{"id":50806,"date":"2019-09-27T11:20:00","date_gmt":"2019-09-27T15:20:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=50806"},"modified":"2025-11-18T11:21:10","modified_gmt":"2025-11-18T16:21:10","slug":"september-27-2019","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50806","title":{"rendered":"September 27, 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>\n0.1154 %<\/td>\n1,890.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1154 %<\/td>\n3,468.6<\/td>\n<\/tr>\n
Floater<\/td>\n6.37 %<\/td>\n6.54 %<\/td>\n48,180<\/td>\n13.14<\/td>\n4<\/td>\n0.1154 %<\/td>\n1,999.0<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1298 %<\/td>\n3,382.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.66 %<\/td>\n4.53 %<\/td>\n53,348<\/td>\n4.00<\/td>\n7<\/td>\n0.1298 %<\/td>\n4,039.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1298 %<\/td>\n3,151.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.59 %<\/td>\n-18.81 %<\/td>\n60,077<\/td>\n0.09<\/td>\n6<\/td>\n0.0195 %<\/td>\n3,000.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.41 %<\/td>\n5.45 %<\/td>\n67,688<\/td>\n14.51<\/td>\n28<\/td>\n0.0972 %<\/td>\n3,176.5<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.53 %<\/td>\n5.46 %<\/td>\n166,675<\/td>\n14.49<\/td>\n73<\/td>\n0.5549 %<\/td>\n2,078.7<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.22 %<\/td>\n5.80 %<\/td>\n67,141<\/td>\n7.89<\/td>\n27<\/td>\n0.1547 %<\/td>\n3,158.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n4.55 %<\/td>\n6.71 %<\/td>\n56,469<\/td>\n7.96<\/td>\n3<\/td>\n0.0987 %<\/td>\n2,345.2<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.22 %<\/td>\n3.70 %<\/td>\n128,344<\/td>\n1.58<\/td>\n14<\/td>\n0.3701 %<\/td>\n2,598.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.96 %<\/td>\n3.98 %<\/td>\n89,513<\/td>\n2.27<\/td>\n3<\/td>\n0.2629 %<\/td>\n2,679.9<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.50 %<\/td>\n8.08 %<\/td>\n102,109<\/td>\n7.92<\/td>\n21<\/td>\n0.2974 %<\/td>\n2,101.3<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 17.91
\nEvaluated at bid price : 17.91
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 17.33
\nEvaluated at bid price : 17.33
\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n
ELF.PR.H<\/td>\nPerpetual-Discount<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-17
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.95
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 16.01
\nEvaluated at bid price : 16.01
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 17.40
\nEvaluated at bid price : 17.40
\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 19.90
\nEvaluated at bid price : 19.90
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.37
\nBid-YTW : 8.18 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.90
\nBid-YTW : 7.84 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 16.10
\nEvaluated at bid price : 16.10
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
BAM.PF.I<\/td>\nFixedReset Disc<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.50
\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n
NA.PR.C<\/td>\nFixedReset Disc<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
HSE.PR.G<\/td>\nFixedReset Disc<\/td>\n1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 17.73
\nEvaluated at bid price : 17.73
\nBid-YTW : 6.96 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Disc<\/td>\n1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 20.09
\nEvaluated at bid price : 20.09
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 18.51
\nEvaluated at bid price : 18.51
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 12.79
\nEvaluated at bid price : 12.79
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
MFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.47
\nBid-YTW : 8.00 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 15.61
\nEvaluated at bid price : 15.61
\nBid-YTW : 6.00 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Disc<\/td>\n1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 19.89
\nEvaluated at bid price : 19.89
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
W.PR.K<\/td>\nFixedReset Prem<\/td>\n1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-01-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.86
\nBid-YTW : 3.38 %<\/td>\n<\/tr>\n
BMO.PR.C<\/td>\nFixedReset Disc<\/td>\n1.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 22.08
\nEvaluated at bid price : 22.40
\nBid-YTW : 5.27 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 15.90
\nEvaluated at bid price : 15.90
\nBid-YTW : 6.27 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 17.44
\nEvaluated at bid price : 17.44
\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n2.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 18.23
\nEvaluated at bid price : 18.23
\nBid-YTW : 6.82 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset Disc<\/td>\n2.75 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 10.83
\nEvaluated at bid price : 10.83
\nBid-YTW : 7.07 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n2.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 20.72
\nEvaluated at bid price : 20.72
\nBid-YTW : 5.00 %<\/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.P<\/td>\nFixedReset Disc<\/td>\n197,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 12.79
\nEvaluated at bid price : 12.79
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n152,910<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 20.25
\nEvaluated at bid price : 20.25
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n
CM.PR.T<\/td>\nFixedReset Disc<\/td>\n151,402<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 22.73
\nEvaluated at bid price : 23.84
\nBid-YTW : 5.00 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n132,326<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 16.62
\nEvaluated at bid price : 16.62
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
BMO.PR.F<\/td>\nFixedReset Disc<\/td>\n102,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 22.91
\nEvaluated at bid price : 24.27
\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Disc<\/td>\n94,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 18.19
\nEvaluated at bid price : 18.19
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
There were 31 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
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\nQuote: 17.91 – 18.42
\nSpot Rate : 0.5100
\nAverage : 0.3738<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 17.91
\nEvaluated at bid price : 17.91
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n

IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 18.43 – 18.85
\nSpot Rate : 0.4200
\nAverage : 0.3163<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.43
\nBid-YTW : 8.22 %<\/td>\n<\/tr>\n

IAF.PR.I<\/td>\nFixedReset Ins Non<\/td>\nQuote: 18.75 – 19.29
\nSpot Rate : 0.5400
\nAverage : 0.4505<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.75
\nBid-YTW : 8.08 %<\/td>\n<\/tr>\n

IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\nQuote: 16.90 – 17.28
\nSpot Rate : 0.3800
\nAverage : 0.2943<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 16.90
\nBid-YTW : 8.73 %<\/td>\n<\/tr>\n

ELF.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.05 – 22.36
\nSpot Rate : 0.3100
\nAverage : 0.2272<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 21.81
\nEvaluated at bid price : 22.05
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n

RY.PR.S<\/td>\nFixedReset Disc<\/td>\nQuote: 20.11 – 20.37
\nSpot Rate : 0.2600
\nAverage : 0.1839<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-09-27
\nMaturity Price : 20.11
\nEvaluated at bid price : 20.11
\nBid-YTW : 5.06 %<\/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-50806","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50806","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=50806"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50806\/revisions"}],"predecessor-version":[{"id":50807,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50806\/revisions\/50807"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}