{"id":49065,"date":"2018-01-16T21:16:00","date_gmt":"2018-01-17T02:16:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49065"},"modified":"2025-08-05T21:16:38","modified_gmt":"2025-08-06T01:16:38","slug":"january-16-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49065","title":{"rendered":"January 16, 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-1.9225 %<\/td>\n2,848.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.9225 %<\/td>\n5,226.9<\/td>\n<\/tr>\n
Floater<\/td>\n3.23 %<\/td>\n3.35 %<\/td>\n35,483<\/td>\n18.88<\/td>\n4<\/td>\n-1.9225 %<\/td>\n3,012.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2177 %<\/td>\n3,146.0<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.67 %<\/td>\n4.02 %<\/td>\n60,296<\/td>\n3.40<\/td>\n5<\/td>\n-0.2177 %<\/td>\n3,757.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2177 %<\/td>\n2,931.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.38 %<\/td>\n3.37 %<\/td>\n61,690<\/td>\n0.09<\/td>\n18<\/td>\n-0.0438 %<\/td>\n2,851.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.34 %<\/td>\n5.31 %<\/td>\n73,693<\/td>\n14.91<\/td>\n16<\/td>\n-0.0647 %<\/td>\n2,978.8<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.21 %<\/td>\n4.47 %<\/td>\n140,615<\/td>\n4.19<\/td>\n98<\/td>\n-0.2594 %<\/td>\n2,520.7<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.08 %<\/td>\n5.42 %<\/td>\n81,505<\/td>\n5.84<\/td>\n28<\/td>\n-0.0757 %<\/td>\n2,935.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.04 %<\/td>\n2.61 %<\/td>\n41,930<\/td>\n0.78<\/td>\n10<\/td>\n-0.0087 %<\/td>\n2,760.1<\/td>\n<\/tr>\n<\/table>\n\n\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
BAM.PR.K<\/td>\nFloater<\/td>\n-2.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-16
\nMaturity Price : 16.67
\nEvaluated at bid price : 16.67
\nBid-YTW : 3.38 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n-2.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-16
\nMaturity Price : 16.61
\nEvaluated at bid price : 16.61
\nBid-YTW : 3.39 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset<\/td>\n-1.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-16
\nMaturity Price : 22.35
\nEvaluated at bid price : 22.65
\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n-1.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-16
\nMaturity Price : 19.30
\nEvaluated at bid price : 19.30
\nBid-YTW : 2.93 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset<\/td>\n-1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.69
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
PVS.PR.E<\/td>\nSplitShare<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-02-15
\nMaturity Price : 26.00
\nEvaluated at bid price : 26.35
\nBid-YTW : -3.96 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-16
\nMaturity Price : 16.80
\nEvaluated at bid price : 16.80
\nBid-YTW : 3.35 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-16
\nMaturity Price : 23.26
\nEvaluated at bid price : 24.51
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-16
\nMaturity Price : 23.56
\nEvaluated at bid price : 24.00
\nBid-YTW : 4.50 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-16
\nMaturity Price : 23.34
\nEvaluated at bid price : 23.74
\nBid-YTW : 4.47 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset<\/td>\n-1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.70
\nBid-YTW : 5.09 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset<\/td>\n2.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-16
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 4.88 %<\/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.PR.T<\/td>\nFloatingReset<\/td>\n205,100<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.88
\nBid-YTW : 2.21 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset<\/td>\n155,745<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-16
\nMaturity Price : 23.34
\nEvaluated at bid price : 23.74
\nBid-YTW : 4.47 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset<\/td>\n140,452<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-16
\nMaturity Price : 23.21
\nEvaluated at bid price : 23.58
\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n
RY.PR.I<\/td>\nFixedReset<\/td>\n140,300<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2019-02-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.17
\nBid-YTW : 3.38 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset<\/td>\n78,402<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-16
\nMaturity Price : 24.14
\nEvaluated at bid price : 24.67
\nBid-YTW : 4.95 %<\/td>\n<\/tr>\n
MFC.PR.R<\/td>\nFixedReset<\/td>\n72,105<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.87
\nBid-YTW : 4.06 %<\/td>\n<\/tr>\n
There were 26 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
NA.PR.W<\/td>\nFixedReset<\/td>\nQuote: 22.65 – 23.08
\nSpot Rate : 0.4300
\nAverage : 0.2613<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-16
\nMaturity Price : 22.35
\nEvaluated at bid price : 22.65
\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n

BMO.PR.Y<\/td>\nFixedReset<\/td>\nQuote: 24.51 – 24.92
\nSpot Rate : 0.4100
\nAverage : 0.2516<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-16
\nMaturity Price : 23.26
\nEvaluated at bid price : 24.51
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n

BAM.PF.G<\/td>\nFixedReset<\/td>\nQuote: 24.41 – 24.83
\nSpot Rate : 0.4200
\nAverage : 0.2668<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-16
\nMaturity Price : 23.25
\nEvaluated at bid price : 24.41
\nBid-YTW : 4.86 %<\/td>\n<\/tr>\n

IFC.PR.F<\/td>\nDeemed-Retractible<\/td>\nQuote: 25.00 – 25.30
\nSpot Rate : 0.3000
\nAverage : 0.2062<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.00
\nBid-YTW : 5.38 %<\/td>\n<\/tr>\n

IFC.PR.E<\/td>\nDeemed-Retractible<\/td>\nQuote: 24.85 – 25.20
\nSpot Rate : 0.3500
\nAverage : 0.2621<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.85
\nBid-YTW : 5.38 %<\/td>\n<\/tr>\n

CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.80 – 22.05
\nSpot Rate : 0.2500
\nAverage : 0.1632<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-16
\nMaturity Price : 21.52
\nEvaluated at bid price : 21.80
\nBid-YTW : 5.22 %<\/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-49065","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49065","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=49065"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49065\/revisions"}],"predecessor-version":[{"id":49066,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49065\/revisions\/49066"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}