{"id":42831,"date":"2021-12-21T20:34:15","date_gmt":"2021-12-22T01:34:15","guid":{"rendered":"http:\/\/prefblog.com\/?p=42831"},"modified":"2021-12-21T20:34:15","modified_gmt":"2021-12-22T01:34:15","slug":"december-21-2021-2","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42831","title":{"rendered":"December 21, 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>\n3.14 %<\/td>\n3.68 %<\/td>\n39,542<\/td>\n19.84<\/td>\n1<\/td>\n-0.9132 %<\/td>\n2,782.1<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n2.0293 %<\/td>\n5,169.2<\/td>\n<\/tr>\n
Floater<\/td>\n3.08 %<\/td>\n3.07 %<\/td>\n68,962<\/td>\n19.55<\/td>\n3<\/td>\n2.0293 %<\/td>\n2,979.0<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2936 %<\/td>\n3,666.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.68 %<\/td>\n4.34 %<\/td>\n43,393<\/td>\n3.77<\/td>\n6<\/td>\n0.2936 %<\/td>\n4,378.7<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2936 %<\/td>\n3,416.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.18 %<\/td>\n-6.02 %<\/td>\n43,978<\/td>\n0.09<\/td>\n23<\/td>\n-0.0918 %<\/td>\n3,246.5<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.78 %<\/td>\n4.84 %<\/td>\n57,215<\/td>\n15.79<\/td>\n11<\/td>\n0.1446 %<\/td>\n3,847.7<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.11 %<\/td>\n3.93 %<\/td>\n114,770<\/td>\n17.23<\/td>\n42<\/td>\n1.3030 %<\/td>\n2,738.0<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.97 %<\/td>\n4.52 %<\/td>\n88,539<\/td>\n15.70<\/td>\n19<\/td>\n0.1136 %<\/td>\n3,649.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.65 %<\/td>\n3.02 %<\/td>\n30,313<\/td>\n19.69<\/td>\n2<\/td>\n-1.0720 %<\/td>\n2,621.7<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.74 %<\/td>\n3.49 %<\/td>\n118,735<\/td>\n2.27<\/td>\n28<\/td>\n0.3139 %<\/td>\n2,712.5<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.3030 %<\/td>\n2,798.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.14 %<\/td>\n3.76 %<\/td>\n85,744<\/td>\n17.67<\/td>\n18<\/td>\n0.5280 %<\/td>\n2,919.5<\/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\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
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n-4.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 22.45
\nEvaluated at bid price : 23.00
\nBid-YTW : 3.75 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n-2.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 22.61
\nEvaluated at bid price : 23.21
\nBid-YTW : 3.80 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n-2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 16.00
\nEvaluated at bid price : 16.00
\nBid-YTW : 2.27 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 3.94 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nPerpetual-Premium<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.91
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Prem<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 23.73
\nEvaluated at bid price : 24.86
\nBid-YTW : 3.92 %<\/td>\n<\/tr>\n
BAM.PF.C<\/td>\nPerpetual-Premium<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 24.29
\nEvaluated at bid price : 24.56
\nBid-YTW : 4.94 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 24.69
\nEvaluated at bid price : 25.10
\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 13.93
\nEvaluated at bid price : 13.93
\nBid-YTW : 3.07 %<\/td>\n<\/tr>\n
CM.PR.T<\/td>\nFixedReset Prem<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.27
\nBid-YTW : 3.31 %<\/td>\n<\/tr>\n
CM.PR.Y<\/td>\nFixedReset Prem<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.50
\nBid-YTW : 3.07 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 20.40
\nEvaluated at bid price : 20.40
\nBid-YTW : 4.42 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 22.93
\nEvaluated at bid price : 23.80
\nBid-YTW : 3.57 %<\/td>\n<\/tr>\n
BAM.PF.H<\/td>\nFixedReset Prem<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.50
\nBid-YTW : 3.38 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 21.62
\nEvaluated at bid price : 22.00
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 23.28
\nEvaluated at bid price : 23.60
\nBid-YTW : 3.85 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 17.10
\nEvaluated at bid price : 17.10
\nBid-YTW : 4.35 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 16.30
\nEvaluated at bid price : 16.30
\nBid-YTW : 3.84 %<\/td>\n<\/tr>\n
PVS.PR.J<\/td>\nSplitShare<\/td>\n1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2028-02-29
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.45
\nBid-YTW : 4.12 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n1.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 13.22
\nEvaluated at bid price : 13.22
\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n2.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 16.16
\nEvaluated at bid price : 16.16
\nBid-YTW : 3.61 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n2.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 22.55
\nEvaluated at bid price : 23.23
\nBid-YTW : 3.73 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n3.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 22.41
\nEvaluated at bid price : 22.85
\nBid-YTW : 3.69 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n3.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 21.38
\nEvaluated at bid price : 21.70
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n3.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-05-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.66
\nBid-YTW : 3.71 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n4.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 19.23
\nEvaluated at bid price : 19.23
\nBid-YTW : 4.46 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Prem<\/td>\n5.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 23.63
\nEvaluated at bid price : 25.21
\nBid-YTW : 3.63 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n5.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 13.95
\nEvaluated at bid price : 13.95
\nBid-YTW : 3.07 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n14.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 23.02
\nEvaluated at bid price : 23.40
\nBid-YTW : 4.44 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n14.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 20.57
\nEvaluated at bid price : 20.57
\nBid-YTW : 4.51 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n14.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 20.61
\nEvaluated at bid price : 20.61
\nBid-YTW : 4.42 %<\/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
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n62,100<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-05-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.66
\nBid-YTW : 3.71 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n30,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 13.85
\nEvaluated at bid price : 13.85
\nBid-YTW : 3.09 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Prem<\/td>\n27,038<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 23.67
\nEvaluated at bid price : 25.14
\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n23,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 22.89
\nEvaluated at bid price : 23.86
\nBid-YTW : 3.63 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n13,207<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 24.69
\nEvaluated at bid price : 25.10
\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n
BNS.PR.H<\/td>\nFixedReset Prem<\/td>\n13,100<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.27
\nBid-YTW : 1.29 %<\/td>\n<\/tr>\n
There were 2 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 – 23.45
\nSpot Rate : 11.2800
\nAverage : 10.0328<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 12.17
\nEvaluated at bid price : 12.17
\nBid-YTW : 8.13 %<\/td>\n<\/tr>\n

BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\nQuote: 22.93 – 24.35
\nSpot Rate : 1.4200
\nAverage : 0.8761<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 22.43
\nEvaluated at bid price : 22.93
\nBid-YTW : 4.52 %<\/td>\n<\/tr>\n

TRP.PR.F<\/td>\nFloatingReset<\/td>\nQuote: 16.30 – 18.50
\nSpot Rate : 2.2000
\nAverage : 1.8003<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 16.30
\nEvaluated at bid price : 16.30
\nBid-YTW : 3.02 %<\/td>\n<\/tr>\n

CM.PR.O<\/td>\nFixedReset Disc<\/td>\nQuote: 23.21 – 24.21
\nSpot Rate : 1.0000
\nAverage : 0.6562<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 22.61
\nEvaluated at bid price : 23.21
\nBid-YTW : 3.80 %<\/td>\n<\/tr>\n

TD.PF.A<\/td>\nFixedReset Disc<\/td>\nQuote: 23.00 – 24.00
\nSpot Rate : 1.0000
\nAverage : 0.6709<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 22.45
\nEvaluated at bid price : 23.00
\nBid-YTW : 3.75 %<\/td>\n<\/tr>\n

TRP.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 14.37 – 15.50
\nSpot Rate : 1.1300
\nAverage : 0.9009<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-21
\nMaturity Price : 14.37
\nEvaluated at bid price : 14.37
\nBid-YTW : 4.48 %<\/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 3.14 % 3.68 …<\/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-42831","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42831","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=42831"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42831\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}