TXPR closed at 647.35, down 0.87% on the day. Volume today was 2.29-million, well above the median of the past 21 trading days.
CPD closed at 12.80, down 1.46% on the day. Volume was 62,090, slightly above the median of the past 21 trading days.
ZPR closed at 10.73 down 1.02% on the day. Volume of 297,580 was second-highest of the past 21 trading days.
Five-year Canada yields were down to 3.19% today.
The Bank of Canada released its Financial System Review – 2022:
Fragile liquidity in fixed-income markets is an ongoing structural vulnerability. A sudden spike in demand for liquidity from asset managers could exceed the willingness of banks to supply such liquidity, causing large price movements and a potential freeze in some markets. The recent tightening in financial conditions and increased market volatility have reduced liquidity.
…
This structural vulnerability has developed in part because the asset management sector—which includes investment funds, pension funds and insurance companies—has grown from $2.3 trillion in assets under management in 2008 to $7.1 trillion in 2021. Over this period, some asset managers have shifted their portfolios to riskier, less-liquid assets. For instance, mutual funds have increased their allocations to corporate bonds from more-liquid government bonds, including those with a lower quality of credit….Market functioning could be severely impaired if these dealers are unwilling to buy these assets if, for example, the riskiness of these assets increases or dealers approach internal risk limits. This happened in March 2020, causing some fixed-income markets to freeze and making it harder for firms to generate cash. (… For a more detailed assessment, see J.-S. Fontaine, C. Garriott, J. Johal, J. Lee, and A. Uthemann, “COVID‑19 Crisis: Lessons Learned for Future Policy Research,” Bank of Canada Staff Discussion Paper No. 2021-2 (February 2021).)
BoC Goveernor Tiff Macklem is talking tough:
Bank of Canada governor Tiff Macklem said the central bank may need to raise its benchmark interest rate to 3 per cent or above to bring inflation under control, and that the bank’s governing council is open to larger rate hikes if needed.
This echoes remarks made by deputy governor Paul Beaudry last week. It opens the door to a 75 basis point interest rate hike at the bank’s next meeting in July.
“We may need to take more interest rate steps to get inflation back to target. Or we may need to move more quickly, we may need to take a larger step,” Mr. Macklem said in a Thursday news conference following the release of the central bank’s annual Financial System Review.
It’s enough to drive a man to drink, and I don’t mean milk:
The cost of milk is rising at its fastest clip in years, propelled by a big annual hike in the benchmark regulated price in Canada’s supply management system.
And now, dairy farmers are asking for an unusual mid-year increase that, if approved, is certain to push retail prices even higher. That may seem like a slam-dunk condemnation of Canada’s tightly regulated dairy market, with its production quotas, government-dictated prices and even a butter-storage surcharge.
…
It’s worth noting, however, that U.S. consumers enjoyed relatively low milk prices for more than a half-decade. Regulated Canadian prices were generally trending upward during that time; Canadian consumers did not get the price breaks their U.S. counterparts did.So, supply management has cost Canadian milk consumers – but those costs arrived long before the current inflationary surge.
| 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 | -0.1903 % | 2,686.0 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1903 % | 5,151.7 |
| Floater | 4.63 % | 4.69 % | 46,002 | 15.96 | 3 | -0.1903 % | 2,969.0 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4900 % | 3,522.2 |
| SplitShare | 4.83 % | 5.10 % | 35,774 | 3.20 | 8 | -0.4900 % | 4,206.2 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4900 % | 3,281.8 |
| Perpetual-Premium | 5.83 % | 5.94 % | 69,648 | 13.93 | 2 | -0.7708 % | 2,967.7 |
| Perpetual-Discount | 5.64 % | 5.75 % | 62,125 | 14.22 | 34 | -0.4717 % | 3,290.0 |
| FixedReset Disc | 4.48 % | 6.11 % | 128,333 | 14.00 | 57 | -1.5841 % | 2,605.5 |
| Insurance Straight | 5.66 % | 5.67 % | 89,399 | 14.36 | 19 | -1.6874 % | 3,178.9 |
| FloatingReset | 4.92 % | 5.14 % | 48,872 | 15.30 | 2 | -0.1192 % | 2,719.9 |
| FixedReset Prem | 5.04 % | 4.71 % | 128,165 | 2.01 | 9 | -0.4046 % | 2,618.2 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.5841 % | 2,663.3 |
| FixedReset Ins Non | 4.36 % | 6.02 % | 74,013 | 14.15 | 15 | -0.8448 % | 2,755.3 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| TRP.PR.D | FixedReset Disc | -9.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 18.50 Evaluated at bid price : 18.50 Bid-YTW : 7.25 % |
| SLF.PR.H | FixedReset Ins Non | -9.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 18.07 Evaluated at bid price : 18.07 Bid-YTW : 6.47 % |
| GWO.PR.Y | Insurance Straight | -7.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 5.94 % |
| TD.PF.C | FixedReset Disc | -5.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 21.27 Evaluated at bid price : 21.27 Bid-YTW : 6.06 % |
| CM.PR.O | FixedReset Disc | -5.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 6.24 % |
| GWO.PR.P | Insurance Straight | -5.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 22.55 Evaluated at bid price : 22.80 Bid-YTW : 5.93 % |
| RY.PR.M | FixedReset Disc | -4.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 6.18 % |
| MFC.PR.J | FixedReset Ins Non | -4.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 22.56 Evaluated at bid price : 23.15 Bid-YTW : 6.13 % |
| BAM.PF.F | FixedReset Disc | -4.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 21.36 Evaluated at bid price : 21.36 Bid-YTW : 6.76 % |
| NA.PR.W | FixedReset Disc | -3.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 21.41 Evaluated at bid price : 21.41 Bid-YTW : 6.03 % |
| BAM.PF.A | FixedReset Disc | -3.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 22.95 Evaluated at bid price : 23.42 Bid-YTW : 6.43 % |
| BAM.PF.B | FixedReset Disc | -3.74 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 21.32 Evaluated at bid price : 21.61 Bid-YTW : 6.55 % |
| BAM.PF.E | FixedReset Disc | -3.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 19.91 Evaluated at bid price : 19.91 Bid-YTW : 6.70 % |
| MFC.PR.C | Insurance Straight | -3.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 5.51 % |
| TD.PF.B | FixedReset Disc | -3.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 21.37 Evaluated at bid price : 21.37 Bid-YTW : 6.07 % |
| BAM.PF.G | FixedReset Disc | -3.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 20.36 Evaluated at bid price : 20.36 Bid-YTW : 6.75 % |
| CM.PR.S | FixedReset Disc | -3.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 22.82 Evaluated at bid price : 23.50 Bid-YTW : 5.90 % |
| PWF.PR.F | Perpetual-Discount | -2.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 22.13 Evaluated at bid price : 22.41 Bid-YTW : 5.93 % |
| BAM.PR.T | FixedReset Disc | -2.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 18.86 Evaluated at bid price : 18.86 Bid-YTW : 6.65 % |
| TRP.PR.A | FixedReset Disc | -2.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 17.05 Evaluated at bid price : 17.05 Bid-YTW : 6.98 % |
| CCS.PR.C | Insurance Straight | -2.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 22.22 Evaluated at bid price : 22.50 Bid-YTW : 5.56 % |
| GWO.PR.H | Insurance Straight | -2.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 20.74 Evaluated at bid price : 20.74 Bid-YTW : 5.86 % |
| GWO.PR.R | Insurance Straight | -2.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 20.86 Evaluated at bid price : 20.86 Bid-YTW : 5.77 % |
| FTS.PR.G | FixedReset Disc | -2.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 20.77 Evaluated at bid price : 20.77 Bid-YTW : 6.28 % |
| GWO.PR.I | Insurance Straight | -2.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 19.65 Evaluated at bid price : 19.65 Bid-YTW : 5.74 % |
| TRP.PR.G | FixedReset Disc | -2.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 21.93 Evaluated at bid price : 22.30 Bid-YTW : 6.14 % |
| CU.PR.F | Perpetual-Discount | -2.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 5.67 % |
| NA.PR.E | FixedReset Disc | -2.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 23.71 Evaluated at bid price : 24.25 Bid-YTW : 5.84 % |
| TRP.PR.B | FixedReset Disc | -2.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 13.70 Evaluated at bid price : 13.70 Bid-YTW : 7.04 % |
| BAM.PR.X | FixedReset Disc | -2.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 18.55 Evaluated at bid price : 18.55 Bid-YTW : 6.75 % |
| CM.PR.Q | FixedReset Disc | -2.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 21.74 Evaluated at bid price : 22.00 Bid-YTW : 6.11 % |
| MFC.PR.B | Insurance Straight | -2.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 5.43 % |
| CM.PR.P | FixedReset Disc | -1.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 21.31 Evaluated at bid price : 21.61 Bid-YTW : 5.95 % |
| GWO.PR.N | FixedReset Ins Non | -1.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 15.20 Evaluated at bid price : 15.20 Bid-YTW : 6.24 % |
| SLF.PR.C | Insurance Straight | -1.93 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 20.30 Evaluated at bid price : 20.30 Bid-YTW : 5.50 % |
| SLF.PR.E | Insurance Straight | -1.91 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 5.50 % |
| PWF.PR.S | Perpetual-Discount | -1.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 5.86 % |
| TRP.PR.C | FixedReset Disc | -1.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 14.45 Evaluated at bid price : 14.45 Bid-YTW : 7.00 % |
| RY.PR.H | FixedReset Disc | -1.78 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 21.60 Evaluated at bid price : 22.01 Bid-YTW : 5.87 % |
| CU.PR.C | FixedReset Disc | -1.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 21.81 Evaluated at bid price : 22.25 Bid-YTW : 6.21 % |
| TD.PF.J | FixedReset Disc | -1.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 24.00 Evaluated at bid price : 24.50 Bid-YTW : 5.92 % |
| NA.PR.G | FixedReset Disc | -1.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 23.66 Evaluated at bid price : 24.76 Bid-YTW : 5.86 % |
| TD.PF.E | FixedReset Disc | -1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 21.90 Evaluated at bid price : 22.25 Bid-YTW : 6.08 % |
| PWF.PR.P | FixedReset Disc | -1.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 15.35 Evaluated at bid price : 15.35 Bid-YTW : 6.65 % |
| PWF.PR.G | Perpetual-Premium | -1.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 24.92 Evaluated at bid price : 25.15 Bid-YTW : 5.94 % |
| CM.PR.Y | FixedReset Prem | -1.54 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2024-07-31 Maturity Price : 25.00 Evaluated at bid price : 25.55 Bid-YTW : 4.38 % |
| CU.PR.I | FixedReset Prem | -1.46 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-01 Maturity Price : 25.00 Evaluated at bid price : 25.00 Bid-YTW : 4.55 % |
| PWF.PR.Z | Perpetual-Discount | -1.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 22.20 Evaluated at bid price : 22.55 Bid-YTW : 5.77 % |
| TD.PF.K | FixedReset Disc | -1.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 23.57 Evaluated at bid price : 24.00 Bid-YTW : 5.89 % |
| BNS.PR.I | FixedReset Disc | -1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 24.06 Evaluated at bid price : 24.40 Bid-YTW : 5.66 % |
| PVS.PR.I | SplitShare | -1.40 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-10-31 Maturity Price : 25.00 Evaluated at bid price : 24.65 Bid-YTW : 5.24 % |
| GWO.PR.L | Insurance Straight | -1.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 24.05 Evaluated at bid price : 24.30 Bid-YTW : 5.82 % |
| BAM.PR.Z | FixedReset Disc | -1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 23.97 Evaluated at bid price : 24.60 Bid-YTW : 6.18 % |
| FTS.PR.M | FixedReset Disc | -1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 6.45 % |
| POW.PR.A | Perpetual-Discount | -1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 24.22 Evaluated at bid price : 24.51 Bid-YTW : 5.80 % |
| GWO.PR.S | Insurance Straight | -1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 22.75 Evaluated at bid price : 22.99 Bid-YTW : 5.71 % |
| BMO.PR.S | FixedReset Disc | -1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 21.76 Evaluated at bid price : 22.25 Bid-YTW : 5.92 % |
| CU.PR.H | Perpetual-Discount | -1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 22.61 Evaluated at bid price : 22.90 Bid-YTW : 5.76 % |
| BAM.PF.D | Perpetual-Discount | -1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 21.85 Evaluated at bid price : 22.09 Bid-YTW : 5.64 % |
| POW.PR.B | Perpetual-Discount | -1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 23.32 Evaluated at bid price : 23.60 Bid-YTW : 5.75 % |
| FTS.PR.F | Perpetual-Discount | -1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 21.54 Evaluated at bid price : 21.80 Bid-YTW : 5.65 % |
| MFC.PR.Q | FixedReset Ins Non | 1.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 23.15 Evaluated at bid price : 23.70 Bid-YTW : 5.91 % |
| ELF.PR.F | Perpetual-Discount | 1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 22.64 Evaluated at bid price : 22.89 Bid-YTW : 5.88 % |
| SLF.PR.D | Insurance Straight | 1.78 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 20.56 Evaluated at bid price : 20.56 Bid-YTW : 5.43 % |
| FTS.PR.H | FixedReset Disc | 2.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 15.99 Evaluated at bid price : 15.99 Bid-YTW : 6.38 % |
| BMO.PR.W | FixedReset Disc | 2.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 20.52 Evaluated at bid price : 20.52 Bid-YTW : 6.27 % |
| TD.PF.D | FixedReset Disc | 2.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 22.17 Evaluated at bid price : 22.60 Bid-YTW : 5.95 % |
| CU.PR.G | Perpetual-Discount | 2.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 5.53 % |
| MFC.PR.F | FixedReset Ins Non | 4.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 16.14 Evaluated at bid price : 16.14 Bid-YTW : 6.20 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| CM.PR.S | FixedReset Disc | 104,090 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 22.82 Evaluated at bid price : 23.50 Bid-YTW : 5.90 % |
| BMO.PR.F | FixedReset Prem | 66,530 | YTW SCENARIO Maturity Type : Call Maturity Date : 2024-05-25 Maturity Price : 25.00 Evaluated at bid price : 25.40 Bid-YTW : 4.37 % |
| TRP.PR.B | FixedReset Disc | 66,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 13.70 Evaluated at bid price : 13.70 Bid-YTW : 7.04 % |
| TD.PF.K | FixedReset Disc | 56,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 23.57 Evaluated at bid price : 24.00 Bid-YTW : 5.89 % |
| IFC.PR.C | FixedReset Disc | 34,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 22.01 Evaluated at bid price : 22.50 Bid-YTW : 5.81 % |
| FTS.PR.J | Perpetual-Discount | 28,675 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-06-09 Maturity Price : 21.30 Evaluated at bid price : 21.30 Bid-YTW : 5.62 % |
| There were 15 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| SLF.PR.H | FixedReset Ins Non | Quote: 18.07 – 23.50 Spot Rate : 5.4300 Average : 3.3796 YTW SCENARIO |
| CU.PR.F | Perpetual-Discount | Quote: 20.00 – 22.75 Spot Rate : 2.7500 Average : 1.6182 YTW SCENARIO |
| MFC.PR.L | FixedReset Ins Non | Quote: 21.00 – 24.35 Spot Rate : 3.3500 Average : 2.3696 YTW SCENARIO |
| TRP.PR.D | FixedReset Disc | Quote: 18.50 – 20.93 Spot Rate : 2.4300 Average : 1.4549 YTW SCENARIO |
| MFC.PR.N | FixedReset Ins Non | Quote: 21.33 – 24.40 Spot Rate : 3.0700 Average : 2.2995 YTW SCENARIO |
| MFC.PR.J | FixedReset Ins Non | Quote: 23.15 – 24.70 Spot Rate : 1.5500 Average : 0.9321 YTW SCENARIO |