{"id":46291,"date":"2024-01-22T19:31:06","date_gmt":"2024-01-23T00:31:06","guid":{"rendered":"https:\/\/prefblog.com\/?p=46291"},"modified":"2024-01-22T19:31:06","modified_gmt":"2024-01-23T00:31:06","slug":"january-22-2024","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=46291","title":{"rendered":"January 22, 2024"},"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>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.4255 %<\/td>\n2,268.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.4255 %<\/td>\n4,351.5<\/td>\n<\/tr>\n
Floater<\/td>\n10.73 %<\/td>\n10.91 %<\/td>\n49,425<\/td>\n8.85<\/td>\n2<\/td>\n1.4255 %<\/td>\n2,507.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1741 %<\/td>\n3,425.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.91 %<\/td>\n7.13 %<\/td>\n51,743<\/td>\n1.96<\/td>\n7<\/td>\n0.1741 %<\/td>\n4,090.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1741 %<\/td>\n3,191.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2385 %<\/td>\n2,675.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.42 %<\/td>\n6.57 %<\/td>\n53,360<\/td>\n13.13<\/td>\n34<\/td>\n0.2385 %<\/td>\n2,917.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.62 %<\/td>\n7.63 %<\/td>\n111,799<\/td>\n12.06<\/td>\n59<\/td>\n0.2529 %<\/td>\n2,337.1<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.29 %<\/td>\n6.47 %<\/td>\n76,018<\/td>\n13.24<\/td>\n20<\/td>\n0.1592 %<\/td>\n2,881.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n10.26 %<\/td>\n10.70 %<\/td>\n33,852<\/td>\n8.98<\/td>\n5<\/td>\n0.5003 %<\/td>\n2,618.0<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.89 %<\/td>\n6.41 %<\/td>\n161,132<\/td>\n3.34<\/td>\n2<\/td>\n-0.0991 %<\/td>\n2,530.2<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2529 %<\/td>\n2,389.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.47 %<\/td>\n7.19 %<\/td>\n95,400<\/td>\n12.53<\/td>\n14<\/td>\n0.7713 %<\/td>\n2,597.9<\/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\n\n\n\n\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
RY.PR.N<\/td>\nPerpetual-Discount<\/td>\n-4.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
BIP.PR.B<\/td>\nFixedReset Disc<\/td>\n-3.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 22.78
\nEvaluated at bid price : 23.12
\nBid-YTW : 8.45 %<\/td>\n<\/tr>\n
BN.PR.X<\/td>\nFixedReset Disc<\/td>\n-2.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 14.90
\nEvaluated at bid price : 14.90
\nBid-YTW : 8.79 %<\/td>\n<\/tr>\n
FFH.PR.I<\/td>\nFixedReset Disc<\/td>\n-2.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 16.47
\nEvaluated at bid price : 16.47
\nBid-YTW : 9.14 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n-1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 19.55
\nEvaluated at bid price : 19.55
\nBid-YTW : 7.82 %<\/td>\n<\/tr>\n
GWO.PR.M<\/td>\nInsurance Straight<\/td>\n-1.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 22.07
\nEvaluated at bid price : 22.30
\nBid-YTW : 6.57 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 19.07
\nEvaluated at bid price : 19.07
\nBid-YTW : 7.68 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 18.61
\nEvaluated at bid price : 18.61
\nBid-YTW : 6.50 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 21.56
\nEvaluated at bid price : 21.85
\nBid-YTW : 7.02 %<\/td>\n<\/tr>\n
CM.PR.Y<\/td>\nFixedReset Disc<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.76
\nBid-YTW : 6.95 %<\/td>\n<\/tr>\n
BN.PF.F<\/td>\nFixedReset Disc<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 8.90 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 22.19
\nEvaluated at bid price : 22.77
\nBid-YTW : 6.84 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 19.46
\nEvaluated at bid price : 19.46
\nBid-YTW : 7.71 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 18.20
\nEvaluated at bid price : 18.20
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
BN.PR.K<\/td>\nFloater<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 11.70
\nEvaluated at bid price : 11.70
\nBid-YTW : 10.99 %<\/td>\n<\/tr>\n
BN.PF.A<\/td>\nFixedReset Disc<\/td>\n1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 7.89 %<\/td>\n<\/tr>\n
FFH.PR.C<\/td>\nFixedReset Disc<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 8.14 %<\/td>\n<\/tr>\n
BN.PR.B<\/td>\nFloater<\/td>\n1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 11.78
\nEvaluated at bid price : 11.78
\nBid-YTW : 10.91 %<\/td>\n<\/tr>\n
BN.PF.C<\/td>\nPerpetual-Discount<\/td>\n1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 18.17
\nEvaluated at bid price : 18.17
\nBid-YTW : 6.76 %<\/td>\n<\/tr>\n
BN.PF.D<\/td>\nPerpetual-Discount<\/td>\n1.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 18.32
\nEvaluated at bid price : 18.32
\nBid-YTW : 6.77 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n1.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 16.08
\nEvaluated at bid price : 16.08
\nBid-YTW : 9.28 %<\/td>\n<\/tr>\n
FFH.PR.G<\/td>\nFixedReset Disc<\/td>\n1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 16.50
\nEvaluated at bid price : 16.50
\nBid-YTW : 8.77 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n1.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 18.65
\nEvaluated at bid price : 18.65
\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n
BN.PF.B<\/td>\nFixedReset Disc<\/td>\n2.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 18.90
\nEvaluated at bid price : 18.90
\nBid-YTW : 8.30 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n2.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 20.95
\nEvaluated at bid price : 20.95
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n2.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 18.41
\nEvaluated at bid price : 18.41
\nBid-YTW : 7.18 %<\/td>\n<\/tr>\n
FTS.PR.F<\/td>\nPerpetual-Discount<\/td>\n2.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 20.10
\nEvaluated at bid price : 20.10
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n2.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 18.30
\nEvaluated at bid price : 18.30
\nBid-YTW : 6.57 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n2.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 21.02
\nEvaluated at bid price : 21.02
\nBid-YTW : 7.09 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n2.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 14.50
\nEvaluated at bid price : 14.50
\nBid-YTW : 8.15 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n2.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 19.10
\nEvaluated at bid price : 19.10
\nBid-YTW : 7.55 %<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\n4.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 21.30
\nEvaluated at bid price : 21.30
\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n6.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 18.47
\nEvaluated at bid price : 18.47
\nBid-YTW : 7.72 %<\/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
NA.PR.C<\/td>\nFixedReset Prem<\/td>\n152,320<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-11-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.45
\nBid-YTW : 6.41 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n126,481<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 21.20
\nEvaluated at bid price : 21.20
\nBid-YTW : 6.85 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n106,398<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 14.50
\nEvaluated at bid price : 14.50
\nBid-YTW : 8.15 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n104,568<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 19.46
\nEvaluated at bid price : 19.46
\nBid-YTW : 7.71 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n50,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 19.90
\nEvaluated at bid price : 19.90
\nBid-YTW : 7.40 %<\/td>\n<\/tr>\n
BN.PR.T<\/td>\nFixedReset Disc<\/td>\n45,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 15.05
\nEvaluated at bid price : 15.05
\nBid-YTW : 9.05 %<\/td>\n<\/tr>\n
There were 17 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
BN.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 17.08 – 21.00
\nSpot Rate : 3.9200
\nAverage : 2.2148<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 17.08
\nEvaluated at bid price : 17.08
\nBid-YTW : 8.99 %<\/td>\n<\/tr>\n

BN.PF.H<\/td>\nFixedReset Disc<\/td>\nQuote: 21.75 – 23.60
\nSpot Rate : 1.8500
\nAverage : 1.1599<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 21.42
\nEvaluated at bid price : 21.75
\nBid-YTW : 8.53 %<\/td>\n<\/tr>\n

MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.16 – 21.00
\nSpot Rate : 1.8400
\nAverage : 1.1978<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 19.16
\nEvaluated at bid price : 19.16
\nBid-YTW : 7.52 %<\/td>\n<\/tr>\n

GWO.PR.Y<\/td>\nInsurance Straight<\/td>\nQuote: 18.20 – 19.99
\nSpot Rate : 1.7900
\nAverage : 1.2420<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 18.20
\nEvaluated at bid price : 18.20
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n

CU.PR.E<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.45 – 22.12
\nSpot Rate : 2.6700
\nAverage : 2.1841<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 19.45
\nEvaluated at bid price : 19.45
\nBid-YTW : 6.42 %<\/td>\n<\/tr>\n

RY.PR.N<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.50 – 22.55
\nSpot Rate : 1.0500
\nAverage : 0.6585<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-01-22
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 5.80 %<\/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 0.00 % 0.00 …<\/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-46291","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46291","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=46291"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46291\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}