{"id":47755,"date":"2025-03-24T01:09:00","date_gmt":"2025-03-24T01:09:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=47755"},"modified":"2025-06-19T01:10:19","modified_gmt":"2025-06-19T01:10:19","slug":"march-24-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47755","title":{"rendered":"March 24, 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>\n0.3678 %<\/td>\n2,212.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3678 %<\/td>\n4,306.4<\/td>\n<\/tr>\n
Floater<\/td>\n7.05 %<\/td>\n7.40 %<\/td>\n30,054<\/td>\n12.11<\/td>\n4<\/td>\n0.3678 %<\/td>\n2,481.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2899 %<\/td>\n3,610.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.83 %<\/td>\n4.87 %<\/td>\n72,133<\/td>\n1.83<\/td>\n9<\/td>\n0.2899 %<\/td>\n4,312.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2899 %<\/td>\n3,364.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2334 %<\/td>\n2,984.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.75 %<\/td>\n5.90 %<\/td>\n57,931<\/td>\n13.94<\/td>\n32<\/td>\n0.2334 %<\/td>\n3,254.7<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.56 %<\/td>\n6.44 %<\/td>\n126,203<\/td>\n13.17<\/td>\n49<\/td>\n-0.2297 %<\/td>\n2,808.4<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.72 %<\/td>\n5.76 %<\/td>\n75,009<\/td>\n14.29<\/td>\n21<\/td>\n-0.3387 %<\/td>\n3,167.0<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.50 %<\/td>\n5.53 %<\/td>\n63,955<\/td>\n14.63<\/td>\n4<\/td>\n0.0560 %<\/td>\n3,571.2<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.79 %<\/td>\n5.40 %<\/td>\n163,372<\/td>\n13.98<\/td>\n10<\/td>\n0.0392 %<\/td>\n2,584.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2297 %<\/td>\n2,870.7<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.34 %<\/td>\n5.66 %<\/td>\n71,936<\/td>\n14.21<\/td>\n14<\/td>\n0.4587 %<\/td>\n2,896.1<\/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
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-11.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 20.75
\nEvaluated at bid price : 20.75
\nBid-YTW : 7.18 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n-6.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-4.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 20.10
\nEvaluated at bid price : 20.10
\nBid-YTW : 6.46 %<\/td>\n<\/tr>\n
IFC.PR.K<\/td>\nInsurance Straight<\/td>\n-2.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 22.20
\nEvaluated at bid price : 22.55
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n-2.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 22.78
\nEvaluated at bid price : 23.06
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n-2.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 18.21
\nEvaluated at bid price : 18.21
\nBid-YTW : 7.15 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n-1.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.71
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n-1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 22.12
\nEvaluated at bid price : 22.40
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
PVS.PR.J<\/td>\nSplitShare<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2028-02-29
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.75
\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 22.87
\nEvaluated at bid price : 23.85
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 18.05
\nEvaluated at bid price : 18.05
\nBid-YTW : 6.77 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 22.60
\nEvaluated at bid price : 22.85
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Prem<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.86
\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 23.03
\nEvaluated at bid price : 23.30
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n
FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.35
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 21.31
\nEvaluated at bid price : 21.31
\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n2.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n2.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 20.20
\nEvaluated at bid price : 20.20
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n2.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 22.89
\nEvaluated at bid price : 23.30
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n2.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 22.55
\nEvaluated at bid price : 23.48
\nBid-YTW : 5.54 %<\/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
NA.PR.E<\/td>\nFixedReset Disc<\/td>\n338,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 23.34
\nEvaluated at bid price : 24.96
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n220,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.35
\nBid-YTW : 6.27 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Prem<\/td>\n148,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 23.48
\nEvaluated at bid price : 25.35
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Prem<\/td>\n143,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.86
\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n
FFH.PR.M<\/td>\nFixedReset Prem<\/td>\n125,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.98
\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n123,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 18.05
\nEvaluated at bid price : 18.05
\nBid-YTW : 6.77 %<\/td>\n<\/tr>\n
There were 22 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
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\nQuote: 20.75 – 23.82
\nSpot Rate : 3.0700
\nAverage : 1.9437<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 20.75
\nEvaluated at bid price : 20.75
\nBid-YTW : 7.18 %<\/td>\n<\/tr>\n

GWO.PR.T<\/td>\nInsurance Straight<\/td>\nQuote: 21.00 – 22.59
\nSpot Rate : 1.5900
\nAverage : 1.0206<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n

IFC.PR.K<\/td>\nInsurance Straight<\/td>\nQuote: 22.55 – 23.69
\nSpot Rate : 1.1400
\nAverage : 0.7310<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 22.20
\nEvaluated at bid price : 22.55
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n

PVS.PR.G<\/td>\nSplitShare<\/td>\nQuote: 25.01 – 26.01
\nSpot Rate : 1.0000
\nAverage : 0.6730<\/p>\n

YTW SCENARIO
\nMaturity Type : Option Certainty
\nMaturity Date\t: 2026-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.01
\nBid-YTW : 5.12 %<\/td>\n<\/tr>\n

BN.PR.Z<\/td>\nFixedReset Disc<\/td>\nQuote: 22.14 – 23.00
\nSpot Rate : 0.8600
\nAverage : 0.5371<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 21.88
\nEvaluated at bid price : 22.14
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n

GWO.PR.P<\/td>\nInsurance Straight<\/td>\nQuote: 23.06 – 23.73
\nSpot Rate : 0.6700
\nAverage : 0.3825<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-03-24
\nMaturity Price : 22.78
\nEvaluated at bid price : 23.06
\nBid-YTW : 5.87 %<\/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-47755","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47755","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=47755"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47755\/revisions"}],"predecessor-version":[{"id":47756,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47755\/revisions\/47756"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}