{"id":42108,"date":"2021-03-22T20:56:23","date_gmt":"2021-03-23T01:56:23","guid":{"rendered":"http:\/\/prefblog.com\/?p=42108"},"modified":"2021-03-22T20:56:23","modified_gmt":"2021-03-23T01:56:23","slug":"march-22-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42108","title":{"rendered":"March 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>\n1.0629 %<\/td>\n2,328.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.0629 %<\/td>\n4,273.3<\/td>\n<\/tr>\n
Floater<\/td>\n3.76 %<\/td>\n3.71 %<\/td>\n60,620<\/td>\n18.06<\/td>\n3<\/td>\n1.0629 %<\/td>\n2,462.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0304 %<\/td>\n3,673.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.77 %<\/td>\n4.20 %<\/td>\n42,604<\/td>\n3.62<\/td>\n9<\/td>\n-0.0304 %<\/td>\n4,386.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0304 %<\/td>\n3,422.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.30 %<\/td>\n-1.73 %<\/td>\n79,223<\/td>\n0.09<\/td>\n21<\/td>\n-0.0037 %<\/td>\n3,250.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.96 %<\/td>\n5.01 %<\/td>\n80,819<\/td>\n15.46<\/td>\n13<\/td>\n0.3028 %<\/td>\n3,738.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.36 %<\/td>\n3.87 %<\/td>\n196,563<\/td>\n17.26<\/td>\n52<\/td>\n-0.0944 %<\/td>\n2,664.1<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.00 %<\/td>\n4.66 %<\/td>\n91,775<\/td>\n15.46<\/td>\n22<\/td>\n-0.0437 %<\/td>\n3,642.2<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.93 %<\/td>\n3.22 %<\/td>\n48,471<\/td>\n19.18<\/td>\n2<\/td>\n-0.9967 %<\/td>\n2,400.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.06 %<\/td>\n3.50 %<\/td>\n233,394<\/td>\n1.00<\/td>\n26<\/td>\n-0.0015 %<\/td>\n2,730.7<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.81 %<\/td>\n2.39 %<\/td>\n228,117<\/td>\n0.85<\/td>\n1<\/td>\n0.1606 %<\/td>\n2,886.2<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.42 %<\/td>\n3.83 %<\/td>\n145,244<\/td>\n17.46<\/td>\n22<\/td>\n-0.0347 %<\/td>\n2,787.0<\/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
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n-2.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 19.91
\nEvaluated at bid price : 19.91
\nBid-YTW : 4.66 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n-2.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 12.44
\nEvaluated at bid price : 12.44
\nBid-YTW : 4.32 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n-2.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 14.30
\nEvaluated at bid price : 14.30
\nBid-YTW : 2.60 %<\/td>\n<\/tr>\n
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 23.76
\nEvaluated at bid price : 24.20
\nBid-YTW : 3.94 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 24.29
\nEvaluated at bid price : 24.60
\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n
BIP.PR.B<\/td>\nFixedReset Prem<\/td>\n-1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.55
\nBid-YTW : 4.97 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 22.71
\nEvaluated at bid price : 23.80
\nBid-YTW : 3.87 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 15.90
\nEvaluated at bid price : 15.90
\nBid-YTW : 4.40 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 22.47
\nEvaluated at bid price : 22.95
\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 23.77
\nEvaluated at bid price : 24.35
\nBid-YTW : 3.79 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 17.05
\nEvaluated at bid price : 17.05
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 22.50
\nEvaluated at bid price : 22.85
\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 21.43
\nEvaluated at bid price : 21.43
\nBid-YTW : 3.81 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n1.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 11.59
\nEvaluated at bid price : 11.59
\nBid-YTW : 3.70 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n1.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 11.55
\nEvaluated at bid price : 11.55
\nBid-YTW : 3.71 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 24.62
\nEvaluated at bid price : 24.93
\nBid-YTW : 4.94 %<\/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
NA.PR.X<\/td>\nFixedReset Prem<\/td>\n64,800<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.30
\nBid-YTW : 1.10 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n52,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 19.31
\nEvaluated at bid price : 19.31
\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n51,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 23.01
\nEvaluated at bid price : 24.41
\nBid-YTW : 3.63 %<\/td>\n<\/tr>\n
TRP.PR.K<\/td>\nFixedReset Prem<\/td>\n49,100<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.25
\nBid-YTW : 4.34 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n47,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 11.55
\nEvaluated at bid price : 11.55
\nBid-YTW : 3.71 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n44,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 23.96
\nEvaluated at bid price : 24.22
\nBid-YTW : 5.01 %<\/td>\n<\/tr>\n
There were 27 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.K<\/td>\nFloater<\/td>\nQuote: 11.09 – 15.88
\nSpot Rate : 4.7900
\nAverage : 2.7804<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 11.09
\nEvaluated at bid price : 11.09
\nBid-YTW : 3.86 %<\/td>\n<\/tr>\n

TRP.PR.E<\/td>\nFixedReset Disc<\/td>\nQuote: 19.31 – 20.50
\nSpot Rate : 1.1900
\nAverage : 0.7639<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 19.31
\nEvaluated at bid price : 19.31
\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n

BAM.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 19.91 – 20.70
\nSpot Rate : 0.7900
\nAverage : 0.5394<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 19.91
\nEvaluated at bid price : 19.91
\nBid-YTW : 4.66 %<\/td>\n<\/tr>\n

BAM.PR.R<\/td>\nFixedReset Disc<\/td>\nQuote: 17.81 – 18.80
\nSpot Rate : 0.9900
\nAverage : 0.7613<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 17.81
\nEvaluated at bid price : 17.81
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n

BAM.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 19.25 – 19.90
\nSpot Rate : 0.6500
\nAverage : 0.4245<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-22
\nMaturity Price : 19.25
\nEvaluated at bid price : 19.25
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n

RY.PR.P<\/td>\nPerpetual-Premium<\/td>\nQuote: 26.20 – 26.78
\nSpot Rate : 0.5800
\nAverage : 0.3618<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-21
\nMaturity Price : 26.00
\nEvaluated at bid price : 26.20
\nBid-YTW : 0.06 %<\/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-42108","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42108","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=42108"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42108\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}