{"id":41421,"date":"2020-09-30T18:39:36","date_gmt":"2020-09-30T23:39:36","guid":{"rendered":"http:\/\/prefblog.com\/?p=41421"},"modified":"2020-09-30T18:39:36","modified_gmt":"2020-09-30T23:39:36","slug":"september-30-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41421","title":{"rendered":"September 30, 2020"},"content":{"rendered":"<div align=\"center\"><a href=\"http:\/\/prefblog.com\/wp-content\/uploads\/2020\/09\/unicorn_200930.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/prefblog.com\/wp-content\/uploads\/2020\/09\/unicorn_200930-300x172.jpg\" alt=\"unicorn_200930\" width=\"400\" height=\"230\" class=\"alignnone size-medium wp-image-41422\" \/><\/a><br \/><i>Click for Big<\/i><\/div>\n<p>TXPR <a href=\"https:\/\/web.tmxmoney.com\/quote.php?qm_symbol=txpr\">closed at 582.42<\/a>, up 1.42% on the day. Volume today was 3.48-million, highest of the past thirty days and well ahead of second-place <a href=\"http:\/\/prefblog.com\/?p=41338\">September 9<\/a>.<\/p>\n<p>CPD <a href=\"https:\/\/web.tmxmoney.com\/quote.php?qm_symbol=cpd\">closed at 11.58<\/a>, up 1.14% on the day. Volume was 74,620, well above the median of the past 30 trading days.<\/p>\n<p>ZPR <a href=\"https:\/\/web.tmxmoney.com\/quote.php?qm_symbol=zpr\">closed at 9.12<\/a>, up 1.56% on the day. Volume of 155,437 was well below the median of the past 30 trading days.<\/p>\n<p>Five-year Canada yields were <a href=\"https:\/\/www.investing.com\/rates-bonds\/canada-5-year-bond-yield-historical-data\">up 1bp to 0.35%<\/a> today.<\/p>\n<p>PerpetualDiscounts now yield 5.24%, equivalent to 6.81% interest at the standard equivalency factor of 1.3x. <a href=\"https:\/\/www.bmo.com\/gam\/ca\/advisor\/products\/etfs?fundUrl=\/fundProfile\/ZLC#fundUrl=%2FfundProfile%2FZLC\">Long corporates<\/a> now yield 2.86%, so the pre-tax interest-equivalent spread (in this context, the \u201cSeniority Spread\u201d) has narrowed to 395bp from the 405bp reported <a href=\"http:\/\/prefblog.com\/?p=41391\">September 23<\/a>.<\/p>\n<table border='1'>\n<tr>\n<td colspan='8'><strong>HIMIPref&trade; Preferred Indices<br \/>These values reflect the December 2008 revision of the HIMIPref&trade; Indices<\/strong><br \/>Values are provisional and are finalized monthly<\/td>\n<\/tr>\n<tr>\n<td>Index<\/td>\n<td>Mean<br \/>Current<br \/>Yield<br \/>(at bid)<\/td>\n<td>Median<br \/>YTW<\/td>\n<td>Median<br \/>Average<br \/>Trading<br \/>Value<\/td>\n<td>Median<br \/>Mod Dur<br \/>(YTW)<\/td>\n<td>Issues<\/td>\n<td>Day&#8217;s Perf.<\/td>\n<td>Index Value<\/td>\n<\/tr>\n<tr>\n<td>Ratchet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.0000 %<\/td>\n<td>1,634.0<\/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>0.0000 %<\/td>\n<td>2,998.3<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>5.21 %<\/td>\n<td>5.21 %<\/td>\n<td>53,678<\/td>\n<td>15.13<\/td>\n<td>3<\/td>\n<td>0.0000 %<\/td>\n<td>1,727.9<\/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>0.0514 %<\/td>\n<td>3,502.7<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.85 %<\/td>\n<td>4.80 %<\/td>\n<td>52,527<\/td>\n<td>3.61<\/td>\n<td>7<\/td>\n<td>0.0514 %<\/td>\n<td>4,182.9<\/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>0.0514 %<\/td>\n<td>3,263.7<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.31 %<\/td>\n<td>4.25 %<\/td>\n<td>77,382<\/td>\n<td>3.52<\/td>\n<td>17<\/td>\n<td>0.3244 %<\/td>\n<td>3,154.5<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.21 %<\/td>\n<td>5.24 %<\/td>\n<td>94,438<\/td>\n<td>14.96<\/td>\n<td>17<\/td>\n<td>0.2448 %<\/td>\n<td>3,532.7<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Disc<\/td>\n<td>5.51 %<\/td>\n<td>4.25 %<\/td>\n<td>119,803<\/td>\n<td>16.35<\/td>\n<td>68<\/td>\n<td>1.3536 %<\/td>\n<td>2,081.4<\/td>\n<\/tr>\n<tr>\n<td>Deemed-Retractible<\/td>\n<td>5.02 %<\/td>\n<td>4.90 %<\/td>\n<td>121,274<\/td>\n<td>15.20<\/td>\n<td>27<\/td>\n<td>0.2386 %<\/td>\n<td>3,457.5<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>2.86 %<\/td>\n<td>2.13 %<\/td>\n<td>49,756<\/td>\n<td>1.31<\/td>\n<td>3<\/td>\n<td>0.6328 %<\/td>\n<td>1,795.3<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Prem<\/td>\n<td>5.23 %<\/td>\n<td>4.19 %<\/td>\n<td>282,098<\/td>\n<td>0.79<\/td>\n<td>11<\/td>\n<td>0.3121 %<\/td>\n<td>2,629.0<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Bank Non<\/td>\n<td>1.95 %<\/td>\n<td>2.25 %<\/td>\n<td>138,142<\/td>\n<td>1.31<\/td>\n<td>2<\/td>\n<td>-0.0201 %<\/td>\n<td>2,844.0<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Ins Non<\/td>\n<td>5.67 %<\/td>\n<td>4.39 %<\/td>\n<td>82,273<\/td>\n<td>16.20<\/td>\n<td>22<\/td>\n<td>1.5754 %<\/td>\n<td>2,130.2<\/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>BIP.PR.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.88 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 16.73<br \/>\nEvaluated at bid price : 16.73<br \/>\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n<tr>\n<td>EML.PR.A<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.07 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-04-17<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.05<br \/>\nBid-YTW : 4.89 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.I<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.00 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 19.10<br \/>\nEvaluated at bid price : 19.10<br \/>\nBid-YTW : 4.38 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.C<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.05 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 16.34<br \/>\nEvaluated at bid price : 16.34<br \/>\nBid-YTW : 4.66 %<\/td>\n<\/tr>\n<tr>\n<td>W.PR.M<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.06 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 24.55<br \/>\nEvaluated at bid price : 24.90<br \/>\nBid-YTW : 5.22 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.07 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 23.33<br \/>\nEvaluated at bid price : 23.65<br \/>\nBid-YTW : 4.10 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.09 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 17.60<br \/>\nEvaluated at bid price : 17.60<br \/>\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.13 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 17.90<br \/>\nEvaluated at bid price : 17.90<br \/>\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.B<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.15 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 17.56<br \/>\nEvaluated at bid price : 17.56<br \/>\nBid-YTW : 4.10 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.17 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 19.95<br \/>\nEvaluated at bid price : 19.95<br \/>\nBid-YTW : 4.35 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.Y<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.19 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 18.72<br \/>\nEvaluated at bid price : 18.72<br \/>\nBid-YTW : 4.13 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.F<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.20 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 23.35<br \/>\nEvaluated at bid price : 25.20<br \/>\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.S<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.22 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 17.46<br \/>\nEvaluated at bid price : 17.46<br \/>\nBid-YTW : 4.35 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.N<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.22 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 16.58<br \/>\nEvaluated at bid price : 16.58<br \/>\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n<tr>\n<td>BIP.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.25 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 22.98<br \/>\nEvaluated at bid price : 23.54<br \/>\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.T<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.28 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 22.81<br \/>\nEvaluated at bid price : 23.80<br \/>\nBid-YTW : 4.08 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.N<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.28 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 10.25<br \/>\nEvaluated at bid price : 10.25<br \/>\nBid-YTW : 4.07 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.29 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 18.87<br \/>\nEvaluated at bid price : 18.87<br \/>\nBid-YTW : 4.25 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.H<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.31 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 20.18<br \/>\nEvaluated at bid price : 20.18<br \/>\nBid-YTW : 4.42 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.B<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.37 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 15.57<br \/>\nEvaluated at bid price : 15.57<br \/>\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.40 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 15.21<br \/>\nEvaluated at bid price : 15.21<br \/>\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.I<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.43 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 23.74<br \/>\nEvaluated at bid price : 24.14<br \/>\nBid-YTW : 4.98 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.T<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.53 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 16.62<br \/>\nEvaluated at bid price : 16.62<br \/>\nBid-YTW : 4.58 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.R<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.53 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 12.59<br \/>\nEvaluated at bid price : 12.59<br \/>\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.L<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.57 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 22.90<br \/>\nEvaluated at bid price : 24.00<br \/>\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.J<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.74 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 23.06<br \/>\nEvaluated at bid price : 23.91<br \/>\nBid-YTW : 4.94 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.89 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 11.87<br \/>\nEvaluated at bid price : 11.87<br \/>\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.89 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 10.24<br \/>\nEvaluated at bid price : 10.24<br \/>\nBid-YTW : 4.36 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.H<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.06 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 23.98<br \/>\nEvaluated at bid price : 24.80<br \/>\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.10 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 14.60<br \/>\nEvaluated at bid price : 14.60<br \/>\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.26 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 13.59<br \/>\nEvaluated at bid price : 13.59<br \/>\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.Q<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>2.28 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 18.40<br \/>\nEvaluated at bid price : 18.40<br \/>\nBid-YTW : 4.32 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.J<\/td>\n<td>FloatingReset<\/td>\n<td>2.37 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 9.52<br \/>\nEvaluated at bid price : 9.52<br \/>\nBid-YTW : 4.07 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.F<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.47 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 16.15<br \/>\nEvaluated at bid price : 16.15<br \/>\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.I<\/td>\n<td>Perpetual-Premium<\/td>\n<td>2.48 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2029-03-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.65<br \/>\nBid-YTW : 5.06 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.A<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>3.36 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 12.30<br \/>\nEvaluated at bid price : 12.30<br \/>\nBid-YTW : 4.60 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>6.66 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 15.21<br \/>\nEvaluated at bid price : 15.21<br \/>\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>21.61 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 18.85<br \/>\nEvaluated at bid price : 18.85<br \/>\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.M<\/td>\n<td>FixedReset Disc<\/td>\n<td>56.09 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 18.70<br \/>\nEvaluated at bid price : 18.70<br \/>\nBid-YTW : 4.01 %<\/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>BNS.PR.G<\/td>\n<td>FixedReset Prem<\/td>\n<td>213,450<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-07-25<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.49<br \/>\nBid-YTW : 4.29 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.Z<\/td>\n<td>FixedReset Bank Non<\/td>\n<td>103,144<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2022-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.94<br \/>\nBid-YTW : 2.25 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.F<\/td>\n<td>FixedReset Disc<\/td>\n<td>78,986<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 23.35<br \/>\nEvaluated at bid price : 25.20<br \/>\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.M<\/td>\n<td>FixedReset Disc<\/td>\n<td>66,500<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 23.20<br \/>\nEvaluated at bid price : 24.80<br \/>\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>60,101<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 17.60<br \/>\nEvaluated at bid price : 17.60<br \/>\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.H<\/td>\n<td>FixedReset Prem<\/td>\n<td>58,871<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 23.91<br \/>\nEvaluated at bid price : 25.33<br \/>\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n<tr>\n<td colspan='4'>There were 77 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>SLF.PR.I<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>Quote: 18.24 &#8211; 19.46<br \/>\nSpot Rate  :  1.2200<br \/>\nAverage  :  0.7805<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 18.24<br \/>\nEvaluated at bid price : 18.24<br \/>\nBid-YTW : 4.32 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.Q<\/td>\n<td>FixedReset Bank Non<\/td>\n<td>Quote: 24.71 &#8211; 25.66<br \/>\nSpot Rate  :  0.9500<br \/>\nAverage  :  0.5487<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2022-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.71<br \/>\nBid-YTW : 2.72 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.N<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>Quote: 16.58 &#8211; 17.50<br \/>\nSpot Rate  :  0.9200<br \/>\nAverage  :  0.6288<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 16.58<br \/>\nEvaluated at bid price : 16.58<br \/>\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.R<\/td>\n<td>Perpetual-Premium<\/td>\n<td>Quote: 25.20 &#8211; 25.91<br \/>\nSpot Rate  :  0.7100<br \/>\nAverage  :  0.4330<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 24.92<br \/>\nEvaluated at bid price : 25.20<br \/>\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.D<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 13.63 &#8211; 14.44<br \/>\nSpot Rate  :  0.8100<br \/>\nAverage  :  0.5522<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 13.63<br \/>\nEvaluated at bid price : 13.63<br \/>\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.I<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 20.20 &#8211; 20.89<br \/>\nSpot Rate  :  0.6900<br \/>\nAverage  :  0.4391<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-09-30<br \/>\nMaturity Price  : 20.20<br \/>\nEvaluated at bid price : 20.20<br \/>\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Click for Big TXPR closed at 582.42, up 1.42% on the day. Volume today was 3.48-million, highest of the past thirty days and well ahead of second-place September 9. CPD closed at 11.58, up 1.14% &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-41421","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41421","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=41421"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41421\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}