{"id":43414,"date":"2022-05-12T21:18:40","date_gmt":"2022-05-13T02:18:40","guid":{"rendered":"https:\/\/prefblog.com\/?p=43414"},"modified":"2022-05-12T21:18:40","modified_gmt":"2022-05-13T02:18:40","slug":"may-12-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=43414","title":{"rendered":"May 12, 2022"},"content":{"rendered":"<div align=\"center\"><a href=\"https:\/\/prefblog.com\/wp-content\/uploads\/2022\/05\/explosion_220512.jpeg\"><img decoding=\"async\" src=\"https:\/\/prefblog.com\/wp-content\/uploads\/2022\/05\/explosion_220512.jpeg\" width=\"400\"><\/a><\/div>\n<p>TXPR <a href=\"https:\/\/web.tmxmoney.com\/quote.php?qm_symbol=txpr\">closed at 617.40<\/a>, down 0.67% on the day. Volume today was 1.28-million, third-lowest of the past 21 trading days.<\/p>\n<p>CPD <a href=\"https:\/\/web.tmxmoney.com\/quote.php?qm_symbol=cpd\">closed at 12.29<\/a>, up 0.08% on the day. Volume was 87,210, lowest of the past 21 trading days.<\/p>\n<p>ZPR <a href=\"https:\/\/web.tmxmoney.com\/quote.php?qm_symbol=zpr\">closed at 10.245<\/a> down 0.53% on the day. Volume of 440,140 was third-highest of the past 21 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\">down a bit to 2.75%<\/a> today.<\/p>\n<p>Brookfield Asset Management <a href=\"https:\/\/bam.brookfield.com\/press-releases\/brookfield-reports-outstanding-first-quarter-2022-cash-generating-inflation\">has announced<\/a>:<\/p>\n<blockquote><p>In our year-end letter, we mentioned that we were considering publicly listing a partial interest in our asset management organization. We have been very encouraged by the feedback we received from shareholders and concluded that publicly listing a 25% interest in our asset management business will be overwhelmingly positive. We expect that these shares can be distributed to shareholders before year end. The distribution will be tax-free for Canadian and U.S. shareholders and we are working through the taxation in other jurisdictions.<\/p><\/blockquote>\n<p>This move will be credit-negative for BAM issues to some extent, since there will be structural subordination of the preferreds, which I assume will stay at the holding company level. I have not yet seen any credit agency commentary regarding this announcement.<\/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>3.89 %<\/td>\n<td>4.57 %<\/td>\n<td>21,768<\/td>\n<td>18.28<\/td>\n<td>1<\/td>\n<td>-0.5042 %<\/td>\n<td>2,530.0<\/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>-0.6614 %<\/td>\n<td>4,795.6<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>4.30 %<\/td>\n<td>4.35 %<\/td>\n<td>47,410<\/td>\n<td>16.68<\/td>\n<td>3<\/td>\n<td>-0.6614 %<\/td>\n<td>2,763.7<\/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>-0.4023 %<\/td>\n<td>3,497.0<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.86 %<\/td>\n<td>5.61 %<\/td>\n<td>40,182<\/td>\n<td>3.28<\/td>\n<td>8<\/td>\n<td>-0.4023 %<\/td>\n<td>4,176.2<\/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>-0.4023 %<\/td>\n<td>3,258.4<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.94 %<\/td>\n<td>5.98 %<\/td>\n<td>62,402<\/td>\n<td>13.91<\/td>\n<td>1<\/td>\n<td>0.0000 %<\/td>\n<td>2,940.5<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.84 %<\/td>\n<td>5.93 %<\/td>\n<td>67,304<\/td>\n<td>13.98<\/td>\n<td>35<\/td>\n<td>-0.2036 %<\/td>\n<td>3,180.2<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Disc<\/td>\n<td>4.68 %<\/td>\n<td>6.05 %<\/td>\n<td>138,606<\/td>\n<td>13.99<\/td>\n<td>59<\/td>\n<td>-0.7616 %<\/td>\n<td>2,480.0<\/td>\n<\/tr>\n<tr>\n<td>Insurance Straight<\/td>\n<td>5.75 %<\/td>\n<td>5.86 %<\/td>\n<td>96,411<\/td>\n<td>14.02<\/td>\n<td>20<\/td>\n<td>-0.1603 %<\/td>\n<td>3,117.2<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>4.77 %<\/td>\n<td>5.12 %<\/td>\n<td>62,129<\/td>\n<td>15.25<\/td>\n<td>2<\/td>\n<td>2.2258 %<\/td>\n<td>2,609.5<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Prem<\/td>\n<td>5.14 %<\/td>\n<td>5.54 %<\/td>\n<td>134,953<\/td>\n<td>2.08<\/td>\n<td>9<\/td>\n<td>-0.1211 %<\/td>\n<td>2,567.4<\/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>-0.7616 %<\/td>\n<td>2,535.1<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Ins Non<\/td>\n<td>4.59 %<\/td>\n<td>6.15 %<\/td>\n<td>80,197<\/td>\n<td>13.88<\/td>\n<td>15<\/td>\n<td>-0.6084 %<\/td>\n<td>2,613.5<\/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.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>-38.58 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 12.29<br \/>\nEvaluated at bid price : 12.29<br \/>\nBid-YTW : 10.34 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.L<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-6.09 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 18.50<br \/>\nEvaluated at bid price : 18.50<br \/>\nBid-YTW : 6.67 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.T<\/td>\n<td>FixedReset Disc<\/td>\n<td>-3.26 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 20.46<br \/>\nEvaluated at bid price : 20.46<br \/>\nBid-YTW : 6.30 %<\/td>\n<\/tr>\n<tr>\n<td>PVS.PR.F<\/td>\n<td>SplitShare<\/td>\n<td>-2.79 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2024-09-30<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.40<br \/>\nBid-YTW : 6.32 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.X<\/td>\n<td>FixedReset Disc<\/td>\n<td>-2.50 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 17.16<br \/>\nEvaluated at bid price : 17.16<br \/>\nBid-YTW : 6.90 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.P<\/td>\n<td>Insurance Straight<\/td>\n<td>-2.36 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 22.49<br \/>\nEvaluated at bid price : 22.75<br \/>\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.B<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.96 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 20.00<br \/>\nEvaluated at bid price : 20.00<br \/>\nBid-YTW : 6.81 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.95 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 21.68<br \/>\nEvaluated at bid price : 22.11<br \/>\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.92 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 20.95<br \/>\nEvaluated at bid price : 20.95<br \/>\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n<tr>\n<td>BIP.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.91 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 22.50<br \/>\nEvaluated at bid price : 23.05<br \/>\nBid-YTW : 6.38 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.I<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.73 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 22.94<br \/>\nEvaluated at bid price : 23.80<br \/>\nBid-YTW : 6.04 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.R<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.71 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 17.20<br \/>\nEvaluated at bid price : 17.20<br \/>\nBid-YTW : 6.85 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.K<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.65 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 22.37<br \/>\nEvaluated at bid price : 22.67<br \/>\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n<tr>\n<td>CCS.PR.C<\/td>\n<td>Insurance Straight<\/td>\n<td>-1.52 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 22.39<br \/>\nEvaluated at bid price : 22.65<br \/>\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.F<\/td>\n<td>FixedReset Prem<\/td>\n<td>-1.35 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2024-05-25<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.81<br \/>\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.G<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.27 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 19.40<br \/>\nEvaluated at bid price : 19.40<br \/>\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.I<\/td>\n<td>FixedReset Prem<\/td>\n<td>-1.19 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2025-12-01<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.01<br \/>\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.Y<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.18 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 21.00<br \/>\nEvaluated at bid price : 21.00<br \/>\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.K<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.11 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 21.30<br \/>\nEvaluated at bid price : 21.30<br \/>\nBid-YTW : 6.00 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.B<\/td>\n<td>Insurance Straight<\/td>\n<td>-1.02 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 20.30<br \/>\nEvaluated at bid price : 20.30<br \/>\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n<tr>\n<td>BIP.PR.B<\/td>\n<td>FixedReset Prem<\/td>\n<td>1.01 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2025-12-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.00<br \/>\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.G<\/td>\n<td>Insurance Straight<\/td>\n<td>1.04 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 22.01<br \/>\nEvaluated at bid price : 22.25<br \/>\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.F<\/td>\n<td>FloatingReset<\/td>\n<td>1.05 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 16.40<br \/>\nEvaluated at bid price : 16.40<br \/>\nBid-YTW : 5.12 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.B<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.12 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 22.39<br \/>\nEvaluated at bid price : 22.65<br \/>\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.E<\/td>\n<td>Insurance Straight<\/td>\n<td>1.36 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 22.02<br \/>\nEvaluated at bid price : 22.30<br \/>\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.Y<\/td>\n<td>FixedReset Prem<\/td>\n<td>1.61 %<\/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 : 25.30<br \/>\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n<tr>\n<td>RS.PR.A<\/td>\n<td>SplitShare<\/td>\n<td>1.82 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-12-31<br \/>\nMaturity Price  : 10.00<br \/>\nEvaluated at bid price : 10.06<br \/>\nBid-YTW : 5.22 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.S<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.95 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 23.18<br \/>\nEvaluated at bid price : 23.55<br \/>\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.D<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.73 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 21.47<br \/>\nEvaluated at bid price : 21.47<br \/>\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.J<\/td>\n<td>FloatingReset<\/td>\n<td>3.48 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 15.75<br \/>\nEvaluated at bid price : 15.75<br \/>\nBid-YTW : 4.51 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.F<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>4.45 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 15.27<br \/>\nEvaluated at bid price : 15.27<br \/>\nBid-YTW : 6.28 %<\/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>RS.PR.A<\/td>\n<td>SplitShare<\/td>\n<td>59,900<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-12-31<br \/>\nMaturity Price  : 10.00<br \/>\nEvaluated at bid price : 10.06<br \/>\nBid-YTW : 5.22 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.D<\/td>\n<td>FixedReset Disc<\/td>\n<td>57,968<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2022-08-25<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.85<br \/>\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.B<\/td>\n<td>FixedReset Disc<\/td>\n<td>34,169<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 20.68<br \/>\nEvaluated at bid price : 20.68<br \/>\nBid-YTW : 6.00 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.I<\/td>\n<td>FixedReset Disc<\/td>\n<td>32,268<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 23.09<br \/>\nEvaluated at bid price : 23.48<br \/>\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.T<\/td>\n<td>FixedReset Prem<\/td>\n<td>27,979<\/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 : 24.97<br \/>\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>26,968<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 21.68<br \/>\nEvaluated at bid price : 22.11<br \/>\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\">There were 14 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.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 12.29 &#8211; 21.90<br \/>\nSpot Rate  :  9.6100<br \/>\nAverage  :  5.6900<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 12.29<br \/>\nEvaluated at bid price : 12.29<br \/>\nBid-YTW : 10.34 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>Quote: 22.11 &#8211; 24.05<br \/>\nSpot Rate  :  1.9400<br \/>\nAverage  :  1.1281<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 21.68<br \/>\nEvaluated at bid price : 22.11<br \/>\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.Z<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 22.45 &#8211; 24.99<br \/>\nSpot Rate  :  2.5400<br \/>\nAverage  :  1.7533<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 21.92<br \/>\nEvaluated at bid price : 22.45<br \/>\nBid-YTW : 6.51 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.Q<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>Quote: 23.10 &#8211; 24.70<br \/>\nSpot Rate  :  1.6000<br \/>\nAverage  :  0.9222<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 22.60<br \/>\nEvaluated at bid price : 23.10<br \/>\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.L<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>Quote: 18.50 &#8211; 20.00<br \/>\nSpot Rate  :  1.5000<br \/>\nAverage  :  0.9603<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 18.50<br \/>\nEvaluated at bid price : 18.50<br \/>\nBid-YTW : 6.67 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.O<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 20.50 &#8211; 22.00<br \/>\nSpot Rate  :  1.5000<br \/>\nAverage  :  0.9620<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-05-12<br \/>\nMaturity Price  : 20.50<br \/>\nEvaluated at bid price : 20.50<br \/>\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>TXPR closed at 617.40, down 0.67% on the day. Volume today was 1.28-million, third-lowest of the past 21 trading days. CPD closed at 12.29, up 0.08% on the day. Volume was 87,210, lowest of 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-43414","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43414","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=43414"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43414\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}