April 26, 2018

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 -1.5662 % 2,889.9
FixedFloater 0.00 % 0.00 % 0 0.00 0 -1.5662 % 5,302.8
Floater 3.46 % 3.70 % 90,737 18.06 4 -1.5662 % 3,056.0
OpRet 0.00 % 0.00 % 0 0.00 0 -0.0952 % 3,148.7
SplitShare 4.62 % 4.73 % 78,435 5.08 5 -0.0952 % 3,760.2
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.0952 % 2,933.9
Perpetual-Premium 5.58 % -0.62 % 79,192 0.09 11 -0.0144 % 2,864.6
Perpetual-Discount 5.42 % 5.43 % 68,724 14.76 24 -0.1076 % 2,935.1
FixedReset 4.33 % 4.82 % 162,141 5.72 104 0.1837 % 2,506.7
Deemed-Retractible 5.16 % 5.69 % 87,486 5.63 28 0.0437 % 2,936.4
FloatingReset 3.08 % 3.25 % 32,319 3.56 11 -0.0444 % 2,753.3
Performance Highlights
Issue Index Change Notes
BAM.PR.K Floater -2.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2048-04-26
Maturity Price : 16.34
Evaluated at bid price : 16.34
Bid-YTW : 3.72 %
BAM.PR.X FixedReset -2.09 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2048-04-26
Maturity Price : 17.37
Evaluated at bid price : 17.37
Bid-YTW : 5.34 %
BAM.PR.C Floater -1.85 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2048-04-26
Maturity Price : 16.42
Evaluated at bid price : 16.42
Bid-YTW : 3.70 %
BAM.PR.B Floater -1.62 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2048-04-26
Maturity Price : 16.42
Evaluated at bid price : 16.42
Bid-YTW : 3.70 %
W.PR.M FixedReset -1.37 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-10-15
Maturity Price : 25.00
Evaluated at bid price : 25.20
Bid-YTW : 5.03 %
PWF.PR.Q FloatingReset -1.05 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2048-04-26
Maturity Price : 20.83
Evaluated at bid price : 20.83
Bid-YTW : 3.34 %
IFC.PR.A FixedReset 1.23 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-01-31
Maturity Price : 25.00
Evaluated at bid price : 19.79
Bid-YTW : 7.61 %
Volume Highlights
Issue Index Shares
Traded
Notes
TRP.PR.K FixedReset 182,788 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-05-31
Maturity Price : 25.00
Evaluated at bid price : 25.99
Bid-YTW : 4.07 %
TRP.PR.J FixedReset 128,579 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-31
Maturity Price : 25.00
Evaluated at bid price : 26.40
Bid-YTW : 3.88 %
TRP.PR.F FloatingReset 96,871 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2048-04-26
Maturity Price : 19.52
Evaluated at bid price : 19.52
Bid-YTW : 4.01 %
CM.PR.R FixedReset 77,909 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-07-31
Maturity Price : 25.00
Evaluated at bid price : 25.00
Bid-YTW : 4.41 %
MFC.PR.R FixedReset 65,119 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-19
Maturity Price : 25.00
Evaluated at bid price : 26.10
Bid-YTW : 3.78 %
HSE.PR.G FixedReset 60,700 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2020-06-30
Maturity Price : 25.00
Evaluated at bid price : 25.01
Bid-YTW : 4.76 %
There were 15 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
BAM.PR.X FixedReset Quote: 17.37 – 17.95
Spot Rate : 0.5800
Average : 0.3582

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2048-04-26
Maturity Price : 17.37
Evaluated at bid price : 17.37
Bid-YTW : 5.34 %

MFC.PR.L FixedReset Quote: 22.74 – 23.07
Spot Rate : 0.3300
Average : 0.2117

YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-01-31
Maturity Price : 25.00
Evaluated at bid price : 22.74
Bid-YTW : 6.00 %

IAG.PR.A Deemed-Retractible Quote: 21.83 – 22.24
Spot Rate : 0.4100
Average : 0.2955

YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-01-31
Maturity Price : 25.00
Evaluated at bid price : 21.83
Bid-YTW : 7.09 %

TD.PF.D FixedReset Quote: 24.11 – 24.40
Spot Rate : 0.2900
Average : 0.1803

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2048-04-26
Maturity Price : 23.15
Evaluated at bid price : 24.11
Bid-YTW : 4.92 %

BAM.PF.E FixedReset Quote: 22.89 – 23.20
Spot Rate : 0.3100
Average : 0.2055

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2048-04-26
Maturity Price : 22.56
Evaluated at bid price : 22.89
Bid-YTW : 5.15 %

CCS.PR.C Deemed-Retractible Quote: 23.00 – 23.62
Spot Rate : 0.6200
Average : 0.5195

YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-01-31
Maturity Price : 25.00
Evaluated at bid price : 23.00
Bid-YTW : 6.59 %

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