{"id":49289,"date":"2018-04-17T20:58:00","date_gmt":"2018-04-18T00:58:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49289"},"modified":"2025-08-13T20:59:24","modified_gmt":"2025-08-14T00:59:24","slug":"april-17-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49289","title":{"rendered":"April 17, 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>\n0.4072 %<\/td>\n2,957.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4072 %<\/td>\n5,425.9<\/td>\n<\/tr>\n
Floater<\/td>\n3.38 %<\/td>\n3.59 %<\/td>\n98,341<\/td>\n18.32<\/td>\n4<\/td>\n0.4072 %<\/td>\n3,127.0<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1486 %<\/td>\n3,146.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.62 %<\/td>\n4.68 %<\/td>\n79,198<\/td>\n5.10<\/td>\n5<\/td>\n-0.1486 %<\/td>\n3,757.2<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1486 %<\/td>\n2,931.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.55 %<\/td>\n-9.76 %<\/td>\n72,801<\/td>\n0.09<\/td>\n11<\/td>\n0.1577 %<\/td>\n2,876.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.37 %<\/td>\n5.41 %<\/td>\n66,587<\/td>\n14.80<\/td>\n24<\/td>\n0.1319 %<\/td>\n2,956.4<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.31 %<\/td>\n4.72 %<\/td>\n162,052<\/td>\n4.45<\/td>\n104<\/td>\n0.0618 %<\/td>\n2,513.0<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.11 %<\/td>\n5.63 %<\/td>\n85,834<\/td>\n5.66<\/td>\n28<\/td>\n0.2157 %<\/td>\n2,953.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.03 %<\/td>\n2.94 %<\/td>\n33,627<\/td>\n3.59<\/td>\n11<\/td>\n-0.0523 %<\/td>\n2,760.6<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
MFC.PR.L<\/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 : 22.76
\nBid-YTW : 5.90 %<\/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
EIT.PR.B<\/td>\nSplitShare<\/td>\n330,753<\/td>\nYTW SCENARIO
\nMaturity Type : Soft Maturity
\nMaturity Date\t: 2025-03-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.99
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
TRP.PR.J<\/td>\nFixedReset<\/td>\n306,842<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.35
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n
VNR.PR.A<\/td>\nFixedReset<\/td>\n151,050<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-04-17
\nMaturity Price : 23.02
\nEvaluated at bid price : 24.49
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n
BAM.PF.I<\/td>\nFixedReset<\/td>\n93,300<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.82
\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n
BAM.PF.J<\/td>\nFixedReset<\/td>\n82,400<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.40
\nBid-YTW : 4.44 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset<\/td>\n74,369<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.18
\nBid-YTW : 4.71 %<\/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
BAM.PR.X<\/td>\nFixedReset<\/td>\nQuote: 18.01 – 18.55
\nSpot Rate : 0.5400
\nAverage : 0.3325<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-04-17
\nMaturity Price : 18.01
\nEvaluated at bid price : 18.01
\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n

BAM.PF.J<\/td>\nFixedReset<\/td>\nQuote: 25.40 – 25.77
\nSpot Rate : 0.3700
\nAverage : 0.2326<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.40
\nBid-YTW : 4.44 %<\/td>\n<\/tr>\n

MFC.PR.O<\/td>\nFixedReset<\/td>\nQuote: 26.38 – 26.69
\nSpot Rate : 0.3100
\nAverage : 0.1865<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-06-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.38
\nBid-YTW : 3.91 %<\/td>\n<\/tr>\n

TRP.PR.E<\/td>\nFixedReset<\/td>\nQuote: 22.10 – 22.39
\nSpot Rate : 0.2900
\nAverage : 0.1830<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-04-17
\nMaturity Price : 21.67
\nEvaluated at bid price : 22.10
\nBid-YTW : 5.01 %<\/td>\n<\/tr>\n

TRP.PR.B<\/td>\nFixedReset<\/td>\nQuote: 16.56 – 16.90
\nSpot Rate : 0.3400
\nAverage : 0.2332<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-04-17
\nMaturity Price : 16.56
\nEvaluated at bid price : 16.56
\nBid-YTW : 4.92 %<\/td>\n<\/tr>\n

IAG.PR.I<\/td>\nFixedReset<\/td>\nQuote: 25.46 – 25.75
\nSpot Rate : 0.2900
\nAverage : 0.2132<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.46
\nBid-YTW : 4.55 %<\/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-49289","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49289","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=49289"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49289\/revisions"}],"predecessor-version":[{"id":49290,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49289\/revisions\/49290"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}