{"id":47805,"date":"2025-04-19T15:44:00","date_gmt":"2025-04-19T15:44:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=47805"},"modified":"2025-06-19T15:44:36","modified_gmt":"2025-06-19T15:44:36","slug":"april-25-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47805","title":{"rendered":"April 25, 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>\n0.1717 %<\/td>\n2,076.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1717 %<\/td>\n4,042.2<\/td>\n<\/tr>\n
Floater<\/td>\n7.42 %<\/td>\n7.99 %<\/td>\n64,636<\/td>\n11.38<\/td>\n3<\/td>\n0.1717 %<\/td>\n2,329.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1241 %<\/td>\n3,638.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.81 %<\/td>\n4.60 %<\/td>\n65,646<\/td>\n1.75<\/td>\n8<\/td>\n-0.1241 %<\/td>\n4,345.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1241 %<\/td>\n3,390.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.6170 %<\/td>\n2,838.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.06 %<\/td>\n6.17 %<\/td>\n52,979<\/td>\n13.65<\/td>\n33<\/td>\n-0.6170 %<\/td>\n3,095.7<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.77 %<\/td>\n6.63 %<\/td>\n124,389<\/td>\n12.66<\/td>\n49<\/td>\n0.0692 %<\/td>\n2,723.0<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.93 %<\/td>\n6.05 %<\/td>\n75,709<\/td>\n13.83<\/td>\n21<\/td>\n0.0498 %<\/td>\n3,051.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.94 %<\/td>\n5.96 %<\/td>\n38,606<\/td>\n13.90<\/td>\n3<\/td>\n-0.6037 %<\/td>\n3,468.8<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.44 %<\/td>\n5.53 %<\/td>\n140,402<\/td>\n13.81<\/td>\n10<\/td>\n-0.1850 %<\/td>\n2,543.7<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0692 %<\/td>\n2,783.5<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.76 %<\/td>\n6.21 %<\/td>\n71,492<\/td>\n13.45<\/td>\n12<\/td>\n-0.2875 %<\/td>\n2,730.3<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
BN.PF.D<\/td>\nPerpetual-Discount<\/td>\n-7.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 17.90
\nEvaluated at bid price : 17.90
\nBid-YTW : 6.94 %<\/td>\n<\/tr>\n
BN.PF.C<\/td>\nPerpetual-Discount<\/td>\n-3.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 18.55
\nEvaluated at bid price : 18.55
\nBid-YTW : 6.62 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n-3.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n-2.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n-2.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 18.22
\nEvaluated at bid price : 18.22
\nBid-YTW : 6.22 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n-1.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 19.55
\nEvaluated at bid price : 19.55
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n-1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 20.10
\nEvaluated at bid price : 20.10
\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 19.82
\nEvaluated at bid price : 19.82
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n
FFH.PR.J<\/td>\nFloatingReset<\/td>\n-1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 23.02
\nEvaluated at bid price : 23.40
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 22.22
\nEvaluated at bid price : 22.50
\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 19.97
\nEvaluated at bid price : 19.97
\nBid-YTW : 6.63 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 22.60
\nEvaluated at bid price : 22.85
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 14.90
\nEvaluated at bid price : 14.90
\nBid-YTW : 7.19 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 20.78
\nEvaluated at bid price : 20.78
\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 22.45
\nEvaluated at bid price : 23.00
\nBid-YTW : 6.54 %<\/td>\n<\/tr>\n
ENB.PF.K<\/td>\nFixedReset Disc<\/td>\n1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 22.66
\nEvaluated at bid price : 23.35
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 20.05
\nEvaluated at bid price : 20.05
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
IFC.PR.K<\/td>\nInsurance Straight<\/td>\n2.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.77
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n3.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 21.55
\nEvaluated at bid price : 21.55
\nBid-YTW : 6.05 %<\/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.A<\/td>\nFixedReset Disc<\/td>\n785,626<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 22.58
\nEvaluated at bid price : 23.52
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n575,756<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 23.77
\nEvaluated at bid price : 24.64
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n100,968<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 23.92
\nEvaluated at bid price : 24.69
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n
PWF.PR.G<\/td>\nPerpetual-Discount<\/td>\n99,551<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 23.63
\nEvaluated at bid price : 23.90
\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n85,989<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-06-23
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.93
\nBid-YTW : 4.59 %<\/td>\n<\/tr>\n
ENB.PR.Y<\/td>\nFixedReset Disc<\/td>\n80,926<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 17.70
\nEvaluated at bid price : 17.70
\nBid-YTW : 7.52 %<\/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
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.00 – 23.88
\nSpot Rate : 4.8800
\nAverage : 2.8625<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n

SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 15.96 – 18.60
\nSpot Rate : 2.6400
\nAverage : 1.6125<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 15.96
\nEvaluated at bid price : 15.96
\nBid-YTW : 6.60 %<\/td>\n<\/tr>\n

BN.PF.D<\/td>\nPerpetual-Discount<\/td>\nQuote: 17.90 – 19.60
\nSpot Rate : 1.7000
\nAverage : 0.9883<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 17.90
\nEvaluated at bid price : 17.90
\nBid-YTW : 6.94 %<\/td>\n<\/tr>\n

CU.PR.J<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.82 – 21.60
\nSpot Rate : 1.7800
\nAverage : 1.1664<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 19.82
\nEvaluated at bid price : 19.82
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n

CU.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 19.97 – 22.11
\nSpot Rate : 2.1400
\nAverage : 1.7131<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 19.97
\nEvaluated at bid price : 19.97
\nBid-YTW : 6.63 %<\/td>\n<\/tr>\n

TD.PF.A<\/td>\nFixedReset Disc<\/td>\nQuote: 23.52 – 24.80
\nSpot Rate : 1.2800
\nAverage : 0.8994<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-04-25
\nMaturity Price : 22.58
\nEvaluated at bid price : 23.52
\nBid-YTW : 5.30 %<\/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-47805","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47805","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=47805"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47805\/revisions"}],"predecessor-version":[{"id":47806,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47805\/revisions\/47806"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}