{"id":48070,"date":"2017-01-20T20:21:00","date_gmt":"2017-01-21T01:21:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48070"},"modified":"2025-07-07T20:21:43","modified_gmt":"2025-07-08T00:21:43","slug":"january-20-2017-2","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48070","title":{"rendered":"January 20, 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>\n22,638<\/td>\n18.04<\/td>\n1<\/td>\n0.2410 %<\/td>\n1,915.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3766 %<\/td>\n3,481.4<\/td>\n<\/tr>\n
Floater<\/td>\n3.97 %<\/td>\n4.12 %<\/td>\n50,725<\/td>\n17.18<\/td>\n4<\/td>\n-0.3766 %<\/td>\n2,006.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0131 %<\/td>\n2,953.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.80 %<\/td>\n4.33 %<\/td>\n69,461<\/td>\n4.20<\/td>\n6<\/td>\n-0.0131 %<\/td>\n3,527.5<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0131 %<\/td>\n2,752.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.59 %<\/td>\n-4.13 %<\/td>\n70,050<\/td>\n0.09<\/td>\n12<\/td>\n-0.0983 %<\/td>\n2,701.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.22 %<\/td>\n5.30 %<\/td>\n87,078<\/td>\n14.87<\/td>\n26<\/td>\n0.0599 %<\/td>\n2,858.4<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.61 %<\/td>\n4.37 %<\/td>\n227,833<\/td>\n6.74<\/td>\n96<\/td>\n-0.0983 %<\/td>\n2,222.9<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.11 %<\/td>\n3.87 %<\/td>\n129,670<\/td>\n0.27<\/td>\n32<\/td>\n-0.1035 %<\/td>\n2,788.6<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.46 %<\/td>\n3.31 %<\/td>\n44,844<\/td>\n4.74<\/td>\n11<\/td>\n0.0569 %<\/td>\n2,424.4<\/td>\n<\/tr>\n<\/table>\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
W.PR.M<\/td>\nFixedReset<\/td>\n-1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.66
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-19
\nMaturity Price : 11.56
\nEvaluated at bid price : 11.56
\nBid-YTW : 4.12 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 16.00
\nBid-YTW : 8.80 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 14.80
\nBid-YTW : 9.79 %<\/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
BMO.PR.R<\/td>\nFloatingReset<\/td>\n201,100<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.73
\nBid-YTW : 3.21 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset<\/td>\n162,282<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-19
\nMaturity Price : 19.55
\nEvaluated at bid price : 19.55
\nBid-YTW : 4.58 %<\/td>\n<\/tr>\n
RY.PR.R<\/td>\nFixedReset<\/td>\n57,383<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.02
\nBid-YTW : 3.80 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset<\/td>\n56,494<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-19
\nMaturity Price : 20.52
\nEvaluated at bid price : 20.52
\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset<\/td>\n53,292<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-19
\nMaturity Price : 22.16
\nEvaluated at bid price : 22.64
\nBid-YTW : 4.24 %<\/td>\n<\/tr>\n
BNS.PR.P<\/td>\nFixedReset<\/td>\n37,216<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.83
\nBid-YTW : 3.36 %<\/td>\n<\/tr>\n
There were 35 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
W.PR.M<\/td>\nFixedReset<\/td>\nQuote: 25.66 – 25.95
\nSpot Rate : 0.2900
\nAverage : 0.2182<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.66
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n

TRP.PR.B<\/td>\nFixedReset<\/td>\nQuote: 13.73 – 14.14
\nSpot Rate : 0.4100
\nAverage : 0.3414<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-19
\nMaturity Price : 13.73
\nEvaluated at bid price : 13.73
\nBid-YTW : 4.34 %<\/td>\n<\/tr>\n

GRP.PR.A<\/td>\nSplitShare<\/td>\nQuote: 25.50 – 25.74
\nSpot Rate : 0.2400
\nAverage : 0.1718<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2017-02-18
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.50
\nBid-YTW : -16.34 %<\/td>\n<\/tr>\n

SLF.PR.J<\/td>\nFloatingReset<\/td>\nQuote: 14.70 – 15.00
\nSpot Rate : 0.3000
\nAverage : 0.2349<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 14.70
\nBid-YTW : 9.27 %<\/td>\n<\/tr>\n

BIP.PR.C<\/td>\nFixedReset<\/td>\nQuote: 25.80 – 26.03
\nSpot Rate : 0.2300
\nAverage : 0.1780<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.80
\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n

TRP.PR.D<\/td>\nFixedReset<\/td>\nQuote: 19.55 – 19.72
\nSpot Rate : 0.1700
\nAverage : 0.1197<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-19
\nMaturity Price : 19.55
\nEvaluated at bid price : 19.55
\nBid-YTW : 4.58 %<\/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-48070","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48070","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=48070"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48070\/revisions"}],"predecessor-version":[{"id":48071,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48070\/revisions\/48071"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}