{"id":44860,"date":"2023-02-21T22:23:12","date_gmt":"2023-02-22T03:23:12","guid":{"rendered":"https:\/\/prefblog.com\/?p=44860"},"modified":"2023-02-21T22:23:12","modified_gmt":"2023-02-22T03:23:12","slug":"february-21-2023","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=44860","title":{"rendered":"February 21, 2023"},"content":{"rendered":"

\"\"<\/a><\/p>\n

TXPR closed at 576.56<\/a>, down 0.73% on the day. Volume today was 1.51-million, second-highest of the past 21 trading days.<\/p>\n

CPD closed at 11.56<\/a>, down 0.26% on the day. Volume was 157,140, second-highest of the past 21 trading days.<\/p>\n

ZPR closed at 9.54<\/a>, down 0.94% on the day. Volume was 440,170, highest of the past 21 trading days.<\/p>\n

Five-year Canada yields were were up sharply to 3.62%<\/a> today.<\/p>\n

The pundits have, as always, a glib explanation<\/a>:<\/p>\n

U.S. and Canadian stocks posted their worst performance of the year on Tuesday, with the main benchmarks ending down as investors interpreted a rebound in U.S. business activity in February to mean interest rates will need to stay higher for longer to control inflation.<\/p>\n

For the S&P\/TSX Composite Index, S&P 500 and Nasdaq Composite, it was their third session in a row closing lower, while the decline in the Dow Jones Industrial wiped out its gains for 2023.<\/p>\n

The falls came after the S&P Global Purchasing Manufacturer\u2019s index, which reflects business activity in the United States, returned to expansion for the first time in eight months in February. The 50.2 reading, up from 46.8 in January, was buoyed by a robust services sector, according to a survey.<\/p>\n

The report added to a recent slew of economic data which has painted a picture of a resilient economy, which continues to perform against a backdrop of multiple rate-rises by the central bank in 2022 aimed at tamping down inflation.<\/p>\n

With inflation still far from the Fed\u2019s 2% target, and the economy retaining much of its vigor, money market participants have been revising upwards where they see the Fed fund rates peaking – currently at 5.35% in July and staying near those levels throughout the year.<\/p><\/blockquote>\n

And Canadian inflation was … OK<\/a>:<\/p>\n

Canada\u2019s annual inflation rate eased more than expected to 5.9 per cent in January due to a so-called base-year effect, even as food and mortgage interest costs continued to soar, Statistics Canada data showed on Tuesday.<\/p>\n

Analysts polled by Reuters had expected annual inflation to edge down to 6.1 per cent from 6.3 per cent in December. Month over month, the consumer price index was up 0.5 per cent, again lower than analysts\u2019 forecast of a 0.7 per cent gain after a 0.6 per cent decline in December.<\/p>\n

Statscan noted that the annual rate was impacted by downward pressure from the base-year effect of January 2022, when prices had risen amid Russia-Ukraine tensions as well as supply chain disruptions.
\n…<\/b>
\nMortgage interest costs rose 21.2 per cent annually in January, the largest increase since 1982, while food prices rose 10.4 per cent, slightly faster than the 10.1 per cent in December.<\/p>\n

The average of two of the central bank\u2019s core measures of underlying inflation, CPI-median and CPI-trim, came in at 5.1 per cent compared with 5.3 per cent in December.<\/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-0.0373 %<\/td>\n2,575.6<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0373 %<\/td>\n4,940.0<\/td>\n<\/tr>\n
Floater<\/td>\n8.75 %<\/td>\n8.93 %<\/td>\n61,483<\/td>\n10.37<\/td>\n2<\/td>\n-0.0373 %<\/td>\n2,846.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.5423 %<\/td>\n3,376.9<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.98 %<\/td>\n6.78 %<\/td>\n57,157<\/td>\n2.78<\/td>\n7<\/td>\n-1.5423 %<\/td>\n4,032.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.5423 %<\/td>\n3,146.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.5626 %<\/td>\n2,783.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.13 %<\/td>\n6.22 %<\/td>\n71,776<\/td>\n13.54<\/td>\n37<\/td>\n-0.5626 %<\/td>\n3,035.4<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.35 %<\/td>\n7.62 %<\/td>\n88,373<\/td>\n11.84<\/td>\n59<\/td>\n-0.4926 %<\/td>\n2,281.9<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.02 %<\/td>\n6.18 %<\/td>\n92,532<\/td>\n13.58<\/td>\n20<\/td>\n-0.7808 %<\/td>\n2,981.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n9.75 %<\/td>\n10.23 %<\/td>\n38,823<\/td>\n9.27<\/td>\n2<\/td>\n0.6841 %<\/td>\n2,628.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.44 %<\/td>\n6.50 %<\/td>\n200,151<\/td>\n4.00<\/td>\n2<\/td>\n-0.6949 %<\/td>\n2,358.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.4926 %<\/td>\n2,332.5<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.22 %<\/td>\n7.16 %<\/td>\n48,504<\/td>\n12.26<\/td>\n14<\/td>\n-0.0115 %<\/td>\n2,472.5<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
IAF.PR.B<\/td>\nInsurance Straight<\/td>\n-2.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n-2.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 19.21
\nEvaluated at bid price : 19.21
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
RY.PR.N<\/td>\nPerpetual-Discount<\/td>\n-2.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 21.97
\nEvaluated at bid price : 21.97
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
BN.PR.X<\/td>\nFixedReset Disc<\/td>\n-2.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 16.18
\nEvaluated at bid price : 16.18
\nBid-YTW : 8.12 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n-2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 18.74
\nEvaluated at bid price : 18.74
\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n-2.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 19.77
\nEvaluated at bid price : 19.77
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n-2.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 19.14
\nEvaluated at bid price : 19.14
\nBid-YTW : 7.55 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n-2.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n-2.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 21.26
\nEvaluated at bid price : 21.26
\nBid-YTW : 6.25 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n-2.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 18.49
\nEvaluated at bid price : 18.49
\nBid-YTW : 7.62 %<\/td>\n<\/tr>\n
BN.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 15.35
\nEvaluated at bid price : 15.35
\nBid-YTW : 8.75 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n-1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 18.55
\nEvaluated at bid price : 18.55
\nBid-YTW : 6.14 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n-1.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 17.56
\nEvaluated at bid price : 17.56
\nBid-YTW : 8.02 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n-1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 19.16
\nEvaluated at bid price : 19.16
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 20.30
\nEvaluated at bid price : 20.30
\nBid-YTW : 7.32 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n-1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 18.69
\nEvaluated at bid price : 18.69
\nBid-YTW : 7.93 %<\/td>\n<\/tr>\n
BN.PF.A<\/td>\nFixedReset Disc<\/td>\n-1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 7.72 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n-1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 7.61 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n-1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 18.13
\nEvaluated at bid price : 18.13
\nBid-YTW : 7.89 %<\/td>\n<\/tr>\n
RY.PR.O<\/td>\nPerpetual-Discount<\/td>\n-1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 21.72
\nEvaluated at bid price : 22.17
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n-1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 7.54 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 17.69
\nEvaluated at bid price : 17.69
\nBid-YTW : 7.93 %<\/td>\n<\/tr>\n
IFC.PR.K<\/td>\nPerpetual-Discount<\/td>\n-1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 6.22 %<\/td>\n<\/tr>\n
BIK.PR.A<\/td>\nFixedReset Prem<\/td>\n-1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 23.94
\nEvaluated at bid price : 24.40
\nBid-YTW : 7.73 %<\/td>\n<\/tr>\n
CIU.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 18.85
\nEvaluated at bid price : 18.85
\nBid-YTW : 6.14 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 7.34 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n-1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 7.87 %<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n-1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 6.19 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n-1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 19.93
\nEvaluated at bid price : 19.93
\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 21.72
\nEvaluated at bid price : 21.72
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 18.11
\nEvaluated at bid price : 18.11
\nBid-YTW : 7.82 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 18.17
\nEvaluated at bid price : 18.17
\nBid-YTW : 7.95 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 21.32
\nEvaluated at bid price : 21.32
\nBid-YTW : 6.27 %<\/td>\n<\/tr>\n
EIT.PR.A<\/td>\nSplitShare<\/td>\n-1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Soft Maturity
\nMaturity Date\t: 2024-03-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.55
\nBid-YTW : 7.54 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 18.58
\nEvaluated at bid price : 18.58
\nBid-YTW : 7.79 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 17.60
\nEvaluated at bid price : 17.60
\nBid-YTW : 8.46 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 17.65
\nEvaluated at bid price : 17.65
\nBid-YTW : 8.02 %<\/td>\n<\/tr>\n
PWF.PR.O<\/td>\nPerpetual-Discount<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 23.03
\nEvaluated at bid price : 23.30
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 12.10
\nEvaluated at bid price : 12.10
\nBid-YTW : 9.19 %<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 13.24
\nEvaluated at bid price : 13.24
\nBid-YTW : 8.57 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 11.71
\nEvaluated at bid price : 11.71
\nBid-YTW : 9.27 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 21.33
\nEvaluated at bid price : 21.33
\nBid-YTW : 7.33 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n-1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 18.80
\nEvaluated at bid price : 18.80
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 21.26
\nEvaluated at bid price : 21.26
\nBid-YTW : 6.23 %<\/td>\n<\/tr>\n
BN.PR.N<\/td>\nPerpetual-Discount<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 18.80
\nEvaluated at bid price : 18.80
\nBid-YTW : 6.44 %<\/td>\n<\/tr>\n
ELF.PR.G<\/td>\nPerpetual-Discount<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 19.30
\nEvaluated at bid price : 19.30
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 12.58
\nEvaluated at bid price : 12.58
\nBid-YTW : 8.50 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 18.53
\nEvaluated at bid price : 18.53
\nBid-YTW : 7.94 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 20.55
\nEvaluated at bid price : 20.55
\nBid-YTW : 6.19 %<\/td>\n<\/tr>\n
POW.PR.G<\/td>\nPerpetual-Discount<\/td>\n-1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 22.41
\nEvaluated at bid price : 22.67
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 19.21
\nEvaluated at bid price : 19.21
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.75
\nBid-YTW : 7.16 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Disc<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 21.79
\nEvaluated at bid price : 22.25
\nBid-YTW : 7.13 %<\/td>\n<\/tr>\n
BN.PF.D<\/td>\nPerpetual-Discount<\/td>\n1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 6.32 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 21.30
\nEvaluated at bid price : 21.30
\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 17.90
\nEvaluated at bid price : 17.90
\nBid-YTW : 7.83 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n2.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 19.05
\nEvaluated at bid price : 19.05
\nBid-YTW : 6.35 %<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Disc<\/td>\n2.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 16.82
\nEvaluated at bid price : 16.82
\nBid-YTW : 8.85 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n2.78 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 21.73
\nEvaluated at bid price : 22.15
\nBid-YTW : 7.01 %<\/td>\n<\/tr>\n
POW.PR.B<\/td>\nPerpetual-Discount<\/td>\n2.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 21.56
\nEvaluated at bid price : 21.82
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n3.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 21.66
\nEvaluated at bid price : 21.91
\nBid-YTW : 6.26 %<\/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
FTS.PR.G<\/td>\nFixedReset Disc<\/td>\n67,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 18.40
\nEvaluated at bid price : 18.40
\nBid-YTW : 7.78 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n56,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 17.85
\nEvaluated at bid price : 17.85
\nBid-YTW : 7.90 %<\/td>\n<\/tr>\n
BN.PR.Z<\/td>\nFixedReset Disc<\/td>\n38,505<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 21.46
\nEvaluated at bid price : 21.75
\nBid-YTW : 7.49 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n33,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 17.75
\nEvaluated at bid price : 17.75
\nBid-YTW : 7.94 %<\/td>\n<\/tr>\n
CU.PR.I<\/td>\nFixedReset Disc<\/td>\n31,385<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.95
\nBid-YTW : 4.56 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n27,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.75
\nBid-YTW : 7.16 %<\/td>\n<\/tr>\n
There were 18 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.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.65 – 18.99
\nSpot Rate : 1.3400
\nAverage : 0.9607<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 17.65
\nEvaluated at bid price : 17.65
\nBid-YTW : 8.02 %<\/td>\n<\/tr>\n

GWO.PR.R<\/td>\nInsurance Straight<\/td>\nQuote: 19.77 – 20.60
\nSpot Rate : 0.8300
\nAverage : 0.4785<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 19.77
\nEvaluated at bid price : 19.77
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n

MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\nQuote: 18.17 – 20.45
\nSpot Rate : 2.2800
\nAverage : 1.9464<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 18.17
\nEvaluated at bid price : 18.17
\nBid-YTW : 7.95 %<\/td>\n<\/tr>\n

MFC.PR.B<\/td>\nInsurance Straight<\/td>\nQuote: 19.75 – 20.75
\nSpot Rate : 1.0000
\nAverage : 0.6789<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n

POW.PR.C<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.02 – 24.40
\nSpot Rate : 1.3800
\nAverage : 1.0992<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 22.73
\nEvaluated at bid price : 23.02
\nBid-YTW : 6.38 %<\/td>\n<\/tr>\n

BN.PR.X<\/td>\nFixedReset Disc<\/td>\nQuote: 16.18 – 17.00
\nSpot Rate : 0.8200
\nAverage : 0.5681<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-02-21
\nMaturity Price : 16.18
\nEvaluated at bid price : 16.18
\nBid-YTW : 8.12 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

TXPR closed at 576.56, down 0.73% on the day. Volume today was 1.51-million, second-highest of the past 21 trading days. CPD closed at 11.56, down 0.26% on the day. Volume was 157,140, second-highest of the …<\/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-44860","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/44860","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=44860"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/44860\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}