{"id":41886,"date":"2021-01-30T15:13:00","date_gmt":"2021-01-30T20:13:00","guid":{"rendered":"http:\/\/prefblog.com\/?p=41886"},"modified":"2021-01-30T15:13:00","modified_gmt":"2021-01-30T20:13:00","slug":"january-28-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41886","title":{"rendered":"January 28, 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-0.5966 %<\/td>\n2,016.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.5966 %<\/td>\n3,699.2<\/td>\n<\/tr>\n
Floater<\/td>\n4.29 %<\/td>\n4.32 %<\/td>\n44,500<\/td>\n16.76<\/td>\n3<\/td>\n-0.5966 %<\/td>\n2,131.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0440 %<\/td>\n3,628.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.70 %<\/td>\n4.40 %<\/td>\n37,300<\/td>\n4.18<\/td>\n8<\/td>\n-0.0440 %<\/td>\n4,333.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0440 %<\/td>\n3,380.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.35 %<\/td>\n-5.98 %<\/td>\n73,459<\/td>\n0.09<\/td>\n18<\/td>\n0.3030 %<\/td>\n3,237.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.99 %<\/td>\n5.03 %<\/td>\n69,255<\/td>\n15.36<\/td>\n13<\/td>\n0.0443 %<\/td>\n3,700.2<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.88 %<\/td>\n3.75 %<\/td>\n148,976<\/td>\n17.52<\/td>\n56<\/td>\n0.0893 %<\/td>\n2,405.2<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.03 %<\/td>\n4.81 %<\/td>\n85,696<\/td>\n15.31<\/td>\n22<\/td>\n0.0092 %<\/td>\n3,575.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.48 %<\/td>\n0.42 %<\/td>\n25,122<\/td>\n0.10<\/td>\n3<\/td>\n0.1425 %<\/td>\n1,939.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.13 %<\/td>\n3.34 %<\/td>\n190,677<\/td>\n0.97<\/td>\n20<\/td>\n0.0550 %<\/td>\n2,703.8<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.93 %<\/td>\n1.93 %<\/td>\n192,908<\/td>\n0.99<\/td>\n2<\/td>\n0.0800 %<\/td>\n2,886.6<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.89 %<\/td>\n3.69 %<\/td>\n89,277<\/td>\n17.64<\/td>\n22<\/td>\n-0.9163 %<\/td>\n2,492.6<\/td>\n<\/tr>\n<\/table>\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
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n-19.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-28
\nMaturity Price : 16.15
\nEvaluated at bid price : 16.15
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n-3.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-28
\nMaturity Price : 18.10
\nEvaluated at bid price : 18.10
\nBid-YTW : 3.62 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-28
\nMaturity Price : 15.30
\nEvaluated at bid price : 15.30
\nBid-YTW : 4.58 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n-1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-28
\nMaturity Price : 9.93
\nEvaluated at bid price : 9.93
\nBid-YTW : 4.36 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n-1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-28
\nMaturity Price : 21.32
\nEvaluated at bid price : 21.60
\nBid-YTW : 3.69 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-28
\nMaturity Price : 12.88
\nEvaluated at bid price : 12.88
\nBid-YTW : 3.60 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n2.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-28
\nMaturity Price : 9.83
\nEvaluated at bid price : 9.83
\nBid-YTW : 4.36 %<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Premium<\/td>\n5.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-09-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.80
\nBid-YTW : 4.56 %<\/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
RY.PR.P<\/td>\nPerpetual-Premium<\/td>\n94,812<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-03-26
\nMaturity Price : 26.00
\nEvaluated at bid price : 26.35
\nBid-YTW : -5.83 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Disc<\/td>\n83,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-28
\nMaturity Price : 23.61
\nEvaluated at bid price : 24.70
\nBid-YTW : 3.84 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n58,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-28
\nMaturity Price : 20.05
\nEvaluated at bid price : 20.05
\nBid-YTW : 3.58 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n44,525<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-28
\nMaturity Price : 19.40
\nEvaluated at bid price : 19.40
\nBid-YTW : 3.75 %<\/td>\n<\/tr>\n
BMO.PR.Q<\/td>\nFixedReset Bank Non<\/td>\n44,400<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.02
\nBid-YTW : 1.93 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Disc<\/td>\n36,627<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-28
\nMaturity Price : 21.39
\nEvaluated at bid price : 21.71
\nBid-YTW : 3.50 %<\/td>\n<\/tr>\n
There were 16 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
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\nQuote: 16.15 – 20.05
\nSpot Rate : 3.9000
\nAverage : 2.1945<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-28
\nMaturity Price : 16.15
\nEvaluated at bid price : 16.15
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n

BAM.PF.F<\/td>\nFixedReset Disc<\/td>\nQuote: 18.80 – 19.16
\nSpot Rate : 0.3600
\nAverage : 0.2155<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-28
\nMaturity Price : 18.80
\nEvaluated at bid price : 18.80
\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n

RY.PR.M<\/td>\nFixedReset Disc<\/td>\nQuote: 21.00 – 21.83
\nSpot Rate : 0.8300
\nAverage : 0.7160<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-28
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 3.61 %<\/td>\n<\/tr>\n

RY.PR.P<\/td>\nPerpetual-Premium<\/td>\nQuote: 26.35 – 26.67
\nSpot Rate : 0.3200
\nAverage : 0.2316<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-03-26
\nMaturity Price : 26.00
\nEvaluated at bid price : 26.35
\nBid-YTW : -5.83 %<\/td>\n<\/tr>\n

MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.99 – 20.49
\nSpot Rate : 0.5000
\nAverage : 0.4130<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-28
\nMaturity Price : 19.99
\nEvaluated at bid price : 19.99
\nBid-YTW : 3.63 %<\/td>\n<\/tr>\n

TD.PF.D<\/td>\nFixedReset Disc<\/td>\nQuote: 22.31 – 22.80
\nSpot Rate : 0.4900
\nAverage : 0.4049<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-01-28
\nMaturity Price : 21.88
\nEvaluated at bid price : 22.31
\nBid-YTW : 3.57 %<\/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-41886","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41886","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=41886"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41886\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}