{"id":51117,"date":"2019-12-20T11:52:00","date_gmt":"2019-12-20T16:52:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=51117"},"modified":"2025-11-28T11:53:00","modified_gmt":"2025-11-28T16:53:00","slug":"december-20-2019","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51117","title":{"rendered":"December 20, 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>\n0.1940 %<\/td>\n2,051.4<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1940 %<\/td>\n3,764.2<\/td>\n<\/tr>\n
Floater<\/td>\n5.95 %<\/td>\n6.11 %<\/td>\n57,894<\/td>\n13.75<\/td>\n4<\/td>\n0.1940 %<\/td>\n2,169.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0955 %<\/td>\n3,437.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.64 %<\/td>\n4.43 %<\/td>\n38,870<\/td>\n3.81<\/td>\n7<\/td>\n0.0955 %<\/td>\n4,105.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0955 %<\/td>\n3,203.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.55 %<\/td>\n-7.28 %<\/td>\n64,331<\/td>\n0.09<\/td>\n10<\/td>\n-0.0783 %<\/td>\n3,039.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.27 %<\/td>\n5.34 %<\/td>\n72,650<\/td>\n14.85<\/td>\n25<\/td>\n-0.0772 %<\/td>\n3,283.2<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.49 %<\/td>\n5.73 %<\/td>\n227,239<\/td>\n14.24<\/td>\n66<\/td>\n-0.0740 %<\/td>\n2,153.2<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.17 %<\/td>\n5.28 %<\/td>\n72,152<\/td>\n14.91<\/td>\n27<\/td>\n-0.0219 %<\/td>\n3,226.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n6.09 %<\/td>\n6.32 %<\/td>\n137,312<\/td>\n13.46<\/td>\n2<\/td>\n-0.4375 %<\/td>\n2,529.0<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.09 %<\/td>\n3.42 %<\/td>\n160,584<\/td>\n1.57<\/td>\n20<\/td>\n0.1088 %<\/td>\n2,645.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.94 %<\/td>\n3.89 %<\/td>\n68,156<\/td>\n2.05<\/td>\n3<\/td>\n-0.0137 %<\/td>\n2,721.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.39 %<\/td>\n5.71 %<\/td>\n156,689<\/td>\n14.29<\/td>\n22<\/td>\n0.2711 %<\/td>\n2,181.6<\/td>\n<\/tr>\n<\/table>\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
CCS.PR.C<\/td>\nDeemed-Retractible<\/td>\n-1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 23.07
\nEvaluated at bid price : 23.33
\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n-1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 17.41
\nEvaluated at bid price : 17.41
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 19.38
\nEvaluated at bid price : 19.38
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n-1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 18.82
\nEvaluated at bid price : 18.82
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 19.60
\nEvaluated at bid price : 19.60
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Disc<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 19.46
\nEvaluated at bid price : 19.46
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 13.36
\nEvaluated at bid price : 13.36
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n
BIP.PR.D<\/td>\nFixedReset Disc<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 23.00
\nEvaluated at bid price : 23.30
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 19.91
\nEvaluated at bid price : 19.91
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
SLF.PR.B<\/td>\nDeemed-Retractible<\/td>\n1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 22.82
\nEvaluated at bid price : 23.10
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n1.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 17.67
\nEvaluated at bid price : 17.67
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 18.78
\nEvaluated at bid price : 18.78
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 16.40
\nEvaluated at bid price : 16.40
\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n1.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 19.64
\nEvaluated at bid price : 19.64
\nBid-YTW : 5.48 %<\/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
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n200,455<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 17.36
\nEvaluated at bid price : 17.36
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n112,451<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 19.54
\nEvaluated at bid price : 19.54
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n95,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 18.78
\nEvaluated at bid price : 18.78
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n75,970<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 13.66
\nEvaluated at bid price : 13.66
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n75,321<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 17.26
\nEvaluated at bid price : 17.26
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n73,550<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 15.90
\nEvaluated at bid price : 15.90
\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n
There were 61 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
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 17.93 – 18.50
\nSpot Rate : 0.5700
\nAverage : 0.3930<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 17.93
\nEvaluated at bid price : 17.93
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n

IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.41 – 17.86
\nSpot Rate : 0.4500
\nAverage : 0.2917<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 17.41
\nEvaluated at bid price : 17.41
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n

BAM.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 17.45 – 17.90
\nSpot Rate : 0.4500
\nAverage : 0.3222<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 17.45
\nEvaluated at bid price : 17.45
\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n

BNS.PR.I<\/td>\nFixedReset Disc<\/td>\nQuote: 19.38 – 19.75
\nSpot Rate : 0.3700
\nAverage : 0.2658<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 19.38
\nEvaluated at bid price : 19.38
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n

BAM.PR.K<\/td>\nFloater<\/td>\nQuote: 11.30 – 11.69
\nSpot Rate : 0.3900
\nAverage : 0.2988<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 11.30
\nEvaluated at bid price : 11.30
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n

ELF.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.23 – 22.69
\nSpot Rate : 0.4600
\nAverage : 0.3783<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-12-20
\nMaturity Price : 22.00
\nEvaluated at bid price : 22.23
\nBid-YTW : 5.43 %<\/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-51117","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51117","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=51117"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51117\/revisions"}],"predecessor-version":[{"id":51118,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51117\/revisions\/51118"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}