{"id":51140,"date":"2024-12-20T21:26:00","date_gmt":"2024-12-21T02:26:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=51140"},"modified":"2025-11-28T21:26:29","modified_gmt":"2025-11-29T02:26:29","slug":"december-20-2024","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51140","title":{"rendered":"December 20, 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>\n0.1006 %<\/td>\n2,274.1<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1006 %<\/td>\n4,361.6<\/td>\n<\/tr>\n
Floater<\/td>\n7.67 %<\/td>\n7.84 %<\/td>\n34,847<\/td>\n11.61<\/td>\n4<\/td>\n0.1006 %<\/td>\n2,513.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1369 %<\/td>\n3,615.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.78 %<\/td>\n4.80 %<\/td>\n62,123<\/td>\n2.07<\/td>\n7<\/td>\n-0.1369 %<\/td>\n4,317.5<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1369 %<\/td>\n3,368.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0336 %<\/td>\n2,862.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.00 %<\/td>\n6.16 %<\/td>\n56,056<\/td>\n13.58<\/td>\n32<\/td>\n-0.0336 %<\/td>\n3,121.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.40 %<\/td>\n6.58 %<\/td>\n104,854<\/td>\n12.87<\/td>\n53<\/td>\n0.2130 %<\/td>\n2,785.9<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.96 %<\/td>\n6.06 %<\/td>\n65,963<\/td>\n13.87<\/td>\n21<\/td>\n0.3351 %<\/td>\n3,037.2<\/td>\n<\/tr>\n
FloatingReset<\/td>\n6.44 %<\/td>\n6.14 %<\/td>\n36,308<\/td>\n13.11<\/td>\n4<\/td>\n0.0351 %<\/td>\n3,335.9<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.03 %<\/td>\n5.56 %<\/td>\n198,951<\/td>\n13.76<\/td>\n9<\/td>\n-0.0433 %<\/td>\n2,599.9<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2130 %<\/td>\n2,847.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.15 %<\/td>\n6.03 %<\/td>\n87,973<\/td>\n13.81<\/td>\n14<\/td>\n0.2985 %<\/td>\n2,854.4<\/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
BN.PR.N<\/td>\nPerpetual-Discount<\/td>\n-8.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 17.15
\nEvaluated at bid price : 17.15
\nBid-YTW : 6.97 %<\/td>\n<\/tr>\n
ENB.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 18.95
\nEvaluated at bid price : 18.95
\nBid-YTW : 7.43 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 23.01
\nEvaluated at bid price : 23.76
\nBid-YTW : 6.81 %<\/td>\n<\/tr>\n
RY.PR.N<\/td>\nPerpetual-Discount<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 23.95
\nEvaluated at bid price : 24.20
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 22.02
\nEvaluated at bid price : 22.50
\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 22.03
\nEvaluated at bid price : 22.55
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 18.61
\nEvaluated at bid price : 18.61
\nBid-YTW : 7.30 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 20.75
\nEvaluated at bid price : 20.75
\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 15.29
\nEvaluated at bid price : 15.29
\nBid-YTW : 6.76 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 21.46
\nEvaluated at bid price : 21.80
\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 19.40
\nEvaluated at bid price : 19.40
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 23.11
\nEvaluated at bid price : 24.20
\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 21.11
\nEvaluated at bid price : 21.11
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.78 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 21.42
\nEvaluated at bid price : 21.68
\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n
FFH.PR.K<\/td>\nFixedReset Disc<\/td>\n1.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 23.02
\nEvaluated at bid price : 23.85
\nBid-YTW : 6.58 %<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\n2.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 21.80
\nEvaluated at bid price : 22.04
\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n
FFH.PR.G<\/td>\nFixedReset Disc<\/td>\n2.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 21.44
\nEvaluated at bid price : 21.75
\nBid-YTW : 6.25 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n2.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 20.95
\nEvaluated at bid price : 20.95
\nBid-YTW : 6.48 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n5.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 6.15 %<\/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
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n840,500<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.13
\nBid-YTW : 3.99 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n115,085<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-02-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.08
\nBid-YTW : 4.12 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n30,150<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 13.15
\nEvaluated at bid price : 13.15
\nBid-YTW : 7.38 %<\/td>\n<\/tr>\n
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n28,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 17.75
\nEvaluated at bid price : 17.75
\nBid-YTW : 7.18 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Prem<\/td>\n23,080<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 23.40
\nEvaluated at bid price : 25.22
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Prem<\/td>\n21,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 25.49
\nEvaluated at bid price : 25.49
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
There were 10 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.N<\/td>\nPerpetual-Discount<\/td>\nQuote: 17.15 – 18.70
\nSpot Rate : 1.5500
\nAverage : 0.9088<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 17.15
\nEvaluated at bid price : 17.15
\nBid-YTW : 6.97 %<\/td>\n<\/tr>\n

PVS.PR.K<\/td>\nSplitShare<\/td>\nQuote: 24.92 – 25.88
\nSpot Rate : 0.9600
\nAverage : 0.6760<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2029-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.92
\nBid-YTW : 4.60 %<\/td>\n<\/tr>\n

POW.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.83 – 23.45
\nSpot Rate : 0.6200
\nAverage : 0.3573<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 22.58
\nEvaluated at bid price : 22.83
\nBid-YTW : 6.25 %<\/td>\n<\/tr>\n

IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\nQuote: 20.22 – 21.13
\nSpot Rate : 0.9100
\nAverage : 0.7366<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 20.22
\nEvaluated at bid price : 20.22
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n

RY.PR.N<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.20 – 24.80
\nSpot Rate : 0.6000
\nAverage : 0.4368<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 23.95
\nEvaluated at bid price : 24.20
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n

CU.PR.J<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.50 – 20.21
\nSpot Rate : 0.7100
\nAverage : 0.5724<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-12-20
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 6.16 %<\/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-51140","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51140","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=51140"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51140\/revisions"}],"predecessor-version":[{"id":51141,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51140\/revisions\/51141"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}