<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<seriesDetail>
<series id="WM_SAN_BEDP20180709_C4_TR">
<label>Turnover ratio (left scale)</label>
<description>Turnover ratio (%)</description>
<dimension key="d" name="Date"/>
<dateFormat>monthly</dateFormat>
    <metadata>
          </metadata>
</series>
<series id="WM_SAN_BEDP20180709_C4_ZTD">
<label>Zero-trade days (right scale)</label>
<description>Zero-trade days (%) (inverted scale)</description>
<dimension key="d" name="Date"/>
<dateFormat>monthly</dateFormat>
    <metadata>
          </metadata>
</series>
</seriesDetail>
<observations>
<o d="2010-01-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.193051790</v><v s="WM_SAN_BEDP20180709_C4_ZTD">80.000000000</v></o>
<o d="2010-02-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.880000000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">78.947368421</v></o>
<o d="2010-03-01"><v s="WM_SAN_BEDP20180709_C4_TR">1.866666667</v><v s="WM_SAN_BEDP20180709_C4_ZTD">82.608695652</v></o>
<o d="2010-04-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.608000000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">80.952380952</v></o>
<o d="2010-05-01"><v s="WM_SAN_BEDP20180709_C4_TR">1.823559049</v><v s="WM_SAN_BEDP20180709_C4_ZTD">80.000000000</v></o>
<o d="2010-06-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.479902664</v><v s="WM_SAN_BEDP20180709_C4_ZTD">79.545454545</v></o>
<o d="2010-07-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.505752961</v><v s="WM_SAN_BEDP20180709_C4_ZTD">76.190476190</v></o>
<o d="2010-08-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.067541058</v><v s="WM_SAN_BEDP20180709_C4_ZTD">80.952380952</v></o>
<o d="2010-09-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.346500000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">76.190476190</v></o>
<o d="2010-10-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.306250000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">80.000000000</v></o>
<o d="2010-11-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.536388889</v><v s="WM_SAN_BEDP20180709_C4_ZTD">76.190476190</v></o>
<o d="2010-12-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.197511364</v><v s="WM_SAN_BEDP20180709_C4_ZTD">76.190476190</v></o>
<o d="2011-01-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.501517650</v><v s="WM_SAN_BEDP20180709_C4_ZTD">75.000000000</v></o>
<o d="2011-02-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.386200000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">73.684210526</v></o>
<o d="2011-03-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.726933333</v><v s="WM_SAN_BEDP20180709_C4_ZTD">73.913043478</v></o>
<o d="2011-04-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.630222222</v><v s="WM_SAN_BEDP20180709_C4_ZTD">75.000000000</v></o>
<o d="2011-05-01"><v s="WM_SAN_BEDP20180709_C4_TR">5.175833333</v><v s="WM_SAN_BEDP20180709_C4_ZTD">80.952380952</v></o>
<o d="2011-06-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.941000000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">72.727272727</v></o>
<o d="2011-07-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.600000000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">75.000000000</v></o>
<o d="2011-08-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.847666667</v><v s="WM_SAN_BEDP20180709_C4_ZTD">77.272727273</v></o>
<o d="2011-09-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.835285714</v><v s="WM_SAN_BEDP20180709_C4_ZTD">71.428571429</v></o>
<o d="2011-10-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.522000000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">75.000000000</v></o>
<o d="2011-11-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.250270679</v><v s="WM_SAN_BEDP20180709_C4_ZTD">76.190476190</v></o>
<o d="2011-12-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.727565476</v><v s="WM_SAN_BEDP20180709_C4_ZTD">70.000000000</v></o>
<o d="2012-01-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.165733333</v><v s="WM_SAN_BEDP20180709_C4_ZTD">71.428571429</v></o>
<o d="2012-02-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.666777714</v><v s="WM_SAN_BEDP20180709_C4_ZTD">70.000000000</v></o>
<o d="2012-03-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.480147727</v><v s="WM_SAN_BEDP20180709_C4_ZTD">72.727272727</v></o>
<o d="2012-04-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.754675258</v><v s="WM_SAN_BEDP20180709_C4_ZTD">70.000000000</v></o>
<o d="2012-05-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.766709937</v><v s="WM_SAN_BEDP20180709_C4_ZTD">72.727272727</v></o>
<o d="2012-06-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.542000000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">61.904761905</v></o>
<o d="2012-07-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.388166667</v><v s="WM_SAN_BEDP20180709_C4_ZTD">71.428571429</v></o>
<o d="2012-08-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.221234180</v><v s="WM_SAN_BEDP20180709_C4_ZTD">72.727272727</v></o>
<o d="2012-09-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.392365217</v><v s="WM_SAN_BEDP20180709_C4_ZTD">68.421052632</v></o>
<o d="2012-10-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.683916084</v><v s="WM_SAN_BEDP20180709_C4_ZTD">77.272727273</v></o>
<o d="2012-11-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.904750000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">71.428571429</v></o>
<o d="2012-12-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.808791667</v><v s="WM_SAN_BEDP20180709_C4_ZTD">68.421052632</v></o>
<o d="2013-01-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.577500000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">72.727272727</v></o>
<o d="2013-02-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.415464286</v><v s="WM_SAN_BEDP20180709_C4_ZTD">73.684210526</v></o>
<o d="2013-03-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.292000000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">65.000000000</v></o>
<o d="2013-04-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.113462912</v><v s="WM_SAN_BEDP20180709_C4_ZTD">77.272727273</v></o>
<o d="2013-05-01"><v s="WM_SAN_BEDP20180709_C4_TR">5.308000000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">68.181818182</v></o>
<o d="2013-06-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.821000000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">60.000000000</v></o>
<o d="2013-07-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.166636364</v><v s="WM_SAN_BEDP20180709_C4_ZTD">68.181818182</v></o>
<o d="2013-08-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.794066667</v><v s="WM_SAN_BEDP20180709_C4_ZTD">66.666666667</v></o>
<o d="2013-09-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.891048951</v><v s="WM_SAN_BEDP20180709_C4_ZTD">60.000000000</v></o>
<o d="2013-10-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.962871429</v><v s="WM_SAN_BEDP20180709_C4_ZTD">63.636363636</v></o>
<o d="2013-11-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.019434783</v><v s="WM_SAN_BEDP20180709_C4_ZTD">70.000000000</v></o>
<o d="2013-12-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.468885417</v><v s="WM_SAN_BEDP20180709_C4_ZTD">65.000000000</v></o>
<o d="2014-01-01"><v s="WM_SAN_BEDP20180709_C4_TR">5.912252541</v><v s="WM_SAN_BEDP20180709_C4_ZTD">68.181818182</v></o>
<o d="2014-02-01"><v s="WM_SAN_BEDP20180709_C4_TR">5.076727273</v><v s="WM_SAN_BEDP20180709_C4_ZTD">68.421052632</v></o>
<o d="2014-03-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.119034539</v><v s="WM_SAN_BEDP20180709_C4_ZTD">61.904761905</v></o>
<o d="2014-04-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.562120033</v><v s="WM_SAN_BEDP20180709_C4_ZTD">66.666666667</v></o>
<o d="2014-05-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.957631579</v><v s="WM_SAN_BEDP20180709_C4_ZTD">66.666666667</v></o>
<o d="2014-06-01"><v s="WM_SAN_BEDP20180709_C4_TR">5.181801849</v><v s="WM_SAN_BEDP20180709_C4_ZTD">61.904761905</v></o>
<o d="2014-07-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.342307692</v><v s="WM_SAN_BEDP20180709_C4_ZTD">68.181818182</v></o>
<o d="2014-08-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.115589041</v><v s="WM_SAN_BEDP20180709_C4_ZTD">75.000000000</v></o>
<o d="2014-09-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.538333333</v><v s="WM_SAN_BEDP20180709_C4_ZTD">66.666666667</v></o>
<o d="2014-10-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.575366667</v><v s="WM_SAN_BEDP20180709_C4_ZTD">68.181818182</v></o>
<o d="2014-11-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.637000000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">68.421052632</v></o>
<o d="2014-12-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.508000000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">66.666666667</v></o>
<o d="2015-01-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.644480000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">66.666666667</v></o>
<o d="2015-02-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.835705628</v><v s="WM_SAN_BEDP20180709_C4_ZTD">68.421052632</v></o>
<o d="2015-03-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.996509698</v><v s="WM_SAN_BEDP20180709_C4_ZTD">68.181818182</v></o>
<o d="2015-04-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.773783143</v><v s="WM_SAN_BEDP20180709_C4_ZTD">66.666666667</v></o>
<o d="2015-05-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.704380952</v><v s="WM_SAN_BEDP20180709_C4_ZTD">60.000000000</v></o>
<o d="2015-06-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.920329670</v><v s="WM_SAN_BEDP20180709_C4_ZTD">63.636363636</v></o>
<o d="2015-07-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.665777778</v><v s="WM_SAN_BEDP20180709_C4_ZTD">72.727272727</v></o>
<o d="2015-08-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.189409190</v><v s="WM_SAN_BEDP20180709_C4_ZTD">70.000000000</v></o>
<o d="2015-09-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.852780952</v><v s="WM_SAN_BEDP20180709_C4_ZTD">71.428571429</v></o>
<o d="2015-10-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.385886556</v><v s="WM_SAN_BEDP20180709_C4_ZTD">61.904761905</v></o>
<o d="2015-11-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.651666667</v><v s="WM_SAN_BEDP20180709_C4_ZTD">70.000000000</v></o>
<o d="2015-12-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.674400000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">66.666666667</v></o>
<o d="2016-01-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.922611111</v><v s="WM_SAN_BEDP20180709_C4_ZTD">65.000000000</v></o>
<o d="2016-02-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.225806452</v><v s="WM_SAN_BEDP20180709_C4_ZTD">70.000000000</v></o>
<o d="2016-03-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.800000000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">68.181818182</v></o>
<o d="2016-04-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.338800000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">61.904761905</v></o>
<o d="2016-05-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.266857143</v><v s="WM_SAN_BEDP20180709_C4_ZTD">66.666666667</v></o>
<o d="2016-06-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.937647059</v><v s="WM_SAN_BEDP20180709_C4_ZTD">68.181818182</v></o>
<o d="2016-07-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.628880435</v><v s="WM_SAN_BEDP20180709_C4_ZTD">70.000000000</v></o>
<o d="2016-08-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.675054348</v><v s="WM_SAN_BEDP20180709_C4_ZTD">68.181818182</v></o>
<o d="2016-09-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.012647059</v><v s="WM_SAN_BEDP20180709_C4_ZTD">66.666666667</v></o>
<o d="2016-10-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.858000000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">70.000000000</v></o>
<o d="2016-11-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.055000000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">71.428571429</v></o>
<o d="2016-12-01"><v s="WM_SAN_BEDP20180709_C4_TR">2.856250000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">60.000000000</v></o>
<o d="2017-01-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.340298570</v><v s="WM_SAN_BEDP20180709_C4_ZTD">61.904761905</v></o>
<o d="2017-02-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.689414623</v><v s="WM_SAN_BEDP20180709_C4_ZTD">63.157894737</v></o>
<o d="2017-03-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.598000000</v><v s="WM_SAN_BEDP20180709_C4_ZTD">65.217391304</v></o>
<o d="2017-04-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.539793103</v><v s="WM_SAN_BEDP20180709_C4_ZTD">63.157894737</v></o>
<o d="2017-05-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.374835165</v><v s="WM_SAN_BEDP20180709_C4_ZTD">68.181818182</v></o>
<o d="2017-06-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.204285714</v><v s="WM_SAN_BEDP20180709_C4_ZTD">54.545454545</v></o>
<o d="2017-07-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.038777778</v><v s="WM_SAN_BEDP20180709_C4_ZTD">65.000000000</v></o>
<o d="2017-08-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.004674242</v><v s="WM_SAN_BEDP20180709_C4_ZTD">63.636363636</v></o>
<o d="2017-09-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.736312500</v><v s="WM_SAN_BEDP20180709_C4_ZTD">65.000000000</v></o>
<o d="2017-10-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.668226374</v><v s="WM_SAN_BEDP20180709_C4_ZTD">61.904761905</v></o>
<o d="2017-11-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.121428571</v><v s="WM_SAN_BEDP20180709_C4_ZTD">71.428571429</v></o>
<o d="2017-12-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.047073171</v><v s="WM_SAN_BEDP20180709_C4_ZTD">57.894736842</v></o>
<o d="2018-01-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.892580126</v><v s="WM_SAN_BEDP20180709_C4_ZTD">68.181818182</v></o>
<o d="2018-02-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.733266667</v><v s="WM_SAN_BEDP20180709_C4_ZTD">68.421052632</v></o>
<o d="2018-03-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.364267241</v><v s="WM_SAN_BEDP20180709_C4_ZTD">57.142857143</v></o>
<o d="2018-04-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.562950661</v><v s="WM_SAN_BEDP20180709_C4_ZTD">57.142857143</v></o>
<o d="2018-05-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.427480916</v><v s="WM_SAN_BEDP20180709_C4_ZTD">63.636363636</v></o>
<o d="2018-06-01"><v s="WM_SAN_BEDP20180709_C4_TR">4.509014368</v><v s="WM_SAN_BEDP20180709_C4_ZTD">57.142857143</v></o>
<o d="2018-07-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.246266667</v><v s="WM_SAN_BEDP20180709_C4_ZTD">68.181818182</v></o>
<o d="2018-08-01"><v s="WM_SAN_BEDP20180709_C4_TR">3.878909091</v><v s="WM_SAN_BEDP20180709_C4_ZTD">69.565217391</v></o>
</observations>
</data>