{"id":51132,"date":"2024-12-27T21:18:00","date_gmt":"2024-12-28T02:18:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=51132"},"modified":"2025-11-28T21:19:00","modified_gmt":"2025-11-29T02:19:00","slug":"december-27-2024","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51132","title":{"rendered":"December 27, 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>\n0.0000 %<\/td>\n2,275.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0000 %<\/td>\n4,365.1<\/td>\n<\/tr>\n
Floater<\/td>\n7.66 %<\/td>\n7.92 %<\/td>\n38,531<\/td>\n11.51<\/td>\n4<\/td>\n0.0000 %<\/td>\n2,515.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2502 %<\/td>\n3,621.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.77 %<\/td>\n4.81 %<\/td>\n58,179<\/td>\n2.05<\/td>\n7<\/td>\n-0.2502 %<\/td>\n4,324.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2502 %<\/td>\n3,374.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0951 %<\/td>\n2,864.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.00 %<\/td>\n6.15 %<\/td>\n55,991<\/td>\n13.66<\/td>\n32<\/td>\n0.0951 %<\/td>\n3,123.0<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.39 %<\/td>\n6.67 %<\/td>\n99,466<\/td>\n12.65<\/td>\n53<\/td>\n-0.0485 %<\/td>\n2,789.7<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.97 %<\/td>\n6.05 %<\/td>\n64,355<\/td>\n13.85<\/td>\n21<\/td>\n-0.1884 %<\/td>\n3,034.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n6.45 %<\/td>\n6.09 %<\/td>\n39,673<\/td>\n13.08<\/td>\n4<\/td>\n-0.3272 %<\/td>\n3,325.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.03 %<\/td>\n5.62 %<\/td>\n189,750<\/td>\n13.40<\/td>\n9<\/td>\n0.1172 %<\/td>\n2,600.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0485 %<\/td>\n2,851.6<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.27 %<\/td>\n6.05 %<\/td>\n79,018<\/td>\n13.74<\/td>\n14<\/td>\n0.6399 %<\/td>\n2,869.2<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
POW.PR.C<\/td>\nPerpetual-Discount<\/td>\n-2.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 23.17
\nEvaluated at bid price : 23.43
\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n
BIP.PR.B<\/td>\nFixedReset Disc<\/td>\n-2.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.62
\nBid-YTW : 7.08 %<\/td>\n<\/tr>\n
ENB.PR.D<\/td>\nFixedReset Disc<\/td>\n-1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 18.67
\nEvaluated at bid price : 18.67
\nBid-YTW : 7.39 %<\/td>\n<\/tr>\n
BN.PF.J<\/td>\nFixedReset Disc<\/td>\n-1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 22.47
\nEvaluated at bid price : 23.05
\nBid-YTW : 6.73 %<\/td>\n<\/tr>\n
FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 20.17
\nEvaluated at bid price : 20.17
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n
PVS.PR.K<\/td>\nSplitShare<\/td>\n-1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2029-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.74
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n
BN.PF.I<\/td>\nFixedReset Disc<\/td>\n-1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 23.13
\nEvaluated at bid price : 24.05
\nBid-YTW : 6.95 %<\/td>\n<\/tr>\n
FFH.PR.F<\/td>\nFloatingReset<\/td>\n-1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 21.83
\nEvaluated at bid price : 22.10
\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n
GWO.PR.M<\/td>\nInsurance Straight<\/td>\n-1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 23.51
\nEvaluated at bid price : 23.78
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n
POW.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 22.49
\nEvaluated at bid price : 22.75
\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n
ENB.PR.J<\/td>\nFixedReset Disc<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 20.25
\nEvaluated at bid price : 20.25
\nBid-YTW : 7.20 %<\/td>\n<\/tr>\n
ENB.PR.N<\/td>\nFixedReset Disc<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 22.25
\nEvaluated at bid price : 22.84
\nBid-YTW : 6.61 %<\/td>\n<\/tr>\n
PWF.PR.H<\/td>\nPerpetual-Discount<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 23.25
\nEvaluated at bid price : 23.55
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
ENB.PR.A<\/td>\nPerpetual-Discount<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 22.98
\nEvaluated at bid price : 23.25
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
PWF.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 24.09
\nEvaluated at bid price : 24.35
\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 21.01
\nEvaluated at bid price : 21.01
\nBid-YTW : 6.67 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 15.40
\nEvaluated at bid price : 15.40
\nBid-YTW : 6.83 %<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Disc<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 20.98
\nEvaluated at bid price : 20.98
\nBid-YTW : 6.98 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 21.94
\nEvaluated at bid price : 22.44
\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 23.26
\nEvaluated at bid price : 24.75
\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n1.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 15.97
\nEvaluated at bid price : 15.97
\nBid-YTW : 7.01 %<\/td>\n<\/tr>\n
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n
ENB.PF.E<\/td>\nFixedReset Disc<\/td>\n2.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 18.90
\nEvaluated at bid price : 18.90
\nBid-YTW : 7.55 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n4.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 16.45
\nEvaluated at bid price : 16.45
\nBid-YTW : 6.71 %<\/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
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n42,450<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.15
\nBid-YTW : 3.86 %<\/td>\n<\/tr>\n
ENB.PF.C<\/td>\nFixedReset Disc<\/td>\n30,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 19.40
\nEvaluated at bid price : 19.40
\nBid-YTW : 7.42 %<\/td>\n<\/tr>\n
FFH.PR.F<\/td>\nFloatingReset<\/td>\n25,146<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 21.83
\nEvaluated at bid price : 22.10
\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n24,500<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-02-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.10
\nBid-YTW : 4.10 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n20,638<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 15.97
\nEvaluated at bid price : 15.97
\nBid-YTW : 7.01 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n17,098<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 18.75
\nEvaluated at bid price : 18.75
\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n
There were 1 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.PR.X<\/td>\nFixedReset Disc<\/td>\nQuote: 16.50 – 17.95
\nSpot Rate : 1.4500
\nAverage : 0.9573<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 16.50
\nEvaluated at bid price : 16.50
\nBid-YTW : 7.37 %<\/td>\n<\/tr>\n

CU.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.25 – 20.93
\nSpot Rate : 1.6800
\nAverage : 1.3456<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 19.25
\nEvaluated at bid price : 19.25
\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n

GWO.PR.M<\/td>\nInsurance Straight<\/td>\nQuote: 23.78 – 24.50
\nSpot Rate : 0.7200
\nAverage : 0.4599<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 23.51
\nEvaluated at bid price : 23.78
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n

BN.PF.J<\/td>\nFixedReset Disc<\/td>\nQuote: 23.05 – 24.00
\nSpot Rate : 0.9500
\nAverage : 0.7337<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 22.47
\nEvaluated at bid price : 23.05
\nBid-YTW : 6.73 %<\/td>\n<\/tr>\n

BIP.PR.B<\/td>\nFixedReset Disc<\/td>\nQuote: 24.62 – 25.40
\nSpot Rate : 0.7800
\nAverage : 0.5685<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.62
\nBid-YTW : 7.08 %<\/td>\n<\/tr>\n

ENB.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 18.90 – 19.95
\nSpot Rate : 1.0500
\nAverage : 0.9071<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-27
\nMaturity Price : 18.90
\nEvaluated at bid price : 18.90
\nBid-YTW : 7.55 %<\/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-51132","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51132","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=51132"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51132\/revisions"}],"predecessor-version":[{"id":51133,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51132\/revisions\/51133"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}