{"id":47874,"date":"2025-06-12T01:24:57","date_gmt":"2025-06-12T01:24:57","guid":{"rendered":"https:\/\/prefblog.com\/?p=47874"},"modified":"2025-06-20T01:25:17","modified_gmt":"2025-06-20T01:25:17","slug":"june-12-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47874","title":{"rendered":"June 12, 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>\n0.8850 %<\/td>\n2,311.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.8850 %<\/td>\n4,500.2<\/td>\n<\/tr>\n
Floater<\/td>\n6.91 %<\/td>\n7.07 %<\/td>\n62,146<\/td>\n12.35<\/td>\n2<\/td>\n0.8850 %<\/td>\n2,593.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3716 %<\/td>\n3,635.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.81 %<\/td>\n3.89 %<\/td>\n55,085<\/td>\n0.70<\/td>\n8<\/td>\n-0.3716 %<\/td>\n4,341.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3716 %<\/td>\n3,387.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1043 %<\/td>\n2,955.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.82 %<\/td>\n5.97 %<\/td>\n45,029<\/td>\n13.88<\/td>\n33<\/td>\n-0.1043 %<\/td>\n3,222.7<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.62 %<\/td>\n6.34 %<\/td>\n129,838<\/td>\n12.80<\/td>\n46<\/td>\n-0.0718 %<\/td>\n2,890.8<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.82 %<\/td>\n5.86 %<\/td>\n53,566<\/td>\n14.17<\/td>\n20<\/td>\n-0.0443 %<\/td>\n3,112.5<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.60 %<\/td>\n5.76 %<\/td>\n46,416<\/td>\n14.14<\/td>\n3<\/td>\n-0.2252 %<\/td>\n3,683.9<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.08 %<\/td>\n5.22 %<\/td>\n126,188<\/td>\n3.07<\/td>\n12<\/td>\n-0.0934 %<\/td>\n2,610.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0718 %<\/td>\n2,955.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.24 %<\/td>\n5.88 %<\/td>\n63,357<\/td>\n13.99<\/td>\n14<\/td>\n-1.4658 %<\/td>\n2,939.6<\/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
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-6.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 22.83
\nEvaluated at bid price : 23.13
\nBid-YTW : 6.35 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-6.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 15.46
\nEvaluated at bid price : 15.46
\nBid-YTW : 6.78 %<\/td>\n<\/tr>\n
BN.PR.N<\/td>\nPerpetual-Discount<\/td>\n-4.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 6.39 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-3.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 6.72 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n-3.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 18.30
\nEvaluated at bid price : 18.30
\nBid-YTW : 7.39 %<\/td>\n<\/tr>\n
PVS.PR.K<\/td>\nSplitShare<\/td>\n-2.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2029-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.50
\nBid-YTW : 5.06 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n-2.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 23.06
\nEvaluated at bid price : 24.20
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n-2.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 20.65
\nEvaluated at bid price : 20.65
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
PVS.PR.J<\/td>\nSplitShare<\/td>\n-1.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2028-02-29
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.82
\nBid-YTW : 4.74 %<\/td>\n<\/tr>\n
ENB.PR.J<\/td>\nFixedReset Disc<\/td>\n-1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 20.32
\nEvaluated at bid price : 20.32
\nBid-YTW : 7.04 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n-1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 17.45
\nEvaluated at bid price : 17.45
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n-1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 22.09
\nEvaluated at bid price : 22.59
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
BN.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 21.80
\nEvaluated at bid price : 22.15
\nBid-YTW : 6.62 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 5.60 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n-1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 23.23
\nEvaluated at bid price : 24.50
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 22.57
\nEvaluated at bid price : 23.02
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
ENB.PR.H<\/td>\nFixedReset Disc<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 20.70
\nEvaluated at bid price : 20.70
\nBid-YTW : 6.48 %<\/td>\n<\/tr>\n
BN.PF.C<\/td>\nPerpetual-Discount<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 20.06
\nEvaluated at bid price : 20.06
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nInsurance Straight<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 23.21
\nEvaluated at bid price : 23.47
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 22.67
\nEvaluated at bid price : 23.00
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n2.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 20.55
\nEvaluated at bid price : 20.55
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n2.86 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 23.14
\nEvaluated at bid price : 23.40
\nBid-YTW : 5.78 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n3.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 17.70
\nEvaluated at bid price : 17.70
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n6.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 17.06
\nEvaluated at bid price : 17.06
\nBid-YTW : 6.43 %<\/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
ENB.PF.K<\/td>\nFixedReset Disc<\/td>\n28,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 23.06
\nEvaluated at bid price : 24.10
\nBid-YTW : 6.40 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n21,900<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-08-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.93
\nBid-YTW : 5.21 %<\/td>\n<\/tr>\n
ENB.PF.G<\/td>\nFixedReset Disc<\/td>\n18,286<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 20.08
\nEvaluated at bid price : 20.08
\nBid-YTW : 7.05 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n18,270<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 22.90
\nEvaluated at bid price : 24.18
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Disc<\/td>\n18,146<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 21.51
\nEvaluated at bid price : 21.51
\nBid-YTW : 6.86 %<\/td>\n<\/tr>\n
FFH.PR.G<\/td>\nFixedReset Disc<\/td>\n18,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 23.61
\nEvaluated at bid price : 24.48
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
There were 3 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.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 21.51 – 23.95
\nSpot Rate : 2.4400
\nAverage : 1.4909<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 21.51
\nEvaluated at bid price : 21.51
\nBid-YTW : 6.86 %<\/td>\n<\/tr>\n

MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.13 – 25.00
\nSpot Rate : 1.8700
\nAverage : 1.1103<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 22.83
\nEvaluated at bid price : 23.13
\nBid-YTW : 6.35 %<\/td>\n<\/tr>\n

IFC.PR.I<\/td>\nInsurance Straight<\/td>\nQuote: 23.47 – 25.99
\nSpot Rate : 2.5200
\nAverage : 2.0060<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 23.21
\nEvaluated at bid price : 23.47
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n

GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 15.46 – 16.90
\nSpot Rate : 1.4400
\nAverage : 0.9291<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 15.46
\nEvaluated at bid price : 15.46
\nBid-YTW : 6.78 %<\/td>\n<\/tr>\n

PVS.PR.K<\/td>\nSplitShare<\/td>\nQuote: 24.50 – 25.50
\nSpot Rate : 1.0000
\nAverage : 0.6364<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2029-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.50
\nBid-YTW : 5.06 %<\/td>\n<\/tr>\n

BN.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 19.94 – 20.90
\nSpot Rate : 0.9600
\nAverage : 0.6305<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-12
\nMaturity Price : 19.94
\nEvaluated at bid price : 19.94
\nBid-YTW : 6.95 %<\/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-47874","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47874","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=47874"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47874\/revisions"}],"predecessor-version":[{"id":47875,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47874\/revisions\/47875"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}