{"id":47868,"date":"2025-06-09T01:21:24","date_gmt":"2025-06-09T01:21:24","guid":{"rendered":"https:\/\/prefblog.com\/?p=47868"},"modified":"2025-06-20T01:21:54","modified_gmt":"2025-06-20T01:21:54","slug":"june-9-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47868","title":{"rendered":"June 9, 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>\n2.0509 %<\/td>\n2,293.4<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n2.0509 %<\/td>\n4,464.4<\/td>\n<\/tr>\n
Floater<\/td>\n6.96 %<\/td>\n7.13 %<\/td>\n62,702<\/td>\n12.29<\/td>\n2<\/td>\n2.0509 %<\/td>\n2,572.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1087 %<\/td>\n3,662.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.78 %<\/td>\n3.74 %<\/td>\n71,164<\/td>\n2.56<\/td>\n8<\/td>\n0.1087 %<\/td>\n4,373.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1087 %<\/td>\n3,412.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2358 %<\/td>\n2,938.5<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.85 %<\/td>\n5.99 %<\/td>\n48,087<\/td>\n13.84<\/td>\n33<\/td>\n-0.2358 %<\/td>\n3,204.3<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.62 %<\/td>\n6.36 %<\/td>\n128,332<\/td>\n12.86<\/td>\n46<\/td>\n-0.0148 %<\/td>\n2,893.1<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.82 %<\/td>\n5.85 %<\/td>\n54,358<\/td>\n14.18<\/td>\n20<\/td>\n-0.3511 %<\/td>\n3,113.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.60 %<\/td>\n5.76 %<\/td>\n45,177<\/td>\n14.27<\/td>\n3<\/td>\n-0.0751 %<\/td>\n3,687.3<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.08 %<\/td>\n5.12 %<\/td>\n118,107<\/td>\n3.32<\/td>\n12<\/td>\n-0.1095 %<\/td>\n2,609.8<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0148 %<\/td>\n2,957.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.16 %<\/td>\n5.83 %<\/td>\n65,424<\/td>\n14.02<\/td>\n14<\/td>\n0.3183 %<\/td>\n2,985.1<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
BN.PR.N<\/td>\nPerpetual-Discount<\/td>\n-9.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 6.75 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-3.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 6.72 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n-2.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 21.33
\nEvaluated at bid price : 21.60
\nBid-YTW : 6.08 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n-2.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 18.55
\nEvaluated at bid price : 18.55
\nBid-YTW : 6.55 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n-2.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 22.58
\nEvaluated at bid price : 22.84
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n-1.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 18.30
\nEvaluated at bid price : 18.30
\nBid-YTW : 7.38 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.95 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 22.16
\nEvaluated at bid price : 22.65
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n-1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 21.55
\nEvaluated at bid price : 21.55
\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n
BN.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 21.80
\nEvaluated at bid price : 22.15
\nBid-YTW : 6.62 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 23.25
\nEvaluated at bid price : 24.55
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
FFH.PR.G<\/td>\nFixedReset Disc<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 23.40
\nEvaluated at bid price : 24.30
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nInsurance Straight<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 22.99
\nEvaluated at bid price : 23.45
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 23.32
\nEvaluated at bid price : 23.60
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 21.41
\nEvaluated at bid price : 21.75
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 21.34
\nEvaluated at bid price : 21.65
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n
ENB.PR.P<\/td>\nFixedReset Disc<\/td>\n1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 20.40
\nEvaluated at bid price : 20.40
\nBid-YTW : 6.92 %<\/td>\n<\/tr>\n
BN.PR.K<\/td>\nFloater<\/td>\n1.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 12.45
\nEvaluated at bid price : 12.45
\nBid-YTW : 7.13 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n1.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 21.33
\nEvaluated at bid price : 21.60
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
BN.PR.B<\/td>\nFloater<\/td>\n2.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 12.43
\nEvaluated at bid price : 12.43
\nBid-YTW : 7.14 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n2.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 16.67
\nEvaluated at bid price : 16.67
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n3.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 17.70
\nEvaluated at bid price : 17.70
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
ENB.PR.F<\/td>\nFixedReset Disc<\/td>\n5.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 6.94 %<\/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
NA.PR.G<\/td>\nFixedReset Prem<\/td>\n301,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 23.66
\nEvaluated at bid price : 26.16
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
BN.PR.T<\/td>\nFixedReset Disc<\/td>\n102,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 18.73
\nEvaluated at bid price : 18.73
\nBid-YTW : 6.93 %<\/td>\n<\/tr>\n
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n100,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 19.02
\nEvaluated at bid price : 19.02
\nBid-YTW : 6.84 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Prem<\/td>\n51,900<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.03
\nBid-YTW : 4.80 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Prem<\/td>\n37,800<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-11-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.19
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n
BN.PR.N<\/td>\nPerpetual-Discount<\/td>\n22,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 6.75 %<\/td>\n<\/tr>\n
There were 8 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: 17.50 – 22.31
\nSpot Rate : 4.8100
\nAverage : 3.8740<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 17.50
\nEvaluated at bid price : 17.50
\nBid-YTW : 7.39 %<\/td>\n<\/tr>\n

BN.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 21.50 – 23.95
\nSpot Rate : 2.4500
\nAverage : 1.6275<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 6.86 %<\/td>\n<\/tr>\n

BN.PR.N<\/td>\nPerpetual-Discount<\/td>\nQuote: 18.00 – 19.95
\nSpot Rate : 1.9500
\nAverage : 1.1770<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 6.75 %<\/td>\n<\/tr>\n

BN.PR.M<\/td>\nPerpetual-Discount<\/td>\nQuote: 18.55 – 20.00
\nSpot Rate : 1.4500
\nAverage : 1.1099<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 18.55
\nEvaluated at bid price : 18.55
\nBid-YTW : 6.55 %<\/td>\n<\/tr>\n

CU.PR.H<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.95 – 24.09
\nSpot Rate : 1.1400
\nAverage : 0.8194<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 22.71
\nEvaluated at bid price : 22.95
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n

GWO.PR.L<\/td>\nInsurance Straight<\/td>\nQuote: 23.80 – 25.00
\nSpot Rate : 1.2000
\nAverage : 0.9013<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-09
\nMaturity Price : 23.53
\nEvaluated at bid price : 23.80
\nBid-YTW : 5.94 %<\/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-47868","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47868","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=47868"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47868\/revisions"}],"predecessor-version":[{"id":47869,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47868\/revisions\/47869"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}