{"id":41122,"date":"2020-07-14T22:06:58","date_gmt":"2020-07-15T03:06:58","guid":{"rendered":"http:\/\/prefblog.com\/?p=41122"},"modified":"2020-07-14T22:06:58","modified_gmt":"2020-07-15T03:06:58","slug":"july-14-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41122","title":{"rendered":"July 14, 2020"},"content":{"rendered":"\n\n\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>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5369 %<\/td>\n1,458.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5369 %<\/td>\n2,676.9<\/td>\n<\/tr>\n
Floater<\/td>\n5.72 %<\/td>\n5.77 %<\/td>\n76,499<\/td>\n14.26<\/td>\n3<\/td>\n0.5369 %<\/td>\n1,542.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2453 %<\/td>\n3,472.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.84 %<\/td>\n4.77 %<\/td>\n56,345<\/td>\n3.77<\/td>\n7<\/td>\n0.2453 %<\/td>\n4,147.2<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2453 %<\/td>\n3,235.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.16 %<\/td>\n5.04 %<\/td>\n66,194<\/td>\n4.05<\/td>\n1<\/td>\n-0.0786 %<\/td>\n3,052.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.62 %<\/td>\n5.78 %<\/td>\n77,715<\/td>\n14.29<\/td>\n35<\/td>\n-0.2586 %<\/td>\n3,244.5<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n6.15 %<\/td>\n5.07 %<\/td>\n135,554<\/td>\n15.03<\/td>\n75<\/td>\n0.1981 %<\/td>\n1,836.9<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.34 %<\/td>\n5.57 %<\/td>\n77,787<\/td>\n14.33<\/td>\n27<\/td>\n-0.1419 %<\/td>\n3,205.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.42 %<\/td>\n2.80 %<\/td>\n32,382<\/td>\n1.52<\/td>\n4<\/td>\n1.0033 %<\/td>\n1,731.5<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.50 %<\/td>\n5.10 %<\/td>\n325,797<\/td>\n15.30<\/td>\n3<\/td>\n0.1336 %<\/td>\n2,560.0<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.98 %<\/td>\n2.84 %<\/td>\n125,830<\/td>\n1.52<\/td>\n2<\/td>\n-0.1633 %<\/td>\n2,795.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n6.42 %<\/td>\n5.14 %<\/td>\n96,173<\/td>\n14.91<\/td>\n22<\/td>\n0.6631 %<\/td>\n1,856.0<\/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\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
BAM.PF.D<\/td>\nPerpetual-Discount<\/td>\n-5.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 21.01
\nEvaluated at bid price : 21.01
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nDeemed-Retractible<\/td>\n-1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 8.47
\nEvaluated at bid price : 8.47
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
TD.PF.L<\/td>\nFixedReset Disc<\/td>\n-1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 19.90
\nEvaluated at bid price : 19.90
\nBid-YTW : 4.98 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nDeemed-Retractible<\/td>\n-1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 20.85
\nEvaluated at bid price : 20.85
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
ELF.PR.H<\/td>\nPerpetual-Discount<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 23.23
\nEvaluated at bid price : 23.51
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
RY.PR.Q<\/td>\nFixedReset Disc<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 24.43
\nEvaluated at bid price : 24.85
\nBid-YTW : 4.99 %<\/td>\n<\/tr>\n
NA.PR.A<\/td>\nFixedReset Disc<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 23.76
\nEvaluated at bid price : 24.25
\nBid-YTW : 5.16 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 13.55
\nEvaluated at bid price : 13.55
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 20.55
\nEvaluated at bid price : 20.55
\nBid-YTW : 6.27 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 14.36
\nEvaluated at bid price : 14.36
\nBid-YTW : 4.98 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 8.61
\nEvaluated at bid price : 8.61
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nPerpetual-Discount<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 23.71
\nEvaluated at bid price : 24.05
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 14.90
\nEvaluated at bid price : 14.90
\nBid-YTW : 6.67 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n1.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 9.13
\nEvaluated at bid price : 9.13
\nBid-YTW : 4.92 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 9.15
\nEvaluated at bid price : 9.15
\nBid-YTW : 4.59 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.78 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 9.70
\nEvaluated at bid price : 9.70
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n1.78 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 14.83
\nEvaluated at bid price : 14.83
\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.82 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 14.53
\nEvaluated at bid price : 14.53
\nBid-YTW : 5.07 %<\/td>\n<\/tr>\n
BMO.PR.A<\/td>\nFloatingReset<\/td>\n1.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.51
\nBid-YTW : 2.60 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n1.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 7.75
\nEvaluated at bid price : 7.75
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n2.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 11.24
\nEvaluated at bid price : 11.24
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n2.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 9.74
\nEvaluated at bid price : 9.74
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n2.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 14.39
\nEvaluated at bid price : 14.39
\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n3.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 9.52
\nEvaluated at bid price : 9.52
\nBid-YTW : 4.70 %<\/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
SLF.PR.C<\/td>\nDeemed-Retractible<\/td>\n76,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 21.20
\nEvaluated at bid price : 21.20
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n57,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 16.50
\nEvaluated at bid price : 16.50
\nBid-YTW : 5.13 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n44,610<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 21.60
\nEvaluated at bid price : 21.60
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n43,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 11.36
\nEvaluated at bid price : 11.36
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n40,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 13.70
\nEvaluated at bid price : 13.70
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n
RY.PR.Q<\/td>\nFixedReset Disc<\/td>\n39,695<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 24.43
\nEvaluated at bid price : 24.85
\nBid-YTW : 4.99 %<\/td>\n<\/tr>\n
There were 10 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
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\nQuote: 20.12 – 21.81
\nSpot Rate : 1.6900
\nAverage : 1.1160<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 20.12
\nEvaluated at bid price : 20.12
\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n

BAM.PF.D<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.01 – 22.27
\nSpot Rate : 1.2600
\nAverage : 0.7081<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 21.01
\nEvaluated at bid price : 21.01
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n

MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\nQuote: 14.33 – 15.21
\nSpot Rate : 0.8800
\nAverage : 0.6231<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 14.33
\nEvaluated at bid price : 14.33
\nBid-YTW : 5.12 %<\/td>\n<\/tr>\n

BMO.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 19.35 – 20.00
\nSpot Rate : 0.6500
\nAverage : 0.4339<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 19.35
\nEvaluated at bid price : 19.35
\nBid-YTW : 4.94 %<\/td>\n<\/tr>\n

EIT.PR.B<\/td>\nSplitShare<\/td>\nQuote: 25.18 – 26.18
\nSpot Rate : 1.0000
\nAverage : 0.7855<\/p>\n

YTW SCENARIO
\nMaturity Type : Soft Maturity
\nMaturity Date\t: 2025-03-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.18
\nBid-YTW : 4.74 %<\/td>\n<\/tr>\n

MFC.PR.R<\/td>\nFixedReset Ins Non<\/td>\nQuote: 20.95 – 21.65
\nSpot Rate : 0.7000
\nAverage : 0.4914<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-14
\nMaturity Price : 20.95
\nEvaluated at bid price : 20.95
\nBid-YTW : 5.12 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 …<\/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-41122","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41122","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=41122"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41122\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}