And that’s 2017, done and dusted! Best wishes for the new year, everybody!
| 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 | 1.4957 % | 2,591.1 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 1.4957 % | 4,754.5 |
| Floater | 3.55 % | 3.71 % | 35,550 | 18.03 | 4 | 1.4957 % | 2,740.0 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1324 % | 3,152.6 |
| SplitShare | 4.66 % | 4.08 % | 64,503 | 3.45 | 5 | 0.1324 % | 3,764.9 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1324 % | 2,937.5 |
| Perpetual-Premium | 5.36 % | 2.44 % | 46,977 | 0.09 | 20 | 0.2244 % | 2,853.4 |
| Perpetual-Discount | 5.23 % | 5.28 % | 63,343 | 14.92 | 14 | 0.0123 % | 3,009.6 |
| FixedReset | 4.23 % | 4.33 % | 139,639 | 3.97 | 98 | 0.2673 % | 2,509.0 |
| Deemed-Retractible | 5.07 % | 5.19 % | 82,135 | 5.89 | 30 | 0.1049 % | 2,943.2 |
| FloatingReset | 2.83 % | 2.73 % | 42,418 | 3.85 | 8 | 0.3178 % | 2,707.3 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| GWO.PR.N | FixedReset | -1.03 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 18.21 Bid-YTW : 7.77 % |
| TRP.PR.E | FixedReset | 1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2047-12-29 Maturity Price : 22.85 Evaluated at bid price : 23.21 Bid-YTW : 4.49 % |
| RY.PR.J | FixedReset | 1.22 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2020-05-24 Maturity Price : 25.00 Evaluated at bid price : 24.86 Bid-YTW : 4.02 % |
| RY.PR.R | FixedReset | 1.31 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-08-24 Maturity Price : 25.00 Evaluated at bid price : 27.03 Bid-YTW : 3.30 % |
| TRP.PR.A | FixedReset | 1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2047-12-29 Maturity Price : 20.10 Evaluated at bid price : 20.10 Bid-YTW : 4.63 % |
| BAM.PR.R | FixedReset | 1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2047-12-29 Maturity Price : 20.15 Evaluated at bid price : 20.15 Bid-YTW : 4.88 % |
| PWF.PR.A | Floater | 3.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2047-12-29 Maturity Price : 17.96 Evaluated at bid price : 17.96 Bid-YTW : 3.14 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| TD.PF.C | FixedReset | 17,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2047-12-29 Maturity Price : 22.95 Evaluated at bid price : 23.27 Bid-YTW : 4.38 % |
| GWO.PR.T | Deemed-Retractible | 17,123 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 24.70 Bid-YTW : 5.38 % |
| RY.PR.I | FixedReset | 17,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2019-02-24 Maturity Price : 25.00 Evaluated at bid price : 25.08 Bid-YTW : 3.55 % |
| NA.PR.S | FixedReset | 12,119 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2047-12-29 Maturity Price : 23.30 Evaluated at bid price : 23.75 Bid-YTW : 4.47 % |
| NA.PR.X | FixedReset | 10,900 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-05-15 Maturity Price : 25.00 Evaluated at bid price : 27.05 Bid-YTW : 3.25 % |
| There were 0 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| BAM.PF.E | FixedReset | Quote: 23.69 – 24.01 Spot Rate : 0.3200 Average : 0.2109 YTW SCENARIO |
| POW.PR.G | Perpetual-Premium | Quote: 25.46 – 25.75 Spot Rate : 0.2900 Average : 0.1873 YTW SCENARIO |
| GWO.PR.G | Deemed-Retractible | Quote: 24.71 – 25.10 Spot Rate : 0.3900 Average : 0.2930 YTW SCENARIO |
| GWO.PR.N | FixedReset | Quote: 18.21 – 18.45 Spot Rate : 0.2400 Average : 0.1597 YTW SCENARIO |
| CCS.PR.C | Deemed-Retractible | Quote: 23.65 – 23.96 Spot Rate : 0.3100 Average : 0.2357 YTW SCENARIO |
| IFC.PR.C | FixedReset | Quote: 23.28 – 23.64 Spot Rate : 0.3600 Average : 0.2954 YTW SCENARIO |
Hi James,
Happy New Year to you and to your all readers as well. Also thank you for your blog and for the time spent to answer to our questions.