{"id":40820,"date":"2020-05-08T01:07:31","date_gmt":"2020-05-08T06:07:31","guid":{"rendered":"http:\/\/prefblog.com\/?p=40820"},"modified":"2020-05-08T01:07:31","modified_gmt":"2020-05-08T06:07:31","slug":"may-7-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=40820","title":{"rendered":"May 7, 2020"},"content":{"rendered":"<p>Brookfield&#8217;s got a <a href=\"https:\/\/www.theglobeandmail.com\/business\/article-brookfield-to-provide-5-billion-to-cash-strapped-retailers-for-stake\/\">new project going<\/a>:<\/p>\n<blockquote><p>Brookfield Asset Management Inc. plans to spend US$5-billion to prop up retailers hit by the coronavirus pandemic, in an attempt to find investment opportunities in the retail carnage while mitigating the company\u2019s significant exposure to malls.<\/p>\n<p>Under its plan, called the Retail Revitalization Program, Brookfield will provide capital to cash-strapped retailers in exchange for a non-controlling stake in the business. That would throw a lifeline to retailers who are under immense financial stress after governments shuttered non-essential shops and malls to stop the spread of the coronavirus.<\/p><\/blockquote>\n<p>We might be seeing a bit more of this; I hope we do. The current experience is reminding us that:<\/p>\n<ul>\n<li>It&#8217;s good to be well capitalized, and\n<li>It&#8217;s good to have low fixed costs<\/ul>\n<p>Owning your own real-estate fits nicely into these precepts, even though the B-School boys will be pleased to tell you that since real-estate is not a core competency of many retailers, it should be contracted out.<\/p>\n<p>But it makes sense. And there should be more Main Street businesses where Mom &#8216;n&#8217; Pop live on top of the store, even though security guarding isn&#8217;t a core competency either.<\/p>\n<p>It&#8217;s also interesting to note that what is essentially an equity-for-rent swap is reminiscent of Islamic Finance.<\/p>\n<table border='1'>\n<tr>\n<td colspan='8'><strong>HIMIPref&trade; Preferred Indices<br \/>These values reflect the December 2008 revision of the HIMIPref&trade; Indices<\/strong><br \/>Values are provisional and are finalized monthly<\/td>\n<\/tr>\n<tr>\n<td>Index<\/td>\n<td>Mean<br \/>Current<br \/>Yield<br \/>(at bid)<\/td>\n<td>Median<br \/>YTW<\/td>\n<td>Median<br \/>Average<br \/>Trading<br \/>Value<\/td>\n<td>Median<br \/>Mod Dur<br \/>(YTW)<\/td>\n<td>Issues<\/td>\n<td>Day&#8217;s Perf.<\/td>\n<td>Index Value<\/td>\n<\/tr>\n<tr>\n<td>Ratchet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.4911 %<\/td>\n<td>1,459.6<\/td>\n<\/tr>\n<tr>\n<td>FixedFloater<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.4911 %<\/td>\n<td>2,678.4<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>5.29 %<\/td>\n<td>5.57 %<\/td>\n<td>36,058<\/td>\n<td>14.52<\/td>\n<td>4<\/td>\n<td>-0.4911 %<\/td>\n<td>1,543.6<\/td>\n<\/tr>\n<tr>\n<td>OpRet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.0175 %<\/td>\n<td>3,338.8<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.97 %<\/td>\n<td>5.76 %<\/td>\n<td>68,997<\/td>\n<td>3.89<\/td>\n<td>7<\/td>\n<td>-0.0175 %<\/td>\n<td>3,987.3<\/td>\n<\/tr>\n<tr>\n<td>Interest-Bearing<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.0175 %<\/td>\n<td>3,111.0<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.1114 %<\/td>\n<td>2,883.5<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.84 %<\/td>\n<td>6.05 %<\/td>\n<td>86,191<\/td>\n<td>13.82<\/td>\n<td>35<\/td>\n<td>0.1114 %<\/td>\n<td>3,092.8<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Disc<\/td>\n<td>6.35 %<\/td>\n<td>5.25 %<\/td>\n<td>213,765<\/td>\n<td>14.82<\/td>\n<td>83<\/td>\n<td>0.2970 %<\/td>\n<td>1,792.3<\/td>\n<\/tr>\n<tr>\n<td>Deemed-Retractible<\/td>\n<td>5.56 %<\/td>\n<td>5.82 %<\/td>\n<td>93,876<\/td>\n<td>13.83<\/td>\n<td>27<\/td>\n<td>0.4562 %<\/td>\n<td>3,045.4<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>5.07 %<\/td>\n<td>5.04 %<\/td>\n<td>61,770<\/td>\n<td>15.41<\/td>\n<td>3<\/td>\n<td>-0.9427 %<\/td>\n<td>1,740.6<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Prem<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.2970 %<\/td>\n<td>2,478.7<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Bank Non<\/td>\n<td>1.99 %<\/td>\n<td>3.23 %<\/td>\n<td>189,133<\/td>\n<td>1.70<\/td>\n<td>2<\/td>\n<td>-0.0616 %<\/td>\n<td>2,773.6<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Ins Non<\/td>\n<td>6.57 %<\/td>\n<td>5.38 %<\/td>\n<td>125,618<\/td>\n<td>14.45<\/td>\n<td>22<\/td>\n<td>0.4686 %<\/td>\n<td>1,809.1<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='4'><strong>Performance Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Change<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>-11.55 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 14.40<br \/>\nEvaluated at bid price : 14.40<br \/>\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.J<\/td>\n<td>FloatingReset<\/td>\n<td>-3.28 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 8.85<br \/>\nEvaluated at bid price : 8.85<br \/>\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.T<\/td>\n<td>FixedReset Disc<\/td>\n<td>-2.56 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 11.43<br \/>\nEvaluated at bid price : 11.43<br \/>\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.I<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.98 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 15.35<br \/>\nEvaluated at bid price : 15.35<br \/>\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.D<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.73 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 17.00<br \/>\nEvaluated at bid price : 17.00<br \/>\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.62 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 11.51<br \/>\nEvaluated at bid price : 11.51<br \/>\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.62 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 13.40<br \/>\nEvaluated at bid price : 13.40<br \/>\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.F<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.37 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 14.40<br \/>\nEvaluated at bid price : 14.40<br \/>\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.I<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.27 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 22.29<br \/>\nEvaluated at bid price : 22.61<br \/>\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.R<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.24 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 11.16<br \/>\nEvaluated at bid price : 11.16<br \/>\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.I<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.14 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 18.14<br \/>\nEvaluated at bid price : 18.14<br \/>\nBid-YTW : 4.95 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.H<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.04 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 12.37<br \/>\nEvaluated at bid price : 12.37<br \/>\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.M<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.00 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 15.10<br \/>\nEvaluated at bid price : 15.10<br \/>\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.D<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.01 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 21.10<br \/>\nEvaluated at bid price : 21.10<br \/>\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.C<\/td>\n<td>Deemed-Retractible<\/td>\n<td>1.03 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 19.70<br \/>\nEvaluated at bid price : 19.70<br \/>\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.C<\/td>\n<td>Deemed-Retractible<\/td>\n<td>1.03 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 19.70<br \/>\nEvaluated at bid price : 19.70<br \/>\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.06 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 23.27<br \/>\nEvaluated at bid price : 23.75<br \/>\nBid-YTW : 5.34 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.T<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.08 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 14.00<br \/>\nEvaluated at bid price : 14.00<br \/>\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.N<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.09 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 13.95<br \/>\nEvaluated at bid price : 13.95<br \/>\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.T<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.12 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 19.90<br \/>\nEvaluated at bid price : 19.90<br \/>\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.E<\/td>\n<td>Deemed-Retractible<\/td>\n<td>1.15 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 22.62<br \/>\nEvaluated at bid price : 22.93<br \/>\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.C<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.17 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 14.72<br \/>\nEvaluated at bid price : 14.72<br \/>\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.24 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 13.06<br \/>\nEvaluated at bid price : 13.06<br \/>\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.A<\/td>\n<td>Deemed-Retractible<\/td>\n<td>1.25 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 21.06<br \/>\nEvaluated at bid price : 21.06<br \/>\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.L<\/td>\n<td>Deemed-Retractible<\/td>\n<td>1.28 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 23.53<br \/>\nEvaluated at bid price : 23.80<br \/>\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.29 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 15.70<br \/>\nEvaluated at bid price : 15.70<br \/>\nBid-YTW : 5.33 %<\/td>\n<\/tr>\n<tr>\n<td>BIP.PR.F<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.32 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 20.01<br \/>\nEvaluated at bid price : 20.01<br \/>\nBid-YTW : 6.47 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.Y<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.44 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 21.15<br \/>\nEvaluated at bid price : 21.15<br \/>\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.F<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.45 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 21.00<br \/>\nEvaluated at bid price : 21.00<br \/>\nBid-YTW : 4.97 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.H<\/td>\n<td>FloatingReset<\/td>\n<td>1.46 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 7.63<br \/>\nEvaluated at bid price : 7.63<br \/>\nBid-YTW : 5.04 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.55 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 8.53<br \/>\nEvaluated at bid price : 8.53<br \/>\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n<tr>\n<td>HSE.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.56 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 11.07<br \/>\nEvaluated at bid price : 11.07<br \/>\nBid-YTW : 9.07 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.R<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.70 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 19.73<br \/>\nEvaluated at bid price : 19.73<br \/>\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.76 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 9.26<br \/>\nEvaluated at bid price : 9.26<br \/>\nBid-YTW : 4.92 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.F<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.76 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 9.26<br \/>\nEvaluated at bid price : 9.26<br \/>\nBid-YTW : 5.00 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.B<\/td>\n<td>Deemed-Retractible<\/td>\n<td>1.76 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 21.41<br \/>\nEvaluated at bid price : 21.41<br \/>\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n<tr>\n<td>BIP.PR.B<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.15 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 22.61<br \/>\nEvaluated at bid price : 23.25<br \/>\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n<tr>\n<td>HSE.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.26 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 11.30<br \/>\nEvaluated at bid price : 11.30<br \/>\nBid-YTW : 9.52 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.37 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 12.97<br \/>\nEvaluated at bid price : 12.97<br \/>\nBid-YTW : 6.14 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.N<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>2.53 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 9.74<br \/>\nEvaluated at bid price : 9.74<br \/>\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n<tr>\n<td>BIP.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.53 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 19.48<br \/>\nEvaluated at bid price : 19.48<br \/>\nBid-YTW : 6.52 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.A<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>2.76 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 11.56<br \/>\nEvaluated at bid price : 11.56<br \/>\nBid-YTW : 5.05 %<\/td>\n<\/tr>\n<tr>\n<td>HSE.PR.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.98 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 10.70<br \/>\nEvaluated at bid price : 10.70<br \/>\nBid-YTW : 9.33 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.B<\/td>\n<td>FixedReset Disc<\/td>\n<td>5.56 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 7.60<br \/>\nEvaluated at bid price : 7.60<br \/>\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n<tr>\n<td>BIK.PR.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>6.75 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 22.01<br \/>\nEvaluated at bid price : 22.45<br \/>\nBid-YTW : 6.60 %<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='4'><strong>Volume Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Shares<br \/>Traded<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>HSE.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>106,965<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 11.07<br \/>\nEvaluated at bid price : 11.07<br \/>\nBid-YTW : 9.07 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>78,690<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 24.47<br \/>\nEvaluated at bid price : 24.85<br \/>\nBid-YTW : 5.12 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>77,253<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 17.30<br \/>\nEvaluated at bid price : 17.30<br \/>\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.Q<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>64,206<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 15.58<br \/>\nEvaluated at bid price : 15.58<br \/>\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>63,859<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 14.40<br \/>\nEvaluated at bid price : 14.40<br \/>\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>58,179<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 15.24<br \/>\nEvaluated at bid price : 15.24<br \/>\nBid-YTW : 4.91 %<\/td>\n<\/tr>\n<tr>\n<td colspan='4'>There were 63 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='3'><strong>Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Quote Data and Yield Notes<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 14.40 &#8211; 16.50<br \/>\nSpot Rate  :  2.1000<br \/>\nAverage  :  1.4129<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 14.40<br \/>\nEvaluated at bid price : 14.40<br \/>\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 24.30 &#8211; 24.97<br \/>\nSpot Rate  :  0.6700<br \/>\nAverage  :  0.4421<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 23.78<br \/>\nEvaluated at bid price : 24.30<br \/>\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.D<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 17.00 &#8211; 17.66<br \/>\nSpot Rate  :  0.6600<br \/>\nAverage  :  0.4330<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 17.00<br \/>\nEvaluated at bid price : 17.00<br \/>\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.M<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 19.93 &#8211; 20.49<br \/>\nSpot Rate  :  0.5600<br \/>\nAverage  :  0.3699<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 19.93<br \/>\nEvaluated at bid price : 19.93<br \/>\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n<tr>\n<td>EIT.PR.B<\/td>\n<td>SplitShare<\/td>\n<td>Quote: 24.21 &#8211; 24.75<br \/>\nSpot Rate  :  0.5400<br \/>\nAverage  :  0.3947<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Soft Maturity<br \/>\nMaturity Date\t: 2025-03-14<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.21<br \/>\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.G<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 20.31 &#8211; 20.75<br \/>\nSpot Rate  :  0.4400<br \/>\nAverage  :  0.3209<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-05-07<br \/>\nMaturity Price  : 20.31<br \/>\nEvaluated at bid price : 20.31<br \/>\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Brookfield&#8217;s got a new project going: Brookfield Asset Management Inc. plans to spend US$5-billion to prop up retailers hit by the coronavirus pandemic, in an attempt to find investment opportunities in the retail carnage while &hellip;<\/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-40820","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/40820","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=40820"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/40820\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}