{"id":42653,"date":"2021-10-20T21:02:14","date_gmt":"2021-10-21T02:02:14","guid":{"rendered":"http:\/\/prefblog.com\/?p=42653"},"modified":"2021-10-20T21:02:14","modified_gmt":"2021-10-21T02:02:14","slug":"october-20-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42653","title":{"rendered":"October 20, 2021"},"content":{"rendered":"

Long corporates<\/a> are now at 3.56%.<\/p>\n\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>\n0.0491 %<\/td>\n2,753.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0491 %<\/td>\n5,051.5<\/td>\n<\/tr>\n
Floater<\/td>\n3.15 %<\/td>\n3.18 %<\/td>\n54,547<\/td>\n19.28<\/td>\n3<\/td>\n0.0491 %<\/td>\n2,911.2<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1375 %<\/td>\n3,733.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.59 %<\/td>\n4.06 %<\/td>\n55,100<\/td>\n3.90<\/td>\n5<\/td>\n-0.1375 %<\/td>\n4,458.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1375 %<\/td>\n3,478.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.07 %<\/td>\n-9.25 %<\/td>\n55,954<\/td>\n0.09<\/td>\n32<\/td>\n-0.0171 %<\/td>\n3,281.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.70 %<\/td>\n4.83 %<\/td>\n36,977<\/td>\n15.81<\/td>\n2<\/td>\n-0.0203 %<\/td>\n3,878.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n3.83 %<\/td>\n3.72 %<\/td>\n103,425<\/td>\n17.08<\/td>\n40<\/td>\n0.1606 %<\/td>\n2,899.8<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.89 %<\/td>\n-2.12 %<\/td>\n80,396<\/td>\n0.09<\/td>\n20<\/td>\n0.6973 %<\/td>\n3,710.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.55 %<\/td>\n2.85 %<\/td>\n25,391<\/td>\n20.12<\/td>\n2<\/td>\n3.0928 %<\/td>\n2,840.8<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.70 %<\/td>\n2.87 %<\/td>\n127,293<\/td>\n1.97<\/td>\n31<\/td>\n0.0250 %<\/td>\n2,760.7<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1606 %<\/td>\n2,964.2<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.04 %<\/td>\n3.65 %<\/td>\n106,712<\/td>\n17.36<\/td>\n19<\/td>\n-0.0090 %<\/td>\n2,980.5<\/td>\n<\/tr>\n<\/table>\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
RS.PR.A<\/td>\nSplitShare<\/td>\n-1.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 10.00
\nEvaluated at bid price : 11.00
\nBid-YTW : 2.80 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Prem<\/td>\n-1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-20
\nMaturity Price : 23.62
\nEvaluated at bid price : 25.30
\nBid-YTW : 3.68 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-20
\nMaturity Price : 22.83
\nEvaluated at bid price : 23.55
\nBid-YTW : 4.21 %<\/td>\n<\/tr>\n
MIC.PR.A<\/td>\nPerpetual-Premium<\/td>\n1.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-03-31
\nMaturity Price : 26.00
\nEvaluated at bid price : 27.43
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n5.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-20
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 2.85 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n14.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-11-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.15
\nBid-YTW : 2.15 %<\/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
BMO.PR.C<\/td>\nFixedReset Prem<\/td>\n324,897<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.43
\nBid-YTW : 2.72 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n95,564<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-20
\nMaturity Price : 24.12
\nEvaluated at bid price : 24.50
\nBid-YTW : 4.60 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Prem<\/td>\n56,352<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-20
\nMaturity Price : 23.80
\nEvaluated at bid price : 25.21
\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n52,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-20
\nMaturity Price : 23.15
\nEvaluated at bid price : 24.31
\nBid-YTW : 3.64 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Prem<\/td>\n46,827<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.41
\nBid-YTW : 2.16 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Prem<\/td>\n40,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-11-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.52
\nBid-YTW : 3.75 %<\/td>\n<\/tr>\n
There were 13 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: 17.20 – 18.70
\nSpot Rate : 1.5000
\nAverage : 1.2446<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-20
\nMaturity Price : 17.20
\nEvaluated at bid price : 17.20
\nBid-YTW : 3.83 %<\/td>\n<\/tr>\n

BNS.PR.I<\/td>\nFixedReset Prem<\/td>\nQuote: 25.30 – 25.75
\nSpot Rate : 0.4500
\nAverage : 0.2632<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-20
\nMaturity Price : 23.62
\nEvaluated at bid price : 25.30
\nBid-YTW : 3.68 %<\/td>\n<\/tr>\n

BIP.PR.B<\/td>\nFixedReset Prem<\/td>\nQuote: 26.36 – 26.80
\nSpot Rate : 0.4400
\nAverage : 0.2741<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.36
\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n

TRP.PR.E<\/td>\nFixedReset Disc<\/td>\nQuote: 21.80 – 22.38
\nSpot Rate : 0.5800
\nAverage : 0.4318<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-20
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.80
\nBid-YTW : 4.17 %<\/td>\n<\/tr>\n

BAM.PF.B<\/td>\nFixedReset Disc<\/td>\nQuote: 23.55 – 24.00
\nSpot Rate : 0.4500
\nAverage : 0.3038<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-20
\nMaturity Price : 22.83
\nEvaluated at bid price : 23.55
\nBid-YTW : 4.21 %<\/td>\n<\/tr>\n

CIU.PR.A<\/td>\nPerpetual-Premium<\/td>\nQuote: 24.90 – 25.35
\nSpot Rate : 0.4500
\nAverage : 0.3100<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-20
\nMaturity Price : 24.64
\nEvaluated at bid price : 24.90
\nBid-YTW : 4.67 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Long corporates are now at 3.56%. 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. …<\/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-42653","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42653","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=42653"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42653\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}