{"id":49397,"date":"2018-05-28T11:06:00","date_gmt":"2018-05-28T15:06:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49397"},"modified":"2025-08-15T11:07:05","modified_gmt":"2025-08-15T15:07:05","slug":"may-28-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49397","title":{"rendered":"May 28, 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-0.0557 %<\/td>\n2,973.6<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0557 %<\/td>\n5,456.4<\/td>\n<\/tr>\n
Floater<\/td>\n3.36 %<\/td>\n3.61 %<\/td>\n76,644<\/td>\n18.21<\/td>\n4<\/td>\n-0.0557 %<\/td>\n3,144.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1829 %<\/td>\n3,184.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.61 %<\/td>\n4.44 %<\/td>\n80,660<\/td>\n5.05<\/td>\n5<\/td>\n0.1829 %<\/td>\n3,802.7<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1829 %<\/td>\n2,967.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.62 %<\/td>\n-5.63 %<\/td>\n64,918<\/td>\n0.09<\/td>\n10<\/td>\n0.0197 %<\/td>\n2,874.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.42 %<\/td>\n5.51 %<\/td>\n64,891<\/td>\n14.60<\/td>\n24<\/td>\n-0.0879 %<\/td>\n2,942.4<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.29 %<\/td>\n4.66 %<\/td>\n155,297<\/td>\n4.25<\/td>\n103<\/td>\n-0.2023 %<\/td>\n2,540.2<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.15 %<\/td>\n5.74 %<\/td>\n73,395<\/td>\n5.54<\/td>\n27<\/td>\n-0.0593 %<\/td>\n2,939.0<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.20 %<\/td>\n3.66 %<\/td>\n34,381<\/td>\n3.49<\/td>\n8<\/td>\n-0.2101 %<\/td>\n2,798.1<\/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.T<\/td>\nFixedReset<\/td>\n-2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-28
\nMaturity Price : 20.67
\nEvaluated at bid price : 20.67
\nBid-YTW : 5.21 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset<\/td>\n-1.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.05
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
CU.PR.I<\/td>\nFixedReset<\/td>\n-1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.60
\nBid-YTW : 3.49 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-28
\nMaturity Price : 22.95
\nEvaluated at bid price : 23.31
\nBid-YTW : 5.07 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset<\/td>\n-1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.81
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-28
\nMaturity Price : 22.88
\nEvaluated at bid price : 23.65
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-28
\nMaturity Price : 24.06
\nEvaluated at bid price : 24.45
\nBid-YTW : 5.14 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-28
\nMaturity Price : 20.12
\nEvaluated at bid price : 20.12
\nBid-YTW : 5.03 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.75
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-28
\nMaturity Price : 20.52
\nEvaluated at bid price : 20.52
\nBid-YTW : 5.19 %<\/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
POW.PR.G<\/td>\nPerpetual-Premium<\/td>\n100,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.25
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
PWF.PR.R<\/td>\nPerpetual-Premium<\/td>\n77,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-28
\nMaturity Price : 24.65
\nEvaluated at bid price : 24.95
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
GWO.PR.M<\/td>\nDeemed-Retractible<\/td>\n69,400<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-06-27
\nMaturity Price : 25.25
\nEvaluated at bid price : 26.01
\nBid-YTW : -18.30 %<\/td>\n<\/tr>\n
BNS.PR.G<\/td>\nFixedReset<\/td>\n60,700<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-07-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.56
\nBid-YTW : 3.57 %<\/td>\n<\/tr>\n
GWO.PR.L<\/td>\nDeemed-Retractible<\/td>\n43,600<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-06-27
\nMaturity Price : 25.25
\nEvaluated at bid price : 25.85
\nBid-YTW : -11.75 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset<\/td>\n41,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-28
\nMaturity Price : 23.21
\nEvaluated at bid price : 25.13
\nBid-YTW : 4.76 %<\/td>\n<\/tr>\n
There were 24 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
PWF.PR.O<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.60 – 26.15
\nSpot Rate : 0.5500
\nAverage : 0.3167<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-06-27
\nMaturity Price : 25.25
\nEvaluated at bid price : 25.60
\nBid-YTW : -5.63 %<\/td>\n<\/tr>\n

BMO.PR.Y<\/td>\nFixedReset<\/td>\nQuote: 24.47 – 24.99
\nSpot Rate : 0.5200
\nAverage : 0.3459<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-28
\nMaturity Price : 23.32
\nEvaluated at bid price : 24.47
\nBid-YTW : 4.80 %<\/td>\n<\/tr>\n

TD.PF.H<\/td>\nFixedReset<\/td>\nQuote: 26.01 – 26.39
\nSpot Rate : 0.3800
\nAverage : 0.2526<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.01
\nBid-YTW : 3.72 %<\/td>\n<\/tr>\n

BAM.PF.I<\/td>\nFixedReset<\/td>\nQuote: 25.90 – 26.23
\nSpot Rate : 0.3300
\nAverage : 0.2046<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.90
\nBid-YTW : 4.01 %<\/td>\n<\/tr>\n

BAM.PF.F<\/td>\nFixedReset<\/td>\nQuote: 24.45 – 24.80
\nSpot Rate : 0.3500
\nAverage : 0.2261<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-28
\nMaturity Price : 24.06
\nEvaluated at bid price : 24.45
\nBid-YTW : 5.14 %<\/td>\n<\/tr>\n

BAM.PR.T<\/td>\nFixedReset<\/td>\nQuote: 20.67 – 21.01
\nSpot Rate : 0.3400
\nAverage : 0.2215<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-28
\nMaturity Price : 20.67
\nEvaluated at bid price : 20.67
\nBid-YTW : 5.21 %<\/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-49397","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49397","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=49397"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49397\/revisions"}],"predecessor-version":[{"id":49398,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49397\/revisions\/49398"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}