{"id":49477,"date":"2018-07-19T20:54:00","date_gmt":"2018-07-20T00:54:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49477"},"modified":"2025-08-19T20:54:28","modified_gmt":"2025-08-20T00:54:28","slug":"july-19-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49477","title":{"rendered":"July 19, 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>\n0.5236 %<\/td>\n3,118.4<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5236 %<\/td>\n5,722.1<\/td>\n<\/tr>\n
Floater<\/td>\n3.46 %<\/td>\n3.66 %<\/td>\n65,875<\/td>\n18.17<\/td>\n4<\/td>\n0.5236 %<\/td>\n3,297.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2448 %<\/td>\n3,193.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.60 %<\/td>\n4.49 %<\/td>\n57,658<\/td>\n4.91<\/td>\n5<\/td>\n-0.2448 %<\/td>\n3,813.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2448 %<\/td>\n2,975.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.63 %<\/td>\n-13.78 %<\/td>\n61,947<\/td>\n0.09<\/td>\n9<\/td>\n0.0350 %<\/td>\n2,907.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.38 %<\/td>\n5.50 %<\/td>\n55,939<\/td>\n14.65<\/td>\n26<\/td>\n-0.0049 %<\/td>\n2,984.1<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.30 %<\/td>\n4.58 %<\/td>\n128,667<\/td>\n4.45<\/td>\n106<\/td>\n0.0279 %<\/td>\n2,560.4<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.13 %<\/td>\n5.87 %<\/td>\n67,046<\/td>\n5.47<\/td>\n27<\/td>\n-0.0529 %<\/td>\n2,975.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.29 %<\/td>\n3.82 %<\/td>\n34,513<\/td>\n3.36<\/td>\n9<\/td>\n-0.0099 %<\/td>\n2,831.6<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
IAG.PR.I<\/td>\nFixedReset<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.95
\nBid-YTW : 4.91 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.50
\nBid-YTW : 4.52 %<\/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
TD.PR.T<\/td>\nFloatingReset<\/td>\n239,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-08-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.97
\nBid-YTW : 1.05 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nDeemed-Retractible<\/td>\n177,200<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.50
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
BMO.PR.R<\/td>\nFloatingReset<\/td>\n143,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-08-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.11
\nBid-YTW : -4.29 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset<\/td>\n104,084<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-19
\nMaturity Price : 21.89
\nEvaluated at bid price : 22.43
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n
PWF.PR.G<\/td>\nPerpetual-Premium<\/td>\n85,400<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-08-18
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.45
\nBid-YTW : -17.39 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset<\/td>\n60,639<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.10
\nBid-YTW : 4.28 %<\/td>\n<\/tr>\n
There were 12 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
IAG.PR.I<\/td>\nFixedReset<\/td>\nQuote: 24.95 – 25.32
\nSpot Rate : 0.3700
\nAverage : 0.2369<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.95
\nBid-YTW : 4.91 %<\/td>\n<\/tr>\n

MFC.PR.J<\/td>\nFixedReset<\/td>\nQuote: 25.05 – 25.29
\nSpot Rate : 0.2400
\nAverage : 0.1463<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.05
\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n

TRP.PR.E<\/td>\nFixedReset<\/td>\nQuote: 22.43 – 22.69
\nSpot Rate : 0.2600
\nAverage : 0.1699<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-19
\nMaturity Price : 21.89
\nEvaluated at bid price : 22.43
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n

TD.PF.G<\/td>\nFixedReset<\/td>\nQuote: 26.27 – 26.48
\nSpot Rate : 0.2100
\nAverage : 0.1347<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.27
\nBid-YTW : 3.51 %<\/td>\n<\/tr>\n

TRP.PR.A<\/td>\nFixedReset<\/td>\nQuote: 20.23 – 20.72
\nSpot Rate : 0.4900
\nAverage : 0.4317<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-19
\nMaturity Price : 20.23
\nEvaluated at bid price : 20.23
\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n

BAM.PR.X<\/td>\nFixedReset<\/td>\nQuote: 18.56 – 18.78
\nSpot Rate : 0.2200
\nAverage : 0.1645<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-19
\nMaturity Price : 18.56
\nEvaluated at bid price : 18.56
\nBid-YTW : 4.90 %<\/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-49477","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49477","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=49477"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49477\/revisions"}],"predecessor-version":[{"id":49478,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49477\/revisions\/49478"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}