{"id":42828,"date":"2021-12-20T20:44:17","date_gmt":"2021-12-21T01:44:17","guid":{"rendered":"http:\/\/prefblog.com\/?p=42828"},"modified":"2021-12-20T20:44:17","modified_gmt":"2021-12-21T01:44:17","slug":"december-20-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42828","title":{"rendered":"December 20, 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>\n3.11 %<\/td>\n3.63 %<\/td>\n39,352<\/td>\n19.90<\/td>\n1<\/td>\n-0.6552 %<\/td>\n2,807.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-2.2934 %<\/td>\n5,066.4<\/td>\n<\/tr>\n
Floater<\/td>\n3.14 %<\/td>\n3.10 %<\/td>\n71,765<\/td>\n19.47<\/td>\n3<\/td>\n-2.2934 %<\/td>\n2,919.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1208 %<\/td>\n3,655.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.70 %<\/td>\n4.33 %<\/td>\n43,997<\/td>\n3.59<\/td>\n6<\/td>\n0.1208 %<\/td>\n4,365.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1208 %<\/td>\n3,406.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.17 %<\/td>\n-6.19 %<\/td>\n44,117<\/td>\n0.09<\/td>\n23<\/td>\n0.1208 %<\/td>\n3,249.5<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.78 %<\/td>\n4.82 %<\/td>\n57,275<\/td>\n15.80<\/td>\n11<\/td>\n0.1188 %<\/td>\n3,842.2<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.17 %<\/td>\n3.93 %<\/td>\n116,785<\/td>\n17.36<\/td>\n42<\/td>\n-1.1078 %<\/td>\n2,702.8<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.98 %<\/td>\n4.56 %<\/td>\n92,201<\/td>\n15.71<\/td>\n19<\/td>\n0.1011 %<\/td>\n3,645.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.63 %<\/td>\n2.22 %<\/td>\n34,046<\/td>\n21.83<\/td>\n2<\/td>\n-1.5083 %<\/td>\n2,650.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.76 %<\/td>\n3.73 %<\/td>\n120,051<\/td>\n2.27<\/td>\n28<\/td>\n0.0183 %<\/td>\n2,704.0<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.1078 %<\/td>\n2,762.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.17 %<\/td>\n3.79 %<\/td>\n85,734<\/td>\n17.59<\/td>\n18<\/td>\n-0.0483 %<\/td>\n2,904.2<\/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.D<\/td>\nFixedReset Disc<\/td>\n-12.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 5.07 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n-12.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n-10.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Prem<\/td>\n-5.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 23.13
\nEvaluated at bid price : 24.00
\nBid-YTW : 3.88 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n-5.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 13.26
\nEvaluated at bid price : 13.26
\nBid-YTW : 3.23 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n-4.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 14.37
\nEvaluated at bid price : 14.37
\nBid-YTW : 4.48 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n-3.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n-3.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 21.55
\nEvaluated at bid price : 21.55
\nBid-YTW : 3.79 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n-2.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 16.30
\nEvaluated at bid price : 16.30
\nBid-YTW : 3.01 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n-2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 20.16
\nEvaluated at bid price : 20.16
\nBid-YTW : 4.47 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset Disc<\/td>\n-1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 21.18
\nEvaluated at bid price : 21.18
\nBid-YTW : 4.04 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n-1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 21.92
\nEvaluated at bid price : 22.17
\nBid-YTW : 3.82 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n-1.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 13.01
\nEvaluated at bid price : 13.01
\nBid-YTW : 4.46 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 21.49
\nEvaluated at bid price : 21.86
\nBid-YTW : 4.42 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 22.16
\nEvaluated at bid price : 22.61
\nBid-YTW : 3.86 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 18.39
\nEvaluated at bid price : 18.39
\nBid-YTW : 4.66 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 21.87
\nEvaluated at bid price : 22.15
\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 22.93
\nEvaluated at bid price : 23.25
\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 20.15
\nEvaluated at bid price : 20.15
\nBid-YTW : 4.13 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 22.77
\nEvaluated at bid price : 23.51
\nBid-YTW : 3.63 %<\/td>\n<\/tr>\n
CU.PR.I<\/td>\nFixedReset Prem<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.02
\nBid-YTW : 3.47 %<\/td>\n<\/tr>\n
RS.PR.A<\/td>\nSplitShare<\/td>\n1.06 %<\/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 : 4.21 %<\/td>\n<\/tr>\n
BAM.PF.C<\/td>\nPerpetual-Premium<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 24.59
\nEvaluated at bid price : 24.82
\nBid-YTW : 4.89 %<\/td>\n<\/tr>\n
CM.PR.Y<\/td>\nFixedReset Prem<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.20
\nBid-YTW : 3.54 %<\/td>\n<\/tr>\n
TD.PF.M<\/td>\nFixedReset Prem<\/td>\n1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.35
\nBid-YTW : 3.23 %<\/td>\n<\/tr>\n
TD.PF.L<\/td>\nFixedReset Prem<\/td>\n2.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.20
\nBid-YTW : 3.40 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n2.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.70
\nBid-YTW : 3.72 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n2.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 17.97
\nEvaluated at bid price : 17.97
\nBid-YTW : 3.54 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n3.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 22.78
\nEvaluated at bid price : 23.60
\nBid-YTW : 3.74 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n3.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 22.38
\nEvaluated at bid price : 23.00
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n4.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 22.98
\nEvaluated at bid price : 23.96
\nBid-YTW : 3.56 %<\/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
TD.PF.K<\/td>\nFixedReset Prem<\/td>\n26,591<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 23.66
\nEvaluated at bid price : 25.11
\nBid-YTW : 3.78 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Prem<\/td>\n19,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 23.84
\nEvaluated at bid price : 25.15
\nBid-YTW : 3.86 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Prem<\/td>\n17,312<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.25
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n15,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 23.05
\nEvaluated at bid price : 23.96
\nBid-YTW : 3.52 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n13,006<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 22.84
\nEvaluated at bid price : 23.83
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n
TRP.PR.K<\/td>\nFixedReset Prem<\/td>\n12,800<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.35
\nBid-YTW : 2.44 %<\/td>\n<\/tr>\n
There were 3 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 : 8.6653<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 12.17
\nEvaluated at bid price : 12.17
\nBid-YTW : 8.13 %<\/td>\n<\/tr>\n

BAM.PF.A<\/td>\nFixedReset Disc<\/td>\nQuote: 20.50 – 23.50
\nSpot Rate : 3.0000
\nAverage : 1.6739<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n

TRP.PR.D<\/td>\nFixedReset Disc<\/td>\nQuote: 18.00 – 20.99
\nSpot Rate : 2.9900
\nAverage : 1.7704<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 5.07 %<\/td>\n<\/tr>\n

TRP.PR.F<\/td>\nFloatingReset<\/td>\nQuote: 16.30 – 18.50
\nSpot Rate : 2.2000
\nAverage : 1.3621<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 16.30
\nEvaluated at bid price : 16.30
\nBid-YTW : 3.01 %<\/td>\n<\/tr>\n

BAM.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 18.00 – 21.05
\nSpot Rate : 3.0500
\nAverage : 2.2146<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n

BNS.PR.I<\/td>\nFixedReset Prem<\/td>\nQuote: 24.00 – 25.55
\nSpot Rate : 1.5500
\nAverage : 0.9194<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-20
\nMaturity Price : 23.13
\nEvaluated at bid price : 24.00
\nBid-YTW : 3.88 %<\/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 3.11 % 3.63 …<\/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-42828","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42828","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=42828"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42828\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}