{"id":33818,"date":"2016-10-27T20:44:12","date_gmt":"2016-10-28T01:44:12","guid":{"rendered":"http:\/\/prefblog.com\/?p=33818"},"modified":"2016-10-27T20:44:12","modified_gmt":"2016-10-28T01:44:12","slug":"october-27-2016","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=33818","title":{"rendered":"October 27, 2016"},"content":{"rendered":"<p>Assiduous Reader <i>MichaelA<\/i> <a href=\"http:\/\/prefblog.com\/?p=33814#comment-194124\">brings to my attention<\/a> a wonderful, lengthy article on practical robotics research titled <a href=\"http:\/\/arstechnica.com\/information-technology\/2016\/10\/the-automation-revolution\/\">Pizza, the unsung agent of the robot revolution<\/a>:<\/p>\n<blockquote><p>It\u2019s often been said that without the online adult entertainment industry driving innovation on the Internet, the e-commerce and video streaming platforms that we take for granted today would never have matured so rapidly.<\/p>\n<p>In years to come, will we be saying the same about pizza\u2019s role in accelerating retail delivery technologies?<\/p><\/blockquote>\n<p>Pizza and porn, driving technological progress! You see, girls, us guys really do serve a higher purpose!<\/p>\n<table border='1'>\n<tr>\n<td colspan='8'><strong>HIMIPref&trade; Preferred Indices<br \/>These values reflect the December 2008 revision of the HIMIPref&trade; Indices<\/strong><br \/>Values are provisional and are finalized monthly<\/td>\n<\/tr>\n<tr>\n<td>Index<\/td>\n<td>Mean<br \/>Current<br \/>Yield<br \/>(at bid)<\/td>\n<td>Median<br \/>YTW<\/td>\n<td>Median<br \/>Average<br \/>Trading<br \/>Value<\/td>\n<td>Median<br \/>Mod Dur<br \/>(YTW)<\/td>\n<td>Issues<\/td>\n<td>Day&#8217;s Perf.<\/td>\n<td>Index Value<\/td>\n<\/tr>\n<tr>\n<td>Ratchet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.5533 %<\/td>\n<td>1,711.1<\/td>\n<\/tr>\n<tr>\n<td>FixedFloater<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.5533 %<\/td>\n<td>3,125.8<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>4.38 %<\/td>\n<td>4.53 %<\/td>\n<td>43,315<\/td>\n<td>16.36<\/td>\n<td>4<\/td>\n<td>-0.5533 %<\/td>\n<td>1,801.4<\/td>\n<\/tr>\n<tr>\n<td>OpRet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.0066 %<\/td>\n<td>2,898.8<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.83 %<\/td>\n<td>4.67 %<\/td>\n<td>41,414<\/td>\n<td>2.08<\/td>\n<td>6<\/td>\n<td>-0.0066 %<\/td>\n<td>3,461.8<\/td>\n<\/tr>\n<tr>\n<td>Interest-Bearing<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.0066 %<\/td>\n<td>2,701.0<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.35 %<\/td>\n<td>4.59 %<\/td>\n<td>77,139<\/td>\n<td>0.09<\/td>\n<td>23<\/td>\n<td>0.0652 %<\/td>\n<td>2,700.8<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.12 %<\/td>\n<td>5.10 %<\/td>\n<td>95,259<\/td>\n<td>15.29<\/td>\n<td>15<\/td>\n<td>0.2888 %<\/td>\n<td>2,913.5<\/td>\n<\/tr>\n<tr>\n<td>FixedReset<\/td>\n<td>4.85 %<\/td>\n<td>4.21 %<\/td>\n<td>178,263<\/td>\n<td>6.91<\/td>\n<td>93<\/td>\n<td>0.0870 %<\/td>\n<td>2,098.8<\/td>\n<\/tr>\n<tr>\n<td>Deemed-Retractible<\/td>\n<td>5.03 %<\/td>\n<td>3.21 %<\/td>\n<td>110,537<\/td>\n<td>0.42<\/td>\n<td>32<\/td>\n<td>-0.0407 %<\/td>\n<td>2,806.5<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>2.87 %<\/td>\n<td>3.63 %<\/td>\n<td>40,463<\/td>\n<td>4.93<\/td>\n<td>12<\/td>\n<td>0.1901 %<\/td>\n<td>2,267.0<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='4'><strong>Performance Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Change<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.A<\/td>\n<td>Floater<\/td>\n<td>-1.69 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-27<br \/>\nMaturity Price  : 11.60<br \/>\nEvaluated at bid price : 11.60<br \/>\nBid-YTW : 4.07 %<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='4'><strong>Volume Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Shares<br \/>Traded<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.B<\/td>\n<td>FixedReset<\/td>\n<td>340,735<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2022-02-25<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.70<br \/>\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.N<\/td>\n<td>FixedReset<\/td>\n<td>255,500<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 13.79<br \/>\nBid-YTW : 10.36 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.Q<\/td>\n<td>FixedReset<\/td>\n<td>224,651<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-05-24<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.65<br \/>\nBid-YTW : 3.84 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.J<\/td>\n<td>FixedReset<\/td>\n<td>154,271<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-05-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.56<br \/>\nBid-YTW : 4.23 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.R<\/td>\n<td>FixedReset<\/td>\n<td>152,724<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2022-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.67<br \/>\nBid-YTW : 3.40 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.R<\/td>\n<td>FixedReset<\/td>\n<td>113,522<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-08-24<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.74<br \/>\nBid-YTW : 3.84 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.H<\/td>\n<td>FixedReset<\/td>\n<td>111,873<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2022-01-26<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.93<br \/>\nBid-YTW : 4.20 %<\/td>\n<\/tr>\n<tr>\n<td colspan='4'>There were 29 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='3'><strong>Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Quote Data and Yield Notes<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.T<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 20.10 &#8211; 20.55<br \/>\nSpot Rate  :  0.4500<br \/>\nAverage  :  0.2955<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-27<br \/>\nMaturity Price  : 20.10<br \/>\nEvaluated at bid price : 20.10<br \/>\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n<tr>\n<td>IAG.PR.A<\/td>\n<td>Deemed-Retractible<\/td>\n<td>Quote: 23.30 &#8211; 23.79<br \/>\nSpot Rate  :  0.4900<br \/>\nAverage  :  0.3429<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 23.30<br \/>\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n<tr>\n<td>W.PR.K<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 26.01 &#8211; 26.30<br \/>\nSpot Rate  :  0.2900<br \/>\nAverage  :  0.2116<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-01-15<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.01<br \/>\nBid-YTW : 4.27 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.R<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 24.67 &#8211; 24.86<br \/>\nSpot Rate  :  0.1900<br \/>\nAverage  :  0.1251<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2022-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.67<br \/>\nBid-YTW : 3.40 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.F<\/td>\n<td>Deemed-Retractible<\/td>\n<td>Quote: 25.64 &#8211; 25.95<br \/>\nSpot Rate  :  0.3100<br \/>\nAverage  :  0.2467<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2016-11-26<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.64<br \/>\nBid-YTW : -18.69 %<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.J<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 23.74 &#8211; 23.95<br \/>\nSpot Rate  :  0.2100<br \/>\nAverage  :  0.1536<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-27<br \/>\nMaturity Price  : 23.29<br \/>\nEvaluated at bid price : 23.74<br \/>\nBid-YTW : 5.06 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Assiduous Reader MichaelA brings to my attention a wonderful, lengthy article on practical robotics research titled Pizza, the unsung agent of the robot revolution: It\u2019s often been said that without the online adult entertainment industry &hellip;<\/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-33818","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/33818","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=33818"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/33818\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}