{"id":43300,"date":"2022-04-20T19:24:03","date_gmt":"2022-04-21T00:24:03","guid":{"rendered":"https:\/\/prefblog.com\/?p=43300"},"modified":"2022-04-20T19:24:03","modified_gmt":"2022-04-21T00:24:03","slug":"april-20-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=43300","title":{"rendered":"April 20, 2022"},"content":{"rendered":"<p>4\/20 today, but <a href=\"https:\/\/www.theglobeandmail.com\/business\/article-canadas-annual-inflation-rate-spikes-to-67-in-march-highest-since-1991\/\">inflation wasn&#8217;t mellow<\/a>!<\/p>\n<blockquote><p>Canada\u2019s inflation rate hit a new three-decade high in March and blew past expectations on Bay Street, an unwelcome sign for central bankers trying to douse the acceleration.<\/p>\n<p>The Consumer Price Index rose 6.7 per cent in March from a year earlier, a full percentage point higher than February\u2019s 5.7-per-cent pace, Statistics Canada said Wednesday. Financial analysts were expecting an annual inflation rate of 6.1 per cent. It marked the highest inflation since January of 1991, when the federal goods and services tax took effect.<br \/>\n<b>&#8230;<\/b><br \/>\nConsumers were hit by steeper prices on multiple fronts. Gasoline prices rose 11.8 per cent in a single month. Groceries rose 8.7 per cent on an annual basis, the largest increase since 2009. Pasta products jumped nearly 18 per cent, butter by 16 per cent and fresh milk by 7.7 per cent.<\/p>\n<p>Higher inflation has also spread to pandemic-hit sectors. The cost of restaurant food rose 5.4 per cent over the past year, up from 4.7 per cent in February. Traveller accommodation soared 24.4 per cent on a 12-month basis, while air transportation jumped 8.3 per cent in March alone.<\/p><\/blockquote>\n<p>PerpetualDiscounts now yield 5.66%, equivalent to 7.36% 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 4.63%, so the pre-tax interest-equivalent spread (in this context, the \u201cSeniority Spread\u201d) has narrowed to 275bp from the 290bp reported  <a href=\"https:\/\/prefblog.com\/?p=43280\">April 13<\/a>.<\/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>3.51 %<\/td>\n<td>4.15 %<\/td>\n<td>25,763<\/td>\n<td>19.04<\/td>\n<td>1<\/td>\n<td>0.0000 %<\/td>\n<td>2,635.4<\/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>-0.1778 %<\/td>\n<td>5,107.1<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>3.99 %<\/td>\n<td>4.09 %<\/td>\n<td>35,132<\/td>\n<td>17.25<\/td>\n<td>4<\/td>\n<td>-0.1778 %<\/td>\n<td>2,943.2<\/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>-0.0794 %<\/td>\n<td>3,621.0<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.64 %<\/td>\n<td>4.51 %<\/td>\n<td>42,544<\/td>\n<td>3.48<\/td>\n<td>6<\/td>\n<td>-0.0794 %<\/td>\n<td>4,324.3<\/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>-0.0794 %<\/td>\n<td>3,374.0<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.57 %<\/td>\n<td>5.57 %<\/td>\n<td>70,982<\/td>\n<td>14.38<\/td>\n<td>16<\/td>\n<td>-0.3165 %<\/td>\n<td>3,067.4<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.56 %<\/td>\n<td>5.66 %<\/td>\n<td>64,628<\/td>\n<td>14.42<\/td>\n<td>17<\/td>\n<td>-0.1487 %<\/td>\n<td>3,336.2<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Disc<\/td>\n<td>4.45 %<\/td>\n<td>5.68 %<\/td>\n<td>122,113<\/td>\n<td>14.68<\/td>\n<td>49<\/td>\n<td>-0.9158 %<\/td>\n<td>2,582.1<\/td>\n<\/tr>\n<tr>\n<td>Insurance Straight<\/td>\n<td>5.48 %<\/td>\n<td>5.47 %<\/td>\n<td>86,176<\/td>\n<td>14.57<\/td>\n<td>20<\/td>\n<td>-0.3603 %<\/td>\n<td>3,270.6<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>4.08 %<\/td>\n<td>3.71 %<\/td>\n<td>42,666<\/td>\n<td>18.06<\/td>\n<td>2<\/td>\n<td>-2.4498 %<\/td>\n<td>2,682.5<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Prem<\/td>\n<td>4.88 %<\/td>\n<td>4.40 %<\/td>\n<td>145,323<\/td>\n<td>2.15<\/td>\n<td>19<\/td>\n<td>-0.1109 %<\/td>\n<td>2,645.9<\/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>-0.9158 %<\/td>\n<td>2,639.5<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Ins Non<\/td>\n<td>4.52 %<\/td>\n<td>5.75 %<\/td>\n<td>81,288<\/td>\n<td>14.48<\/td>\n<td>15<\/td>\n<td>-1.6078 %<\/td>\n<td>2,654.9<\/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>TRP.PR.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>-42.66 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 10.00<br \/>\nEvaluated at bid price : 10.00<br \/>\nBid-YTW : 10.97 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.Q<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-21.31 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 17.50<br \/>\nEvaluated at bid price : 17.50<br \/>\nBid-YTW : 7.49 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.G<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-5.26 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 19.99<br \/>\nEvaluated at bid price : 19.99<br \/>\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.F<\/td>\n<td>FloatingReset<\/td>\n<td>-4.79 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 16.50<br \/>\nEvaluated at bid price : 16.50<br \/>\nBid-YTW : 4.51 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.T<\/td>\n<td>FixedReset Disc<\/td>\n<td>-2.45 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 19.12<br \/>\nEvaluated at bid price : 19.12<br \/>\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.K<\/td>\n<td>FixedReset Disc<\/td>\n<td>-2.37 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 19.35<br \/>\nEvaluated at bid price : 19.35<br \/>\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.P<\/td>\n<td>FixedReset Disc<\/td>\n<td>-2.34 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 20.85<br \/>\nEvaluated at bid price : 20.85<br \/>\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>-2.26 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 21.62<br \/>\nEvaluated at bid price : 21.62<br \/>\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.F<\/td>\n<td>Insurance Straight<\/td>\n<td>-2.01 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 24.12<br \/>\nEvaluated at bid price : 24.40<br \/>\nBid-YTW : 5.47 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.E<\/td>\n<td>Insurance Straight<\/td>\n<td>-1.84 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 23.72<br \/>\nEvaluated at bid price : 24.00<br \/>\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.F<\/td>\n<td>Perpetual-Premium<\/td>\n<td>-1.70 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 22.84<br \/>\nEvaluated at bid price : 23.12<br \/>\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.A<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.68 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 18.68<br \/>\nEvaluated at bid price : 18.68<br \/>\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.T<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.54 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 21.38<br \/>\nEvaluated at bid price : 21.70<br \/>\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.42 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 18.80<br \/>\nEvaluated at bid price : 18.80<br \/>\nBid-YTW : 6.43 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.37 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 22.53<br \/>\nEvaluated at bid price : 23.03<br \/>\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.32 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 21.94<br \/>\nEvaluated at bid price : 22.50<br \/>\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.P<\/td>\n<td>Insurance Straight<\/td>\n<td>-1.23 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 23.88<br \/>\nEvaluated at bid price : 24.13<br \/>\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.E<\/td>\n<td>Perpetual-Premium<\/td>\n<td>-1.18 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 24.02<br \/>\nEvaluated at bid price : 24.27<br \/>\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.I<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.16 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 23.45<br \/>\nEvaluated at bid price : 23.82<br \/>\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.14 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 15.60<br \/>\nEvaluated at bid price : 15.60<br \/>\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.O<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.03 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 21.18<br \/>\nEvaluated at bid price : 21.18<br \/>\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.T<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.09 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 21.28<br \/>\nEvaluated at bid price : 21.28<br \/>\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.H<\/td>\n<td>Insurance Straight<\/td>\n<td>1.12 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 21.49<br \/>\nEvaluated at bid price : 21.75<br \/>\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.12 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 19.92<br \/>\nEvaluated at bid price : 19.92<br \/>\nBid-YTW : 6.22 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.R<\/td>\n<td>Perpetual-Premium<\/td>\n<td>1.24 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 24.21<br \/>\nEvaluated at bid price : 24.50<br \/>\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.D<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.44 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 22.27<br \/>\nEvaluated at bid price : 22.54<br \/>\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.Z<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.44 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 23.26<br \/>\nEvaluated at bid price : 23.93<br \/>\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.N<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.64 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 20.45<br \/>\nEvaluated at bid price : 20.45<br \/>\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.K<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.67 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 21.50<br \/>\nEvaluated at bid price : 21.86<br \/>\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.L<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.82 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 22.12<br \/>\nEvaluated at bid price : 22.40<br \/>\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.S<\/td>\n<td>Perpetual-Discount<\/td>\n<td>2.14 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 21.45<br \/>\nEvaluated at bid price : 21.45<br \/>\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.X<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.46 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 18.30<br \/>\nEvaluated at bid price : 18.30<br \/>\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.Q<\/td>\n<td>FixedReset Disc<\/td>\n<td>3.26 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 21.88<br \/>\nEvaluated at bid price : 22.20<br \/>\nBid-YTW : 5.60 %<\/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>BMO.PR.S<\/td>\n<td>FixedReset Disc<\/td>\n<td>512,400<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 21.59<br \/>\nEvaluated at bid price : 21.99<br \/>\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.K<\/td>\n<td>FixedReset Prem<\/td>\n<td>363,900<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2022-05-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.23<br \/>\nBid-YTW : 3.07 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.W<\/td>\n<td>FixedReset Disc<\/td>\n<td>353,400<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 21.30<br \/>\nEvaluated at bid price : 21.30<br \/>\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>222,892<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 21.17<br \/>\nEvaluated at bid price : 21.17<br \/>\nBid-YTW : 5.60 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.C<\/td>\n<td>FixedReset Prem<\/td>\n<td>26,958<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2022-11-15<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.05<br \/>\nBid-YTW : 3.56 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.J<\/td>\n<td>Perpetual-Discount<\/td>\n<td>23,400<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 21.52<br \/>\nEvaluated at bid price : 21.52<br \/>\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\">There were 18 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>TRP.PR.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 10.00 &#8211; 17.54<br \/>\nSpot Rate  :  7.5400<br \/>\nAverage  :  4.0803<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 10.00<br \/>\nEvaluated at bid price : 10.00<br \/>\nBid-YTW : 10.97 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.Q<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>Quote: 17.50 &#8211; 23.59<br \/>\nSpot Rate  :  6.0900<br \/>\nAverage  :  3.4739<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 17.50<br \/>\nEvaluated at bid price : 17.50<br \/>\nBid-YTW : 7.49 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.R<\/td>\n<td>Insurance Straight<\/td>\n<td>Quote: 21.63 &#8211; 25.50<br \/>\nSpot Rate  :  3.8700<br \/>\nAverage  :  2.2362<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 21.36<br \/>\nEvaluated at bid price : 21.63<br \/>\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 21.62 &#8211; 22.55<br \/>\nSpot Rate  :  0.9300<br \/>\nAverage  :  0.5559<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 21.62<br \/>\nEvaluated at bid price : 21.62<br \/>\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.G<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 19.99 &#8211; 20.99<br \/>\nSpot Rate  :  1.0000<br \/>\nAverage  :  0.6511<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 19.99<br \/>\nEvaluated at bid price : 19.99<br \/>\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.K<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 23.40 &#8211; 24.40<br \/>\nSpot Rate  :  1.0000<br \/>\nAverage  :  0.6540<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-04-20<br \/>\nMaturity Price  : 22.98<br \/>\nEvaluated at bid price : 23.40<br \/>\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>4\/20 today, but inflation wasn&#8217;t mellow! Canada\u2019s inflation rate hit a new three-decade high in March and blew past expectations on Bay Street, an unwelcome sign for central bankers trying to douse the acceleration. The &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-43300","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43300","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=43300"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43300\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}