{"id":48002,"date":"2016-12-29T15:18:00","date_gmt":"2016-12-29T15:18:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48002"},"modified":"2025-06-30T15:19:13","modified_gmt":"2025-06-30T15:19:13","slug":"december-29-2016","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48002","title":{"rendered":"December 29, 2016"},"content":{"rendered":"\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>\n0.0220 %<\/td>\n1,822.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0220 %<\/td>\n3,330.1<\/td>\n<\/tr>\n
Floater<\/td>\n4.15 %<\/td>\n4.21 %<\/td>\n60,843<\/td>\n16.98<\/td>\n4<\/td>\n0.0220 %<\/td>\n1,919.1<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0330 %<\/td>\n2,939.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.82 %<\/td>\n4.68 %<\/td>\n82,077<\/td>\n4.26<\/td>\n6<\/td>\n-0.0330 %<\/td>\n3,510.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0330 %<\/td>\n2,738.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.44 %<\/td>\n5.10 %<\/td>\n86,207<\/td>\n14.50<\/td>\n23<\/td>\n0.3541 %<\/td>\n2,671.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.44 %<\/td>\n5.46 %<\/td>\n106,668<\/td>\n14.69<\/td>\n15<\/td>\n0.5748 %<\/td>\n2,772.8<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.70 %<\/td>\n4.56 %<\/td>\n252,213<\/td>\n6.77<\/td>\n96<\/td>\n0.0718 %<\/td>\n2,180.6<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.16 %<\/td>\n4.54 %<\/td>\n136,082<\/td>\n4.51<\/td>\n32<\/td>\n0.2406 %<\/td>\n2,762.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.79 %<\/td>\n3.73 %<\/td>\n44,395<\/td>\n4.78<\/td>\n12<\/td>\n0.5695 %<\/td>\n2,346.7<\/td>\n<\/tr>\n<\/table>\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
PWF.PR.T<\/td>\nFixedReset<\/td>\n-1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-29
\nMaturity Price : 20.59
\nEvaluated at bid price : 20.59
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.03
\nBid-YTW : 6.98 %<\/td>\n<\/tr>\n
EML.PR.A<\/td>\nFixedReset<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-17
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.10
\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n
BAM.PF.D<\/td>\nPerpetual-Discount<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-29
\nMaturity Price : 21.47
\nEvaluated at bid price : 21.79
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-29
\nMaturity Price : 21.41
\nEvaluated at bid price : 21.73
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-29
\nMaturity Price : 21.97
\nEvaluated at bid price : 22.36
\nBid-YTW : 4.58 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-29
\nMaturity Price : 20.12
\nEvaluated at bid price : 20.12
\nBid-YTW : 4.47 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-29
\nMaturity Price : 21.61
\nEvaluated at bid price : 22.02
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 14.36
\nBid-YTW : 9.56 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 14.31
\nBid-YTW : 10.22 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset<\/td>\n1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-29
\nMaturity Price : 13.85
\nEvaluated at bid price : 13.85
\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n
IAG.PR.A<\/td>\nDeemed-Retractible<\/td>\n1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.90
\nBid-YTW : 6.64 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset<\/td>\n1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-29
\nMaturity Price : 17.48
\nEvaluated at bid price : 17.48
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset<\/td>\n2.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-29
\nMaturity Price : 16.19
\nEvaluated at bid price : 16.19
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
IFC.PR.D<\/td>\nFloatingReset<\/td>\n4.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.50
\nBid-YTW : 5.96 %<\/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
BNS.PR.N<\/td>\nDeemed-Retractible<\/td>\n652,900<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2017-02-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.98
\nBid-YTW : 2.73 %<\/td>\n<\/tr>\n
BAM.PF.I<\/td>\nFixedReset<\/td>\n112,552<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.55
\nBid-YTW : 4.46 %<\/td>\n<\/tr>\n
RY.PR.A<\/td>\nDeemed-Retractible<\/td>\n110,409<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.09
\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset<\/td>\n108,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-29
\nMaturity Price : 13.24
\nEvaluated at bid price : 13.24
\nBid-YTW : 5.27 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset<\/td>\n108,154<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-29
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 4.46 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset<\/td>\n65,321<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-29
\nMaturity Price : 18.60
\nEvaluated at bid price : 18.60
\nBid-YTW : 4.84 %<\/td>\n<\/tr>\n
There were 17 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
PWF.PR.T<\/td>\nFixedReset<\/td>\nQuote: 20.59 – 21.22
\nSpot Rate : 0.6300
\nAverage : 0.4420<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-29
\nMaturity Price : 20.59
\nEvaluated at bid price : 20.59
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n

MFC.PR.O<\/td>\nFixedReset<\/td>\nQuote: 26.74 – 27.18
\nSpot Rate : 0.4400
\nAverage : 0.2760<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-06-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.74
\nBid-YTW : 3.96 %<\/td>\n<\/tr>\n

VNR.PR.A<\/td>\nFixedReset<\/td>\nQuote: 19.64 – 20.38
\nSpot Rate : 0.7400
\nAverage : 0.5864<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-29
\nMaturity Price : 19.64
\nEvaluated at bid price : 19.64
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n

TRP.PR.G<\/td>\nFixedReset<\/td>\nQuote: 21.73 – 22.12
\nSpot Rate : 0.3900
\nAverage : 0.2675<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-29
\nMaturity Price : 21.41
\nEvaluated at bid price : 21.73
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n

W.PR.K<\/td>\nFixedReset<\/td>\nQuote: 25.40 – 25.72
\nSpot Rate : 0.3200
\nAverage : 0.2055<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-01-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.40
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n

CU.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.20 – 21.50
\nSpot Rate : 0.3000
\nAverage : 0.1893<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-12-29
\nMaturity Price : 21.20
\nEvaluated at bid price : 21.20
\nBid-YTW : 5.37 %<\/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-48002","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48002","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=48002"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48002\/revisions"}],"predecessor-version":[{"id":48003,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48002\/revisions\/48003"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}