{"id":5885,"date":"2009-03-13T20:23:27","date_gmt":"2009-03-14T00:23:27","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=5885"},"modified":"2009-03-13T20:23:27","modified_gmt":"2009-03-14T00:23:27","slug":"march-13-2009","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=5885","title":{"rendered":"March 13, 2009"},"content":{"rendered":"<p>Alas, no time for extensive commentary!<\/p>\n<p>PerpetualDiscounts rocketted up, led by insurers, in a day of fairly light volume.<\/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>-1.0105 %<\/td>\n<td>797.3<\/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>-1.0105 %<\/td>\n<td>1,289.4<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>4.96 %<\/td>\n<td>6.11 %<\/td>\n<td>61,498<\/td>\n<td>13.77<\/td>\n<td>3<\/td>\n<td>-1.0105 %<\/td>\n<td>996.1<\/td>\n<\/tr>\n<tr>\n<td>OpRet<\/td>\n<td>5.30 %<\/td>\n<td>5.08 %<\/td>\n<td>134,351<\/td>\n<td>3.91<\/td>\n<td>15<\/td>\n<td>0.1756 %<\/td>\n<td>2,042.2<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>7.08 %<\/td>\n<td>11.17 %<\/td>\n<td>53,610<\/td>\n<td>4.76<\/td>\n<td>6<\/td>\n<td>-0.1853 %<\/td>\n<td>1,568.3<\/td>\n<\/tr>\n<tr>\n<td>Interest-Bearing<\/td>\n<td>6.15 %<\/td>\n<td>10.68 %<\/td>\n<td>35,393<\/td>\n<td>0.76<\/td>\n<td>1<\/td>\n<td>0.5155 %<\/td>\n<td>1,908.1<\/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>1.3725 %<\/td>\n<td>1,464.2<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>7.38 %<\/td>\n<td>7.52 %<\/td>\n<td>160,912<\/td>\n<td>11.95<\/td>\n<td>71<\/td>\n<td>1.3725 %<\/td>\n<td>1,348.5<\/td>\n<\/tr>\n<tr>\n<td>FixedReset<\/td>\n<td>6.23 %<\/td>\n<td>5.87 %<\/td>\n<td>636,061<\/td>\n<td>13.70<\/td>\n<td>30<\/td>\n<td>0.3010 %<\/td>\n<td>1,774.6<\/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>BAM.PR.B<\/td>\n<td>Floater<\/td>\n<td>-3.17 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 7.03<br \/>\nEvaluated at bid price : 7.03<br \/>\nBid-YTW : 6.23 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.F<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-2.51 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 19.01<br \/>\nEvaluated at bid price : 19.01<br \/>\nBid-YTW : 7.80 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.G<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.84 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 16.00<br \/>\nEvaluated at bid price : 16.00<br \/>\nBid-YTW : 8.17 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.E<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.70 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 17.30<br \/>\nEvaluated at bid price : 17.30<br \/>\nBid-YTW : 8.11 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.J<\/td>\n<td>FixedReset<\/td>\n<td>-1.70 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 22.57<br \/>\nEvaluated at bid price : 22.61<br \/>\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n<tr>\n<td>IGM.PR.A<\/td>\n<td>OpRet<\/td>\n<td>-1.58 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Soft Maturity<br \/>\nMaturity Date\t: 2013-06-29<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.60<br \/>\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n<tr>\n<td>BNA.PR.C<\/td>\n<td>SplitShare<\/td>\n<td>-1.39 %<\/td>\n<td>Asset coverage of 1.7-:1 as of February 28, according to <a href=\"http:\/\/www.bamsplit.com\/investor\/nav.htm\">the company<\/a>.<br \/>\nYTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2019-01-10<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 10.63<br \/>\nBid-YTW : 16.44 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.K<\/td>\n<td>FixedReset<\/td>\n<td>-1.15 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 21.50<br \/>\nEvaluated at bid price : 21.50<br \/>\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.L<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.02 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 19.80<br \/>\nEvaluated at bid price : 19.80<br \/>\nBid-YTW : 7.42 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.M<\/td>\n<td>FixedReset<\/td>\n<td>1.02 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 23.01<br \/>\nEvaluated at bid price : 24.66<br \/>\nBid-YTW : 6.23 %<\/td>\n<\/tr>\n<tr>\n<td>TCA.PR.Y<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.06 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 45.32<br \/>\nEvaluated at bid price : 47.50<br \/>\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.L<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.09 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 15.76<br \/>\nEvaluated at bid price : 15.76<br \/>\nBid-YTW : 8.26 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.L<\/td>\n<td>FixedReset<\/td>\n<td>1.12 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 23.47<br \/>\nEvaluated at bid price : 23.51<br \/>\nBid-YTW : 5.03 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.A<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.12 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 16.21<br \/>\nEvaluated at bid price : 16.21<br \/>\nBid-YTW : 6.95 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.M<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.18 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 16.32<br \/>\nEvaluated at bid price : 16.32<br \/>\nBid-YTW : 7.02 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.K<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.20 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 20.22<br \/>\nEvaluated at bid price : 20.22<br \/>\nBid-YTW : 7.34 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.M<\/td>\n<td>FixedReset<\/td>\n<td>1.20 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 21.00<br \/>\nEvaluated at bid price : 21.00<br \/>\nBid-YTW : 4.47 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.O<\/td>\n<td>OpRet<\/td>\n<td>1.21 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Option Certainty<br \/>\nMaturity Date\t: 2013-06-30<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 20.85<br \/>\nBid-YTW : 9.81 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PR.Y<\/td>\n<td>FixedReset<\/td>\n<td>1.25 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 20.25<br \/>\nEvaluated at bid price : 20.25<br \/>\nBid-YTW : 4.75 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.D<\/td>\n<td>FixedReset<\/td>\n<td>1.27 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 23.93<br \/>\nEvaluated at bid price : 23.97<br \/>\nBid-YTW : 6.70 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.A<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.41 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 18.00<br \/>\nEvaluated at bid price : 18.00<br \/>\nBid-YTW : 7.96 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.F<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.46 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 16.00<br \/>\nEvaluated at bid price : 16.00<br \/>\nBid-YTW : 7.05 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.L<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.47 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 16.61<br \/>\nEvaluated at bid price : 16.61<br \/>\nBid-YTW : 6.90 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.O<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.47 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 20.06<br \/>\nEvaluated at bid price : 20.06<br \/>\nBid-YTW : 7.11 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.B<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.53 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 17.30<br \/>\nEvaluated at bid price : 17.30<br \/>\nBid-YTW : 7.91 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.K<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.54 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 17.75<br \/>\nEvaluated at bid price : 17.75<br \/>\nBid-YTW : 7.49 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.C<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.56 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 13.66<br \/>\nEvaluated at bid price : 13.66<br \/>\nBid-YTW : 8.19 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.M<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.56 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 12.35<br \/>\nEvaluated at bid price : 12.35<br \/>\nBid-YTW : 9.68 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.E<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.59 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 18.48<br \/>\nEvaluated at bid price : 18.48<br \/>\nBid-YTW : 7.73 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.I<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.65 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 14.20<br \/>\nEvaluated at bid price : 14.20<br \/>\nBid-YTW : 7.97 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.C<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.73 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 16.51<br \/>\nEvaluated at bid price : 16.51<br \/>\nBid-YTW : 7.06 %<\/td>\n<\/tr>\n<tr>\n<td>IAG.PR.A<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.81 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 14.61<br \/>\nEvaluated at bid price : 14.61<br \/>\nBid-YTW : 7.91 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.D<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.84 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 16.05<br \/>\nEvaluated at bid price : 16.05<br \/>\nBid-YTW : 7.10 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.J<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.84 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 16.05<br \/>\nEvaluated at bid price : 16.05<br \/>\nBid-YTW : 7.10 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.G<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.95 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 17.78<br \/>\nEvaluated at bid price : 17.78<br \/>\nBid-YTW : 7.75 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.R<\/td>\n<td>FixedReset<\/td>\n<td>2.02 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 20.70<br \/>\nEvaluated at bid price : 20.70<br \/>\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.N<\/td>\n<td>Perpetual-Discount<\/td>\n<td>2.02 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 19.15<br \/>\nEvaluated at bid price : 19.15<br \/>\nBid-YTW : 6.98 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.D<\/td>\n<td>Perpetual-Discount<\/td>\n<td>2.05 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 16.45<br \/>\nEvaluated at bid price : 16.45<br \/>\nBid-YTW : 7.78 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.B<\/td>\n<td>Perpetual-Discount<\/td>\n<td>2.18 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 16.87<br \/>\nEvaluated at bid price : 16.87<br \/>\nBid-YTW : 7.06 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PR.Q<\/td>\n<td>Perpetual-Discount<\/td>\n<td>2.45 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 20.50<br \/>\nEvaluated at bid price : 20.50<br \/>\nBid-YTW : 6.95 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.J<\/td>\n<td>Perpetual-Discount<\/td>\n<td>2.49 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 15.20<br \/>\nEvaluated at bid price : 15.20<br \/>\nBid-YTW : 7.55 %<\/td>\n<\/tr>\n<tr>\n<td>CIU.PR.A<\/td>\n<td>Perpetual-Discount<\/td>\n<td>2.50 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 16.41<br \/>\nEvaluated at bid price : 16.41<br \/>\nBid-YTW : 7.09 %<\/td>\n<\/tr>\n<tr>\n<td>HSB.PR.C<\/td>\n<td>Perpetual-Discount<\/td>\n<td>2.69 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 17.15<br \/>\nEvaluated at bid price : 17.15<br \/>\nBid-YTW : 7.47 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.H<\/td>\n<td>Perpetual-Discount<\/td>\n<td>2.94 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 15.40<br \/>\nEvaluated at bid price : 15.40<br \/>\nBid-YTW : 7.92 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.F<\/td>\n<td>Perpetual-Discount<\/td>\n<td>3.03 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 17.01<br \/>\nEvaluated at bid price : 17.01<br \/>\nBid-YTW : 7.87 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.C<\/td>\n<td>Perpetual-Discount<\/td>\n<td>3.15 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 19.01<br \/>\nEvaluated at bid price : 19.01<br \/>\nBid-YTW : 7.81 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.H<\/td>\n<td>Perpetual-Discount<\/td>\n<td>3.21 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 16.06<br \/>\nEvaluated at bid price : 16.06<br \/>\nBid-YTW : 7.62 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.I<\/td>\n<td>Perpetual-Discount<\/td>\n<td>3.48 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 15.75<br \/>\nEvaluated at bid price : 15.75<br \/>\nBid-YTW : 7.61 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.P<\/td>\n<td>Perpetual-Discount<\/td>\n<td>3.62 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 18.62<br \/>\nEvaluated at bid price : 18.62<br \/>\nBid-YTW : 7.53 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.D<\/td>\n<td>Perpetual-Discount<\/td>\n<td>3.70 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 14.01<br \/>\nEvaluated at bid price : 14.01<br \/>\nBid-YTW : 7.98 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.J<\/td>\n<td>OpRet<\/td>\n<td>3.90 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Soft Maturity<br \/>\nMaturity Date\t: 2018-03-30<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 17.85<br \/>\nBid-YTW : 10.37 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PR.S<\/td>\n<td>FixedReset<\/td>\n<td>4.05 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 20.30<br \/>\nEvaluated at bid price : 20.30<br \/>\nBid-YTW : 4.60 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.C<\/td>\n<td>Perpetual-Discount<\/td>\n<td>4.26 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 14.20<br \/>\nEvaluated at bid price : 14.20<br \/>\nBid-YTW : 7.99 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.A<\/td>\n<td>Perpetual-Discount<\/td>\n<td>4.42 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 14.16<br \/>\nEvaluated at bid price : 14.16<br \/>\nBid-YTW : 8.43 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.E<\/td>\n<td>Perpetual-Discount<\/td>\n<td>5.10 %<\/td>\n<td>Traded 6,100 shares in a range of 13.80-10 before closing at 14.01-24, 1&#215;10.<br \/>\nYTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 14.01<br \/>\nEvaluated at bid price : 14.01<br \/>\nBid-YTW : 8.07 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.H<\/td>\n<td>Perpetual-Discount<\/td>\n<td>5.46 %<\/td>\n<td>Traded 4,900 shares in a range of 18.02-29 before closing at 18.16-29, 1&#215;3.<br \/>\nYTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 18.16<br \/>\nEvaluated at bid price : 18.16<br \/>\nBid-YTW : 8.08 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.B<\/td>\n<td>Perpetual-Discount<\/td>\n<td>5.49 %<\/td>\n<td>Traded 5,800 shares in a range of 14.40-94 before closing at 14.61-79, 5&#215;3.<br \/>\nYTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 14.61<br \/>\nEvaluated at bid price : 14.61<br \/>\nBid-YTW : 8.26 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.B<\/td>\n<td>Perpetual-Discount<\/td>\n<td>8.94 %<\/td>\n<td>Traded 6,006 shares in a range of 14.65-16.44 before closing at 15.96-25, 3&#215;7.<br \/>\nYTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 15.96<br \/>\nEvaluated at bid price : 15.96<br \/>\nBid-YTW : 7.34 %<\/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>TD.PR.I<\/td>\n<td>FixedReset<\/td>\n<td>64,174<\/td>\n<td><a href=\"http:\/\/www.prefblog.com\/?p=5808\">Recent new issue<\/a>.<br \/>\nYTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 23.12<br \/>\nEvaluated at bid price : 24.95<br \/>\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.T<\/td>\n<td>FixedReset<\/td>\n<td>57,950<\/td>\n<td><a href=\"http:\/\/www.prefblog.com\/?p=5819\">Recent new issue<\/a>.<br \/>\nYTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 23.11<br \/>\nEvaluated at bid price : 24.95<br \/>\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.D<\/td>\n<td>FixedReset<\/td>\n<td>36,690<\/td>\n<td><a href=\"http:\/\/www.prefblog.com\/?p=5755\">Recent new issue<\/a>.<br \/>\nYTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 23.93<br \/>\nEvaluated at bid price : 23.97<br \/>\nBid-YTW : 6.70 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.M<\/td>\n<td>FixedReset<\/td>\n<td>32,870<\/td>\n<td><a href=\"http:\/\/www.prefblog.com\/?p=5805\">Recent new issue<\/a>.<br \/>\nYTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 23.01<br \/>\nEvaluated at bid price : 24.66<br \/>\nBid-YTW : 6.23 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.L<\/td>\n<td>FixedReset<\/td>\n<td>31,095<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 24.96<br \/>\nEvaluated at bid price : 25.01<br \/>\nBid-YTW : 6.35 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.K<\/td>\n<td>Perpetual-Discount<\/td>\n<td>28,270<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2039-03-13<br \/>\nMaturity Price  : 14.91<br \/>\nEvaluated at bid price : 14.91<br \/>\nBid-YTW : 8.47 %<\/td>\n<\/tr>\n<tr>\n<td colspan='4'>There were 23 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Alas, no time for extensive commentary! PerpetualDiscounts rocketted up, led by insurers, in a day of fairly light volume. HIMIPref&trade; Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref&trade; IndicesValues are provisional and &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-5885","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/5885","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=5885"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/5885\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}