{"id":49039,"date":"2018-01-23T20:26:00","date_gmt":"2018-01-24T01:26:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49039"},"modified":"2025-08-05T20:27:14","modified_gmt":"2025-08-06T00:27:14","slug":"january-23-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49039","title":{"rendered":"January 23, 2018"},"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-0.7214 %<\/td>\n2,881.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.7214 %<\/td>\n5,287.9<\/td>\n<\/tr>\n
Floater<\/td>\n3.44 %<\/td>\n3.60 %<\/td>\n37,098<\/td>\n18.30<\/td>\n4<\/td>\n-0.7214 %<\/td>\n3,047.4<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0464 %<\/td>\n3,166.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.64 %<\/td>\n4.11 %<\/td>\n67,593<\/td>\n3.38<\/td>\n5<\/td>\n-0.0464 %<\/td>\n3,781.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0464 %<\/td>\n2,950.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.36 %<\/td>\n-0.87 %<\/td>\n66,296<\/td>\n0.09<\/td>\n18<\/td>\n0.1551 %<\/td>\n2,864.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.30 %<\/td>\n5.26 %<\/td>\n71,152<\/td>\n14.98<\/td>\n16<\/td>\n0.3304 %<\/td>\n3,000.7<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.21 %<\/td>\n4.48 %<\/td>\n144,838<\/td>\n4.04<\/td>\n101<\/td>\n0.0487 %<\/td>\n2,533.3<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.05 %<\/td>\n5.42 %<\/td>\n80,959<\/td>\n5.82<\/td>\n28<\/td>\n0.1524 %<\/td>\n2,950.5<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.04 %<\/td>\n2.91 %<\/td>\n42,028<\/td>\n3.78<\/td>\n10<\/td>\n0.1042 %<\/td>\n2,769.4<\/td>\n<\/tr>\n<\/table>\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.K<\/td>\nFloater<\/td>\n-1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-23
\nMaturity Price : 16.88
\nEvaluated at bid price : 16.88
\nBid-YTW : 3.60 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-23
\nMaturity Price : 18.11
\nEvaluated at bid price : 18.11
\nBid-YTW : 4.66 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.23
\nBid-YTW : 7.09 %<\/td>\n<\/tr>\n
BAM.PF.C<\/td>\nPerpetual-Discount<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-23
\nMaturity Price : 22.00
\nEvaluated at bid price : 22.28
\nBid-YTW : 5.49 %<\/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
BIP.PR.E<\/td>\nFixedReset<\/td>\n421,809<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-23
\nMaturity Price : 23.13
\nEvaluated at bid price : 24.93
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset<\/td>\n241,868<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-23
\nMaturity Price : 23.05
\nEvaluated at bid price : 24.74
\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset<\/td>\n101,392<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.80
\nBid-YTW : 4.00 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset<\/td>\n85,538<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-23
\nMaturity Price : 18.32
\nEvaluated at bid price : 18.32
\nBid-YTW : 4.91 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset<\/td>\n68,803<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-23
\nMaturity Price : 23.13
\nEvaluated at bid price : 24.92
\nBid-YTW : 4.41 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset<\/td>\n59,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-23
\nMaturity Price : 21.38
\nEvaluated at bid price : 21.38
\nBid-YTW : 4.89 %<\/td>\n<\/tr>\n
There were 38 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.F<\/td>\nFixedReset<\/td>\nQuote: 19.13 – 19.46
\nSpot Rate : 0.3300
\nAverage : 0.2247<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.13
\nBid-YTW : 7.15 %<\/td>\n<\/tr>\n

CU.PR.C<\/td>\nFixedReset<\/td>\nQuote: 22.41 – 22.80
\nSpot Rate : 0.3900
\nAverage : 0.2864<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-23
\nMaturity Price : 21.95
\nEvaluated at bid price : 22.41
\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n

BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.92 – 22.17
\nSpot Rate : 0.2500
\nAverage : 0.1774<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-23
\nMaturity Price : 21.67
\nEvaluated at bid price : 21.92
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n

IAG.PR.G<\/td>\nFixedReset<\/td>\nQuote: 24.23 – 24.47
\nSpot Rate : 0.2400
\nAverage : 0.1727<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-06-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.23
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n

CCS.PR.C<\/td>\nDeemed-Retractible<\/td>\nQuote: 24.20 – 24.47
\nSpot Rate : 0.2700
\nAverage : 0.2084<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.20
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n

PVS.PR.E<\/td>\nSplitShare<\/td>\nQuote: 26.60 – 26.89
\nSpot Rate : 0.2900
\nAverage : 0.2329<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-02-22
\nMaturity Price : 26.00
\nEvaluated at bid price : 26.60
\nBid-YTW : -13.78 %<\/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-49039","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49039","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=49039"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49039\/revisions"}],"predecessor-version":[{"id":49040,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49039\/revisions\/49040"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}