{"id":48792,"date":"2025-07-25T20:27:11","date_gmt":"2025-07-26T00:27:11","guid":{"rendered":"https:\/\/prefblog.com\/?p=48792"},"modified":"2025-07-26T14:34:49","modified_gmt":"2025-07-26T18:34:49","slug":"july-25-2017-2","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48792","title":{"rendered":"July 25, 2025"},"content":{"rendered":"

Another new high for the TXPR price index today, 674.88 (close: 674.85), outpacing yesterday’s mark of 674.51.<\/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>\n0.2361 %<\/td>\n2,347.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2361 %<\/td>\n4,570.2<\/td>\n<\/tr>\n
Floater<\/td>\n6.80 %<\/td>\n6.89 %<\/td>\n50,204<\/td>\n12.67<\/td>\n2<\/td>\n0.2361 %<\/td>\n2,633.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0393 %<\/td>\n3,680.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.76 %<\/td>\n4.23 %<\/td>\n53,960<\/td>\n2.43<\/td>\n7<\/td>\n0.0393 %<\/td>\n4,395.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0393 %<\/td>\n3,429.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0500 %<\/td>\n3,012.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.71 %<\/td>\n5.83 %<\/td>\n46,426<\/td>\n14.14<\/td>\n32<\/td>\n0.0500 %<\/td>\n3,284.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.58 %<\/td>\n6.25 %<\/td>\n126,926<\/td>\n13.24<\/td>\n40<\/td>\n0.1559 %<\/td>\n3,013.4<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.56 %<\/td>\n5.67 %<\/td>\n53,820<\/td>\n14.40<\/td>\n19<\/td>\n0.8073 %<\/td>\n3,256.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.55 %<\/td>\n5.36 %<\/td>\n38,475<\/td>\n14.86<\/td>\n2<\/td>\n-0.2370 %<\/td>\n3,688.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.71 %<\/td>\n4.82 %<\/td>\n108,027<\/td>\n2.59<\/td>\n16<\/td>\n0.2369 %<\/td>\n2,638.9<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1559 %<\/td>\n3,080.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.18 %<\/td>\n5.56 %<\/td>\n73,035<\/td>\n14.21<\/td>\n14<\/td>\n-0.0496 %<\/td>\n3,086.5<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n-3.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n-2.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 23.10
\nEvaluated at bid price : 23.60
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n-1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 22.16
\nEvaluated at bid price : 22.65
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 23.39
\nEvaluated at bid price : 25.00
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n-1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 17.40
\nEvaluated at bid price : 17.40
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n
ENB.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 23.45
\nEvaluated at bid price : 23.74
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 20.10
\nEvaluated at bid price : 20.10
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
ENB.PR.H<\/td>\nFixedReset Disc<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 21.89
\nEvaluated at bid price : 22.20
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 18.47
\nEvaluated at bid price : 18.47
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-11-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.94
\nBid-YTW : 2.98 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 21.23
\nEvaluated at bid price : 21.23
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 23.48
\nEvaluated at bid price : 23.83
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
FFH.PR.G<\/td>\nFixedReset Disc<\/td>\n1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 23.73
\nEvaluated at bid price : 24.70
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 21.81
\nEvaluated at bid price : 22.05
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n1.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 23.16
\nEvaluated at bid price : 24.86
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n2.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 22.23
\nEvaluated at bid price : 22.60
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n3.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.35
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n4.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 21.91
\nEvaluated at bid price : 22.15
\nBid-YTW : 5.52 %<\/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
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n208,950<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 18.25
\nEvaluated at bid price : 18.25
\nBid-YTW : 6.27 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n192,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 18.70
\nEvaluated at bid price : 18.70
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
ENB.PF.K<\/td>\nFixedReset Disc<\/td>\n67,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 23.13
\nEvaluated at bid price : 24.21
\nBid-YTW : 6.49 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n52,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 18.47
\nEvaluated at bid price : 18.47
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
BN.PF.B<\/td>\nFixedReset Disc<\/td>\n32,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 22.45
\nEvaluated at bid price : 23.15
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Disc<\/td>\n28,709<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 21.99
\nEvaluated at bid price : 22.51
\nBid-YTW : 6.51 %<\/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
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.05 – 23.25
\nSpot Rate : 2.2000
\nAverage : 1.3563<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n

BN.PR.R<\/td>\nFixedReset Disc<\/td>\nQuote: 18.50 – 20.45
\nSpot Rate : 1.9500
\nAverage : 1.5996<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 18.50
\nEvaluated at bid price : 18.50
\nBid-YTW : 7.10 %<\/td>\n<\/tr>\n

IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.60 – 24.12
\nSpot Rate : 0.5200
\nAverage : 0.3037<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 23.10
\nEvaluated at bid price : 23.60
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n

SLF.PR.J<\/td>\nFloatingReset<\/td>\nQuote: 17.40 – 18.08
\nSpot Rate : 0.6800
\nAverage : 0.4742<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 17.40
\nEvaluated at bid price : 17.40
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n

NA.PR.K<\/td>\nFixedReset Prem<\/td>\nQuote: 28.01 – 28.75
\nSpot Rate : 0.7400
\nAverage : 0.5646<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-05-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 28.01
\nBid-YTW : 4.17 %<\/td>\n<\/tr>\n

FTS.PR.K<\/td>\nFixedReset Disc<\/td>\nQuote: 22.65 – 23.00
\nSpot Rate : 0.3500
\nAverage : 0.2072<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-07-25
\nMaturity Price : 22.16
\nEvaluated at bid price : 22.65
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Another new high for the TXPR price index today, 674.88 (close: 674.85), outpacing yesterday’s mark of 674.51. HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized …<\/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-48792","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48792","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=48792"}],"version-history":[{"count":2,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48792\/revisions"}],"predecessor-version":[{"id":48844,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48792\/revisions\/48844"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}