{"id":48932,"date":"2017-12-19T20:06:00","date_gmt":"2017-12-20T01:06:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48932"},"modified":"2025-07-31T20:07:10","modified_gmt":"2025-08-01T00:07:10","slug":"december-19-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48932","title":{"rendered":"December 19, 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>\n0.0663 %<\/td>\n2,480.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0663 %<\/td>\n4,551.1<\/td>\n<\/tr>\n
Floater<\/td>\n3.71 %<\/td>\n3.85 %<\/td>\n32,701<\/td>\n17.76<\/td>\n4<\/td>\n0.0663 %<\/td>\n2,622.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1092 %<\/td>\n3,145.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.67 %<\/td>\n3.99 %<\/td>\n65,090<\/td>\n3.48<\/td>\n5<\/td>\n0.1092 %<\/td>\n3,756.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1092 %<\/td>\n2,930.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.36 %<\/td>\n4.80 %<\/td>\n50,225<\/td>\n0.12<\/td>\n20<\/td>\n0.0000 %<\/td>\n2,839.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.24 %<\/td>\n5.31 %<\/td>\n69,933<\/td>\n14.90<\/td>\n14<\/td>\n0.0000 %<\/td>\n3,003.1<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.27 %<\/td>\n4.32 %<\/td>\n151,034<\/td>\n6.09<\/td>\n98<\/td>\n0.2616 %<\/td>\n2,483.4<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.07 %<\/td>\n5.28 %<\/td>\n88,878<\/td>\n5.92<\/td>\n30<\/td>\n-0.0925 %<\/td>\n2,937.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.79 %<\/td>\n2.80 %<\/td>\n41,183<\/td>\n3.88<\/td>\n8<\/td>\n0.1632 %<\/td>\n2,684.1<\/td>\n<\/tr>\n<\/table>\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
BAM.PR.X<\/td>\nFixedReset<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-19
\nMaturity Price : 17.23
\nEvaluated at bid price : 17.23
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.85
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-19
\nMaturity Price : 19.72
\nEvaluated at bid price : 19.72
\nBid-YTW : 4.55 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset<\/td>\n1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-19
\nMaturity Price : 17.02
\nEvaluated at bid price : 17.02
\nBid-YTW : 4.56 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-19
\nMaturity Price : 19.70
\nEvaluated at bid price : 19.70
\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset<\/td>\n1.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.70
\nBid-YTW : 7.30 %<\/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.J<\/td>\nFixedReset<\/td>\n105,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-19
\nMaturity Price : 23.30
\nEvaluated at bid price : 24.51
\nBid-YTW : 4.37 %<\/td>\n<\/tr>\n
BNS.PR.Z<\/td>\nFixedReset<\/td>\n101,910<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.06
\nBid-YTW : 4.46 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset<\/td>\n79,337<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.60
\nBid-YTW : 4.00 %<\/td>\n<\/tr>\n
BAM.PF.J<\/td>\nFixedReset<\/td>\n58,975<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.52
\nBid-YTW : 4.28 %<\/td>\n<\/tr>\n
TD.PR.Y<\/td>\nFixedReset<\/td>\n57,800<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.01
\nBid-YTW : 3.54 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset<\/td>\n47,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-19
\nMaturity Price : 22.56
\nEvaluated at bid price : 22.87
\nBid-YTW : 4.32 %<\/td>\n<\/tr>\n
There were 31 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.A<\/td>\nFixedReset<\/td>\nQuote: 16.80 – 17.30
\nSpot Rate : 0.5000
\nAverage : 0.3481<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-19
\nMaturity Price : 16.80
\nEvaluated at bid price : 16.80
\nBid-YTW : 4.84 %<\/td>\n<\/tr>\n

BAM.PF.E<\/td>\nFixedReset<\/td>\nQuote: 23.16 – 23.55
\nSpot Rate : 0.3900
\nAverage : 0.2385<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-19
\nMaturity Price : 22.63
\nEvaluated at bid price : 23.16
\nBid-YTW : 4.58 %<\/td>\n<\/tr>\n

HSE.PR.E<\/td>\nFixedReset<\/td>\nQuote: 24.57 – 24.91
\nSpot Rate : 0.3400
\nAverage : 0.2125<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-19
\nMaturity Price : 23.35
\nEvaluated at bid price : 24.57
\nBid-YTW : 5.21 %<\/td>\n<\/tr>\n

CM.PR.O<\/td>\nFixedReset<\/td>\nQuote: 23.42 – 23.77
\nSpot Rate : 0.3500
\nAverage : 0.2446<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-19
\nMaturity Price : 23.01
\nEvaluated at bid price : 23.42
\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n

W.PR.M<\/td>\nFixedReset<\/td>\nQuote: 26.00 – 26.35
\nSpot Rate : 0.3500
\nAverage : 0.2472<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.00
\nBid-YTW : 4.35 %<\/td>\n<\/tr>\n

TRP.PR.G<\/td>\nFixedReset<\/td>\nQuote: 24.02 – 24.49
\nSpot Rate : 0.4700
\nAverage : 0.3707<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-19
\nMaturity Price : 22.99
\nEvaluated at bid price : 24.02
\nBid-YTW : 4.67 %<\/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-48932","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48932","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=48932"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48932\/revisions"}],"predecessor-version":[{"id":48933,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48932\/revisions\/48933"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}