{"id":49755,"date":"2018-10-02T21:31:00","date_gmt":"2018-10-03T01:31:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49755"},"modified":"2025-08-25T21:32:30","modified_gmt":"2025-08-26T01:32:30","slug":"october-2-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49755","title":{"rendered":"October 2, 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-0.5860 %<\/td>\n3,130.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.5860 %<\/td>\n5,745.1<\/td>\n<\/tr>\n
Floater<\/td>\n3.47 %<\/td>\n3.66 %<\/td>\n36,322<\/td>\n18.19<\/td>\n4<\/td>\n-0.5860 %<\/td>\n3,310.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0873 %<\/td>\n3,228.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.61 %<\/td>\n4.69 %<\/td>\n56,054<\/td>\n4.76<\/td>\n5<\/td>\n0.0873 %<\/td>\n3,855.7<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0873 %<\/td>\n3,008.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.55 %<\/td>\n-3.81 %<\/td>\n49,334<\/td>\n0.09<\/td>\n12<\/td>\n-0.0558 %<\/td>\n2,926.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.44 %<\/td>\n5.59 %<\/td>\n61,958<\/td>\n14.46<\/td>\n21<\/td>\n-0.1321 %<\/td>\n3,000.7<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.16 %<\/td>\n5.00 %<\/td>\n130,826<\/td>\n15.42<\/td>\n43<\/td>\n0.0050 %<\/td>\n2,599.8<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.17 %<\/td>\n6.09 %<\/td>\n58,213<\/td>\n5.33<\/td>\n27<\/td>\n-0.0204 %<\/td>\n2,990.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.44 %<\/td>\n3.56 %<\/td>\n40,334<\/td>\n5.63<\/td>\n4<\/td>\n0.6822 %<\/td>\n2,877.3<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.84 %<\/td>\n4.07 %<\/td>\n221,623<\/td>\n2.83<\/td>\n34<\/td>\n0.1879 %<\/td>\n2,578.8<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n3.20 %<\/td>\n3.76 %<\/td>\n67,773<\/td>\n0.39<\/td>\n9<\/td>\n-0.0181 %<\/td>\n2,576.2<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.30 %<\/td>\n5.02 %<\/td>\n83,370<\/td>\n4.19<\/td>\n22<\/td>\n0.0174 %<\/td>\n2,602.9<\/td>\n<\/tr>\n<\/table>\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.B<\/td>\nFloater<\/td>\n-1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-02
\nMaturity Price : 17.50
\nEvaluated at bid price : 17.50
\nBid-YTW : 3.72 %<\/td>\n<\/tr>\n
PWF.PR.Q<\/td>\nFloatingReset<\/td>\n1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-02
\nMaturity Price : 21.49
\nEvaluated at bid price : 21.86
\nBid-YTW : 3.56 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Prem<\/td>\n9.74 %<\/td>\nJust a reversal of yesterday<\/a>‘s nonsense.<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.35
\nBid-YTW : 4.58 %<\/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.T<\/td>\nFixedReset Disc<\/td>\n209,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-02
\nMaturity Price : 22.66
\nEvaluated at bid price : 23.23
\nBid-YTW : 4.91 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Prem<\/td>\n143,182<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-02
\nMaturity Price : 23.16
\nEvaluated at bid price : 25.00
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n142,605<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-05-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.65
\nBid-YTW : 4.76 %<\/td>\n<\/tr>\n
RY.PR.Q<\/td>\nFixedReset Prem<\/td>\n73,481<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.40
\nBid-YTW : 3.51 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Disc<\/td>\n70,550<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-02
\nMaturity Price : 22.80
\nEvaluated at bid price : 23.95
\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n60,245<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-02
\nMaturity Price : 23.13
\nEvaluated at bid price : 24.90
\nBid-YTW : 5.14 %<\/td>\n<\/tr>\n
There were 32 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.A<\/td>\nFixedReset Ins Non<\/td>\nQuote: 20.14 – 20.67
\nSpot Rate : 0.5300
\nAverage : 0.3294<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.14
\nBid-YTW : 7.52 %<\/td>\n<\/tr>\n

W.PR.K<\/td>\nFixedReset Prem<\/td>\nQuote: 25.60 – 26.20
\nSpot Rate : 0.6000
\nAverage : 0.4288<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-01-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.60
\nBid-YTW : 4.08 %<\/td>\n<\/tr>\n

SLF.PR.B<\/td>\nDeemed-Retractible<\/td>\nQuote: 22.60 – 22.98
\nSpot Rate : 0.3800
\nAverage : 0.2507<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.60
\nBid-YTW : 6.73 %<\/td>\n<\/tr>\n

BAM.PF.C<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.25 – 21.53
\nSpot Rate : 0.2800
\nAverage : 0.1812<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-02
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n

PWF.PR.P<\/td>\nFixedReset Disc<\/td>\nQuote: 19.77 – 20.12
\nSpot Rate : 0.3500
\nAverage : 0.2554<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-02
\nMaturity Price : 19.77
\nEvaluated at bid price : 19.77
\nBid-YTW : 4.77 %<\/td>\n<\/tr>\n

BMO.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 23.23 – 23.48
\nSpot Rate : 0.2500
\nAverage : 0.1555<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-10-02
\nMaturity Price : 22.66
\nEvaluated at bid price : 23.23
\nBid-YTW : 4.91 %<\/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-49755","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49755","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=49755"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49755\/revisions"}],"predecessor-version":[{"id":49756,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49755\/revisions\/49756"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}