{"id":42290,"date":"2021-06-28T10:47:42","date_gmt":"2021-06-28T15:47:42","guid":{"rendered":"http:\/\/prefblog.com\/?p=42290"},"modified":"2021-06-28T10:47:42","modified_gmt":"2021-06-28T15:47:42","slug":"june-24-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42290","title":{"rendered":"June 24, 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>\n0.9195 %<\/td>\n2,667.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.9195 %<\/td>\n4,894.2<\/td>\n<\/tr>\n
Floater<\/td>\n3.26 %<\/td>\n3.26 %<\/td>\n101,881<\/td>\n19.09<\/td>\n3<\/td>\n0.9195 %<\/td>\n2,820.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0516 %<\/td>\n3,686.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.64 %<\/td>\n3.98 %<\/td>\n47,383<\/td>\n3.92<\/td>\n6<\/td>\n0.0516 %<\/td>\n4,402.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0516 %<\/td>\n3,435.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.13 %<\/td>\n-1.18 %<\/td>\n67,261<\/td>\n0.09<\/td>\n30<\/td>\n0.0701 %<\/td>\n3,299.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.63 %<\/td>\n4.57 %<\/td>\n60,054<\/td>\n16.25<\/td>\n4<\/td>\n0.3240 %<\/td>\n3,936.3<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.04 %<\/td>\n3.77 %<\/td>\n148,528<\/td>\n17.85<\/td>\n40<\/td>\n0.2638 %<\/td>\n2,779.0<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.91 %<\/td>\n-1.35 %<\/td>\n88,100<\/td>\n0.11<\/td>\n22<\/td>\n-0.0107 %<\/td>\n3,708.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.78 %<\/td>\n3.05 %<\/td>\n41,508<\/td>\n19.60<\/td>\n2<\/td>\n0.2183 %<\/td>\n2,588.9<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.81 %<\/td>\n2.92 %<\/td>\n202,113<\/td>\n1.47<\/td>\n33<\/td>\n0.0094 %<\/td>\n2,762.8<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.80 %<\/td>\n2.18 %<\/td>\n102,504<\/td>\n0.60<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,894.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.09 %<\/td>\n3.55 %<\/td>\n134,448<\/td>\n17.85<\/td>\n20<\/td>\n0.4336 %<\/td>\n2,918.8<\/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
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 22.04
\nEvaluated at bid price : 22.51
\nBid-YTW : 4.90 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 22.90
\nEvaluated at bid price : 24.17
\nBid-YTW : 3.79 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.50
\nBid-YTW : 3.80 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 22.74
\nEvaluated at bid price : 23.59
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 22.25
\nEvaluated at bid price : 22.66
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 13.23
\nEvaluated at bid price : 13.23
\nBid-YTW : 3.24 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 22.25
\nEvaluated at bid price : 22.97
\nBid-YTW : 3.38 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Prem<\/td>\n1.78 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 23.74
\nEvaluated at bid price : 25.76
\nBid-YTW : 3.67 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n2.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 22.73
\nEvaluated at bid price : 23.55
\nBid-YTW : 3.47 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n2.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 23.08
\nEvaluated at bid price : 23.51
\nBid-YTW : 4.25 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Premium<\/td>\n2.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-07-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.01
\nBid-YTW : -30.20 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n2.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 23.26
\nEvaluated at bid price : 24.34
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n3.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 16.11
\nEvaluated at bid price : 16.11
\nBid-YTW : 3.36 %<\/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
CM.PR.R<\/td>\nFixedReset Prem<\/td>\n124,936<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.55
\nBid-YTW : 3.01 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Prem<\/td>\n54,460<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 23.52
\nEvaluated at bid price : 25.05
\nBid-YTW : 3.65 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n53,125<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.03
\nBid-YTW : 3.46 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Prem<\/td>\n43,500<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.67
\nBid-YTW : 2.99 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n32,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 23.77
\nEvaluated at bid price : 25.56
\nBid-YTW : 3.46 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n27,665<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 24.68
\nEvaluated at bid price : 24.95
\nBid-YTW : 4.52 %<\/td>\n<\/tr>\n
There were 20 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: 23.51 – 24.50
\nSpot Rate : 0.9900
\nAverage : 0.7834<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 23.08
\nEvaluated at bid price : 23.51
\nBid-YTW : 4.25 %<\/td>\n<\/tr>\n

MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\nQuote: 22.90 – 23.36
\nSpot Rate : 0.4600
\nAverage : 0.2971<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 22.38
\nEvaluated at bid price : 22.90
\nBid-YTW : 3.50 %<\/td>\n<\/tr>\n

BAM.PF.H<\/td>\nFixedReset Prem<\/td>\nQuote: 27.50 – 27.99
\nSpot Rate : 0.4900
\nAverage : 0.3563<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.50
\nBid-YTW : 2.63 %<\/td>\n<\/tr>\n

TRP.PR.E<\/td>\nFixedReset Disc<\/td>\nQuote: 20.83 – 21.20
\nSpot Rate : 0.3700
\nAverage : 0.2522<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 20.83
\nEvaluated at bid price : 20.83
\nBid-YTW : 4.15 %<\/td>\n<\/tr>\n

CM.PR.Q<\/td>\nFixedReset Disc<\/td>\nQuote: 23.81 – 24.27
\nSpot Rate : 0.4600
\nAverage : 0.3606<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 22.76
\nEvaluated at bid price : 23.81
\nBid-YTW : 3.78 %<\/td>\n<\/tr>\n

MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.30 – 23.99
\nSpot Rate : 0.6900
\nAverage : 0.5982<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-06-24
\nMaturity Price : 22.53
\nEvaluated at bid price : 23.30
\nBid-YTW : 3.55 %<\/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-42290","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42290","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=42290"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42290\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}