{"id":51805,"date":"2026-04-16T21:22:34","date_gmt":"2026-04-17T01:22:34","guid":{"rendered":"https:\/\/prefblog.com\/?p=51805"},"modified":"2026-04-16T21:23:06","modified_gmt":"2026-04-17T01:23:06","slug":"april-16-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51805","title":{"rendered":"April 16, 2026"},"content":{"rendered":"<p>Remember the good old days, when you could triple the value of your company just by sticking a &#8220;dot-com&#8221; in your name? Well, <a href=\"https:\/\/www.theglobeandmail.com\/business\/article-allbirds-rebrand-newbird-ai-infrastructure\/\">happy days are here again<\/a>!<\/p>\n<blockquote><p>Allbirds, the eco-friendly shoe brand that found its way onto the feet of tech CEOs and movie stars before falling on hard times, is pivoting to artificial intelligence.<\/p>\n<p>On Wednesday, the San Francisco-based company said it had signed a definitive agreement with an unnamed institutional investor for US$50-million in financing to shift its business to AI infrastructure. It will also have a new name: NewBird AI. It plans to use the proceeds to purchase graphics processing units, known as GPUs. The transaction is expected to close during the second quarter of this year.<\/p>\n<p>\u201cThe rise of AI development and adoption has created unprecedented structural demand for specialized, high-performance compute that the market is struggling to meet,\u201d the company said in the release. \u201cNewBird AI is being built to help close that gap.\u201d<br \/><b>&#8230;<\/b><br \/>Shares of Allbirds closed up 582 per cent at US$16.99. A few days ago, the stock was trading at US$3.<\/p><\/blockquote>\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>0.2428 %<\/td>\n<td>2,495.4<\/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>0.2428 %<\/td>\n<td>4,731.7<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>5.80 %<\/td>\n<td>5.97 %<\/td>\n<td>26,377<\/td>\n<td>13.96<\/td>\n<td>4<\/td>\n<td>0.2428 %<\/td>\n<td>2,726.9<\/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>-0.2603 %<\/td>\n<td>3,649.1<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.78 %<\/td>\n<td>4.53 %<\/td>\n<td>68,662<\/td>\n<td>2.89<\/td>\n<td>5<\/td>\n<td>-0.2603 %<\/td>\n<td>4,357.8<\/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>-0.2603 %<\/td>\n<td>3,400.2<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.87 %<\/td>\n<td>-2.67 %<\/td>\n<td>62,289<\/td>\n<td>0.08<\/td>\n<td>1<\/td>\n<td>0.3997 %<\/td>\n<td>3,016.1<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.71 %<\/td>\n<td>5.74 %<\/td>\n<td>49,682<\/td>\n<td>14.27<\/td>\n<td>34<\/td>\n<td>0.3675 %<\/td>\n<td>3,319.5<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Disc<\/td>\n<td>5.82 %<\/td>\n<td>5.98 %<\/td>\n<td>110,351<\/td>\n<td>13.80<\/td>\n<td>27<\/td>\n<td>0.0975 %<\/td>\n<td>3,233.9<\/td>\n<\/tr>\n<tr>\n<td>Insurance Straight<\/td>\n<td>5.61 %<\/td>\n<td>5.70 %<\/td>\n<td>54,749<\/td>\n<td>14.33<\/td>\n<td>22<\/td>\n<td>0.2704 %<\/td>\n<td>3,243.3<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/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>0.0975 %<\/td>\n<td>3,847.1<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Prem<\/td>\n<td>5.98 %<\/td>\n<td>4.49 %<\/td>\n<td>88,476<\/td>\n<td>1.96<\/td>\n<td>21<\/td>\n<td>0.1028 %<\/td>\n<td>2,651.7<\/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>0.0975 %<\/td>\n<td>3,305.7<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Ins Non<\/td>\n<td>5.14 %<\/td>\n<td>5.28 %<\/td>\n<td>76,799<\/td>\n<td>14.49<\/td>\n<td>14<\/td>\n<td>0.5762 %<\/td>\n<td>3,218.3<\/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>IFC.PR.I<\/td>\n<td>Insurance Straight<\/td>\n<td>-9.11 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 21.80<br \/>\nEvaluated at bid price : 22.06<br \/>\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.P<\/td>\n<td>FixedReset Disc<\/td>\n<td>-2.94 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 22.31<br \/>\nEvaluated at bid price : 22.78<br \/>\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.F<\/td>\n<td>Insurance Straight<\/td>\n<td>1.13 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 22.92<br \/>\nEvaluated at bid price : 23.17<br \/>\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.A<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.24 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 24.21<br \/>\nEvaluated at bid price : 24.50<br \/>\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.K<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.26 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 24.52<br \/>\nEvaluated at bid price : 24.91<br \/>\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.C<\/td>\n<td>Insurance Straight<\/td>\n<td>1.34 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 21.19<br \/>\nEvaluated at bid price : 21.19<br \/>\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.L<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.35 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 21.54<br \/>\nEvaluated at bid price : 21.80<br \/>\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n<tr>\n<td>CCS.PR.C<\/td>\n<td>Insurance Straight<\/td>\n<td>1.56 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 22.60<br \/>\nEvaluated at bid price : 22.85<br \/>\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.N<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>2.03 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 19.13<br \/>\nEvaluated at bid price : 19.13<br \/>\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>2.04 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 20.46<br \/>\nEvaluated at bid price : 20.46<br \/>\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.A<\/td>\n<td>Perpetual-Discount<\/td>\n<td>2.09 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 24.61<br \/>\nEvaluated at bid price : 24.87<br \/>\nBid-YTW : 5.60 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PR.X<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.30 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 20.45<br \/>\nEvaluated at bid price : 20.45<br \/>\nBid-YTW : 6.00 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.B<\/td>\n<td>Insurance Straight<\/td>\n<td>5.00 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 21.81<br \/>\nEvaluated at bid price : 22.05<br \/>\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.E<\/td>\n<td>Insurance Straight<\/td>\n<td>5.86 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 23.24<br \/>\nEvaluated at bid price : 23.50<br \/>\nBid-YTW : 5.57 %<\/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>BN.PF.J<\/td>\n<td>FixedReset Prem<\/td>\n<td>59,100<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2027-12-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.35<br \/>\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.S<\/td>\n<td>FixedReset Prem<\/td>\n<td>56,155<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2028-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.56<br \/>\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.Y<\/td>\n<td>FixedReset Disc<\/td>\n<td>40,280<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 21.44<br \/>\nEvaluated at bid price : 21.78<br \/>\nBid-YTW : 6.31 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PF.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>26,225<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 22.26<br \/>\nEvaluated at bid price : 22.85<br \/>\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n<tr>\n<td>PVS.PR.M<\/td>\n<td>SplitShare<\/td>\n<td>23,360<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2031-03-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.42<br \/>\nBid-YTW : 4.92 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.I<\/td>\n<td>Insurance Straight<\/td>\n<td>21,500<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 21.80<br \/>\nEvaluated at bid price : 22.06<br \/>\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n<tr>\n<td colspan='4'>There were 9 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 colspan='3'>See <a href='https:\/\/prefblog.com\/?p=13456'>TMX DataLinx: &#8216;Last&#8217; != &#8216;Close&#8217;<\/a> and the posts linked therein for an idea of why these quotes are so horrible.<\/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>IFC.PR.I<\/td>\n<td>Insurance Straight<\/td>\n<td>Quote: 22.06 &#8211; 24.75<br \/>\nSpot Rate  :  2.6900<br \/>\nAverage  :  1.6543<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 21.80<br \/>\nEvaluated at bid price : 22.06<br \/>\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.I<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>Quote: 25.98 &#8211; 26.98<br \/>\nSpot Rate  :  1.0000<br \/>\nAverage  :  0.6278<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2027-09-19<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.98<br \/>\nBid-YTW : 3.48 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.P<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 22.78 &#8211; 23.64<br \/>\nSpot Rate  :  0.8600<br \/>\nAverage  :  0.5406<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 22.31<br \/>\nEvaluated at bid price : 22.78<br \/>\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.D<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 22.00 &#8211; 23.00<br \/>\nSpot Rate  :  1.0000<br \/>\nAverage  :  0.7053<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 21.75<br \/>\nEvaluated at bid price : 22.00<br \/>\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.H<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>Quote: 23.94 &#8211; 24.94<br \/>\nSpot Rate  :  1.0000<br \/>\nAverage  :  0.7445<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-04-16<br \/>\nMaturity Price  : 23.14<br \/>\nEvaluated at bid price : 23.94<br \/>\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PF.J<\/td>\n<td>FixedReset Prem<\/td>\n<td>Quote: 25.35 &#8211; 25.90<br \/>\nSpot Rate  :  0.5500<br \/>\nAverage  :  0.3828<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2027-12-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.35<br \/>\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Remember the good old days, when you could triple the value of your company just by sticking a &#8220;dot-com&#8221; in your name? Well, happy days are here again! Allbirds, the eco-friendly shoe brand that found &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-51805","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51805","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=51805"}],"version-history":[{"count":2,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51805\/revisions"}],"predecessor-version":[{"id":51807,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51805\/revisions\/51807"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}