{"id":42190,"date":"2021-06-25T18:00:01","date_gmt":"2021-06-25T23:00:01","guid":{"rendered":"http:\/\/prefblog.com\/?p=42190"},"modified":"2021-06-25T18:00:01","modified_gmt":"2021-06-25T23:00:01","slug":"april-13-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42190","title":{"rendered":"April 13, 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>\n0.0994 %<\/td>\n2,446.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0994 %<\/td>\n4,489.3<\/td>\n<\/tr>\n
Floater<\/td>\n3.41 %<\/td>\n3.48 %<\/td>\n57,652<\/td>\n18.59<\/td>\n4<\/td>\n0.0994 %<\/td>\n2,587.2<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0435 %<\/td>\n3,695.9<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.78 %<\/td>\n3.90 %<\/td>\n37,299<\/td>\n3.56<\/td>\n8<\/td>\n-0.0435 %<\/td>\n4,413.7<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0435 %<\/td>\n3,443.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.29 %<\/td>\n-5.92 %<\/td>\n71,798<\/td>\n0.09<\/td>\n23<\/td>\n0.0972 %<\/td>\n3,259.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.90 %<\/td>\n4.96 %<\/td>\n81,418<\/td>\n15.57<\/td>\n11<\/td>\n0.3388 %<\/td>\n3,765.2<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.37 %<\/td>\n3.80 %<\/td>\n185,456<\/td>\n17.58<\/td>\n48<\/td>\n-0.0038 %<\/td>\n2,649.8<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.97 %<\/td>\n4.45 %<\/td>\n92,330<\/td>\n3.77<\/td>\n22<\/td>\n0.1813 %<\/td>\n3,661.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.84 %<\/td>\n3.16 %<\/td>\n68,594<\/td>\n19.35<\/td>\n2<\/td>\n0.9192 %<\/td>\n2,476.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.01 %<\/td>\n3.74 %<\/td>\n238,860<\/td>\n1.09<\/td>\n30<\/td>\n0.0799 %<\/td>\n2,726.5<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.81 %<\/td>\n2.35 %<\/td>\n171,748<\/td>\n0.79<\/td>\n1<\/td>\n0.0400 %<\/td>\n2,890.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.38 %<\/td>\n3.80 %<\/td>\n145,692<\/td>\n17.49<\/td>\n22<\/td>\n0.3030 %<\/td>\n2,810.5<\/td>\n<\/tr>\n<\/table>\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
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n-3.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-13
\nMaturity Price : 22.61
\nEvaluated at bid price : 23.50
\nBid-YTW : 3.80 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-13
\nMaturity Price : 22.45
\nEvaluated at bid price : 23.24
\nBid-YTW : 3.84 %<\/td>\n<\/tr>\n
BAM.PF.C<\/td>\nPerpetual-Discount<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-13
\nMaturity Price : 23.79
\nEvaluated at bid price : 24.10
\nBid-YTW : 5.06 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-13
\nMaturity Price : 18.01
\nEvaluated at bid price : 18.01
\nBid-YTW : 4.59 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-13
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 3.75 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n1.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-13
\nMaturity Price : 14.83
\nEvaluated at bid price : 14.83
\nBid-YTW : 2.52 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n2.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-13
\nMaturity Price : 22.23
\nEvaluated at bid price : 22.80
\nBid-YTW : 3.65 %<\/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
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n110,375<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-13
\nMaturity Price : 22.43
\nEvaluated at bid price : 23.06
\nBid-YTW : 3.56 %<\/td>\n<\/tr>\n
MFC.PR.R<\/td>\nFixedReset Ins Non<\/td>\n108,300<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.45
\nBid-YTW : 3.24 %<\/td>\n<\/tr>\n
TRP.PR.K<\/td>\nFixedReset Prem<\/td>\n93,700<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.45
\nBid-YTW : 3.85 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n72,386<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-13
\nMaturity Price : 22.61
\nEvaluated at bid price : 23.50
\nBid-YTW : 3.80 %<\/td>\n<\/tr>\n
TRP.PR.J<\/td>\nFixedReset Prem<\/td>\n72,080<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.27
\nBid-YTW : 2.57 %<\/td>\n<\/tr>\n
MFC.PR.H<\/td>\nFixedReset Ins Non<\/td>\n50,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-13
\nMaturity Price : 24.59
\nEvaluated at bid price : 24.95
\nBid-YTW : 4.12 %<\/td>\n<\/tr>\n
There were 26 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.R<\/td>\nFixedReset Disc<\/td>\nQuote: 17.77 – 19.25
\nSpot Rate : 1.4800
\nAverage : 1.0205<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-13
\nMaturity Price : 17.77
\nEvaluated at bid price : 17.77
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n

RY.PR.J<\/td>\nFixedReset Disc<\/td>\nQuote: 23.50 – 24.10
\nSpot Rate : 0.6000
\nAverage : 0.4259<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-13
\nMaturity Price : 22.61
\nEvaluated at bid price : 23.50
\nBid-YTW : 3.80 %<\/td>\n<\/tr>\n

BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\nQuote: 23.50 – 24.00
\nSpot Rate : 0.5000
\nAverage : 0.3689<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-13
\nMaturity Price : 22.58
\nEvaluated at bid price : 23.50
\nBid-YTW : 3.73 %<\/td>\n<\/tr>\n

BIP.PR.A<\/td>\nFixedReset Disc<\/td>\nQuote: 22.30 – 22.67
\nSpot Rate : 0.3700
\nAverage : 0.2469<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-13
\nMaturity Price : 21.88
\nEvaluated at bid price : 22.30
\nBid-YTW : 4.94 %<\/td>\n<\/tr>\n

PWF.PR.A<\/td>\nFloater<\/td>\nQuote: 13.76 – 14.30
\nSpot Rate : 0.5400
\nAverage : 0.4195<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-13
\nMaturity Price : 13.76
\nEvaluated at bid price : 13.76
\nBid-YTW : 3.14 %<\/td>\n<\/tr>\n

NA.PR.W<\/td>\nFixedReset Disc<\/td>\nQuote: 22.48 – 22.84
\nSpot Rate : 0.3600
\nAverage : 0.2505<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-13
\nMaturity Price : 22.03
\nEvaluated at bid price : 22.48
\nBid-YTW : 3.66 %<\/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-42190","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42190","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=42190"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42190\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}