{"id":41871,"date":"2021-01-21T22:44:27","date_gmt":"2021-01-22T03:44:27","guid":{"rendered":"http:\/\/prefblog.com\/?p=41871"},"modified":"2021-01-21T22:44:27","modified_gmt":"2021-01-22T03:44:27","slug":"january-21-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41871","title":{"rendered":"January 21, 2021"},"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>\n1.6545 %<\/td>\n2,065.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.6545 %<\/td>\n3,789.2<\/td>\n<\/tr>\n
Floater<\/td>\n4.19 %<\/td>\n4.24 %<\/td>\n44,948<\/td>\n16.94<\/td>\n3<\/td>\n1.6545 %<\/td>\n2,183.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0341 %<\/td>\n3,634.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.70 %<\/td>\n4.29 %<\/td>\n37,404<\/td>\n3.73<\/td>\n8<\/td>\n-0.0341 %<\/td>\n4,340.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0341 %<\/td>\n3,386.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.36 %<\/td>\n-5.24 %<\/td>\n66,431<\/td>\n0.09<\/td>\n18<\/td>\n-0.3171 %<\/td>\n3,223.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.01 %<\/td>\n5.04 %<\/td>\n67,960<\/td>\n15.42<\/td>\n13<\/td>\n-0.0570 %<\/td>\n3,690.9<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.88 %<\/td>\n3.75 %<\/td>\n146,101<\/td>\n17.52<\/td>\n56<\/td>\n0.3725 %<\/td>\n2,402.0<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.03 %<\/td>\n4.81 %<\/td>\n84,095<\/td>\n15.34<\/td>\n22<\/td>\n0.0147 %<\/td>\n3,571.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.48 %<\/td>\n0.35 %<\/td>\n28,016<\/td>\n0.11<\/td>\n3<\/td>\n-0.0204 %<\/td>\n1,928.5<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.12 %<\/td>\n2.77 %<\/td>\n190,286<\/td>\n0.99<\/td>\n20<\/td>\n0.1668 %<\/td>\n2,706.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.93 %<\/td>\n1.98 %<\/td>\n176,566<\/td>\n1.01<\/td>\n2<\/td>\n0.0000 %<\/td>\n2,884.9<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.86 %<\/td>\n3.71 %<\/td>\n90,698<\/td>\n17.61<\/td>\n22<\/td>\n0.0180 %<\/td>\n2,507.2<\/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\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n-5.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 3.96 %<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Premium<\/td>\n-5.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 23.88
\nEvaluated at bid price : 24.40
\nBid-YTW : 5.44 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n-3.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 12.52
\nEvaluated at bid price : 12.52
\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n-2.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 22.82
\nEvaluated at bid price : 23.21
\nBid-YTW : 4.90 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 15.50
\nEvaluated at bid price : 15.50
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
CM.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 23.41
\nEvaluated at bid price : 25.20
\nBid-YTW : 3.85 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 10.33
\nEvaluated at bid price : 10.33
\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 12.20
\nEvaluated at bid price : 12.20
\nBid-YTW : 3.58 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 22.66
\nEvaluated at bid price : 23.39
\nBid-YTW : 3.31 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 16.70
\nEvaluated at bid price : 16.70
\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 10.19
\nEvaluated at bid price : 10.19
\nBid-YTW : 4.24 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 22.89
\nEvaluated at bid price : 23.77
\nBid-YTW : 3.51 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Disc<\/td>\n1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.35
\nBid-YTW : 3.59 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 17.83
\nEvaluated at bid price : 17.83
\nBid-YTW : 4.67 %<\/td>\n<\/tr>\n
BIK.PR.A<\/td>\nFixedReset Prem<\/td>\n1.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.14
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n1.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 18.92
\nEvaluated at bid price : 18.92
\nBid-YTW : 4.00 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n2.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 11.05
\nEvaluated at bid price : 11.05
\nBid-YTW : 4.48 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n2.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 20.53
\nEvaluated at bid price : 20.53
\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n2.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 10.20
\nEvaluated at bid price : 10.20
\nBid-YTW : 4.24 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n2.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 19.63
\nEvaluated at bid price : 19.63
\nBid-YTW : 3.74 %<\/td>\n<\/tr>\n
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n2.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 21.68
\nEvaluated at bid price : 22.11
\nBid-YTW : 3.74 %<\/td>\n<\/tr>\n<\/table>\n\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.M<\/td>\nFixedReset Disc<\/td>\n461,010<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 21.39
\nEvaluated at bid price : 21.39
\nBid-YTW : 3.60 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n242,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 22.82
\nEvaluated at bid price : 23.12
\nBid-YTW : 3.56 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n232,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.45
\nBid-YTW : 3.75 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n132,590<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 19.90
\nEvaluated at bid price : 19.90
\nBid-YTW : 3.62 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n111,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 20.33
\nEvaluated at bid price : 20.33
\nBid-YTW : 3.71 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n100,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 22.89
\nEvaluated at bid price : 23.77
\nBid-YTW : 3.51 %<\/td>\n<\/tr>\n
BNS.PR.Z<\/td>\nFixedReset Bank Non<\/td>\n100,235<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.99
\nBid-YTW : 1.79 %<\/td>\n<\/tr>\n
There were 28 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
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\nQuote: 20.60 – 21.78
\nSpot Rate : 1.1800
\nAverage : 0.6662<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 3.96 %<\/td>\n<\/tr>\n

CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.21 – 24.00
\nSpot Rate : 0.7900
\nAverage : 0.5418<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 22.82
\nEvaluated at bid price : 23.21
\nBid-YTW : 4.90 %<\/td>\n<\/tr>\n

POW.PR.G<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.45 – 26.25
\nSpot Rate : 0.8000
\nAverage : 0.5803<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-02-20
\nMaturity Price : 25.25
\nEvaluated at bid price : 25.45
\nBid-YTW : -2.95 %<\/td>\n<\/tr>\n

CU.PR.H<\/td>\nPerpetual-Premium<\/td>\nQuote: 24.40 – 25.40
\nSpot Rate : 1.0000
\nAverage : 0.8329<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 23.88
\nEvaluated at bid price : 24.40
\nBid-YTW : 5.44 %<\/td>\n<\/tr>\n

BIP.PR.F<\/td>\nFixedReset Disc<\/td>\nQuote: 24.43 – 24.88
\nSpot Rate : 0.4500
\nAverage : 0.3005<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 23.17
\nEvaluated at bid price : 24.43
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n

SLF.PR.J<\/td>\nFloatingReset<\/td>\nQuote: 11.95 – 12.50
\nSpot Rate : 0.5500
\nAverage : 0.4474<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-21
\nMaturity Price : 11.95
\nEvaluated at bid price : 11.95
\nBid-YTW : 3.09 %<\/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-41871","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41871","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=41871"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41871\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}