{"id":49093,"date":"2018-01-08T21:41:00","date_gmt":"2018-01-09T02:41:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49093"},"modified":"2025-08-05T21:42:23","modified_gmt":"2025-08-06T01:42:23","slug":"january-8-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49093","title":{"rendered":"January 8, 2018"},"content":{"rendered":"

TD continues to have problems<\/a>:<\/p>\n

Clearly TD Canada has sent a message to us that customer service is not a priority and is STILL not prepared to handle the growing volume of Traders out there. And so, I have begun the transfer of my funds from my Webbroker to another platform. This should be completed within the week. I have decided on Qtrade. And I will in the next while prepare for a complete withdraw of all of my money into another bank or credit union. This will need some thoughtful consideration. <\/p>\n

I understand that Banks, like any other business, want to keep their shareholders happy. However, a complete disregard of us, the customer, this past week is quite remarkable. With the billions that this company made in its last quarter, my loss of business will not affect them at all. But I know that I am going to feel much better knowing that TD Canada will never again disrespect me this way again. Shame!<\/p>\n

Qtrade…you\u2019re up.<\/p>\n<\/blockquote>\n

\"canadianoutagestd\"<\/a>
Click for Big<\/i><\/div>\n

The preferred share market continued to show good strength today, probably in response to continued chatter about a policy hike<\/a>:<\/p>\n

On Monday, Bank of Montreal became the last major Canadian bank to change its forecast for next week to a rate hike. That followed the release of the central bank\u2019s latest quarterly survey, which showed a generally robust outlook for the country\u2019s sales and businesses investment.<\/p>\n<\/blockquote>\n

… and five-year Canadas now yield 1.97%<\/a>!<\/p>\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>\n3.2307 %<\/td>\n2,781.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n3.2307 %<\/td>\n5,103.3<\/td>\n<\/tr>\n
Floater<\/td>\n3.31 %<\/td>\n3.46 %<\/td>\n34,230<\/td>\n18.64<\/td>\n4<\/td>\n3.2307 %<\/td>\n2,941.1<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4229 %<\/td>\n3,143.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.67 %<\/td>\n4.10 %<\/td>\n60,721<\/td>\n3.42<\/td>\n5<\/td>\n0.4229 %<\/td>\n3,754.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4229 %<\/td>\n2,929.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.34 %<\/td>\n-2.57 %<\/td>\n62,932<\/td>\n0.09<\/td>\n18<\/td>\n0.0174 %<\/td>\n2,860.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.24 %<\/td>\n5.24 %<\/td>\n66,885<\/td>\n14.95<\/td>\n16<\/td>\n0.0133 %<\/td>\n3,019.1<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.18 %<\/td>\n4.23 %<\/td>\n140,258<\/td>\n3.93<\/td>\n98<\/td>\n0.4438 %<\/td>\n2,539.4<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.04 %<\/td>\n5.33 %<\/td>\n81,876<\/td>\n5.87<\/td>\n28<\/td>\n-0.0927 %<\/td>\n2,959.2<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.98 %<\/td>\n2.61 %<\/td>\n38,851<\/td>\n0.79<\/td>\n10<\/td>\n0.4433 %<\/td>\n2,745.1<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.91
\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-06-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.37
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 23.72
\nEvaluated at bid price : 24.15
\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.88
\nBid-YTW : 6.46 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset<\/td>\n1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 23.92
\nEvaluated at bid price : 24.25
\nBid-YTW : 4.37 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 23.60
\nEvaluated at bid price : 23.95
\nBid-YTW : 4.50 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset<\/td>\n1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 23.41
\nEvaluated at bid price : 23.73
\nBid-YTW : 4.40 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.30
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 19.94
\nEvaluated at bid price : 19.94
\nBid-YTW : 3.82 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset<\/td>\n1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 17.76
\nEvaluated at bid price : 17.76
\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n
HSE.PR.C<\/td>\nFixedReset<\/td>\n1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2019-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.08
\nBid-YTW : 4.41 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset<\/td>\n1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 23.02
\nEvaluated at bid price : 23.49
\nBid-YTW : 4.59 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.90 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 16.05
\nEvaluated at bid price : 16.05
\nBid-YTW : 3.51 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset<\/td>\n1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.40
\nBid-YTW : 5.25 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset<\/td>\n2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.97
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
PVS.PR.E<\/td>\nSplitShare<\/td>\n2.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-02-07
\nMaturity Price : 26.00
\nEvaluated at bid price : 26.80
\nBid-YTW : -24.40 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset<\/td>\n2.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset<\/td>\n2.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 18.24
\nEvaluated at bid price : 18.24
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n2.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.20
\nBid-YTW : 6.70 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n3.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 16.26
\nEvaluated at bid price : 16.26
\nBid-YTW : 3.46 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset<\/td>\n3.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 18.93
\nEvaluated at bid price : 18.93
\nBid-YTW : 4.51 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n3.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 16.27
\nEvaluated at bid price : 16.27
\nBid-YTW : 3.46 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n4.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 19.16
\nEvaluated at bid price : 19.16
\nBid-YTW : 2.95 %<\/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.PR.Y<\/td>\nFixedReset<\/td>\n110,400<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.20
\nBid-YTW : 3.41 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset<\/td>\n108,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 23.54
\nEvaluated at bid price : 23.98
\nBid-YTW : 4.38 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset<\/td>\n108,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset<\/td>\n104,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 23.41
\nEvaluated at bid price : 23.73
\nBid-YTW : 4.40 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset<\/td>\n103,200<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.97
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
BNS.PR.D<\/td>\nFloatingReset<\/td>\n80,500<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.65
\nBid-YTW : 3.52 %<\/td>\n<\/tr>\n
There were 38 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
IFC.PR.C<\/td>\nFixedReset<\/td>\nQuote: 23.56 – 24.33
\nSpot Rate : 0.7700
\nAverage : 0.4790<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.56
\nBid-YTW : 4.94 %<\/td>\n<\/tr>\n

MFC.PR.F<\/td>\nFixedReset<\/td>\nQuote: 18.41 – 18.97
\nSpot Rate : 0.5600
\nAverage : 0.3460<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.41
\nBid-YTW : 7.70 %<\/td>\n<\/tr>\n

BAM.PR.X<\/td>\nFixedReset<\/td>\nQuote: 17.89 – 18.40
\nSpot Rate : 0.5100
\nAverage : 0.3174<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 17.89
\nEvaluated at bid price : 17.89
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n

TRP.PR.H<\/td>\nFloatingReset<\/td>\nQuote: 16.31 – 16.95
\nSpot Rate : 0.6400
\nAverage : 0.4619<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 16.31
\nEvaluated at bid price : 16.31
\nBid-YTW : 3.68 %<\/td>\n<\/tr>\n

TRP.PR.G<\/td>\nFixedReset<\/td>\nQuote: 24.30 – 24.84
\nSpot Rate : 0.5400
\nAverage : 0.3737<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-08
\nMaturity Price : 23.13
\nEvaluated at bid price : 24.30
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n

HSE.PR.G<\/td>\nFixedReset<\/td>\nQuote: 25.03 – 25.48
\nSpot Rate : 0.4500
\nAverage : 0.3074<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-06-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.03
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

TD continues to have problems: Clearly TD Canada has sent a message to us that customer service is not a priority and is STILL not prepared to handle the growing volume of Traders out there. …<\/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-49093","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49093","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=49093"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49093\/revisions"}],"predecessor-version":[{"id":49094,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49093\/revisions\/49094"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}