{"id":41980,"date":"2021-02-23T23:20:57","date_gmt":"2021-02-24T04:20:57","guid":{"rendered":"http:\/\/prefblog.com\/?p=41980"},"modified":"2021-02-23T23:20:57","modified_gmt":"2021-02-24T04:20:57","slug":"february-23-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41980","title":{"rendered":"February 23, 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>\n1.3470 %<\/td>\n2,326.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.3470 %<\/td>\n4,269.1<\/td>\n<\/tr>\n
Floater<\/td>\n3.72 %<\/td>\n3.74 %<\/td>\n52,252<\/td>\n17.91<\/td>\n3<\/td>\n1.3470 %<\/td>\n2,460.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0805 %<\/td>\n3,678.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.69 %<\/td>\n4.09 %<\/td>\n35,111<\/td>\n4.20<\/td>\n8<\/td>\n0.0805 %<\/td>\n4,392.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0805 %<\/td>\n3,427.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.35 %<\/td>\n2.96 %<\/td>\n71,938<\/td>\n0.14<\/td>\n19<\/td>\n0.0825 %<\/td>\n3,241.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.92 %<\/td>\n4.97 %<\/td>\n91,405<\/td>\n15.44<\/td>\n13<\/td>\n0.1871 %<\/td>\n3,771.0<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.57 %<\/td>\n3.74 %<\/td>\n178,433<\/td>\n17.55<\/td>\n56<\/td>\n0.3042 %<\/td>\n2,565.0<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.96 %<\/td>\n4.63 %<\/td>\n79,022<\/td>\n15.35<\/td>\n22<\/td>\n-0.0108 %<\/td>\n3,625.6<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.13 %<\/td>\n2.68 %<\/td>\n28,138<\/td>\n20.51<\/td>\n2<\/td>\n-0.0355 %<\/td>\n2,244.0<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.13 %<\/td>\n3.14 %<\/td>\n222,322<\/td>\n0.90<\/td>\n20<\/td>\n0.0904 %<\/td>\n2,707.9<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.80 %<\/td>\n1.81 %<\/td>\n198,915<\/td>\n0.93<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,892.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.44 %<\/td>\n3.53 %<\/td>\n129,613<\/td>\n18.14<\/td>\n22<\/td>\n0.2200 %<\/td>\n2,762.2<\/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
GWO.PR.F<\/td>\nInsurance Straight<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-03-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.42
\nBid-YTW : -3.84 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 15.55
\nEvaluated at bid price : 15.55
\nBid-YTW : 3.33 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 21.22
\nEvaluated at bid price : 21.22
\nBid-YTW : 4.32 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 20.11
\nEvaluated at bid price : 20.11
\nBid-YTW : 4.34 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 21.86
\nEvaluated at bid price : 22.25
\nBid-YTW : 3.45 %<\/td>\n<\/tr>\n
MFC.PR.O<\/td>\nFixedReset Ins Non<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-06-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.15
\nBid-YTW : 2.54 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 14.60
\nEvaluated at bid price : 14.60
\nBid-YTW : 3.31 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 24.46
\nEvaluated at bid price : 24.70
\nBid-YTW : 4.56 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 11.57
\nEvaluated at bid price : 11.57
\nBid-YTW : 3.74 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 23.69
\nEvaluated at bid price : 24.00
\nBid-YTW : 3.53 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 19.85
\nEvaluated at bid price : 19.85
\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n1.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 17.37
\nEvaluated at bid price : 17.37
\nBid-YTW : 4.32 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Disc<\/td>\n1.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 23.13
\nEvaluated at bid price : 24.25
\nBid-YTW : 3.68 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Disc<\/td>\n2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 23.75
\nEvaluated at bid price : 25.00
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n2.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 11.60
\nEvaluated at bid price : 11.60
\nBid-YTW : 3.73 %<\/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
BMO.PR.B<\/td>\nFixedReset Prem<\/td>\n206,575<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-02-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.56
\nBid-YTW : 2.58 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n205,870<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 22.04
\nEvaluated at bid price : 22.45
\nBid-YTW : 3.37 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n170,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 21.97
\nEvaluated at bid price : 22.37
\nBid-YTW : 3.38 %<\/td>\n<\/tr>\n
BNS.PR.H<\/td>\nFixedReset Prem<\/td>\n165,435<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.65
\nBid-YTW : 2.41 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n126,450<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 21.38
\nEvaluated at bid price : 21.70
\nBid-YTW : 3.51 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n111,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 20.11
\nEvaluated at bid price : 20.11
\nBid-YTW : 4.34 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n107,140<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 17.37
\nEvaluated at bid price : 17.37
\nBid-YTW : 4.32 %<\/td>\n<\/tr>\n
There were 31 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
CU.PR.I<\/td>\nFixedReset Prem<\/td>\nQuote: 25.66 – 26.40
\nSpot Rate : 0.7400
\nAverage : 0.4491<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.66
\nBid-YTW : 3.89 %<\/td>\n<\/tr>\n

EIT.PR.B<\/td>\nSplitShare<\/td>\nQuote: 25.80 – 26.80
\nSpot Rate : 1.0000
\nAverage : 0.7210<\/p>\n

YTW SCENARIO
\nMaturity Type : Soft Maturity
\nMaturity Date\t: 2025-03-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.80
\nBid-YTW : 3.89 %<\/td>\n<\/tr>\n

TRP.PR.D<\/td>\nFixedReset Disc<\/td>\nQuote: 18.22 – 18.88
\nSpot Rate : 0.6600
\nAverage : 0.4967<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 18.22
\nEvaluated at bid price : 18.22
\nBid-YTW : 4.41 %<\/td>\n<\/tr>\n

SLF.PR.B<\/td>\nInsurance Straight<\/td>\nQuote: 25.05 – 25.45
\nSpot Rate : 0.4000
\nAverage : 0.2665<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 24.83
\nEvaluated at bid price : 25.05
\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n

MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\nQuote: 15.55 – 15.97
\nSpot Rate : 0.4200
\nAverage : 0.3273<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-23
\nMaturity Price : 15.55
\nEvaluated at bid price : 15.55
\nBid-YTW : 3.33 %<\/td>\n<\/tr>\n

MIC.PR.A<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.55 – 25.80
\nSpot Rate : 0.2500
\nAverage : 0.1638<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2030-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.55
\nBid-YTW : 5.14 %<\/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-41980","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41980","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=41980"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41980\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}