{"id":46552,"date":"2024-03-18T22:15:15","date_gmt":"2024-03-19T03:15:15","guid":{"rendered":"https:\/\/prefblog.com\/?p=46552"},"modified":"2024-03-18T22:15:15","modified_gmt":"2024-03-19T03:15:15","slug":"march-18-2024","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=46552","title":{"rendered":"March 18, 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-1.3104 %<\/td>\n2,301.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.3104 %<\/td>\n4,413.8<\/td>\n<\/tr>\n
Floater<\/td>\n10.46 %<\/td>\n10.54 %<\/td>\n40,114<\/td>\n9.18<\/td>\n1<\/td>\n-1.3104 %<\/td>\n2,543.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1685 %<\/td>\n3,417.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.93 %<\/td>\n7.14 %<\/td>\n40,262<\/td>\n1.83<\/td>\n7<\/td>\n0.1685 %<\/td>\n4,081.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1685 %<\/td>\n3,184.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0638 %<\/td>\n2,655.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.47 %<\/td>\n6.70 %<\/td>\n48,553<\/td>\n12.89<\/td>\n31<\/td>\n0.0638 %<\/td>\n2,895.5<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.41 %<\/td>\n7.31 %<\/td>\n100,971<\/td>\n12.07<\/td>\n59<\/td>\n0.0653 %<\/td>\n2,443.5<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.34 %<\/td>\n6.50 %<\/td>\n50,322<\/td>\n13.25<\/td>\n22<\/td>\n-0.2610 %<\/td>\n2,834.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n10.03 %<\/td>\n10.17 %<\/td>\n31,132<\/td>\n9.45<\/td>\n3<\/td>\n-0.7737 %<\/td>\n2,575.9<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.93 %<\/td>\n6.84 %<\/td>\n162,645<\/td>\n3.19<\/td>\n1<\/td>\n0.0394 %<\/td>\n2,520.3<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0653 %<\/td>\n2,497.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.47 %<\/td>\n7.31 %<\/td>\n70,547<\/td>\n12.43<\/td>\n14<\/td>\n-0.1039 %<\/td>\n2,597.7<\/td>\n<\/tr>\n<\/table>\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
BN.PR.X<\/td>\nFixedReset Disc<\/td>\n-3.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 15.23
\nEvaluated at bid price : 15.23
\nBid-YTW : 8.72 %<\/td>\n<\/tr>\n
BN.PR.Z<\/td>\nFixedReset Disc<\/td>\n-3.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 19.11
\nEvaluated at bid price : 19.11
\nBid-YTW : 8.56 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n-2.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 17.30
\nEvaluated at bid price : 17.30
\nBid-YTW : 6.54 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n-1.86 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 18.45
\nEvaluated at bid price : 18.45
\nBid-YTW : 7.31 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n-1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 17.49
\nEvaluated at bid price : 17.49
\nBid-YTW : 6.47 %<\/td>\n<\/tr>\n
FFH.PR.D<\/td>\nFloatingReset<\/td>\n-1.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 10.00 %<\/td>\n<\/tr>\n
BN.PR.B<\/td>\nFloater<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 12.05
\nEvaluated at bid price : 12.05
\nBid-YTW : 10.54 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 18.55
\nEvaluated at bid price : 18.55
\nBid-YTW : 6.78 %<\/td>\n<\/tr>\n
FFH.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 20.30
\nEvaluated at bid price : 20.30
\nBid-YTW : 8.36 %<\/td>\n<\/tr>\n
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 14.95
\nEvaluated at bid price : 14.95
\nBid-YTW : 9.26 %<\/td>\n<\/tr>\n
FFH.PR.I<\/td>\nFixedReset Disc<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 17.70
\nEvaluated at bid price : 17.70
\nBid-YTW : 8.70 %<\/td>\n<\/tr>\n
RY.PR.O<\/td>\nPerpetual-Discount<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 22.48
\nEvaluated at bid price : 22.76
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 21.87
\nEvaluated at bid price : 22.40
\nBid-YTW : 7.01 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 6.54 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n1.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 21.69
\nEvaluated at bid price : 22.13
\nBid-YTW : 7.01 %<\/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
TD.PF.I<\/td>\nFixedReset Disc<\/td>\n140,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 23.09
\nEvaluated at bid price : 24.45
\nBid-YTW : 6.82 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n128,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 14.76
\nEvaluated at bid price : 14.76
\nBid-YTW : 8.21 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n104,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 21.37
\nEvaluated at bid price : 21.65
\nBid-YTW : 6.90 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n102,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 22.57
\nEvaluated at bid price : 23.60
\nBid-YTW : 6.33 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n82,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 21.90
\nEvaluated at bid price : 22.30
\nBid-YTW : 7.06 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n38,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 21.76
\nEvaluated at bid price : 22.20
\nBid-YTW : 6.69 %<\/td>\n<\/tr>\n
There were 10 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
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\nQuote: 21.75 – 25.08
\nSpot Rate : 3.3300
\nAverage : 1.8505<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 21.42
\nEvaluated at bid price : 21.75
\nBid-YTW : 7.07 %<\/td>\n<\/tr>\n

GWO.PR.Y<\/td>\nInsurance Straight<\/td>\nQuote: 17.30 – 18.15
\nSpot Rate : 0.8500
\nAverage : 0.6216<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 17.30
\nEvaluated at bid price : 17.30
\nBid-YTW : 6.54 %<\/td>\n<\/tr>\n

GWO.PR.I<\/td>\nInsurance Straight<\/td>\nQuote: 17.49 – 18.10
\nSpot Rate : 0.6100
\nAverage : 0.3845<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 17.49
\nEvaluated at bid price : 17.49
\nBid-YTW : 6.47 %<\/td>\n<\/tr>\n

BMO.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 22.20 – 22.80
\nSpot Rate : 0.6000
\nAverage : 0.3748<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 21.76
\nEvaluated at bid price : 22.20
\nBid-YTW : 6.69 %<\/td>\n<\/tr>\n

BN.PR.X<\/td>\nFixedReset Disc<\/td>\nQuote: 15.23 – 15.98
\nSpot Rate : 0.7500
\nAverage : 0.5319<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 15.23
\nEvaluated at bid price : 15.23
\nBid-YTW : 8.72 %<\/td>\n<\/tr>\n

BN.PR.Z<\/td>\nFixedReset Disc<\/td>\nQuote: 19.11 – 19.76
\nSpot Rate : 0.6500
\nAverage : 0.4638<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-18
\nMaturity Price : 19.11
\nEvaluated at bid price : 19.11
\nBid-YTW : 8.56 %<\/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-46552","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46552","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=46552"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46552\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}