{"id":31267,"date":"2015-11-18T05:13:32","date_gmt":"2015-11-18T10:13:32","guid":{"rendered":"http:\/\/prefblog.com\/?p=31267"},"modified":"2015-11-18T05:13:32","modified_gmt":"2015-11-18T10:13:32","slug":"november-18-2015","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=31267","title":{"rendered":"November 17, 2015"},"content":{"rendered":"

Just the bare bones again today, I’m afraid!<\/p>\n

It was a fine day for the Canadian preferred share market, with PerpetualDiscounts winning 48bp, FixedResets up 44bp and DeemedRetractibles gaining 42bp. The Performance Highlights table is dominated by winners, topped by low-spread insurance issues. Volume was slightly above average.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices<\/strong>
Values are provisional and are finalized monthly<\/td>\n<\/tr>\n
Index<\/td>\nMean
Current
Yield
(at bid)<\/td>\n		Median
YTW<\/td>\n		Median
Average
Trading
Value<\/td>\n		Median
Mod Dur
(YTW)<\/td>\n		Issues<\/td>\nDay’s Perf.<\/td>\nIndex Value<\/td>\n<\/tr>\n
Ratchet<\/td>\n4.22 %<\/td>\n5.06 %<\/td>\n33,535<\/td>\n17.75<\/td>\n1<\/td>\n1.0625 %<\/td>\n1,838.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n6.18 %<\/td>\n5.43 %<\/td>\n28,737<\/td>\n17.00<\/td>\n1<\/td>\n-0.6468 %<\/td>\n3,155.3<\/td>\n<\/tr>\n
Floater<\/td>\n3.94 %<\/td>\n3.97 %<\/td>\n69,577<\/td>\n17.43<\/td>\n3<\/td>\n-1.3151 %<\/td>\n2,006.6<\/td>\n<\/tr>\n
OpRet<\/td>\n4.87 %<\/td>\n3.89 %<\/td>\n33,956<\/td>\n0.77<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,733.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.74 %<\/td>\n5.85 %<\/td>\n138,843<\/td>\n4.36<\/td>\n5<\/td>\n0.1988 %<\/td>\n3,204.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1988 %<\/td>\n2,500.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.76 %<\/td>\n-5.56 %<\/td>\n73,938<\/td>\n0.08<\/td>\n6<\/td>\n0.5538 %<\/td>\n2,522.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.51 %<\/td>\n5.55 %<\/td>\n87,389<\/td>\n14.53<\/td>\n33<\/td>\n0.4781 %<\/td>\n2,600.3<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.80 %<\/td>\n4.41 %<\/td>\n222,953<\/td>\n15.54<\/td>\n76<\/td>\n0.4364 %<\/td>\n2,132.0<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.13 %<\/td>\n4.75 %<\/td>\n115,536<\/td>\n5.40<\/td>\n33<\/td>\n0.4163 %<\/td>\n2,592.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.57 %<\/td>\n3.67 %<\/td>\n54,986<\/td>\n5.77<\/td>\n10<\/td>\n0.4687 %<\/td>\n2,199.6<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset<\/td>\n-2.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 20.12
\nEvaluated at bid price : 20.12
\nBid-YTW : 4.22 %<\/td>\n<\/tr>\n
VNR.PR.A<\/td>\nFixedReset<\/td>\n-2.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 21.36
\nEvaluated at bid price : 21.67
\nBid-YTW : 4.42 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n-1.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 11.95
\nEvaluated at bid price : 11.95
\nBid-YTW : 3.99 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-1.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 12.06
\nEvaluated at bid price : 12.06
\nBid-YTW : 3.96 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset<\/td>\n-1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.72
\nBid-YTW : 4.60 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset<\/td>\n-1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 4.37 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 19.70
\nEvaluated at bid price : 19.70
\nBid-YTW : 4.27 %<\/td>\n<\/tr>\n
BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 21.12
\nEvaluated at bid price : 21.12
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nDeemed-Retractible<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.64
\nBid-YTW : 6.59 %<\/td>\n<\/tr>\n
BAM.PR.E<\/td>\nRatchet<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 25.00
\nEvaluated at bid price : 16.17
\nBid-YTW : 5.06 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nDeemed-Retractible<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.69
\nBid-YTW : 6.04 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 15.63
\nEvaluated at bid price : 15.63
\nBid-YTW : 4.72 %<\/td>\n<\/tr>\n
BNS.PR.B<\/td>\nFloatingReset<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.78
\nBid-YTW : 3.67 %<\/td>\n<\/tr>\n
FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 21.36
\nEvaluated at bid price : 21.65
\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 19.78
\nEvaluated at bid price : 19.78
\nBid-YTW : 4.00 %<\/td>\n<\/tr>\n
POW.PR.B<\/td>\nPerpetual-Discount<\/td>\n1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 23.61
\nEvaluated at bid price : 23.88
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nDeemed-Retractible<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.55
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 21.10
\nEvaluated at bid price : 21.10
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 16.72
\nEvaluated at bid price : 16.72
\nBid-YTW : 5.03 %<\/td>\n<\/tr>\n
BMO.PR.R<\/td>\nFloatingReset<\/td>\n1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.90
\nBid-YTW : 3.52 %<\/td>\n<\/tr>\n
PVS.PR.B<\/td>\nSplitShare<\/td>\n1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2019-01-10
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.35
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nDeemed-Retractible<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.85
\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n
POW.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 24.48
\nEvaluated at bid price : 24.94
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 14.81
\nEvaluated at bid price : 14.81
\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n
GWO.PR.M<\/td>\nDeemed-Retractible<\/td>\n1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2019-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.80
\nBid-YTW : 5.05 %<\/td>\n<\/tr>\n
FTS.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 22.10
\nEvaluated at bid price : 22.32
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 22.61
\nEvaluated at bid price : 22.86
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset<\/td>\n1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 19.60
\nEvaluated at bid price : 19.60
\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset<\/td>\n1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 19.08
\nEvaluated at bid price : 19.08
\nBid-YTW : 4.19 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset<\/td>\n1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.60
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset<\/td>\n1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 14.72
\nEvaluated at bid price : 14.72
\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset<\/td>\n1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 14.15
\nEvaluated at bid price : 14.15
\nBid-YTW : 4.42 %<\/td>\n<\/tr>\n
IAG.PR.G<\/td>\nFixedReset<\/td>\n1.90 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.63
\nBid-YTW : 4.72 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset<\/td>\n1.90 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 15.03
\nBid-YTW : 8.79 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset<\/td>\n1.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 14.23
\nEvaluated at bid price : 14.23
\nBid-YTW : 4.26 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset<\/td>\n1.95 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 20.87
\nEvaluated at bid price : 20.87
\nBid-YTW : 4.66 %<\/td>\n<\/tr>\n
HSE.PR.E<\/td>\nFixedReset<\/td>\n2.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 22.26
\nEvaluated at bid price : 22.90
\nBid-YTW : 4.95 %<\/td>\n<\/tr>\n
MFC.PR.G<\/td>\nFixedReset<\/td>\n2.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.26
\nBid-YTW : 4.98 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset<\/td>\n2.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.48
\nBid-YTW : 6.39 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n2.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 13.90
\nBid-YTW : 9.09 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset<\/td>\n2.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 18.29
\nEvaluated at bid price : 18.29
\nBid-YTW : 4.66 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset<\/td>\n3.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.35
\nBid-YTW : 8.01 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset<\/td>\n3.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 14.10
\nBid-YTW : 9.63 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset<\/td>\n3.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 15.00
\nBid-YTW : 9.11 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset<\/td>\n3.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 15.16
\nEvaluated at bid price : 15.16
\nBid-YTW : 4.22 %<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
Volume Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nShares
Traded<\/td>\n		Notes<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset<\/td>\n199,850<\/td>\nScotia crossed blocks of 155,000 and 22,400, both at 16.55.
\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 16.72
\nEvaluated at bid price : 16.72
\nBid-YTW : 5.03 %<\/td>\n<\/tr>\n
RY.PR.I<\/td>\nFixedReset<\/td>\n79,701<\/td>\nRBC crossed blocks of 45,500 and 25,000, both at 24.50.
\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.40
\nBid-YTW : 3.66 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset<\/td>\n76,306<\/td>\nNesbitt crossed 15,000 at 20.06 and 50,000 at 19.90.
\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 19.93
\nEvaluated at bid price : 19.93
\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset<\/td>\n70,380<\/td>\nDesjardins crossed 60,000 at 17.00.
\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.35
\nBid-YTW : 8.01 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset<\/td>\n60,325<\/td>\nRBC crossed 50,000 at 20.20.
\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 20.09
\nEvaluated at bid price : 20.09
\nBid-YTW : 4.25 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset<\/td>\n37,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 15.16
\nEvaluated at bid price : 15.16
\nBid-YTW : 4.22 %<\/td>\n<\/tr>\n
There were 37 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n
Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nQuote Data and Yield Notes<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset<\/td>\nQuote: 14.72 – 15.29
\nSpot Rate : 0.5700
\nAverage : 0.3310<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 14.72
\nEvaluated at bid price : 14.72
\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n

TRP.PR.B<\/td>\nFixedReset<\/td>\nQuote: 13.22 – 13.69
\nSpot Rate : 0.4700
\nAverage : 0.3168<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 13.22
\nEvaluated at bid price : 13.22
\nBid-YTW : 4.22 %<\/td>\n<\/tr>\n

BNS.PR.A<\/td>\nFloatingReset<\/td>\nQuote: 23.42 – 23.85
\nSpot Rate : 0.4300
\nAverage : 0.2911<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.42
\nBid-YTW : 3.54 %<\/td>\n<\/tr>\n

VNR.PR.A<\/td>\nFixedReset<\/td>\nQuote: 21.67 – 22.30
\nSpot Rate : 0.6300
\nAverage : 0.4994<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 21.36
\nEvaluated at bid price : 21.67
\nBid-YTW : 4.42 %<\/td>\n<\/tr>\n

BAM.PR.G<\/td>\nFixedFloater<\/td>\nQuote: 15.36 – 15.85
\nSpot Rate : 0.4900
\nAverage : 0.3722<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2045-11-17
\nMaturity Price : 25.00
\nEvaluated at bid price : 15.36
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n

SLF.PR.H<\/td>\nFixedReset<\/td>\nQuote: 19.26 – 19.56
\nSpot Rate : 0.3000
\nAverage : 0.1896<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.26
\nBid-YTW : 6.66 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Just the bare bones again today, I’m afraid! It was a fine day for the Canadian preferred share market, with PerpetualDiscounts winning 48bp, FixedResets up 44bp and DeemedRetractibles gaining 42bp. The Performance Highlights table is …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-31267","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/31267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31267"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/31267\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}