{"id":47328,"date":"2024-09-12T21:31:10","date_gmt":"2024-09-13T02:31:10","guid":{"rendered":"https:\/\/prefblog.com\/?p=47328"},"modified":"2024-09-12T21:31:10","modified_gmt":"2024-09-13T02:31:10","slug":"september-12-2024","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47328","title":{"rendered":"September 12, 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>\n0.1720 %<\/td>\n2,221.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1720 %<\/td>\n4,261.5<\/td>\n<\/tr>\n
Floater<\/td>\n9.69 %<\/td>\n10.01 %<\/td>\n81,690<\/td>\n9.41<\/td>\n2<\/td>\n0.1720 %<\/td>\n2,455.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3987 %<\/td>\n3,551.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.68 %<\/td>\n5.55 %<\/td>\n37,463<\/td>\n1.09<\/td>\n4<\/td>\n0.3987 %<\/td>\n4,241.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3987 %<\/td>\n3,309.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3651 %<\/td>\n2,927.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.88 %<\/td>\n6.05 %<\/td>\n57,786<\/td>\n13.79<\/td>\n31<\/td>\n0.3651 %<\/td>\n3,192.2<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.47 %<\/td>\n6.63 %<\/td>\n111,847<\/td>\n12.92<\/td>\n58<\/td>\n0.2323 %<\/td>\n2,669.7<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.76 %<\/td>\n5.84 %<\/td>\n65,372<\/td>\n14.18<\/td>\n20<\/td>\n0.4968 %<\/td>\n3,142.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n8.25 %<\/td>\n8.41 %<\/td>\n31,049<\/td>\n10.83<\/td>\n2<\/td>\n0.2581 %<\/td>\n2,785.7<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.45 %<\/td>\n5.54 %<\/td>\n204,260<\/td>\n13.56<\/td>\n7<\/td>\n0.0725 %<\/td>\n2,567.7<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2323 %<\/td>\n2,728.9<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.17 %<\/td>\n5.94 %<\/td>\n97,514<\/td>\n14.03<\/td>\n14<\/td>\n0.5532 %<\/td>\n2,842.2<\/td>\n<\/tr>\n<\/table>\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.B<\/td>\nFixedReset Disc<\/td>\n-5.95 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 20.70
\nEvaluated at bid price : 20.70
\nBid-YTW : 7.00 %<\/td>\n<\/tr>\n
BN.PF.I<\/td>\nFixedReset Disc<\/td>\n-3.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 22.09
\nEvaluated at bid price : 22.40
\nBid-YTW : 7.31 %<\/td>\n<\/tr>\n
FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 20.96
\nEvaluated at bid price : 20.96
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 20.62
\nEvaluated at bid price : 20.62
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 20.85
\nEvaluated at bid price : 20.85
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
POW.PR.A<\/td>\nPerpetual-Discount<\/td>\n1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 23.36
\nEvaluated at bid price : 23.65
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
PVS.PR.K<\/td>\nSplitShare<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2029-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.35
\nBid-YTW : 5.12 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n1.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 21.36
\nEvaluated at bid price : 21.36
\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n
BN.PR.X<\/td>\nFixedReset Disc<\/td>\n3.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 16.92
\nEvaluated at bid price : 16.92
\nBid-YTW : 6.97 %<\/td>\n<\/tr>\n
PWF.PR.R<\/td>\nPerpetual-Discount<\/td>\n5.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 22.67
\nEvaluated at bid price : 22.91
\nBid-YTW : 6.08 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n6.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 20.57
\nEvaluated at bid price : 20.57
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n6.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 18.35
\nEvaluated at bid price : 18.35
\nBid-YTW : 7.33 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n8.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 19.55
\nEvaluated at bid price : 19.55
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n12.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 21.30
\nEvaluated at bid price : 21.30
\nBid-YTW : 7.34 %<\/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
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n98,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 22.23
\nEvaluated at bid price : 22.96
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
PWF.PR.O<\/td>\nPerpetual-Discount<\/td>\n46,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 23.73
\nEvaluated at bid price : 24.04
\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n34,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 23.38
\nEvaluated at bid price : 23.97
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n26,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 21.22
\nEvaluated at bid price : 21.22
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n24,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 23.20
\nEvaluated at bid price : 23.70
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
BN.PF.F<\/td>\nFixedReset Disc<\/td>\n22,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 20.81
\nEvaluated at bid price : 20.81
\nBid-YTW : 6.93 %<\/td>\n<\/tr>\n
There were 11 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
BN.PF.B<\/td>\nFixedReset Disc<\/td>\nQuote: 20.70 – 22.22
\nSpot Rate : 1.5200
\nAverage : 0.9019<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 20.70
\nEvaluated at bid price : 20.70
\nBid-YTW : 7.00 %<\/td>\n<\/tr>\n

BN.PF.I<\/td>\nFixedReset Disc<\/td>\nQuote: 22.40 – 24.00
\nSpot Rate : 1.6000
\nAverage : 1.2528<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 22.09
\nEvaluated at bid price : 22.40
\nBid-YTW : 7.31 %<\/td>\n<\/tr>\n

BN.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 15.80 – 19.00
\nSpot Rate : 3.2000
\nAverage : 2.8947<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 15.80
\nEvaluated at bid price : 15.80
\nBid-YTW : 8.84 %<\/td>\n<\/tr>\n

POW.PR.D<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.06 – 21.80
\nSpot Rate : 0.7400
\nAverage : 0.4795<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 21.06
\nEvaluated at bid price : 21.06
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n

ENB.PR.A<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.91 – 23.69
\nSpot Rate : 0.7800
\nAverage : 0.5414<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 22.67
\nEvaluated at bid price : 22.91
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n

MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\nQuote: 24.44 – 24.85
\nSpot Rate : 0.4100
\nAverage : 0.2618<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-09-12
\nMaturity Price : 23.10
\nEvaluated at bid price : 24.44
\nBid-YTW : 5.66 %<\/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-47328","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47328","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=47328"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47328\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}