{"id":48316,"date":"2017-03-23T11:36:00","date_gmt":"2017-03-23T15:36:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48316"},"modified":"2025-07-17T11:36:56","modified_gmt":"2025-07-17T15:36:56","slug":"march-23-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48316","title":{"rendered":"March 23, 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>\n0.5106 %<\/td>\n2,059.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5106 %<\/td>\n3,779.8<\/td>\n<\/tr>\n
Floater<\/td>\n3.69 %<\/td>\n3.83 %<\/td>\n50,101<\/td>\n17.78<\/td>\n4<\/td>\n0.5106 %<\/td>\n2,178.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0588 %<\/td>\n3,013.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.94 %<\/td>\n4.01 %<\/td>\n62,641<\/td>\n0.70<\/td>\n6<\/td>\n0.0588 %<\/td>\n3,598.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0588 %<\/td>\n2,808.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.36 %<\/td>\n1.78 %<\/td>\n69,948<\/td>\n0.09<\/td>\n20<\/td>\n-0.0450 %<\/td>\n2,747.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.17 %<\/td>\n5.21 %<\/td>\n96,563<\/td>\n15.06<\/td>\n16<\/td>\n0.0928 %<\/td>\n2,920.6<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.44 %<\/td>\n4.18 %<\/td>\n245,522<\/td>\n6.66<\/td>\n94<\/td>\n0.2456 %<\/td>\n2,324.6<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.05 %<\/td>\n2.61 %<\/td>\n139,179<\/td>\n0.17<\/td>\n31<\/td>\n0.0994 %<\/td>\n2,853.2<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.49 %<\/td>\n3.28 %<\/td>\n57,135<\/td>\n4.58<\/td>\n9<\/td>\n0.0848 %<\/td>\n2,496.4<\/td>\n<\/tr>\n<\/table>\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
IAG.PR.A<\/td>\nDeemed-Retractible<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.89
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-23
\nMaturity Price : 23.27
\nEvaluated at bid price : 23.72
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.62
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-23
\nMaturity Price : 12.30
\nEvaluated at bid price : 12.30
\nBid-YTW : 3.84 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset<\/td>\n1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.80
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset<\/td>\n2.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-23
\nMaturity Price : 15.91
\nEvaluated at bid price : 15.91
\nBid-YTW : 4.44 %<\/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>\n160,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-23
\nMaturity Price : 22.47
\nEvaluated at bid price : 23.08
\nBid-YTW : 4.19 %<\/td>\n<\/tr>\n
BMO.PR.C<\/td>\nFixedReset<\/td>\n131,055<\/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
BMO.PR.T<\/td>\nFixedReset<\/td>\n94,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-23
\nMaturity Price : 21.58
\nEvaluated at bid price : 21.98
\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset<\/td>\n64,426<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-23
\nMaturity Price : 21.69
\nEvaluated at bid price : 22.15
\nBid-YTW : 3.96 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset<\/td>\n57,110<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-23
\nMaturity Price : 16.22
\nEvaluated at bid price : 16.22
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n
BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\n53,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-23
\nMaturity Price : 22.35
\nEvaluated at bid price : 22.62
\nBid-YTW : 5.26 %<\/td>\n<\/tr>\n
There were 24 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
PVS.PR.D<\/td>\nSplitShare<\/td>\nQuote: 25.35 – 25.70
\nSpot Rate : 0.3500
\nAverage : 0.2222<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2021-10-08
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.35
\nBid-YTW : 4.23 %<\/td>\n<\/tr>\n

RY.PR.M<\/td>\nFixedReset<\/td>\nQuote: 22.91 – 23.28
\nSpot Rate : 0.3700
\nAverage : 0.2518<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-23
\nMaturity Price : 22.32
\nEvaluated at bid price : 22.91
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n

BNS.PR.R<\/td>\nFixedReset<\/td>\nQuote: 24.53 – 24.82
\nSpot Rate : 0.2900
\nAverage : 0.1740<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.53
\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n

MFC.PR.K<\/td>\nFixedReset<\/td>\nQuote: 20.90 – 21.23
\nSpot Rate : 0.3300
\nAverage : 0.2201<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.90
\nBid-YTW : 6.19 %<\/td>\n<\/tr>\n

BAM.PR.K<\/td>\nFloater<\/td>\nQuote: 12.26 – 12.61
\nSpot Rate : 0.3500
\nAverage : 0.2404<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-03-23
\nMaturity Price : 12.26
\nEvaluated at bid price : 12.26
\nBid-YTW : 3.85 %<\/td>\n<\/tr>\n

MFC.PR.L<\/td>\nFixedReset<\/td>\nQuote: 20.89 – 21.21
\nSpot Rate : 0.3200
\nAverage : 0.2134<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.89
\nBid-YTW : 6.23 %<\/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-48316","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48316","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=48316"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48316\/revisions"}],"predecessor-version":[{"id":48317,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48316\/revisions\/48317"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}