{"id":48699,"date":"2017-09-25T21:49:00","date_gmt":"2017-09-26T01:49:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48699"},"modified":"2025-07-24T21:49:33","modified_gmt":"2025-07-25T01:49:33","slug":"september-25-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48699","title":{"rendered":"September 25, 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-1.0033 %<\/td>\n2,393.1<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.0033 %<\/td>\n4,391.1<\/td>\n<\/tr>\n
Floater<\/td>\n3.96 %<\/td>\n3.96 %<\/td>\n100,641<\/td>\n17.51<\/td>\n3<\/td>\n-1.0033 %<\/td>\n2,530.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0529 %<\/td>\n3,063.1<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.76 %<\/td>\n4.83 %<\/td>\n92,284<\/td>\n4.42<\/td>\n6<\/td>\n-0.0529 %<\/td>\n3,657.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0529 %<\/td>\n2,854.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.43 %<\/td>\n4.87 %<\/td>\n56,380<\/td>\n5.99<\/td>\n16<\/td>\n0.0396 %<\/td>\n2,777.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.38 %<\/td>\n5.46 %<\/td>\n70,663<\/td>\n14.62<\/td>\n19<\/td>\n-0.1988 %<\/td>\n2,886.4<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.36 %<\/td>\n4.62 %<\/td>\n147,308<\/td>\n6.21<\/td>\n99<\/td>\n-0.1020 %<\/td>\n2,406.4<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.15 %<\/td>\n5.73 %<\/td>\n99,133<\/td>\n6.04<\/td>\n31<\/td>\n-0.2157 %<\/td>\n2,846.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.84 %<\/td>\n3.19 %<\/td>\n53,979<\/td>\n4.08<\/td>\n8<\/td>\n-0.2291 %<\/td>\n2,648.0<\/td>\n<\/tr>\n<\/table>\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.B<\/td>\nFloater<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-25
\nMaturity Price : 14.16
\nEvaluated at bid price : 14.16
\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-25
\nMaturity Price : 24.05
\nEvaluated at bid price : 24.30
\nBid-YTW : 5.48 %<\/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
TD.PF.E<\/td>\nFixedReset<\/td>\n130,566<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-25
\nMaturity Price : 23.15
\nEvaluated at bid price : 24.44
\nBid-YTW : 4.58 %<\/td>\n<\/tr>\n
BAM.PF.J<\/td>\nFixedReset<\/td>\n111,796<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.18
\nBid-YTW : 4.65 %<\/td>\n<\/tr>\n
TD.PF.H<\/td>\nFixedReset<\/td>\n110,157<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.09
\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset<\/td>\n89,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-25
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 4.92 %<\/td>\n<\/tr>\n
BNS.PR.H<\/td>\nFixedReset<\/td>\n84,843<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.19
\nBid-YTW : 3.87 %<\/td>\n<\/tr>\n
TD.PR.T<\/td>\nFloatingReset<\/td>\n66,000<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.68
\nBid-YTW : 2.85 %<\/td>\n<\/tr>\n
There were 32 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
BMO.PR.Y<\/td>\nFixedReset<\/td>\nQuote: 23.85 – 24.30
\nSpot Rate : 0.4500
\nAverage : 0.2722<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-25
\nMaturity Price : 22.92
\nEvaluated at bid price : 23.85
\nBid-YTW : 4.59 %<\/td>\n<\/tr>\n

HSE.PR.C<\/td>\nFixedReset<\/td>\nQuote: 23.40 – 23.95
\nSpot Rate : 0.5500
\nAverage : 0.3750<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-25
\nMaturity Price : 23.10
\nEvaluated at bid price : 23.40
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n

MFC.PR.O<\/td>\nFixedReset<\/td>\nQuote: 26.78 – 27.30
\nSpot Rate : 0.5200
\nAverage : 0.3864<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-06-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.78
\nBid-YTW : 3.60 %<\/td>\n<\/tr>\n

HSE.PR.E<\/td>\nFixedReset<\/td>\nQuote: 24.21 – 24.50
\nSpot Rate : 0.2900
\nAverage : 0.1742<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-25
\nMaturity Price : 23.15
\nEvaluated at bid price : 24.21
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n

TRP.PR.D<\/td>\nFixedReset<\/td>\nQuote: 22.20 – 22.50
\nSpot Rate : 0.3000
\nAverage : 0.1887<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-25
\nMaturity Price : 21.74
\nEvaluated at bid price : 22.20
\nBid-YTW : 4.72 %<\/td>\n<\/tr>\n

RY.PR.R<\/td>\nFixedReset<\/td>\nQuote: 26.66 – 26.95
\nSpot Rate : 0.2900
\nAverage : 0.1838<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.66
\nBid-YTW : 3.82 %<\/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-48699","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48699","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=48699"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48699\/revisions"}],"predecessor-version":[{"id":48700,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48699\/revisions\/48700"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}