{"id":33310,"date":"2016-07-05T23:57:47","date_gmt":"2016-07-06T04:57:47","guid":{"rendered":"http:\/\/prefblog.com\/?p=33310"},"modified":"2016-07-05T23:57:47","modified_gmt":"2016-07-06T04:57:47","slug":"july-5-2016","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=33310","title":{"rendered":"July 5, 2016"},"content":{"rendered":"

Yesterday<\/a> I mentioned redemptions in property funds in the UK and the suspension of redemptions in the Standard Life fund. Standard Life has company<\/a>!<\/p>\n

Three of the U.K.\u2019s largest real estate funds have frozen almost 9.1 billion pounds ($12 billion) of assets after Britain\u2019s shock vote to leave the European Union sparked a flurry of redemptions.<\/p>\n

M&G Investments, Aviva Investors and Standard Life Investments halted withdrawals because they don\u2019t have enough cash to immediately repay investors. About 24.5 billion pounds is allocated to U.K. real estate funds, according to the Investment Association.
…<\/b>
The rush by private investors to withdraw money prompted M&G, which held 7.7 percent in cash before the vote, to suspend its 4.4 billion-pound Property Portfolio fund and Aviva Investors to freeze its 1.8 billion-pound Property Trust on Tuesday. Standard Life halted trading on its 2.9 billion-pound U.K. real estate fund on Monday. The cash position for Aviva and Standard Life\u2019s funds at the end of May was 9.3 percent and 13.1 percent respectively, documents showed.<\/p><\/blockquote>\n

There has been concern for a long time about the effects of having a very liquid layer of ETFs representing investments in highly illiquid assets, so it will be interesting to see how this plays out. Have investors been over-paying for liquidity? Will the regulators develop so many liquidity rules that the sector cannot function?<\/p>\n

The federal Bombardier bail-out is on hold<\/a>:<\/p>\n

Canadian Prime Minister Justin Trudeau\u2019s government doesn\u2019t expect to reach an aid deal with aircraft manufacturer Bombardier Inc. before the fall, according to officials familiar with the talks.
…<\/b>
Innovation Minister Navdeep Bains, the government\u2019s point-person in negotiations, is due to meet with Bombardier executives next week at the Farnborough International Airshow. Negotiations, however, remain stalled and Trudeau\u2019s team expects no developments this summer, believing Bombardier has a year or more before it faces a serious cash crunch, the officials said, speaking on condition of anonymity as the talks are private.<\/p><\/blockquote>\n

Some analysts are attempting to come to grips with the effect of self-driving cars<\/a>:<\/p>\n

But what if by 2030 more people are willing to embrace self-driving cars? All the legal and regulatory issues have been ironed out and people have grown comfortable with the idea of riding rather than driving. Under this scenario, 30 percent of cars belong to shared autonomous fleets. Another 23 percent of privately owned cars are fully autonomous. Only 47 percent of the cars are private conventional vehicles.<\/p>\n

This shift to higher-occupancy, longer-lasting vehicles would result in an 8.6 percent decline in vehicle sales (compared to the baseline 16.5 million units that would be needed to meet organic demand in 2030 if nothing changed.)<\/p>\n

In the most extreme scenario, the number of cars on the road would fall by half because more people would rely on shared, autonomous vehicles rather than privately owned vehicles. (Call Uber for a ride, and a robot car would pick you up, or take a train to the city, and hop in a driverless cab for the last mile. Even families could share one autonomous car.)<\/p>\n

Those shared vehicles would rack up miles faster, however, so they would need to be replaced sooner. The net result for automakers: a 26 percent drop in vehicle demand.<\/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>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1264 %<\/td>\n1,654.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1264 %<\/td>\n3,021.9<\/td>\n<\/tr>\n
Floater<\/td>\n4.93 %<\/td>\n4.70 %<\/td>\n92,178<\/td>\n16.07<\/td>\n4<\/td>\n-0.1264 %<\/td>\n1,741.5<\/td>\n<\/tr>\n
OpRet<\/td>\n4.86 %<\/td>\n2.17 %<\/td>\n37,869<\/td>\n0.16<\/td>\n1<\/td>\n-0.0396 %<\/td>\n2,839.1<\/td>\n<\/tr>\n
SplitShare<\/td>\n5.14 %<\/td>\n5.63 %<\/td>\n94,382<\/td>\n4.61<\/td>\n5<\/td>\n-0.0404 %<\/td>\n3,349.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0404 %<\/td>\n2,613.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.50 %<\/td>\n-6.20 %<\/td>\n81,051<\/td>\n0.09<\/td>\n12<\/td>\n0.1074 %<\/td>\n2,654.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.33 %<\/td>\n5.35 %<\/td>\n101,325<\/td>\n14.90<\/td>\n26<\/td>\n0.0642 %<\/td>\n2,769.5<\/td>\n<\/tr>\n
FixedReset<\/td>\n5.15 %<\/td>\n4.39 %<\/td>\n150,785<\/td>\n7.18<\/td>\n88<\/td>\n-0.4042 %<\/td>\n1,966.0<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.07 %<\/td>\n5.11 %<\/td>\n128,812<\/td>\n4.88<\/td>\n33<\/td>\n0.1612 %<\/td>\n2,735.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.01 %<\/td>\n5.09 %<\/td>\n33,455<\/td>\n5.16<\/td>\n11<\/td>\n-0.5871 %<\/td>\n2,081.2<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
TRP.PR.H<\/td>\nFloatingReset<\/td>\n-8.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 9.15
\nEvaluated at bid price : 9.15
\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset<\/td>\n-3.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 14.00
\nEvaluated at bid price : 14.00
\nBid-YTW : 4.74 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset<\/td>\n-3.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 11.65
\nEvaluated at bid price : 11.65
\nBid-YTW : 4.60 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset<\/td>\n-2.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 11.01
\nEvaluated at bid price : 11.01
\nBid-YTW : 4.35 %<\/td>\n<\/tr>\n
IAG.PR.G<\/td>\nFixedReset<\/td>\n-2.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.31
\nBid-YTW : 7.92 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset<\/td>\n-2.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.31
\nBid-YTW : 7.24 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset<\/td>\n-2.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 11.27
\nEvaluated at bid price : 11.27
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset<\/td>\n-1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n
MFC.PR.G<\/td>\nFixedReset<\/td>\n-1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.56
\nBid-YTW : 7.73 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset<\/td>\n-1.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 16.53
\nBid-YTW : 8.88 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset<\/td>\n-1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.20
\nBid-YTW : 8.44 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset<\/td>\n-1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.30
\nBid-YTW : 7.76 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 4.56 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset<\/td>\n-1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 13.85
\nEvaluated at bid price : 13.85
\nBid-YTW : 3.84 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset<\/td>\n-1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 17.60
\nEvaluated at bid price : 17.60
\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset<\/td>\n-1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 16.92
\nEvaluated at bid price : 16.92
\nBid-YTW : 4.22 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 19.39
\nEvaluated at bid price : 19.39
\nBid-YTW : 4.72 %<\/td>\n<\/tr>\n
GWO.PR.M<\/td>\nDeemed-Retractible<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-03-31
\nMaturity Price : 25.25
\nEvaluated at bid price : 25.55
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 17.36
\nEvaluated at bid price : 17.36
\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 14.90
\nEvaluated at bid price : 14.90
\nBid-YTW : 4.98 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 18.63
\nEvaluated at bid price : 18.63
\nBid-YTW : 4.84 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 13.43
\nEvaluated at bid price : 13.43
\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 17.21
\nEvaluated at bid price : 17.21
\nBid-YTW : 4.37 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 18.20
\nEvaluated at bid price : 18.20
\nBid-YTW : 4.99 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.95
\nBid-YTW : 7.99 %<\/td>\n<\/tr>\n
BMO.PR.R<\/td>\nFloatingReset<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.40
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset<\/td>\n-1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.77
\nBid-YTW : 8.17 %<\/td>\n<\/tr>\n
SLF.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 : 14.16
\nBid-YTW : 9.74 %<\/td>\n<\/tr>\n
HSE.PR.G<\/td>\nFixedReset<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n
BMO.PR.Q<\/td>\nFixedReset<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.16
\nBid-YTW : 5.96 %<\/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
BNS.PR.G<\/td>\nFixedReset<\/td>\n523,184<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-07-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.51
\nBid-YTW : 4.12 %<\/td>\n<\/tr>\n
NA.PR.A<\/td>\nFixedReset<\/td>\n150,317<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.89
\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset<\/td>\n83,560<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 19.35
\nEvaluated at bid price : 19.35
\nBid-YTW : 4.28 %<\/td>\n<\/tr>\n
BNS.PR.M<\/td>\nDeemed-Retractible<\/td>\n80,536<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2016-08-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.98
\nBid-YTW : 2.83 %<\/td>\n<\/tr>\n
BMO.PR.M<\/td>\nFixedReset<\/td>\n54,322<\/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 : 4.32 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset<\/td>\n48,677<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 18.29
\nEvaluated at bid price : 18.29
\nBid-YTW : 4.15 %<\/td>\n<\/tr>\n
There were 28 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
TRP.PR.H<\/td>\nFloatingReset<\/td>\nQuote: 9.15 – 10.15
\nSpot Rate : 1.0000
\nAverage : 0.6031<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 9.15
\nEvaluated at bid price : 9.15
\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n

BNS.PR.Y<\/td>\nFixedReset<\/td>\nQuote: 19.60 – 20.00
\nSpot Rate : 0.4000
\nAverage : 0.2744<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.60
\nBid-YTW : 6.40 %<\/td>\n<\/tr>\n

FTS.PR.G<\/td>\nFixedReset<\/td>\nQuote: 16.92 – 17.35
\nSpot Rate : 0.4300
\nAverage : 0.3221<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-07-05
\nMaturity Price : 16.92
\nEvaluated at bid price : 16.92
\nBid-YTW : 4.22 %<\/td>\n<\/tr>\n

SLF.PR.J<\/td>\nFloatingReset<\/td>\nQuote: 12.54 – 13.10
\nSpot Rate : 0.5600
\nAverage : 0.4575<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 12.54
\nBid-YTW : 11.07 %<\/td>\n<\/tr>\n

GWO.PR.F<\/td>\nDeemed-Retractible<\/td>\nQuote: 25.83 – 26.25
\nSpot Rate : 0.4200
\nAverage : 0.3252<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2016-08-04
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.83
\nBid-YTW : -30.34 %<\/td>\n<\/tr>\n

BMO.PR.R<\/td>\nFloatingReset<\/td>\nQuote: 21.40 – 21.70
\nSpot Rate : 0.3000
\nAverage : 0.2095<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.40
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Yesterday I mentioned redemptions in property funds in the UK and the suspension of redemptions in the Standard Life fund. Standard Life has company! Three of the U.K.\u2019s largest real estate funds have frozen almost …<\/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-33310","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/33310","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=33310"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/33310\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}