{"id":47866,"date":"2025-06-06T01:20:45","date_gmt":"2025-06-06T01:20:45","guid":{"rendered":"https:\/\/prefblog.com\/?p=47866"},"modified":"2025-06-20T01:21:05","modified_gmt":"2025-06-20T01:21:05","slug":"june-6-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47866","title":{"rendered":"June 6, 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>\n0.4946 %<\/td>\n2,247.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4946 %<\/td>\n4,374.6<\/td>\n<\/tr>\n
Floater<\/td>\n7.11 %<\/td>\n7.24 %<\/td>\n61,282<\/td>\n12.16<\/td>\n2<\/td>\n0.4946 %<\/td>\n2,521.1<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0593 %<\/td>\n3,658.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.78 %<\/td>\n3.95 %<\/td>\n69,525<\/td>\n2.57<\/td>\n8<\/td>\n0.0593 %<\/td>\n4,368.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0593 %<\/td>\n3,408.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2338 %<\/td>\n2,945.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.84 %<\/td>\n5.99 %<\/td>\n48,777<\/td>\n13.85<\/td>\n33<\/td>\n-0.2338 %<\/td>\n3,211.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.62 %<\/td>\n6.22 %<\/td>\n129,335<\/td>\n13.03<\/td>\n46<\/td>\n-0.0649 %<\/td>\n2,893.5<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.80 %<\/td>\n5.80 %<\/td>\n54,796<\/td>\n14.21<\/td>\n20<\/td>\n-0.7156 %<\/td>\n3,124.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.56 %<\/td>\n5.72 %<\/td>\n44,078<\/td>\n14.31<\/td>\n3<\/td>\n-0.1200 %<\/td>\n3,690.0<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.07 %<\/td>\n5.10 %<\/td>\n119,422<\/td>\n3.33<\/td>\n12<\/td>\n-0.1287 %<\/td>\n2,612.7<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0649 %<\/td>\n2,957.7<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.18 %<\/td>\n5.69 %<\/td>\n65,749<\/td>\n14.25<\/td>\n14<\/td>\n-0.6898 %<\/td>\n2,975.6<\/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
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n-18.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 17.50
\nEvaluated at bid price : 17.50
\nBid-YTW : 7.38 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n-4.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 19.05
\nEvaluated at bid price : 19.05
\nBid-YTW : 6.37 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-4.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 17.05
\nEvaluated at bid price : 17.05
\nBid-YTW : 6.23 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n-3.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 21.33
\nEvaluated at bid price : 21.60
\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n-2.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 18.60
\nEvaluated at bid price : 18.60
\nBid-YTW : 6.14 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n-2.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 23.00
\nEvaluated at bid price : 24.15
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-2.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 17.34
\nEvaluated at bid price : 17.34
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n-1.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 20.40
\nEvaluated at bid price : 20.40
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n-1.90 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 21.22
\nEvaluated at bid price : 21.22
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 16.25
\nEvaluated at bid price : 16.25
\nBid-YTW : 6.24 %<\/td>\n<\/tr>\n
ENB.PR.P<\/td>\nFixedReset Disc<\/td>\n-1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 20.09
\nEvaluated at bid price : 20.09
\nBid-YTW : 6.89 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n-1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
BN.PF.J<\/td>\nFixedReset Disc<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 23.35
\nEvaluated at bid price : 24.70
\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 20.26
\nEvaluated at bid price : 20.26
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 17.31
\nEvaluated at bid price : 17.31
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 20.40
\nEvaluated at bid price : 20.40
\nBid-YTW : 5.47 %<\/td>\n<\/tr>\n
NA.PR.C<\/td>\nFixedReset Prem<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-11-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.22
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 23.31
\nEvaluated at bid price : 24.73
\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nInsurance Straight<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 23.42
\nEvaluated at bid price : 23.70
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n1.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 22.94
\nEvaluated at bid price : 23.37
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 21.52
\nEvaluated at bid price : 21.85
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n
BN.PF.D<\/td>\nPerpetual-Discount<\/td>\n1.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 20.25
\nEvaluated at bid price : 20.25
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n1.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 22.43
\nEvaluated at bid price : 23.10
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n2.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 18.67
\nEvaluated at bid price : 18.67
\nBid-YTW : 7.07 %<\/td>\n<\/tr>\n
BN.PF.B<\/td>\nFixedReset Disc<\/td>\n2.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 22.00
\nEvaluated at bid price : 22.43
\nBid-YTW : 6.40 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n2.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 19.46
\nEvaluated at bid price : 19.46
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n2.78 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 21.97
\nEvaluated at bid price : 22.20
\nBid-YTW : 5.91 %<\/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.I<\/td>\nFixedReset Disc<\/td>\n108,127<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.95
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n
BN.PF.H<\/td>\nFixedReset Prem<\/td>\n80,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.33
\nBid-YTW : 4.27 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n70,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 24.06
\nEvaluated at bid price : 24.96
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n52,200<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-11-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.79
\nBid-YTW : 5.07 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n50,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 24.09
\nEvaluated at bid price : 24.98
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n41,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 22.37
\nEvaluated at bid price : 23.11
\nBid-YTW : 5.70 %<\/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
BN.PR.X<\/td>\nFixedReset Disc<\/td>\nQuote: 17.81 – 24.00
\nSpot Rate : 6.1900
\nAverage : 3.3474<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 17.81
\nEvaluated at bid price : 17.81
\nBid-YTW : 6.64 %<\/td>\n<\/tr>\n

GWO.PR.T<\/td>\nInsurance Straight<\/td>\nQuote: 17.50 – 22.31
\nSpot Rate : 4.8100
\nAverage : 2.8478<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 17.50
\nEvaluated at bid price : 17.50
\nBid-YTW : 7.38 %<\/td>\n<\/tr>\n

PWF.PR.O<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.50 – 26.05
\nSpot Rate : 1.5500
\nAverage : 0.9990<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 24.21
\nEvaluated at bid price : 24.50
\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n

PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.60 – 22.60
\nSpot Rate : 1.0000
\nAverage : 0.5703<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 21.33
\nEvaluated at bid price : 21.60
\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n

CU.PR.J<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.02 – 21.60
\nSpot Rate : 1.5800
\nAverage : 1.1791<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 20.02
\nEvaluated at bid price : 20.02
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n

BN.PR.M<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.05 – 20.15
\nSpot Rate : 1.1000
\nAverage : 0.7370<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-06
\nMaturity Price : 19.05
\nEvaluated at bid price : 19.05
\nBid-YTW : 6.37 %<\/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-47866","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47866","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=47866"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47866\/revisions"}],"predecessor-version":[{"id":47867,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47866\/revisions\/47867"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}