{"id":40242,"date":"2020-02-06T00:32:34","date_gmt":"2020-02-06T05:32:34","guid":{"rendered":"http:\/\/prefblog.com\/?p=40242"},"modified":"2020-02-06T00:32:34","modified_gmt":"2020-02-06T05:32:34","slug":"february-5-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=40242","title":{"rendered":"February 5, 2020"},"content":{"rendered":"

Foldable ‘phones are coming closer<\/a>!<\/p>\n

Apple is exploring plans for a foldable version of the iPhone, according to a patent filed in the US.<\/p>\n

The design features an innovative hinge mechanism that would prevent creasing issues similar devices have suffered from.<\/p>\n

Movable flaps would prevent unsightly marks by keeping the device in a semi-curved state when shut.<\/p><\/blockquote>\n

PerpetualDiscounts now yield 5.28%, equivalent to 6.86% interest at the standard equivalency factor of 1.3x. Long corporates<\/a> now yield 3.03%, so the pre-tax interest-equivalent spread (in this context, the \u201cSeniority Spread\u201d) has widened dramatically to 385bp from the 365bp reported January 29<\/a>.<\/p>\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>\n0.6801 %<\/td>\n2,095.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.6801 %<\/td>\n3,845.9<\/td>\n<\/tr>\n
Floater<\/td>\n5.84 %<\/td>\n5.97 %<\/td>\n46,612<\/td>\n13.91<\/td>\n4<\/td>\n0.6801 %<\/td>\n2,216.4<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2138 %<\/td>\n3,476.0<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.74 %<\/td>\n3.97 %<\/td>\n35,732<\/td>\n3.70<\/td>\n6<\/td>\n0.2138 %<\/td>\n4,151.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2138 %<\/td>\n3,238.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.57 %<\/td>\n-0.98 %<\/td>\n56,018<\/td>\n0.09<\/td>\n11<\/td>\n0.0359 %<\/td>\n3,066.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.23 %<\/td>\n5.28 %<\/td>\n71,749<\/td>\n14.96<\/td>\n24<\/td>\n0.1765 %<\/td>\n3,338.5<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.49 %<\/td>\n5.34 %<\/td>\n166,051<\/td>\n14.90<\/td>\n64<\/td>\n0.2984 %<\/td>\n2,184.5<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.11 %<\/td>\n5.22 %<\/td>\n72,388<\/td>\n14.93<\/td>\n27<\/td>\n0.1161 %<\/td>\n3,269.5<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.97 %<\/td>\n5.94 %<\/td>\n68,320<\/td>\n14.02<\/td>\n3<\/td>\n0.4373 %<\/td>\n2,561.8<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.07 %<\/td>\n3.46 %<\/td>\n132,119<\/td>\n1.46<\/td>\n22<\/td>\n0.1137 %<\/td>\n2,662.5<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.93 %<\/td>\n3.39 %<\/td>\n77,247<\/td>\n1.93<\/td>\n3<\/td>\n-0.1898 %<\/td>\n2,749.1<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.31 %<\/td>\n5.30 %<\/td>\n116,895<\/td>\n14.85<\/td>\n22<\/td>\n0.5391 %<\/td>\n2,210.4<\/td>\n<\/tr>\n<\/table>\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
PWF.PR.A<\/td>\nFloater<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 12.36
\nEvaluated at bid price : 12.36
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
EMA.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 18.10
\nEvaluated at bid price : 18.10
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 13.35
\nEvaluated at bid price : 13.35
\nBid-YTW : 4.91 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 21.70
\nEvaluated at bid price : 21.70
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 20.22
\nEvaluated at bid price : 20.22
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Disc<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 21.06
\nEvaluated at bid price : 21.06
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n
MFC.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 21.10
\nEvaluated at bid price : 21.10
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n1.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 19.70
\nEvaluated at bid price : 19.70
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 15.92
\nEvaluated at bid price : 15.92
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 11.67
\nEvaluated at bid price : 11.67
\nBid-YTW : 6.00 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 11.74
\nEvaluated at bid price : 11.74
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n1.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n3.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 16.58
\nEvaluated at bid price : 16.58
\nBid-YTW : 5.22 %<\/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
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n250,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 22.83
\nEvaluated at bid price : 23.11
\nBid-YTW : 5.38 %<\/td>\n<\/tr>\n
NA.PR.A<\/td>\nFixedReset Prem<\/td>\n188,085<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.67
\nBid-YTW : 3.52 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n98,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 18.90
\nEvaluated at bid price : 18.90
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n50,210<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 17.40
\nEvaluated at bid price : 17.40
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n29,348<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 18.35
\nEvaluated at bid price : 18.35
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n
HSE.PR.E<\/td>\nFixedReset Disc<\/td>\n27,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 6.45 %<\/td>\n<\/tr>\n
There were 21 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.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 18.35 – 18.74
\nSpot Rate : 0.3900
\nAverage : 0.2689<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 18.35
\nEvaluated at bid price : 18.35
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n

BMO.PR.Q<\/td>\nFixedReset Bank Non<\/td>\nQuote: 24.30 – 24.61
\nSpot Rate : 0.3100
\nAverage : 0.1928<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.30
\nBid-YTW : 3.39 %<\/td>\n<\/tr>\n

EIT.PR.A<\/td>\nSplitShare<\/td>\nQuote: 25.97 – 26.30
\nSpot Rate : 0.3300
\nAverage : 0.2468<\/p>\n

YTW SCENARIO
\nMaturity Type : Soft Maturity
\nMaturity Date\t: 2024-03-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.97
\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n

BIP.PR.E<\/td>\nFixedReset Disc<\/td>\nQuote: 22.56 – 22.79
\nSpot Rate : 0.2300
\nAverage : 0.1494<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 22.14
\nEvaluated at bid price : 22.56
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n

HSE.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 17.45 – 17.78
\nSpot Rate : 0.3300
\nAverage : 0.2550<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 17.45
\nEvaluated at bid price : 17.45
\nBid-YTW : 6.57 %<\/td>\n<\/tr>\n

BMO.PR.D<\/td>\nFixedReset Disc<\/td>\nQuote: 21.48 – 21.75
\nSpot Rate : 0.2700
\nAverage : 0.1975<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-05
\nMaturity Price : 21.48
\nEvaluated at bid price : 21.48
\nBid-YTW : 5.22 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Foldable ‘phones are coming closer! Apple is exploring plans for a foldable version of the iPhone, according to a patent filed in the US. The design features an innovative hinge mechanism that would prevent creasing …<\/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-40242","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/40242","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=40242"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/40242\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}