{"id":48966,"date":"2017-12-04T20:52:00","date_gmt":"2017-12-05T01:52:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48966"},"modified":"2025-07-31T20:53:01","modified_gmt":"2025-08-01T00:53:01","slug":"december-4-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48966","title":{"rendered":"December 4, 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>\n0.6161 %<\/td>\n2,531.4<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.6161 %<\/td>\n4,645.0<\/td>\n<\/tr>\n
Floater<\/td>\n3.61 %<\/td>\n3.81 %<\/td>\n33,989<\/td>\n17.74<\/td>\n4<\/td>\n0.6161 %<\/td>\n2,676.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0525 %<\/td>\n3,122.1<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.73 %<\/td>\n3.70 %<\/td>\n54,425<\/td>\n1.07<\/td>\n6<\/td>\n-0.0525 %<\/td>\n3,728.5<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0525 %<\/td>\n2,909.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.36 %<\/td>\n4.73 %<\/td>\n55,000<\/td>\n2.18<\/td>\n20<\/td>\n-0.0490 %<\/td>\n2,839.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.20 %<\/td>\n5.25 %<\/td>\n73,649<\/td>\n15.01<\/td>\n14<\/td>\n-0.4579 %<\/td>\n3,013.5<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.25 %<\/td>\n4.36 %<\/td>\n143,622<\/td>\n4.52<\/td>\n98<\/td>\n-0.1070 %<\/td>\n2,488.3<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.04 %<\/td>\n5.23 %<\/td>\n89,163<\/td>\n5.96<\/td>\n30<\/td>\n-0.1535 %<\/td>\n2,951.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.73 %<\/td>\n2.74 %<\/td>\n40,499<\/td>\n3.93<\/td>\n8<\/td>\n0.1685 %<\/td>\n2,685.7<\/td>\n<\/tr>\n<\/table>\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
W.PR.K<\/td>\nFixedReset<\/td>\n-1.90 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-01-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.75
\nBid-YTW : 4.48 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset<\/td>\n-1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-04
\nMaturity Price : 22.94
\nEvaluated at bid price : 23.92
\nBid-YTW : 4.38 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-04
\nMaturity Price : 23.95
\nEvaluated at bid price : 24.20
\nBid-YTW : 5.23 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-04
\nMaturity Price : 21.70
\nEvaluated at bid price : 22.05
\nBid-YTW : 5.12 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-04
\nMaturity Price : 17.56
\nEvaluated at bid price : 17.56
\nBid-YTW : 3.21 %<\/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
BNS.PR.H<\/td>\nFixedReset<\/td>\n108,262<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.18
\nBid-YTW : 3.76 %<\/td>\n<\/tr>\n
HSB.PR.C<\/td>\nDeemed-Retractible<\/td>\n94,632<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-01-03
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.27
\nBid-YTW : 3.04 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset<\/td>\n45,630<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-04
\nMaturity Price : 23.29
\nEvaluated at bid price : 23.72
\nBid-YTW : 4.26 %<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n42,860<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-04
\nMaturity Price : 24.36
\nEvaluated at bid price : 24.75
\nBid-YTW : 5.25 %<\/td>\n<\/tr>\n
BAM.PF.J<\/td>\nFixedReset<\/td>\n42,289<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.80
\nBid-YTW : 3.99 %<\/td>\n<\/tr>\n
HSB.PR.D<\/td>\nDeemed-Retractible<\/td>\n40,200<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-01-03
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.26
\nBid-YTW : 3.21 %<\/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
W.PR.K<\/td>\nFixedReset<\/td>\nQuote: 25.75 – 26.24
\nSpot Rate : 0.4900
\nAverage : 0.3532<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-01-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.75
\nBid-YTW : 4.48 %<\/td>\n<\/tr>\n

IFC.PR.A<\/td>\nFixedReset<\/td>\nQuote: 20.07 – 20.48
\nSpot Rate : 0.4100
\nAverage : 0.2779<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.07
\nBid-YTW : 7.20 %<\/td>\n<\/tr>\n

BIP.PR.A<\/td>\nFixedReset<\/td>\nQuote: 24.16 – 24.50
\nSpot Rate : 0.3400
\nAverage : 0.2264<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-04
\nMaturity Price : 23.12
\nEvaluated at bid price : 24.16
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n

POW.PR.D<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.20 – 24.54
\nSpot Rate : 0.3400
\nAverage : 0.2274<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-04
\nMaturity Price : 23.95
\nEvaluated at bid price : 24.20
\nBid-YTW : 5.23 %<\/td>\n<\/tr>\n

CU.PR.I<\/td>\nFixedReset<\/td>\nQuote: 25.55 – 26.00
\nSpot Rate : 0.4500
\nAverage : 0.3450<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.55
\nBid-YTW : 3.75 %<\/td>\n<\/tr>\n

PWF.PR.H<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.72 – 25.98
\nSpot Rate : 0.2600
\nAverage : 0.1764<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-01-03
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.72
\nBid-YTW : -21.16 %<\/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-48966","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48966","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=48966"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48966\/revisions"}],"predecessor-version":[{"id":48967,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48966\/revisions\/48967"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}