{"id":42824,"date":"2021-12-17T22:03:28","date_gmt":"2021-12-18T03:03:28","guid":{"rendered":"http:\/\/prefblog.com\/?p=42824"},"modified":"2021-12-17T22:03:28","modified_gmt":"2021-12-18T03:03:28","slug":"december-16-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42824","title":{"rendered":"December 16, 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>\n42,614<\/td>\n19.87<\/td>\n1<\/td>\n0.4615 %<\/td>\n2,790.7<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.8326 %<\/td>\n5,093.7<\/td>\n<\/tr>\n
Floater<\/td>\n3.13 %<\/td>\n3.15 %<\/td>\n70,813<\/td>\n19.36<\/td>\n3<\/td>\n1.8326 %<\/td>\n2,935.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2353 %<\/td>\n3,658.0<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.69 %<\/td>\n4.30 %<\/td>\n43,324<\/td>\n3.60<\/td>\n6<\/td>\n0.2353 %<\/td>\n4,368.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2353 %<\/td>\n3,408.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.17 %<\/td>\n-5.91 %<\/td>\n44,980<\/td>\n0.09<\/td>\n23<\/td>\n0.0510 %<\/td>\n3,247.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.79 %<\/td>\n4.84 %<\/td>\n60,078<\/td>\n15.81<\/td>\n11<\/td>\n-0.0594 %<\/td>\n3,834.5<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.05 %<\/td>\n4.08 %<\/td>\n116,227<\/td>\n17.31<\/td>\n42<\/td>\n-0.4918 %<\/td>\n2,779.8<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.98 %<\/td>\n4.51 %<\/td>\n95,738<\/td>\n4.23<\/td>\n19<\/td>\n0.0990 %<\/td>\n3,644.6<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.52 %<\/td>\n2.85 %<\/td>\n32,443<\/td>\n20.11<\/td>\n2<\/td>\n-0.1503 %<\/td>\n2,695.5<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.75 %<\/td>\n3.83 %<\/td>\n113,150<\/td>\n2.28<\/td>\n28<\/td>\n-0.0084 %<\/td>\n2,705.6<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.4918 %<\/td>\n2,841.5<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.13 %<\/td>\n3.92 %<\/td>\n84,866<\/td>\n17.27<\/td>\n19<\/td>\n-0.0482 %<\/td>\n2,915.5<\/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
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-4.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 18.80
\nEvaluated at bid price : 18.80
\nBid-YTW : 4.72 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n-4.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 16.32
\nEvaluated at bid price : 16.32
\nBid-YTW : 4.80 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n-2.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 22.84
\nEvaluated at bid price : 23.83
\nBid-YTW : 4.07 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n-2.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 21.92
\nEvaluated at bid price : 22.20
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n-2.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 22.93
\nEvaluated at bid price : 24.15
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n-1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 23.13
\nEvaluated at bid price : 23.50
\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n
ELF.PR.G<\/td>\nPerpetual-Discount<\/td>\n-1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 23.91
\nEvaluated at bid price : 24.15
\nBid-YTW : 4.98 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 22.08
\nEvaluated at bid price : 22.45
\nBid-YTW : 4.27 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 22.89
\nEvaluated at bid price : 24.00
\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 16.15
\nEvaluated at bid price : 16.15
\nBid-YTW : 4.08 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 20.55
\nEvaluated at bid price : 20.55
\nBid-YTW : 4.22 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 22.77
\nEvaluated at bid price : 23.30
\nBid-YTW : 4.60 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 15.01
\nEvaluated at bid price : 15.01
\nBid-YTW : 4.50 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 21.79
\nEvaluated at bid price : 22.10
\nBid-YTW : 4.52 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 20.51
\nEvaluated at bid price : 20.51
\nBid-YTW : 4.56 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n2.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 20.52
\nEvaluated at bid price : 20.52
\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n4.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 21.98
\nEvaluated at bid price : 22.22
\nBid-YTW : 4.52 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n5.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 14.00
\nEvaluated at bid price : 14.00
\nBid-YTW : 3.05 %<\/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
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n113,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 22.90
\nEvaluated at bid price : 24.02
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n69,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 22.77
\nEvaluated at bid price : 23.30
\nBid-YTW : 4.60 %<\/td>\n<\/tr>\n
BMO.PR.F<\/td>\nFixedReset Prem<\/td>\n57,645<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-05-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.75
\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n
TD.PF.M<\/td>\nFixedReset Prem<\/td>\n56,055<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.96
\nBid-YTW : 3.83 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Prem<\/td>\n53,900<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.32
\nBid-YTW : 3.30 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Prem<\/td>\n44,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 23.64
\nEvaluated at bid price : 25.25
\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n
There were 11 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
TD.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 24.15 – 25.20
\nSpot Rate : 1.0500
\nAverage : 0.6740<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 22.93
\nEvaluated at bid price : 24.15
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n

BAM.PR.R<\/td>\nFixedReset Disc<\/td>\nQuote: 18.80 – 20.25
\nSpot Rate : 1.4500
\nAverage : 1.2211<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 18.80
\nEvaluated at bid price : 18.80
\nBid-YTW : 4.72 %<\/td>\n<\/tr>\n

RY.PR.J<\/td>\nFixedReset Disc<\/td>\nQuote: 23.83 – 24.83
\nSpot Rate : 1.0000
\nAverage : 0.7914<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 22.84
\nEvaluated at bid price : 23.83
\nBid-YTW : 4.07 %<\/td>\n<\/tr>\n

BAM.PF.F<\/td>\nFixedReset Disc<\/td>\nQuote: 22.20 – 22.97
\nSpot Rate : 0.7700
\nAverage : 0.5674<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 21.92
\nEvaluated at bid price : 22.20
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n

TD.PF.B<\/td>\nFixedReset Disc<\/td>\nQuote: 23.91 – 24.84
\nSpot Rate : 0.9300
\nAverage : 0.7497<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 22.99
\nEvaluated at bid price : 23.91
\nBid-YTW : 3.75 %<\/td>\n<\/tr>\n

BAM.PR.C<\/td>\nFloater<\/td>\nQuote: 13.54 – 14.09
\nSpot Rate : 0.5500
\nAverage : 0.3729<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-16
\nMaturity Price : 13.54
\nEvaluated at bid price : 13.54
\nBid-YTW : 3.16 %<\/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-42824","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42824","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=42824"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42824\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}