Oil action is in the news today:
Energy stocks led Canada’s main stock index higher on Monday, despite a plunge in crude prices as the market waits for news of support from Ottawa for the oil and gas industry.
The Toronto Stock Exchange’s S&P/TSX composite index was unofficially up 350.76 points, or 2.76%, at 13,038.50 The index fell as low as 12,548.96 in morning trading.
Nine of the index’s 11 major sectors were higher, paced by the energy sector, which rose 11.9%.
Global oil benchmark Brent crude plunged to its cheapest in almost 18 years on Monday and U.S. crude briefly tumbled below $20 per barrel on growing fears the global coronavirus shutdown could last months and demand for fuel will decline further.
…
Brent futures fell $2.17, or 8.7%, to settle at $22.76 a barrel, their lowest close since November 2002, while U.S. West Texas Intermediate (WTI) crude fell $1.42, or 6.6%, to $20.09, the lowest close since February 2002.
…
Economists expect a number of weak reports on the economy to come in through the week. The lowlight will likely be Friday’s jobs report, where economists expect to see the largest fall in the nation’s payrolls since the Great Recession.
But who knows? Maybe Trump will join OPEC with his pals MBS and Putin:
U.S. President Donald Trump and Russian President Vladimir Putin agreed during a phone call on Monday to have their top energy officials meet to discuss slumping global oil markets, the Kremlin said, as Trump called Russia’s price war with Saudi Arabia “crazy.”
The agreement marks a new twist in global oil diplomacy since a failed deal earlier this month between the Organization of the Petroleum Exporting Countries and Russia to cut production ignited the price war between Russia and OPEC’s de facto leader Saudi Arabia.
…
Shortly before Monday’s phone call, Trump said Saudi Arabia and Russia “both went crazy” in their oil-price war and that “I never thought I’d be saying that maybe we have to have an oil (price) increase, because we do.”“The price is so low now they’re fighting like crazy over, over distribution and over how many barrels to let go,” Trump said in an interview on Fox News.
It would seem worthwhile to do something about US coronavirus testing costs:
The coronavirus bills passed so far — and those on the table — offer inadequate protection from a system primed to bill patients for all kinds of costs. The Families First Coronavirus Response Act, passed this month, says that the test and its related charges will be covered with no patient charge only to the extent that they are related to administering the test or evaluating whether a patient needs it.
That leaves hospital billers and coders wide berth. Mr. Cencini went to the E.R. to get a test, as he was instructed to do. When he called to protest his $1,622.52 for hospital charges (his insurer’s discounted rate from over $2,500 in the hospital’s billed charges), a patient representative confirmed that the E.R. visit and other services performed would be “eligible for cost-sharing” (in his case, all of it, since he’d not met his deductible).
This weekend he was notified that the physician charge from Emergency Care Services of New York was $1,166. Though “covered” by his insurance, he owes another $321 for that, bringing his out-of-pocket costs to nearly $2,000.
By the way, his test came back negative.
TXPR closed at 458.72, up 2.66% on the day. Volume today was 2.82-million, second-lowest of the past thirty days, ahead of only March 5.
CPD closed at 9.17, up 1.78% on the day. Volume was 140,404, well below the average of the past 30 trading days.
ZPR closed at 7.15, up 2.88% on the day. Volume of 803,406 was low in the context of the past 30 trading days.
Five-year Canada yields were unchanged at 0.63% 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 | 2.2766 % | 1,329.5 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 2.2766 % | 2,439.5 |
| Floater | 5.78 % | 5.90 % | 50,995 | 14.05 | 4 | 2.2766 % | 1,405.9 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.6805 % | 3,091.1 |
| SplitShare | 5.37 % | 7.79 % | 80,184 | 3.96 | 7 | 0.6805 % | 3,691.4 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.6805 % | 2,880.2 |
| Perpetual-Premium | 6.85 % | 7.11 % | 107,103 | 12.44 | 12 | 3.0981 % | 2,501.5 |
| Perpetual-Discount | 6.54 % | 6.85 % | 89,275 | 12.77 | 24 | 1.2080 % | 2,682.9 |
| FixedReset Disc | 7.96 % | 6.59 % | 212,257 | 12.72 | 64 | 2.9732 % | 1,518.8 |
| Deemed-Retractible | 6.33 % | 6.96 % | 103,546 | 12.63 | 27 | 2.2127 % | 2,671.9 |
| FloatingReset | 5.47 % | 5.56 % | 61,644 | 14.49 | 3 | 0.6738 % | 1,591.3 |
| FixedReset Prem | 6.40 % | 6.37 % | 208,289 | 13.27 | 22 | 3.2291 % | 2,119.3 |
| FixedReset Bank Non | 1.99 % | 5.32 % | 126,550 | 1.78 | 3 | 0.8196 % | 2,664.7 |
| FixedReset Ins Non | 7.97 % | 6.98 % | 114,676 | 12.17 | 22 | 2.6912 % | 1,476.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BAM.PF.A | FixedReset Disc | -9.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.71 Evaluated at bid price : 12.71 Bid-YTW : 7.66 % |
| HSE.PR.G | FixedReset Disc | -5.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 9.25 Evaluated at bid price : 9.25 Bid-YTW : 11.20 % |
| SLF.PR.H | FixedReset Ins Non | -4.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 10.08 Evaluated at bid price : 10.08 Bid-YTW : 6.88 % |
| IFC.PR.A | FixedReset Ins Non | -2.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 9.28 Evaluated at bid price : 9.28 Bid-YTW : 6.76 % |
| BAM.PF.G | FixedReset Disc | -2.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.71 Evaluated at bid price : 12.71 Bid-YTW : 6.77 % |
| CIU.PR.A | Perpetual-Discount | -2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 16.98 Evaluated at bid price : 16.98 Bid-YTW : 6.87 % |
| BNS.PR.H | FixedReset Prem | -1.91 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 18.00 Evaluated at bid price : 18.00 Bid-YTW : 6.77 % |
| TRP.PR.G | FixedReset Disc | -1.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 13.00 Evaluated at bid price : 13.00 Bid-YTW : 6.92 % |
| CU.PR.E | Perpetual-Discount | -1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 18.78 Evaluated at bid price : 18.78 Bid-YTW : 6.62 % |
| SLF.PR.J | FloatingReset | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 8.00 Evaluated at bid price : 8.00 Bid-YTW : 5.07 % |
| HSE.PR.C | FixedReset Disc | -1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 9.25 Evaluated at bid price : 9.25 Bid-YTW : 11.23 % |
| BIP.PR.E | FixedReset Disc | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 16.75 Evaluated at bid price : 16.75 Bid-YTW : 7.53 % |
| CU.PR.G | Perpetual-Discount | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 18.00 Evaluated at bid price : 18.00 Bid-YTW : 6.34 % |
| GWO.PR.I | Deemed-Retractible | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 16.20 Evaluated at bid price : 16.20 Bid-YTW : 7.00 % |
| BMO.PR.Z | Perpetual-Discount | 1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 20.75 Evaluated at bid price : 20.75 Bid-YTW : 6.11 % |
| RY.PR.W | Perpetual-Discount | 1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 6.00 % |
| TD.PF.I | FixedReset Disc | 1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 14.85 Evaluated at bid price : 14.85 Bid-YTW : 6.42 % |
| PWF.PR.H | Perpetual-Premium | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 20.25 Evaluated at bid price : 20.25 Bid-YTW : 7.26 % |
| BMO.PR.C | FixedReset Disc | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 15.35 Evaluated at bid price : 15.35 Bid-YTW : 6.59 % |
| W.PR.K | FixedReset Prem | 1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 6.72 % |
| POW.PR.C | Perpetual-Premium | 1.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 20.40 Evaluated at bid price : 20.40 Bid-YTW : 7.15 % |
| RY.PR.E | Deemed-Retractible | 1.29 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 23.50 Bid-YTW : 8.39 % |
| PVS.PR.D | SplitShare | 1.34 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2021-10-08 Maturity Price : 25.00 Evaluated at bid price : 23.51 Bid-YTW : 9.01 % |
| BAM.PR.B | Floater | 1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 7.30 Evaluated at bid price : 7.30 Bid-YTW : 5.90 % |
| BAM.PR.K | Floater | 1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 7.30 Evaluated at bid price : 7.30 Bid-YTW : 5.90 % |
| BAM.PF.D | Perpetual-Discount | 1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 18.01 Evaluated at bid price : 18.01 Bid-YTW : 6.86 % |
| BAM.PR.C | Floater | 1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 7.18 Evaluated at bid price : 7.18 Bid-YTW : 6.00 % |
| BIP.PR.D | FixedReset Disc | 1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 17.90 Evaluated at bid price : 17.90 Bid-YTW : 7.04 % |
| MFC.PR.C | Deemed-Retractible | 1.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 16.60 Evaluated at bid price : 16.60 Bid-YTW : 6.85 % |
| GWO.PR.Q | Deemed-Retractible | 1.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 18.53 Evaluated at bid price : 18.53 Bid-YTW : 7.01 % |
| POW.PR.G | Perpetual-Premium | 1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 19.50 Evaluated at bid price : 19.50 Bid-YTW : 7.22 % |
| PWF.PR.Z | Perpetual-Discount | 1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 18.60 Evaluated at bid price : 18.60 Bid-YTW : 7.07 % |
| GWO.PR.F | Deemed-Retractible | 1.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 21.38 Evaluated at bid price : 21.38 Bid-YTW : 6.96 % |
| TRP.PR.E | FixedReset Disc | 1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 10.45 Evaluated at bid price : 10.45 Bid-YTW : 7.62 % |
| BMO.PR.S | FixedReset Disc | 1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.20 Evaluated at bid price : 12.20 Bid-YTW : 6.56 % |
| GWO.PR.R | Deemed-Retractible | 1.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 17.55 Evaluated at bid price : 17.55 Bid-YTW : 6.89 % |
| RY.PR.A | Deemed-Retractible | 1.68 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 23.55 Bid-YTW : 8.21 % |
| SLF.PR.E | Deemed-Retractible | 1.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 17.00 Evaluated at bid price : 17.00 Bid-YTW : 6.67 % |
| GWO.PR.S | Deemed-Retractible | 1.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 18.53 Evaluated at bid price : 18.53 Bid-YTW : 7.14 % |
| SLF.PR.A | Deemed-Retractible | 1.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 17.92 Evaluated at bid price : 17.92 Bid-YTW : 6.68 % |
| BAM.PR.X | FixedReset Disc | 1.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 9.47 Evaluated at bid price : 9.47 Bid-YTW : 6.44 % |
| RY.PR.C | Deemed-Retractible | 1.85 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 23.68 Bid-YTW : 8.06 % |
| BAM.PF.I | FixedReset Prem | 1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 19.78 Evaluated at bid price : 19.78 Bid-YTW : 6.11 % |
| TD.PF.F | Perpetual-Discount | 1.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 20.55 Evaluated at bid price : 20.55 Bid-YTW : 6.08 % |
| RY.PR.N | Perpetual-Discount | 1.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 6.06 % |
| PWF.PR.K | Perpetual-Discount | 1.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 17.90 Evaluated at bid price : 17.90 Bid-YTW : 7.06 % |
| GWO.PR.T | Deemed-Retractible | 2.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 18.36 Evaluated at bid price : 18.36 Bid-YTW : 7.07 % |
| BIP.PR.B | FixedReset Prem | 2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 6.70 % |
| BMO.PR.Q | FixedReset Bank Non | 2.02 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 22.70 Bid-YTW : 7.34 % |
| PWF.PR.P | FixedReset Disc | 2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 8.57 Evaluated at bid price : 8.57 Bid-YTW : 6.48 % |
| PWF.PR.L | Perpetual-Discount | 2.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 18.29 Evaluated at bid price : 18.29 Bid-YTW : 7.12 % |
| ELF.PR.H | Perpetual-Premium | 2.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 19.45 Evaluated at bid price : 19.45 Bid-YTW : 7.10 % |
| GWO.PR.P | Deemed-Retractible | 2.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 19.10 Evaluated at bid price : 19.10 Bid-YTW : 7.13 % |
| IAF.PR.G | FixedReset Ins Non | 2.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 11.85 Evaluated at bid price : 11.85 Bid-YTW : 7.40 % |
| IFC.PR.C | FixedReset Ins Non | 2.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.28 Evaluated at bid price : 12.28 Bid-YTW : 6.65 % |
| NA.PR.E | FixedReset Disc | 2.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 13.05 Evaluated at bid price : 13.05 Bid-YTW : 6.74 % |
| TRP.PR.K | FixedReset Prem | 2.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 19.85 Evaluated at bid price : 19.85 Bid-YTW : 6.26 % |
| BIP.PR.A | FixedReset Disc | 2.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.30 Evaluated at bid price : 12.30 Bid-YTW : 8.48 % |
| BMO.PR.W | FixedReset Disc | 2.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.29 Evaluated at bid price : 12.29 Bid-YTW : 6.40 % |
| PWF.PR.R | Perpetual-Premium | 2.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 19.75 Evaluated at bid price : 19.75 Bid-YTW : 7.11 % |
| TD.PF.G | FixedReset Prem | 2.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 6.37 % |
| GWO.PR.N | FixedReset Ins Non | 2.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 8.79 Evaluated at bid price : 8.79 Bid-YTW : 5.38 % |
| POW.PR.B | Perpetual-Discount | 2.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 18.90 Evaluated at bid price : 18.90 Bid-YTW : 7.11 % |
| PWF.PR.S | Perpetual-Discount | 2.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 17.65 Evaluated at bid price : 17.65 Bid-YTW : 6.94 % |
| CU.PR.I | FixedReset Prem | 2.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 5.56 % |
| TD.PF.J | FixedReset Disc | 2.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 14.56 Evaluated at bid price : 14.56 Bid-YTW : 6.23 % |
| RY.PR.F | Deemed-Retractible | 2.56 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 23.60 Bid-YTW : 8.09 % |
| BAM.PF.J | FixedReset Prem | 2.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 19.12 Evaluated at bid price : 19.12 Bid-YTW : 6.26 % |
| PWF.PR.O | Perpetual-Premium | 2.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 7.16 % |
| PWF.PR.E | Perpetual-Premium | 2.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 19.75 Evaluated at bid price : 19.75 Bid-YTW : 7.11 % |
| NA.PR.W | FixedReset Disc | 2.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 11.80 Evaluated at bid price : 11.80 Bid-YTW : 6.77 % |
| CM.PR.R | FixedReset Disc | 2.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 14.11 Evaluated at bid price : 14.11 Bid-YTW : 7.15 % |
| MFC.PR.Q | FixedReset Ins Non | 2.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 13.14 Evaluated at bid price : 13.14 Bid-YTW : 6.63 % |
| TD.PF.L | FixedReset Disc | 2.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 16.80 Evaluated at bid price : 16.80 Bid-YTW : 6.37 % |
| PVS.PR.H | SplitShare | 2.74 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2027-02-28 Maturity Price : 25.00 Evaluated at bid price : 22.50 Bid-YTW : 6.62 % |
| GWO.PR.L | Deemed-Retractible | 2.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 7.12 % |
| NA.PR.C | FixedReset Disc | 2.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 14.65 Evaluated at bid price : 14.65 Bid-YTW : 7.10 % |
| BMO.PR.Y | FixedReset Disc | 2.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.34 Evaluated at bid price : 12.34 Bid-YTW : 6.77 % |
| MFC.PR.O | FixedReset Ins Non | 2.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 19.86 Evaluated at bid price : 19.86 Bid-YTW : 7.06 % |
| BAM.PR.Z | FixedReset Disc | 2.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 14.40 Evaluated at bid price : 14.40 Bid-YTW : 6.53 % |
| SLF.PR.B | Deemed-Retractible | 2.87 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 18.30 Evaluated at bid price : 18.30 Bid-YTW : 6.61 % |
| POW.PR.A | Perpetual-Premium | 2.87 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 19.72 Evaluated at bid price : 19.72 Bid-YTW : 7.14 % |
| CM.PR.Q | FixedReset Disc | 2.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 11.78 Evaluated at bid price : 11.78 Bid-YTW : 7.16 % |
| BAM.PF.H | FixedReset Prem | 3.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 20.35 Evaluated at bid price : 20.35 Bid-YTW : 6.19 % |
| IFC.PR.F | Deemed-Retractible | 3.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 20.84 Evaluated at bid price : 20.84 Bid-YTW : 6.41 % |
| ELF.PR.G | Perpetual-Discount | 3.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 17.25 Evaluated at bid price : 17.25 Bid-YTW : 6.92 % |
| NA.PR.S | FixedReset Disc | 3.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 11.87 Evaluated at bid price : 11.87 Bid-YTW : 7.00 % |
| CU.PR.C | FixedReset Disc | 3.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 13.45 Evaluated at bid price : 13.45 Bid-YTW : 5.70 % |
| GWO.PR.H | Deemed-Retractible | 3.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 17.83 Evaluated at bid price : 17.83 Bid-YTW : 6.86 % |
| RY.PR.Q | FixedReset Prem | 3.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 21.43 Evaluated at bid price : 21.43 Bid-YTW : 6.07 % |
| TD.PF.A | FixedReset Disc | 3.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.50 Evaluated at bid price : 12.50 Bid-YTW : 6.23 % |
| TRP.PR.A | FixedReset Disc | 3.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 10.85 Evaluated at bid price : 10.85 Bid-YTW : 6.46 % |
| CM.PR.Y | FixedReset Disc | 3.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 16.90 Evaluated at bid price : 16.90 Bid-YTW : 6.62 % |
| PWF.PR.Q | FloatingReset | 3.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 8.27 Evaluated at bid price : 8.27 Bid-YTW : 5.56 % |
| RY.PR.S | FixedReset Disc | 3.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 15.30 Evaluated at bid price : 15.30 Bid-YTW : 5.60 % |
| MFC.PR.R | FixedReset Ins Non | 3.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 15.60 Evaluated at bid price : 15.60 Bid-YTW : 7.23 % |
| PWF.PR.F | Perpetual-Discount | 3.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 18.87 Evaluated at bid price : 18.87 Bid-YTW : 7.11 % |
| EML.PR.A | FixedReset Ins Non | 3.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 18.62 Evaluated at bid price : 18.62 Bid-YTW : 7.52 % |
| BIP.PR.C | FixedReset Prem | 3.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 19.10 Evaluated at bid price : 19.10 Bid-YTW : 7.06 % |
| TD.PF.C | FixedReset Disc | 3.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.62 Evaluated at bid price : 12.62 Bid-YTW : 6.23 % |
| PWF.PR.I | Perpetual-Premium | 3.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 21.86 Evaluated at bid price : 22.10 Bid-YTW : 6.92 % |
| RY.PR.Z | FixedReset Disc | 3.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.61 Evaluated at bid price : 12.61 Bid-YTW : 6.07 % |
| RY.PR.M | FixedReset Disc | 3.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 13.15 Evaluated at bid price : 13.15 Bid-YTW : 6.18 % |
| RY.PR.O | Perpetual-Discount | 3.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 6.06 % |
| BAM.PF.F | FixedReset Disc | 3.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 13.65 Evaluated at bid price : 13.65 Bid-YTW : 6.65 % |
| BMO.PR.F | FixedReset Disc | 3.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 17.36 Evaluated at bid price : 17.36 Bid-YTW : 6.35 % |
| TD.PF.B | FixedReset Disc | 3.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.52 Evaluated at bid price : 12.52 Bid-YTW : 6.25 % |
| TD.PF.H | FixedReset Prem | 3.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 18.46 Evaluated at bid price : 18.46 Bid-YTW : 6.50 % |
| MFC.PR.K | FixedReset Ins Non | 3.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 11.85 Evaluated at bid price : 11.85 Bid-YTW : 6.73 % |
| GWO.PR.M | Deemed-Retractible | 3.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 6.96 % |
| IAF.PR.I | FixedReset Ins Non | 4.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.75 Evaluated at bid price : 12.75 Bid-YTW : 7.16 % |
| MFC.PR.I | FixedReset Ins Non | 4.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.84 Evaluated at bid price : 12.84 Bid-YTW : 7.05 % |
| GWO.PR.G | Deemed-Retractible | 4.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 18.75 Evaluated at bid price : 18.75 Bid-YTW : 6.99 % |
| RY.PR.H | FixedReset Disc | 4.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.92 Evaluated at bid price : 12.92 Bid-YTW : 5.99 % |
| BMO.PR.B | FixedReset Prem | 4.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 18.45 Evaluated at bid price : 18.45 Bid-YTW : 6.41 % |
| BMO.PR.T | FixedReset Disc | 4.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.00 Evaluated at bid price : 12.00 Bid-YTW : 6.42 % |
| TRP.PR.J | FixedReset Prem | 4.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 21.35 Evaluated at bid price : 21.64 Bid-YTW : 6.43 % |
| BAM.PF.B | FixedReset Disc | 4.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 13.07 Evaluated at bid price : 13.07 Bid-YTW : 6.79 % |
| RY.PR.J | FixedReset Disc | 4.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 13.83 Evaluated at bid price : 13.83 Bid-YTW : 6.07 % |
| MFC.PR.H | FixedReset Ins Non | 4.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 13.05 Evaluated at bid price : 13.05 Bid-YTW : 7.33 % |
| CM.PR.P | FixedReset Disc | 4.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 11.79 Evaluated at bid price : 11.79 Bid-YTW : 6.70 % |
| MFC.PR.G | FixedReset Ins Non | 4.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.30 Evaluated at bid price : 12.30 Bid-YTW : 7.23 % |
| RY.PR.P | Perpetual-Premium | 4.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 22.22 Evaluated at bid price : 22.50 Bid-YTW : 5.90 % |
| NA.PR.X | FixedReset Prem | 4.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 20.52 Evaluated at bid price : 20.52 Bid-YTW : 6.80 % |
| TD.PF.K | FixedReset Disc | 4.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 14.40 Evaluated at bid price : 14.40 Bid-YTW : 6.25 % |
| PWF.PR.A | Floater | 4.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 7.87 Evaluated at bid price : 7.87 Bid-YTW : 5.52 % |
| BNS.PR.G | FixedReset Prem | 4.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 21.42 Evaluated at bid price : 21.75 Bid-YTW : 6.21 % |
| BMO.PR.D | FixedReset Disc | 4.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 15.00 Evaluated at bid price : 15.00 Bid-YTW : 6.51 % |
| MFC.PR.J | FixedReset Ins Non | 5.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.62 Evaluated at bid price : 12.62 Bid-YTW : 6.98 % |
| BMO.PR.E | FixedReset Disc | 5.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 15.00 Evaluated at bid price : 15.00 Bid-YTW : 6.11 % |
| NA.PR.G | FixedReset Disc | 5.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 13.71 Evaluated at bid price : 13.71 Bid-YTW : 6.93 % |
| SLF.PR.I | FixedReset Ins Non | 5.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.90 Evaluated at bid price : 12.90 Bid-YTW : 6.55 % |
| PWF.PR.G | Perpetual-Premium | 5.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 21.33 Evaluated at bid price : 21.60 Bid-YTW : 6.96 % |
| CM.PR.T | FixedReset Disc | 5.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 16.60 Evaluated at bid price : 16.60 Bid-YTW : 6.35 % |
| BIK.PR.A | FixedReset Prem | 5.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 21.10 Evaluated at bid price : 21.10 Bid-YTW : 6.99 % |
| BNS.PR.E | FixedReset Prem | 5.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 6.27 % |
| CCS.PR.C | Deemed-Retractible | 5.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 18.75 Evaluated at bid price : 18.75 Bid-YTW : 6.72 % |
| RY.PR.R | FixedReset Prem | 5.91 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 21.87 Evaluated at bid price : 22.40 Bid-YTW : 6.07 % |
| MFC.PR.N | FixedReset Ins Non | 5.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 11.50 Evaluated at bid price : 11.50 Bid-YTW : 6.30 % |
| IFC.PR.I | Perpetual-Premium | 6.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 6.53 % |
| CM.PR.O | FixedReset Disc | 6.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 11.55 Evaluated at bid price : 11.55 Bid-YTW : 6.78 % |
| BNS.PR.I | FixedReset Disc | 6.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 15.25 Evaluated at bid price : 15.25 Bid-YTW : 5.74 % |
| MFC.PR.F | FixedReset Ins Non | 6.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 7.90 Evaluated at bid price : 7.90 Bid-YTW : 6.37 % |
| CM.PR.S | FixedReset Disc | 6.78 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.60 Evaluated at bid price : 12.60 Bid-YTW : 6.57 % |
| IFC.PR.E | Deemed-Retractible | 7.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 20.04 Evaluated at bid price : 20.04 Bid-YTW : 6.54 % |
| NA.PR.A | FixedReset Prem | 7.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 19.83 Evaluated at bid price : 19.83 Bid-YTW : 6.73 % |
| BAM.PR.T | FixedReset Disc | 7.84 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 11.00 Evaluated at bid price : 11.00 Bid-YTW : 6.77 % |
| TRP.PR.C | FixedReset Disc | 8.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 8.32 Evaluated at bid price : 8.32 Bid-YTW : 6.37 % |
| TRP.PR.D | FixedReset Disc | 26.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.25 Evaluated at bid price : 12.25 Bid-YTW : 6.52 % |
| BAM.PR.R | FixedReset Disc | 34.78 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 10.85 Evaluated at bid price : 10.85 Bid-YTW : 6.69 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| HSE.PR.A | FixedReset Disc | 438,875 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 5.20 Evaluated at bid price : 5.20 Bid-YTW : 11.25 % |
| SLF.PR.A | Deemed-Retractible | 338,817 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 17.92 Evaluated at bid price : 17.92 Bid-YTW : 6.68 % |
| TD.PF.M | FixedReset Disc | 67,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 17.40 Evaluated at bid price : 17.40 Bid-YTW : 6.45 % |
| BMO.PR.D | FixedReset Disc | 45,935 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 15.00 Evaluated at bid price : 15.00 Bid-YTW : 6.51 % |
| BAM.PF.A | FixedReset Disc | 30,001 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 12.71 Evaluated at bid price : 12.71 Bid-YTW : 7.66 % |
| TD.PF.K | FixedReset Disc | 28,652 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-03-30 Maturity Price : 14.40 Evaluated at bid price : 14.40 Bid-YTW : 6.25 % |
| There were 35 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| BMO.PR.Y | FixedReset Disc | Quote: 12.34 – 19.75 Spot Rate : 7.4100 Average : 4.3065 YTW SCENARIO |
| MFC.PR.K | FixedReset Ins Non | Quote: 11.85 – 18.10 Spot Rate : 6.2500 Average : 3.5571 YTW SCENARIO |
| MFC.PR.G | FixedReset Ins Non | Quote: 12.30 – 19.17 Spot Rate : 6.8700 Average : 4.4734 YTW SCENARIO |
| CIU.PR.A | Perpetual-Discount | Quote: 16.98 – 20.00 Spot Rate : 3.0200 Average : 1.8592 YTW SCENARIO |
| CU.PR.I | FixedReset Prem | Quote: 20.50 – 22.95 Spot Rate : 2.4500 Average : 1.4778 YTW SCENARIO |
| BAM.PF.A | FixedReset Disc | Quote: 12.71 – 15.15 Spot Rate : 2.4400 Average : 1.5150 YTW SCENARIO |