{"id":49441,"date":"2018-06-04T21:05:00","date_gmt":"2018-06-05T01:05:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49441"},"modified":"2025-08-15T21:06:05","modified_gmt":"2025-08-16T01:06:05","slug":"june-4-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49441","title":{"rendered":"June 4, 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-0.6884 %<\/td>\n2,928.4<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.6884 %<\/td>\n5,373.5<\/td>\n<\/tr>\n
Floater<\/td>\n3.42 %<\/td>\n3.66 %<\/td>\n65,336<\/td>\n18.08<\/td>\n4<\/td>\n-0.6884 %<\/td>\n3,096.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1591 %<\/td>\n3,171.9<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.63 %<\/td>\n4.51 %<\/td>\n78,780<\/td>\n5.03<\/td>\n5<\/td>\n-0.1591 %<\/td>\n3,787.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1591 %<\/td>\n2,955.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.63 %<\/td>\n-6.64 %<\/td>\n64,840<\/td>\n0.09<\/td>\n9<\/td>\n0.0174 %<\/td>\n2,875.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.41 %<\/td>\n5.51 %<\/td>\n62,310<\/td>\n14.60<\/td>\n26<\/td>\n-0.0116 %<\/td>\n2,941.8<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.31 %<\/td>\n4.71 %<\/td>\n165,794<\/td>\n5.69<\/td>\n105<\/td>\n0.1797 %<\/td>\n2,536.0<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.19 %<\/td>\n5.78 %<\/td>\n73,804<\/td>\n5.58<\/td>\n27<\/td>\n0.0220 %<\/td>\n2,941.0<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.06 %<\/td>\n3.79 %<\/td>\n34,053<\/td>\n3.48<\/td>\n9<\/td>\n-0.1405 %<\/td>\n2,778.7<\/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
PWF.PR.Q<\/td>\nFloatingReset<\/td>\n-1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-06-04
\nMaturity Price : 20.75
\nEvaluated at bid price : 20.75
\nBid-YTW : 3.41 %<\/td>\n<\/tr>\n
PVS.PR.D<\/td>\nSplitShare<\/td>\n-1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2021-10-08
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.00
\nBid-YTW : 4.51 %<\/td>\n<\/tr>\n
HSE.PR.C<\/td>\nFixedReset<\/td>\n-1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-06-04
\nMaturity Price : 23.94
\nEvaluated at bid price : 24.30
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
TRP.PR.H<\/td>\nFloatingReset<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-06-04
\nMaturity Price : 16.40
\nEvaluated at bid price : 16.40
\nBid-YTW : 3.79 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-06-04
\nMaturity Price : 16.57
\nEvaluated at bid price : 16.57
\nBid-YTW : 3.68 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-06-04
\nMaturity Price : 20.25
\nEvaluated at bid price : 20.25
\nBid-YTW : 3.85 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-09-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.94
\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-06-04
\nMaturity Price : 22.59
\nEvaluated at bid price : 23.15
\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset<\/td>\n1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-06-04
\nMaturity Price : 22.66
\nEvaluated at bid price : 23.09
\nBid-YTW : 4.86 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset<\/td>\n2.86 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-06-04
\nMaturity Price : 16.88
\nEvaluated at bid price : 16.88
\nBid-YTW : 4.86 %<\/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
EMA.PR.H<\/td>\nFixedReset<\/td>\n113,745<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-06-04
\nMaturity Price : 23.18
\nEvaluated at bid price : 25.08
\nBid-YTW : 4.80 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset<\/td>\n106,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-06-04
\nMaturity Price : 17.74
\nEvaluated at bid price : 17.74
\nBid-YTW : 4.93 %<\/td>\n<\/tr>\n
MFC.PR.O<\/td>\nFixedReset<\/td>\n55,438<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-06-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.50
\nBid-YTW : 3.45 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset<\/td>\n50,211<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.20
\nBid-YTW : 4.32 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset<\/td>\n44,253<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-06-04
\nMaturity Price : 22.96
\nEvaluated at bid price : 23.47
\nBid-YTW : 4.66 %<\/td>\n<\/tr>\n
MFC.PR.R<\/td>\nFixedReset<\/td>\n34,600<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.80
\nBid-YTW : 3.90 %<\/td>\n<\/tr>\n
There were 11 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
MFC.PR.M<\/td>\nFixedReset<\/td>\nQuote: 22.85 – 23.85
\nSpot Rate : 1.0000
\nAverage : 0.5901<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.85
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n

PVS.PR.D<\/td>\nSplitShare<\/td>\nQuote: 25.00 – 25.70
\nSpot Rate : 0.7000
\nAverage : 0.4446<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2021-10-08
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.00
\nBid-YTW : 4.51 %<\/td>\n<\/tr>\n

BAM.PR.K<\/td>\nFloater<\/td>\nQuote: 16.57 – 17.24
\nSpot Rate : 0.6700
\nAverage : 0.4308<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-06-04
\nMaturity Price : 16.57
\nEvaluated at bid price : 16.57
\nBid-YTW : 3.68 %<\/td>\n<\/tr>\n

IAG.PR.I<\/td>\nFixedReset<\/td>\nQuote: 23.90 – 24.90
\nSpot Rate : 1.0000
\nAverage : 0.7869<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.90
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n

TRP.PR.H<\/td>\nFloatingReset<\/td>\nQuote: 16.40 – 17.00
\nSpot Rate : 0.6000
\nAverage : 0.4475<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-06-04
\nMaturity Price : 16.40
\nEvaluated at bid price : 16.40
\nBid-YTW : 3.79 %<\/td>\n<\/tr>\n

BAM.PF.G<\/td>\nFixedReset<\/td>\nQuote: 24.17 – 24.60
\nSpot Rate : 0.4300
\nAverage : 0.2930<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-06-04
\nMaturity Price : 23.22
\nEvaluated at bid price : 24.17
\nBid-YTW : 5.11 %<\/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-49441","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49441","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=49441"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49441\/revisions"}],"predecessor-version":[{"id":49442,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49441\/revisions\/49442"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}