{"id":42826,"date":"2021-12-17T22:04:11","date_gmt":"2021-12-18T03:04:11","guid":{"rendered":"http:\/\/prefblog.com\/?p=42826"},"modified":"2021-12-17T22:04:11","modified_gmt":"2021-12-18T03:04:11","slug":"december-17-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42826","title":{"rendered":"December 17, 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>\n3.09 %<\/td>\n3.60 %<\/td>\n40,955<\/td>\n19.94<\/td>\n1<\/td>\n1.2762 %<\/td>\n2,826.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.7996 %<\/td>\n5,185.3<\/td>\n<\/tr>\n
Floater<\/td>\n3.07 %<\/td>\n3.06 %<\/td>\n70,143<\/td>\n19.58<\/td>\n3<\/td>\n1.7996 %<\/td>\n2,988.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1793 %<\/td>\n3,651.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.70 %<\/td>\n4.32 %<\/td>\n44,595<\/td>\n3.59<\/td>\n6<\/td>\n-0.1793 %<\/td>\n4,360.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1793 %<\/td>\n3,402.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.18 %<\/td>\n-4.62 %<\/td>\n44,715<\/td>\n0.08<\/td>\n23<\/td>\n-0.0459 %<\/td>\n3,245.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.79 %<\/td>\n4.83 %<\/td>\n59,374<\/td>\n15.81<\/td>\n11<\/td>\n0.0817 %<\/td>\n3,837.6<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.12 %<\/td>\n4.12 %<\/td>\n120,727<\/td>\n17.17<\/td>\n42<\/td>\n-1.6810 %<\/td>\n2,733.1<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.98 %<\/td>\n4.53 %<\/td>\n95,380<\/td>\n15.72<\/td>\n19<\/td>\n-0.0674 %<\/td>\n3,642.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.53 %<\/td>\n2.86 %<\/td>\n32,004<\/td>\n20.08<\/td>\n2<\/td>\n-0.1807 %<\/td>\n2,690.6<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.76 %<\/td>\n3.79 %<\/td>\n113,577<\/td>\n2.28<\/td>\n28<\/td>\n-0.0788 %<\/td>\n2,703.5<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.6810 %<\/td>\n2,793.7<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.15 %<\/td>\n3.91 %<\/td>\n86,393<\/td>\n17.26<\/td>\n19<\/td>\n-0.3419 %<\/td>\n2,905.6<\/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
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-47.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 12.17
\nEvaluated at bid price : 12.17
\nBid-YTW : 8.35 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n-4.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 21.86
\nEvaluated at bid price : 22.20
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n-3.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 22.45
\nEvaluated at bid price : 23.00
\nBid-YTW : 3.90 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-3.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 17.45
\nEvaluated at bid price : 17.45
\nBid-YTW : 3.82 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n-2.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 4.80 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 15.75
\nEvaluated at bid price : 15.75
\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 22.97
\nEvaluated at bid price : 23.80
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 22.72
\nEvaluated at bid price : 23.70
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 23.18
\nEvaluated at bid price : 23.50
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 17.90
\nEvaluated at bid price : 17.90
\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n-1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.80
\nBid-YTW : 4.58 %<\/td>\n<\/tr>\n
BAM.PF.C<\/td>\nPerpetual-Premium<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 24.27
\nEvaluated at bid price : 24.56
\nBid-YTW : 4.94 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 22.17
\nEvaluated at bid price : 22.50
\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 22.54
\nEvaluated at bid price : 23.05
\nBid-YTW : 4.66 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 18.61
\nEvaluated at bid price : 18.61
\nBid-YTW : 4.77 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.50
\nBid-YTW : 3.94 %<\/td>\n<\/tr>\n
BAM.PR.E<\/td>\nRatchet<\/td>\n1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.84
\nBid-YTW : 3.60 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n1.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 17.05
\nEvaluated at bid price : 17.05
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n1.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 22.22
\nEvaluated at bid price : 22.62
\nBid-YTW : 4.59 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n2.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 13.89
\nEvaluated at bid price : 13.89
\nBid-YTW : 3.08 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n2.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 13.97
\nEvaluated at bid price : 13.97
\nBid-YTW : 3.06 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n3.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 16.91
\nEvaluated at bid price : 16.91
\nBid-YTW : 4.63 %<\/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>\n35,852<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-02-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.19
\nBid-YTW : 2.40 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n35,037<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 22.45
\nEvaluated at bid price : 23.00
\nBid-YTW : 3.90 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n31,193<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 24.59
\nEvaluated at bid price : 24.98
\nBid-YTW : 4.76 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n26,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 22.93
\nEvaluated at bid price : 23.79
\nBid-YTW : 3.83 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n19,175<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 24.59
\nEvaluated at bid price : 25.00
\nBid-YTW : 4.55 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n18,755<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 24.41
\nEvaluated at bid price : 24.80
\nBid-YTW : 4.53 %<\/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
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\nQuote: 12.17 – 23.25
\nSpot Rate : 11.0800
\nAverage : 6.0177<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 12.17
\nEvaluated at bid price : 12.17
\nBid-YTW : 8.35 %<\/td>\n<\/tr>\n

TRP.PR.B<\/td>\nFixedReset Disc<\/td>\nQuote: 13.20 – 15.00
\nSpot Rate : 1.8000
\nAverage : 1.4084<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 13.20
\nEvaluated at bid price : 13.20
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n

BIP.PR.A<\/td>\nFixedReset Disc<\/td>\nQuote: 22.20 – 23.40
\nSpot Rate : 1.2000
\nAverage : 0.8484<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 21.86
\nEvaluated at bid price : 22.20
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n

TD.PF.A<\/td>\nFixedReset Disc<\/td>\nQuote: 23.00 – 23.95
\nSpot Rate : 0.9500
\nAverage : 0.6061<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 22.45
\nEvaluated at bid price : 23.00
\nBid-YTW : 3.90 %<\/td>\n<\/tr>\n

RY.PR.M<\/td>\nFixedReset Disc<\/td>\nQuote: 23.70 – 24.75
\nSpot Rate : 1.0500
\nAverage : 0.7258<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-17
\nMaturity Price : 22.72
\nEvaluated at bid price : 23.70
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n

POW.PR.B<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.48 – 26.20
\nSpot Rate : 0.7200
\nAverage : 0.4138<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-16
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.48
\nBid-YTW : -6.69 %<\/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 3.09 % 3.60 …<\/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-42826","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42826","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=42826"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42826\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}