{"id":48400,"date":"2017-05-16T21:45:00","date_gmt":"2017-05-17T01:45:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48400"},"modified":"2025-07-18T21:46:06","modified_gmt":"2025-07-19T01:46:06","slug":"may-16-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48400","title":{"rendered":"May 16, 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>\n-1.1253 %<\/td>\n2,162.6<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.1253 %<\/td>\n3,968.3<\/td>\n<\/tr>\n
Floater<\/td>\n3.53 %<\/td>\n3.69 %<\/td>\n57,519<\/td>\n18.04<\/td>\n4<\/td>\n-1.1253 %<\/td>\n2,286.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1408 %<\/td>\n3,025.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.70 %<\/td>\n4.56 %<\/td>\n66,208<\/td>\n3.94<\/td>\n5<\/td>\n-0.1408 %<\/td>\n3,613.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1408 %<\/td>\n2,819.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.32 %<\/td>\n-0.80 %<\/td>\n70,638<\/td>\n0.09<\/td>\n22<\/td>\n-0.2024 %<\/td>\n2,780.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.08 %<\/td>\n5.12 %<\/td>\n105,136<\/td>\n15.24<\/td>\n14<\/td>\n-0.0060 %<\/td>\n3,009.6<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.46 %<\/td>\n4.06 %<\/td>\n208,880<\/td>\n6.59<\/td>\n94<\/td>\n-0.0443 %<\/td>\n2,327.5<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n4.99 %<\/td>\n4.85 %<\/td>\n139,580<\/td>\n0.11<\/td>\n30<\/td>\n-0.0163 %<\/td>\n2,888.5<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.49 %<\/td>\n3.06 %<\/td>\n49,497<\/td>\n4.45<\/td>\n10<\/td>\n0.2280 %<\/td>\n2,540.2<\/td>\n<\/tr>\n<\/table>\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
BAM.PR.C<\/td>\nFloater<\/td>\n-2.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-16
\nMaturity Price : 12.78
\nEvaluated at bid price : 12.78
\nBid-YTW : 3.73 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset<\/td>\n-1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-16
\nMaturity Price : 15.94
\nEvaluated at bid price : 15.94
\nBid-YTW : 4.23 %<\/td>\n<\/tr>\n
IAG.PR.A<\/td>\nDeemed-Retractible<\/td>\n-1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.00
\nBid-YTW : 6.04 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-16
\nMaturity Price : 12.91
\nEvaluated at bid price : 12.91
\nBid-YTW : 3.69 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-16
\nMaturity Price : 24.29
\nEvaluated at bid price : 24.60
\nBid-YTW : 5.12 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset<\/td>\n-1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-16
\nMaturity Price : 20.92
\nEvaluated at bid price : 20.92
\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-16
\nMaturity Price : 21.23
\nEvaluated at bid price : 21.23
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
ELF.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-16
\nMaturity Price : 22.70
\nEvaluated at bid price : 22.94
\nBid-YTW : 5.22 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-16
\nMaturity Price : 14.65
\nEvaluated at bid price : 14.65
\nBid-YTW : 3.90 %<\/td>\n<\/tr>\n
TRP.PR.H<\/td>\nFloatingReset<\/td>\n1.75 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-16
\nMaturity Price : 13.98
\nEvaluated at bid price : 13.98
\nBid-YTW : 3.26 %<\/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
HSE.PR.G<\/td>\nFixedReset<\/td>\n157,298<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-16
\nMaturity Price : 22.91
\nEvaluated at bid price : 23.91
\nBid-YTW : 4.74 %<\/td>\n<\/tr>\n
BMO.PR.C<\/td>\nFixedReset<\/td>\n153,374<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.72
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
BMO.PR.K<\/td>\nDeemed-Retractible<\/td>\n117,635<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2017-06-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.99
\nBid-YTW : 4.20 %<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\n63,599<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-16
\nMaturity Price : 22.93
\nEvaluated at bid price : 23.21
\nBid-YTW : 5.17 %<\/td>\n<\/tr>\n
RY.PR.D<\/td>\nDeemed-Retractible<\/td>\n57,762<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2017-06-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.21
\nBid-YTW : -6.77 %<\/td>\n<\/tr>\n
TD.PF.G<\/td>\nFixedReset<\/td>\n56,630<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.01
\nBid-YTW : 3.40 %<\/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
IAG.PR.A<\/td>\nDeemed-Retractible<\/td>\nQuote: 23.00 – 23.49
\nSpot Rate : 0.4900
\nAverage : 0.3374<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.00
\nBid-YTW : 6.04 %<\/td>\n<\/tr>\n

POW.PR.D<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.60 – 25.05
\nSpot Rate : 0.4500
\nAverage : 0.3177<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-16
\nMaturity Price : 24.29
\nEvaluated at bid price : 24.60
\nBid-YTW : 5.12 %<\/td>\n<\/tr>\n

BAM.PR.C<\/td>\nFloater<\/td>\nQuote: 12.78 – 13.14
\nSpot Rate : 0.3600
\nAverage : 0.2681<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-16
\nMaturity Price : 12.78
\nEvaluated at bid price : 12.78
\nBid-YTW : 3.73 %<\/td>\n<\/tr>\n

TRP.PR.A<\/td>\nFixedReset<\/td>\nQuote: 18.91 – 19.20
\nSpot Rate : 0.2900
\nAverage : 0.2038<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-16
\nMaturity Price : 18.91
\nEvaluated at bid price : 18.91
\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n

EML.PR.A<\/td>\nFixedReset<\/td>\nQuote: 26.40 – 26.69
\nSpot Rate : 0.2900
\nAverage : 0.2151<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-17
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.40
\nBid-YTW : 4.34 %<\/td>\n<\/tr>\n

BAM.PF.D<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.76 – 24.09
\nSpot Rate : 0.3300
\nAverage : 0.2645<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-16
\nMaturity Price : 23.32
\nEvaluated at bid price : 23.76
\nBid-YTW : 5.21 %<\/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-48400","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48400","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=48400"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48400\/revisions"}],"predecessor-version":[{"id":48401,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48400\/revisions\/48401"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}