{"id":40185,"date":"2020-01-28T21:16:51","date_gmt":"2020-01-29T02:16:51","guid":{"rendered":"http:\/\/prefblog.com\/?p=40185"},"modified":"2020-01-28T21:16:51","modified_gmt":"2020-01-29T02:16:51","slug":"january-28-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=40185","title":{"rendered":"January 28, 2020"},"content":{"rendered":"

It was a decent day in the Canadian preferred share market today, presumably due to speculators buying the coronavirus dip<\/a>:<\/p>\n

U.S. stocks rebounded from the biggest one-day selloff in nearly four months, as investor concerns over the impact of the coronavirus outbreak in China seemed to recede for now.<\/p><\/blockquote>\n\n\n\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>\n1.5665 %<\/td>\n2,094.1<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.5665 %<\/td>\n3,842.6<\/td>\n<\/tr>\n
Floater<\/td>\n5.84 %<\/td>\n5.98 %<\/td>\n48,817<\/td>\n13.90<\/td>\n4<\/td>\n1.5665 %<\/td>\n2,214.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0715 %<\/td>\n3,459.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.76 %<\/td>\n4.22 %<\/td>\n35,903<\/td>\n3.71<\/td>\n6<\/td>\n0.0715 %<\/td>\n4,131.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0715 %<\/td>\n3,223.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.58 %<\/td>\n0.33 %<\/td>\n59,503<\/td>\n0.09<\/td>\n11<\/td>\n-0.0036 %<\/td>\n3,061.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.24 %<\/td>\n5.31 %<\/td>\n68,258<\/td>\n14.90<\/td>\n24<\/td>\n0.1808 %<\/td>\n3,318.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.47 %<\/td>\n5.37 %<\/td>\n197,176<\/td>\n14.86<\/td>\n64<\/td>\n0.5466 %<\/td>\n2,183.6<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.14 %<\/td>\n5.25 %<\/td>\n69,156<\/td>\n14.86<\/td>\n27<\/td>\n-0.0652 %<\/td>\n3,253.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n6.01 %<\/td>\n5.93 %<\/td>\n68,345<\/td>\n14.00<\/td>\n3<\/td>\n0.6636 %<\/td>\n2,538.2<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.08 %<\/td>\n3.66 %<\/td>\n128,697<\/td>\n1.49<\/td>\n22<\/td>\n0.1939 %<\/td>\n2,652.6<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.94 %<\/td>\n3.73 %<\/td>\n66,477<\/td>\n1.95<\/td>\n3<\/td>\n-0.0136 %<\/td>\n2,737.4<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.32 %<\/td>\n5.34 %<\/td>\n124,186<\/td>\n14.83<\/td>\n22<\/td>\n0.5776 %<\/td>\n2,203.9<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 18.59
\nEvaluated at bid price : 18.59
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 22.82
\nEvaluated at bid price : 23.10
\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 19.73
\nEvaluated at bid price : 19.73
\nBid-YTW : 5.33 %<\/td>\n<\/tr>\n
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 19.27
\nEvaluated at bid price : 19.27
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Disc<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 21.10
\nEvaluated at bid price : 21.10
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 20.26
\nEvaluated at bid price : 20.26
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 13.73
\nEvaluated at bid price : 13.73
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 18.71
\nEvaluated at bid price : 18.71
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 21.86
\nEvaluated at bid price : 22.10
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 11.69
\nEvaluated at bid price : 11.69
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 16.65
\nEvaluated at bid price : 16.65
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 17.42
\nEvaluated at bid price : 17.42
\nBid-YTW : 5.24 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 18.88
\nEvaluated at bid price : 18.88
\nBid-YTW : 5.22 %<\/td>\n<\/tr>\n
HSE.PR.C<\/td>\nFixedReset Disc<\/td>\n1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 17.55
\nEvaluated at bid price : 17.55
\nBid-YTW : 6.54 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 18.18
\nEvaluated at bid price : 18.18
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n1.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 12.25
\nEvaluated at bid price : 12.25
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 13.04
\nEvaluated at bid price : 13.04
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 14.19
\nEvaluated at bid price : 14.19
\nBid-YTW : 6.35 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 14.46
\nEvaluated at bid price : 14.46
\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 18.42
\nEvaluated at bid price : 18.42
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 12.50
\nEvaluated at bid price : 12.50
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n2.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 16.36
\nEvaluated at bid price : 16.36
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n2.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 11.55
\nEvaluated at bid price : 11.55
\nBid-YTW : 6.06 %<\/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 Prem<\/td>\n185,375<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-07-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.90
\nBid-YTW : 3.05 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n80,893<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 17.70
\nEvaluated at bid price : 17.70
\nBid-YTW : 5.06 %<\/td>\n<\/tr>\n
RY.PR.R<\/td>\nFixedReset Prem<\/td>\n54,370<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.88
\nBid-YTW : 2.96 %<\/td>\n<\/tr>\n
NA.PR.A<\/td>\nFixedReset Prem<\/td>\n43,394<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.74
\nBid-YTW : 3.28 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset Disc<\/td>\n43,305<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 11.52
\nEvaluated at bid price : 11.52
\nBid-YTW : 6.63 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n36,213<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 17.46
\nEvaluated at bid price : 17.46
\nBid-YTW : 5.21 %<\/td>\n<\/tr>\n
There were 19 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
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\nQuote: 15.70 – 16.25
\nSpot Rate : 0.5500
\nAverage : 0.3896<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 15.70
\nEvaluated at bid price : 15.70
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n

BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\nQuote: 19.86 – 20.28
\nSpot Rate : 0.4200
\nAverage : 0.2602<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 19.86
\nEvaluated at bid price : 19.86
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n

CU.PR.E<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.50 – 23.91
\nSpot Rate : 0.4100
\nAverage : 0.2616<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 23.06
\nEvaluated at bid price : 23.50
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n

EMA.PR.E<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.60 – 22.00
\nSpot Rate : 0.4000
\nAverage : 0.2588<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 21.60
\nEvaluated at bid price : 21.60
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n

GWO.PR.G<\/td>\nDeemed-Retractible<\/td>\nQuote: 24.51 – 24.87
\nSpot Rate : 0.3600
\nAverage : 0.2342<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 24.22
\nEvaluated at bid price : 24.51
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n

BAM.PF.B<\/td>\nFixedReset Disc<\/td>\nQuote: 18.59 – 18.96
\nSpot Rate : 0.3700
\nAverage : 0.2496<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-01-28
\nMaturity Price : 18.59
\nEvaluated at bid price : 18.59
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

It was a decent day in the Canadian preferred share market today, presumably due to speculators buying the coronavirus dip: U.S. stocks rebounded from the biggest one-day selloff in nearly four months, as investor concerns …<\/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-40185","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/40185","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=40185"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/40185\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}