{"id":41770,"date":"2020-12-30T00:09:15","date_gmt":"2020-12-30T05:09:15","guid":{"rendered":"http:\/\/prefblog.com\/?p=41770"},"modified":"2020-12-30T00:09:15","modified_gmt":"2020-12-30T05:09:15","slug":"december-29-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41770","title":{"rendered":"December 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>\n1.0834 %<\/td>\n1,890.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.0834 %<\/td>\n3,469.8<\/td>\n<\/tr>\n
Floater<\/td>\n4.60 %<\/td>\n4.60 %<\/td>\n77,972<\/td>\n16.23<\/td>\n2<\/td>\n1.0834 %<\/td>\n1,999.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1740 %<\/td>\n3,626.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.78 %<\/td>\n4.33 %<\/td>\n43,268<\/td>\n3.80<\/td>\n9<\/td>\n0.1740 %<\/td>\n4,330.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1740 %<\/td>\n3,379.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.34 %<\/td>\n0.84 %<\/td>\n72,044<\/td>\n0.09<\/td>\n19<\/td>\n0.1448 %<\/td>\n3,205.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.01 %<\/td>\n5.05 %<\/td>\n76,702<\/td>\n15.37<\/td>\n12<\/td>\n0.1068 %<\/td>\n3,670.6<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.04 %<\/td>\n3.89 %<\/td>\n144,648<\/td>\n17.30<\/td>\n56<\/td>\n0.2235 %<\/td>\n2,320.2<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.06 %<\/td>\n4.85 %<\/td>\n92,006<\/td>\n15.40<\/td>\n22<\/td>\n-0.0037 %<\/td>\n3,551.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n1.90 %<\/td>\n2.11 %<\/td>\n38,384<\/td>\n1.08<\/td>\n3<\/td>\n0.0164 %<\/td>\n1,853.3<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.15 %<\/td>\n3.49 %<\/td>\n214,252<\/td>\n0.77<\/td>\n22<\/td>\n0.0054 %<\/td>\n2,679.2<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.93 %<\/td>\n1.82 %<\/td>\n173,199<\/td>\n1.07<\/td>\n2<\/td>\n0.0000 %<\/td>\n2,881.5<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.10 %<\/td>\n3.92 %<\/td>\n86,840<\/td>\n17.23<\/td>\n22<\/td>\n0.3583 %<\/td>\n2,399.6<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n-3.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 16.26
\nEvaluated at bid price : 16.26
\nBid-YTW : 5.04 %<\/td>\n<\/tr>\n
MFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-3.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 20.95
\nEvaluated at bid price : 20.95
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n
MFC.PR.H<\/td>\nFixedReset Ins Non<\/td>\n-2.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 21.94
\nEvaluated at bid price : 22.50
\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 3.84 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 16.73
\nEvaluated at bid price : 16.73
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 14.40
\nEvaluated at bid price : 14.40
\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 11.88
\nEvaluated at bid price : 11.88
\nBid-YTW : 3.89 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 11.60
\nEvaluated at bid price : 11.60
\nBid-YTW : 3.96 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 19.65
\nEvaluated at bid price : 19.65
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
EIT.PR.A<\/td>\nSplitShare<\/td>\n-1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Soft Maturity
\nMaturity Date\t: 2024-03-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.53
\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Disc<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 21.80
\nEvaluated at bid price : 22.05
\nBid-YTW : 3.73 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 10.28
\nEvaluated at bid price : 10.28
\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n
BAM.PF.D<\/td>\nPerpetual-Discount<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 23.72
\nEvaluated at bid price : 24.25
\nBid-YTW : 5.05 %<\/td>\n<\/tr>\n
BAM.PF.J<\/td>\nFixedReset Disc<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 23.55
\nEvaluated at bid price : 24.90
\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n
BAM.PF.C<\/td>\nPerpetual-Discount<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 23.49
\nEvaluated at bid price : 23.92
\nBid-YTW : 5.07 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 18.16
\nEvaluated at bid price : 18.16
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 18.63
\nEvaluated at bid price : 18.63
\nBid-YTW : 3.89 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 12.11
\nEvaluated at bid price : 12.11
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 18.75
\nEvaluated at bid price : 18.75
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n1.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 23.69
\nEvaluated at bid price : 23.99
\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 17.76
\nEvaluated at bid price : 17.76
\nBid-YTW : 3.67 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.35
\nBid-YTW : 3.58 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 15.10
\nEvaluated at bid price : 15.10
\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n1.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 17.90
\nEvaluated at bid price : 17.90
\nBid-YTW : 3.92 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 13.00
\nEvaluated at bid price : 13.00
\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n2.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 9.32
\nEvaluated at bid price : 9.32
\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n2.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 23.34
\nEvaluated at bid price : 23.61
\nBid-YTW : 4.80 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n2.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 20.77
\nEvaluated at bid price : 20.77
\nBid-YTW : 3.41 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n6.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 18.91
\nEvaluated at bid price : 18.91
\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n6.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 20.45
\nEvaluated at bid price : 20.45
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n9.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 21.69
\nEvaluated at bid price : 22.05
\nBid-YTW : 3.66 %<\/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
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n205,902<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 11.63
\nEvaluated at bid price : 11.63
\nBid-YTW : 4.41 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n73,241<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 19.15
\nEvaluated at bid price : 19.15
\nBid-YTW : 5.23 %<\/td>\n<\/tr>\n
TRP.PR.K<\/td>\nFixedReset Disc<\/td>\n70,692<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 23.70
\nEvaluated at bid price : 24.85
\nBid-YTW : 4.91 %<\/td>\n<\/tr>\n
BNS.PR.H<\/td>\nFixedReset Prem<\/td>\n65,560<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.57
\nBid-YTW : 3.49 %<\/td>\n<\/tr>\n
CM.PR.Y<\/td>\nFixedReset Prem<\/td>\n55,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 23.40
\nEvaluated at bid price : 25.31
\nBid-YTW : 4.07 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n34,662<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 15.10
\nEvaluated at bid price : 15.10
\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n
There were 19 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: 21.35 – 25.50
\nSpot Rate : 4.1500
\nAverage : 2.5894<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.35
\nBid-YTW : 3.58 %<\/td>\n<\/tr>\n

NA.PR.W<\/td>\nFixedReset Disc<\/td>\nQuote: 18.95 – 20.44
\nSpot Rate : 1.4900
\nAverage : 0.8808<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 18.95
\nEvaluated at bid price : 18.95
\nBid-YTW : 3.89 %<\/td>\n<\/tr>\n

MFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 20.95 – 22.34
\nSpot Rate : 1.3900
\nAverage : 0.9907<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 20.95
\nEvaluated at bid price : 20.95
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n

RY.PR.J<\/td>\nFixedReset Disc<\/td>\nQuote: 21.91 – 22.65
\nSpot Rate : 0.7400
\nAverage : 0.4987<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 21.60
\nEvaluated at bid price : 21.91
\nBid-YTW : 3.62 %<\/td>\n<\/tr>\n

BAM.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 16.26 – 16.80
\nSpot Rate : 0.5400
\nAverage : 0.3138<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 16.26
\nEvaluated at bid price : 16.26
\nBid-YTW : 5.04 %<\/td>\n<\/tr>\n

BAM.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 15.80 – 16.60
\nSpot Rate : 0.8000
\nAverage : 0.5837<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-12-29
\nMaturity Price : 15.80
\nEvaluated at bid price : 15.80
\nBid-YTW : 4.95 %<\/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-41770","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41770","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=41770"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41770\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}