{"id":47737,"date":"2025-03-11T00:59:00","date_gmt":"2025-03-11T00:59:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=47737"},"modified":"2025-06-19T01:00:04","modified_gmt":"2025-06-19T01:00:04","slug":"march-11-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47737","title":{"rendered":"March 11, 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>\n1.9164 %<\/td>\n2,251.4<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.9164 %<\/td>\n4,382.7<\/td>\n<\/tr>\n
Floater<\/td>\n7.28 %<\/td>\n7.71 %<\/td>\n31,292<\/td>\n11.60<\/td>\n4<\/td>\n1.9164 %<\/td>\n2,525.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.4370 %<\/td>\n3,585.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.86 %<\/td>\n5.11 %<\/td>\n68,894<\/td>\n1.85<\/td>\n9<\/td>\n-0.4370 %<\/td>\n4,281.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.4370 %<\/td>\n3,340.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0962 %<\/td>\n2,957.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.81 %<\/td>\n5.95 %<\/td>\n56,165<\/td>\n13.93<\/td>\n32<\/td>\n-0.0962 %<\/td>\n3,225.4<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.52 %<\/td>\n6.24 %<\/td>\n123,452<\/td>\n13.26<\/td>\n49<\/td>\n0.3849 %<\/td>\n2,826.9<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.73 %<\/td>\n5.80 %<\/td>\n79,861<\/td>\n14.27<\/td>\n21<\/td>\n0.0590 %<\/td>\n3,161.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.52 %<\/td>\n5.63 %<\/td>\n64,523<\/td>\n13.91<\/td>\n4<\/td>\n0.0556 %<\/td>\n3,598.7<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.80 %<\/td>\n5.42 %<\/td>\n169,572<\/td>\n13.86<\/td>\n10<\/td>\n-0.0746 %<\/td>\n2,580.8<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3849 %<\/td>\n2,889.6<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.24 %<\/td>\n5.58 %<\/td>\n72,883<\/td>\n14.23<\/td>\n14<\/td>\n0.8063 %<\/td>\n2,884.2<\/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\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
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-4.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 15.31
\nEvaluated at bid price : 15.31
\nBid-YTW : 6.75 %<\/td>\n<\/tr>\n
PVS.PR.H<\/td>\nSplitShare<\/td>\n-4.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2027-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.85
\nBid-YTW : 7.32 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n-2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 6.76 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n-1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 5.44 %<\/td>\n<\/tr>\n
FFH.PR.K<\/td>\nFixedReset Disc<\/td>\n-1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 23.33
\nEvaluated at bid price : 24.40
\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 20.45
\nEvaluated at bid price : 20.45
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 20.70
\nEvaluated at bid price : 20.70
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 13.66
\nEvaluated at bid price : 13.66
\nBid-YTW : 6.75 %<\/td>\n<\/tr>\n
BN.PR.K<\/td>\nFloater<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 12.12
\nEvaluated at bid price : 12.12
\nBid-YTW : 7.71 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 22.16
\nEvaluated at bid price : 22.73
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 19.70
\nEvaluated at bid price : 19.70
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset Disc<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 23.28
\nEvaluated at bid price : 24.81
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 23.40
\nEvaluated at bid price : 24.30
\nBid-YTW : 6.31 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 22.73
\nEvaluated at bid price : 23.69
\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 20.45
\nEvaluated at bid price : 20.45
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 20.70
\nEvaluated at bid price : 20.70
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 22.02
\nEvaluated at bid price : 22.55
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
ENB.PR.F<\/td>\nFixedReset Disc<\/td>\n1.86 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 6.88 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 18.59
\nEvaluated at bid price : 18.59
\nBid-YTW : 6.87 %<\/td>\n<\/tr>\n
BN.PF.F<\/td>\nFixedReset Disc<\/td>\n3.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 21.66
\nEvaluated at bid price : 22.00
\nBid-YTW : 6.49 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n4.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 23.38
\nEvaluated at bid price : 24.76
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n4.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 21.44
\nEvaluated at bid price : 21.70
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n4.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 16.70
\nEvaluated at bid price : 16.70
\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n
ENB.PR.P<\/td>\nFixedReset Disc<\/td>\n4.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 20.10
\nEvaluated at bid price : 20.10
\nBid-YTW : 6.71 %<\/td>\n<\/tr>\n
ENB.PR.H<\/td>\nFixedReset Disc<\/td>\n5.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 20.53
\nEvaluated at bid price : 20.53
\nBid-YTW : 6.22 %<\/td>\n<\/tr>\n
ENB.PR.D<\/td>\nFixedReset Disc<\/td>\n5.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 18.25
\nEvaluated at bid price : 18.25
\nBid-YTW : 7.05 %<\/td>\n<\/tr>\n
BN.PR.B<\/td>\nFloater<\/td>\n8.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 12.11
\nEvaluated at bid price : 12.11
\nBid-YTW : 7.71 %<\/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
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n531,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 24.00
\nEvaluated at bid price : 24.71
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n130,240<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 22.09
\nEvaluated at bid price : 22.37
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
ENB.PR.T<\/td>\nFixedReset Disc<\/td>\n78,418<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 20.85
\nEvaluated at bid price : 20.85
\nBid-YTW : 6.62 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n78,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 24.07
\nEvaluated at bid price : 24.76
\nBid-YTW : 5.44 %<\/td>\n<\/tr>\n
PVS.PR.M<\/td>\nSplitShare<\/td>\n48,092<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2031-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.10
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n45,781<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 22.06
\nEvaluated at bid price : 22.35
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
There were 16 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
PVS.PR.H<\/td>\nSplitShare<\/td>\nQuote: 23.85 – 24.85
\nSpot Rate : 1.0000
\nAverage : 0.5674<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2027-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.85
\nBid-YTW : 7.32 %<\/td>\n<\/tr>\n

PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.55 – 21.75
\nSpot Rate : 1.2000
\nAverage : 0.8392<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 20.55
\nEvaluated at bid price : 20.55
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n

GWO.PR.S<\/td>\nInsurance Straight<\/td>\nQuote: 22.37 – 23.37
\nSpot Rate : 1.0000
\nAverage : 0.6898<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 22.09
\nEvaluated at bid price : 22.37
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n

PWF.PR.P<\/td>\nFixedReset Disc<\/td>\nQuote: 15.31 – 16.31
\nSpot Rate : 1.0000
\nAverage : 0.7586<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 15.31
\nEvaluated at bid price : 15.31
\nBid-YTW : 6.75 %<\/td>\n<\/tr>\n

PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.20 – 19.89
\nSpot Rate : 0.6900
\nAverage : 0.5223<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n

SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.20 – 20.20
\nSpot Rate : 1.0000
\nAverage : 0.8357<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-11
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 6.03 %<\/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-47737","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47737","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=47737"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47737\/revisions"}],"predecessor-version":[{"id":47738,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47737\/revisions\/47738"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}