{"id":46548,"date":"2024-03-14T19:21:06","date_gmt":"2024-03-15T00:21:06","guid":{"rendered":"https:\/\/prefblog.com\/?p=46548"},"modified":"2024-03-14T19:21:06","modified_gmt":"2024-03-15T00:21:06","slug":"march-14-2024","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=46548","title":{"rendered":"March 14, 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>\n-4.1935 %<\/td>\n2,268.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-4.1935 %<\/td>\n4,351.5<\/td>\n<\/tr>\n
Floater<\/td>\n10.61 %<\/td>\n10.68 %<\/td>\n42,211<\/td>\n9.09<\/td>\n1<\/td>\n-4.1935 %<\/td>\n2,507.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0000 %<\/td>\n3,406.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.94 %<\/td>\n7.29 %<\/td>\n42,253<\/td>\n1.84<\/td>\n7<\/td>\n0.0000 %<\/td>\n4,067.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0000 %<\/td>\n3,173.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.8903 %<\/td>\n2,632.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.53 %<\/td>\n6.71 %<\/td>\n47,317<\/td>\n12.89<\/td>\n31<\/td>\n-0.8903 %<\/td>\n2,870.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.44 %<\/td>\n7.06 %<\/td>\n103,300<\/td>\n12.38<\/td>\n59<\/td>\n-0.4469 %<\/td>\n2,430.1<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.35 %<\/td>\n6.50 %<\/td>\n52,557<\/td>\n13.26<\/td>\n22<\/td>\n-0.8775 %<\/td>\n2,833.2<\/td>\n<\/tr>\n
FloatingReset<\/td>\n9.96 %<\/td>\n10.14 %<\/td>\n31,989<\/td>\n9.49<\/td>\n3<\/td>\n-0.3956 %<\/td>\n2,590.6<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.94 %<\/td>\n6.86 %<\/td>\n164,542<\/td>\n12.47<\/td>\n1<\/td>\n0.4766 %<\/td>\n2,514.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.4469 %<\/td>\n2,484.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.49 %<\/td>\n7.05 %<\/td>\n72,279<\/td>\n12.63<\/td>\n14<\/td>\n0.0783 %<\/td>\n2,590.3<\/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
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-15.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 18.76
\nEvaluated at bid price : 18.76
\nBid-YTW : 6.61 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n-7.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 17.72
\nEvaluated at bid price : 17.72
\nBid-YTW : 6.30 %<\/td>\n<\/tr>\n
BN.PR.B<\/td>\nFloater<\/td>\n-4.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 11.88
\nEvaluated at bid price : 11.88
\nBid-YTW : 10.68 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n-2.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 6.63 %<\/td>\n<\/tr>\n
BN.PR.Z<\/td>\nFixedReset Disc<\/td>\n-2.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 19.11
\nEvaluated at bid price : 19.11
\nBid-YTW : 8.32 %<\/td>\n<\/tr>\n
RY.PR.O<\/td>\nPerpetual-Discount<\/td>\n-2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 21.86
\nEvaluated at bid price : 22.14
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
BN.PF.I<\/td>\nFixedReset Disc<\/td>\n-2.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 19.66
\nEvaluated at bid price : 19.66
\nBid-YTW : 8.78 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n-1.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 21.39
\nEvaluated at bid price : 21.70
\nBid-YTW : 6.90 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 19.33
\nEvaluated at bid price : 19.33
\nBid-YTW : 7.47 %<\/td>\n<\/tr>\n
CU.PR.I<\/td>\nFixedReset Disc<\/td>\n-1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 21.70
\nEvaluated at bid price : 22.15
\nBid-YTW : 7.78 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n-1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 21.36
\nEvaluated at bid price : 21.63
\nBid-YTW : 6.61 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n-1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 18.52
\nEvaluated at bid price : 18.52
\nBid-YTW : 6.58 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n-1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 18.52
\nEvaluated at bid price : 18.52
\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n-1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 18.58
\nEvaluated at bid price : 18.58
\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 18.59
\nEvaluated at bid price : 18.59
\nBid-YTW : 6.75 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 15.95
\nEvaluated at bid price : 15.95
\nBid-YTW : 10.14 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n-1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 18.79
\nEvaluated at bid price : 18.79
\nBid-YTW : 6.59 %<\/td>\n<\/tr>\n
BN.PF.J<\/td>\nFixedReset Disc<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 20.22
\nEvaluated at bid price : 20.22
\nBid-YTW : 8.04 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 20.92
\nEvaluated at bid price : 20.92
\nBid-YTW : 7.81 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 22.02
\nEvaluated at bid price : 22.60
\nBid-YTW : 6.38 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Disc<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 23.27
\nEvaluated at bid price : 25.25
\nBid-YTW : 6.41 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 16.60
\nEvaluated at bid price : 16.60
\nBid-YTW : 8.84 %<\/td>\n<\/tr>\n
FFH.PR.C<\/td>\nFixedReset Disc<\/td>\n1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 20.45
\nEvaluated at bid price : 20.45
\nBid-YTW : 8.01 %<\/td>\n<\/tr>\n
FFH.PR.D<\/td>\nFloatingReset<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 20.90
\nEvaluated at bid price : 20.90
\nBid-YTW : 9.83 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.65
\nBid-YTW : 6.95 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nInsurance Straight<\/td>\n1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 20.86
\nEvaluated at bid price : 20.86
\nBid-YTW : 6.50 %<\/td>\n<\/tr>\n
FFH.PR.G<\/td>\nFixedReset Disc<\/td>\n1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 16.84
\nEvaluated at bid price : 16.84
\nBid-YTW : 8.48 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.35
\nBid-YTW : 6.67 %<\/td>\n<\/tr>\n
BN.PR.X<\/td>\nFixedReset Disc<\/td>\n1.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 15.70
\nEvaluated at bid price : 15.70
\nBid-YTW : 8.16 %<\/td>\n<\/tr>\n
POW.PR.C<\/td>\nPerpetual-Discount<\/td>\n2.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 22.55
\nEvaluated at bid price : 22.80
\nBid-YTW : 6.48 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n4.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 21.56
\nEvaluated at bid price : 21.85
\nBid-YTW : 6.88 %<\/td>\n<\/tr>\n
BN.PF.F<\/td>\nFixedReset Disc<\/td>\n4.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 18.86
\nEvaluated at bid price : 18.86
\nBid-YTW : 8.34 %<\/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
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n340,234<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 21.84
\nEvaluated at bid price : 22.31
\nBid-YTW : 6.38 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n183,093<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 22.63
\nEvaluated at bid price : 23.70
\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n154,512<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 6.96 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n101,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 17.75
\nEvaluated at bid price : 17.75
\nBid-YTW : 6.72 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n82,480<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 22.52
\nEvaluated at bid price : 23.50
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n61,632<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 19.55
\nEvaluated at bid price : 19.55
\nBid-YTW : 6.52 %<\/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
RY.PR.N<\/td>\nPerpetual-Discount<\/td>\nQuote: 18.76 – 22.95
\nSpot Rate : 4.1900
\nAverage : 2.5117<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 18.76
\nEvaluated at bid price : 18.76
\nBid-YTW : 6.61 %<\/td>\n<\/tr>\n

IFC.PR.E<\/td>\nInsurance Straight<\/td>\nQuote: 20.06 – 23.72
\nSpot Rate : 3.6600
\nAverage : 2.0804<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 20.06
\nEvaluated at bid price : 20.06
\nBid-YTW : 6.51 %<\/td>\n<\/tr>\n

SLF.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 17.72 – 19.10
\nSpot Rate : 1.3800
\nAverage : 0.7755<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 17.72
\nEvaluated at bid price : 17.72
\nBid-YTW : 6.30 %<\/td>\n<\/tr>\n

EIT.PR.A<\/td>\nSplitShare<\/td>\nQuote: 24.91 – 26.00
\nSpot Rate : 1.0900
\nAverage : 0.6078<\/p>\n

YTW SCENARIO
\nMaturity Type : Option Certainty
\nMaturity Date\t: 2024-04-13
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.91
\nBid-YTW : 9.23 %<\/td>\n<\/tr>\n

BN.PF.D<\/td>\nPerpetual-Discount<\/td>\nQuote: 17.85 – 18.89
\nSpot Rate : 1.0400
\nAverage : 0.6319<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 17.85
\nEvaluated at bid price : 17.85
\nBid-YTW : 6.90 %<\/td>\n<\/tr>\n

CM.PR.P<\/td>\nFixedReset Disc<\/td>\nQuote: 21.15 – 22.00
\nSpot Rate : 0.8500
\nAverage : 0.5403<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-14
\nMaturity Price : 21.15
\nEvaluated at bid price : 21.15
\nBid-YTW : 6.69 %<\/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-46548","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46548","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=46548"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46548\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}