{"id":49261,"date":"2018-03-29T11:06:00","date_gmt":"2018-03-29T15:06:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49261"},"modified":"2025-08-13T11:07:01","modified_gmt":"2025-08-13T15:07:01","slug":"march-29-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49261","title":{"rendered":"March 29, 2018"},"content":{"rendered":"<p>And that&#8217;s it for another month!<\/p>\n<table border=\"1\">\n<tr>\n<td colspan=\"8\"><strong>HIMIPref&trade; Preferred Indices<br \/>These values reflect the December 2008 revision of the HIMIPref&trade; Indices<\/strong><br \/>Values are provisional and are finalized monthly<\/td>\n<\/tr>\n<tr>\n<td>Index<\/td>\n<td>Mean<br \/>Current<br \/>Yield<br \/>(at bid)<\/td>\n<td>Median<br \/>YTW<\/td>\n<td>Median<br \/>Average<br \/>Trading<br \/>Value<\/td>\n<td>Median<br \/>Mod Dur<br \/>(YTW)<\/td>\n<td>Issues<\/td>\n<td>Day&#8217;s Perf.<\/td>\n<td>Index Value<\/td>\n<\/tr>\n<tr>\n<td>Ratchet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.1107 %<\/td>\n<td>2,983.8<\/td>\n<\/tr>\n<tr>\n<td>FixedFloater<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.1107 %<\/td>\n<td>5,475.2<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>3.35 %<\/td>\n<td>3.53 %<\/td>\n<td>108,351<\/td>\n<td>18.45<\/td>\n<td>4<\/td>\n<td>-0.1107 %<\/td>\n<td>3,155.4<\/td>\n<\/tr>\n<tr>\n<td>OpRet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.0079 %<\/td>\n<td>3,158.7<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.70 %<\/td>\n<td>4.38 %<\/td>\n<td>59,477<\/td>\n<td>3.24<\/td>\n<td>5<\/td>\n<td>-0.0079 %<\/td>\n<td>3,772.1<\/td>\n<\/tr>\n<tr>\n<td>Interest-Bearing<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.0079 %<\/td>\n<td>2,943.2<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.62 %<\/td>\n<td>-0.01 %<\/td>\n<td>75,582<\/td>\n<td>0.09<\/td>\n<td>11<\/td>\n<td>0.0790 %<\/td>\n<td>2,850.0<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.35 %<\/td>\n<td>5.42 %<\/td>\n<td>85,159<\/td>\n<td>14.68<\/td>\n<td>23<\/td>\n<td>0.2504 %<\/td>\n<td>2,940.7<\/td>\n<\/tr>\n<tr>\n<td>FixedReset<\/td>\n<td>4.29 %<\/td>\n<td>4.67 %<\/td>\n<td>171,646<\/td>\n<td>5.80<\/td>\n<td>104<\/td>\n<td>0.1687 %<\/td>\n<td>2,512.5<\/td>\n<\/tr>\n<tr>\n<td>Deemed-Retractible<\/td>\n<td>5.14 %<\/td>\n<td>5.56 %<\/td>\n<td>94,407<\/td>\n<td>5.71<\/td>\n<td>28<\/td>\n<td>0.4176 %<\/td>\n<td>2,941.0<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>2.96 %<\/td>\n<td>3.06 %<\/td>\n<td>34,356<\/td>\n<td>3.62<\/td>\n<td>10<\/td>\n<td>-0.0044 %<\/td>\n<td>2,756.0<\/td>\n<\/tr>\n<\/table>\n<table border=\"1\">\n<tr>\n<td colspan=\"4\"><strong>Performance Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Change<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>W.PR.H<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.39 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-03-29<br \/>\nMaturity Price  : 23.92<br \/>\nEvaluated at bid price : 24.16<br \/>\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.S<\/td>\n<td>Deemed-Retractible<\/td>\n<td>1.02 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.79<br \/>\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.T<\/td>\n<td>FixedReset<\/td>\n<td>1.05 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-03-29<br \/>\nMaturity Price  : 23.35<br \/>\nEvaluated at bid price : 23.95<br \/>\nBid-YTW : 4.65 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.Q<\/td>\n<td>Deemed-Retractible<\/td>\n<td>1.08 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.29<br \/>\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.H<\/td>\n<td>FixedReset<\/td>\n<td>1.17 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2022-03-19<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.14<br \/>\nBid-YTW : 5.07 %<\/td>\n<\/tr>\n<tr>\n<td>W.PR.M<\/td>\n<td>FixedReset<\/td>\n<td>1.37 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-10-15<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.86<br \/>\nBid-YTW : 4.10 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.D<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.40 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-03-29<br \/>\nMaturity Price  : 21.44<br \/>\nEvaluated at bid price : 21.70<br \/>\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.N<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.54 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-03-29<br \/>\nMaturity Price  : 21.10<br \/>\nEvaluated at bid price : 21.10<br \/>\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.M<\/td>\n<td>Deemed-Retractible<\/td>\n<td>1.59 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2018-04-30<br \/>\nMaturity Price  : 25.25<br \/>\nEvaluated at bid price : 26.22<br \/>\nBid-YTW : -34.47 %<\/td>\n<\/tr>\n<\/table>\n<table border=\"1\">\n<tr>\n<td colspan=\"4\"><strong>Volume Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Shares<br \/>Traded<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.S<\/td>\n<td>FixedReset<\/td>\n<td>95,330<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-03-29<br \/>\nMaturity Price  : 22.93<br \/>\nEvaluated at bid price : 24.33<br \/>\nBid-YTW : 4.54 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.N<\/td>\n<td>Perpetual-Discount<\/td>\n<td>68,404<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-03-29<br \/>\nMaturity Price  : 21.10<br \/>\nEvaluated at bid price : 21.10<br \/>\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.R<\/td>\n<td>FixedReset<\/td>\n<td>56,100<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2022-07-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.04<br \/>\nBid-YTW : 4.29 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.I<\/td>\n<td>FixedReset<\/td>\n<td>52,600<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2020-12-01<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.00<br \/>\nBid-YTW : 3.08 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.E<\/td>\n<td>FixedReset<\/td>\n<td>47,750<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-03-29<br \/>\nMaturity Price  : 23.03<br \/>\nEvaluated at bid price : 24.65<br \/>\nBid-YTW : 4.67 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.Q<\/td>\n<td>FixedReset<\/td>\n<td>45,100<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.13<br \/>\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\">There were 26 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n<table border=\"1\">\n<tr>\n<td colspan=\"3\"><strong>Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Quote Data and Yield Notes<\/td>\n<\/tr>\n<tr>\n<td>TD.PR.T<\/td>\n<td>FloatingReset<\/td>\n<td>Quote: 24.70 &#8211; 25.80<br \/>\nSpot Rate  :  1.1000<br \/>\nAverage  :  0.6345<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2022-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.70<br \/>\nBid-YTW : 2.97 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.R<\/td>\n<td>FloatingReset<\/td>\n<td>Quote: 24.95 &#8211; 25.50<br \/>\nSpot Rate  :  0.5500<br \/>\nAverage  :  0.3573<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2018-08-25<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.95<br \/>\nBid-YTW : 2.18 %<\/td>\n<\/tr>\n<tr>\n<td>W.PR.H<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 24.16 &#8211; 24.60<br \/>\nSpot Rate  :  0.4400<br \/>\nAverage  :  0.2813<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-03-29<br \/>\nMaturity Price  : 23.92<br \/>\nEvaluated at bid price : 24.16<br \/>\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.I<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 26.00 &#8211; 26.46<br \/>\nSpot Rate  :  0.4600<br \/>\nAverage  :  0.3046<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2020-12-01<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.00<br \/>\nBid-YTW : 3.08 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.A<\/td>\n<td>Deemed-Retractible<\/td>\n<td>Quote: 25.17 &#8211; 25.50<br \/>\nSpot Rate  :  0.3300<br \/>\nAverage  :  0.2032<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2018-04-28<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.17<br \/>\nBid-YTW : 1.06 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.D<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 23.09 &#8211; 23.50<br \/>\nSpot Rate  :  0.4100<br \/>\nAverage  :  0.2971<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-03-29<br \/>\nMaturity Price  : 22.81<br \/>\nEvaluated at bid price : 23.09<br \/>\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>And that&#8217;s it for another month! HIMIPref&trade; Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref&trade; IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day&#8217;s Perf. &hellip;<\/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-49261","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49261","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=49261"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49261\/revisions"}],"predecessor-version":[{"id":49262,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49261\/revisions\/49262"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}