{"id":49204,"date":"2025-08-11T22:46:16","date_gmt":"2025-08-12T02:46:16","guid":{"rendered":"https:\/\/prefblog.com\/?p=49204"},"modified":"2025-08-11T22:46:16","modified_gmt":"2025-08-12T02:46:16","slug":"august-11-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49204","title":{"rendered":"August 11, 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>\n6.92 %<\/td>\n7.37 %<\/td>\n38,273<\/td>\n13.05<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,391.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1271 %<\/td>\n4,592.7<\/td>\n<\/tr>\n
Floater<\/td>\n6.62 %<\/td>\n6.91 %<\/td>\n40,218<\/td>\n12.62<\/td>\n3<\/td>\n-0.1271 %<\/td>\n2,646.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1907 %<\/td>\n3,689.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.74 %<\/td>\n4.25 %<\/td>\n48,805<\/td>\n2.38<\/td>\n7<\/td>\n0.1907 %<\/td>\n4,406.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1907 %<\/td>\n3,438.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.79 %<\/td>\n-1.14 %<\/td>\n113,477<\/td>\n0.08<\/td>\n2<\/td>\n0.1388 %<\/td>\n3,077.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.62 %<\/td>\n5.74 %<\/td>\n45,573<\/td>\n14.24<\/td>\n30<\/td>\n-0.3078 %<\/td>\n3,333.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.58 %<\/td>\n6.14 %<\/td>\n122,544<\/td>\n13.30<\/td>\n37<\/td>\n0.1708 %<\/td>\n3,040.6<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.51 %<\/td>\n5.59 %<\/td>\n59,576<\/td>\n14.43<\/td>\n18<\/td>\n0.1628 %<\/td>\n3,277.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.26 %<\/td>\n5.32 %<\/td>\n34,099<\/td>\n14.90<\/td>\n1<\/td>\n0.2823 %<\/td>\n3,750.6<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.88 %<\/td>\n4.93 %<\/td>\n116,508<\/td>\n2.50<\/td>\n17<\/td>\n0.2033 %<\/td>\n2,630.8<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1708 %<\/td>\n3,108.1<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.25 %<\/td>\n5.64 %<\/td>\n68,047<\/td>\n14.21<\/td>\n15<\/td>\n0.3571 %<\/td>\n3,051.9<\/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\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n-9.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 22.46
\nEvaluated at bid price : 23.00
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n-7.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n-4.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 22.78
\nEvaluated at bid price : 23.06
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n-1.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 21.73
\nEvaluated at bid price : 21.98
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n-1.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 20.13
\nEvaluated at bid price : 20.13
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-1.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 21.61
\nEvaluated at bid price : 22.02
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 23.53
\nEvaluated at bid price : 23.80
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n
BN.PR.X<\/td>\nFixedReset Disc<\/td>\n-1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 19.38
\nEvaluated at bid price : 19.38
\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 22.66
\nEvaluated at bid price : 22.90
\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n
BN.PF.B<\/td>\nFixedReset Disc<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 22.59
\nEvaluated at bid price : 23.39
\nBid-YTW : 6.14 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Prem<\/td>\n1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-02-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.35
\nBid-YTW : 4.19 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 21.38
\nEvaluated at bid price : 21.38
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 20.19
\nEvaluated at bid price : 20.19
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 21.37
\nEvaluated at bid price : 21.64
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n2.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n2.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 22.03
\nEvaluated at bid price : 22.26
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n4.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 21.61
\nEvaluated at bid price : 22.00
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n5.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 22.87
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n9.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 5.83 %<\/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
BN.PF.B<\/td>\nFixedReset Disc<\/td>\n126,460<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 22.59
\nEvaluated at bid price : 23.39
\nBid-YTW : 6.14 %<\/td>\n<\/tr>\n
NA.PR.I<\/td>\nFixedReset Prem<\/td>\n109,766<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-05-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.15
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
ENB.PR.N<\/td>\nFixedReset Disc<\/td>\n42,711<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 23.10
\nEvaluated at bid price : 24.39
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Disc<\/td>\n41,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 22.23
\nEvaluated at bid price : 22.90
\nBid-YTW : 6.32 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Prem<\/td>\n35,300<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.55
\nBid-YTW : 4.98 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Prem<\/td>\n32,225<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-02-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.35
\nBid-YTW : 4.19 %<\/td>\n<\/tr>\n
There were 11 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
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.00 – 25.65
\nSpot Rate : 2.6500
\nAverage : 1.7306<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 22.46
\nEvaluated at bid price : 23.00
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n

MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\nQuote: 25.32 – 27.89
\nSpot Rate : 2.5700
\nAverage : 1.6671<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 23.67
\nEvaluated at bid price : 25.32
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n

PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.77 – 23.25
\nSpot Rate : 1.4800
\nAverage : 0.8394<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 21.51
\nEvaluated at bid price : 21.77
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n

CU.PR.J<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.00 – 21.60
\nSpot Rate : 1.6000
\nAverage : 1.0517<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n

ENB.PR.B<\/td>\nFixedReset Disc<\/td>\nQuote: 20.66 – 24.00
\nSpot Rate : 3.3400
\nAverage : 2.8125<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 20.66
\nEvaluated at bid price : 20.66
\nBid-YTW : 6.56 %<\/td>\n<\/tr>\n

GWO.PR.P<\/td>\nInsurance Straight<\/td>\nQuote: 23.06 – 24.32
\nSpot Rate : 1.2600
\nAverage : 0.7453<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-08-11
\nMaturity Price : 22.78
\nEvaluated at bid price : 23.06
\nBid-YTW : 5.93 %<\/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 6.92 % 7.37 …<\/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-49204","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49204","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=49204"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49204\/revisions"}],"predecessor-version":[{"id":49205,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49204\/revisions\/49205"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}