{"id":49629,"date":"2018-09-21T20:16:00","date_gmt":"2018-09-22T00:16:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49629"},"modified":"2025-08-22T20:17:14","modified_gmt":"2025-08-23T00:17:14","slug":"september-21-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49629","title":{"rendered":"September 21, 2018"},"content":{"rendered":"\n\n\n\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>\n0.7302 %<\/td>\n3,124.6<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.7302 %<\/td>\n5,733.5<\/td>\n<\/tr>\n
Floater<\/td>\n3.48 %<\/td>\n3.64 %<\/td>\n37,075<\/td>\n18.20<\/td>\n4<\/td>\n0.7302 %<\/td>\n3,304.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0555 %<\/td>\n3,228.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.61 %<\/td>\n4.66 %<\/td>\n54,699<\/td>\n4.79<\/td>\n5<\/td>\n0.0555 %<\/td>\n3,855.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0555 %<\/td>\n3,008.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.56 %<\/td>\n-3.71 %<\/td>\n53,909<\/td>\n0.11<\/td>\n12<\/td>\n-0.1203 %<\/td>\n2,919.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.44 %<\/td>\n5.54 %<\/td>\n57,072<\/td>\n14.52<\/td>\n22<\/td>\n-0.1384 %<\/td>\n2,993.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.19 %<\/td>\n4.98 %<\/td>\n137,526<\/td>\n15.61<\/td>\n42<\/td>\n-0.1258 %<\/td>\n2,572.9<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.16 %<\/td>\n5.94 %<\/td>\n60,434<\/td>\n5.36<\/td>\n27<\/td>\n-0.1002 %<\/td>\n2,995.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.37 %<\/td>\n4.12 %<\/td>\n44,306<\/td>\n5.65<\/td>\n5<\/td>\n0.0000 %<\/td>\n2,844.3<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.83 %<\/td>\n4.09 %<\/td>\n163,692<\/td>\n2.86<\/td>\n35<\/td>\n-0.0301 %<\/td>\n2,567.6<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n3.19 %<\/td>\n3.67 %<\/td>\n66,475<\/td>\n0.42<\/td>\n9<\/td>\n-0.0181 %<\/td>\n2,571.5<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.33 %<\/td>\n5.20 %<\/td>\n88,621<\/td>\n5.44<\/td>\n22<\/td>\n-0.1186 %<\/td>\n2,578.3<\/td>\n<\/tr>\n<\/table>\n\n\n\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
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n-1.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-21
\nMaturity Price : 22.90
\nEvaluated at bid price : 24.15
\nBid-YTW : 5.21 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n-1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-21
\nMaturity Price : 21.62
\nEvaluated at bid price : 21.62
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-21
\nMaturity Price : 18.87
\nEvaluated at bid price : 18.87
\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Premium<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-21
\nMaturity Price : 24.50
\nEvaluated at bid price : 24.75
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.51
\nBid-YTW : 5.26 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-21
\nMaturity Price : 23.30
\nEvaluated at bid price : 24.16
\nBid-YTW : 4.79 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.41
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.88
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-21
\nMaturity Price : 17.58
\nEvaluated at bid price : 17.58
\nBid-YTW : 3.68 %<\/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.E<\/td>\nFixedReset Disc<\/td>\n187,330<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-21
\nMaturity Price : 23.15
\nEvaluated at bid price : 25.01
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n123,556<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-21
\nMaturity Price : 22.72
\nEvaluated at bid price : 23.28
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n111,432<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-21
\nMaturity Price : 24.12
\nEvaluated at bid price : 24.44
\nBid-YTW : 5.01 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Disc<\/td>\n63,038<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-21
\nMaturity Price : 23.15
\nEvaluated at bid price : 24.99
\nBid-YTW : 4.75 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n24,250<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-21
\nMaturity Price : 23.13
\nEvaluated at bid price : 24.97
\nBid-YTW : 5.09 %<\/td>\n<\/tr>\n
POW.PR.A<\/td>\nPerpetual-Premium<\/td>\n17,565<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-10-21
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.10
\nBid-YTW : -3.71 %<\/td>\n<\/tr>\n
There were 21 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.M<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.41 – 24.49
\nSpot Rate : 1.0800
\nAverage : 0.5981<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.41
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n

MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.61 – 24.74
\nSpot Rate : 1.1300
\nAverage : 0.6592<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.61
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n

PVS.PR.B<\/td>\nSplitShare<\/td>\nQuote: 25.10 – 26.10
\nSpot Rate : 1.0000
\nAverage : 0.5496<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2019-01-10
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.10
\nBid-YTW : 3.61 %<\/td>\n<\/tr>\n

MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\nQuote: 22.86 – 23.80
\nSpot Rate : 0.9400
\nAverage : 0.5767<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.86
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n

PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.62 – 22.10
\nSpot Rate : 0.4800
\nAverage : 0.3045<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-21
\nMaturity Price : 21.62
\nEvaluated at bid price : 21.62
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n

PWF.PR.E<\/td>\nPerpetual-Premium<\/td>\nQuote: 24.75 – 25.20
\nSpot Rate : 0.4500
\nAverage : 0.3021<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-21
\nMaturity Price : 24.50
\nEvaluated at bid price : 24.75
\nBid-YTW : 5.64 %<\/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-49629","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49629","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=49629"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49629\/revisions"}],"predecessor-version":[{"id":49630,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49629\/revisions\/49630"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}