{"id":42814,"date":"2021-12-13T22:47:57","date_gmt":"2021-12-14T03:47:57","guid":{"rendered":"http:\/\/prefblog.com\/?p=42814"},"modified":"2021-12-13T22:47:57","modified_gmt":"2021-12-14T03:47:57","slug":"december-13-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42814","title":{"rendered":"December 13, 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>\n3.08 %<\/td>\n3.58 %<\/td>\n45,401<\/td>\n19.97<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,834.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1946 %<\/td>\n5,082.5<\/td>\n<\/tr>\n
Floater<\/td>\n3.13 %<\/td>\n3.17 %<\/td>\n75,234<\/td>\n19.21<\/td>\n3<\/td>\n-0.1946 %<\/td>\n2,929.1<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1594 %<\/td>\n3,659.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.69 %<\/td>\n4.22 %<\/td>\n47,773<\/td>\n3.61<\/td>\n6<\/td>\n-0.1594 %<\/td>\n4,369.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1594 %<\/td>\n3,409.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.18 %<\/td>\n-1.16 %<\/td>\n45,214<\/td>\n0.08<\/td>\n23<\/td>\n-0.0323 %<\/td>\n3,244.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.78 %<\/td>\n4.82 %<\/td>\n65,074<\/td>\n15.80<\/td>\n11<\/td>\n0.5435 %<\/td>\n3,847.6<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.02 %<\/td>\n4.11 %<\/td>\n113,594<\/td>\n17.30<\/td>\n42<\/td>\n-0.6271 %<\/td>\n2,802.5<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.97 %<\/td>\n4.51 %<\/td>\n98,433<\/td>\n0.54<\/td>\n19<\/td>\n0.0042 %<\/td>\n3,648.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.53 %<\/td>\n2.86 %<\/td>\n27,082<\/td>\n20.09<\/td>\n2<\/td>\n-3.0792 %<\/td>\n2,682.5<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.74 %<\/td>\n3.71 %<\/td>\n113,324<\/td>\n2.29<\/td>\n28<\/td>\n-0.0673 %<\/td>\n2,714.5<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.6271 %<\/td>\n2,864.7<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.13 %<\/td>\n3.86 %<\/td>\n89,854<\/td>\n17.27<\/td>\n19<\/td>\n0.0137 %<\/td>\n2,920.7<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n-4.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 21.84
\nEvaluated at bid price : 22.10
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n-3.90 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 22.74
\nEvaluated at bid price : 23.64
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n-3.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 16.80
\nEvaluated at bid price : 16.80
\nBid-YTW : 2.86 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n-3.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 20.16
\nEvaluated at bid price : 20.16
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n-2.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 16.25
\nEvaluated at bid price : 16.25
\nBid-YTW : 2.18 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n-2.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 14.85
\nEvaluated at bid price : 14.85
\nBid-YTW : 4.54 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n-2.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 22.71
\nEvaluated at bid price : 23.50
\nBid-YTW : 3.85 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n-2.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 13.65
\nEvaluated at bid price : 13.65
\nBid-YTW : 3.17 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n-2.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 22.89
\nEvaluated at bid price : 23.80
\nBid-YTW : 3.73 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n-1.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 13.20
\nEvaluated at bid price : 13.20
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n-1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 22.93
\nEvaluated at bid price : 23.87
\nBid-YTW : 3.72 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 23.02
\nEvaluated at bid price : 24.00
\nBid-YTW : 3.68 %<\/td>\n<\/tr>\n
BMO.PR.F<\/td>\nFixedReset Prem<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-05-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.70
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n
TD.PF.L<\/td>\nFixedReset Prem<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.80
\nBid-YTW : 4.07 %<\/td>\n<\/tr>\n
RS.PR.A<\/td>\nSplitShare<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 10.00
\nEvaluated at bid price : 10.51
\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 23.00
\nEvaluated at bid price : 24.25
\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-12
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.05
\nBid-YTW : -0.49 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Prem<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 23.64
\nEvaluated at bid price : 25.10
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
BAM.PF.H<\/td>\nFixedReset Prem<\/td>\n2.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.80
\nBid-YTW : 3.37 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n2.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 13.60
\nEvaluated at bid price : 13.60
\nBid-YTW : 3.19 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n2.95 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 22.90
\nEvaluated at bid price : 24.09
\nBid-YTW : 3.85 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n4.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 22.32
\nEvaluated at bid price : 22.90
\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n
CIU.PR.A<\/td>\nPerpetual-Discount<\/td>\n7.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 23.69
\nEvaluated at bid price : 23.96
\nBid-YTW : 4.82 %<\/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
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n29,960<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 24.56
\nEvaluated at bid price : 24.95
\nBid-YTW : 4.77 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n27,635<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 23.20
\nEvaluated at bid price : 24.29
\nBid-YTW : 3.74 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Prem<\/td>\n24,409<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 23.86
\nEvaluated at bid price : 24.97
\nBid-YTW : 3.80 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n20,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 24.40
\nEvaluated at bid price : 24.80
\nBid-YTW : 4.58 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Prem<\/td>\n19,794<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 23.62
\nEvaluated at bid price : 25.05
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n17,260<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 24.21
\nEvaluated at bid price : 24.50
\nBid-YTW : 4.60 %<\/td>\n<\/tr>\n
There were 9 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
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 20.00 – 21.50
\nSpot Rate : 1.5000
\nAverage : 0.9293<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n

BAM.PF.F<\/td>\nFixedReset Disc<\/td>\nQuote: 22.10 – 23.15
\nSpot Rate : 1.0500
\nAverage : 0.6890<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 21.84
\nEvaluated at bid price : 22.10
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n

TRP.PR.B<\/td>\nFixedReset Disc<\/td>\nQuote: 13.20 – 15.00
\nSpot Rate : 1.8000
\nAverage : 1.4634<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 13.20
\nEvaluated at bid price : 13.20
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n

RY.PR.J<\/td>\nFixedReset Disc<\/td>\nQuote: 23.64 – 24.64
\nSpot Rate : 1.0000
\nAverage : 0.6871<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 22.74
\nEvaluated at bid price : 23.64
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n

TRP.PR.E<\/td>\nFixedReset Disc<\/td>\nQuote: 20.16 – 21.59
\nSpot Rate : 1.4300
\nAverage : 1.1372<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 20.16
\nEvaluated at bid price : 20.16
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n

TRP.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 14.85 – 15.60
\nSpot Rate : 0.7500
\nAverage : 0.5016<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-13
\nMaturity Price : 14.85
\nEvaluated at bid price : 14.85
\nBid-YTW : 4.54 %<\/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 3.08 % 3.58 …<\/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-42814","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42814","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=42814"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42814\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}