{"id":47768,"date":"2025-04-02T01:59:00","date_gmt":"2025-04-02T01:59:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=47768"},"modified":"2025-06-19T02:00:06","modified_gmt":"2025-06-19T02:00:06","slug":"april-2-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47768","title":{"rendered":"April 2, 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>\n0.0806 %<\/td>\n2,209.4<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0806 %<\/td>\n4,300.9<\/td>\n<\/tr>\n
Floater<\/td>\n6.98 %<\/td>\n7.42 %<\/td>\n63,488<\/td>\n12.07<\/td>\n3<\/td>\n0.0806 %<\/td>\n2,478.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0620 %<\/td>\n3,631.0<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.80 %<\/td>\n4.52 %<\/td>\n71,132<\/td>\n0.88<\/td>\n9<\/td>\n0.0620 %<\/td>\n4,336.2<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0620 %<\/td>\n3,383.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.4168 %<\/td>\n2,959.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.81 %<\/td>\n5.92 %<\/td>\n54,279<\/td>\n13.98<\/td>\n33<\/td>\n-0.4168 %<\/td>\n3,226.7<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.50 %<\/td>\n6.19 %<\/td>\n120,174<\/td>\n13.22<\/td>\n49<\/td>\n0.3446 %<\/td>\n2,839.7<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.68 %<\/td>\n5.72 %<\/td>\n70,885<\/td>\n14.33<\/td>\n21<\/td>\n1.7273 %<\/td>\n3,186.0<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.75 %<\/td>\n5.82 %<\/td>\n31,783<\/td>\n14.17<\/td>\n3<\/td>\n-0.3098 %<\/td>\n3,568.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.31 %<\/td>\n5.34 %<\/td>\n138,873<\/td>\n13.94<\/td>\n10<\/td>\n0.0077 %<\/td>\n2,593.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3446 %<\/td>\n2,902.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.44 %<\/td>\n5.59 %<\/td>\n73,403<\/td>\n14.22<\/td>\n12<\/td>\n0.3709 %<\/td>\n2,891.4<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n-20.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 16.00
\nEvaluated at bid price : 16.00
\nBid-YTW : 7.14 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 20.85
\nEvaluated at bid price : 20.85
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Prem<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 23.63
\nEvaluated at bid price : 25.52
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
ENB.PR.N<\/td>\nFixedReset Disc<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 22.06
\nEvaluated at bid price : 22.50
\nBid-YTW : 6.33 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 16.00
\nEvaluated at bid price : 16.00
\nBid-YTW : 6.50 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
BN.PF.F<\/td>\nFixedReset Disc<\/td>\n1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 21.66
\nEvaluated at bid price : 22.00
\nBid-YTW : 6.39 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 20.77
\nEvaluated at bid price : 20.77
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 22.58
\nEvaluated at bid price : 23.40
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\n1.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 22.98
\nEvaluated at bid price : 23.25
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
ENB.PF.K<\/td>\nFixedReset Disc<\/td>\n2.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 23.21
\nEvaluated at bid price : 24.50
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n2.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 22.85
\nEvaluated at bid price : 23.25
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n3.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 21.43
\nEvaluated at bid price : 21.43
\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n
ENB.PR.P<\/td>\nFixedReset Disc<\/td>\n3.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 20.15
\nEvaluated at bid price : 20.15
\nBid-YTW : 6.74 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n4.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 22.35
\nEvaluated at bid price : 22.62
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n29.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 21.90
\nEvaluated at bid price : 22.29
\nBid-YTW : 5.80 %<\/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.I<\/td>\nFixedReset Disc<\/td>\n80,510<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 23.05
\nEvaluated at bid price : 23.70
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
ENB.PF.E<\/td>\nFixedReset Disc<\/td>\n34,691<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 18.95
\nEvaluated at bid price : 18.95
\nBid-YTW : 7.04 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n31,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 15.85
\nEvaluated at bid price : 15.85
\nBid-YTW : 6.08 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n26,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 23.90
\nEvaluated at bid price : 24.68
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n
BN.PF.H<\/td>\nFixedReset Disc<\/td>\n24,300<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.01
\nBid-YTW : 4.99 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n23,080<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 16.81
\nEvaluated at bid price : 16.81
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n
There were 10 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.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 16.00 – 20.26
\nSpot Rate : 4.2600
\nAverage : 2.3575<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 16.00
\nEvaluated at bid price : 16.00
\nBid-YTW : 7.14 %<\/td>\n<\/tr>\n

CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.11 – 23.88
\nSpot Rate : 3.7700
\nAverage : 2.0564<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 20.11
\nEvaluated at bid price : 20.11
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n

CU.PR.H<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.25 – 25.00
\nSpot Rate : 1.7500
\nAverage : 1.1353<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 22.98
\nEvaluated at bid price : 23.25
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n

MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\nQuote: 22.57 – 23.60
\nSpot Rate : 1.0300
\nAverage : 0.6270<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 22.06
\nEvaluated at bid price : 22.57
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n

ENB.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 19.01 – 19.88
\nSpot Rate : 0.8700
\nAverage : 0.5522<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 19.01
\nEvaluated at bid price : 19.01
\nBid-YTW : 6.98 %<\/td>\n<\/tr>\n

IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\nQuote: 21.43 – 22.55
\nSpot Rate : 1.1200
\nAverage : 0.8920<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-02
\nMaturity Price : 21.43
\nEvaluated at bid price : 21.43
\nBid-YTW : 6.01 %<\/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-47768","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47768","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=47768"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47768\/revisions"}],"predecessor-version":[{"id":47769,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47768\/revisions\/47769"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}