{"id":49057,"date":"2018-01-18T20:52:00","date_gmt":"2018-01-19T01:52:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49057"},"modified":"2025-08-05T20:52:30","modified_gmt":"2025-08-06T00:52:30","slug":"january-18-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49057","title":{"rendered":"January 18, 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>\n0.3405 %<\/td>\n2,903.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3405 %<\/td>\n5,327.8<\/td>\n<\/tr>\n
Floater<\/td>\n3.41 %<\/td>\n3.55 %<\/td>\n35,366<\/td>\n18.41<\/td>\n4<\/td>\n0.3405 %<\/td>\n3,070.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4125 %<\/td>\n3,162.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.64 %<\/td>\n4.01 %<\/td>\n64,907<\/td>\n3.40<\/td>\n5<\/td>\n0.4125 %<\/td>\n3,776.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4125 %<\/td>\n2,946.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.37 %<\/td>\n1.21 %<\/td>\n62,859<\/td>\n0.09<\/td>\n18<\/td>\n0.1445 %<\/td>\n2,857.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.32 %<\/td>\n5.29 %<\/td>\n73,476<\/td>\n14.97<\/td>\n16<\/td>\n0.1589 %<\/td>\n2,988.4<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.20 %<\/td>\n4.44 %<\/td>\n142,181<\/td>\n4.05<\/td>\n99<\/td>\n0.1569 %<\/td>\n2,528.9<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.07 %<\/td>\n5.36 %<\/td>\n79,272<\/td>\n5.84<\/td>\n28<\/td>\n0.1795 %<\/td>\n2,943.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.04 %<\/td>\n2.88 %<\/td>\n38,775<\/td>\n1.00<\/td>\n10<\/td>\n-0.0651 %<\/td>\n2,766.9<\/td>\n<\/tr>\n<\/table>\n\n\n\n\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
TRP.PR.G<\/td>\nFixedReset<\/td>\n-1.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-18
\nMaturity Price : 23.05
\nEvaluated at bid price : 24.13
\nBid-YTW : 4.93 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-18
\nMaturity Price : 17.07
\nEvaluated at bid price : 17.07
\nBid-YTW : 4.60 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset<\/td>\n-1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-18
\nMaturity Price : 18.21
\nEvaluated at bid price : 18.21
\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-18
\nMaturity Price : 20.61
\nEvaluated at bid price : 20.61
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.55
\nBid-YTW : 7.63 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-18
\nMaturity Price : 20.93
\nEvaluated at bid price : 20.93
\nBid-YTW : 4.94 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.50
\nBid-YTW : 6.80 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-18
\nMaturity Price : 23.65
\nEvaluated at bid price : 24.95
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset<\/td>\n1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.90
\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n
BAM.PF.I<\/td>\nFixedReset<\/td>\n2.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.90
\nBid-YTW : 3.94 %<\/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
CM.PR.S<\/td>\nFixedReset<\/td>\n734,395<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-18
\nMaturity Price : 23.15
\nEvaluated at bid price : 24.96
\nBid-YTW : 4.36 %<\/td>\n<\/tr>\n
TRP.PR.K<\/td>\nFixedReset<\/td>\n161,668<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.15
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n
BMO.PR.R<\/td>\nFloatingReset<\/td>\n152,813<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.92
\nBid-YTW : 2.91 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset<\/td>\n57,720<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-18
\nMaturity Price : 21.91
\nEvaluated at bid price : 22.35
\nBid-YTW : 4.67 %<\/td>\n<\/tr>\n
TD.PF.H<\/td>\nFixedReset<\/td>\n48,788<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.02
\nBid-YTW : 3.66 %<\/td>\n<\/tr>\n
TRP.PR.J<\/td>\nFixedReset<\/td>\n37,520<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.55
\nBid-YTW : 3.78 %<\/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
TRP.PR.A<\/td>\nFixedReset<\/td>\nQuote: 20.61 – 21.17
\nSpot Rate : 0.5600
\nAverage : 0.3637<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-18
\nMaturity Price : 20.61
\nEvaluated at bid price : 20.61
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n

TRP.PR.G<\/td>\nFixedReset<\/td>\nQuote: 24.13 – 24.57
\nSpot Rate : 0.4400
\nAverage : 0.3190<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-18
\nMaturity Price : 23.05
\nEvaluated at bid price : 24.13
\nBid-YTW : 4.93 %<\/td>\n<\/tr>\n

CU.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.96 – 22.28
\nSpot Rate : 0.3200
\nAverage : 0.2011<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-18
\nMaturity Price : 21.63
\nEvaluated at bid price : 21.96
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n

NA.PR.S<\/td>\nFixedReset<\/td>\nQuote: 23.29 – 23.59
\nSpot Rate : 0.3000
\nAverage : 0.1963<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-18
\nMaturity Price : 22.83
\nEvaluated at bid price : 23.29
\nBid-YTW : 4.66 %<\/td>\n<\/tr>\n

HSE.PR.E<\/td>\nFixedReset<\/td>\nQuote: 25.05 – 25.33
\nSpot Rate : 0.2800
\nAverage : 0.1774<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.05
\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n

BMO.PR.T<\/td>\nFixedReset<\/td>\nQuote: 23.82 – 24.09
\nSpot Rate : 0.2700
\nAverage : 0.1689<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-18
\nMaturity Price : 23.42
\nEvaluated at bid price : 23.82
\nBid-YTW : 4.44 %<\/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-49057","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49057","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=49057"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49057\/revisions"}],"predecessor-version":[{"id":49058,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49057\/revisions\/49058"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}