{"id":50335,"date":"2019-05-23T11:42:00","date_gmt":"2019-05-23T15:42:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=50335"},"modified":"2025-10-16T11:42:46","modified_gmt":"2025-10-16T15:42:46","slug":"may-23-2019","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50335","title":{"rendered":"May 23, 2019"},"content":{"rendered":"

The report for May 23 will be delayed, as I have other business to attend to. It will be posted May 24.<\/p>\n

Update, 2019-5-24<\/b>:<\/p>\n\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-0.1902 %<\/td>\n2,080.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1902 %<\/td>\n3,818.3<\/td>\n<\/tr>\n
Floater<\/td>\n5.65 %<\/td>\n5.99 %<\/td>\n52,125<\/td>\n13.83<\/td>\n3<\/td>\n-0.1902 %<\/td>\n2,200.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0398 %<\/td>\n3,307.0<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.70 %<\/td>\n4.76 %<\/td>\n80,474<\/td>\n4.29<\/td>\n7<\/td>\n-0.0398 %<\/td>\n3,949.2<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0398 %<\/td>\n3,081.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.53 %<\/td>\n4.92 %<\/td>\n84,306<\/td>\n1.78<\/td>\n12<\/td>\n-0.1021 %<\/td>\n2,950.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.44 %<\/td>\n5.50 %<\/td>\n75,969<\/td>\n14.64<\/td>\n20<\/td>\n-0.0904 %<\/td>\n3,101.6<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.30 %<\/td>\n5.48 %<\/td>\n149,402<\/td>\n14.81<\/td>\n63<\/td>\n-0.0898 %<\/td>\n2,169.3<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.23 %<\/td>\n5.88 %<\/td>\n93,935<\/td>\n8.02<\/td>\n27<\/td>\n-0.1168 %<\/td>\n3,078.5<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.96 %<\/td>\n4.36 %<\/td>\n44,985<\/td>\n2.58<\/td>\n4<\/td>\n-0.0383 %<\/td>\n2,414.2<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.12 %<\/td>\n4.00 %<\/td>\n237,389<\/td>\n2.10<\/td>\n21<\/td>\n-0.0520 %<\/td>\n2,585.0<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.97 %<\/td>\n4.02 %<\/td>\n150,280<\/td>\n2.60<\/td>\n3<\/td>\n0.1112 %<\/td>\n2,651.2<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.07 %<\/td>\n6.76 %<\/td>\n94,835<\/td>\n8.22<\/td>\n22<\/td>\n-0.0994 %<\/td>\n2,238.2<\/td>\n<\/tr>\n<\/table>\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.G<\/td>\nFixedReset Disc<\/td>\n-1.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-23
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 6.68 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n-1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-23
\nMaturity Price : 17.85
\nEvaluated at bid price : 17.85
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 14.60
\nBid-YTW : 9.23 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nDeemed-Retractible<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.21
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 13.75
\nBid-YTW : 9.67 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-23
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-23
\nMaturity Price : 20.30
\nEvaluated at bid price : 20.30
\nBid-YTW : 5.20 %<\/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
NA.PR.C<\/td>\nFixedReset Disc<\/td>\n106,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-23
\nMaturity Price : 22.14
\nEvaluated at bid price : 22.60
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Disc<\/td>\n77,910<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-23
\nMaturity Price : 22.33
\nEvaluated at bid price : 22.90
\nBid-YTW : 5.05 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n33,125<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 14.60
\nBid-YTW : 9.23 %<\/td>\n<\/tr>\n
HSE.PR.E<\/td>\nFixedReset Disc<\/td>\n30,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-23
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 6.56 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n28,900<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.50
\nBid-YTW : 6.80 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n24,455<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-23
\nMaturity Price : 22.12
\nEvaluated at bid price : 22.70
\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n
There were 22 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
HSE.PR.G<\/td>\nFixedReset Disc<\/td>\nQuote: 19.50 – 20.11
\nSpot Rate : 0.6100
\nAverage : 0.4302<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-23
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 6.68 %<\/td>\n<\/tr>\n

CM.PR.P<\/td>\nFixedReset Disc<\/td>\nQuote: 17.52 – 17.93
\nSpot Rate : 0.4100
\nAverage : 0.2494<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-23
\nMaturity Price : 17.52
\nEvaluated at bid price : 17.52
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n

EMA.PR.F<\/td>\nFixedReset Disc<\/td>\nQuote: 18.70 – 19.19
\nSpot Rate : 0.4900
\nAverage : 0.3636<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-23
\nMaturity Price : 18.70
\nEvaluated at bid price : 18.70
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n

CM.PR.O<\/td>\nFixedReset Disc<\/td>\nQuote: 17.85 – 18.20
\nSpot Rate : 0.3500
\nAverage : 0.2292<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-23
\nMaturity Price : 17.85
\nEvaluated at bid price : 17.85
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n

SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 14.60 – 15.00
\nSpot Rate : 0.4000
\nAverage : 0.2877<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 14.60
\nBid-YTW : 9.23 %<\/td>\n<\/tr>\n

NA.PR.W<\/td>\nFixedReset Disc<\/td>\nQuote: 17.37 – 17.69
\nSpot Rate : 0.3200
\nAverage : 0.2131<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-05-23
\nMaturity Price : 17.37
\nEvaluated at bid price : 17.37
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

The report for May 23 will be delayed, as I have other business to attend to. It will be posted May 24. Update, 2019-5-24: HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the …<\/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-50335","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50335","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=50335"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50335\/revisions"}],"predecessor-version":[{"id":50336,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50335\/revisions\/50336"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}