Market Action

March 6, 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 0.6191 % 2,493.6
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.6191 % 4,728.2
Floater 5.81 % 5.94 % 25,787 14.01 4 0.6191 % 2,724.9
OpRet 0.00 % 0.00 % 0 0.00 0 -0.0632 % 3,653.2
SplitShare 4.78 % 4.51 % 71,751 2.91 5 -0.0632 % 4,362.7
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.0632 % 3,403.9
Perpetual-Premium 5.84 % 5.95 % 54,987 13.87 1 0.1984 % 3,031.7
Perpetual-Discount 5.76 % 5.80 % 51,133 14.19 34 0.0183 % 3,289.0
FixedReset Disc 5.88 % 6.12 % 102,027 13.67 27 0.3237 % 3,201.1
Insurance Straight 5.66 % 5.77 % 64,566 14.26 22 0.7924 % 3,211.7
FloatingReset 0.00 % 0.00 % 0 0.00 0 0.3237 % 3,808.1
FixedReset Prem 6.01 % 4.53 % 87,814 2.41 21 0.2176 % 2,642.4
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.3237 % 3,272.2
FixedReset Ins Non 5.27 % 5.48 % 81,043 14.27 14 -0.0398 % 3,138.2
Performance Highlights
Issue Index Change Notes
SLF.PR.H FixedReset Ins Non -2.94 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 21.92
Evaluated at bid price : 22.45
Bid-YTW : 5.81 %
IFC.PR.E Insurance Straight -2.84 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 21.96
Evaluated at bid price : 22.20
Bid-YTW : 5.89 %
GWO.PR.N FixedReset Ins Non -1.73 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 18.20
Evaluated at bid price : 18.20
Bid-YTW : 5.98 %
ENB.PR.B FixedReset Disc -1.47 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 21.43
Evaluated at bid price : 21.43
Bid-YTW : 6.49 %
PWF.PR.S Perpetual-Discount -1.19 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 20.80
Evaluated at bid price : 20.80
Bid-YTW : 5.89 %
GWO.PR.M Insurance Straight 1.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 24.68
Evaluated at bid price : 25.00
Bid-YTW : 5.83 %
GWO.PR.Q Insurance Straight 1.04 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 22.06
Evaluated at bid price : 22.35
Bid-YTW : 5.79 %
MFC.PR.B Insurance Straight 1.16 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 21.59
Evaluated at bid price : 21.85
Bid-YTW : 5.36 %
PWF.PR.A Floater 1.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 14.17
Evaluated at bid price : 14.17
Bid-YTW : 5.59 %
MFC.PR.M FixedReset Ins Non 1.47 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 23.24
Evaluated at bid price : 24.87
Bid-YTW : 5.48 %
MFC.PR.F FixedReset Ins Non 1.53 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 19.90
Evaluated at bid price : 19.90
Bid-YTW : 5.69 %
ENB.PF.E FixedReset Disc 1.69 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 22.24
Evaluated at bid price : 22.85
Bid-YTW : 6.26 %
BN.PR.Z FixedReset Prem 3.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 23.56
Evaluated at bid price : 24.75
Bid-YTW : 6.13 %
GWO.PR.T Insurance Straight 3.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 22.16
Evaluated at bid price : 22.44
Bid-YTW : 5.77 %
ENB.PF.C FixedReset Disc 3.23 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 22.17
Evaluated at bid price : 22.71
Bid-YTW : 6.32 %
NA.PR.I FixedReset Prem 3.33 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2029-05-01
Maturity Price : 25.00
Evaluated at bid price : 26.35
Bid-YTW : 5.28 %
GWO.PR.S Insurance Straight 5.52 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 22.49
Evaluated at bid price : 22.75
Bid-YTW : 5.80 %
IFC.PR.I Insurance Straight 8.66 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 23.68
Evaluated at bid price : 23.97
Bid-YTW : 5.66 %
Volume Highlights
Issue Index Shares
Traded
Notes
SLF.PR.D Insurance Straight 118,356 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 20.50
Evaluated at bid price : 20.50
Bid-YTW : 5.47 %
PWF.PR.P FixedReset Disc 50,583 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 20.30
Evaluated at bid price : 20.30
Bid-YTW : 5.87 %
PWF.PR.O Perpetual-Discount 20,450 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 24.52
Evaluated at bid price : 24.77
Bid-YTW : 5.96 %
PWF.PR.E Perpetual-Discount 13,547 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 23.39
Evaluated at bid price : 23.68
Bid-YTW : 5.91 %
CU.PR.K Perpetual-Discount 11,600 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 24.41
Evaluated at bid price : 24.80
Bid-YTW : 5.70 %
GWO.PR.G Insurance Straight 11,200 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 22.28
Evaluated at bid price : 22.55
Bid-YTW : 5.80 %
There were 1 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: 22.44 – 25.00
Spot Rate : 2.5600
Average : 1.6680

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 22.16
Evaluated at bid price : 22.44
Bid-YTW : 5.77 %

PWF.PR.Z Perpetual-Discount Quote: 22.18 – 23.40
Spot Rate : 1.2200
Average : 0.7233

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 21.94
Evaluated at bid price : 22.18
Bid-YTW : 5.91 %

SLF.PR.H FixedReset Ins Non Quote: 22.45 – 23.73
Spot Rate : 1.2800
Average : 0.8497

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 21.92
Evaluated at bid price : 22.45
Bid-YTW : 5.81 %

IFC.PR.E Insurance Straight Quote: 22.20 – 23.50
Spot Rate : 1.3000
Average : 0.9010

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-04-06
Maturity Price : 21.96
Evaluated at bid price : 22.20
Bid-YTW : 5.89 %

BN.PF.J FixedReset Prem Quote: 25.20 – 25.90
Spot Rate : 0.7000
Average : 0.4092

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2027-12-31
Maturity Price : 25.00
Evaluated at bid price : 25.20
Bid-YTW : 5.84 %

NA.PR.K FixedReset Prem Quote: 28.20 – 29.00
Spot Rate : 0.8000
Average : 0.5579

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2029-05-01
Maturity Price : 25.00
Evaluated at bid price : 28.20
Bid-YTW : 3.72 %

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