{"id":50490,"date":"2019-07-15T20:51:00","date_gmt":"2019-07-16T00:51:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=50490"},"modified":"2025-10-29T20:52:19","modified_gmt":"2025-10-30T00:52:19","slug":"july-15-2019","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50490","title":{"rendered":"July 15, 2019"},"content":{"rendered":"

Some great news about drones<\/a>:<\/p>\n

In April, Google\u2019s parent company Alphabet got the green light from the FAA<\/a> to start delivering goods via drone in Virginia. The company\u2019s service is already underway in Australia and includes foodservice establishments. <\/p>\n

Amazon unveiled its Prime Air delivery drone in early June, with plans to deliver packages from the Amazon platform \u201cin the coming months<\/a>.\u201d<\/p>\n

Also in June, Uber received permission from the FAA to test drone delivery in San Diego. Its initial test phase included Uber Eats\u2019 partner McDonald\u2019s, and the company plans to test the service with other restaurant partners later this year, according to TechCrunch<\/a>.<\/p>\n<\/blockquote>\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>\n0.3929 %<\/td>\n1,980.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3929 %<\/td>\n3,634.7<\/td>\n<\/tr>\n
Floater<\/td>\n6.01 %<\/td>\n6.17 %<\/td>\n38,041<\/td>\n13.66<\/td>\n4<\/td>\n0.3929 %<\/td>\n2,094.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1861 %<\/td>\n3,349.1<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.65 %<\/td>\n4.59 %<\/td>\n78,371<\/td>\n4.15<\/td>\n7<\/td>\n0.1861 %<\/td>\n3,999.5<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1861 %<\/td>\n3,120.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.62 %<\/td>\n-16.20 %<\/td>\n54,666<\/td>\n0.09<\/td>\n7<\/td>\n-0.0618 %<\/td>\n2,975.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.46 %<\/td>\n5.54 %<\/td>\n60,163<\/td>\n14.57<\/td>\n25<\/td>\n0.1060 %<\/td>\n3,116.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.38 %<\/td>\n5.40 %<\/td>\n160,316<\/td>\n14.69<\/td>\n69<\/td>\n-0.1640 %<\/td>\n2,136.5<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.23 %<\/td>\n5.86 %<\/td>\n68,088<\/td>\n7.99<\/td>\n27<\/td>\n0.0079 %<\/td>\n3,105.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n4.04 %<\/td>\n4.36 %<\/td>\n39,411<\/td>\n2.45<\/td>\n4<\/td>\n-0.1572 %<\/td>\n2,366.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.14 %<\/td>\n4.02 %<\/td>\n168,552<\/td>\n1.92<\/td>\n17<\/td>\n-0.0229 %<\/td>\n2,590.6<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.98 %<\/td>\n4.22 %<\/td>\n95,691<\/td>\n2.46<\/td>\n3<\/td>\n0.0279 %<\/td>\n2,649.1<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.25 %<\/td>\n7.45 %<\/td>\n88,185<\/td>\n8.03<\/td>\n22<\/td>\n-0.3727 %<\/td>\n2,172.6<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.46
\nBid-YTW : 8.36 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.17
\nBid-YTW : 8.49 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n-1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-07-15
\nMaturity Price : 19.48
\nEvaluated at bid price : 19.48
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n-1.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.21
\nBid-YTW : 7.75 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-07-15
\nMaturity Price : 17.60
\nEvaluated at bid price : 17.60
\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-07-15
\nMaturity Price : 19.46
\nEvaluated at bid price : 19.46
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n-1.42 %<\/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 : 8.87 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n-1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-07-15
\nMaturity Price : 20.06
\nEvaluated at bid price : 20.06
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-07-15
\nMaturity Price : 14.05
\nEvaluated at bid price : 14.05
\nBid-YTW : 6.24 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-07-15
\nMaturity Price : 18.72
\nEvaluated at bid price : 18.72
\nBid-YTW : 5.26 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nDeemed-Retractible<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.73
\nBid-YTW : 6.88 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 15.45
\nBid-YTW : 9.10 %<\/td>\n<\/tr>\n
BIP.PR.D<\/td>\nFixedReset Disc<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-07-15
\nMaturity Price : 22.08
\nEvaluated at bid price : 22.41
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
CU.PR.I<\/td>\nFixedReset Prem<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.35
\nBid-YTW : 3.86 %<\/td>\n<\/tr>\n
BAM.PF.J<\/td>\nFixedReset Disc<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-07-15
\nMaturity Price : 22.98
\nEvaluated at bid price : 24.15
\nBid-YTW : 4.89 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nDeemed-Retractible<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.76
\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n
HSE.PR.C<\/td>\nFixedReset Disc<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-07-15
\nMaturity Price : 18.70
\nEvaluated at bid price : 18.70
\nBid-YTW : 6.33 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-07-15
\nMaturity Price : 17.61
\nEvaluated at bid price : 17.61
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n2.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-07-15
\nMaturity Price : 13.22
\nEvaluated at bid price : 13.22
\nBid-YTW : 6.20 %<\/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
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n68,213<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-07-15
\nMaturity Price : 18.72
\nEvaluated at bid price : 18.72
\nBid-YTW : 5.26 %<\/td>\n<\/tr>\n
MFC.PR.O<\/td>\nFixedReset Ins Non<\/td>\n56,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-06-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.66
\nBid-YTW : 4.41 %<\/td>\n<\/tr>\n
TD.PF.M<\/td>\nFixedReset Disc<\/td>\n42,787<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-07-15
\nMaturity Price : 23.15
\nEvaluated at bid price : 24.98
\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n37,930<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-07-15
\nMaturity Price : 11.76
\nEvaluated at bid price : 11.76
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nDeemed-Retractible<\/td>\n36,022<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.88
\nBid-YTW : 6.72 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n34,609<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-07-15
\nMaturity Price : 17.91
\nEvaluated at bid price : 17.91
\nBid-YTW : 5.34 %<\/td>\n<\/tr>\n
There were 16 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.E<\/td>\nDeemed-Retractible<\/td>\nQuote: 23.71 – 24.36
\nSpot Rate : 0.6500
\nAverage : 0.4332<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.71
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n

MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.17 – 17.59
\nSpot Rate : 0.4200
\nAverage : 0.3156<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.17
\nBid-YTW : 8.49 %<\/td>\n<\/tr>\n

PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.00 – 23.35
\nSpot Rate : 0.3500
\nAverage : 0.2465<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-07-15
\nMaturity Price : 22.71
\nEvaluated at bid price : 23.00
\nBid-YTW : 5.60 %<\/td>\n<\/tr>\n

RY.PR.J<\/td>\nFixedReset Disc<\/td>\nQuote: 20.06 – 20.36
\nSpot Rate : 0.3000
\nAverage : 0.2046<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-07-15
\nMaturity Price : 20.06
\nEvaluated at bid price : 20.06
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n

MFC.PR.C<\/td>\nDeemed-Retractible<\/td>\nQuote: 20.73 – 21.09
\nSpot Rate : 0.3600
\nAverage : 0.2651<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.73
\nBid-YTW : 6.88 %<\/td>\n<\/tr>\n

CU.PR.D<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.85 – 23.25
\nSpot Rate : 0.4000
\nAverage : 0.3293<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-07-15
\nMaturity Price : 22.56
\nEvaluated at bid price : 22.85
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Some great news about drones: In April, Google\u2019s parent company Alphabet got the green light from the FAA to start delivering goods via drone in Virginia. The company\u2019s service is already underway in Australia and …<\/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-50490","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50490","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=50490"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50490\/revisions"}],"predecessor-version":[{"id":50491,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50490\/revisions\/50491"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}