{"id":42353,"date":"2021-07-30T20:10:49","date_gmt":"2021-07-31T01:10:49","guid":{"rendered":"http:\/\/prefblog.com\/?p=42353"},"modified":"2021-07-30T20:10:49","modified_gmt":"2021-07-31T01:10:49","slug":"july-30-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42353","title":{"rendered":"July 30, 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>\n0.3783 %<\/td>\n2,686.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3783 %<\/td>\n4,930.1<\/td>\n<\/tr>\n
Floater<\/td>\n3.23 %<\/td>\n3.26 %<\/td>\n103,867<\/td>\n19.08<\/td>\n3<\/td>\n0.3783 %<\/td>\n2,841.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0000 %<\/td>\n3,698.0<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.62 %<\/td>\n3.90 %<\/td>\n31,394<\/td>\n3.30<\/td>\n6<\/td>\n0.0000 %<\/td>\n4,416.2<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0000 %<\/td>\n3,445.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.19 %<\/td>\n-11.84 %<\/td>\n60,235<\/td>\n0.09<\/td>\n25<\/td>\n-0.0202 %<\/td>\n3,285.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.69 %<\/td>\n4.55 %<\/td>\n94,812<\/td>\n15.83<\/td>\n8<\/td>\n-0.0150 %<\/td>\n3,973.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n3.99 %<\/td>\n3.42 %<\/td>\n134,761<\/td>\n18.33<\/td>\n40<\/td>\n-0.1967 %<\/td>\n2,810.0<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.90 %<\/td>\n1.90 %<\/td>\n73,694<\/td>\n0.09<\/td>\n22<\/td>\n-0.0517 %<\/td>\n3,715.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.86 %<\/td>\n3.10 %<\/td>\n35,757<\/td>\n19.46<\/td>\n2<\/td>\n-0.3123 %<\/td>\n2,571.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.81 %<\/td>\n2.93 %<\/td>\n148,128<\/td>\n1.59<\/td>\n32<\/td>\n-0.1042 %<\/td>\n2,758.2<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.81 %<\/td>\n1.23 %<\/td>\n129,049<\/td>\n0.15<\/td>\n1<\/td>\n-0.4382 %<\/td>\n2,890.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.05 %<\/td>\n3.30 %<\/td>\n118,705<\/td>\n18.26<\/td>\n20<\/td>\n0.0409 %<\/td>\n2,945.6<\/td>\n<\/tr>\n<\/table>\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
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-8.90 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-30
\nMaturity Price : 17.10
\nEvaluated at bid price : 17.10
\nBid-YTW : 4.23 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n-2.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-30
\nMaturity Price : 22.57
\nEvaluated at bid price : 23.23
\nBid-YTW : 3.36 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n-1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-30
\nMaturity Price : 22.12
\nEvaluated at bid price : 22.62
\nBid-YTW : 3.94 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-30
\nMaturity Price : 20.34
\nEvaluated at bid price : 20.34
\nBid-YTW : 3.21 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-30
\nMaturity Price : 23.03
\nEvaluated at bid price : 24.44
\nBid-YTW : 3.39 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-30
\nMaturity Price : 17.78
\nEvaluated at bid price : 17.78
\nBid-YTW : 3.18 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-30
\nMaturity Price : 22.90
\nEvaluated at bid price : 23.94
\nBid-YTW : 3.20 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-30
\nMaturity Price : 21.04
\nEvaluated at bid price : 21.04
\nBid-YTW : 3.88 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-30
\nMaturity Price : 23.07
\nEvaluated at bid price : 24.15
\nBid-YTW : 3.25 %<\/td>\n<\/tr>\n
BMO.PR.F<\/td>\nFixedReset Prem<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-05-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.88
\nBid-YTW : 2.21 %<\/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>\n33,384<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-09-23
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.99
\nBid-YTW : 3.29 %<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Premium<\/td>\n31,700<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-29
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.06
\nBid-YTW : 1.87 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Premium<\/td>\n31,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-29
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.20
\nBid-YTW : -4.72 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n24,286<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-30
\nMaturity Price : 20.09
\nEvaluated at bid price : 20.09
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n
BMO.PR.Q<\/td>\nFixedReset Bank Non<\/td>\n23,250<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-09-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.99
\nBid-YTW : 1.23 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n21,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-30
\nMaturity Price : 24.14
\nEvaluated at bid price : 24.50
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n
There were 12 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.A<\/td>\nFixedReset Disc<\/td>\nQuote: 17.10 – 18.90
\nSpot Rate : 1.8000
\nAverage : 0.9932<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-30
\nMaturity Price : 17.10
\nEvaluated at bid price : 17.10
\nBid-YTW : 4.23 %<\/td>\n<\/tr>\n

MIC.PR.A<\/td>\nPerpetual-Premium<\/td>\nQuote: 26.86 – 27.86
\nSpot Rate : 1.0000
\nAverage : 0.6991<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2030-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.86
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n

TD.PF.B<\/td>\nFixedReset Disc<\/td>\nQuote: 23.23 – 23.91
\nSpot Rate : 0.6800
\nAverage : 0.4290<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-30
\nMaturity Price : 22.57
\nEvaluated at bid price : 23.23
\nBid-YTW : 3.36 %<\/td>\n<\/tr>\n

BAM.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 22.62 – 23.49
\nSpot Rate : 0.8700
\nAverage : 0.6509<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-30
\nMaturity Price : 22.12
\nEvaluated at bid price : 22.62
\nBid-YTW : 3.94 %<\/td>\n<\/tr>\n

CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 25.00 – 25.50
\nSpot Rate : 0.5000
\nAverage : 0.3447<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-07-30
\nMaturity Price : 24.71
\nEvaluated at bid price : 25.00
\nBid-YTW : 4.55 %<\/td>\n<\/tr>\n

POW.PR.A<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.60 – 26.00
\nSpot Rate : 0.4000
\nAverage : 0.2499<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-29
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.60
\nBid-YTW : -19.49 %<\/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-42353","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42353","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=42353"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42353\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}