Market Action

March 30, 2026

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 0.1737 % 2,489.3
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.1737 % 4,720.1
Floater 5.79 % 5.98 % 60,006 13.98 3 0.1737 % 2,720.2
OpRet 0.00 % 0.00 % 0 0.00 0 0.1581 % 3,656.1
SplitShare 4.78 % 4.69 % 76,065 2.93 5 0.1581 % 4,366.1
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.1581 % 3,406.6
Perpetual-Premium 5.80 % 5.87 % 74,476 14.13 7 -0.1386 % 3,016.3
Perpetual-Discount 5.80 % 5.86 % 44,841 14.03 28 -0.0230 % 3,260.6
FixedReset Disc 5.95 % 6.20 % 108,799 13.62 27 0.8215 % 3,162.4
Insurance Straight 5.77 % 5.81 % 61,877 14.18 22 -1.0955 % 3,152.0
FloatingReset 0.00 % 0.00 % 0 0.00 0 0.8215 % 3,762.1
FixedReset Prem 6.01 % 4.86 % 90,206 2.66 21 0.4555 % 2,638.4
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.8215 % 3,232.7
FixedReset Ins Non 5.27 % 5.65 % 74,006 14.28 14 0.6529 % 3,138.7
Performance Highlights
Issue Index Change Notes
IFC.PR.I Insurance Straight -7.70 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 21.80
Evaluated at bid price : 22.06
Bid-YTW : 6.15 %
GWO.PR.S Insurance Straight -5.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 21.29
Evaluated at bid price : 21.56
Bid-YTW : 6.12 %
FTS.PR.F Perpetual-Discount -3.49 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 21.00
Evaluated at bid price : 21.00
Bid-YTW : 5.91 %
IFC.PR.E Insurance Straight -3.04 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 22.07
Evaluated at bid price : 22.30
Bid-YTW : 5.86 %
GWO.PR.T Insurance Straight -2.64 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 21.50
Evaluated at bid price : 21.76
Bid-YTW : 5.94 %
CU.PR.J Perpetual-Discount -2.37 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 20.20
Evaluated at bid price : 20.20
Bid-YTW : 5.95 %
GWO.PR.P Insurance Straight -1.88 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 22.71
Evaluated at bid price : 22.95
Bid-YTW : 5.91 %
GWO.PR.I Insurance Straight -1.41 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 19.60
Evaluated at bid price : 19.60
Bid-YTW : 5.78 %
PWF.PR.Z Perpetual-Discount -1.40 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 21.54
Evaluated at bid price : 21.80
Bid-YTW : 6.00 %
IFC.PR.K Insurance Straight -1.09 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 22.36
Evaluated at bid price : 22.67
Bid-YTW : 5.81 %
SLF.PR.E Insurance Straight -1.07 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 20.36
Evaluated at bid price : 20.36
Bid-YTW : 5.56 %
CU.PR.C FixedReset Disc 1.04 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 23.85
Evaluated at bid price : 24.30
Bid-YTW : 5.71 %
FTS.PR.H FixedReset Disc 1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 19.94
Evaluated at bid price : 19.94
Bid-YTW : 5.68 %
CIU.PR.A Perpetual-Discount 1.11 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 20.00
Evaluated at bid price : 20.00
Bid-YTW : 5.82 %
SLF.PR.G FixedReset Ins Non 1.18 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 19.73
Evaluated at bid price : 19.73
Bid-YTW : 5.69 %
GWO.PR.R Insurance Straight 1.18 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 20.55
Evaluated at bid price : 20.55
Bid-YTW : 5.88 %
ENB.PR.J FixedReset Disc 1.18 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 22.48
Evaluated at bid price : 23.06
Bid-YTW : 6.30 %
MFC.PR.B Insurance Straight 1.48 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 21.31
Evaluated at bid price : 21.31
Bid-YTW : 5.50 %
MFC.PR.F FixedReset Ins Non 1.48 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 19.89
Evaluated at bid price : 19.89
Bid-YTW : 5.71 %
BN.PF.B FixedReset Disc 1.61 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 22.99
Evaluated at bid price : 24.03
Bid-YTW : 6.06 %
ENB.PR.D FixedReset Disc 1.67 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 21.35
Evaluated at bid price : 21.35
Bid-YTW : 6.52 %
GWO.PR.N FixedReset Ins Non 1.70 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 18.51
Evaluated at bid price : 18.51
Bid-YTW : 5.89 %
BN.PF.E FixedReset Disc 2.22 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 22.34
Evaluated at bid price : 23.00
Bid-YTW : 6.05 %
ENB.PR.Y FixedReset Disc 2.44 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 21.40
Evaluated at bid price : 21.40
Bid-YTW : 6.46 %
CU.PR.F Perpetual-Discount 2.93 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 20.00
Evaluated at bid price : 20.00
Bid-YTW : 5.70 %
ENB.PF.G FixedReset Disc 3.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 22.21
Evaluated at bid price : 22.83
Bid-YTW : 6.36 %
ENB.PR.H FixedReset Disc 3.14 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 22.51
Evaluated at bid price : 23.00
Bid-YTW : 5.91 %
ENB.PF.A FixedReset Disc 3.73 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 22.26
Evaluated at bid price : 22.82
Bid-YTW : 6.37 %
IFC.PR.C FixedReset Ins Non 3.92 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 24.00
Evaluated at bid price : 24.65
Bid-YTW : 5.80 %
CU.PR.H Perpetual-Discount 4.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 23.03
Evaluated at bid price : 23.30
Bid-YTW : 5.69 %
BIP.PR.E FixedReset Prem 5.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 23.67
Evaluated at bid price : 25.23
Bid-YTW : 6.11 %
Volume Highlights
Issue Index Shares
Traded
Notes
ENB.PF.C FixedReset Disc 32,900 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 22.06
Evaluated at bid price : 22.53
Bid-YTW : 6.38 %
IFC.PR.A FixedReset Ins Non 21,500 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 21.80
Evaluated at bid price : 22.30
Bid-YTW : 5.44 %
SLF.PR.E Insurance Straight 20,500 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 20.36
Evaluated at bid price : 20.36
Bid-YTW : 5.56 %
MFC.PR.B Insurance Straight 19,100 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 21.31
Evaluated at bid price : 21.31
Bid-YTW : 5.50 %
BN.PR.K Floater 16,300 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 13.12
Evaluated at bid price : 13.12
Bid-YTW : 5.98 %
GWO.PR.N FixedReset Ins Non 16,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 18.51
Evaluated at bid price : 18.51
Bid-YTW : 5.89 %
There were 3 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
IFC.PR.I Insurance Straight Quote: 22.06 – 24.54
Spot Rate : 2.4800
Average : 1.4952

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 21.80
Evaluated at bid price : 22.06
Bid-YTW : 6.15 %

POW.PR.B Perpetual-Discount Quote: 23.10 – 24.80
Spot Rate : 1.7000
Average : 1.3173

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 22.82
Evaluated at bid price : 23.10
Bid-YTW : 5.80 %

SLF.PR.E Insurance Straight Quote: 20.36 – 21.45
Spot Rate : 1.0900
Average : 0.7734

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 20.36
Evaluated at bid price : 20.36
Bid-YTW : 5.56 %

POW.PR.A Perpetual-Discount Quote: 23.25 – 24.70
Spot Rate : 1.4500
Average : 1.1862

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 22.98
Evaluated at bid price : 23.25
Bid-YTW : 6.03 %

PWF.PR.P FixedReset Disc Quote: 20.30 – 21.06
Spot Rate : 0.7600
Average : 0.5063

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 20.30
Evaluated at bid price : 20.30
Bid-YTW : 5.88 %

FTS.PR.F Perpetual-Discount Quote: 21.00 – 21.74
Spot Rate : 0.7400
Average : 0.5090

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-03-30
Maturity Price : 21.00
Evaluated at bid price : 21.00
Bid-YTW : 5.91 %

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