{"id":48414,"date":"2017-05-11T22:00:00","date_gmt":"2017-05-12T02:00:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48414"},"modified":"2025-07-18T22:01:06","modified_gmt":"2025-07-19T02:01:06","slug":"may-11-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48414","title":{"rendered":"May 11, 2017"},"content":{"rendered":"<p>Better late than never!<\/p>\n<table border=\"1\">\n<tr>\n<td colspan=\"8\"><strong>HIMIPref&trade; Preferred Indices<br \/>These values reflect the December 2008 revision of the HIMIPref&trade; Indices<\/strong><br \/>Values are provisional and are finalized monthly<\/td>\n<\/tr>\n<tr>\n<td>Index<\/td>\n<td>Mean<br \/>Current<br \/>Yield<br \/>(at bid)<\/td>\n<td>Median<br \/>YTW<\/td>\n<td>Median<br \/>Average<br \/>Trading<br \/>Value<\/td>\n<td>Median<br \/>Mod Dur<br \/>(YTW)<\/td>\n<td>Issues<\/td>\n<td>Day&#8217;s Perf.<\/td>\n<td>Index Value<\/td>\n<\/tr>\n<tr>\n<td>Ratchet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.0742 %<\/td>\n<td>2,176.3<\/td>\n<\/tr>\n<tr>\n<td>FixedFloater<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.0742 %<\/td>\n<td>3,993.4<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>3.50 %<\/td>\n<td>3.65 %<\/td>\n<td>50,431<\/td>\n<td>18.15<\/td>\n<td>4<\/td>\n<td>0.0742 %<\/td>\n<td>2,301.4<\/td>\n<\/tr>\n<tr>\n<td>OpRet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.1878 %<\/td>\n<td>3,023.6<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.70 %<\/td>\n<td>4.55 %<\/td>\n<td>64,369<\/td>\n<td>3.95<\/td>\n<td>5<\/td>\n<td>-0.1878 %<\/td>\n<td>3,610.8<\/td>\n<\/tr>\n<tr>\n<td>Interest-Bearing<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.1878 %<\/td>\n<td>2,817.3<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.31 %<\/td>\n<td>-3.04 %<\/td>\n<td>72,463<\/td>\n<td>0.09<\/td>\n<td>22<\/td>\n<td>-0.0815 %<\/td>\n<td>2,788.5<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.07 %<\/td>\n<td>5.09 %<\/td>\n<td>105,657<\/td>\n<td>15.34<\/td>\n<td>14<\/td>\n<td>0.1046 %<\/td>\n<td>3,016.2<\/td>\n<\/tr>\n<tr>\n<td>FixedReset<\/td>\n<td>4.44 %<\/td>\n<td>4.05 %<\/td>\n<td>212,955<\/td>\n<td>6.55<\/td>\n<td>94<\/td>\n<td>-0.0869 %<\/td>\n<td>2,333.4<\/td>\n<\/tr>\n<tr>\n<td>Deemed-Retractible<\/td>\n<td>4.98 %<\/td>\n<td>4.32 %<\/td>\n<td>132,830<\/td>\n<td>0.12<\/td>\n<td>30<\/td>\n<td>0.0773 %<\/td>\n<td>2,893.9<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>2.46 %<\/td>\n<td>2.99 %<\/td>\n<td>47,293<\/td>\n<td>4.47<\/td>\n<td>10<\/td>\n<td>-0.1069 %<\/td>\n<td>2,535.2<\/td>\n<\/tr>\n<\/table>\n<table border=\"1\">\n<tr>\n<td colspan=\"4\"><strong>Performance Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Change<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.T<\/td>\n<td>FixedReset<\/td>\n<td>-1.36 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-05-11<br \/>\nMaturity Price  : 22.75<br \/>\nEvaluated at bid price : 23.13<br \/>\nBid-YTW : 3.73 %<\/td>\n<\/tr>\n<tr>\n<td>PVS.PR.E<\/td>\n<td>SplitShare<\/td>\n<td>-1.28 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2022-10-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.21<br \/>\nBid-YTW : 4.72 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.E<\/td>\n<td>FixedReset<\/td>\n<td>-1.06 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-05-11<br \/>\nMaturity Price  : 21.45<br \/>\nEvaluated at bid price : 21.45<br \/>\nBid-YTW : 4.07 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.H<\/td>\n<td>FixedReset<\/td>\n<td>1.64 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2020-12-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.60<br \/>\nBid-YTW : 3.30 %<\/td>\n<\/tr>\n<\/table>\n<table border=\"1\">\n<tr>\n<td colspan=\"4\"><strong>Volume Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Shares<br \/>Traded<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.R<\/td>\n<td>FixedReset<\/td>\n<td>272,595<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2022-03-19<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.98<br \/>\nBid-YTW : 4.13 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.J<\/td>\n<td>FixedReset<\/td>\n<td>122,350<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-05-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 27.10<br \/>\nBid-YTW : 3.56 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.H<\/td>\n<td>FixedReset<\/td>\n<td>112,026<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2022-01-26<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.40<br \/>\nBid-YTW : 3.61 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.X<\/td>\n<td>FixedReset<\/td>\n<td>90,965<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-05-15<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.85<br \/>\nBid-YTW : 3.60 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.Q<\/td>\n<td>FixedReset<\/td>\n<td>81,108<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2022-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.82<br \/>\nBid-YTW : 3.65 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.T<\/td>\n<td>FixedReset<\/td>\n<td>63,854<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-05-11<br \/>\nMaturity Price  : 19.33<br \/>\nEvaluated at bid price : 19.33<br \/>\nBid-YTW : 4.40 %<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\">There were 27 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n<table border=\"1\">\n<tr>\n<td colspan=\"3\"><strong>Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Quote Data and Yield Notes<\/td>\n<\/tr>\n<tr>\n<td>CCS.PR.C<\/td>\n<td>Deemed-Retractible<\/td>\n<td>Quote: 24.05 &#8211; 24.54<br \/>\nSpot Rate  :  0.4900<br \/>\nAverage  :  0.3879<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.05<br \/>\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.T<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 23.13 &#8211; 23.48<br \/>\nSpot Rate  :  0.3500<br \/>\nAverage  :  0.2543<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-05-11<br \/>\nMaturity Price  : 22.75<br \/>\nEvaluated at bid price : 23.13<br \/>\nBid-YTW : 3.73 %<\/td>\n<\/tr>\n<tr>\n<td>BNS.PR.Z<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 22.05 &#8211; 22.32<br \/>\nSpot Rate  :  0.2700<br \/>\nAverage  :  0.1848<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2022-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 22.05<br \/>\nBid-YTW : 4.98 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.H<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 19.02 &#8211; 19.32<br \/>\nSpot Rate  :  0.3000<br \/>\nAverage  :  0.2188<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 19.02<br \/>\nBid-YTW : 7.13 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.A<\/td>\n<td>Floater<\/td>\n<td>Quote: 14.95 &#8211; 15.25<br \/>\nSpot Rate  :  0.3000<br \/>\nAverage  :  0.2208<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-05-11<br \/>\nMaturity Price  : 14.95<br \/>\nEvaluated at bid price : 14.95<br \/>\nBid-YTW : 3.16 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.F<\/td>\n<td>FloatingReset<\/td>\n<td>Quote: 18.64 &#8211; 18.89<br \/>\nSpot Rate  :  0.2500<br \/>\nAverage  :  0.1743<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-05-11<br \/>\nMaturity Price  : 18.64<br \/>\nEvaluated at bid price : 18.64<br \/>\nBid-YTW : 3.27 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Better late than never! HIMIPref&trade; Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref&trade; IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day&#8217;s Perf. Index Value &hellip;<\/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-48414","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48414","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=48414"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48414\/revisions"}],"predecessor-version":[{"id":48415,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48414\/revisions\/48415"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}