{"id":49522,"date":"2018-07-26T11:49:00","date_gmt":"2018-07-26T15:49:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49522"},"modified":"2025-08-20T11:49:43","modified_gmt":"2025-08-20T15:49:43","slug":"july-26-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49522","title":{"rendered":"July 26, 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-0.3885 %<\/td>\n3,102.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3885 %<\/td>\n5,692.4<\/td>\n<\/tr>\n
Floater<\/td>\n3.48 %<\/td>\n3.69 %<\/td>\n60,890<\/td>\n18.08<\/td>\n4<\/td>\n-0.3885 %<\/td>\n3,280.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1027 %<\/td>\n3,203.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.59 %<\/td>\n4.51 %<\/td>\n55,049<\/td>\n4.89<\/td>\n5<\/td>\n0.1027 %<\/td>\n3,825.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1027 %<\/td>\n2,985.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.63 %<\/td>\n-14.03 %<\/td>\n63,768<\/td>\n0.09<\/td>\n9<\/td>\n0.0481 %<\/td>\n2,912.5<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.39 %<\/td>\n5.52 %<\/td>\n58,197<\/td>\n14.64<\/td>\n26<\/td>\n0.1021 %<\/td>\n2,982.9<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.29 %<\/td>\n4.59 %<\/td>\n130,321<\/td>\n4.16<\/td>\n106<\/td>\n0.2035 %<\/td>\n2,568.7<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.15 %<\/td>\n6.00 %<\/td>\n60,631<\/td>\n5.45<\/td>\n27<\/td>\n0.1847 %<\/td>\n2,973.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.27 %<\/td>\n3.61 %<\/td>\n32,190<\/td>\n3.35<\/td>\n9<\/td>\n0.0940 %<\/td>\n2,834.6<\/td>\n<\/tr>\n<\/table>\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.L<\/td>\nPerpetual-Discount<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-26
\nMaturity Price : 22.66
\nEvaluated at bid price : 22.90
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
MFC.PR.G<\/td>\nFixedReset<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-12-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.53
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n
RY.PR.N<\/td>\nPerpetual-Discount<\/td>\n1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-26
\nMaturity Price : 24.22
\nEvaluated at bid price : 24.68
\nBid-YTW : 4.94 %<\/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
MFC.PR.R<\/td>\nFixedReset<\/td>\n110,879<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.96
\nBid-YTW : 3.88 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset<\/td>\n101,438<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-26
\nMaturity Price : 17.60
\nEvaluated at bid price : 17.60
\nBid-YTW : 4.94 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset<\/td>\n74,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-26
\nMaturity Price : 22.23
\nEvaluated at bid price : 22.80
\nBid-YTW : 4.72 %<\/td>\n<\/tr>\n
TRP.PR.K<\/td>\nFixedReset<\/td>\n73,790<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.60
\nBid-YTW : 4.45 %<\/td>\n<\/tr>\n
CU.PR.I<\/td>\nFixedReset<\/td>\n61,138<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.90
\nBid-YTW : 3.21 %<\/td>\n<\/tr>\n
GWO.PR.F<\/td>\nDeemed-Retractible<\/td>\n41,003<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-08-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.95
\nBid-YTW : -31.64 %<\/td>\n<\/tr>\n
There were 14 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.L<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.90 – 23.32
\nSpot Rate : 0.4200
\nAverage : 0.2775<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-26
\nMaturity Price : 22.66
\nEvaluated at bid price : 22.90
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n

MFC.PR.J<\/td>\nFixedReset<\/td>\nQuote: 24.94 – 25.30
\nSpot Rate : 0.3600
\nAverage : 0.2621<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.94
\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n

MFC.PR.K<\/td>\nFixedReset<\/td>\nQuote: 22.88 – 23.25
\nSpot Rate : 0.3700
\nAverage : 0.2846<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.88
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n

TRP.PR.B<\/td>\nFixedReset<\/td>\nQuote: 16.96 – 17.21
\nSpot Rate : 0.2500
\nAverage : 0.1707<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-26
\nMaturity Price : 16.96
\nEvaluated at bid price : 16.96
\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n

IAG.PR.G<\/td>\nFixedReset<\/td>\nQuote: 23.87 – 24.16
\nSpot Rate : 0.2900
\nAverage : 0.2122<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.87
\nBid-YTW : 5.13 %<\/td>\n<\/tr>\n

PWF.PR.Q<\/td>\nFloatingReset<\/td>\nQuote: 21.85 – 22.04
\nSpot Rate : 0.1900
\nAverage : 0.1231<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-26
\nMaturity Price : 21.49
\nEvaluated at bid price : 21.85
\nBid-YTW : 3.44 %<\/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-49522","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49522","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=49522"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49522\/revisions"}],"predecessor-version":[{"id":49523,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49522\/revisions\/49523"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}