{"id":49706,"date":"2018-09-28T20:11:00","date_gmt":"2018-09-29T00:11:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49706"},"modified":"2025-08-25T20:11:34","modified_gmt":"2025-08-26T00:11:34","slug":"september-28-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49706","title":{"rendered":"September 28, 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>\n-0.2273 %<\/td>\n3,130.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2273 %<\/td>\n5,744.3<\/td>\n<\/tr>\n
Floater<\/td>\n3.47 %<\/td>\n3.66 %<\/td>\n34,106<\/td>\n18.15<\/td>\n4<\/td>\n-0.2273 %<\/td>\n3,310.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1029 %<\/td>\n3,230.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.61 %<\/td>\n4.69 %<\/td>\n54,960<\/td>\n4.77<\/td>\n5<\/td>\n-0.1029 %<\/td>\n3,857.5<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1029 %<\/td>\n3,009.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.56 %<\/td>\n-2.69 %<\/td>\n49,444<\/td>\n0.09<\/td>\n12<\/td>\n0.0460 %<\/td>\n2,925.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.43 %<\/td>\n5.57 %<\/td>\n56,210<\/td>\n14.58<\/td>\n22<\/td>\n0.2812 %<\/td>\n3,002.9<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.17 %<\/td>\n5.01 %<\/td>\n145,867<\/td>\n15.50<\/td>\n42<\/td>\n0.1345 %<\/td>\n2,589.3<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.16 %<\/td>\n6.02 %<\/td>\n58,660<\/td>\n5.34<\/td>\n27<\/td>\n0.2371 %<\/td>\n2,995.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.39 %<\/td>\n4.14 %<\/td>\n37,485<\/td>\n5.63<\/td>\n5<\/td>\n0.0090 %<\/td>\n2,855.7<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.82 %<\/td>\n4.13 %<\/td>\n162,968<\/td>\n2.85<\/td>\n35<\/td>\n0.1072 %<\/td>\n2,577.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n3.19 %<\/td>\n3.76 %<\/td>\n68,216<\/td>\n0.40<\/td>\n9<\/td>\n0.0181 %<\/td>\n2,573.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.31 %<\/td>\n5.01 %<\/td>\n85,580<\/td>\n5.41<\/td>\n22<\/td>\n0.0832 %<\/td>\n2,594.7<\/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
SLF.PR.A<\/td>\nDeemed-Retractible<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.30
\nBid-YTW : 6.92 %<\/td>\n<\/tr>\n
CU.PR.I<\/td>\nFixedReset Prem<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.30
\nBid-YTW : 2.21 %<\/td>\n<\/tr>\n
W.PR.J<\/td>\nPerpetual-Discount<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-28
\nMaturity Price : 24.57
\nEvaluated at bid price : 24.83
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
W.PR.H<\/td>\nPerpetual-Discount<\/td>\n1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-28
\nMaturity Price : 24.60
\nEvaluated at bid price : 24.85
\nBid-YTW : 5.54 %<\/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
TD.PF.H<\/td>\nFixedReset Prem<\/td>\n155,699<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.05
\nBid-YTW : 3.69 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n74,012<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-28
\nMaturity Price : 22.83
\nEvaluated at bid price : 23.51
\nBid-YTW : 4.95 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n54,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-28
\nMaturity Price : 22.82
\nEvaluated at bid price : 23.28
\nBid-YTW : 4.90 %<\/td>\n<\/tr>\n
RY.PR.Q<\/td>\nFixedReset Prem<\/td>\n52,870<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.36
\nBid-YTW : 3.56 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n50,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-28
\nMaturity Price : 23.26
\nEvaluated at bid price : 24.30
\nBid-YTW : 4.92 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n47,900<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-11-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.10
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
There were 13 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
IFC.PR.E<\/td>\nDeemed-Retractible<\/td>\nQuote: 23.98 – 24.53
\nSpot Rate : 0.5500
\nAverage : 0.3529<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.98
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n

IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.59 – 24.03
\nSpot Rate : 0.4400
\nAverage : 0.2984<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.59
\nBid-YTW : 5.26 %<\/td>\n<\/tr>\n

W.PR.K<\/td>\nFixedReset Prem<\/td>\nQuote: 25.45 – 25.84
\nSpot Rate : 0.3900
\nAverage : 0.2533<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-01-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.45
\nBid-YTW : 4.33 %<\/td>\n<\/tr>\n

MFC.PR.R<\/td>\nFixedReset Ins Non<\/td>\nQuote: 25.99 – 26.25
\nSpot Rate : 0.2600
\nAverage : 0.1816<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.99
\nBid-YTW : 3.68 %<\/td>\n<\/tr>\n

BAM.PR.R<\/td>\nFixedReset Disc<\/td>\nQuote: 20.85 – 21.28
\nSpot Rate : 0.4300
\nAverage : 0.3563<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-09-28
\nMaturity Price : 20.85
\nEvaluated at bid price : 20.85
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n

IAG.PR.I<\/td>\nFixedReset Ins Non<\/td>\nQuote: 25.15 – 25.50
\nSpot Rate : 0.3500
\nAverage : 0.2805<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.15
\nBid-YTW : 4.68 %<\/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-49706","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49706","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=49706"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49706\/revisions"}],"predecessor-version":[{"id":49707,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49706\/revisions\/49707"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}