{"id":50643,"date":"2019-08-09T23:03:00","date_gmt":"2019-08-10T03:03:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=50643"},"modified":"2025-11-11T23:03:41","modified_gmt":"2025-11-12T04:03:41","slug":"august-9-2019","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50643","title":{"rendered":"August 9, 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-0.4512 %<\/td>\n1,906.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.4512 %<\/td>\n3,497.8<\/td>\n<\/tr>\n
Floater<\/td>\n6.27 %<\/td>\n6.44 %<\/td>\n39,714<\/td>\n13.22<\/td>\n4<\/td>\n-0.4512 %<\/td>\n2,015.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0735 %<\/td>\n3,337.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.67 %<\/td>\n4.81 %<\/td>\n68,686<\/td>\n4.08<\/td>\n7<\/td>\n0.0735 %<\/td>\n3,985.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0735 %<\/td>\n3,109.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.61 %<\/td>\n-11.53 %<\/td>\n53,719<\/td>\n0.09<\/td>\n9<\/td>\n-0.1401 %<\/td>\n2,986.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.44 %<\/td>\n5.59 %<\/td>\n56,561<\/td>\n14.51<\/td>\n25<\/td>\n-0.0580 %<\/td>\n3,132.5<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.67 %<\/td>\n5.35 %<\/td>\n144,408<\/td>\n14.93<\/td>\n66<\/td>\n-0.5155 %<\/td>\n2,055.0<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.23 %<\/td>\n5.91 %<\/td>\n64,850<\/td>\n7.91<\/td>\n27<\/td>\n-0.0616 %<\/td>\n3,114.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n4.55 %<\/td>\n6.93 %<\/td>\n62,650<\/td>\n8.03<\/td>\n3<\/td>\n0.4959 %<\/td>\n2,326.9<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.14 %<\/td>\n4.25 %<\/td>\n156,588<\/td>\n1.93<\/td>\n21<\/td>\n0.0093 %<\/td>\n2,587.6<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.98 %<\/td>\n4.00 %<\/td>\n83,861<\/td>\n2.40<\/td>\n3<\/td>\n0.0139 %<\/td>\n2,655.5<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.40 %<\/td>\n7.77 %<\/td>\n89,796<\/td>\n8.02<\/td>\n21<\/td>\n-0.5359 %<\/td>\n2,109.3<\/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\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.A<\/td>\nFixedReset Disc<\/td>\n-6.01 %<\/td>\nNot totally unreasonable, since the issue traded 6,400 shares today in a range of 11.65-18 (with a late afternoon collapse from 12.00 at 1:51pm to 11.65 at 3:38pm on total volume of 3,300 shares) before being quoted at 11.42-82.<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 11.42
\nEvaluated at bid price : 11.42
\nBid-YTW : 6.39 %<\/td>\n<\/tr>\n

IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n-3.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 16.80
\nBid-YTW : 8.65 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-3.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 16.40
\nBid-YTW : 8.78 %<\/td>\n<\/tr>\n
HSE.PR.C<\/td>\nFixedReset Disc<\/td>\n-2.82 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 16.56
\nEvaluated at bid price : 16.56
\nBid-YTW : 6.67 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Disc<\/td>\n-2.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n-2.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 18.44
\nEvaluated at bid price : 18.44
\nBid-YTW : 5.33 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n-1.95 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 16.57
\nEvaluated at bid price : 16.57
\nBid-YTW : 6.24 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n-1.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 18.24
\nEvaluated at bid price : 18.24
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 14.75
\nEvaluated at bid price : 14.75
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 10.82
\nEvaluated at bid price : 10.82
\nBid-YTW : 6.48 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n-1.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 15.55
\nEvaluated at bid price : 15.55
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 19.95
\nEvaluated at bid price : 19.95
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 17.16
\nEvaluated at bid price : 17.16
\nBid-YTW : 5.09 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 14.80
\nEvaluated at bid price : 14.80
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nDeemed-Retractible<\/td>\n-1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.46
\nBid-YTW : 6.67 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 17.14
\nEvaluated at bid price : 17.14
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 15.65
\nEvaluated at bid price : 15.65
\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 14.41
\nBid-YTW : 9.78 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 19.09
\nEvaluated at bid price : 19.09
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 21.52
\nEvaluated at bid price : 21.52
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 19.72
\nEvaluated at bid price : 19.72
\nBid-YTW : 5.03 %<\/td>\n<\/tr>\n
IAF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.95
\nBid-YTW : 7.22 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.80
\nBid-YTW : 7.82 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 22.23
\nEvaluated at bid price : 22.52
\nBid-YTW : 5.44 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 11.25
\nEvaluated at bid price : 11.25
\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 13.10
\nEvaluated at bid price : 13.10
\nBid-YTW : 5.33 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n1.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 13.35
\nBid-YTW : 10.58 %<\/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.J<\/td>\nFixedReset Disc<\/td>\n174,248<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 20.91
\nEvaluated at bid price : 20.91
\nBid-YTW : 4.90 %<\/td>\n<\/tr>\n
MFC.PR.O<\/td>\nFixedReset Ins Non<\/td>\n54,368<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-06-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.95
\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n34,800<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 16.03
\nBid-YTW : 8.58 %<\/td>\n<\/tr>\n
SLF.PR.B<\/td>\nDeemed-Retractible<\/td>\n28,000<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.22
\nBid-YTW : 6.38 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n26,350<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 19.95
\nEvaluated at bid price : 19.95
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n23,873<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 19.72
\nEvaluated at bid price : 19.72
\nBid-YTW : 5.03 %<\/td>\n<\/tr>\n
There were 27 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
CGI.PR.D<\/td>\nSplitShare<\/td>\nQuote: 25.08 – 25.49
\nSpot Rate : 0.4100
\nAverage : 0.2349<\/p>\n

YTW SCENARIO
\nMaturity Type : Soft Maturity
\nMaturity Date\t: 2023-06-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.08
\nBid-YTW : 3.84 %<\/td>\n<\/tr>\n

TRP.PR.D<\/td>\nFixedReset Disc<\/td>\nQuote: 15.55 – 15.97
\nSpot Rate : 0.4200
\nAverage : 0.2772<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 15.55
\nEvaluated at bid price : 15.55
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n

BIP.PR.D<\/td>\nFixedReset Disc<\/td>\nQuote: 21.88 – 22.40
\nSpot Rate : 0.5200
\nAverage : 0.3862<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 21.51
\nEvaluated at bid price : 21.88
\nBid-YTW : 5.78 %<\/td>\n<\/tr>\n

EMA.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 18.00 – 18.42
\nSpot Rate : 0.4200
\nAverage : 0.2943<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n

MFC.PR.B<\/td>\nDeemed-Retractible<\/td>\nQuote: 21.46 – 21.94
\nSpot Rate : 0.4800
\nAverage : 0.3676<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.46
\nBid-YTW : 6.67 %<\/td>\n<\/tr>\n

TD.PF.L<\/td>\nFixedReset Disc<\/td>\nQuote: 24.35 – 24.68
\nSpot Rate : 0.3300
\nAverage : 0.2261<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-09
\nMaturity Price : 22.94
\nEvaluated at bid price : 24.35
\nBid-YTW : 4.73 %<\/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-50643","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50643","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=50643"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50643\/revisions"}],"predecessor-version":[{"id":50644,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50643\/revisions\/50644"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}