{"id":49307,"date":"2018-04-03T21:30:00","date_gmt":"2018-04-04T01:30:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49307"},"modified":"2025-08-13T21:31:04","modified_gmt":"2025-08-14T01:31:04","slug":"april-3-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49307","title":{"rendered":"April 3, 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>\n0.1114 %<\/td>\n2,972.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1114 %<\/td>\n5,454.0<\/td>\n<\/tr>\n
Floater<\/td>\n3.36 %<\/td>\n3.57 %<\/td>\n104,939<\/td>\n18.40<\/td>\n4<\/td>\n0.1114 %<\/td>\n3,143.1<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1086 %<\/td>\n3,156.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.56 %<\/td>\n4.53 %<\/td>\n80,527<\/td>\n5.14<\/td>\n4<\/td>\n-0.1086 %<\/td>\n3,769.2<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1086 %<\/td>\n2,940.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.55 %<\/td>\n-3.10 %<\/td>\n73,738<\/td>\n0.09<\/td>\n11<\/td>\n0.0788 %<\/td>\n2,856.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.38 %<\/td>\n5.44 %<\/td>\n74,589<\/td>\n14.67<\/td>\n24<\/td>\n0.1213 %<\/td>\n2,941.2<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.32 %<\/td>\n4.64 %<\/td>\n173,917<\/td>\n5.84<\/td>\n104<\/td>\n-0.1971 %<\/td>\n2,500.0<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.15 %<\/td>\n5.80 %<\/td>\n91,092<\/td>\n5.69<\/td>\n28<\/td>\n0.2204 %<\/td>\n2,930.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n2.96 %<\/td>\n3.28 %<\/td>\n33,445<\/td>\n3.62<\/td>\n11<\/td>\n0.3981 %<\/td>\n2,744.2<\/td>\n<\/tr>\n<\/table>\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
TRP.PR.A<\/td>\nFixedReset<\/td>\n-1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-04-03
\nMaturity Price : 20.02
\nEvaluated at bid price : 20.02
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
GWO.PR.M<\/td>\nDeemed-Retractible<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-05-03
\nMaturity Price : 25.25
\nEvaluated at bid price : 25.88
\nBid-YTW : -22.52 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-04-03
\nMaturity Price : 22.40
\nEvaluated at bid price : 22.83
\nBid-YTW : 4.66 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-04-03
\nMaturity Price : 20.92
\nEvaluated at bid price : 20.92
\nBid-YTW : 2.91 %<\/td>\n<\/tr>\n
W.PR.H<\/td>\nPerpetual-Discount<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-04-03
\nMaturity Price : 24.22
\nEvaluated at bid price : 24.48
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nDeemed-Retractible<\/td>\n1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.48
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nDeemed-Retractible<\/td>\n2.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.10
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n2.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-04-03
\nMaturity Price : 19.99
\nEvaluated at bid price : 19.99
\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n
TRP.PR.H<\/td>\nFloatingReset<\/td>\n4.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-04-03
\nMaturity Price : 16.72
\nEvaluated at bid price : 16.72
\nBid-YTW : 3.54 %<\/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
RY.PR.R<\/td>\nFixedReset<\/td>\n155,850<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.47
\nBid-YTW : 3.85 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset<\/td>\n95,013<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-04-03
\nMaturity Price : 23.16
\nEvaluated at bid price : 25.00
\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset<\/td>\n82,680<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-04-03
\nMaturity Price : 22.40
\nEvaluated at bid price : 22.83
\nBid-YTW : 4.66 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset<\/td>\n54,853<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.10
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n
W.PR.H<\/td>\nPerpetual-Discount<\/td>\n50,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-04-03
\nMaturity Price : 24.22
\nEvaluated at bid price : 24.48
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset<\/td>\n45,479<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-04-03
\nMaturity Price : 23.22
\nEvaluated at bid price : 24.19
\nBid-YTW : 4.74 %<\/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
RY.PR.N<\/td>\nPerpetual-Premium<\/td>\nQuote: 24.51 – 25.00
\nSpot Rate : 0.4900
\nAverage : 0.3513<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-04-03
\nMaturity Price : 24.09
\nEvaluated at bid price : 24.51
\nBid-YTW : 5.04 %<\/td>\n<\/tr>\n

BNS.PR.F<\/td>\nFloatingReset<\/td>\nQuote: 22.51 – 23.02
\nSpot Rate : 0.5100
\nAverage : 0.3802<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.51
\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n

RY.PR.M<\/td>\nFixedReset<\/td>\nQuote: 23.96 – 24.30
\nSpot Rate : 0.3400
\nAverage : 0.2264<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-04-03
\nMaturity Price : 23.01
\nEvaluated at bid price : 23.96
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n

BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.00 – 21.33
\nSpot Rate : 0.3300
\nAverage : 0.2211<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-04-03
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n

MFC.PR.L<\/td>\nFixedReset<\/td>\nQuote: 22.39 – 22.67
\nSpot Rate : 0.2800
\nAverage : 0.1860<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.39
\nBid-YTW : 6.04 %<\/td>\n<\/tr>\n

BAM.PR.Z<\/td>\nFixedReset<\/td>\nQuote: 24.40 – 24.68
\nSpot Rate : 0.2800
\nAverage : 0.1882<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-04-03
\nMaturity Price : 22.96
\nEvaluated at bid price : 24.40
\nBid-YTW : 4.94 %<\/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-49307","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49307","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=49307"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49307\/revisions"}],"predecessor-version":[{"id":49308,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49307\/revisions\/49308"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}