{"id":43797,"date":"2022-07-12T21:03:03","date_gmt":"2022-07-13T02:03:03","guid":{"rendered":"https:\/\/prefblog.com\/?p=43797"},"modified":"2022-07-12T21:03:03","modified_gmt":"2022-07-13T02:03:03","slug":"july-12-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=43797","title":{"rendered":"July 12, 2022"},"content":{"rendered":"

The CMHC is predicting a decline in house prices<\/a>:<\/p>\n

Canada Mortgage and Housing Corp., which was criticized in 2020 for sticking to a pessimistic outlook for housing prices early in the pandemic, is revising its forecast because the Bank of Canada will likely continue to hike its benchmark interest rate aggressively to slow runaway inflation, which makes it harder for residents to afford a mortgage.<\/p>\n

The federal agency revised down the percentage gain it expects from 2021 to 2022, with the average price now forecast to climb 11 per cent instead of 13.7 per cent. The forecast is for the full year and it includes the first quarter when home prices peaked.<\/p>\n

The agency also expects the average home price in Canada to decline as much as 5 per cent from the first quarter of this year to the second quarter of next, hitting a low of $742,970, according to a blog on CMHC\u2019s website.<\/p>\n

Although home prices have plummeted since the central bank started raising interest rates in March, CMHC chief economist Bob Dugan said he was \u201cleery\u201d of forecasting a steeper price decline when the housing shortage is so severe.<\/p>\n

\u201cI have trouble believing in a very big price correction,\u201d Mr. Dugan said. \u201cI don\u2019t want to say that it can\u2019t happen. It is possible for a 10-per-cent price correction like some people are saying. But I\u2019m just leery of that because of the supply shortage,\u201d he said.<\/p><\/blockquote>\n

It was a wild day for the TXPR as all the cowboys placed their bets on what the BoC is going to do tomorrow and how the market will react:<\/p>\n

<\/a><\/div>\n

This chart does not do justice to the strength of the rally that began at about 3pm, since values after 4pm are cut off – the Exchange doesn’t seem to have a coherent policy about when their reporting should end! TXPR is shown as ending the day – after the Extended Trading Session – at 607.97, as opposed to its 4pm value of 605.39 (and its close yesterday at 610.21). The low for the day was 603.17, which I understand from other sources is a new 52-week low.<\/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>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.5383 %<\/td>\n2,484.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.5383 %<\/td>\n4,764.9<\/td>\n<\/tr>\n
Floater<\/td>\n5.01 %<\/td>\n5.02 %<\/td>\n40,516<\/td>\n15.48<\/td>\n3<\/td>\n-0.5383 %<\/td>\n2,746.0<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2066 %<\/td>\n3,498.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.86 %<\/td>\n5.18 %<\/td>\n44,271<\/td>\n3.16<\/td>\n8<\/td>\n-0.2066 %<\/td>\n4,177.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2066 %<\/td>\n3,259.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2337 %<\/td>\n2,843.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.99 %<\/td>\n6.06 %<\/td>\n67,206<\/td>\n13.82<\/td>\n34<\/td>\n-0.2337 %<\/td>\n3,101.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.80 %<\/td>\n6.49 %<\/td>\n119,444<\/td>\n13.50<\/td>\n56<\/td>\n-1.1338 %<\/td>\n2,452.8<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.98 %<\/td>\n6.07 %<\/td>\n85,427<\/td>\n13.82<\/td>\n18<\/td>\n-0.0188 %<\/td>\n3,010.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n6.21 %<\/td>\n6.50 %<\/td>\n43,935<\/td>\n13.20<\/td>\n2<\/td>\n-1.0355 %<\/td>\n2,560.0<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.02 %<\/td>\n4.89 %<\/td>\n130,029<\/td>\n1.94<\/td>\n10<\/td>\n-0.5329 %<\/td>\n2,597.2<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.1338 %<\/td>\n2,507.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.80 %<\/td>\n6.83 %<\/td>\n56,814<\/td>\n13.24<\/td>\n14<\/td>\n-1.0705 %<\/td>\n2,541.1<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n-4.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 17.55
\nEvaluated at bid price : 17.55
\nBid-YTW : 7.43 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n-4.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 13.95
\nEvaluated at bid price : 13.95
\nBid-YTW : 7.47 %<\/td>\n<\/tr>\n
MIC.PR.A<\/td>\nPerpetual-Discount<\/td>\n-3.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 20.75
\nEvaluated at bid price : 20.75
\nBid-YTW : 6.57 %<\/td>\n<\/tr>\n
BAM.PF.J<\/td>\nFixedReset Disc<\/td>\n-3.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 23.21
\nEvaluated at bid price : 24.00
\nBid-YTW : 6.56 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-3.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 20.75
\nEvaluated at bid price : 20.75
\nBid-YTW : 6.73 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n-3.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 19.26
\nEvaluated at bid price : 19.26
\nBid-YTW : 7.15 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n-2.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 16.35
\nEvaluated at bid price : 16.35
\nBid-YTW : 7.69 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n-2.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 17.02
\nEvaluated at bid price : 17.02
\nBid-YTW : 7.81 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n-2.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 18.11
\nEvaluated at bid price : 18.11
\nBid-YTW : 7.25 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n-2.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 19.07
\nEvaluated at bid price : 19.07
\nBid-YTW : 7.31 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n-2.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 16.15
\nEvaluated at bid price : 16.15
\nBid-YTW : 7.68 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-2.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 18.57
\nEvaluated at bid price : 18.57
\nBid-YTW : 7.22 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset Disc<\/td>\n-2.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 19.30
\nEvaluated at bid price : 19.30
\nBid-YTW : 6.97 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n-2.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 12.21
\nEvaluated at bid price : 12.21
\nBid-YTW : 8.09 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n-2.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 12.80
\nEvaluated at bid price : 12.80
\nBid-YTW : 7.98 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-2.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 12.81
\nEvaluated at bid price : 12.81
\nBid-YTW : 5.09 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-2.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 18.21
\nEvaluated at bid price : 18.21
\nBid-YTW : 7.22 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n-2.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 22.65
\nEvaluated at bid price : 23.25
\nBid-YTW : 6.32 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n-2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 15.34
\nEvaluated at bid price : 15.34
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-2.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 21.20
\nEvaluated at bid price : 21.20
\nBid-YTW : 6.83 %<\/td>\n<\/tr>\n
RY.PR.O<\/td>\nPerpetual-Discount<\/td>\n-1.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 22.87
\nEvaluated at bid price : 23.13
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n-1.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 17.42
\nEvaluated at bid price : 17.42
\nBid-YTW : 7.79 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 18.85
\nEvaluated at bid price : 18.85
\nBid-YTW : 7.28 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n-1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 19.45
\nEvaluated at bid price : 19.45
\nBid-YTW : 7.51 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n-1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 21.51
\nEvaluated at bid price : 21.51
\nBid-YTW : 7.11 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 19.30
\nEvaluated at bid price : 19.30
\nBid-YTW : 7.43 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 23.09
\nEvaluated at bid price : 23.50
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 23.30
\nEvaluated at bid price : 24.35
\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 21.20
\nEvaluated at bid price : 21.20
\nBid-YTW : 6.49 %<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\n-1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 19.41
\nEvaluated at bid price : 19.41
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 17.71
\nEvaluated at bid price : 17.71
\nBid-YTW : 7.60 %<\/td>\n<\/tr>\n
BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 19.36
\nEvaluated at bid price : 19.36
\nBid-YTW : 6.19 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n-1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 18.87
\nEvaluated at bid price : 18.87
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 21.01
\nEvaluated at bid price : 21.01
\nBid-YTW : 6.50 %<\/td>\n<\/tr>\n
TD.PF.L<\/td>\nFixedReset Prem<\/td>\n-1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.91
\nBid-YTW : 5.27 %<\/td>\n<\/tr>\n
BMO.PR.F<\/td>\nFixedReset Prem<\/td>\n-1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-05-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.15
\nBid-YTW : 5.16 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n-1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 22.26
\nEvaluated at bid price : 23.01
\nBid-YTW : 6.70 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n-1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 18.82
\nEvaluated at bid price : 18.82
\nBid-YTW : 6.04 %<\/td>\n<\/tr>\n
IFC.PR.K<\/td>\nPerpetual-Discount<\/td>\n-1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 21.54
\nEvaluated at bid price : 21.85
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n
BAM.PF.I<\/td>\nFixedReset Prem<\/td>\n-1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.75
\nBid-YTW : 4.74 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 15.67
\nEvaluated at bid price : 15.67
\nBid-YTW : 7.79 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 22.08
\nEvaluated at bid price : 22.72
\nBid-YTW : 6.43 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 14.40
\nEvaluated at bid price : 14.40
\nBid-YTW : 7.10 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Disc<\/td>\n-1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 22.84
\nEvaluated at bid price : 23.30
\nBid-YTW : 6.34 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n-1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 20.20
\nEvaluated at bid price : 20.20
\nBid-YTW : 6.47 %<\/td>\n<\/tr>\n
PWF.PR.G<\/td>\nPerpetual-Discount<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 23.95
\nEvaluated at bid price : 24.20
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 6.42 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 21.01
\nEvaluated at bid price : 21.01
\nBid-YTW : 6.49 %<\/td>\n<\/tr>\n
RY.PR.N<\/td>\nPerpetual-Discount<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 22.90
\nEvaluated at bid price : 23.25
\nBid-YTW : 5.33 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 21.79
\nEvaluated at bid price : 22.26
\nBid-YTW : 6.48 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 14.20
\nEvaluated at bid price : 14.20
\nBid-YTW : 7.35 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 22.48
\nEvaluated at bid price : 22.74
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 23.48
\nEvaluated at bid price : 23.90
\nBid-YTW : 6.36 %<\/td>\n<\/tr>\n
ELF.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 21.75
\nEvaluated at bid price : 22.00
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n4.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 20.95
\nEvaluated at bid price : 20.95
\nBid-YTW : 6.61 %<\/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
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n120,170<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 23.45
\nEvaluated at bid price : 23.86
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n107,540<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 18.85
\nEvaluated at bid price : 18.85
\nBid-YTW : 7.28 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n96,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 17.70
\nEvaluated at bid price : 17.70
\nBid-YTW : 6.99 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n63,269<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Disc<\/td>\n47,264<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 22.33
\nEvaluated at bid price : 23.15
\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n43,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 23.14
\nEvaluated at bid price : 23.60
\nBid-YTW : 6.24 %<\/td>\n<\/tr>\n
There were 54 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.B<\/td>\nFixedReset Disc<\/td>\nQuote: 12.21 – 14.16
\nSpot Rate : 1.9500
\nAverage : 1.3436<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 12.21
\nEvaluated at bid price : 12.21
\nBid-YTW : 8.09 %<\/td>\n<\/tr>\n

TRP.PR.D<\/td>\nFixedReset Disc<\/td>\nQuote: 17.42 – 19.00
\nSpot Rate : 1.5800
\nAverage : 0.9837<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 17.42
\nEvaluated at bid price : 17.42
\nBid-YTW : 7.79 %<\/td>\n<\/tr>\n

BAM.PF.J<\/td>\nFixedReset Disc<\/td>\nQuote: 24.00 – 25.11
\nSpot Rate : 1.1100
\nAverage : 0.6205<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 23.21
\nEvaluated at bid price : 24.00
\nBid-YTW : 6.56 %<\/td>\n<\/tr>\n

GWO.PR.R<\/td>\nInsurance Straight<\/td>\nQuote: 19.90 – 21.00
\nSpot Rate : 1.1000
\nAverage : 0.6559<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 19.90
\nEvaluated at bid price : 19.90
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n

FTS.PR.M<\/td>\nFixedReset Disc<\/td>\nQuote: 19.26 – 20.85
\nSpot Rate : 1.5900
\nAverage : 1.1497<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 19.26
\nEvaluated at bid price : 19.26
\nBid-YTW : 7.15 %<\/td>\n<\/tr>\n

BAM.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 16.35 – 18.00
\nSpot Rate : 1.6500
\nAverage : 1.2164<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-12
\nMaturity Price : 16.35
\nEvaluated at bid price : 16.35
\nBid-YTW : 7.69 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

The CMHC is predicting a decline in house prices: Canada Mortgage and Housing Corp., which was criticized in 2020 for sticking to a pessimistic outlook for housing prices early in the pandemic, is revising its …<\/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-43797","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43797","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=43797"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43797\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}