{"id":47743,"date":"2025-03-14T01:03:00","date_gmt":"2025-03-14T01:03:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=47743"},"modified":"2025-06-19T01:03:36","modified_gmt":"2025-06-19T01:03:36","slug":"march-14-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47743","title":{"rendered":"March 14, 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-0.5276 %<\/td>\n2,207.7<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.5276 %<\/td>\n4,297.6<\/td>\n<\/tr>\n
Floater<\/td>\n7.07 %<\/td>\n7.35 %<\/td>\n29,891<\/td>\n12.19<\/td>\n4<\/td>\n-0.5276 %<\/td>\n2,476.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0312 %<\/td>\n3,607.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.83 %<\/td>\n4.90 %<\/td>\n65,702<\/td>\n1.86<\/td>\n9<\/td>\n0.0312 %<\/td>\n4,308.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0312 %<\/td>\n3,361.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1315 %<\/td>\n2,964.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.79 %<\/td>\n5.92 %<\/td>\n56,275<\/td>\n13.96<\/td>\n32<\/td>\n0.1315 %<\/td>\n3,232.2<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.58 %<\/td>\n6.37 %<\/td>\n131,379<\/td>\n13.16<\/td>\n49<\/td>\n-0.4281 %<\/td>\n2,798.7<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.73 %<\/td>\n5.77 %<\/td>\n77,538<\/td>\n14.28<\/td>\n21<\/td>\n-0.1832 %<\/td>\n3,157.6<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.51 %<\/td>\n5.52 %<\/td>\n62,355<\/td>\n14.18<\/td>\n4<\/td>\n6.4597 %<\/td>\n3,563.2<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.81 %<\/td>\n5.48 %<\/td>\n172,561<\/td>\n13.83<\/td>\n10<\/td>\n-0.0393 %<\/td>\n2,579.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.4281 %<\/td>\n2,860.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.41 %<\/td>\n5.72 %<\/td>\n72,995<\/td>\n14.05<\/td>\n14<\/td>\n0.4864 %<\/td>\n2,792.0<\/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\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-12.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 17.79
\nEvaluated at bid price : 17.79
\nBid-YTW : 7.79 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n-4.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 17.55
\nEvaluated at bid price : 17.55
\nBid-YTW : 7.40 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-3.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 19.19
\nEvaluated at bid price : 19.19
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n
GWO.PR.L<\/td>\nInsurance Straight<\/td>\n-1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 23.53
\nEvaluated at bid price : 23.80
\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 20.85
\nEvaluated at bid price : 20.85
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 22.93
\nEvaluated at bid price : 23.99
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
BN.PR.X<\/td>\nFixedReset Disc<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 16.71
\nEvaluated at bid price : 16.71
\nBid-YTW : 6.81 %<\/td>\n<\/tr>\n
BN.PR.K<\/td>\nFloater<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 11.72
\nEvaluated at bid price : 11.72
\nBid-YTW : 7.43 %<\/td>\n<\/tr>\n
FFH.PR.K<\/td>\nFixedReset Disc<\/td>\n1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 23.31
\nEvaluated at bid price : 24.35
\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n
PWF.PR.R<\/td>\nPerpetual-Discount<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 23.06
\nEvaluated at bid price : 23.32
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 20.86
\nEvaluated at bid price : 20.86
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
FFH.PR.H<\/td>\nFloatingReset<\/td>\n1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 23.39
\nEvaluated at bid price : 23.70
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
ENB.PF.K<\/td>\nFixedReset Disc<\/td>\n1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 22.91
\nEvaluated at bid price : 23.85
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
BN.PF.I<\/td>\nFixedReset Disc<\/td>\n1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 23.58
\nEvaluated at bid price : 23.90
\nBid-YTW : 6.71 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 23.17
\nEvaluated at bid price : 24.45
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n
BN.PF.J<\/td>\nFixedReset Disc<\/td>\n1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 22.86
\nEvaluated at bid price : 23.70
\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 20.87
\nEvaluated at bid price : 20.87
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
IFC.PR.K<\/td>\nInsurance Straight<\/td>\n1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 21.36
\nEvaluated at bid price : 21.65
\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n
ENB.PR.H<\/td>\nFixedReset Disc<\/td>\n1.75 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 20.35
\nEvaluated at bid price : 20.35
\nBid-YTW : 6.38 %<\/td>\n<\/tr>\n
BN.PR.C<\/td>\nFloater<\/td>\n1.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 11.85
\nEvaluated at bid price : 11.85
\nBid-YTW : 7.35 %<\/td>\n<\/tr>\n
BN.PR.B<\/td>\nFloater<\/td>\n1.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 11.80
\nEvaluated at bid price : 11.80
\nBid-YTW : 7.38 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n2.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 22.76
\nEvaluated at bid price : 23.58
\nBid-YTW : 6.25 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n2.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 6.19 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n3.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 23.32
\nEvaluated at bid price : 24.60
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n3.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 21.99
\nEvaluated at bid price : 22.50
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
FFH.PR.F<\/td>\nFloatingReset<\/td>\n32.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.95
\nBid-YTW : 4.58 %<\/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
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n86,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 20.70
\nEvaluated at bid price : 20.70
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n67,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 22.44
\nEvaluated at bid price : 22.70
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n52,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 21.86
\nEvaluated at bid price : 22.25
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\n42,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 21.32
\nEvaluated at bid price : 21.32
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n33,732<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 23.03
\nEvaluated at bid price : 24.55
\nBid-YTW : 5.03 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Prem<\/td>\n30,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 23.43
\nEvaluated at bid price : 25.21
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n
There were 7 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 : 7.6682<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 12.75
\nEvaluated at bid price : 12.75
\nBid-YTW : 9.14 %<\/td>\n<\/tr>\n

BN.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 17.79 – 20.68
\nSpot Rate : 2.8900
\nAverage : 2.1302<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 17.79
\nEvaluated at bid price : 17.79
\nBid-YTW : 7.79 %<\/td>\n<\/tr>\n

MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\nQuote: 16.24 – 17.35
\nSpot Rate : 1.1100
\nAverage : 0.6370<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 16.24
\nEvaluated at bid price : 16.24
\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n

ENB.PR.B<\/td>\nFixedReset Disc<\/td>\nQuote: 17.55 – 18.68
\nSpot Rate : 1.1300
\nAverage : 0.7745<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 17.55
\nEvaluated at bid price : 17.55
\nBid-YTW : 7.40 %<\/td>\n<\/tr>\n

IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.19 – 20.19
\nSpot Rate : 1.0000
\nAverage : 0.6957<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 19.19
\nEvaluated at bid price : 19.19
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n

IFC.PR.E<\/td>\nInsurance Straight<\/td>\nQuote: 23.00 – 23.80
\nSpot Rate : 0.8000
\nAverage : 0.5473<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-14
\nMaturity Price : 22.67
\nEvaluated at bid price : 23.00
\nBid-YTW : 5.65 %<\/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-47743","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47743","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=47743"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47743\/revisions"}],"predecessor-version":[{"id":47744,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47743\/revisions\/47744"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}