{"id":49565,"date":"2018-08-02T21:29:00","date_gmt":"2018-08-03T01:29:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49565"},"modified":"2025-08-21T21:29:29","modified_gmt":"2025-08-22T01:29:29","slug":"august-2-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49565","title":{"rendered":"August 2, 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>\n0.5875 %<\/td>\n3,143.1<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5875 %<\/td>\n5,767.4<\/td>\n<\/tr>\n
Floater<\/td>\n3.44 %<\/td>\n3.65 %<\/td>\n53,509<\/td>\n18.17<\/td>\n4<\/td>\n0.5875 %<\/td>\n3,323.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0946 %<\/td>\n3,209.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.58 %<\/td>\n4.39 %<\/td>\n47,477<\/td>\n4.87<\/td>\n5<\/td>\n0.0946 %<\/td>\n3,833.2<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0946 %<\/td>\n2,990.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.61 %<\/td>\n-14.57 %<\/td>\n61,381<\/td>\n0.09<\/td>\n10<\/td>\n0.0905 %<\/td>\n2,916.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.40 %<\/td>\n5.52 %<\/td>\n55,274<\/td>\n14.64<\/td>\n25<\/td>\n-0.0414 %<\/td>\n2,986.4<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.29 %<\/td>\n4.65 %<\/td>\n125,308<\/td>\n3.94<\/td>\n107<\/td>\n-0.0453 %<\/td>\n2,574.3<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.14 %<\/td>\n5.99 %<\/td>\n62,307<\/td>\n5.43<\/td>\n26<\/td>\n0.0113 %<\/td>\n2,978.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.36 %<\/td>\n3.56 %<\/td>\n31,751<\/td>\n5.75<\/td>\n7<\/td>\n-0.2218 %<\/td>\n2,830.4<\/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
HSE.PR.A<\/td>\nFixedReset<\/td>\n-1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-02
\nMaturity Price : 17.86
\nEvaluated at bid price : 17.86
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.75
\nBid-YTW : 6.95 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-02
\nMaturity Price : 24.26
\nEvaluated at bid price : 24.65
\nBid-YTW : 5.13 %<\/td>\n<\/tr>\n
MFC.PR.G<\/td>\nFixedReset<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-12-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.50
\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n2.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-02
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.71
\nBid-YTW : 2.95 %<\/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.T<\/td>\nFixedReset<\/td>\n100,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-02
\nMaturity Price : 22.72
\nEvaluated at bid price : 23.24
\nBid-YTW : 4.72 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset<\/td>\n68,091<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-02
\nMaturity Price : 22.70
\nEvaluated at bid price : 23.80
\nBid-YTW : 4.92 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset<\/td>\n64,816<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-02
\nMaturity Price : 22.75
\nEvaluated at bid price : 23.86
\nBid-YTW : 4.79 %<\/td>\n<\/tr>\n
TD.PF.H<\/td>\nFixedReset<\/td>\n55,200<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.96
\nBid-YTW : 3.61 %<\/td>\n<\/tr>\n
POW.PR.G<\/td>\nPerpetual-Premium<\/td>\n52,614<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.33
\nBid-YTW : 5.21 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset<\/td>\n51,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-02
\nMaturity Price : 22.60
\nEvaluated at bid price : 23.05
\nBid-YTW : 4.73 %<\/td>\n<\/tr>\n
There were 19 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
SLF.PR.J<\/td>\nFloatingReset<\/td>\nQuote: 19.75 – 20.25
\nSpot Rate : 0.5000
\nAverage : 0.2924<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.75
\nBid-YTW : 6.95 %<\/td>\n<\/tr>\n

BAM.PF.F<\/td>\nFixedReset<\/td>\nQuote: 24.65 – 25.00
\nSpot Rate : 0.3500
\nAverage : 0.2103<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-02
\nMaturity Price : 24.26
\nEvaluated at bid price : 24.65
\nBid-YTW : 5.13 %<\/td>\n<\/tr>\n

MFC.PR.K<\/td>\nFixedReset<\/td>\nQuote: 22.89 – 23.50
\nSpot Rate : 0.6100
\nAverage : 0.4935<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.89
\nBid-YTW : 6.14 %<\/td>\n<\/tr>\n

HSE.PR.C<\/td>\nFixedReset<\/td>\nQuote: 24.85 – 25.22
\nSpot Rate : 0.3700
\nAverage : 0.2550<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2019-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.85
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n

TRP.PR.B<\/td>\nFixedReset<\/td>\nQuote: 17.00 – 17.38
\nSpot Rate : 0.3800
\nAverage : 0.2701<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-02
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 4.97 %<\/td>\n<\/tr>\n

MFC.PR.N<\/td>\nFixedReset<\/td>\nQuote: 23.75 – 24.00
\nSpot Rate : 0.2500
\nAverage : 0.1473<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.75
\nBid-YTW : 5.35 %<\/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-49565","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49565","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=49565"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49565\/revisions"}],"predecessor-version":[{"id":49566,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49565\/revisions\/49566"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}