{"id":47741,"date":"2025-03-13T01:01:00","date_gmt":"2025-03-13T01:01:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=47741"},"modified":"2025-06-19T01:02:15","modified_gmt":"2025-06-19T01:02:15","slug":"march-13-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47741","title":{"rendered":"March 13, 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-0.7652 %<\/td>\n2,219.4<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.7652 %<\/td>\n4,320.4<\/td>\n<\/tr>\n
Floater<\/td>\n7.03 %<\/td>\n7.48 %<\/td>\n30,327<\/td>\n11.86<\/td>\n4<\/td>\n-0.7652 %<\/td>\n2,489.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2902 %<\/td>\n3,606.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.84 %<\/td>\n4.93 %<\/td>\n68,414<\/td>\n1.86<\/td>\n9<\/td>\n0.2902 %<\/td>\n4,307.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2902 %<\/td>\n3,360.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2286 %<\/td>\n2,960.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.80 %<\/td>\n5.94 %<\/td>\n56,234<\/td>\n13.93<\/td>\n32<\/td>\n-0.2286 %<\/td>\n3,227.9<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.55 %<\/td>\n6.34 %<\/td>\n136,800<\/td>\n13.18<\/td>\n49<\/td>\n-0.1920 %<\/td>\n2,810.7<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.72 %<\/td>\n5.77 %<\/td>\n77,715<\/td>\n14.25<\/td>\n21<\/td>\n-0.4949 %<\/td>\n3,163.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.94 %<\/td>\n5.89 %<\/td>\n62,807<\/td>\n13.92<\/td>\n4<\/td>\n-7.1405 %<\/td>\n3,347.0<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.80 %<\/td>\n5.38 %<\/td>\n172,269<\/td>\n14.05<\/td>\n10<\/td>\n-0.0981 %<\/td>\n2,580.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1920 %<\/td>\n2,873.1<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.44 %<\/td>\n5.67 %<\/td>\n73,063<\/td>\n14.15<\/td>\n14<\/td>\n-0.5012 %<\/td>\n2,778.4<\/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\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
FFH.PR.F<\/td>\nFloatingReset<\/td>\n-24.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 6.59 %<\/td>\n<\/tr>\n
BN.PR.N<\/td>\nPerpetual-Discount<\/td>\n-4.90 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 6.39 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-3.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 22.95
\nEvaluated at bid price : 23.80
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-3.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 21.46
\nEvaluated at bid price : 21.74
\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n-2.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 22.48
\nEvaluated at bid price : 23.08
\nBid-YTW : 6.31 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n-1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 19.60
\nEvaluated at bid price : 19.60
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
BN.PR.X<\/td>\nFixedReset Disc<\/td>\n-1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 16.82
\nEvaluated at bid price : 16.82
\nBid-YTW : 6.79 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n-1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 20.49
\nEvaluated at bid price : 20.49
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 20.19
\nEvaluated at bid price : 20.19
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
BN.PR.B<\/td>\nFloater<\/td>\n-1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 11.85
\nEvaluated at bid price : 11.85
\nBid-YTW : 7.50 %<\/td>\n<\/tr>\n
BN.PR.C<\/td>\nFloater<\/td>\n-1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 11.87
\nEvaluated at bid price : 11.87
\nBid-YTW : 7.49 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n-1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 19.95
\nEvaluated at bid price : 19.95
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 21.51
\nEvaluated at bid price : 21.51
\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 20.30
\nEvaluated at bid price : 20.30
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
PWF.PR.R<\/td>\nPerpetual-Discount<\/td>\n-1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 22.74
\nEvaluated at bid price : 23.03
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 6.75 %<\/td>\n<\/tr>\n
BN.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 18.10
\nEvaluated at bid price : 18.10
\nBid-YTW : 6.74 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 23.08
\nEvaluated at bid price : 24.00
\nBid-YTW : 6.39 %<\/td>\n<\/tr>\n
BN.PF.F<\/td>\nFixedReset Disc<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.65
\nBid-YTW : 6.60 %<\/td>\n<\/tr>\n
GWO.PR.L<\/td>\nInsurance Straight<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 23.85
\nEvaluated at bid price : 24.10
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
ENB.PR.F<\/td>\nFixedReset Disc<\/td>\n1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 19.10
\nEvaluated at bid price : 19.10
\nBid-YTW : 6.92 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n
PVS.PR.H<\/td>\nSplitShare<\/td>\n2.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2027-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.90
\nBid-YTW : 4.98 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n4.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 18.35
\nEvaluated at bid price : 18.35
\nBid-YTW : 6.97 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n5.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 22.93
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.64 %<\/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.G<\/td>\nFixedReset Disc<\/td>\n171,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 23.06
\nEvaluated at bid price : 23.80
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n60,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 23.08
\nEvaluated at bid price : 24.00
\nBid-YTW : 6.39 %<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n50,554<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 21.54
\nEvaluated at bid price : 21.90
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n32,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 20.73
\nEvaluated at bid price : 20.73
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
ENB.PF.E<\/td>\nFixedReset Disc<\/td>\n26,353<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 18.85
\nEvaluated at bid price : 18.85
\nBid-YTW : 7.04 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n21,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 6.14 %<\/td>\n<\/tr>\n
There were 5 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
FFH.PR.F<\/td>\nFloatingReset<\/td>\nQuote: 19.00 – 25.31
\nSpot Rate : 6.3100
\nAverage : 3.3118<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 6.59 %<\/td>\n<\/tr>\n

SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\nQuote: 12.75 – 21.25
\nSpot Rate : 8.5000
\nAverage : 6.7562<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 12.75
\nEvaluated at bid price : 12.75
\nBid-YTW : 8.99 %<\/td>\n<\/tr>\n

CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.75 – 23.88
\nSpot Rate : 4.1300
\nAverage : 2.4378<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n

BN.PR.N<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.00 – 20.40
\nSpot Rate : 1.4000
\nAverage : 0.8747<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 6.39 %<\/td>\n<\/tr>\n

BN.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 19.65 – 20.99
\nSpot Rate : 1.3400
\nAverage : 0.9527<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 19.65
\nEvaluated at bid price : 19.65
\nBid-YTW : 6.71 %<\/td>\n<\/tr>\n

TD.PF.J<\/td>\nFixedReset Prem<\/td>\nQuote: 25.17 – 26.17
\nSpot Rate : 1.0000
\nAverage : 0.6281<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-13
\nMaturity Price : 23.42
\nEvaluated at bid price : 25.17
\nBid-YTW : 5.36 %<\/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-47741","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47741","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=47741"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47741\/revisions"}],"predecessor-version":[{"id":47742,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47741\/revisions\/47742"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}