{"id":48996,"date":"2017-12-28T09:59:00","date_gmt":"2017-12-28T14:59:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48996"},"modified":"2025-08-01T09:59:51","modified_gmt":"2025-08-01T13:59:51","slug":"december-28-2017","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48996","title":{"rendered":"December 28, 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>\n0.3227 %<\/td>\n2,552.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3227 %<\/td>\n4,684.5<\/td>\n<\/tr>\n
Floater<\/td>\n3.60 %<\/td>\n3.74 %<\/td>\n34,030<\/td>\n17.97<\/td>\n4<\/td>\n0.3227 %<\/td>\n2,699.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0000 %<\/td>\n3,148.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.66 %<\/td>\n4.17 %<\/td>\n67,150<\/td>\n3.45<\/td>\n5<\/td>\n0.0000 %<\/td>\n3,759.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0000 %<\/td>\n2,933.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.37 %<\/td>\n4.83 %<\/td>\n47,213<\/td>\n2.15<\/td>\n20<\/td>\n0.0820 %<\/td>\n2,847.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.23 %<\/td>\n5.30 %<\/td>\n65,871<\/td>\n14.89<\/td>\n14<\/td>\n0.1689 %<\/td>\n3,009.2<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.24 %<\/td>\n4.36 %<\/td>\n142,332<\/td>\n4.16<\/td>\n98<\/td>\n0.0807 %<\/td>\n2,502.4<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.07 %<\/td>\n5.19 %<\/td>\n85,516<\/td>\n5.89<\/td>\n30<\/td>\n0.1451 %<\/td>\n2,940.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.84 %<\/td>\n2.79 %<\/td>\n43,892<\/td>\n3.85<\/td>\n8<\/td>\n0.1515 %<\/td>\n2,698.7<\/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
HSE.PR.A<\/td>\nFixedReset<\/td>\n-1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-28
\nMaturity Price : 17.05
\nEvaluated at bid price : 17.05
\nBid-YTW : 4.94 %<\/td>\n<\/tr>\n
RY.PR.R<\/td>\nFixedReset<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.68
\nBid-YTW : 3.70 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-28
\nMaturity Price : 19.83
\nEvaluated at bid price : 19.83
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-28
\nMaturity Price : 23.32
\nEvaluated at bid price : 24.56
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-28
\nMaturity Price : 19.35
\nEvaluated at bid price : 19.35
\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n<\/table>\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
W.PR.K<\/td>\nFixedReset<\/td>\n50,600<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-01-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.00
\nBid-YTW : 3.79 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset<\/td>\n19,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-28
\nMaturity Price : 23.21
\nEvaluated at bid price : 24.50
\nBid-YTW : 4.37 %<\/td>\n<\/tr>\n
PVS.PR.F<\/td>\nSplitShare<\/td>\n18,000<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2024-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.50
\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n
There were 0 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
MFC.PR.G<\/td>\nFixedReset<\/td>\nQuote: 24.58 – 24.99
\nSpot Rate : 0.4100
\nAverage : 0.2611<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-12-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.58
\nBid-YTW : 4.40 %<\/td>\n<\/tr>\n

TRP.PR.E<\/td>\nFixedReset<\/td>\nQuote: 23.25 – 23.64
\nSpot Rate : 0.3900
\nAverage : 0.2515<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-28
\nMaturity Price : 22.89
\nEvaluated at bid price : 23.25
\nBid-YTW : 4.55 %<\/td>\n<\/tr>\n

VNR.PR.A<\/td>\nFixedReset<\/td>\nQuote: 24.95 – 25.46
\nSpot Rate : 0.5100
\nAverage : 0.3777<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-28
\nMaturity Price : 23.16
\nEvaluated at bid price : 24.95
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n

W.PR.H<\/td>\nPerpetual-Premium<\/td>\nQuote: 24.80 – 25.25
\nSpot Rate : 0.4500
\nAverage : 0.3255<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2047-12-28
\nMaturity Price : 24.55
\nEvaluated at bid price : 24.80
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n

MFC.PR.C<\/td>\nDeemed-Retractible<\/td>\nQuote: 21.68 – 22.00
\nSpot Rate : 0.3200
\nAverage : 0.2074<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.68
\nBid-YTW : 6.96 %<\/td>\n<\/tr>\n

RY.PR.R<\/td>\nFixedReset<\/td>\nQuote: 26.68 – 26.97
\nSpot Rate : 0.2900
\nAverage : 0.1905<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.68
\nBid-YTW : 3.70 %<\/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-48996","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48996","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=48996"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48996\/revisions"}],"predecessor-version":[{"id":48997,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48996\/revisions\/48997"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}