{"id":42342,"date":"2021-07-24T11:46:15","date_gmt":"2021-07-24T16:46:15","guid":{"rendered":"http:\/\/prefblog.com\/?p=42342"},"modified":"2021-07-24T11:46:15","modified_gmt":"2021-07-24T16:46:15","slug":"july-23-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42342","title":{"rendered":"July 23, 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>\n0.5535 %<\/td>\n2,698.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5535 %<\/td>\n4,951.2<\/td>\n<\/tr>\n
Floater<\/td>\n3.22 %<\/td>\n3.24 %<\/td>\n110,602<\/td>\n19.13<\/td>\n3<\/td>\n0.5535 %<\/td>\n2,853.4<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0129 %<\/td>\n3,696.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.62 %<\/td>\n4.00 %<\/td>\n34,521<\/td>\n3.84<\/td>\n6<\/td>\n0.0129 %<\/td>\n4,414.5<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0129 %<\/td>\n3,444.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.19 %<\/td>\n-13.94 %<\/td>\n58,249<\/td>\n0.09<\/td>\n25<\/td>\n-0.0233 %<\/td>\n3,286.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.71 %<\/td>\n4.78 %<\/td>\n95,830<\/td>\n15.83<\/td>\n8<\/td>\n0.1506 %<\/td>\n3,956.7<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.05 %<\/td>\n3.51 %<\/td>\n137,951<\/td>\n18.30<\/td>\n40<\/td>\n0.1674 %<\/td>\n2,773.7<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.90 %<\/td>\n2.73 %<\/td>\n77,181<\/td>\n0.09<\/td>\n22<\/td>\n0.0286 %<\/td>\n3,713.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.88 %<\/td>\n3.16 %<\/td>\n34,623<\/td>\n19.32<\/td>\n2<\/td>\n1.3355 %<\/td>\n2,567.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.85 %<\/td>\n3.24 %<\/td>\n158,794<\/td>\n1.39<\/td>\n33<\/td>\n-0.0106 %<\/td>\n2,744.8<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.80 %<\/td>\n1.49 %<\/td>\n102,391<\/td>\n0.09<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,901.2<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.09 %<\/td>\n3.44 %<\/td>\n126,852<\/td>\n18.17<\/td>\n20<\/td>\n0.0000 %<\/td>\n2,917.0<\/td>\n<\/tr>\n<\/table>\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.PF.F<\/td>\nFixedReset Disc<\/td>\n-2.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-23
\nMaturity Price : 22.45
\nEvaluated at bid price : 23.05
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-23
\nMaturity Price : 22.49
\nEvaluated at bid price : 23.31
\nBid-YTW : 3.51 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-23
\nMaturity Price : 15.28
\nEvaluated at bid price : 15.28
\nBid-YTW : 3.52 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-23
\nMaturity Price : 15.20
\nEvaluated at bid price : 15.20
\nBid-YTW : 3.35 %<\/td>\n<\/tr>\n
BMO.PR.D<\/td>\nFixedReset Prem<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-08-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.69
\nBid-YTW : 2.50 %<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Premium<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-07-31
\nMaturity Price : 25.75
\nEvaluated at bid price : 26.20
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-23
\nMaturity Price : 13.37
\nEvaluated at bid price : 13.37
\nBid-YTW : 3.23 %<\/td>\n<\/tr>\n
MIC.PR.A<\/td>\nPerpetual-Premium<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-03-31
\nMaturity Price : 26.00
\nEvaluated at bid price : 27.24
\nBid-YTW : 4.17 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-23
\nMaturity Price : 21.63
\nEvaluated at bid price : 22.02
\nBid-YTW : 3.65 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Prem<\/td>\n1.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.55
\nBid-YTW : 2.66 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n2.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-23
\nMaturity Price : 15.26
\nEvaluated at bid price : 15.26
\nBid-YTW : 2.60 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n3.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-23
\nMaturity Price : 17.32
\nEvaluated at bid price : 17.32
\nBid-YTW : 3.26 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n7.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-23
\nMaturity Price : 16.47
\nEvaluated at bid price : 16.47
\nBid-YTW : 3.52 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n8.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-23
\nMaturity Price : 16.70
\nEvaluated at bid price : 16.70
\nBid-YTW : 3.93 %<\/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.R<\/td>\nFixedReset Prem<\/td>\n473,970<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.98
\nBid-YTW : 0.92 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n46,060<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-23
\nMaturity Price : 16.70
\nEvaluated at bid price : 16.70
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n
SLF.PR.A<\/td>\nInsurance Straight<\/td>\n34,542<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-22
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.14
\nBid-YTW : 1.57 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n33,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-23
\nMaturity Price : 22.81
\nEvaluated at bid price : 23.68
\nBid-YTW : 3.27 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n24,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-23
\nMaturity Price : 19.45
\nEvaluated at bid price : 19.45
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n
BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\n19,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-23
\nMaturity Price : 24.64
\nEvaluated at bid price : 24.90
\nBid-YTW : 4.80 %<\/td>\n<\/tr>\n
There were 10 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
IFC.PR.E<\/td>\nInsurance Straight<\/td>\nQuote: 26.35 – 28.93
\nSpot Rate : 2.5800
\nAverage : 1.7975<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-06-30
\nMaturity Price : 26.00
\nEvaluated at bid price : 26.35
\nBid-YTW : 3.90 %<\/td>\n<\/tr>\n

MIC.PR.A<\/td>\nPerpetual-Premium<\/td>\nQuote: 27.24 – 28.24
\nSpot Rate : 1.0000
\nAverage : 0.6821<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-03-31
\nMaturity Price : 26.00
\nEvaluated at bid price : 27.24
\nBid-YTW : 4.17 %<\/td>\n<\/tr>\n

PWF.PR.E<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.58 – 25.91
\nSpot Rate : 0.3300
\nAverage : 0.2260<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-22
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.58
\nBid-YTW : -22.52 %<\/td>\n<\/tr>\n

SLF.PR.A<\/td>\nInsurance Straight<\/td>\nQuote: 25.14 – 25.47
\nSpot Rate : 0.3300
\nAverage : 0.2468<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-22
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.14
\nBid-YTW : 1.57 %<\/td>\n<\/tr>\n

BAM.PF.F<\/td>\nFixedReset Disc<\/td>\nQuote: 23.05 – 23.68
\nSpot Rate : 0.6300
\nAverage : 0.5471<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-23
\nMaturity Price : 22.45
\nEvaluated at bid price : 23.05
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n

BMO.PR.E<\/td>\nFixedReset Prem<\/td>\nQuote: 25.20 – 25.45
\nSpot Rate : 0.2500
\nAverage : 0.1836<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-23
\nMaturity Price : 23.58
\nEvaluated at bid price : 25.20
\nBid-YTW : 3.54 %<\/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-42342","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42342","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=42342"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42342\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}