{"id":42503,"date":"2021-09-03T21:46:00","date_gmt":"2021-09-04T02:46:00","guid":{"rendered":"http:\/\/prefblog.com\/?p=42503"},"modified":"2021-09-03T21:46:00","modified_gmt":"2021-09-04T02:46:00","slug":"september-3-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42503","title":{"rendered":"September 3, 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-1.5385 %<\/td>\n2,549.1<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.5385 %<\/td>\n4,677.4<\/td>\n<\/tr>\n
Floater<\/td>\n3.41 %<\/td>\n3.41 %<\/td>\n62,903<\/td>\n18.65<\/td>\n3<\/td>\n-1.5385 %<\/td>\n2,695.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2274 %<\/td>\n3,693.9<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.59 %<\/td>\n3.67 %<\/td>\n27,201<\/td>\n3.25<\/td>\n7<\/td>\n0.2274 %<\/td>\n4,411.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2274 %<\/td>\n3,441.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.11 %<\/td>\n-20.14 %<\/td>\n56,342<\/td>\n0.09<\/td>\n25<\/td>\n0.0337 %<\/td>\n3,333.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.64 %<\/td>\n3.26 %<\/td>\n73,875<\/td>\n0.15<\/td>\n8<\/td>\n0.1038 %<\/td>\n4,014.4<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n3.94 %<\/td>\n3.34 %<\/td>\n116,586<\/td>\n18.07<\/td>\n40<\/td>\n-0.0131 %<\/td>\n2,848.7<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.87 %<\/td>\n-8.58 %<\/td>\n81,460<\/td>\n0.08<\/td>\n22<\/td>\n0.3506 %<\/td>\n3,737.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.89 %<\/td>\n3.20 %<\/td>\n31,209<\/td>\n19.26<\/td>\n2<\/td>\n0.1576 %<\/td>\n2,559.9<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.74 %<\/td>\n2.55 %<\/td>\n131,869<\/td>\n1.58<\/td>\n30<\/td>\n-0.0616 %<\/td>\n2,772.0<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0131 %<\/td>\n2,911.9<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.05 %<\/td>\n3.28 %<\/td>\n102,567<\/td>\n18.31<\/td>\n20<\/td>\n-0.0925 %<\/td>\n2,942.1<\/td>\n<\/tr>\n<\/table>\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
BAM.PR.K<\/td>\nFloater<\/td>\n-3.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-03
\nMaturity Price : 12.30
\nEvaluated at bid price : 12.30
\nBid-YTW : 3.52 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n-2.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-03
\nMaturity Price : 22.38
\nEvaluated at bid price : 23.10
\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n-2.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-03
\nMaturity Price : 22.80
\nEvaluated at bid price : 23.85
\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-03
\nMaturity Price : 16.60
\nEvaluated at bid price : 16.60
\nBid-YTW : 3.53 %<\/td>\n<\/tr>\n
CM.PR.T<\/td>\nFixedReset Prem<\/td>\n-1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.40
\nBid-YTW : 3.21 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Prem<\/td>\n-1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-03
\nMaturity Price : 23.65
\nEvaluated at bid price : 25.35
\nBid-YTW : 3.47 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-03
\nMaturity Price : 22.93
\nEvaluated at bid price : 23.88
\nBid-YTW : 3.32 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-03
\nMaturity Price : 23.62
\nEvaluated at bid price : 24.94
\nBid-YTW : 3.38 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.00
\nBid-YTW : 3.24 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-03
\nMaturity Price : 20.90
\nEvaluated at bid price : 20.90
\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n
PVS.PR.G<\/td>\nSplitShare<\/td>\n1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-03
\nMaturity Price : 26.00
\nEvaluated at bid price : 26.05
\nBid-YTW : 1.75 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n1.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-03
\nMaturity Price : 14.76
\nEvaluated at bid price : 14.76
\nBid-YTW : 3.87 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-06-30
\nMaturity Price : 26.00
\nEvaluated at bid price : 27.00
\nBid-YTW : 1.39 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n2.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-03
\nMaturity Price : 20.61
\nEvaluated at bid price : 20.61
\nBid-YTW : 3.87 %<\/td>\n<\/tr>\n
IAF.PR.B<\/td>\nInsurance Straight<\/td>\n5.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-03
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.16
\nBid-YTW : -7.18 %<\/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
BAM.PR.K<\/td>\nFloater<\/td>\n124,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-03
\nMaturity Price : 12.30
\nEvaluated at bid price : 12.30
\nBid-YTW : 3.52 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n56,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-08-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.01
\nBid-YTW : 3.08 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n36,204<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-03
\nMaturity Price : 18.40
\nEvaluated at bid price : 18.40
\nBid-YTW : 3.89 %<\/td>\n<\/tr>\n
TRP.PR.K<\/td>\nFixedReset Prem<\/td>\n28,765<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.66
\nBid-YTW : 1.43 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Prem<\/td>\n24,700<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.40
\nBid-YTW : 3.74 %<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\n17,600<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-03
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.45
\nBid-YTW : -6.77 %<\/td>\n<\/tr>\n
There were 6 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.G<\/td>\nFixedReset Disc<\/td>\nQuote: 23.10 – 24.05
\nSpot Rate : 0.9500
\nAverage : 0.6399<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-03
\nMaturity Price : 22.38
\nEvaluated at bid price : 23.10
\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n

POW.PR.C<\/td>\nPerpetual-Premium<\/td>\nQuote: 26.16 – 26.82
\nSpot Rate : 0.6600
\nAverage : 0.3906<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-03
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.16
\nBid-YTW : -36.13 %<\/td>\n<\/tr>\n

MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.41 – 24.45
\nSpot Rate : 1.0400
\nAverage : 0.8844<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-03
\nMaturity Price : 22.61
\nEvaluated at bid price : 23.41
\nBid-YTW : 3.36 %<\/td>\n<\/tr>\n

BMO.PR.E<\/td>\nFixedReset Prem<\/td>\nQuote: 25.35 – 25.90
\nSpot Rate : 0.5500
\nAverage : 0.3979<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-03
\nMaturity Price : 23.65
\nEvaluated at bid price : 25.35
\nBid-YTW : 3.47 %<\/td>\n<\/tr>\n

BAM.PR.K<\/td>\nFloater<\/td>\nQuote: 12.30 – 12.99
\nSpot Rate : 0.6900
\nAverage : 0.5483<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-03
\nMaturity Price : 12.30
\nEvaluated at bid price : 12.30
\nBid-YTW : 3.52 %<\/td>\n<\/tr>\n

CM.PR.T<\/td>\nFixedReset Prem<\/td>\nQuote: 26.40 – 26.80
\nSpot Rate : 0.4000
\nAverage : 0.2705<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.40
\nBid-YTW : 3.21 %<\/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-42503","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42503","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=42503"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42503\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}