{"id":42210,"date":"2021-06-26T22:38:53","date_gmt":"2021-06-27T03:38:53","guid":{"rendered":"http:\/\/prefblog.com\/?p=42210"},"modified":"2021-06-26T22:38:53","modified_gmt":"2021-06-27T03:38:53","slug":"april-28-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42210","title":{"rendered":"April 28, 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-0.1594 %<\/td>\n2,435.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1594 %<\/td>\n4,469.6<\/td>\n<\/tr>\n
Floater<\/td>\n3.42 %<\/td>\n3.57 %<\/td>\n56,134<\/td>\n18.35<\/td>\n4<\/td>\n-0.1594 %<\/td>\n2,575.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0193 %<\/td>\n3,695.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.78 %<\/td>\n4.05 %<\/td>\n41,317<\/td>\n3.51<\/td>\n8<\/td>\n-0.0193 %<\/td>\n4,413.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0193 %<\/td>\n3,443.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.27 %<\/td>\n-12.27 %<\/td>\n71,746<\/td>\n0.09<\/td>\n23<\/td>\n0.1839 %<\/td>\n3,268.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.88 %<\/td>\n4.92 %<\/td>\n83,126<\/td>\n15.51<\/td>\n11<\/td>\n0.1609 %<\/td>\n3,781.6<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.33 %<\/td>\n3.72 %<\/td>\n169,700<\/td>\n17.72<\/td>\n48<\/td>\n0.3923 %<\/td>\n2,674.7<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.96 %<\/td>\n4.61 %<\/td>\n101,684<\/td>\n3.73<\/td>\n22<\/td>\n0.1140 %<\/td>\n3,666.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.93 %<\/td>\n3.31 %<\/td>\n72,445<\/td>\n18.97<\/td>\n2<\/td>\n-1.1897 %<\/td>\n2,408.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.97 %<\/td>\n3.51 %<\/td>\n229,493<\/td>\n1.27<\/td>\n29<\/td>\n0.0526 %<\/td>\n2,735.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.80 %<\/td>\n2.42 %<\/td>\n163,555<\/td>\n0.75<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,892.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.29 %<\/td>\n3.72 %<\/td>\n152,917<\/td>\n17.59<\/td>\n21<\/td>\n0.2449 %<\/td>\n2,825.2<\/td>\n<\/tr>\n<\/table>\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-2.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 21.34
\nEvaluated at bid price : 21.65
\nBid-YTW : 3.98 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n-1.75 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 14.60
\nEvaluated at bid price : 14.60
\nBid-YTW : 2.58 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 22.22
\nEvaluated at bid price : 22.74
\nBid-YTW : 3.63 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 16.92
\nEvaluated at bid price : 16.92
\nBid-YTW : 4.47 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 18.03
\nEvaluated at bid price : 18.03
\nBid-YTW : 4.55 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 22.42
\nEvaluated at bid price : 23.11
\nBid-YTW : 3.56 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 22.45
\nEvaluated at bid price : 23.35
\nBid-YTW : 3.83 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 23.71
\nEvaluated at bid price : 24.34
\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 22.30
\nEvaluated at bid price : 22.86
\nBid-YTW : 3.55 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 18.13
\nEvaluated at bid price : 18.13
\nBid-YTW : 3.81 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 23.47
\nEvaluated at bid price : 25.05
\nBid-YTW : 3.72 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 20.82
\nEvaluated at bid price : 20.82
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n6.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 18.88
\nEvaluated at bid price : 18.88
\nBid-YTW : 4.51 %<\/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
TD.PF.M<\/td>\nFixedReset Prem<\/td>\n131,407<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.06
\nBid-YTW : 3.72 %<\/td>\n<\/tr>\n
TD.PF.L<\/td>\nFixedReset Prem<\/td>\n90,451<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.87
\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n73,527<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 22.32
\nEvaluated at bid price : 22.85
\nBid-YTW : 3.63 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n40,340<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-06-30
\nMaturity Price : 25.50
\nEvaluated at bid price : 25.70
\nBid-YTW : 2.96 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Disc<\/td>\n38,893<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.27
\nBid-YTW : 3.54 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n31,479<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 22.46
\nEvaluated at bid price : 23.05
\nBid-YTW : 3.70 %<\/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
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\nQuote: 18.88 – 25.00
\nSpot Rate : 6.1200
\nAverage : 3.5457<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 18.88
\nEvaluated at bid price : 18.88
\nBid-YTW : 4.51 %<\/td>\n<\/tr>\n

PVS.PR.I<\/td>\nSplitShare<\/td>\nQuote: 25.90 – 26.95
\nSpot Rate : 1.0500
\nAverage : 0.6428<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.90
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n

POW.PR.C<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.80 – 26.59
\nSpot Rate : 0.7900
\nAverage : 0.4550<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.80
\nBid-YTW : -27.91 %<\/td>\n<\/tr>\n

TRP.PR.F<\/td>\nFloatingReset<\/td>\nQuote: 15.30 – 16.00
\nSpot Rate : 0.7000
\nAverage : 0.4713<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 15.30
\nEvaluated at bid price : 15.30
\nBid-YTW : 3.31 %<\/td>\n<\/tr>\n

BAM.PR.X<\/td>\nFixedReset Disc<\/td>\nQuote: 15.24 – 15.68
\nSpot Rate : 0.4400
\nAverage : 0.2461<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 15.24
\nEvaluated at bid price : 15.24
\nBid-YTW : 4.56 %<\/td>\n<\/tr>\n

CU.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 21.50 – 22.05
\nSpot Rate : 0.5500
\nAverage : 0.4156<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-04-28
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 3.95 %<\/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-42210","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42210","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=42210"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42210\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}