{"id":41708,"date":"2020-12-08T18:55:31","date_gmt":"2020-12-08T23:55:31","guid":{"rendered":"http:\/\/prefblog.com\/?p=41708"},"modified":"2020-12-08T18:55:31","modified_gmt":"2020-12-08T23:55:31","slug":"december-8-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41708","title":{"rendered":"December 8, 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>\n-0.9434 %<\/td>\n1,887.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.9434 %<\/td>\n3,462.6<\/td>\n<\/tr>\n
Floater<\/td>\n4.54 %<\/td>\n4.60 %<\/td>\n47,370<\/td>\n16.13<\/td>\n2<\/td>\n-0.9434 %<\/td>\n1,995.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0786 %<\/td>\n3,607.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.80 %<\/td>\n4.43 %<\/td>\n41,554<\/td>\n3.85<\/td>\n9<\/td>\n0.0786 %<\/td>\n4,308.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0786 %<\/td>\n3,361.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.32 %<\/td>\n1.33 %<\/td>\n77,239<\/td>\n0.08<\/td>\n19<\/td>\n-0.0247 %<\/td>\n3,200.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.94 %<\/td>\n5.04 %<\/td>\n77,771<\/td>\n15.37<\/td>\n12<\/td>\n0.3547 %<\/td>\n3,701.7<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.08 %<\/td>\n3.97 %<\/td>\n135,492<\/td>\n17.11<\/td>\n56<\/td>\n-0.3121 %<\/td>\n2,293.3<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.00 %<\/td>\n4.54 %<\/td>\n90,847<\/td>\n4.19<\/td>\n22<\/td>\n0.1714 %<\/td>\n3,591.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n1.95 %<\/td>\n1.86 %<\/td>\n48,518<\/td>\n1.13<\/td>\n3<\/td>\n0.4446 %<\/td>\n1,850.9<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.16 %<\/td>\n3.48 %<\/td>\n206,822<\/td>\n0.69<\/td>\n22<\/td>\n-0.0699 %<\/td>\n2,670.2<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.94 %<\/td>\n1.92 %<\/td>\n180,140<\/td>\n1.13<\/td>\n2<\/td>\n0.2206 %<\/td>\n2,876.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.09 %<\/td>\n3.98 %<\/td>\n82,906<\/td>\n17.11<\/td>\n22<\/td>\n0.2799 %<\/td>\n2,396.8<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n-2.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 14.65
\nEvaluated at bid price : 14.65
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Disc<\/td>\n-1.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 23.14
\nEvaluated at bid price : 23.50
\nBid-YTW : 3.83 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 22.83
\nEvaluated at bid price : 23.50
\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n-1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 19.54
\nEvaluated at bid price : 19.54
\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n-1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 18.52
\nEvaluated at bid price : 18.52
\nBid-YTW : 4.04 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 19.95
\nEvaluated at bid price : 19.95
\nBid-YTW : 3.76 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 18.66
\nEvaluated at bid price : 18.66
\nBid-YTW : 4.00 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 19.36
\nEvaluated at bid price : 19.36
\nBid-YTW : 3.89 %<\/td>\n<\/tr>\n
IAF.PR.B<\/td>\nInsurance Straight<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 24.05
\nEvaluated at bid price : 24.30
\nBid-YTW : 4.73 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 4.01 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 19.96
\nEvaluated at bid price : 19.96
\nBid-YTW : 3.88 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 9.45
\nEvaluated at bid price : 9.45
\nBid-YTW : 4.60 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 11.11
\nEvaluated at bid price : 11.11
\nBid-YTW : 4.01 %<\/td>\n<\/tr>\n
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 20.27
\nEvaluated at bid price : 20.27
\nBid-YTW : 4.15 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 11.20
\nEvaluated at bid price : 11.20
\nBid-YTW : 4.55 %<\/td>\n<\/tr>\n
BAM.PF.I<\/td>\nFixedReset Prem<\/td>\n1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.32
\nBid-YTW : 4.51 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 15.25
\nEvaluated at bid price : 15.25
\nBid-YTW : 4.74 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 17.55
\nEvaluated at bid price : 17.55
\nBid-YTW : 3.79 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n2.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 10.32
\nEvaluated at bid price : 10.32
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n2.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 19.70
\nEvaluated at bid price : 19.70
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n2.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 14.67
\nEvaluated at bid price : 14.67
\nBid-YTW : 4.04 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n2.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 17.72
\nEvaluated at bid price : 17.72
\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n4.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 11.96
\nEvaluated at bid price : 11.96
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n4.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 24.22
\nEvaluated at bid price : 24.51
\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n4.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 24.13
\nEvaluated at bid price : 24.42
\nBid-YTW : 4.62 %<\/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
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n163,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 17.55
\nEvaluated at bid price : 17.55
\nBid-YTW : 3.79 %<\/td>\n<\/tr>\n
TD.PF.G<\/td>\nFixedReset Prem<\/td>\n141,693<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.44
\nBid-YTW : 2.38 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n122,400<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-01-07
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.10
\nBid-YTW : -3.61 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Premium<\/td>\n102,800<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-01-07
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.30
\nBid-YTW : -2.66 %<\/td>\n<\/tr>\n
NA.PR.C<\/td>\nFixedReset Disc<\/td>\n65,031<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 23.46
\nEvaluated at bid price : 24.64
\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n
SLF.PR.A<\/td>\nInsurance Straight<\/td>\n62,320<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 24.55
\nEvaluated at bid price : 24.80
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n
There were 47 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
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.90 – 27.00
\nSpot Rate : 2.1000
\nAverage : 1.1503<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 24.65
\nEvaluated at bid price : 24.90
\nBid-YTW : 4.94 %<\/td>\n<\/tr>\n

BAM.PR.R<\/td>\nFixedReset Disc<\/td>\nQuote: 14.10 – 15.95
\nSpot Rate : 1.8500
\nAverage : 1.5822<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 14.10
\nEvaluated at bid price : 14.10
\nBid-YTW : 5.03 %<\/td>\n<\/tr>\n

CCS.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 25.06 – 25.48
\nSpot Rate : 0.4200
\nAverage : 0.2706<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-01-07
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.06
\nBid-YTW : -1.74 %<\/td>\n<\/tr>\n

NA.PR.W<\/td>\nFixedReset Disc<\/td>\nQuote: 18.52 – 19.05
\nSpot Rate : 0.5300
\nAverage : 0.4134<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 18.52
\nEvaluated at bid price : 18.52
\nBid-YTW : 4.04 %<\/td>\n<\/tr>\n

IAF.PR.B<\/td>\nInsurance Straight<\/td>\nQuote: 24.30 – 24.65
\nSpot Rate : 0.3500
\nAverage : 0.2383<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-08
\nMaturity Price : 24.05
\nEvaluated at bid price : 24.30
\nBid-YTW : 4.73 %<\/td>\n<\/tr>\n

IFC.PR.F<\/td>\nInsurance Straight<\/td>\nQuote: 25.65 – 25.98
\nSpot Rate : 0.3300
\nAverage : 0.2222<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-09-30
\nMaturity Price : 25.25
\nEvaluated at bid price : 25.65
\nBid-YTW : 5.14 %<\/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-41708","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41708","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=41708"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41708\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}