{"id":47878,"date":"2025-06-16T01:26:35","date_gmt":"2025-06-16T01:26:35","guid":{"rendered":"https:\/\/prefblog.com\/?p=47878"},"modified":"2025-06-20T01:26:54","modified_gmt":"2025-06-20T01:26:54","slug":"june-16-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47878","title":{"rendered":"June 16, 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>\n0.5735 %<\/td>\n2,262.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5735 %<\/td>\n4,405.1<\/td>\n<\/tr>\n
Floater<\/td>\n7.06 %<\/td>\n7.08 %<\/td>\n75,117<\/td>\n12.50<\/td>\n2<\/td>\n0.5735 %<\/td>\n2,538.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0595 %<\/td>\n3,648.9<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.79 %<\/td>\n4.43 %<\/td>\n71,798<\/td>\n2.53<\/td>\n8<\/td>\n0.0595 %<\/td>\n4,357.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0595 %<\/td>\n3,400.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0247 %<\/td>\n2,957.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.81 %<\/td>\n5.97 %<\/td>\n44,766<\/td>\n13.90<\/td>\n33<\/td>\n-0.0247 %<\/td>\n3,225.4<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.62 %<\/td>\n6.17 %<\/td>\n120,998<\/td>\n12.91<\/td>\n46<\/td>\n0.4697 %<\/td>\n2,890.8<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.79 %<\/td>\n5.87 %<\/td>\n51,357<\/td>\n14.16<\/td>\n20<\/td>\n-0.3656 %<\/td>\n3,127.6<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.65 %<\/td>\n5.71 %<\/td>\n43,349<\/td>\n14.36<\/td>\n3<\/td>\n0.0152 %<\/td>\n3,654.5<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.08 %<\/td>\n5.09 %<\/td>\n120,228<\/td>\n3.30<\/td>\n12<\/td>\n0.0743 %<\/td>\n2,608.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4697 %<\/td>\n2,955.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.18 %<\/td>\n5.86 %<\/td>\n63,428<\/td>\n14.00<\/td>\n14<\/td>\n0.2775 %<\/td>\n2,973.8<\/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.M<\/td>\nPerpetual-Discount<\/td>\n-5.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 18.55
\nEvaluated at bid price : 18.55
\nBid-YTW : 6.43 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-3.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 6.73 %<\/td>\n<\/tr>\n
GWO.PR.M<\/td>\nInsurance Straight<\/td>\n-2.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 23.68
\nEvaluated at bid price : 23.95
\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n-1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 22.67
\nEvaluated at bid price : 22.92
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n-1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n
BN.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 18.32
\nEvaluated at bid price : 18.32
\nBid-YTW : 6.99 %<\/td>\n<\/tr>\n
POW.PR.C<\/td>\nPerpetual-Discount<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 24.45
\nEvaluated at bid price : 24.69
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
BN.PR.K<\/td>\nFloater<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 12.25
\nEvaluated at bid price : 12.25
\nBid-YTW : 7.11 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 21.49
\nEvaluated at bid price : 21.80
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 21.04
\nEvaluated at bid price : 21.04
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
ENB.PR.D<\/td>\nFixedReset Disc<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 6.94 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Prem<\/td>\n1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-02-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.79
\nBid-YTW : 5.07 %<\/td>\n<\/tr>\n
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 21.01
\nEvaluated at bid price : 21.01
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 22.37
\nEvaluated at bid price : 23.00
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 23.22
\nEvaluated at bid price : 24.58
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 20.40
\nEvaluated at bid price : 20.40
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 22.76
\nEvaluated at bid price : 23.23
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
ENB.PR.J<\/td>\nFixedReset Disc<\/td>\n1.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 20.70
\nEvaluated at bid price : 20.70
\nBid-YTW : 6.91 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n3.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 7.12 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n10.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 21.56
\nEvaluated at bid price : 21.95
\nBid-YTW : 6.13 %<\/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
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n50,400<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.04
\nBid-YTW : 5.12 %<\/td>\n<\/tr>\n
RY.PR.O<\/td>\nPerpetual-Discount<\/td>\n30,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 24.25
\nEvaluated at bid price : 24.55
\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n
ENB.PF.K<\/td>\nFixedReset Disc<\/td>\n25,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 23.08
\nEvaluated at bid price : 24.14
\nBid-YTW : 6.39 %<\/td>\n<\/tr>\n
ENB.PR.T<\/td>\nFixedReset Disc<\/td>\n24,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 6.73 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n21,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 17.15
\nEvaluated at bid price : 17.15
\nBid-YTW : 6.40 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n19,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 22.88
\nEvaluated at bid price : 24.14
\nBid-YTW : 5.34 %<\/td>\n<\/tr>\n
There were 5 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: 21.22 – 23.00
\nSpot Rate : 1.7800
\nAverage : 1.3026<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 21.22
\nEvaluated at bid price : 21.22
\nBid-YTW : 6.88 %<\/td>\n<\/tr>\n

BN.PR.M<\/td>\nPerpetual-Discount<\/td>\nQuote: 18.55 – 20.15
\nSpot Rate : 1.6000
\nAverage : 1.2163<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 18.55
\nEvaluated at bid price : 18.55
\nBid-YTW : 6.43 %<\/td>\n<\/tr>\n

IFC.PR.I<\/td>\nInsurance Straight<\/td>\nQuote: 23.00 – 25.99
\nSpot Rate : 2.9900
\nAverage : 2.6663<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 22.60
\nEvaluated at bid price : 23.00
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n

BN.PR.R<\/td>\nFixedReset Disc<\/td>\nQuote: 17.84 – 19.50
\nSpot Rate : 1.6600
\nAverage : 1.4004<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 17.84
\nEvaluated at bid price : 17.84
\nBid-YTW : 7.20 %<\/td>\n<\/tr>\n

BN.PF.I<\/td>\nFixedReset Disc<\/td>\nQuote: 25.00 – 26.00
\nSpot Rate : 1.0000
\nAverage : 0.7655<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.00
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n

BN.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 18.32 – 18.98
\nSpot Rate : 0.6600
\nAverage : 0.4571<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-16
\nMaturity Price : 18.32
\nEvaluated at bid price : 18.32
\nBid-YTW : 6.99 %<\/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-47878","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47878","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=47878"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47878\/revisions"}],"predecessor-version":[{"id":47879,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47878\/revisions\/47879"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}