{"id":41412,"date":"2020-09-29T18:35:17","date_gmt":"2020-09-29T23:35:17","guid":{"rendered":"http:\/\/prefblog.com\/?p=41412"},"modified":"2020-09-29T18:35:17","modified_gmt":"2020-09-29T23:35:17","slug":"september-29-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41412","title":{"rendered":"September 29, 2020"},"content":{"rendered":"\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices<\/strong>
Values are provisional and are finalized monthly<\/td>\n<\/tr>\n
Index<\/td>\nMean
Current
Yield
(at bid)<\/td>\n		Median
YTW<\/td>\n		Median
Average
Trading
Value<\/td>\n		Median
Mod Dur
(YTW)<\/td>\n		Issues<\/td>\nDay’s Perf.<\/td>\nIndex Value<\/td>\n<\/tr>\n
Ratchet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3249 %<\/td>\n1,634.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3249 %<\/td>\n2,998.3<\/td>\n<\/tr>\n
Floater<\/td>\n5.21 %<\/td>\n5.22 %<\/td>\n53,850<\/td>\n15.11<\/td>\n3<\/td>\n0.3249 %<\/td>\n1,727.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3415 %<\/td>\n3,500.9<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.86 %<\/td>\n4.87 %<\/td>\n48,980<\/td>\n3.61<\/td>\n7<\/td>\n-0.3415 %<\/td>\n4,180.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3415 %<\/td>\n3,262.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.33 %<\/td>\n4.30 %<\/td>\n75,962<\/td>\n3.52<\/td>\n17<\/td>\n0.5311 %<\/td>\n3,144.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.22 %<\/td>\n5.23 %<\/td>\n91,140<\/td>\n14.89<\/td>\n17<\/td>\n0.2363 %<\/td>\n3,524.0<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.58 %<\/td>\n4.31 %<\/td>\n118,004<\/td>\n16.30<\/td>\n68<\/td>\n-0.5084 %<\/td>\n2,053.6<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.03 %<\/td>\n4.92 %<\/td>\n114,276<\/td>\n15.15<\/td>\n27<\/td>\n0.0669 %<\/td>\n3,449.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.88 %<\/td>\n2.21 %<\/td>\n46,509<\/td>\n1.32<\/td>\n3<\/td>\n-0.0903 %<\/td>\n1,784.0<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.25 %<\/td>\n4.43 %<\/td>\n264,361<\/td>\n0.85<\/td>\n11<\/td>\n0.1365 %<\/td>\n2,620.8<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.95 %<\/td>\n2.27 %<\/td>\n127,884<\/td>\n1.31<\/td>\n2<\/td>\n0.0000 %<\/td>\n2,844.6<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.76 %<\/td>\n4.42 %<\/td>\n81,285<\/td>\n16.01<\/td>\n22<\/td>\n-0.8468 %<\/td>\n2,097.2<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n-36.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 11.98
\nEvaluated at bid price : 11.98
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n
MFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-17.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 15.50
\nEvaluated at bid price : 15.50
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n-5.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 14.26
\nEvaluated at bid price : 14.26
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nPerpetual-Premium<\/td>\n-1.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 24.63
\nEvaluated at bid price : 25.03
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
BIP.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 22.71
\nEvaluated at bid price : 23.25
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 11.90
\nEvaluated at bid price : 11.90
\nBid-YTW : 4.76 %<\/td>\n<\/tr>\n
BIP.PR.D<\/td>\nFixedReset Disc<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 21.87
\nEvaluated at bid price : 22.40
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 17.36
\nEvaluated at bid price : 17.36
\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 14.30
\nEvaluated at bid price : 14.30
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n
BMO.PR.F<\/td>\nFixedReset Disc<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 23.25
\nEvaluated at bid price : 24.90
\nBid-YTW : 4.04 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 11.00
\nEvaluated at bid price : 11.00
\nBid-YTW : 5.04 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 21.95
\nEvaluated at bid price : 22.30
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 17.99
\nEvaluated at bid price : 17.99
\nBid-YTW : 4.42 %<\/td>\n<\/tr>\n
BMO.PR.Z<\/td>\nPerpetual-Premium<\/td>\n1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-08-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.77
\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n
RY.PR.N<\/td>\nPerpetual-Premium<\/td>\n1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-11-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.71
\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n
RY.PR.O<\/td>\nPerpetual-Premium<\/td>\n1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-11-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.69
\nBid-YTW : 4.32 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 16.42
\nEvaluated at bid price : 16.42
\nBid-YTW : 5.38 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n2.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 12.80
\nEvaluated at bid price : 12.80
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n2.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 18.50
\nEvaluated at bid price : 18.50
\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n
TD.PF.F<\/td>\nPerpetual-Premium<\/td>\n4.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-10-31
\nMaturity Price : 26.00
\nEvaluated at bid price : 26.23
\nBid-YTW : 3.44 %<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
Volume Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nShares
Traded<\/td>\n		Notes<\/td>\n<\/tr>\n
BNS.PR.G<\/td>\nFixedReset Prem<\/td>\n101,700<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-07-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.41
\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n
BMO.PR.B<\/td>\nFixedReset Prem<\/td>\n99,707<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-02-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.37
\nBid-YTW : 4.12 %<\/td>\n<\/tr>\n
TD.PF.M<\/td>\nFixedReset Disc<\/td>\n55,250<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 23.21
\nEvaluated at bid price : 24.85
\nBid-YTW : 4.12 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n51,250<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 18.50
\nEvaluated at bid price : 18.50
\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n51,246<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 16.96
\nEvaluated at bid price : 16.96
\nBid-YTW : 4.17 %<\/td>\n<\/tr>\n
TD.PF.F<\/td>\nPerpetual-Premium<\/td>\n46,615<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-10-31
\nMaturity Price : 26.00
\nEvaluated at bid price : 26.23
\nBid-YTW : 3.44 %<\/td>\n<\/tr>\n
There were 23 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n
Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nQuote Data and Yield Notes<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\nQuote: 11.98 – 18.85
\nSpot Rate : 6.8700
\nAverage : 4.5383<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 11.98
\nEvaluated at bid price : 11.98
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n

MFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 15.50 – 18.87
\nSpot Rate : 3.3700
\nAverage : 1.8184<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 15.50
\nEvaluated at bid price : 15.50
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n

CM.PR.R<\/td>\nFixedReset Disc<\/td>\nQuote: 22.74 – 23.58
\nSpot Rate : 0.8400
\nAverage : 0.5941<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 22.40
\nEvaluated at bid price : 22.74
\nBid-YTW : 4.15 %<\/td>\n<\/tr>\n

IFC.PR.I<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.03 – 25.70
\nSpot Rate : 0.6700
\nAverage : 0.4607<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 24.63
\nEvaluated at bid price : 25.03
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n

TRP.PR.G<\/td>\nFixedReset Disc<\/td>\nQuote: 14.26 – 15.40
\nSpot Rate : 1.1400
\nAverage : 0.9430<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 14.26
\nEvaluated at bid price : 14.26
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n

POW.PR.B<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.70 – 25.02
\nSpot Rate : 0.3200
\nAverage : 0.2006<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-09-29
\nMaturity Price : 24.46
\nEvaluated at bid price : 24.70
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 …<\/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-41412","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41412","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=41412"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41412\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}