{"id":51111,"date":"2019-12-23T11:48:00","date_gmt":"2019-12-23T16:48:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=51111"},"modified":"2025-11-28T11:49:00","modified_gmt":"2025-11-28T16:49:00","slug":"december-23-2019","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51111","title":{"rendered":"December 23, 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>\n1.1615 %<\/td>\n2,075.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.1615 %<\/td>\n3,807.9<\/td>\n<\/tr>\n
Floater<\/td>\n5.88 %<\/td>\n6.03 %<\/td>\n57,140<\/td>\n13.87<\/td>\n4<\/td>\n1.1615 %<\/td>\n2,194.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1571 %<\/td>\n3,443.1<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.63 %<\/td>\n4.27 %<\/td>\n39,438<\/td>\n3.81<\/td>\n7<\/td>\n0.1571 %<\/td>\n4,111.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1571 %<\/td>\n3,208.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.57 %<\/td>\n-6.82 %<\/td>\n68,037<\/td>\n0.09<\/td>\n10<\/td>\n0.0362 %<\/td>\n3,040.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.28 %<\/td>\n5.36 %<\/td>\n72,783<\/td>\n14.84<\/td>\n25<\/td>\n0.0630 %<\/td>\n3,285.2<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.49 %<\/td>\n5.76 %<\/td>\n225,481<\/td>\n14.26<\/td>\n66<\/td>\n-0.1746 %<\/td>\n2,149.5<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.17 %<\/td>\n5.26 %<\/td>\n71,939<\/td>\n14.93<\/td>\n27<\/td>\n0.1110 %<\/td>\n3,230.5<\/td>\n<\/tr>\n
FloatingReset<\/td>\n6.19 %<\/td>\n6.47 %<\/td>\n140,728<\/td>\n13.25<\/td>\n2<\/td>\n-1.0619 %<\/td>\n2,502.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.08 %<\/td>\n3.35 %<\/td>\n154,556<\/td>\n1.51<\/td>\n20<\/td>\n0.1766 %<\/td>\n2,650.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.94 %<\/td>\n3.74 %<\/td>\n68,483<\/td>\n2.04<\/td>\n3<\/td>\n0.2049 %<\/td>\n2,726.9<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.39 %<\/td>\n5.71 %<\/td>\n156,835<\/td>\n14.27<\/td>\n22<\/td>\n-0.1500 %<\/td>\n2,178.3<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-2.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 14.50
\nEvaluated at bid price : 14.50
\nBid-YTW : 6.14 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n-1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 13.97
\nEvaluated at bid price : 13.97
\nBid-YTW : 6.47 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 18.15
\nEvaluated at bid price : 18.15
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n-1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 11.78
\nEvaluated at bid price : 11.78
\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Disc<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 19.21
\nEvaluated at bid price : 19.21
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 19.30
\nEvaluated at bid price : 19.30
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 18.40
\nEvaluated at bid price : 18.40
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 19.42
\nEvaluated at bid price : 19.42
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Disc<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 20.78
\nEvaluated at bid price : 20.78
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
W.PR.K<\/td>\nFixedReset Prem<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-01-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.02
\nBid-YTW : 2.30 %<\/td>\n<\/tr>\n
EIT.PR.A<\/td>\nSplitShare<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Soft Maturity
\nMaturity Date\t: 2024-03-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.72
\nBid-YTW : 4.10 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 12.71
\nEvaluated at bid price : 12.71
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 11.46
\nEvaluated at bid price : 11.46
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 13.58
\nEvaluated at bid price : 13.58
\nBid-YTW : 5.33 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 18.24
\nEvaluated at bid price : 18.24
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 11.50
\nEvaluated at bid price : 11.50
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset Disc<\/td>\n1.82 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 11.76
\nEvaluated at bid price : 11.76
\nBid-YTW : 7.01 %<\/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
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n93,347<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 17.34
\nEvaluated at bid price : 17.34
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n59,287<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 17.12
\nEvaluated at bid price : 17.12
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
TD.PF.H<\/td>\nFixedReset Prem<\/td>\n50,600<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.85
\nBid-YTW : 3.35 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Disc<\/td>\n34,603<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n34,536<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 18.77
\nEvaluated at bid price : 18.77
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n
MFC.PR.O<\/td>\nFixedReset Ins Non<\/td>\n33,250<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-06-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.70
\nBid-YTW : 3.72 %<\/td>\n<\/tr>\n
There were 52 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.PF.F<\/td>\nFixedReset Disc<\/td>\nQuote: 18.25 – 18.87
\nSpot Rate : 0.6200
\nAverage : 0.3646<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 18.25
\nEvaluated at bid price : 18.25
\nBid-YTW : 6.00 %<\/td>\n<\/tr>\n

HSE.PR.G<\/td>\nFixedReset Disc<\/td>\nQuote: 18.20 – 18.84
\nSpot Rate : 0.6400
\nAverage : 0.4555<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 18.20
\nEvaluated at bid price : 18.20
\nBid-YTW : 7.09 %<\/td>\n<\/tr>\n

CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.55 – 22.11
\nSpot Rate : 0.5600
\nAverage : 0.4098<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 21.55
\nEvaluated at bid price : 21.55
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n

PWF.PR.P<\/td>\nFixedReset Disc<\/td>\nQuote: 13.62 – 14.10
\nSpot Rate : 0.4800
\nAverage : 0.3405<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 13.62
\nEvaluated at bid price : 13.62
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n

PVS.PR.G<\/td>\nSplitShare<\/td>\nQuote: 25.61 – 26.00
\nSpot Rate : 0.3900
\nAverage : 0.2661<\/p>\n

YTW SCENARIO
\nMaturity Type : Option Certainty
\nMaturity Date\t: 2026-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.61
\nBid-YTW : 4.51 %<\/td>\n<\/tr>\n

TD.PF.J<\/td>\nFixedReset Disc<\/td>\nQuote: 19.58 – 19.95
\nSpot Rate : 0.3700
\nAverage : 0.2507<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-23
\nMaturity Price : 19.58
\nEvaluated at bid price : 19.58
\nBid-YTW : 5.71 %<\/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-51111","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51111","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=51111"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51111\/revisions"}],"predecessor-version":[{"id":51112,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51111\/revisions\/51112"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}