{"id":48693,"date":"2017-08-25T11:07:00","date_gmt":"2017-08-25T15:07:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48693"},"modified":"2025-07-24T11:07:52","modified_gmt":"2025-07-24T15:07:52","slug":"august-25-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48693","title":{"rendered":"August 25, 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>0.0477 %<\/td>\n<td>2,347.0<\/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>0.0477 %<\/td>\n<td>4,306.6<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>3.69 %<\/td>\n<td>3.73 %<\/td>\n<td>116,588<\/td>\n<td>17.95<\/td>\n<td>3<\/td>\n<td>0.0477 %<\/td>\n<td>2,481.9<\/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>0.1183 %<\/td>\n<td>3,081.3<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.73 %<\/td>\n<td>4.02 %<\/td>\n<td>52,658<\/td>\n<td>1.33<\/td>\n<td>5<\/td>\n<td>0.1183 %<\/td>\n<td>3,679.8<\/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>0.1183 %<\/td>\n<td>2,871.1<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.40 %<\/td>\n<td>4.80 %<\/td>\n<td>56,233<\/td>\n<td>2.43<\/td>\n<td>17<\/td>\n<td>0.0767 %<\/td>\n<td>2,782.0<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.31 %<\/td>\n<td>5.34 %<\/td>\n<td>63,052<\/td>\n<td>14.89<\/td>\n<td>20<\/td>\n<td>-0.1022 %<\/td>\n<td>2,926.4<\/td>\n<\/tr>\n<tr>\n<td>FixedReset<\/td>\n<td>4.35 %<\/td>\n<td>4.36 %<\/td>\n<td>144,332<\/td>\n<td>6.34<\/td>\n<td>98<\/td>\n<td>0.3518 %<\/td>\n<td>2,398.3<\/td>\n<\/tr>\n<tr>\n<td>Deemed-Retractible<\/td>\n<td>5.07 %<\/td>\n<td>5.50 %<\/td>\n<td>104,971<\/td>\n<td>6.04<\/td>\n<td>31<\/td>\n<td>0.0308 %<\/td>\n<td>2,868.0<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>2.63 %<\/td>\n<td>3.05 %<\/td>\n<td>40,398<\/td>\n<td>4.19<\/td>\n<td>9<\/td>\n<td>-0.0765 %<\/td>\n<td>2,616.6<\/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>TRP.PR.H<\/td>\n<td>FloatingReset<\/td>\n<td>-1.57 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 15.02<br \/>\nEvaluated at bid price : 15.02<br \/>\nBid-YTW : 3.33 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.W<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.21 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 24.23<br \/>\nEvaluated at bid price : 24.52<br \/>\nBid-YTW : 5.01 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.Z<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.13 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 24.15<br \/>\nEvaluated at bid price : 24.52<br \/>\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.D<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.03 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 23.85<br \/>\nEvaluated at bid price : 24.10<br \/>\nBid-YTW : 5.24 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.D<\/td>\n<td>FixedReset<\/td>\n<td>1.01 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 21.60<br \/>\nEvaluated at bid price : 22.00<br \/>\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.T<\/td>\n<td>FixedReset<\/td>\n<td>1.01 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 21.53<br \/>\nEvaluated at bid price : 21.91<br \/>\nBid-YTW : 4.28 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.D<\/td>\n<td>FixedReset<\/td>\n<td>1.06 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 22.92<br \/>\nEvaluated at bid price : 23.86<br \/>\nBid-YTW : 4.36 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.P<\/td>\n<td>FixedReset<\/td>\n<td>1.07 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 21.46<br \/>\nEvaluated at bid price : 21.81<br \/>\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.W<\/td>\n<td>FixedReset<\/td>\n<td>1.07 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 21.38<br \/>\nEvaluated at bid price : 21.70<br \/>\nBid-YTW : 4.29 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.J<\/td>\n<td>FixedReset<\/td>\n<td>1.07 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 22.79<br \/>\nEvaluated at bid price : 23.56<br \/>\nBid-YTW : 4.37 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.D<\/td>\n<td>Deemed-Retractible<\/td>\n<td>1.12 %<\/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 : 21.60<br \/>\nBid-YTW : 6.98 %<\/td>\n<\/tr>\n<tr>\n<td>HSE.PR.A<\/td>\n<td>FixedReset<\/td>\n<td>1.21 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 16.75<br \/>\nEvaluated at bid price : 16.75<br \/>\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.C<\/td>\n<td>FixedReset<\/td>\n<td>1.25 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 21.51<br \/>\nEvaluated at bid price : 21.88<br \/>\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.E<\/td>\n<td>FixedReset<\/td>\n<td>1.25 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 23.06<br \/>\nEvaluated at bid price : 24.26<br \/>\nBid-YTW : 4.35 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.P<\/td>\n<td>FixedReset<\/td>\n<td>1.32 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 16.94<br \/>\nEvaluated at bid price : 16.94<br \/>\nBid-YTW : 4.40 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.B<\/td>\n<td>FixedReset<\/td>\n<td>1.34 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 21.53<br \/>\nEvaluated at bid price : 21.91<br \/>\nBid-YTW : 4.32 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.E<\/td>\n<td>FixedReset<\/td>\n<td>1.37 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 22.03<br \/>\nEvaluated at bid price : 22.26<br \/>\nBid-YTW : 4.40 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.Y<\/td>\n<td>FixedReset<\/td>\n<td>1.41 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 22.86<br \/>\nEvaluated at bid price : 23.77<br \/>\nBid-YTW : 4.32 %<\/td>\n<\/tr>\n<tr>\n<td>HSE.PR.G<\/td>\n<td>FixedReset<\/td>\n<td>1.48 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 23.01<br \/>\nEvaluated at bid price : 24.02<br \/>\nBid-YTW : 5.18 %<\/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>CM.PR.R<\/td>\n<td>FixedReset<\/td>\n<td>317,045<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2022-07-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.11<br \/>\nBid-YTW : 4.56 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.R<\/td>\n<td>FixedReset<\/td>\n<td>258,875<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-08-24<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.79<br \/>\nBid-YTW : 3.59 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.I<\/td>\n<td>FixedReset<\/td>\n<td>164,421<\/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 : 23.77<br \/>\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.S<\/td>\n<td>FixedReset<\/td>\n<td>131,767<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 21.81<br \/>\nEvaluated at bid price : 22.31<br \/>\nBid-YTW : 4.29 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.R<\/td>\n<td>FloatingReset<\/td>\n<td>99,900<\/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 : 24.27<br \/>\nBid-YTW : 2.97 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.Q<\/td>\n<td>FixedReset<\/td>\n<td>91,621<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-05-24<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.79<br \/>\nBid-YTW : 3.47 %<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\">There were 36 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.W<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 24.52 &#8211; 24.95<br \/>\nSpot Rate  :  0.4300<br \/>\nAverage  :  0.2751<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 24.23<br \/>\nEvaluated at bid price : 24.52<br \/>\nBid-YTW : 5.01 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.H<\/td>\n<td>FloatingReset<\/td>\n<td>Quote: 15.02 &#8211; 15.68<br \/>\nSpot Rate  :  0.6600<br \/>\nAverage  :  0.5172<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2047-08-25<br \/>\nMaturity Price  : 15.02<br \/>\nEvaluated at bid price : 15.02<br \/>\nBid-YTW : 3.33 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.H<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 24.36 &#8211; 24.76<br \/>\nSpot Rate  :  0.4000<br \/>\nAverage  :  0.2611<\/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 : 24.36<br \/>\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.C<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 25.40 &#8211; 25.70<br \/>\nSpot Rate  :  0.3000<br \/>\nAverage  :  0.1740<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2022-05-25<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.40<br \/>\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.P<\/td>\n<td>Deemed-Retractible<\/td>\n<td>Quote: 25.18 &#8211; 25.55<br \/>\nSpot Rate  :  0.3700<br \/>\nAverage  :  0.2460<\/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 : 25.18<br \/>\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n<tr>\n<td>W.PR.M<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 26.18 &#8211; 26.50<br \/>\nSpot Rate  :  0.3200<br \/>\nAverage  :  0.2159<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-10-15<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.18<br \/>\nBid-YTW : 4.13 %<\/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-48693","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48693","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=48693"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48693\/revisions"}],"predecessor-version":[{"id":48694,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48693\/revisions\/48694"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}