{"id":47946,"date":"2025-06-27T00:12:54","date_gmt":"2025-06-27T00:12:54","guid":{"rendered":"https:\/\/prefblog.com\/?p=47946"},"modified":"2025-06-27T00:12:54","modified_gmt":"2025-06-27T00:12:54","slug":"june-26-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47946","title":{"rendered":"June 26, 2025"},"content":{"rendered":"

Another new 52-week high for the TXPR price index today, with today’s high of 658.61 outpacing the previous mark of 656.95 set … um … yesterday. On a roll!<\/p>\n\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-0.2808 %<\/td>\n2,291.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2808 %<\/td>\n4,460.8<\/td>\n<\/tr>\n
Floater<\/td>\n6.97 %<\/td>\n6.98 %<\/td>\n57,832<\/td>\n12.61<\/td>\n2<\/td>\n-0.2808 %<\/td>\n2,570.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0049 %<\/td>\n3,653.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.79 %<\/td>\n4.49 %<\/td>\n64,692<\/td>\n2.51<\/td>\n8<\/td>\n-0.0049 %<\/td>\n4,363.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0049 %<\/td>\n3,404.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2428 %<\/td>\n2,967.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.79 %<\/td>\n5.92 %<\/td>\n43,500<\/td>\n13.98<\/td>\n33<\/td>\n0.2428 %<\/td>\n3,235.6<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.57 %<\/td>\n6.14 %<\/td>\n112,660<\/td>\n13.11<\/td>\n46<\/td>\n0.0117 %<\/td>\n2,919.2<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.74 %<\/td>\n5.80 %<\/td>\n50,692<\/td>\n14.24<\/td>\n20<\/td>\n0.6257 %<\/td>\n3,154.2<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.64 %<\/td>\n5.71 %<\/td>\n39,311<\/td>\n14.32<\/td>\n3<\/td>\n0.3502 %<\/td>\n3,653.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.04 %<\/td>\n5.03 %<\/td>\n114,667<\/td>\n3.03<\/td>\n12<\/td>\n0.0128 %<\/td>\n2,624.6<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0117 %<\/td>\n2,984.0<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.11 %<\/td>\n5.64 %<\/td>\n67,136<\/td>\n14.36<\/td>\n14<\/td>\n-0.0760 %<\/td>\n3,018.0<\/td>\n<\/tr>\n<\/table>\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.R<\/td>\nFixedReset Disc<\/td>\n-6.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 17.84
\nEvaluated at bid price : 17.84
\nBid-YTW : 7.03 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n-2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 20.11
\nEvaluated at bid price : 20.11
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
ENB.PR.H<\/td>\nFixedReset Disc<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 20.90
\nEvaluated at bid price : 20.90
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n
BN.PR.B<\/td>\nFloater<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 12.36
\nEvaluated at bid price : 12.36
\nBid-YTW : 7.06 %<\/td>\n<\/tr>\n
ENB.PR.A<\/td>\nPerpetual-Discount<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 23.19
\nEvaluated at bid price : 23.49
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 17.30
\nEvaluated at bid price : 17.30
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 23.32
\nEvaluated at bid price : 23.58
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 20.26
\nEvaluated at bid price : 20.26
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 19.26
\nEvaluated at bid price : 19.26
\nBid-YTW : 6.87 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 22.52
\nEvaluated at bid price : 22.85
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nInsurance Straight<\/td>\n2.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 23.32
\nEvaluated at bid price : 23.59
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n2.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 19.32
\nEvaluated at bid price : 19.32
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n6.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 21.59
\nEvaluated at bid price : 21.90
\nBid-YTW : 5.90 %<\/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>\n120,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.08
\nBid-YTW : 4.90 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n102,577<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 21.51
\nEvaluated at bid price : 21.51
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset Disc<\/td>\n33,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 22.35
\nEvaluated at bid price : 22.89
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n23,202<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 19.95
\nEvaluated at bid price : 19.95
\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n
BN.PR.T<\/td>\nFixedReset Disc<\/td>\n20,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 18.88
\nEvaluated at bid price : 18.88
\nBid-YTW : 6.63 %<\/td>\n<\/tr>\n
BN.PR.Z<\/td>\nFixedReset Disc<\/td>\n20,090<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 22.40
\nEvaluated at bid price : 22.85
\nBid-YTW : 6.40 %<\/td>\n<\/tr>\n
There were 2 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.PR.R<\/td>\nFixedReset Disc<\/td>\nQuote: 17.84 – 19.25
\nSpot Rate : 1.4100
\nAverage : 0.9165<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 17.84
\nEvaluated at bid price : 17.84
\nBid-YTW : 7.03 %<\/td>\n<\/tr>\n

CU.PR.E<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.16 – 23.54
\nSpot Rate : 2.3800
\nAverage : 1.9109<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 21.16
\nEvaluated at bid price : 21.16
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n

CU.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 22.85 – 25.37
\nSpot Rate : 2.5200
\nAverage : 2.1582<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 22.52
\nEvaluated at bid price : 22.85
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n

MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.68 – 24.99
\nSpot Rate : 1.3100
\nAverage : 1.0021<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 22.71
\nEvaluated at bid price : 23.68
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n

GWO.PR.L<\/td>\nInsurance Straight<\/td>\nQuote: 24.10 – 25.00
\nSpot Rate : 0.9000
\nAverage : 0.6138<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-06-26
\nMaturity Price : 23.85
\nEvaluated at bid price : 24.10
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n

PVS.PR.K<\/td>\nSplitShare<\/td>\nQuote: 25.05 – 26.05
\nSpot Rate : 1.0000
\nAverage : 0.7636<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2029-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.05
\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Another new 52-week high for the TXPR price index today, with today’s high of 658.61 outpacing the previous mark of 656.95 set … um … yesterday. On a roll! HIMIPref™ Preferred IndicesThese values reflect the …<\/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-47946","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47946","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=47946"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47946\/revisions"}],"predecessor-version":[{"id":47947,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47946\/revisions\/47947"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}