{"id":44294,"date":"2022-10-24T19:59:38","date_gmt":"2022-10-25T00:59:38","guid":{"rendered":"https:\/\/prefblog.com\/?p=44294"},"modified":"2022-10-24T19:59:38","modified_gmt":"2022-10-25T00:59:38","slug":"october-24-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=44294","title":{"rendered":"October 24, 2022"},"content":{"rendered":"
\"\"<\/a><\/div>\n

TXPR closed at 563.92<\/a>, down 0.79% on the day. Volume today was 925,210, fourth-lowest of the past 21 trading days. The decline is a little over half of Friday’s gain … it would be interesting to work out the transaction costs of the accounts that were buying late on Friday. Say, 3-million shares extra, 0.75% peak market impact, $20\/share … say, up to $450,000? And commission on top of that?<\/p>\n

CPD closed at 11.20<\/a>, down 0.53% on the day. Volume was 67,110, fourth-lowest of the past 21 trading days.<\/p>\n

ZPR closed at 9.39<\/a>, down 0.53% on the day. Volume was 252,790, third-highest of the past 21 trading days.<\/p>\n

Five-year Canada yields were down slightly to 3.75%<\/a> today.<\/p>\n

Rishi Sunak will be the next UK PM<\/a>:<\/p>\n

He\u2019s got a glittering r\u00e9sum\u00e9, billionaire in-laws and enjoyed a meteoric rise in politics. But Rishi Sunak, the man about to become Britain\u2019s next prime minister, remains something of a mystery to many in the country.<\/p>\n

Mr. Sunak, 42, was acclaimed Conservative Party Leader on Monday and he\u2019ll formally take over as prime minister on Tuesday, replacing Liz Truss who resigned after just 45 days in office. He\u2019ll make history as Britain\u2019s first person of Indian origin to hold the post and the youngest in more than 200 years. He\u2019ll also be the country\u2019s third prime minister in seven weeks.
\n…<\/b>
\nMr. Sunak\u2019s victory comes with a certain amount of vindication. He finished second to Ms. Truss in a bruising leadership campaign this summer that pitted his experience as Chancellor of the Exchequer against her free-market ideology. Mr. Sunak tried to be the voice of reason during the race and he criticized Ms. Truss\u2019s pledge to slash taxes as a \u201cfairy tale.\u201d<\/p>\n

In the end, Ms. Truss proved Mr. Sunak\u2019s point by introducing a tax-cutting mini-budget that caused so much financial turmoil that Conservative members of Parliament moved quickly to force her out.<\/p><\/blockquote>\n

So we’ll see how that turns out. In the meantime, have a look at an American reaction to the Truss budget<\/a>, courtesy of Fox News.<\/p>\n

Speaking of quick flameouts, the OSC has a job opening<\/a>:<\/p>\n

Heather Zordel, the new chair of the recently restructured Ontario Securities Commission has resigned, just seven months after she was appointed to lead the board of Canada\u2019s largest securities regulator.<\/p>\n

Ms. Zordel, a Bay Street lawyer, was appointed in March by the Progressive Conservative government of Ontario Premier Doug Ford, immediately prompting two high-profile board resignations in protest.
\n…<\/b>
\nBut when Ms. Zordel\u2019s appointment was announced in March, it immediately caused a stir. Ms. Zordel had a previous, contentious term as a commissioner between 2019 and 2021, which ended not long after a majority of commissioner peers recommended against her reappointment. Her elevation to chair a little more than a year later prompted two sitting commissioners \u2013 lead director Lorie Haber and Craig Hayman, the chair of the OSC\u2019s governance and nominating committee \u2013 to resign in protest.<\/p>\n

She has also been criticized by investor protection advocates for some of the views she espoused in two decisions she worked on during her first stint with the OSC.<\/p>\n

In both cases, she was part of a three-person adjudicative panel, but dissented, in part, from the majority. Her dissents were two of just three dissents in OSC enforcement proceedings over the past decade, according to the regulator\u2019s records.<\/p>\n

In her dissents, Ms. Zordel differed from the other two members of each adjudicative panel on several core issues in securities law. Those issues include what constitutes material, non-public information (MNPI), which can lead to illegal insider trading. She also disagreed with other panelists about how much leeway an investment fund has to deviate from its offering memoranda before its actions become fraudulent.<\/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>\n1.0204 %<\/td>\n2,378.6<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.0204 %<\/td>\n4,562.1<\/td>\n<\/tr>\n
Floater<\/td>\n7.71 %<\/td>\n7.74 %<\/td>\n52,728<\/td>\n11.64<\/td>\n2<\/td>\n1.0204 %<\/td>\n2,629.2<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2346 %<\/td>\n3,312.0<\/td>\n<\/tr>\n
SplitShare<\/td>\n5.07 %<\/td>\n7.21 %<\/td>\n39,994<\/td>\n3.02<\/td>\n7<\/td>\n-0.2346 %<\/td>\n3,955.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2346 %<\/td>\n3,086.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1219 %<\/td>\n2,605.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.54 %<\/td>\n6.63 %<\/td>\n73,438<\/td>\n13.03<\/td>\n33<\/td>\n0.1219 %<\/td>\n2,840.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.25 %<\/td>\n7.58 %<\/td>\n93,417<\/td>\n12.20<\/td>\n63<\/td>\n0.4852 %<\/td>\n2,280.8<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.52 %<\/td>\n6.63 %<\/td>\n81,061<\/td>\n12.99<\/td>\n19<\/td>\n0.0637 %<\/td>\n2,759.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n9.30 %<\/td>\n9.66 %<\/td>\n40,494<\/td>\n9.79<\/td>\n2<\/td>\n0.1947 %<\/td>\n2,506.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4852 %<\/td>\n2,413.9<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4852 %<\/td>\n2,331.4<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.44 %<\/td>\n7.89 %<\/td>\n55,145<\/td>\n11.74<\/td>\n14<\/td>\n0.1108 %<\/td>\n2,310.1<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n-4.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 18.81
\nEvaluated at bid price : 18.81
\nBid-YTW : 6.89 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n-3.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 15.75
\nEvaluated at bid price : 15.75
\nBid-YTW : 9.45 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n-1.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 7.51 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n-1.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 17.30
\nEvaluated at bid price : 17.30
\nBid-YTW : 6.59 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n-1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 18.33
\nEvaluated at bid price : 18.33
\nBid-YTW : 8.14 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 17.49
\nEvaluated at bid price : 17.49
\nBid-YTW : 6.56 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 17.25
\nEvaluated at bid price : 17.25
\nBid-YTW : 6.62 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 21.22
\nEvaluated at bid price : 21.22
\nBid-YTW : 7.43 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 20.05
\nEvaluated at bid price : 20.05
\nBid-YTW : 7.89 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 17.70
\nEvaluated at bid price : 17.70
\nBid-YTW : 8.92 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 19.25
\nEvaluated at bid price : 19.25
\nBid-YTW : 7.73 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 17.03
\nEvaluated at bid price : 17.03
\nBid-YTW : 8.76 %<\/td>\n<\/tr>\n
RY.PR.O<\/td>\nPerpetual-Discount<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 19.71
\nEvaluated at bid price : 19.71
\nBid-YTW : 6.34 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 19.58
\nEvaluated at bid price : 19.58
\nBid-YTW : 6.66 %<\/td>\n<\/tr>\n
BAM.PF.C<\/td>\nPerpetual-Discount<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 18.56
\nEvaluated at bid price : 18.56
\nBid-YTW : 6.62 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 19.42
\nEvaluated at bid price : 19.42
\nBid-YTW : 7.49 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 12.75
\nEvaluated at bid price : 12.75
\nBid-YTW : 8.87 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 21.96
\nEvaluated at bid price : 22.50
\nBid-YTW : 7.14 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 15.07
\nEvaluated at bid price : 15.07
\nBid-YTW : 9.27 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 14.67
\nEvaluated at bid price : 14.67
\nBid-YTW : 9.08 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 7.56 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset Disc<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 17.15
\nEvaluated at bid price : 17.15
\nBid-YTW : 8.62 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 7.90 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 19.35
\nEvaluated at bid price : 19.35
\nBid-YTW : 6.52 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 20.33
\nEvaluated at bid price : 20.33
\nBid-YTW : 8.17 %<\/td>\n<\/tr>\n
RY.PR.N<\/td>\nPerpetual-Discount<\/td>\n1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 6.33 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 18.95
\nEvaluated at bid price : 18.95
\nBid-YTW : 7.63 %<\/td>\n<\/tr>\n
CU.PR.I<\/td>\nFixedReset Disc<\/td>\n1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.20
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 18.15
\nEvaluated at bid price : 18.15
\nBid-YTW : 6.67 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 19.30
\nEvaluated at bid price : 19.30
\nBid-YTW : 6.56 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Disc<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 23.57
\nEvaluated at bid price : 24.73
\nBid-YTW : 6.82 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 21.60
\nEvaluated at bid price : 21.96
\nBid-YTW : 7.69 %<\/td>\n<\/tr>\n
BAM.PF.H<\/td>\nFixedReset Disc<\/td>\n1.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.78
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
BAM.PF.J<\/td>\nFixedReset Disc<\/td>\n1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 23.05
\nEvaluated at bid price : 24.10
\nBid-YTW : 7.11 %<\/td>\n<\/tr>\n
BAM.PF.I<\/td>\nFixedReset Disc<\/td>\n1.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 21.80
\nEvaluated at bid price : 22.20
\nBid-YTW : 7.84 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n1.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 17.10
\nEvaluated at bid price : 17.10
\nBid-YTW : 6.62 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 12.50
\nEvaluated at bid price : 12.50
\nBid-YTW : 7.74 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n2.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 16.01
\nEvaluated at bid price : 16.01
\nBid-YTW : 9.03 %<\/td>\n<\/tr>\n
IAF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n2.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 21.10
\nEvaluated at bid price : 21.10
\nBid-YTW : 7.72 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n2.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 17.90
\nEvaluated at bid price : 17.90
\nBid-YTW : 8.69 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n7.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 16.15
\nEvaluated at bid price : 16.15
\nBid-YTW : 8.99 %<\/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
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n53,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 7.90 %<\/td>\n<\/tr>\n
POW.PR.C<\/td>\nPerpetual-Discount<\/td>\n38,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 22.55
\nEvaluated at bid price : 22.80
\nBid-YTW : 6.41 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n31,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 19.13
\nEvaluated at bid price : 19.13
\nBid-YTW : 7.53 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n23,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 17.70
\nEvaluated at bid price : 17.70
\nBid-YTW : 8.92 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Disc<\/td>\n23,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 23.57
\nEvaluated at bid price : 24.73
\nBid-YTW : 6.82 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n21,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 19.35
\nEvaluated at bid price : 19.35
\nBid-YTW : 6.52 %<\/td>\n<\/tr>\n
There were 7 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.F<\/td>\nFixedReset Ins Non<\/td>\nQuote: 12.60 – 17.00
\nSpot Rate : 4.4000
\nAverage : 2.4783<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 12.60
\nEvaluated at bid price : 12.60
\nBid-YTW : 8.82 %<\/td>\n<\/tr>\n

MIC.PR.A<\/td>\nPerpetual-Discount<\/td>\nQuote: 18.50 – 28.99
\nSpot Rate : 10.4900
\nAverage : 8.6056<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 18.50
\nEvaluated at bid price : 18.50
\nBid-YTW : 7.40 %<\/td>\n<\/tr>\n

IFC.PR.K<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.00 – 23.45
\nSpot Rate : 2.4500
\nAverage : 1.5056<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 6.33 %<\/td>\n<\/tr>\n

BMO.PR.W<\/td>\nFixedReset Disc<\/td>\nQuote: 19.13 – 21.90
\nSpot Rate : 2.7700
\nAverage : 1.8480<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 19.13
\nEvaluated at bid price : 19.13
\nBid-YTW : 7.53 %<\/td>\n<\/tr>\n

BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\nQuote: 18.50 – 20.00
\nSpot Rate : 1.5000
\nAverage : 1.0142<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 18.50
\nEvaluated at bid price : 18.50
\nBid-YTW : 6.50 %<\/td>\n<\/tr>\n

PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\nQuote: 18.81 – 20.40
\nSpot Rate : 1.5900
\nAverage : 1.2054<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-24
\nMaturity Price : 18.81
\nEvaluated at bid price : 18.81
\nBid-YTW : 6.89 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

TXPR closed at 563.92, down 0.79% on the day. Volume today was 925,210, fourth-lowest of the past 21 trading days. The decline is a little over half of Friday’s gain … it would be interesting …<\/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-44294","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/44294","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=44294"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/44294\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}