{"id":42248,"date":"2021-06-28T10:35:38","date_gmt":"2021-06-28T15:35:38","guid":{"rendered":"http:\/\/prefblog.com\/?p=42248"},"modified":"2021-06-28T10:35:38","modified_gmt":"2021-06-28T15:35:38","slug":"may-26-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42248","title":{"rendered":"May 26, 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>\n0.0000 %<\/td>\n2,628.1<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0000 %<\/td>\n4,822.4<\/td>\n<\/tr>\n
Floater<\/td>\n3.30 %<\/td>\n3.33 %<\/td>\n86,205<\/td>\n18.86<\/td>\n3<\/td>\n0.0000 %<\/td>\n2,779.2<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0801 %<\/td>\n3,687.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.70 %<\/td>\n3.74 %<\/td>\n36,954<\/td>\n3.48<\/td>\n7<\/td>\n-0.0801 %<\/td>\n4,403.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0801 %<\/td>\n3,435.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.22 %<\/td>\n-14.93 %<\/td>\n64,102<\/td>\n0.09<\/td>\n24<\/td>\n0.1458 %<\/td>\n3,292.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.79 %<\/td>\n4.83 %<\/td>\n101,258<\/td>\n15.67<\/td>\n10<\/td>\n0.0932 %<\/td>\n3,851.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.13 %<\/td>\n3.57 %<\/td>\n213,165<\/td>\n18.02<\/td>\n45<\/td>\n0.9525 %<\/td>\n2,778.6<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.91 %<\/td>\n2.31 %<\/td>\n83,839<\/td>\n0.10<\/td>\n22<\/td>\n0.1683 %<\/td>\n3,707.5<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.83 %<\/td>\n3.06 %<\/td>\n55,925<\/td>\n19.53<\/td>\n2<\/td>\n0.7104 %<\/td>\n2,512.3<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.85 %<\/td>\n2.56 %<\/td>\n199,919<\/td>\n1.38<\/td>\n29<\/td>\n0.6814 %<\/td>\n2,761.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.81 %<\/td>\n1.99 %<\/td>\n116,718<\/td>\n0.25<\/td>\n1<\/td>\n0.0400 %<\/td>\n2,890.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.21 %<\/td>\n3.50 %<\/td>\n161,395<\/td>\n18.05<\/td>\n21<\/td>\n1.0245 %<\/td>\n2,876.7<\/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\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
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 22.95
\nEvaluated at bid price : 24.26
\nBid-YTW : 3.61 %<\/td>\n<\/tr>\n
IAF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 23.65
\nEvaluated at bid price : 25.06
\nBid-YTW : 3.69 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 23.32
\nEvaluated at bid price : 24.53
\nBid-YTW : 3.98 %<\/td>\n<\/tr>\n
TD.PF.L<\/td>\nFixedReset Prem<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.65
\nBid-YTW : 2.98 %<\/td>\n<\/tr>\n
TRP.PR.K<\/td>\nFixedReset Prem<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.67
\nBid-YTW : 2.20 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 22.72
\nEvaluated at bid price : 23.65
\nBid-YTW : 3.41 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 22.85
\nEvaluated at bid price : 23.75
\nBid-YTW : 3.28 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Prem<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.77
\nBid-YTW : 2.05 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 19.45
\nEvaluated at bid price : 19.45
\nBid-YTW : 3.48 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Prem<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 23.69
\nEvaluated at bid price : 25.64
\nBid-YTW : 3.59 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Prem<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.60
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 22.90
\nEvaluated at bid price : 23.84
\nBid-YTW : 3.40 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 23.03
\nEvaluated at bid price : 24.51
\nBid-YTW : 3.63 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 22.71
\nEvaluated at bid price : 23.60
\nBid-YTW : 3.46 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 19.70
\nEvaluated at bid price : 19.70
\nBid-YTW : 4.13 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n1.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 23.08
\nEvaluated at bid price : 24.54
\nBid-YTW : 3.51 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 18.05
\nEvaluated at bid price : 18.05
\nBid-YTW : 4.13 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Prem<\/td>\n1.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.77
\nBid-YTW : 2.54 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 15.69
\nEvaluated at bid price : 15.69
\nBid-YTW : 3.35 %<\/td>\n<\/tr>\n
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 24.65
\nEvaluated at bid price : 24.97
\nBid-YTW : 3.76 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n1.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 15.40
\nEvaluated at bid price : 15.40
\nBid-YTW : 3.87 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 22.80
\nEvaluated at bid price : 23.98
\nBid-YTW : 3.46 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n2.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 22.88
\nEvaluated at bid price : 23.87
\nBid-YTW : 3.30 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n2.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-09-30
\nMaturity Price : 26.00
\nEvaluated at bid price : 26.75
\nBid-YTW : 3.51 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n2.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 15.06
\nEvaluated at bid price : 15.06
\nBid-YTW : 3.65 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 23.69
\nEvaluated at bid price : 25.24
\nBid-YTW : 3.56 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n2.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 23.24
\nEvaluated at bid price : 23.65
\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n2.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 20.89
\nEvaluated at bid price : 20.89
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n2.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 21.31
\nEvaluated at bid price : 21.31
\nBid-YTW : 3.57 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n2.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 22.57
\nEvaluated at bid price : 23.07
\nBid-YTW : 3.47 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n2.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 22.44
\nEvaluated at bid price : 23.14
\nBid-YTW : 3.48 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n2.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 20.73
\nEvaluated at bid price : 20.73
\nBid-YTW : 4.04 %<\/td>\n<\/tr>\n
BIP.PR.D<\/td>\nFixedReset Prem<\/td>\n3.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.84
\nBid-YTW : 1.93 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n3.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 20.98
\nEvaluated at bid price : 20.98
\nBid-YTW : 4.18 %<\/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
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n152,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 15.40
\nEvaluated at bid price : 15.40
\nBid-YTW : 3.87 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n126,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 22.18
\nEvaluated at bid price : 22.60
\nBid-YTW : 3.45 %<\/td>\n<\/tr>\n
BNS.PR.H<\/td>\nFixedReset Prem<\/td>\n80,220<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.55
\nBid-YTW : 2.12 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset Disc<\/td>\n77,236<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 23.57
\nEvaluated at bid price : 24.94
\nBid-YTW : 3.49 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n68,811<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 22.69
\nEvaluated at bid price : 23.47
\nBid-YTW : 3.41 %<\/td>\n<\/tr>\n
RY.PR.R<\/td>\nFixedReset Prem<\/td>\n64,929<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.32
\nBid-YTW : 0.42 %<\/td>\n<\/tr>\n
There were 43 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.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 20.98 – 22.00
\nSpot Rate : 1.0200
\nAverage : 0.6980<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 20.98
\nEvaluated at bid price : 20.98
\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n

IFC.PR.I<\/td>\nPerpetual-Premium<\/td>\nQuote: 27.00 – 27.99
\nSpot Rate : 0.9900
\nAverage : 0.6951<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-03-31
\nMaturity Price : 25.25
\nEvaluated at bid price : 27.00
\nBid-YTW : 4.34 %<\/td>\n<\/tr>\n

PWF.PR.Z<\/td>\nPerpetual-Premium<\/td>\nQuote: 26.15 – 26.60
\nSpot Rate : 0.4500
\nAverage : 0.3254<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-07-31
\nMaturity Price : 25.25
\nEvaluated at bid price : 26.15
\nBid-YTW : 4.28 %<\/td>\n<\/tr>\n

BAM.PF.F<\/td>\nFixedReset Disc<\/td>\nQuote: 22.93 – 23.22
\nSpot Rate : 0.2900
\nAverage : 0.2057<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 22.36
\nEvaluated at bid price : 22.93
\nBid-YTW : 4.15 %<\/td>\n<\/tr>\n

BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.75 – 25.06
\nSpot Rate : 0.3100
\nAverage : 0.2273<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 24.50
\nEvaluated at bid price : 24.75
\nBid-YTW : 4.86 %<\/td>\n<\/tr>\n

ELF.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.19 – 24.50
\nSpot Rate : 0.3100
\nAverage : 0.2286<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-05-26
\nMaturity Price : 23.93
\nEvaluated at bid price : 24.19
\nBid-YTW : 4.96 %<\/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-42248","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42248","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=42248"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42248\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}