September 5, 2019

unicorn_190905
Click for Big

So it turns out we’re all sweetness and light now. Well, today, anyway.:

The United States and China will hold trade talks in Washington early next month, officials from both countries said on Thursday, but new tariffs will make it difficult to find a way to end their economic clash.

Stocks around the world rose following the news that talks would resume.

TXPR closed at 593.21, up 1.14% on the day. Volume was 2.57-million, about average in the context of the past thirty days.

CPD closed at 11.85, up 0.94% on the day. Volume of 137,013 was high but not extraordinary in the context of the past 30 days.

ZPR closed at 9.47, up 0.85% on the day. Volume of 305,282 was high but not extraordinary in the context of the past 30 days.

Five-year Canada yields were up 14bp to 1.29% today.

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices

Values are provisional and are finalized monthly
Index Mean
Current
Yield
(at bid)
Median
YTW
Median
Average
Trading
Value
Median
Mod Dur
(YTW)
Issues Day’s Perf. Index Value
Ratchet 0.00 % 0.00 % 0 0.00 0 1.8931 % 1,836.7
FixedFloater 0.00 % 0.00 % 0 0.00 0 1.8931 % 3,370.2
Floater 6.50 % 6.60 % 51,335 12.94 4 1.8931 % 1,942.3
OpRet 0.00 % 0.00 % 0 0.00 0 -0.1579 % 3,375.7
SplitShare 4.67 % 4.45 % 64,302 4.06 7 -0.1579 % 4,031.3
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.1579 % 3,145.4
Perpetual-Premium 5.62 % -18.39 % 61,463 0.09 6 -0.0976 % 2,979.6
Perpetual-Discount 5.48 % 5.64 % 65,626 14.39 28 0.3133 % 3,118.1
FixedReset Disc 5.59 % 5.24 % 171,202 14.77 73 1.4953 % 2,048.6
Deemed-Retractible 5.30 % 6.14 % 78,282 7.90 27 0.3296 % 3,103.1
FloatingReset 4.62 % 6.93 % 62,914 7.99 3 0.8719 % 2,301.2
FixedReset Prem 5.26 % 4.10 % 138,488 1.63 14 0.1343 % 2,575.4
FixedReset Bank Non 1.97 % 4.14 % 94,064 2.33 3 0.5443 % 2,664.3
FixedReset Ins Non 5.51 % 7.76 % 101,155 8.04 21 0.8809 % 2,090.8
Performance Highlights
Issue Index Change Notes
SLF.PR.H FixedReset Ins Non -1.02 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 15.59
Bid-YTW : 8.79 %
BMO.PR.D FixedReset Disc 1.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 21.06
Evaluated at bid price : 21.06
Bid-YTW : 5.18 %
BNS.PR.H FixedReset Disc 1.01 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-01-26
Maturity Price : 25.00
Evaluated at bid price : 25.05
Bid-YTW : 5.02 %
BMO.PR.W FixedReset Disc 1.04 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 16.45
Evaluated at bid price : 16.45
Bid-YTW : 5.15 %
BAM.PR.B Floater 1.05 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 10.61
Evaluated at bid price : 10.61
Bid-YTW : 6.65 %
EMA.PR.H FixedReset Disc 1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 23.18
Evaluated at bid price : 24.80
Bid-YTW : 4.89 %
IAF.PR.I FixedReset Ins Non 1.07 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 18.90
Bid-YTW : 7.74 %
EMA.PR.C FixedReset Disc 1.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 17.84
Evaluated at bid price : 17.84
Bid-YTW : 5.68 %
MFC.PR.C Deemed-Retractible 1.08 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 20.64
Bid-YTW : 6.89 %
RY.PR.J FixedReset Disc 1.09 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 18.50
Evaluated at bid price : 18.50
Bid-YTW : 5.28 %
GWO.PR.T Deemed-Retractible 1.09 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 23.10
Bid-YTW : 6.14 %
BAM.PR.X FixedReset Disc 1.12 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 12.61
Evaluated at bid price : 12.61
Bid-YTW : 5.87 %
HSE.PR.G FixedReset Disc 1.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 17.55
Evaluated at bid price : 17.55
Bid-YTW : 6.66 %
HSE.PR.E FixedReset Disc 1.16 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 17.50
Evaluated at bid price : 17.50
Bid-YTW : 6.74 %
SLF.PR.A Deemed-Retractible 1.17 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 21.70
Bid-YTW : 6.51 %
MFC.PR.F FixedReset Ins Non 1.21 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 12.50
Bid-YTW : 10.49 %
MFC.PR.R FixedReset Ins Non 1.24 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 23.74
Bid-YTW : 5.59 %
TRP.PR.D FixedReset Disc 1.25 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 16.20
Evaluated at bid price : 16.20
Bid-YTW : 5.67 %
TD.PF.L FixedReset Disc 1.26 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 22.82
Evaluated at bid price : 24.05
Bid-YTW : 4.77 %
PWF.PR.P FixedReset Disc 1.28 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 12.66
Evaluated at bid price : 12.66
Bid-YTW : 5.41 %
NA.PR.G FixedReset Disc 1.29 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 19.59
Evaluated at bid price : 19.59
Bid-YTW : 5.36 %
TRP.PR.C FixedReset Disc 1.33 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 11.40
Evaluated at bid price : 11.40
Bid-YTW : 5.88 %
BMO.PR.C FixedReset Disc 1.37 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 21.44
Evaluated at bid price : 21.44
Bid-YTW : 5.26 %
CM.PR.R FixedReset Disc 1.41 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 20.90
Evaluated at bid price : 20.90
Bid-YTW : 5.45 %
BAM.PF.I FixedReset Disc 1.43 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 23.42
Evaluated at bid price : 24.90
Bid-YTW : 4.98 %
GWO.PR.S Deemed-Retractible 1.44 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 23.89
Bid-YTW : 5.82 %
BMO.PR.S FixedReset Disc 1.47 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 17.91
Evaluated at bid price : 17.91
Bid-YTW : 5.02 %
CM.PR.T FixedReset Disc 1.49 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 22.73
Evaluated at bid price : 23.85
Bid-YTW : 4.87 %
CU.PR.C FixedReset Disc 1.49 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 17.00
Evaluated at bid price : 17.00
Bid-YTW : 5.21 %
MFC.PR.H FixedReset Ins Non 1.58 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 20.56
Bid-YTW : 6.69 %
BAM.PF.B FixedReset Disc 1.59 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 17.25
Evaluated at bid price : 17.25
Bid-YTW : 5.86 %
BIP.PR.E FixedReset Disc 1.59 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 21.38
Evaluated at bid price : 21.70
Bid-YTW : 5.76 %
MFC.PR.G FixedReset Ins Non 1.62 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 18.20
Bid-YTW : 7.90 %
BMO.PR.Y FixedReset Disc 1.63 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 18.70
Evaluated at bid price : 18.70
Bid-YTW : 5.19 %
HSE.PR.C FixedReset Disc 1.69 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 16.28
Evaluated at bid price : 16.28
Bid-YTW : 6.58 %
TD.PF.H FixedReset Disc 1.71 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-10-31
Maturity Price : 25.00
Evaluated at bid price : 25.03
Bid-YTW : 5.05 %
IFC.PR.C FixedReset Ins Non 1.73 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 17.66
Bid-YTW : 8.02 %
RY.PR.S FixedReset Disc 1.73 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 19.96
Evaluated at bid price : 19.96
Bid-YTW : 4.83 %
TD.PF.K FixedReset Disc 1.74 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 19.85
Evaluated at bid price : 19.85
Bid-YTW : 5.06 %
BIP.PR.A FixedReset Disc 1.74 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 17.50
Evaluated at bid price : 17.50
Bid-YTW : 6.72 %
BAM.PF.F FixedReset Disc 1.91 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 17.09
Evaluated at bid price : 17.09
Bid-YTW : 5.97 %
NA.PR.E FixedReset Disc 1.96 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 18.76
Evaluated at bid price : 18.76
Bid-YTW : 5.26 %
BMO.PR.T FixedReset Disc 1.96 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 17.15
Evaluated at bid price : 17.15
Bid-YTW : 5.06 %
TD.PF.E FixedReset Disc 2.00 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 18.87
Evaluated at bid price : 18.87
Bid-YTW : 5.35 %
MFC.PR.Q FixedReset Ins Non 2.03 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 18.64
Bid-YTW : 7.76 %
CU.PR.H Perpetual-Discount 2.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 24.03
Evaluated at bid price : 24.50
Bid-YTW : 5.37 %
TD.PF.B FixedReset Disc 2.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 17.55
Evaluated at bid price : 17.55
Bid-YTW : 5.02 %
NA.PR.S FixedReset Disc 2.18 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 17.32
Evaluated at bid price : 17.32
Bid-YTW : 5.35 %
RY.PR.M FixedReset Disc 2.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 18.05
Evaluated at bid price : 18.05
Bid-YTW : 5.24 %
BAM.PR.R FixedReset Disc 2.29 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 14.76
Evaluated at bid price : 14.76
Bid-YTW : 5.86 %
CM.PR.Q FixedReset Disc 2.31 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 18.19
Evaluated at bid price : 18.19
Bid-YTW : 5.44 %
HSE.PR.A FixedReset Disc 2.32 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 11.46
Evaluated at bid price : 11.46
Bid-YTW : 6.17 %
CM.PR.P FixedReset Disc 2.36 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 16.07
Evaluated at bid price : 16.07
Bid-YTW : 5.35 %
BNS.PR.I FixedReset Disc 2.37 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 20.28
Evaluated at bid price : 20.28
Bid-YTW : 4.85 %
TD.PF.C FixedReset Disc 2.40 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 16.64
Evaluated at bid price : 16.64
Bid-YTW : 5.17 %
IFC.PR.A FixedReset Ins Non 2.45 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 14.65
Bid-YTW : 9.60 %
BAM.PF.G FixedReset Disc 2.59 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 17.40
Evaluated at bid price : 17.40
Bid-YTW : 5.87 %
TD.PF.D FixedReset Disc 2.63 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 18.72
Evaluated at bid price : 18.72
Bid-YTW : 5.29 %
IFC.PR.G FixedReset Ins Non 2.67 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 19.20
Bid-YTW : 7.66 %
NA.PR.W FixedReset Disc 2.73 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 15.80
Evaluated at bid price : 15.80
Bid-YTW : 5.43 %
CM.PR.S FixedReset Disc 2.98 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 18.33
Evaluated at bid price : 18.33
Bid-YTW : 5.23 %
RY.PR.Z FixedReset Disc 3.04 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 17.65
Evaluated at bid price : 17.65
Bid-YTW : 4.91 %
TRP.PR.F FloatingReset 3.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 12.79
Evaluated at bid price : 12.79
Bid-YTW : 6.93 %
TRP.PR.B FixedReset Disc 3.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 10.80
Evaluated at bid price : 10.80
Bid-YTW : 5.59 %
BAM.PR.C Floater 3.19 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 10.68
Evaluated at bid price : 10.68
Bid-YTW : 6.60 %
BAM.PF.E FixedReset Disc 3.23 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 16.00
Evaluated at bid price : 16.00
Bid-YTW : 5.94 %
TRP.PR.E FixedReset Disc 3.25 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 15.25
Evaluated at bid price : 15.25
Bid-YTW : 5.80 %
PWF.PR.A Floater 3.26 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 10.77
Evaluated at bid price : 10.77
Bid-YTW : 6.49 %
BAM.PR.Z FixedReset Disc 3.28 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 18.25
Evaluated at bid price : 18.25
Bid-YTW : 5.91 %
RY.PR.H FixedReset Disc 3.47 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 17.60
Evaluated at bid price : 17.60
Bid-YTW : 4.97 %
TRP.PR.A FixedReset Disc 3.59 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 13.00
Evaluated at bid price : 13.00
Bid-YTW : 5.91 %
TRP.PR.G FixedReset Disc 3.69 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 17.44
Evaluated at bid price : 17.44
Bid-YTW : 5.90 %
BAM.PR.T FixedReset Disc 4.67 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 14.78
Evaluated at bid price : 14.78
Bid-YTW : 5.96 %
Volume Highlights
Issue Index Shares
Traded
Notes
BAM.PF.J FixedReset Disc 102,500 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 22.79
Evaluated at bid price : 23.70
Bid-YTW : 5.04 %
MFC.PR.Q FixedReset Ins Non 63,617 YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 18.64
Bid-YTW : 7.76 %
BMO.PR.D FixedReset Disc 61,300 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 21.06
Evaluated at bid price : 21.06
Bid-YTW : 5.18 %
TRP.PR.J FixedReset Prem 48,800 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-31
Maturity Price : 25.00
Evaluated at bid price : 25.61
Bid-YTW : 4.10 %
BNS.PR.H FixedReset Disc 48,287 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-01-26
Maturity Price : 25.00
Evaluated at bid price : 25.05
Bid-YTW : 5.02 %
MFC.PR.G FixedReset Ins Non 44,895 YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 18.20
Bid-YTW : 7.90 %
There were 38 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
GWO.PR.N FixedReset Ins Non Quote: 13.72 – 14.30
Spot Rate : 0.5800
Average : 0.3877

YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 13.72
Bid-YTW : 9.24 %

BMO.PR.E FixedReset Disc Quote: 19.87 – 20.48
Spot Rate : 0.6100
Average : 0.4230

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 19.87
Evaluated at bid price : 19.87
Bid-YTW : 5.15 %

GWO.PR.M Deemed-Retractible Quote: 25.50 – 26.14
Spot Rate : 0.6400
Average : 0.4816

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2019-10-05
Maturity Price : 25.00
Evaluated at bid price : 25.50
Bid-YTW : -21.85 %

EMA.PR.F FixedReset Disc Quote: 16.14 – 16.80
Spot Rate : 0.6600
Average : 0.5194

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 16.14
Evaluated at bid price : 16.14
Bid-YTW : 5.91 %

PWF.PR.P FixedReset Disc Quote: 12.66 – 13.19
Spot Rate : 0.5300
Average : 0.3990

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 12.66
Evaluated at bid price : 12.66
Bid-YTW : 5.41 %

TRP.PR.G FixedReset Disc Quote: 17.44 – 18.00
Spot Rate : 0.5600
Average : 0.4470

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-09-05
Maturity Price : 17.44
Evaluated at bid price : 17.44
Bid-YTW : 5.90 %

Leave a Reply

You must be logged in to post a comment.