{"id":43879,"date":"2022-07-21T20:20:08","date_gmt":"2022-07-22T01:20:08","guid":{"rendered":"https:\/\/prefblog.com\/?p=43879"},"modified":"2022-07-21T20:20:08","modified_gmt":"2022-07-22T01:20:08","slug":"july-21-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=43879","title":{"rendered":"July 21, 2022"},"content":{"rendered":"
<\/a><\/div>\n

TXPR closed at 590.71<\/a>, down 1.31% on the day. Volume today was 2.04-million, fourth-highest of the past 21 trading days.<\/p>\n

CPD closed at 11.83<\/a>, down 0.59% on the day and hitting a new 52-week low. Volume was 145,260, third-highest of the past 21 trading days. The 52-week high for CPD, by the way, is 14.15 – so should it hit 11.32 we can solemnly discuss how the preferred share market has crashed. Maybe we’ll get on TV!<\/p>\n

ZPR closed at 9.85<\/a> down 1.10% on the day. Volume of 358,370 was highest of the past 21 trading days.<\/p>\n

Five-year Canada yields were down to 2.99%<\/a> today. Maybe all this inflation nonsense is over now! Or maybe<\/a>:<\/p>\n

Bond yields saw some of their biggest declines of the year Thursday after soft U.S. economic data and the first interest rate hike in 11 years by the European Central Bank spurred more concern that a recession is just around the corner.<\/p>\n

Stocks closed higher, with U.S. indexes posting bigger gains than the TSX thanks to a rally in growth stocks.
\n…<\/b>
\nThe number of Americans enrolling for unemployment benefits rose last week to the highest in eight months and a gauge of factory activity slumped this month, the latest indications the U.S. economy is slowing under the weight of rising interest rates and high inflation.<\/p><\/blockquote>\n

The ECB has joined the party<\/a>:<\/p>\n

The European Central Bank raised interest rates by more than expected on Thursday as concerns about runaway inflation trumped worries about growth, even while the euro zone economy is suffering from the impact of Russia\u2019s war in Ukraine.<\/p>\n

The ECB raised its benchmark deposit rate by 50 basis points to zero percent, breaking its own guidance for a 25 basis point move as it joined global peers in jacking up borrowing costs. It was the ECB\u2019s first rate increase in 11 years.<\/p>\n

Policymakers also agreed to provide extra help for the euro zone\u2019s big debtor nations – Italy among them – with a new bond purchase scheme. Sources told Reuters they did not expect to use it imminently despite a selloff in Italian bonds.<\/p>\n

Ending an eight-year experiment with negative interest rates, the ECB also lifted its main refinancing rate to 0.50%, and promised another hike, possibly as soon as its Sept. 8 meeting, with more to follow later.
\n…<\/b>
\nBut even if the ECB is now moving more quickly, Ms. Lagarde said the terminal rate \u2013 or level where hikes end \u2013 has not changed.<\/p>\n

The ECB did not provide guidance for its expected rate hike in September, saying only that further increases will be as appropriate and decisions will be made meeting-by-meeting.<\/p>\n

The ECB had for weeks guided markets to expect a 25-basis-point increase on Thursday, but sources close to the discussion told Reuters early this week that 50 basis points had come into play as part of a deal including help for indebted countries.<\/p><\/blockquote>\n

I love market chatter and the chatterers! Apparently this unchanged forecast for the terminal rate – which is what? maybe a year away? – has cheered everybody up, or at least those who have forgotten that last week the forecast was to hike rates 0.25% this week.<\/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-1.5010 %<\/td>\n2,436.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.5010 %<\/td>\n4,674.0<\/td>\n<\/tr>\n
Floater<\/td>\n6.48 %<\/td>\n6.57 %<\/td>\n41,872<\/td>\n13.08<\/td>\n3<\/td>\n-1.5010 %<\/td>\n2,693.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3502 %<\/td>\n3,459.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.92 %<\/td>\n5.79 %<\/td>\n45,753<\/td>\n3.13<\/td>\n8<\/td>\n-0.3502 %<\/td>\n4,131.7<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3502 %<\/td>\n3,223.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.5780 %<\/td>\n2,827.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.03 %<\/td>\n6.10 %<\/td>\n70,601<\/td>\n13.77<\/td>\n34<\/td>\n-0.5780 %<\/td>\n3,083.6<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.96 %<\/td>\n6.61 %<\/td>\n112,197<\/td>\n13.37<\/td>\n56<\/td>\n-1.5577 %<\/td>\n2,374.3<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.02 %<\/td>\n6.09 %<\/td>\n82,949<\/td>\n13.75<\/td>\n18<\/td>\n-0.5707 %<\/td>\n2,986.2<\/td>\n<\/tr>\n
FloatingReset<\/td>\n7.03 %<\/td>\n7.38 %<\/td>\n44,852<\/td>\n12.07<\/td>\n2<\/td>\n-2.2970 %<\/td>\n2,451.2<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.10 %<\/td>\n5.55 %<\/td>\n128,470<\/td>\n1.92<\/td>\n10<\/td>\n-0.7888 %<\/td>\n2,554.0<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.5577 %<\/td>\n2,427.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.00 %<\/td>\n6.99 %<\/td>\n53,963<\/td>\n12.68<\/td>\n14<\/td>\n-2.3107 %<\/td>\n2,437.2<\/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\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.A<\/td>\nFixedReset Disc<\/td>\n-12.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 13.20
\nEvaluated at bid price : 13.20
\nBid-YTW : 9.09 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n-6.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 16.60
\nEvaluated at bid price : 16.60
\nBid-YTW : 7.37 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-5.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 6.85 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n-5.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 6.70 %<\/td>\n<\/tr>\n
CU.PR.I<\/td>\nFixedReset Prem<\/td>\n-5.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.02
\nBid-YTW : 6.04 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n-4.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 17.90
\nEvaluated at bid price : 17.90
\nBid-YTW : 7.69 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n-4.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 6.74 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n-4.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 15.45
\nEvaluated at bid price : 15.45
\nBid-YTW : 7.38 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset Disc<\/td>\n-4.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 17.50
\nEvaluated at bid price : 17.50
\nBid-YTW : 7.58 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n-3.90 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 20.47
\nEvaluated at bid price : 20.47
\nBid-YTW : 6.99 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-3.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 13.71
\nEvaluated at bid price : 13.71
\nBid-YTW : 7.38 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-3.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 17.52
\nEvaluated at bid price : 17.52
\nBid-YTW : 7.41 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n-3.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 17.29
\nEvaluated at bid price : 17.29
\nBid-YTW : 7.49 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-3.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 13.20
\nEvaluated at bid price : 13.20
\nBid-YTW : 7.75 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n-3.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 13.07
\nEvaluated at bid price : 13.07
\nBid-YTW : 7.82 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n-3.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 21.01
\nEvaluated at bid price : 21.01
\nBid-YTW : 6.90 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n-3.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 7.19 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n-3.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 21.70
\nEvaluated at bid price : 22.11
\nBid-YTW : 6.90 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n-2.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 20.05
\nEvaluated at bid price : 20.05
\nBid-YTW : 6.54 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n-2.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 16.50
\nEvaluated at bid price : 16.50
\nBid-YTW : 8.12 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-2.86 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 13.60
\nEvaluated at bid price : 13.60
\nBid-YTW : 7.39 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n-2.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 19.60
\nEvaluated at bid price : 19.60
\nBid-YTW : 6.57 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-2.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 17.84
\nEvaluated at bid price : 17.84
\nBid-YTW : 7.42 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n-2.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 20.78
\nEvaluated at bid price : 20.78
\nBid-YTW : 6.46 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-2.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 20.06
\nEvaluated at bid price : 20.06
\nBid-YTW : 6.90 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n-2.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 20.16
\nEvaluated at bid price : 20.16
\nBid-YTW : 6.68 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n-2.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 16.00
\nEvaluated at bid price : 16.00
\nBid-YTW : 8.19 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Disc<\/td>\n-2.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 18.16
\nEvaluated at bid price : 18.16
\nBid-YTW : 7.18 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n-2.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 7.46 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-2.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 18.32
\nEvaluated at bid price : 18.32
\nBid-YTW : 7.39 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n-2.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 17.26
\nEvaluated at bid price : 17.26
\nBid-YTW : 7.71 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n-2.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 6.71 %<\/td>\n<\/tr>\n
PWF.PR.H<\/td>\nPerpetual-Discount<\/td>\n-2.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 23.17
\nEvaluated at bid price : 23.43
\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n-2.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 19.08
\nEvaluated at bid price : 19.08
\nBid-YTW : 7.04 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n-1.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 11.80
\nEvaluated at bid price : 11.80
\nBid-YTW : 8.22 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n-1.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 12.65
\nEvaluated at bid price : 12.65
\nBid-YTW : 6.58 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 20.45
\nEvaluated at bid price : 20.45
\nBid-YTW : 6.99 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n-1.82 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 20.01
\nEvaluated at bid price : 20.01
\nBid-YTW : 6.52 %<\/td>\n<\/tr>\n
PVS.PR.F<\/td>\nSplitShare<\/td>\n-1.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2024-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.51
\nBid-YTW : 6.08 %<\/td>\n<\/tr>\n
IAF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 22.62
\nEvaluated at bid price : 23.25
\nBid-YTW : 6.31 %<\/td>\n<\/tr>\n
BAM.PF.I<\/td>\nFixedReset Prem<\/td>\n-1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.70
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n-1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 21.57
\nEvaluated at bid price : 21.83
\nBid-YTW : 6.24 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 22.93
\nEvaluated at bid price : 23.34
\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\n-1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 21.65
\nEvaluated at bid price : 21.65
\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 19.69
\nEvaluated at bid price : 19.69
\nBid-YTW : 6.63 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n-1.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 16.10
\nEvaluated at bid price : 16.10
\nBid-YTW : 7.62 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n-1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 21.98
\nEvaluated at bid price : 22.22
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n-1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 19.65
\nEvaluated at bid price : 19.65
\nBid-YTW : 6.57 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 12.66
\nEvaluated at bid price : 12.66
\nBid-YTW : 6.57 %<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n-1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 20.15
\nEvaluated at bid price : 20.15
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
MIC.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 20.70
\nEvaluated at bid price : 20.70
\nBid-YTW : 6.60 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 22.72
\nEvaluated at bid price : 23.17
\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n
IFC.PR.K<\/td>\nPerpetual-Discount<\/td>\n-1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 21.31
\nEvaluated at bid price : 21.60
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n-1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 17.85
\nEvaluated at bid price : 17.85
\nBid-YTW : 7.68 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n-1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 18.77
\nEvaluated at bid price : 18.77
\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n-1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 23.16
\nEvaluated at bid price : 23.60
\nBid-YTW : 6.37 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 19.70
\nEvaluated at bid price : 19.70
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 18.87
\nEvaluated at bid price : 18.87
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 20.66
\nEvaluated at bid price : 20.66
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 20.96
\nEvaluated at bid price : 20.96
\nBid-YTW : 6.22 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 21.26
\nEvaluated at bid price : 21.26
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nPerpetual-Discount<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 22.16
\nEvaluated at bid price : 22.50
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 12.75
\nEvaluated at bid price : 12.75
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 18.45
\nEvaluated at bid price : 18.45
\nBid-YTW : 7.37 %<\/td>\n<\/tr>\n
PVS.PR.K<\/td>\nSplitShare<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2029-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.30
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 17.47
\nEvaluated at bid price : 17.47
\nBid-YTW : 6.96 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 6.41 %<\/td>\n<\/tr>\n
TD.PF.L<\/td>\nFixedReset Prem<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 23.97
\nEvaluated at bid price : 24.30
\nBid-YTW : 6.48 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n2.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 20.30
\nEvaluated at bid price : 20.30
\nBid-YTW : 6.62 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n3.82 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 22.16
\nEvaluated at bid price : 22.85
\nBid-YTW : 6.34 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n3.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 20.90
\nEvaluated at bid price : 20.90
\nBid-YTW : 6.55 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n5.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 18.90
\nEvaluated at bid price : 18.90
\nBid-YTW : 7.64 %<\/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
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n204,410<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 20.36
\nEvaluated at bid price : 20.36
\nBid-YTW : 6.45 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n114,762<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 6.85 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n85,813<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 20.65
\nEvaluated at bid price : 20.65
\nBid-YTW : 6.61 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n83,483<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 23.18
\nEvaluated at bid price : 24.27
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Disc<\/td>\n48,869<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 23.50
\nEvaluated at bid price : 24.41
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n28,074<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 20.78
\nEvaluated at bid price : 20.78
\nBid-YTW : 6.46 %<\/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
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.84 – 21.50
\nSpot Rate : 3.6600
\nAverage : 2.9212<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 17.84
\nEvaluated at bid price : 17.84
\nBid-YTW : 7.42 %<\/td>\n<\/tr>\n

TRP.PR.A<\/td>\nFixedReset Disc<\/td>\nQuote: 13.20 – 15.35
\nSpot Rate : 2.1500
\nAverage : 1.4658<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 13.20
\nEvaluated at bid price : 13.20
\nBid-YTW : 9.09 %<\/td>\n<\/tr>\n

BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.90 – 21.00
\nSpot Rate : 1.1000
\nAverage : 0.6688<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 19.90
\nEvaluated at bid price : 19.90
\nBid-YTW : 6.04 %<\/td>\n<\/tr>\n

BAM.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 17.85 – 19.35
\nSpot Rate : 1.5000
\nAverage : 1.0694<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 17.85
\nEvaluated at bid price : 17.85
\nBid-YTW : 7.68 %<\/td>\n<\/tr>\n

CU.PR.I<\/td>\nFixedReset Prem<\/td>\nQuote: 24.02 – 25.01
\nSpot Rate : 0.9900
\nAverage : 0.6004<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.02
\nBid-YTW : 6.04 %<\/td>\n<\/tr>\n

IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.47 – 18.89
\nSpot Rate : 1.4200
\nAverage : 1.0442<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-07-21
\nMaturity Price : 17.47
\nEvaluated at bid price : 17.47
\nBid-YTW : 6.96 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

TXPR closed at 590.71, down 1.31% on the day. Volume today was 2.04-million, fourth-highest of the past 21 trading days. CPD closed at 11.83, down 0.59% on the day and hitting a new 52-week low. …<\/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-43879","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43879","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=43879"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43879\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}