{"id":48061,"date":"2017-01-23T20:07:00","date_gmt":"2017-01-24T01:07:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48061"},"modified":"2025-07-07T20:08:27","modified_gmt":"2025-07-08T00:08:27","slug":"january-23-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48061","title":{"rendered":"January 23, 2017"},"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>\n4.06 %<\/td>\n4.86 %<\/td>\n21,517<\/td>\n18.03<\/td>\n1<\/td>\n0.0000 %<\/td>\n1,915.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.9112 %<\/td>\n3,491.7<\/td>\n<\/tr>\n
Floater<\/td>\n3.97 %<\/td>\n4.11 %<\/td>\n49,219<\/td>\n17.20<\/td>\n4<\/td>\n0.9112 %<\/td>\n2,012.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0854 %<\/td>\n2,957.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.79 %<\/td>\n4.02 %<\/td>\n55,347<\/td>\n4.19<\/td>\n6<\/td>\n0.0854 %<\/td>\n3,532.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0854 %<\/td>\n2,755.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.58 %<\/td>\n-8.10 %<\/td>\n73,334<\/td>\n0.09<\/td>\n12<\/td>\n-0.0360 %<\/td>\n2,706.5<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.23 %<\/td>\n5.23 %<\/td>\n90,137<\/td>\n14.93<\/td>\n26<\/td>\n-0.0162 %<\/td>\n2,851.7<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.59 %<\/td>\n4.25 %<\/td>\n220,182<\/td>\n6.74<\/td>\n96<\/td>\n0.1251 %<\/td>\n2,232.4<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.12 %<\/td>\n4.33 %<\/td>\n130,791<\/td>\n0.25<\/td>\n32<\/td>\n0.1168 %<\/td>\n2,786.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.43 %<\/td>\n3.25 %<\/td>\n46,530<\/td>\n4.73<\/td>\n11<\/td>\n-0.1005 %<\/td>\n2,427.2<\/td>\n<\/tr>\n<\/table>\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
TRP.PR.G<\/td>\nFixedReset<\/td>\n-2.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-23
\nMaturity Price : 22.07
\nEvaluated at bid price : 22.54
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n-2.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-23
\nMaturity Price : 23.74
\nEvaluated at bid price : 24.05
\nBid-YTW : 5.22 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset<\/td>\n-1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-23
\nMaturity Price : 17.26
\nEvaluated at bid price : 17.26
\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset<\/td>\n-1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-23
\nMaturity Price : 13.82
\nEvaluated at bid price : 13.82
\nBid-YTW : 4.23 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-23
\nMaturity Price : 20.71
\nEvaluated at bid price : 20.71
\nBid-YTW : 4.29 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-23
\nMaturity Price : 11.50
\nEvaluated at bid price : 11.50
\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-23
\nMaturity Price : 11.43
\nEvaluated at bid price : 11.43
\nBid-YTW : 4.17 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-23
\nMaturity Price : 20.93
\nEvaluated at bid price : 20.93
\nBid-YTW : 4.24 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.69
\nBid-YTW : 8.05 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-23
\nMaturity Price : 11.60
\nEvaluated at bid price : 11.60
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 14.97
\nBid-YTW : 9.60 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset<\/td>\n1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.09
\nBid-YTW : 7.73 %<\/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>\n260,699<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2017-02-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.99
\nBid-YTW : 4.33 %<\/td>\n<\/tr>\n
BMO.PR.B<\/td>\nFixedReset<\/td>\n113,575<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-02-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.05
\nBid-YTW : 4.23 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset<\/td>\n109,910<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-23
\nMaturity Price : 17.74
\nEvaluated at bid price : 17.74
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset<\/td>\n107,263<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-23
\nMaturity Price : 22.14
\nEvaluated at bid price : 22.58
\nBid-YTW : 4.21 %<\/td>\n<\/tr>\n
TD.PF.H<\/td>\nFixedReset<\/td>\n66,983<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.75
\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset<\/td>\n62,100<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.47
\nBid-YTW : 6.66 %<\/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
TRP.PR.G<\/td>\nFixedReset<\/td>\nQuote: 22.54 – 23.00
\nSpot Rate : 0.4600
\nAverage : 0.2897<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-23
\nMaturity Price : 22.07
\nEvaluated at bid price : 22.54
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n

TRP.PR.F<\/td>\nFloatingReset<\/td>\nQuote: 16.78 – 17.16
\nSpot Rate : 0.3800
\nAverage : 0.2832<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-23
\nMaturity Price : 16.78
\nEvaluated at bid price : 16.78
\nBid-YTW : 3.52 %<\/td>\n<\/tr>\n

PVS.PR.D<\/td>\nSplitShare<\/td>\nQuote: 24.98 – 25.21
\nSpot Rate : 0.2300
\nAverage : 0.1458<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2021-10-08
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.98
\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n

HSE.PR.G<\/td>\nFixedReset<\/td>\nQuote: 23.75 – 23.96
\nSpot Rate : 0.2100
\nAverage : 0.1576<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-23
\nMaturity Price : 22.80
\nEvaluated at bid price : 23.75
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n

TRP.PR.B<\/td>\nFixedReset<\/td>\nQuote: 13.82 – 14.18
\nSpot Rate : 0.3600
\nAverage : 0.3109<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-23
\nMaturity Price : 13.82
\nEvaluated at bid price : 13.82
\nBid-YTW : 4.23 %<\/td>\n<\/tr>\n

TRP.PR.H<\/td>\nFloatingReset<\/td>\nQuote: 13.15 – 13.38
\nSpot Rate : 0.2300
\nAverage : 0.1846<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-23
\nMaturity Price : 13.15
\nEvaluated at bid price : 13.15
\nBid-YTW : 3.27 %<\/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 4.06 % 4.86 …<\/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-48061","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48061","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=48061"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48061\/revisions"}],"predecessor-version":[{"id":48062,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48061\/revisions\/48062"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}