{"id":47843,"date":"2025-05-22T01:12:23","date_gmt":"2025-05-22T01:12:23","guid":{"rendered":"https:\/\/prefblog.com\/?p=47843"},"modified":"2025-06-20T01:12:48","modified_gmt":"2025-06-20T01:12:48","slug":"may-22-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47843","title":{"rendered":"May 22, 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-0.2744 %<\/td>\n2,155.4<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2744 %<\/td>\n4,195.8<\/td>\n<\/tr>\n
Floater<\/td>\n7.15 %<\/td>\n7.53 %<\/td>\n59,752<\/td>\n11.84<\/td>\n3<\/td>\n-0.2744 %<\/td>\n2,418.1<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1530 %<\/td>\n3,657.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.78 %<\/td>\n3.28 %<\/td>\n59,741<\/td>\n0.76<\/td>\n8<\/td>\n-0.1530 %<\/td>\n4,367.7<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1530 %<\/td>\n3,407.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.8459 %<\/td>\n2,904.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.92 %<\/td>\n6.04 %<\/td>\n49,405<\/td>\n13.85<\/td>\n33<\/td>\n0.8459 %<\/td>\n3,167.5<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.58 %<\/td>\n6.41 %<\/td>\n109,666<\/td>\n12.94<\/td>\n51<\/td>\n0.1811 %<\/td>\n2,825.0<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.83 %<\/td>\n5.98 %<\/td>\n60,986<\/td>\n13.85<\/td>\n21<\/td>\n0.3189 %<\/td>\n3,103.5<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.63 %<\/td>\n5.75 %<\/td>\n32,031<\/td>\n14.18<\/td>\n3<\/td>\n-0.0459 %<\/td>\n3,620.7<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.42 %<\/td>\n5.53 %<\/td>\n118,310<\/td>\n13.64<\/td>\n8<\/td>\n-0.2168 %<\/td>\n2,583.6<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1811 %<\/td>\n2,887.7<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.36 %<\/td>\n5.99 %<\/td>\n61,826<\/td>\n14.06<\/td>\n14<\/td>\n-0.7499 %<\/td>\n2,874.9<\/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
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-5.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 21.15
\nEvaluated at bid price : 21.15
\nBid-YTW : 6.31 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-5.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 22.61
\nEvaluated at bid price : 23.13
\nBid-YTW : 6.23 %<\/td>\n<\/tr>\n
BN.PF.B<\/td>\nFixedReset Disc<\/td>\n-3.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 6.90 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n-1.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n-1.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 19.95
\nEvaluated at bid price : 19.95
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Prem<\/td>\n-1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 23.52
\nEvaluated at bid price : 25.10
\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 23.10
\nEvaluated at bid price : 24.21
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 12.88
\nEvaluated at bid price : 12.88
\nBid-YTW : 6.79 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 19.76
\nEvaluated at bid price : 19.76
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 22.73
\nEvaluated at bid price : 23.05
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
PVS.PR.G<\/td>\nSplitShare<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-06-21
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.20
\nBid-YTW : -7.28 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 20.25
\nEvaluated at bid price : 20.25
\nBid-YTW : 6.08 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
PVS.PR.H<\/td>\nSplitShare<\/td>\n1.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.22
\nBid-YTW : 3.28 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 15.98
\nEvaluated at bid price : 15.98
\nBid-YTW : 6.45 %<\/td>\n<\/tr>\n
ENB.PR.N<\/td>\nFixedReset Disc<\/td>\n1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 21.38
\nEvaluated at bid price : 21.70
\nBid-YTW : 6.72 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 16.50
\nEvaluated at bid price : 16.50
\nBid-YTW : 6.60 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n2.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 21.54
\nEvaluated at bid price : 21.80
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n
ENB.PF.K<\/td>\nFixedReset Disc<\/td>\n4.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 22.87
\nEvaluated at bid price : 23.72
\nBid-YTW : 6.41 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n4.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 19.30
\nEvaluated at bid price : 19.30
\nBid-YTW : 7.07 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n4.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 21.80
\nEvaluated at bid price : 22.04
\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n5.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 20.96
\nEvaluated at bid price : 20.96
\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n
POW.PR.G<\/td>\nPerpetual-Discount<\/td>\n9.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 22.77
\nEvaluated at bid price : 23.05
\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n
BN.PF.D<\/td>\nPerpetual-Discount<\/td>\n11.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 19.87
\nEvaluated at bid price : 19.87
\nBid-YTW : 6.28 %<\/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
BN.PF.G<\/td>\nFixedReset Disc<\/td>\n232,231<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 20.70
\nEvaluated at bid price : 20.70
\nBid-YTW : 6.99 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n176,052<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 16.01
\nEvaluated at bid price : 16.01
\nBid-YTW : 6.87 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n102,790<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 22.84
\nEvaluated at bid price : 23.80
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
BN.PF.J<\/td>\nFixedReset Disc<\/td>\n97,842<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 23.21
\nEvaluated at bid price : 24.38
\nBid-YTW : 6.23 %<\/td>\n<\/tr>\n
BN.PF.A<\/td>\nFixedReset Disc<\/td>\n85,426<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 22.86
\nEvaluated at bid price : 23.86
\nBid-YTW : 6.36 %<\/td>\n<\/tr>\n
ENB.PR.N<\/td>\nFixedReset Disc<\/td>\n80,684<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 21.38
\nEvaluated at bid price : 21.70
\nBid-YTW : 6.72 %<\/td>\n<\/tr>\n
There were 13 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.I<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.13 – 25.00
\nSpot Rate : 1.8700
\nAverage : 1.0706<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 22.61
\nEvaluated at bid price : 23.13
\nBid-YTW : 6.23 %<\/td>\n<\/tr>\n

MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\nQuote: 21.15 – 22.73
\nSpot Rate : 1.5800
\nAverage : 1.0686<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 21.15
\nEvaluated at bid price : 21.15
\nBid-YTW : 6.31 %<\/td>\n<\/tr>\n

POW.PR.B<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.60 – 24.95
\nSpot Rate : 2.3500
\nAverage : 1.8779<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 22.33
\nEvaluated at bid price : 22.60
\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n

SLF.PR.E<\/td>\nInsurance Straight<\/td>\nQuote: 20.45 – 21.55
\nSpot Rate : 1.1000
\nAverage : 0.7684<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 20.45
\nEvaluated at bid price : 20.45
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n

IFC.PR.I<\/td>\nInsurance Straight<\/td>\nQuote: 23.00 – 24.13
\nSpot Rate : 1.1300
\nAverage : 0.8782<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 22.60
\nEvaluated at bid price : 23.00
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n

BIP.PR.F<\/td>\nFixedReset Disc<\/td>\nQuote: 24.09 – 25.50
\nSpot Rate : 1.4100
\nAverage : 1.1589<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-05-22
\nMaturity Price : 22.94
\nEvaluated at bid price : 24.09
\nBid-YTW : 6.24 %<\/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-47843","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47843","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=47843"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47843\/revisions"}],"predecessor-version":[{"id":47844,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47843\/revisions\/47844"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}