{"id":50619,"date":"2019-08-01T22:04:00","date_gmt":"2019-08-02T02:04:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=50619"},"modified":"2025-11-11T22:04:54","modified_gmt":"2025-11-12T03:04:54","slug":"august-1-2019","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50619","title":{"rendered":"August 1, 2019"},"content":{"rendered":"

Interesting survey from the UK<\/a>:<\/p>\n

\n

Concerns putting people off accessing impartial professional retirement planning advice<\/p>\n

44% of people are put off by the perceived cost of advice
\n45% fear that the financial adviser would not act in their best interests.<\/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>\n-0.5609 %<\/td>\n1,990.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.5609 %<\/td>\n3,653.1<\/td>\n<\/tr>\n
Floater<\/td>\n6.00 %<\/td>\n6.12 %<\/td>\n39,042<\/td>\n13.69<\/td>\n4<\/td>\n-0.5609 %<\/td>\n2,105.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0507 %<\/td>\n3,345.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.65 %<\/td>\n4.71 %<\/td>\n72,810<\/td>\n4.10<\/td>\n7<\/td>\n0.0507 %<\/td>\n3,995.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0507 %<\/td>\n3,117.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.60 %<\/td>\n-18.87 %<\/td>\n56,880<\/td>\n0.09<\/td>\n7<\/td>\n0.0280 %<\/td>\n2,991.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.45 %<\/td>\n5.59 %<\/td>\n58,804<\/td>\n14.50<\/td>\n25<\/td>\n-0.1022 %<\/td>\n3,127.0<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.42 %<\/td>\n5.29 %<\/td>\n160,473<\/td>\n14.99<\/td>\n69<\/td>\n-0.1600 %<\/td>\n2,126.5<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.22 %<\/td>\n5.81 %<\/td>\n64,206<\/td>\n7.93<\/td>\n27<\/td>\n-0.0142 %<\/td>\n3,120.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n4.06 %<\/td>\n4.42 %<\/td>\n35,171<\/td>\n2.41<\/td>\n4<\/td>\n-0.1057 %<\/td>\n2,346.8<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.14 %<\/td>\n3.72 %<\/td>\n158,088<\/td>\n1.88<\/td>\n17<\/td>\n-0.0710 %<\/td>\n2,599.5<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.98 %<\/td>\n4.06 %<\/td>\n87,788<\/td>\n2.42<\/td>\n3<\/td>\n0.0696 %<\/td>\n2,656.9<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.26 %<\/td>\n7.43 %<\/td>\n83,781<\/td>\n8.03<\/td>\n22<\/td>\n-0.2490 %<\/td>\n2,170.3<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n-2.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.97
\nBid-YTW : 8.15 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n-2.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 11.29
\nEvaluated at bid price : 11.29
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
HSE.PR.E<\/td>\nFixedReset Disc<\/td>\n-2.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 18.83
\nEvaluated at bid price : 18.83
\nBid-YTW : 6.66 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 18.20
\nEvaluated at bid price : 18.20
\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 19.02
\nEvaluated at bid price : 19.02
\nBid-YTW : 5.26 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 18.01
\nEvaluated at bid price : 18.01
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 18.85
\nEvaluated at bid price : 18.85
\nBid-YTW : 5.33 %<\/td>\n<\/tr>\n
RY.PR.N<\/td>\nPerpetual-Discount<\/td>\n-1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 23.28
\nEvaluated at bid price : 23.72
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.55
\nBid-YTW : 6.54 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 11.77
\nEvaluated at bid price : 11.77
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
HSE.PR.G<\/td>\nFixedReset Disc<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 19.05
\nEvaluated at bid price : 19.05
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.44
\nBid-YTW : 7.50 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 17.71
\nEvaluated at bid price : 17.71
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nDeemed-Retractible<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 11.95
\nEvaluated at bid price : 11.95
\nBid-YTW : 6.08 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.65
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 12.97
\nEvaluated at bid price : 12.97
\nBid-YTW : 6.08 %<\/td>\n<\/tr>\n
EMA.PR.F<\/td>\nFixedReset Disc<\/td>\n1.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 17.30
\nEvaluated at bid price : 17.30
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset Disc<\/td>\n2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 12.50
\nEvaluated at bid price : 12.50
\nBid-YTW : 6.17 %<\/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
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n204,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 21.83
\nEvaluated at bid price : 22.07
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n54,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 17.57
\nEvaluated at bid price : 17.57
\nBid-YTW : 5.16 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Disc<\/td>\n49,327<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 21.91
\nEvaluated at bid price : 22.21
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n40,234<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 14.21
\nBid-YTW : 9.13 %<\/td>\n<\/tr>\n
BNS.PR.H<\/td>\nFixedReset Prem<\/td>\n36,113<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.46
\nBid-YTW : 4.11 %<\/td>\n<\/tr>\n
RY.PR.E<\/td>\nDeemed-Retractible<\/td>\n23,300<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2019-08-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.30
\nBid-YTW : -13.03 %<\/td>\n<\/tr>\n
There were 23 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
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\nQuote: 19.88 – 20.45
\nSpot Rate : 0.5700
\nAverage : 0.4348<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 19.88
\nEvaluated at bid price : 19.88
\nBid-YTW : 5.16 %<\/td>\n<\/tr>\n

RY.PR.N<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.72 – 24.08
\nSpot Rate : 0.3600
\nAverage : 0.2341<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 23.28
\nEvaluated at bid price : 23.72
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n

TRP.PR.B<\/td>\nFixedReset Disc<\/td>\nQuote: 11.29 – 11.67
\nSpot Rate : 0.3800
\nAverage : 0.2770<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 11.29
\nEvaluated at bid price : 11.29
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n

EIT.PR.A<\/td>\nSplitShare<\/td>\nQuote: 25.50 – 25.89
\nSpot Rate : 0.3900
\nAverage : 0.2928<\/p>\n

YTW SCENARIO
\nMaturity Type : Soft Maturity
\nMaturity Date\t: 2024-03-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.50
\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n

MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.54 – 19.83
\nSpot Rate : 0.2900
\nAverage : 0.1955<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.54
\nBid-YTW : 7.43 %<\/td>\n<\/tr>\n

CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.26 – 21.60
\nSpot Rate : 0.3400
\nAverage : 0.2489<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-01
\nMaturity Price : 21.26
\nEvaluated at bid price : 21.26
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Interesting survey from the UK: Concerns putting people off accessing impartial professional retirement planning advice 44% of people are put off by the perceived cost of advice 45% fear that the financial adviser would not …<\/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-50619","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50619","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=50619"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50619\/revisions"}],"predecessor-version":[{"id":50620,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50619\/revisions\/50620"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}