{"id":47833,"date":"2025-05-14T01:08:19","date_gmt":"2025-05-14T01:08:19","guid":{"rendered":"https:\/\/prefblog.com\/?p=47833"},"modified":"2025-06-20T01:08:39","modified_gmt":"2025-06-20T01:08:39","slug":"may-14-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47833","title":{"rendered":"May 14, 2025"},"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>\n1.7377 %<\/td>\n2,153.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.7377 %<\/td>\n4,191.2<\/td>\n<\/tr>\n
Floater<\/td>\n7.16 %<\/td>\n7.55 %<\/td>\n62,354<\/td>\n11.84<\/td>\n3<\/td>\n1.7377 %<\/td>\n2,415.4<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0592 %<\/td>\n3,668.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.77 %<\/td>\n4.53 %<\/td>\n77,106<\/td>\n2.60<\/td>\n8<\/td>\n0.0592 %<\/td>\n4,381.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0592 %<\/td>\n3,418.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1870 %<\/td>\n2,926.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.88 %<\/td>\n5.99 %<\/td>\n52,860<\/td>\n13.90<\/td>\n33<\/td>\n-0.1870 %<\/td>\n3,190.7<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.57 %<\/td>\n6.33 %<\/td>\n107,199<\/td>\n12.95<\/td>\n51<\/td>\n-0.1383 %<\/td>\n2,829.8<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.82 %<\/td>\n5.93 %<\/td>\n62,536<\/td>\n13.93<\/td>\n21<\/td>\n-0.7331 %<\/td>\n3,111.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.66 %<\/td>\n5.77 %<\/td>\n31,262<\/td>\n14.17<\/td>\n3<\/td>\n0.3243 %<\/td>\n3,601.3<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.42 %<\/td>\n5.36 %<\/td>\n125,496<\/td>\n3.44<\/td>\n8<\/td>\n-0.2215 %<\/td>\n2,584.2<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1383 %<\/td>\n2,892.6<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.28 %<\/td>\n5.75 %<\/td>\n65,382<\/td>\n14.03<\/td>\n14<\/td>\n0.7323 %<\/td>\n2,921.9<\/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\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
ENB.PF.G<\/td>\nFixedReset Disc<\/td>\n-7.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 7.63 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n-5.95 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 19.61
\nEvaluated at bid price : 19.61
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n-5.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 18.45
\nEvaluated at bid price : 18.45
\nBid-YTW : 7.28 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n-4.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 18.80
\nEvaluated at bid price : 18.80
\nBid-YTW : 6.08 %<\/td>\n<\/tr>\n
BN.PF.B<\/td>\nFixedReset Disc<\/td>\n-3.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 20.91
\nEvaluated at bid price : 20.91
\nBid-YTW : 6.82 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n-3.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 18.99
\nEvaluated at bid price : 18.99
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
ENB.PR.P<\/td>\nFixedReset Disc<\/td>\n-2.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 19.60
\nEvaluated at bid price : 19.60
\nBid-YTW : 7.13 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n-2.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 20.19
\nEvaluated at bid price : 20.19
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
ENB.PR.F<\/td>\nFixedReset Disc<\/td>\n-2.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 18.51
\nEvaluated at bid price : 18.51
\nBid-YTW : 7.40 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n-2.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 22.49
\nEvaluated at bid price : 22.75
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n-2.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 21.68
\nEvaluated at bid price : 22.00
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n-1.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 19.25
\nEvaluated at bid price : 19.25
\nBid-YTW : 6.27 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n-1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 21.60
\nEvaluated at bid price : 21.60
\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n
BN.PF.C<\/td>\nPerpetual-Discount<\/td>\n-1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 19.72
\nEvaluated at bid price : 19.72
\nBid-YTW : 6.25 %<\/td>\n<\/tr>\n
NA.PR.I<\/td>\nFixedReset Prem<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 23.25
\nEvaluated at bid price : 25.00
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 18.99
\nEvaluated at bid price : 18.99
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
BN.PF.A<\/td>\nFixedReset Disc<\/td>\n-1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 22.61
\nEvaluated at bid price : 23.37
\nBid-YTW : 6.40 %<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 21.97
\nEvaluated at bid price : 22.20
\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 20.52
\nEvaluated at bid price : 20.52
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
BN.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 22.12
\nEvaluated at bid price : 22.45
\nBid-YTW : 6.55 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 23.16
\nEvaluated at bid price : 24.45
\nBid-YTW : 5.60 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 16.40
\nEvaluated at bid price : 16.40
\nBid-YTW : 6.51 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 16.86
\nEvaluated at bid price : 16.86
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
FTS.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 21.38
\nEvaluated at bid price : 21.65
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 22.33
\nEvaluated at bid price : 23.05
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n1.75 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 20.35
\nEvaluated at bid price : 20.35
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Disc<\/td>\n1.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 6.87 %<\/td>\n<\/tr>\n
BN.PF.I<\/td>\nFixedReset Disc<\/td>\n2.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 23.33
\nEvaluated at bid price : 24.30
\nBid-YTW : 6.70 %<\/td>\n<\/tr>\n
BN.PF.F<\/td>\nFixedReset Disc<\/td>\n2.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 21.52
\nEvaluated at bid price : 21.80
\nBid-YTW : 6.62 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n2.90 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 22.66
\nEvaluated at bid price : 23.10
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n3.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 16.90
\nEvaluated at bid price : 16.90
\nBid-YTW : 6.22 %<\/td>\n<\/tr>\n
BN.PR.K<\/td>\nFloater<\/td>\n6.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 11.70
\nEvaluated at bid price : 11.70
\nBid-YTW : 7.55 %<\/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
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n154,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 21.79
\nEvaluated at bid price : 22.12
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Disc<\/td>\n91,209<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 6.87 %<\/td>\n<\/tr>\n
ENB.PR.T<\/td>\nFixedReset Disc<\/td>\n90,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 6.79 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n73,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 6.30 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n64,100<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-06-23
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.97
\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n54,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 15.95
\nEvaluated at bid price : 15.95
\nBid-YTW : 6.72 %<\/td>\n<\/tr>\n
There were 12 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\n
Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n
See TMX DataLinx: ‘Last’ != ‘Close’<\/a> and the posts linked therein for an idea of why these quotes are so horrible.<\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nQuote Data and Yield Notes<\/td>\n<\/tr>\n
BN.PR.X<\/td>\nFixedReset Disc<\/td>\nQuote: 17.20 – 24.00
\nSpot Rate : 6.8000
\nAverage : 5.2982<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 17.20
\nEvaluated at bid price : 17.20
\nBid-YTW : 6.77 %<\/td>\n<\/tr>\n

ENB.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 18.00 – 19.80
\nSpot Rate : 1.8000
\nAverage : 1.0145<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 7.63 %<\/td>\n<\/tr>\n

MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\nQuote: 16.35 – 18.50
\nSpot Rate : 2.1500
\nAverage : 1.7312<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 16.35
\nEvaluated at bid price : 16.35
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n

BN.PF.B<\/td>\nFixedReset Disc<\/td>\nQuote: 20.91 – 21.93
\nSpot Rate : 1.0200
\nAverage : 0.6310<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 20.91
\nEvaluated at bid price : 20.91
\nBid-YTW : 6.82 %<\/td>\n<\/tr>\n

GWO.PR.I<\/td>\nInsurance Straight<\/td>\nQuote: 18.80 – 19.85
\nSpot Rate : 1.0500
\nAverage : 0.7193<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 18.80
\nEvaluated at bid price : 18.80
\nBid-YTW : 6.08 %<\/td>\n<\/tr>\n

SLF.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 19.61 – 20.93
\nSpot Rate : 1.3200
\nAverage : 0.9973<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-14
\nMaturity Price : 19.61
\nEvaluated at bid price : 19.61
\nBid-YTW : 5.76 %<\/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-47833","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47833","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=47833"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47833\/revisions"}],"predecessor-version":[{"id":47834,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47833\/revisions\/47834"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}