{"id":43126,"date":"2022-03-14T19:22:06","date_gmt":"2022-03-15T00:22:06","guid":{"rendered":"https:\/\/prefblog.com\/?p=43126"},"modified":"2022-03-14T19:22:06","modified_gmt":"2022-03-15T00:22:06","slug":"march-14-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=43126","title":{"rendered":"March 14, 2022"},"content":{"rendered":"<p>The five-year Canada bond yield <a href=\"https:\/\/www.investing.com\/rates-bonds\/canada-government-bonds?maturity_from=40&amp;maturity_to=130\">rocketted up to 1.95% today<\/a> and Rob Carrick <a href=\"https:\/\/www.theglobeandmail.com\/investing\/investment-ideas\/article-income-investors-theres-a-sale-on-in-the-preferred-share-aisle-plus\/\">pointed out that preferreds are on sale<\/a> &#8230; so of course the market went down. What a world!<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td colspan=\"8\"><strong>HIMIPref\u2122 Preferred Indices<br \/>\nThese values reflect the December 2008 revision of the HIMIPref\u2122 Indices<\/strong><br \/>\nValues are provisional and are finalized monthly<\/td>\n<\/tr>\n<tr>\n<td>Index<\/td>\n<td>Mean<br \/>\nCurrent<br \/>\nYield<br \/>\n(at bid)<\/td>\n<td>Median<br \/>\nYTW<\/td>\n<td>Median<br \/>\nAverage<br \/>\nTrading<br \/>\nValue<\/td>\n<td>Median<br \/>\nMod Dur<br \/>\n(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>3.29 %<\/td>\n<td>3.90 %<\/td>\n<td>33,127<\/td>\n<td>19.54<\/td>\n<td>1<\/td>\n<td>0.2660 %<\/td>\n<td>2,685.3<\/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>-1.0516 %<\/td>\n<td>5,128.3<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>3.42 %<\/td>\n<td>3.42 %<\/td>\n<td>62,231<\/td>\n<td>18.73<\/td>\n<td>3<\/td>\n<td>-1.0516 %<\/td>\n<td>2,955.5<\/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>-0.1091 %<\/td>\n<td>3,645.5<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.70 %<\/td>\n<td>4.25 %<\/td>\n<td>28,687<\/td>\n<td>3.41<\/td>\n<td>7<\/td>\n<td>-0.1091 %<\/td>\n<td>4,353.5<\/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>-0.1091 %<\/td>\n<td>3,396.8<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.34 %<\/td>\n<td>1.31 %<\/td>\n<td>51,417<\/td>\n<td>0.08<\/td>\n<td>16<\/td>\n<td>-0.4061 %<\/td>\n<td>3,191.1<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.02 %<\/td>\n<td>5.07 %<\/td>\n<td>63,006<\/td>\n<td>15.32<\/td>\n<td>16<\/td>\n<td>-0.8199 %<\/td>\n<td>3,681.9<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Disc<\/td>\n<td>4.23 %<\/td>\n<td>4.74 %<\/td>\n<td>117,734<\/td>\n<td>15.90<\/td>\n<td>46<\/td>\n<td>-0.0375 %<\/td>\n<td>2,682.2<\/td>\n<\/tr>\n<tr>\n<td>Insurance Straight<\/td>\n<td>5.07 %<\/td>\n<td>4.79 %<\/td>\n<td>91,234<\/td>\n<td>15.34<\/td>\n<td>18<\/td>\n<td>-0.8898 %<\/td>\n<td>3,535.3<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>3.24 %<\/td>\n<td>2.84 %<\/td>\n<td>58,891<\/td>\n<td>20.15<\/td>\n<td>2<\/td>\n<td>0.2924 %<\/td>\n<td>2,784.0<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Prem<\/td>\n<td>4.78 %<\/td>\n<td>4.30 %<\/td>\n<td>143,263<\/td>\n<td>2.23<\/td>\n<td>23<\/td>\n<td>-0.0531 %<\/td>\n<td>2,685.7<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Bank Non<\/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>-0.0375 %<\/td>\n<td>2,741.7<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Ins Non<\/td>\n<td>4.39 %<\/td>\n<td>4.82 %<\/td>\n<td>73,433<\/td>\n<td>15.80<\/td>\n<td>17<\/td>\n<td>-0.1171 %<\/td>\n<td>2,768.2<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"1\">\n<tbody>\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>BAM.PF.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>-3.90 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 19.41<br \/>\nEvaluated at bid price : 19.41<br \/>\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PF.A<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-2.93 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 22.91<br \/>\nEvaluated at bid price : 23.20<br \/>\nBid-YTW : 4.90 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.R<\/td>\n<td>Insurance Straight<\/td>\n<td>-2.49 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 23.20<br \/>\nEvaluated at bid price : 23.50<br \/>\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.I<\/td>\n<td>Insurance Straight<\/td>\n<td>-2.40 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 22.55<br \/>\nEvaluated at bid price : 22.80<br \/>\nBid-YTW : 4.93 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.Y<\/td>\n<td>Insurance Straight<\/td>\n<td>-1.89 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 22.99<br \/>\nEvaluated at bid price : 23.40<br \/>\nBid-YTW : 4.79 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.N<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.87 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 21.00<br \/>\nEvaluated at bid price : 21.00<br \/>\nBid-YTW : 4.95 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.S<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.84 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 23.67<br \/>\nEvaluated at bid price : 23.95<br \/>\nBid-YTW : 5.06 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.B<\/td>\n<td>Floater<\/td>\n<td>-1.66 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 13.71<br \/>\nEvaluated at bid price : 13.71<br \/>\nBid-YTW : 3.44 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.F<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.57 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 21.26<br \/>\nEvaluated at bid price : 21.54<br \/>\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.N<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.28 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 22.72<br \/>\nEvaluated at bid price : 23.01<br \/>\nBid-YTW : 5.16 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.D<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.28 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 24.44<br \/>\nEvaluated at bid price : 24.68<br \/>\nBid-YTW : 5.14 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.L<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.27 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 24.64<br \/>\nEvaluated at bid price : 24.90<br \/>\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.H<\/td>\n<td>Insurance Straight<\/td>\n<td>-1.20 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 23.59<br \/>\nEvaluated at bid price : 23.86<br \/>\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.10 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 22.13<br \/>\nEvaluated at bid price : 22.50<br \/>\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.C<\/td>\n<td>Insurance Straight<\/td>\n<td>-1.04 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 23.48<br \/>\nEvaluated at bid price : 23.75<br \/>\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n<tr>\n<td>IAF.PR.B<\/td>\n<td>Insurance Straight<\/td>\n<td>-1.00 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 23.42<br \/>\nEvaluated at bid price : 23.71<br \/>\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.K<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.03 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 19.55<br \/>\nEvaluated at bid price : 19.55<br \/>\nBid-YTW : 5.13 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.J<\/td>\n<td>FixedReset Prem<\/td>\n<td>1.05 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2022-12-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.19<br \/>\nBid-YTW : 3.49 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.R<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.06 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 19.10<br \/>\nEvaluated at bid price : 19.10<br \/>\nBid-YTW : 5.24 %<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.08 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 20.60<br \/>\nEvaluated at bid price : 20.60<br \/>\nBid-YTW : 5.00 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.M<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.09 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 22.51<br \/>\nEvaluated at bid price : 23.25<br \/>\nBid-YTW : 4.55 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.S<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.10 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 22.70<br \/>\nEvaluated at bid price : 23.00<br \/>\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.G<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.11 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 22.48<br \/>\nEvaluated at bid price : 22.75<br \/>\nBid-YTW : 4.97 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.I<\/td>\n<td>FixedReset Prem<\/td>\n<td>1.16 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2022-04-30<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.85<br \/>\nBid-YTW : -21.75 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.F<\/td>\n<td>FloatingReset<\/td>\n<td>1.19 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 17.00<br \/>\nEvaluated at bid price : 17.00<br \/>\nBid-YTW : 3.64 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.F<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.23 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 16.46<br \/>\nEvaluated at bid price : 16.46<br \/>\nBid-YTW : 4.75 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.G<\/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: 2052-03-14<br \/>\nMaturity Price  : 22.93<br \/>\nEvaluated at bid price : 23.40<br \/>\nBid-YTW : 4.80 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.35 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 23.03<br \/>\nEvaluated at bid price : 23.45<br \/>\nBid-YTW : 5.16 %<\/td>\n<\/tr>\n<tr>\n<td>BIP.PR.E<\/td>\n<td>FixedReset Prem<\/td>\n<td>1.39 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 24.48<br \/>\nEvaluated at bid price : 24.85<br \/>\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.40 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 14.50<br \/>\nEvaluated at bid price : 14.50<br \/>\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.Q<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.44 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 22.88<br \/>\nEvaluated at bid price : 23.90<br \/>\nBid-YTW : 4.60 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.P<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.90 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 16.05<br \/>\nEvaluated at bid price : 16.05<br \/>\nBid-YTW : 5.04 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.X<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.59 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 17.30<br \/>\nEvaluated at bid price : 17.30<br \/>\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n<tr>\n<td>BIP.PR.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.83 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 22.33<br \/>\nEvaluated at bid price : 22.88<br \/>\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"1\">\n<tbody>\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 \/>\nTraded<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.N<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>51,000<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 21.00<br \/>\nEvaluated at bid price : 21.00<br \/>\nBid-YTW : 4.95 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>32,360<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 22.13<br \/>\nEvaluated at bid price : 22.50<br \/>\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>22,290<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 22.22<br \/>\nEvaluated at bid price : 22.60<br \/>\nBid-YTW : 4.56 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.M<\/td>\n<td>FixedReset Prem<\/td>\n<td>19,476<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2024-07-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.80<br \/>\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.T<\/td>\n<td>FixedReset Prem<\/td>\n<td>17,900<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2024-04-30<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.95<br \/>\nBid-YTW : 3.67 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.K<\/td>\n<td>Floater<\/td>\n<td>16,799<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 13.90<br \/>\nEvaluated at bid price : 13.90<br \/>\nBid-YTW : 3.39 %<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\">There were 5 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"1\">\n<tbody>\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>TD.PF.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 22.50 &#8211; 23.70<br \/>\nSpot Rate  :  1.2000<br \/>\nAverage  :  0.6932<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 22.13<br \/>\nEvaluated at bid price : 22.50<br \/>\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 14.50 &#8211; 15.70<br \/>\nSpot Rate  :  1.2000<br \/>\nAverage  :  0.8250<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 14.50<br \/>\nEvaluated at bid price : 14.50<br \/>\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.F<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 21.54 &#8211; 22.90<br \/>\nSpot Rate  :  1.3600<br \/>\nAverage  :  0.9911<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 21.26<br \/>\nEvaluated at bid price : 21.54<br \/>\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.E<\/td>\n<td>FixedReset Prem<\/td>\n<td>Quote: 24.72 &#8211; 25.25<br \/>\nSpot Rate  :  0.5300<br \/>\nAverage  :  0.3382<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 23.56<br \/>\nEvaluated at bid price : 24.72<br \/>\nBid-YTW : 4.65 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 19.41 &#8211; 21.00<br \/>\nSpot Rate  :  1.5900<br \/>\nAverage  :  1.4009<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 19.41<br \/>\nEvaluated at bid price : 19.41<br \/>\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PF.A<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 23.20 &#8211; 24.00<br \/>\nSpot Rate  :  0.8000<br \/>\nAverage  :  0.6369<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-03-14<br \/>\nMaturity Price  : 22.91<br \/>\nEvaluated at bid price : 23.20<br \/>\nBid-YTW : 4.90 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>The five-year Canada bond yield rocketted up to 1.95% today and Rob Carrick pointed out that preferreds are on sale &#8230; so of course the market went down. What a world! HIMIPref\u2122 Preferred Indices These &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-43126","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43126","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=43126"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43126\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}