{"id":41264,"date":"2020-08-24T18:20:28","date_gmt":"2020-08-24T23:20:28","guid":{"rendered":"http:\/\/prefblog.com\/?p=41264"},"modified":"2020-08-24T18:20:28","modified_gmt":"2020-08-24T23:20:28","slug":"august-24-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41264","title":{"rendered":"August 24, 2020"},"content":{"rendered":"<p>FAIR Canada <a href=\"https:\/\/www.theglobeandmail.com\/business\/article-fair-canada-names-former-securities-regulator-as-its-new-executive\/\">continues to fulfill its role<\/a> as a <a href=\"http:\/\/prefblog.com\/?p=15806\">a superannuation scheme for ex-OSC staff<\/a>:<\/p>\n<blockquote><p>The Canadian Foundation for the Advancement of Investor Rights, known as FAIR Canada, says Jean-Paul Bureaud will assume its top job. A lawyer by training, Mr. Bureaud worked for the Ontario Securities Commission for 19 years before leaving in October, 2018. Most recently, he\u2019s been a consultant for the World Bank.<\/p><\/blockquote>\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>0.6512 %<\/td>\n<td>1,605.6<\/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>0.6512 %<\/td>\n<td>2,946.2<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>5.20 %<\/td>\n<td>5.28 %<\/td>\n<td>59,599<\/td>\n<td>14.96<\/td>\n<td>3<\/td>\n<td>0.6512 %<\/td>\n<td>1,697.9<\/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>0.3934 %<\/td>\n<td>3,525.2<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.68 %<\/td>\n<td>4.25 %<\/td>\n<td>40,147<\/td>\n<td>3.27<\/td>\n<td>8<\/td>\n<td>0.3934 %<\/td>\n<td>4,209.8<\/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>0.3934 %<\/td>\n<td>3,284.7<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.55 %<\/td>\n<td>4.70 %<\/td>\n<td>88,395<\/td>\n<td>4.00<\/td>\n<td>4<\/td>\n<td>0.0397 %<\/td>\n<td>3,097.3<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.42 %<\/td>\n<td>5.56 %<\/td>\n<td>78,510<\/td>\n<td>14.39<\/td>\n<td>31<\/td>\n<td>0.1587 %<\/td>\n<td>3,370.7<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Disc<\/td>\n<td>5.55 %<\/td>\n<td>4.30 %<\/td>\n<td>122,253<\/td>\n<td>16.16<\/td>\n<td>67<\/td>\n<td>0.2400 %<\/td>\n<td>2,063.5<\/td>\n<\/tr>\n<tr>\n<td>Deemed-Retractible<\/td>\n<td>5.20 %<\/td>\n<td>5.30 %<\/td>\n<td>91,713<\/td>\n<td>14.64<\/td>\n<td>27<\/td>\n<td>0.1510 %<\/td>\n<td>3,305.7<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>2.86 %<\/td>\n<td>2.04 %<\/td>\n<td>38,202<\/td>\n<td>1.42<\/td>\n<td>3<\/td>\n<td>0.6080 %<\/td>\n<td>1,784.9<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Prem<\/td>\n<td>5.26 %<\/td>\n<td>4.26 %<\/td>\n<td>220,983<\/td>\n<td>0.89<\/td>\n<td>11<\/td>\n<td>0.2161 %<\/td>\n<td>2,616.2<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Bank Non<\/td>\n<td>1.97 %<\/td>\n<td>2.37 %<\/td>\n<td>109,718<\/td>\n<td>1.41<\/td>\n<td>2<\/td>\n<td>-0.1830 %<\/td>\n<td>2,812.5<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Ins Non<\/td>\n<td>5.81 %<\/td>\n<td>4.56 %<\/td>\n<td>84,168<\/td>\n<td>15.87<\/td>\n<td>22<\/td>\n<td>0.6136 %<\/td>\n<td>2,066.9<\/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>TRP.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.52 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 13.59<br \/>\nEvaluated at bid price : 13.59<br \/>\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.Q<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.35 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 18.21<br \/>\nEvaluated at bid price : 18.21<br \/>\nBid-YTW : 4.38 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.B<\/td>\n<td>Deemed-Retractible<\/td>\n<td>-1.16 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 22.72<br \/>\nEvaluated at bid price : 23.01<br \/>\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.11 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 8.90<br \/>\nEvaluated at bid price : 8.90<br \/>\nBid-YTW : 5.47 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.J<\/td>\n<td>FixedReset Prem<\/td>\n<td>1.07 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-05-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.45<br \/>\nBid-YTW : 3.00 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.Z<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.10 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 16.50<br \/>\nEvaluated at bid price : 16.50<br \/>\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.A<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.18 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 12.04<br \/>\nEvaluated at bid price : 12.04<br \/>\nBid-YTW : 4.84 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.C<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.20 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 15.99<br \/>\nEvaluated at bid price : 15.99<br \/>\nBid-YTW : 4.86 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.K<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.24 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 23.42<br \/>\nEvaluated at bid price : 24.45<br \/>\nBid-YTW : 4.97 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.I<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.29 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 21.63<br \/>\nEvaluated at bid price : 22.05<br \/>\nBid-YTW : 3.98 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.H<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.30 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 19.55<br \/>\nEvaluated at bid price : 19.55<br \/>\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.39 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 12.36<br \/>\nEvaluated at bid price : 12.36<br \/>\nBid-YTW : 5.38 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.Q<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.44 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 17.65<br \/>\nEvaluated at bid price : 17.65<br \/>\nBid-YTW : 4.52 %<\/td>\n<\/tr>\n<tr>\n<td>EIT.PR.B<\/td>\n<td>SplitShare<\/td>\n<td>1.44 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Soft Maturity<br \/>\nMaturity Date\t: 2025-03-14<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.36<br \/>\nBid-YTW : 4.40 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.H<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.50 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 14.21<br \/>\nEvaluated at bid price : 14.21<br \/>\nBid-YTW : 4.59 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.56 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 18.83<br \/>\nEvaluated at bid price : 18.83<br \/>\nBid-YTW : 4.26 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.J<\/td>\n<td>FloatingReset<\/td>\n<td>1.61 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 9.45<br \/>\nEvaluated at bid price : 9.45<br \/>\nBid-YTW : 4.17 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.I<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.88 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 18.44<br \/>\nEvaluated at bid price : 18.44<br \/>\nBid-YTW : 4.56 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.D<\/td>\n<td>FixedReset Disc<\/td>\n<td>3.14 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 19.36<br \/>\nEvaluated at bid price : 19.36<br \/>\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>3.35 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 10.18<br \/>\nEvaluated at bid price : 10.18<br \/>\nBid-YTW : 4.48 %<\/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>TD.PF.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>97,900<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 17.95<br \/>\nEvaluated at bid price : 17.95<br \/>\nBid-YTW : 4.09 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.I<\/td>\n<td>Perpetual-Premium<\/td>\n<td>91,950<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2020-09-23<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.17<br \/>\nBid-YTW : 2.52 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>82,442<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 17.85<br \/>\nEvaluated at bid price : 17.85<br \/>\nBid-YTW : 4.01 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.S<\/td>\n<td>FixedReset Disc<\/td>\n<td>79,080<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 17.42<br \/>\nEvaluated at bid price : 17.42<br \/>\nBid-YTW : 4.36 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.C<\/td>\n<td>Deemed-Retractible<\/td>\n<td>72,315<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 21.35<br \/>\nEvaluated at bid price : 21.35<br \/>\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.O<\/td>\n<td>FixedReset Disc<\/td>\n<td>62,450<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 17.55<br \/>\nEvaluated at bid price : 17.55<br \/>\nBid-YTW : 4.20 %<\/td>\n<\/tr>\n<tr>\n<td colspan='4'>There were 18 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>IAF.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>Quote: 18.40 &#8211; 25.00<br \/>\nSpot Rate  :  6.6000<br \/>\nAverage  :  4.2997<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 18.40<br \/>\nEvaluated at bid price : 18.40<br \/>\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.Q<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 18.21 &#8211; 18.90<br \/>\nSpot Rate  :  0.6900<br \/>\nAverage  :  0.4395<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 18.21<br \/>\nEvaluated at bid price : 18.21<br \/>\nBid-YTW : 4.38 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.H<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 17.90 &#8211; 18.49<br \/>\nSpot Rate  :  0.5900<br \/>\nAverage  :  0.3838<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 17.90<br \/>\nEvaluated at bid price : 17.90<br \/>\nBid-YTW : 3.99 %<\/td>\n<\/tr>\n<tr>\n<td>W.PR.K<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 25.00 &#8211; 25.50<br \/>\nSpot Rate  :  0.5000<br \/>\nAverage  :  0.3316<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 24.43<br \/>\nEvaluated at bid price : 25.00<br \/>\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.B<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 15.45 &#8211; 16.00<br \/>\nSpot Rate  :  0.5500<br \/>\nAverage  :  0.3946<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 15.45<br \/>\nEvaluated at bid price : 15.45<br \/>\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n<tr>\n<td>BIP.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 21.14 &#8211; 21.50<br \/>\nSpot Rate  :  0.3600<br \/>\nAverage  :  0.2454<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-08-24<br \/>\nMaturity Price  : 21.14<br \/>\nEvaluated at bid price : 21.14<br \/>\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>FAIR Canada continues to fulfill its role as a a superannuation scheme for ex-OSC staff: The Canadian Foundation for the Advancement of Investor Rights, known as FAIR Canada, says Jean-Paul Bureaud will assume its top &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-41264","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41264","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=41264"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41264\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}