{"id":50329,"date":"2019-05-24T11:35:00","date_gmt":"2019-05-24T15:35:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=50329"},"modified":"2025-10-16T11:35:56","modified_gmt":"2025-10-16T15:35:56","slug":"may-24-2019","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50329","title":{"rendered":"May 24, 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-0.2723 %<\/td>\n2,075.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2723 %<\/td>\n3,807.9<\/td>\n<\/tr>\n
Floater<\/td>\n5.66 %<\/td>\n6.02 %<\/td>\n51,383<\/td>\n13.78<\/td>\n3<\/td>\n-0.2723 %<\/td>\n2,194.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0455 %<\/td>\n3,308.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.70 %<\/td>\n4.68 %<\/td>\n79,633<\/td>\n4.29<\/td>\n7<\/td>\n0.0455 %<\/td>\n3,951.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0455 %<\/td>\n3,082.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.53 %<\/td>\n4.94 %<\/td>\n83,207<\/td>\n1.78<\/td>\n12<\/td>\n-0.0495 %<\/td>\n2,948.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.45 %<\/td>\n5.48 %<\/td>\n74,835<\/td>\n14.66<\/td>\n20<\/td>\n-0.1192 %<\/td>\n3,097.9<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.32 %<\/td>\n5.49 %<\/td>\n148,230<\/td>\n14.77<\/td>\n63<\/td>\n-0.3588 %<\/td>\n2,161.6<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.23 %<\/td>\n5.90 %<\/td>\n92,968<\/td>\n8.01<\/td>\n27<\/td>\n0.0190 %<\/td>\n3,079.0<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.95 %<\/td>\n4.37 %<\/td>\n43,208<\/td>\n2.58<\/td>\n4<\/td>\n0.0383 %<\/td>\n2,415.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.12 %<\/td>\n4.00 %<\/td>\n229,367<\/td>\n2.09<\/td>\n21<\/td>\n-0.0223 %<\/td>\n2,584.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.98 %<\/td>\n4.01 %<\/td>\n147,963<\/td>\n2.59<\/td>\n3<\/td>\n-0.0972 %<\/td>\n2,648.6<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.08 %<\/td>\n6.84 %<\/td>\n102,358<\/td>\n8.20<\/td>\n22<\/td>\n-0.2037 %<\/td>\n2,233.6<\/td>\n<\/tr>\n<\/table>\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
HSE.PR.E<\/td>\nFixedReset Disc<\/td>\n-2.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-24
\nMaturity Price : 19.57
\nEvaluated at bid price : 19.57
\nBid-YTW : 6.71 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n-2.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-24
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.45
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-24
\nMaturity Price : 19.31
\nEvaluated at bid price : 19.31
\nBid-YTW : 6.08 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nDeemed-Retractible<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.85
\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.33
\nBid-YTW : 6.94 %<\/td>\n<\/tr>\n
BAM.PF.D<\/td>\nPerpetual-Discount<\/td>\n-1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-24
\nMaturity Price : 21.23
\nEvaluated at bid price : 21.23
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
BMO.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-24
\nMaturity Price : 22.85
\nEvaluated at bid price : 23.75
\nBid-YTW : 5.12 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.80
\nBid-YTW : 7.97 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-24
\nMaturity Price : 18.41
\nEvaluated at bid price : 18.41
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n-1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-24
\nMaturity Price : 20.40
\nEvaluated at bid price : 20.40
\nBid-YTW : 5.31 %<\/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.H<\/td>\nFixedReset Prem<\/td>\n119,500<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.79
\nBid-YTW : 3.76 %<\/td>\n<\/tr>\n
TD.PF.L<\/td>\nFixedReset Prem<\/td>\n109,265<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-24
\nMaturity Price : 23.17
\nEvaluated at bid price : 25.01
\nBid-YTW : 4.92 %<\/td>\n<\/tr>\n
BMO.PR.F<\/td>\nFixedReset Prem<\/td>\n108,560<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-24
\nMaturity Price : 23.21
\nEvaluated at bid price : 25.14
\nBid-YTW : 5.05 %<\/td>\n<\/tr>\n
TD.PF.H<\/td>\nFixedReset Prem<\/td>\n104,540<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.71
\nBid-YTW : 3.78 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n55,818<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-24
\nMaturity Price : 18.63
\nEvaluated at bid price : 18.63
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n54,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-24
\nMaturity Price : 18.31
\nEvaluated at bid price : 18.31
\nBid-YTW : 5.34 %<\/td>\n<\/tr>\n
There were 17 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
BAM.PF.D<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.23 – 21.75
\nSpot Rate : 0.5200
\nAverage : 0.3516<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-24
\nMaturity Price : 21.23
\nEvaluated at bid price : 21.23
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n

IFC.PR.E<\/td>\nDeemed-Retractible<\/td>\nQuote: 23.85 – 24.43
\nSpot Rate : 0.5800
\nAverage : 0.4205<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.85
\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n

TD.PF.J<\/td>\nFixedReset Disc<\/td>\nQuote: 21.45 – 21.84
\nSpot Rate : 0.3900
\nAverage : 0.2561<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-24
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.45
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n

BAM.PR.K<\/td>\nFloater<\/td>\nQuote: 11.66 – 11.97
\nSpot Rate : 0.3100
\nAverage : 0.2082<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-24
\nMaturity Price : 11.66
\nEvaluated at bid price : 11.66
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n

PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.07 – 22.35
\nSpot Rate : 0.2800
\nAverage : 0.1899<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-24
\nMaturity Price : 21.81
\nEvaluated at bid price : 22.07
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n

BAM.PF.J<\/td>\nFixedReset Disc<\/td>\nQuote: 23.08 – 23.32
\nSpot Rate : 0.2400
\nAverage : 0.1564<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-24
\nMaturity Price : 22.42
\nEvaluated at bid price : 23.08
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\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-50329","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50329","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=50329"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50329\/revisions"}],"predecessor-version":[{"id":50330,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50329\/revisions\/50330"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}