{"id":47860,"date":"2025-06-03T01:18:39","date_gmt":"2025-06-03T01:18:39","guid":{"rendered":"https:\/\/prefblog.com\/?p=47860"},"modified":"2025-06-20T01:19:01","modified_gmt":"2025-06-20T01:19:01","slug":"june-3-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47860","title":{"rendered":"June 3, 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>\n2.1097 %<\/td>\n2,230.7<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n2.1097 %<\/td>\n4,342.3<\/td>\n<\/tr>\n
Floater<\/td>\n7.16 %<\/td>\n7.24 %<\/td>\n77,602<\/td>\n12.17<\/td>\n2<\/td>\n2.1097 %<\/td>\n2,502.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0643 %<\/td>\n3,654.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.79 %<\/td>\n3.94 %<\/td>\n73,421<\/td>\n2.57<\/td>\n8<\/td>\n-0.0643 %<\/td>\n4,364.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0643 %<\/td>\n3,405.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3165 %<\/td>\n2,947.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.83 %<\/td>\n5.99 %<\/td>\n49,956<\/td>\n13.87<\/td>\n33<\/td>\n0.3165 %<\/td>\n3,214.5<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.63 %<\/td>\n6.23 %<\/td>\n130,481<\/td>\n13.06<\/td>\n46<\/td>\n0.3311 %<\/td>\n2,887.9<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.76 %<\/td>\n5.85 %<\/td>\n56,873<\/td>\n14.15<\/td>\n20<\/td>\n0.3388 %<\/td>\n3,141.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.66 %<\/td>\n5.72 %<\/td>\n39,408<\/td>\n14.20<\/td>\n3<\/td>\n-0.0459 %<\/td>\n3,623.5<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.07 %<\/td>\n5.07 %<\/td>\n126,014<\/td>\n3.33<\/td>\n12<\/td>\n0.0676 %<\/td>\n2,615.3<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3311 %<\/td>\n2,952.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.22 %<\/td>\n5.66 %<\/td>\n60,717<\/td>\n14.16<\/td>\n14<\/td>\n-0.1778 %<\/td>\n2,954.5<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-5.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 22.61
\nEvaluated at bid price : 23.13
\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n-2.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 19.25
\nEvaluated at bid price : 19.25
\nBid-YTW : 6.30 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n-2.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 20.02
\nEvaluated at bid price : 20.02
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n-2.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 22.66
\nEvaluated at bid price : 23.00
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n-1.82 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 21.33
\nEvaluated at bid price : 21.60
\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 20.56
\nEvaluated at bid price : 20.56
\nBid-YTW : 6.00 %<\/td>\n<\/tr>\n
ENB.PR.A<\/td>\nPerpetual-Discount<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 22.98
\nEvaluated at bid price : 23.25
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
ELF.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 22.22
\nEvaluated at bid price : 22.50
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
BN.PF.J<\/td>\nFixedReset Disc<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 23.42
\nEvaluated at bid price : 24.90
\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n
BN.PR.K<\/td>\nFloater<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 11.95
\nEvaluated at bid price : 11.95
\nBid-YTW : 7.42 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 19.90
\nEvaluated at bid price : 19.90
\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
PWF.PR.O<\/td>\nPerpetual-Discount<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 24.21
\nEvaluated at bid price : 24.50
\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 21.37
\nEvaluated at bid price : 21.37
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 21.59
\nEvaluated at bid price : 21.91
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 17.69
\nEvaluated at bid price : 17.69
\nBid-YTW : 6.00 %<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 22.55
\nEvaluated at bid price : 22.80
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n2.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 21.47
\nEvaluated at bid price : 21.73
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n2.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 22.94
\nEvaluated at bid price : 23.34
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
BN.PR.N<\/td>\nPerpetual-Discount<\/td>\n2.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n
BN.PR.B<\/td>\nFloater<\/td>\n2.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 12.25
\nEvaluated at bid price : 12.25
\nBid-YTW : 7.24 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n3.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 18.91
\nEvaluated at bid price : 18.91
\nBid-YTW : 6.97 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n3.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 19.47
\nEvaluated at bid price : 19.47
\nBid-YTW : 5.79 %<\/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.M<\/td>\nFixedReset Disc<\/td>\n128,704<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 24.09
\nEvaluated at bid price : 24.73
\nBid-YTW : 5.44 %<\/td>\n<\/tr>\n
ENB.PF.K<\/td>\nFixedReset Disc<\/td>\n63,979<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 23.11
\nEvaluated at bid price : 24.20
\nBid-YTW : 6.24 %<\/td>\n<\/tr>\n
FFH.PR.I<\/td>\nFixedReset Disc<\/td>\n58,665<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 23.88
\nEvaluated at bid price : 24.52
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
ENB.PF.C<\/td>\nFixedReset Disc<\/td>\n51,514<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 19.96
\nEvaluated at bid price : 19.96
\nBid-YTW : 6.91 %<\/td>\n<\/tr>\n
BN.PF.F<\/td>\nFixedReset Disc<\/td>\n42,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 21.59
\nEvaluated at bid price : 21.90
\nBid-YTW : 6.67 %<\/td>\n<\/tr>\n
FFH.PR.G<\/td>\nFixedReset Disc<\/td>\n41,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 23.79
\nEvaluated at bid price : 24.60
\nBid-YTW : 5.45 %<\/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
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\nQuote: 17.10 – 24.68
\nSpot Rate : 7.5800
\nAverage : 5.5169<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 17.10
\nEvaluated at bid price : 17.10
\nBid-YTW : 6.38 %<\/td>\n<\/tr>\n

CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.65 – 23.88
\nSpot Rate : 4.2300
\nAverage : 2.8050<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 19.65
\nEvaluated at bid price : 19.65
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n

MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.13 – 24.70
\nSpot Rate : 1.5700
\nAverage : 0.8749<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 22.61
\nEvaluated at bid price : 23.13
\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n

ENB.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 20.00 – 21.42
\nSpot Rate : 1.4200
\nAverage : 0.8447<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 6.89 %<\/td>\n<\/tr>\n

BIP.PR.E<\/td>\nFixedReset Disc<\/td>\nQuote: 23.50 – 25.75
\nSpot Rate : 2.2500
\nAverage : 1.7039<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 22.75
\nEvaluated at bid price : 23.50
\nBid-YTW : 6.34 %<\/td>\n<\/tr>\n

GWO.PR.M<\/td>\nInsurance Straight<\/td>\nQuote: 24.03 – 25.03
\nSpot Rate : 1.0000
\nAverage : 0.6374<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-03
\nMaturity Price : 23.72
\nEvaluated at bid price : 24.03
\nBid-YTW : 6.03 %<\/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-47860","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47860","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=47860"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47860\/revisions"}],"predecessor-version":[{"id":47861,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47860\/revisions\/47861"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}