{"id":45195,"date":"2023-04-30T10:33:46","date_gmt":"2023-04-30T15:33:46","guid":{"rendered":"https:\/\/prefblog.com\/?p=45195"},"modified":"2023-04-30T10:33:46","modified_gmt":"2023-04-30T15:33:46","slug":"april-28-2023","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=45195","title":{"rendered":"April 28, 2023"},"content":{"rendered":"

So here’s the 2023-4-28 report, very late, but it’s here! I have all kinds of links to discuss, but they’ll just have to wait!<\/p>\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>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0417 %<\/td>\n2,305.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0417 %<\/td>\n4,422.0<\/td>\n<\/tr>\n
Floater<\/td>\n9.77 %<\/td>\n9.96 %<\/td>\n36,089<\/td>\n9.54<\/td>\n2<\/td>\n-0.0417 %<\/td>\n2,548.4<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1583 %<\/td>\n3,363.0<\/td>\n<\/tr>\n
SplitShare<\/td>\n5.00 %<\/td>\n7.27 %<\/td>\n46,087<\/td>\n2.60<\/td>\n7<\/td>\n-0.1583 %<\/td>\n4,016.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1583 %<\/td>\n3,133.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2442 %<\/td>\n2,770.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.16 %<\/td>\n6.22 %<\/td>\n53,315<\/td>\n13.62<\/td>\n34<\/td>\n0.2442 %<\/td>\n3,020.7<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.73 %<\/td>\n7.62 %<\/td>\n85,420<\/td>\n12.11<\/td>\n63<\/td>\n-0.1338 %<\/td>\n2,152.2<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.08 %<\/td>\n6.16 %<\/td>\n69,428<\/td>\n13.67<\/td>\n19<\/td>\n-0.1852 %<\/td>\n2,959.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n10.38 %<\/td>\n10.83 %<\/td>\n52,529<\/td>\n8.89<\/td>\n2<\/td>\n0.0338 %<\/td>\n2,402.5<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.92 %<\/td>\n6.53 %<\/td>\n327,468<\/td>\n12.86<\/td>\n1<\/td>\n0.1975 %<\/td>\n2,333.9<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1338 %<\/td>\n2,200.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.95 %<\/td>\n7.32 %<\/td>\n76,064<\/td>\n12.11<\/td>\n11<\/td>\n0.3247 %<\/td>\n2,342.1<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\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
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n-2.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 12.51
\nEvaluated at bid price : 12.51
\nBid-YTW : 8.42 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-2.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 12.25
\nEvaluated at bid price : 12.25
\nBid-YTW : 8.35 %<\/td>\n<\/tr>\n
BN.PF.F<\/td>\nFixedReset Disc<\/td>\n-1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 16.25
\nEvaluated at bid price : 16.25
\nBid-YTW : 9.02 %<\/td>\n<\/tr>\n
BMO.PR.F<\/td>\nFixedReset Disc<\/td>\n-1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 23.27
\nEvaluated at bid price : 23.80
\nBid-YTW : 6.86 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 17.80
\nEvaluated at bid price : 17.80
\nBid-YTW : 7.60 %<\/td>\n<\/tr>\n
BN.PF.H<\/td>\nFixedReset Disc<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 20.70
\nEvaluated at bid price : 20.70
\nBid-YTW : 8.38 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 7.62 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 17.65
\nEvaluated at bid price : 17.65
\nBid-YTW : 6.96 %<\/td>\n<\/tr>\n
BN.PR.X<\/td>\nFixedReset Disc<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 14.50
\nEvaluated at bid price : 14.50
\nBid-YTW : 8.46 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Disc<\/td>\n1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 18.15
\nEvaluated at bid price : 18.15
\nBid-YTW : 7.32 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n3.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 17.15
\nEvaluated at bid price : 17.15
\nBid-YTW : 7.67 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n4.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 16.62
\nEvaluated at bid price : 16.62
\nBid-YTW : 7.90 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n5.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 19.05
\nEvaluated at bid price : 19.05
\nBid-YTW : 6.02 %<\/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
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n50,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 17.65
\nEvaluated at bid price : 17.65
\nBid-YTW : 6.96 %<\/td>\n<\/tr>\n
BN.PF.F<\/td>\nFixedReset Disc<\/td>\n25,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 16.25
\nEvaluated at bid price : 16.25
\nBid-YTW : 9.02 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n23,654<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 21.39
\nEvaluated at bid price : 21.39
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n20,865<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 7.65 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n17,312<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 17.25
\nEvaluated at bid price : 17.25
\nBid-YTW : 7.60 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n11,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 12.51
\nEvaluated at bid price : 12.51
\nBid-YTW : 8.42 %<\/td>\n<\/tr>\n
There were 0 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
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\nQuote: 15.25 – 17.45
\nSpot Rate : 2.2000
\nAverage : 1.3871<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 15.25
\nEvaluated at bid price : 15.25
\nBid-YTW : 8.74 %<\/td>\n<\/tr>\n

CU.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 18.89 – 21.00
\nSpot Rate : 2.1100
\nAverage : 1.7205<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 18.89
\nEvaluated at bid price : 18.89
\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n

CM.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 22.91 – 23.84
\nSpot Rate : 0.9300
\nAverage : 0.5591<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 22.41
\nEvaluated at bid price : 22.91
\nBid-YTW : 6.95 %<\/td>\n<\/tr>\n

BIP.PR.E<\/td>\nFixedReset Disc<\/td>\nQuote: 21.86 – 22.94
\nSpot Rate : 1.0800
\nAverage : 0.7371<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 21.54
\nEvaluated at bid price : 21.86
\nBid-YTW : 7.30 %<\/td>\n<\/tr>\n

FTS.PR.H<\/td>\nFixedReset Disc<\/td>\nQuote: 12.51 – 13.22
\nSpot Rate : 0.7100
\nAverage : 0.4482<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 12.51
\nEvaluated at bid price : 12.51
\nBid-YTW : 8.42 %<\/td>\n<\/tr>\n

BMO.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 17.05 – 17.75
\nSpot Rate : 0.7000
\nAverage : 0.4833<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-04-28
\nMaturity Price : 17.05
\nEvaluated at bid price : 17.05
\nBid-YTW : 7.67 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

So here’s the 2023-4-28 report, very late, but it’s here! I have all kinds of links to discuss, but they’ll just have to wait! HIMIPref\u2122 Preferred Indices These values reflect the December 2008 revision of …<\/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-45195","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/45195","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=45195"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/45195\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}