{"id":47896,"date":"2025-06-21T01:54:32","date_gmt":"2025-06-21T01:54:32","guid":{"rendered":"https:\/\/prefblog.com\/?p=47896"},"modified":"2025-06-21T01:54:32","modified_gmt":"2025-06-21T01:54:32","slug":"june-20-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47896","title":{"rendered":"June 20, 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>\n0.4073 %<\/td>\n2,272.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4073 %<\/td>\n4,423.1<\/td>\n<\/tr>\n
Floater<\/td>\n7.03 %<\/td>\n7.03 %<\/td>\n58,007<\/td>\n12.56<\/td>\n2<\/td>\n0.4073 %<\/td>\n2,549.0<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0099 %<\/td>\n3,644.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.80 %<\/td>\n4.49 %<\/td>\n68,073<\/td>\n2.52<\/td>\n8<\/td>\n-0.0099 %<\/td>\n4,352.2<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0099 %<\/td>\n3,395.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0496 %<\/td>\n2,945.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.84 %<\/td>\n5.97 %<\/td>\n42,365<\/td>\n13.85<\/td>\n33<\/td>\n0.0496 %<\/td>\n3,212.4<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.63 %<\/td>\n6.27 %<\/td>\n113,353<\/td>\n12.92<\/td>\n46<\/td>\n-0.0365 %<\/td>\n2,884.7<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.80 %<\/td>\n5.86 %<\/td>\n51,466<\/td>\n14.16<\/td>\n20<\/td>\n0.0816 %<\/td>\n3,119.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.67 %<\/td>\n5.76 %<\/td>\n40,363<\/td>\n14.28<\/td>\n3<\/td>\n-0.4246 %<\/td>\n3,640.7<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.08 %<\/td>\n5.20 %<\/td>\n116,521<\/td>\n3.29<\/td>\n12<\/td>\n-0.0226 %<\/td>\n2,607.9<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0365 %<\/td>\n2,948.7<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.18 %<\/td>\n5.82 %<\/td>\n66,756<\/td>\n14.05<\/td>\n14<\/td>\n-0.4579 %<\/td>\n2,974.3<\/td>\n<\/tr>\n<\/table>\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.K<\/td>\nFixedReset Ins Non<\/td>\n-2.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 22.89
\nEvaluated at bid price : 23.90
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n-1.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 23.18
\nEvaluated at bid price : 24.47
\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 22.34
\nEvaluated at bid price : 22.95
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 16.56
\nEvaluated at bid price : 16.56
\nBid-YTW : 6.34 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 23.23
\nEvaluated at bid price : 24.50
\nBid-YTW : 6.19 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n-1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 23.33
\nEvaluated at bid price : 24.75
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 21.75
\nEvaluated at bid price : 22.00
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 23.20
\nEvaluated at bid price : 23.50
\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 20.33
\nEvaluated at bid price : 20.33
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
GWO.PR.L<\/td>\nInsurance Straight<\/td>\n1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 23.69
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n3.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 19.26
\nEvaluated at bid price : 19.26
\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
ENB.PR.T<\/td>\nFixedReset Disc<\/td>\n48,067<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.35
\nBid-YTW : 6.75 %<\/td>\n<\/tr>\n
ENB.PF.E<\/td>\nFixedReset Disc<\/td>\n37,355<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 20.10
\nEvaluated at bid price : 20.10
\nBid-YTW : 6.99 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n27,859<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 21.97
\nEvaluated at bid price : 22.45
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n25,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 20.97
\nEvaluated at bid price : 20.97
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
RY.PR.O<\/td>\nPerpetual-Discount<\/td>\n18,971<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 24.34
\nEvaluated at bid price : 24.65
\nBid-YTW : 5.01 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n12,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 22.90
\nEvaluated at bid price : 24.17
\nBid-YTW : 5.34 %<\/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
IFC.PR.F<\/td>\nInsurance Straight<\/td>\nQuote: 20.90 – 23.87
\nSpot Rate : 2.9700
\nAverage : 2.4916<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 20.90
\nEvaluated at bid price : 20.90
\nBid-YTW : 6.38 %<\/td>\n<\/tr>\n

CU.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 19.85 – 22.14
\nSpot Rate : 2.2900
\nAverage : 1.8535<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 19.85
\nEvaluated at bid price : 19.85
\nBid-YTW : 6.81 %<\/td>\n<\/tr>\n

MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.90 – 24.96
\nSpot Rate : 1.0600
\nAverage : 0.7398<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 22.89
\nEvaluated at bid price : 23.90
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n

IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\nQuote: 20.30 – 21.50
\nSpot Rate : 1.2000
\nAverage : 0.9406<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 20.30
\nEvaluated at bid price : 20.30
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n

PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.50 – 24.33
\nSpot Rate : 0.8300
\nAverage : 0.5845<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 23.20
\nEvaluated at bid price : 23.50
\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n

ELF.PR.H<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.30 – 23.99
\nSpot Rate : 0.6900
\nAverage : 0.4612<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-20
\nMaturity Price : 23.03
\nEvaluated at bid price : 23.30
\nBid-YTW : 6.01 %<\/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-47896","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47896","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=47896"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47896\/revisions"}],"predecessor-version":[{"id":47897,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47896\/revisions\/47897"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}