{"id":49269,"date":"2018-03-26T11:12:00","date_gmt":"2018-03-26T15:12:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49269"},"modified":"2025-08-13T11:13:01","modified_gmt":"2025-08-13T15:13:01","slug":"march-26-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49269","title":{"rendered":"March 26, 2018"},"content":{"rendered":"

Some people think the world might not end after all<\/a>:<\/p>\n

\n

U.S. equities surged back from the biggest weekly rout in two years, with major benchmarks climbing more than 2.7 percent on signs that an escalation of trade tensions was beginning to ease.
…<\/b>
The optimism toward U.S. stocks emerged after the limits of the Trump administration\u2019s willingness to embrace protectionism came into view over the weekend. Treasury Secretary Steven Mnuchin told Fox News that he\u2019s \u201ccautiously hopeful\u201d that China will reach a deal to avoid tariffs on $50 billion of U.S. exports, while European leaders demanded a permanent exclusion at the threat of retaliation and a deal was struck with South Korea.
…<\/b>
The yield on 10-year Treasuries climbed four basis points to 2.85 percent.<\/p>\n<\/blockquote>\n\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>\n0.7296 %<\/td>\n3,025.6<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.7296 %<\/td>\n5,551.8<\/td>\n<\/tr>\n
Floater<\/td>\n3.30 %<\/td>\n3.46 %<\/td>\n101,188<\/td>\n18.61<\/td>\n4<\/td>\n0.7296 %<\/td>\n3,199.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0000 %<\/td>\n3,167.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.69 %<\/td>\n4.16 %<\/td>\n58,167<\/td>\n3.25<\/td>\n5<\/td>\n0.0000 %<\/td>\n3,782.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0000 %<\/td>\n2,951.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.63 %<\/td>\n5.11 %<\/td>\n79,561<\/td>\n0.74<\/td>\n11<\/td>\n-0.1043 %<\/td>\n2,834.5<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.39 %<\/td>\n5.52 %<\/td>\n82,186<\/td>\n14.60<\/td>\n23<\/td>\n-0.4377 %<\/td>\n2,913.7<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.30 %<\/td>\n4.68 %<\/td>\n175,779<\/td>\n5.83<\/td>\n104<\/td>\n0.0904 %<\/td>\n2,504.7<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.21 %<\/td>\n5.84 %<\/td>\n90,486<\/td>\n5.70<\/td>\n28<\/td>\n-0.1383 %<\/td>\n2,900.5<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.95 %<\/td>\n3.08 %<\/td>\n35,279<\/td>\n3.63<\/td>\n10<\/td>\n0.1064 %<\/td>\n2,757.5<\/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
BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\n-1.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-03-26
\nMaturity Price : 20.64
\nEvaluated at bid price : 20.64
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
BAM.PF.C<\/td>\nPerpetual-Discount<\/td>\n-1.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-03-26
\nMaturity Price : 21.15
\nEvaluated at bid price : 21.15
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
BAM.PF.D<\/td>\nPerpetual-Discount<\/td>\n-1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-03-26
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.35
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-03-26
\nMaturity Price : 20.71
\nEvaluated at bid price : 20.71
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-03-26
\nMaturity Price : 24.50
\nEvaluated at bid price : 24.75
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-03-26
\nMaturity Price : 23.04
\nEvaluated at bid price : 24.68
\nBid-YTW : 4.66 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-03-26
\nMaturity Price : 22.67
\nEvaluated at bid price : 23.12
\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-03-26
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 2.89 %<\/td>\n<\/tr>\n
MFC.PR.G<\/td>\nFixedReset<\/td>\n1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-12-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.31
\nBid-YTW : 4.75 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset<\/td>\n1.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-03-26
\nMaturity Price : 17.88
\nEvaluated at bid price : 17.88
\nBid-YTW : 4.80 %<\/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
BNS.PR.A<\/td>\nFloatingReset<\/td>\n417,442<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-04-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.13
\nBid-YTW : -6.22 %<\/td>\n<\/tr>\n
W.PR.M<\/td>\nFixedReset<\/td>\n51,112<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.82
\nBid-YTW : 4.53 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset<\/td>\n37,250<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-03-26
\nMaturity Price : 23.18
\nEvaluated at bid price : 25.09
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset<\/td>\n30,524<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-03-26
\nMaturity Price : 23.20
\nEvaluated at bid price : 24.25
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset<\/td>\n27,366<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.22
\nBid-YTW : 4.37 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset<\/td>\n25,986<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-03-26
\nMaturity Price : 23.06
\nEvaluated at bid price : 23.57
\nBid-YTW : 4.65 %<\/td>\n<\/tr>\n
There were 25 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.F<\/td>\nFloatingReset<\/td>\nQuote: 20.18 – 21.70
\nSpot Rate : 1.5200
\nAverage : 0.9710<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-03-26
\nMaturity Price : 20.18
\nEvaluated at bid price : 20.18
\nBid-YTW : 3.71 %<\/td>\n<\/tr>\n

EIT.PR.A<\/td>\nSplitShare<\/td>\nQuote: 25.55 – 26.55
\nSpot Rate : 1.0000
\nAverage : 0.6456<\/p>\n

YTW SCENARIO
\nMaturity Type : Soft Maturity
\nMaturity Date\t: 2024-03-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.55
\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n

BAM.PF.E<\/td>\nFixedReset<\/td>\nQuote: 22.90 – 23.45
\nSpot Rate : 0.5500
\nAverage : 0.4115<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-03-26
\nMaturity Price : 22.58
\nEvaluated at bid price : 22.90
\nBid-YTW : 5.01 %<\/td>\n<\/tr>\n

IFC.PR.E<\/td>\nDeemed-Retractible<\/td>\nQuote: 24.31 – 24.75
\nSpot Rate : 0.4400
\nAverage : 0.3034<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.31
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n

BMO.PR.Q<\/td>\nFixedReset<\/td>\nQuote: 22.25 – 22.60
\nSpot Rate : 0.3500
\nAverage : 0.2171<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.25
\nBid-YTW : 5.22 %<\/td>\n<\/tr>\n

TRP.PR.K<\/td>\nFixedReset<\/td>\nQuote: 25.55 – 25.85
\nSpot Rate : 0.3000
\nAverage : 0.1801<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.55
\nBid-YTW : 4.44 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Some people think the world might not end after all: U.S. equities surged back from the biggest weekly rout in two years, with major benchmarks climbing more than 2.7 percent on signs that an escalation …<\/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-49269","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49269","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=49269"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49269\/revisions"}],"predecessor-version":[{"id":49270,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49269\/revisions\/49270"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}