{"id":48706,"date":"2017-09-22T21:54:00","date_gmt":"2017-09-23T01:54:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48706"},"modified":"2025-07-24T21:55:22","modified_gmt":"2025-07-25T01:55:22","slug":"september-22-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48706","title":{"rendered":"September 22, 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>\n0.7759 %<\/td>\n2,417.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.7759 %<\/td>\n4,435.6<\/td>\n<\/tr>\n
Floater<\/td>\n3.92 %<\/td>\n3.93 %<\/td>\n102,055<\/td>\n17.58<\/td>\n3<\/td>\n0.7759 %<\/td>\n2,556.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0264 %<\/td>\n3,064.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.76 %<\/td>\n4.83 %<\/td>\n90,941<\/td>\n4.43<\/td>\n6<\/td>\n0.0264 %<\/td>\n3,659.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0264 %<\/td>\n2,855.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.43 %<\/td>\n4.93 %<\/td>\n55,566<\/td>\n6.00<\/td>\n16<\/td>\n-0.0470 %<\/td>\n2,775.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.37 %<\/td>\n5.42 %<\/td>\n71,238<\/td>\n14.71<\/td>\n19<\/td>\n0.0366 %<\/td>\n2,892.2<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.36 %<\/td>\n4.62 %<\/td>\n153,055<\/td>\n6.21<\/td>\n99<\/td>\n0.1225 %<\/td>\n2,408.8<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.14 %<\/td>\n5.69 %<\/td>\n99,899<\/td>\n6.06<\/td>\n31<\/td>\n-0.0420 %<\/td>\n2,852.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.85 %<\/td>\n2.96 %<\/td>\n49,972<\/td>\n4.09<\/td>\n8<\/td>\n0.1530 %<\/td>\n2,654.1<\/td>\n<\/tr>\n<\/table>\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
BAM.PR.B<\/td>\nFloater<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-22
\nMaturity Price : 14.35
\nEvaluated at bid price : 14.35
\nBid-YTW : 3.90 %<\/td>\n<\/tr>\n
IAG.PR.A<\/td>\nDeemed-Retractible<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.26
\nBid-YTW : 6.52 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-22
\nMaturity Price : 17.27
\nEvaluated at bid price : 17.27
\nBid-YTW : 4.72 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-22
\nMaturity Price : 19.92
\nEvaluated at bid price : 19.92
\nBid-YTW : 3.65 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset<\/td>\n2.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-22
\nMaturity Price : 19.95
\nEvaluated at bid price : 19.95
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n<\/table>\n\n\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.H<\/td>\nFixedReset<\/td>\n203,863<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.10
\nBid-YTW : 3.89 %<\/td>\n<\/tr>\n
BNS.PR.H<\/td>\nFixedReset<\/td>\n184,568<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.21
\nBid-YTW : 3.84 %<\/td>\n<\/tr>\n
MFC.PR.R<\/td>\nFixedReset<\/td>\n178,550<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.78
\nBid-YTW : 4.12 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset<\/td>\n165,422<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.10
\nBid-YTW : 8.54 %<\/td>\n<\/tr>\n
RY.PR.D<\/td>\nDeemed-Retractible<\/td>\n141,361<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2017-10-22
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.26
\nBid-YTW : -3.74 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset<\/td>\n135,100<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.34
\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n
TD.PR.Y<\/td>\nFixedReset<\/td>\n102,600<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.99
\nBid-YTW : 3.67 %<\/td>\n<\/tr>\n
BMO.PR.R<\/td>\nFloatingReset<\/td>\n100,500<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.38
\nBid-YTW : 3.21 %<\/td>\n<\/tr>\n
There were 28 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
TRP.PR.E<\/td>\nFixedReset<\/td>\nQuote: 22.30 – 22.60
\nSpot Rate : 0.3000
\nAverage : 0.1959<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-22
\nMaturity Price : 22.07
\nEvaluated at bid price : 22.30
\nBid-YTW : 4.74 %<\/td>\n<\/tr>\n

TRP.PR.K<\/td>\nFixedReset<\/td>\nQuote: 25.78 – 26.00
\nSpot Rate : 0.2200
\nAverage : 0.1387<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.78
\nBid-YTW : 4.26 %<\/td>\n<\/tr>\n

IFC.PR.F<\/td>\nDeemed-Retractible<\/td>\nQuote: 24.45 – 24.73
\nSpot Rate : 0.2800
\nAverage : 0.2055<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.45
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n

BMO.PR.W<\/td>\nFixedReset<\/td>\nQuote: 21.88 – 22.05
\nSpot Rate : 0.1700
\nAverage : 0.1046<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-22
\nMaturity Price : 21.51
\nEvaluated at bid price : 21.88
\nBid-YTW : 4.60 %<\/td>\n<\/tr>\n

TRP.PR.F<\/td>\nFloatingReset<\/td>\nQuote: 19.92 – 20.40
\nSpot Rate : 0.4800
\nAverage : 0.4187<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-22
\nMaturity Price : 19.92
\nEvaluated at bid price : 19.92
\nBid-YTW : 3.65 %<\/td>\n<\/tr>\n

RY.PR.Q<\/td>\nFixedReset<\/td>\nQuote: 26.55 – 26.70
\nSpot Rate : 0.1500
\nAverage : 0.0960<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.55
\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-48706","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48706","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=48706"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48706\/revisions"}],"predecessor-version":[{"id":48707,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48706\/revisions\/48707"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}