{"id":48022,"date":"2025-07-01T02:08:30","date_gmt":"2025-07-01T02:08:30","guid":{"rendered":"https:\/\/prefblog.com\/?p=48022"},"modified":"2025-07-01T02:08:30","modified_gmt":"2025-07-01T02:08:30","slug":"june-30-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48022","title":{"rendered":"June 30, 2025"},"content":{"rendered":"<p>TXPR (price index) closed at yet another 52-week high of 662.30, compared to the old 52-week high, set Friday, of 659.14. <\/p>\n<table border='1'>\n<tr>\n<td colspan='8'><strong>HIMIPref&trade; Preferred Indices<br \/>These values reflect the December 2008 revision of the HIMIPref&trade; Indices<\/strong><br \/>Values are provisional and are finalized monthly<\/td>\n<\/tr>\n<tr>\n<td>Index<\/td>\n<td>Mean<br \/>Current<br \/>Yield<br \/>(at bid)<\/td>\n<td>Median<br \/>YTW<\/td>\n<td>Median<br \/>Average<br \/>Trading<br \/>Value<\/td>\n<td>Median<br \/>Mod Dur<br \/>(YTW)<\/td>\n<td>Issues<\/td>\n<td>Day&#8217;s Perf.<\/td>\n<td>Index Value<\/td>\n<\/tr>\n<tr>\n<td>Ratchet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.3613 %<\/td>\n<td>2,304.4<\/td>\n<\/tr>\n<tr>\n<td>FixedFloater<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.3613 %<\/td>\n<td>4,485.9<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>6.93 %<\/td>\n<td>6.99 %<\/td>\n<td>57,057<\/td>\n<td>12.59<\/td>\n<td>2<\/td>\n<td>0.3613 %<\/td>\n<td>2,585.2<\/td>\n<\/tr>\n<tr>\n<td>OpRet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.3774 %<\/td>\n<td>3,654.3<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.79 %<\/td>\n<td>4.56 %<\/td>\n<td>61,641<\/td>\n<td>2.50<\/td>\n<td>8<\/td>\n<td>0.3774 %<\/td>\n<td>4,364.1<\/td>\n<\/tr>\n<tr>\n<td>Interest-Bearing<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.3774 %<\/td>\n<td>3,405.0<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.1724 %<\/td>\n<td>2,972.9<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.78 %<\/td>\n<td>5.91 %<\/td>\n<td>44,551<\/td>\n<td>14.02<\/td>\n<td>33<\/td>\n<td>0.1724 %<\/td>\n<td>3,241.8<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Disc<\/td>\n<td>5.55 %<\/td>\n<td>6.09 %<\/td>\n<td>110,127<\/td>\n<td>13.22<\/td>\n<td>46<\/td>\n<td>0.0914 %<\/td>\n<td>2,927.8<\/td>\n<\/tr>\n<tr>\n<td>Insurance Straight<\/td>\n<td>5.73 %<\/td>\n<td>5.76 %<\/td>\n<td>51,619<\/td>\n<td>14.29<\/td>\n<td>20<\/td>\n<td>0.2650 %<\/td>\n<td>3,160.8<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>5.63 %<\/td>\n<td>5.70 %<\/td>\n<td>36,433<\/td>\n<td>14.32<\/td>\n<td>3<\/td>\n<td>0.0152 %<\/td>\n<td>3,656.8<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Prem<\/td>\n<td>6.04 %<\/td>\n<td>5.21 %<\/td>\n<td>116,696<\/td>\n<td>3.02<\/td>\n<td>12<\/td>\n<td>0.1604 %<\/td>\n<td>2,626.5<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Bank Non<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.0914 %<\/td>\n<td>2,992.8<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Ins Non<\/td>\n<td>5.10 %<\/td>\n<td>5.56 %<\/td>\n<td>64,679<\/td>\n<td>14.32<\/td>\n<td>14<\/td>\n<td>-0.0316 %<\/td>\n<td>3,025.0<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='4'><strong>Performance Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Change<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>-4.91 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 21.64<br \/>\nEvaluated at bid price : 22.06<br \/>\nBid-YTW : 6.00 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.R<\/td>\n<td>Insurance Straight<\/td>\n<td>-2.85 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 20.10<br \/>\nEvaluated at bid price : 20.10<br \/>\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-2.08 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 17.93<br \/>\nEvaluated at bid price : 17.93<br \/>\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.G<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-2.00 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 19.11<br \/>\nEvaluated at bid price : 19.11<br \/>\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.E<\/td>\n<td>Insurance Straight<\/td>\n<td>-1.93 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 22.68<br \/>\nEvaluated at bid price : 22.92<br \/>\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.N<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.23 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 16.80<br \/>\nEvaluated at bid price : 16.80<br \/>\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n<tr>\n<td>ELF.PR.H<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.04 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 23.14<br \/>\nEvaluated at bid price : 23.40<br \/>\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.J<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.04 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 20.41<br \/>\nEvaluated at bid price : 20.41<br \/>\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.N<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.06 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 22.80<br \/>\nEvaluated at bid price : 23.75<br \/>\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.J<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.27 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 21.47<br \/>\nEvaluated at bid price : 21.47<br \/>\nBid-YTW : 6.57 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.D<\/td>\n<td>Insurance Straight<\/td>\n<td>1.30 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 20.26<br \/>\nEvaluated at bid price : 20.26<br \/>\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n<tr>\n<td>ELF.PR.F<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.45 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 22.66<br \/>\nEvaluated at bid price : 22.90<br \/>\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.I<\/td>\n<td>Insurance Straight<\/td>\n<td>1.60 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 19.10<br \/>\nEvaluated at bid price : 19.10<br \/>\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.T<\/td>\n<td>Insurance Straight<\/td>\n<td>1.65 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 21.88<br \/>\nEvaluated at bid price : 22.21<br \/>\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.P<\/td>\n<td>Insurance Straight<\/td>\n<td>1.68 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 23.30<br \/>\nEvaluated at bid price : 23.58<br \/>\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.T<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.73 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 22.65<br \/>\nEvaluated at bid price : 23.50<br \/>\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.A<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.75 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 21.67<br \/>\nEvaluated at bid price : 22.12<br \/>\nBid-YTW : 5.22 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.I<\/td>\n<td>FixedReset Prem<\/td>\n<td>2.07 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2027-10-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.59<br \/>\nBid-YTW : 3.92 %<\/td>\n<\/tr>\n<tr>\n<td>PVS.PR.K<\/td>\n<td>SplitShare<\/td>\n<td>2.50 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2029-05-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.00<br \/>\nBid-YTW : 4.56 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.F<\/td>\n<td>Perpetual-Discount<\/td>\n<td>3.94 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 19.50<br \/>\nEvaluated at bid price : 19.50<br \/>\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='4'><strong>Volume Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Shares<br \/>Traded<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.Q<\/td>\n<td>Insurance Straight<\/td>\n<td>40,200<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 21.86<br \/>\nEvaluated at bid price : 22.10<br \/>\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.H<\/td>\n<td>FixedReset Disc<\/td>\n<td>27,000<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 17.81<br \/>\nEvaluated at bid price : 17.81<br \/>\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.G<\/td>\n<td>Perpetual-Discount<\/td>\n<td>16,000<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 24.68<br \/>\nEvaluated at bid price : 25.00<br \/>\nBid-YTW : 6.00 %<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>14,800<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 22.37<br \/>\nEvaluated at bid price : 22.92<br \/>\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PF.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>14,400<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 20.38<br \/>\nEvaluated at bid price : 20.38<br \/>\nBid-YTW : 6.83 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.C<\/td>\n<td>Insurance Straight<\/td>\n<td>12,400<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 20.41<br \/>\nEvaluated at bid price : 20.41<br \/>\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n<tr>\n<td colspan='4'>There were 6 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='3'><strong>Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan='3'>See <a href='https:\/\/prefblog.com\/?p=13456'>TMX DataLinx: &#8216;Last&#8217; != &#8216;Close&#8217;<\/a> and the posts linked therein for an idea of why these quotes are so horrible.<\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Quote Data and Yield Notes<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.D<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 19.84 &#8211; 22.98<br \/>\nSpot Rate  :  3.1400<br \/>\nAverage  :  1.7470<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 19.84<br \/>\nEvaluated at bid price : 19.84<br \/>\nBid-YTW : 6.72 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PF.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 20.38 &#8211; 22.00<br \/>\nSpot Rate  :  1.6200<br \/>\nAverage  :  0.9536<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 20.38<br \/>\nEvaluated at bid price : 20.38<br \/>\nBid-YTW : 6.83 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PF.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 20.72 &#8211; 21.95<br \/>\nSpot Rate  :  1.2300<br \/>\nAverage  :  0.7375<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 20.72<br \/>\nEvaluated at bid price : 20.72<br \/>\nBid-YTW : 6.80 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PR.T<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 18.92 &#8211; 19.92<br \/>\nSpot Rate  :  1.0000<br \/>\nAverage  :  0.5931<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 18.92<br \/>\nEvaluated at bid price : 18.92<br \/>\nBid-YTW : 6.65 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.G<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 19.11 &#8211; 20.20<br \/>\nSpot Rate  :  1.0900<br \/>\nAverage  :  0.6846<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 19.11<br \/>\nEvaluated at bid price : 19.11<br \/>\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 22.06 &#8211; 24.00<br \/>\nSpot Rate  :  1.9400<br \/>\nAverage  :  1.5431<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-06-30<br \/>\nMaturity Price  : 21.64<br \/>\nEvaluated at bid price : 22.06<br \/>\nBid-YTW : 6.00 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>TXPR (price index) closed at yet another 52-week high of 662.30, compared to the old 52-week high, set Friday, of 659.14. HIMIPref&trade; Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref&trade; IndicesValues are &hellip;<\/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-48022","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48022","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=48022"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48022\/revisions"}],"predecessor-version":[{"id":48023,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48022\/revisions\/48023"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}