere's why I don't listen to the likes of you Nexdink "US oil production is finishing the year at 9.2MMbpd up 10% over 1 year ago (the production is flat since 4 months now). " Jan 2015 US production was 9.365 million, It peaked April 2015 at 9.701 million and as of the latest report was at 9.326 million Secondly: Production in Saudi Arabia held steady at 10.19 mb/d in November as higher shipments of crude oil to world markets and an uptick in internal refinery runs offset a lower requirement for crude to burn in domestic power plants. Riyadh's drive to preserve market share and meet demand at home has pushed production beyond 10 mb/d for nine straight months. Saudi oil officials have said they see signs of strong demand for its crude and industry sources say there is every indication the Kingdom is supplying its customers with all their requested volumes. In particular, China and India appeared to be lifting more Saudi oil during November, according to preliminary tanker tracking data. Saudi crude exports have been holding above the 7 mb/d mark for much of this year, with shipments averaging roughly 7.3 mb/d from January through September versus around 7.1 mb/d during the same period in 2014, according to the latest figures submitted to the Joint Organisations Data Initiative (JODI). Total Saudi oil exports, excluding condensates and NGLs, averaged around 8.4 mb/d during the first nine months of the year versus 8.0 mb/d during the same period in 2014 You just spew out whatever suits your argument like it's fact, and it isn't fact. That's my issue with the likes of you. Your data is just incorrect!!
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