{"id":42570,"date":"2021-09-28T20:04:42","date_gmt":"2021-09-29T01:04:42","guid":{"rendered":"http:\/\/prefblog.com\/?p=42570"},"modified":"2021-09-28T20:04:42","modified_gmt":"2021-09-29T01:04:42","slug":"september-28-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42570","title":{"rendered":"September 28, 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>\n0.3907 %<\/td>\n2,601.7<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3907 %<\/td>\n4,774.1<\/td>\n<\/tr>\n
Floater<\/td>\n3.34 %<\/td>\n3.33 %<\/td>\n49,650<\/td>\n18.90<\/td>\n3<\/td>\n0.3907 %<\/td>\n2,751.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0193 %<\/td>\n3,701.0<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.64 %<\/td>\n3.78 %<\/td>\n33,421<\/td>\n3.70<\/td>\n6<\/td>\n-0.0193 %<\/td>\n4,419.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0193 %<\/td>\n3,448.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.01 %<\/td>\n-13.41 %<\/td>\n53,274<\/td>\n0.09<\/td>\n34<\/td>\n-0.0034 %<\/td>\n3,317.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0034 %<\/td>\n3,992.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n3.95 %<\/td>\n3.59 %<\/td>\n106,146<\/td>\n17.42<\/td>\n40<\/td>\n0.1734 %<\/td>\n2,850.0<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.86 %<\/td>\n-10.11 %<\/td>\n80,290<\/td>\n0.09<\/td>\n21<\/td>\n-0.1223 %<\/td>\n3,742.0<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.03 %<\/td>\n3.03 %<\/td>\n31,249<\/td>\n19.64<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,629.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.67 %<\/td>\n3.02 %<\/td>\n132,781<\/td>\n2.43<\/td>\n33<\/td>\n0.0141 %<\/td>\n2,760.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1734 %<\/td>\n2,913.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.03 %<\/td>\n3.53 %<\/td>\n92,214<\/td>\n17.82<\/td>\n20<\/td>\n0.1008 %<\/td>\n2,955.3<\/td>\n<\/tr>\n<\/table>\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
IFC.PR.I<\/td>\nPerpetual-Premium<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-03-31
\nMaturity Price : 26.00
\nEvaluated at bid price : 27.01
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-28
\nMaturity Price : 22.79
\nEvaluated at bid price : 23.90
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-28
\nMaturity Price : 17.80
\nEvaluated at bid price : 17.80
\nBid-YTW : 3.59 %<\/td>\n<\/tr>\n
W.PR.M<\/td>\nFixedReset Prem<\/td>\n1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-11-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.30
\nBid-YTW : -5.87 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-28
\nMaturity Price : 22.01
\nEvaluated at bid price : 22.60
\nBid-YTW : 3.82 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-28
\nMaturity Price : 18.70
\nEvaluated at bid price : 18.70
\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-28
\nMaturity Price : 21.17
\nEvaluated at bid price : 21.17
\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-28
\nMaturity Price : 20.75
\nEvaluated at bid price : 20.75
\nBid-YTW : 3.43 %<\/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
W.PR.M<\/td>\nFixedReset Prem<\/td>\n133,835<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-11-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.30
\nBid-YTW : -5.87 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Prem<\/td>\n103,200<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.35
\nBid-YTW : 2.29 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Prem<\/td>\n89,742<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-28
\nMaturity Price : 23.82
\nEvaluated at bid price : 25.10
\nBid-YTW : 3.48 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n62,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-28
\nMaturity Price : 23.76
\nEvaluated at bid price : 25.30
\nBid-YTW : 3.58 %<\/td>\n<\/tr>\n
GWO.PR.L<\/td>\nInsurance Straight<\/td>\n50,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.80
\nBid-YTW : -30.50 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n47,324<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.10
\nBid-YTW : 1.17 %<\/td>\n<\/tr>\n
There were 17 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
TD.PF.J<\/td>\nFixedReset Prem<\/td>\nQuote: 25.55 – 26.55
\nSpot Rate : 1.0000
\nAverage : 0.6189<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-09-28
\nMaturity Price : 23.89
\nEvaluated at bid price : 25.55
\nBid-YTW : 3.70 %<\/td>\n<\/tr>\n

BIP.PR.B<\/td>\nFixedReset Prem<\/td>\nQuote: 27.00 – 27.60
\nSpot Rate : 0.6000
\nAverage : 0.4083<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.00
\nBid-YTW : 3.48 %<\/td>\n<\/tr>\n

CM.PR.Y<\/td>\nFixedReset Prem<\/td>\nQuote: 26.35 – 26.99
\nSpot Rate : 0.6400
\nAverage : 0.4678<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.35
\nBid-YTW : 3.02 %<\/td>\n<\/tr>\n

RY.PR.O<\/td>\nPerpetual-Premium<\/td>\nQuote: 26.55 – 27.00
\nSpot Rate : 0.4500
\nAverage : 0.2900<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-28
\nMaturity Price : 26.00
\nEvaluated at bid price : 26.55
\nBid-YTW : -14.75 %<\/td>\n<\/tr>\n

CU.PR.F<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.40 – 25.80
\nSpot Rate : 0.4000
\nAverage : 0.2627<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-28
\nMaturity Price : 25.25
\nEvaluated at bid price : 25.40
\nBid-YTW : 1.23 %<\/td>\n<\/tr>\n

MFC.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 25.27 – 25.98
\nSpot Rate : 0.7100
\nAverage : 0.5946<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.27
\nBid-YTW : -7.11 %<\/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-42570","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42570","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=42570"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42570\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}