{"id":41767,"date":"2020-12-24T19:42:37","date_gmt":"2020-12-25T00:42:37","guid":{"rendered":"http:\/\/prefblog.com\/?p=41767"},"modified":"2020-12-24T19:42:37","modified_gmt":"2020-12-25T00:42:37","slug":"december-24-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41767","title":{"rendered":"December 24, 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>\n0.5447 %<\/td>\n1,870.7<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5447 %<\/td>\n3,432.6<\/td>\n<\/tr>\n
Floater<\/td>\n4.65 %<\/td>\n4.60 %<\/td>\n74,996<\/td>\n16.23<\/td>\n2<\/td>\n0.5447 %<\/td>\n1,978.2<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3316 %<\/td>\n3,620.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.78 %<\/td>\n4.48 %<\/td>\n42,035<\/td>\n3.81<\/td>\n9<\/td>\n-0.3316 %<\/td>\n4,323.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3316 %<\/td>\n3,373.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.35 %<\/td>\n1.01 %<\/td>\n72,842<\/td>\n0.08<\/td>\n19<\/td>\n-0.0971 %<\/td>\n3,200.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.01 %<\/td>\n5.04 %<\/td>\n76,902<\/td>\n15.44<\/td>\n12<\/td>\n-0.1067 %<\/td>\n3,666.7<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.05 %<\/td>\n3.92 %<\/td>\n142,266<\/td>\n17.30<\/td>\n56<\/td>\n-0.4459 %<\/td>\n2,315.0<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.06 %<\/td>\n4.83 %<\/td>\n85,186<\/td>\n15.37<\/td>\n22<\/td>\n0.0738 %<\/td>\n3,551.6<\/td>\n<\/tr>\n
FloatingReset<\/td>\n1.93 %<\/td>\n1.80 %<\/td>\n39,960<\/td>\n1.09<\/td>\n3<\/td>\n0.0819 %<\/td>\n1,853.0<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.15 %<\/td>\n3.01 %<\/td>\n217,665<\/td>\n0.78<\/td>\n22<\/td>\n0.0773 %<\/td>\n2,679.0<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.93 %<\/td>\n1.82 %<\/td>\n178,987<\/td>\n1.09<\/td>\n2<\/td>\n0.0400 %<\/td>\n2,881.5<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.12 %<\/td>\n3.92 %<\/td>\n85,853<\/td>\n17.15<\/td>\n22<\/td>\n-1.4472 %<\/td>\n2,391.0<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-9.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 20.15
\nEvaluated at bid price : 20.15
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-7.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 19.12
\nEvaluated at bid price : 19.12
\nBid-YTW : 4.37 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-6.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 17.77
\nEvaluated at bid price : 17.77
\nBid-YTW : 4.25 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n-3.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 20.21
\nEvaluated at bid price : 20.21
\nBid-YTW : 3.53 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n-3.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 17.50
\nEvaluated at bid price : 17.50
\nBid-YTW : 3.75 %<\/td>\n<\/tr>\n
MFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-2.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 21.32
\nEvaluated at bid price : 21.60
\nBid-YTW : 3.89 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n-2.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 22.73
\nEvaluated at bid price : 23.00
\nBid-YTW : 4.92 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 3.66 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 11.10
\nEvaluated at bid price : 11.10
\nBid-YTW : 3.94 %<\/td>\n<\/tr>\n
MFC.PR.H<\/td>\nFixedReset Ins Non<\/td>\n-1.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 22.54
\nEvaluated at bid price : 23.00
\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n-1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 17.96
\nEvaluated at bid price : 17.96
\nBid-YTW : 4.95 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 21.60
\nEvaluated at bid price : 22.00
\nBid-YTW : 3.84 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n-1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 20.54
\nEvaluated at bid price : 20.54
\nBid-YTW : 3.92 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 18.95
\nEvaluated at bid price : 18.95
\nBid-YTW : 3.89 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n-1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 17.59
\nEvaluated at bid price : 17.59
\nBid-YTW : 4.01 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 3.76 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 3.71 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 12.75
\nEvaluated at bid price : 12.75
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n
PVS.PR.E<\/td>\nSplitShare<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.52
\nBid-YTW : 4.50 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 11.95
\nEvaluated at bid price : 11.95
\nBid-YTW : 4.79 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 18.50
\nEvaluated at bid price : 18.50
\nBid-YTW : 4.89 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 20.62
\nEvaluated at bid price : 20.62
\nBid-YTW : 3.52 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 3.64 %<\/td>\n<\/tr>\n
BIP.PR.D<\/td>\nFixedReset Disc<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 23.64
\nEvaluated at bid price : 24.10
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 3.63 %<\/td>\n<\/tr>\n
BAM.PF.C<\/td>\nPerpetual-Discount<\/td>\n-1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 23.41
\nEvaluated at bid price : 23.67
\nBid-YTW : 5.13 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 14.70
\nEvaluated at bid price : 14.70
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n8.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 14.85
\nEvaluated at bid price : 14.85
\nBid-YTW : 5.19 %<\/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
BMO.PR.Q<\/td>\nFixedReset Bank Non<\/td>\n51,509<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.98
\nBid-YTW : 1.92 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n21,060<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 20.37
\nEvaluated at bid price : 20.37
\nBid-YTW : 3.59 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n20,407<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 3.71 %<\/td>\n<\/tr>\n
BNS.PR.Z<\/td>\nFixedReset Bank Non<\/td>\n15,300<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.08
\nBid-YTW : 1.82 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset Disc<\/td>\n14,233<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 20.65
\nEvaluated at bid price : 20.65
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n
NA.PR.X<\/td>\nFixedReset Prem<\/td>\n14,094<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.40
\nBid-YTW : 2.98 %<\/td>\n<\/tr>\n
There were 4 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
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.50 – 19.00
\nSpot Rate : 1.5000
\nAverage : 0.8328<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 17.50
\nEvaluated at bid price : 17.50
\nBid-YTW : 3.75 %<\/td>\n<\/tr>\n

TD.PF.D<\/td>\nFixedReset Disc<\/td>\nQuote: 20.15 – 22.10
\nSpot Rate : 1.9500
\nAverage : 1.2865<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 20.15
\nEvaluated at bid price : 20.15
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n

MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.77 – 19.27
\nSpot Rate : 1.5000
\nAverage : 0.9774<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 17.77
\nEvaluated at bid price : 17.77
\nBid-YTW : 4.25 %<\/td>\n<\/tr>\n

CU.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 18.40 – 20.22
\nSpot Rate : 1.8200
\nAverage : 1.3565<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 18.40
\nEvaluated at bid price : 18.40
\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n

IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.12 – 20.70
\nSpot Rate : 1.5800
\nAverage : 1.2398<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-24
\nMaturity Price : 19.12
\nEvaluated at bid price : 19.12
\nBid-YTW : 4.37 %<\/td>\n<\/tr>\n

IFC.PR.E<\/td>\nInsurance Straight<\/td>\nQuote: 25.45 – 26.30
\nSpot Rate : 0.8500
\nAverage : 0.5332<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-06-30
\nMaturity Price : 25.25
\nEvaluated at bid price : 25.45
\nBid-YTW : 4.96 %<\/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-41767","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41767","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=41767"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41767\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}