{"id":42902,"date":"2022-01-18T22:58:28","date_gmt":"2022-01-19T03:58:28","guid":{"rendered":"http:\/\/prefblog.com\/?p=42902"},"modified":"2022-01-18T22:58:28","modified_gmt":"2022-01-19T03:58:28","slug":"january-18-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42902","title":{"rendered":"January 18, 2022"},"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>\n3.03 %<\/td>\n3.50 %<\/td>\n40,891<\/td>\n20.06<\/td>\n1<\/td>\n-0.2956 %<\/td>\n2,883.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.8613 %<\/td>\n5,367.4<\/td>\n<\/tr>\n
Floater<\/td>\n2.97 %<\/td>\n2.97 %<\/td>\n49,880<\/td>\n19.80<\/td>\n3<\/td>\n0.8613 %<\/td>\n3,093.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0326 %<\/td>\n3,653.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.70 %<\/td>\n4.40 %<\/td>\n30,559<\/td>\n3.56<\/td>\n6<\/td>\n-0.0326 %<\/td>\n4,363.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0326 %<\/td>\n3,404.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.15 %<\/td>\n-8.83 %<\/td>\n51,043<\/td>\n0.09<\/td>\n24<\/td>\n-0.1303 %<\/td>\n3,257.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.69 %<\/td>\n4.78 %<\/td>\n51,618<\/td>\n15.83<\/td>\n7<\/td>\n-0.1332 %<\/td>\n3,878.3<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n3.95 %<\/td>\n4.03 %<\/td>\n114,282<\/td>\n16.77<\/td>\n46<\/td>\n1.1689 %<\/td>\n2,875.9<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.87 %<\/td>\n4.38 %<\/td>\n81,146<\/td>\n0.44<\/td>\n17<\/td>\n-0.0117 %<\/td>\n3,672.6<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.67 %<\/td>\n2.99 %<\/td>\n39,191<\/td>\n19.75<\/td>\n2<\/td>\n0.7826 %<\/td>\n2,926.8<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.73 %<\/td>\n2.98 %<\/td>\n106,107<\/td>\n1.75<\/td>\n25<\/td>\n0.0483 %<\/td>\n2,731.6<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.1689 %<\/td>\n2,939.7<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.06 %<\/td>\n3.81 %<\/td>\n68,666<\/td>\n16.92<\/td>\n17<\/td>\n0.2655 %<\/td>\n2,993.5<\/td>\n<\/tr>\n<\/table>\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.E<\/td>\nFixedReset Disc<\/td>\n-2.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-18
\nMaturity Price : 22.91
\nEvaluated at bid price : 24.07
\nBid-YTW : 4.29 %<\/td>\n<\/tr>\n
RY.PR.P<\/td>\nPerpetual-Premium<\/td>\n-1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-02-24
\nMaturity Price : 25.75
\nEvaluated at bid price : 26.06
\nBid-YTW : 0.78 %<\/td>\n<\/tr>\n
RS.PR.A<\/td>\nSplitShare<\/td>\n-1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 10.00
\nEvaluated at bid price : 10.45
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-18
\nMaturity Price : 22.40
\nEvaluated at bid price : 23.25
\nBid-YTW : 4.24 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n-1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-06-30
\nMaturity Price : 25.25
\nEvaluated at bid price : 25.50
\nBid-YTW : 3.56 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-06-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.75
\nBid-YTW : 4.37 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-18
\nMaturity Price : 18.72
\nEvaluated at bid price : 18.72
\nBid-YTW : 3.82 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-18
\nMaturity Price : 18.30
\nEvaluated at bid price : 18.30
\nBid-YTW : 2.99 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-18
\nMaturity Price : 14.35
\nEvaluated at bid price : 14.35
\nBid-YTW : 3.00 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n6.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-18
\nMaturity Price : 21.61
\nEvaluated at bid price : 21.61
\nBid-YTW : 4.52 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n85.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-11-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.30
\nBid-YTW : 3.93 %<\/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.P<\/td>\nPerpetual-Premium<\/td>\n30,010<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-02-24
\nMaturity Price : 25.75
\nEvaluated at bid price : 26.06
\nBid-YTW : 0.78 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n25,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-18
\nMaturity Price : 22.40
\nEvaluated at bid price : 23.25
\nBid-YTW : 4.24 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n19,939<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-18
\nMaturity Price : 23.22
\nEvaluated at bid price : 24.41
\nBid-YTW : 3.83 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n19,174<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-18
\nMaturity Price : 23.35
\nEvaluated at bid price : 24.59
\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n15,080<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-02-17
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.17
\nBid-YTW : -0.59 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Premium<\/td>\n14,704<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2031-03-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.31
\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n
There were 5 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: 12.50 – 24.55
\nSpot Rate : 12.0500
\nAverage : 9.4920<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-18
\nMaturity Price : 12.50
\nEvaluated at bid price : 12.50
\nBid-YTW : 8.51 %<\/td>\n<\/tr>\n

TD.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 24.07 – 24.95
\nSpot Rate : 0.8800
\nAverage : 0.5845<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-18
\nMaturity Price : 22.91
\nEvaluated at bid price : 24.07
\nBid-YTW : 4.29 %<\/td>\n<\/tr>\n

SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\nQuote: 22.30 – 23.50
\nSpot Rate : 1.2000
\nAverage : 1.0570<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-18
\nMaturity Price : 21.86
\nEvaluated at bid price : 22.30
\nBid-YTW : 3.98 %<\/td>\n<\/tr>\n

CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.49 – 25.00
\nSpot Rate : 0.5100
\nAverage : 0.4215<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-18
\nMaturity Price : 24.19
\nEvaluated at bid price : 24.49
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n

CU.PR.J<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.31 – 25.75
\nSpot Rate : 0.4400
\nAverage : 0.3561<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2031-03-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.31
\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n

MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.70 – 24.40
\nSpot Rate : 0.7000
\nAverage : 0.6180<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-18
\nMaturity Price : 22.84
\nEvaluated at bid price : 23.70
\nBid-YTW : 4.09 %<\/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 3.03 % 3.50 …<\/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-42902","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42902","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=42902"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42902\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}