{"id":48086,"date":"2017-01-27T10:25:00","date_gmt":"2017-01-27T15:25:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48086"},"modified":"2025-07-09T10:25:54","modified_gmt":"2025-07-09T14:25:54","slug":"january-27-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48086","title":{"rendered":"January 27, 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>\n3.95 %<\/td>\n4.69 %<\/td>\n19,379<\/td>\n18.28<\/td>\n1<\/td>\n0.9186 %<\/td>\n1,975.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.8595 %<\/td>\n3,614.2<\/td>\n<\/tr>\n
Floater<\/td>\n3.83 %<\/td>\n3.93 %<\/td>\n48,292<\/td>\n17.57<\/td>\n4<\/td>\n1.8595 %<\/td>\n2,082.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1638 %<\/td>\n2,957.9<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.79 %<\/td>\n4.45 %<\/td>\n65,504<\/td>\n4.18<\/td>\n6<\/td>\n-0.1638 %<\/td>\n3,532.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1638 %<\/td>\n2,756.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.58 %<\/td>\n-6.47 %<\/td>\n70,721<\/td>\n0.09<\/td>\n12<\/td>\n0.1605 %<\/td>\n2,711.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.23 %<\/td>\n5.25 %<\/td>\n86,657<\/td>\n14.96<\/td>\n26<\/td>\n0.2306 %<\/td>\n2,856.5<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.51 %<\/td>\n4.17 %<\/td>\n222,634<\/td>\n6.75<\/td>\n97<\/td>\n0.3191 %<\/td>\n2,277.4<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.10 %<\/td>\n4.91 %<\/td>\n131,604<\/td>\n0.24<\/td>\n32<\/td>\n0.1723 %<\/td>\n2,799.2<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.41 %<\/td>\n3.15 %<\/td>\n45,210<\/td>\n4.72<\/td>\n11<\/td>\n0.1345 %<\/td>\n2,448.7<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 4.20 %<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 21.94
\nEvaluated at bid price : 22.17
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
BNS.PR.Y<\/td>\nFixedReset<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.05
\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nDeemed-Retractible<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.60
\nBid-YTW : 6.31 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 22.57
\nEvaluated at bid price : 23.33
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 21.02
\nEvaluated at bid price : 21.02
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 22.35
\nEvaluated at bid price : 22.92
\nBid-YTW : 4.08 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 21.89
\nEvaluated at bid price : 22.20
\nBid-YTW : 4.24 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 21.71
\nEvaluated at bid price : 22.17
\nBid-YTW : 3.94 %<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 23.07
\nEvaluated at bid price : 23.33
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset<\/td>\n1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 22.83
\nEvaluated at bid price : 23.90
\nBid-YTW : 4.01 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 13.25
\nEvaluated at bid price : 13.25
\nBid-YTW : 3.56 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 17.12
\nEvaluated at bid price : 17.12
\nBid-YTW : 3.46 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset<\/td>\n1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.55
\nBid-YTW : 7.37 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset<\/td>\n1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 21.31
\nEvaluated at bid price : 21.31
\nBid-YTW : 4.01 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 12.13
\nEvaluated at bid price : 12.13
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset<\/td>\n1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset<\/td>\n1.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 22.97
\nEvaluated at bid price : 24.16
\nBid-YTW : 3.88 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 11.91
\nEvaluated at bid price : 11.91
\nBid-YTW : 4.00 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n2.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 12.01
\nEvaluated at bid price : 12.01
\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n<\/table>\n\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
BIP.PR.D<\/td>\nFixedReset<\/td>\n483,872<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.23
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
TRP.PR.K<\/td>\nFixedReset<\/td>\n467,585<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.51
\nBid-YTW : 4.41 %<\/td>\n<\/tr>\n
TRP.PR.J<\/td>\nFixedReset<\/td>\n215,345<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.55
\nBid-YTW : 4.17 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset<\/td>\n208,414<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 14.40
\nEvaluated at bid price : 14.40
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset<\/td>\n108,758<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 15.63
\nEvaluated at bid price : 15.63
\nBid-YTW : 4.17 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n107,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 11.91
\nEvaluated at bid price : 11.91
\nBid-YTW : 4.00 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset<\/td>\n101,032<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 21.59
\nEvaluated at bid price : 22.00
\nBid-YTW : 4.16 %<\/td>\n<\/tr>\n
There were 41 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
HSE.PR.C<\/td>\nFixedReset<\/td>\nQuote: 22.95 – 23.32
\nSpot Rate : 0.3700
\nAverage : 0.2480<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 22.42
\nEvaluated at bid price : 22.95
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n

FTS.PR.M<\/td>\nFixedReset<\/td>\nQuote: 22.00 – 22.34
\nSpot Rate : 0.3400
\nAverage : 0.2285<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 21.59
\nEvaluated at bid price : 22.00
\nBid-YTW : 4.16 %<\/td>\n<\/tr>\n

FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.94 – 23.24
\nSpot Rate : 0.3000
\nAverage : 0.2021<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 22.59
\nEvaluated at bid price : 22.94
\nBid-YTW : 5.24 %<\/td>\n<\/tr>\n

W.PR.K<\/td>\nFixedReset<\/td>\nQuote: 25.78 – 26.14
\nSpot Rate : 0.3600
\nAverage : 0.2822<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-01-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.78
\nBid-YTW : 4.46 %<\/td>\n<\/tr>\n

BMO.PR.M<\/td>\nFixedReset<\/td>\nQuote: 24.60 – 24.85
\nSpot Rate : 0.2500
\nAverage : 0.1725<\/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 : 3.42 %<\/td>\n<\/tr>\n

TD.PF.D<\/td>\nFixedReset<\/td>\nQuote: 23.08 – 23.36
\nSpot Rate : 0.2800
\nAverage : 0.2045<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-01-27
\nMaturity Price : 22.43
\nEvaluated at bid price : 23.08
\nBid-YTW : 4.10 %<\/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 3.95 % 4.69 …<\/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-48086","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48086","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=48086"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48086\/revisions"}],"predecessor-version":[{"id":48087,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48086\/revisions\/48087"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}