{"id":49743,"date":"2018-10-15T20:58:00","date_gmt":"2018-10-16T00:58:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49743"},"modified":"2025-08-25T20:58:48","modified_gmt":"2025-08-26T00:58:48","slug":"october-15-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49743","title":{"rendered":"October 15, 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>\n0.7564 %<\/td>\n3,128.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.7564 %<\/td>\n5,741.2<\/td>\n<\/tr>\n
Floater<\/td>\n3.47 %<\/td>\n3.67 %<\/td>\n39,129<\/td>\n18.15<\/td>\n4<\/td>\n0.7564 %<\/td>\n3,308.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1271 %<\/td>\n3,226.1<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.61 %<\/td>\n4.61 %<\/td>\n54,617<\/td>\n4.72<\/td>\n5<\/td>\n0.1271 %<\/td>\n3,852.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1271 %<\/td>\n3,006.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.61 %<\/td>\n-1.82 %<\/td>\n58,963<\/td>\n0.21<\/td>\n12<\/td>\n0.0465 %<\/td>\n2,915.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.53 %<\/td>\n5.66 %<\/td>\n69,864<\/td>\n14.45<\/td>\n21<\/td>\n0.1157 %<\/td>\n2,962.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.20 %<\/td>\n5.13 %<\/td>\n142,082<\/td>\n15.43<\/td>\n45<\/td>\n-0.0309 %<\/td>\n2,586.6<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.27 %<\/td>\n6.59 %<\/td>\n64,177<\/td>\n5.27<\/td>\n27<\/td>\n0.0384 %<\/td>\n2,936.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.59 %<\/td>\n3.79 %<\/td>\n40,850<\/td>\n5.56<\/td>\n4<\/td>\n0.3023 %<\/td>\n2,854.5<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.89 %<\/td>\n4.30 %<\/td>\n225,539<\/td>\n2.83<\/td>\n34<\/td>\n-0.0139 %<\/td>\n2,560.2<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n3.12 %<\/td>\n3.60 %<\/td>\n73,363<\/td>\n0.36<\/td>\n8<\/td>\n-0.0153 %<\/td>\n2,574.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.40 %<\/td>\n5.57 %<\/td>\n102,198<\/td>\n5.38<\/td>\n22<\/td>\n-0.0966 %<\/td>\n2,543.7<\/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
TD.PF.J<\/td>\nFixedReset Prem<\/td>\n-2.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-15
\nMaturity Price : 22.85
\nEvaluated at bid price : 24.10
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\n-1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-15
\nMaturity Price : 20.16
\nEvaluated at bid price : 20.16
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
IAG.PR.I<\/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 : 24.60
\nBid-YTW : 5.25 %<\/td>\n<\/tr>\n
IAG.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.66
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-15
\nMaturity Price : 21.01
\nEvaluated at bid price : 21.01
\nBid-YTW : 4.23 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-15
\nMaturity Price : 17.70
\nEvaluated at bid price : 17.70
\nBid-YTW : 3.68 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-15
\nMaturity Price : 17.96
\nEvaluated at bid price : 17.96
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-15
\nMaturity Price : 17.76
\nEvaluated at bid price : 17.76
\nBid-YTW : 3.67 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.15
\nBid-YTW : 6.83 %<\/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
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n207,032<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-15
\nMaturity Price : 23.14
\nEvaluated at bid price : 24.99
\nBid-YTW : 4.75 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Prem<\/td>\n98,600<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.03
\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n
PWF.PR.G<\/td>\nPerpetual-Premium<\/td>\n69,900<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-11-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.35
\nBid-YTW : -13.69 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n61,560<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-15
\nMaturity Price : 23.55
\nEvaluated at bid price : 24.71
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Prem<\/td>\n44,600<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-11-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.02
\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n
TD.PR.Y<\/td>\nFixedReset Bank Non<\/td>\n43,900<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-11-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.97
\nBid-YTW : 3.30 %<\/td>\n<\/tr>\n
There were 25 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
TD.PF.J<\/td>\nFixedReset Prem<\/td>\nQuote: 24.10 – 25.10
\nSpot Rate : 1.0000
\nAverage : 0.6140<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-15
\nMaturity Price : 22.85
\nEvaluated at bid price : 24.10
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n

BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.16 – 20.64
\nSpot Rate : 0.4800
\nAverage : 0.2999<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-15
\nMaturity Price : 20.16
\nEvaluated at bid price : 20.16
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n

TD.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 24.53 – 24.85
\nSpot Rate : 0.3200
\nAverage : 0.1988<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.53
\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n

PWF.PR.E<\/td>\nPerpetual-Premium<\/td>\nQuote: 24.40 – 24.73
\nSpot Rate : 0.3300
\nAverage : 0.2256<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-15
\nMaturity Price : 24.15
\nEvaluated at bid price : 24.40
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n

TD.PF.B<\/td>\nFixedReset Disc<\/td>\nQuote: 23.17 – 23.48
\nSpot Rate : 0.3100
\nAverage : 0.2109<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-15
\nMaturity Price : 22.58
\nEvaluated at bid price : 23.17
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n

MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\nQuote: 24.35 – 24.72
\nSpot Rate : 0.3700
\nAverage : 0.2744<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.35
\nBid-YTW : 5.57 %<\/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-49743","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49743","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=49743"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49743\/revisions"}],"predecessor-version":[{"id":49744,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49743\/revisions\/49744"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}