{"id":48074,"date":"2017-01-17T20:27:00","date_gmt":"2017-01-18T01:27:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48074"},"modified":"2025-07-07T20:27:32","modified_gmt":"2025-07-08T00:27:32","slug":"january-17-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48074","title":{"rendered":"January 17, 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>\n4.07 %<\/td>\n4.87 %<\/td>\n23,380<\/td>\n18.03<\/td>\n1<\/td>\n-0.3003 %<\/td>\n1,910.7<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4629 %<\/td>\n3,490.9<\/td>\n<\/tr>\n
Floater<\/td>\n3.96 %<\/td>\n4.09 %<\/td>\n53,248<\/td>\n17.24<\/td>\n4<\/td>\n0.4629 %<\/td>\n2,011.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0066 %<\/td>\n2,953.0<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.80 %<\/td>\n4.45 %<\/td>\n72,172<\/td>\n4.21<\/td>\n6<\/td>\n-0.0066 %<\/td>\n3,526.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0066 %<\/td>\n2,751.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.59 %<\/td>\n-6.06 %<\/td>\n71,622<\/td>\n0.09<\/td>\n12<\/td>\n-0.0098 %<\/td>\n2,700.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.24 %<\/td>\n5.32 %<\/td>\n89,110<\/td>\n14.87<\/td>\n26<\/td>\n0.4647 %<\/td>\n2,847.0<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.59 %<\/td>\n4.32 %<\/td>\n229,138<\/td>\n6.75<\/td>\n96<\/td>\n0.0776 %<\/td>\n2,234.4<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.10 %<\/td>\n3.67 %<\/td>\n130,849<\/td>\n0.27<\/td>\n32<\/td>\n0.1774 %<\/td>\n2,792.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.46 %<\/td>\n3.29 %<\/td>\n44,197<\/td>\n4.74<\/td>\n11<\/td>\n0.3203 %<\/td>\n2,425.9<\/td>\n<\/tr>\n<\/table>\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
TRP.PR.B<\/td>\nFixedReset<\/td>\n-1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-17
\nMaturity Price : 13.76
\nEvaluated at bid price : 13.76
\nBid-YTW : 4.33 %<\/td>\n<\/tr>\n
BNS.PR.B<\/td>\nFloatingReset<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.56
\nBid-YTW : 3.29 %<\/td>\n<\/tr>\n
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-17
\nMaturity Price : 23.74
\nEvaluated at bid price : 24.22
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-17
\nMaturity Price : 22.60
\nEvaluated at bid price : 23.40
\nBid-YTW : 4.09 %<\/td>\n<\/tr>\n
FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-17
\nMaturity Price : 22.87
\nEvaluated at bid price : 23.28
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nDeemed-Retractible<\/td>\n1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.73
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-17
\nMaturity Price : 16.99
\nEvaluated at bid price : 16.99
\nBid-YTW : 3.51 %<\/td>\n<\/tr>\n
FTS.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-17
\nMaturity Price : 23.53
\nEvaluated at bid price : 23.80
\nBid-YTW : 5.21 %<\/td>\n<\/tr>\n
IAG.PR.G<\/td>\nFixedReset<\/td>\n1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.91
\nBid-YTW : 5.34 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-17
\nMaturity Price : 21.83
\nEvaluated at bid price : 22.17
\nBid-YTW : 5.13 %<\/td>\n<\/tr>\n
VNR.PR.A<\/td>\nFixedReset<\/td>\n1.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-17
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset<\/td>\n2.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-17
\nMaturity Price : 14.55
\nEvaluated at bid price : 14.55
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n2.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-17
\nMaturity Price : 21.85
\nEvaluated at bid price : 22.17
\nBid-YTW : 5.13 %<\/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
TRP.PR.K<\/td>\nFixedReset<\/td>\n201,943<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.77
\nBid-YTW : 4.44 %<\/td>\n<\/tr>\n
BAM.PF.I<\/td>\nFixedReset<\/td>\n110,423<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.82
\nBid-YTW : 4.28 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset<\/td>\n93,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-17
\nMaturity Price : 17.94
\nEvaluated at bid price : 17.94
\nBid-YTW : 4.84 %<\/td>\n<\/tr>\n
MFC.PR.R<\/td>\nFixedReset<\/td>\n82,891<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.56
\nBid-YTW : 4.55 %<\/td>\n<\/tr>\n
BNS.PR.E<\/td>\nFixedReset<\/td>\n68,408<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.84
\nBid-YTW : 3.61 %<\/td>\n<\/tr>\n
BMO.PR.B<\/td>\nFixedReset<\/td>\n52,998<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-02-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.05
\nBid-YTW : 4.21 %<\/td>\n<\/tr>\n
There were 33 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.B<\/td>\nFixedReset<\/td>\nQuote: 13.76 – 14.15
\nSpot Rate : 0.3900
\nAverage : 0.2731<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-17
\nMaturity Price : 13.76
\nEvaluated at bid price : 13.76
\nBid-YTW : 4.33 %<\/td>\n<\/tr>\n

BMO.PR.M<\/td>\nFixedReset<\/td>\nQuote: 24.60 – 24.85
\nSpot Rate : 0.2500
\nAverage : 0.1648<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.60
\nBid-YTW : 3.44 %<\/td>\n<\/tr>\n

IGM.PR.B<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.50 – 25.78
\nSpot Rate : 0.2800
\nAverage : 0.1994<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2017-02-16
\nMaturity Price : 25.50
\nEvaluated at bid price : 25.50
\nBid-YTW : 2.91 %<\/td>\n<\/tr>\n

RY.PR.P<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.39 – 25.70
\nSpot Rate : 0.3100
\nAverage : 0.2355<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-02-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.39
\nBid-YTW : 5.16 %<\/td>\n<\/tr>\n

CCS.PR.C<\/td>\nDeemed-Retractible<\/td>\nQuote: 23.73 – 24.04
\nSpot Rate : 0.3100
\nAverage : 0.2455<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.73
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n

PWF.PR.T<\/td>\nFixedReset<\/td>\nQuote: 21.25 – 21.49
\nSpot Rate : 0.2400
\nAverage : 0.1771<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-17
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 4.22 %<\/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 4.07 % 4.87 …<\/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-48074","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48074","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=48074"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48074\/revisions"}],"predecessor-version":[{"id":48075,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48074\/revisions\/48075"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}