Brookfield Office Properties Inc T.BPO.PR.A

RE:RE:Looking for insights from long-time BPO peeps

[pierrelebel]

"I don't see the rates falling that fast this year either. "

I agree as I project a "Canada 5 year" rate of 3.00% to 3.25% by December 1st, 2024 when the "A" rate will be reset.

"The $2 difference is not going to last IMO."

Slight difference of opinion here. 

In the last twelve months, the spread between A and T has been about $2 near the high of the year and about $3 near the low.

I expect the spread between A and T to widen to about $4.00 in the next three months ($10 for A and $14 for T). 
Why? Because the investment media will not reflect the higher rate for BPO.PR.T until after the March 29th dividend payment.  At that point many investors may realize the higher yield for the T.

And yes, later on this year, I will sell the T and buy more A with the proceeds (I already own several thousands A) to take advantage of the December dividend reset projected to be on the area of $1.60 annually.