{"id":33258,"date":"2016-06-23T22:40:32","date_gmt":"2016-06-24T03:40:32","guid":{"rendered":"http:\/\/prefblog.com\/?p=33258"},"modified":"2016-06-23T22:40:32","modified_gmt":"2016-06-24T03:40:32","slug":"june-23-2016","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=33258","title":{"rendered":"June 23, 2016"},"content":{"rendered":"

Well, holy smokes<\/a>:<\/p>\n

With more than half the results counted, Britons appear to be choosing to withdraw from the European Union.<\/p>\n

Several polls published at the end of a bitter campaign suggested the Remain forces would win and leaders of the Leave campaign initially said there were many signs they had lost.<\/p>\n

But with more than 200 of the 382 voting areas reporting, Leave was increasing its lead over Remain — 51.5 per cent to 48.5 per cent. The margin between the two sides was about 500,000 votes at that point.
…<\/b>
The pound first soared in Asian markets as the polls were announced, then collapsed when Leave took an early lead. The loss of more than 5 per cent was even larger than during the global financial crisis.<\/p><\/blockquote>\n

So it’s an interesting night<\/a>:<\/p>\n

Global markets buckled, with stocks plunging from Tokyo to London and Chicago, after early results from Britain\u2019s referendum on membership of the European Union put the “Leave” campaign ahead. The pound fell the most on record, while haven assets jumped.<\/p>\n

Sterling tumbled as much as 8.3 percent, the euro retreated from a six-week high and the yen surged. South Africa\u2019s rand led losses among the currencies of commodity-exporting nations, sliding more than 5 percent as oil sank toward $48 a barrel and industrial metals slumped. Gold soared with U.S. Treasuries as investors piled into haven assets. Futures on the FTSE 100 Index plunged with S&P 500 Index contracts as benchmark stock gauges slid across Asia. <\/p><\/blockquote>\n

and<\/a>:<\/p>\n

The pound is making history as the chances of a Brexit grow.<\/p>\n

The U.K. currency is headed for its biggest drop on record as results from Britain\u2019s European Union referendum showed a stronger-than-expected vote for the \u201cLeave\u201d campaign. Volatility accelerated as the results from the referendum filtered through, with sterling trading in a range of more than 13 U.S. cents as an index of betting odds compiled by Oddschecker put the vote to exit the EU at 88 percent, from 23 percent on Thursday.<\/p>\n

The 7.8 percent plunge on Friday compares with the 4.1 percent drop on 1992\u2019s Black Wednesday, when the pound was forced out of Europe\u2019s exchange-rate mechanism — the previous worst daily drop on record. The pound\u2019s biggest-ever intraday decline has already been surpassed – a 5.9 percent decline on Oct. 24, 2008 — when stock markets crashed around the world during the Great Financial Crisis.<\/p><\/blockquote>\n

To date, the most interesting day of my career was fairly early on; September 16, 1992 – when the UK was forced out of the European Exchange Rate Mechanism.<\/p>\n

There’s a pretty good chance that tomorrow will be the second most interesting day of my career!<\/p>\n

But who knows? Maybe even these shattering events will be Trumped in November!<\/p>\n

All this is happening when liquidity in the Canadian preferred share market is getting a little spotty … look at the quotes today, f’rinstance, on AIM.PR.B (10.06-21.50):<\/p>\n

\"AIMPRB_quote_160623\"<\/a>
Click for Big<\/i><\/div>\n

and HSE.PR.B (10.65-22.00)<\/p>\n

\"HSBPRB_quote_160623\"<\/a>
Click for Big<\/i><\/div>\n

HSE.PR.B was also featured on May 31<\/a>. I have not checked whether this lamentable state of affairs is due to inadequate Toronto Stock Exchange reporting<\/a> or inadequate Toronto Stock Exchange supervision of market-makers<\/a>.<\/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>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.8914 %<\/td>\n1,657.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.8914 %<\/td>\n3,027.9<\/td>\n<\/tr>\n
Floater<\/td>\n4.64 %<\/td>\n4.64 %<\/td>\n63,157<\/td>\n16.17<\/td>\n3<\/td>\n0.8914 %<\/td>\n1,745.0<\/td>\n<\/tr>\n
OpRet<\/td>\n4.87 %<\/td>\n0.70 %<\/td>\n37,896<\/td>\n0.08<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,832.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.88 %<\/td>\n4.88 %<\/td>\n87,818<\/td>\n4.64<\/td>\n7<\/td>\n-0.0230 %<\/td>\n3,340.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0230 %<\/td>\n2,606.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.60 %<\/td>\n-10.68 %<\/td>\n77,645<\/td>\n0.09<\/td>\n9<\/td>\n0.2480 %<\/td>\n2,636.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.36 %<\/td>\n5.42 %<\/td>\n103,743<\/td>\n14.76<\/td>\n28<\/td>\n0.2650 %<\/td>\n2,740.7<\/td>\n<\/tr>\n
FixedReset<\/td>\n5.15 %<\/td>\n4.62 %<\/td>\n157,335<\/td>\n7.22<\/td>\n88<\/td>\n0.7379 %<\/td>\n1,977.4<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.12 %<\/td>\n5.26 %<\/td>\n122,034<\/td>\n4.92<\/td>\n33<\/td>\n0.3150 %<\/td>\n2,702.6<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.13 %<\/td>\n5.13 %<\/td>\n30,405<\/td>\n5.20<\/td>\n18<\/td>\n0.7979 %<\/td>\n2,109.6<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
NA.PR.Q<\/td>\nFixedReset<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.46
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 19.81
\nEvaluated at bid price : 19.81
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n
IAG.PR.G<\/td>\nFixedReset<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.90
\nBid-YTW : 7.52 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 17.92
\nEvaluated at bid price : 17.92
\nBid-YTW : 4.54 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.57
\nBid-YTW : 7.60 %<\/td>\n<\/tr>\n
BMO.PR.K<\/td>\nDeemed-Retractible<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2016-07-23
\nMaturity Price : 25.25
\nEvaluated at bid price : 25.64
\nBid-YTW : -8.30 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 20.15
\nEvaluated at bid price : 20.15
\nBid-YTW : 4.33 %<\/td>\n<\/tr>\n
RY.PR.I<\/td>\nFixedReset<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.12
\nBid-YTW : 4.66 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 20.69
\nEvaluated at bid price : 20.69
\nBid-YTW : 4.37 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 19.85
\nEvaluated at bid price : 19.85
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 14.89
\nBid-YTW : 9.95 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 18.70
\nEvaluated at bid price : 18.70
\nBid-YTW : 4.26 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset<\/td>\n1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 11.60
\nEvaluated at bid price : 11.60
\nBid-YTW : 5.17 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 19.62
\nEvaluated at bid price : 19.62
\nBid-YTW : 4.72 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 13.45
\nEvaluated at bid price : 13.45
\nBid-YTW : 4.48 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset<\/td>\n1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 12.37
\nEvaluated at bid price : 12.37
\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.58
\nBid-YTW : 7.58 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.54
\nBid-YTW : 7.54 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.51
\nBid-YTW : 8.27 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 14.00
\nBid-YTW : 9.79 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset<\/td>\n1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 19.39
\nEvaluated at bid price : 19.39
\nBid-YTW : 4.36 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset<\/td>\n1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 18.92
\nEvaluated at bid price : 18.92
\nBid-YTW : 4.94 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset<\/td>\n1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 18.36
\nEvaluated at bid price : 18.36
\nBid-YTW : 4.24 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 17.54
\nEvaluated at bid price : 17.54
\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset<\/td>\n1.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 18.65
\nEvaluated at bid price : 18.65
\nBid-YTW : 4.66 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset<\/td>\n1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 20.85
\nEvaluated at bid price : 20.85
\nBid-YTW : 3.88 %<\/td>\n<\/tr>\n
FTS.PR.I<\/td>\nFloatingReset<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 12.20
\nEvaluated at bid price : 12.20
\nBid-YTW : 4.00 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset<\/td>\n1.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 13.78
\nBid-YTW : 10.09 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset<\/td>\n1.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 16.17
\nBid-YTW : 8.78 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset<\/td>\n1.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 19.07
\nEvaluated at bid price : 19.07
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
BNS.PR.F<\/td>\nFloatingReset<\/td>\n1.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.37
\nBid-YTW : 7.84 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset<\/td>\n1.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 17.79
\nEvaluated at bid price : 17.79
\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n
TRP.PR.H<\/td>\nFloatingReset<\/td>\n1.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 10.14
\nEvaluated at bid price : 10.14
\nBid-YTW : 4.37 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset<\/td>\n1.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 19.62
\nEvaluated at bid price : 19.62
\nBid-YTW : 4.42 %<\/td>\n<\/tr>\n
BMO.PR.Q<\/td>\nFixedReset<\/td>\n2.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.91
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset<\/td>\n2.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 17.25
\nEvaluated at bid price : 17.25
\nBid-YTW : 4.52 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset<\/td>\n2.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 13.35
\nEvaluated at bid price : 13.35
\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset<\/td>\n2.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 11.70
\nEvaluated at bid price : 11.70
\nBid-YTW : 4.24 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset<\/td>\n2.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 14.60
\nBid-YTW : 9.33 %<\/td>\n<\/tr>\n
MFC.PR.P<\/td>\nFloatingReset<\/td>\n8.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 12.50
\nBid-YTW : 11.09 %<\/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
PWF.PR.R<\/td>\nPerpetual-Discount<\/td>\n105,227<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 24.64
\nEvaluated at bid price : 25.12
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
RY.PR.K<\/td>\nFloatingReset<\/td>\n84,900<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.75
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\n55,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 21.04
\nEvaluated at bid price : 21.04
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset<\/td>\n40,954<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 17.54
\nEvaluated at bid price : 17.54
\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n
EML.PR.A<\/td>\nFixedReset<\/td>\n39,527<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-17
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.62
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset<\/td>\n33,150<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 17.15
\nEvaluated at bid price : 17.15
\nBid-YTW : 4.27 %<\/td>\n<\/tr>\n
There were 46 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.B<\/td>\nFloatingReset<\/td>\nQuote: 10.65 – 12.65
\nSpot Rate : 2.0000
\nAverage : 1.3525<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 10.65
\nEvaluated at bid price : 10.65
\nBid-YTW : 5.22 %<\/td>\n<\/tr>\n

RY.PR.K<\/td>\nFloatingReset<\/td>\nQuote: 21.75 – 22.36
\nSpot Rate : 0.6100
\nAverage : 0.4270<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.75
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n

FTS.PR.M<\/td>\nFixedReset<\/td>\nQuote: 18.90 – 19.37
\nSpot Rate : 0.4700
\nAverage : 0.3215<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 18.90
\nEvaluated at bid price : 18.90
\nBid-YTW : 4.41 %<\/td>\n<\/tr>\n

TRP.PR.G<\/td>\nFixedReset<\/td>\nQuote: 18.47 – 18.82
\nSpot Rate : 0.3500
\nAverage : 0.2292<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 18.47
\nEvaluated at bid price : 18.47
\nBid-YTW : 5.00 %<\/td>\n<\/tr>\n

NA.PR.Q<\/td>\nFixedReset<\/td>\nQuote: 23.46 – 23.94
\nSpot Rate : 0.4800
\nAverage : 0.3627<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.46
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n

TRP.PR.E<\/td>\nFixedReset<\/td>\nQuote: 17.77 – 18.08
\nSpot Rate : 0.3100
\nAverage : 0.1958<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-06-23
\nMaturity Price : 17.77
\nEvaluated at bid price : 17.77
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Well, holy smokes: With more than half the results counted, Britons appear to be choosing to withdraw from the European Union. Several polls published at the end of a bitter campaign suggested the Remain forces …<\/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-33258","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/33258","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=33258"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/33258\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}