{"id":48655,"date":"2017-08-18T21:46:00","date_gmt":"2017-08-19T01:46:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48655"},"modified":"2025-07-23T21:47:00","modified_gmt":"2025-07-24T01:47:00","slug":"august-18-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48655","title":{"rendered":"August 18, 2017"},"content":{"rendered":"<p>Sorry it&#8217;s late!<\/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>-0.4486 %<\/td>\n<td>2,356.5<\/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>-0.4486 %<\/td>\n<td>4,324.0<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>3.67 %<\/td>\n<td>3.71 %<\/td>\n<td>114,552<\/td>\n<td>18.00<\/td>\n<td>3<\/td>\n<td>-0.4486 %<\/td>\n<td>2,491.9<\/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>0.1877 %<\/td>\n<td>3,073.3<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.74 %<\/td>\n<td>4.19 %<\/td>\n<td>56,196<\/td>\n<td>3.77<\/td>\n<td>5<\/td>\n<td>0.1877 %<\/td>\n<td>3,670.2<\/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>0.1877 %<\/td>\n<td>2,863.6<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.42 %<\/td>\n<td>4.91 %<\/td>\n<td>61,328<\/td>\n<td>5.90<\/td>\n<td>17<\/td>\n<td>-0.1093 %<\/td>\n<td>2,773.9<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.33 %<\/td>\n<td>5.36 %<\/td>\n<td>63,977<\/td>\n<td>14.86<\/td>\n<td>20<\/td>\n<td>-0.0128 %<\/td>\n<td>2,918.0<\/td>\n<\/tr>\n<tr>\n<td>FixedReset<\/td>\n<td>4.40 %<\/td>\n<td>4.44 %<\/td>\n<td>148,887<\/td>\n<td>6.37<\/td>\n<td>98<\/td>\n<td>0.1172 %<\/td>\n<td>2,371.6<\/td>\n<\/tr>\n<tr>\n<td>Deemed-Retractible<\/td>\n<td>5.08 %<\/td>\n<td>5.46 %<\/td>\n<td>112,193<\/td>\n<td>6.06<\/td>\n<td>31<\/td>\n<td>0.0210 %<\/td>\n<td>2,863.4<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>2.63 %<\/td>\n<td>3.12 %<\/td>\n<td>42,781<\/td>\n<td>4.21<\/td>\n<td>9<\/td>\n<td>-0.2041 %<\/td>\n<td>2,610.9<\/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>RY.PR.O<\/td>\n<td>Perpetual-Premium<\/td>\n<td>-1.43 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-18<br \/>\nMaturity Price  : 24.37<br \/>\nEvaluated at bid price : 24.79<br \/>\nBid-YTW : 4.94 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.J<\/td>\n<td>FloatingReset<\/td>\n<td>-1.19 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 16.55<br \/>\nBid-YTW : 8.34 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.R<\/td>\n<td>FixedReset<\/td>\n<td>1.02 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-18<br \/>\nMaturity Price  : 19.76<br \/>\nEvaluated at bid price : 19.76<br \/>\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.A<\/td>\n<td>FixedReset<\/td>\n<td>1.13 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 19.65<br \/>\nBid-YTW : 7.13 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.C<\/td>\n<td>FixedReset<\/td>\n<td>1.31 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-18<br \/>\nMaturity Price  : 16.28<br \/>\nEvaluated at bid price : 16.28<br \/>\nBid-YTW : 4.44 %<\/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>IFC.PR.F<\/td>\n<td>Deemed-Retractible<\/td>\n<td>259,384<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.82<br \/>\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.Q<\/td>\n<td>FixedReset<\/td>\n<td>33,200<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-18<br \/>\nMaturity Price  : 22.53<br \/>\nEvaluated at bid price : 23.15<br \/>\nBid-YTW : 4.47 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.G<\/td>\n<td>FixedReset<\/td>\n<td>30,600<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-04-30<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.75<br \/>\nBid-YTW : 3.56 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.C<\/td>\n<td>FixedReset<\/td>\n<td>16,981<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-18<br \/>\nMaturity Price  : 21.31<br \/>\nEvaluated at bid price : 21.31<br \/>\nBid-YTW : 4.54 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.R<\/td>\n<td>FixedReset<\/td>\n<td>15,834<\/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 : 25.61<br \/>\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n<tr>\n<td>PVS.PR.C<\/td>\n<td>SplitShare<\/td>\n<td>13,860<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2017-12-10<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.02<br \/>\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\">There were 6 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>RY.PR.P<\/td>\n<td>Perpetual-Premium<\/td>\n<td>Quote: 25.26 &#8211; 25.72<br \/>\nSpot Rate  :  0.4600<br \/>\nAverage  :  0.2728<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2025-02-24<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.26<br \/>\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.N<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 21.65 &#8211; 22.04<br \/>\nSpot Rate  :  0.3900<br \/>\nAverage  :  0.2190<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-18<br \/>\nMaturity Price  : 21.38<br \/>\nEvaluated at bid price : 21.65<br \/>\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.L<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 25.17 &#8211; 25.54<br \/>\nSpot Rate  :  0.3700<br \/>\nAverage  :  0.2150<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2019-02-24<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.17<br \/>\nBid-YTW : 3.76 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.J<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 23.00 &#8211; 23.35<br \/>\nSpot Rate  :  0.3500<br \/>\nAverage  :  0.2351<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-18<br \/>\nMaturity Price  : 22.47<br \/>\nEvaluated at bid price : 23.00<br \/>\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.F<\/td>\n<td>Perpetual-Premium<\/td>\n<td>Quote: 25.07 &#8211; 25.38<br \/>\nSpot Rate  :  0.3100<br \/>\nAverage  :  0.1971<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-18<br \/>\nMaturity Price  : 24.65<br \/>\nEvaluated at bid price : 25.07<br \/>\nBid-YTW : 4.91 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.B<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 15.08 &#8211; 15.43<br \/>\nSpot Rate  :  0.3500<br \/>\nAverage  :  0.2409<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-18<br \/>\nMaturity Price  : 15.08<br \/>\nEvaluated at bid price : 15.08<br \/>\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Sorry it&#8217;s late! 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 Ratchet &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-48655","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48655","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=48655"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48655\/revisions"}],"predecessor-version":[{"id":48656,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48655\/revisions\/48656"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}