{"id":47731,"date":"2025-03-06T00:41:00","date_gmt":"2025-03-06T00:41:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=47731"},"modified":"2025-06-19T00:42:29","modified_gmt":"2025-06-19T00:42:29","slug":"march-6-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47731","title":{"rendered":"March 6, 2025"},"content":{"rendered":"\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices<\/strong>
Values are provisional and are finalized monthly<\/td>\n<\/tr>\n
Index<\/td>\nMean
Current
Yield
(at bid)<\/td>\n		Median
YTW<\/td>\n		Median
Average
Trading
Value<\/td>\n		Median
Mod Dur
(YTW)<\/td>\n		Issues<\/td>\nDay’s Perf.<\/td>\nIndex Value<\/td>\n<\/tr>\n
Ratchet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2180 %<\/td>\n2,267.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2180 %<\/td>\n4,413.4<\/td>\n<\/tr>\n
Floater<\/td>\n7.23 %<\/td>\n7.61 %<\/td>\n30,955<\/td>\n11.72<\/td>\n4<\/td>\n-0.2180 %<\/td>\n2,543.4<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0134 %<\/td>\n3,594.1<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.85 %<\/td>\n5.17 %<\/td>\n63,337<\/td>\n1.88<\/td>\n9<\/td>\n0.0134 %<\/td>\n4,292.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0134 %<\/td>\n3,348.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0057 %<\/td>\n2,962.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.80 %<\/td>\n5.92 %<\/td>\n57,180<\/td>\n13.95<\/td>\n32<\/td>\n0.0057 %<\/td>\n3,230.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.52 %<\/td>\n6.26 %<\/td>\n120,995<\/td>\n13.18<\/td>\n49<\/td>\n-0.5726 %<\/td>\n2,825.7<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.75 %<\/td>\n5.81 %<\/td>\n77,757<\/td>\n14.22<\/td>\n21<\/td>\n-0.2166 %<\/td>\n3,146.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.64 %<\/td>\n5.69 %<\/td>\n59,767<\/td>\n13.74<\/td>\n4<\/td>\n-0.5490 %<\/td>\n3,619.9<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.78 %<\/td>\n5.35 %<\/td>\n164,595<\/td>\n13.87<\/td>\n10<\/td>\n-0.0743 %<\/td>\n2,588.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.5726 %<\/td>\n2,888.4<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.24 %<\/td>\n5.61 %<\/td>\n71,999<\/td>\n14.25<\/td>\n14<\/td>\n0.1809 %<\/td>\n2,886.0<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Disc<\/td>\n-14.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 7.66 %<\/td>\n<\/tr>\n
ENB.PR.H<\/td>\nFixedReset Disc<\/td>\n-4.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 19.51
\nEvaluated at bid price : 19.51
\nBid-YTW : 6.56 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n-3.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-3.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 21.49
\nEvaluated at bid price : 21.79
\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-2.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 6.22 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n-2.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 7.09 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n-2.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 20.86
\nEvaluated at bid price : 20.86
\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n-1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n-1.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 21.49
\nEvaluated at bid price : 21.75
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
BN.PR.Z<\/td>\nFixedReset Disc<\/td>\n-1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 22.17
\nEvaluated at bid price : 22.56
\nBid-YTW : 6.42 %<\/td>\n<\/tr>\n
POW.PR.G<\/td>\nPerpetual-Discount<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 23.36
\nEvaluated at bid price : 23.65
\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n
FFH.PR.J<\/td>\nFloatingReset<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 23.73
\nEvaluated at bid price : 24.10
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 19.60
\nEvaluated at bid price : 19.60
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
GWO.PR.L<\/td>\nInsurance Straight<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 23.53
\nEvaluated at bid price : 23.80
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
POW.PR.C<\/td>\nPerpetual-Discount<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 24.35
\nEvaluated at bid price : 24.66
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
IFC.PR.K<\/td>\nInsurance Straight<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 23.01
\nEvaluated at bid price : 23.36
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n2.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 19.69
\nEvaluated at bid price : 19.69
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n2.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 20.56
\nEvaluated at bid price : 20.56
\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n10.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 16.95
\nEvaluated at bid price : 16.95
\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
Volume Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nShares
Traded<\/td>\n		Notes<\/td>\n<\/tr>\n
PVS.PR.M<\/td>\nSplitShare<\/td>\n211,520<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2031-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.00
\nBid-YTW : 5.17 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n65,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 23.82
\nEvaluated at bid price : 24.41
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Prem<\/td>\n35,788<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.70
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n33,297<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 23.45
\nEvaluated at bid price : 23.71
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n
ENB.PF.E<\/td>\nFixedReset Disc<\/td>\n30,759<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 18.89
\nEvaluated at bid price : 18.89
\nBid-YTW : 7.01 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n30,125<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 23.93
\nEvaluated at bid price : 24.61
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
There were 10 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n
See TMX DataLinx: ‘Last’ != ‘Close’<\/a> and the posts linked therein for an idea of why these quotes are so horrible.<\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nQuote Data and Yield Notes<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 18.00 – 21.10
\nSpot Rate : 3.1000
\nAverage : 1.7566<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 7.66 %<\/td>\n<\/tr>\n

ENB.PR.H<\/td>\nFixedReset Disc<\/td>\nQuote: 19.51 – 20.69
\nSpot Rate : 1.1800
\nAverage : 0.7568<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 19.51
\nEvaluated at bid price : 19.51
\nBid-YTW : 6.56 %<\/td>\n<\/tr>\n

MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\nQuote: 21.79 – 22.79
\nSpot Rate : 1.0000
\nAverage : 0.6703<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 21.49
\nEvaluated at bid price : 21.79
\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n

BIP.PR.A<\/td>\nFixedReset Disc<\/td>\nQuote: 24.16 – 25.00
\nSpot Rate : 0.8400
\nAverage : 0.5631<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 23.26
\nEvaluated at bid price : 24.16
\nBid-YTW : 6.34 %<\/td>\n<\/tr>\n

CCS.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 20.80 – 22.25
\nSpot Rate : 1.4500
\nAverage : 1.1878<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n

CU.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 20.50 – 21.35
\nSpot Rate : 0.8500
\nAverage : 0.6476<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-06
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 6.22 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-47731","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47731"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47731\/revisions"}],"predecessor-version":[{"id":47732,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47731\/revisions\/47732"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}