{"id":32897,"date":"2016-04-08T20:31:55","date_gmt":"2016-04-09T01:31:55","guid":{"rendered":"http:\/\/prefblog.com\/?p=32897"},"modified":"2016-04-08T20:31:55","modified_gmt":"2016-04-09T01:31:55","slug":"april-8-2016","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=32897","title":{"rendered":"April 8, 2016"},"content":{"rendered":"

RioCan REIT, proud issuer of REI.PR.C, has been confirmed at Pfd-3 by DBRS<\/a>:<\/p>\n

DBRS Limited (DBRS) has today confirmed RioCan Real Estate Investment Trust\u2019s (RioCan or the Trust) Senior Unsecured Debentures rating and Senior Unsecured Debentures, Series I rating at BBB (high) and its Preferred Trust Units rating at Pfd-3 (high), all with Stable trends. The confirmation of the ratings consider RioCan\u2019s recently announced U.S. portfolio sale (the Transaction; see DBRS press release dated December 21, 2015) and plan to use proceeds from the Transaction to temporarily reduce debt.
…<\/b>
Proceeds from the Transaction are expected to mainly pay down debt, which should temporarily improve key financial metrics to levels that are better placed within the BBB (high) rating category.<\/p>\n

DBRS, however, expects the Trust will use this additional financial capacity to fund its substantial development pipeline with a higher proportion of debt than equity. As at Q4 2015, RioCan\u2019s active development pipeline totalled approximately $1.6 billion in projected construction costs, including near-term leased projects of approximately $184 million before the end of 2016 (at RioCan\u2019s share). DBRS believes the Trust will primarily use debt financing to fund these developments in the near to medium term, which should bring key financial metrics to lower levels, albeit still commensurate with the BBB (high) rating category.<\/p>\n

DBRS believes a positive rating action could occur if RioCan increases the size of its portfolio, reduces its geographic concentration and improves EBITDA interest coverage (including capitalized interest) above 3.0 times (x), bringing the Trust to levels more consistent with the A (low) rating category. A negative rating action could occur if RioCan experiences any development mishaps, lower rents and\/or tenant departures causing EBITDA interest coverage to fall below 2.3x on a sustained basis.<\/p><\/blockquote>\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>\n4.74 %<\/td>\n5.76 %<\/td>\n9,789<\/td>\n16.96<\/td>\n1<\/td>\n1.7857 %<\/td>\n1,658.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n6.73 %<\/td>\n5.92 %<\/td>\n20,380<\/td>\n16.38<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,952.9<\/td>\n<\/tr>\n
Floater<\/td>\n4.58 %<\/td>\n4.71 %<\/td>\n59,259<\/td>\n16.06<\/td>\n4<\/td>\n-0.6256 %<\/td>\n1,691.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2509 %<\/td>\n2,798.1<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.73 %<\/td>\n5.08 %<\/td>\n92,421<\/td>\n1.59<\/td>\n6<\/td>\n-0.2509 %<\/td>\n3,274.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2509 %<\/td>\n2,554.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.79 %<\/td>\n-12.54 %<\/td>\n91,116<\/td>\n0.09<\/td>\n6<\/td>\n0.1914 %<\/td>\n2,587.5<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.54 %<\/td>\n5.57 %<\/td>\n93,672<\/td>\n14.57<\/td>\n33<\/td>\n0.0905 %<\/td>\n2,633.7<\/td>\n<\/tr>\n
FixedReset<\/td>\n5.11 %<\/td>\n4.53 %<\/td>\n180,796<\/td>\n14.06<\/td>\n87<\/td>\n0.4192 %<\/td>\n1,994.5<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.17 %<\/td>\n5.39 %<\/td>\n124,330<\/td>\n5.10<\/td>\n34<\/td>\n0.1228 %<\/td>\n2,637.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.07 %<\/td>\n4.78 %<\/td>\n35,476<\/td>\n5.39<\/td>\n17<\/td>\n1.1894 %<\/td>\n2,068.7<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset<\/td>\n-2.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 14.58
\nEvaluated at bid price : 14.58
\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset<\/td>\n-1.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 4.26 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset<\/td>\n-1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 20.31
\nEvaluated at bid price : 20.31
\nBid-YTW : 4.34 %<\/td>\n<\/tr>\n
CIU.PR.C<\/td>\nFixedReset<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 11.25
\nEvaluated at bid price : 11.25
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.10
\nBid-YTW : 7.83 %<\/td>\n<\/tr>\n
IAG.PR.G<\/td>\nFixedReset<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 6.75 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 21.09
\nEvaluated at bid price : 21.09
\nBid-YTW : 3.84 %<\/td>\n<\/tr>\n
BNS.PR.D<\/td>\nFloatingReset<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.35
\nBid-YTW : 7.11 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 14.70
\nBid-YTW : 10.05 %<\/td>\n<\/tr>\n
MFC.PR.G<\/td>\nFixedReset<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.60
\nBid-YTW : 7.06 %<\/td>\n<\/tr>\n
TD.PR.S<\/td>\nFixedReset<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.20
\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.22
\nBid-YTW : 6.68 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nDeemed-Retractible<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.01
\nBid-YTW : 6.89 %<\/td>\n<\/tr>\n
TD.PR.T<\/td>\nFloatingReset<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.55
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 15.08
\nEvaluated at bid price : 15.08
\nBid-YTW : 4.59 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 20.82
\nEvaluated at bid price : 20.82
\nBid-YTW : 4.54 %<\/td>\n<\/tr>\n
BNS.PR.R<\/td>\nFixedReset<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.47
\nBid-YTW : 4.34 %<\/td>\n<\/tr>\n
BNS.PR.Q<\/td>\nFixedReset<\/td>\n1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.10
\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n
MFC.PR.H<\/td>\nFixedReset<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.03
\nBid-YTW : 6.36 %<\/td>\n<\/tr>\n
VNR.PR.A<\/td>\nFixedReset<\/td>\n1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 17.86
\nEvaluated at bid price : 17.86
\nBid-YTW : 5.03 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset<\/td>\n1.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.03
\nBid-YTW : 7.68 %<\/td>\n<\/tr>\n
HSE.PR.G<\/td>\nFixedReset<\/td>\n1.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 19.30
\nEvaluated at bid price : 19.30
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
BNS.PR.F<\/td>\nFloatingReset<\/td>\n1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.81
\nBid-YTW : 7.04 %<\/td>\n<\/tr>\n
GWO.PR.O<\/td>\nFloatingReset<\/td>\n1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 12.25
\nBid-YTW : 10.93 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset<\/td>\n1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 17.50
\nEvaluated at bid price : 17.50
\nBid-YTW : 4.25 %<\/td>\n<\/tr>\n
BAM.PR.E<\/td>\nRatchet<\/td>\n1.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 25.00
\nEvaluated at bid price : 14.25
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n2.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 12.71
\nBid-YTW : 10.60 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n2.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 12.58
\nEvaluated at bid price : 12.58
\nBid-YTW : 4.74 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset<\/td>\n2.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 12.70
\nEvaluated at bid price : 12.70
\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n
HSE.PR.B<\/td>\nFloatingReset<\/td>\n2.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 9.85
\nEvaluated at bid price : 9.85
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset<\/td>\n2.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 19.30
\nEvaluated at bid price : 19.30
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset<\/td>\n2.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 19.60
\nEvaluated at bid price : 19.60
\nBid-YTW : 4.84 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset<\/td>\n2.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 17.25
\nEvaluated at bid price : 17.25
\nBid-YTW : 4.35 %<\/td>\n<\/tr>\n
TRP.PR.H<\/td>\nFloatingReset<\/td>\n3.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 10.25
\nEvaluated at bid price : 10.25
\nBid-YTW : 4.25 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset<\/td>\n4.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 19.43
\nEvaluated at bid price : 19.43
\nBid-YTW : 4.37 %<\/td>\n<\/tr>\n
HSE.PR.C<\/td>\nFixedReset<\/td>\n5.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 17.50
\nEvaluated at bid price : 17.50
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n
PWF.PR.Q<\/td>\nFloatingReset<\/td>\n5.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 12.10
\nEvaluated at bid price : 12.10
\nBid-YTW : 4.23 %<\/td>\n<\/tr>\n
TRP.PR.I<\/td>\nFloatingReset<\/td>\n7.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 11.35
\nEvaluated at bid price : 11.35
\nBid-YTW : 4.38 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset<\/td>\n8.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.70
\nBid-YTW : 7.28 %<\/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
TD.PF.G<\/td>\nFixedReset<\/td>\n45,435<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.05
\nBid-YTW : 4.52 %<\/td>\n<\/tr>\n
RY.PR.Q<\/td>\nFixedReset<\/td>\n43,399<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.52
\nBid-YTW : 4.56 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset<\/td>\n33,731<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 19.48
\nEvaluated at bid price : 19.48
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
VNR.PR.A<\/td>\nFixedReset<\/td>\n30,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 17.86
\nEvaluated at bid price : 17.86
\nBid-YTW : 5.03 %<\/td>\n<\/tr>\n
BAM.PF.H<\/td>\nFixedReset<\/td>\n28,033<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.97
\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset<\/td>\n23,638<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 19.43
\nEvaluated at bid price : 19.43
\nBid-YTW : 4.37 %<\/td>\n<\/tr>\n
There were 18 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
BMO.PR.Q<\/td>\nFixedReset<\/td>\nQuote: 19.36 – 19.99
\nSpot Rate : 0.6300
\nAverage : 0.3991<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.36
\nBid-YTW : 6.84 %<\/td>\n<\/tr>\n

SLF.PR.H<\/td>\nFixedReset<\/td>\nQuote: 15.76 – 16.34
\nSpot Rate : 0.5800
\nAverage : 0.3845<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 15.76
\nBid-YTW : 9.16 %<\/td>\n<\/tr>\n

VNR.PR.A<\/td>\nFixedReset<\/td>\nQuote: 17.86 – 18.44
\nSpot Rate : 0.5800
\nAverage : 0.3887<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 17.86
\nEvaluated at bid price : 17.86
\nBid-YTW : 5.03 %<\/td>\n<\/tr>\n

CIU.PR.C<\/td>\nFixedReset<\/td>\nQuote: 11.25 – 12.24
\nSpot Rate : 0.9900
\nAverage : 0.8246<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-04-08
\nMaturity Price : 11.25
\nEvaluated at bid price : 11.25
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n

GWO.PR.F<\/td>\nDeemed-Retractible<\/td>\nQuote: 25.41 – 25.75
\nSpot Rate : 0.3400
\nAverage : 0.2058<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2016-05-08
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.41
\nBid-YTW : -12.17 %<\/td>\n<\/tr>\n

BNS.PR.Y<\/td>\nFixedReset<\/td>\nQuote: 20.06 – 20.49
\nSpot Rate : 0.4300
\nAverage : 0.3098<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.06
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

RioCan REIT, proud issuer of REI.PR.C, has been confirmed at Pfd-3 by DBRS: DBRS Limited (DBRS) has today confirmed RioCan Real Estate Investment Trust\u2019s (RioCan or the Trust) Senior Unsecured Debentures rating and Senior Unsecured …<\/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-32897","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32897","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=32897"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32897\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}