{"id":42754,"date":"2021-11-26T21:03:40","date_gmt":"2021-11-27T02:03:40","guid":{"rendered":"http:\/\/prefblog.com\/?p=42754"},"modified":"2021-11-26T21:03:40","modified_gmt":"2021-11-27T02:03:40","slug":"november-26-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42754","title":{"rendered":"November 26, 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>\n3.00 %<\/td>\n3.45 %<\/td>\n51,116<\/td>\n20.10<\/td>\n1<\/td>\n-0.7282 %<\/td>\n2,913.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-2.5872 %<\/td>\n5,223.7<\/td>\n<\/tr>\n
Floater<\/td>\n3.05 %<\/td>\n3.05 %<\/td>\n88,214<\/td>\n19.53<\/td>\n3<\/td>\n-2.5872 %<\/td>\n3,010.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1006 %<\/td>\n3,686.9<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.65 %<\/td>\n4.06 %<\/td>\n57,800<\/td>\n3.84<\/td>\n5<\/td>\n-0.1006 %<\/td>\n4,402.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1006 %<\/td>\n3,435.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.12 %<\/td>\n-8.80 %<\/td>\n45,122<\/td>\n0.09<\/td>\n28<\/td>\n-0.1074 %<\/td>\n3,267.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.72 %<\/td>\n4.87 %<\/td>\n70,154<\/td>\n15.67<\/td>\n6<\/td>\n-0.3458 %<\/td>\n3,837.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n3.83 %<\/td>\n3.87 %<\/td>\n129,050<\/td>\n16.82<\/td>\n37<\/td>\n-0.9672 %<\/td>\n2,887.4<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.97 %<\/td>\n4.49 %<\/td>\n91,279<\/td>\n3.44<\/td>\n20<\/td>\n-0.8792 %<\/td>\n3,651.0<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.43 %<\/td>\n2.74 %<\/td>\n29,394<\/td>\n20.36<\/td>\n2<\/td>\n-1.1787 %<\/td>\n2,926.0<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.66 %<\/td>\n3.55 %<\/td>\n122,352<\/td>\n2.28<\/td>\n33<\/td>\n-0.2533 %<\/td>\n2,738.9<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.9672 %<\/td>\n2,951.5<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.05 %<\/td>\n3.94 %<\/td>\n103,263<\/td>\n16.81<\/td>\n19<\/td>\n-0.6903 %<\/td>\n2,973.6<\/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\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
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n-15.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 21.95
\nEvaluated at bid price : 22.25
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n-4.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 13.81
\nEvaluated at bid price : 13.81
\nBid-YTW : 3.13 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-4.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 17.98
\nEvaluated at bid price : 17.98
\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n-4.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 14.00
\nEvaluated at bid price : 14.00
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n-2.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 22.66
\nEvaluated at bid price : 23.34
\nBid-YTW : 4.67 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n-2.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 22.64
\nEvaluated at bid price : 23.55
\nBid-YTW : 4.46 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n-2.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 18.20
\nEvaluated at bid price : 18.20
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-2.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 19.33
\nEvaluated at bid price : 19.33
\nBid-YTW : 4.54 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-2.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 22.17
\nEvaluated at bid price : 22.85
\nBid-YTW : 4.26 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-2.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 17.60
\nEvaluated at bid price : 17.60
\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n-2.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 15.65
\nEvaluated at bid price : 15.65
\nBid-YTW : 4.55 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n-2.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 20.75
\nEvaluated at bid price : 20.75
\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 17.20
\nEvaluated at bid price : 17.20
\nBid-YTW : 3.84 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Prem<\/td>\n-1.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 23.88
\nEvaluated at bid price : 24.35
\nBid-YTW : 4.67 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n-1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 20.41
\nEvaluated at bid price : 20.41
\nBid-YTW : 4.58 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n-1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 17.55
\nEvaluated at bid price : 17.55
\nBid-YTW : 2.13 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n-1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 14.16
\nEvaluated at bid price : 14.16
\nBid-YTW : 3.05 %<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 24.34
\nEvaluated at bid price : 24.65
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 14.20
\nEvaluated at bid price : 14.20
\nBid-YTW : 3.05 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 21.11
\nEvaluated at bid price : 21.11
\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 22.66
\nEvaluated at bid price : 23.22
\nBid-YTW : 4.55 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 23.27
\nEvaluated at bid price : 24.32
\nBid-YTW : 4.01 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 21.42
\nEvaluated at bid price : 21.75
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 21.98
\nEvaluated at bid price : 22.50
\nBid-YTW : 3.88 %<\/td>\n<\/tr>\n
BAM.PF.H<\/td>\nFixedReset Prem<\/td>\n-1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.30
\nBid-YTW : 2.83 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset Disc<\/td>\n-1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 21.77
\nEvaluated at bid price : 22.26
\nBid-YTW : 4.17 %<\/td>\n<\/tr>\n
BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\n-1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 24.25
\nEvaluated at bid price : 24.55
\nBid-YTW : 4.90 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 22.65
\nEvaluated at bid price : 23.50
\nBid-YTW : 4.42 %<\/td>\n<\/tr>\n
CIU.PR.A<\/td>\nPerpetual-Premium<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 24.00
\nEvaluated at bid price : 24.25
\nBid-YTW : 4.75 %<\/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
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n46,753<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 24.37
\nEvaluated at bid price : 24.77
\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n
MFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n36,200<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-18
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.22
\nBid-YTW : 3.79 %<\/td>\n<\/tr>\n
MFC.PR.H<\/td>\nFixedReset Ins Non<\/td>\n31,700<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.30
\nBid-YTW : 3.04 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n29,948<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 23.17
\nEvaluated at bid price : 24.41
\nBid-YTW : 3.79 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Prem<\/td>\n25,214<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 23.71
\nEvaluated at bid price : 25.50
\nBid-YTW : 3.89 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n24,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 23.14
\nEvaluated at bid price : 24.38
\nBid-YTW : 3.79 %<\/td>\n<\/tr>\n
There were 15 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
IFC.PR.E<\/td>\nInsurance Straight<\/td>\nQuote: 22.25 – 26.98
\nSpot Rate : 4.7300
\nAverage : 2.7644<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 21.95
\nEvaluated at bid price : 22.25
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n

MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.98 – 18.98
\nSpot Rate : 1.0000
\nAverage : 0.6100<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 17.98
\nEvaluated at bid price : 17.98
\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n

PVS.PR.G<\/td>\nSplitShare<\/td>\nQuote: 25.75 – 27.00
\nSpot Rate : 1.2500
\nAverage : 0.9152<\/p>\n

YTW SCENARIO
\nMaturity Type : Option Certainty
\nMaturity Date\t: 2026-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.75
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n

BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.65 – 25.50
\nSpot Rate : 0.8500
\nAverage : 0.5568<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 24.34
\nEvaluated at bid price : 24.65
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n

BAM.PF.F<\/td>\nFixedReset Disc<\/td>\nQuote: 23.34 – 24.00
\nSpot Rate : 0.6600
\nAverage : 0.3853<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 22.66
\nEvaluated at bid price : 23.34
\nBid-YTW : 4.67 %<\/td>\n<\/tr>\n

BAM.PR.K<\/td>\nFloater<\/td>\nQuote: 13.81 – 14.43
\nSpot Rate : 0.6200
\nAverage : 0.3803<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-11-26
\nMaturity Price : 13.81
\nEvaluated at bid price : 13.81
\nBid-YTW : 3.13 %<\/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 3.00 % 3.45 …<\/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-42754","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42754","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=42754"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42754\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}