{"id":41960,"date":"2021-02-16T23:16:32","date_gmt":"2021-02-17T04:16:32","guid":{"rendered":"http:\/\/prefblog.com\/?p=41960"},"modified":"2021-02-16T23:16:32","modified_gmt":"2021-02-17T04:16:32","slug":"february-16-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41960","title":{"rendered":"February 16, 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>\n4.3289 %<\/td>\n2,251.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n4.3289 %<\/td>\n4,132.1<\/td>\n<\/tr>\n
Floater<\/td>\n3.84 %<\/td>\n3.88 %<\/td>\n55,442<\/td>\n17.63<\/td>\n3<\/td>\n4.3289 %<\/td>\n2,381.4<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0219 %<\/td>\n3,643.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.68 %<\/td>\n4.38 %<\/td>\n36,617<\/td>\n3.66<\/td>\n8<\/td>\n-0.0219 %<\/td>\n4,351.2<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0219 %<\/td>\n3,395.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.33 %<\/td>\n-4.22 %<\/td>\n70,987<\/td>\n0.08<\/td>\n18<\/td>\n0.0282 %<\/td>\n3,250.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.93 %<\/td>\n4.91 %<\/td>\n81,083<\/td>\n15.48<\/td>\n13<\/td>\n-0.3887 %<\/td>\n3,758.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.61 %<\/td>\n3.60 %<\/td>\n178,305<\/td>\n17.88<\/td>\n56<\/td>\n0.7740 %<\/td>\n2,541.6<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.95 %<\/td>\n4.67 %<\/td>\n82,673<\/td>\n15.30<\/td>\n22<\/td>\n-0.0324 %<\/td>\n3,633.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.04 %<\/td>\n2.53 %<\/td>\n29,836<\/td>\n20.92<\/td>\n2<\/td>\n2.2956 %<\/td>\n2,271.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.11 %<\/td>\n2.57 %<\/td>\n227,925<\/td>\n0.92<\/td>\n20<\/td>\n0.0529 %<\/td>\n2,715.5<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.80 %<\/td>\n1.68 %<\/td>\n171,484<\/td>\n0.95<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,892.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.41 %<\/td>\n3.36 %<\/td>\n111,444<\/td>\n18.36<\/td>\n22<\/td>\n0.2656 %<\/td>\n2,765.2<\/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\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
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n-5.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 22.66
\nEvaluated at bid price : 22.92
\nBid-YTW : 4.91 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n-1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 23.56
\nEvaluated at bid price : 23.87
\nBid-YTW : 3.45 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 22.15
\nEvaluated at bid price : 22.73
\nBid-YTW : 3.55 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 21.37
\nEvaluated at bid price : 21.37
\nBid-YTW : 3.60 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 22.52
\nEvaluated at bid price : 23.00
\nBid-YTW : 3.55 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 20.35
\nEvaluated at bid price : 20.35
\nBid-YTW : 4.33 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 21.70
\nEvaluated at bid price : 21.96
\nBid-YTW : 3.23 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 4.27 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Disc<\/td>\n1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 22.89
\nEvaluated at bid price : 23.73
\nBid-YTW : 3.42 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 12.35
\nEvaluated at bid price : 12.35
\nBid-YTW : 4.10 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 23.25
\nEvaluated at bid price : 24.30
\nBid-YTW : 3.38 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 21.38
\nEvaluated at bid price : 21.70
\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 22.63
\nEvaluated at bid price : 23.60
\nBid-YTW : 3.40 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 17.55
\nEvaluated at bid price : 17.55
\nBid-YTW : 3.34 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 20.99
\nEvaluated at bid price : 20.99
\nBid-YTW : 3.21 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 14.58
\nEvaluated at bid price : 14.58
\nBid-YTW : 4.03 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 22.32
\nEvaluated at bid price : 23.00
\nBid-YTW : 3.46 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 15.38
\nEvaluated at bid price : 15.38
\nBid-YTW : 4.33 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 13.82
\nEvaluated at bid price : 13.82
\nBid-YTW : 3.63 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n2.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 19.55
\nEvaluated at bid price : 19.55
\nBid-YTW : 4.33 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n2.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 14.70
\nEvaluated at bid price : 14.70
\nBid-YTW : 2.53 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n2.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 19.30
\nEvaluated at bid price : 19.30
\nBid-YTW : 4.35 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n2.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 21.86
\nEvaluated at bid price : 22.24
\nBid-YTW : 3.30 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n3.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 17.27
\nEvaluated at bid price : 17.27
\nBid-YTW : 4.16 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n3.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 11.13
\nEvaluated at bid price : 11.13
\nBid-YTW : 3.89 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n3.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 14.40
\nEvaluated at bid price : 14.40
\nBid-YTW : 3.61 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n3.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 18.45
\nEvaluated at bid price : 18.45
\nBid-YTW : 4.33 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n3.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 15.90
\nEvaluated at bid price : 15.90
\nBid-YTW : 3.03 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n4.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 11.16
\nEvaluated at bid price : 11.16
\nBid-YTW : 3.88 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n4.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 17.19
\nEvaluated at bid price : 17.19
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n5.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 11.21
\nEvaluated at bid price : 11.21
\nBid-YTW : 3.86 %<\/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.L<\/td>\nPerpetual-Discount<\/td>\n125,750<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-03-18
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.11
\nBid-YTW : 2.29 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Disc<\/td>\n111,229<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 23.75
\nEvaluated at bid price : 25.00
\nBid-YTW : 3.85 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n91,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 23.25
\nEvaluated at bid price : 24.30
\nBid-YTW : 3.38 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n76,250<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 24.85
\nEvaluated at bid price : 25.06
\nBid-YTW : 4.55 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n74,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 24.60
\nEvaluated at bid price : 24.85
\nBid-YTW : 4.52 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n73,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 23.97
\nEvaluated at bid price : 24.26
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n
There were 47 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: 22.24 – 24.30
\nSpot Rate : 2.0600
\nAverage : 1.3763<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 21.82
\nEvaluated at bid price : 22.24
\nBid-YTW : 3.44 %<\/td>\n<\/tr>\n

BAM.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 18.45 – 22.24
\nSpot Rate : 3.7900
\nAverage : 3.1466<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 18.45
\nEvaluated at bid price : 18.45
\nBid-YTW : 4.33 %<\/td>\n<\/tr>\n

CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.92 – 24.50
\nSpot Rate : 1.5800
\nAverage : 0.9557<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-16
\nMaturity Price : 22.66
\nEvaluated at bid price : 22.92
\nBid-YTW : 4.91 %<\/td>\n<\/tr>\n

IFC.PR.F<\/td>\nInsurance Straight<\/td>\nQuote: 25.85 – 27.24
\nSpot Rate : 1.3900
\nAverage : 0.8256<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-09-30
\nMaturity Price : 25.25
\nEvaluated at bid price : 25.85
\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n

CU.PR.I<\/td>\nFixedReset Prem<\/td>\nQuote: 25.61 – 26.40
\nSpot Rate : 0.7900
\nAverage : 0.4864<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.61
\nBid-YTW : 3.92 %<\/td>\n<\/tr>\n

EIT.PR.B<\/td>\nSplitShare<\/td>\nQuote: 25.96 – 26.96
\nSpot Rate : 1.0000
\nAverage : 0.7599<\/p>\n

YTW SCENARIO
\nMaturity Type : Soft Maturity
\nMaturity Date\t: 2025-03-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.96
\nBid-YTW : 4.01 %<\/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-41960","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41960","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=41960"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41960\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}