{"id":42051,"date":"2021-03-08T21:56:36","date_gmt":"2021-03-09T02:56:36","guid":{"rendered":"http:\/\/prefblog.com\/?p=42051"},"modified":"2021-03-08T21:56:36","modified_gmt":"2021-03-09T02:56:36","slug":"march-8-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42051","title":{"rendered":"March 8, 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>\n1.9056 %<\/td>\n2,264.7<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.9056 %<\/td>\n4,155.6<\/td>\n<\/tr>\n
Floater<\/td>\n3.82 %<\/td>\n3.86 %<\/td>\n53,223<\/td>\n17.64<\/td>\n3<\/td>\n1.9056 %<\/td>\n2,394.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3041 %<\/td>\n3,679.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.76 %<\/td>\n4.02 %<\/td>\n33,308<\/td>\n3.65<\/td>\n9<\/td>\n0.3041 %<\/td>\n4,394.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3041 %<\/td>\n3,428.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.34 %<\/td>\n1.14 %<\/td>\n73,778<\/td>\n0.11<\/td>\n21<\/td>\n0.0525 %<\/td>\n3,229.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.96 %<\/td>\n5.00 %<\/td>\n82,967<\/td>\n15.45<\/td>\n13<\/td>\n0.0191 %<\/td>\n3,723.3<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.43 %<\/td>\n3.84 %<\/td>\n181,683<\/td>\n17.33<\/td>\n52<\/td>\n0.4214 %<\/td>\n2,615.3<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.02 %<\/td>\n4.70 %<\/td>\n81,654<\/td>\n15.52<\/td>\n22<\/td>\n-0.0749 %<\/td>\n3,618.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.05 %<\/td>\n3.39 %<\/td>\n38,186<\/td>\n18.82<\/td>\n2<\/td>\n-0.1373 %<\/td>\n2,344.0<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.08 %<\/td>\n3.68 %<\/td>\n237,942<\/td>\n1.17<\/td>\n26<\/td>\n0.0166 %<\/td>\n2,715.5<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.81 %<\/td>\n2.16 %<\/td>\n227,750<\/td>\n0.89<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,888.5<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.45 %<\/td>\n3.82 %<\/td>\n138,197<\/td>\n17.49<\/td>\n22<\/td>\n0.0082 %<\/td>\n2,764.7<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 21.31
\nEvaluated at bid price : 21.31
\nBid-YTW : 4.07 %<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Premium<\/td>\n-1.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 24.67
\nEvaluated at bid price : 25.18
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n
SLF.PR.B<\/td>\nInsurance Straight<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 24.55
\nEvaluated at bid price : 24.80
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
IAF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 23.28
\nEvaluated at bid price : 24.30
\nBid-YTW : 3.82 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 22.13
\nEvaluated at bid price : 22.65
\nBid-YTW : 3.63 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 21.80
\nEvaluated at bid price : 22.30
\nBid-YTW : 4.48 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 23.43
\nEvaluated at bid price : 24.65
\nBid-YTW : 5.01 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 21.30
\nEvaluated at bid price : 21.30
\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 20.70
\nEvaluated at bid price : 20.70
\nBid-YTW : 4.55 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 20.61
\nEvaluated at bid price : 20.61
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
RY.PR.P<\/td>\nPerpetual-Premium<\/td>\n1.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-02-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.00
\nBid-YTW : 4.22 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n2.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 22.84
\nEvaluated at bid price : 24.00
\nBid-YTW : 3.65 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n2.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 22.59
\nEvaluated at bid price : 23.52
\nBid-YTW : 3.68 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n2.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 22.63
\nEvaluated at bid price : 23.60
\nBid-YTW : 3.76 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n3.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 21.94
\nEvaluated at bid price : 22.35
\nBid-YTW : 3.70 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n5.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 11.30
\nEvaluated at bid price : 11.30
\nBid-YTW : 3.84 %<\/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
BNS.PR.E<\/td>\nFixedReset Prem<\/td>\n441,950<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.27
\nBid-YTW : 1.85 %<\/td>\n<\/tr>\n
BNS.PR.H<\/td>\nFixedReset Prem<\/td>\n310,838<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.66
\nBid-YTW : 2.46 %<\/td>\n<\/tr>\n
MFC.PR.O<\/td>\nFixedReset Ins Non<\/td>\n258,680<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-06-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.20
\nBid-YTW : 2.15 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Disc<\/td>\n194,146<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 23.80
\nEvaluated at bid price : 25.09
\nBid-YTW : 4.26 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n101,286<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 22.13
\nEvaluated at bid price : 22.61
\nBid-YTW : 3.59 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n101,180<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 23.01
\nEvaluated at bid price : 23.34
\nBid-YTW : 3.89 %<\/td>\n<\/tr>\n
MFC.PR.H<\/td>\nFixedReset Ins Non<\/td>\n100,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 24.23
\nEvaluated at bid price : 24.65
\nBid-YTW : 4.10 %<\/td>\n<\/tr>\n
There were 37 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
SLF.PR.J<\/td>\nFloatingReset<\/td>\nQuote: 14.15 – 15.35
\nSpot Rate : 1.2000
\nAverage : 0.7246<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 14.15
\nEvaluated at bid price : 14.15
\nBid-YTW : 2.68 %<\/td>\n<\/tr>\n

RS.PR.A<\/td>\nSplitShare<\/td>\nQuote: 10.40 – 11.40
\nSpot Rate : 1.0000
\nAverage : 0.5709<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 10.00
\nEvaluated at bid price : 10.40
\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n

TRP.PR.G<\/td>\nFixedReset Disc<\/td>\nQuote: 20.71 – 21.21
\nSpot Rate : 0.5000
\nAverage : 0.3193<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 20.71
\nEvaluated at bid price : 20.71
\nBid-YTW : 4.55 %<\/td>\n<\/tr>\n

RY.PR.O<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.28 – 25.99
\nSpot Rate : 0.7100
\nAverage : 0.5515<\/p>\n

YTW SCENARIO
\nMaturity Type : Option Certainty
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.28
\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n

TRP.PR.D<\/td>\nFixedReset Disc<\/td>\nQuote: 18.49 – 19.50
\nSpot Rate : 1.0100
\nAverage : 0.9031<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 18.49
\nEvaluated at bid price : 18.49
\nBid-YTW : 4.66 %<\/td>\n<\/tr>\n

BAM.PR.C<\/td>\nFloater<\/td>\nQuote: 11.15 – 11.49
\nSpot Rate : 0.3400
\nAverage : 0.2346<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-08
\nMaturity Price : 11.15
\nEvaluated at bid price : 11.15
\nBid-YTW : 3.89 %<\/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-42051","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42051","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=42051"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42051\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}