{"id":48800,"date":"2017-10-16T20:32:00","date_gmt":"2017-10-17T00:32:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48800"},"modified":"2025-07-25T20:33:19","modified_gmt":"2025-07-26T00:33:19","slug":"october-16-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48800","title":{"rendered":"October 16, 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-0.2693 %<\/td>\n2,417.1<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2693 %<\/td>\n4,435.4<\/td>\n<\/tr>\n
Floater<\/td>\n3.78 %<\/td>\n3.92 %<\/td>\n33,404<\/td>\n17.60<\/td>\n4<\/td>\n-0.2693 %<\/td>\n2,556.1<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2047 %<\/td>\n3,073.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.75 %<\/td>\n4.63 %<\/td>\n72,317<\/td>\n4.37<\/td>\n6<\/td>\n0.2047 %<\/td>\n3,670.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2047 %<\/td>\n2,863.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.35 %<\/td>\n1.37 %<\/td>\n61,306<\/td>\n0.13<\/td>\n17<\/td>\n0.0717 %<\/td>\n2,822.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.33 %<\/td>\n5.31 %<\/td>\n61,761<\/td>\n14.96<\/td>\n19<\/td>\n0.1984 %<\/td>\n2,954.8<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.25 %<\/td>\n4.22 %<\/td>\n153,955<\/td>\n4.51<\/td>\n99<\/td>\n-0.0253 %<\/td>\n2,475.8<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.07 %<\/td>\n5.54 %<\/td>\n99,082<\/td>\n6.00<\/td>\n30<\/td>\n0.0456 %<\/td>\n2,903.0<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.80 %<\/td>\n2.79 %<\/td>\n48,250<\/td>\n4.05<\/td>\n8<\/td>\n-0.2930 %<\/td>\n2,671.6<\/td>\n<\/tr>\n<\/table>\n\n\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
HSE.PR.A<\/td>\nFixedReset<\/td>\n-1.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-16
\nMaturity Price : 17.10
\nEvaluated at bid price : 17.10
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-16
\nMaturity Price : 16.38
\nEvaluated at bid price : 16.38
\nBid-YTW : 3.45 %<\/td>\n<\/tr>\n
BIP.PR.C<\/td>\nFixedReset<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.66
\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset<\/td>\n-1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-16
\nMaturity Price : 23.31
\nEvaluated at bid price : 24.75
\nBid-YTW : 4.34 %<\/td>\n<\/tr>\n
HSE.PR.C<\/td>\nFixedReset<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-16
\nMaturity Price : 23.23
\nEvaluated at bid price : 24.25
\nBid-YTW : 4.93 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-16
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.74
\nBid-YTW : 5.23 %<\/td>\n<\/tr>\n
PVS.PR.E<\/td>\nSplitShare<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.15
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-16
\nMaturity Price : 23.41
\nEvaluated at bid price : 23.68
\nBid-YTW : 5.23 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nDeemed-Retractible<\/td>\n1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.80
\nBid-YTW : 6.27 %<\/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.C<\/td>\nFixedReset<\/td>\n100,875<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-16
\nMaturity Price : 22.78
\nEvaluated at bid price : 23.40
\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n
TRP.PR.K<\/td>\nFixedReset<\/td>\n86,651<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.02
\nBid-YTW : 4.10 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset<\/td>\n76,901<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-16
\nMaturity Price : 23.00
\nEvaluated at bid price : 24.10
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset<\/td>\n68,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-16
\nMaturity Price : 22.62
\nEvaluated at bid price : 23.15
\nBid-YTW : 4.24 %<\/td>\n<\/tr>\n
NA.PR.C<\/td>\nFixedReset<\/td>\n56,019<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-11-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.43
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n
RY.PR.Q<\/td>\nFixedReset<\/td>\n55,394<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.86
\nBid-YTW : 3.54 %<\/td>\n<\/tr>\n
There were 25 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
PWF.PR.R<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.30 – 25.63
\nSpot Rate : 0.3300
\nAverage : 0.1945<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-04-30
\nMaturity Price : 25.25
\nEvaluated at bid price : 25.30
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n

MFC.PR.G<\/td>\nFixedReset<\/td>\nQuote: 24.34 – 24.72
\nSpot Rate : 0.3800
\nAverage : 0.2599<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.34
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n

PWF.PR.P<\/td>\nFixedReset<\/td>\nQuote: 17.45 – 17.80
\nSpot Rate : 0.3500
\nAverage : 0.2334<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-16
\nMaturity Price : 17.45
\nEvaluated at bid price : 17.45
\nBid-YTW : 4.52 %<\/td>\n<\/tr>\n

MFC.PR.N<\/td>\nFixedReset<\/td>\nQuote: 22.98 – 23.29
\nSpot Rate : 0.3100
\nAverage : 0.1947<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.98
\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n

MFC.PR.J<\/td>\nFixedReset<\/td>\nQuote: 24.22 – 24.71
\nSpot Rate : 0.4900
\nAverage : 0.3833<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.22
\nBid-YTW : 4.91 %<\/td>\n<\/tr>\n

ELF.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.17 – 22.65
\nSpot Rate : 0.4800
\nAverage : 0.3743<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-16
\nMaturity Price : 21.94
\nEvaluated at bid price : 22.17
\nBid-YTW : 5.38 %<\/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-48800","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48800","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=48800"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48800\/revisions"}],"predecessor-version":[{"id":48801,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48800\/revisions\/48801"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}