{"id":42816,"date":"2021-12-14T22:00:13","date_gmt":"2021-12-15T03:00:13","guid":{"rendered":"http:\/\/prefblog.com\/?p=42816"},"modified":"2021-12-14T22:00:13","modified_gmt":"2021-12-15T03:00:13","slug":"december-14-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42816","title":{"rendered":"December 14, 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>\n3.19 %<\/td>\n3.77 %<\/td>\n44,756<\/td>\n19.76<\/td>\n1<\/td>\n-3.5176 %<\/td>\n2,735.1<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.6337 %<\/td>\n5,050.3<\/td>\n<\/tr>\n
Floater<\/td>\n3.15 %<\/td>\n3.14 %<\/td>\n72,468<\/td>\n19.38<\/td>\n3<\/td>\n-0.6337 %<\/td>\n2,910.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1369 %<\/td>\n3,654.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.70 %<\/td>\n4.40 %<\/td>\n48,370<\/td>\n3.60<\/td>\n6<\/td>\n-0.1369 %<\/td>\n4,363.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1369 %<\/td>\n3,404.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.18 %<\/td>\n-5.30 %<\/td>\n44,789<\/td>\n0.08<\/td>\n23<\/td>\n-0.0749 %<\/td>\n3,241.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.80 %<\/td>\n4.84 %<\/td>\n62,537<\/td>\n15.77<\/td>\n11<\/td>\n-0.5405 %<\/td>\n3,826.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.03 %<\/td>\n4.08 %<\/td>\n111,305<\/td>\n17.31<\/td>\n42<\/td>\n-0.2193 %<\/td>\n2,796.4<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.98 %<\/td>\n4.52 %<\/td>\n100,295<\/td>\n15.72<\/td>\n19<\/td>\n-0.1766 %<\/td>\n3,641.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.52 %<\/td>\n2.82 %<\/td>\n29,191<\/td>\n20.19<\/td>\n2<\/td>\n0.7564 %<\/td>\n2,702.8<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.75 %<\/td>\n3.76 %<\/td>\n118,029<\/td>\n2.29<\/td>\n28<\/td>\n-0.2426 %<\/td>\n2,707.9<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2193 %<\/td>\n2,858.4<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.14 %<\/td>\n3.86 %<\/td>\n86,860<\/td>\n17.27<\/td>\n19<\/td>\n-0.2153 %<\/td>\n2,914.4<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n-4.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 18.38
\nEvaluated at bid price : 18.38
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n-3.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.79
\nBid-YTW : 4.58 %<\/td>\n<\/tr>\n
BAM.PR.E<\/td>\nRatchet<\/td>\n-3.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.20
\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n-2.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 23.01
\nEvaluated at bid price : 23.28
\nBid-YTW : 4.86 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 22.35
\nEvaluated at bid price : 22.90
\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Prem<\/td>\n-1.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 23.72
\nEvaluated at bid price : 24.85
\nBid-YTW : 4.07 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 16.00
\nEvaluated at bid price : 16.00
\nBid-YTW : 3.84 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n-1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 22.81
\nEvaluated at bid price : 23.70
\nBid-YTW : 3.79 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 22.19
\nEvaluated at bid price : 22.50
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 18.05
\nEvaluated at bid price : 18.05
\nBid-YTW : 3.69 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 18.09
\nEvaluated at bid price : 18.09
\nBid-YTW : 4.56 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 23.71
\nEvaluated at bid price : 24.06
\nBid-YTW : 4.46 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 20.55
\nEvaluated at bid price : 20.55
\nBid-YTW : 4.22 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Prem<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 23.65
\nEvaluated at bid price : 25.27
\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 13.62
\nEvaluated at bid price : 13.62
\nBid-YTW : 3.14 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset Disc<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 21.38
\nEvaluated at bid price : 21.70
\nBid-YTW : 4.08 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 23.02
\nEvaluated at bid price : 24.08
\nBid-YTW : 3.68 %<\/td>\n<\/tr>\n
CM.PR.Y<\/td>\nFixedReset Prem<\/td>\n1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.14
\nBid-YTW : 3.61 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 17.05
\nEvaluated at bid price : 17.05
\nBid-YTW : 2.82 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n1.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 4.50 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n2.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 20.30
\nEvaluated at bid price : 20.30
\nBid-YTW : 3.78 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n2.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 20.25
\nEvaluated at bid price : 20.25
\nBid-YTW : 4.51 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n2.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 21.18
\nEvaluated at bid price : 21.18
\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n2.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 23.00
\nEvaluated at bid price : 24.10
\nBid-YTW : 3.72 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n4.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 22.32
\nEvaluated at bid price : 22.77
\nBid-YTW : 4.56 %<\/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.B<\/td>\nFixedReset Prem<\/td>\n51,465<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-02-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.21
\nBid-YTW : 1.90 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n51,250<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 22.82
\nEvaluated at bid price : 23.80
\nBid-YTW : 4.08 %<\/td>\n<\/tr>\n
BNS.PR.H<\/td>\nFixedReset Prem<\/td>\n42,835<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.26
\nBid-YTW : 1.42 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Prem<\/td>\n37,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 23.64
\nEvaluated at bid price : 25.10
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n34,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 24.53
\nEvaluated at bid price : 24.92
\nBid-YTW : 4.77 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Prem<\/td>\n23,469<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 23.62
\nEvaluated at bid price : 25.00
\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n
There were 5 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.R<\/td>\nFixedReset Disc<\/td>\nQuote: 18.38 – 20.25
\nSpot Rate : 1.8700
\nAverage : 1.3759<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 18.38
\nEvaluated at bid price : 18.38
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n

TRP.PR.F<\/td>\nFloatingReset<\/td>\nQuote: 17.05 – 18.50
\nSpot Rate : 1.4500
\nAverage : 1.0504<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 17.05
\nEvaluated at bid price : 17.05
\nBid-YTW : 2.82 %<\/td>\n<\/tr>\n

BAM.PF.B<\/td>\nFixedReset Disc<\/td>\nQuote: 22.50 – 23.50
\nSpot Rate : 1.0000
\nAverage : 0.6971<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 22.19
\nEvaluated at bid price : 22.50
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n

BAM.PR.E<\/td>\nRatchet<\/td>\nQuote: 19.20 – 20.20
\nSpot Rate : 1.0000
\nAverage : 0.6994<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.20
\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n

CU.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.28 – 24.00
\nSpot Rate : 0.7200
\nAverage : 0.4542<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-14
\nMaturity Price : 23.01
\nEvaluated at bid price : 23.28
\nBid-YTW : 4.86 %<\/td>\n<\/tr>\n

PWF.PR.L<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.37 – 26.17
\nSpot Rate : 0.8000
\nAverage : 0.5449<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-13
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.37
\nBid-YTW : -5.30 %<\/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 3.19 % 3.77 …<\/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-42816","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42816","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=42816"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42816\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}