{"id":42958,"date":"2022-02-01T22:44:51","date_gmt":"2022-02-02T03:44:51","guid":{"rendered":"https:\/\/prefblog.com\/?p=42958"},"modified":"2022-02-01T22:44:51","modified_gmt":"2022-02-02T03:44:51","slug":"february-1-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=42958","title":{"rendered":"February 1, 2022"},"content":{"rendered":"

As an afficionado of energy storage, I’ve been following the Energy Vault story for some time, and it looks like things have started happening for them: they’re getting some real money to use their technology in China<\/a>:<\/p>\n

Energy Vault Inc., a provider of systems that store energy by elevating heavy objects, agreed to license its technology to a company that plans to build storage facilities in China.<\/p>\n

Atlas Renewable LLC will pay $50 million in 2022 for a multi-year licensing agreement and will begin construction in the second quarter on the first project outside Shanghai, according to a statement Tuesday from Energy Vault, marking the storage company\u2019s first deal in China.<\/p><\/blockquote>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
HIMIPref\u2122 Preferred Indices
\nThese values reflect the December 2008 revision of the HIMIPref\u2122 Indices<\/strong>
\nValues are provisional and are finalized monthly<\/td>\n<\/tr>\n
Index<\/td>\nMean
\nCurrent
\nYield
\n(at bid)<\/td>\n		Median
\nYTW<\/td>\n		Median
\nAverage
\nTrading
\nValue<\/td>\n		Median
\nMod Dur
\n(YTW)<\/td>\n		Issues<\/td>\nDay’s Perf.<\/td>\nIndex Value<\/td>\n<\/tr>\n
Ratchet<\/td>\n3.02 %<\/td>\n3.47 %<\/td>\n41,595<\/td>\n20.11<\/td>\n1<\/td>\n0.5446 %<\/td>\n2,893.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5796 %<\/td>\n5,589.2<\/td>\n<\/tr>\n
Floater<\/td>\n2.85 %<\/td>\n2.87 %<\/td>\n54,391<\/td>\n20.05<\/td>\n3<\/td>\n0.5796 %<\/td>\n3,221.1<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1171 %<\/td>\n3,661.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.69 %<\/td>\n4.44 %<\/td>\n31,821<\/td>\n3.53<\/td>\n6<\/td>\n-0.1171 %<\/td>\n4,372.7<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1171 %<\/td>\n3,411.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.17 %<\/td>\n-9.37 %<\/td>\n55,925<\/td>\n0.09<\/td>\n24<\/td>\n0.0967 %<\/td>\n3,245.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n4.75 %<\/td>\n4.81 %<\/td>\n55,108<\/td>\n15.75<\/td>\n7<\/td>\n-0.0528 %<\/td>\n3,828.3<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n3.92 %<\/td>\n4.12 %<\/td>\n110,949<\/td>\n16.59<\/td>\n45<\/td>\n0.2485 %<\/td>\n2,883.0<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n4.89 %<\/td>\n4.56 %<\/td>\n82,619<\/td>\n15.72<\/td>\n17<\/td>\n0.1692 %<\/td>\n3,659.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.71 %<\/td>\n3.05 %<\/td>\n51,191<\/td>\n19.58<\/td>\n2<\/td>\n0.8333 %<\/td>\n2,946.3<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.74 %<\/td>\n3.26 %<\/td>\n103,232<\/td>\n1.73<\/td>\n25<\/td>\n0.1141 %<\/td>\n2,723.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2485 %<\/td>\n2,947.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.08 %<\/td>\n4.08 %<\/td>\n69,566<\/td>\n16.68<\/td>\n17<\/td>\n0.4741 %<\/td>\n2,975.8<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\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
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-03
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.15
\nBid-YTW : 2.72 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-01
\nMaturity Price : 22.79
\nEvaluated at bid price : 23.60
\nBid-YTW : 4.20 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-01
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-01
\nMaturity Price : 15.02
\nEvaluated at bid price : 15.02
\nBid-YTW : 2.87 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-01
\nMaturity Price : 19.55
\nEvaluated at bid price : 19.55
\nBid-YTW : 4.59 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-01
\nMaturity Price : 18.30
\nEvaluated at bid price : 18.30
\nBid-YTW : 3.05 %<\/td>\n<\/tr>\n
CM.PR.T<\/td>\nFixedReset Prem<\/td>\n1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.28
\nBid-YTW : 2.88 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-01
\nMaturity Price : 22.26
\nEvaluated at bid price : 23.00
\nBid-YTW : 4.40 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-01
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.45
\nBid-YTW : 3.96 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-01
\nMaturity Price : 22.39
\nEvaluated at bid price : 22.80
\nBid-YTW : 4.19 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n3.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-01
\nMaturity Price : 17.67
\nEvaluated at bid price : 17.67
\nBid-YTW : 4.12 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n
Volume Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nShares
\nTraded<\/td>\n		Notes<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n161,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-01
\nMaturity Price : 23.04
\nEvaluated at bid price : 23.96
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Prem<\/td>\n148,200<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.23
\nBid-YTW : 2.66 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Disc<\/td>\n105,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-01
\nMaturity Price : 24.67
\nEvaluated at bid price : 25.00
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n81,729<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-01
\nMaturity Price : 22.99
\nEvaluated at bid price : 24.04
\nBid-YTW : 3.99 %<\/td>\n<\/tr>\n
BMO.PR.C<\/td>\nFixedReset Prem<\/td>\n50,625<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.17
\nBid-YTW : 1.34 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n22,336<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-01
\nMaturity Price : 23.44
\nEvaluated at bid price : 23.75
\nBid-YTW : 4.55 %<\/td>\n<\/tr>\n
There were 7 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\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
CM.PR.Y<\/td>\nFixedReset Prem<\/td>\nQuote: 26.00 – 27.34
\nSpot Rate : 1.3400
\nAverage : 0.8805<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.00
\nBid-YTW : 3.51 %<\/td>\n<\/tr>\n

CU.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.60 – 24.88
\nSpot Rate : 1.2800
\nAverage : 1.0908<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-01
\nMaturity Price : 23.34
\nEvaluated at bid price : 23.60
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n

BAM.PR.B<\/td>\nFloater<\/td>\nQuote: 15.05 – 15.75
\nSpot Rate : 0.7000
\nAverage : 0.5863<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-01
\nMaturity Price : 15.05
\nEvaluated at bid price : 15.05
\nBid-YTW : 2.87 %<\/td>\n<\/tr>\n

SLF.PR.J<\/td>\nFloatingReset<\/td>\nQuote: 18.00 – 18.45
\nSpot Rate : 0.4500
\nAverage : 0.3406<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-01
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 2.39 %<\/td>\n<\/tr>\n

MIC.PR.A<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.50 – 26.75
\nSpot Rate : 1.2500
\nAverage : 1.1438<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2030-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.50
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n

MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.40 – 23.74
\nSpot Rate : 0.3400
\nAverage : 0.2454<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-02-01
\nMaturity Price : 22.65
\nEvaluated at bid price : 23.40
\nBid-YTW : 4.16 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

As an afficionado of energy storage, I’ve been following the Energy Vault story for some time, and it looks like things have started happening for them: they’re getting some real money to use their technology …<\/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-42958","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42958","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=42958"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/42958\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}