{"id":42549,"date":"2021-09-20T20:22:35","date_gmt":"2021-09-21T01:22:35","guid":{"rendered":"http:\/\/prefblog.com\/?p=42549"},"modified":"2021-09-20T20:22:35","modified_gmt":"2021-09-21T01:22:35","slug":"september-20-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42549","title":{"rendered":"September 20, 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-0.6939 %<\/td>\n2,512.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.6939 %<\/td>\n4,609.3<\/td>\n<\/tr>\n
Floater<\/td>\n3.46 %<\/td>\n3.43 %<\/td>\n51,141<\/td>\n18.68<\/td>\n3<\/td>\n-0.6939 %<\/td>\n2,656.4<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1126 %<\/td>\n3,699.0<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.64 %<\/td>\n3.86 %<\/td>\n34,708<\/td>\n3.72<\/td>\n6<\/td>\n-0.1126 %<\/td>\n4,417.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1126 %<\/td>\n3,446.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.00 %<\/td>\n-13.28 %<\/td>\n54,016<\/td>\n0.09<\/td>\n34<\/td>\n-0.2022 %<\/td>\n3,320.5<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2022 %<\/td>\n3,996.0<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.00 %<\/td>\n3.58 %<\/td>\n104,752<\/td>\n18.23<\/td>\n40<\/td>\n-0.7799 %<\/td>\n2,814.9<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.88 %<\/td>\n-9.64 %<\/td>\n84,962<\/td>\n0.09<\/td>\n21<\/td>\n-0.2079 %<\/td>\n3,732.2<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.02 %<\/td>\n3.01 %<\/td>\n32,182<\/td>\n19.70<\/td>\n1<\/td>\n3.6810 %<\/td>\n2,629.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.68 %<\/td>\n3.25 %<\/td>\n131,016<\/td>\n2.43<\/td>\n33<\/td>\n-0.1154 %<\/td>\n2,756.3<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.7799 %<\/td>\n2,877.4<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.07 %<\/td>\n3.36 %<\/td>\n93,977<\/td>\n18.16<\/td>\n20<\/td>\n-0.5361 %<\/td>\n2,925.7<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-6.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 16.00
\nEvaluated at bid price : 16.00
\nBid-YTW : 3.59 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n-5.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 19.83
\nEvaluated at bid price : 19.83
\nBid-YTW : 3.85 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n-4.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 22.60
\nEvaluated at bid price : 23.36
\nBid-YTW : 3.43 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n-3.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 18.79
\nEvaluated at bid price : 18.79
\nBid-YTW : 4.25 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n-2.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 21.02
\nEvaluated at bid price : 21.02
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n-2.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 24.08
\nEvaluated at bid price : 24.40
\nBid-YTW : 3.59 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-2.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 16.66
\nEvaluated at bid price : 16.66
\nBid-YTW : 3.58 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n-1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 24.68
\nEvaluated at bid price : 25.00
\nBid-YTW : 4.66 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 23.34
\nEvaluated at bid price : 23.81
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 12.47
\nEvaluated at bid price : 12.47
\nBid-YTW : 3.43 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-06-30
\nMaturity Price : 25.25
\nEvaluated at bid price : 26.12
\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n-1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 23.15
\nEvaluated at bid price : 24.70
\nBid-YTW : 3.42 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 21.96
\nEvaluated at bid price : 22.30
\nBid-YTW : 3.85 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 15.18
\nEvaluated at bid price : 15.18
\nBid-YTW : 3.69 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 18.35
\nEvaluated at bid price : 18.35
\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n3.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 16.90
\nEvaluated at bid price : 16.90
\nBid-YTW : 3.01 %<\/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
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n95,333<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 22.96
\nEvaluated at bid price : 24.00
\nBid-YTW : 3.27 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n74,977<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 23.01
\nEvaluated at bid price : 24.06
\nBid-YTW : 3.23 %<\/td>\n<\/tr>\n
W.PR.M<\/td>\nFixedReset Prem<\/td>\n69,700<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-11-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.30
\nBid-YTW : 3.81 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n55,415<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 23.15
\nEvaluated at bid price : 24.70
\nBid-YTW : 3.42 %<\/td>\n<\/tr>\n
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n51,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 24.58
\nEvaluated at bid price : 24.98
\nBid-YTW : 3.70 %<\/td>\n<\/tr>\n
BMO.PR.C<\/td>\nFixedReset Prem<\/td>\n44,500<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.20
\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n
There were 21 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
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\nQuote: 16.00 – 17.42
\nSpot Rate : 1.4200
\nAverage : 0.8909<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 16.00
\nEvaluated at bid price : 16.00
\nBid-YTW : 3.59 %<\/td>\n<\/tr>\n

NA.PR.W<\/td>\nFixedReset Disc<\/td>\nQuote: 23.36 – 24.37
\nSpot Rate : 1.0100
\nAverage : 0.5589<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 22.60
\nEvaluated at bid price : 23.36
\nBid-YTW : 3.43 %<\/td>\n<\/tr>\n

ELF.PR.G<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.00 – 26.00
\nSpot Rate : 1.0000
\nAverage : 0.5680<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 24.68
\nEvaluated at bid price : 25.00
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n

BAM.PR.R<\/td>\nFixedReset Disc<\/td>\nQuote: 18.79 – 20.25
\nSpot Rate : 1.4600
\nAverage : 1.0624<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 18.79
\nEvaluated at bid price : 18.79
\nBid-YTW : 4.25 %<\/td>\n<\/tr>\n

FTS.PR.K<\/td>\nFixedReset Disc<\/td>\nQuote: 19.83 – 20.83
\nSpot Rate : 1.0000
\nAverage : 0.6178<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 19.83
\nEvaluated at bid price : 19.83
\nBid-YTW : 3.85 %<\/td>\n<\/tr>\n

PWF.PR.P<\/td>\nFixedReset Disc<\/td>\nQuote: 16.66 – 17.95
\nSpot Rate : 1.2900
\nAverage : 1.0554<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-20
\nMaturity Price : 16.66
\nEvaluated at bid price : 16.66
\nBid-YTW : 3.58 %<\/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-42549","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42549","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=42549"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42549\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}