{"id":49573,"date":"2018-08-07T21:54:00","date_gmt":"2018-08-08T01:54:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49573"},"modified":"2025-08-21T21:54:33","modified_gmt":"2025-08-22T01:54:33","slug":"august-7-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49573","title":{"rendered":"August 7, 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-0.2006 %<\/td>\n3,113.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2006 %<\/td>\n5,713.8<\/td>\n<\/tr>\n
Floater<\/td>\n3.47 %<\/td>\n3.67 %<\/td>\n54,235<\/td>\n18.10<\/td>\n4<\/td>\n-0.2006 %<\/td>\n3,292.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0079 %<\/td>\n3,213.1<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.57 %<\/td>\n4.37 %<\/td>\n47,357<\/td>\n4.86<\/td>\n5<\/td>\n-0.0079 %<\/td>\n3,837.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0079 %<\/td>\n2,993.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.62 %<\/td>\n-11.72 %<\/td>\n59,838<\/td>\n0.09<\/td>\n10<\/td>\n-0.0433 %<\/td>\n2,912.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.40 %<\/td>\n5.53 %<\/td>\n53,872<\/td>\n14.61<\/td>\n25<\/td>\n0.0224 %<\/td>\n2,986.4<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.30 %<\/td>\n4.73 %<\/td>\n128,385<\/td>\n3.84<\/td>\n107<\/td>\n0.0702 %<\/td>\n2,573.4<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.15 %<\/td>\n6.07 %<\/td>\n57,898<\/td>\n5.41<\/td>\n26<\/td>\n-0.0226 %<\/td>\n2,974.0<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.35 %<\/td>\n3.55 %<\/td>\n31,110<\/td>\n5.75<\/td>\n7<\/td>\n0.2221 %<\/td>\n2,839.3<\/td>\n<\/tr>\n<\/table>\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
MFC.PR.L<\/td>\nFixedReset<\/td>\n-4.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.20
\nBid-YTW : 7.51 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n-1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-07
\nMaturity Price : 21.06
\nEvaluated at bid price : 21.06
\nBid-YTW : 5.44 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-07
\nMaturity Price : 23.67
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
EMA.PR.C<\/td>\nFixedReset<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-07
\nMaturity Price : 22.83
\nEvaluated at bid price : 24.12
\nBid-YTW : 5.04 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-07
\nMaturity Price : 23.84
\nEvaluated at bid price : 24.95
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset<\/td>\n1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.79
\nBid-YTW : 4.14 %<\/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.Q<\/td>\nFixedReset<\/td>\n225,550<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.12
\nBid-YTW : 4.35 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset<\/td>\n71,816<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.57
\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n
MFC.PR.R<\/td>\nFixedReset<\/td>\n57,400<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.01
\nBid-YTW : 3.86 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset<\/td>\n56,909<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.11
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
W.PR.K<\/td>\nFixedReset<\/td>\n49,500<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-01-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.15
\nBid-YTW : 3.43 %<\/td>\n<\/tr>\n
BNS.PR.G<\/td>\nFixedReset<\/td>\n46,818<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-07-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.38
\nBid-YTW : 3.60 %<\/td>\n<\/tr>\n
There were 11 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
MFC.PR.L<\/td>\nFixedReset<\/td>\nQuote: 21.20 – 23.19
\nSpot Rate : 1.9900
\nAverage : 1.3039<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.20
\nBid-YTW : 7.51 %<\/td>\n<\/tr>\n

IAG.PR.I<\/td>\nFixedReset<\/td>\nQuote: 25.16 – 26.16
\nSpot Rate : 1.0000
\nAverage : 0.5873<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.16
\nBid-YTW : 4.80 %<\/td>\n<\/tr>\n

MFC.PR.Q<\/td>\nFixedReset<\/td>\nQuote: 24.85 – 25.29
\nSpot Rate : 0.4400
\nAverage : 0.2979<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.85
\nBid-YTW : 4.98 %<\/td>\n<\/tr>\n

CU.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.06 – 21.40
\nSpot Rate : 0.3400
\nAverage : 0.2056<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-07
\nMaturity Price : 21.06
\nEvaluated at bid price : 21.06
\nBid-YTW : 5.44 %<\/td>\n<\/tr>\n

BIP.PR.A<\/td>\nFixedReset<\/td>\nQuote: 24.00 – 24.34
\nSpot Rate : 0.3400
\nAverage : 0.2163<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-07
\nMaturity Price : 23.67
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n

PWF.PR.Q<\/td>\nFloatingReset<\/td>\nQuote: 21.70 – 22.20
\nSpot Rate : 0.5000
\nAverage : 0.4026<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-07
\nMaturity Price : 21.38
\nEvaluated at bid price : 21.70
\nBid-YTW : 3.48 %<\/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-49573","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49573","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=49573"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49573\/revisions"}],"predecessor-version":[{"id":49574,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49573\/revisions\/49574"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}