{"id":48858,"date":"2017-10-23T11:28:00","date_gmt":"2017-10-23T15:28:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48858"},"modified":"2025-07-28T11:29:03","modified_gmt":"2025-07-28T15:29:03","slug":"october-23-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48858","title":{"rendered":"October 23, 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>\n0.7958 %<\/td>\n2,428.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.7958 %<\/td>\n4,455.6<\/td>\n<\/tr>\n
Floater<\/td>\n3.76 %<\/td>\n3.90 %<\/td>\n34,329<\/td>\n17.62<\/td>\n4<\/td>\n0.7958 %<\/td>\n2,567.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0923 %<\/td>\n3,074.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.74 %<\/td>\n4.78 %<\/td>\n72,019<\/td>\n4.35<\/td>\n6<\/td>\n0.0923 %<\/td>\n3,671.7<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0923 %<\/td>\n2,864.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.35 %<\/td>\n2.02 %<\/td>\n61,662<\/td>\n0.19<\/td>\n17<\/td>\n0.1456 %<\/td>\n2,825.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.30 %<\/td>\n5.25 %<\/td>\n60,781<\/td>\n15.00<\/td>\n19<\/td>\n0.1278 %<\/td>\n2,970.0<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.23 %<\/td>\n4.21 %<\/td>\n148,918<\/td>\n4.38<\/td>\n99<\/td>\n0.0488 %<\/td>\n2,486.4<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.06 %<\/td>\n5.53 %<\/td>\n101,091<\/td>\n5.99<\/td>\n30<\/td>\n0.1931 %<\/td>\n2,910.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.74 %<\/td>\n2.75 %<\/td>\n46,380<\/td>\n4.03<\/td>\n8<\/td>\n0.1904 %<\/td>\n2,678.6<\/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
RY.PR.Z<\/td>\nFixedReset<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-23
\nMaturity Price : 23.51
\nEvaluated at bid price : 23.91
\nBid-YTW : 4.12 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-23
\nMaturity Price : 23.62
\nEvaluated at bid price : 24.01
\nBid-YTW : 4.22 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nDeemed-Retractible<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.75
\nBid-YTW : 6.32 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.40
\nBid-YTW : 5.04 %<\/td>\n<\/tr>\n
BMO.PR.Z<\/td>\nPerpetual-Premium<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-08-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.30
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-23
\nMaturity Price : 20.10
\nEvaluated at bid price : 20.10
\nBid-YTW : 3.53 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n2.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-23
\nMaturity Price : 14.45
\nEvaluated at bid price : 14.45
\nBid-YTW : 3.90 %<\/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
NA.PR.Q<\/td>\nFixedReset<\/td>\n292,577<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2017-12-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.97
\nBid-YTW : 3.00 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset<\/td>\n138,117<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.40
\nBid-YTW : 4.04 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset<\/td>\n81,710<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.72
\nBid-YTW : 3.86 %<\/td>\n<\/tr>\n
HSB.PR.D<\/td>\nDeemed-Retractible<\/td>\n72,200<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2017-11-22
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.25
\nBid-YTW : -3.29 %<\/td>\n<\/tr>\n
BMO.PR.C<\/td>\nFixedReset<\/td>\n56,450<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.60
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset<\/td>\n51,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-23
\nMaturity Price : 23.26
\nEvaluated at bid price : 24.70
\nBid-YTW : 4.21 %<\/td>\n<\/tr>\n
There were 18 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
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.21 – 24.80
\nSpot Rate : 0.5900
\nAverage : 0.3588<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-23
\nMaturity Price : 23.96
\nEvaluated at bid price : 24.21
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n

MFC.PR.F<\/td>\nFixedReset<\/td>\nQuote: 18.37 – 18.79
\nSpot Rate : 0.4200
\nAverage : 0.2708<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.37
\nBid-YTW : 7.44 %<\/td>\n<\/tr>\n

IFC.PR.A<\/td>\nFixedReset<\/td>\nQuote: 20.60 – 21.00
\nSpot Rate : 0.4000
\nAverage : 0.2774<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.60
\nBid-YTW : 6.60 %<\/td>\n<\/tr>\n

BMO.PR.S<\/td>\nFixedReset<\/td>\nQuote: 24.01 – 24.35
\nSpot Rate : 0.3400
\nAverage : 0.2236<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-23
\nMaturity Price : 23.62
\nEvaluated at bid price : 24.01
\nBid-YTW : 4.22 %<\/td>\n<\/tr>\n

TRP.PR.G<\/td>\nFixedReset<\/td>\nQuote: 23.99 – 24.48
\nSpot Rate : 0.4900
\nAverage : 0.3865<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-10-23
\nMaturity Price : 22.95
\nEvaluated at bid price : 23.99
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n

BMO.PR.Y<\/td>\nFixedReset<\/td>\nQuote: 24.88 – 25.25
\nSpot Rate : 0.3700
\nAverage : 0.2799<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-08-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.88
\nBid-YTW : 4.23 %<\/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-48858","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48858","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=48858"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48858\/revisions"}],"predecessor-version":[{"id":48859,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48858\/revisions\/48859"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}