June 9, 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 2.0509 % 2,293.4
FixedFloater 0.00 % 0.00 % 0 0.00 0 2.0509 % 4,464.4
Floater 6.96 % 7.13 % 62,702 12.29 2 2.0509 % 2,572.8
OpRet 0.00 % 0.00 % 0 0.00 0 0.1087 % 3,662.3
SplitShare 4.78 % 3.74 % 71,164 2.56 8 0.1087 % 4,373.6
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.1087 % 3,412.4
Perpetual-Premium 0.00 % 0.00 % 0 0.00 0 -0.2358 % 2,938.5
Perpetual-Discount 5.85 % 5.99 % 48,087 13.84 33 -0.2358 % 3,204.3
FixedReset Disc 5.62 % 6.36 % 128,332 12.86 46 -0.0148 % 2,893.1
Insurance Straight 5.82 % 5.85 % 54,358 14.18 20 -0.3511 % 3,113.4
FloatingReset 5.60 % 5.76 % 45,177 14.27 3 -0.0751 % 3,687.3
FixedReset Prem 6.08 % 5.12 % 118,107 3.32 12 -0.1095 % 2,609.8
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 -0.0148 % 2,957.3
FixedReset Ins Non 5.16 % 5.83 % 65,424 14.02 14 0.3183 % 2,985.1
Performance Highlights
Issue Index Change Notes
BN.PR.N Perpetual-Discount -9.32 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 18.00
Evaluated at bid price : 18.00
Bid-YTW : 6.75 %
PWF.PR.P FixedReset Disc -3.40 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 16.75
Evaluated at bid price : 16.75
Bid-YTW : 6.72 %
GWO.PR.S Insurance Straight -2.70 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 21.33
Evaluated at bid price : 21.60
Bid-YTW : 6.08 %
BN.PR.M Perpetual-Discount -2.62 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 18.55
Evaluated at bid price : 18.55
Bid-YTW : 6.55 %
IFC.PR.F Insurance Straight -2.27 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 22.58
Evaluated at bid price : 22.84
Bid-YTW : 5.91 %
ENB.PR.B FixedReset Disc -1.98 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 18.30
Evaluated at bid price : 18.30
Bid-YTW : 7.38 %
PWF.PR.T FixedReset Disc -1.95 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 22.16
Evaluated at bid price : 22.65
Bid-YTW : 6.03 %
PWF.PR.Z Perpetual-Discount -1.37 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 21.55
Evaluated at bid price : 21.55
Bid-YTW : 6.07 %
BN.PF.B FixedReset Disc -1.25 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 21.80
Evaluated at bid price : 22.15
Bid-YTW : 6.62 %
MFC.PR.J FixedReset Ins Non -1.25 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 23.25
Evaluated at bid price : 24.55
Bid-YTW : 5.75 %
FFH.PR.G FixedReset Disc -1.22 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 23.40
Evaluated at bid price : 24.30
Bid-YTW : 5.67 %
IFC.PR.I Insurance Straight -1.05 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 22.99
Evaluated at bid price : 23.45
Bid-YTW : 5.85 %
GWO.PR.P Insurance Straight 1.07 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 23.32
Evaluated at bid price : 23.60
Bid-YTW : 5.72 %
IFC.PR.A FixedReset Ins Non 1.16 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 21.41
Evaluated at bid price : 21.75
Bid-YTW : 5.51 %
FTS.PR.K FixedReset Disc 1.17 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 21.34
Evaluated at bid price : 21.65
Bid-YTW : 5.96 %
ENB.PR.P FixedReset Disc 1.54 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 20.40
Evaluated at bid price : 20.40
Bid-YTW : 6.92 %
BN.PR.K Floater 1.63 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 12.45
Evaluated at bid price : 12.45
Bid-YTW : 7.13 %
PWF.PR.L Perpetual-Discount 1.79 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 21.33
Evaluated at bid price : 21.60
Bid-YTW : 5.98 %
BN.PR.B Floater 2.47 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 12.43
Evaluated at bid price : 12.43
Bid-YTW : 7.14 %
GWO.PR.N FixedReset Ins Non 2.58 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 16.67
Evaluated at bid price : 16.67
Bid-YTW : 6.29 %
SLF.PR.G FixedReset Ins Non 3.81 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 17.70
Evaluated at bid price : 17.70
Bid-YTW : 6.21 %
ENB.PR.F FixedReset Disc 5.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 20.00
Evaluated at bid price : 20.00
Bid-YTW : 6.94 %
Volume Highlights
Issue Index Shares
Traded
Notes
NA.PR.G FixedReset Prem 301,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 23.66
Evaluated at bid price : 26.16
Bid-YTW : 5.70 %
BN.PR.T FixedReset Disc 102,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 18.73
Evaluated at bid price : 18.73
Bid-YTW : 6.93 %
BN.PR.R FixedReset Disc 100,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 19.02
Evaluated at bid price : 19.02
Bid-YTW : 6.84 %
TD.PF.I FixedReset Prem 51,900 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2027-10-31
Maturity Price : 25.00
Evaluated at bid price : 26.03
Bid-YTW : 4.80 %
BMO.PR.E FixedReset Prem 37,800 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2028-11-25
Maturity Price : 25.00
Evaluated at bid price : 26.19
Bid-YTW : 5.42 %
BN.PR.N Perpetual-Discount 22,900 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 18.00
Evaluated at bid price : 18.00
Bid-YTW : 6.75 %
There were 8 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
GWO.PR.T Insurance Straight Quote: 17.50 – 22.31
Spot Rate : 4.8100
Average : 3.8740

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 17.50
Evaluated at bid price : 17.50
Bid-YTW : 7.39 %

BN.PF.G FixedReset Disc Quote: 21.50 – 23.95
Spot Rate : 2.4500
Average : 1.6275

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 21.50
Evaluated at bid price : 21.50
Bid-YTW : 6.86 %

BN.PR.N Perpetual-Discount Quote: 18.00 – 19.95
Spot Rate : 1.9500
Average : 1.1770

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 18.00
Evaluated at bid price : 18.00
Bid-YTW : 6.75 %

BN.PR.M Perpetual-Discount Quote: 18.55 – 20.00
Spot Rate : 1.4500
Average : 1.1099

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 18.55
Evaluated at bid price : 18.55
Bid-YTW : 6.55 %

CU.PR.H Perpetual-Discount Quote: 22.95 – 24.09
Spot Rate : 1.1400
Average : 0.8194

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 22.71
Evaluated at bid price : 22.95
Bid-YTW : 5.75 %

GWO.PR.L Insurance Straight Quote: 23.80 – 25.00
Spot Rate : 1.2000
Average : 0.9013

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-06-09
Maturity Price : 23.53
Evaluated at bid price : 23.80
Bid-YTW : 5.94 %

Comments

Leave a Reply