{"id":47753,"date":"2025-03-21T01:09:00","date_gmt":"2025-03-21T01:09:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=47753"},"modified":"2025-06-19T01:09:27","modified_gmt":"2025-06-19T01:09:27","slug":"march-21-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47753","title":{"rendered":"March 21, 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-0.0204 %<\/td>\n2,204.1<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0204 %<\/td>\n4,290.6<\/td>\n<\/tr>\n
Floater<\/td>\n7.08 %<\/td>\n7.40 %<\/td>\n30,350<\/td>\n12.12<\/td>\n4<\/td>\n-0.0204 %<\/td>\n2,472.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0134 %<\/td>\n3,600.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.84 %<\/td>\n5.13 %<\/td>\n74,497<\/td>\n1.84<\/td>\n9<\/td>\n0.0134 %<\/td>\n4,299.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0134 %<\/td>\n3,354.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2482 %<\/td>\n2,977.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.77 %<\/td>\n5.91 %<\/td>\n57,721<\/td>\n13.95<\/td>\n32<\/td>\n-0.2482 %<\/td>\n3,247.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.54 %<\/td>\n6.36 %<\/td>\n124,303<\/td>\n13.17<\/td>\n49<\/td>\n0.0019 %<\/td>\n2,814.8<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.70 %<\/td>\n5.71 %<\/td>\n75,649<\/td>\n14.32<\/td>\n21<\/td>\n-0.4173 %<\/td>\n3,177.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.50 %<\/td>\n5.52 %<\/td>\n64,788<\/td>\n14.19<\/td>\n4<\/td>\n0.2695 %<\/td>\n3,569.2<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.80 %<\/td>\n5.41 %<\/td>\n165,999<\/td>\n13.90<\/td>\n10<\/td>\n0.0903 %<\/td>\n2,583.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0019 %<\/td>\n2,877.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.37 %<\/td>\n5.71 %<\/td>\n71,596<\/td>\n14.13<\/td>\n14<\/td>\n-0.0435 %<\/td>\n2,882.9<\/td>\n<\/tr>\n<\/table>\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
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n-7.95 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 19.10
\nEvaluated at bid price : 19.10
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n-2.82 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 22.48
\nEvaluated at bid price : 22.75
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n-2.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 19.54
\nEvaluated at bid price : 19.54
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n-2.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 20.90
\nEvaluated at bid price : 20.90
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
BN.PF.D<\/td>\nPerpetual-Discount<\/td>\n-1.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 20.12
\nEvaluated at bid price : 20.12
\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n
FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n-1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n-1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 19.73
\nEvaluated at bid price : 19.73
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
BIP.PR.B<\/td>\nFixedReset Disc<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 24.08
\nEvaluated at bid price : 24.60
\nBid-YTW : 7.29 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 19.70
\nEvaluated at bid price : 19.70
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Prem<\/td>\n1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 23.62
\nEvaluated at bid price : 26.12
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 22.74
\nEvaluated at bid price : 23.60
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n
ENB.PR.P<\/td>\nFixedReset Disc<\/td>\n1.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 20.02
\nEvaluated at bid price : 20.02
\nBid-YTW : 6.84 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n2.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 6.18 %<\/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>\n211,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 23.98
\nEvaluated at bid price : 24.71
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n
FFH.PR.E<\/td>\nFixedReset Prem<\/td>\n144,100<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.97
\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n124,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 23.93
\nEvaluated at bid price : 24.63
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset Disc<\/td>\n93,280<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 23.35
\nEvaluated at bid price : 24.97
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n86,430<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 22.08
\nEvaluated at bid price : 22.60
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n69,901<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 16.00
\nEvaluated at bid price : 16.00
\nBid-YTW : 6.53 %<\/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
MFC.PR.B<\/td>\nInsurance Straight<\/td>\nQuote: 19.10 – 21.14
\nSpot Rate : 2.0400
\nAverage : 1.2559<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 19.10
\nEvaluated at bid price : 19.10
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n

GWO.PR.Y<\/td>\nInsurance Straight<\/td>\nQuote: 19.85 – 21.00
\nSpot Rate : 1.1500
\nAverage : 0.6634<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 19.85
\nEvaluated at bid price : 19.85
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n

TD.PF.J<\/td>\nFixedReset Prem<\/td>\nQuote: 25.32 – 26.32
\nSpot Rate : 1.0000
\nAverage : 0.6037<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 23.47
\nEvaluated at bid price : 25.32
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n

IFC.PR.F<\/td>\nInsurance Straight<\/td>\nQuote: 22.75 – 23.98
\nSpot Rate : 1.2300
\nAverage : 0.8522<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 22.48
\nEvaluated at bid price : 22.75
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n

IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\nQuote: 21.00 – 22.55
\nSpot Rate : 1.5500
\nAverage : 1.2051<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n

BN.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 18.00 – 18.90
\nSpot Rate : 0.9000
\nAverage : 0.6210<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-21
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 6.79 %<\/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-47753","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47753","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=47753"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47753\/revisions"}],"predecessor-version":[{"id":47754,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47753\/revisions\/47754"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}