TXPR closed at 590.71, down 1.31% on the day. Volume today was 2.04-million, fourth-highest of the past 21 trading days.
CPD closed at 11.83, down 0.59% on the day and hitting a new 52-week low. Volume was 145,260, third-highest of the past 21 trading days. The 52-week high for CPD, by the way, is 14.15 – so should it hit 11.32 we can solemnly discuss how the preferred share market has crashed. Maybe we’ll get on TV!
ZPR closed at 9.85 down 1.10% on the day. Volume of 358,370 was highest of the past 21 trading days.
Five-year Canada yields were down to 2.99% today. Maybe all this inflation nonsense is over now! Or maybe:
Bond yields saw some of their biggest declines of the year Thursday after soft U.S. economic data and the first interest rate hike in 11 years by the European Central Bank spurred more concern that a recession is just around the corner.
Stocks closed higher, with U.S. indexes posting bigger gains than the TSX thanks to a rally in growth stocks.
…
The number of Americans enrolling for unemployment benefits rose last week to the highest in eight months and a gauge of factory activity slumped this month, the latest indications the U.S. economy is slowing under the weight of rising interest rates and high inflation.
The European Central Bank raised interest rates by more than expected on Thursday as concerns about runaway inflation trumped worries about growth, even while the euro zone economy is suffering from the impact of Russia’s war in Ukraine.
The ECB raised its benchmark deposit rate by 50 basis points to zero percent, breaking its own guidance for a 25 basis point move as it joined global peers in jacking up borrowing costs. It was the ECB’s first rate increase in 11 years.
Policymakers also agreed to provide extra help for the euro zone’s big debtor nations – Italy among them – with a new bond purchase scheme. Sources told Reuters they did not expect to use it imminently despite a selloff in Italian bonds.
Ending an eight-year experiment with negative interest rates, the ECB also lifted its main refinancing rate to 0.50%, and promised another hike, possibly as soon as its Sept. 8 meeting, with more to follow later.
…
But even if the ECB is now moving more quickly, Ms. Lagarde said the terminal rate – or level where hikes end – has not changed.The ECB did not provide guidance for its expected rate hike in September, saying only that further increases will be as appropriate and decisions will be made meeting-by-meeting.
The ECB had for weeks guided markets to expect a 25-basis-point increase on Thursday, but sources close to the discussion told Reuters early this week that 50 basis points had come into play as part of a deal including help for indebted countries.
I love market chatter and the chatterers! Apparently this unchanged forecast for the terminal rate – which is what? maybe a year away? – has cheered everybody up, or at least those who have forgotten that last week the forecast was to hike rates 0.25% this week.
| 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 | -1.5010 % | 2,436.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.5010 % | 4,674.0 |
| Floater | 6.48 % | 6.57 % | 41,872 | 13.08 | 3 | -1.5010 % | 2,693.6 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.3502 % | 3,459.7 |
| SplitShare | 4.92 % | 5.79 % | 45,753 | 3.13 | 8 | -0.3502 % | 4,131.7 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.3502 % | 3,223.7 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.5780 % | 2,827.8 |
| Perpetual-Discount | 6.03 % | 6.10 % | 70,601 | 13.77 | 34 | -0.5780 % | 3,083.6 |
| FixedReset Disc | 4.96 % | 6.61 % | 112,197 | 13.37 | 56 | -1.5577 % | 2,374.3 |
| Insurance Straight | 6.02 % | 6.09 % | 82,949 | 13.75 | 18 | -0.5707 % | 2,986.2 |
| FloatingReset | 7.03 % | 7.38 % | 44,852 | 12.07 | 2 | -2.2970 % | 2,451.2 |
| FixedReset Prem | 5.10 % | 5.55 % | 128,470 | 1.92 | 10 | -0.7888 % | 2,554.0 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.5577 % | 2,427.0 |
| FixedReset Ins Non | 5.00 % | 6.99 % | 53,963 | 12.68 | 14 | -2.3107 % | 2,437.2 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| TRP.PR.A | FixedReset Disc | -12.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 13.20 Evaluated at bid price : 13.20 Bid-YTW : 9.09 % |
| BAM.PR.X | FixedReset Disc | -6.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 16.60 Evaluated at bid price : 16.60 Bid-YTW : 7.37 % |
| TD.PF.D | FixedReset Disc | -5.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 6.85 % |
| BMO.PR.T | FixedReset Disc | -5.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 19.50 Evaluated at bid price : 19.50 Bid-YTW : 6.70 % |
| CU.PR.I | FixedReset Prem | -5.10 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-01 Maturity Price : 25.00 Evaluated at bid price : 24.02 Bid-YTW : 6.04 % |
| TRP.PR.G | FixedReset Disc | -4.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 17.90 Evaluated at bid price : 17.90 Bid-YTW : 7.69 % |
| TD.PF.C | FixedReset Disc | -4.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 19.20 Evaluated at bid price : 19.20 Bid-YTW : 6.74 % |
| TRP.PR.F | FloatingReset | -4.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 15.45 Evaluated at bid price : 15.45 Bid-YTW : 7.38 % |
| FTS.PR.G | FixedReset Disc | -4.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 17.50 Evaluated at bid price : 17.50 Bid-YTW : 7.58 % |
| MFC.PR.Q | FixedReset Ins Non | -3.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 20.47 Evaluated at bid price : 20.47 Bid-YTW : 6.99 % |
| SLF.PR.G | FixedReset Ins Non | -3.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 13.71 Evaluated at bid price : 13.71 Bid-YTW : 7.38 % |
| MFC.PR.N | FixedReset Ins Non | -3.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 17.52 Evaluated at bid price : 17.52 Bid-YTW : 7.41 % |
| MFC.PR.L | FixedReset Ins Non | -3.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 17.29 Evaluated at bid price : 17.29 Bid-YTW : 7.49 % |
| PWF.PR.P | FixedReset Disc | -3.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 13.20 Evaluated at bid price : 13.20 Bid-YTW : 7.75 % |
| FTS.PR.H | FixedReset Disc | -3.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 13.07 Evaluated at bid price : 13.07 Bid-YTW : 7.82 % |
| MFC.PR.J | FixedReset Ins Non | -3.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 21.01 Evaluated at bid price : 21.01 Bid-YTW : 6.90 % |
| BAM.PF.A | FixedReset Disc | -3.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 7.19 % |
| BAM.PR.Z | FixedReset Disc | -3.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 21.70 Evaluated at bid price : 22.11 Bid-YTW : 6.90 % |
| RY.PR.Z | FixedReset Disc | -2.91 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 20.05 Evaluated at bid price : 20.05 Bid-YTW : 6.54 % |
| TRP.PR.D | FixedReset Disc | -2.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 16.50 Evaluated at bid price : 16.50 Bid-YTW : 8.12 % |
| MFC.PR.F | FixedReset Ins Non | -2.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 13.60 Evaluated at bid price : 13.60 Bid-YTW : 7.39 % |
| CM.PR.P | FixedReset Disc | -2.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 19.60 Evaluated at bid price : 19.60 Bid-YTW : 6.57 % |
| MFC.PR.M | FixedReset Ins Non | -2.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 17.84 Evaluated at bid price : 17.84 Bid-YTW : 7.42 % |
| BMO.PR.S | FixedReset Disc | -2.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 20.78 Evaluated at bid price : 20.78 Bid-YTW : 6.46 % |
| CU.PR.C | FixedReset Disc | -2.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 20.06 Evaluated at bid price : 20.06 Bid-YTW : 6.90 % |
| NA.PR.S | FixedReset Disc | -2.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 20.16 Evaluated at bid price : 20.16 Bid-YTW : 6.68 % |
| TRP.PR.E | FixedReset Disc | -2.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 16.00 Evaluated at bid price : 16.00 Bid-YTW : 8.19 % |
| IFC.PR.C | FixedReset Disc | -2.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 18.16 Evaluated at bid price : 18.16 Bid-YTW : 7.18 % |
| BAM.PF.B | FixedReset Disc | -2.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 7.46 % |
| PWF.PR.T | FixedReset Disc | -2.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 18.32 Evaluated at bid price : 18.32 Bid-YTW : 7.39 % |
| BAM.PF.E | FixedReset Disc | -2.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 17.26 Evaluated at bid price : 17.26 Bid-YTW : 7.71 % |
| NA.PR.W | FixedReset Disc | -2.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 19.20 Evaluated at bid price : 19.20 Bid-YTW : 6.71 % |
| PWF.PR.H | Perpetual-Discount | -2.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 23.17 Evaluated at bid price : 23.43 Bid-YTW : 6.16 % |
| MFC.PR.K | FixedReset Ins Non | -2.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 19.08 Evaluated at bid price : 19.08 Bid-YTW : 7.04 % |
| TRP.PR.B | FixedReset Disc | -1.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 11.80 Evaluated at bid price : 11.80 Bid-YTW : 8.22 % |
| BAM.PR.K | Floater | -1.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 12.65 Evaluated at bid price : 12.65 Bid-YTW : 6.58 % |
| IFC.PR.G | FixedReset Ins Non | -1.92 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 20.45 Evaluated at bid price : 20.45 Bid-YTW : 6.99 % |
| BMO.PR.W | FixedReset Disc | -1.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 20.01 Evaluated at bid price : 20.01 Bid-YTW : 6.52 % |
| PVS.PR.F | SplitShare | -1.76 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2024-09-30 Maturity Price : 25.00 Evaluated at bid price : 24.51 Bid-YTW : 6.08 % |
| IAF.PR.I | FixedReset Ins Non | -1.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 22.62 Evaluated at bid price : 23.25 Bid-YTW : 6.31 % |
| BAM.PF.I | FixedReset Prem | -1.67 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 24.70 Bid-YTW : 5.80 % |
| GWO.PR.P | Insurance Straight | -1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 21.57 Evaluated at bid price : 21.83 Bid-YTW : 6.24 % |
| RY.PR.S | FixedReset Disc | -1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 22.93 Evaluated at bid price : 23.34 Bid-YTW : 5.92 % |
| CU.PR.H | Perpetual-Discount | -1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 21.65 Evaluated at bid price : 21.65 Bid-YTW : 6.17 % |
| TD.PF.B | FixedReset Disc | -1.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 19.69 Evaluated at bid price : 19.69 Bid-YTW : 6.63 % |
| BAM.PR.R | FixedReset Disc | -1.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 16.10 Evaluated at bid price : 16.10 Bid-YTW : 7.62 % |
| PWF.PR.E | Perpetual-Discount | -1.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 21.98 Evaluated at bid price : 22.22 Bid-YTW : 6.21 % |
| TD.PF.A | FixedReset Disc | -1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 19.65 Evaluated at bid price : 19.65 Bid-YTW : 6.57 % |
| BAM.PR.B | Floater | -1.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 12.66 Evaluated at bid price : 12.66 Bid-YTW : 6.57 % |
| PWF.PR.K | Perpetual-Discount | -1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 20.15 Evaluated at bid price : 20.15 Bid-YTW : 6.18 % |
| MIC.PR.A | Perpetual-Discount | -1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 6.60 % |
| BMO.PR.E | FixedReset Disc | -1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 22.72 Evaluated at bid price : 23.17 Bid-YTW : 6.28 % |
| IFC.PR.K | Perpetual-Discount | -1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 21.31 Evaluated at bid price : 21.60 Bid-YTW : 6.13 % |
| BAM.PF.G | FixedReset Disc | -1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 17.85 Evaluated at bid price : 17.85 Bid-YTW : 7.68 % |
| SLF.PR.D | Insurance Straight | -1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 18.77 Evaluated at bid price : 18.77 Bid-YTW : 5.99 % |
| BIP.PR.F | FixedReset Disc | -1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 23.16 Evaluated at bid price : 23.60 Bid-YTW : 6.37 % |
| CU.PR.J | Perpetual-Discount | -1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 19.70 Evaluated at bid price : 19.70 Bid-YTW : 6.13 % |
| GWO.PR.R | Insurance Straight | -1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 19.75 Evaluated at bid price : 19.75 Bid-YTW : 6.15 % |
| SLF.PR.C | Insurance Straight | -1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 18.87 Evaluated at bid price : 18.87 Bid-YTW : 5.96 % |
| PWF.PR.L | Perpetual-Discount | -1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 20.66 Evaluated at bid price : 20.66 Bid-YTW : 6.21 % |
| GWO.PR.Q | Insurance Straight | -1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 20.96 Evaluated at bid price : 20.96 Bid-YTW : 6.22 % |
| PWF.PR.F | Perpetual-Discount | -1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 21.26 Evaluated at bid price : 21.26 Bid-YTW : 6.21 % |
| IFC.PR.I | Perpetual-Discount | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 22.16 Evaluated at bid price : 22.50 Bid-YTW : 6.05 % |
| BAM.PR.C | Floater | -1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 12.75 Evaluated at bid price : 12.75 Bid-YTW : 6.53 % |
| FTS.PR.M | FixedReset Disc | -1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 18.45 Evaluated at bid price : 18.45 Bid-YTW : 7.37 % |
| PVS.PR.K | SplitShare | -1.06 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2029-05-31 Maturity Price : 25.00 Evaluated at bid price : 23.30 Bid-YTW : 5.79 % |
| IFC.PR.A | FixedReset Ins Non | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 17.47 Evaluated at bid price : 17.47 Bid-YTW : 6.96 % |
| RY.PR.H | FixedReset Disc | 1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 6.41 % |
| TD.PF.L | FixedReset Prem | 1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 23.97 Evaluated at bid price : 24.30 Bid-YTW : 6.48 % |
| CCS.PR.C | Insurance Straight | 1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 5.88 % |
| BMO.PR.Y | FixedReset Disc | 2.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 20.30 Evaluated at bid price : 20.30 Bid-YTW : 6.62 % |
| TD.PF.J | FixedReset Disc | 3.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 22.16 Evaluated at bid price : 22.85 Bid-YTW : 6.34 % |
| RY.PR.J | FixedReset Disc | 3.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 20.90 Evaluated at bid price : 20.90 Bid-YTW : 6.55 % |
| BAM.PF.F | FixedReset Disc | 5.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 18.90 Evaluated at bid price : 18.90 Bid-YTW : 7.64 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| RY.PR.M | FixedReset Disc | 204,410 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 20.36 Evaluated at bid price : 20.36 Bid-YTW : 6.45 % |
| TD.PF.D | FixedReset Disc | 114,762 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 6.85 % |
| TD.PF.E | FixedReset Disc | 85,813 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 20.65 Evaluated at bid price : 20.65 Bid-YTW : 6.61 % |
| MFC.PR.I | FixedReset Ins Non | 83,483 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 23.18 Evaluated at bid price : 24.27 Bid-YTW : 6.21 % |
| TD.PF.I | FixedReset Disc | 48,869 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 23.50 Evaluated at bid price : 24.41 Bid-YTW : 6.29 % |
| BMO.PR.S | FixedReset Disc | 28,074 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-21 Maturity Price : 20.78 Evaluated at bid price : 20.78 Bid-YTW : 6.46 % |
| There were 16 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| MFC.PR.M | FixedReset Ins Non | Quote: 17.84 – 21.50 Spot Rate : 3.6600 Average : 2.9212 YTW SCENARIO |
| TRP.PR.A | FixedReset Disc | Quote: 13.20 – 15.35 Spot Rate : 2.1500 Average : 1.4658 YTW SCENARIO |
| BAM.PR.M | Perpetual-Discount | Quote: 19.90 – 21.00 Spot Rate : 1.1000 Average : 0.6688 YTW SCENARIO |
| BAM.PF.G | FixedReset Disc | Quote: 17.85 – 19.35 Spot Rate : 1.5000 Average : 1.0694 YTW SCENARIO |
| CU.PR.I | FixedReset Prem | Quote: 24.02 – 25.01 Spot Rate : 0.9900 Average : 0.6004 YTW SCENARIO |
| IFC.PR.A | FixedReset Ins Non | Quote: 17.47 – 18.89 Spot Rate : 1.4200 Average : 1.0442 YTW SCENARIO |