{"id":33051,"date":"2016-05-16T21:56:20","date_gmt":"2016-05-17T02:56:20","guid":{"rendered":"http:\/\/prefblog.com\/?p=33051"},"modified":"2016-05-16T21:56:20","modified_gmt":"2016-05-17T02:56:20","slug":"may-16-2016","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=33051","title":{"rendered":"May 16, 2016"},"content":{"rendered":"

The BoC has released the Bank of Canada Review – Spring 2016<\/a>.<\/p>\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>\n4.66 %<\/td>\n5.67 %<\/td>\n12,333<\/td>\n17.07<\/td>\n1<\/td>\n0.6250 %<\/td>\n1,692.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n6.62 %<\/td>\n5.74 %<\/td>\n18,307<\/td>\n16.79<\/td>\n1<\/td>\n0.0000 %<\/td>\n3,052.8<\/td>\n<\/tr>\n
Floater<\/td>\n4.52 %<\/td>\n4.75 %<\/td>\n43,664<\/td>\n15.90<\/td>\n4<\/td>\n-0.1911 %<\/td>\n1,716.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1906 %<\/td>\n2,819.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.93 %<\/td>\n5.47 %<\/td>\n82,625<\/td>\n2.46<\/td>\n7<\/td>\n0.1906 %<\/td>\n3,299.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1906 %<\/td>\n2,574.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.77 %<\/td>\n-10.51 %<\/td>\n78,439<\/td>\n0.08<\/td>\n6<\/td>\n0.0394 %<\/td>\n2,596.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.48 %<\/td>\n5.59 %<\/td>\n102,937<\/td>\n14.49<\/td>\n33<\/td>\n0.2506 %<\/td>\n2,677.8<\/td>\n<\/tr>\n
FixedReset<\/td>\n5.21 %<\/td>\n4.74 %<\/td>\n168,276<\/td>\n7.48<\/td>\n88<\/td>\n-0.1845 %<\/td>\n1,965.0<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.16 %<\/td>\n5.67 %<\/td>\n131,472<\/td>\n6.77<\/td>\n33<\/td>\n0.1590 %<\/td>\n2,663.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.16 %<\/td>\n5.15 %<\/td>\n25,182<\/td>\n5.29<\/td>\n17<\/td>\n0.1732 %<\/td>\n2,083.1<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset<\/td>\n-3.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-05-16
\nMaturity Price : 18.93
\nEvaluated at bid price : 18.93
\nBid-YTW : 4.67 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset<\/td>\n-2.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-05-16
\nMaturity Price : 18.89
\nEvaluated at bid price : 18.89
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset<\/td>\n-2.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.90
\nBid-YTW : 8.10 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset<\/td>\n-1.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-05-16
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset<\/td>\n-1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-05-16
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 4.36 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-05-16
\nMaturity Price : 20.67
\nEvaluated at bid price : 20.67
\nBid-YTW : 4.38 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset<\/td>\n-1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 15.31
\nBid-YTW : 9.60 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-05-16
\nMaturity Price : 18.46
\nEvaluated at bid price : 18.46
\nBid-YTW : 4.42 %<\/td>\n<\/tr>\n
CIU.PR.A<\/td>\nPerpetual-Discount<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-05-16
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n
FTS.PR.I<\/td>\nFloatingReset<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-05-16
\nMaturity Price : 11.70
\nEvaluated at bid price : 11.70
\nBid-YTW : 4.21 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 13.00
\nBid-YTW : 10.54 %<\/td>\n<\/tr>\n
HSE.PR.B<\/td>\nFloatingReset<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-05-16
\nMaturity Price : 10.35
\nEvaluated at bid price : 10.35
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset<\/td>\n1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-05-16
\nMaturity Price : 16.61
\nEvaluated at bid price : 16.61
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset<\/td>\n1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 13.85
\nBid-YTW : 9.95 %<\/td>\n<\/tr>\n
GWO.PR.O<\/td>\nFloatingReset<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 13.00
\nBid-YTW : 10.37 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset<\/td>\n3.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-05-16
\nMaturity Price : 11.65
\nEvaluated at bid price : 11.65
\nBid-YTW : 5.26 %<\/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
BAM.PR.K<\/td>\nFloater<\/td>\n69,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-05-16
\nMaturity Price : 10.06
\nEvaluated at bid price : 10.06
\nBid-YTW : 4.75 %<\/td>\n<\/tr>\n
BAM.PF.H<\/td>\nFixedReset<\/td>\n49,818<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.02
\nBid-YTW : 4.19 %<\/td>\n<\/tr>\n
NA.PR.X<\/td>\nFixedReset<\/td>\n49,091<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.20
\nBid-YTW : 4.54 %<\/td>\n<\/tr>\n
MFC.PR.O<\/td>\nFixedReset<\/td>\n44,088<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-06-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.00
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset<\/td>\n39,594<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-05-16
\nMaturity Price : 14.95
\nEvaluated at bid price : 14.95
\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset<\/td>\n32,625<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-05-16
\nMaturity Price : 17.55
\nEvaluated at bid price : 17.55
\nBid-YTW : 5.01 %<\/td>\n<\/tr>\n
There were 40 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
CM.PR.Q<\/td>\nFixedReset<\/td>\nQuote: 18.93 – 19.50
\nSpot Rate : 0.5700
\nAverage : 0.3855<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-05-16
\nMaturity Price : 18.93
\nEvaluated at bid price : 18.93
\nBid-YTW : 4.67 %<\/td>\n<\/tr>\n

ALB.PR.C<\/td>\nSplitShare<\/td>\nQuote: 26.05 – 26.88
\nSpot Rate : 0.8300
\nAverage : 0.6523<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2017-02-28
\nMaturity Price : 25.67
\nEvaluated at bid price : 26.05
\nBid-YTW : 2.58 %<\/td>\n<\/tr>\n

CU.PR.C<\/td>\nFixedReset<\/td>\nQuote: 18.00 – 18.43
\nSpot Rate : 0.4300
\nAverage : 0.2878<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-05-16
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 4.36 %<\/td>\n<\/tr>\n

CU.PR.I<\/td>\nFixedReset<\/td>\nQuote: 25.45 – 25.93
\nSpot Rate : 0.4800
\nAverage : 0.3824<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.45
\nBid-YTW : 4.04 %<\/td>\n<\/tr>\n

SLF.PR.H<\/td>\nFixedReset<\/td>\nQuote: 16.12 – 16.69
\nSpot Rate : 0.5700
\nAverage : 0.4754<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 16.12
\nBid-YTW : 8.96 %<\/td>\n<\/tr>\n

TRP.PR.I<\/td>\nFloatingReset<\/td>\nQuote: 10.75 – 12.28
\nSpot Rate : 1.5300
\nAverage : 1.4562<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-05-16
\nMaturity Price : 10.75
\nEvaluated at bid price : 10.75
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

The BoC has released the Bank of Canada Review – Spring 2016. HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW …<\/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-33051","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/33051","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=33051"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/33051\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}