{"id":47880,"date":"2025-06-17T01:27:16","date_gmt":"2025-06-17T01:27:16","guid":{"rendered":"https:\/\/prefblog.com\/?p=47880"},"modified":"2025-06-20T01:27:35","modified_gmt":"2025-06-20T01:27:35","slug":"june-17-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47880","title":{"rendered":"June 17, 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>\n-0.1629 %<\/td>\n2,259.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1629 %<\/td>\n4,398.0<\/td>\n<\/tr>\n
Floater<\/td>\n7.07 %<\/td>\n7.11 %<\/td>\n74,138<\/td>\n12.47<\/td>\n2<\/td>\n-0.1629 %<\/td>\n2,534.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1784 %<\/td>\n3,642.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.80 %<\/td>\n4.47 %<\/td>\n70,763<\/td>\n2.53<\/td>\n8<\/td>\n-0.1784 %<\/td>\n4,349.8<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1784 %<\/td>\n3,393.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2663 %<\/td>\n2,950.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.83 %<\/td>\n5.97 %<\/td>\n43,232<\/td>\n13.87<\/td>\n33<\/td>\n-0.2663 %<\/td>\n3,216.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.62 %<\/td>\n6.17 %<\/td>\n116,409<\/td>\n12.94<\/td>\n46<\/td>\n0.0394 %<\/td>\n2,891.9<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.79 %<\/td>\n5.84 %<\/td>\n52,028<\/td>\n14.18<\/td>\n20<\/td>\n0.0070 %<\/td>\n3,127.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.65 %<\/td>\n5.72 %<\/td>\n41,675<\/td>\n14.34<\/td>\n3<\/td>\n-0.1214 %<\/td>\n3,650.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.08 %<\/td>\n5.26 %<\/td>\n115,495<\/td>\n3.05<\/td>\n12<\/td>\n-0.0484 %<\/td>\n2,607.2<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0394 %<\/td>\n2,956.2<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.16 %<\/td>\n5.85 %<\/td>\n68,566<\/td>\n14.16<\/td>\n14<\/td>\n0.4569 %<\/td>\n2,987.4<\/td>\n<\/tr>\n<\/table>\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
FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\n-2.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n-1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 22.84
\nEvaluated at bid price : 23.12
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n-1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 20.25
\nEvaluated at bid price : 20.25
\nBid-YTW : 5.78 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n-1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 19.60
\nEvaluated at bid price : 19.60
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 19.71
\nEvaluated at bid price : 19.71
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 16.68
\nEvaluated at bid price : 16.68
\nBid-YTW : 6.30 %<\/td>\n<\/tr>\n
BN.PR.T<\/td>\nFixedReset Disc<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 18.52
\nEvaluated at bid price : 18.52
\nBid-YTW : 6.92 %<\/td>\n<\/tr>\n
GWO.PR.M<\/td>\nInsurance Straight<\/td>\n1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 24.00
\nEvaluated at bid price : 24.25
\nBid-YTW : 6.00 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nInsurance Straight<\/td>\n1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 22.90
\nEvaluated at bid price : 23.35
\nBid-YTW : 5.78 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 21.33
\nEvaluated at bid price : 21.60
\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n2.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 23.45
\nEvaluated at bid price : 25.07
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n2.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 22.59
\nEvaluated at bid price : 23.45
\nBid-YTW : 5.63 %<\/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>\n220,400<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.04
\nBid-YTW : 5.24 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n75,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 21.02
\nEvaluated at bid price : 21.02
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n50,700<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.05
\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n41,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 23.27
\nEvaluated at bid price : 24.71
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n31,600<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-07-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.97
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
PWF.PR.H<\/td>\nPerpetual-Discount<\/td>\n31,220<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 23.95
\nEvaluated at bid price : 24.20
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
There were 14 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: 16.75 – 17.90
\nSpot Rate : 1.1500
\nAverage : 0.8612<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 6.73 %<\/td>\n<\/tr>\n

IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 24.40 – 25.00
\nSpot Rate : 0.6000
\nAverage : 0.3756<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 23.15
\nEvaluated at bid price : 24.40
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n

CU.PR.H<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.02 – 23.83
\nSpot Rate : 0.8100
\nAverage : 0.5967<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 22.73
\nEvaluated at bid price : 23.02
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n

SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.60 – 18.30
\nSpot Rate : 0.7000
\nAverage : 0.5114<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 17.60
\nEvaluated at bid price : 17.60
\nBid-YTW : 6.25 %<\/td>\n<\/tr>\n

MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.45 – 18.50
\nSpot Rate : 1.0500
\nAverage : 0.8788<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-17
\nMaturity Price : 17.45
\nEvaluated at bid price : 17.45
\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n

TD.PF.I<\/td>\nFixedReset Prem<\/td>\nQuote: 26.05 – 26.47
\nSpot Rate : 0.4200
\nAverage : 0.2578<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.05
\nBid-YTW : 4.81 %<\/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-47880","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47880","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=47880"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47880\/revisions"}],"predecessor-version":[{"id":47881,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47880\/revisions\/47881"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}