{"id":4841,"date":"2009-01-06T20:40:31","date_gmt":"2009-01-07T00:40:31","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=4841"},"modified":"2009-01-06T20:40:31","modified_gmt":"2009-01-07T00:40:31","slug":"january-6-2008","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=4841","title":{"rendered":"January 6, 2008 2009"},"content":{"rendered":"

Yet another banner day for preferreds, although Fixed-Resets are (not surprisingly) reacting poorly to the flood of new issuance (RY, 6.25%+419<\/a>, NA, 6.60%+463<\/a>, TD, 6.25%+437<\/a>) at higher coupons.<\/p>\n

Formatting of the tables is horrible today. Yesterday’s fiddling may be on the right track programatically, but definitely a step backward esthetically. Sorry, guys! I’d like to write more (especially with Spend-Every-Penny mumbling about putting Canada into a permanent structural deficit<\/a>, just like Mr. Bush) … but I have to do some more fiddling …<\/p>\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>\n6.99 %<\/td>\n7.70 %<\/td>\n30,538<\/td>\n13.31<\/td>\n2<\/td>\n0.7266 %<\/td>\n877.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n7.56 %<\/td>\n7.42 %<\/td>\n151,663<\/td>\n13.32<\/td>\n8<\/td>\n1.5785 %<\/td>\n1,351.9<\/td>\n<\/tr>\n
Floater<\/td>\n5.51 %<\/td>\n5.37 %<\/td>\n34,332<\/td>\n14.91<\/td>\n4<\/td>\n0.8161 %<\/td>\n1,107.4<\/td>\n<\/tr>\n
OpRet<\/td>\n5.36 %<\/td>\n4.61 %<\/td>\n126,570<\/td>\n3.88<\/td>\n15<\/td>\n0.6845 %<\/td>\n2,000.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n6.08 %<\/td>\n9.47 %<\/td>\n75,681<\/td>\n4.18<\/td>\n15<\/td>\n1.8066 %<\/td>\n1,827.4<\/td>\n<\/tr>\n
InterestBearing<\/td>\n7.10 %<\/td>\n11.47 %<\/td>\n46,538<\/td>\n0.94<\/td>\n2<\/td>\n4.1667 %<\/td>\n1,992.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.3189 %<\/td>\n1,549.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.89 %<\/td>\n7.01 %<\/td>\n237,528<\/td>\n12.54<\/td>\n71<\/td>\n1.3189 %<\/td>\n1,427.0<\/td>\n<\/tr>\n
FixedReset<\/td>\n5.94 %<\/td>\n5.04 %<\/td>\n753,731<\/td>\n14.85<\/td>\n18<\/td>\n-0.2694 %<\/td>\n1,795.4<\/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\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
MFC.PR.B<\/td>\nPerpetual-Discount<\/td>\n-3.11 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.52 %
\nEvaluated at bid price : 18.0400<\/p>\n

Limit Maturity 2039-01-06 YTM: 6.52 % [Restricted: 6.52 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 6.5218 %<\/td>\n<\/tr>\n

RY.PR.L<\/td>\nFixedReset<\/td>\n-2.55 %<\/td>\n Yield-to-Worst (at Bid)\t:\t5.09 %
\nEvaluated at bid price : 24.1200<\/p>\n

Call 2014-03-26 YTM: 6.64 % [Restricted: 6.64 %] (Prob: 28.03 %)
\n Call 2019-03-26 YTM: 5.74 % [Restricted: 5.74 %] (Prob: 0.19 %)
\n Limit Maturity 2039-01-06 YTM: 5.09 % [Restricted: 5.09 %] (Prob: 71.77 %)<\/p>\n

Yield to Worst : 5.0876 %<\/td>\n<\/tr>\n

PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n-2.54 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.99 %
\nEvaluated at bid price : 19.2000<\/p>\n

Limit Maturity 2039-01-06 YTM: 6.99 % [Restricted: 6.99 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 6.9945 %<\/td>\n<\/tr>\n

BNS.PR.N<\/td>\nPerpetual-Discount<\/td>\n-2.44 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.59 %
\nEvaluated at bid price : 20.0000<\/p>\n

Limit Maturity 2039-01-06 YTM: 6.59 % [Restricted: 6.59 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 6.5864 %<\/td>\n<\/tr>\n

CM.PR.K<\/td>\nFixedReset<\/td>\n-2.22 %<\/td>\n Yield-to-Worst (at Bid)\t:\t5.03 %
\nEvaluated at bid price : 22.0000<\/p>\n

Call 2014-08-30 YTM: 8.02 % [Restricted: 8.02 %] (Prob: 7.32 %)
\n Limit Maturity 2039-01-06 YTM: 5.03 % [Restricted: 5.03 %] (Prob: 92.68 %)<\/p>\n

Yield to Worst : 5.0268 %<\/td>\n<\/tr>\n

RY.PR.N<\/td>\nFixedReset<\/td>\n-1.92 %<\/td>\n Yield-to-Worst (at Bid)\t:\t5.67 %
\nEvaluated at bid price : 25.0200<\/p>\n

Call 2014-03-26 YTM: 6.35 % [Restricted: 6.35 %] (Prob: 40.08 %)
\n Call 2019-03-26 YTM: 5.94 % [Restricted: 5.94 %] (Prob: 0.10 %)
\n Limit Maturity 2039-01-06 YTM: 5.67 % [Restricted: 5.67 %] (Prob: 59.82 %)<\/p>\n

Yield to Worst : 5.6744 %<\/td>\n<\/tr>\n

BNS.PR.Q<\/td>\nFixedReset<\/td>\n-1.77 %<\/td>\n Yield-to-Worst (at Bid)\t:\t4.40 %
\nEvaluated at bid price : 22.2000<\/p>\n

Call 2013-11-24 YTM: 7.71 % [Restricted: 7.71 %] (Prob: 8.22 %)
\n Call 2018-11-24 YTM: 5.82 % [Restricted: 5.82 %] (Prob: 0.53 %)
\n Limit Maturity 2039-01-06 YTM: 4.40 % [Restricted: 4.40 %] (Prob: 91.25 %)<\/p>\n

Yield to Worst : 4.3984 %<\/td>\n<\/tr>\n

BNA.PR.B<\/td>\nSplitShare<\/td>\n-1.23 %<\/td>\n Yield-to-Worst (at Bid)\t:\t8.90 %
\nEvaluated at bid price : 20.0000<\/p>\n

Hard Maturity 2016-03-25 YTM: 8.90 % [Restricted: 8.90 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 8.9015 %<\/td>\n<\/tr>\n

GWO.PR.J<\/td>\nFixedReset<\/td>\n-1.01 %<\/td>\n Yield-to-Worst (at Bid)\t:\t5.40 %
\nEvaluated at bid price : 24.5000<\/p>\n

Call 2014-01-30 YTM: 6.62 % [Restricted: 6.62 %] (Prob: 32.96 %)
\n Call 2019-01-30 YTM: 5.90 % [Restricted: 5.90 %] (Prob: 0.26 %)
\n Limit Maturity 2039-01-06 YTM: 5.40 % [Restricted: 5.40 %] (Prob: 66.78 %)<\/p>\n

Yield to Worst : 5.3987 %<\/td>\n<\/tr>\n

BNS.PR.J<\/td>\nPerpetual-Discount<\/td>\n1.00 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.53 %
\nEvaluated at bid price : 20.1600<\/p>\n

Limit Maturity 2039-01-06 YTM: 6.53 % [Restricted: 6.53 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 6.5339 %<\/td>\n<\/tr>\n

PWF.PR.J<\/td>\nOpRet<\/td>\n1.01 %<\/td>\n Yield-to-Worst (at Bid)\t:\t4.84 %
\nEvaluated at bid price : 25.1000<\/p>\n

Call 2009-04-06 YTM: 23.48 % [Restricted: 5.79 %] (Prob: 7.08 %)
\n Call 2009-05-30 YTM: 13.71 % [Restricted: 5.40 %] (Prob: 6.56 %)
\n Call 2010-05-30 YTM: 6.49 % [Restricted: 6.49 %] (Prob: 8.27 %)
\n Call 2011-05-30 YTM: 5.34 % [Restricted: 5.34 %] (Prob: 0.66 %)
\n Soft Maturity 2013-07-30 YTM: 4.84 % [Restricted: 4.84 %] (Prob: 77.43 %)<\/p>\n

Yield to Worst : 4.8432 %<\/td>\n<\/tr>\n

BCE.PR.R<\/td>\nFixedFloater<\/td>\n1.01 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.64 %
\nEvaluated at bid price : 15.0000<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.64 % [Restricted: 7.64 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.6367 %<\/td>\n<\/tr>\n

CM.PR.P<\/td>\nPerpetual-Discount<\/td>\n1.05 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.14 %
\nEvaluated at bid price : 19.3300<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.14 % [Restricted: 7.14 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.1438 %<\/td>\n<\/tr>\n

CM.PR.I<\/td>\nPerpetual-Discount<\/td>\n1.07 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.92 %
\nEvaluated at bid price : 17.0500<\/p>\n

Limit Maturity 2039-01-06 YTM: 6.92 % [Restricted: 6.92 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 6.9199 %<\/td>\n<\/tr>\n

LBS.PR.A<\/td>\nSplitShare<\/td>\n1.10 %<\/td>\n Yield-to-Worst (at Bid)\t:\t9.88 %
\nEvaluated at bid price : 8.2500<\/p>\n

Hard Maturity 2013-11-29 YTM: 9.88 % [Restricted: 9.88 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 9.8799 %<\/td>\n<\/tr>\n

POW.PR.B<\/td>\nPerpetual-Discount<\/td>\n1.11 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.01 %
\nEvaluated at bid price : 19.2100<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.01 % [Restricted: 7.01 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.0113 %<\/td>\n<\/tr>\n

TD.PR.N<\/td>\nOpRet<\/td>\n1.11 %<\/td>\n Yield-to-Worst (at Bid)\t:\t3.55 %
\nEvaluated at bid price : 26.0000<\/p>\n

Call 2009-05-30 YTM: 3.71 % [Restricted: 1.46 %] (Prob: 26.43 %)
\n Call 2010-05-30 YTM: 3.55 % [Restricted: 3.55 %] (Prob: 5.03 %)
\n Soft Maturity 2014-01-30 YTM: 3.68 % [Restricted: 3.68 %] (Prob: 68.54 %)<\/p>\n

Yield to Worst : 3.5548 %<\/td>\n<\/tr>\n

TD.PR.O<\/td>\nPerpetual-Discount<\/td>\n1.23 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.43 %
\nEvaluated at bid price : 18.9100<\/p>\n

Limit Maturity 2039-01-06 YTM: 6.43 % [Restricted: 6.43 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 6.4318 %<\/td>\n<\/tr>\n

GWO.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.25 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.36 %
\nEvaluated at bid price : 20.2600<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.36 % [Restricted: 7.36 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.3584 %<\/td>\n<\/tr>\n

CM.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.27 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.22 %
\nEvaluated at bid price : 20.0000<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.22 % [Restricted: 7.22 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.2188 %<\/td>\n<\/tr>\n

SLF.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.31 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.33 %
\nEvaluated at bid price : 15.5100<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.33 % [Restricted: 7.33 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.3309 %<\/td>\n<\/tr>\n

PWF.PR.H<\/td>\nPerpetual-Discount<\/td>\n1.31 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.32 %
\nEvaluated at bid price : 20.1100<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.32 % [Restricted: 7.32 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.3202 %<\/td>\n<\/tr>\n

CM.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.33 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.14 %
\nEvaluated at bid price : 19.0000<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.14 % [Restricted: 7.14 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.1357 %<\/td>\n<\/tr>\n

BNS.PR.P<\/td>\nFixedReset<\/td>\n1.33 %<\/td>\n Yield-to-Worst (at Bid)\t:\t4.54 %
\nEvaluated at bid price : 22.8000<\/p>\n

Call 2013-05-25 YTM: 7.29 % [Restricted: 7.29 %] (Prob: 12.60 %)
\n Call 2018-05-25 YTM: 5.66 % [Restricted: 5.66 %] (Prob: 1.18 %)
\n Limit Maturity 2039-01-06 YTM: 4.54 % [Restricted: 4.54 %] (Prob: 86.22 %)<\/p>\n

Yield to Worst : 4.5434 %<\/td>\n<\/tr>\n

PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.37 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.31 %
\nEvaluated at bid price : 19.2600<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.31 % [Restricted: 7.31 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.3108 %<\/td>\n<\/tr>\n

RY.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.37 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.37 %
\nEvaluated at bid price : 17.7600<\/p>\n

Limit Maturity 2039-01-06 YTM: 6.37 % [Restricted: 6.37 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 6.3707 %<\/td>\n<\/tr>\n

TD.PR.A<\/td>\nFixedReset<\/td>\n1.41 %<\/td>\n Yield-to-Worst (at Bid)\t:\t4.68 %
\nEvaluated at bid price : 22.0500<\/p>\n

Call 2014-03-02 YTM: 7.74 % [Restricted: 7.74 %] (Prob: 7.39 %)
\n Call 2019-03-02 YTM: 6.03 % [Restricted: 6.03 %] (Prob: 0.26 %)
\n Limit Maturity 2039-01-06 YTM: 4.68 % [Restricted: 4.68 %] (Prob: 92.35 %)<\/p>\n

Yield to Worst : 4.6754 %<\/td>\n<\/tr>\n

RY.PR.C<\/td>\nPerpetual-Discount<\/td>\n1.45 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.44 %
\nEvaluated at bid price : 18.1600<\/p>\n

Limit Maturity 2039-01-06 YTM: 6.44 % [Restricted: 6.44 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 6.4414 %<\/td>\n<\/tr>\n

TCA.PR.Y<\/td>\nPerpetual-Discount<\/td>\n1.47 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.35 %
\nEvaluated at bid price : 44.1000<\/p>\n

Call 2014-04-04 YTM: 8.40 % [Restricted: 8.40 %] (Prob: 7.44 %)
\n Limit Maturity 2039-01-06 YTM: 6.35 % [Restricted: 6.35 %] (Prob: 92.56 %)<\/p>\n

Yield to Worst : 6.3484 %<\/td>\n<\/tr>\n

HSB.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.47 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.35 %
\nEvaluated at bid price : 17.2000<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.35 % [Restricted: 7.35 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.3452 %<\/td>\n<\/tr>\n

BCE.PR.I<\/td>\nFixedFloater<\/td>\n1.58 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.42 %
\nEvaluated at bid price : 15.3900<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.42 % [Restricted: 7.42 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.4171 %<\/td>\n<\/tr>\n

NA.PR.K<\/td>\nPerpetual-Discount<\/td>\n1.63 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.24 %
\nEvaluated at bid price : 20.6100<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.24 % [Restricted: 7.24 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.2416 %<\/td>\n<\/tr>\n

TD.PR.S<\/td>\nFixedReset<\/td>\n1.64 %<\/td>\n Yield-to-Worst (at Bid)\t:\t4.28 %
\nEvaluated at bid price : 22.2000<\/p>\n

Call 2013-08-30 YTM: 7.81 % [Restricted: 7.81 %] (Prob: 8.05 %)
\n Call 2018-08-30 YTM: 5.77 % [Restricted: 5.77 %] (Prob: 0.77 %)
\n Limit Maturity 2039-01-06 YTM: 4.28 % [Restricted: 4.28 %] (Prob: 91.18 %)<\/p>\n

Yield to Worst : 4.2844 %<\/td>\n<\/tr>\n

BCE.PR.G<\/td>\nFixedFloater<\/td>\n1.64 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.28 %
\nEvaluated at bid price : 15.5000<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.28 % [Restricted: 7.28 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.2815 %<\/td>\n<\/tr>\n

BAM.PR.J<\/td>\nOpRet<\/td>\n1.68 %<\/td>\n Yield-to-Worst (at Bid)\t:\t10.64 %
\nEvaluated at bid price : 17.5400<\/p>\n

Soft Maturity 2018-03-30 YTM: 10.64 % [Restricted: 10.64 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 10.6445 %<\/td>\n<\/tr>\n

PWF.PR.I<\/td>\nPerpetual-Discount<\/td>\n1.69 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.28 %
\nEvaluated at bid price : 21.1100<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.28 % [Restricted: 7.28 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.2758 %<\/td>\n<\/tr>\n

TRI.PR.B<\/td>\nFloater<\/td>\n1.77 %<\/td>\n Yield-to-Worst (at Bid)\t:\t5.37 %
\nEvaluated at bid price : 11.5000<\/p>\n

Limit Maturity 2039-01-06 YTM: 5.37 % [Restricted: 5.37 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 5.3674 %<\/td>\n<\/tr>\n

RY.PR.H<\/td>\nPerpetual-Discount<\/td>\n1.83 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.78 %
\nEvaluated at bid price : 21.2000<\/p>\n

Limit Maturity 2039-01-06 YTM: 6.78 % [Restricted: 6.78 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 6.7792 %<\/td>\n<\/tr>\n

TD.PR.Y<\/td>\nFixedReset<\/td>\n1.93 %<\/td>\n Yield-to-Worst (at Bid)\t:\t4.48 %
\nEvaluated at bid price : 21.8500<\/p>\n

Call 2013-11-30 YTM: 8.17 % [Restricted: 8.17 %] (Prob: 6.04 %)
\n Call 2018-11-30 YTM: 6.07 % [Restricted: 6.07 %] (Prob: 0.46 %)
\n Limit Maturity 2039-01-06 YTM: 4.48 % [Restricted: 4.48 %] (Prob: 93.50 %)<\/p>\n

Yield to Worst : 4.4819 %<\/td>\n<\/tr>\n

PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n1.94 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.32 %
\nEvaluated at bid price : 17.8400<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.32 % [Restricted: 7.32 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.3189 %<\/td>\n<\/tr>\n

SLF.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.99 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.30 %
\nEvaluated at bid price : 15.4100<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.30 % [Restricted: 7.30 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.2961 %<\/td>\n<\/tr>\n

PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n2.05 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.06 %
\nEvaluated at bid price : 17.9400<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.06 % [Restricted: 7.06 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.0592 %<\/td>\n<\/tr>\n

CM.PR.J<\/td>\nPerpetual-Discount<\/td>\n2.07 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.93 %
\nEvaluated at bid price : 16.2900<\/p>\n

Limit Maturity 2039-01-06 YTM: 6.93 % [Restricted: 6.93 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 6.9346 %<\/td>\n<\/tr>\n

GWO.PR.H<\/td>\nPerpetual-Discount<\/td>\n2.10 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.19 %
\nEvaluated at bid price : 17.0500<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.19 % [Restricted: 7.19 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.1860 %<\/td>\n<\/tr>\n

BNA.PR.C<\/td>\nSplitShare<\/td>\n2.15 %<\/td>\n Yield-to-Worst (at Bid)\t:\t19.04 %
\nEvaluated at bid price : 9.0400<\/p>\n

Hard Maturity 2019-01-10 YTM: 19.04 % [Restricted: 19.04 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 19.0370 %<\/td>\n<\/tr>\n

PWF.PR.A<\/td>\nFloater<\/td>\n2.17 %<\/td>\n Yield-to-Worst (at Bid)\t:\t5.06 %
\nEvaluated at bid price : 12.2600<\/p>\n

Limit Maturity 2039-01-06 YTM: 5.06 % [Restricted: 5.06 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 5.0629 %<\/td>\n<\/tr>\n

BMO.PR.K<\/td>\nPerpetual-Discount<\/td>\n2.18 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.94 %
\nEvaluated at bid price : 19.2500<\/p>\n

Limit Maturity 2039-01-06 YTM: 6.94 % [Restricted: 6.94 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 6.9382 %<\/td>\n<\/tr>\n

W.PR.J<\/td>\nPerpetual-Discount<\/td>\n2.21 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.84 %
\nEvaluated at bid price : 18.0000<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.84 % [Restricted: 7.84 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.8391 %<\/td>\n<\/tr>\n

BCE.PR.Z<\/td>\nFixedFloater<\/td>\n2.40 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.93 %
\nEvaluated at bid price : 14.5100<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.93 % [Restricted: 7.93 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.9293 %<\/td>\n<\/tr>\n

BMO.PR.J<\/td>\nPerpetual-Discount<\/td>\n2.46 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.69 %
\nEvaluated at bid price : 17.1100<\/p>\n

Limit Maturity 2039-01-06 YTM: 6.69 % [Restricted: 6.69 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 6.6874 %<\/td>\n<\/tr>\n

PWF.PR.G<\/td>\nPerpetual-Discount<\/td>\n2.47 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.28 %
\nEvaluated at bid price : 20.7600<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.28 % [Restricted: 7.28 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.2752 %<\/td>\n<\/tr>\n

BCE.PR.A<\/td>\nFixedFloater<\/td>\n2.50 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.13 %
\nEvaluated at bid price : 16.4100<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.13 % [Restricted: 7.13 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.1266 %<\/td>\n<\/tr>\n

NA.PR.L<\/td>\nPerpetual-Discount<\/td>\n2.59 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.08 %
\nEvaluated at bid price : 17.4600<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.08 % [Restricted: 7.08 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.0843 %<\/td>\n<\/tr>\n

STW.PR.A<\/td>\nInterestBearing<\/td>\n2.59 %<\/td>\n Yield-to-Worst (at Bid)\t:\t11.47 %
\nEvaluated at bid price : 9.5000<\/p>\n

Hard Maturity 2009-12-31 YTM: 11.47 % [Restricted: 11.27 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 11.4674 %<\/td>\n<\/tr>\n

CU.PR.B<\/td>\nPerpetual-Discount<\/td>\n2.68 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.62 %
\nEvaluated at bid price : 23.0000<\/p>\n

Call 2011-07-01 YTM: 10.47 % [Restricted: 10.47 %] (Prob: 9.42 %)
\n Call 2012-07-01 YTM: 9.00 % [Restricted: 9.00 %] (Prob: 3.96 %)
\n Limit Maturity 2039-01-06 YTM: 6.62 % [Restricted: 6.62 %] (Prob: 86.61 %)<\/p>\n

Yield to Worst : 6.6159 %<\/td>\n<\/tr>\n

BNA.PR.A<\/td>\nSplitShare<\/td>\n2.70 %<\/td>\n Yield-to-Worst (at Bid)\t:\t12.50 %
\nEvaluated at bid price : 22.8000<\/p>\n

Hard Maturity 2010-09-30 YTM: 12.50 % [Restricted: 12.50 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 12.5006 %<\/td>\n<\/tr>\n

LFE.PR.A<\/td>\nSplitShare<\/td>\n2.78 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.48 %
\nEvaluated at bid price : 9.6000<\/p>\n

Hard Maturity 2012-12-01 YTM: 6.48 % [Restricted: 6.48 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 6.4803 %<\/td>\n<\/tr>\n

PPL.PR.A<\/td>\nSplitShare<\/td>\n2.81 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.55 %
\nEvaluated at bid price : 9.1500<\/p>\n

Hard Maturity 2012-12-01 YTM: 7.55 % [Restricted: 7.55 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.5529 %<\/td>\n<\/tr>\n

BAM.PR.H<\/td>\nOpRet<\/td>\n2.93 %<\/td>\n Yield-to-Worst (at Bid)\t:\t11.82 %
\nEvaluated at bid price : 21.1000<\/p>\n

Soft Maturity 2012-03-30 YTM: 11.82 % [Restricted: 11.82 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 11.8242 %<\/td>\n<\/tr>\n

POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n3.00 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.06 %
\nEvaluated at bid price : 17.8300<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.06 % [Restricted: 7.06 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.0602 %<\/td>\n<\/tr>\n

ALB.PR.A<\/td>\nSplitShare<\/td>\n3.03 %<\/td>\n Yield-to-Worst (at Bid)\t:\t14.05 %
\nEvaluated at bid price : 20.7300<\/p>\n

Hard Maturity 2011-02-28 YTM: 14.05 % [Restricted: 14.05 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 14.0550 %<\/td>\n<\/tr>\n

BAM.PR.G<\/td>\nFixedFloater<\/td>\n3.11 %<\/td>\n Yield-to-Worst (at Bid)\t:\t9.95 %
\nEvaluated at bid price : 11.6000<\/p>\n

Limit Maturity 2039-01-06 YTM: 9.95 % [Restricted: 9.95 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 9.9491 %<\/td>\n<\/tr>\n

CIU.PR.A<\/td>\nPerpetual-Discount<\/td>\n3.20 %<\/td>\n Yield-to-Worst (at Bid)\t:\t7.26 %
\nEvaluated at bid price : 16.1100<\/p>\n

Limit Maturity 2039-01-06 YTM: 7.26 % [Restricted: 7.26 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 7.2622 %<\/td>\n<\/tr>\n

FFN.PR.A<\/td>\nSplitShare<\/td>\n3.29 %<\/td>\n Yield-to-Worst (at Bid)\t:\t10.28 %
\nEvaluated at bid price : 7.8600<\/p>\n

Hard Maturity 2014-12-01 YTM: 10.28 % [Restricted: 10.28 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 10.2752 %<\/td>\n<\/tr>\n

TD.PR.P<\/td>\nPerpetual-Discount<\/td>\n3.37 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.44 %
\nEvaluated at bid price : 20.4500<\/p>\n

Limit Maturity 2039-01-06 YTM: 6.44 % [Restricted: 6.44 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 6.4379 %<\/td>\n<\/tr>\n

BAM.PR.O<\/td>\nOpRet<\/td>\n3.48 %<\/td>\n Yield-to-Worst (at Bid)\t:\t13.90 %
\nEvaluated at bid price : 17.8500<\/p>\n

Option Certainty 2013-06-30 YTM: 13.90 % [Restricted: 13.90 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 13.9048 %<\/td>\n<\/tr>\n

RY.PR.B<\/td>\nPerpetual-Discount<\/td>\n3.54 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.29 %
\nEvaluated at bid price : 19.0000<\/p>\n

Limit Maturity 2039-01-06 YTM: 6.29 % [Restricted: 6.29 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 6.2858 %<\/td>\n<\/tr>\n

BMO.PR.H<\/td>\nPerpetual-Discount<\/td>\n3.83 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.80 %
\nEvaluated at bid price : 19.8100<\/p>\n

Limit Maturity 2039-01-06 YTM: 6.80 % [Restricted: 6.80 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 6.8044 %<\/td>\n<\/tr>\n

TCA.PR.X<\/td>\nPerpetual-Discount<\/td>\n4.00 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.37 %
\nEvaluated at bid price : 43.9500<\/p>\n

Call 2013-11-14 YTM: 8.67 % [Restricted: 8.67 %] (Prob: 6.75 %)
\n Limit Maturity 2039-01-06 YTM: 6.37 % [Restricted: 6.37 %] (Prob: 93.25 %)<\/p>\n

Yield to Worst : 6.3721 %<\/td>\n<\/tr>\n

FTN.PR.A<\/td>\nSplitShare<\/td>\n4.14 %<\/td>\n Yield-to-Worst (at Bid)\t:\t8.11 %
\nEvaluated at bid price : 8.5500<\/p>\n

Hard Maturity 2015-12-01 YTM: 8.11 % [Restricted: 8.11 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 8.1137 %<\/td>\n<\/tr>\n

SBC.PR.A<\/td>\nSplitShare<\/td>\n4.21 %<\/td>\n Yield-to-Worst (at Bid)\t:\t9.47 %
\nEvaluated at bid price : 8.6600<\/p>\n

Hard Maturity 2012-11-30 YTM: 9.47 % [Restricted: 9.47 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 9.4662 %<\/td>\n<\/tr>\n

CU.PR.A<\/td>\nPerpetual-Discount<\/td>\n4.26 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.39 %
\nEvaluated at bid price : 23.0000<\/p>\n

Call 2011-03-31 YTM: 10.73 % [Restricted: 10.73 %] (Prob: 8.80 %)
\n Call 2012-03-31 YTM: 8.99 % [Restricted: 8.99 %] (Prob: 4.18 %)
\n Limit Maturity 2039-01-06 YTM: 6.39 % [Restricted: 6.39 %] (Prob: 87.01 %)<\/p>\n

Yield to Worst : 6.3914 %<\/td>\n<\/tr>\n

FBS.PR.B<\/td>\nSplitShare<\/td>\n4.36 %<\/td>\n Yield-to-Worst (at Bid)\t:\t9.50 %
\nEvaluated at bid price : 8.8500<\/p>\n

Hard Maturity 2011-12-15 YTM: 9.50 % [Restricted: 9.50 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 9.4998 %<\/td>\n<\/tr>\n

SLF.PR.A<\/td>\nPerpetual-Discount<\/td>\n4.41 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.93 %
\nEvaluated at bid price : 17.3000<\/p>\n

Limit Maturity 2039-01-06 YTM: 6.93 % [Restricted: 6.93 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 6.9337 %<\/td>\n<\/tr>\n

ELF.PR.F<\/td>\nPerpetual-Discount<\/td>\n4.59 %<\/td>\n Yield-to-Worst (at Bid)\t:\t8.14 %
\nEvaluated at bid price : 16.4000<\/p>\n

Limit Maturity 2039-01-06 YTM: 8.14 % [Restricted: 8.14 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 8.1417 %<\/td>\n<\/tr>\n

FIG.PR.A<\/td>\nInterestBearing<\/td>\n6.16 %<\/td>\n Yield-to-Worst (at Bid)\t:\t11.70 %
\nEvaluated at bid price : 7.7500<\/p>\n

Hard Maturity 2014-12-31 YTM: 11.70 % [Restricted: 11.70 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 11.7020 %<\/td>\n<\/tr>\n

BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\n6.21 %<\/td>\n Yield-to-Worst (at Bid)\t:\t9.91 %
\nEvaluated at bid price : 12.1500<\/p>\n

Limit Maturity 2039-01-06 YTM: 9.91 % [Restricted: 9.91 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 9.9133 %<\/td>\n<\/tr>\n

BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\n7.08 %<\/td>\n Yield-to-Worst (at Bid)\t:\t9.95 %
\nEvaluated at bid price : 12.1000<\/p>\n

Limit Maturity 2039-01-06 YTM: 9.95 % [Restricted: 9.95 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 9.9549 %<\/td>\n<\/tr>\n

IAG.PR.A<\/td>\nPerpetual-Discount<\/td>\n7.11 %<\/td>\n Yield-to-Worst (at Bid)\t:\t6.95 %
\nEvaluated at bid price : 16.7200<\/p>\n

Limit Maturity 2039-01-06 YTM: 6.95 % [Restricted: 6.95 %] (Prob: 100.00 %)<\/p>\n

Yield to Worst : 6.9478 %<\/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\n\n\n\n\n\n\n\n\n\n\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
LBS.PR.A<\/td>\nSplitShare<\/td>\n111,572<\/td>\n<\/td>\n<\/tr>\n
BCE.PR.Z<\/td>\nFixedFloater<\/td>\n86,931<\/td>\n<\/td>\n<\/tr>\n
SLF.PR.B<\/td>\nPerpetual-Discount<\/td>\n61,463<\/td>\n<\/td>\n<\/tr>\n
CL.PR.B<\/td>\nPerpetual-Discount<\/td>\n49,100<\/td>\n<\/td>\n<\/tr>\n
RY.PR.N<\/td>\nFixedReset<\/td>\n46,510<\/td>\n<\/td>\n<\/tr>\n
W.PR.J<\/td>\nPerpetual-Discount<\/td>\n45,230<\/td>\n<\/td>\n<\/tr>\n
CM.PR.A<\/td>\nOpRet<\/td>\n43,975<\/td>\n<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nPerpetual-Discount<\/td>\n34,857<\/td>\n<\/td>\n<\/tr>\n
CM.PR.D<\/td>\nPerpetual-Discount<\/td>\n33,200<\/td>\n<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nPerpetual-Discount<\/td>\n30,746<\/td>\n<\/td>\n<\/tr>\n
RY.PR.F<\/td>\nPerpetual-Discount<\/td>\n28,900<\/td>\n<\/td>\n<\/tr>\n
BNA.PR.C<\/td>\nSplitShare<\/td>\n28,850<\/td>\n<\/td>\n<\/tr>\n
MFC.PR.A<\/td>\nOpRet<\/td>\n26,315<\/td>\n<\/td>\n<\/tr>\n
BNS.PR.M<\/td>\nPerpetual-Discount<\/td>\n24,625<\/td>\n<\/td>\n<\/tr>\n
BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\n24,625<\/td>\n<\/td>\n<\/tr>\n
BMO.PR.J<\/td>\nPerpetual-Discount<\/td>\n24,572<\/td>\n<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\n24,064<\/td>\n<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n22,275<\/td>\n<\/td>\n<\/tr>\n
CM.PR.J<\/td>\nPerpetual-Discount<\/td>\n21,425<\/td>\n<\/td>\n<\/tr>\n
RY.PR.E<\/td>\nPerpetual-Discount<\/td>\n21,011<\/td>\n<\/td>\n<\/tr>\n
BNA.PR.A<\/td>\nSplitShare<\/td>\n20,700<\/td>\n<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n19,490<\/td>\n<\/td>\n<\/tr>\n
POW.PR.B<\/td>\nPerpetual-Discount<\/td>\n19,180<\/td>\n<\/td>\n<\/tr>\n
BNS.PR.L<\/td>\nPerpetual-Discount<\/td>\n18,200<\/td>\n<\/td>\n<\/tr>\n
WFS.PR.A<\/td>\nSplitShare<\/td>\n17,900<\/td>\n<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nPerpetual-Discount<\/td>\n16,928<\/td>\n<\/td>\n<\/tr>\n
LFE.PR.A<\/td>\nSplitShare<\/td>\n16,300<\/td>\n<\/td>\n<\/tr>\n
CM.PR.E<\/td>\nPerpetual-Discount<\/td>\n16,300<\/td>\n<\/td>\n<\/tr>\n
TD.PR.O<\/td>\nPerpetual-Discount<\/td>\n15,828<\/td>\n<\/td>\n<\/tr>\n
IGM.PR.A<\/td>\nOpRet<\/td>\n15,819<\/td>\n<\/td>\n<\/tr>\n
RY.PR.D<\/td>\nPerpetual-Discount<\/td>\n15,724<\/td>\n<\/td>\n<\/tr>\n
FIG.PR.A<\/td>\nInterestBearing<\/td>\n15,511<\/td>\n<\/td>\n<\/tr>\n
CM.PR.G<\/td>\nPerpetual-Discount<\/td>\n15,320<\/td>\n<\/td>\n<\/tr>\n
PPL.PR.A<\/td>\nSplitShare<\/td>\n15,266<\/td>\n<\/td>\n<\/tr>\n
RY.PR.I<\/td>\nFixedReset<\/td>\n15,035<\/td>\n<\/td>\n<\/tr>\n
FBS.PR.B<\/td>\nSplitShare<\/td>\n14,816<\/td>\n<\/td>\n<\/tr>\n
BNS.PR.R<\/td>\nFixedReset<\/td>\n14,375<\/td>\n<\/td>\n<\/tr>\n
CM.PR.I<\/td>\nPerpetual-Discount<\/td>\n14,270<\/td>\n<\/td>\n<\/tr>\n
CM.PR.H<\/td>\nPerpetual-Discount<\/td>\n14,037<\/td>\n<\/td>\n<\/tr>\n
HSB.PR.C<\/td>\nPerpetual-Discount<\/td>\n13,480<\/td>\n<\/td>\n<\/tr>\n
SBN.PR.A<\/td>\nSplitShare<\/td>\n12,400<\/td>\n<\/td>\n<\/tr>\n
RY.PR.W<\/td>\nPerpetual-Discount<\/td>\n12,305<\/td>\n<\/td>\n<\/tr>\n
BNS.PR.O<\/td>\nPerpetual-Discount<\/td>\n12,300<\/td>\n<\/td>\n<\/tr>\n
BAM.PR.O<\/td>\nOpRet<\/td>\n12,222<\/td>\n<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nPerpetual-Discount<\/td>\n12,153<\/td>\n<\/td>\n<\/tr>\n
NA.PR.M<\/td>\nPerpetual-Discount<\/td>\n12,105<\/td>\n<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n11,911<\/td>\n<\/td>\n<\/tr>\n
PWF.PR.I<\/td>\nPerpetual-Discount<\/td>\n11,406<\/td>\n<\/td>\n<\/tr>\n
BMO.PR.N<\/td>\nFixedReset<\/td>\n10,700<\/td>\n<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n10,550<\/td>\n<\/td>\n<\/tr>\n
BCE.PR.C<\/td>\nFixedFloater<\/td>\n10,315<\/td>\n<\/td>\n<\/tr>\n
BNS.PR.N<\/td>\nPerpetual-Discount<\/td>\n10,015<\/td>\n<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Yet another banner day for preferreds, although Fixed-Resets are (not surprisingly) reacting poorly to the flood of new issuance (RY, 6.25%+419, NA, 6.60%+463, TD, 6.25%+437) at higher coupons. Formatting of the tables is horrible today. …<\/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-4841","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/4841","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=4841"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/4841\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}