{"id":50603,"date":"2019-08-22T21:42:00","date_gmt":"2019-08-23T01:42:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=50603"},"modified":"2025-11-11T21:43:53","modified_gmt":"2025-11-12T02:43:53","slug":"august-22-2019","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50603","title":{"rendered":"August 22, 2019"},"content":{"rendered":"

What a great day! Only one of the mainstream indicators made a new 52-week low!<\/p>\n

TXPR closed at 575.74<\/a>, up 0.11% on the day. Volume was 2.18-million, nothing special in the context of the past 30 days.<\/p>\n

CPD closed at 11.52<\/a>, up 0.17% on the day. Volume of 97,108 was above median but nothing special in the context of the past 30 days.<\/p>\n

ZPR closed at 9.15<\/a>, unchanged on the day after touching a new 52-week low of 9.145. Volume of 111,979 was a little above average but nothing special in the context of the past 30 days.<\/p>\n

Five-year Canada yields were up 5bp to 1.33%<\/a> today. <\/p>\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>\n0.2208 %<\/td>\n1,765.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2208 %<\/td>\n3,238.6<\/td>\n<\/tr>\n
Floater<\/td>\n6.77 %<\/td>\n7.03 %<\/td>\n41,461<\/td>\n12.42<\/td>\n4<\/td>\n0.2208 %<\/td>\n1,866.4<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1528 %<\/td>\n3,359.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.68 %<\/td>\n4.56 %<\/td>\n60,857<\/td>\n4.09<\/td>\n7<\/td>\n-0.1528 %<\/td>\n4,011.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1528 %<\/td>\n3,130.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.65 %<\/td>\n-4.54 %<\/td>\n66,492<\/td>\n0.09<\/td>\n9<\/td>\n-0.1190 %<\/td>\n2,966.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.53 %<\/td>\n5.60 %<\/td>\n54,750<\/td>\n14.49<\/td>\n25<\/td>\n-0.3046 %<\/td>\n3,083.0<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.96 %<\/td>\n5.58 %<\/td>\n153,381<\/td>\n14.43<\/td>\n66<\/td>\n0.3969 %<\/td>\n1,953.7<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.30 %<\/td>\n6.22 %<\/td>\n61,377<\/td>\n7.84<\/td>\n27<\/td>\n-0.0400 %<\/td>\n3,077.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n4.75 %<\/td>\n7.50 %<\/td>\n60,981<\/td>\n7.84<\/td>\n3<\/td>\n0.1646 %<\/td>\n2,236.0<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.21 %<\/td>\n4.87 %<\/td>\n170,726<\/td>\n1.90<\/td>\n21<\/td>\n0.0948 %<\/td>\n2,556.3<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.99 %<\/td>\n4.42 %<\/td>\n86,289<\/td>\n2.37<\/td>\n3<\/td>\n0.2666 %<\/td>\n2,642.9<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.68 %<\/td>\n8.34 %<\/td>\n100,429<\/td>\n7.96<\/td>\n21<\/td>\n-0.1381 %<\/td>\n2,021.7<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-2.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 13.63
\nBid-YTW : 10.54 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n-1.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 21.85
\nEvaluated at bid price : 22.09
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nDeemed-Retractible<\/td>\n-1.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.76
\nBid-YTW : 6.95 %<\/td>\n<\/tr>\n
BAM.PF.D<\/td>\nPerpetual-Discount<\/td>\n-1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 20.68
\nEvaluated at bid price : 20.68
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n-1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 13.39
\nEvaluated at bid price : 13.39
\nBid-YTW : 6.56 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.60
\nBid-YTW : 8.31 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 22.69
\nEvaluated at bid price : 22.93
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 16.40
\nBid-YTW : 9.06 %<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 22.02
\nEvaluated at bid price : 22.36
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
PVS.PR.D<\/td>\nSplitShare<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2021-10-08
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.01
\nBid-YTW : 4.41 %<\/td>\n<\/tr>\n
CM.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 22.57
\nEvaluated at bid price : 23.52
\nBid-YTW : 4.99 %<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 14.85
\nEvaluated at bid price : 14.85
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n
BMO.PR.Z<\/td>\nPerpetual-Discount<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 23.75
\nEvaluated at bid price : 24.21
\nBid-YTW : 5.17 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 15.20
\nEvaluated at bid price : 15.20
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
SLF.PR.B<\/td>\nDeemed-Retractible<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.10
\nBid-YTW : 6.48 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 17.23
\nEvaluated at bid price : 17.23
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 15.60
\nEvaluated at bid price : 15.60
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n
EMA.PR.C<\/td>\nFixedReset Disc<\/td>\n1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 16.94
\nEvaluated at bid price : 16.94
\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 16.01
\nEvaluated at bid price : 16.01
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Disc<\/td>\n1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 18.80
\nEvaluated at bid price : 18.80
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 14.85
\nEvaluated at bid price : 14.85
\nBid-YTW : 6.27 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n1.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 16.00
\nEvaluated at bid price : 16.00
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n1.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 15.95
\nEvaluated at bid price : 15.95
\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n1.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 15.80
\nEvaluated at bid price : 15.80
\nBid-YTW : 6.59 %<\/td>\n<\/tr>\n
HSE.PR.C<\/td>\nFixedReset Disc<\/td>\n2.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 15.86
\nEvaluated at bid price : 15.86
\nBid-YTW : 6.99 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nDeemed-Retractible<\/td>\n2.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.52
\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n2.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 12.11
\nEvaluated at bid price : 12.11
\nBid-YTW : 6.60 %<\/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.L<\/td>\nFixedReset Disc<\/td>\n80,675<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 22.62
\nEvaluated at bid price : 23.62
\nBid-YTW : 4.92 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n80,128<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 16.52
\nEvaluated at bid price : 16.52
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n53,250<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 15.90
\nEvaluated at bid price : 15.90
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
TD.PF.H<\/td>\nFixedReset Prem<\/td>\n43,038<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 23.35
\nEvaluated at bid price : 24.51
\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n38,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 14.32
\nEvaluated at bid price : 14.32
\nBid-YTW : 6.76 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n36,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 15.20
\nEvaluated at bid price : 15.20
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
There were 39 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
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.09 – 22.69
\nSpot Rate : 0.6000
\nAverage : 0.3956<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 21.85
\nEvaluated at bid price : 22.09
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n

BAM.PF.D<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.68 – 21.20
\nSpot Rate : 0.5200
\nAverage : 0.3606<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 20.68
\nEvaluated at bid price : 20.68
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n

BIP.PR.A<\/td>\nFixedReset Disc<\/td>\nQuote: 17.19 – 17.60
\nSpot Rate : 0.4100
\nAverage : 0.2543<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 17.19
\nEvaluated at bid price : 17.19
\nBid-YTW : 7.05 %<\/td>\n<\/tr>\n

BNS.PR.I<\/td>\nFixedReset Disc<\/td>\nQuote: 18.78 – 19.15
\nSpot Rate : 0.3700
\nAverage : 0.2250<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 18.78
\nEvaluated at bid price : 18.78
\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n

PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.50 – 21.96
\nSpot Rate : 0.4600
\nAverage : 0.3161<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n

BAM.PR.X<\/td>\nFixedReset Disc<\/td>\nQuote: 11.79 – 12.30
\nSpot Rate : 0.5100
\nAverage : 0.3717<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-22
\nMaturity Price : 11.79
\nEvaluated at bid price : 11.79
\nBid-YTW : 6.39 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

What a great day! Only one of the mainstream indicators made a new 52-week low! TXPR closed at 575.74, up 0.11% on the day. Volume was 2.18-million, nothing special in the context of the past …<\/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-50603","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50603","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=50603"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50603\/revisions"}],"predecessor-version":[{"id":50604,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50603\/revisions\/50604"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}