{"id":46908,"date":"2024-06-11T20:21:16","date_gmt":"2024-06-12T01:21:16","guid":{"rendered":"https:\/\/prefblog.com\/?p=46908"},"modified":"2024-06-11T20:21:16","modified_gmt":"2024-06-12T01:21:16","slug":"june-11-2024","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=46908","title":{"rendered":"June 11, 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-1.0152 %<\/td>\n2,234.4<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.0152 %<\/td>\n4,285.6<\/td>\n<\/tr>\n
Floater<\/td>\n10.40 %<\/td>\n10.76 %<\/td>\n59,425<\/td>\n8.84<\/td>\n1<\/td>\n-1.0152 %<\/td>\n2,469.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3953 %<\/td>\n3,464.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.86 %<\/td>\n6.55 %<\/td>\n30,668<\/td>\n1.63<\/td>\n7<\/td>\n-0.3953 %<\/td>\n4,137.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3953 %<\/td>\n3,227.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2097 %<\/td>\n2,688.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.40 %<\/td>\n6.56 %<\/td>\n53,283<\/td>\n13.07<\/td>\n28<\/td>\n-0.2097 %<\/td>\n2,931.2<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.24 %<\/td>\n7.37 %<\/td>\n115,365<\/td>\n12.23<\/td>\n49<\/td>\n-0.1991 %<\/td>\n2,549.3<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.33 %<\/td>\n6.43 %<\/td>\n58,206<\/td>\n13.35<\/td>\n20<\/td>\n0.1831 %<\/td>\n2,868.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n9.30 %<\/td>\n9.27 %<\/td>\n33,498<\/td>\n10.09<\/td>\n3<\/td>\n-0.2960 %<\/td>\n2,730.6<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.39 %<\/td>\n6.92 %<\/td>\n215,396<\/td>\n12.25<\/td>\n7<\/td>\n-0.2666 %<\/td>\n2,518.6<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1991 %<\/td>\n2,605.9<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.33 %<\/td>\n7.16 %<\/td>\n103,033<\/td>\n12.69<\/td>\n14<\/td>\n0.0253 %<\/td>\n2,667.4<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Disc<\/td>\n-6.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 9.16 %<\/td>\n<\/tr>\n
BN.PR.Z<\/td>\nFixedReset Disc<\/td>\n-2.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 19.86
\nEvaluated at bid price : 19.86
\nBid-YTW : 8.28 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-2.78 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 14.00
\nEvaluated at bid price : 14.00
\nBid-YTW : 8.04 %<\/td>\n<\/tr>\n
PVS.PR.K<\/td>\nSplitShare<\/td>\n-2.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2029-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.00
\nBid-YTW : 6.40 %<\/td>\n<\/tr>\n
MIC.PR.A<\/td>\nPerpetual-Discount<\/td>\n-2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 7.21 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n-1.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 18.22
\nEvaluated at bid price : 18.22
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n
BN.PF.I<\/td>\nFixedReset Disc<\/td>\n-1.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 21.92
\nEvaluated at bid price : 22.20
\nBid-YTW : 8.02 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n-1.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 6.59 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n-1.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 22.24
\nEvaluated at bid price : 22.96
\nBid-YTW : 6.30 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n-1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 18.45
\nEvaluated at bid price : 18.45
\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n-1.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 6.46 %<\/td>\n<\/tr>\n
POW.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 21.26
\nEvaluated at bid price : 21.53
\nBid-YTW : 6.62 %<\/td>\n<\/tr>\n
FFH.PR.H<\/td>\nFloatingReset<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 18.51
\nEvaluated at bid price : 18.51
\nBid-YTW : 10.18 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 17.49
\nEvaluated at bid price : 17.49
\nBid-YTW : 8.66 %<\/td>\n<\/tr>\n
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 19.05
\nEvaluated at bid price : 19.05
\nBid-YTW : 6.49 %<\/td>\n<\/tr>\n
BN.PR.B<\/td>\nFloater<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 11.70
\nEvaluated at bid price : 11.70
\nBid-YTW : 10.76 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 18.66
\nEvaluated at bid price : 18.66
\nBid-YTW : 6.43 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 7.40 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 18.85
\nEvaluated at bid price : 18.85
\nBid-YTW : 6.39 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n1.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 17.70
\nEvaluated at bid price : 17.70
\nBid-YTW : 6.87 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.82 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 18.48
\nEvaluated at bid price : 18.48
\nBid-YTW : 7.16 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nInsurance Straight<\/td>\n1.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 21.66
\nEvaluated at bid price : 21.66
\nBid-YTW : 6.37 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n2.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 20.70
\nEvaluated at bid price : 20.70
\nBid-YTW : 6.98 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n4.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 20.51
\nEvaluated at bid price : 20.51
\nBid-YTW : 7.93 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n6.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 20.10
\nEvaluated at bid price : 20.10
\nBid-YTW : 6.43 %<\/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
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n311,276<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-08-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.95
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n
TD.PF.M<\/td>\nFixedReset Prem<\/td>\n66,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 24.10
\nEvaluated at bid price : 25.00
\nBid-YTW : 7.17 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n48,750<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 22.13
\nEvaluated at bid price : 22.65
\nBid-YTW : 6.71 %<\/td>\n<\/tr>\n
FFH.PR.M<\/td>\nFixedReset Disc<\/td>\n35,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 23.45
\nEvaluated at bid price : 24.06
\nBid-YTW : 7.80 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n33,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 20.70
\nEvaluated at bid price : 20.70
\nBid-YTW : 6.98 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n30,990<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 22.75
\nEvaluated at bid price : 23.52
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n
There were 6 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
CU.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 19.80 – 21.99
\nSpot Rate : 2.1900
\nAverage : 1.5496<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 7.40 %<\/td>\n<\/tr>\n

BN.PR.Z<\/td>\nFixedReset Disc<\/td>\nQuote: 19.86 – 21.55
\nSpot Rate : 1.6900
\nAverage : 1.1666<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 19.86
\nEvaluated at bid price : 19.86
\nBid-YTW : 8.28 %<\/td>\n<\/tr>\n

BN.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 17.00 – 18.60
\nSpot Rate : 1.6000
\nAverage : 1.0877<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 9.16 %<\/td>\n<\/tr>\n

IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.88 – 22.00
\nSpot Rate : 2.1200
\nAverage : 1.6782<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 19.88
\nEvaluated at bid price : 19.88
\nBid-YTW : 7.36 %<\/td>\n<\/tr>\n

PWF.PR.P<\/td>\nFixedReset Disc<\/td>\nQuote: 14.91 – 15.50
\nSpot Rate : 0.5900
\nAverage : 0.3612<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 14.91
\nEvaluated at bid price : 14.91
\nBid-YTW : 8.06 %<\/td>\n<\/tr>\n

BN.PF.A<\/td>\nFixedReset Disc<\/td>\nQuote: 21.60 – 22.42
\nSpot Rate : 0.8200
\nAverage : 0.6083<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-06-11
\nMaturity Price : 21.31
\nEvaluated at bid price : 21.60
\nBid-YTW : 7.77 %<\/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-46908","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46908","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=46908"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46908\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}