Bullboard - Stock Discussion Forum Brookfield Office Properties Inc T.BPO.PR.C

Primary Symbol: T.BPO.PR.A Alternate Symbol(s): BRPPF | BOPPF | T.BPO.PR.N | BKAAF | T.BPO.PR.P | BRKFF | T.BPO.PR.R | BROAF | T.BPO.PR.T | T.BPS.PR.U | T.BPO.PR.W | BRPYF | T.BPO.PR.Y | T.BPO.PR.X | T.BPO.PR.E | BKEEF | T.BPO.PR.G | BROPF | BKOFF | T.BPO.PR.I

Brookfield Office Properties Inc. is a global office property company. The Company owns, manages, and develops premier assets in the resilient markets. The Company's signature properties define the skylines of dynamic cities around the globe, including New York, Washington, D.C., Houston, Los Angeles, Toronto, Calgary, London, Berlin, Sydney and Perth. From Brookfield Places in New York City... see more

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TSX:BPO.PR.A - Post Discussion

Brookfield Office Properties Inc > That was an interesting day

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Post by SONOFFERGUS on Nov 25, 2024 5:15pm

That was an interesting day

GoC5 tightens 10bps or so. Negative for resets.

US10 tightens 13bps or so. Helpful for BN/BPO credit concerns.

I would have guessed net negative on these 2 data points.

My guess would be wrong. The BN complex, including BPO.PRs, had a BIG green day. FWIW, the market-on-close trades pushed prices for BPO.PRs up thx to National Bank. Volume is ofc so small that it is laughably easy to move the price where one wants it.

Net, I'm confused but happy to be large long all of it. Hopefully this is the beginning of a durable uptrend.