{"id":41192,"date":"2020-07-31T21:10:22","date_gmt":"2020-08-01T02:10:22","guid":{"rendered":"http:\/\/prefblog.com\/?p=41192"},"modified":"2020-07-31T21:10:22","modified_gmt":"2020-08-01T02:10:22","slug":"july-31-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41192","title":{"rendered":"July 31, 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>\n-0.9685 %<\/td>\n1,593.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.9685 %<\/td>\n2,923.5<\/td>\n<\/tr>\n
Floater<\/td>\n5.24 %<\/td>\n5.29 %<\/td>\n58,829<\/td>\n14.98<\/td>\n3<\/td>\n-0.9685 %<\/td>\n1,684.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1763 %<\/td>\n3,481.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.83 %<\/td>\n4.77 %<\/td>\n53,253<\/td>\n3.73<\/td>\n7<\/td>\n0.1763 %<\/td>\n4,158.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1763 %<\/td>\n3,244.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.19 %<\/td>\n4.90 %<\/td>\n78,366<\/td>\n4.06<\/td>\n1<\/td>\n-0.0395 %<\/td>\n3,075.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.51 %<\/td>\n5.65 %<\/td>\n74,588<\/td>\n14.35<\/td>\n35<\/td>\n0.1888 %<\/td>\n3,314.4<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.68 %<\/td>\n4.48 %<\/td>\n153,376<\/td>\n15.97<\/td>\n75<\/td>\n0.0656 %<\/td>\n1,991.1<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.25 %<\/td>\n5.32 %<\/td>\n94,629<\/td>\n14.50<\/td>\n27<\/td>\n0.1814 %<\/td>\n3,266.2<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.37 %<\/td>\n2.74 %<\/td>\n35,244<\/td>\n1.48<\/td>\n4<\/td>\n-0.1415 %<\/td>\n1,760.6<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.45 %<\/td>\n4.08 %<\/td>\n349,011<\/td>\n1.04<\/td>\n3<\/td>\n-0.1055 %<\/td>\n2,597.9<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.97 %<\/td>\n2.56 %<\/td>\n117,468<\/td>\n1.48<\/td>\n2<\/td>\n-0.3781 %<\/td>\n2,818.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.81 %<\/td>\n4.59 %<\/td>\n97,922<\/td>\n15.92<\/td>\n22<\/td>\n0.3949 %<\/td>\n2,048.6<\/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\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-5.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 17.70
\nEvaluated at bid price : 17.70
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n-5.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n-3.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 17.10
\nEvaluated at bid price : 17.10
\nBid-YTW : 4.47 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-3.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 10.45
\nEvaluated at bid price : 10.45
\nBid-YTW : 4.28 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n-3.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 8.00
\nEvaluated at bid price : 8.00
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n-2.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 19.46
\nEvaluated at bid price : 19.46
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n
BAM.PF.J<\/td>\nFixedReset Disc<\/td>\n-2.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 22.21
\nEvaluated at bid price : 22.55
\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 15.41
\nEvaluated at bid price : 15.41
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 10.05
\nEvaluated at bid price : 10.05
\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 15.70
\nEvaluated at bid price : 15.70
\nBid-YTW : 6.33 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 8.20
\nEvaluated at bid price : 8.20
\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 8.19
\nEvaluated at bid price : 8.19
\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nPerpetual-Discount<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 24.34
\nEvaluated at bid price : 24.73
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 16.95
\nEvaluated at bid price : 16.95
\nBid-YTW : 4.20 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nDeemed-Retractible<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 23.81
\nEvaluated at bid price : 24.26
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 13.50
\nEvaluated at bid price : 13.50
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
BMO.PR.F<\/td>\nFixedReset Disc<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 22.91
\nEvaluated at bid price : 24.07
\nBid-YTW : 4.17 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 12.35
\nEvaluated at bid price : 12.35
\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n
BIK.PR.A<\/td>\nFixedReset Disc<\/td>\n1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 23.11
\nEvaluated at bid price : 24.51
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 18.15
\nEvaluated at bid price : 18.15
\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Disc<\/td>\n1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 21.37
\nEvaluated at bid price : 21.37
\nBid-YTW : 4.09 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nDeemed-Retractible<\/td>\n1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 24.04
\nEvaluated at bid price : 24.50
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
ELF.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 21.49
\nEvaluated at bid price : 21.75
\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n2.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 13.61
\nEvaluated at bid price : 13.61
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n3.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 18.05
\nEvaluated at bid price : 18.05
\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n3.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 8.74
\nEvaluated at bid price : 8.74
\nBid-YTW : 5.44 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n18.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 18.10
\nEvaluated at bid price : 18.10
\nBid-YTW : 4.10 %<\/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
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n135,103<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 18.10
\nEvaluated at bid price : 18.10
\nBid-YTW : 4.10 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Disc<\/td>\n47,221<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 19.15
\nEvaluated at bid price : 19.15
\nBid-YTW : 4.25 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n44,909<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 17.40
\nEvaluated at bid price : 17.40
\nBid-YTW : 4.52 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Disc<\/td>\n38,036<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 21.31
\nEvaluated at bid price : 21.60
\nBid-YTW : 4.40 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n31,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 13.61
\nEvaluated at bid price : 13.61
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
RY.PR.F<\/td>\nDeemed-Retractible<\/td>\n26,400<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-08-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.03
\nBid-YTW : -0.57 %<\/td>\n<\/tr>\n
There were 15 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
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\nQuote: 14.90 – 18.50
\nSpot Rate : 3.6000
\nAverage : 2.0928<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 14.90
\nEvaluated at bid price : 14.90
\nBid-YTW : 4.72 %<\/td>\n<\/tr>\n

TD.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 18.00 – 20.50
\nSpot Rate : 2.5000
\nAverage : 1.4954<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n

TD.PF.D<\/td>\nFixedReset Disc<\/td>\nQuote: 17.70 – 19.10
\nSpot Rate : 1.4000
\nAverage : 0.8838<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 17.70
\nEvaluated at bid price : 17.70
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n

MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.50 – 19.17
\nSpot Rate : 1.6700
\nAverage : 1.2052<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 17.50
\nEvaluated at bid price : 17.50
\nBid-YTW : 4.65 %<\/td>\n<\/tr>\n

MFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 18.15 – 19.17
\nSpot Rate : 1.0200
\nAverage : 0.6159<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 18.15
\nEvaluated at bid price : 18.15
\nBid-YTW : 4.59 %<\/td>\n<\/tr>\n

BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\nQuote: 17.10 – 18.10
\nSpot Rate : 1.0000
\nAverage : 0.6301<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-07-31
\nMaturity Price : 17.10
\nEvaluated at bid price : 17.10
\nBid-YTW : 4.47 %<\/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-41192","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41192","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=41192"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41192\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}