June 4, 2025

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices

Values are provisional and are finalized monthly
Index Mean
Current
Yield
(at bid)
Median
YTW
Median
Average
Trading
Value
Median
Mod Dur
(YTW)
Issues Day’s Perf. Index Value
Ratchet 0.00 % 0.00 % 0 0.00 0 -1.0744 % 2,206.7
FixedFloater 0.00 % 0.00 % 0 0.00 0 -1.0744 % 4,295.7
Floater 7.24 % 7.33 % 61,662 12.05 2 -1.0744 % 2,475.6
OpRet 0.00 % 0.00 % 0 0.00 0 -0.0148 % 3,653.8
SplitShare 4.79 % 3.94 % 70,547 2.57 8 -0.0148 % 4,363.4
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.0148 % 3,404.5
Perpetual-Premium 0.00 % 0.00 % 0 0.00 0 0.0537 % 2,949.4
Perpetual-Discount 5.83 % 5.98 % 48,545 13.89 33 0.0537 % 3,216.2
FixedReset Disc 5.62 % 6.21 % 129,228 13.08 46 0.1202 % 2,891.3
Insurance Straight 5.75 % 5.85 % 55,993 14.20 20 0.2104 % 3,147.8
FloatingReset 5.56 % 5.72 % 42,340 14.27 3 1.8207 % 3,689.5
FixedReset Prem 6.07 % 5.07 % 125,309 3.33 12 -0.0740 % 2,613.3
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.1202 % 2,955.5
FixedReset Ins Non 5.17 % 5.66 % 60,627 14.18 14 0.9068 % 2,981.3
Performance Highlights
Issue Index Change Notes
BN.PR.N Perpetual-Discount -8.84 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 18.05
Evaluated at bid price : 18.05
Bid-YTW : 6.72 %
BN.PR.B Floater -3.35 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 11.84
Evaluated at bid price : 11.84
Bid-YTW : 7.49 %
ENB.PR.B FixedReset Disc -3.23 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 18.30
Evaluated at bid price : 18.30
Bid-YTW : 7.21 %
PWF.PR.P FixedReset Disc -2.05 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 16.75
Evaluated at bid price : 16.75
Bid-YTW : 6.51 %
GWO.PR.T Insurance Straight -1.87 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 21.50
Evaluated at bid price : 21.50
Bid-YTW : 6.00 %
GWO.PR.I Insurance Straight -1.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 19.25
Evaluated at bid price : 19.25
Bid-YTW : 5.86 %
ENB.PR.T FixedReset Disc 1.04 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 21.30
Evaluated at bid price : 21.30
Bid-YTW : 6.62 %
BN.PR.Z FixedReset Disc 1.05 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 22.58
Evaluated at bid price : 23.15
Bid-YTW : 6.42 %
MFC.PR.C Insurance Straight 1.24 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 20.40
Evaluated at bid price : 20.40
Bid-YTW : 5.54 %
BN.PR.K Floater 1.26 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 12.10
Evaluated at bid price : 12.10
Bid-YTW : 7.33 %
PWF.PF.A Perpetual-Discount 1.26 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 19.25
Evaluated at bid price : 19.25
Bid-YTW : 5.93 %
ENB.PR.F FixedReset Disc 1.27 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 20.00
Evaluated at bid price : 20.00
Bid-YTW : 6.79 %
ENB.PR.N FixedReset Disc 1.41 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 22.40
Evaluated at bid price : 23.03
Bid-YTW : 6.27 %
CU.PR.F Perpetual-Discount 1.53 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 19.95
Evaluated at bid price : 19.95
Bid-YTW : 5.68 %
MFC.PR.K FixedReset Ins Non 2.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 23.15
Evaluated at bid price : 24.50
Bid-YTW : 5.36 %
IFC.PR.F Insurance Straight 2.17 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 23.24
Evaluated at bid price : 23.50
Bid-YTW : 5.73 %
BN.PR.M Perpetual-Discount 2.34 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 19.70
Evaluated at bid price : 19.70
Bid-YTW : 6.15 %
CU.PR.J Perpetual-Discount 2.90 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 20.60
Evaluated at bid price : 20.60
Bid-YTW : 5.81 %
GWO.PR.S Insurance Straight 4.17 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 22.22
Evaluated at bid price : 22.50
Bid-YTW : 5.83 %
SLF.PR.J FloatingReset 6.43 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 17.55
Evaluated at bid price : 17.55
Bid-YTW : 5.81 %
MFC.PR.I FixedReset Ins Non 6.79 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 23.40
Evaluated at bid price : 24.70
Bid-YTW : 5.76 %
Volume Highlights
Issue Index Shares
Traded
Notes
BN.PF.G FixedReset Disc 82,700 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 21.37
Evaluated at bid price : 21.37
Bid-YTW : 6.72 %
TD.PF.D FixedReset Disc 72,700 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 24.06
Evaluated at bid price : 24.95
Bid-YTW : 5.62 %
ENB.PR.Y FixedReset Disc 63,380 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 19.07
Evaluated at bid price : 19.07
Bid-YTW : 6.92 %
CU.PR.I FixedReset Disc 59,000 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-01
Maturity Price : 25.00
Evaluated at bid price : 25.08
Bid-YTW : 3.93 %
ENB.PF.E FixedReset Disc 47,300 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 19.84
Evaluated at bid price : 19.84
Bid-YTW : 6.94 %
CU.PR.C FixedReset Disc 47,200 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 21.37
Evaluated at bid price : 21.68
Bid-YTW : 6.06 %
There were 14 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
See TMX DataLinx: ‘Last’ != ‘Close’ and the posts linked therein for an idea of why these quotes are so horrible.
Issue Index Quote Data and Yield Notes
FTS.PR.M FixedReset Disc Quote: 22.15 – 24.80
Spot Rate : 2.6500
Average : 1.4510

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 21.77
Evaluated at bid price : 22.15
Bid-YTW : 6.08 %

BN.PR.N Perpetual-Discount Quote: 18.05 – 19.89
Spot Rate : 1.8400
Average : 1.1425

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 18.05
Evaluated at bid price : 18.05
Bid-YTW : 6.72 %

CU.PR.F Perpetual-Discount Quote: 19.95 – 23.88
Spot Rate : 3.9300
Average : 3.3934

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 19.95
Evaluated at bid price : 19.95
Bid-YTW : 5.68 %

TD.PF.D FixedReset Disc Quote: 24.95 – 26.00
Spot Rate : 1.0500
Average : 0.6358

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 24.06
Evaluated at bid price : 24.95
Bid-YTW : 5.62 %

IFC.PR.E Insurance Straight Quote: 23.34 – 24.99
Spot Rate : 1.6500
Average : 1.2526

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 22.94
Evaluated at bid price : 23.34
Bid-YTW : 5.65 %

ENB.PF.G FixedReset Disc Quote: 20.00 – 21.42
Spot Rate : 1.4200
Average : 1.1456

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-04
Maturity Price : 20.00
Evaluated at bid price : 20.00
Bid-YTW : 6.89 %

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