Drones seem to be working well in Rwanda:
The San Francisco-based robotics company is called Zipline, and it introduced a fleet of medical delivery drones into Rwanda early this year. The drones delivered blood to 21 blood transfusing facilities in western Rwanda with the government’s assistance.
The drones resemble small single prop aircraft and are designed to deliver life-saving resources to any area of Western Rwanda within 15-35 minutes, despite the remoteness of the location. So far, the operation makes about 500 deliveries a day.
| HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
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| 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 | -0.8274 % | 2,411.8 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.8274 % | 4,425.5 |
| Floater | 3.89 % | 3.94 % | 105,017 | 17.47 | 3 | -0.8274 % | 2,550.5 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0475 % | 3,067.0 |
| SplitShare | 4.75 % | 4.50 % | 60,432 | 3.71 | 5 | -0.0475 % | 3,662.7 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0475 % | 2,857.8 |
| Perpetual-Premium | 5.42 % | 4.80 % | 60,272 | 5.84 | 16 | 0.0692 % | 2,776.3 |
| Perpetual-Discount | 5.34 % | 5.42 % | 67,705 | 14.72 | 19 | -0.0568 % | 2,895.3 |
| FixedReset | 4.36 % | 4.52 % | 146,212 | 6.27 | 98 | 0.0742 % | 2,396.8 |
| Deemed-Retractible | 5.15 % | 5.69 % | 96,231 | 6.08 | 31 | -0.1778 % | 2,842.6 |
| FloatingReset | 2.85 % | 3.22 % | 44,097 | 4.13 | 8 | -0.2204 % | 2,621.5 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| IFC.PR.E | Deemed-Retractible | -3.22 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 23.71 Bid-YTW : 6.39 % |
| SLF.PR.J | FloatingReset | -1.77 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 16.61 Bid-YTW : 8.55 % |
| SLF.PR.G | FixedReset | -1.73 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 17.00 Bid-YTW : 8.72 % |
| PVS.PR.E | SplitShare | -1.15 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-10-31 Maturity Price : 25.00 Evaluated at bid price : 25.80 Bid-YTW : 4.83 % |
| BAM.PR.B | Floater | -1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2047-09-08 Maturity Price : 14.40 Evaluated at bid price : 14.40 Bid-YTW : 3.94 % |
| HSE.PR.C | FixedReset | 1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2047-09-08 Maturity Price : 22.74 Evaluated at bid price : 23.35 Bid-YTW : 5.11 % |
| CU.PR.C | FixedReset | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2047-09-08 Maturity Price : 21.60 Evaluated at bid price : 21.60 Bid-YTW : 4.79 % |
| HSE.PR.A | FixedReset | 1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2047-09-08 Maturity Price : 16.82 Evaluated at bid price : 16.82 Bid-YTW : 4.81 % |
| TRP.PR.B | FixedReset | 1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2047-09-08 Maturity Price : 15.05 Evaluated at bid price : 15.05 Bid-YTW : 4.77 % |
| EIT.PR.A | SplitShare | 1.76 % | YTW SCENARIO Maturity Type : Soft Maturity Maturity Date : 2024-03-14 Maturity Price : 25.00 Evaluated at bid price : 25.44 Bid-YTW : 4.50 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| NA.PR.A | FixedReset | 137,100 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-08-15 Maturity Price : 25.00 Evaluated at bid price : 26.25 Bid-YTW : 4.14 % |
| TRP.PR.B | FixedReset | 111,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2047-09-08 Maturity Price : 15.05 Evaluated at bid price : 15.05 Bid-YTW : 4.77 % |
| TD.PF.H | FixedReset | 103,513 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-10-31 Maturity Price : 25.00 Evaluated at bid price : 26.20 Bid-YTW : 3.74 % |
| MFC.PR.I | FixedReset | 83,748 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 23.70 Bid-YTW : 5.44 % |
| NA.PR.C | FixedReset | 69,554 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-11-15 Maturity Price : 25.00 Evaluated at bid price : 25.22 Bid-YTW : 4.51 % |
| PVS.PR.D | SplitShare | 57,465 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2021-10-08 Maturity Price : 25.00 Evaluated at bid price : 25.00 Bid-YTW : 4.53 % |
| There were 23 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| IFC.PR.E | Deemed-Retractible | Quote: 23.71 – 24.55 Spot Rate : 0.8400 Average : 0.5159 YTW SCENARIO |
| VNR.PR.A | FixedReset | Quote: 22.20 – 22.75 Spot Rate : 0.5500 Average : 0.3605 YTW SCENARIO |
| BNS.PR.D | FloatingReset | Quote: 22.39 – 22.79 Spot Rate : 0.4000 Average : 0.2206 YTW SCENARIO |
| TRP.PR.D | FixedReset | Quote: 22.00 – 22.49 Spot Rate : 0.4900 Average : 0.3511 YTW SCENARIO |
| GWO.PR.H | Deemed-Retractible | Quote: 22.60 – 22.93 Spot Rate : 0.3300 Average : 0.2150 YTW SCENARIO |
| CU.PR.E | Perpetual-Discount | Quote: 23.05 – 23.45 Spot Rate : 0.4000 Average : 0.2915 YTW SCENARIO |