{"id":49625,"date":"2018-08-24T10:50:00","date_gmt":"2018-08-24T14:50:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49625"},"modified":"2025-08-22T10:50:40","modified_gmt":"2025-08-22T14:50:40","slug":"august-24-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49625","title":{"rendered":"August 24, 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-0.7480 %<\/td>\n3,100.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.7480 %<\/td>\n5,689.3<\/td>\n<\/tr>\n
Floater<\/td>\n3.49 %<\/td>\n3.69 %<\/td>\n43,711<\/td>\n18.02<\/td>\n4<\/td>\n-0.7480 %<\/td>\n3,278.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0079 %<\/td>\n3,241.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.59 %<\/td>\n4.12 %<\/td>\n50,582<\/td>\n4.87<\/td>\n5<\/td>\n0.0079 %<\/td>\n3,871.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0079 %<\/td>\n3,020.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.61 %<\/td>\n-11.35 %<\/td>\n58,348<\/td>\n0.09<\/td>\n10<\/td>\n0.0315 %<\/td>\n2,915.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.40 %<\/td>\n5.54 %<\/td>\n58,105<\/td>\n14.55<\/td>\n25<\/td>\n0.0345 %<\/td>\n2,994.9<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.30 %<\/td>\n4.69 %<\/td>\n120,167<\/td>\n4.06<\/td>\n107<\/td>\n0.0702 %<\/td>\n2,577.5<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.12 %<\/td>\n5.80 %<\/td>\n62,852<\/td>\n5.37<\/td>\n26<\/td>\n0.1968 %<\/td>\n2,990.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.42 %<\/td>\n3.56 %<\/td>\n38,896<\/td>\n5.68<\/td>\n7<\/td>\n0.0390 %<\/td>\n2,849.3<\/td>\n<\/tr>\n<\/table>\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
BAM.PR.K<\/td>\nFloater<\/td>\n-2.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-24
\nMaturity Price : 17.36
\nEvaluated at bid price : 17.36
\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-24
\nMaturity Price : 19.30
\nEvaluated at bid price : 19.30
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n
BMO.PR.Q<\/td>\nFixedReset<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.29
\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-24
\nMaturity Price : 23.17
\nEvaluated at bid price : 23.67
\nBid-YTW : 4.65 %<\/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>\n60,097<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-24
\nMaturity Price : 22.63
\nEvaluated at bid price : 23.16
\nBid-YTW : 4.73 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset<\/td>\n19,017<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-24
\nMaturity Price : 17.69
\nEvaluated at bid price : 17.69
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset<\/td>\n17,900<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.02
\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n
BMO.PR.C<\/td>\nFixedReset<\/td>\n17,500<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.29
\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset<\/td>\n17,103<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-24
\nMaturity Price : 22.05
\nEvaluated at bid price : 22.50
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset<\/td>\n15,210<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.39
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n
There were 8 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
CM.PR.Q<\/td>\nFixedReset<\/td>\nQuote: 24.40 – 25.00
\nSpot Rate : 0.6000
\nAverage : 0.3552<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-24
\nMaturity Price : 23.36
\nEvaluated at bid price : 24.40
\nBid-YTW : 4.91 %<\/td>\n<\/tr>\n

BAM.PR.K<\/td>\nFloater<\/td>\nQuote: 17.36 – 17.89
\nSpot Rate : 0.5300
\nAverage : 0.3636<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-24
\nMaturity Price : 17.36
\nEvaluated at bid price : 17.36
\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n

EMA.PR.F<\/td>\nFixedReset<\/td>\nQuote: 23.96 – 24.47
\nSpot Rate : 0.5100
\nAverage : 0.3624<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-24
\nMaturity Price : 23.54
\nEvaluated at bid price : 23.96
\nBid-YTW : 4.98 %<\/td>\n<\/tr>\n

RY.PR.M<\/td>\nFixedReset<\/td>\nQuote: 24.10 – 24.60
\nSpot Rate : 0.5000
\nAverage : 0.3535<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-08-24
\nMaturity Price : 23.15
\nEvaluated at bid price : 24.10
\nBid-YTW : 4.79 %<\/td>\n<\/tr>\n

MFC.PR.N<\/td>\nFixedReset<\/td>\nQuote: 23.40 – 23.96
\nSpot Rate : 0.5600
\nAverage : 0.4220<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.40
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n

BAM.PF.I<\/td>\nFixedReset<\/td>\nQuote: 26.05 – 26.40
\nSpot Rate : 0.3500
\nAverage : 0.2249<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.05
\nBid-YTW : 3.78 %<\/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-49625","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49625","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=49625"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49625\/revisions"}],"predecessor-version":[{"id":49626,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49625\/revisions\/49626"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}