{"id":47976,"date":"2016-12-19T00:52:00","date_gmt":"2016-12-19T00:52:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=47976"},"modified":"2025-06-28T00:57:09","modified_gmt":"2025-06-28T00:57:09","slug":"december-19-2016","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47976","title":{"rendered":"December 19, 2016"},"content":{"rendered":"

Geez, I’m the only one who uses cash any more<\/a>:<\/p>\n

Finally, this survey documents a pronounced shift in how Americans engage with one of the oldest elements of the modern economy: physical currency. Today nearly one-quarter (24%) of Americans indicate that none of the purchases they make in a typical week involve cash. And an even larger share \u2013 39% \u2013 indicates that they don\u2019t really worry about having cash on hand, since there are so many other ways of paying for things these days. Nonwhites, low-income Americans and those 50 and older are especially likely to rely on cash as a payment method.<\/p>\n<\/blockquote>\n

\"pi_2016_12_19_online-shopping_0-03\"<\/a>
Click for Big<\/i><\/div>\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>\n0.3563 %<\/td>\n1,803.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3563 %<\/td>\n3,294.2<\/td>\n<\/tr>\n
Floater<\/td>\n4.19 %<\/td>\n4.24 %<\/td>\n53,673<\/td>\n16.95<\/td>\n4<\/td>\n0.3563 %<\/td>\n1,898.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0066 %<\/td>\n2,930.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.82 %<\/td>\n4.29 %<\/td>\n63,106<\/td>\n1.96<\/td>\n6<\/td>\n0.0066 %<\/td>\n3,499.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0066 %<\/td>\n2,730.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.46 %<\/td>\n5.52 %<\/td>\n84,724<\/td>\n14.42<\/td>\n23<\/td>\n0.0735 %<\/td>\n2,650.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.52 %<\/td>\n5.53 %<\/td>\n100,516<\/td>\n14.54<\/td>\n15<\/td>\n-0.0183 %<\/td>\n2,726.3<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.77 %<\/td>\n4.69 %<\/td>\n235,416<\/td>\n6.77<\/td>\n96<\/td>\n-0.2674 %<\/td>\n2,142.4<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.18 %<\/td>\n4.59 %<\/td>\n142,528<\/td>\n4.54<\/td>\n32<\/td>\n0.1459 %<\/td>\n2,748.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.83 %<\/td>\n3.90 %<\/td>\n45,322<\/td>\n4.80<\/td>\n12<\/td>\n1.3179 %<\/td>\n2,316.6<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset<\/td>\n-1.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.29
\nBid-YTW : 6.56 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset<\/td>\n-1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 16.87
\nBid-YTW : 8.76 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 4.59 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset<\/td>\n-1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 12.86
\nEvaluated at bid price : 12.86
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n
BNS.PR.C<\/td>\nFloatingReset<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.05
\nBid-YTW : 4.04 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset<\/td>\n-1.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 17.12
\nEvaluated at bid price : 17.12
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset<\/td>\n-1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 19.11
\nEvaluated at bid price : 19.11
\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset<\/td>\n-1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 20.72
\nEvaluated at bid price : 20.72
\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 18.53
\nEvaluated at bid price : 18.53
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset<\/td>\n-1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 19.60
\nEvaluated at bid price : 19.60
\nBid-YTW : 4.60 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 17.57
\nEvaluated at bid price : 17.57
\nBid-YTW : 4.76 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 21.32
\nEvaluated at bid price : 21.32
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n
BAM.PF.D<\/td>\nPerpetual-Discount<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 21.41
\nEvaluated at bid price : 21.41
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
VNR.PR.A<\/td>\nFixedReset<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 19.66
\nEvaluated at bid price : 19.66
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 20.18
\nEvaluated at bid price : 20.18
\nBid-YTW : 4.47 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 13.47
\nEvaluated at bid price : 13.47
\nBid-YTW : 4.91 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset<\/td>\n1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 12.94
\nEvaluated at bid price : 12.94
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 15.38
\nEvaluated at bid price : 15.38
\nBid-YTW : 3.90 %<\/td>\n<\/tr>\n
IFC.PR.D<\/td>\nFloatingReset<\/td>\n24.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.62
\nBid-YTW : 6.59 %<\/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
FTS.PR.M<\/td>\nFixedReset<\/td>\n150,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 19.64
\nEvaluated at bid price : 19.64
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n
BAM.PF.I<\/td>\nFixedReset<\/td>\n96,888<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.20
\nBid-YTW : 4.74 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n78,298<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 22.36
\nEvaluated at bid price : 22.68
\nBid-YTW : 5.44 %<\/td>\n<\/tr>\n
PVS.PR.D<\/td>\nSplitShare<\/td>\n65,077<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2021-10-08
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.80
\nBid-YTW : 4.75 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nDeemed-Retractible<\/td>\n64,800<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.20
\nBid-YTW : 7.00 %<\/td>\n<\/tr>\n
TD.PF.H<\/td>\nFixedReset<\/td>\n54,520<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.62
\nBid-YTW : 4.48 %<\/td>\n<\/tr>\n
There were 87 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
BAM.PR.T<\/td>\nFixedReset<\/td>\nQuote: 17.12 – 17.44
\nSpot Rate : 0.3200
\nAverage : 0.1832<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 17.12
\nEvaluated at bid price : 17.12
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n

BNS.PR.Z<\/td>\nFixedReset<\/td>\nQuote: 20.61 – 20.93
\nSpot Rate : 0.3200
\nAverage : 0.1857<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.61
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n

CM.PR.P<\/td>\nFixedReset<\/td>\nQuote: 19.11 – 19.45
\nSpot Rate : 0.3400
\nAverage : 0.2194<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 19.11
\nEvaluated at bid price : 19.11
\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n

CM.PR.Q<\/td>\nFixedReset<\/td>\nQuote: 21.32 – 21.62
\nSpot Rate : 0.3000
\nAverage : 0.1848<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-19
\nMaturity Price : 21.32
\nEvaluated at bid price : 21.32
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n

BAM.PF.H<\/td>\nFixedReset<\/td>\nQuote: 25.91 – 26.19
\nSpot Rate : 0.2800
\nAverage : 0.1743<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.91
\nBid-YTW : 3.99 %<\/td>\n<\/tr>\n

SLF.PR.G<\/td>\nFixedReset<\/td>\nQuote: 15.10 – 15.46
\nSpot Rate : 0.3600
\nAverage : 0.2583<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 15.10
\nBid-YTW : 9.57 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Geez, I’m the only one who uses cash any more: Finally, this survey documents a pronounced shift in how Americans engage with one of the oldest elements of the modern economy: physical currency. Today nearly …<\/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-47976","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47976","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=47976"}],"version-history":[{"count":2,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47976\/revisions"}],"predecessor-version":[{"id":47978,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47976\/revisions\/47978"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}