{"id":50935,"date":"2019-11-21T21:16:00","date_gmt":"2019-11-22T02:16:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=50935"},"modified":"2025-11-24T21:16:47","modified_gmt":"2025-11-25T02:16:47","slug":"november-21-2019","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50935","title":{"rendered":"November 21, 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>\n0.0446 %<\/td>\n1,959.7<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0446 %<\/td>\n3,595.9<\/td>\n<\/tr>\n
Floater<\/td>\n6.17 %<\/td>\n6.32 %<\/td>\n46,278<\/td>\n13.36<\/td>\n4<\/td>\n0.0446 %<\/td>\n2,072.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2415 %<\/td>\n3,413.1<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.66 %<\/td>\n4.50 %<\/td>\n49,601<\/td>\n3.89<\/td>\n7<\/td>\n0.2415 %<\/td>\n4,076.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2415 %<\/td>\n3,180.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.55 %<\/td>\n-19.90 %<\/td>\n45,996<\/td>\n0.09<\/td>\n10<\/td>\n0.0431 %<\/td>\n3,042.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.31 %<\/td>\n5.43 %<\/td>\n69,269<\/td>\n14.73<\/td>\n25<\/td>\n0.0242 %<\/td>\n3,252.4<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.58 %<\/td>\n5.62 %<\/td>\n180,642<\/td>\n14.38<\/td>\n66<\/td>\n0.2291 %<\/td>\n2,105.9<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.16 %<\/td>\n5.58 %<\/td>\n63,667<\/td>\n7.77<\/td>\n27<\/td>\n0.0842 %<\/td>\n3,204.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n6.21 %<\/td>\n6.69 %<\/td>\n109,373<\/td>\n12.85<\/td>\n2<\/td>\n-0.2600 %<\/td>\n2,454.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.11 %<\/td>\n3.68 %<\/td>\n128,670<\/td>\n1.59<\/td>\n20<\/td>\n0.2639 %<\/td>\n2,624.7<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.96 %<\/td>\n4.01 %<\/td>\n74,003<\/td>\n2.13<\/td>\n3<\/td>\n0.2073 %<\/td>\n2,694.5<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.44 %<\/td>\n8.02 %<\/td>\n115,149<\/td>\n7.84<\/td>\n22<\/td>\n0.2968 %<\/td>\n2,144.3<\/td>\n<\/tr>\n<\/table>\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
SLF.PR.J<\/td>\nFloatingReset<\/td>\n-1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 13.20
\nBid-YTW : 10.99 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-21
\nMaturity Price : 15.21
\nEvaluated at bid price : 15.21
\nBid-YTW : 6.24 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-21
\nMaturity Price : 18.18
\nEvaluated at bid price : 18.18
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-21
\nMaturity Price : 11.34
\nEvaluated at bid price : 11.34
\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 7.79 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-21
\nMaturity Price : 19.06
\nEvaluated at bid price : 19.06
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
HSE.PR.G<\/td>\nFixedReset Disc<\/td>\n1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-21
\nMaturity Price : 17.66
\nEvaluated at bid price : 17.66
\nBid-YTW : 7.19 %<\/td>\n<\/tr>\n
EMA.PR.C<\/td>\nFixedReset Disc<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-21
\nMaturity Price : 17.85
\nEvaluated at bid price : 17.85
\nBid-YTW : 6.01 %<\/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
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n126,496<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-21
\nMaturity Price : 17.24
\nEvaluated at bid price : 17.24
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n122,174<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-21
\nMaturity Price : 22.77
\nEvaluated at bid price : 23.05
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nDeemed-Retractible<\/td>\n119,520<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.15
\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n
TRP.PR.J<\/td>\nFixedReset Prem<\/td>\n76,370<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.80
\nBid-YTW : 3.26 %<\/td>\n<\/tr>\n
W.PR.M<\/td>\nFixedReset Prem<\/td>\n52,029<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.94
\nBid-YTW : 3.45 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n51,241<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-21
\nMaturity Price : 19.17
\nEvaluated at bid price : 19.17
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
There were 41 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
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 15.21 – 15.74
\nSpot Rate : 0.5300
\nAverage : 0.3470<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-21
\nMaturity Price : 15.21
\nEvaluated at bid price : 15.21
\nBid-YTW : 6.24 %<\/td>\n<\/tr>\n

PWF.PR.A<\/td>\nFloater<\/td>\nQuote: 11.52 – 12.05
\nSpot Rate : 0.5300
\nAverage : 0.3783<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-21
\nMaturity Price : 11.52
\nEvaluated at bid price : 11.52
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n

IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.54 – 18.00
\nSpot Rate : 0.4600
\nAverage : 0.3182<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.54
\nBid-YTW : 8.50 %<\/td>\n<\/tr>\n

HSE.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 16.15 – 16.54
\nSpot Rate : 0.3900
\nAverage : 0.2652<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-21
\nMaturity Price : 16.15
\nEvaluated at bid price : 16.15
\nBid-YTW : 7.26 %<\/td>\n<\/tr>\n

MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\nQuote: 16.60 – 17.00
\nSpot Rate : 0.4000
\nAverage : 0.2999<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 16.60
\nBid-YTW : 8.76 %<\/td>\n<\/tr>\n

BIP.PR.A<\/td>\nFixedReset Disc<\/td>\nQuote: 19.72 – 20.07
\nSpot Rate : 0.3500
\nAverage : 0.2612<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-21
\nMaturity Price : 19.72
\nEvaluated at bid price : 19.72
\nBid-YTW : 6.47 %<\/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-50935","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50935","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=50935"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50935\/revisions"}],"predecessor-version":[{"id":50936,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50935\/revisions\/50936"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}