{"id":49650,"date":"2018-09-17T20:43:00","date_gmt":"2018-09-18T00:43:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49650"},"modified":"2025-08-22T20:44:30","modified_gmt":"2025-08-23T00:44:30","slug":"september-17-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49650","title":{"rendered":"September 17, 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>\n1.1001 %<\/td>\n3,083.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.1001 %<\/td>\n5,658.9<\/td>\n<\/tr>\n
Floater<\/td>\n3.52 %<\/td>\n3.67 %<\/td>\n39,059<\/td>\n18.14<\/td>\n4<\/td>\n1.1001 %<\/td>\n3,261.2<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1907 %<\/td>\n3,228.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.61 %<\/td>\n4.55 %<\/td>\n56,631<\/td>\n4.80<\/td>\n5<\/td>\n0.1907 %<\/td>\n3,855.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1907 %<\/td>\n3,008.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.54 %<\/td>\n0.37 %<\/td>\n52,056<\/td>\n0.12<\/td>\n12<\/td>\n0.1445 %<\/td>\n2,918.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.42 %<\/td>\n5.53 %<\/td>\n57,115<\/td>\n14.53<\/td>\n22<\/td>\n0.1913 %<\/td>\n2,998.5<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.19 %<\/td>\n4.98 %<\/td>\n136,573<\/td>\n15.64<\/td>\n42<\/td>\n0.0481 %<\/td>\n2,573.3<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.15 %<\/td>\n5.85 %<\/td>\n59,839<\/td>\n5.37<\/td>\n27<\/td>\n0.3844 %<\/td>\n3,002.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.36 %<\/td>\n4.17 %<\/td>\n38,797<\/td>\n5.66<\/td>\n5<\/td>\n-0.1175 %<\/td>\n2,852.3<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.84 %<\/td>\n4.14 %<\/td>\n166,259<\/td>\n3.08<\/td>\n35<\/td>\n-0.0346 %<\/td>\n2,566.0<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n3.19 %<\/td>\n4.02 %<\/td>\n68,837<\/td>\n3.13<\/td>\n9<\/td>\n-0.0678 %<\/td>\n2,569.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.30 %<\/td>\n5.11 %<\/td>\n92,623<\/td>\n5.44<\/td>\n22<\/td>\n0.5150 %<\/td>\n2,575.2<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\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
EMA.PR.F<\/td>\nFixedReset Disc<\/td>\n-2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 23.04
\nEvaluated at bid price : 23.49
\nBid-YTW : 5.17 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 21.81
\nEvaluated at bid price : 22.15
\nBid-YTW : 4.98 %<\/td>\n<\/tr>\n
BAM.PF.C<\/td>\nPerpetual-Discount<\/td>\n-1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 20.96
\nEvaluated at bid price : 20.96
\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n-1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.43
\nBid-YTW : 6.49 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 18.90
\nEvaluated at bid price : 18.90
\nBid-YTW : 5.01 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Premium<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 24.83
\nEvaluated at bid price : 25.05
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nDeemed-Retractible<\/td>\n1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.00
\nBid-YTW : 7.06 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 17.12
\nEvaluated at bid price : 17.12
\nBid-YTW : 3.78 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.35
\nBid-YTW : 3.05 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n1.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 22.67
\nEvaluated at bid price : 23.25
\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n2.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.60
\nBid-YTW : 5.09 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n3.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 22.86
\nEvaluated at bid price : 23.45
\nBid-YTW : 4.86 %<\/td>\n<\/tr>\n
BAM.PF.D<\/td>\nPerpetual-Discount<\/td>\n3.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 21.22
\nEvaluated at bid price : 21.22
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n3.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 20.85
\nEvaluated at bid price : 20.85
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n4.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.69
\nBid-YTW : 7.52 %<\/td>\n<\/tr>\n
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\n4.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 22.59
\nEvaluated at bid price : 22.90
\nBid-YTW : 5.38 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n4.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-09-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.84
\nBid-YTW : 4.55 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nDeemed-Retractible<\/td>\n4.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.39
\nBid-YTW : 7.34 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n7.18 %<\/td>\nJust a reversal of Friday’s nonsense<\/a>.<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.93
\nBid-YTW : 5.99 %<\/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>\n1,362,183<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 23.14
\nEvaluated at bid price : 24.98
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Prem<\/td>\n438,965<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.40
\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Disc<\/td>\n234,979<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 23.13
\nEvaluated at bid price : 24.94
\nBid-YTW : 4.76 %<\/td>\n<\/tr>\n
BNS.PR.H<\/td>\nFixedReset Prem<\/td>\n204,090<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.07
\nBid-YTW : 3.72 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n57,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 23.14
\nEvaluated at bid price : 24.98
\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n55,368<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 22.86
\nEvaluated at bid price : 23.53
\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n
There were 12 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
EMA.PR.F<\/td>\nFixedReset Disc<\/td>\nQuote: 23.49 – 24.15
\nSpot Rate : 0.6600
\nAverage : 0.4304<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 23.04
\nEvaluated at bid price : 23.49
\nBid-YTW : 5.17 %<\/td>\n<\/tr>\n

BAM.PF.J<\/td>\nFixedReset Prem<\/td>\nQuote: 25.21 – 25.55
\nSpot Rate : 0.3400
\nAverage : 0.2162<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.21
\nBid-YTW : 4.52 %<\/td>\n<\/tr>\n

TRP.PR.B<\/td>\nFixedReset Disc<\/td>\nQuote: 17.00 – 17.50
\nSpot Rate : 0.5000
\nAverage : 0.3966<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n

W.PR.M<\/td>\nFixedReset Prem<\/td>\nQuote: 25.87 – 26.20
\nSpot Rate : 0.3300
\nAverage : 0.2331<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.87
\nBid-YTW : 4.33 %<\/td>\n<\/tr>\n

MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\nQuote: 22.43 – 23.15
\nSpot Rate : 0.7200
\nAverage : 0.6258<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.43
\nBid-YTW : 6.49 %<\/td>\n<\/tr>\n

PWF.PR.P<\/td>\nFixedReset Disc<\/td>\nQuote: 19.34 – 19.69
\nSpot Rate : 0.3500
\nAverage : 0.2598<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-17
\nMaturity Price : 19.34
\nEvaluated at bid price : 19.34
\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-49650","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49650","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=49650"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49650\/revisions"}],"predecessor-version":[{"id":49651,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49650\/revisions\/49651"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}