{"id":41276,"date":"2020-08-26T21:02:13","date_gmt":"2020-08-27T02:02:13","guid":{"rendered":"http:\/\/prefblog.com\/?p=41276"},"modified":"2020-08-26T21:02:13","modified_gmt":"2020-08-27T02:02:13","slug":"august-26-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41276","title":{"rendered":"August 26, 2020"},"content":{"rendered":"
\"unicorn_200826\"<\/a>
Click for Big<\/i><\/div>\n

TXPR closed at 583.50<\/a>, up 1.62% on the day. Volume today was 3.87-million, by far the highest of the past thirty days, well ahead of second-place July 29<\/a>.<\/p>\n

CPD closed at 11.63<\/a>, up 1.22% on the day. Volume was 111,115, highest of the past 30 trading days, ahead of second-place August 12<\/a>.<\/p>\n

ZPR closed at 9.35<\/a>, up 2.13% on the day. Volume of 894,959 was the highest of the past 30 trading days, more than double that of second-place August 4<\/a>.<\/p>\n

Five-year Canada yields were up 1bp to 0.42%<\/a> today.<\/p>\n

Today’s market pop is probably related to the announcement of a mass redemption of RY DeemedRetractibles<\/a>.<\/p>\n

PerpetualDiscounts now yield 5.46%, equivalent to 7.10% interest at the standard equivalency factor of 1.3x. Long corporates<\/a> now yield 2.89%, so the pre-tax interest-equivalent spread (in this context, the \u201cSeniority Spread\u201d) has narrowed dramatically to 420bp from the 455bp reported August 12<\/a>. We are now well below 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>\n1.7699 %<\/td>\n1,642.6<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.7699 %<\/td>\n3,014.1<\/td>\n<\/tr>\n
Floater<\/td>\n5.08 %<\/td>\n5.16 %<\/td>\n59,118<\/td>\n15.15<\/td>\n3<\/td>\n1.7699 %<\/td>\n1,737.0<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1340 %<\/td>\n3,527.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.68 %<\/td>\n4.38 %<\/td>\n41,268<\/td>\n3.26<\/td>\n8<\/td>\n0.1340 %<\/td>\n4,212.5<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1340 %<\/td>\n3,286.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.54 %<\/td>\n4.72 %<\/td>\n86,171<\/td>\n3.99<\/td>\n4<\/td>\n0.0297 %<\/td>\n3,103.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.36 %<\/td>\n5.46 %<\/td>\n78,613<\/td>\n14.56<\/td>\n31<\/td>\n0.8291 %<\/td>\n3,404.3<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.43 %<\/td>\n4.22 %<\/td>\n121,615<\/td>\n16.29<\/td>\n67<\/td>\n1.3256 %<\/td>\n2,104.3<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.14 %<\/td>\n5.19 %<\/td>\n94,562<\/td>\n14.82<\/td>\n27<\/td>\n0.7849 %<\/td>\n3,347.2<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.85 %<\/td>\n2.28 %<\/td>\n39,214<\/td>\n1.41<\/td>\n3<\/td>\n0.2900 %<\/td>\n1,803.7<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.25 %<\/td>\n3.89 %<\/td>\n236,336<\/td>\n0.88<\/td>\n11<\/td>\n0.0466 %<\/td>\n2,623.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.96 %<\/td>\n2.38 %<\/td>\n128,054<\/td>\n1.41<\/td>\n2<\/td>\n-0.1618 %<\/td>\n2,826.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.70 %<\/td>\n4.44 %<\/td>\n85,280<\/td>\n16.05<\/td>\n22<\/td>\n0.9533 %<\/td>\n2,110.6<\/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\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
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-3.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 4.22 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-2.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 18.15
\nEvaluated at bid price : 18.15
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n
MFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 18.17
\nEvaluated at bid price : 18.17
\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Disc<\/td>\n-1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 21.59
\nEvaluated at bid price : 22.00
\nBid-YTW : 4.00 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 9.00
\nEvaluated at bid price : 9.00
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
BIP.PR.B<\/td>\nFixedReset Disc<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 24.16
\nEvaluated at bid price : 24.85
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
POW.PR.B<\/td>\nPerpetual-Discount<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 24.06
\nEvaluated at bid price : 24.31
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n
BMO.PR.C<\/td>\nFixedReset Disc<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 23.13
\nEvaluated at bid price : 23.51
\nBid-YTW : 4.01 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 16.48
\nEvaluated at bid price : 16.48
\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nDeemed-Retractible<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.45
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
MFC.PR.R<\/td>\nFixedReset Ins Non<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 23.73
\nEvaluated at bid price : 24.12
\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n
PWF.PR.R<\/td>\nPerpetual-Discount<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 24.62
\nEvaluated at bid price : 24.86
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
BAM.PF.C<\/td>\nPerpetual-Discount<\/td>\n1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 21.73
\nEvaluated at bid price : 22.16
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
NA.PR.C<\/td>\nFixedReset Disc<\/td>\n1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 23.09
\nEvaluated at bid price : 23.40
\nBid-YTW : 4.15 %<\/td>\n<\/tr>\n
SLF.PR.A<\/td>\nDeemed-Retractible<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 22.76
\nEvaluated at bid price : 23.04
\nBid-YTW : 5.14 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 24.35
\nEvaluated at bid price : 24.66
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 21.52
\nEvaluated at bid price : 21.78
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n
IAF.PR.B<\/td>\nDeemed-Retractible<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 22.22
\nEvaluated at bid price : 22.50
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 22.87
\nEvaluated at bid price : 23.14
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 13.99
\nEvaluated at bid price : 13.99
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n
SLF.PR.B<\/td>\nDeemed-Retractible<\/td>\n1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 23.17
\nEvaluated at bid price : 23.43
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nDeemed-Retractible<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nDeemed-Retractible<\/td>\n1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 24.38
\nEvaluated at bid price : 24.85
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 15.56
\nEvaluated at bid price : 15.56
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n
BMO.PR.D<\/td>\nFixedReset Disc<\/td>\n1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 22.34
\nEvaluated at bid price : 22.65
\nBid-YTW : 4.01 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 20.55
\nEvaluated at bid price : 20.55
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n
BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 21.48
\nEvaluated at bid price : 21.74
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset Disc<\/td>\n1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 17.75
\nEvaluated at bid price : 17.75
\nBid-YTW : 4.28 %<\/td>\n<\/tr>\n
CM.PR.T<\/td>\nFixedReset Disc<\/td>\n1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 22.70
\nEvaluated at bid price : 23.61
\nBid-YTW : 4.19 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nDeemed-Retractible<\/td>\n1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 22.63
\nEvaluated at bid price : 22.89
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nDeemed-Retractible<\/td>\n1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 24.04
\nEvaluated at bid price : 24.51
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 21.90
\nEvaluated at bid price : 21.90
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 18.50
\nEvaluated at bid price : 18.50
\nBid-YTW : 4.27 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 8.43
\nEvaluated at bid price : 8.43
\nBid-YTW : 5.16 %<\/td>\n<\/tr>\n
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 18.83
\nEvaluated at bid price : 18.83
\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n1.75 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 23.44
\nEvaluated at bid price : 23.84
\nBid-YTW : 5.44 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 8.45
\nEvaluated at bid price : 8.45
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n1.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 8.42
\nEvaluated at bid price : 8.42
\nBid-YTW : 5.17 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n1.82 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 20.71
\nEvaluated at bid price : 20.71
\nBid-YTW : 4.07 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 19.30
\nEvaluated at bid price : 19.30
\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nDeemed-Retractible<\/td>\n1.86 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 22.78
\nEvaluated at bid price : 23.06
\nBid-YTW : 5.33 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 23.49
\nEvaluated at bid price : 23.76
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n1.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 18.35
\nEvaluated at bid price : 18.35
\nBid-YTW : 3.92 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 18.41
\nEvaluated at bid price : 18.41
\nBid-YTW : 3.81 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nDeemed-Retractible<\/td>\n1.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 24.46
\nEvaluated at bid price : 24.70
\nBid-YTW : 5.34 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 18.20
\nEvaluated at bid price : 18.20
\nBid-YTW : 4.04 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nDeemed-Retractible<\/td>\n1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 23.96
\nEvaluated at bid price : 24.43
\nBid-YTW : 5.33 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n1.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 18.43
\nEvaluated at bid price : 18.43
\nBid-YTW : 3.87 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n2.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 18.51
\nEvaluated at bid price : 18.51
\nBid-YTW : 3.96 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 18.10
\nEvaluated at bid price : 18.10
\nBid-YTW : 4.55 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n2.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 16.65
\nEvaluated at bid price : 16.65
\nBid-YTW : 4.38 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n2.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 17.93
\nEvaluated at bid price : 17.93
\nBid-YTW : 4.50 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n2.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 15.50
\nEvaluated at bid price : 15.50
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n2.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 22.93
\nEvaluated at bid price : 23.20
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n2.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 22.31
\nEvaluated at bid price : 22.58
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n2.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 10.50
\nEvaluated at bid price : 10.50
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Disc<\/td>\n2.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 22.78
\nEvaluated at bid price : 23.13
\nBid-YTW : 4.16 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Disc<\/td>\n2.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 20.45
\nEvaluated at bid price : 20.45
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n2.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 3.90 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n2.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 10.71
\nEvaluated at bid price : 10.71
\nBid-YTW : 4.90 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n2.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 10.24
\nEvaluated at bid price : 10.24
\nBid-YTW : 4.41 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n2.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 16.16
\nEvaluated at bid price : 16.16
\nBid-YTW : 4.41 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n2.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 15.47
\nEvaluated at bid price : 15.47
\nBid-YTW : 4.51 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n2.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 10.55
\nEvaluated at bid price : 10.55
\nBid-YTW : 4.26 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n3.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 16.73
\nEvaluated at bid price : 16.73
\nBid-YTW : 4.46 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n3.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 12.81
\nEvaluated at bid price : 12.81
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n3.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 14.04
\nEvaluated at bid price : 14.04
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n3.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 17.80
\nEvaluated at bid price : 17.80
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n3.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 17.45
\nEvaluated at bid price : 17.45
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n3.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 19.11
\nEvaluated at bid price : 19.11
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n3.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 18.34
\nEvaluated at bid price : 18.34
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n3.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 18.33
\nEvaluated at bid price : 18.33
\nBid-YTW : 3.92 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n3.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 17.67
\nEvaluated at bid price : 17.67
\nBid-YTW : 4.01 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n4.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 16.31
\nEvaluated at bid price : 16.31
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n4.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 17.29
\nEvaluated at bid price : 17.29
\nBid-YTW : 5.22 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n4.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 13.68
\nEvaluated at bid price : 13.68
\nBid-YTW : 5.16 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n5.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 16.85
\nEvaluated at bid price : 16.85
\nBid-YTW : 5.17 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n5.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 10.40
\nEvaluated at bid price : 10.40
\nBid-YTW : 4.13 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n6.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 15.45
\nEvaluated at bid price : 15.45
\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
SLF.PR.D<\/td>\nDeemed-Retractible<\/td>\n380,465<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.45
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
BMO.PR.C<\/td>\nFixedReset Disc<\/td>\n255,528<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 23.13
\nEvaluated at bid price : 23.51
\nBid-YTW : 4.01 %<\/td>\n<\/tr>\n
BNS.PR.Z<\/td>\nFixedReset Bank Non<\/td>\n203,875<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.85
\nBid-YTW : 2.38 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Disc<\/td>\n111,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 22.78
\nEvaluated at bid price : 23.13
\nBid-YTW : 4.16 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n106,210<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 19.30
\nEvaluated at bid price : 19.30
\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n
RY.PR.R<\/td>\nFixedReset Prem<\/td>\n80,026<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.41
\nBid-YTW : 3.87 %<\/td>\n<\/tr>\n
There were 55 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
TD.PF.D<\/td>\nFixedReset Disc<\/td>\nQuote: 19.00 – 20.64
\nSpot Rate : 1.6400
\nAverage : 0.9977<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 4.22 %<\/td>\n<\/tr>\n

SLF.PR.J<\/td>\nFloatingReset<\/td>\nQuote: 9.50 – 10.50
\nSpot Rate : 1.0000
\nAverage : 0.6211<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 9.50
\nEvaluated at bid price : 9.50
\nBid-YTW : 4.09 %<\/td>\n<\/tr>\n

MFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 18.17 – 19.20
\nSpot Rate : 1.0300
\nAverage : 0.6814<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 18.17
\nEvaluated at bid price : 18.17
\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n

MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\nQuote: 18.15 – 19.24
\nSpot Rate : 1.0900
\nAverage : 0.7434<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 18.15
\nEvaluated at bid price : 18.15
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n

MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 16.65 – 17.65
\nSpot Rate : 1.0000
\nAverage : 0.6535<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 16.65
\nEvaluated at bid price : 16.65
\nBid-YTW : 4.38 %<\/td>\n<\/tr>\n

IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 18.83 – 25.00
\nSpot Rate : 6.1700
\nAverage : 5.8243<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-08-26
\nMaturity Price : 18.83
\nEvaluated at bid price : 18.83
\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Click for Big TXPR closed at 583.50, up 1.62% on the day. Volume today was 3.87-million, by far the highest of the past thirty days, well ahead of second-place July 29. CPD closed at 11.63, …<\/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-41276","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41276","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=41276"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41276\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}