{"id":51044,"date":"2019-12-02T20:45:00","date_gmt":"2019-12-03T01:45:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=51044"},"modified":"2025-11-26T20:45:31","modified_gmt":"2025-11-27T01:45:31","slug":"december-2-2019","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51044","title":{"rendered":"December 2, 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>\n0.4001 %<\/td>\n1,974.1<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4001 %<\/td>\n3,622.4<\/td>\n<\/tr>\n
Floater<\/td>\n6.12 %<\/td>\n6.22 %<\/td>\n45,813<\/td>\n13.47<\/td>\n4<\/td>\n0.4001 %<\/td>\n2,087.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0902 %<\/td>\n3,425.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.65 %<\/td>\n4.52 %<\/td>\n46,388<\/td>\n3.86<\/td>\n7<\/td>\n0.0902 %<\/td>\n4,091.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0902 %<\/td>\n3,192.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.53 %<\/td>\n-20.13 %<\/td>\n54,468<\/td>\n0.09<\/td>\n10<\/td>\n0.1290 %<\/td>\n3,049.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.28 %<\/td>\n5.34 %<\/td>\n67,749<\/td>\n14.86<\/td>\n25<\/td>\n0.1102 %<\/td>\n3,271.3<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.63 %<\/td>\n5.71 %<\/td>\n185,126<\/td>\n14.30<\/td>\n66<\/td>\n-0.1452 %<\/td>\n2,093.0<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.17 %<\/td>\n5.27 %<\/td>\n64,942<\/td>\n14.98<\/td>\n27<\/td>\n0.1422 %<\/td>\n3,221.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n6.27 %<\/td>\n6.47 %<\/td>\n110,686<\/td>\n13.30<\/td>\n2<\/td>\n0.6839 %<\/td>\n2,454.0<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.11 %<\/td>\n3.63 %<\/td>\n156,587<\/td>\n1.56<\/td>\n20<\/td>\n0.1015 %<\/td>\n2,629.3<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.96 %<\/td>\n4.16 %<\/td>\n61,139<\/td>\n2.09<\/td>\n3<\/td>\n0.0551 %<\/td>\n2,702.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.51 %<\/td>\n5.75 %<\/td>\n118,978<\/td>\n14.26<\/td>\n22<\/td>\n-0.3219 %<\/td>\n2,126.0<\/td>\n<\/tr>\n<\/table>\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
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-02
\nMaturity Price : 13.00
\nEvaluated at bid price : 13.00
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n
MFC.PR.R<\/td>\nFixedReset Ins Non<\/td>\n-1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-02
\nMaturity Price : 23.27
\nEvaluated at bid price : 24.39
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-02
\nMaturity Price : 16.69
\nEvaluated at bid price : 16.69
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-02
\nMaturity Price : 18.55
\nEvaluated at bid price : 18.55
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-02
\nMaturity Price : 11.25
\nEvaluated at bid price : 11.25
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-02
\nMaturity Price : 11.31
\nEvaluated at bid price : 11.31
\nBid-YTW : 6.22 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-02
\nMaturity Price : 13.84
\nEvaluated at bid price : 13.84
\nBid-YTW : 6.47 %<\/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
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n149,325<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-02
\nMaturity Price : 15.30
\nEvaluated at bid price : 15.30
\nBid-YTW : 6.31 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n111,859<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-02
\nMaturity Price : 19.56
\nEvaluated at bid price : 19.56
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
BMO.PR.D<\/td>\nFixedReset Disc<\/td>\n91,882<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-02
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Disc<\/td>\n84,959<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-02
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
TD.PF.L<\/td>\nFixedReset Disc<\/td>\n76,108<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-02
\nMaturity Price : 22.75
\nEvaluated at bid price : 23.85
\nBid-YTW : 5.14 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n75,050<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-02
\nMaturity Price : 19.45
\nEvaluated at bid price : 19.45
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
There were 53 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
GWO.PR.P<\/td>\nDeemed-Retractible<\/td>\nQuote: 24.92 – 25.24
\nSpot Rate : 0.3200
\nAverage : 0.2058<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-01-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.92
\nBid-YTW : 4.12 %<\/td>\n<\/tr>\n

TD.PF.M<\/td>\nFixedReset Disc<\/td>\nQuote: 24.55 – 24.80
\nSpot Rate : 0.2500
\nAverage : 0.1525<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-02
\nMaturity Price : 23.03
\nEvaluated at bid price : 24.55
\nBid-YTW : 5.17 %<\/td>\n<\/tr>\n

GWO.PR.L<\/td>\nDeemed-Retractible<\/td>\nQuote: 25.36 – 25.59
\nSpot Rate : 0.2300
\nAverage : 0.1388<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-01-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.36
\nBid-YTW : -16.50 %<\/td>\n<\/tr>\n

CU.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.24 – 21.49
\nSpot Rate : 0.2500
\nAverage : 0.1648<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-02
\nMaturity Price : 21.24
\nEvaluated at bid price : 21.24
\nBid-YTW : 5.33 %<\/td>\n<\/tr>\n

BAM.PR.C<\/td>\nFloater<\/td>\nQuote: 11.11 – 11.33
\nSpot Rate : 0.2200
\nAverage : 0.1459<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-02
\nMaturity Price : 11.11
\nEvaluated at bid price : 11.11
\nBid-YTW : 6.34 %<\/td>\n<\/tr>\n

BAM.PR.K<\/td>\nFloater<\/td>\nQuote: 11.31 – 11.57
\nSpot Rate : 0.2600
\nAverage : 0.1963<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-02
\nMaturity Price : 11.31
\nEvaluated at bid price : 11.31
\nBid-YTW : 6.22 %<\/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-51044","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51044","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=51044"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51044\/revisions"}],"predecessor-version":[{"id":51045,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51044\/revisions\/51045"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}