{"id":41706,"date":"2020-12-07T19:17:25","date_gmt":"2020-12-08T00:17:25","guid":{"rendered":"http:\/\/prefblog.com\/?p=41706"},"modified":"2020-12-07T19:17:25","modified_gmt":"2020-12-08T00:17:25","slug":"december-7-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41706","title":{"rendered":"December 7, 2020"},"content":{"rendered":"

Quadravest has announced<\/a>:<\/p>\n

Financial 15 Split Corp. (“Financial 15”) is pleased to announce it has reinstated Class A share dividends at a monthly distribution rate of $0.1257 for each post-consolidation FTN Class A share ($1.5084 annually) and declares $0.05625 for each FTN.PR.A Preferred share ($0.675 annually). The current rate for the Class A shares of $1.5084 is a post-consolidation yield of 17% based on Friday\u2019s pre-consolidation closing price of $3.65. This is an increase in the dividend for the Class A shares from previous guidance. Distributions are payable January 8, 2021 to shareholders on record as at December 31, 2020.<\/p><\/blockquote>\n

Note that FTN will be trading on a pre-consolidation basis until ‘on or about December 17’<\/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>\n0.6329 %<\/td>\n1,905.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.6329 %<\/td>\n3,495.6<\/td>\n<\/tr>\n
Floater<\/td>\n4.49 %<\/td>\n4.55 %<\/td>\n59,475<\/td>\n16.23<\/td>\n2<\/td>\n0.6329 %<\/td>\n2,014.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2189 %<\/td>\n3,604.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.80 %<\/td>\n4.31 %<\/td>\n40,300<\/td>\n3.85<\/td>\n9<\/td>\n0.2189 %<\/td>\n4,304.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2189 %<\/td>\n3,358.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.32 %<\/td>\n1.42 %<\/td>\n76,948<\/td>\n0.22<\/td>\n19<\/td>\n0.0783 %<\/td>\n3,200.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.96 %<\/td>\n5.04 %<\/td>\n82,069<\/td>\n15.39<\/td>\n12<\/td>\n-0.3128 %<\/td>\n3,688.6<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.06 %<\/td>\n3.95 %<\/td>\n133,032<\/td>\n17.11<\/td>\n56<\/td>\n0.1208 %<\/td>\n2,300.5<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.01 %<\/td>\n4.62 %<\/td>\n91,125<\/td>\n4.94<\/td>\n22<\/td>\n-0.0346 %<\/td>\n3,585.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n1.96 %<\/td>\n2.06 %<\/td>\n45,750<\/td>\n1.14<\/td>\n3<\/td>\n0.0659 %<\/td>\n1,842.7<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.16 %<\/td>\n3.15 %<\/td>\n200,665<\/td>\n0.70<\/td>\n22<\/td>\n-0.0787 %<\/td>\n2,672.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.94 %<\/td>\n2.09 %<\/td>\n182,737<\/td>\n1.13<\/td>\n2<\/td>\n0.0803 %<\/td>\n2,870.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.11 %<\/td>\n3.96 %<\/td>\n80,856<\/td>\n17.13<\/td>\n22<\/td>\n0.3730 %<\/td>\n2,390.1<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-4.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 11.50
\nEvaluated at bid price : 11.50
\nBid-YTW : 4.08 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n-4.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 23.20
\nEvaluated at bid price : 23.50
\nBid-YTW : 4.72 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n-4.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 22.97
\nEvaluated at bid price : 23.40
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-2.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 17.26
\nEvaluated at bid price : 17.26
\nBid-YTW : 4.25 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 19.05
\nEvaluated at bid price : 19.05
\nBid-YTW : 3.81 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 17.65
\nEvaluated at bid price : 17.65
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 4.24 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 17.58
\nEvaluated at bid price : 17.58
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 4.17 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 12.00
\nEvaluated at bid price : 12.00
\nBid-YTW : 3.96 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 16.60
\nEvaluated at bid price : 16.60
\nBid-YTW : 4.86 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 23.04
\nEvaluated at bid price : 23.90
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 16.40
\nEvaluated at bid price : 16.40
\nBid-YTW : 5.25 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 24.61
\nEvaluated at bid price : 24.91
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n
IAF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 20.90
\nEvaluated at bid price : 20.90
\nBid-YTW : 4.08 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 20.57
\nEvaluated at bid price : 20.57
\nBid-YTW : 3.94 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 14.92
\nEvaluated at bid price : 14.92
\nBid-YTW : 5.16 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n1.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 22.92
\nEvaluated at bid price : 23.91
\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n1.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 11.80
\nEvaluated at bid price : 11.80
\nBid-YTW : 4.46 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Disc<\/td>\n1.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 21.98
\nEvaluated at bid price : 22.30
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n2.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 18.70
\nEvaluated at bid price : 18.70
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n3.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 11.00
\nEvaluated at bid price : 11.00
\nBid-YTW : 4.05 %<\/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
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n64,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 11.80
\nEvaluated at bid price : 11.80
\nBid-YTW : 4.46 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Disc<\/td>\n54,308<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 21.98
\nEvaluated at bid price : 22.30
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Disc<\/td>\n48,674<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 23.61
\nEvaluated at bid price : 23.95
\nBid-YTW : 3.76 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n47,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 17.35
\nEvaluated at bid price : 17.35
\nBid-YTW : 4.84 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n45,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 21.30
\nEvaluated at bid price : 21.30
\nBid-YTW : 3.80 %<\/td>\n<\/tr>\n
MFC.PR.H<\/td>\nFixedReset Ins Non<\/td>\n42,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 22.92
\nEvaluated at bid price : 23.40
\nBid-YTW : 3.88 %<\/td>\n<\/tr>\n
There were 27 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
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.40 – 24.70
\nSpot Rate : 1.3000
\nAverage : 0.7930<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 22.97
\nEvaluated at bid price : 23.40
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n

SLF.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 23.50 – 24.70
\nSpot Rate : 1.2000
\nAverage : 0.7625<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 23.20
\nEvaluated at bid price : 23.50
\nBid-YTW : 4.72 %<\/td>\n<\/tr>\n

GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 11.00 – 12.00
\nSpot Rate : 1.0000
\nAverage : 0.7193<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 11.00
\nEvaluated at bid price : 11.00
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n

CM.PR.Q<\/td>\nFixedReset Disc<\/td>\nQuote: 20.80 – 21.51
\nSpot Rate : 0.7100
\nAverage : 0.4741<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n

CU.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 17.26 – 18.00
\nSpot Rate : 0.7400
\nAverage : 0.5434<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 17.26
\nEvaluated at bid price : 17.26
\nBid-YTW : 4.25 %<\/td>\n<\/tr>\n

SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 11.50 – 12.18
\nSpot Rate : 0.6800
\nAverage : 0.5226<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-07
\nMaturity Price : 11.50
\nEvaluated at bid price : 11.50
\nBid-YTW : 4.08 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Quadravest has announced: Financial 15 Split Corp. (“Financial 15”) is pleased to announce it has reinstated Class A share dividends at a monthly distribution rate of $0.1257 for each post-consolidation FTN Class A share ($1.5084 …<\/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-41706","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41706","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=41706"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41706\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}