{"id":49516,"date":"2018-07-31T11:45:00","date_gmt":"2018-07-31T15:45:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49516"},"modified":"2025-08-20T11:46:22","modified_gmt":"2025-08-20T15:46:22","slug":"july-31-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49516","title":{"rendered":"July 31, 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>\n1.1212 %<\/td>\n3,123.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.1212 %<\/td>\n5,731.4<\/td>\n<\/tr>\n
Floater<\/td>\n3.46 %<\/td>\n3.64 %<\/td>\n57,608<\/td>\n18.18<\/td>\n4<\/td>\n1.1212 %<\/td>\n3,303.0<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1026 %<\/td>\n3,206.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.58 %<\/td>\n4.65 %<\/td>\n50,043<\/td>\n4.87<\/td>\n5<\/td>\n0.1026 %<\/td>\n3,828.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1026 %<\/td>\n2,987.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.63 %<\/td>\n-15.36 %<\/td>\n60,028<\/td>\n0.09<\/td>\n9<\/td>\n0.0393 %<\/td>\n2,915.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.39 %<\/td>\n5.49 %<\/td>\n54,893<\/td>\n14.63<\/td>\n26<\/td>\n0.0218 %<\/td>\n2,986.3<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.29 %<\/td>\n4.66 %<\/td>\n127,370<\/td>\n3.90<\/td>\n106<\/td>\n-0.1278 %<\/td>\n2,570.2<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.14 %<\/td>\n6.00 %<\/td>\n59,538<\/td>\n5.43<\/td>\n27<\/td>\n0.0874 %<\/td>\n2,978.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.26 %<\/td>\n3.55 %<\/td>\n32,117<\/td>\n3.34<\/td>\n9<\/td>\n-0.2026 %<\/td>\n2,833.0<\/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.H<\/td>\nFloatingReset<\/td>\n-1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-31
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset<\/td>\n-1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-31
\nMaturity Price : 22.92
\nEvaluated at bid price : 23.40
\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset<\/td>\n-1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-31
\nMaturity Price : 22.19
\nEvaluated at bid price : 22.55
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n
BMO.PR.Q<\/td>\nFixedReset<\/td>\n-1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.70
\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-31
\nMaturity Price : 17.69
\nEvaluated at bid price : 17.69
\nBid-YTW : 3.69 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-31
\nMaturity Price : 17.77
\nEvaluated at bid price : 17.77
\nBid-YTW : 3.67 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-31
\nMaturity Price : 17.90
\nEvaluated at bid price : 17.90
\nBid-YTW : 3.64 %<\/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.PF.D<\/td>\nFixedReset<\/td>\n122,847<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.62
\nBid-YTW : 4.42 %<\/td>\n<\/tr>\n
BMO.PR.R<\/td>\nFloatingReset<\/td>\n99,800<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-09-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.96
\nBid-YTW : 1.07 %<\/td>\n<\/tr>\n
NA.PR.C<\/td>\nFixedReset<\/td>\n78,675<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-11-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.12
\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset<\/td>\n77,914<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-31
\nMaturity Price : 21.17
\nEvaluated at bid price : 21.17
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n
BMO.PR.C<\/td>\nFixedReset<\/td>\n76,200<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.30
\nBid-YTW : 4.09 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset<\/td>\n60,939<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-31
\nMaturity Price : 23.06
\nEvaluated at bid price : 23.60
\nBid-YTW : 4.67 %<\/td>\n<\/tr>\n
There were 21 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
BMO.PR.Q<\/td>\nFixedReset<\/td>\nQuote: 22.70 – 23.04
\nSpot Rate : 0.3400
\nAverage : 0.2041<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.70
\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n

NA.PR.W<\/td>\nFixedReset<\/td>\nQuote: 22.55 – 22.90
\nSpot Rate : 0.3500
\nAverage : 0.2169<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-31
\nMaturity Price : 22.19
\nEvaluated at bid price : 22.55
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n

TRP.PR.H<\/td>\nFloatingReset<\/td>\nQuote: 17.00 – 17.45
\nSpot Rate : 0.4500
\nAverage : 0.3295<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-31
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n

TD.PF.A<\/td>\nFixedReset<\/td>\nQuote: 23.40 – 23.75
\nSpot Rate : 0.3500
\nAverage : 0.2462<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-31
\nMaturity Price : 22.92
\nEvaluated at bid price : 23.40
\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n

BAM.PF.B<\/td>\nFixedReset<\/td>\nQuote: 23.80 – 24.08
\nSpot Rate : 0.2800
\nAverage : 0.1980<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-31
\nMaturity Price : 23.12
\nEvaluated at bid price : 23.80
\nBid-YTW : 5.06 %<\/td>\n<\/tr>\n

BMO.PR.Z<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.96 – 25.17
\nSpot Rate : 0.2100
\nAverage : 0.1368<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-31
\nMaturity Price : 24.48
\nEvaluated at bid price : 24.96
\nBid-YTW : 4.99 %<\/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-49516","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49516","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=49516"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49516\/revisions"}],"predecessor-version":[{"id":49517,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49516\/revisions\/49517"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}