{"id":44250,"date":"2022-10-12T19:59:36","date_gmt":"2022-10-13T00:59:36","guid":{"rendered":"https:\/\/prefblog.com\/?p=44250"},"modified":"2022-10-12T19:59:36","modified_gmt":"2022-10-13T00:59:36","slug":"october-12-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=44250","title":{"rendered":"October 12, 2022"},"content":{"rendered":"
\"\"<\/a><\/figure>\n

TXPR closed at 555.87<\/a>, down 0.81% on the day. Volume today was 2.00-million, highest of the past 21 trading days.<\/p>\n

That’s close to an all-time low for the TXPR price index, barring the depths of the COVID Catastrophe:<\/p>\n

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

… but on 2016-1-18, TXPR closed at 549.26. Well, not much more to go until we sink below that low point!<\/p>\n

CPD closed at 11.06<\/a>, down 0.45% on the day. Volume was 84,920, near the median of the past 21 trading days.<\/p>\n

ZPR closed at 9.27<\/a>, down 0.32% on the day. Volume was 267,320, fourth-highest of the past 21 trading days.<\/p>\n

Five-year Canada yields were down to 3.60%<\/a> today.<\/p>\n

PerpetualDiscounts now yield 6.60%, equivalent to 8.58% interest at the standard equivalency factor of 1.3x. Long corporates<\/a> have been hammered in the past week to yield 5.39% (I’m suspicious about this number, especially since it’s precisely equal to the “Distribution Yield”), so the pre-tax interest-equivalent spread (in this context, the \u201cSeniority Spread\u201d) has eased to 320bp from the 340bp reported October 5<\/a>.<\/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-0.2053 %<\/td>\n2,336.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2053 %<\/td>\n4,481.0<\/td>\n<\/tr>\n
Floater<\/td>\n7.85 %<\/td>\n7.85 %<\/td>\n44,470<\/td>\n11.55<\/td>\n2<\/td>\n-0.2053 %<\/td>\n2,582.4<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0788 %<\/td>\n3,385.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.96 %<\/td>\n6.43 %<\/td>\n33,197<\/td>\n3.07<\/td>\n7<\/td>\n0.0788 %<\/td>\n4,042.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0788 %<\/td>\n3,154.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.4823 %<\/td>\n2,617.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.51 %<\/td>\n6.60 %<\/td>\n72,147<\/td>\n13.03<\/td>\n33<\/td>\n-0.4823 %<\/td>\n2,853.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.38 %<\/td>\n7.53 %<\/td>\n90,388<\/td>\n12.20<\/td>\n63<\/td>\n-0.8591 %<\/td>\n2,225.2<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.47 %<\/td>\n6.52 %<\/td>\n78,055<\/td>\n13.16<\/td>\n19<\/td>\n0.0192 %<\/td>\n2,782.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n9.01 %<\/td>\n9.39 %<\/td>\n36,337<\/td>\n10.06<\/td>\n2<\/td>\n-1.8585 %<\/td>\n2,443.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.8591 %<\/td>\n2,355.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.8591 %<\/td>\n2,274.6<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.56 %<\/td>\n8.04 %<\/td>\n43,675<\/td>\n11.86<\/td>\n14<\/td>\n-0.5824 %<\/td>\n2,279.4<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-8.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 11.00
\nEvaluated at bid price : 11.00
\nBid-YTW : 9.92 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n-5.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 17.65
\nEvaluated at bid price : 17.65
\nBid-YTW : 7.83 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n-4.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 7.48 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n-4.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 20.49
\nEvaluated at bid price : 20.49
\nBid-YTW : 7.27 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n-4.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 19.06
\nEvaluated at bid price : 19.06
\nBid-YTW : 7.53 %<\/td>\n<\/tr>\n
BAM.PF.I<\/td>\nFixedReset Disc<\/td>\n-3.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 21.04
\nEvaluated at bid price : 21.04
\nBid-YTW : 8.13 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n-3.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 13.91
\nEvaluated at bid price : 13.91
\nBid-YTW : 9.33 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n-2.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 15.23
\nEvaluated at bid price : 15.23
\nBid-YTW : 9.30 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n-2.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 16.85
\nEvaluated at bid price : 16.85
\nBid-YTW : 9.00 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n-2.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 14.75
\nEvaluated at bid price : 14.75
\nBid-YTW : 8.88 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-2.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 14.17
\nEvaluated at bid price : 14.17
\nBid-YTW : 9.15 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n-2.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 18.37
\nEvaluated at bid price : 18.37
\nBid-YTW : 7.65 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n-2.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 14.60
\nEvaluated at bid price : 14.60
\nBid-YTW : 8.99 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 12.50
\nEvaluated at bid price : 12.50
\nBid-YTW : 8.29 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 18.20
\nEvaluated at bid price : 18.20
\nBid-YTW : 6.64 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n-1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 15.82
\nEvaluated at bid price : 15.82
\nBid-YTW : 9.21 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 19.90
\nEvaluated at bid price : 19.90
\nBid-YTW : 7.32 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 16.30
\nEvaluated at bid price : 16.30
\nBid-YTW : 8.93 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 19.42
\nEvaluated at bid price : 19.42
\nBid-YTW : 7.53 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 18.85
\nEvaluated at bid price : 18.85
\nBid-YTW : 7.44 %<\/td>\n<\/tr>\n
IAF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 21.10
\nEvaluated at bid price : 21.10
\nBid-YTW : 7.53 %<\/td>\n<\/tr>\n
BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\n-1.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 18.30
\nEvaluated at bid price : 18.30
\nBid-YTW : 6.56 %<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n-1.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 19.98
\nEvaluated at bid price : 19.98
\nBid-YTW : 6.47 %<\/td>\n<\/tr>\n
GWO.PR.L<\/td>\nInsurance Straight<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 21.26
\nEvaluated at bid price : 21.26
\nBid-YTW : 6.72 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n-1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 20.20
\nEvaluated at bid price : 20.20
\nBid-YTW : 8.16 %<\/td>\n<\/tr>\n
POW.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 20.86
\nEvaluated at bid price : 20.86
\nBid-YTW : 6.76 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 12.83
\nEvaluated at bid price : 12.83
\nBid-YTW : 8.58 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n-1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 15.35
\nEvaluated at bid price : 15.35
\nBid-YTW : 9.39 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n-1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 18.50
\nEvaluated at bid price : 18.50
\nBid-YTW : 7.51 %<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 20.23
\nEvaluated at bid price : 20.23
\nBid-YTW : 6.60 %<\/td>\n<\/tr>\n
POW.PR.G<\/td>\nPerpetual-Discount<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 6.72 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 18.01
\nEvaluated at bid price : 18.01
\nBid-YTW : 6.69 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n-1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 17.16
\nEvaluated at bid price : 17.16
\nBid-YTW : 6.55 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 7.23 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 6.72 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n-1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 18.32
\nEvaluated at bid price : 18.32
\nBid-YTW : 6.69 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset Disc<\/td>\n-1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 16.30
\nEvaluated at bid price : 16.30
\nBid-YTW : 8.82 %<\/td>\n<\/tr>\n
PWF.PR.R<\/td>\nPerpetual-Discount<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 6.74 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 18.25
\nEvaluated at bid price : 18.25
\nBid-YTW : 6.65 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 21.57
\nEvaluated at bid price : 21.90
\nBid-YTW : 7.45 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 19.51
\nEvaluated at bid price : 19.51
\nBid-YTW : 6.67 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 19.60
\nEvaluated at bid price : 19.60
\nBid-YTW : 6.70 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 17.08
\nEvaluated at bid price : 17.08
\nBid-YTW : 9.02 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 16.29
\nEvaluated at bid price : 16.29
\nBid-YTW : 8.54 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 15.45
\nEvaluated at bid price : 15.45
\nBid-YTW : 9.12 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 15.60
\nEvaluated at bid price : 15.60
\nBid-YTW : 8.92 %<\/td>\n<\/tr>\n
ELF.PR.H<\/td>\nPerpetual-Discount<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 6.47 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 19.62
\nEvaluated at bid price : 19.62
\nBid-YTW : 6.72 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 17.55
\nEvaluated at bid price : 17.55
\nBid-YTW : 6.48 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 17.51
\nEvaluated at bid price : 17.51
\nBid-YTW : 6.49 %<\/td>\n<\/tr>\n
BAM.PF.D<\/td>\nPerpetual-Discount<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 19.10
\nEvaluated at bid price : 19.10
\nBid-YTW : 6.48 %<\/td>\n<\/tr>\n
BAM.PF.J<\/td>\nFixedReset Disc<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 22.40
\nEvaluated at bid price : 23.25
\nBid-YTW : 7.20 %<\/td>\n<\/tr>\n
BMO.PR.F<\/td>\nFixedReset Disc<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 23.36
\nEvaluated at bid price : 23.76
\nBid-YTW : 7.35 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 17.75
\nEvaluated at bid price : 17.75
\nBid-YTW : 7.93 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nPerpetual-Discount<\/td>\n2.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 22.11
\nEvaluated at bid price : 22.46
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n5.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 19.90
\nEvaluated at bid price : 19.90
\nBid-YTW : 7.30 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n8.86 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 6.11 %<\/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
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n494,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 10.89
\nEvaluated at bid price : 10.89
\nBid-YTW : 9.69 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n84,617<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 11.00
\nEvaluated at bid price : 11.00
\nBid-YTW : 9.92 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n42,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 15.45
\nEvaluated at bid price : 15.45
\nBid-YTW : 9.12 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n36,850<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 13.91
\nEvaluated at bid price : 13.91
\nBid-YTW : 9.33 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Disc<\/td>\n27,450<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 22.81
\nEvaluated at bid price : 24.09
\nBid-YTW : 6.82 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n26,201<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 19.90
\nEvaluated at bid price : 19.90
\nBid-YTW : 7.32 %<\/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
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\nQuote: 18.60 – 21.90
\nSpot Rate : 3.3000
\nAverage : 2.2321<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 18.60
\nEvaluated at bid price : 18.60
\nBid-YTW : 7.55 %<\/td>\n<\/tr>\n

TRP.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 11.80 – 13.80
\nSpot Rate : 2.0000
\nAverage : 1.2023<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 11.80
\nEvaluated at bid price : 11.80
\nBid-YTW : 9.21 %<\/td>\n<\/tr>\n

SLF.PR.E<\/td>\nInsurance Straight<\/td>\nQuote: 17.57 – 19.30
\nSpot Rate : 1.7300
\nAverage : 1.1014<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 17.57
\nEvaluated at bid price : 17.57
\nBid-YTW : 6.47 %<\/td>\n<\/tr>\n

BAM.PR.X<\/td>\nFixedReset Disc<\/td>\nQuote: 15.70 – 17.70
\nSpot Rate : 2.0000
\nAverage : 1.4796<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 15.70
\nEvaluated at bid price : 15.70
\nBid-YTW : 8.27 %<\/td>\n<\/tr>\n

BAM.PF.I<\/td>\nFixedReset Disc<\/td>\nQuote: 21.04 – 21.98
\nSpot Rate : 0.9400
\nAverage : 0.5683<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 21.04
\nEvaluated at bid price : 21.04
\nBid-YTW : 8.13 %<\/td>\n<\/tr>\n

NA.PR.W<\/td>\nFixedReset Disc<\/td>\nQuote: 17.65 – 18.65
\nSpot Rate : 1.0000
\nAverage : 0.6473<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-12
\nMaturity Price : 17.65
\nEvaluated at bid price : 17.65
\nBid-YTW : 7.83 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

TXPR closed at 555.87, down 0.81% on the day. Volume today was 2.00-million, highest of the past 21 trading days. That’s close to an all-time low for the TXPR price index, barring the depths of …<\/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-44250","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/44250","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=44250"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/44250\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}