{"id":49633,"date":"2018-09-20T20:19:00","date_gmt":"2018-09-21T00:19:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49633"},"modified":"2025-08-22T20:20:00","modified_gmt":"2025-08-23T00:20:00","slug":"september-20-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49633","title":{"rendered":"September 20, 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>\n0.2576 %<\/td>\n3,102.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2576 %<\/td>\n5,692.0<\/td>\n<\/tr>\n
Floater<\/td>\n3.50 %<\/td>\n3.67 %<\/td>\n35,713<\/td>\n18.14<\/td>\n4<\/td>\n0.2576 %<\/td>\n3,280.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1347 %<\/td>\n3,226.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.61 %<\/td>\n4.66 %<\/td>\n55,263<\/td>\n4.79<\/td>\n5<\/td>\n-0.1347 %<\/td>\n3,853.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1347 %<\/td>\n3,006.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.53 %<\/td>\n-1.48 %<\/td>\n54,845<\/td>\n0.09<\/td>\n12<\/td>\n0.0721 %<\/td>\n2,922.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.42 %<\/td>\n5.54 %<\/td>\n57,188<\/td>\n14.52<\/td>\n22<\/td>\n0.0433 %<\/td>\n2,998.0<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.18 %<\/td>\n4.99 %<\/td>\n138,548<\/td>\n15.62<\/td>\n42<\/td>\n0.0281 %<\/td>\n2,576.2<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.16 %<\/td>\n5.94 %<\/td>\n59,887<\/td>\n5.36<\/td>\n27<\/td>\n-0.0422 %<\/td>\n2,998.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.37 %<\/td>\n4.12 %<\/td>\n44,957<\/td>\n5.66<\/td>\n5<\/td>\n0.1272 %<\/td>\n2,844.3<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.83 %<\/td>\n4.09 %<\/td>\n163,886<\/td>\n3.07<\/td>\n35<\/td>\n0.0279 %<\/td>\n2,568.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n3.19 %<\/td>\n3.76 %<\/td>\n64,071<\/td>\n0.42<\/td>\n9<\/td>\n-0.0496 %<\/td>\n2,572.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.32 %<\/td>\n5.06 %<\/td>\n87,535<\/td>\n5.44<\/td>\n22<\/td>\n0.0759 %<\/td>\n2,581.4<\/td>\n<\/tr>\n<\/table>\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.K<\/td>\nFloater<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-20
\nMaturity Price : 17.24
\nEvaluated at bid price : 17.24
\nBid-YTW : 3.75 %<\/td>\n<\/tr>\n
EMA.PR.F<\/td>\nFixedReset Disc<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-20
\nMaturity Price : 23.36
\nEvaluated at bid price : 23.80
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-20
\nMaturity Price : 22.77
\nEvaluated at bid price : 23.36
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n
IFC.PR.A<\/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 : 19.70
\nBid-YTW : 7.86 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-20
\nMaturity Price : 23.06
\nEvaluated at bid price : 24.55
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Prem<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-20
\nMaturity Price : 23.08
\nEvaluated at bid price : 24.68
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n1.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-20
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 3.03 %<\/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
CM.PR.S<\/td>\nFixedReset Disc<\/td>\n134,848<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-20
\nMaturity Price : 22.92
\nEvaluated at bid price : 24.23
\nBid-YTW : 4.79 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n101,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-20
\nMaturity Price : 23.21
\nEvaluated at bid price : 24.20
\nBid-YTW : 4.86 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n81,505<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-20
\nMaturity Price : 23.15
\nEvaluated at bid price : 25.01
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n69,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-20
\nMaturity Price : 22.71
\nEvaluated at bid price : 22.95
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
BNS.PR.H<\/td>\nFixedReset Prem<\/td>\n64,600<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.11
\nBid-YTW : 3.68 %<\/td>\n<\/tr>\n
TD.PF.G<\/td>\nFixedReset Prem<\/td>\n54,525<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.39
\nBid-YTW : 3.57 %<\/td>\n<\/tr>\n
There were 16 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.O<\/td>\nFixedReset Disc<\/td>\nQuote: 23.36 – 23.88
\nSpot Rate : 0.5200
\nAverage : 0.3491<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-20
\nMaturity Price : 22.77
\nEvaluated at bid price : 23.36
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n

HSE.PR.C<\/td>\nFixedReset Prem<\/td>\nQuote: 24.70 – 25.08
\nSpot Rate : 0.3800
\nAverage : 0.2370<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-20
\nMaturity Price : 24.35
\nEvaluated at bid price : 24.70
\nBid-YTW : 5.38 %<\/td>\n<\/tr>\n

BAM.PF.B<\/td>\nFixedReset Disc<\/td>\nQuote: 23.50 – 24.00
\nSpot Rate : 0.5000
\nAverage : 0.3660<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-20
\nMaturity Price : 22.77
\nEvaluated at bid price : 23.50
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n

IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.70 – 20.09
\nSpot Rate : 0.3900
\nAverage : 0.2838<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.70
\nBid-YTW : 7.86 %<\/td>\n<\/tr>\n

CM.PR.Q<\/td>\nFixedReset Disc<\/td>\nQuote: 24.40 – 24.75
\nSpot Rate : 0.3500
\nAverage : 0.2540<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-20
\nMaturity Price : 23.38
\nEvaluated at bid price : 24.40
\nBid-YTW : 5.00 %<\/td>\n<\/tr>\n

TD.PF.J<\/td>\nFixedReset Prem<\/td>\nQuote: 25.11 – 25.55
\nSpot Rate : 0.4400
\nAverage : 0.3493<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.11
\nBid-YTW : 4.77 %<\/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-49633","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49633","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=49633"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49633\/revisions"}],"predecessor-version":[{"id":49634,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49633\/revisions\/49634"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}