{"id":42764,"date":"2021-12-02T22:19:54","date_gmt":"2021-12-03T03:19:54","guid":{"rendered":"http:\/\/prefblog.com\/?p=42764"},"modified":"2021-12-02T22:19:54","modified_gmt":"2021-12-03T03:19:54","slug":"december-2-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42764","title":{"rendered":"December 2, 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>\n3.13 %<\/td>\n3.66 %<\/td>\n54,208<\/td>\n19.89<\/td>\n1<\/td>\n-4.3521 %<\/td>\n2,786.4<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.0760 %<\/td>\n5,124.6<\/td>\n<\/tr>\n
Floater<\/td>\n3.11 %<\/td>\n3.09 %<\/td>\n86,724<\/td>\n19.44<\/td>\n3<\/td>\n-1.0760 %<\/td>\n2,953.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2257 %<\/td>\n3,678.0<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.66 %<\/td>\n4.20 %<\/td>\n53,046<\/td>\n3.82<\/td>\n5<\/td>\n0.2257 %<\/td>\n4,392.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2257 %<\/td>\n3,427.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.14 %<\/td>\n-0.32 %<\/td>\n43,511<\/td>\n0.09<\/td>\n28<\/td>\n-0.0715 %<\/td>\n3,252.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.73 %<\/td>\n4.86 %<\/td>\n66,445<\/td>\n15.65<\/td>\n6<\/td>\n0.1777 %<\/td>\n3,826.9<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n3.94 %<\/td>\n4.06 %<\/td>\n125,954<\/td>\n17.14<\/td>\n37<\/td>\n-1.7897 %<\/td>\n2,800.3<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.01 %<\/td>\n4.51 %<\/td>\n93,762<\/td>\n14.73<\/td>\n20<\/td>\n-0.3322 %<\/td>\n3,624.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.50 %<\/td>\n2.83 %<\/td>\n30,921<\/td>\n20.19<\/td>\n2<\/td>\n-1.0283 %<\/td>\n2,812.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.70 %<\/td>\n3.84 %<\/td>\n114,047<\/td>\n2.47<\/td>\n33<\/td>\n-0.0597 %<\/td>\n2,720.8<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.7897 %<\/td>\n2,862.5<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.11 %<\/td>\n3.89 %<\/td>\n97,033<\/td>\n17.11<\/td>\n19<\/td>\n-0.4681 %<\/td>\n2,930.4<\/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\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n-47.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 12.17
\nEvaluated at bid price : 12.17
\nBid-YTW : 8.46 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n-5.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 14.37
\nEvaluated at bid price : 14.37
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n
BAM.PR.E<\/td>\nRatchet<\/td>\n-4.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.56
\nBid-YTW : 3.66 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n-3.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 20.95
\nEvaluated at bid price : 20.95
\nBid-YTW : 4.73 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-3.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 13.25
\nEvaluated at bid price : 13.25
\nBid-YTW : 3.27 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n-3.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 20.15
\nEvaluated at bid price : 20.15
\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-2.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 21.76
\nEvaluated at bid price : 22.20
\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-2.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 17.99
\nEvaluated at bid price : 17.99
\nBid-YTW : 3.80 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-2.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 22.69
\nEvaluated at bid price : 23.45
\nBid-YTW : 4.00 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n-2.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 22.52
\nEvaluated at bid price : 23.04
\nBid-YTW : 3.89 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n-2.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 17.50
\nEvaluated at bid price : 17.50
\nBid-YTW : 2.83 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n-1.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 22.29
\nEvaluated at bid price : 22.85
\nBid-YTW : 4.48 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n-1.82 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 13.50
\nEvaluated at bid price : 13.50
\nBid-YTW : 4.67 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n-1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 23.28
\nEvaluated at bid price : 23.65
\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 23.06
\nEvaluated at bid price : 24.00
\nBid-YTW : 3.88 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n-1.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 18.10
\nEvaluated at bid price : 18.10
\nBid-YTW : 4.51 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 23.50
\nEvaluated at bid price : 23.80
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
MIC.PR.A<\/td>\nPerpetual-Premium<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2030-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.80
\nBid-YTW : 4.52 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 22.99
\nEvaluated at bid price : 24.23
\nBid-YTW : 4.09 %<\/td>\n<\/tr>\n
PVS.PR.J<\/td>\nSplitShare<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2028-02-29
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.04
\nBid-YTW : 4.38 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 23.02
\nEvaluated at bid price : 24.30
\nBid-YTW : 4.09 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.25
\nBid-YTW : -11.59 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 21.43
\nEvaluated at bid price : 21.77
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 20.99
\nEvaluated at bid price : 20.99
\nBid-YTW : 4.55 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Prem<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.40
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
RS.PR.A<\/td>\nSplitShare<\/td>\n1.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 10.00
\nEvaluated at bid price : 10.75
\nBid-YTW : 3.52 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n1.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 4.60 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n2.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 23.67
\nEvaluated at bid price : 24.91
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n3.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 23.10
\nEvaluated at bid price : 24.16
\nBid-YTW : 3.83 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n4.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 18.38
\nEvaluated at bid price : 18.38
\nBid-YTW : 4.59 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n10.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 24.01
\nEvaluated at bid price : 24.50
\nBid-YTW : 5.38 %<\/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
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n59,324<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 24.26
\nEvaluated at bid price : 24.56
\nBid-YTW : 4.51 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n23,925<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.97
\nBid-YTW : 2.69 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n23,312<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 23.13
\nEvaluated at bid price : 24.25
\nBid-YTW : 3.74 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n21,035<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 22.99
\nEvaluated at bid price : 24.23
\nBid-YTW : 4.09 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n20,120<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 23.15
\nEvaluated at bid price : 24.20
\nBid-YTW : 3.71 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset Prem<\/td>\n17,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 23.73
\nEvaluated at bid price : 24.95
\nBid-YTW : 4.00 %<\/td>\n<\/tr>\n
There were 10 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
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\nQuote: 12.17 – 23.50
\nSpot Rate : 11.3300
\nAverage : 6.2074<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 12.17
\nEvaluated at bid price : 12.17
\nBid-YTW : 8.46 %<\/td>\n<\/tr>\n

TRP.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 14.37 – 15.35
\nSpot Rate : 0.9800
\nAverage : 0.6310<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 14.37
\nEvaluated at bid price : 14.37
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n

IFC.PR.I<\/td>\nPerpetual-Premium<\/td>\nQuote: 26.55 – 27.60
\nSpot Rate : 1.0500
\nAverage : 0.7062<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.55
\nBid-YTW : 4.58 %<\/td>\n<\/tr>\n

BAM.PR.E<\/td>\nRatchet<\/td>\nQuote: 19.56 – 20.56
\nSpot Rate : 1.0000
\nAverage : 0.6794<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.56
\nBid-YTW : 3.66 %<\/td>\n<\/tr>\n

GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 16.62 – 17.49
\nSpot Rate : 0.8700
\nAverage : 0.5609<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 16.62
\nEvaluated at bid price : 16.62
\nBid-YTW : 3.82 %<\/td>\n<\/tr>\n

BAM.PR.B<\/td>\nFloater<\/td>\nQuote: 13.25 – 14.34
\nSpot Rate : 1.0900
\nAverage : 0.7926<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-02
\nMaturity Price : 13.25
\nEvaluated at bid price : 13.25
\nBid-YTW : 3.27 %<\/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 3.13 % 3.66 …<\/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-42764","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42764","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=42764"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42764\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}