{"id":42554,"date":"2021-09-22T20:56:56","date_gmt":"2021-09-23T01:56:56","guid":{"rendered":"http:\/\/prefblog.com\/?p=42554"},"modified":"2021-09-22T20:56:56","modified_gmt":"2021-09-23T01:56:56","slug":"september-22-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42554","title":{"rendered":"September 22, 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-1.2876 %<\/td>\n2,484.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.2876 %<\/td>\n4,558.5<\/td>\n<\/tr>\n
Floater<\/td>\n3.50 %<\/td>\n3.45 %<\/td>\n50,031<\/td>\n18.65<\/td>\n3<\/td>\n-1.2876 %<\/td>\n2,627.1<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0129 %<\/td>\n3,692.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.65 %<\/td>\n4.02 %<\/td>\n34,431<\/td>\n3.72<\/td>\n6<\/td>\n0.0129 %<\/td>\n4,409.7<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0129 %<\/td>\n3,440.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.00 %<\/td>\n-11.20 %<\/td>\n52,692<\/td>\n0.09<\/td>\n34<\/td>\n0.0387 %<\/td>\n3,319.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0387 %<\/td>\n3,994.9<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n3.98 %<\/td>\n3.51 %<\/td>\n111,274<\/td>\n17.85<\/td>\n40<\/td>\n0.3385 %<\/td>\n2,830.8<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.87 %<\/td>\n-9.12 %<\/td>\n78,877<\/td>\n0.08<\/td>\n21<\/td>\n0.0428 %<\/td>\n3,736.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.09 %<\/td>\n3.09 %<\/td>\n30,601<\/td>\n19.51<\/td>\n1<\/td>\n1.2270 %<\/td>\n2,566.9<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.67 %<\/td>\n3.25 %<\/td>\n133,722<\/td>\n2.42<\/td>\n33<\/td>\n0.1759 %<\/td>\n2,758.7<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3385 %<\/td>\n2,893.6<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.05 %<\/td>\n3.33 %<\/td>\n94,879<\/td>\n18.20<\/td>\n20<\/td>\n0.1574 %<\/td>\n2,941.2<\/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
BAM.PR.C<\/td>\nFloater<\/td>\n-6.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 11.70
\nEvaluated at bid price : 11.70
\nBid-YTW : 3.66 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n-2.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 4.10 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 12.43
\nEvaluated at bid price : 12.43
\nBid-YTW : 3.45 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 23.20
\nEvaluated at bid price : 24.82
\nBid-YTW : 3.51 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 18.22
\nEvaluated at bid price : 18.22
\nBid-YTW : 4.00 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 17.10
\nEvaluated at bid price : 17.10
\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Prem<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 23.70
\nEvaluated at bid price : 25.40
\nBid-YTW : 3.44 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 16.50
\nEvaluated at bid price : 16.50
\nBid-YTW : 3.09 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 15.20
\nEvaluated at bid price : 15.20
\nBid-YTW : 3.69 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 22.57
\nEvaluated at bid price : 23.45
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 22.01
\nEvaluated at bid price : 22.60
\nBid-YTW : 3.59 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 3.67 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n2.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 20.10
\nEvaluated at bid price : 20.10
\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n3.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 12.67
\nEvaluated at bid price : 12.67
\nBid-YTW : 3.38 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n5.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 17.55
\nEvaluated at bid price : 17.55
\nBid-YTW : 3.40 %<\/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.R<\/td>\nFixedReset Disc<\/td>\n215,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 20.10
\nEvaluated at bid price : 20.10
\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Premium<\/td>\n78,700<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-09-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.30
\nBid-YTW : 3.51 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n75,200<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-08-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.85
\nBid-YTW : 3.30 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n55,300<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-22
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.29
\nBid-YTW : -8.90 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Prem<\/td>\n45,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 23.68
\nEvaluated at bid price : 25.41
\nBid-YTW : 3.52 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n41,900<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-22
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.30
\nBid-YTW : -9.20 %<\/td>\n<\/tr>\n
There were 14 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.C<\/td>\nFloater<\/td>\nQuote: 11.70 – 12.70
\nSpot Rate : 1.0000
\nAverage : 0.5605<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 11.70
\nEvaluated at bid price : 11.70
\nBid-YTW : 3.66 %<\/td>\n<\/tr>\n

GWO.PR.F<\/td>\nInsurance Straight<\/td>\nQuote: 26.55 – 27.55
\nSpot Rate : 1.0000
\nAverage : 0.6454<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-22
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.55
\nBid-YTW : -58.30 %<\/td>\n<\/tr>\n

BAM.PF.C<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.34 – 26.04
\nSpot Rate : 0.7000
\nAverage : 0.4182<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-22
\nMaturity Price : 25.25
\nEvaluated at bid price : 25.34
\nBid-YTW : -0.81 %<\/td>\n<\/tr>\n

BAM.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 21.00 – 21.70
\nSpot Rate : 0.7000
\nAverage : 0.4934<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n

PVS.PR.H<\/td>\nSplitShare<\/td>\nQuote: 25.75 – 26.50
\nSpot Rate : 0.7500
\nAverage : 0.5591<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2027-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.75
\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n

TRP.PR.D<\/td>\nFixedReset Disc<\/td>\nQuote: 20.60 – 21.14
\nSpot Rate : 0.5400
\nAverage : 0.3525<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-22
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 4.10 %<\/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-42554","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42554","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=42554"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42554\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}