{"id":41884,"date":"2021-01-30T15:11:03","date_gmt":"2021-01-30T20:11:03","guid":{"rendered":"http:\/\/prefblog.com\/?p=41884"},"modified":"2021-01-30T15:11:03","modified_gmt":"2021-01-30T20:11:03","slug":"january-27-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41884","title":{"rendered":"January 27, 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>\n-2.8028 %<\/td>\n2,028.1<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-2.8028 %<\/td>\n3,721.4<\/td>\n<\/tr>\n
Floater<\/td>\n4.26 %<\/td>\n4.30 %<\/td>\n44,752<\/td>\n16.80<\/td>\n3<\/td>\n-2.8028 %<\/td>\n2,144.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0659 %<\/td>\n3,629.9<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.70 %<\/td>\n4.44 %<\/td>\n37,745<\/td>\n3.72<\/td>\n8<\/td>\n-0.0659 %<\/td>\n4,334.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0659 %<\/td>\n3,382.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.36 %<\/td>\n-8.79 %<\/td>\n71,230<\/td>\n0.09<\/td>\n18<\/td>\n0.2010 %<\/td>\n3,227.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.99 %<\/td>\n5.02 %<\/td>\n69,072<\/td>\n15.38<\/td>\n13<\/td>\n0.0348 %<\/td>\n3,698.5<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.89 %<\/td>\n3.73 %<\/td>\n148,433<\/td>\n17.55<\/td>\n56<\/td>\n-0.4334 %<\/td>\n2,403.1<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.03 %<\/td>\n4.80 %<\/td>\n83,328<\/td>\n15.31<\/td>\n22<\/td>\n-0.1408 %<\/td>\n3,574.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.48 %<\/td>\n0.41 %<\/td>\n26,155<\/td>\n0.10<\/td>\n3<\/td>\n-0.0407 %<\/td>\n1,936.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.13 %<\/td>\n2.99 %<\/td>\n192,347<\/td>\n0.97<\/td>\n20<\/td>\n-0.0432 %<\/td>\n2,702.3<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.93 %<\/td>\n1.81 %<\/td>\n170,036<\/td>\n1.00<\/td>\n2<\/td>\n-0.0600 %<\/td>\n2,884.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.84 %<\/td>\n3.68 %<\/td>\n90,565<\/td>\n17.66<\/td>\n22<\/td>\n0.0538 %<\/td>\n2,515.6<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n-7.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 9.60
\nEvaluated at bid price : 9.60
\nBid-YTW : 4.47 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-3.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 10.06
\nEvaluated at bid price : 10.06
\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n-2.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 3.61 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n-2.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 10.06
\nEvaluated at bid price : 10.06
\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-2.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 12.51
\nEvaluated at bid price : 12.51
\nBid-YTW : 3.69 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-2.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 12.00
\nEvaluated at bid price : 12.00
\nBid-YTW : 3.63 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n-2.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 22.41
\nEvaluated at bid price : 22.95
\nBid-YTW : 3.39 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n-2.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 10.05
\nEvaluated at bid price : 10.05
\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-2.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 13.63
\nEvaluated at bid price : 13.63
\nBid-YTW : 4.79 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Disc<\/td>\n-2.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 21.81
\nEvaluated at bid price : 22.05
\nBid-YTW : 3.67 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-2.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 12.72
\nEvaluated at bid price : 12.72
\nBid-YTW : 3.65 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 12.50
\nEvaluated at bid price : 12.50
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n-1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 17.20
\nEvaluated at bid price : 17.20
\nBid-YTW : 4.98 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 21.54
\nEvaluated at bid price : 21.92
\nBid-YTW : 3.59 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n-1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 21.39
\nEvaluated at bid price : 21.39
\nBid-YTW : 3.69 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 16.25
\nEvaluated at bid price : 16.25
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n
BIP.PR.D<\/td>\nFixedReset Disc<\/td>\n-1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 24.02
\nEvaluated at bid price : 24.45
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 16.50
\nEvaluated at bid price : 16.50
\nBid-YTW : 4.76 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 23.58
\nEvaluated at bid price : 23.85
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 20.30
\nEvaluated at bid price : 20.30
\nBid-YTW : 3.72 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 21.55
\nEvaluated at bid price : 21.85
\nBid-YTW : 3.65 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n2.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 19.72
\nEvaluated at bid price : 19.72
\nBid-YTW : 3.72 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n3.78 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 18.68
\nEvaluated at bid price : 18.68
\nBid-YTW : 3.51 %<\/td>\n<\/tr>\n
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n4.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 21.86
\nEvaluated at bid price : 22.38
\nBid-YTW : 3.68 %<\/td>\n<\/tr>\n
RY.PR.N<\/td>\nPerpetual-Premium<\/td>\n4.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-02-26
\nMaturity Price : 26.00
\nEvaluated at bid price : 26.20
\nBid-YTW : -8.82 %<\/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
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n84,764<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 18.56
\nEvaluated at bid price : 18.56
\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n64,461<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 20.89
\nEvaluated at bid price : 20.89
\nBid-YTW : 3.35 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Disc<\/td>\n60,578<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 21.34
\nEvaluated at bid price : 21.65
\nBid-YTW : 3.51 %<\/td>\n<\/tr>\n
W.PR.M<\/td>\nFixedReset Prem<\/td>\n47,680<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.31
\nBid-YTW : 3.73 %<\/td>\n<\/tr>\n
TD.PF.H<\/td>\nFixedReset Prem<\/td>\n47,380<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.40
\nBid-YTW : 2.66 %<\/td>\n<\/tr>\n
BAM.PF.I<\/td>\nFixedReset Prem<\/td>\n42,550<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.31
\nBid-YTW : 4.03 %<\/td>\n<\/tr>\n
There were 71 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
RS.PR.A<\/td>\nSplitShare<\/td>\nQuote: 10.30 – 11.69
\nSpot Rate : 1.3900
\nAverage : 0.7884<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 10.00
\nEvaluated at bid price : 10.30
\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n

RY.PR.M<\/td>\nFixedReset Disc<\/td>\nQuote: 21.00 – 21.94
\nSpot Rate : 0.9400
\nAverage : 0.5910<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 3.61 %<\/td>\n<\/tr>\n

TRP.PR.G<\/td>\nFixedReset Disc<\/td>\nQuote: 17.20 – 18.05
\nSpot Rate : 0.8500
\nAverage : 0.5342<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 17.20
\nEvaluated at bid price : 17.20
\nBid-YTW : 4.98 %<\/td>\n<\/tr>\n

BAM.PF.I<\/td>\nFixedReset Prem<\/td>\nQuote: 25.31 – 26.10
\nSpot Rate : 0.7900
\nAverage : 0.4779<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.31
\nBid-YTW : 4.03 %<\/td>\n<\/tr>\n

TD.PF.K<\/td>\nFixedReset Disc<\/td>\nQuote: 22.05 – 22.90
\nSpot Rate : 0.8500
\nAverage : 0.5735<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 21.81
\nEvaluated at bid price : 22.05
\nBid-YTW : 3.67 %<\/td>\n<\/tr>\n

CU.PR.H<\/td>\nPerpetual-Premium<\/td>\nQuote: 24.40 – 25.94
\nSpot Rate : 1.5400
\nAverage : 1.2654<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-27
\nMaturity Price : 24.08
\nEvaluated at bid price : 24.40
\nBid-YTW : 5.46 %<\/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-41884","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41884","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=41884"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41884\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}