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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Canadian Banc Corp T.BK

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

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 annum equal to the Prime Rate plus 2.0%, with a minimum targeted annual rate of 5.0% and a maximum targeted annual rate of 10.0% and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012.


TSX:BK - Post by User

Canadian Banc Corp > Fed going to speak this afternoon, now CAD banks all down.
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Comment by NoShoesNoShirton Oct 19, 2023 3:47pm
60 Views
Post# 35691597

RE:RE:RE:Fed going to speak this afternoon, now CAD banks all down.

RE:RE:RE:Fed going to speak this afternoon, now CAD banks all down.
Islesfan wrote: I wonder what would happen if the FED just never spoke.  Do what they are going to do but just never speak. 

The Fed used to be silent, but the wholesale guesses about what they might do caused them to start settling the rumors and yap.

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