{"id":42656,"date":"2021-10-22T10:36:57","date_gmt":"2021-10-22T15:36:57","guid":{"rendered":"http:\/\/prefblog.com\/?p=42656"},"modified":"2021-10-22T10:36:57","modified_gmt":"2021-10-22T15:36:57","slug":"october-21-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42656","title":{"rendered":"October 21, 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>\n0.6621 %<\/td>\n2,771.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.6621 %<\/td>\n5,085.0<\/td>\n<\/tr>\n
Floater<\/td>\n3.13 %<\/td>\n3.15 %<\/td>\n56,842<\/td>\n19.36<\/td>\n3<\/td>\n0.6621 %<\/td>\n2,930.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2716 %<\/td>\n3,743.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.58 %<\/td>\n4.14 %<\/td>\n52,924<\/td>\n3.89<\/td>\n5<\/td>\n0.2716 %<\/td>\n4,470.5<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2716 %<\/td>\n3,488.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.07 %<\/td>\n-13.18 %<\/td>\n55,684<\/td>\n0.09<\/td>\n32<\/td>\n0.0257 %<\/td>\n3,281.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.70 %<\/td>\n4.82 %<\/td>\n37,721<\/td>\n15.82<\/td>\n2<\/td>\n0.0203 %<\/td>\n3,879.6<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n3.83 %<\/td>\n3.70 %<\/td>\n109,059<\/td>\n17.12<\/td>\n40<\/td>\n0.0527 %<\/td>\n2,901.4<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.90 %<\/td>\n-0.61 %<\/td>\n80,160<\/td>\n0.09<\/td>\n20<\/td>\n-0.0765 %<\/td>\n3,707.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.53 %<\/td>\n2.81 %<\/td>\n25,479<\/td>\n20.22<\/td>\n2<\/td>\n0.7143 %<\/td>\n2,861.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.69 %<\/td>\n2.94 %<\/td>\n128,195<\/td>\n1.97<\/td>\n31<\/td>\n0.0188 %<\/td>\n2,761.3<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0527 %<\/td>\n2,965.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.05 %<\/td>\n3.67 %<\/td>\n102,690<\/td>\n17.35<\/td>\n19<\/td>\n-0.0673 %<\/td>\n2,978.5<\/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
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-21
\nMaturity Price : 20.35
\nEvaluated at bid price : 20.35
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetual-Premium<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-21
\nMaturity Price : 24.15
\nEvaluated at bid price : 24.40
\nBid-YTW : 4.90 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-21
\nMaturity Price : 24.52
\nEvaluated at bid price : 24.85
\nBid-YTW : 4.31 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-21
\nMaturity Price : 22.98
\nEvaluated at bid price : 23.82
\nBid-YTW : 4.16 %<\/td>\n<\/tr>\n
RS.PR.A<\/td>\nSplitShare<\/td>\n1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 10.00
\nEvaluated at bid price : 11.15
\nBid-YTW : 2.44 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-21
\nMaturity Price : 18.25
\nEvaluated at bid price : 18.25
\nBid-YTW : 2.81 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-21
\nMaturity Price : 13.75
\nEvaluated at bid price : 13.75
\nBid-YTW : 3.14 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Prem<\/td>\n1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-01-27
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.68
\nBid-YTW : 3.58 %<\/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.T<\/td>\nFixedReset Disc<\/td>\n231,727<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-21
\nMaturity Price : 23.18
\nEvaluated at bid price : 24.40
\nBid-YTW : 3.57 %<\/td>\n<\/tr>\n
BMO.PR.C<\/td>\nFixedReset Prem<\/td>\n90,730<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.40
\nBid-YTW : 2.94 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n62,575<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-05-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.05
\nBid-YTW : 3.30 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n57,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-21
\nMaturity Price : 23.09
\nEvaluated at bid price : 24.26
\nBid-YTW : 3.57 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n48,408<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-21
\nMaturity Price : 23.22
\nEvaluated at bid price : 24.41
\nBid-YTW : 3.56 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n44,970<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-21
\nMaturity Price : 24.09
\nEvaluated at bid price : 24.47
\nBid-YTW : 4.60 %<\/td>\n<\/tr>\n
There were 18 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
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\nQuote: 16.65 – 18.83
\nSpot Rate : 2.1800
\nAverage : 1.8751<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-21
\nMaturity Price : 16.65
\nEvaluated at bid price : 16.65
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n

RY.PR.N<\/td>\nPerpetual-Premium<\/td>\nQuote: 26.27 – 26.89
\nSpot Rate : 0.6200
\nAverage : 0.4032<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-11-24
\nMaturity Price : 25.75
\nEvaluated at bid price : 26.27
\nBid-YTW : -8.50 %<\/td>\n<\/tr>\n

BAM.PF.F<\/td>\nFixedReset Disc<\/td>\nQuote: 24.12 – 24.65
\nSpot Rate : 0.5300
\nAverage : 0.3383<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-21
\nMaturity Price : 23.04
\nEvaluated at bid price : 24.12
\nBid-YTW : 4.24 %<\/td>\n<\/tr>\n

BAM.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 20.35 – 21.20
\nSpot Rate : 0.8500
\nAverage : 0.6881<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-21
\nMaturity Price : 20.35
\nEvaluated at bid price : 20.35
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n

MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.20 – 18.70
\nSpot Rate : 1.5000
\nAverage : 1.3782<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-21
\nMaturity Price : 17.20
\nEvaluated at bid price : 17.20
\nBid-YTW : 3.83 %<\/td>\n<\/tr>\n

BAM.PR.M<\/td>\nPerpetual-Premium<\/td>\nQuote: 24.40 – 24.91
\nSpot Rate : 0.5100
\nAverage : 0.3920<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-10-21
\nMaturity Price : 24.15
\nEvaluated at bid price : 24.40
\nBid-YTW : 4.90 %<\/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-42656","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42656","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=42656"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42656\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}