{"id":45520,"date":"2023-07-25T22:24:04","date_gmt":"2023-07-26T03:24:04","guid":{"rendered":"https:\/\/prefblog.com\/?p=45520"},"modified":"2023-07-25T22:24:04","modified_gmt":"2023-07-26T03:24:04","slug":"july-25-2023","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=45520","title":{"rendered":"July 25, 2023"},"content":{"rendered":"
\"\"<\/a><\/div>\n

TXPR closed at 531.51<\/a>, down 0.88% on the day. Volume today was 1.49-million, fourth-highest of the past 21 trading days.<\/p>\n

CPD closed at 10.57<\/a>, down 0.75% on the day. Volume was 78,270, highest of the past 21 trading days.<\/p>\n

ZPR closed at 8.92<\/a>, down 0.45% on the day. Volume was 94,010, below the median of the past 21 trading days.<\/p>\n

Five-year Canada yields were up to 3.97%<\/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>\n1.8026 %<\/td>\n2,291.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.8026 %<\/td>\n4,394.1<\/td>\n<\/tr>\n
Floater<\/td>\n10.62 %<\/td>\n10.84 %<\/td>\n48,894<\/td>\n8.89<\/td>\n1<\/td>\n1.8026 %<\/td>\n2,532.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0918 %<\/td>\n3,364.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n5.01 %<\/td>\n7.37 %<\/td>\n49,260<\/td>\n2.39<\/td>\n7<\/td>\n0.0918 %<\/td>\n4,018.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0918 %<\/td>\n3,135.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2598 %<\/td>\n2,557.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.66 %<\/td>\n6.81 %<\/td>\n48,618<\/td>\n12.79<\/td>\n28<\/td>\n-0.2598 %<\/td>\n2,789.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.79 %<\/td>\n8.48 %<\/td>\n86,684<\/td>\n11.13<\/td>\n64<\/td>\n-0.4575 %<\/td>\n2,156.1<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.59 %<\/td>\n6.70 %<\/td>\n55,926<\/td>\n12.89<\/td>\n19<\/td>\n-0.1423 %<\/td>\n2,730.0<\/td>\n<\/tr>\n
FloatingReset<\/td>\n11.40 %<\/td>\n11.14 %<\/td>\n37,111<\/td>\n8.68<\/td>\n2<\/td>\n-0.0336 %<\/td>\n2,417.9<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n7.02 %<\/td>\n6.97 %<\/td>\n268,818<\/td>\n3.71<\/td>\n1<\/td>\n-0.3586 %<\/td>\n2,300.8<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.4575 %<\/td>\n2,203.9<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n6.20 %<\/td>\n7.94 %<\/td>\n59,960<\/td>\n11.57<\/td>\n11<\/td>\n0.6109 %<\/td>\n2,313.0<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-4.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 13.50
\nEvaluated at bid price : 13.50
\nBid-YTW : 10.35 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n-2.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 17.30
\nEvaluated at bid price : 17.30
\nBid-YTW : 6.60 %<\/td>\n<\/tr>\n
BN.PF.J<\/td>\nFixedReset Disc<\/td>\n-2.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 8.79 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n-2.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 17.09
\nEvaluated at bid price : 17.09
\nBid-YTW : 8.75 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n-2.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 10.75
\nEvaluated at bid price : 10.75
\nBid-YTW : 10.86 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n-2.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 16.15
\nEvaluated at bid price : 16.15
\nBid-YTW : 9.68 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-1.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 16.86
\nEvaluated at bid price : 16.86
\nBid-YTW : 9.06 %<\/td>\n<\/tr>\n
BN.PR.N<\/td>\nPerpetual-Discount<\/td>\n-1.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 17.26
\nEvaluated at bid price : 17.26
\nBid-YTW : 6.98 %<\/td>\n<\/tr>\n
BN.PR.Z<\/td>\nFixedReset Disc<\/td>\n-1.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 18.80
\nEvaluated at bid price : 18.80
\nBid-YTW : 8.92 %<\/td>\n<\/tr>\n
BN.PF.F<\/td>\nFixedReset Disc<\/td>\n-1.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 16.00
\nEvaluated at bid price : 16.00
\nBid-YTW : 10.35 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 16.45
\nEvaluated at bid price : 16.45
\nBid-YTW : 9.10 %<\/td>\n<\/tr>\n
BN.PR.X<\/td>\nFixedReset Disc<\/td>\n-1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 14.85
\nEvaluated at bid price : 14.85
\nBid-YTW : 9.20 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n-1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 18.65
\nEvaluated at bid price : 18.65
\nBid-YTW : 8.35 %<\/td>\n<\/tr>\n
BN.PF.C<\/td>\nPerpetual-Discount<\/td>\n-1.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 17.42
\nEvaluated at bid price : 17.42
\nBid-YTW : 7.06 %<\/td>\n<\/tr>\n
BN.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 9.71 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n-1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 17.40
\nEvaluated at bid price : 17.40
\nBid-YTW : 6.92 %<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 17.97
\nEvaluated at bid price : 17.97
\nBid-YTW : 6.94 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Disc<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 22.84
\nEvaluated at bid price : 24.01
\nBid-YTW : 7.03 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 12.15
\nEvaluated at bid price : 12.15
\nBid-YTW : 9.93 %<\/td>\n<\/tr>\n
RY.PR.N<\/td>\nPerpetual-Discount<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n
BN.PF.I<\/td>\nFixedReset Disc<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 19.37
\nEvaluated at bid price : 19.37
\nBid-YTW : 9.23 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 18.35
\nEvaluated at bid price : 18.35
\nBid-YTW : 8.49 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 16.78
\nEvaluated at bid price : 16.78
\nBid-YTW : 8.84 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 15.01
\nEvaluated at bid price : 15.01
\nBid-YTW : 10.11 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 20.30
\nEvaluated at bid price : 20.30
\nBid-YTW : 7.71 %<\/td>\n<\/tr>\n
BIP.PR.B<\/td>\nFixedReset Disc<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 9.45 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 17.90
\nEvaluated at bid price : 17.90
\nBid-YTW : 8.41 %<\/td>\n<\/tr>\n
PVS.PR.K<\/td>\nSplitShare<\/td>\n1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2029-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.90
\nBid-YTW : 7.25 %<\/td>\n<\/tr>\n
BN.PR.T<\/td>\nFixedReset Disc<\/td>\n1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 14.35
\nEvaluated at bid price : 14.35
\nBid-YTW : 9.70 %<\/td>\n<\/tr>\n
BN.PR.B<\/td>\nFloater<\/td>\n1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 11.86
\nEvaluated at bid price : 11.86
\nBid-YTW : 10.84 %<\/td>\n<\/tr>\n
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n6.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 14.11
\nEvaluated at bid price : 14.11
\nBid-YTW : 9.89 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n12.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 17.40
\nEvaluated at bid price : 17.40
\nBid-YTW : 8.67 %<\/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
CM.PR.T<\/td>\nFixedReset Disc<\/td>\n139,818<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 22.16
\nEvaluated at bid price : 22.85
\nBid-YTW : 7.80 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Disc<\/td>\n114,442<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 20.30
\nEvaluated at bid price : 20.30
\nBid-YTW : 7.71 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n66,401<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 8.37 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n46,507<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 17.60
\nEvaluated at bid price : 17.60
\nBid-YTW : 8.61 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n32,382<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 17.90
\nEvaluated at bid price : 17.90
\nBid-YTW : 8.41 %<\/td>\n<\/tr>\n
PWF.PR.R<\/td>\nPerpetual-Discount<\/td>\n28,298<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 20.04
\nEvaluated at bid price : 20.04
\nBid-YTW : 6.91 %<\/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
BN.PF.F<\/td>\nFixedReset Disc<\/td>\nQuote: 16.00 – 19.00
\nSpot Rate : 3.0000
\nAverage : 2.1275<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 16.00
\nEvaluated at bid price : 16.00
\nBid-YTW : 10.35 %<\/td>\n<\/tr>\n

IFC.PR.F<\/td>\nInsurance Straight<\/td>\nQuote: 20.05 – 21.93
\nSpot Rate : 1.8800
\nAverage : 1.1356<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 20.05
\nEvaluated at bid price : 20.05
\nBid-YTW : 6.70 %<\/td>\n<\/tr>\n

IFC.PR.E<\/td>\nInsurance Straight<\/td>\nQuote: 19.50 – 20.40
\nSpot Rate : 0.9000
\nAverage : 0.5987<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 6.76 %<\/td>\n<\/tr>\n

MFC.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 17.30 – 18.00
\nSpot Rate : 0.7000
\nAverage : 0.4742<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 17.30
\nEvaluated at bid price : 17.30
\nBid-YTW : 6.60 %<\/td>\n<\/tr>\n

TD.PF.A<\/td>\nFixedReset Disc<\/td>\nQuote: 17.09 – 17.74
\nSpot Rate : 0.6500
\nAverage : 0.4271<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 17.09
\nEvaluated at bid price : 17.09
\nBid-YTW : 8.75 %<\/td>\n<\/tr>\n

GWO.PR.M<\/td>\nInsurance Straight<\/td>\nQuote: 21.90 – 22.60
\nSpot Rate : 0.7000
\nAverage : 0.4845<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-07-25
\nMaturity Price : 21.65
\nEvaluated at bid price : 21.90
\nBid-YTW : 6.70 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

TXPR closed at 531.51, down 0.88% on the day. Volume today was 1.49-million, fourth-highest of the past 21 trading days. CPD closed at 10.57, down 0.75% on the day. Volume was 78,270, 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-45520","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/45520","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=45520"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/45520\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}