{"id":47696,"date":"2024-12-09T21:46:01","date_gmt":"2024-12-10T02:46:01","guid":{"rendered":"https:\/\/prefblog.com\/?p=47696"},"modified":"2024-12-09T21:46:01","modified_gmt":"2024-12-10T02:46:01","slug":"december-9-2024","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47696","title":{"rendered":"December 9, 2024"},"content":{"rendered":"

Straight Perpetuals did well today, presumably due to the L.PR.B redemption<\/a>.<\/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>\n0.5348 %<\/td>\n2,320.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5348 %<\/td>\n4,450.2<\/td>\n<\/tr>\n
Floater<\/td>\n8.21 %<\/td>\n8.51 %<\/td>\n30,203<\/td>\n10.75<\/td>\n4<\/td>\n0.5348 %<\/td>\n2,564.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.6533 %<\/td>\n3,626.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.77 %<\/td>\n4.23 %<\/td>\n69,286<\/td>\n1.18<\/td>\n7<\/td>\n0.6533 %<\/td>\n4,330.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.6533 %<\/td>\n3,379.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.7611 %<\/td>\n2,860.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.00 %<\/td>\n6.18 %<\/td>\n49,121<\/td>\n13.58<\/td>\n32<\/td>\n0.7611 %<\/td>\n3,119.0<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.47 %<\/td>\n6.67 %<\/td>\n104,685<\/td>\n12.95<\/td>\n53<\/td>\n0.0756 %<\/td>\n2,750.2<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.96 %<\/td>\n6.10 %<\/td>\n63,468<\/td>\n13.82<\/td>\n21<\/td>\n0.9176 %<\/td>\n3,035.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n6.45 %<\/td>\n6.10 %<\/td>\n33,039<\/td>\n12.79<\/td>\n4<\/td>\n-0.5084 %<\/td>\n3,357.0<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.03 %<\/td>\n5.47 %<\/td>\n210,070<\/td>\n13.94<\/td>\n9<\/td>\n0.0434 %<\/td>\n2,599.5<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0756 %<\/td>\n2,811.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.18 %<\/td>\n5.95 %<\/td>\n88,011<\/td>\n13.85<\/td>\n14<\/td>\n0.2217 %<\/td>\n2,836.2<\/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\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n-2.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 19.10
\nEvaluated at bid price : 19.10
\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n
BN.PF.D<\/td>\nPerpetual-Discount<\/td>\n-1.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 19.30
\nEvaluated at bid price : 19.30
\nBid-YTW : 6.49 %<\/td>\n<\/tr>\n
FFH.PR.F<\/td>\nFloatingReset<\/td>\n-1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 22.25
\nEvaluated at bid price : 22.50
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 22.73
\nEvaluated at bid price : 23.44
\nBid-YTW : 6.75 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 22.91
\nEvaluated at bid price : 23.80
\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 22.31
\nEvaluated at bid price : 22.58
\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n
ELF.PR.H<\/td>\nPerpetual-Discount<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 22.11
\nEvaluated at bid price : 22.33
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 20.87
\nEvaluated at bid price : 20.87
\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n
POW.PR.B<\/td>\nPerpetual-Discount<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 21.75
\nEvaluated at bid price : 22.00
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
POW.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 22.71
\nEvaluated at bid price : 23.00
\nBid-YTW : 6.19 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 22.11
\nEvaluated at bid price : 22.11
\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 21.28
\nEvaluated at bid price : 21.55
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 21.75
\nEvaluated at bid price : 22.00
\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n
BN.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 21.39
\nEvaluated at bid price : 21.71
\nBid-YTW : 6.93 %<\/td>\n<\/tr>\n
BN.PR.C<\/td>\nFloater<\/td>\n1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 12.57
\nEvaluated at bid price : 12.57
\nBid-YTW : 8.52 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
BN.PF.C<\/td>\nPerpetual-Discount<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 6.36 %<\/td>\n<\/tr>\n
FTS.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
PWF.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 23.93
\nEvaluated at bid price : 24.19
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n1.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 18.10
\nEvaluated at bid price : 18.10
\nBid-YTW : 7.34 %<\/td>\n<\/tr>\n
PVS.PR.J<\/td>\nSplitShare<\/td>\n2.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2028-02-29
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.15
\nBid-YTW : 4.23 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n2.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 19.67
\nEvaluated at bid price : 19.67
\nBid-YTW : 6.19 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n4.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 21.06
\nEvaluated at bid price : 21.06
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n4.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 18.87
\nEvaluated at bid price : 18.87
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n6.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 21.85
\nEvaluated at bid price : 21.85
\nBid-YTW : 6.08 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n7.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 15.45
\nEvaluated at bid price : 15.45
\nBid-YTW : 6.49 %<\/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.Z<\/td>\nFixedReset Disc<\/td>\n280,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 21.39
\nEvaluated at bid price : 21.71
\nBid-YTW : 6.93 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n166,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 23.05
\nEvaluated at bid price : 24.10
\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n146,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 22.76
\nEvaluated at bid price : 23.70
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n
FFH.PR.E<\/td>\nFixedReset Disc<\/td>\n62,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 22.15
\nEvaluated at bid price : 22.80
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n36,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 21.28
\nEvaluated at bid price : 21.55
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n
BN.PF.A<\/td>\nFixedReset Disc<\/td>\n27,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 22.99
\nEvaluated at bid price : 24.27
\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n
There were 25 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
IFC.PR.F<\/td>\nInsurance Straight<\/td>\nQuote: 22.11 – 23.89
\nSpot Rate : 1.7800
\nAverage : 1.0172<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 22.11
\nEvaluated at bid price : 22.11
\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n

PVS.PR.K<\/td>\nSplitShare<\/td>\nQuote: 24.85 – 26.00
\nSpot Rate : 1.1500
\nAverage : 0.7215<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2029-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.85
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n

GWO.PR.R<\/td>\nInsurance Straight<\/td>\nQuote: 19.84 – 20.85
\nSpot Rate : 1.0100
\nAverage : 0.6781<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 19.84
\nEvaluated at bid price : 19.84
\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n

FFH.PR.F<\/td>\nFloatingReset<\/td>\nQuote: 22.50 – 23.50
\nSpot Rate : 1.0000
\nAverage : 0.7123<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 22.25
\nEvaluated at bid price : 22.50
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n

MFC.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 19.10 – 19.90
\nSpot Rate : 0.8000
\nAverage : 0.5176<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 19.10
\nEvaluated at bid price : 19.10
\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n

CCS.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 20.54 – 21.40
\nSpot Rate : 0.8600
\nAverage : 0.6014<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-09
\nMaturity Price : 20.54
\nEvaluated at bid price : 20.54
\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Straight Perpetuals did well today, presumably due to the L.PR.B redemption. 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 …<\/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-47696","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47696","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=47696"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47696\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}