Market Action

June 16, 2026

The SSL situation has been resolved, I think. If anybody’s still getting a ‘certificate problem’ or other peculiar behaviour, please let me know at jiHymas@himivest.com.

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 5.62 % 6.01 % 25,205 14.82 1 0.5169 % 2,611.0
FixedFloater 0.00 % 0.00 % 0 0.00 0 -2.3075 % 4,833.4
Floater 5.63 % 5.70 % 40,481 14.42 3 -2.3075 % 2,785.5
OpRet 0.00 % 0.00 % 0 0.00 0 0.2302 % 3,636.8
SplitShare 4.79 % 4.30 % 50,061 2.75 5 0.2302 % 4,343.1
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.2302 % 3,388.6
Perpetual-Premium 5.69 % 5.73 % 70,934 14.02 7 0.0000 % 3,067.1
Perpetual-Discount 5.59 % 5.67 % 41,449 14.32 28 0.1766 % 3,371.1
FixedReset Disc 5.63 % 5.86 % 130,276 13.92 19 0.1732 % 3,303.1
Insurance Straight 5.48 % 5.53 % 46,334 14.63 22 0.0258 % 3,287.9
FloatingReset 4.64 % 4.65 % 22,808 16.20 1 0.0000 % 4,093.2
FixedReset Prem 5.95 % 4.66 % 90,026 2.25 29 0.0524 % 2,642.5
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.1732 % 3,376.4
FixedReset Ins Non 5.16 % 5.32 % 70,372 14.57 14 -0.4892 % 3,201.6
Performance Highlights
Issue Index Change Notes
PWF.PR.A Floater -3.28 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 14.17
Evaluated at bid price : 14.17
Bid-YTW : 5.57 %
BN.PR.K Floater -2.72 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 13.59
Evaluated at bid price : 13.59
Bid-YTW : 5.76 %
PWF.PR.Z Perpetual-Discount -2.62 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 22.07
Evaluated at bid price : 22.30
Bid-YTW : 5.86 %
IFC.PR.A FixedReset Ins Non -2.48 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 21.60
Evaluated at bid price : 22.00
Bid-YTW : 5.44 %
GWO.PR.N FixedReset Ins Non -1.44 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 19.22
Evaluated at bid price : 19.22
Bid-YTW : 5.60 %
ENB.PF.E FixedReset Disc -1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 22.51
Evaluated at bid price : 23.30
Bid-YTW : 6.07 %
GWO.PR.Q Insurance Straight 1.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 22.74
Evaluated at bid price : 23.03
Bid-YTW : 5.60 %
ENB.PR.D FixedReset Disc 1.16 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 22.31
Evaluated at bid price : 22.66
Bid-YTW : 6.03 %
IFC.PR.E Insurance Straight 1.37 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 23.36
Evaluated at bid price : 23.65
Bid-YTW : 5.50 %
PWF.PF.A Perpetual-Discount 1.39 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 20.38
Evaluated at bid price : 20.38
Bid-YTW : 5.61 %
PWF.PR.F Perpetual-Discount 1.52 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 23.15
Evaluated at bid price : 23.45
Bid-YTW : 5.67 %
BN.PF.D Perpetual-Discount 2.12 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 21.24
Evaluated at bid price : 21.24
Bid-YTW : 5.79 %
CU.PR.E Perpetual-Discount 2.53 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 22.01
Evaluated at bid price : 22.25
Bid-YTW : 5.54 %
Volume Highlights
Issue Index Shares
Traded
Notes
ENB.PR.B FixedReset Disc 25,576 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 22.09
Evaluated at bid price : 22.75
Bid-YTW : 6.01 %
BN.PR.R FixedReset Disc 20,527 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 22.33
Evaluated at bid price : 23.09
Bid-YTW : 5.79 %
MFC.PR.F FixedReset Ins Non 19,400 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 21.01
Evaluated at bid price : 21.01
Bid-YTW : 5.35 %
BN.PF.M FixedReset Prem 18,300 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2031-01-01
Maturity Price : 25.00
Evaluated at bid price : 25.76
Bid-YTW : 4.87 %
PWF.PR.E Perpetual-Discount 17,350 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 24.09
Evaluated at bid price : 24.35
Bid-YTW : 5.72 %
POW.PR.I Perpetual-Premium 16,339 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 24.61
Evaluated at bid price : 25.01
Bid-YTW : 5.73 %
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
IFC.PR.K Insurance Straight Quote: 23.65 – 24.90
Spot Rate : 1.2500
Average : 0.8385

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 23.19
Evaluated at bid price : 23.65
Bid-YTW : 5.55 %

TD.PF.A FixedReset Prem Quote: 25.45 – 26.20
Spot Rate : 0.7500
Average : 0.4464

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2029-10-31
Maturity Price : 25.00
Evaluated at bid price : 25.45
Bid-YTW : 4.62 %

BN.PF.M FixedReset Prem Quote: 25.76 – 26.62
Spot Rate : 0.8600
Average : 0.5982

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2031-01-01
Maturity Price : 25.00
Evaluated at bid price : 25.76
Bid-YTW : 4.87 %

PWF.PR.Z Perpetual-Discount Quote: 22.30 – 23.11
Spot Rate : 0.8100
Average : 0.5889

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 22.07
Evaluated at bid price : 22.30
Bid-YTW : 5.86 %

IFC.PR.A FixedReset Ins Non Quote: 22.00 – 22.81
Spot Rate : 0.8100
Average : 0.6341

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 21.60
Evaluated at bid price : 22.00
Bid-YTW : 5.44 %

SLF.PR.E Insurance Straight Quote: 21.65 – 22.32
Spot Rate : 0.6700
Average : 0.5049

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2056-06-16
Maturity Price : 21.38
Evaluated at bid price : 21.65
Bid-YTW : 5.20 %

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