{"id":46345,"date":"2024-02-01T20:38:07","date_gmt":"2024-02-02T01:38:07","guid":{"rendered":"https:\/\/prefblog.com\/?p=46345"},"modified":"2024-02-01T20:38:07","modified_gmt":"2024-02-02T01:38:07","slug":"february-1-2024","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=46345","title":{"rendered":"February 1, 2024"},"content":{"rendered":"
<\/a><\/div>\n

TXPR closed at 573.33<\/a>, up 0.86% on the day. Volume today was 3.40-million, second-highest of the past 21 trading days.<\/p>\n

CPD closed at 11.46<\/a>, up 1.33% on the day. Volume was 113,640, highest of the past 21 trading days.<\/p>\n

ZPR closed at 9.72<\/a>, up 0.41% on the day. Volume was 117,890, near the median of the past 21 trading days.<\/p>\n

Five-year Canada yields were down to 3.38%<\/a>.<\/p>\n

The G&M comments<\/a>:<\/p>\n

A raft of economic data showed rising productivity helping to cap U.S. labour costs, while an increase in announced layoffs and weekly U.S. jobless claims provided further evidence of softening in the labour market, which is viewed by the Fed as a precondition to assuring a sustainable downward path for inflation. U.S. manufacturing stabilized in January amid a rebound in new orders, while Canadian manufacturing data also offered encouragement. It showed a slowdown in the pace of contraction in the sector as inflation pressures eased and firms grew more confident about the outlook.<\/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>\n0.7719 %<\/td>\n2,270.7<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.7719 %<\/td>\n4,355.2<\/td>\n<\/tr>\n
Floater<\/td>\n10.72 %<\/td>\n10.97 %<\/td>\n34,188<\/td>\n8.78<\/td>\n2<\/td>\n0.7719 %<\/td>\n2,509.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2343 %<\/td>\n3,425.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.91 %<\/td>\n7.22 %<\/td>\n48,879<\/td>\n1.93<\/td>\n7<\/td>\n0.2343 %<\/td>\n4,091.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2343 %<\/td>\n3,192.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5828 %<\/td>\n2,694.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.37 %<\/td>\n6.49 %<\/td>\n52,792<\/td>\n13.21<\/td>\n34<\/td>\n0.5828 %<\/td>\n2,938.3<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.57 %<\/td>\n7.47 %<\/td>\n120,718<\/td>\n12.12<\/td>\n59<\/td>\n0.3441 %<\/td>\n2,370.3<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.23 %<\/td>\n6.42 %<\/td>\n70,847<\/td>\n13.29<\/td>\n20<\/td>\n0.1677 %<\/td>\n2,908.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n10.07 %<\/td>\n10.35 %<\/td>\n29,460<\/td>\n9.23<\/td>\n5<\/td>\n0.1445 %<\/td>\n2,668.7<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.89 %<\/td>\n6.41 %<\/td>\n175,284<\/td>\n3.32<\/td>\n1<\/td>\n-0.1566 %<\/td>\n2,534.2<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3441 %<\/td>\n2,423.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.38 %<\/td>\n7.03 %<\/td>\n102,564<\/td>\n12.60<\/td>\n14<\/td>\n0.7138 %<\/td>\n2,642.0<\/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\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
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-6.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 13.10
\nEvaluated at bid price : 13.10
\nBid-YTW : 9.03 %<\/td>\n<\/tr>\n
BN.PF.H<\/td>\nFixedReset Disc<\/td>\n-5.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 21.12
\nEvaluated at bid price : 21.12
\nBid-YTW : 8.84 %<\/td>\n<\/tr>\n
BN.PR.X<\/td>\nFixedReset Disc<\/td>\n-3.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 14.91
\nEvaluated at bid price : 14.91
\nBid-YTW : 8.83 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 14.16
\nEvaluated at bid price : 14.16
\nBid-YTW : 7.95 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 19.27
\nEvaluated at bid price : 19.27
\nBid-YTW : 7.46 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 17.92
\nEvaluated at bid price : 17.92
\nBid-YTW : 6.37 %<\/td>\n<\/tr>\n
PWF.PR.O<\/td>\nPerpetual-Discount<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 21.98
\nEvaluated at bid price : 22.22
\nBid-YTW : 6.57 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 18.14
\nEvaluated at bid price : 18.14
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 19.76
\nEvaluated at bid price : 19.76
\nBid-YTW : 7.56 %<\/td>\n<\/tr>\n
MIC.PR.A<\/td>\nPerpetual-Discount<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 19.21
\nEvaluated at bid price : 19.21
\nBid-YTW : 7.14 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 19.96
\nEvaluated at bid price : 19.96
\nBid-YTW : 7.27 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 7.97 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 6.48 %<\/td>\n<\/tr>\n
PWF.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 22.62
\nEvaluated at bid price : 22.87
\nBid-YTW : 6.49 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 19.23
\nEvaluated at bid price : 19.23
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 18.90
\nEvaluated at bid price : 18.90
\nBid-YTW : 7.56 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 19.97
\nEvaluated at bid price : 19.97
\nBid-YTW : 7.24 %<\/td>\n<\/tr>\n
BN.PR.N<\/td>\nPerpetual-Discount<\/td>\n1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 18.24
\nEvaluated at bid price : 18.24
\nBid-YTW : 6.61 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 18.92
\nEvaluated at bid price : 18.92
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset Disc<\/td>\n1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 21.43
\nEvaluated at bid price : 21.43
\nBid-YTW : 6.95 %<\/td>\n<\/tr>\n
BN.PF.C<\/td>\nPerpetual-Discount<\/td>\n1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 18.55
\nEvaluated at bid price : 18.55
\nBid-YTW : 6.63 %<\/td>\n<\/tr>\n
BN.PF.F<\/td>\nFixedReset Disc<\/td>\n1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 18.50
\nEvaluated at bid price : 18.50
\nBid-YTW : 8.70 %<\/td>\n<\/tr>\n
BN.PF.D<\/td>\nPerpetual-Discount<\/td>\n1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 18.68
\nEvaluated at bid price : 18.68
\nBid-YTW : 6.66 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 18.68
\nEvaluated at bid price : 18.68
\nBid-YTW : 6.45 %<\/td>\n<\/tr>\n
CIU.PR.A<\/td>\nPerpetual-Discount<\/td>\n1.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 17.95
\nEvaluated at bid price : 17.95
\nBid-YTW : 6.42 %<\/td>\n<\/tr>\n
CU.PR.I<\/td>\nFixedReset Disc<\/td>\n2.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 23.01
\nEvaluated at bid price : 23.38
\nBid-YTW : 7.42 %<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Disc<\/td>\n2.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 17.72
\nEvaluated at bid price : 17.72
\nBid-YTW : 8.72 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n2.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 21.10
\nEvaluated at bid price : 21.10
\nBid-YTW : 7.80 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n3.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 18.85
\nEvaluated at bid price : 18.85
\nBid-YTW : 7.60 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n7.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 19.16
\nEvaluated at bid price : 19.16
\nBid-YTW : 7.48 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n8.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 19.44
\nEvaluated at bid price : 19.44
\nBid-YTW : 6.76 %<\/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
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n215,396<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 21.66
\nEvaluated at bid price : 21.99
\nBid-YTW : 7.01 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Disc<\/td>\n164,427<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 21.85
\nEvaluated at bid price : 21.85
\nBid-YTW : 6.91 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n106,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 13.10
\nEvaluated at bid price : 13.10
\nBid-YTW : 9.03 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n90,116<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 7.33 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n89,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.45
\nBid-YTW : 6.81 %<\/td>\n<\/tr>\n
TD.PF.L<\/td>\nFixedReset Disc<\/td>\n86,266<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 23.91
\nEvaluated at bid price : 24.76
\nBid-YTW : 6.93 %<\/td>\n<\/tr>\n
There were 37 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
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\nQuote: 15.06 – 19.38
\nSpot Rate : 4.3200
\nAverage : 2.4164<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 15.06
\nEvaluated at bid price : 15.06
\nBid-YTW : 7.65 %<\/td>\n<\/tr>\n

FTS.PR.M<\/td>\nFixedReset Disc<\/td>\nQuote: 19.00 – 21.22
\nSpot Rate : 2.2200
\nAverage : 1.2726<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 7.97 %<\/td>\n<\/tr>\n

BIP.PR.E<\/td>\nFixedReset Disc<\/td>\nQuote: 21.25 – 22.90
\nSpot Rate : 1.6500
\nAverage : 1.1011<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 7.89 %<\/td>\n<\/tr>\n

BN.PF.H<\/td>\nFixedReset Disc<\/td>\nQuote: 21.12 – 22.45
\nSpot Rate : 1.3300
\nAverage : 0.7821<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 21.12
\nEvaluated at bid price : 21.12
\nBid-YTW : 8.84 %<\/td>\n<\/tr>\n

CU.PR.H<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.40 – 22.05
\nSpot Rate : 1.6500
\nAverage : 1.1787<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 20.40
\nEvaluated at bid price : 20.40
\nBid-YTW : 6.45 %<\/td>\n<\/tr>\n

PWF.PR.P<\/td>\nFixedReset Disc<\/td>\nQuote: 13.10 – 14.74
\nSpot Rate : 1.6400
\nAverage : 1.1730<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-02-01
\nMaturity Price : 13.10
\nEvaluated at bid price : 13.10
\nBid-YTW : 9.03 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

TXPR closed at 573.33, up 0.86% on the day. Volume today was 3.40-million, second-highest of the past 21 trading days. CPD closed at 11.46, up 1.33% on the day. Volume was 113,640, 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-46345","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46345","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=46345"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46345\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}