{"id":48109,"date":"2017-02-17T10:37:00","date_gmt":"2017-02-17T15:37:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48109"},"modified":"2025-07-10T10:37:59","modified_gmt":"2025-07-10T14:37:59","slug":"february-17-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48109","title":{"rendered":"February 17, 2017"},"content":{"rendered":"

Let’s close the week off with some rather dated (2014) anti-drone news<\/a>:<\/p>\n

Watch how a US Military Naval ship equipped with a LaWS laser weapon-system destroys an enemy target.<\/p>\n

The laser locks onto its target and opens \u2018fire\u2019. The target explodes leaving the platform unscathed.<\/p>\n

The laser then neatly incinerates a Scan Eagle drone, which plunges to the sea below.<\/p>\n<\/blockquote>\n\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>\n1.4098 %<\/td>\n2,040.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.4098 %<\/td>\n3,743.9<\/td>\n<\/tr>\n
Floater<\/td>\n3.70 %<\/td>\n3.94 %<\/td>\n54,166<\/td>\n17.50<\/td>\n4<\/td>\n1.4098 %<\/td>\n2,157.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4508 %<\/td>\n2,984.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.74 %<\/td>\n4.01 %<\/td>\n59,074<\/td>\n0.79<\/td>\n4<\/td>\n0.4508 %<\/td>\n3,563.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4508 %<\/td>\n2,780.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.42 %<\/td>\n-3.02 %<\/td>\n72,726<\/td>\n0.09<\/td>\n16<\/td>\n0.0073 %<\/td>\n2,733.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.17 %<\/td>\n5.16 %<\/td>\n96,865<\/td>\n15.07<\/td>\n22<\/td>\n-0.1810 %<\/td>\n2,907.5<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.48 %<\/td>\n4.13 %<\/td>\n227,641<\/td>\n6.78<\/td>\n97<\/td>\n0.1783 %<\/td>\n2,300.9<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.03 %<\/td>\n0.47 %<\/td>\n126,437<\/td>\n0.12<\/td>\n31<\/td>\n0.0016 %<\/td>\n2,844.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.48 %<\/td>\n3.13 %<\/td>\n51,355<\/td>\n4.67<\/td>\n9<\/td>\n0.2796 %<\/td>\n2,460.1<\/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
NA.PR.W<\/td>\nFixedReset<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-02-17
\nMaturity Price : 21.39
\nEvaluated at bid price : 21.39
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-02-17
\nMaturity Price : 18.25
\nEvaluated at bid price : 18.25
\nBid-YTW : 4.23 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset<\/td>\n1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-02-17
\nMaturity Price : 21.33
\nEvaluated at bid price : 21.33
\nBid-YTW : 4.17 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n4.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-02-17
\nMaturity Price : 14.75
\nEvaluated at bid price : 14.75
\nBid-YTW : 3.22 %<\/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
BIP.PR.C<\/td>\nFixedReset<\/td>\n171,858<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.75
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n155,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-02-17
\nMaturity Price : 12.10
\nEvaluated at bid price : 12.10
\nBid-YTW : 3.94 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n130,583<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-02-17
\nMaturity Price : 12.10
\nEvaluated at bid price : 12.10
\nBid-YTW : 3.94 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n120,956<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-02-17
\nMaturity Price : 12.12
\nEvaluated at bid price : 12.12
\nBid-YTW : 3.94 %<\/td>\n<\/tr>\n
TD.PR.Z<\/td>\nFloatingReset<\/td>\n99,000<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.80
\nBid-YTW : 3.13 %<\/td>\n<\/tr>\n
TRP.PR.K<\/td>\nFixedReset<\/td>\n89,297<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.71
\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n
There were 28 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.F<\/td>\nFloatingReset<\/td>\nQuote: 17.00 – 17.35
\nSpot Rate : 0.3500
\nAverage : 0.2413<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-02-17
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 3.55 %<\/td>\n<\/tr>\n

MFC.PR.L<\/td>\nFixedReset<\/td>\nQuote: 20.85 – 21.11
\nSpot Rate : 0.2600
\nAverage : 0.1649<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.85
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n

ELF.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.30 – 24.54
\nSpot Rate : 0.2400
\nAverage : 0.1549<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-02-17
\nMaturity Price : 24.05
\nEvaluated at bid price : 24.30
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n

TD.PF.G<\/td>\nFixedReset<\/td>\nQuote: 26.85 – 27.06
\nSpot Rate : 0.2100
\nAverage : 0.1297<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.85
\nBid-YTW : 3.67 %<\/td>\n<\/tr>\n

CM.PR.O<\/td>\nFixedReset<\/td>\nQuote: 21.50 – 21.72
\nSpot Rate : 0.2200
\nAverage : 0.1438<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-02-17
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 4.08 %<\/td>\n<\/tr>\n

MFC.PR.H<\/td>\nFixedReset<\/td>\nQuote: 23.76 – 23.96
\nSpot Rate : 0.2000
\nAverage : 0.1274<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.76
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Let’s close the week off with some rather dated (2014) anti-drone news: Watch how a US Military Naval ship equipped with a LaWS laser weapon-system destroys an enemy target. The laser locks onto its target …<\/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-48109","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48109","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=48109"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48109\/revisions"}],"predecessor-version":[{"id":48110,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48109\/revisions\/48110"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}