{"id":49347,"date":"2018-05-17T20:14:00","date_gmt":"2018-05-18T00:14:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49347"},"modified":"2025-08-14T20:14:59","modified_gmt":"2025-08-15T00:14:59","slug":"may-17-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49347","title":{"rendered":"May 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>\n0.0696 %<\/td>\n2,979.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0696 %<\/td>\n5,466.3<\/td>\n<\/tr>\n
Floater<\/td>\n3.36 %<\/td>\n3.60 %<\/td>\n86,372<\/td>\n18.25<\/td>\n4<\/td>\n0.0696 %<\/td>\n3,150.2<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0632 %<\/td>\n3,165.0<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.59 %<\/td>\n4.63 %<\/td>\n82,498<\/td>\n5.02<\/td>\n5<\/td>\n0.0632 %<\/td>\n3,779.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0632 %<\/td>\n2,949.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.62 %<\/td>\n-5.34 %<\/td>\n69,532<\/td>\n0.09<\/td>\n10<\/td>\n-0.0472 %<\/td>\n2,872.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.42 %<\/td>\n5.49 %<\/td>\n65,573<\/td>\n14.65<\/td>\n24<\/td>\n-0.0754 %<\/td>\n2,943.5<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.25 %<\/td>\n4.54 %<\/td>\n165,575<\/td>\n3.88<\/td>\n103<\/td>\n-0.1834 %<\/td>\n2,562.4<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.13 %<\/td>\n5.61 %<\/td>\n77,895<\/td>\n5.58<\/td>\n27<\/td>\n-0.0342 %<\/td>\n2,950.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.06 %<\/td>\n3.34 %<\/td>\n29,683<\/td>\n3.54<\/td>\n8<\/td>\n-0.1752 %<\/td>\n2,813.5<\/td>\n<\/tr>\n<\/table>\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
HSE.PR.A<\/td>\nFixedReset<\/td>\n-1.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-17
\nMaturity Price : 17.82
\nEvaluated at bid price : 17.82
\nBid-YTW : 5.24 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset<\/td>\n-1.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-17
\nMaturity Price : 23.14
\nEvaluated at bid price : 24.20
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-17
\nMaturity Price : 23.15
\nEvaluated at bid price : 23.70
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.74
\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n
PWF.PR.Q<\/td>\nFloatingReset<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-17
\nMaturity Price : 21.20
\nEvaluated at bid price : 21.20
\nBid-YTW : 3.34 %<\/td>\n<\/tr>\n
BAM.PF.J<\/td>\nFixedReset<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.41
\nBid-YTW : 4.52 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-17
\nMaturity Price : 22.36
\nEvaluated at bid price : 23.04
\nBid-YTW : 4.69 %<\/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
IFC.PR.E<\/td>\nDeemed-Retractible<\/td>\n206,600<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.65
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset<\/td>\n119,900<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 7.51 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset<\/td>\n77,500<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.70
\nBid-YTW : 4.27 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset<\/td>\n53,400<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-11-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.50
\nBid-YTW : 4.43 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset<\/td>\n51,600<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.15
\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n
BNS.PR.B<\/td>\nFloatingReset<\/td>\n44,900<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-10-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.96
\nBid-YTW : 2.03 %<\/td>\n<\/tr>\n
There were 18 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.H<\/td>\nFloatingReset<\/td>\nQuote: 17.01 – 17.69
\nSpot Rate : 0.6800
\nAverage : 0.4173<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-17
\nMaturity Price : 17.01
\nEvaluated at bid price : 17.01
\nBid-YTW : 3.71 %<\/td>\n<\/tr>\n

HSE.PR.A<\/td>\nFixedReset<\/td>\nQuote: 17.82 – 18.15
\nSpot Rate : 0.3300
\nAverage : 0.2071<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-17
\nMaturity Price : 17.82
\nEvaluated at bid price : 17.82
\nBid-YTW : 5.24 %<\/td>\n<\/tr>\n

IAG.PR.I<\/td>\nFixedReset<\/td>\nQuote: 25.17 – 25.50
\nSpot Rate : 0.3300
\nAverage : 0.2348<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.17
\nBid-YTW : 4.91 %<\/td>\n<\/tr>\n

SLF.PR.C<\/td>\nDeemed-Retractible<\/td>\nQuote: 21.23 – 21.46
\nSpot Rate : 0.2300
\nAverage : 0.1515<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.23
\nBid-YTW : 7.50 %<\/td>\n<\/tr>\n

TRP.PR.A<\/td>\nFixedReset<\/td>\nQuote: 20.25 – 20.55
\nSpot Rate : 0.3000
\nAverage : 0.2230<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-17
\nMaturity Price : 20.25
\nEvaluated at bid price : 20.25
\nBid-YTW : 5.07 %<\/td>\n<\/tr>\n

BAM.PF.J<\/td>\nFixedReset<\/td>\nQuote: 25.41 – 25.73
\nSpot Rate : 0.3200
\nAverage : 0.2464<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.41
\nBid-YTW : 4.52 %<\/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-49347","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49347","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=49347"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49347\/revisions"}],"predecessor-version":[{"id":49348,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49347\/revisions\/49348"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}