April 4, 2017

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices

Values are provisional and are finalized monthly
Index Mean
Current
Yield
(at bid)
Median
YTW
Median
Average
Trading
Value
Median
Mod Dur
(YTW)
Issues Day’s Perf. Index Value
Ratchet 0.00 % 0.00 % 0 0.00 0 0.7122 % 2,105.8
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.7122 % 3,864.0
Floater 3.61 % 3.75 % 43,081 17.99 4 0.7122 % 2,226.8
OpRet 0.00 % 0.00 % 0 0.00 0 0.0065 % 3,022.3
SplitShare 4.94 % 4.07 % 61,537 0.67 6 0.0065 % 3,609.3
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.0065 % 2,816.1
Perpetual-Premium 5.29 % -1.61 % 72,466 0.09 23 0.0526 % 2,772.2
Perpetual-Discount 5.13 % 5.10 % 116,102 15.26 13 0.4953 % 2,963.9
FixedReset 4.36 % 3.96 % 240,220 6.67 94 0.2221 % 2,364.7
Deemed-Retractible 5.02 % 0.66 % 143,812 0.14 31 0.2663 % 2,873.5
FloatingReset 2.57 % 3.22 % 52,332 4.53 9 0.0893 % 2,523.3
Performance Highlights
Issue Index Change Notes
GWO.PR.N FixedReset -1.18 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-01-31
Maturity Price : 25.00
Evaluated at bid price : 15.85
Bid-YTW : 8.89 %
TRP.PR.C FixedReset 1.00 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2047-04-04
Maturity Price : 16.14
Evaluated at bid price : 16.14
Bid-YTW : 3.96 %
TD.PF.A FixedReset 1.11 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2047-04-04
Maturity Price : 22.34
Evaluated at bid price : 22.76
Bid-YTW : 3.76 %
BAM.PR.K Floater 1.20 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2047-04-04
Maturity Price : 12.65
Evaluated at bid price : 12.65
Bid-YTW : 3.75 %
TD.PF.B FixedReset 1.25 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2047-04-04
Maturity Price : 22.36
Evaluated at bid price : 22.74
Bid-YTW : 3.77 %
Volume Highlights
Issue Index Shares
Traded
Notes
TD.PR.T FloatingReset 115,376 YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2022-01-31
Maturity Price : 25.00
Evaluated at bid price : 24.11
Bid-YTW : 3.08 %
BMO.PR.B FixedReset 97,541 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-25
Maturity Price : 25.00
Evaluated at bid price : 26.55
Bid-YTW : 3.60 %
BIP.PR.D FixedReset 82,219 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.27
Bid-YTW : 4.79 %
BNS.PR.H FixedReset 67,173 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-01-26
Maturity Price : 25.00
Evaluated at bid price : 26.18
Bid-YTW : 3.72 %
RY.PR.Z FixedReset 66,543 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2047-04-04
Maturity Price : 22.23
Evaluated at bid price : 22.53
Bid-YTW : 3.75 %
TD.PF.G FixedReset 60,035 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-04-30
Maturity Price : 25.00
Evaluated at bid price : 27.35
Bid-YTW : 3.29 %
There were 54 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
EIT.PR.A SplitShare Quote: 25.62 – 26.00
Spot Rate : 0.3800
Average : 0.2447

YTW SCENARIO
Maturity Type : Soft Maturity
Maturity Date : 2024-03-14
Maturity Price : 25.00
Evaluated at bid price : 25.62
Bid-YTW : 4.45 %

BAM.PF.H FixedReset Quote: 26.55 – 26.85
Spot Rate : 0.3000
Average : 0.1949

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2020-12-31
Maturity Price : 25.00
Evaluated at bid price : 26.55
Bid-YTW : 3.26 %

HSE.PR.A FixedReset Quote: 16.46 – 16.80
Spot Rate : 0.3400
Average : 0.2466

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2047-04-04
Maturity Price : 16.46
Evaluated at bid price : 16.46
Bid-YTW : 4.17 %

BAM.PR.T FixedReset Quote: 19.63 – 19.84
Spot Rate : 0.2100
Average : 0.1241

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2047-04-04
Maturity Price : 19.63
Evaluated at bid price : 19.63
Bid-YTW : 4.37 %

BAM.PR.X FixedReset Quote: 16.81 – 17.09
Spot Rate : 0.2800
Average : 0.1946

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2047-04-04
Maturity Price : 16.81
Evaluated at bid price : 16.81
Bid-YTW : 4.31 %

RY.PR.I FixedReset Quote: 24.62 – 24.81
Spot Rate : 0.1900
Average : 0.1175

YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2022-01-31
Maturity Price : 25.00
Evaluated at bid price : 24.62
Bid-YTW : 3.66 %

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