{"id":47739,"date":"2025-03-12T01:00:00","date_gmt":"2025-03-12T01:00:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=47739"},"modified":"2025-06-19T01:01:18","modified_gmt":"2025-06-19T01:01:18","slug":"march-12-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47739","title":{"rendered":"March 12, 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-0.6601 %<\/td>\n2,236.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.6601 %<\/td>\n4,353.7<\/td>\n<\/tr>\n
Floater<\/td>\n7.33 %<\/td>\n7.76 %<\/td>\n30,222<\/td>\n11.54<\/td>\n4<\/td>\n-0.6601 %<\/td>\n2,509.1<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3001 %<\/td>\n3,596.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.85 %<\/td>\n5.02 %<\/td>\n66,155<\/td>\n1.86<\/td>\n9<\/td>\n0.3001 %<\/td>\n4,294.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3001 %<\/td>\n3,350.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3072 %<\/td>\n2,967.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.79 %<\/td>\n5.94 %<\/td>\n55,887<\/td>\n13.93<\/td>\n32<\/td>\n0.3072 %<\/td>\n3,235.3<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.54 %<\/td>\n6.32 %<\/td>\n129,223<\/td>\n13.18<\/td>\n49<\/td>\n-0.3797 %<\/td>\n2,816.1<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.69 %<\/td>\n5.76 %<\/td>\n77,816<\/td>\n14.26<\/td>\n21<\/td>\n0.5456 %<\/td>\n3,179.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.52 %<\/td>\n5.61 %<\/td>\n63,710<\/td>\n13.93<\/td>\n4<\/td>\n0.1555 %<\/td>\n3,604.3<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.80 %<\/td>\n5.41 %<\/td>\n170,931<\/td>\n13.87<\/td>\n10<\/td>\n0.0707 %<\/td>\n2,582.6<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3797 %<\/td>\n2,878.7<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.41 %<\/td>\n5.61 %<\/td>\n74,834<\/td>\n14.20<\/td>\n14<\/td>\n-3.1827 %<\/td>\n2,792.4<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n-33.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 12.75
\nEvaluated at bid price : 12.75
\nBid-YTW : 8.99 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-6.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 22.24
\nEvaluated at bid price : 22.74
\nBid-YTW : 6.00 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n-5.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 17.55
\nEvaluated at bid price : 17.55
\nBid-YTW : 7.29 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n-4.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 20.75
\nEvaluated at bid price : 20.75
\nBid-YTW : 6.24 %<\/td>\n<\/tr>\n
ENB.PR.H<\/td>\nFixedReset Disc<\/td>\n-2.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 6.40 %<\/td>\n<\/tr>\n
ENB.PR.F<\/td>\nFixedReset Disc<\/td>\n-2.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 18.80
\nEvaluated at bid price : 18.80
\nBid-YTW : 7.03 %<\/td>\n<\/tr>\n
FFH.PR.I<\/td>\nFixedReset Disc<\/td>\n-1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 22.88
\nEvaluated at bid price : 23.50
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
BN.PR.K<\/td>\nFloater<\/td>\n-1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 11.95
\nEvaluated at bid price : 11.95
\nBid-YTW : 7.82 %<\/td>\n<\/tr>\n
ENB.PR.N<\/td>\nFixedReset Disc<\/td>\n-1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 21.92
\nEvaluated at bid price : 22.30
\nBid-YTW : 6.35 %<\/td>\n<\/tr>\n
GWO.PR.L<\/td>\nInsurance Straight<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 23.53
\nEvaluated at bid price : 23.80
\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 19.78
\nEvaluated at bid price : 19.78
\nBid-YTW : 6.14 %<\/td>\n<\/tr>\n
ENB.PR.Y<\/td>\nFixedReset Disc<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 18.49
\nEvaluated at bid price : 18.49
\nBid-YTW : 6.96 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 23.02
\nEvaluated at bid price : 24.11
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 19.70
\nEvaluated at bid price : 19.70
\nBid-YTW : 6.69 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 20.85
\nEvaluated at bid price : 20.85
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 21.83
\nEvaluated at bid price : 22.22
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 21.54
\nEvaluated at bid price : 21.80
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 20.22
\nEvaluated at bid price : 20.22
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
ENB.PR.D<\/td>\nFixedReset Disc<\/td>\n1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 18.50
\nEvaluated at bid price : 18.50
\nBid-YTW : 6.95 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 22.44
\nEvaluated at bid price : 22.70
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 20.84
\nEvaluated at bid price : 20.84
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n
PVS.PR.H<\/td>\nSplitShare<\/td>\n1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2027-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.25
\nBid-YTW : 6.42 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n1.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 19.96
\nEvaluated at bid price : 19.96
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n1.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 19.58
\nEvaluated at bid price : 19.58
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n2.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 15.75
\nEvaluated at bid price : 15.75
\nBid-YTW : 6.56 %<\/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
FFH.PR.F<\/td>\nFloatingReset<\/td>\n206,780<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.28
\nBid-YTW : 3.67 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n191,240<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 24.03
\nEvaluated at bid price : 24.73
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
CU.PR.I<\/td>\nFixedReset Disc<\/td>\n140,055<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.75
\nBid-YTW : 6.14 %<\/td>\n<\/tr>\n
ENB.PF.E<\/td>\nFixedReset Disc<\/td>\n114,235<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 18.82
\nEvaluated at bid price : 18.82
\nBid-YTW : 7.05 %<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\n83,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 22.44
\nEvaluated at bid price : 22.70
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Prem<\/td>\n61,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 23.53
\nEvaluated at bid price : 25.80
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
There were 15 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
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\nQuote: 12.75 – 21.25
\nSpot Rate : 8.5000
\nAverage : 4.8441<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 12.75
\nEvaluated at bid price : 12.75
\nBid-YTW : 8.99 %<\/td>\n<\/tr>\n

CU.PR.H<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.70 – 25.00
\nSpot Rate : 2.3000
\nAverage : 1.3125<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 22.44
\nEvaluated at bid price : 22.70
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n

IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 22.74 – 24.30
\nSpot Rate : 1.5600
\nAverage : 0.9950<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 22.24
\nEvaluated at bid price : 22.74
\nBid-YTW : 6.00 %<\/td>\n<\/tr>\n

ENB.PR.B<\/td>\nFixedReset Disc<\/td>\nQuote: 17.55 – 18.57
\nSpot Rate : 1.0200
\nAverage : 0.7078<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 17.55
\nEvaluated at bid price : 17.55
\nBid-YTW : 7.29 %<\/td>\n<\/tr>\n

ENB.PR.F<\/td>\nFixedReset Disc<\/td>\nQuote: 18.80 – 19.65
\nSpot Rate : 0.8500
\nAverage : 0.6163<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 18.80
\nEvaluated at bid price : 18.80
\nBid-YTW : 7.03 %<\/td>\n<\/tr>\n

BN.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 20.50 – 21.85
\nSpot Rate : 1.3500
\nAverage : 1.1406<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-12
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 6.72 %<\/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-47739","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47739","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=47739"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47739\/revisions"}],"predecessor-version":[{"id":47740,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47739\/revisions\/47740"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}