{"id":46305,"date":"2024-01-26T21:01:08","date_gmt":"2024-01-27T02:01:08","guid":{"rendered":"https:\/\/prefblog.com\/?p=46305"},"modified":"2024-01-26T21:01:08","modified_gmt":"2024-01-27T02:01:08","slug":"january-26-2024","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=46305","title":{"rendered":"January 26, 2024"},"content":{"rendered":"
<\/a><\/div>\n

TXPR closed at 566.66<\/a>, up 0.52% on the day. Volume today was 1.32-million, below the median of the past 21 trading days.<\/p>\n

CPD closed at 11.25<\/a>, up 0.36% on the day. Volume was 41,910, fourth-lowest of the past 21 trading days.<\/p>\n

ZPR closed at 9.67<\/a>, up 0.52% on the day. Volume was 116,710, near the median of the past 21 trading days.<\/p>\n

Five-year Canada yields were up to 3.60%<\/a>.<\/p>\n

The Globe comments<\/a>:<\/p>\n

Despite the fresh data showing progress on the inflation front, U.S. Treasury yields rose on Friday on concerns about the growing supply of government debt.<\/p>\n

The U.S. Treasury Department is likely to announce next week one more round of increases in auction sizes when it details the government\u2019s borrowing needs for the coming quarter.<\/p>\n

The Treasury faces higher spending needs due in part to higher social security and interest rate costs.<\/p>\n

By late afternoon, the U.S. two-year yield was up 4 basis points and the Canadian equivalent bond yield was up about 8 basis points.<\/p><\/blockquote>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices<\/strong>
Values are provisional and are finalized monthly<\/td>\n<\/tr>\n
Index<\/td>\nMean
Current
Yield
(at bid)<\/td>\n		Median
YTW<\/td>\n		Median
Average
Trading
Value<\/td>\n		Median
Mod Dur
(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-0.5068 %<\/td>\n2,276.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.5068 %<\/td>\n4,366.3<\/td>\n<\/tr>\n
Floater<\/td>\n10.70 %<\/td>\n10.90 %<\/td>\n36,430<\/td>\n8.84<\/td>\n2<\/td>\n-0.5068 %<\/td>\n2,516.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.4429 %<\/td>\n3,414.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.93 %<\/td>\n7.17 %<\/td>\n53,399<\/td>\n1.95<\/td>\n7<\/td>\n-0.4429 %<\/td>\n4,077.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.4429 %<\/td>\n3,181.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1272 %<\/td>\n2,676.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.42 %<\/td>\n6.55 %<\/td>\n52,022<\/td>\n13.11<\/td>\n34<\/td>\n0.1272 %<\/td>\n2,918.7<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.58 %<\/td>\n7.51 %<\/td>\n119,490<\/td>\n12.09<\/td>\n59<\/td>\n0.0475 %<\/td>\n2,353.7<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.28 %<\/td>\n6.44 %<\/td>\n69,967<\/td>\n13.24<\/td>\n20<\/td>\n0.2678 %<\/td>\n2,884.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n10.09 %<\/td>\n10.45 %<\/td>\n30,298<\/td>\n9.17<\/td>\n5<\/td>\n-0.1000 %<\/td>\n2,662.2<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.89 %<\/td>\n6.42 %<\/td>\n160,617<\/td>\n3.33<\/td>\n2<\/td>\n0.1191 %<\/td>\n2,531.7<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0475 %<\/td>\n2,405.9<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.43 %<\/td>\n7.11 %<\/td>\n97,733<\/td>\n12.54<\/td>\n14<\/td>\n-0.0590 %<\/td>\n2,617.0<\/td>\n<\/tr>\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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
PVS.PR.J<\/td>\nSplitShare<\/td>\n-2.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2028-02-29
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.41
\nBid-YTW : 7.61 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n-1.90 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 19.15
\nEvaluated at bid price : 19.15
\nBid-YTW : 7.84 %<\/td>\n<\/tr>\n
FFH.PR.G<\/td>\nFixedReset Disc<\/td>\n-1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 8.53 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 19.25
\nEvaluated at bid price : 19.25
\nBid-YTW : 7.64 %<\/td>\n<\/tr>\n
FFH.PR.K<\/td>\nFixedReset Disc<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 8.46 %<\/td>\n<\/tr>\n
BN.PR.B<\/td>\nFloater<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 11.76
\nEvaluated at bid price : 11.76
\nBid-YTW : 10.94 %<\/td>\n<\/tr>\n
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 15.00
\nEvaluated at bid price : 15.00
\nBid-YTW : 9.06 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 20.41
\nEvaluated at bid price : 20.41
\nBid-YTW : 7.46 %<\/td>\n<\/tr>\n
PVS.PR.H<\/td>\nSplitShare<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2027-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.25
\nBid-YTW : 7.56 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 19.74
\nEvaluated at bid price : 19.74
\nBid-YTW : 7.47 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 19.65
\nEvaluated at bid price : 19.65
\nBid-YTW : 7.29 %<\/td>\n<\/tr>\n
FTS.PR.I<\/td>\nFloatingReset<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 15.92
\nEvaluated at bid price : 15.92
\nBid-YTW : 10.60 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 6.41 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 20.35
\nEvaluated at bid price : 20.35
\nBid-YTW : 7.06 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 6.37 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 19.10
\nEvaluated at bid price : 19.10
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset Disc<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 21.26
\nEvaluated at bid price : 21.26
\nBid-YTW : 6.98 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n1.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 17.95
\nEvaluated at bid price : 17.95
\nBid-YTW : 6.35 %<\/td>\n<\/tr>\n
FTS.PR.F<\/td>\nPerpetual-Discount<\/td>\n2.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 20.22
\nEvaluated at bid price : 20.22
\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n3.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 19.13
\nEvaluated at bid price : 19.13
\nBid-YTW : 7.48 %<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
Volume Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nShares
Traded<\/td>\n		Notes<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n175,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 7.38 %<\/td>\n<\/tr>\n
FFH.PR.G<\/td>\nFixedReset Disc<\/td>\n81,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 8.53 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n66,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 20.07
\nEvaluated at bid price : 20.07
\nBid-YTW : 7.54 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n50,870<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 18.52
\nEvaluated at bid price : 18.52
\nBid-YTW : 7.67 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n47,472<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 19.35
\nEvaluated at bid price : 19.35
\nBid-YTW : 7.51 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n41,371<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 20.30
\nEvaluated at bid price : 20.30
\nBid-YTW : 7.11 %<\/td>\n<\/tr>\n
There were 11 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\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
GWO.PR.S<\/td>\nInsurance Straight<\/td>\nQuote: 20.54 – 21.92
\nSpot Rate : 1.3800
\nAverage : 0.8225<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 20.54
\nEvaluated at bid price : 20.54
\nBid-YTW : 6.48 %<\/td>\n<\/tr>\n

MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.35 – 21.00
\nSpot Rate : 1.6500
\nAverage : 1.3229<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 19.35
\nEvaluated at bid price : 19.35
\nBid-YTW : 7.46 %<\/td>\n<\/tr>\n

PVS.PR.J<\/td>\nSplitShare<\/td>\nQuote: 22.41 – 23.45
\nSpot Rate : 1.0400
\nAverage : 0.8064<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2028-02-29
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.41
\nBid-YTW : 7.61 %<\/td>\n<\/tr>\n

TD.PF.A<\/td>\nFixedReset Disc<\/td>\nQuote: 20.35 – 23.45
\nSpot Rate : 3.1000
\nAverage : 2.9254<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 20.35
\nEvaluated at bid price : 20.35
\nBid-YTW : 7.06 %<\/td>\n<\/tr>\n

CU.PR.E<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.50 – 22.12
\nSpot Rate : 2.6200
\nAverage : 2.4669<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 6.40 %<\/td>\n<\/tr>\n

MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.25 – 20.25
\nSpot Rate : 1.0000
\nAverage : 0.8623<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-26
\nMaturity Price : 19.25
\nEvaluated at bid price : 19.25
\nBid-YTW : 7.64 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

TXPR closed at 566.66, up 0.52% on the day. Volume today was 1.32-million, below the median of the past 21 trading days. CPD closed at 11.25, up 0.36% on the day. Volume was 41,910, fourth-lowest …<\/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-46305","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46305","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=46305"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46305\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}