{"id":48728,"date":"2017-09-01T22:16:00","date_gmt":"2017-09-02T02:16:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48728"},"modified":"2025-07-24T22:16:29","modified_gmt":"2025-07-25T02:16:29","slug":"september-1-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48728","title":{"rendered":"September 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>\n0.2604 %<\/td>\n2,367.6<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2604 %<\/td>\n4,344.5<\/td>\n<\/tr>\n
Floater<\/td>\n3.66 %<\/td>\n3.69 %<\/td>\n114,249<\/td>\n18.01<\/td>\n3<\/td>\n0.2604 %<\/td>\n2,503.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0472 %<\/td>\n3,087.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.72 %<\/td>\n3.85 %<\/td>\n51,607<\/td>\n1.31<\/td>\n5<\/td>\n-0.0472 %<\/td>\n3,686.7<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0472 %<\/td>\n2,876.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.41 %<\/td>\n4.73 %<\/td>\n55,823<\/td>\n5.86<\/td>\n16<\/td>\n0.0172 %<\/td>\n2,781.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.30 %<\/td>\n5.34 %<\/td>\n73,062<\/td>\n14.87<\/td>\n19<\/td>\n-0.2337 %<\/td>\n2,921.5<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.36 %<\/td>\n4.41 %<\/td>\n146,813<\/td>\n6.33<\/td>\n98<\/td>\n0.1749 %<\/td>\n2,395.8<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.10 %<\/td>\n5.47 %<\/td>\n98,714<\/td>\n6.08<\/td>\n31<\/td>\n-0.1492 %<\/td>\n2,871.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.57 %<\/td>\n2.91 %<\/td>\n40,974<\/td>\n4.17<\/td>\n8<\/td>\n0.1382 %<\/td>\n2,623.3<\/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
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-01
\nMaturity Price : 24.18
\nEvaluated at bid price : 24.55
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n
W.PR.H<\/td>\nPerpetual-Discount<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-01
\nMaturity Price : 24.25
\nEvaluated at bid price : 24.55
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-01
\nMaturity Price : 23.05
\nEvaluated at bid price : 24.10
\nBid-YTW : 4.56 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-01
\nMaturity Price : 20.65
\nEvaluated at bid price : 20.65
\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-01
\nMaturity Price : 22.80
\nEvaluated at bid price : 23.57
\nBid-YTW : 4.40 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset<\/td>\n1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-01
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset<\/td>\n1.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-01
\nMaturity Price : 17.64
\nEvaluated at bid price : 17.64
\nBid-YTW : 4.57 %<\/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.B<\/td>\nDeemed-Retractible<\/td>\n212,307<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2017-10-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.08
\nBid-YTW : 2.06 %<\/td>\n<\/tr>\n
TRP.PR.J<\/td>\nFixedReset<\/td>\n152,348<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.70
\nBid-YTW : 3.57 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset<\/td>\n137,706<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-01
\nMaturity Price : 21.81
\nEvaluated at bid price : 22.32
\nBid-YTW : 4.42 %<\/td>\n<\/tr>\n
RY.PR.L<\/td>\nFixedReset<\/td>\n109,100<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2019-02-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.20
\nBid-YTW : 3.78 %<\/td>\n<\/tr>\n
RY.PR.Q<\/td>\nFixedReset<\/td>\n104,512<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.70
\nBid-YTW : 3.59 %<\/td>\n<\/tr>\n
RY.PR.R<\/td>\nFixedReset<\/td>\n102,321<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.80
\nBid-YTW : 3.60 %<\/td>\n<\/tr>\n
There were 24 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
HSE.PR.G<\/td>\nFixedReset<\/td>\nQuote: 23.90 – 24.34
\nSpot Rate : 0.4400
\nAverage : 0.3096<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-01
\nMaturity Price : 22.95
\nEvaluated at bid price : 23.90
\nBid-YTW : 5.24 %<\/td>\n<\/tr>\n

MFC.PR.M<\/td>\nFixedReset<\/td>\nQuote: 21.92 – 22.29
\nSpot Rate : 0.3700
\nAverage : 0.2436<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.92
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n

BMO.PR.Y<\/td>\nFixedReset<\/td>\nQuote: 23.53 – 23.96
\nSpot Rate : 0.4300
\nAverage : 0.3146<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-01
\nMaturity Price : 22.74
\nEvaluated at bid price : 23.53
\nBid-YTW : 4.41 %<\/td>\n<\/tr>\n

HSE.PR.E<\/td>\nFixedReset<\/td>\nQuote: 23.78 – 24.10
\nSpot Rate : 0.3200
\nAverage : 0.2166<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-09-01
\nMaturity Price : 22.93
\nEvaluated at bid price : 23.78
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n

IAG.PR.G<\/td>\nFixedReset<\/td>\nQuote: 22.65 – 23.04
\nSpot Rate : 0.3900
\nAverage : 0.2890<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.65
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n

MFC.PR.H<\/td>\nFixedReset<\/td>\nQuote: 24.36 – 24.67
\nSpot Rate : 0.3100
\nAverage : 0.2103<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.36
\nBid-YTW : 5.07 %<\/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-48728","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48728","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=48728"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48728\/revisions"}],"predecessor-version":[{"id":48729,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48728\/revisions\/48729"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}