{"id":47749,"date":"2025-03-19T01:06:00","date_gmt":"2025-03-19T01:06:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=47749"},"modified":"2025-06-19T01:07:32","modified_gmt":"2025-06-19T01:07:32","slug":"march-19-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47749","title":{"rendered":"March 19, 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-0.0816 %<\/td>\n2,205.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0816 %<\/td>\n4,293.3<\/td>\n<\/tr>\n
Floater<\/td>\n7.08 %<\/td>\n7.38 %<\/td>\n31,361<\/td>\n12.14<\/td>\n4<\/td>\n-0.0816 %<\/td>\n2,474.2<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1289 %<\/td>\n3,607.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.84 %<\/td>\n4.93 %<\/td>\n69,301<\/td>\n1.85<\/td>\n9<\/td>\n-0.1289 %<\/td>\n4,308.2<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1289 %<\/td>\n3,361.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4429 %<\/td>\n2,981.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.76 %<\/td>\n5.91 %<\/td>\n58,066<\/td>\n13.97<\/td>\n32<\/td>\n0.4429 %<\/td>\n3,251.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.56 %<\/td>\n6.35 %<\/td>\n128,628<\/td>\n13.11<\/td>\n49<\/td>\n-0.1686 %<\/td>\n2,808.4<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.69 %<\/td>\n5.71 %<\/td>\n76,427<\/td>\n14.37<\/td>\n21<\/td>\n0.7116 %<\/td>\n3,183.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.52 %<\/td>\n5.53 %<\/td>\n55,942<\/td>\n14.13<\/td>\n4<\/td>\n-0.0449 %<\/td>\n3,558.0<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.80 %<\/td>\n5.45 %<\/td>\n169,851<\/td>\n13.90<\/td>\n10<\/td>\n0.0314 %<\/td>\n2,582.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1686 %<\/td>\n2,870.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.25 %<\/td>\n5.68 %<\/td>\n73,263<\/td>\n14.13<\/td>\n14<\/td>\n0.1880 %<\/td>\n2,881.0<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n-10.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 20.75
\nEvaluated at bid price : 20.75
\nBid-YTW : 7.18 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n-3.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Disc<\/td>\n-1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 19.94
\nEvaluated at bid price : 19.94
\nBid-YTW : 6.96 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n-1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 22.35
\nEvaluated at bid price : 22.99
\nBid-YTW : 6.35 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
GWO.PR.M<\/td>\nInsurance Straight<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 24.51
\nEvaluated at bid price : 24.76
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 19.70
\nEvaluated at bid price : 19.70
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
ENB.PR.N<\/td>\nFixedReset Disc<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 22.05
\nEvaluated at bid price : 22.50
\nBid-YTW : 6.38 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 22.99
\nEvaluated at bid price : 24.10
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 23.27
\nEvaluated at bid price : 23.57
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 21.81
\nEvaluated at bid price : 22.05
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
IFC.PR.K<\/td>\nInsurance Straight<\/td>\n1.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 22.86
\nEvaluated at bid price : 23.20
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n2.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 22.89
\nEvaluated at bid price : 23.30
\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n4.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 19.46
\nEvaluated at bid price : 19.46
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n7.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 22.33
\nEvaluated at bid price : 22.60
\nBid-YTW : 5.76 %<\/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.M<\/td>\nFixedReset Prem<\/td>\n218,300<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.97
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n
ENB.PR.Y<\/td>\nFixedReset Disc<\/td>\n93,757<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 18.78
\nEvaluated at bid price : 18.78
\nBid-YTW : 6.95 %<\/td>\n<\/tr>\n
PVS.PR.M<\/td>\nSplitShare<\/td>\n62,080<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2031-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.95
\nBid-YTW : 5.25 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n51,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 23.87
\nEvaluated at bid price : 24.80
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n51,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 24.14
\nEvaluated at bid price : 24.82
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n46,575<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 23.99
\nEvaluated at bid price : 24.59
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
There were 13 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
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.01 – 23.88
\nSpot Rate : 3.8700
\nAverage : 2.6457<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 20.01
\nEvaluated at bid price : 20.01
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n

BIP.PR.E<\/td>\nFixedReset Disc<\/td>\nQuote: 20.75 – 23.74
\nSpot Rate : 2.9900
\nAverage : 2.0030<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 20.75
\nEvaluated at bid price : 20.75
\nBid-YTW : 7.18 %<\/td>\n<\/tr>\n

BN.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 19.94 – 21.80
\nSpot Rate : 1.8600
\nAverage : 1.3764<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 19.94
\nEvaluated at bid price : 19.94
\nBid-YTW : 6.96 %<\/td>\n<\/tr>\n

SLF.PR.D<\/td>\nInsurance Straight<\/td>\nQuote: 19.80 – 21.00
\nSpot Rate : 1.2000
\nAverage : 0.9099<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n

BN.PF.A<\/td>\nFixedReset Disc<\/td>\nQuote: 23.30 – 24.40
\nSpot Rate : 1.1000
\nAverage : 0.9074<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 22.55
\nEvaluated at bid price : 23.30
\nBid-YTW : 6.30 %<\/td>\n<\/tr>\n

MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\nQuote: 22.54 – 23.60
\nSpot Rate : 1.0600
\nAverage : 0.8697<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-19
\nMaturity Price : 22.04
\nEvaluated at bid price : 22.54
\nBid-YTW : 5.68 %<\/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-47749","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47749","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=47749"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47749\/revisions"}],"predecessor-version":[{"id":47750,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47749\/revisions\/47750"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}