{"id":45014,"date":"2023-03-21T18:45:51","date_gmt":"2023-03-21T23:45:51","guid":{"rendered":"https:\/\/prefblog.com\/?p=45014"},"modified":"2023-03-21T18:45:51","modified_gmt":"2023-03-21T23:45:51","slug":"march-21-2023","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=45014","title":{"rendered":"March 21, 2023"},"content":{"rendered":"
\"\"<\/a><\/div>\n

TXPR closed at 549.00<\/a>, up 0.65% on the day. Volume today was 848,480, third-lowest of the past 21 trading days.<\/p>\n

CPD closed at 11.05<\/a>, up 1.56% on the day. Volume was 129,960, fourth-highest of the past 21 trading days.<\/p>\n

ZPR closed at 9.12<\/a>, up 1.56% on the day. Volume was 152,100, below the median of the past 21 trading days.<\/p>\n

Five-year Canada yields edged up to 3.00%<\/a> today.<\/p>\n

It was a good day all ’round<\/a>:<\/p>\n

Wall Street closed sharply higher on Tuesday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting on Wednesday with a 25-basis-point hike to its policy rate.<\/p>\n

All three major U.S. stock indexes were bright green as the session closed, with energy, consumer discretionary and financials enjoying the most sizable gains.<\/p>\n

Canada\u2019s benchmark stock index also rose, closing at its highest level in a week, helped by gains in energy and financial shares after domestic data showed consumer prices easing more than expected in February.
\n…<\/b>
\nFinancial markets have now priced in an 83.4% likelihood of a 25 basis-point rate hike, and a 16.6% probability that the central bank will leave its policy rate unchanged, according to CME\u2019s FedWatch tool.
\n…<\/b>
\nCredit markets are continuing to bet an interest rate cut at the Bank of Canada is only months away. While they are currently pricing in only about a 12% chance of a cut next month, they are positioned for at least a quarter-point cut this summer, according to Refinitiv Eikon data late Tuesday.
\n…<\/b>
\nShares of First Republic Bank soared by 29.5%, the company\u2019s biggest-ever one-day percentage jump as JPMorgan CEO Jamie Dimon leads talks with other big banks aimed at investing in the lender, according to the Wall Street Journal.<\/p><\/blockquote>\n

Canadian inflation is on the right path<\/a>:<\/p>\n

Canada\u2019s annual inflation rate cooled more than expected in February, as a drop in gas prices and softer growth in shelter costs helped bring the consumer price index to its lowest level since January 2022, Statistics Canada data showed on Tuesday.<\/p>\n

The annual inflation rate dropped to 5.2 per cent in February, beating economists\u2019 forecast that it would fall to 5.4 per cent from 5.9 per cent in January. The annual rate deceleration from January to February was the largest in the headline CPI since April 2020, Statscan said.<\/p>\n

Month-over-month, the consumer price index was up 0.4 per cent, again lower than a forecast 0.5 per cent gain.
\n…<\/b>
\nExcluding food and energy, prices rose 4.8 per cent compared with a rise of 4.9 per cent in January.<\/p><\/blockquote>\n

There’s talk of higher deposit insurance limits in the US<\/a>:<\/p>\n

Representative Ro Khanna, Democrat of California, and other lawmakers are in talks about introducing bipartisan legislation as early as this week that would temporarily increase the deposit cap on transaction accounts, which are used for activities like payroll, with an eye on smaller banks. Such a move would potentially reprise a playbook used during the 2008 financial crisis and authorized at the onset of the coronavirus pandemic in 2020 to prevent depositors from pulling their money out.<\/p>\n

Others, including Senator Elizabeth Warren, Democrat of Massachusetts, have suggested lifting the deposit cap altogether.
\n…<\/b>
\nMany lawmakers have yet to solidify their positions and some have openly opposed lifting the cap, so it is not clear that legislation adjusting it even temporarily would pass. While such a move could calm nervous depositors, it could have drawbacks, including removing a big disincentive for banks to take on too much risk.
\n…<\/b>
\nAnd in 2008, as panic coursed across Wall Street at the outset of the global financial crisis, the F.D.I.C. created a program that allowed for unlimited deposit insurance for transaction accounts that chose to join the program in exchange for an added fee.<\/p>\n

Peter Conti-Brown, a financial historian and a legal scholar at the University of Pennsylvania, said the 2010 Dodd Frank law ended the option for the agencies to temporarily insure larger transaction accounts the way they did in 2008.<\/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-0.1695 %<\/td>\n2,264.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1695 %<\/td>\n4,342.7<\/td>\n<\/tr>\n
Floater<\/td>\n9.95 %<\/td>\n9.41 %<\/td>\n64,111<\/td>\n10.06<\/td>\n2<\/td>\n-0.1695 %<\/td>\n2,502.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2246 %<\/td>\n3,294.1<\/td>\n<\/tr>\n
SplitShare<\/td>\n5.10 %<\/td>\n7.65 %<\/td>\n52,819<\/td>\n2.69<\/td>\n7<\/td>\n0.2246 %<\/td>\n3,933.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2246 %<\/td>\n3,069.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3189 %<\/td>\n2,754.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.19 %<\/td>\n6.32 %<\/td>\n60,918<\/td>\n13.36<\/td>\n35<\/td>\n0.3189 %<\/td>\n3,003.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.73 %<\/td>\n7.53 %<\/td>\n99,460<\/td>\n12.12<\/td>\n61<\/td>\n0.6831 %<\/td>\n2,144.7<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.15 %<\/td>\n6.25 %<\/td>\n75,115<\/td>\n13.60<\/td>\n20<\/td>\n0.2167 %<\/td>\n2,922.0<\/td>\n<\/tr>\n
FloatingReset<\/td>\n9.92 %<\/td>\n10.29 %<\/td>\n33,501<\/td>\n9.35<\/td>\n2<\/td>\n0.4241 %<\/td>\n2,498.3<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.65 %<\/td>\n6.52 %<\/td>\n241,647<\/td>\n12.72<\/td>\n2<\/td>\n0.1599 %<\/td>\n2,325.6<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.6831 %<\/td>\n2,192.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.63 %<\/td>\n7.14 %<\/td>\n83,851<\/td>\n12.37<\/td>\n13<\/td>\n0.7016 %<\/td>\n2,342.3<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n-7.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 14.00
\nEvaluated at bid price : 14.00
\nBid-YTW : 9.36 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-4.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 17.25
\nEvaluated at bid price : 17.25
\nBid-YTW : 7.87 %<\/td>\n<\/tr>\n
BIP.PR.B<\/td>\nFixedReset Disc<\/td>\n-2.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 21.61
\nEvaluated at bid price : 22.03
\nBid-YTW : 8.11 %<\/td>\n<\/tr>\n
CM.PR.T<\/td>\nFixedReset Disc<\/td>\n-2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 22.55
\nEvaluated at bid price : 23.04
\nBid-YTW : 6.82 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 16.61
\nEvaluated at bid price : 16.61
\nBid-YTW : 7.82 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 19.32
\nEvaluated at bid price : 19.32
\nBid-YTW : 6.25 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 12.79
\nEvaluated at bid price : 12.79
\nBid-YTW : 7.75 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 7.13 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Disc<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 17.55
\nEvaluated at bid price : 17.55
\nBid-YTW : 7.34 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 7.48 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset Disc<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 6.89 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 16.72
\nEvaluated at bid price : 16.72
\nBid-YTW : 7.14 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 18.79
\nEvaluated at bid price : 18.79
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 16.85
\nEvaluated at bid price : 16.85
\nBid-YTW : 7.64 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 16.80
\nEvaluated at bid price : 16.80
\nBid-YTW : 8.13 %<\/td>\n<\/tr>\n
TD.PF.M<\/td>\nFixedReset Disc<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 23.72
\nEvaluated at bid price : 24.15
\nBid-YTW : 6.74 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 17.26
\nEvaluated at bid price : 17.26
\nBid-YTW : 7.54 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 17.26
\nEvaluated at bid price : 17.26
\nBid-YTW : 7.77 %<\/td>\n<\/tr>\n
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n1.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 20.52
\nEvaluated at bid price : 20.52
\nBid-YTW : 6.95 %<\/td>\n<\/tr>\n
PVS.PR.K<\/td>\nSplitShare<\/td>\n1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2029-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.20
\nBid-YTW : 7.65 %<\/td>\n<\/tr>\n
TD.PF.L<\/td>\nFixedReset Disc<\/td>\n1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 23.49
\nEvaluated at bid price : 24.00
\nBid-YTW : 6.52 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n1.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 20.34
\nEvaluated at bid price : 20.34
\nBid-YTW : 6.74 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n1.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 18.50
\nEvaluated at bid price : 18.50
\nBid-YTW : 6.19 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 16.50
\nEvaluated at bid price : 16.50
\nBid-YTW : 7.77 %<\/td>\n<\/tr>\n
BMO.PR.F<\/td>\nFixedReset Disc<\/td>\n1.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 23.46
\nEvaluated at bid price : 23.95
\nBid-YTW : 6.74 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n1.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 17.40
\nEvaluated at bid price : 17.40
\nBid-YTW : 7.42 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n1.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 21.46
\nEvaluated at bid price : 21.75
\nBid-YTW : 6.46 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n2.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 16.77
\nEvaluated at bid price : 16.77
\nBid-YTW : 7.63 %<\/td>\n<\/tr>\n
BN.PF.I<\/td>\nFixedReset Disc<\/td>\n2.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 20.62
\nEvaluated at bid price : 20.62
\nBid-YTW : 7.85 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n2.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 17.28
\nEvaluated at bid price : 17.28
\nBid-YTW : 7.45 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Disc<\/td>\n2.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 20.01
\nEvaluated at bid price : 20.01
\nBid-YTW : 7.05 %<\/td>\n<\/tr>\n
BN.PF.A<\/td>\nFixedReset Disc<\/td>\n2.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 19.45
\nEvaluated at bid price : 19.45
\nBid-YTW : 7.59 %<\/td>\n<\/tr>\n
CU.PR.I<\/td>\nFixedReset Disc<\/td>\n2.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.06
\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n2.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 7.56 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Disc<\/td>\n2.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 20.24
\nEvaluated at bid price : 20.24
\nBid-YTW : 6.67 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n2.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 17.85
\nEvaluated at bid price : 17.85
\nBid-YTW : 7.45 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n2.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 21.48
\nEvaluated at bid price : 21.79
\nBid-YTW : 6.62 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n2.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 7.67 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n3.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 15.80
\nEvaluated at bid price : 15.80
\nBid-YTW : 8.47 %<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\n3.86 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 21.55
\nEvaluated at bid price : 21.55
\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n4.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 18.18
\nEvaluated at bid price : 18.18
\nBid-YTW : 7.45 %<\/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
NA.PR.C<\/td>\nFixedReset Prem<\/td>\n55,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 23.29
\nEvaluated at bid price : 25.31
\nBid-YTW : 6.52 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n25,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 17.34
\nEvaluated at bid price : 17.34
\nBid-YTW : 7.48 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n25,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 18.18
\nEvaluated at bid price : 18.18
\nBid-YTW : 7.45 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n25,176<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 17.85
\nEvaluated at bid price : 17.85
\nBid-YTW : 7.45 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n23,975<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 14.00
\nEvaluated at bid price : 14.00
\nBid-YTW : 9.36 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n23,656<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 16.61
\nEvaluated at bid price : 16.61
\nBid-YTW : 7.82 %<\/td>\n<\/tr>\n
There were 8 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: 16.77 – 24.95
\nSpot Rate : 8.1800
\nAverage : 6.5328<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 16.77
\nEvaluated at bid price : 16.77
\nBid-YTW : 7.63 %<\/td>\n<\/tr>\n

PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.00 – 25.50
\nSpot Rate : 3.5000
\nAverage : 1.8962<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 21.75
\nEvaluated at bid price : 22.00
\nBid-YTW : 6.35 %<\/td>\n<\/tr>\n

TRP.PR.E<\/td>\nFixedReset Disc<\/td>\nQuote: 14.00 – 17.45
\nSpot Rate : 3.4500
\nAverage : 2.0879<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 14.00
\nEvaluated at bid price : 14.00
\nBid-YTW : 9.36 %<\/td>\n<\/tr>\n

CM.PR.Q<\/td>\nFixedReset Disc<\/td>\nQuote: 17.90 – 20.50
\nSpot Rate : 2.6000
\nAverage : 1.7182<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 17.90
\nEvaluated at bid price : 17.90
\nBid-YTW : 7.52 %<\/td>\n<\/tr>\n

GWO.PR.T<\/td>\nInsurance Straight<\/td>\nQuote: 20.60 – 22.40
\nSpot Rate : 1.8000
\nAverage : 1.0556<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n

MIC.PR.A<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.85 – 21.05
\nSpot Rate : 1.2000
\nAverage : 0.7624<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-03-21
\nMaturity Price : 19.85
\nEvaluated at bid price : 19.85
\nBid-YTW : 6.84 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

TXPR closed at 549.00, up 0.65% on the day. Volume today was 848,480, third-lowest of the past 21 trading days. CPD closed at 11.05, up 1.56% on the day. Volume was 129,960, fourth-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-45014","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/45014","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=45014"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/45014\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}