{"id":48432,"date":"2017-05-01T22:26:00","date_gmt":"2017-05-02T02:26:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48432"},"modified":"2025-07-18T22:26:50","modified_gmt":"2025-07-19T02:26:50","slug":"may-1-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48432","title":{"rendered":"May 1, 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>\n0.3004 %<\/td>\n2,155.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3004 %<\/td>\n3,955.0<\/td>\n<\/tr>\n
Floater<\/td>\n3.54 %<\/td>\n3.65 %<\/td>\n47,544<\/td>\n18.17<\/td>\n4<\/td>\n0.3004 %<\/td>\n2,279.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1174 %<\/td>\n3,025.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.70 %<\/td>\n4.39 %<\/td>\n72,259<\/td>\n1.62<\/td>\n5<\/td>\n-0.1174 %<\/td>\n3,612.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1174 %<\/td>\n2,818.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.31 %<\/td>\n-4.24 %<\/td>\n73,898<\/td>\n0.09<\/td>\n22<\/td>\n0.1244 %<\/td>\n2,784.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.07 %<\/td>\n5.12 %<\/td>\n104,723<\/td>\n15.30<\/td>\n14<\/td>\n0.2093 %<\/td>\n3,008.5<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.42 %<\/td>\n4.00 %<\/td>\n229,561<\/td>\n6.57<\/td>\n94<\/td>\n-0.0977 %<\/td>\n2,340.3<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.00 %<\/td>\n4.86 %<\/td>\n144,054<\/td>\n2.68<\/td>\n31<\/td>\n0.0787 %<\/td>\n2,891.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.51 %<\/td>\n3.07 %<\/td>\n51,279<\/td>\n4.49<\/td>\n10<\/td>\n-0.1721 %<\/td>\n2,531.1<\/td>\n<\/tr>\n<\/table>\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
BMO.PR.T<\/td>\nFixedReset<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-01
\nMaturity Price : 21.30
\nEvaluated at bid price : 21.30
\nBid-YTW : 3.94 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-01
\nMaturity Price : 24.23
\nEvaluated at bid price : 24.52
\nBid-YTW : 5.13 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-01
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.80
\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-01
\nMaturity Price : 22.53
\nEvaluated at bid price : 23.22
\nBid-YTW : 4.00 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.20
\nBid-YTW : 6.97 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 16.42
\nBid-YTW : 8.58 %<\/td>\n<\/tr>\n
HSE.PR.C<\/td>\nFixedReset<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-01
\nMaturity Price : 22.72
\nEvaluated at bid price : 23.41
\nBid-YTW : 4.50 %<\/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.R<\/td>\nFixedReset<\/td>\n63,700<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.10
\nBid-YTW : 3.33 %<\/td>\n<\/tr>\n
BMO.PR.C<\/td>\nFixedReset<\/td>\n48,780<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.72
\nBid-YTW : 4.03 %<\/td>\n<\/tr>\n
RY.PR.Q<\/td>\nFixedReset<\/td>\n48,136<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.08
\nBid-YTW : 3.22 %<\/td>\n<\/tr>\n
BMO.PR.L<\/td>\nDeemed-Retractible<\/td>\n23,294<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2017-06-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.98
\nBid-YTW : 3.79 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset<\/td>\n19,110<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-01
\nMaturity Price : 21.30
\nEvaluated at bid price : 21.30
\nBid-YTW : 3.94 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset<\/td>\n15,050<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-01
\nMaturity Price : 21.46
\nEvaluated at bid price : 21.81
\nBid-YTW : 3.78 %<\/td>\n<\/tr>\n
There were 10 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
BAM.PF.H<\/td>\nFixedReset<\/td>\nQuote: 26.10 – 26.44
\nSpot Rate : 0.3400
\nAverage : 0.2067<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.10
\nBid-YTW : 3.85 %<\/td>\n<\/tr>\n

BAM.PF.I<\/td>\nFixedReset<\/td>\nQuote: 26.10 – 26.48
\nSpot Rate : 0.3800
\nAverage : 0.2481<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.10
\nBid-YTW : 3.92 %<\/td>\n<\/tr>\n

BAM.PR.Z<\/td>\nFixedReset<\/td>\nQuote: 22.50 – 22.90
\nSpot Rate : 0.4000
\nAverage : 0.2988<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-01
\nMaturity Price : 21.95
\nEvaluated at bid price : 22.50
\nBid-YTW : 4.48 %<\/td>\n<\/tr>\n

POW.PR.D<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.52 – 24.80
\nSpot Rate : 0.2800
\nAverage : 0.1937<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-01
\nMaturity Price : 24.23
\nEvaluated at bid price : 24.52
\nBid-YTW : 5.13 %<\/td>\n<\/tr>\n

BAM.PF.B<\/td>\nFixedReset<\/td>\nQuote: 21.79 – 22.08
\nSpot Rate : 0.2900
\nAverage : 0.2135<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-05-01
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.79
\nBid-YTW : 4.29 %<\/td>\n<\/tr>\n

EIT.PR.A<\/td>\nSplitShare<\/td>\nQuote: 25.60 – 25.80
\nSpot Rate : 0.2000
\nAverage : 0.1363<\/p>\n

YTW SCENARIO
\nMaturity Type : Soft Maturity
\nMaturity Date\t: 2024-03-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.60
\nBid-YTW : 4.52 %<\/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-48432","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48432","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=48432"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48432\/revisions"}],"predecessor-version":[{"id":48433,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48432\/revisions\/48433"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}