{"id":43039,"date":"2022-02-24T19:57:31","date_gmt":"2022-02-25T00:57:31","guid":{"rendered":"https:\/\/prefblog.com\/?p=43039"},"modified":"2022-02-24T19:57:31","modified_gmt":"2022-02-25T00:57:31","slug":"february-24-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=43039","title":{"rendered":"February 24, 2022"},"content":{"rendered":"

Well, 77 years of peace in Europe has come to an end<\/a>, complete with a speech about historical indignities and strong overtones of nationalism-by-language<\/a>. I’m only surprised that Putin hasn’t declared he has no further territorial ambitions in Europe.<\/p>\n

Market implications are as murky as might be expected, but Mark Rendell provides a quick survey in the Globe<\/a>:<\/p>\n

Russia\u2019s invasion of Ukraine is pushing up global energy and food prices, adding to inflationary pressures and putting central banks around the world in a delicate position as they embark on a much-anticipated rate hike cycle.
\n…<\/b>
\nIn a volatile day of trading, the price of West Texas Intermediate crude oil shot past US$100 a barrel on Thursday for the first time since 2014, before ending the trading day around US$93. The price of natural gas in Europe rose sharply on fears that supply could be choked off, with the benchmark Dutch futures contract up more than 40 per cent. Russia supplies nearly 40 per cent of Europe\u2019s natural gas, and several critical pipelines run through Ukraine.<\/p>\n

Meanwhile, the price of wheat futures contracts in the United States was up around 5.5 per cent by Thursday afternoon.
\n…<\/b>
\nThe U.S. Federal Reserve, the world\u2019s most important central bank, is still expected to start raising interest rates at its upcoming policy meeting on March 15. At the same time, markets are no longer pricing in a high likelihood that the Fed will start its rate hike cycle with a 0.5-percentage-point increase instead of the usual 0.25-percentage-point increase.<\/p><\/blockquote>\n

There wasn’t much of a flight to quality on the day, with GOC-5 remaining constant at 1.75%<\/a>.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
HIMIPref\u2122 Preferred Indices
\nThese values reflect the December 2008 revision of the HIMIPref\u2122 Indices<\/strong>
\nValues are provisional and are finalized monthly<\/td>\n<\/tr>\n
Index<\/td>\nMean
\nCurrent
\nYield
\n(at bid)<\/td>\n		Median
\nYTW<\/td>\n		Median
\nAverage
\nTrading
\nValue<\/td>\n		Median
\nMod Dur
\n(YTW)<\/td>\n		Issues<\/td>\nDay’s Perf.<\/td>\nIndex Value<\/td>\n<\/tr>\n
Ratchet<\/td>\n3.19 %<\/td>\n3.77 %<\/td>\n37,610<\/td>\n19.73<\/td>\n1<\/td>\n-5.1852 %<\/td>\n2,735.1<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.9447 %<\/td>\n5,455.4<\/td>\n<\/tr>\n
Floater<\/td>\n2.92 %<\/td>\n2.93 %<\/td>\n62,726<\/td>\n19.85<\/td>\n3<\/td>\n-0.9447 %<\/td>\n3,144.0<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1446 %<\/td>\n3,643.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.65 %<\/td>\n4.20 %<\/td>\n32,088<\/td>\n3.64<\/td>\n6<\/td>\n0.1446 %<\/td>\n4,350.7<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1446 %<\/td>\n3,394.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.29 %<\/td>\n3.09 %<\/td>\n59,562<\/td>\n0.51<\/td>\n21<\/td>\n-0.4497 %<\/td>\n3,188.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.95 %<\/td>\n5.01 %<\/td>\n60,322<\/td>\n15.44<\/td>\n11<\/td>\n-0.6790 %<\/td>\n3,722.4<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.14 %<\/td>\n4.50 %<\/td>\n113,507<\/td>\n16.38<\/td>\n44<\/td>\n-1.5121 %<\/td>\n2,714.1<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.05 %<\/td>\n4.93 %<\/td>\n89,794<\/td>\n15.40<\/td>\n18<\/td>\n-0.6341 %<\/td>\n3,552.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.79 %<\/td>\n2.44 %<\/td>\n68,791<\/td>\n21.17<\/td>\n2<\/td>\n-1.0732 %<\/td>\n2,917.9<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.80 %<\/td>\n4.22 %<\/td>\n112,356<\/td>\n2.27<\/td>\n26<\/td>\n-0.2513 %<\/td>\n2,692.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.5121 %<\/td>\n2,774.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.22 %<\/td>\n4.39 %<\/td>\n78,927<\/td>\n16.57<\/td>\n17<\/td>\n-0.9473 %<\/td>\n2,881.1<\/td>\n<\/tr>\n<\/tbody>\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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n-47.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 12.29
\nEvaluated at bid price : 12.29
\nBid-YTW : 8.85 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n-8.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 4.75 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n-5.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.54
\nEvaluated at bid price : 23.10
\nBid-YTW : 5.16 %<\/td>\n<\/tr>\n
BAM.PR.E<\/td>\nRatchet<\/td>\n-5.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.20
\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n-4.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 21.60
\nEvaluated at bid price : 22.01
\nBid-YTW : 4.54 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n-4.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 20.32
\nEvaluated at bid price : 20.32
\nBid-YTW : 5.09 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n-3.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 20.79
\nEvaluated at bid price : 20.79
\nBid-YTW : 4.50 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Premium<\/td>\n-3.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 23.69
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-3.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 14.50
\nEvaluated at bid price : 14.50
\nBid-YTW : 2.98 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-2.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 20.45
\nEvaluated at bid price : 20.45
\nBid-YTW : 4.31 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n-2.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 15.08
\nEvaluated at bid price : 15.08
\nBid-YTW : 5.03 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n-2.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 20.08
\nEvaluated at bid price : 20.08
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Disc<\/td>\n-2.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.57
\nEvaluated at bid price : 23.51
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n-2.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.27
\nEvaluated at bid price : 22.60
\nBid-YTW : 4.50 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-2.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.87
\nEvaluated at bid price : 23.22
\nBid-YTW : 4.48 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n-2.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.12
\nEvaluated at bid price : 22.51
\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n-2.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 24.00
\nEvaluated at bid price : 24.25
\nBid-YTW : 5.14 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n-2.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 20.38
\nEvaluated at bid price : 20.38
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n
POW.PR.B<\/td>\nPerpetual-Premium<\/td>\n-1.86 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 24.55
\nEvaluated at bid price : 24.80
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-1.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.29
\nEvaluated at bid price : 22.73
\nBid-YTW : 4.46 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 21.84
\nEvaluated at bid price : 22.30
\nBid-YTW : 4.65 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n-1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.49
\nEvaluated at bid price : 23.01
\nBid-YTW : 4.97 %<\/td>\n<\/tr>\n
BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\n-1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 23.15
\nEvaluated at bid price : 23.41
\nBid-YTW : 5.14 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset Disc<\/td>\n-1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 21.27
\nEvaluated at bid price : 21.55
\nBid-YTW : 4.56 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.94
\nEvaluated at bid price : 23.24
\nBid-YTW : 4.47 %<\/td>\n<\/tr>\n
IAF.PR.B<\/td>\nInsurance Straight<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 23.53
\nEvaluated at bid price : 23.80
\nBid-YTW : 4.89 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.58
\nEvaluated at bid price : 23.31
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n-1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 17.90
\nEvaluated at bid price : 17.90
\nBid-YTW : 3.18 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n-1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 24.59
\nEvaluated at bid price : 25.10
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Premium<\/td>\n-1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 24.19
\nEvaluated at bid price : 24.45
\nBid-YTW : 5.17 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n-1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.12
\nEvaluated at bid price : 22.50
\nBid-YTW : 4.44 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 24.49
\nEvaluated at bid price : 24.80
\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n
BAM.PF.C<\/td>\nPerpetual-Discount<\/td>\n-1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 23.42
\nEvaluated at bid price : 23.71
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n-1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 20.03
\nEvaluated at bid price : 20.03
\nBid-YTW : 4.89 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.15
\nEvaluated at bid price : 22.48
\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.11
\nEvaluated at bid price : 22.50
\nBid-YTW : 4.42 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 23.15
\nEvaluated at bid price : 23.45
\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n
BMO.PR.D<\/td>\nFixedReset Prem<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 24.11
\nEvaluated at bid price : 24.73
\nBid-YTW : 4.97 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n-1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 23.14
\nEvaluated at bid price : 23.40
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.45
\nEvaluated at bid price : 22.91
\nBid-YTW : 4.32 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 18.30
\nEvaluated at bid price : 18.30
\nBid-YTW : 5.06 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 24.55
\nEvaluated at bid price : 24.80
\nBid-YTW : 5.26 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 23.82
\nEvaluated at bid price : 24.11
\nBid-YTW : 5.01 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.00
\nEvaluated at bid price : 22.31
\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.29
\nEvaluated at bid price : 22.75
\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n
ELF.PR.G<\/td>\nPerpetual-Discount<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 23.62
\nEvaluated at bid price : 23.89
\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 23.71
\nEvaluated at bid price : 24.25
\nBid-YTW : 4.37 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 23.92
\nEvaluated at bid price : 24.35
\nBid-YTW : 4.48 %<\/td>\n<\/tr>\n
BIP.PR.B<\/td>\nFixedReset Prem<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.25
\nBid-YTW : 4.34 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.99
\nEvaluated at bid price : 24.10
\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.96
\nEvaluated at bid price : 23.38
\nBid-YTW : 4.27 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 14.75
\nEvaluated at bid price : 14.75
\nBid-YTW : 2.93 %<\/td>\n<\/tr>\n
BAM.PF.D<\/td>\nPerpetual-Premium<\/td>\n3.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 23.79
\nEvaluated at bid price : 24.05
\nBid-YTW : 5.16 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n3.95 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.21
\nBid-YTW : 4.26 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n6.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 16.35
\nEvaluated at bid price : 16.35
\nBid-YTW : 4.74 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n70.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.73
\nEvaluated at bid price : 23.68
\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n
Volume Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nShares
\nTraded<\/td>\n		Notes<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Prem<\/td>\n152,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 24.45
\nEvaluated at bid price : 24.80
\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n107,991<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 15.08
\nEvaluated at bid price : 15.08
\nBid-YTW : 5.03 %<\/td>\n<\/tr>\n
BMO.PR.C<\/td>\nFixedReset Prem<\/td>\n64,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.98
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n
BMO.PR.D<\/td>\nFixedReset Prem<\/td>\n56,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 24.11
\nEvaluated at bid price : 24.73
\nBid-YTW : 4.97 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n34,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.99
\nEvaluated at bid price : 24.10
\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Prem<\/td>\n31,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 24.58
\nEvaluated at bid price : 25.00
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n
There were 16 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\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
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\nQuote: 12.29 – 23.70
\nSpot Rate : 11.4100
\nAverage : 6.3783<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 12.29
\nEvaluated at bid price : 12.29
\nBid-YTW : 8.85 %<\/td>\n<\/tr>\n

TD.PF.A<\/td>\nFixedReset Disc<\/td>\nQuote: 21.00 – 22.90
\nSpot Rate : 1.9000
\nAverage : 1.0605<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 4.75 %<\/td>\n<\/tr>\n

BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\nQuote: 23.10 – 24.71
\nSpot Rate : 1.6100
\nAverage : 0.9533<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 22.54
\nEvaluated at bid price : 23.10
\nBid-YTW : 5.16 %<\/td>\n<\/tr>\n

TRP.PR.A<\/td>\nFixedReset Disc<\/td>\nQuote: 18.30 – 19.45
\nSpot Rate : 1.1500
\nAverage : 0.6716<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 18.30
\nEvaluated at bid price : 18.30
\nBid-YTW : 5.06 %<\/td>\n<\/tr>\n

BAM.PR.E<\/td>\nRatchet<\/td>\nQuote: 19.20 – 20.42
\nSpot Rate : 1.2200
\nAverage : 0.7447<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.20
\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n

CU.PR.E<\/td>\nPerpetual-Premium<\/td>\nQuote: 24.00 – 25.00
\nSpot Rate : 1.0000
\nAverage : 0.5747<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-24
\nMaturity Price : 23.69
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Well, 77 years of peace in Europe has come to an end, complete with a speech about historical indignities and strong overtones of nationalism-by-language. I’m only surprised that Putin hasn’t declared he has no further …<\/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-43039","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43039","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=43039"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43039\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}