{"id":42921,"date":"2022-01-21T22:34:15","date_gmt":"2022-01-22T03:34:15","guid":{"rendered":"http:\/\/prefblog.com\/?p=42921"},"modified":"2022-01-21T22:34:15","modified_gmt":"2022-01-22T03:34:15","slug":"january-21-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42921","title":{"rendered":"January 21, 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>\n3.02 %<\/td>\n3.49 %<\/td>\n41,375<\/td>\n20.07<\/td>\n1<\/td>\n0.0986 %<\/td>\n2,891.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.9191 %<\/td>\n5,475.2<\/td>\n<\/tr>\n
Floater<\/td>\n2.91 %<\/td>\n2.95 %<\/td>\n55,001<\/td>\n19.85<\/td>\n3<\/td>\n-0.9191 %<\/td>\n3,155.4<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2309 %<\/td>\n3,658.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.69 %<\/td>\n4.41 %<\/td>\n30,035<\/td>\n3.56<\/td>\n6<\/td>\n-0.2309 %<\/td>\n4,369.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2309 %<\/td>\n3,408.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.16 %<\/td>\n-8.36 %<\/td>\n51,954<\/td>\n0.09<\/td>\n24<\/td>\n-0.1794 %<\/td>\n3,252.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.74 %<\/td>\n4.80 %<\/td>\n53,335<\/td>\n15.77<\/td>\n7<\/td>\n-0.7385 %<\/td>\n3,838.9<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n3.92 %<\/td>\n4.08 %<\/td>\n121,267<\/td>\n16.74<\/td>\n46<\/td>\n0.4917 %<\/td>\n2,897.0<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.89 %<\/td>\n4.54 %<\/td>\n81,568<\/td>\n15.77<\/td>\n17<\/td>\n-0.2621 %<\/td>\n3,659.2<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.63 %<\/td>\n2.98 %<\/td>\n41,045<\/td>\n19.78<\/td>\n2<\/td>\n1.2431 %<\/td>\n2,974.7<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.73 %<\/td>\n3.11 %<\/td>\n103,629<\/td>\n1.73<\/td>\n25<\/td>\n-0.2006 %<\/td>\n2,728.9<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4917 %<\/td>\n2,961.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.07 %<\/td>\n3.87 %<\/td>\n68,442<\/td>\n16.91<\/td>\n17<\/td>\n-0.2247 %<\/td>\n2,983.4<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n-5.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 22.50
\nEvaluated at bid price : 23.00
\nBid-YTW : 4.12 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n-3.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 22.91
\nEvaluated at bid price : 24.07
\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n-2.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 14.50
\nEvaluated at bid price : 14.50
\nBid-YTW : 2.97 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n-2.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 23.62
\nEvaluated at bid price : 23.90
\nBid-YTW : 4.76 %<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\n-2.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 23.72
\nEvaluated at bid price : 24.03
\nBid-YTW : 4.97 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-2.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 14.60
\nEvaluated at bid price : 14.60
\nBid-YTW : 2.95 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n-1.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 18.90
\nEvaluated at bid price : 18.90
\nBid-YTW : 4.47 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 18.60
\nEvaluated at bid price : 18.60
\nBid-YTW : 3.76 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-06-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.55
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n-1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 24.30
\nEvaluated at bid price : 24.61
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-11-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.30
\nBid-YTW : 3.94 %<\/td>\n<\/tr>\n
CIU.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 23.93
\nEvaluated at bid price : 24.17
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 19.35
\nEvaluated at bid price : 19.35
\nBid-YTW : 4.54 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Premium<\/td>\n-1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-02-20
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.50
\nBid-YTW : -19.75 %<\/td>\n<\/tr>\n
MIC.PR.A<\/td>\nPerpetual-Premium<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2030-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.75
\nBid-YTW : 5.03 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 16.65
\nEvaluated at bid price : 16.65
\nBid-YTW : 4.31 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 18.40
\nEvaluated at bid price : 18.40
\nBid-YTW : 2.98 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 21.36
\nEvaluated at bid price : 21.65
\nBid-YTW : 3.80 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 18.25
\nEvaluated at bid price : 18.25
\nBid-YTW : 2.30 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 17.60
\nEvaluated at bid price : 17.60
\nBid-YTW : 4.03 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 24.18
\nEvaluated at bid price : 24.46
\nBid-YTW : 4.65 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 15.10
\nEvaluated at bid price : 15.10
\nBid-YTW : 2.85 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n88.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 22.63
\nEvaluated at bid price : 23.51
\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n<\/table>\n\n\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
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n252,841<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 24.45
\nEvaluated at bid price : 24.85
\nBid-YTW : 4.52 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n245,080<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 22.40
\nEvaluated at bid price : 22.82
\nBid-YTW : 4.10 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Premium<\/td>\n244,146<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-02-20
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.12
\nBid-YTW : -2.59 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n231,715<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 24.51
\nEvaluated at bid price : 24.90
\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Premium<\/td>\n199,055<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2031-03-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.51
\nBid-YTW : 4.58 %<\/td>\n<\/tr>\n
FTS.PR.F<\/td>\nPerpetual-Premium<\/td>\n144,099<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 24.86
\nEvaluated at bid price : 25.08
\nBid-YTW : 4.95 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n137,198<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 14.81
\nEvaluated at bid price : 14.81
\nBid-YTW : 4.48 %<\/td>\n<\/tr>\n
MFC.PR.R<\/td>\nFixedReset Ins Non<\/td>\n137,171<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.22
\nBid-YTW : 2.01 %<\/td>\n<\/tr>\n
There were 25 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
TD.PF.B<\/td>\nFixedReset Disc<\/td>\nQuote: 23.00 – 24.36
\nSpot Rate : 1.3600
\nAverage : 0.7580<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 22.50
\nEvaluated at bid price : 23.00
\nBid-YTW : 4.12 %<\/td>\n<\/tr>\n

TD.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 24.07 – 25.20
\nSpot Rate : 1.1300
\nAverage : 0.7500<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 22.91
\nEvaluated at bid price : 24.07
\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n

BAM.PR.K<\/td>\nFloater<\/td>\nQuote: 14.50 – 15.28
\nSpot Rate : 0.7800
\nAverage : 0.5079<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 14.50
\nEvaluated at bid price : 14.50
\nBid-YTW : 2.97 %<\/td>\n<\/tr>\n

BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.03 – 24.80
\nSpot Rate : 0.7700
\nAverage : 0.5036<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 23.72
\nEvaluated at bid price : 24.03
\nBid-YTW : 4.97 %<\/td>\n<\/tr>\n

CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.90 – 25.00
\nSpot Rate : 1.1000
\nAverage : 0.8767<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 23.62
\nEvaluated at bid price : 23.90
\nBid-YTW : 4.76 %<\/td>\n<\/tr>\n

BAM.PR.R<\/td>\nFixedReset Disc<\/td>\nQuote: 21.05 – 21.99
\nSpot Rate : 0.9400
\nAverage : 0.7266<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-01-21
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 4.45 %<\/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 3.02 % 3.49 …<\/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-42921","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42921","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=42921"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42921\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}