{"id":49113,"date":"2018-01-26T11:14:00","date_gmt":"2018-01-26T16:14:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49113"},"modified":"2025-08-06T11:15:16","modified_gmt":"2025-08-06T15:15:16","slug":"january-26-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49113","title":{"rendered":"January 26, 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-0.2560 %<\/td>\n2,884.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2560 %<\/td>\n5,292.5<\/td>\n<\/tr>\n
Floater<\/td>\n3.44 %<\/td>\n3.59 %<\/td>\n44,325<\/td>\n18.32<\/td>\n4<\/td>\n-0.2560 %<\/td>\n3,050.1<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2014 %<\/td>\n3,159.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.65 %<\/td>\n4.12 %<\/td>\n66,489<\/td>\n3.37<\/td>\n5<\/td>\n-0.2014 %<\/td>\n3,772.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2014 %<\/td>\n2,943.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.37 %<\/td>\n-0.95 %<\/td>\n66,793<\/td>\n0.09<\/td>\n18<\/td>\n0.0656 %<\/td>\n2,867.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.29 %<\/td>\n5.31 %<\/td>\n69,621<\/td>\n14.96<\/td>\n16<\/td>\n0.0964 %<\/td>\n3,004.5<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.20 %<\/td>\n4.45 %<\/td>\n152,687<\/td>\n3.82<\/td>\n101<\/td>\n0.0629 %<\/td>\n2,538.9<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.05 %<\/td>\n5.42 %<\/td>\n82,919<\/td>\n5.82<\/td>\n28<\/td>\n0.0798 %<\/td>\n2,958.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.05 %<\/td>\n2.93 %<\/td>\n44,212<\/td>\n3.76<\/td>\n10<\/td>\n-0.1127 %<\/td>\n2,768.1<\/td>\n<\/tr>\n<\/table>\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
BNS.PR.C<\/td>\nFloatingReset<\/td>\n-1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.53
\nBid-YTW : 3.40 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-08-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.72
\nBid-YTW : 4.56 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.15
\nBid-YTW : 7.15 %<\/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
TRP.PR.D<\/td>\nFixedReset<\/td>\n106,727<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-26
\nMaturity Price : 23.12
\nEvaluated at bid price : 23.61
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n
TD.PR.T<\/td>\nFloatingReset<\/td>\n104,900<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.86
\nBid-YTW : 2.49 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n102,412<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-26
\nMaturity Price : 16.96
\nEvaluated at bid price : 16.96
\nBid-YTW : 3.59 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset<\/td>\n83,819<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-26
\nMaturity Price : 23.45
\nEvaluated at bid price : 23.85
\nBid-YTW : 4.48 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset<\/td>\n69,965<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-26
\nMaturity Price : 23.14
\nEvaluated at bid price : 24.94
\nBid-YTW : 4.41 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset<\/td>\n65,220<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-26
\nMaturity Price : 23.07
\nEvaluated at bid price : 24.79
\nBid-YTW : 4.57 %<\/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
BNS.PR.C<\/td>\nFloatingReset<\/td>\nQuote: 24.53 – 24.95
\nSpot Rate : 0.4200
\nAverage : 0.2409<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.53
\nBid-YTW : 3.40 %<\/td>\n<\/tr>\n

TRP.PR.C<\/td>\nFixedReset<\/td>\nQuote: 18.07 – 18.34
\nSpot Rate : 0.2700
\nAverage : 0.1803<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-26
\nMaturity Price : 18.07
\nEvaluated at bid price : 18.07
\nBid-YTW : 4.67 %<\/td>\n<\/tr>\n

BIP.PR.E<\/td>\nFixedReset<\/td>\nQuote: 24.72 – 24.95
\nSpot Rate : 0.2300
\nAverage : 0.1517<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-26
\nMaturity Price : 23.05
\nEvaluated at bid price : 24.72
\nBid-YTW : 5.01 %<\/td>\n<\/tr>\n

BAM.PR.T<\/td>\nFixedReset<\/td>\nQuote: 21.57 – 21.90
\nSpot Rate : 0.3300
\nAverage : 0.2599<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-26
\nMaturity Price : 21.29
\nEvaluated at bid price : 21.57
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n

W.PR.M<\/td>\nFixedReset<\/td>\nQuote: 26.35 – 26.60
\nSpot Rate : 0.2500
\nAverage : 0.1811<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.35
\nBid-YTW : 3.71 %<\/td>\n<\/tr>\n

BAM.PR.R<\/td>\nFixedReset<\/td>\nQuote: 20.93 – 21.10
\nSpot Rate : 0.1700
\nAverage : 0.1129<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-01-26
\nMaturity Price : 20.93
\nEvaluated at bid price : 20.93
\nBid-YTW : 4.92 %<\/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-49113","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49113","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=49113"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49113\/revisions"}],"predecessor-version":[{"id":49114,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49113\/revisions\/49114"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}