{"id":49401,"date":"2018-05-24T11:08:00","date_gmt":"2018-05-24T15:08:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49401"},"modified":"2025-08-15T11:09:17","modified_gmt":"2025-08-15T15:09:17","slug":"may-24-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49401","title":{"rendered":"May 24, 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-0.3067 %<\/td>\n2,962.4<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3067 %<\/td>\n5,435.9<\/td>\n<\/tr>\n
Floater<\/td>\n3.38 %<\/td>\n3.61 %<\/td>\n80,292<\/td>\n18.21<\/td>\n4<\/td>\n-0.3067 %<\/td>\n3,132.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0000 %<\/td>\n3,181.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.62 %<\/td>\n4.56 %<\/td>\n80,167<\/td>\n5.06<\/td>\n5<\/td>\n0.0000 %<\/td>\n3,799.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0000 %<\/td>\n2,964.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.62 %<\/td>\n-5.90 %<\/td>\n65,700<\/td>\n0.08<\/td>\n10<\/td>\n0.0985 %<\/td>\n2,873.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.42 %<\/td>\n5.53 %<\/td>\n64,309<\/td>\n14.57<\/td>\n24<\/td>\n0.0413 %<\/td>\n2,942.6<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.27 %<\/td>\n4.74 %<\/td>\n155,056<\/td>\n3.93<\/td>\n103<\/td>\n-0.1433 %<\/td>\n2,551.0<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.14 %<\/td>\n5.72 %<\/td>\n76,813<\/td>\n5.55<\/td>\n27<\/td>\n-0.0858 %<\/td>\n2,940.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.16 %<\/td>\n3.44 %<\/td>\n33,511<\/td>\n3.51<\/td>\n8<\/td>\n0.6785 %<\/td>\n2,812.0<\/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
TRP.PR.D<\/td>\nFixedReset<\/td>\n-1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-24
\nMaturity Price : 22.06
\nEvaluated at bid price : 22.69
\nBid-YTW : 5.13 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset<\/td>\n-1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-24
\nMaturity Price : 21.99
\nEvaluated at bid price : 22.44
\nBid-YTW : 4.91 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-24
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 4.72 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset<\/td>\n2.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-24
\nMaturity Price : 20.58
\nEvaluated at bid price : 20.58
\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset<\/td>\n2.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-24
\nMaturity Price : 17.12
\nEvaluated at bid price : 17.12
\nBid-YTW : 5.05 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset<\/td>\n3.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.47
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
PWF.PR.Q<\/td>\nFloatingReset<\/td>\n6.75 %<\/td>\nA reversal of yesterday<\/a>‘s nonsense.<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-24
\nMaturity Price : 21.20
\nEvaluated at bid price : 21.20
\nBid-YTW : 3.44 %<\/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
TRP.PR.E<\/td>\nFixedReset<\/td>\n150,791<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-24
\nMaturity Price : 22.25
\nEvaluated at bid price : 22.64
\nBid-YTW : 5.13 %<\/td>\n<\/tr>\n
BNS.PR.B<\/td>\nFloatingReset<\/td>\n105,235<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-10-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.87
\nBid-YTW : 3.04 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset<\/td>\n104,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-24
\nMaturity Price : 23.07
\nEvaluated at bid price : 23.57
\nBid-YTW : 4.80 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nDeemed-Retractible<\/td>\n97,077<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.60
\nBid-YTW : 7.23 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset<\/td>\n95,450<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-24
\nMaturity Price : 23.11
\nEvaluated at bid price : 23.50
\nBid-YTW : 4.77 %<\/td>\n<\/tr>\n
TD.PR.S<\/td>\nFixedReset<\/td>\n92,500<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.00
\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n
There were 28 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.A<\/td>\nFloater<\/td>\nQuote: 20.93 – 21.23
\nSpot Rate : 0.3000
\nAverage : 0.1963<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-24
\nMaturity Price : 20.93
\nEvaluated at bid price : 20.93
\nBid-YTW : 2.90 %<\/td>\n<\/tr>\n

W.PR.J<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.75 – 25.10
\nSpot Rate : 0.3500
\nAverage : 0.2598<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-24
\nMaturity Price : 24.50
\nEvaluated at bid price : 24.75
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n

BIP.PR.B<\/td>\nFixedReset<\/td>\nQuote: 25.60 – 25.91
\nSpot Rate : 0.3100
\nAverage : 0.2203<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.60
\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n

IFC.PR.A<\/td>\nFixedReset<\/td>\nQuote: 19.64 – 19.87
\nSpot Rate : 0.2300
\nAverage : 0.1434<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.64
\nBid-YTW : 7.89 %<\/td>\n<\/tr>\n

W.PR.K<\/td>\nFixedReset<\/td>\nQuote: 25.78 – 26.20
\nSpot Rate : 0.4200
\nAverage : 0.3389<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-01-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.78
\nBid-YTW : 4.24 %<\/td>\n<\/tr>\n

TD.PF.J<\/td>\nFixedReset<\/td>\nQuote: 25.15 – 25.38
\nSpot Rate : 0.2300
\nAverage : 0.1587<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.15
\nBid-YTW : 4.79 %<\/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-49401","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49401","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=49401"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49401\/revisions"}],"predecessor-version":[{"id":49402,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49401\/revisions\/49402"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}