{"id":42121,"date":"2021-03-25T21:21:10","date_gmt":"2021-03-26T02:21:10","guid":{"rendered":"http:\/\/prefblog.com\/?p=42121"},"modified":"2021-03-25T21:21:10","modified_gmt":"2021-03-26T02:21:10","slug":"march-25-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42121","title":{"rendered":"March 25, 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>\n0.1443 %<\/td>\n2,360.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1443 %<\/td>\n4,332.0<\/td>\n<\/tr>\n
Floater<\/td>\n3.71 %<\/td>\n3.70 %<\/td>\n61,123<\/td>\n18.08<\/td>\n3<\/td>\n0.1443 %<\/td>\n2,496.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0087 %<\/td>\n3,677.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.77 %<\/td>\n4.21 %<\/td>\n41,337<\/td>\n3.61<\/td>\n9<\/td>\n-0.0087 %<\/td>\n4,391.7<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0087 %<\/td>\n3,426.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.30 %<\/td>\n-2.52 %<\/td>\n79,124<\/td>\n0.09<\/td>\n21<\/td>\n-0.0372 %<\/td>\n3,254.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.95 %<\/td>\n5.00 %<\/td>\n77,781<\/td>\n15.52<\/td>\n13<\/td>\n-0.2717 %<\/td>\n3,751.2<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.37 %<\/td>\n3.83 %<\/td>\n201,218<\/td>\n17.25<\/td>\n52<\/td>\n-0.3089 %<\/td>\n2,653.9<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.98 %<\/td>\n4.56 %<\/td>\n97,876<\/td>\n3.82<\/td>\n22<\/td>\n0.1179 %<\/td>\n3,658.5<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.94 %<\/td>\n3.25 %<\/td>\n51,404<\/td>\n19.10<\/td>\n2<\/td>\n0.0675 %<\/td>\n2,389.9<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.06 %<\/td>\n3.46 %<\/td>\n246,401<\/td>\n0.99<\/td>\n26<\/td>\n-0.1996 %<\/td>\n2,730.2<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.81 %<\/td>\n2.27 %<\/td>\n211,802<\/td>\n0.84<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,889.7<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.42 %<\/td>\n3.86 %<\/td>\n144,469<\/td>\n17.42<\/td>\n22<\/td>\n-0.2366 %<\/td>\n2,786.8<\/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
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n-7.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 20.73
\nEvaluated at bid price : 20.73
\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n-2.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 18.83
\nEvaluated at bid price : 18.83
\nBid-YTW : 4.67 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n-2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 24.24
\nEvaluated at bid price : 24.49
\nBid-YTW : 5.04 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 4.48 %<\/td>\n<\/tr>\n
BIP.PR.B<\/td>\nFixedReset Prem<\/td>\n-1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.55
\nBid-YTW : 4.98 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 17.60
\nEvaluated at bid price : 17.60
\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 16.76
\nEvaluated at bid price : 16.76
\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n-1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 21.31
\nEvaluated at bid price : 21.60
\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 22.14
\nEvaluated at bid price : 22.65
\nBid-YTW : 3.70 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 14.80
\nEvaluated at bid price : 14.80
\nBid-YTW : 3.86 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 22.35
\nEvaluated at bid price : 22.99
\nBid-YTW : 3.65 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset Disc<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 23.17
\nEvaluated at bid price : 24.10
\nBid-YTW : 3.79 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 18.20
\nEvaluated at bid price : 18.20
\nBid-YTW : 4.54 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 21.11
\nEvaluated at bid price : 21.11
\nBid-YTW : 4.54 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n2.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 23.49
\nEvaluated at bid price : 24.80
\nBid-YTW : 3.78 %<\/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
BNS.PR.G<\/td>\nFixedReset Prem<\/td>\n201,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-07-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.50
\nBid-YTW : 2.12 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n122,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 22.25
\nEvaluated at bid price : 22.80
\nBid-YTW : 3.63 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n98,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 23.35
\nEvaluated at bid price : 24.76
\nBid-YTW : 3.80 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n96,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 22.41
\nEvaluated at bid price : 22.98
\nBid-YTW : 3.55 %<\/td>\n<\/tr>\n
RY.PR.Q<\/td>\nFixedReset Prem<\/td>\n90,900<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.22
\nBid-YTW : 2.79 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n72,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 12.35
\nEvaluated at bid price : 12.35
\nBid-YTW : 4.35 %<\/td>\n<\/tr>\n
There were 36 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.Z<\/td>\nFixedReset Disc<\/td>\nQuote: 20.73 – 22.53
\nSpot Rate : 1.8000
\nAverage : 1.1077<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 20.73
\nEvaluated at bid price : 20.73
\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n

BAM.PR.K<\/td>\nFloater<\/td>\nQuote: 11.51 – 15.88
\nSpot Rate : 4.3700
\nAverage : 3.7112<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 11.51
\nEvaluated at bid price : 11.51
\nBid-YTW : 3.72 %<\/td>\n<\/tr>\n

BAM.PF.A<\/td>\nFixedReset Disc<\/td>\nQuote: 22.78 – 24.25
\nSpot Rate : 1.4700
\nAverage : 0.8738<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 22.36
\nEvaluated at bid price : 22.78
\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n

BIP.PR.B<\/td>\nFixedReset Prem<\/td>\nQuote: 25.55 – 26.70
\nSpot Rate : 1.1500
\nAverage : 0.8756<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.55
\nBid-YTW : 4.98 %<\/td>\n<\/tr>\n

MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.00 – 17.99
\nSpot Rate : 0.9900
\nAverage : 0.7449<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 3.55 %<\/td>\n<\/tr>\n

CU.PR.E<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.49 – 25.10
\nSpot Rate : 0.6100
\nAverage : 0.3904<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-03-25
\nMaturity Price : 24.24
\nEvaluated at bid price : 24.49
\nBid-YTW : 5.04 %<\/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-42121","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42121","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=42121"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42121\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}