{"id":47271,"date":"2024-09-03T21:48:55","date_gmt":"2024-09-04T02:48:55","guid":{"rendered":"https:\/\/prefblog.com\/?p=47271"},"modified":"2024-09-03T21:48:55","modified_gmt":"2024-09-04T02:48:55","slug":"september-3-2024","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47271","title":{"rendered":"September 3, 2024"},"content":{"rendered":"

I have updated the post ALA.PR.G & ALA.PR.H To Be Extended<\/a>. I have also updated ENB.PR.Y: 6% Conversion to FloatingReset, ENB.PR.Z<\/a> to reflect the newly assigned ticker symbol for the FloatingReset. There are numerous other announcements to pass on (as noted in the comments<\/a>, but I will take care of them in the morning.<\/p>\n\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-1.5339 %<\/td>\n2,203.7<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.5339 %<\/td>\n4,226.8<\/td>\n<\/tr>\n
Floater<\/td>\n10.15 %<\/td>\n10.43 %<\/td>\n32,607<\/td>\n9.10<\/td>\n2<\/td>\n-1.5339 %<\/td>\n2,435.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2657 %<\/td>\n3,547.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.69 %<\/td>\n5.56 %<\/td>\n29,815<\/td>\n1.12<\/td>\n4<\/td>\n0.2657 %<\/td>\n4,236.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2657 %<\/td>\n3,305.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0090 %<\/td>\n2,892.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.95 %<\/td>\n6.11 %<\/td>\n57,821<\/td>\n13.69<\/td>\n31<\/td>\n-0.0090 %<\/td>\n3,153.7<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.43 %<\/td>\n6.80 %<\/td>\n121,271<\/td>\n12.71<\/td>\n58<\/td>\n0.1803 %<\/td>\n2,687.3<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.83 %<\/td>\n5.91 %<\/td>\n68,155<\/td>\n14.07<\/td>\n20<\/td>\n-0.2847 %<\/td>\n3,102.6<\/td>\n<\/tr>\n
FloatingReset<\/td>\n8.37 %<\/td>\n8.41 %<\/td>\n34,638<\/td>\n10.85<\/td>\n2<\/td>\n-0.5412 %<\/td>\n2,767.0<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.43 %<\/td>\n5.70 %<\/td>\n213,370<\/td>\n3.88<\/td>\n7<\/td>\n-0.2108 %<\/td>\n2,574.0<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1803 %<\/td>\n2,746.9<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.20 %<\/td>\n6.07 %<\/td>\n96,070<\/td>\n13.86<\/td>\n14<\/td>\n-0.5671 %<\/td>\n2,826.5<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n-9.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 7.13 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-6.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 20.40
\nEvaluated at bid price : 20.40
\nBid-YTW : 6.44 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n-6.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 18.35
\nEvaluated at bid price : 18.35
\nBid-YTW : 6.61 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n-4.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 19.72
\nEvaluated at bid price : 19.72
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
BN.PR.B<\/td>\nFloater<\/td>\n-2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 11.51
\nEvaluated at bid price : 11.51
\nBid-YTW : 10.52 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nInsurance Straight<\/td>\n-2.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 22.66
\nEvaluated at bid price : 23.03
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n-1.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 16.24
\nEvaluated at bid price : 16.24
\nBid-YTW : 8.64 %<\/td>\n<\/tr>\n
FFH.PR.K<\/td>\nFixedReset Disc<\/td>\n-1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 21.56
\nEvaluated at bid price : 21.95
\nBid-YTW : 7.22 %<\/td>\n<\/tr>\n
BIP.PR.B<\/td>\nFixedReset Disc<\/td>\n-1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 23.83
\nEvaluated at bid price : 24.25
\nBid-YTW : 7.55 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 21.28
\nEvaluated at bid price : 21.55
\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Prem<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.52
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n
BN.PR.K<\/td>\nFloater<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 11.60
\nEvaluated at bid price : 11.60
\nBid-YTW : 10.43 %<\/td>\n<\/tr>\n
PVS.PR.J<\/td>\nSplitShare<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2028-02-29
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.11
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 14.63
\nEvaluated at bid price : 14.63
\nBid-YTW : 6.94 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n1.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 21.70
\nEvaluated at bid price : 22.10
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 22.66
\nEvaluated at bid price : 23.50
\nBid-YTW : 6.51 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n1.90 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 20.38
\nEvaluated at bid price : 20.38
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
BN.PF.J<\/td>\nFixedReset Disc<\/td>\n1.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 22.93
\nEvaluated at bid price : 24.00
\nBid-YTW : 6.46 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n2.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 18.33
\nEvaluated at bid price : 18.33
\nBid-YTW : 7.57 %<\/td>\n<\/tr>\n
FFH.PR.G<\/td>\nFixedReset Disc<\/td>\n3.95 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 17.90
\nEvaluated at bid price : 17.90
\nBid-YTW : 7.57 %<\/td>\n<\/tr>\n
MIC.PR.A<\/td>\nPerpetual-Discount<\/td>\n4.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 6.70 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n7.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 16.65
\nEvaluated at bid price : 16.65
\nBid-YTW : 6.26 %<\/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
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n37,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 16.78
\nEvaluated at bid price : 16.78
\nBid-YTW : 7.59 %<\/td>\n<\/tr>\n
ENB.PR.T<\/td>\nFixedReset Disc<\/td>\n29,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 7.08 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n21,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 23.42
\nEvaluated at bid price : 24.50
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n17,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 17.90
\nEvaluated at bid price : 17.90
\nBid-YTW : 7.55 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n14,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 21.70
\nEvaluated at bid price : 22.10
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
ENB.PF.E<\/td>\nFixedReset Disc<\/td>\n12,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 17.92
\nEvaluated at bid price : 17.92
\nBid-YTW : 7.74 %<\/td>\n<\/tr>\n
There were 2 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
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\nQuote: 19.35 – 22.25
\nSpot Rate : 2.9000
\nAverage : 1.9642<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 19.35
\nEvaluated at bid price : 19.35
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n

MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 20.40 – 22.25
\nSpot Rate : 1.8500
\nAverage : 1.1793<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 20.40
\nEvaluated at bid price : 20.40
\nBid-YTW : 6.44 %<\/td>\n<\/tr>\n

SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.00 – 19.64
\nSpot Rate : 2.6400
\nAverage : 2.0798<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 7.13 %<\/td>\n<\/tr>\n

IFC.PR.E<\/td>\nInsurance Straight<\/td>\nQuote: 22.46 – 24.76
\nSpot Rate : 2.3000
\nAverage : 1.8719<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 22.18
\nEvaluated at bid price : 22.46
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n

PVS.PR.I<\/td>\nSplitShare<\/td>\nQuote: 24.85 – 25.85
\nSpot Rate : 1.0000
\nAverage : 0.6192<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.85
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n

BN.PR.M<\/td>\nPerpetual-Discount<\/td>\nQuote: 18.35 – 19.70
\nSpot Rate : 1.3500
\nAverage : 0.9835<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-03
\nMaturity Price : 18.35
\nEvaluated at bid price : 18.35
\nBid-YTW : 6.61 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

I have updated the post ALA.PR.G & ALA.PR.H To Be Extended. I have also updated ENB.PR.Y: 6% Conversion to FloatingReset, ENB.PR.Z to reflect the newly assigned ticker symbol for the FloatingReset. There are numerous other …<\/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-47271","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47271","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=47271"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47271\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}