{"id":41994,"date":"2021-02-26T22:15:36","date_gmt":"2021-02-27T03:15:36","guid":{"rendered":"http:\/\/prefblog.com\/?p=41994"},"modified":"2021-02-26T22:15:36","modified_gmt":"2021-02-27T03:15:36","slug":"february-26-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41994","title":{"rendered":"February 26, 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-3.5067 %<\/td>\n2,219.6<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-3.5067 %<\/td>\n4,072.9<\/td>\n<\/tr>\n
Floater<\/td>\n3.90 %<\/td>\n3.95 %<\/td>\n50,907<\/td>\n17.47<\/td>\n3<\/td>\n-3.5067 %<\/td>\n2,347.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0879 %<\/td>\n3,669.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.70 %<\/td>\n4.27 %<\/td>\n36,048<\/td>\n4.18<\/td>\n8<\/td>\n-0.0879 %<\/td>\n4,382.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0879 %<\/td>\n3,419.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.36 %<\/td>\n3.06 %<\/td>\n72,674<\/td>\n0.13<\/td>\n19<\/td>\n-0.1299 %<\/td>\n3,234.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.97 %<\/td>\n5.00 %<\/td>\n96,284<\/td>\n15.38<\/td>\n13<\/td>\n0.2363 %<\/td>\n3,733.2<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.58 %<\/td>\n3.88 %<\/td>\n183,088<\/td>\n17.15<\/td>\n56<\/td>\n-0.6891 %<\/td>\n2,566.4<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.02 %<\/td>\n4.78 %<\/td>\n80,284<\/td>\n15.31<\/td>\n22<\/td>\n-0.2139 %<\/td>\n3,596.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.14 %<\/td>\n2.64 %<\/td>\n32,290<\/td>\n20.69<\/td>\n2<\/td>\n-0.1860 %<\/td>\n2,279.6<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.13 %<\/td>\n2.71 %<\/td>\n231,582<\/td>\n0.89<\/td>\n20<\/td>\n-0.0373 %<\/td>\n2,709.9<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.81 %<\/td>\n1.92 %<\/td>\n220,686<\/td>\n0.49<\/td>\n1<\/td>\n-0.0400 %<\/td>\n2,890.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.45 %<\/td>\n3.72 %<\/td>\n131,701<\/td>\n17.75<\/td>\n22<\/td>\n-0.5439 %<\/td>\n2,762.6<\/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\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-13.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 13.25
\nEvaluated at bid price : 13.25
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-4.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 10.93
\nEvaluated at bid price : 10.93
\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n-4.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 10.99
\nEvaluated at bid price : 10.99
\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-3.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 4.15 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-2.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 21.27
\nEvaluated at bid price : 21.55
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-2.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 14.32
\nEvaluated at bid price : 14.32
\nBid-YTW : 3.65 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n-2.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 23.56
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.03 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n-2.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 11.10
\nEvaluated at bid price : 11.10
\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 23.24
\nEvaluated at bid price : 23.56
\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n-1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 17.48
\nEvaluated at bid price : 17.48
\nBid-YTW : 4.59 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-1.75 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 22.01
\nEvaluated at bid price : 22.45
\nBid-YTW : 3.67 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n-1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 22.15
\nEvaluated at bid price : 22.73
\nBid-YTW : 3.88 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n-1.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 21.16
\nEvaluated at bid price : 21.16
\nBid-YTW : 3.87 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n-1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 22.91
\nEvaluated at bid price : 23.64
\nBid-YTW : 3.70 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 22.51
\nEvaluated at bid price : 23.36
\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 17.75
\nEvaluated at bid price : 17.75
\nBid-YTW : 4.56 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nPerpetual-Premium<\/td>\n-1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.00
\nBid-YTW : 4.95 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n-1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 21.95
\nEvaluated at bid price : 22.21
\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 15.05
\nEvaluated at bid price : 15.05
\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 22.71
\nEvaluated at bid price : 23.01
\nBid-YTW : 3.88 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 23.03
\nEvaluated at bid price : 24.10
\nBid-YTW : 3.60 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 23.09
\nEvaluated at bid price : 24.20
\nBid-YTW : 5.21 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 24.35
\nEvaluated at bid price : 24.60
\nBid-YTW : 4.94 %<\/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: 2051-02-26
\nMaturity Price : 23.24
\nEvaluated at bid price : 23.85
\nBid-YTW : 3.72 %<\/td>\n<\/tr>\n
MFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 23.89
\nEvaluated at bid price : 24.44
\nBid-YTW : 3.82 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 23.82
\nEvaluated at bid price : 24.20
\nBid-YTW : 3.87 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 13.99
\nEvaluated at bid price : 13.99
\nBid-YTW : 3.62 %<\/td>\n<\/tr>\n
TD.PF.M<\/td>\nFixedReset Prem<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.74
\nBid-YTW : 4.31 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 20.91
\nEvaluated at bid price : 20.91
\nBid-YTW : 3.62 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 22.26
\nEvaluated at bid price : 22.82
\nBid-YTW : 3.49 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 21.56
\nEvaluated at bid price : 21.95
\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n2.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 24.50
\nEvaluated at bid price : 24.81
\nBid-YTW : 4.95 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n3.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 23.43
\nEvaluated at bid price : 23.70
\nBid-YTW : 4.75 %<\/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
SLF.PR.J<\/td>\nFloatingReset<\/td>\n184,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 14.31
\nEvaluated at bid price : 14.31
\nBid-YTW : 2.64 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n156,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 14.50
\nEvaluated at bid price : 14.50
\nBid-YTW : 3.75 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n123,440<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 12.80
\nEvaluated at bid price : 12.80
\nBid-YTW : 4.50 %<\/td>\n<\/tr>\n
BAM.PF.H<\/td>\nFixedReset Prem<\/td>\n70,101<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.90
\nBid-YTW : 4.37 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n52,535<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 18.12
\nEvaluated at bid price : 18.12
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n
BNS.PR.G<\/td>\nFixedReset Prem<\/td>\n47,069<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-07-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.42
\nBid-YTW : 2.52 %<\/td>\n<\/tr>\n
There were 40 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
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\nQuote: 13.25 – 15.50
\nSpot Rate : 2.2500
\nAverage : 1.2907<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 13.25
\nEvaluated at bid price : 13.25
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n

TRP.PR.A<\/td>\nFixedReset Disc<\/td>\nQuote: 15.57 – 18.00
\nSpot Rate : 2.4300
\nAverage : 1.8549<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 15.57
\nEvaluated at bid price : 15.57
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n

CM.PR.Q<\/td>\nFixedReset Disc<\/td>\nQuote: 22.73 – 23.48
\nSpot Rate : 0.7500
\nAverage : 0.4638<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 22.15
\nEvaluated at bid price : 22.73
\nBid-YTW : 3.88 %<\/td>\n<\/tr>\n

SLF.PR.J<\/td>\nFloatingReset<\/td>\nQuote: 14.31 – 15.00
\nSpot Rate : 0.6900
\nAverage : 0.4429<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 14.31
\nEvaluated at bid price : 14.31
\nBid-YTW : 2.64 %<\/td>\n<\/tr>\n

SLF.PR.I<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.85 – 24.48
\nSpot Rate : 0.6300
\nAverage : 0.3865<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 23.24
\nEvaluated at bid price : 23.85
\nBid-YTW : 3.72 %<\/td>\n<\/tr>\n

BIP.PR.E<\/td>\nFixedReset Disc<\/td>\nQuote: 23.56 – 24.20
\nSpot Rate : 0.6400
\nAverage : 0.4475<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-02-26
\nMaturity Price : 23.24
\nEvaluated at bid price : 23.56
\nBid-YTW : 5.29 %<\/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-41994","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41994","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=41994"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41994\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}