{"id":40883,"date":"2020-05-20T18:22:30","date_gmt":"2020-05-20T23:22:30","guid":{"rendered":"http:\/\/prefblog.com\/?p=40883"},"modified":"2020-05-20T18:22:30","modified_gmt":"2020-05-20T23:22:30","slug":"may-20-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=40883","title":{"rendered":"May 20, 2020"},"content":{"rendered":"
\"rainbow_200520\"<\/a>
Click for Big<\/i><\/div>\n

TXPR closed at 515.55<\/a>, up 0.78% on the day. Volume today was 1.92-million, slightly below average in the context of the past thirty days.<\/p>\n

CPD closed at 10.36<\/a>, up 0.58% on the day. Volume was 72,755, slightly below the average of the past 30 trading days.<\/p>\n

ZPR closed at 8.07<\/a>, up 0.88% on the day. Volume of 88,873 was well below average in the context of the past 30 trading days.<\/p>\n

Five-year Canada yields were unchanged at 0.42%<\/a> today.<\/p>\n

Don’t look to inflation to drive up 5-year bond yields, says the Bank of Canada<\/a>:<\/p>\n

The Bank of Canada thinks there is likely to be downward pressure on inflation once coronavirus-related shutdowns are lifted, a senior official said on Wednesday, a sign the Bank is in no rush to raise near-record low interest rates.
…<\/b>
Deputy governor Timothy Lane said Canada would likely emerge with both demand and supply weaker than before. The scarring associated with the shutdown could lower productivity, which tends to result in higher inflation.<\/p>\n

\u201cBut the Bank\u2019s analysis suggests that the decline in demand stemming in part from weaker business and consumer confidence is likely to have a larger effect. On balance, there is likely to be downward pressure on inflation,\u201d he said in a speech to a Winnipeg business audience via video.<\/p>\n

Lane reiterated that the bank expected second quarter growth to plunge anywhere between 15 and 30 percent from its level in late 2019.<\/p><\/blockquote>\n

Gloom about the immediate future is widespread<\/a>:<\/p>\n

Only one in five Americans expects overall business conditions to be \u201cvery\u201d or \u201csomewhat\u201d good over the next year, according to a poll conducted this month for The New York Times by the online research platform SurveyMonkey. Sixty percent said they expected the next five years to be characterized by \u201cperiods of widespread unemployment or depression.\u201d<\/p>\n

Those numbers are little changed from a month earlier, and may even reflect a slight decline in outlook, signaling that the reopenings and federal and state political moves to deal with the pandemic have had little impact on confidence.<\/p>\n

Other data tells a similar story. A survey from the University of Michigan last week found that consumers\u2019 assessment of current economic conditions had improved modestly in early May, but that their view of the future had continued to darken.<\/p><\/blockquote>\n

PerpetualDiscounts now yield 6.06%, equivalent to 7.88% interest at the standard equivalency factor of 1.3x. Long corporates<\/a> now yield 3.38%, so the pre-tax interest-equivalent spread (in this context, the \u201cSeniority Spread\u201d) has narrowed slightly (and perhaps spuriously), to 450bp from the 455bp reported May 13<\/a>. We are still above the pre-2020 record of 445bp briefly touched in 2008<\/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>\n1.0143 %<\/td>\n1,434.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.0143 %<\/td>\n2,632.9<\/td>\n<\/tr>\n
Floater<\/td>\n5.38 %<\/td>\n5.61 %<\/td>\n30,666<\/td>\n14.42<\/td>\n4<\/td>\n1.0143 %<\/td>\n1,517.4<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3645 %<\/td>\n3,386.9<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.90 %<\/td>\n5.29 %<\/td>\n77,232<\/td>\n3.87<\/td>\n7<\/td>\n0.3645 %<\/td>\n4,044.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3645 %<\/td>\n3,155.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5121 %<\/td>\n2,899.5<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.80 %<\/td>\n6.06 %<\/td>\n84,789<\/td>\n13.80<\/td>\n35<\/td>\n0.5121 %<\/td>\n3,110.0<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n6.45 %<\/td>\n5.38 %<\/td>\n190,978<\/td>\n14.63<\/td>\n83<\/td>\n0.4574 %<\/td>\n1,766.1<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.48 %<\/td>\n5.79 %<\/td>\n90,710<\/td>\n13.92<\/td>\n27<\/td>\n1.0218 %<\/td>\n3,094.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n4.99 %<\/td>\n4.93 %<\/td>\n53,015<\/td>\n15.56<\/td>\n3<\/td>\n3.1660 %<\/td>\n1,770.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4574 %<\/td>\n2,442.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n2.02 %<\/td>\n4.17 %<\/td>\n169,776<\/td>\n1.66<\/td>\n2<\/td>\n0.0000 %<\/td>\n2,733.7<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n6.71 %<\/td>\n5.50 %<\/td>\n122,093<\/td>\n14.36<\/td>\n22<\/td>\n0.7933 %<\/td>\n1,770.7<\/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\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
NA.PR.G<\/td>\nFixedReset Disc<\/td>\n-3.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 15.51
\nEvaluated at bid price : 15.51
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n-3.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 13.41
\nEvaluated at bid price : 13.41
\nBid-YTW : 6.46 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-3.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 11.26
\nEvaluated at bid price : 11.26
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-2.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 8.75
\nEvaluated at bid price : 8.75
\nBid-YTW : 5.06 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 14.01
\nEvaluated at bid price : 14.01
\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n
MFC.PR.H<\/td>\nFixedReset Ins Non<\/td>\n-1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 16.00
\nEvaluated at bid price : 16.00
\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 16.70
\nEvaluated at bid price : 16.70
\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n
CM.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 19.35
\nEvaluated at bid price : 19.35
\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 12.95
\nEvaluated at bid price : 12.95
\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 13.10
\nEvaluated at bid price : 13.10
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 15.08
\nEvaluated at bid price : 15.08
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 14.05
\nEvaluated at bid price : 14.05
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n
EML.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 22.51
\nEvaluated at bid price : 23.05
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
NA.PR.C<\/td>\nFixedReset Disc<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 17.28
\nEvaluated at bid price : 17.28
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nDeemed-Retractible<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 22.70
\nEvaluated at bid price : 22.94
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
PVS.PR.F<\/td>\nSplitShare<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2024-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.81
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 13.90
\nEvaluated at bid price : 13.90
\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 20.95
\nEvaluated at bid price : 20.95
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 13.65
\nEvaluated at bid price : 13.65
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n
POW.PR.A<\/td>\nPerpetual-Discount<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 23.11
\nEvaluated at bid price : 23.37
\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 11.30
\nEvaluated at bid price : 11.30
\nBid-YTW : 6.38 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 13.81
\nEvaluated at bid price : 13.81
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nDeemed-Retractible<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 20.18
\nEvaluated at bid price : 20.18
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nDeemed-Retractible<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 20.85
\nEvaluated at bid price : 20.85
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
MFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 15.01
\nEvaluated at bid price : 15.01
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
POW.PR.C<\/td>\nPerpetual-Discount<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 23.69
\nEvaluated at bid price : 24.00
\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 14.58
\nEvaluated at bid price : 14.58
\nBid-YTW : 6.30 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nDeemed-Retractible<\/td>\n1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 20.57
\nEvaluated at bid price : 20.57
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
ELF.PR.H<\/td>\nPerpetual-Discount<\/td>\n1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 22.56
\nEvaluated at bid price : 22.85
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
BAM.PF.I<\/td>\nFixedReset Disc<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 22.85
\nEvaluated at bid price : 23.21
\nBid-YTW : 5.23 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 15.60
\nEvaluated at bid price : 15.60
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nDeemed-Retractible<\/td>\n1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 21.66
\nEvaluated at bid price : 22.04
\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nDeemed-Retractible<\/td>\n1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 21.69
\nEvaluated at bid price : 22.00
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nDeemed-Retractible<\/td>\n1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 22.03
\nEvaluated at bid price : 22.40
\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n
SLF.PR.B<\/td>\nDeemed-Retractible<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 21.85
\nEvaluated at bid price : 22.09
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Disc<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 15.02
\nEvaluated at bid price : 15.02
\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n
GWO.PR.M<\/td>\nDeemed-Retractible<\/td>\n1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 23.93
\nEvaluated at bid price : 24.17
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 9.13
\nEvaluated at bid price : 9.13
\nBid-YTW : 5.12 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 12.30
\nEvaluated at bid price : 12.30
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n1.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 14.08
\nEvaluated at bid price : 14.08
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 9.15
\nEvaluated at bid price : 9.15
\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n
SLF.PR.A<\/td>\nDeemed-Retractible<\/td>\n1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 21.55
\nEvaluated at bid price : 21.81
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n1.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 16.80
\nEvaluated at bid price : 16.80
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Disc<\/td>\n1.78 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 16.60
\nEvaluated at bid price : 16.60
\nBid-YTW : 5.14 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nDeemed-Retractible<\/td>\n1.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 20.52
\nEvaluated at bid price : 20.52
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nDeemed-Retractible<\/td>\n1.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 22.87
\nEvaluated at bid price : 23.20
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nDeemed-Retractible<\/td>\n1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 15.35
\nEvaluated at bid price : 15.35
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nDeemed-Retractible<\/td>\n2.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 20.58
\nEvaluated at bid price : 20.58
\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nDeemed-Retractible<\/td>\n2.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 20.85
\nEvaluated at bid price : 20.85
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 14.30
\nEvaluated at bid price : 14.30
\nBid-YTW : 5.22 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 7.62
\nEvaluated at bid price : 7.62
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n2.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 7.75
\nEvaluated at bid price : 7.75
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n2.86 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 14.74
\nEvaluated at bid price : 14.74
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
IAF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n2.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 15.90
\nEvaluated at bid price : 15.90
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset Disc<\/td>\n3.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 6.20
\nEvaluated at bid price : 6.20
\nBid-YTW : 8.99 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n3.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 11.30
\nEvaluated at bid price : 11.30
\nBid-YTW : 5.27 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n3.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 11.15
\nEvaluated at bid price : 11.15
\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n3.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 9.92
\nEvaluated at bid price : 9.92
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n3.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 14.47
\nEvaluated at bid price : 14.47
\nBid-YTW : 5.13 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n3.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 13.45
\nEvaluated at bid price : 13.45
\nBid-YTW : 5.33 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n3.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 13.25
\nEvaluated at bid price : 13.25
\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n
TRP.PR.H<\/td>\nFloatingReset<\/td>\n4.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 7.80
\nEvaluated at bid price : 7.80
\nBid-YTW : 4.93 %<\/td>\n<\/tr>\n
HSE.PR.E<\/td>\nFixedReset Disc<\/td>\n4.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 11.50
\nEvaluated at bid price : 11.50
\nBid-YTW : 9.44 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n5.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 9.15
\nEvaluated at bid price : 9.15
\nBid-YTW : 4.56 %<\/td>\n<\/tr>\n
HSE.PR.G<\/td>\nFixedReset Disc<\/td>\n6.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 10.80
\nEvaluated at bid price : 10.80
\nBid-YTW : 9.37 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n7.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 15.31
\nEvaluated at bid price : 15.31
\nBid-YTW : 4.74 %<\/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
RY.PR.R<\/td>\nFixedReset Disc<\/td>\n101,025<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 24.47
\nEvaluated at bid price : 24.80
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n54,225<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 15.31
\nEvaluated at bid price : 15.31
\nBid-YTW : 4.74 %<\/td>\n<\/tr>\n
RY.PR.Q<\/td>\nFixedReset Disc<\/td>\n44,783<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 23.94
\nEvaluated at bid price : 24.42
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n44,782<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 15.20
\nEvaluated at bid price : 15.20
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Disc<\/td>\n42,175<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 17.16
\nEvaluated at bid price : 17.16
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n41,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 15.60
\nEvaluated at bid price : 15.60
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
There were 29 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
HSE.PR.G<\/td>\nFixedReset Disc<\/td>\nQuote: 10.80 – 20.40
\nSpot Rate : 9.6000
\nAverage : 5.2614<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 10.80
\nEvaluated at bid price : 10.80
\nBid-YTW : 9.37 %<\/td>\n<\/tr>\n

TD.PF.D<\/td>\nFixedReset Disc<\/td>\nQuote: 15.35 – 18.80
\nSpot Rate : 3.4500
\nAverage : 2.2021<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 15.35
\nEvaluated at bid price : 15.35
\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n

RY.PR.M<\/td>\nFixedReset Disc<\/td>\nQuote: 14.01 – 16.85
\nSpot Rate : 2.8400
\nAverage : 1.7880<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 14.01
\nEvaluated at bid price : 14.01
\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n

MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\nQuote: 15.60 – 18.00
\nSpot Rate : 2.4000
\nAverage : 1.3943<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 15.60
\nEvaluated at bid price : 15.60
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n

MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\nQuote: 14.08 – 16.17
\nSpot Rate : 2.0900
\nAverage : 1.5478<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 14.08
\nEvaluated at bid price : 14.08
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n

CU.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 15.31 – 17.19
\nSpot Rate : 1.8800
\nAverage : 1.4751<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-05-20
\nMaturity Price : 15.31
\nEvaluated at bid price : 15.31
\nBid-YTW : 4.74 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Click for Big TXPR closed at 515.55, up 0.78% on the day. Volume today was 1.92-million, slightly below average in the context of the past thirty days. CPD closed at 10.36, up 0.58% on 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-40883","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/40883","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=40883"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/40883\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}