{"id":42836,"date":"2021-12-23T20:49:22","date_gmt":"2021-12-24T01:49:22","guid":{"rendered":"http:\/\/prefblog.com\/?p=42836"},"modified":"2021-12-23T20:49:22","modified_gmt":"2021-12-24T01:49:22","slug":"december-23-2021","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42836","title":{"rendered":"December 23, 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>\n3.08 %<\/td>\n3.59 %<\/td>\n39,281<\/td>\n19.95<\/td>\n1<\/td>\n0.9128 %<\/td>\n2,834.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n2.4634 %<\/td>\n5,203.9<\/td>\n<\/tr>\n
Floater<\/td>\n3.06 %<\/td>\n3.07 %<\/td>\n64,365<\/td>\n19.55<\/td>\n3<\/td>\n2.4634 %<\/td>\n2,999.0<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1593 %<\/td>\n3,674.1<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.67 %<\/td>\n4.13 %<\/td>\n41,222<\/td>\n3.58<\/td>\n6<\/td>\n0.1593 %<\/td>\n4,387.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1593 %<\/td>\n3,423.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.17 %<\/td>\n-10.58 %<\/td>\n43,899<\/td>\n0.09<\/td>\n23<\/td>\n-0.0950 %<\/td>\n3,252.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.76 %<\/td>\n4.80 %<\/td>\n54,587<\/td>\n15.85<\/td>\n11<\/td>\n0.1441 %<\/td>\n3,859.7<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.03 %<\/td>\n3.89 %<\/td>\n109,555<\/td>\n17.24<\/td>\n42<\/td>\n0.8133 %<\/td>\n2,796.9<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.96 %<\/td>\n4.48 %<\/td>\n84,457<\/td>\n4.20<\/td>\n19<\/td>\n0.2058 %<\/td>\n3,660.6<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.62 %<\/td>\n2.94 %<\/td>\n29,782<\/td>\n19.87<\/td>\n2<\/td>\n1.3932 %<\/td>\n2,658.2<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.72 %<\/td>\n3.21 %<\/td>\n116,990<\/td>\n2.27<\/td>\n28<\/td>\n0.5803 %<\/td>\n2,724.7<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.8133 %<\/td>\n2,859.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.13 %<\/td>\n3.64 %<\/td>\n80,585<\/td>\n17.65<\/td>\n18<\/td>\n0.2721 %<\/td>\n2,929.6<\/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\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.T<\/td>\nFixedReset Disc<\/td>\n-3.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 18.90
\nEvaluated at bid price : 18.90
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.40
\nBid-YTW : 4.93 %<\/td>\n<\/tr>\n
BAM.PF.D<\/td>\nPerpetual-Premium<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-22
\nMaturity Price : 25.25
\nEvaluated at bid price : 25.35
\nBid-YTW : -1.26 %<\/td>\n<\/tr>\n
RS.PR.A<\/td>\nSplitShare<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 10.00
\nEvaluated at bid price : 10.56
\nBid-YTW : 4.08 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 23.01
\nEvaluated at bid price : 23.96
\nBid-YTW : 3.54 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 22.50
\nEvaluated at bid price : 22.99
\nBid-YTW : 3.66 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 24.71
\nEvaluated at bid price : 24.95
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-22
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.11
\nBid-YTW : -1.79 %<\/td>\n<\/tr>\n
CM.PR.Y<\/td>\nFixedReset Prem<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.55
\nBid-YTW : 3.00 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 20.74
\nEvaluated at bid price : 20.74
\nBid-YTW : 4.35 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 13.44
\nEvaluated at bid price : 13.44
\nBid-YTW : 4.32 %<\/td>\n<\/tr>\n
CM.PR.T<\/td>\nFixedReset Prem<\/td>\n1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.38
\nBid-YTW : 3.12 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 22.92
\nEvaluated at bid price : 24.13
\nBid-YTW : 3.71 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Prem<\/td>\n1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 23.90
\nEvaluated at bid price : 25.05
\nBid-YTW : 3.64 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n1.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 20.99
\nEvaluated at bid price : 20.99
\nBid-YTW : 4.34 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 23.02
\nEvaluated at bid price : 23.96
\nBid-YTW : 3.65 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n1.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 20.70
\nEvaluated at bid price : 20.70
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n1.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 22.31
\nEvaluated at bid price : 22.75
\nBid-YTW : 4.42 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n2.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 22.79
\nEvaluated at bid price : 23.75
\nBid-YTW : 4.79 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n2.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 14.16
\nEvaluated at bid price : 14.16
\nBid-YTW : 3.02 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n2.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 16.70
\nEvaluated at bid price : 16.70
\nBid-YTW : 2.94 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n2.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 23.06
\nEvaluated at bid price : 24.40
\nBid-YTW : 3.75 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n2.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 23.28
\nEvaluated at bid price : 24.45
\nBid-YTW : 3.65 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n4.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 20.94
\nEvaluated at bid price : 20.94
\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n4.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 13.90
\nEvaluated at bid price : 13.90
\nBid-YTW : 3.08 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n5.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 15.15
\nEvaluated at bid price : 15.15
\nBid-YTW : 4.26 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Prem<\/td>\n6.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 23.75
\nEvaluated at bid price : 25.55
\nBid-YTW : 3.57 %<\/td>\n<\/tr>\n<\/table>\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
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n28,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 24.65
\nEvaluated at bid price : 25.05
\nBid-YTW : 4.76 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n24,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 24.69
\nEvaluated at bid price : 25.10
\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n24,525<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 24.41
\nEvaluated at bid price : 24.80
\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n16,145<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 23.14
\nEvaluated at bid price : 24.15
\nBid-YTW : 3.49 %<\/td>\n<\/tr>\n
POW.PR.C<\/td>\nPerpetual-Premium<\/td>\n14,025<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-22
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.50
\nBid-YTW : -21.51 %<\/td>\n<\/tr>\n
There were 0 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.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 21.00 – 24.00
\nSpot Rate : 3.0000
\nAverage : 1.9000<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n

BAM.PF.B<\/td>\nFixedReset Disc<\/td>\nQuote: 21.80 – 23.70
\nSpot Rate : 1.9000
\nAverage : 1.3331<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.80
\nBid-YTW : 4.44 %<\/td>\n<\/tr>\n

MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.77 – 24.50
\nSpot Rate : 0.7300
\nAverage : 0.5092<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 23.39
\nEvaluated at bid price : 23.77
\nBid-YTW : 3.64 %<\/td>\n<\/tr>\n

BAM.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 18.90 – 19.94
\nSpot Rate : 1.0400
\nAverage : 0.8254<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 18.90
\nEvaluated at bid price : 18.90
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n

SLF.PR.J<\/td>\nFloatingReset<\/td>\nQuote: 16.05 – 16.80
\nSpot Rate : 0.7500
\nAverage : 0.5712<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2051-12-23
\nMaturity Price : 16.05
\nEvaluated at bid price : 16.05
\nBid-YTW : 2.27 %<\/td>\n<\/tr>\n

IFC.PR.F<\/td>\nInsurance Straight<\/td>\nQuote: 25.40 – 26.00
\nSpot Rate : 0.6000
\nAverage : 0.4459<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.40
\nBid-YTW : 4.93 %<\/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 3.08 % 3.59 …<\/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-42836","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42836","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=42836"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42836\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}