{"id":48938,"date":"2017-12-15T20:10:00","date_gmt":"2017-12-16T01:10:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48938"},"modified":"2025-07-31T20:11:00","modified_gmt":"2025-08-01T00:11:00","slug":"december-15-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48938","title":{"rendered":"December 15, 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>\n0.0998 %<\/td>\n2,471.6<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0998 %<\/td>\n4,535.3<\/td>\n<\/tr>\n
Floater<\/td>\n3.72 %<\/td>\n3.86 %<\/td>\n33,421<\/td>\n17.74<\/td>\n4<\/td>\n0.0998 %<\/td>\n2,613.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1095 %<\/td>\n3,130.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.69 %<\/td>\n4.14 %<\/td>\n67,513<\/td>\n3.49<\/td>\n5<\/td>\n-0.1095 %<\/td>\n3,738.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1095 %<\/td>\n2,916.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.36 %<\/td>\n1.08 %<\/td>\n54,145<\/td>\n0.09<\/td>\n20<\/td>\n0.1238 %<\/td>\n2,839.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.23 %<\/td>\n5.28 %<\/td>\n70,367<\/td>\n14.93<\/td>\n14<\/td>\n0.2058 %<\/td>\n3,006.9<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.28 %<\/td>\n4.35 %<\/td>\n147,976<\/td>\n6.11<\/td>\n98<\/td>\n0.2490 %<\/td>\n2,474.7<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.07 %<\/td>\n5.28 %<\/td>\n89,168<\/td>\n5.93<\/td>\n30<\/td>\n0.2005 %<\/td>\n2,940.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.76 %<\/td>\n2.78 %<\/td>\n38,230<\/td>\n3.90<\/td>\n8<\/td>\n-0.0760 %<\/td>\n2,681.5<\/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
NA.PR.W<\/td>\nFixedReset<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-15
\nMaturity Price : 22.21
\nEvaluated at bid price : 22.50
\nBid-YTW : 4.37 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-15
\nMaturity Price : 23.05
\nEvaluated at bid price : 24.15
\nBid-YTW : 4.28 %<\/td>\n<\/tr>\n
W.PR.H<\/td>\nPerpetual-Premium<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-01-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.30
\nBid-YTW : 2.05 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset<\/td>\n1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-15
\nMaturity Price : 22.34
\nEvaluated at bid price : 22.65
\nBid-YTW : 4.29 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-15
\nMaturity Price : 22.37
\nEvaluated at bid price : 22.73
\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-15
\nMaturity Price : 23.12
\nEvaluated at bid price : 24.30
\nBid-YTW : 4.58 %<\/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
HSB.PR.C<\/td>\nDeemed-Retractible<\/td>\n230,819<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-01-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.98
\nBid-YTW : 3.38 %<\/td>\n<\/tr>\n
NA.PR.A<\/td>\nFixedReset<\/td>\n223,700<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.55
\nBid-YTW : 3.73 %<\/td>\n<\/tr>\n
HSB.PR.D<\/td>\nDeemed-Retractible<\/td>\n110,600<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-01-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.98
\nBid-YTW : 3.33 %<\/td>\n<\/tr>\n
TD.PF.H<\/td>\nFixedReset<\/td>\n71,610<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.05
\nBid-YTW : 3.86 %<\/td>\n<\/tr>\n
TRP.PR.K<\/td>\nFixedReset<\/td>\n65,992<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.95
\nBid-YTW : 4.03 %<\/td>\n<\/tr>\n
BNS.PR.R<\/td>\nFixedReset<\/td>\n62,700<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.14
\nBid-YTW : 3.61 %<\/td>\n<\/tr>\n
There were 17 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.E<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.26 – 25.55
\nSpot Rate : 0.2900
\nAverage : 0.2221<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-01-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.26
\nBid-YTW : 1.08 %<\/td>\n<\/tr>\n

TRP.PR.E<\/td>\nFixedReset<\/td>\nQuote: 22.76 – 23.00
\nSpot Rate : 0.2400
\nAverage : 0.1736<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-15
\nMaturity Price : 22.43
\nEvaluated at bid price : 22.76
\nBid-YTW : 4.47 %<\/td>\n<\/tr>\n

CM.PR.Q<\/td>\nFixedReset<\/td>\nQuote: 24.28 – 24.47
\nSpot Rate : 0.1900
\nAverage : 0.1252<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-15
\nMaturity Price : 23.16
\nEvaluated at bid price : 24.28
\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n

BNS.PR.D<\/td>\nFloatingReset<\/td>\nQuote: 23.19 – 23.34
\nSpot Rate : 0.1500
\nAverage : 0.0910<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.19
\nBid-YTW : 3.90 %<\/td>\n<\/tr>\n

TRP.PR.C<\/td>\nFixedReset<\/td>\nQuote: 16.80 – 17.00
\nSpot Rate : 0.2000
\nAverage : 0.1442<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-15
\nMaturity Price : 16.80
\nEvaluated at bid price : 16.80
\nBid-YTW : 4.58 %<\/td>\n<\/tr>\n

MFC.PR.M<\/td>\nFixedReset<\/td>\nQuote: 22.68 – 22.85
\nSpot Rate : 0.1700
\nAverage : 0.1187<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.68
\nBid-YTW : 5.60 %<\/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-48938","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48938","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=48938"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48938\/revisions"}],"predecessor-version":[{"id":48939,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48938\/revisions\/48939"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}