{"id":41524,"date":"2020-11-02T19:22:01","date_gmt":"2020-11-03T00:22:01","guid":{"rendered":"http:\/\/prefblog.com\/?p=41524"},"modified":"2020-11-02T19:22:01","modified_gmt":"2020-11-03T00:22:01","slug":"november-2-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41524","title":{"rendered":"November 2, 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>\n4.8303 %<\/td>\n1,593.6<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n4.8303 %<\/td>\n2,924.2<\/td>\n<\/tr>\n
Floater<\/td>\n5.34 %<\/td>\n5.41 %<\/td>\n41,582<\/td>\n14.79<\/td>\n3<\/td>\n4.8303 %<\/td>\n1,685.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2084 %<\/td>\n3,535.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.80 %<\/td>\n4.75 %<\/td>\n46,201<\/td>\n3.52<\/td>\n8<\/td>\n0.2084 %<\/td>\n4,221.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2084 %<\/td>\n3,294.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.35 %<\/td>\n-1.59 %<\/td>\n76,573<\/td>\n0.14<\/td>\n14<\/td>\n-0.1590 %<\/td>\n3,178.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.20 %<\/td>\n5.15 %<\/td>\n88,483<\/td>\n15.20<\/td>\n19<\/td>\n0.4576 %<\/td>\n3,554.6<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.51 %<\/td>\n4.21 %<\/td>\n132,275<\/td>\n16.53<\/td>\n64<\/td>\n0.6682 %<\/td>\n2,103.2<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.13 %<\/td>\n5.00 %<\/td>\n109,120<\/td>\n15.14<\/td>\n22<\/td>\n0.3314 %<\/td>\n3,463.6<\/td>\n<\/tr>\n
FloatingReset<\/td>\n1.97 %<\/td>\n2.31 %<\/td>\n49,320<\/td>\n1.23<\/td>\n3<\/td>\n0.1520 %<\/td>\n1,795.5<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.22 %<\/td>\n3.64 %<\/td>\n250,981<\/td>\n0.79<\/td>\n15<\/td>\n0.1241 %<\/td>\n2,647.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.94 %<\/td>\n1.94 %<\/td>\n140,808<\/td>\n1.23<\/td>\n2<\/td>\n0.2214 %<\/td>\n2,866.5<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.49 %<\/td>\n4.27 %<\/td>\n72,516<\/td>\n16.38<\/td>\n22<\/td>\n0.3935 %<\/td>\n2,199.6<\/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\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
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 9.82
\nEvaluated at bid price : 9.82
\nBid-YTW : 4.37 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 17.25
\nEvaluated at bid price : 17.25
\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n
CM.PR.Y<\/td>\nFixedReset Disc<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 23.33
\nEvaluated at bid price : 25.15
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 19.09
\nEvaluated at bid price : 19.09
\nBid-YTW : 4.35 %<\/td>\n<\/tr>\n
BAM.PF.H<\/td>\nFixedReset Disc<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 24.24
\nEvaluated at bid price : 25.05
\nBid-YTW : 5.00 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 17.10
\nEvaluated at bid price : 17.10
\nBid-YTW : 4.13 %<\/td>\n<\/tr>\n
TRP.PR.K<\/td>\nFixedReset Disc<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 23.75
\nEvaluated at bid price : 25.11
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n
BMO.PR.D<\/td>\nFixedReset Disc<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 22.32
\nEvaluated at bid price : 22.65
\nBid-YTW : 3.99 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 4.35 %<\/td>\n<\/tr>\n
BIP.PR.D<\/td>\nFixedReset Disc<\/td>\n1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 21.51
\nEvaluated at bid price : 21.87
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 8.05
\nEvaluated at bid price : 8.05
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 12.81
\nEvaluated at bid price : 12.81
\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 16.40
\nEvaluated at bid price : 16.40
\nBid-YTW : 4.31 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 15.90
\nEvaluated at bid price : 15.90
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 22.88
\nEvaluated at bid price : 23.15
\nBid-YTW : 4.84 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 15.15
\nEvaluated at bid price : 15.15
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
SLF.PR.B<\/td>\nInsurance Straight<\/td>\n1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 24.46
\nEvaluated at bid price : 24.70
\nBid-YTW : 4.90 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 16.95
\nEvaluated at bid price : 16.95
\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n1.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 10.75
\nEvaluated at bid price : 10.75
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n1.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 19.07
\nEvaluated at bid price : 19.07
\nBid-YTW : 4.20 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n1.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 17.75
\nEvaluated at bid price : 17.75
\nBid-YTW : 4.25 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n2.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 19.15
\nEvaluated at bid price : 19.15
\nBid-YTW : 4.04 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 4.10 %<\/td>\n<\/tr>\n
BAM.PF.D<\/td>\nPerpetual-Discount<\/td>\n2.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 22.73
\nEvaluated at bid price : 23.01
\nBid-YTW : 5.38 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n2.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 13.15
\nEvaluated at bid price : 13.15
\nBid-YTW : 5.34 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n2.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 23.09
\nEvaluated at bid price : 23.35
\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n
BAM.PF.J<\/td>\nFixedReset Disc<\/td>\n2.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 23.39
\nEvaluated at bid price : 24.60
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n2.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 4.20 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n2.82 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 19.66
\nEvaluated at bid price : 19.66
\nBid-YTW : 4.01 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n3.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 14.71
\nEvaluated at bid price : 14.71
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n3.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 23.10
\nEvaluated at bid price : 23.55
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n10.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 8.30
\nEvaluated at bid price : 8.30
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n13.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 8.02
\nEvaluated at bid price : 8.02
\nBid-YTW : 5.41 %<\/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
RY.PR.Q<\/td>\nFixedReset Prem<\/td>\n78,650<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.23
\nBid-YTW : 3.22 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n70,236<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 18.47
\nEvaluated at bid price : 18.47
\nBid-YTW : 4.08 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n52,550<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 10.85
\nEvaluated at bid price : 10.85
\nBid-YTW : 4.21 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nPerpetual-Premium<\/td>\n42,401<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.70
\nBid-YTW : 5.09 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n33,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 22.82
\nEvaluated at bid price : 23.10
\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n
TD.PF.H<\/td>\nFixedReset Prem<\/td>\n31,325<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.25
\nBid-YTW : 3.86 %<\/td>\n<\/tr>\n
There were 16 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
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.09 – 25.00
\nSpot Rate : 5.9100
\nAverage : 3.4330<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 19.09
\nEvaluated at bid price : 19.09
\nBid-YTW : 4.35 %<\/td>\n<\/tr>\n

BAM.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 14.45 – 15.49
\nSpot Rate : 1.0400
\nAverage : 0.5898<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 14.45
\nEvaluated at bid price : 14.45
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n

PWF.PR.G<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.30 – 26.24
\nSpot Rate : 0.9400
\nAverage : 0.5781<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-12-02
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.30
\nBid-YTW : -8.08 %<\/td>\n<\/tr>\n

MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.75 – 18.75
\nSpot Rate : 1.0000
\nAverage : 0.6774<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 17.75
\nEvaluated at bid price : 17.75
\nBid-YTW : 4.25 %<\/td>\n<\/tr>\n

W.PR.M<\/td>\nFixedReset Prem<\/td>\nQuote: 25.05 – 25.80
\nSpot Rate : 0.7500
\nAverage : 0.4987<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 24.73
\nEvaluated at bid price : 25.05
\nBid-YTW : 5.22 %<\/td>\n<\/tr>\n

BIP.PR.B<\/td>\nFixedReset Disc<\/td>\nQuote: 24.00 – 24.70
\nSpot Rate : 0.7000
\nAverage : 0.4747<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-11-02
\nMaturity Price : 22.77
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.74 %<\/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-41524","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41524","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=41524"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41524\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}