{"id":51146,"date":"2024-12-17T21:36:00","date_gmt":"2024-12-18T02:36:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=51146"},"modified":"2025-11-28T21:37:50","modified_gmt":"2025-11-29T02:37:50","slug":"december-17-2024","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51146","title":{"rendered":"December 17, 2024"},"content":{"rendered":"<p>Canadian inflation numbers <a href=\"https:\/\/www.theglobeandmail.com\/business\/article-canada-inflation-rate-november-live-updates\/\">came out today<\/a>:<\/p>\n<blockquote>\n<p>Here are some highlights from Tuesday\u2019s report:<\/p>\n<ul>\n<li>Core inflation is showing some mixed signals. On a three-month annualized basis, the Bank of Canada\u2019s preferred measures of core inflation \u2013 which strip out volatile movements in consumer prices \u2013 rose by 3.2 per cent and 3.3 per cent, respectively. Two months ago, those measures were rising by 2.1 per cent.\n<li>On the other hand, the short-term trend for other measures of core inflation is more encouraging. On a three-month annualized basis, the CPI excluding food and energy rose by 1.9 per cent in November, matching the increase in October.\n<li>Rents are moving in the wrong direction. Year-over-year, rental costs jumped by 7.7 per cent in November, up from a 7.3-per-cent pace in October. However, there is ample data out of the private sector that shows asking rents are on the decline in many urban areas.\n<li>Grocery prices rose 2.6 per cent, year-over-year, in November, a slight deceleration from 2.7 per cent in October. While food price increases have moderated, grocery costs have risen by 20 per cent over three years.\n<ul><\/blockquote>\n<p>There was a <a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/inside-the-market\/article-how-market-bets-and-economist-views-for-future-boc-rate-moves-have\/&quot;\">minor reaction from the swaps market<\/a>:<\/p>\n<div align=\"center\"><a href=\"https:\/\/prefblog.com\/wp-content\/uploads\/2024\/12\/swaps_preInflation_241217.png\"><img decoding=\"async\" src=\"https:\/\/prefblog.com\/wp-content\/uploads\/2024\/12\/swaps_preInflation_241217.png\" width=\"400\"><\/a><br \/>Pre-Announcement<\/div>\n<\/p>\n<div align=\"center\"><a href=\"https:\/\/prefblog.com\/wp-content\/uploads\/2024\/12\/swaps_postInflation_241217.png\"><img decoding=\"async\" src=\"https:\/\/prefblog.com\/wp-content\/uploads\/2024\/12\/swaps_postInflation_241217.png\" width=\"400\"><\/a><br \/>Post-Announcement<\/div>\n<p>So the projected December, 2025, policy rate edged up 2bp, from 2.76% to 2.78%. Not much change, but the current projection of 2.78% is significantly higher than the <a href=\"https:\/\/prefblog.com\/?p=47713\">post-BoC-easing rate<\/a> of 2.65%.<\/p>\n<p>TXPR was <a href=\"https:\/\/money.tmx.com\/en\/quote\/%5ETXPR\">down 0.24% today<\/a>, but still managed to set a new 52-week high before sliding.<\/p>\n<table border=\"1\">\n<tr>\n<td colspan=\"8\"><strong>HIMIPref&trade; Preferred Indices<br \/>These values reflect the December 2008 revision of the HIMIPref&trade; Indices<\/strong><br \/>Values are provisional and are finalized monthly<\/td>\n<\/tr>\n<tr>\n<td>Index<\/td>\n<td>Mean<br \/>Current<br \/>Yield<br \/>(at bid)<\/td>\n<td>Median<br \/>YTW<\/td>\n<td>Median<br \/>Average<br \/>Trading<br \/>Value<\/td>\n<td>Median<br \/>Mod Dur<br \/>(YTW)<\/td>\n<td>Issues<\/td>\n<td>Day&#8217;s Perf.<\/td>\n<td>Index Value<\/td>\n<\/tr>\n<tr>\n<td>Ratchet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.4608 %<\/td>\n<td>2,291.9<\/td>\n<\/tr>\n<tr>\n<td>FixedFloater<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.4608 %<\/td>\n<td>4,395.8<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>7.61 %<\/td>\n<td>7.75 %<\/td>\n<td>33,971<\/td>\n<td>11.71<\/td>\n<td>4<\/td>\n<td>0.4608 %<\/td>\n<td>2,533.3<\/td>\n<\/tr>\n<tr>\n<td>OpRet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.0228 %<\/td>\n<td>3,629.0<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.76 %<\/td>\n<td>4.32 %<\/td>\n<td>62,260<\/td>\n<td>1.16<\/td>\n<td>7<\/td>\n<td>-0.0228 %<\/td>\n<td>4,333.8<\/td>\n<\/tr>\n<tr>\n<td>Interest-Bearing<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.0228 %<\/td>\n<td>3,381.4<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.1588 %<\/td>\n<td>2,896.0<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.93 %<\/td>\n<td>6.08 %<\/td>\n<td>52,889<\/td>\n<td>13.70<\/td>\n<td>32<\/td>\n<td>-0.1588 %<\/td>\n<td>3,158.0<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Disc<\/td>\n<td>5.46 %<\/td>\n<td>6.67 %<\/td>\n<td>104,377<\/td>\n<td>12.87<\/td>\n<td>53<\/td>\n<td>-0.3609 %<\/td>\n<td>2,755.4<\/td>\n<\/tr>\n<tr>\n<td>Insurance Straight<\/td>\n<td>5.87 %<\/td>\n<td>5.94 %<\/td>\n<td>65,290<\/td>\n<td>14.02<\/td>\n<td>21<\/td>\n<td>-0.0246 %<\/td>\n<td>3,083.7<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>6.49 %<\/td>\n<td>6.06 %<\/td>\n<td>34,298<\/td>\n<td>12.94<\/td>\n<td>4<\/td>\n<td>1.2642 %<\/td>\n<td>3,310.6<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Prem<\/td>\n<td>6.03 %<\/td>\n<td>5.59 %<\/td>\n<td>204,811<\/td>\n<td>13.76<\/td>\n<td>9<\/td>\n<td>0.0608 %<\/td>\n<td>2,598.0<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Bank Non<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.3609 %<\/td>\n<td>2,816.5<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Ins Non<\/td>\n<td>5.15 %<\/td>\n<td>6.05 %<\/td>\n<td>85,011<\/td>\n<td>13.83<\/td>\n<td>14<\/td>\n<td>-0.1792 %<\/td>\n<td>2,850.5<\/td>\n<\/tr>\n<\/table>\n<table border=\"1\">\n<tr>\n<td colspan=\"4\"><strong>Performance Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Change<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>FFH.PR.I<\/td>\n<td>FixedReset Disc<\/td>\n<td>-26.01 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 16.50<br \/>\nEvaluated at bid price : 16.50<br \/>\nBid-YTW : 8.59 %<\/td>\n<\/tr>\n<tr>\n<td>BIP.PR.F<\/td>\n<td>FixedReset Disc<\/td>\n<td>-6.82 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 21.68<br \/>\nEvaluated at bid price : 22.00<br \/>\nBid-YTW : 6.92 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>-4.47 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 20.10<br \/>\nEvaluated at bid price : 20.10<br \/>\nBid-YTW : 6.75 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.S<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-3.06 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 19.64<br \/>\nEvaluated at bid price : 19.64<br \/>\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.E<\/td>\n<td>Insurance Straight<\/td>\n<td>-2.91 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 20.00<br \/>\nEvaluated at bid price : 20.00<br \/>\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-2.18 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 22.57<br \/>\nEvaluated at bid price : 23.33<br \/>\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.C<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-2.12 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 23.69<br \/>\nEvaluated at bid price : 24.00<br \/>\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.E<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.73 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 20.50<br \/>\nEvaluated at bid price : 20.50<br \/>\nBid-YTW : 6.04 %<\/td>\n<\/tr>\n<tr>\n<td>FFH.PR.H<\/td>\n<td>FloatingReset<\/td>\n<td>-1.61 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 21.45<br \/>\nEvaluated at bid price : 21.45<br \/>\nBid-YTW : 6.74 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.L<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.53 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 22.03<br \/>\nEvaluated at bid price : 22.55<br \/>\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.I<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.49 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 22.91<br \/>\nEvaluated at bid price : 23.80<br \/>\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.G<\/td>\n<td>Insurance Straight<\/td>\n<td>-1.24 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 21.44<br \/>\nEvaluated at bid price : 21.44<br \/>\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.F<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.18 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 21.59<br \/>\nEvaluated at bid price : 21.85<br \/>\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PR.X<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.14 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 16.41<br \/>\nEvaluated at bid price : 16.41<br \/>\nBid-YTW : 7.30 %<\/td>\n<\/tr>\n<tr>\n<td>FFH.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.07 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 21.77<br \/>\nEvaluated at bid price : 22.21<br \/>\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.H<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.05 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 15.95<br \/>\nEvaluated at bid price : 15.95<br \/>\nBid-YTW : 6.90 %<\/td>\n<\/tr>\n<tr>\n<td>FFH.PR.K<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.05 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 22.92<br \/>\nEvaluated at bid price : 23.65<br \/>\nBid-YTW : 6.64 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.D<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.02 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 20.71<br \/>\nEvaluated at bid price : 20.71<br \/>\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.I<\/td>\n<td>Insurance Straight<\/td>\n<td>1.15 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 22.55<br \/>\nEvaluated at bid price : 22.91<br \/>\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PR.B<\/td>\n<td>Floater<\/td>\n<td>1.23 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 12.30<br \/>\nEvaluated at bid price : 12.30<br \/>\nBid-YTW : 7.81 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.P<\/td>\n<td>Insurance Straight<\/td>\n<td>1.25 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 22.40<br \/>\nEvaluated at bid price : 22.66<br \/>\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.F<\/td>\n<td>Insurance Straight<\/td>\n<td>1.32 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 21.78<br \/>\nEvaluated at bid price : 22.25<br \/>\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PF.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.88 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 18.95<br \/>\nEvaluated at bid price : 18.95<br \/>\nBid-YTW : 7.38 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.J<\/td>\n<td>Perpetual-Discount<\/td>\n<td>2.59 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 19.79<br \/>\nEvaluated at bid price : 19.79<br \/>\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.G<\/td>\n<td>Perpetual-Discount<\/td>\n<td>2.71 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 24.29<br \/>\nEvaluated at bid price : 24.60<br \/>\nBid-YTW : 6.08 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.A<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>3.00 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 20.93<br \/>\nEvaluated at bid price : 20.93<br \/>\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.J<\/td>\n<td>FloatingReset<\/td>\n<td>8.01 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 16.31<br \/>\nEvaluated at bid price : 16.31<br \/>\nBid-YTW : 7.09 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PF.H<\/td>\n<td>FixedReset Disc<\/td>\n<td>25.36 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2025-12-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.67<br \/>\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n<\/table>\n<table border=\"1\">\n<tr>\n<td colspan=\"4\"><strong>Volume Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Shares<br \/>Traded<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>79,800<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 23.30<br \/>\nEvaluated at bid price : 24.95<br \/>\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>71,200<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 23.52<br \/>\nEvaluated at bid price : 24.65<br \/>\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.M<\/td>\n<td>FixedReset Disc<\/td>\n<td>56,260<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 20.70<br \/>\nEvaluated at bid price : 20.70<br \/>\nBid-YTW : 6.70 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.D<\/td>\n<td>FixedReset Disc<\/td>\n<td>52,900<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 23.77<br \/>\nEvaluated at bid price : 24.41<br \/>\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.C<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>46,982<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 21.45<br \/>\nEvaluated at bid price : 21.45<br \/>\nBid-YTW : 6.32 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PF.K<\/td>\n<td>FixedReset Disc<\/td>\n<td>39,000<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 21.96<br \/>\nEvaluated at bid price : 22.30<br \/>\nBid-YTW : 7.00 %<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\">There were 19 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n<table border=\"1\">\n<tr>\n<td colspan=\"3\"><strong>Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Quote Data and Yield Notes<\/td>\n<\/tr>\n<tr>\n<td>FFH.PR.I<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 16.50 &#8211; 22.26<br \/>\nSpot Rate  :  5.7600<br \/>\nAverage  :  3.1195<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 16.50<br \/>\nEvaluated at bid price : 16.50<br \/>\nBid-YTW : 8.59 %<\/td>\n<\/tr>\n<tr>\n<td>BIP.PR.F<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 22.00 &#8211; 23.48<br \/>\nSpot Rate  :  1.4800<br \/>\nAverage  :  0.8948<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 21.68<br \/>\nEvaluated at bid price : 22.00<br \/>\nBid-YTW : 6.92 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.L<\/td>\n<td>Insurance Straight<\/td>\n<td>Quote: 23.85 &#8211; 25.15<br \/>\nSpot Rate  :  1.3000<br \/>\nAverage  :  0.7735<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 23.58<br \/>\nEvaluated at bid price : 23.85<br \/>\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PR.M<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 19.02 &#8211; 20.39<br \/>\nSpot Rate  :  1.3700<br \/>\nAverage  :  0.8571<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 19.02<br \/>\nEvaluated at bid price : 19.02<br \/>\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PF.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 18.89 &#8211; 19.95<br \/>\nSpot Rate  :  1.0600<br \/>\nAverage  :  0.6314<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 18.89<br \/>\nEvaluated at bid price : 18.89<br \/>\nBid-YTW : 7.45 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 20.10 &#8211; 21.25<br \/>\nSpot Rate  :  1.1500<br \/>\nAverage  :  0.7473<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2054-12-17<br \/>\nMaturity Price  : 20.10<br \/>\nEvaluated at bid price : 20.10<br \/>\nBid-YTW : 6.75 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Canadian inflation numbers came out today: Here are some highlights from Tuesday\u2019s report: Core inflation is showing some mixed signals. On a three-month annualized basis, the Bank of Canada\u2019s preferred measures of core inflation \u2013 &hellip;<\/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-51146","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51146","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=51146"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51146\/revisions"}],"predecessor-version":[{"id":51147,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51146\/revisions\/51147"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}