{"id":48314,"date":"2017-03-24T11:35:00","date_gmt":"2017-03-24T15:35:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48314"},"modified":"2025-07-17T11:35:57","modified_gmt":"2025-07-17T15:35:57","slug":"march-24-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48314","title":{"rendered":"March 24, 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>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0586 %<\/td>\n2,061.1<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0586 %<\/td>\n3,782.0<\/td>\n<\/tr>\n
Floater<\/td>\n3.69 %<\/td>\n3.83 %<\/td>\n49,416<\/td>\n17.78<\/td>\n4<\/td>\n0.0586 %<\/td>\n2,179.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1764 %<\/td>\n3,018.9<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.93 %<\/td>\n4.03 %<\/td>\n62,555<\/td>\n0.70<\/td>\n6<\/td>\n0.1764 %<\/td>\n3,605.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1764 %<\/td>\n2,813.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.34 %<\/td>\n-1.97 %<\/td>\n69,385<\/td>\n0.09<\/td>\n20<\/td>\n0.2152 %<\/td>\n2,753.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.17 %<\/td>\n5.20 %<\/td>\n104,268<\/td>\n15.08<\/td>\n16<\/td>\n0.0185 %<\/td>\n2,921.1<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.44 %<\/td>\n4.18 %<\/td>\n244,320<\/td>\n6.66<\/td>\n94<\/td>\n0.0864 %<\/td>\n2,326.6<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.05 %<\/td>\n1.39 %<\/td>\n138,116<\/td>\n0.17<\/td>\n31<\/td>\n-0.0648 %<\/td>\n2,851.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.49 %<\/td>\n3.28 %<\/td>\n57,894<\/td>\n4.57<\/td>\n9<\/td>\n0.0371 %<\/td>\n2,497.4<\/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
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-24
\nMaturity Price : 23.17
\nEvaluated at bid price : 23.61
\nBid-YTW : 5.22 %<\/td>\n<\/tr>\n
ELF.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-24
\nMaturity Price : 24.62
\nEvaluated at bid price : 24.88
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset<\/td>\n1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-24
\nMaturity Price : 22.72
\nEvaluated at bid price : 23.56
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n
VNR.PR.A<\/td>\nFixedReset<\/td>\n1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-24
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 4.77 %<\/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
RY.PR.J<\/td>\nFixedReset<\/td>\n108,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-24
\nMaturity Price : 22.50
\nEvaluated at bid price : 23.13
\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n
BMO.PR.C<\/td>\nFixedReset<\/td>\n78,435<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.25
\nBid-YTW : 4.34 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset<\/td>\n74,966<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-24
\nMaturity Price : 21.66
\nEvaluated at bid price : 22.10
\nBid-YTW : 4.12 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset<\/td>\n74,221<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-24
\nMaturity Price : 21.69
\nEvaluated at bid price : 22.15
\nBid-YTW : 3.96 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset<\/td>\n68,580<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-24
\nMaturity Price : 21.66
\nEvaluated at bid price : 22.10
\nBid-YTW : 3.92 %<\/td>\n<\/tr>\n
BAM.PF.H<\/td>\nFixedReset<\/td>\n46,700<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.23
\nBid-YTW : 3.58 %<\/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
CU.PR.I<\/td>\nFixedReset<\/td>\nQuote: 26.01 – 26.47
\nSpot Rate : 0.4600
\nAverage : 0.3253<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.01
\nBid-YTW : 3.42 %<\/td>\n<\/tr>\n

PVS.PR.D<\/td>\nSplitShare<\/td>\nQuote: 25.50 – 25.95
\nSpot Rate : 0.4500
\nAverage : 0.3413<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2021-10-08
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.50
\nBid-YTW : 4.08 %<\/td>\n<\/tr>\n

BNS.PR.H<\/td>\nFixedReset<\/td>\nQuote: 26.21 – 26.49
\nSpot Rate : 0.2800
\nAverage : 0.1827<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.21
\nBid-YTW : 3.94 %<\/td>\n<\/tr>\n

HSE.PR.C<\/td>\nFixedReset<\/td>\nQuote: 23.06 – 23.33
\nSpot Rate : 0.2700
\nAverage : 0.1968<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-24
\nMaturity Price : 22.50
\nEvaluated at bid price : 23.06
\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n

GWO.PR.N<\/td>\nFixedReset<\/td>\nQuote: 15.90 – 16.15
\nSpot Rate : 0.2500
\nAverage : 0.1808<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 15.90
\nBid-YTW : 8.87 %<\/td>\n<\/tr>\n

PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.11 – 24.35
\nSpot Rate : 0.2400
\nAverage : 0.1769<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-24
\nMaturity Price : 23.86
\nEvaluated at bid price : 24.11
\nBid-YTW : 5.20 %<\/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 0.00 % 0.00 …<\/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-48314","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48314","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=48314"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48314\/revisions"}],"predecessor-version":[{"id":48315,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48314\/revisions\/48315"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}