{"id":46691,"date":"2024-04-26T20:30:33","date_gmt":"2024-04-27T01:30:33","guid":{"rendered":"https:\/\/prefblog.com\/?p=46691"},"modified":"2024-04-26T20:30:33","modified_gmt":"2024-04-27T01:30:33","slug":"april-26-2024","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=46691","title":{"rendered":"April 26, 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>\n0.2429 %<\/td>\n2,364.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2429 %<\/td>\n4,534.6<\/td>\n<\/tr>\n
Floater<\/td>\n10.18 %<\/td>\n10.38 %<\/td>\n51,963<\/td>\n9.22<\/td>\n1<\/td>\n0.2429 %<\/td>\n2,613.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5329 %<\/td>\n3,408.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.94 %<\/td>\n7.66 %<\/td>\n34,234<\/td>\n1.73<\/td>\n7<\/td>\n0.5329 %<\/td>\n4,070.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5329 %<\/td>\n3,175.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4635 %<\/td>\n2,572.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.68 %<\/td>\n6.84 %<\/td>\n44,950<\/td>\n12.76<\/td>\n29<\/td>\n0.4635 %<\/td>\n2,805.2<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.23 %<\/td>\n6.80 %<\/td>\n108,358<\/td>\n11.55<\/td>\n57<\/td>\n0.1568 %<\/td>\n2,541.8<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.62 %<\/td>\n6.79 %<\/td>\n53,193<\/td>\n12.78<\/td>\n21<\/td>\n0.5713 %<\/td>\n2,739.0<\/td>\n<\/tr>\n
FloatingReset<\/td>\n9.51 %<\/td>\n9.55 %<\/td>\n26,143<\/td>\n9.88<\/td>\n2<\/td>\n0.4197 %<\/td>\n2,691.9<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.39 %<\/td>\n6.53 %<\/td>\n208,945<\/td>\n3.14<\/td>\n3<\/td>\n0.1726 %<\/td>\n2,517.2<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1568 %<\/td>\n2,598.2<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.25 %<\/td>\n7.31 %<\/td>\n71,905<\/td>\n12.37<\/td>\n14<\/td>\n0.3794 %<\/td>\n2,706.9<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
POW.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 6.90 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 18.13
\nEvaluated at bid price : 18.13
\nBid-YTW : 7.49 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 18.55
\nEvaluated at bid price : 18.55
\nBid-YTW : 7.89 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 18.02
\nEvaluated at bid price : 18.02
\nBid-YTW : 6.82 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset Disc<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 20.86
\nEvaluated at bid price : 20.86
\nBid-YTW : 7.34 %<\/td>\n<\/tr>\n
BN.PF.F<\/td>\nFixedReset Disc<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 8.51 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 23.14
\nEvaluated at bid price : 24.85
\nBid-YTW : 6.56 %<\/td>\n<\/tr>\n
RY.PR.N<\/td>\nPerpetual-Discount<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 22.21
\nEvaluated at bid price : 22.50
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n
FFH.PR.M<\/td>\nFixedReset Disc<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 23.12
\nEvaluated at bid price : 23.70
\nBid-YTW : 8.14 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 16.30
\nEvaluated at bid price : 16.30
\nBid-YTW : 7.46 %<\/td>\n<\/tr>\n
IFC.PR.K<\/td>\nInsurance Straight<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 19.85
\nEvaluated at bid price : 19.85
\nBid-YTW : 6.70 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 19.15
\nEvaluated at bid price : 19.15
\nBid-YTW : 6.82 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 16.94
\nEvaluated at bid price : 16.94
\nBid-YTW : 6.73 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 20.28
\nEvaluated at bid price : 20.28
\nBid-YTW : 6.83 %<\/td>\n<\/tr>\n
PWF.PR.H<\/td>\nPerpetual-Discount<\/td>\n1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 21.33
\nEvaluated at bid price : 21.33
\nBid-YTW : 6.79 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n1.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 16.86
\nEvaluated at bid price : 16.86
\nBid-YTW : 6.72 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n2.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 22.49
\nEvaluated at bid price : 23.25
\nBid-YTW : 6.91 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n2.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 22.34
\nEvaluated at bid price : 23.02
\nBid-YTW : 6.87 %<\/td>\n<\/tr>\n
PVS.PR.H<\/td>\nSplitShare<\/td>\n4.78 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2027-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.45
\nBid-YTW : 7.46 %<\/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.S<\/td>\nFixedReset Disc<\/td>\n194,700<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-06-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.90
\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n138,804<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 23.37
\nEvaluated at bid price : 24.25
\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n129,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-06-23
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.91
\nBid-YTW : 4.23 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n34,108<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 23.24
\nEvaluated at bid price : 23.77
\nBid-YTW : 6.68 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n32,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 22.88
\nEvaluated at bid price : 23.30
\nBid-YTW : 6.78 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n29,145<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 22.67
\nEvaluated at bid price : 23.07
\nBid-YTW : 6.62 %<\/td>\n<\/tr>\n
There were 15 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: 23.60 – 25.00
\nSpot Rate : 1.4000
\nAverage : 1.1409<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 23.13
\nEvaluated at bid price : 23.60
\nBid-YTW : 6.62 %<\/td>\n<\/tr>\n

BN.PR.M<\/td>\nPerpetual-Discount<\/td>\nQuote: 17.15 – 18.39
\nSpot Rate : 1.2400
\nAverage : 0.9881<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 17.15
\nEvaluated at bid price : 17.15
\nBid-YTW : 7.02 %<\/td>\n<\/tr>\n

PVS.PR.J<\/td>\nSplitShare<\/td>\nQuote: 22.51 – 23.75
\nSpot Rate : 1.2400
\nAverage : 1.0593<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2028-02-29
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.51
\nBid-YTW : 7.66 %<\/td>\n<\/tr>\n

PWF.PR.O<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.25 – 21.82
\nSpot Rate : 0.5700
\nAverage : 0.3964<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 6.88 %<\/td>\n<\/tr>\n

FFH.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 21.57 – 21.95
\nSpot Rate : 0.3800
\nAverage : 0.2623<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 21.57
\nEvaluated at bid price : 21.57
\nBid-YTW : 8.08 %<\/td>\n<\/tr>\n

POW.PR.A<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.50 – 20.98
\nSpot Rate : 0.4800
\nAverage : 0.3644<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-04-26
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 6.90 %<\/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-46691","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46691","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=46691"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46691\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}