{"id":48984,"date":"2017-12-08T21:10:00","date_gmt":"2017-12-09T02:10:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48984"},"modified":"2025-07-31T21:10:39","modified_gmt":"2025-08-01T01:10:39","slug":"december-8-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48984","title":{"rendered":"December 8, 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-0.8924 %<\/td>\n2,491.4<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.8924 %<\/td>\n4,571.6<\/td>\n<\/tr>\n
Floater<\/td>\n3.67 %<\/td>\n3.83 %<\/td>\n33,765<\/td>\n17.70<\/td>\n4<\/td>\n-0.8924 %<\/td>\n2,634.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0722 %<\/td>\n3,117.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.73 %<\/td>\n4.15 %<\/td>\n51,946<\/td>\n1.06<\/td>\n6<\/td>\n-0.0722 %<\/td>\n3,722.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0722 %<\/td>\n2,904.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.37 %<\/td>\n4.79 %<\/td>\n55,510<\/td>\n0.15<\/td>\n20<\/td>\n-0.0098 %<\/td>\n2,833.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.24 %<\/td>\n5.30 %<\/td>\n71,618<\/td>\n14.92<\/td>\n14<\/td>\n-0.0368 %<\/td>\n2,993.4<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.28 %<\/td>\n4.39 %<\/td>\n149,623<\/td>\n6.13<\/td>\n98<\/td>\n0.1115 %<\/td>\n2,469.2<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.05 %<\/td>\n5.34 %<\/td>\n89,192<\/td>\n5.95<\/td>\n30<\/td>\n0.2676 %<\/td>\n2,943.6<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.76 %<\/td>\n2.80 %<\/td>\n39,881<\/td>\n3.91<\/td>\n8<\/td>\n-0.0598 %<\/td>\n2,680.5<\/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
PWF.PR.A<\/td>\nFloater<\/td>\n-2.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-08
\nMaturity Price : 16.76
\nEvaluated at bid price : 16.76
\nBid-YTW : 3.36 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-08
\nMaturity Price : 15.84
\nEvaluated at bid price : 15.84
\nBid-YTW : 4.48 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-08
\nMaturity Price : 22.99
\nEvaluated at bid price : 23.92
\nBid-YTW : 4.51 %<\/td>\n<\/tr>\n
BAM.PF.I<\/td>\nFixedReset<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.08
\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.98
\nBid-YTW : 7.80 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.30
\nBid-YTW : 5.74 %<\/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.H<\/td>\nFixedReset<\/td>\n296,346<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.90
\nBid-YTW : 4.01 %<\/td>\n<\/tr>\n
BMO.PR.B<\/td>\nFixedReset<\/td>\n111,573<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-02-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.00
\nBid-YTW : 3.88 %<\/td>\n<\/tr>\n
RY.PR.D<\/td>\nDeemed-Retractible<\/td>\n100,052<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-01-07
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.40
\nBid-YTW : -12.35 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n80,723<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-08
\nMaturity Price : 22.59
\nEvaluated at bid price : 22.96
\nBid-YTW : 5.27 %<\/td>\n<\/tr>\n
TRP.PR.J<\/td>\nFixedReset<\/td>\n66,692<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.35
\nBid-YTW : 3.88 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset<\/td>\n45,862<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-08
\nMaturity Price : 22.26
\nEvaluated at bid price : 22.60
\nBid-YTW : 4.32 %<\/td>\n<\/tr>\n
There were 24 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.A<\/td>\nFloater<\/td>\nQuote: 16.76 – 17.40
\nSpot Rate : 0.6400
\nAverage : 0.4990<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-08
\nMaturity Price : 16.76
\nEvaluated at bid price : 16.76
\nBid-YTW : 3.36 %<\/td>\n<\/tr>\n

BAM.PR.R<\/td>\nFixedReset<\/td>\nQuote: 20.05 – 20.39
\nSpot Rate : 0.3400
\nAverage : 0.2167<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-08
\nMaturity Price : 20.05
\nEvaluated at bid price : 20.05
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n

PVS.PR.E<\/td>\nSplitShare<\/td>\nQuote: 26.20 – 26.49
\nSpot Rate : 0.2900
\nAverage : 0.1814<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-01-07
\nMaturity Price : 26.00
\nEvaluated at bid price : 26.20
\nBid-YTW : -3.84 %<\/td>\n<\/tr>\n

RY.PR.J<\/td>\nFixedReset<\/td>\nQuote: 24.14 – 24.44
\nSpot Rate : 0.3000
\nAverage : 0.1986<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-08
\nMaturity Price : 23.13
\nEvaluated at bid price : 24.14
\nBid-YTW : 4.42 %<\/td>\n<\/tr>\n

TD.PF.D<\/td>\nFixedReset<\/td>\nQuote: 23.92 – 24.23
\nSpot Rate : 0.3100
\nAverage : 0.2190<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-08
\nMaturity Price : 22.99
\nEvaluated at bid price : 23.92
\nBid-YTW : 4.51 %<\/td>\n<\/tr>\n

BMO.PR.Y<\/td>\nFixedReset<\/td>\nQuote: 24.20 – 24.56
\nSpot Rate : 0.3600
\nAverage : 0.2753<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-08
\nMaturity Price : 23.11
\nEvaluated at bid price : 24.20
\nBid-YTW : 4.39 %<\/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-48984","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48984","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=48984"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48984\/revisions"}],"predecessor-version":[{"id":48985,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48984\/revisions\/48985"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}