{"id":49553,"date":"2018-08-21T21:19:00","date_gmt":"2018-08-22T01:19:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49553"},"modified":"2025-08-21T21:19:57","modified_gmt":"2025-08-22T01:19:57","slug":"august-21-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49553","title":{"rendered":"August 21, 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-0.1209 %<\/td>\n3,103.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1209 %<\/td>\n5,693.9<\/td>\n<\/tr>\n
Floater<\/td>\n3.48 %<\/td>\n3.68 %<\/td>\n46,045<\/td>\n18.06<\/td>\n4<\/td>\n-0.1209 %<\/td>\n3,281.4<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3794 %<\/td>\n3,233.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.60 %<\/td>\n4.22 %<\/td>\n50,733<\/td>\n4.88<\/td>\n5<\/td>\n0.3794 %<\/td>\n3,861.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3794 %<\/td>\n3,013.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.62 %<\/td>\n-9.65 %<\/td>\n61,725<\/td>\n0.08<\/td>\n10<\/td>\n0.0039 %<\/td>\n2,912.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.40 %<\/td>\n5.53 %<\/td>\n55,431<\/td>\n14.56<\/td>\n25<\/td>\n0.0691 %<\/td>\n2,992.6<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.31 %<\/td>\n4.69 %<\/td>\n118,699<\/td>\n4.08<\/td>\n107<\/td>\n0.0023 %<\/td>\n2,574.2<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.13 %<\/td>\n5.92 %<\/td>\n64,568<\/td>\n5.38<\/td>\n26<\/td>\n0.0775 %<\/td>\n2,984.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.43 %<\/td>\n3.78 %<\/td>\n37,283<\/td>\n5.69<\/td>\n7<\/td>\n0.0978 %<\/td>\n2,841.7<\/td>\n<\/tr>\n<\/table>\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
RY.PR.M<\/td>\nFixedReset<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-21
\nMaturity Price : 23.09
\nEvaluated at bid price : 23.97
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-21
\nMaturity Price : 19.31
\nEvaluated at bid price : 19.31
\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n
IAG.PR.I<\/td>\nFixedReset<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.20
\nBid-YTW : 4.80 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nDeemed-Retractible<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.49
\nBid-YTW : 6.93 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.00
\nBid-YTW : 5.96 %<\/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
BMO.PR.W<\/td>\nFixedReset<\/td>\n86,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-21
\nMaturity Price : 22.56
\nEvaluated at bid price : 23.02
\nBid-YTW : 4.73 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset<\/td>\n81,182<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-21
\nMaturity Price : 22.90
\nEvaluated at bid price : 23.45
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n
BMO.PR.C<\/td>\nFixedReset<\/td>\n48,200<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.34
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
RY.PR.P<\/td>\nPerpetual-Premium<\/td>\n39,650<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-21
\nMaturity Price : 24.56
\nEvaluated at bid price : 25.00
\nBid-YTW : 5.26 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset<\/td>\n37,869<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-21
\nMaturity Price : 22.69
\nEvaluated at bid price : 23.32
\nBid-YTW : 4.89 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset<\/td>\n37,500<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.59
\nBid-YTW : 4.63 %<\/td>\n<\/tr>\n
There were 18 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: 25.20 – 26.20
\nSpot Rate : 1.0000
\nAverage : 0.7827<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.20
\nBid-YTW : 4.80 %<\/td>\n<\/tr>\n

RY.PR.M<\/td>\nFixedReset<\/td>\nQuote: 23.97 – 24.59
\nSpot Rate : 0.6200
\nAverage : 0.4260<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-21
\nMaturity Price : 23.09
\nEvaluated at bid price : 23.97
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n

PWF.PR.P<\/td>\nFixedReset<\/td>\nQuote: 19.31 – 19.77
\nSpot Rate : 0.4600
\nAverage : 0.3585<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-21
\nMaturity Price : 19.31
\nEvaluated at bid price : 19.31
\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n

SLF.PR.I<\/td>\nFixedReset<\/td>\nQuote: 24.06 – 24.28
\nSpot Rate : 0.2200
\nAverage : 0.1522<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.06
\nBid-YTW : 5.09 %<\/td>\n<\/tr>\n

MFC.PR.F<\/td>\nFixedReset<\/td>\nQuote: 18.64 – 18.96
\nSpot Rate : 0.3200
\nAverage : 0.2579<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.64
\nBid-YTW : 8.05 %<\/td>\n<\/tr>\n

TD.PF.B<\/td>\nFixedReset<\/td>\nQuote: 23.50 – 23.70
\nSpot Rate : 0.2000
\nAverage : 0.1397<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-21
\nMaturity Price : 22.93
\nEvaluated at bid price : 23.50
\nBid-YTW : 4.71 %<\/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-49553","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49553","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=49553"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49553\/revisions"}],"predecessor-version":[{"id":49554,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49553\/revisions\/49554"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}