{"id":43960,"date":"2022-08-04T18:42:30","date_gmt":"2022-08-04T23:42:30","guid":{"rendered":"https:\/\/prefblog.com\/?p=43960"},"modified":"2022-08-04T18:42:30","modified_gmt":"2022-08-04T23:42:30","slug":"august-4-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=43960","title":{"rendered":"August 4, 2022"},"content":{"rendered":"

The New York Fed released its Weekly Economic Index<\/a> today, estimating annual Real GDP growth as of June 30, 2022, bumping along at +1.62%, but still positive!<\/p>\n

Here are some cheerful words from the Bank of England<\/a>:<\/p>\n

The Bank of England\u2019s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 3 August 2022, the MPC voted by a majority of 8-1 to increase Bank Rate by 0.5 percentage points, to 1.75%. One member preferred to increase Bank Rate by 0.25 percentage points, to 1.5%.<\/p>\n

Inflationary pressures in the United Kingdom and the rest of Europe have intensified significantly since the May Monetary Policy Report and the MPC\u2019s previous meeting. That largely reflects a near doubling in wholesale gas prices since May, owing to Russia\u2019s restriction of gas supplies to Europe and the risk of further curbs. As this feeds through to retail energy prices, it will exacerbate the fall in real incomes for UK households and further increase UK CPI inflation in the near term. CPI inflation is expected to rise more than forecast in the May Report, from 9.4% in June to just over 13% in 2022 Q4, and to remain at very elevated levels throughout much of 2023, before falling to the 2% target two years ahead.<\/p>\n

GDP growth in the United Kingdom is slowing. The latest rise in gas prices has led to another significant deterioration in the outlook for activity in the United Kingdom and the rest of Europe. The United Kingdom is now projected to enter recession from the fourth quarter of this year. Real household post-tax income is projected to fall sharply in 2022 and 2023, while consumption growth turns negative.<\/p>\n

Domestic inflationary pressures are projected to remain strong over the first half of the forecast period. Firms generally report that they expect to increase their selling prices markedly, reflecting the sharp rises in their costs. The labour market has remained tight, with the unemployment rate at 3.8% in the three months to May and vacancies at historically high levels. As a result, and consistent with the latest Agents\u2019 survey, underlying nominal wage growth is expected to be higher than in the May Report over the first half of the forecast period.<\/p><\/blockquote>\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-0.3889 %<\/td>\n2,460.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3889 %<\/td>\n4,718.2<\/td>\n<\/tr>\n
Floater<\/td>\n6.42 %<\/td>\n6.51 %<\/td>\n38,783<\/td>\n13.14<\/td>\n3<\/td>\n-0.3889 %<\/td>\n2,719.1<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1991 %<\/td>\n3,463.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.91 %<\/td>\n5.74 %<\/td>\n39,394<\/td>\n3.10<\/td>\n8<\/td>\n0.1991 %<\/td>\n4,136.5<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1991 %<\/td>\n3,227.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3260 %<\/td>\n2,877.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.92 %<\/td>\n6.07 %<\/td>\n70,892<\/td>\n13.81<\/td>\n34<\/td>\n0.3260 %<\/td>\n3,138.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.74 %<\/td>\n5.85 %<\/td>\n118,049<\/td>\n14.24<\/td>\n55<\/td>\n-0.2452 %<\/td>\n2,488.9<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.83 %<\/td>\n5.92 %<\/td>\n82,938<\/td>\n13.95<\/td>\n18<\/td>\n0.4472 %<\/td>\n3,087.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n6.91 %<\/td>\n7.15 %<\/td>\n42,014<\/td>\n12.31<\/td>\n2<\/td>\n0.6709 %<\/td>\n2,557.5<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.01 %<\/td>\n4.47 %<\/td>\n126,694<\/td>\n1.89<\/td>\n10<\/td>\n-0.1069 %<\/td>\n2,600.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2452 %<\/td>\n2,544.1<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.75 %<\/td>\n6.18 %<\/td>\n55,878<\/td>\n13.83<\/td>\n14<\/td>\n1.4493 %<\/td>\n2,568.6<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-8.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 6.43 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n-2.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 22.72
\nEvaluated at bid price : 23.38
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n-2.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 18.72
\nEvaluated at bid price : 18.72
\nBid-YTW : 7.06 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Disc<\/td>\n-2.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 23.54
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n-2.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 16.85
\nEvaluated at bid price : 16.85
\nBid-YTW : 6.98 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n-1.86 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 21.10
\nEvaluated at bid price : 21.10
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n-1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 12.78
\nEvaluated at bid price : 12.78
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 20.40
\nEvaluated at bid price : 20.40
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 22.69
\nEvaluated at bid price : 23.30
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\n-1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 22.09
\nEvaluated at bid price : 22.33
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 17.05
\nEvaluated at bid price : 17.05
\nBid-YTW : 7.31 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n-1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 17.49
\nEvaluated at bid price : 17.49
\nBid-YTW : 7.36 %<\/td>\n<\/tr>\n
ELF.PR.H<\/td>\nPerpetual-Discount<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 22.77
\nEvaluated at bid price : 23.05
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 18.98
\nEvaluated at bid price : 18.98
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 19.45
\nEvaluated at bid price : 19.45
\nBid-YTW : 7.55 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 18.96
\nEvaluated at bid price : 18.96
\nBid-YTW : 6.63 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 20.20
\nEvaluated at bid price : 20.20
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 21.31
\nEvaluated at bid price : 21.59
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 18.50
\nEvaluated at bid price : 18.50
\nBid-YTW : 6.42 %<\/td>\n<\/tr>\n
FTS.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 21.86
\nEvaluated at bid price : 22.10
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 17.70
\nEvaluated at bid price : 17.70
\nBid-YTW : 7.04 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 15.95
\nEvaluated at bid price : 15.95
\nBid-YTW : 7.01 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset Disc<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 19.23
\nEvaluated at bid price : 19.23
\nBid-YTW : 6.36 %<\/td>\n<\/tr>\n
PVS.PR.G<\/td>\nSplitShare<\/td>\n1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Option Certainty
\nMaturity Date\t: 2026-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.55
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Disc<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 23.60
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.25 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 19.90
\nEvaluated at bid price : 19.90
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 21.44
\nEvaluated at bid price : 21.44
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 16.36
\nEvaluated at bid price : 16.36
\nBid-YTW : 7.15 %<\/td>\n<\/tr>\n
POW.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 22.66
\nEvaluated at bid price : 22.90
\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 22.28
\nEvaluated at bid price : 22.55
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 19.30
\nEvaluated at bid price : 19.30
\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 19.71
\nEvaluated at bid price : 19.71
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
BAM.PF.C<\/td>\nPerpetual-Discount<\/td>\n1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 20.27
\nEvaluated at bid price : 20.27
\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 19.85
\nEvaluated at bid price : 19.85
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.75 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 14.50
\nEvaluated at bid price : 14.50
\nBid-YTW : 6.42 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n1.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 22.33
\nEvaluated at bid price : 22.60
\nBid-YTW : 6.04 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n1.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 13.50
\nEvaluated at bid price : 13.50
\nBid-YTW : 6.93 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n2.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 13.93
\nEvaluated at bid price : 13.93
\nBid-YTW : 6.77 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n2.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 18.90
\nEvaluated at bid price : 18.90
\nBid-YTW : 6.89 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n2.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 19.58
\nEvaluated at bid price : 19.58
\nBid-YTW : 6.48 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n2.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 14.48
\nEvaluated at bid price : 14.48
\nBid-YTW : 6.43 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n4.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 19.07
\nEvaluated at bid price : 19.07
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n4.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 6.24 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n4.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 18.52
\nEvaluated at bid price : 18.52
\nBid-YTW : 5.99 %<\/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
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n146,792<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 14.48
\nEvaluated at bid price : 14.48
\nBid-YTW : 6.43 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n47,681<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 21.77
\nEvaluated at bid price : 22.22
\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n41,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 21.44
\nEvaluated at bid price : 21.44
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n40,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 17.49
\nEvaluated at bid price : 17.49
\nBid-YTW : 7.36 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n38,450<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 17.34
\nEvaluated at bid price : 17.34
\nBid-YTW : 6.63 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n37,322<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 17.05
\nEvaluated at bid price : 17.05
\nBid-YTW : 7.31 %<\/td>\n<\/tr>\n
There were 12 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.L<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.07 – 24.00
\nSpot Rate : 4.9300
\nAverage : 3.1106<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 19.07
\nEvaluated at bid price : 19.07
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n

TD.PF.D<\/td>\nFixedReset Disc<\/td>\nQuote: 19.80 – 22.22
\nSpot Rate : 2.4200
\nAverage : 1.3971<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 6.43 %<\/td>\n<\/tr>\n

BAM.PR.K<\/td>\nFloater<\/td>\nQuote: 12.78 – 14.40
\nSpot Rate : 1.6200
\nAverage : 1.1434<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 12.78
\nEvaluated at bid price : 12.78
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n

NA.PR.W<\/td>\nFixedReset Disc<\/td>\nQuote: 21.40 – 22.50
\nSpot Rate : 1.1000
\nAverage : 0.6878<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n

TD.PF.B<\/td>\nFixedReset Disc<\/td>\nQuote: 21.49 – 22.60
\nSpot Rate : 1.1100
\nAverage : 0.7016<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 21.49
\nEvaluated at bid price : 21.49
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n

MFC.PR.B<\/td>\nInsurance Straight<\/td>\nQuote: 20.89 – 22.00
\nSpot Rate : 1.1100
\nAverage : 0.7317<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-08-04
\nMaturity Price : 20.89
\nEvaluated at bid price : 20.89
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

The New York Fed released its Weekly Economic Index today, estimating annual Real GDP growth as of June 30, 2022, bumping along at +1.62%, but still positive! Here are some cheerful words from the Bank …<\/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-43960","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43960","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=43960"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43960\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}