{"id":41978,"date":"2021-02-22T22:57:15","date_gmt":"2021-02-23T03:57:15","guid":{"rendered":"http:\/\/prefblog.com\/?p=41978"},"modified":"2021-02-22T22:57:15","modified_gmt":"2021-02-23T03:57:15","slug":"february-22-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41978","title":{"rendered":"February 22, 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>\n0.2642 %<\/td>\n2,295.6<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2642 %<\/td>\n4,212.3<\/td>\n<\/tr>\n
Floater<\/td>\n3.77 %<\/td>\n3.80 %<\/td>\n52,377<\/td>\n17.79<\/td>\n3<\/td>\n0.2642 %<\/td>\n2,427.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2494 %<\/td>\n3,675.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.70 %<\/td>\n4.15 %<\/td>\n35,038<\/td>\n4.20<\/td>\n8<\/td>\n0.2494 %<\/td>\n4,389.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2494 %<\/td>\n3,424.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.35 %<\/td>\n3.79 %<\/td>\n72,972<\/td>\n0.15<\/td>\n19<\/td>\n-0.2612 %<\/td>\n3,239.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.93 %<\/td>\n4.98 %<\/td>\n92,684<\/td>\n15.42<\/td>\n13<\/td>\n-0.0125 %<\/td>\n3,764.0<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.59 %<\/td>\n3.76 %<\/td>\n178,093<\/td>\n17.55<\/td>\n56<\/td>\n0.2040 %<\/td>\n2,557.3<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.96 %<\/td>\n4.61 %<\/td>\n79,302<\/td>\n15.33<\/td>\n22<\/td>\n-0.1691 %<\/td>\n3,626.0<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.13 %<\/td>\n2.68 %<\/td>\n28,224<\/td>\n20.52<\/td>\n2<\/td>\n-0.8442 %<\/td>\n2,244.8<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.13 %<\/td>\n3.08 %<\/td>\n222,995<\/td>\n0.90<\/td>\n20<\/td>\n-0.0688 %<\/td>\n2,705.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.80 %<\/td>\n1.80 %<\/td>\n200,778<\/td>\n0.93<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,892.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.45 %<\/td>\n3.57 %<\/td>\n128,443<\/td>\n18.07<\/td>\n22<\/td>\n0.1911 %<\/td>\n2,756.2<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-2.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 14.45
\nEvaluated at bid price : 14.45
\nBid-YTW : 3.83 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Disc<\/td>\n-1.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 24.14
\nEvaluated at bid price : 24.50
\nBid-YTW : 4.17 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n-1.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 24.15
\nEvaluated at bid price : 24.40
\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n-1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 14.20
\nEvaluated at bid price : 14.20
\nBid-YTW : 2.68 %<\/td>\n<\/tr>\n
RY.PR.N<\/td>\nPerpetual-Premium<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-11-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.74
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 24.46
\nEvaluated at bid price : 24.70
\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n
MFC.PR.O<\/td>\nFixedReset Ins Non<\/td>\n-1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 24.71
\nEvaluated at bid price : 25.21
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 19.60
\nEvaluated at bid price : 19.60
\nBid-YTW : 3.94 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 23.76
\nEvaluated at bid price : 24.22
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 20.98
\nEvaluated at bid price : 20.98
\nBid-YTW : 3.41 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 11.42
\nEvaluated at bid price : 11.42
\nBid-YTW : 3.79 %<\/td>\n<\/tr>\n
IAF.PR.B<\/td>\nInsurance Straight<\/td>\n1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 24.92
\nEvaluated at bid price : 25.15
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n1.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 11.35
\nEvaluated at bid price : 11.35
\nBid-YTW : 4.21 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n3.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 23.31
\nEvaluated at bid price : 23.64
\nBid-YTW : 3.58 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n7.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 12.40
\nEvaluated at bid price : 12.40
\nBid-YTW : 4.35 %<\/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
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n156,079<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 17.55
\nEvaluated at bid price : 17.55
\nBid-YTW : 3.57 %<\/td>\n<\/tr>\n
MIC.PR.A<\/td>\nPerpetual-Premium<\/td>\n94,243<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2030-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.45
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
RY.PR.Q<\/td>\nFixedReset Prem<\/td>\n85,830<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.19
\nBid-YTW : 2.32 %<\/td>\n<\/tr>\n
BNS.PR.E<\/td>\nFixedReset Prem<\/td>\n73,600<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.20
\nBid-YTW : 3.08 %<\/td>\n<\/tr>\n
MFC.PR.O<\/td>\nFixedReset Ins Non<\/td>\n63,930<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 24.71
\nEvaluated at bid price : 25.21
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n61,980<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 23.62
\nEvaluated at bid price : 24.19
\nBid-YTW : 3.52 %<\/td>\n<\/tr>\n
There were 38 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
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\nQuote: 15.20 – 17.25
\nSpot Rate : 2.0500
\nAverage : 1.2418<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 15.20
\nEvaluated at bid price : 15.20
\nBid-YTW : 4.13 %<\/td>\n<\/tr>\n

PVS.PR.H<\/td>\nSplitShare<\/td>\nQuote: 25.63 – 26.63
\nSpot Rate : 1.0000
\nAverage : 0.5960<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2027-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.63
\nBid-YTW : 4.21 %<\/td>\n<\/tr>\n

SLF.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 24.40 – 24.95
\nSpot Rate : 0.5500
\nAverage : 0.3392<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 24.15
\nEvaluated at bid price : 24.40
\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n

MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.70 – 24.19
\nSpot Rate : 0.4900
\nAverage : 0.3167<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 22.94
\nEvaluated at bid price : 23.70
\nBid-YTW : 3.49 %<\/td>\n<\/tr>\n

CM.PR.R<\/td>\nFixedReset Disc<\/td>\nQuote: 24.50 – 24.95
\nSpot Rate : 0.4500
\nAverage : 0.2794<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 24.14
\nEvaluated at bid price : 24.50
\nBid-YTW : 4.17 %<\/td>\n<\/tr>\n

BNS.PR.I<\/td>\nFixedReset Disc<\/td>\nQuote: 24.10 – 24.49
\nSpot Rate : 0.3900
\nAverage : 0.2820<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-22
\nMaturity Price : 23.03
\nEvaluated at bid price : 24.10
\nBid-YTW : 3.40 %<\/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-41978","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41978","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=41978"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41978\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}