{"id":40823,"date":"2020-05-08T18:42:42","date_gmt":"2020-05-08T23:42:42","guid":{"rendered":"http:\/\/prefblog.com\/?p=40823"},"modified":"2020-05-08T18:42:42","modified_gmt":"2020-05-08T23:42:42","slug":"may-8-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=40823","title":{"rendered":"May 8, 2020"},"content":{"rendered":"
\"rainbow_200508\"<\/a>
Click for Big<\/i><\/div>\n

Well, it was an historic day for jobs numbers<\/a>:<\/p>\n

The nation\u2019s economic distress came into greater focus on Friday, offering a snapshot unseen since the Great Depression.<\/p>\n

The Labor Department said the economy shed more than 20.5 million jobs in April, sending the unemployment rate to 14.7 percent as the coronavirus pandemic took a devastating toll.<\/p>\n

The monthly data underscores the speed and depth of the labor market\u2019s collapse. In February, the unemployment rate was 3.5 percent, a half-century low.<\/p>\n

And the damage has only grown since then: Millions more people have filed claims for unemployment benefits since the monthly data was collected in mid-April.
…<\/b>
Indeed, last month\u2019s job losses alone far exceed the 8.7 million in the last recession, when unemployment peaked at 10 percent in October 2009.<\/p><\/blockquote>\n

… and …<\/a>:<\/p>\n

Canada lost a record-setting number of jobs in April, and the unemployment rate surged to 13 per cent as companies were forced to slash payroll in response to lockdown measures aimed at curbing the spread of the novel coronavirus.<\/p>\n

The number of employed people plunged by nearly two million last month, surpassing the record one million losses in March, Statistics Canada said on Friday. About three million people have lost their jobs over a two-month span, and hours have been significantly reduced for millions of others. The unemployment rate jumped from March\u2019s 7.8 per cent.<\/p>\n

Beneath the surface, the details in Friday\u2019s report were even uglier, pointing to widespread disruptions in the labour market.<\/p><\/blockquote>\n

There was an apparent leak of the Canadian data<\/a>:<\/p>\n

Statistics Canada says it will investigate how sensitive information on the country\u2019s employment numbers was distributed ahead of the official release time \u2013 a market-moving leak the federal Finance Minister\u2019s office condemned as \u201cunacceptable.\u201d<\/p>\n

The country\u2019s national statistical agency released data on the labour force survey for April at 8:30 a.m. EDT Friday on its website. Just before 8 a.m., however, citing \u201ca person familiar with the matter,\u201d Bloomberg News published a story saying the country lost about two million jobs, with the unemployment rate rising to 13 per cent. The job losses were fewer than economists had expected.<\/p>\n

\u201cWe are conducting an investigation related to this matter and will take appropriate measures,\u201d said Jacques Fauteux, Statscan\u2019s assistant chief statistician.<\/p><\/blockquote>\n

Some will be thrilled to learn that<\/a>:<\/p>\n

Financial markets on Thursday began pricing in a negative U.S. interest rate environment for the first time, as investors grappled with the economic consequences of the new coronavirus outbreak.<\/p><\/blockquote>\n

… and …<\/a>:<\/p>\n

Fed fund futures priced in the possibility of negative rates for the second day, starting as soon as December. That comes even as numerous Federal Reserve officials including Chair Jerome Powell have said that they don\u2019t see an advantage to the policy.<\/p>\n

There is nothing to suggest that negative interest rates would be a suitable option for the United States, Richmond Fed President Thomas Barkin said on Thursday.<\/p><\/blockquote>\n

It didn’t do the Canadian preferred share market much immediate harm!<\/p>\n

TXPR closed at 524.70<\/a>, up 0.52% on the day. Volume today was 1.82-million, and this reasonable (in the long term) number was second-lowest of the past thirty days, ahead of only May 1<\/a>.<\/p>\n

CPD closed at 10.51<\/a>, up 0.19% on the day. Volume was 81,924, on the low side in the context of the past 30 trading days.<\/p>\n

ZPR closed at 8.24<\/a>, up 0.24% on the day. Volume of 130,303 was well below the average of the past 30 trading days.<\/p>\n

Five-year Canada yields were up 2bp to 0.39%<\/a> today.<\/p>\n

And now … on to PrefLetter<\/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>\n1.0179 %<\/td>\n1,474.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.0179 %<\/td>\n2,705.6<\/td>\n<\/tr>\n
Floater<\/td>\n5.24 %<\/td>\n5.49 %<\/td>\n35,967<\/td>\n14.65<\/td>\n4<\/td>\n1.0179 %<\/td>\n1,559.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5263 %<\/td>\n3,356.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.94 %<\/td>\n5.61 %<\/td>\n74,035<\/td>\n3.90<\/td>\n7<\/td>\n0.5263 %<\/td>\n4,008.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5263 %<\/td>\n3,127.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0388 %<\/td>\n2,884.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.83 %<\/td>\n6.03 %<\/td>\n85,592<\/td>\n13.85<\/td>\n35<\/td>\n0.0388 %<\/td>\n3,094.0<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n6.31 %<\/td>\n5.16 %<\/td>\n213,240<\/td>\n14.88<\/td>\n83<\/td>\n0.6299 %<\/td>\n1,803.6<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.55 %<\/td>\n5.78 %<\/td>\n95,503<\/td>\n13.80<\/td>\n27<\/td>\n0.2876 %<\/td>\n3,054.2<\/td>\n<\/tr>\n
FloatingReset<\/td>\n4.82 %<\/td>\n4.71 %<\/td>\n61,454<\/td>\n16.00<\/td>\n3<\/td>\n3.4260 %<\/td>\n1,800.2<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.6299 %<\/td>\n2,494.3<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.99 %<\/td>\n2.97 %<\/td>\n183,204<\/td>\n1.69<\/td>\n2<\/td>\n0.0822 %<\/td>\n2,775.9<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n6.57 %<\/td>\n5.36 %<\/td>\n126,180<\/td>\n14.49<\/td>\n22<\/td>\n0.0812 %<\/td>\n1,810.6<\/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\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
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-5.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 9.30
\nEvaluated at bid price : 9.30
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
NA.PR.A<\/td>\nFixedReset Disc<\/td>\n-3.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 22.56
\nEvaluated at bid price : 23.02
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-2.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 9.50
\nEvaluated at bid price : 9.50
\nBid-YTW : 4.46 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-2.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 15.49
\nEvaluated at bid price : 15.49
\nBid-YTW : 5.14 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n-1.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 13.15
\nEvaluated at bid price : 13.15
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 15.04
\nEvaluated at bid price : 15.04
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 11.40
\nEvaluated at bid price : 11.40
\nBid-YTW : 5.07 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 20.81
\nEvaluated at bid price : 20.81
\nBid-YTW : 6.08 %<\/td>\n<\/tr>\n
IAF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 15.95
\nEvaluated at bid price : 15.95
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n
RY.PR.P<\/td>\nPerpetual-Discount<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 23.73
\nEvaluated at bid price : 24.20
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n
HSE.PR.G<\/td>\nFixedReset Disc<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 10.58
\nEvaluated at bid price : 10.58
\nBid-YTW : 9.37 %<\/td>\n<\/tr>\n
TD.PF.F<\/td>\nPerpetual-Discount<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 22.64
\nEvaluated at bid price : 23.01
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 14.20
\nEvaluated at bid price : 14.20
\nBid-YTW : 5.26 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 15.53
\nEvaluated at bid price : 15.53
\nBid-YTW : 4.54 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 14.25
\nEvaluated at bid price : 14.25
\nBid-YTW : 6.99 %<\/td>\n<\/tr>\n
PVS.PR.F<\/td>\nSplitShare<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2024-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.51
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n
SLF.PR.B<\/td>\nDeemed-Retractible<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 21.37
\nEvaluated at bid price : 21.64
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
MFC.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 16.50
\nEvaluated at bid price : 16.50
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nDeemed-Retractible<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 20.08
\nEvaluated at bid price : 20.08
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 19.70
\nEvaluated at bid price : 19.70
\nBid-YTW : 6.44 %<\/td>\n<\/tr>\n
W.PR.K<\/td>\nFixedReset Disc<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 23.91
\nEvaluated at bid price : 24.50
\nBid-YTW : 5.38 %<\/td>\n<\/tr>\n
TRP.PR.J<\/td>\nFixedReset Disc<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 23.95
\nEvaluated at bid price : 25.14
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 21.78
\nEvaluated at bid price : 22.16
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 15.10
\nEvaluated at bid price : 15.10
\nBid-YTW : 4.89 %<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 20.19
\nEvaluated at bid price : 20.19
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 13.17
\nEvaluated at bid price : 13.17
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
BNS.PR.H<\/td>\nFixedReset Disc<\/td>\n1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 23.43
\nEvaluated at bid price : 23.81
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n
HSE.PR.E<\/td>\nFixedReset Disc<\/td>\n1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 11.45
\nEvaluated at bid price : 11.45
\nBid-YTW : 9.35 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 15.10
\nEvaluated at bid price : 15.10
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n
TD.PF.M<\/td>\nFixedReset Disc<\/td>\n1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 21.27
\nEvaluated at bid price : 21.55
\nBid-YTW : 4.90 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 5.47 %<\/td>\n<\/tr>\n
CU.PR.I<\/td>\nFixedReset Disc<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 23.85
\nEvaluated at bid price : 24.50
\nBid-YTW : 4.56 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 13.25
\nEvaluated at bid price : 13.25
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 20.93
\nEvaluated at bid price : 20.93
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nDeemed-Retractible<\/td>\n1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 20.15
\nEvaluated at bid price : 20.15
\nBid-YTW : 5.60 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 17.56
\nEvaluated at bid price : 17.56
\nBid-YTW : 4.84 %<\/td>\n<\/tr>\n
SLF.PR.A<\/td>\nDeemed-Retractible<\/td>\n1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 21.39
\nEvaluated at bid price : 21.39
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
BMO.PR.F<\/td>\nFixedReset Disc<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.35
\nBid-YTW : 4.86 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 7.84
\nEvaluated at bid price : 7.84
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
BAM.PF.J<\/td>\nFixedReset Disc<\/td>\n1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 21.93
\nEvaluated at bid price : 22.20
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
BAM.PF.I<\/td>\nFixedReset Disc<\/td>\n1.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 22.66
\nEvaluated at bid price : 23.00
\nBid-YTW : 5.27 %<\/td>\n<\/tr>\n
TD.PF.L<\/td>\nFixedReset Disc<\/td>\n1.78 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 20.61
\nEvaluated at bid price : 20.61
\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 7.91
\nEvaluated at bid price : 7.91
\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.82 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 11.72
\nEvaluated at bid price : 11.72
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nDeemed-Retractible<\/td>\n1.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 20.68
\nEvaluated at bid price : 20.68
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Disc<\/td>\n1.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 18.50
\nEvaluated at bid price : 18.50
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n
BIP.PR.B<\/td>\nFixedReset Disc<\/td>\n2.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 23.03
\nEvaluated at bid price : 23.72
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n2.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 14.60
\nEvaluated at bid price : 14.60
\nBid-YTW : 5.23 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n2.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 13.25
\nEvaluated at bid price : 13.25
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n
TRP.PR.K<\/td>\nFixedReset Disc<\/td>\n2.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 23.22
\nEvaluated at bid price : 23.55
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n2.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 15.72
\nEvaluated at bid price : 15.72
\nBid-YTW : 5.47 %<\/td>\n<\/tr>\n
BIP.PR.C<\/td>\nFixedReset Disc<\/td>\n2.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 21.96
\nEvaluated at bid price : 22.55
\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n2.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 7.79
\nEvaluated at bid price : 7.79
\nBid-YTW : 5.34 %<\/td>\n<\/tr>\n
HSE.PR.C<\/td>\nFixedReset Disc<\/td>\n2.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 11.37
\nEvaluated at bid price : 11.37
\nBid-YTW : 8.76 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Disc<\/td>\n2.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 17.11
\nEvaluated at bid price : 17.11
\nBid-YTW : 5.12 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n3.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 14.23
\nEvaluated at bid price : 14.23
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
BMO.PR.D<\/td>\nFixedReset Disc<\/td>\n3.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 17.55
\nEvaluated at bid price : 17.55
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n
TRP.PR.H<\/td>\nFloatingReset<\/td>\n4.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 8.00
\nEvaluated at bid price : 8.00
\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n5.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 9.32
\nEvaluated at bid price : 9.32
\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n11.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 16.00
\nEvaluated at bid price : 16.00
\nBid-YTW : 5.11 %<\/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
TD.PF.G<\/td>\nFixedReset Disc<\/td>\n91,350<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 24.40
\nEvaluated at bid price : 24.80
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n76,804<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 15.10
\nEvaluated at bid price : 15.10
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n
RY.PR.Q<\/td>\nFixedReset Disc<\/td>\n50,768<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 24.37
\nEvaluated at bid price : 24.76
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n36,695<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 15.15
\nEvaluated at bid price : 15.15
\nBid-YTW : 4.79 %<\/td>\n<\/tr>\n
TD.PF.M<\/td>\nFixedReset Disc<\/td>\n33,637<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 21.27
\nEvaluated at bid price : 21.55
\nBid-YTW : 4.90 %<\/td>\n<\/tr>\n
TRP.PR.H<\/td>\nFloatingReset<\/td>\n28,325<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 8.00
\nEvaluated at bid price : 8.00
\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n
There were 38 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.G<\/td>\nFixedReset Disc<\/td>\nQuote: 14.25 – 16.22
\nSpot Rate : 1.9700
\nAverage : 1.3545<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 14.25
\nEvaluated at bid price : 14.25
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n

PVS.PR.E<\/td>\nSplitShare<\/td>\nQuote: 25.00 – 25.78
\nSpot Rate : 0.7800
\nAverage : 0.4523<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.00
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n

CU.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.60 – 21.60
\nSpot Rate : 1.0000
\nAverage : 0.6760<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 5.47 %<\/td>\n<\/tr>\n

BAM.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 13.15 – 14.00
\nSpot Rate : 0.8500
\nAverage : 0.5481<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 13.15
\nEvaluated at bid price : 13.15
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n

IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\nQuote: 14.75 – 15.50
\nSpot Rate : 0.7500
\nAverage : 0.4827<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 14.75
\nEvaluated at bid price : 14.75
\nBid-YTW : 5.23 %<\/td>\n<\/tr>\n

NA.PR.A<\/td>\nFixedReset Disc<\/td>\nQuote: 23.02 – 23.83
\nSpot Rate : 0.8100
\nAverage : 0.5743<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-08
\nMaturity Price : 22.56
\nEvaluated at bid price : 23.02
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Click for Big Well, it was an historic day for jobs numbers: The nation\u2019s economic distress came into greater focus on Friday, offering a snapshot unseen since the Great Depression. The Labor Department said the …<\/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-40823","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/40823","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=40823"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/40823\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}