Market Action

May 5, 2026

The TXPR price index set a new 52-week high today of 704.76, eclipsing the previous mark of 703.72 set on 2026-4-30. ZPR also set a new 52-week high.

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 -0.0491 % 2,501.1
FixedFloater 0.00 % 0.00 % 0 0.00 0 -0.0491 % 4,742.5
Floater 5.74 % 5.93 % 46,246 13.98 3 -0.0491 % 2,733.1
OpRet 0.00 % 0.00 % 0 0.00 0 0.1026 % 3,653.2
SplitShare 4.77 % 4.58 % 60,210 2.84 5 0.1026 % 4,362.7
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.1026 % 3,403.9
Perpetual-Premium 5.77 % 5.75 % 55,572 6.64 3 0.1324 % 3,045.7
Perpetual-Discount 5.63 % 5.71 % 50,291 14.32 30 0.4148 % 3,347.4
FixedReset Disc 5.63 % 6.04 % 102,580 13.58 24 0.8700 % 3,308.9
Insurance Straight 5.51 % 5.57 % 55,315 14.42 22 0.6779 % 3,270.7
FloatingReset 0.00 % 0.00 % 0 0.00 0 0.8700 % 3,936.2
FixedReset Prem 5.97 % 4.31 % 91,920 2.33 24 0.1527 % 2,656.5
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.8700 % 3,382.3
FixedReset Ins Non 5.09 % 5.34 % 74,856 3.25 14 0.0622 % 3,244.0
Performance Highlights
Issue Index Change Notes
IFC.PR.F Insurance Straight -3.26 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 22.93
Evaluated at bid price : 23.17
Bid-YTW : 5.78 %
GWO.PR.P Insurance Straight -1.44 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 23.69
Evaluated at bid price : 24.00
Bid-YTW : 5.68 %
GWO.PR.R Insurance Straight -1.20 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 21.38
Evaluated at bid price : 21.38
Bid-YTW : 5.69 %
CCS.PR.C Insurance Straight 1.09 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 22.98
Evaluated at bid price : 23.25
Bid-YTW : 5.43 %
CU.PR.G Perpetual-Discount 1.34 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 20.47
Evaluated at bid price : 20.47
Bid-YTW : 5.60 %
BN.PR.T FixedReset Disc 1.37 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 21.78
Evaluated at bid price : 22.25
Bid-YTW : 6.22 %
ENB.PR.H FixedReset Disc 1.59 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 23.20
Evaluated at bid price : 24.23
Bid-YTW : 5.76 %
ENB.PF.G FixedReset Disc 1.71 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 22.71
Evaluated at bid price : 23.75
Bid-YTW : 6.26 %
POW.PR.G Perpetual-Discount 2.07 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 24.34
Evaluated at bid price : 24.65
Bid-YTW : 5.73 %
GWO.PR.G Insurance Straight 2.39 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 22.87
Evaluated at bid price : 23.14
Bid-YTW : 5.68 %
ENB.PF.C FixedReset Disc 2.50 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 22.78
Evaluated at bid price : 23.80
Bid-YTW : 6.18 %
POW.PR.D Perpetual-Discount 2.51 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 22.22
Evaluated at bid price : 22.50
Bid-YTW : 5.60 %
ENB.PR.B FixedReset Disc 2.75 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 22.11
Evaluated at bid price : 22.79
Bid-YTW : 6.29 %
MFC.PR.B Insurance Straight 4.52 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 21.70
Evaluated at bid price : 21.95
Bid-YTW : 5.36 %
BN.PR.X FixedReset Disc 9.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 21.35
Evaluated at bid price : 21.35
Bid-YTW : 6.00 %
IFC.PR.I Insurance Straight 11.29 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 24.09
Evaluated at bid price : 24.55
Bid-YTW : 5.55 %
Volume Highlights
Issue Index Shares
Traded
Notes
NA.PR.C FixedReset Prem 86,100 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2027-11-15
Maturity Price : 25.00
Evaluated at bid price : 26.30
Bid-YTW : 3.40 %
TD.PF.I FixedReset Prem 77,100 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2027-10-31
Maturity Price : 25.00
Evaluated at bid price : 26.22
Bid-YTW : 3.00 %
ENB.PR.J FixedReset Disc 22,211 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 23.19
Evaluated at bid price : 24.42
Bid-YTW : 6.09 %
ENB.PR.H FixedReset Disc 18,528 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 23.20
Evaluated at bid price : 24.23
Bid-YTW : 5.76 %
BN.PR.X FixedReset Disc 15,900 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 21.35
Evaluated at bid price : 21.35
Bid-YTW : 6.00 %
ENB.PR.N FixedReset Prem 13,808 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 23.56
Evaluated at bid price : 25.30
Bid-YTW : 6.04 %
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
PWF.PR.L Perpetual-Discount Quote: 22.40 – 23.28
Spot Rate : 0.8800
Average : 0.5579

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 22.12
Evaluated at bid price : 22.40
Bid-YTW : 5.72 %

SLF.PR.G FixedReset Ins Non Quote: 20.50 – 21.30
Spot Rate : 0.8000
Average : 0.5427

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 20.50
Evaluated at bid price : 20.50
Bid-YTW : 5.66 %

IFC.PR.C FixedReset Ins Non Quote: 25.40 – 26.40
Spot Rate : 1.0000
Average : 0.7448

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2026-09-30
Maturity Price : 25.00
Evaluated at bid price : 25.40
Bid-YTW : 0.31 %

SLF.PR.H FixedReset Ins Non Quote: 24.40 – 25.40
Spot Rate : 1.0000
Average : 0.7552

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 23.61
Evaluated at bid price : 24.40
Bid-YTW : 5.54 %

IFC.PR.F Insurance Straight Quote: 23.17 – 24.35
Spot Rate : 1.1800
Average : 0.9536

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 22.93
Evaluated at bid price : 23.17
Bid-YTW : 5.78 %

IFC.PR.M Perpetual-Discount Quote: 24.65 – 25.40
Spot Rate : 0.7500
Average : 0.5437

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-05-05
Maturity Price : 24.27
Evaluated at bid price : 24.65
Bid-YTW : 5.63 %

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