{"id":47803,"date":"2025-04-24T15:43:00","date_gmt":"2025-04-24T15:43:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=47803"},"modified":"2025-06-19T15:43:31","modified_gmt":"2025-06-19T15:43:31","slug":"april-24-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47803","title":{"rendered":"April 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>\n-0.4841 %<\/td>\n2,073.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.4841 %<\/td>\n4,035.3<\/td>\n<\/tr>\n
Floater<\/td>\n7.44 %<\/td>\n7.96 %<\/td>\n62,574<\/td>\n11.42<\/td>\n3<\/td>\n-0.4841 %<\/td>\n2,325.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0993 %<\/td>\n3,643.0<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.80 %<\/td>\n4.58 %<\/td>\n63,554<\/td>\n1.75<\/td>\n8<\/td>\n0.0993 %<\/td>\n4,350.5<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0993 %<\/td>\n3,394.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1966 %<\/td>\n2,856.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.02 %<\/td>\n6.14 %<\/td>\n54,863<\/td>\n13.70<\/td>\n33<\/td>\n0.1966 %<\/td>\n3,114.9<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.77 %<\/td>\n6.66 %<\/td>\n125,732<\/td>\n12.67<\/td>\n49<\/td>\n0.0195 %<\/td>\n2,721.2<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.93 %<\/td>\n6.03 %<\/td>\n75,060<\/td>\n13.82<\/td>\n21<\/td>\n-0.0543 %<\/td>\n3,050.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.90 %<\/td>\n5.89 %<\/td>\n38,537<\/td>\n14.03<\/td>\n3<\/td>\n0.1591 %<\/td>\n3,489.9<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.42 %<\/td>\n5.52 %<\/td>\n139,181<\/td>\n13.83<\/td>\n10<\/td>\n0.0827 %<\/td>\n2,548.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0195 %<\/td>\n2,781.6<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.75 %<\/td>\n6.24 %<\/td>\n70,102<\/td>\n13.45<\/td>\n12<\/td>\n-1.0044 %<\/td>\n2,738.1<\/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\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.M<\/td>\nFixedReset Ins Non<\/td>\n-10.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 6.25 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n-4.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 18.80
\nEvaluated at bid price : 18.80
\nBid-YTW : 7.04 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n-3.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 6.35 %<\/td>\n<\/tr>\n
IFC.PR.K<\/td>\nInsurance Straight<\/td>\n-2.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 21.26
\nEvaluated at bid price : 21.26
\nBid-YTW : 6.25 %<\/td>\n<\/tr>\n
ELF.PR.F<\/td>\nPerpetual-Discount<\/td>\n-2.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.52
\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-2.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 14.70
\nEvaluated at bid price : 14.70
\nBid-YTW : 7.28 %<\/td>\n<\/tr>\n
ENB.PF.K<\/td>\nFixedReset Disc<\/td>\n-2.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 22.46
\nEvaluated at bid price : 23.01
\nBid-YTW : 6.63 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n-2.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 20.82
\nEvaluated at bid price : 20.82
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 21.97
\nEvaluated at bid price : 22.50
\nBid-YTW : 7.08 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n-1.82 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 21.33
\nEvaluated at bid price : 21.60
\nBid-YTW : 6.14 %<\/td>\n<\/tr>\n
ENB.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 22.08
\nEvaluated at bid price : 22.31
\nBid-YTW : 6.27 %<\/td>\n<\/tr>\n
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 16.56
\nEvaluated at bid price : 16.56
\nBid-YTW : 7.52 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 21.15
\nEvaluated at bid price : 21.15
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 20.73
\nEvaluated at bid price : 20.73
\nBid-YTW : 6.25 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 20.15
\nEvaluated at bid price : 20.15
\nBid-YTW : 6.00 %<\/td>\n<\/tr>\n
BN.PF.H<\/td>\nFixedReset Disc<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.81
\nBid-YTW : 6.66 %<\/td>\n<\/tr>\n
ENB.PF.G<\/td>\nFixedReset Disc<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 18.04
\nEvaluated at bid price : 18.04
\nBid-YTW : 7.60 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 19.15
\nEvaluated at bid price : 19.15
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n1.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 19.90
\nEvaluated at bid price : 19.90
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
BN.PF.B<\/td>\nFixedReset Disc<\/td>\n2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 20.54
\nEvaluated at bid price : 20.54
\nBid-YTW : 6.93 %<\/td>\n<\/tr>\n
GWO.PR.M<\/td>\nInsurance Straight<\/td>\n2.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 23.69
\nEvaluated at bid price : 24.00
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n2.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 18.70
\nEvaluated at bid price : 18.70
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n2.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
BN.PF.F<\/td>\nFixedReset Disc<\/td>\n2.78 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 20.67
\nEvaluated at bid price : 20.67
\nBid-YTW : 7.00 %<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\n2.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 22.49
\nEvaluated at bid price : 22.75
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n3.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 22.89
\nEvaluated at bid price : 23.80
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nInsurance Straight<\/td>\n4.86 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 22.14
\nEvaluated at bid price : 22.44
\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n5.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 20.90
\nEvaluated at bid price : 20.90
\nBid-YTW : 6.14 %<\/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
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n75,700<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-05-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.93
\nBid-YTW : 3.44 %<\/td>\n<\/tr>\n
FFH.PR.I<\/td>\nFixedReset Disc<\/td>\n40,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 22.33
\nEvaluated at bid price : 23.15
\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n31,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 22.24
\nEvaluated at bid price : 22.68
\nBid-YTW : 6.64 %<\/td>\n<\/tr>\n
ENB.PR.N<\/td>\nFixedReset Disc<\/td>\n30,650<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 21.15
\nEvaluated at bid price : 21.15
\nBid-YTW : 6.95 %<\/td>\n<\/tr>\n
ENB.PR.T<\/td>\nFixedReset Disc<\/td>\n14,974<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 19.52
\nEvaluated at bid price : 19.52
\nBid-YTW : 7.32 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n12,305<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 14.70
\nEvaluated at bid price : 14.70
\nBid-YTW : 7.28 %<\/td>\n<\/tr>\n
There were 2 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
GWO.PR.T<\/td>\nInsurance Straight<\/td>\nQuote: 20.82 – 22.92
\nSpot Rate : 2.1000
\nAverage : 1.4705<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 20.82
\nEvaluated at bid price : 20.82
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n

IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\nQuote: 18.80 – 21.40
\nSpot Rate : 2.6000
\nAverage : 2.0127<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 18.80
\nEvaluated at bid price : 18.80
\nBid-YTW : 7.04 %<\/td>\n<\/tr>\n

BN.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 16.61 – 18.00
\nSpot Rate : 1.3900
\nAverage : 0.9310<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 16.61
\nEvaluated at bid price : 16.61
\nBid-YTW : 7.49 %<\/td>\n<\/tr>\n

BN.PR.R<\/td>\nFixedReset Disc<\/td>\nQuote: 16.56 – 18.00
\nSpot Rate : 1.4400
\nAverage : 1.0144<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 16.56
\nEvaluated at bid price : 16.56
\nBid-YTW : 7.52 %<\/td>\n<\/tr>\n

FTS.PR.K<\/td>\nFixedReset Disc<\/td>\nQuote: 20.30 – 21.40
\nSpot Rate : 1.1000
\nAverage : 0.6786<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 20.30
\nEvaluated at bid price : 20.30
\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n

PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.80 – 21.99
\nSpot Rate : 1.1900
\nAverage : 0.7871<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-24
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 6.35 %<\/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-47803","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47803","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=47803"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47803\/revisions"}],"predecessor-version":[{"id":47804,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47803\/revisions\/47804"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}