{"id":49357,"date":"2018-05-14T20:30:00","date_gmt":"2018-05-15T00:30:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49357"},"modified":"2025-08-14T20:31:11","modified_gmt":"2025-08-15T00:31:11","slug":"may-14-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49357","title":{"rendered":"May 14, 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>\n-0.1254 %<\/td>\n2,970.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1254 %<\/td>\n5,450.3<\/td>\n<\/tr>\n
Floater<\/td>\n3.37 %<\/td>\n3.60 %<\/td>\n91,394<\/td>\n18.25<\/td>\n4<\/td>\n-0.1254 %<\/td>\n3,141.0<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0870 %<\/td>\n3,162.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.60 %<\/td>\n4.66 %<\/td>\n82,212<\/td>\n5.02<\/td>\n5<\/td>\n0.0870 %<\/td>\n3,776.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0870 %<\/td>\n2,946.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.62 %<\/td>\n-5.90 %<\/td>\n67,521<\/td>\n0.09<\/td>\n10<\/td>\n0.0669 %<\/td>\n2,873.5<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.41 %<\/td>\n5.45 %<\/td>\n63,000<\/td>\n14.71<\/td>\n24<\/td>\n0.1508 %<\/td>\n2,948.1<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.27 %<\/td>\n4.66 %<\/td>\n163,780<\/td>\n4.02<\/td>\n103<\/td>\n0.0445 %<\/td>\n2,548.3<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.12 %<\/td>\n5.57 %<\/td>\n81,702<\/td>\n5.59<\/td>\n27<\/td>\n0.0655 %<\/td>\n2,956.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.08 %<\/td>\n3.35 %<\/td>\n30,294<\/td>\n3.54<\/td>\n8<\/td>\n0.1822 %<\/td>\n2,801.9<\/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
MFC.PR.K<\/td>\nFixedReset<\/td>\n-2.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.70
\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset<\/td>\n-1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-14
\nMaturity Price : 20.19
\nEvaluated at bid price : 20.19
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.88
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-14
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 2.87 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-14
\nMaturity Price : 20.34
\nEvaluated at bid price : 20.34
\nBid-YTW : 5.05 %<\/td>\n<\/tr>\n
HSE.PR.C<\/td>\nFixedReset<\/td>\n1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-14
\nMaturity Price : 23.60
\nEvaluated at bid price : 24.77
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
MFC.PR.G<\/td>\nFixedReset<\/td>\n3.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-12-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.44
\nBid-YTW : 4.47 %<\/td>\n<\/tr>\n<\/table>\n\n\n\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.J<\/td>\nFixedReset<\/td>\n364,900<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-05-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.45
\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n
RY.PR.R<\/td>\nFixedReset<\/td>\n293,929<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.57
\nBid-YTW : 3.43 %<\/td>\n<\/tr>\n
MFC.PR.H<\/td>\nFixedReset<\/td>\n266,454<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.15
\nBid-YTW : 5.00 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset<\/td>\n207,237<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-14
\nMaturity Price : 22.82
\nEvaluated at bid price : 23.25
\nBid-YTW : 4.89 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset<\/td>\n196,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-14
\nMaturity Price : 23.00
\nEvaluated at bid price : 24.50
\nBid-YTW : 4.66 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset<\/td>\n157,469<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.84
\nBid-YTW : 4.05 %<\/td>\n<\/tr>\n
TD.PF.G<\/td>\nFixedReset<\/td>\n155,804<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.45
\nBid-YTW : 3.51 %<\/td>\n<\/tr>\n
BNS.PR.E<\/td>\nFixedReset<\/td>\n150,457<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.59
\nBid-YTW : 3.32 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nDeemed-Retractible<\/td>\n106,720<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.68
\nBid-YTW : 7.13 %<\/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
TD.PF.B<\/td>\nFixedReset<\/td>\nQuote: 23.25 – 23.75
\nSpot Rate : 0.5000
\nAverage : 0.3036<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-14
\nMaturity Price : 22.76
\nEvaluated at bid price : 23.25
\nBid-YTW : 4.77 %<\/td>\n<\/tr>\n

TD.PF.A<\/td>\nFixedReset<\/td>\nQuote: 23.23 – 23.68
\nSpot Rate : 0.4500
\nAverage : 0.2635<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-14
\nMaturity Price : 22.80
\nEvaluated at bid price : 23.23
\nBid-YTW : 4.75 %<\/td>\n<\/tr>\n

BAM.PR.R<\/td>\nFixedReset<\/td>\nQuote: 20.19 – 20.68
\nSpot Rate : 0.4900
\nAverage : 0.3109<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-14
\nMaturity Price : 20.19
\nEvaluated at bid price : 20.19
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n

PWF.PR.Q<\/td>\nFloatingReset<\/td>\nQuote: 21.18 – 25.00
\nSpot Rate : 3.8200
\nAverage : 3.6470<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-14
\nMaturity Price : 21.18
\nEvaluated at bid price : 21.18
\nBid-YTW : 3.35 %<\/td>\n<\/tr>\n

RY.PR.M<\/td>\nFixedReset<\/td>\nQuote: 24.27 – 24.95
\nSpot Rate : 0.6800
\nAverage : 0.5342<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-14
\nMaturity Price : 23.17
\nEvaluated at bid price : 24.27
\nBid-YTW : 4.75 %<\/td>\n<\/tr>\n

BMO.PR.Y<\/td>\nFixedReset<\/td>\nQuote: 24.51 – 24.89
\nSpot Rate : 0.3800
\nAverage : 0.2833<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-08-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.51
\nBid-YTW : 4.68 %<\/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-49357","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49357","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=49357"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49357\/revisions"}],"predecessor-version":[{"id":49358,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49357\/revisions\/49358"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}