Market Action

February 5, 2026

Sorry this is so late!

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 0.3248 % 2,476.4
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.3248 % 4,695.6
Floater 5.82 % 6.08 % 56,388 13.76 3 0.3248 % 2,706.1
OpRet 0.00 % 0.00 % 0 0.00 0 -0.0393 % 3,671.4
SplitShare 4.76 % 4.52 % 86,195 3.04 5 -0.0393 % 4,384.4
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.0393 % 3,420.9
Perpetual-Premium 5.66 % 5.57 % 587,832 6.78 7 -0.1018 % 3,081.0
Perpetual-Discount 5.57 % 5.64 % 50,752 14.42 27 -0.1956 % 3,401.5
FixedReset Disc 5.93 % 5.98 % 108,789 13.76 28 -0.0874 % 3,176.9
Insurance Straight 5.46 % 5.56 % 68,053 14.50 22 -0.0276 % 3,329.5
FloatingReset 0.00 % 0.00 % 0 0.00 0 -0.0874 % 3,779.3
FixedReset Prem 5.97 % 4.34 % 83,801 2.53 20 0.0672 % 2,655.6
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 -0.0874 % 3,247.4
FixedReset Ins Non 5.28 % 5.47 % 75,717 14.44 14 -0.1440 % 3,130.5
Performance Highlights
Issue Index Change Notes
MFC.PR.F FixedReset Ins Non -1.84 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 18.65
Evaluated at bid price : 18.65
Bid-YTW : 5.83 %
IFC.PR.K Insurance Straight -1.81 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 22.88
Evaluated at bid price : 23.27
Bid-YTW : 5.70 %
IFC.PR.I Insurance Straight -1.43 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 23.81
Evaluated at bid price : 24.10
Bid-YTW : 5.66 %
MFC.PR.K FixedReset Ins Non -1.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 23.57
Evaluated at bid price : 25.35
Bid-YTW : 5.27 %
PWF.PR.P FixedReset Disc -1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 19.64
Evaluated at bid price : 19.64
Bid-YTW : 5.85 %
IFC.PR.F Insurance Straight -1.04 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 23.63
Evaluated at bid price : 23.90
Bid-YTW : 5.61 %
CU.PR.J Perpetual-Discount 2.79 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 21.30
Evaluated at bid price : 21.30
Bid-YTW : 5.59 %
GWO.PR.L Insurance Straight 3.73 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 24.83
Evaluated at bid price : 25.05
Bid-YTW : 5.71 %
Volume Highlights
Issue Index Shares
Traded
Notes
GWO.PR.T Insurance Straight 82,882 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 23.11
Evaluated at bid price : 23.40
Bid-YTW : 5.56 %
GWO.PR.N FixedReset Ins Non 51,650 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 18.41
Evaluated at bid price : 18.41
Bid-YTW : 5.78 %
BN.PF.G FixedReset Disc 51,500 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 22.99
Evaluated at bid price : 24.40
Bid-YTW : 5.90 %
ENB.PR.T FixedReset Disc 30,450 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 22.69
Evaluated at bid price : 23.51
Bid-YTW : 6.08 %
ENB.PR.F FixedReset Disc 19,651 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 21.65
Evaluated at bid price : 22.08
Bid-YTW : 6.30 %
ENB.PR.P FixedReset Disc 16,400 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 22.18
Evaluated at bid price : 22.61
Bid-YTW : 6.24 %
There were 5 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.S Insurance Straight Quote: 23.87 – 24.75
Spot Rate : 0.8800
Average : 0.5364

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 23.60
Evaluated at bid price : 23.87
Bid-YTW : 5.56 %

GWO.PR.Z Insurance Straight Quote: 25.25 – 26.25
Spot Rate : 1.0000
Average : 0.6907

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2034-09-30
Maturity Price : 25.00
Evaluated at bid price : 25.25
Bid-YTW : 5.68 %

IFC.PR.A FixedReset Ins Non Quote: 21.75 – 22.50
Spot Rate : 0.7500
Average : 0.4954

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 21.42
Evaluated at bid price : 21.75
Bid-YTW : 5.44 %

IFC.PR.K Insurance Straight Quote: 23.27 – 24.07
Spot Rate : 0.8000
Average : 0.5658

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 22.88
Evaluated at bid price : 23.27
Bid-YTW : 5.70 %

FTS.PR.H FixedReset Disc Quote: 19.36 – 19.99
Spot Rate : 0.6300
Average : 0.4601

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 19.36
Evaluated at bid price : 19.36
Bid-YTW : 5.71 %

GWO.PR.R Insurance Straight Quote: 21.83 – 22.35
Spot Rate : 0.5200
Average : 0.3726

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-02-05
Maturity Price : 21.57
Evaluated at bid price : 21.83
Bid-YTW : 5.56 %

Leave a Reply