The New York Fed has updated its Global Supply Chain Pressure Index (GSCPI):
- Global supply chain pressures declined in June, continuing the decrease we observed for May.
- The June decline was mostly due to a large decrease in Chinese supply delivery times.
- The moves in the GSCPI over the past three months suggest that although global supply chain pressures have been decreasing, they remain at historically high levels.
| HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
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| Index | Mean Current Yield (at bid) |
Median YTW |
Median Average Trading Value |
Median Mod Dur (YTW) |
Issues | Day’s Perf. | Index Value |
| Ratchet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5704 % | 2,483.7 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5704 % | 4,763.6 |
| Floater | 5.01 % | 5.06 % | 39,620 | 15.44 | 3 | 0.5704 % | 2,745.3 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4540 % | 3,501.1 |
| SplitShare | 4.86 % | 5.17 % | 49,738 | 3.17 | 8 | 0.4540 % | 4,181.1 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4540 % | 3,262.3 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2861 % | 2,838.2 |
| Perpetual-Discount | 6.01 % | 6.08 % | 67,820 | 13.78 | 34 | -0.2861 % | 3,095.0 |
| FixedReset Disc | 4.76 % | 6.31 % | 115,209 | 13.70 | 56 | 0.1704 % | 2,476.0 |
| Insurance Straight | 6.00 % | 6.07 % | 90,669 | 13.81 | 18 | 0.3113 % | 2,996.0 |
| FloatingReset | 5.93 % | 6.31 % | 44,394 | 13.48 | 2 | -0.0945 % | 2,574.6 |
| FixedReset Prem | 5.01 % | 4.48 % | 133,119 | 1.96 | 10 | -0.0356 % | 2,602.4 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1704 % | 2,531.0 |
| FixedReset Ins Non | 4.77 % | 6.55 % | 61,608 | 13.47 | 14 | -0.0222 % | 2,557.2 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| MFC.PR.N | FixedReset Ins Non | -5.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 17.83 Evaluated at bid price : 17.83 Bid-YTW : 7.19 % |
| RY.PR.J | FixedReset Disc | -1.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 21.10 Evaluated at bid price : 21.10 Bid-YTW : 6.42 % |
| PWF.PR.T | FixedReset Disc | -1.78 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 19.38 Evaluated at bid price : 19.38 Bid-YTW : 6.90 % |
| FTS.PR.G | FixedReset Disc | -1.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 6.60 % |
| BIP.PR.E | FixedReset Disc | -1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 22.26 Evaluated at bid price : 23.03 Bid-YTW : 6.56 % |
| FTS.PR.H | FixedReset Disc | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 14.55 Evaluated at bid price : 14.55 Bid-YTW : 6.98 % |
| MFC.PR.K | FixedReset Ins Non | 1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 20.20 Evaluated at bid price : 20.20 Bid-YTW : 6.55 % |
| GWO.PR.N | FixedReset Ins Non | 1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 14.10 Evaluated at bid price : 14.10 Bid-YTW : 6.71 % |
| TD.PF.J | FixedReset Disc | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 23.13 Evaluated at bid price : 23.75 Bid-YTW : 6.03 % |
| BMO.PR.S | FixedReset Disc | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 21.43 Evaluated at bid price : 21.76 Bid-YTW : 6.08 % |
| GWO.PR.R | Insurance Straight | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 6.11 % |
| TRP.PR.G | FixedReset Disc | 1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 19.85 Evaluated at bid price : 19.85 Bid-YTW : 6.90 % |
| BMO.PR.T | FixedReset Disc | 1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 20.90 Evaluated at bid price : 20.90 Bid-YTW : 6.18 % |
| BAM.PR.N | Perpetual-Discount | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 19.42 Evaluated at bid price : 19.42 Bid-YTW : 6.17 % |
| BAM.PR.M | Perpetual-Discount | 1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 19.70 Evaluated at bid price : 19.70 Bid-YTW : 6.08 % |
| TRP.PR.A | FixedReset Disc | 1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 15.62 Evaluated at bid price : 15.62 Bid-YTW : 7.62 % |
| TD.PF.E | FixedReset Disc | 1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 21.15 Evaluated at bid price : 21.15 Bid-YTW : 6.40 % |
| BMO.PR.Y | FixedReset Disc | 1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 6.19 % |
| PVS.PR.I | SplitShare | 1.43 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-10-31 Maturity Price : 25.00 Evaluated at bid price : 24.80 Bid-YTW : 5.17 % |
| TD.PF.B | FixedReset Disc | 1.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 20.81 Evaluated at bid price : 20.81 Bid-YTW : 6.20 % |
| BAM.PR.R | FixedReset Disc | 1.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 16.75 Evaluated at bid price : 16.75 Bid-YTW : 7.25 % |
| IFC.PR.C | FixedReset Disc | 1.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 19.05 Evaluated at bid price : 19.05 Bid-YTW : 6.79 % |
| GWO.PR.M | Insurance Straight | 1.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 23.85 Evaluated at bid price : 24.10 Bid-YTW : 6.06 % |
| MIC.PR.A | Perpetual-Discount | 1.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 6.34 % |
| PVS.PR.H | SplitShare | 1.71 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2027-02-28 Maturity Price : 25.00 Evaluated at bid price : 23.80 Bid-YTW : 6.03 % |
| BNS.PR.I | FixedReset Disc | 1.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 23.54 Evaluated at bid price : 23.94 Bid-YTW : 5.69 % |
| TRP.PR.E | FixedReset Disc | 1.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 17.49 Evaluated at bid price : 17.49 Bid-YTW : 7.42 % |
| MFC.PR.B | Insurance Straight | 1.87 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 19.66 Evaluated at bid price : 19.66 Bid-YTW : 5.98 % |
| TRP.PR.C | FixedReset Disc | 1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 13.01 Evaluated at bid price : 13.01 Bid-YTW : 7.65 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| TD.PF.B | FixedReset Disc | 86,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 20.81 Evaluated at bid price : 20.81 Bid-YTW : 6.20 % |
| BNS.PR.I | FixedReset Disc | 35,768 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 23.54 Evaluated at bid price : 23.94 Bid-YTW : 5.69 % |
| BAM.PF.A | FixedReset Disc | 27,950 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 21.43 Evaluated at bid price : 21.75 Bid-YTW : 6.85 % |
| RY.PR.H | FixedReset Disc | 23,175 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 21.25 Evaluated at bid price : 21.25 Bid-YTW : 6.11 % |
| GWO.PR.G | Insurance Straight | 17,083 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 21.16 Evaluated at bid price : 21.16 Bid-YTW : 6.20 % |
| CU.PR.E | Perpetual-Discount | 14,825 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-07-07 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 6.06 % |
| There were 9 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| BMO.PR.W | FixedReset Disc | Quote: 21.00 – 24.50 Spot Rate : 3.5000 Average : 2.2811 YTW SCENARIO |
| MFC.PR.M | FixedReset Ins Non | Quote: 19.17 – 21.50 Spot Rate : 2.3300 Average : 1.5765 YTW SCENARIO |
| CU.PR.H | Perpetual-Discount | Quote: 22.10 – 25.00 Spot Rate : 2.9000 Average : 2.5065 YTW SCENARIO |
| PWF.PR.H | Perpetual-Discount | Quote: 23.68 – 25.33 Spot Rate : 1.6500 Average : 1.2713 YTW SCENARIO |
| BAM.PR.X | FixedReset Disc | Quote: 17.00 – 19.99 Spot Rate : 2.9900 Average : 2.6731 YTW SCENARIO |
| PVS.PR.J | SplitShare | Quote: 23.35 – 24.20 Spot Rate : 0.8500 Average : 0.5479 YTW SCENARIO |