{"id":45790,"date":"2023-09-25T19:31:07","date_gmt":"2023-09-26T00:31:07","guid":{"rendered":"https:\/\/prefblog.com\/?p=45790"},"modified":"2023-09-25T19:31:07","modified_gmt":"2023-09-26T00:31:07","slug":"september-25-2023","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=45790","title":{"rendered":"September 25, 2023"},"content":{"rendered":"
<\/a><\/div>\n

TXPR closed at 512.37<\/a>, up 1.45% on the day. Volume today was 3.64-million, the highest by far of the past 21 trading days. The price index has recovered all the ground it has lost since 2023-8-24!<\/p>\n

CPD closed at 10.16<\/a>, up 0.69% on the day. Volume was 133,110, second-highest of the past 21 trading days. It hasn’t closed this high since 2023-9-6!<\/p>\n

ZPR closed at 8.57<\/a>, up 1.66% on the day. Volume was 486,320, highest by far of the past 21 trading days. We haven’t seen a close like this since 2023-8-28!<\/p>\n

Five-year Canada yields were up to 4.33%<\/a>.<\/p>\n

Equities were flattish, with the pundits looking at bonds<\/a>:<\/p>\n

Canada\u2019s main stock index rose on Monday as energy shares rallied, but the market was still trading near its lowest level in four weeks as investors worried about interest rates being kept at elevated levels for longer than previously expected. The Canadian 10-year bond yield climbed above the 4% threshold to its highest in nearly 16 years.
\n…<\/b>
\nThe Canadian five-year bond yield – closely watched because of its influence on popular terms of fixed mortgage rates – also rose to a 16-year high on Monday, reaching 4.33%.<\/p><\/blockquote>\n

It’s very tempting to ascribe today’s market pop to the surprise redemption of TD.PF.K<\/a>, particularly given the fine performances of TD.PF.A, TD.PF.B and TD.PF.C. But who knows? Those eager to bet on a wave of uneconomic bank pref redemptions are urged to remember that TD’s enormous amount of excess equity make it an outlier in terms of financial condition.<\/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-0.4009 %<\/td>\n2,160.6<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.4009 %<\/td>\n4,144.0<\/td>\n<\/tr>\n
Floater<\/td>\n11.27 %<\/td>\n11.38 %<\/td>\n38,595<\/td>\n8.58<\/td>\n2<\/td>\n-0.4009 %<\/td>\n2,388.2<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0184 %<\/td>\n3,360.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n5.02 %<\/td>\n7.29 %<\/td>\n42,479<\/td>\n2.25<\/td>\n7<\/td>\n-0.0184 %<\/td>\n4,013.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0184 %<\/td>\n3,131.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0148 %<\/td>\n2,474.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.90 %<\/td>\n7.09 %<\/td>\n43,675<\/td>\n12.39<\/td>\n33<\/td>\n-0.0148 %<\/td>\n2,698.0<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.93 %<\/td>\n9.14 %<\/td>\n106,146<\/td>\n10.60<\/td>\n55<\/td>\n2.9868 %<\/td>\n2,123.1<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.88 %<\/td>\n6.96 %<\/td>\n61,840<\/td>\n12.64<\/td>\n17<\/td>\n-0.2483 %<\/td>\n2,615.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n11.67 %<\/td>\n11.81 %<\/td>\n38,100<\/td>\n8.30<\/td>\n1<\/td>\n0.1412 %<\/td>\n2,280.7<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n2.9868 %<\/td>\n2,326.8<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n2.9868 %<\/td>\n2,170.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n6.65 %<\/td>\n8.63 %<\/td>\n126,673<\/td>\n11.07<\/td>\n11<\/td>\n0.5265 %<\/td>\n2,254.6<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n-5.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 15.94
\nEvaluated at bid price : 15.94
\nBid-YTW : 7.03 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 16.91
\nEvaluated at bid price : 16.91
\nBid-YTW : 7.12 %<\/td>\n<\/tr>\n
ELF.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.99
\nEvaluated at bid price : 18.99
\nBid-YTW : 7.15 %<\/td>\n<\/tr>\n
FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.35
\nEvaluated at bid price : 18.35
\nBid-YTW : 6.56 %<\/td>\n<\/tr>\n
POW.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 19.94
\nEvaluated at bid price : 19.94
\nBid-YTW : 7.05 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 19.96
\nEvaluated at bid price : 19.96
\nBid-YTW : 8.46 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 16.48
\nEvaluated at bid price : 16.48
\nBid-YTW : 10.06 %<\/td>\n<\/tr>\n
BN.PF.J<\/td>\nFixedReset Disc<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.15
\nEvaluated at bid price : 18.15
\nBid-YTW : 9.73 %<\/td>\n<\/tr>\n
BN.PF.H<\/td>\nFixedReset Disc<\/td>\n1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 10.29 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Disc<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 16.25
\nEvaluated at bid price : 16.25
\nBid-YTW : 9.51 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n1.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 19.85
\nEvaluated at bid price : 19.85
\nBid-YTW : 8.32 %<\/td>\n<\/tr>\n
BN.PF.D<\/td>\nPerpetual-Discount<\/td>\n1.82 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 16.80
\nEvaluated at bid price : 16.80
\nBid-YTW : 7.35 %<\/td>\n<\/tr>\n
BN.PF.A<\/td>\nFixedReset Disc<\/td>\n1.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 19.35
\nEvaluated at bid price : 19.35
\nBid-YTW : 9.41 %<\/td>\n<\/tr>\n
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n1.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 12.86
\nEvaluated at bid price : 12.86
\nBid-YTW : 11.34 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n2.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 16.99
\nEvaluated at bid price : 16.99
\nBid-YTW : 9.44 %<\/td>\n<\/tr>\n
BMO.PR.F<\/td>\nFixedReset Disc<\/td>\n2.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 23.73
\nEvaluated at bid price : 24.36
\nBid-YTW : 8.02 %<\/td>\n<\/tr>\n
CM.PR.Y<\/td>\nFixedReset Disc<\/td>\n2.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 23.54
\nEvaluated at bid price : 24.12
\nBid-YTW : 8.15 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n2.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.95
\nEvaluated at bid price : 18.95
\nBid-YTW : 8.96 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n2.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 8.01 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n2.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 20.01
\nEvaluated at bid price : 20.01
\nBid-YTW : 8.93 %<\/td>\n<\/tr>\n
BN.PF.B<\/td>\nFixedReset Disc<\/td>\n2.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 10.13 %<\/td>\n<\/tr>\n
CM.PR.T<\/td>\nFixedReset Disc<\/td>\n2.75 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 22.80
\nEvaluated at bid price : 23.50
\nBid-YTW : 8.11 %<\/td>\n<\/tr>\n
TD.PF.M<\/td>\nFixedReset Disc<\/td>\n2.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 23.58
\nEvaluated at bid price : 24.16
\nBid-YTW : 8.12 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n2.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 17.50
\nEvaluated at bid price : 17.50
\nBid-YTW : 9.38 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n2.90 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 17.75
\nEvaluated at bid price : 17.75
\nBid-YTW : 9.19 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset Disc<\/td>\n2.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.90
\nEvaluated at bid price : 18.90
\nBid-YTW : 8.51 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n2.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 16.70
\nEvaluated at bid price : 16.70
\nBid-YTW : 9.51 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Disc<\/td>\n3.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 21.84
\nEvaluated at bid price : 22.30
\nBid-YTW : 8.07 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n3.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 17.15
\nEvaluated at bid price : 17.15
\nBid-YTW : 9.26 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Disc<\/td>\n3.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 20.42
\nEvaluated at bid price : 20.42
\nBid-YTW : 8.11 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n3.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 9.53 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n3.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 17.15
\nEvaluated at bid price : 17.15
\nBid-YTW : 9.43 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n3.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.17
\nEvaluated at bid price : 18.17
\nBid-YTW : 9.15 %<\/td>\n<\/tr>\n
TD.PF.L<\/td>\nFixedReset Disc<\/td>\n3.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 23.56
\nEvaluated at bid price : 24.25
\nBid-YTW : 7.86 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n3.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 16.93
\nEvaluated at bid price : 16.93
\nBid-YTW : 9.45 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Disc<\/td>\n4.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 22.39
\nEvaluated at bid price : 23.10
\nBid-YTW : 7.74 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n4.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 17.95
\nEvaluated at bid price : 17.95
\nBid-YTW : 9.27 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n4.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 21.94
\nEvaluated at bid price : 22.45
\nBid-YTW : 7.89 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n4.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.09
\nEvaluated at bid price : 18.09
\nBid-YTW : 9.20 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Disc<\/td>\n4.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 8.05 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n4.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.13
\nEvaluated at bid price : 18.13
\nBid-YTW : 8.98 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n4.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 17.94
\nEvaluated at bid price : 17.94
\nBid-YTW : 9.05 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n4.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.02
\nEvaluated at bid price : 18.02
\nBid-YTW : 9.06 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n4.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.51
\nEvaluated at bid price : 18.51
\nBid-YTW : 8.96 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n5.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.41
\nEvaluated at bid price : 18.41
\nBid-YTW : 9.14 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n5.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 17.38
\nEvaluated at bid price : 17.38
\nBid-YTW : 9.23 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n5.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.29
\nEvaluated at bid price : 18.29
\nBid-YTW : 8.94 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n6.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.15
\nEvaluated at bid price : 18.15
\nBid-YTW : 8.88 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n7.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 21.59
\nEvaluated at bid price : 21.95
\nBid-YTW : 7.79 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Disc<\/td>\n15.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.15
\nBid-YTW : 6.09 %<\/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
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n204,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 17.95
\nEvaluated at bid price : 17.95
\nBid-YTW : 9.27 %<\/td>\n<\/tr>\n
TD.PF.L<\/td>\nFixedReset Disc<\/td>\n133,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 23.56
\nEvaluated at bid price : 24.25
\nBid-YTW : 7.86 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n112,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.15
\nEvaluated at bid price : 18.15
\nBid-YTW : 8.88 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n95,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 17.15
\nEvaluated at bid price : 17.15
\nBid-YTW : 9.43 %<\/td>\n<\/tr>\n
TD.PF.M<\/td>\nFixedReset Disc<\/td>\n82,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 23.58
\nEvaluated at bid price : 24.16
\nBid-YTW : 8.12 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n79,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.02
\nEvaluated at bid price : 18.02
\nBid-YTW : 9.06 %<\/td>\n<\/tr>\n
There were 34 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
POW.PR.C<\/td>\nPerpetual-Discount<\/td>\nQuote: 18.30 – 21.18
\nSpot Rate : 2.8800
\nAverage : 2.3627<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.30
\nEvaluated at bid price : 18.30
\nBid-YTW : 7.96 %<\/td>\n<\/tr>\n

PWF.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 18.95 – 19.95
\nSpot Rate : 1.0000
\nAverage : 0.6018<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.95
\nEvaluated at bid price : 18.95
\nBid-YTW : 8.96 %<\/td>\n<\/tr>\n

SLF.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 15.94 – 16.90
\nSpot Rate : 0.9600
\nAverage : 0.5818<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 15.94
\nEvaluated at bid price : 15.94
\nBid-YTW : 7.03 %<\/td>\n<\/tr>\n

ELF.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 18.99 – 20.48
\nSpot Rate : 1.4900
\nAverage : 1.1454<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.99
\nEvaluated at bid price : 18.99
\nBid-YTW : 7.15 %<\/td>\n<\/tr>\n

BN.PF.J<\/td>\nFixedReset Disc<\/td>\nQuote: 18.15 – 18.96
\nSpot Rate : 0.8100
\nAverage : 0.4689<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 18.15
\nEvaluated at bid price : 18.15
\nBid-YTW : 9.73 %<\/td>\n<\/tr>\n

GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 11.96 – 12.80
\nSpot Rate : 0.8400
\nAverage : 0.4989<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-09-25
\nMaturity Price : 11.96
\nEvaluated at bid price : 11.96
\nBid-YTW : 10.13 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

TXPR closed at 512.37, up 1.45% on the day. Volume today was 3.64-million, the highest by far of the past 21 trading days. The price index has recovered all the ground it has lost since …<\/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-45790","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/45790","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=45790"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/45790\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}