{"id":49903,"date":"2019-01-29T19:37:00","date_gmt":"2019-01-30T00:37:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49903"},"modified":"2025-08-28T19:38:17","modified_gmt":"2025-08-28T23:38:17","slug":"january-29-2019","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49903","title":{"rendered":"January 29, 2019"},"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-0.2363 %<\/td>\n2,327.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2363 %<\/td>\n4,271.5<\/td>\n<\/tr>\n
Floater<\/td>\n5.04 %<\/td>\n5.28 %<\/td>\n34,253<\/td>\n15.01<\/td>\n4<\/td>\n-0.2363 %<\/td>\n2,461.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1403 %<\/td>\n3,207.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.93 %<\/td>\n4.58 %<\/td>\n67,962<\/td>\n3.98<\/td>\n8<\/td>\n-0.1403 %<\/td>\n3,830.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1403 %<\/td>\n2,989.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.92 %<\/td>\n-2.84 %<\/td>\n150,407<\/td>\n0.08<\/td>\n2<\/td>\n0.1595 %<\/td>\n2,881.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.64 %<\/td>\n5.73 %<\/td>\n79,985<\/td>\n14.22<\/td>\n33<\/td>\n-0.0066 %<\/td>\n2,949.3<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.15 %<\/td>\n5.60 %<\/td>\n217,912<\/td>\n14.60<\/td>\n65<\/td>\n0.2995 %<\/td>\n2,196.7<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.40 %<\/td>\n6.37 %<\/td>\n91,928<\/td>\n8.15<\/td>\n27<\/td>\n0.1030 %<\/td>\n2,937.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n4.29 %<\/td>\n5.24 %<\/td>\n60,696<\/td>\n8.51<\/td>\n6<\/td>\n0.2279 %<\/td>\n2,438.0<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.13 %<\/td>\n4.43 %<\/td>\n258,640<\/td>\n2.32<\/td>\n17<\/td>\n0.2131 %<\/td>\n2,523.0<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n2.81 %<\/td>\n4.08 %<\/td>\n154,452<\/td>\n2.88<\/td>\n5<\/td>\n0.0552 %<\/td>\n2,579.2<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.11 %<\/td>\n7.23 %<\/td>\n135,888<\/td>\n8.23<\/td>\n22<\/td>\n0.1962 %<\/td>\n2,177.4<\/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\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
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n-2.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 21.75
\nEvaluated at bid price : 22.15
\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n-2.78 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 15.75
\nEvaluated at bid price : 15.75
\nBid-YTW : 4.39 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-2.75 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 18.75
\nEvaluated at bid price : 18.75
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n-2.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 16.43
\nEvaluated at bid price : 16.43
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n-2.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 20.90
\nEvaluated at bid price : 20.90
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 6.87 %<\/td>\n<\/tr>\n
HSE.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 20.36
\nEvaluated at bid price : 20.36
\nBid-YTW : 6.69 %<\/td>\n<\/tr>\n
BIP.PR.D<\/td>\nFixedReset Disc<\/td>\n-1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 22.17
\nEvaluated at bid price : 22.60
\nBid-YTW : 6.19 %<\/td>\n<\/tr>\n
W.PR.H<\/td>\nPerpetual-Discount<\/td>\n-1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 23.34
\nEvaluated at bid price : 23.63
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 16.00
\nBid-YTW : 8.75 %<\/td>\n<\/tr>\n
BIP.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.50
\nBid-YTW : 6.40 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.70
\nBid-YTW : 7.02 %<\/td>\n<\/tr>\n
BIP.PR.B<\/td>\nFixedReset Prem<\/td>\n-1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 23.49
\nEvaluated at bid price : 24.70
\nBid-YTW : 6.42 %<\/td>\n<\/tr>\n
BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 20.33
\nEvaluated at bid price : 20.33
\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n
MFC.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.45
\nBid-YTW : 6.73 %<\/td>\n<\/tr>\n
BMO.PR.D<\/td>\nFixedReset Disc<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 22.32
\nEvaluated at bid price : 22.90
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 13.24
\nEvaluated at bid price : 13.24
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n
EMA.PR.F<\/td>\nFixedReset Disc<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 19.98
\nEvaluated at bid price : 19.98
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 21.72
\nEvaluated at bid price : 21.97
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nDeemed-Retractible<\/td>\n1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.63
\nBid-YTW : 6.30 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 18.90
\nEvaluated at bid price : 18.90
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
PWF.PR.Q<\/td>\nFloatingReset<\/td>\n1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 15.45
\nEvaluated at bid price : 15.45
\nBid-YTW : 5.24 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 18.97
\nEvaluated at bid price : 18.97
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 13.00
\nEvaluated at bid price : 13.00
\nBid-YTW : 5.38 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 18.89
\nEvaluated at bid price : 18.89
\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n
HSE.PR.C<\/td>\nFixedReset Disc<\/td>\n1.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 6.48 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n2.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 21.49
\nEvaluated at bid price : 21.75
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Disc<\/td>\n3.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 22.24
\nEvaluated at bid price : 22.80
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n3.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 22.24
\nEvaluated at bid price : 22.92
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Disc<\/td>\n3.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 21.58
\nEvaluated at bid price : 21.92
\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n4.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 22.19
\nEvaluated at bid price : 22.85
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Disc<\/td>\n4.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 21.48
\nEvaluated at bid price : 21.77
\nBid-YTW : 5.24 %<\/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.L<\/td>\nFixedReset Disc<\/td>\n499,072<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 23.13
\nEvaluated at bid price : 24.95
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n
CM.PR.T<\/td>\nFixedReset Disc<\/td>\n148,361<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 23.08
\nEvaluated at bid price : 24.82
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n
TRP.PR.K<\/td>\nFixedReset Disc<\/td>\n126,078<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 23.08
\nEvaluated at bid price : 24.35
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
TD.PF.H<\/td>\nFixedReset Prem<\/td>\n94,100<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.29
\nBid-YTW : 4.42 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n77,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 18.97
\nEvaluated at bid price : 18.97
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n77,343<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 12.91
\nEvaluated at bid price : 12.91
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n
There were 40 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
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 20.00 – 20.93
\nSpot Rate : 0.9300
\nAverage : 0.5745<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 7.11 %<\/td>\n<\/tr>\n

BAM.PR.R<\/td>\nFixedReset Disc<\/td>\nQuote: 16.43 – 17.50
\nSpot Rate : 1.0700
\nAverage : 0.7658<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 16.43
\nEvaluated at bid price : 16.43
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n

BAM.PF.D<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.24 – 22.02
\nSpot Rate : 0.7800
\nAverage : 0.4810<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 21.24
\nEvaluated at bid price : 21.24
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n

BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\nQuote: 20.90 – 21.59
\nSpot Rate : 0.6900
\nAverage : 0.4471<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 20.90
\nEvaluated at bid price : 20.90
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n

PWF.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 18.75 – 19.28
\nSpot Rate : 0.5300
\nAverage : 0.3325<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 18.75
\nEvaluated at bid price : 18.75
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n

ELF.PR.H<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.00 – 24.49
\nSpot Rate : 0.4900
\nAverage : 0.3143<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-01-29
\nMaturity Price : 23.65
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.77 %<\/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-49903","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49903","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=49903"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49903\/revisions"}],"predecessor-version":[{"id":49904,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49903\/revisions\/49904"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}