{"id":50166,"date":"2025-09-30T22:03:04","date_gmt":"2025-10-01T02:03:04","guid":{"rendered":"https:\/\/prefblog.com\/?p=50166"},"modified":"2025-09-30T22:03:04","modified_gmt":"2025-10-01T02:03:04","slug":"september-30-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50166","title":{"rendered":"September 30, 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>\n6.73 %<\/td>\n7.16 %<\/td>\n29,098<\/td>\n13.34<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,420.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1529 %<\/td>\n4,582.2<\/td>\n<\/tr>\n
Floater<\/td>\n6.30 %<\/td>\n6.58 %<\/td>\n60,728<\/td>\n13.12<\/td>\n3<\/td>\n-0.1529 %<\/td>\n2,640.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0528 %<\/td>\n3,651.0<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.80 %<\/td>\n4.44 %<\/td>\n62,057<\/td>\n3.36<\/td>\n6<\/td>\n0.0528 %<\/td>\n4,360.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0528 %<\/td>\n3,401.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.53 %<\/td>\n-2.98 %<\/td>\n89,000<\/td>\n0.08<\/td>\n4<\/td>\n0.0991 %<\/td>\n3,089.5<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.59 %<\/td>\n5.66 %<\/td>\n46,713<\/td>\n14.33<\/td>\n28<\/td>\n-0.0283 %<\/td>\n3,363.0<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.89 %<\/td>\n6.00 %<\/td>\n128,099<\/td>\n13.74<\/td>\n32<\/td>\n0.0863 %<\/td>\n3,042.6<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.52 %<\/td>\n5.55 %<\/td>\n54,728<\/td>\n14.54<\/td>\n18<\/td>\n-0.2617 %<\/td>\n3,276.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.22 %<\/td>\n5.24 %<\/td>\n41,563<\/td>\n15.09<\/td>\n1<\/td>\n-3.9616 %<\/td>\n3,619.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.66 %<\/td>\n4.95 %<\/td>\n125,966<\/td>\n2.41<\/td>\n21<\/td>\n0.0260 %<\/td>\n2,630.7<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0863 %<\/td>\n3,110.1<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.24 %<\/td>\n5.40 %<\/td>\n59,227<\/td>\n14.51<\/td>\n15<\/td>\n0.1456 %<\/td>\n3,060.1<\/td>\n<\/tr>\n<\/table>\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
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n-4.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-30
\nMaturity Price : 21.75
\nEvaluated at bid price : 22.00
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
FFH.PR.H<\/td>\nFloatingReset<\/td>\n-3.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-30
\nMaturity Price : 23.69
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.24 %<\/td>\n<\/tr>\n
BN.PF.C<\/td>\nPerpetual-Discount<\/td>\n-1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-30
\nMaturity Price : 20.46
\nEvaluated at bid price : 20.46
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n-1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-30
\nMaturity Price : 22.80
\nEvaluated at bid price : 23.82
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-30
\nMaturity Price : 21.16
\nEvaluated at bid price : 21.16
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-30
\nMaturity Price : 22.18
\nEvaluated at bid price : 22.46
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-30
\nMaturity Price : 23.19
\nEvaluated at bid price : 23.75
\nBid-YTW : 5.57 %<\/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.S<\/td>\nFixedReset Prem<\/td>\n135,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.40
\nBid-YTW : 4.95 %<\/td>\n<\/tr>\n
FFH.PR.G<\/td>\nFixedReset Prem<\/td>\n79,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-30
\nMaturity Price : 23.91
\nEvaluated at bid price : 24.99
\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n32,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-30
\nMaturity Price : 21.15
\nEvaluated at bid price : 21.15
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n
ENB.PR.D<\/td>\nFixedReset Disc<\/td>\n24,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-30
\nMaturity Price : 20.71
\nEvaluated at bid price : 20.71
\nBid-YTW : 6.33 %<\/td>\n<\/tr>\n
ENB.PR.Y<\/td>\nFixedReset Disc<\/td>\n23,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-30
\nMaturity Price : 20.27
\nEvaluated at bid price : 20.27
\nBid-YTW : 6.47 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n23,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-30
\nMaturity Price : 23.27
\nEvaluated at bid price : 25.09
\nBid-YTW : 4.94 %<\/td>\n<\/tr>\n
There were 21 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
FFH.PR.H<\/td>\nFloatingReset<\/td>\nQuote: 24.00 – 25.00
\nSpot Rate : 1.0000
\nAverage : 0.5304<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-30
\nMaturity Price : 23.69
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.24 %<\/td>\n<\/tr>\n

PVS.PR.H<\/td>\nSplitShare<\/td>\nQuote: 25.14 – 26.14
\nSpot Rate : 1.0000
\nAverage : 0.5621<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.14
\nBid-YTW : 4.08 %<\/td>\n<\/tr>\n

GWO.PR.Q<\/td>\nInsurance Straight<\/td>\nQuote: 22.00 – 24.20
\nSpot Rate : 2.2000
\nAverage : 1.8124<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-30
\nMaturity Price : 21.75
\nEvaluated at bid price : 22.00
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n

MFC.PR.B<\/td>\nInsurance Straight<\/td>\nQuote: 21.53 – 22.50
\nSpot Rate : 0.9700
\nAverage : 0.5891<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-30
\nMaturity Price : 21.26
\nEvaluated at bid price : 21.53
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n

BN.PF.I<\/td>\nFixedReset Prem<\/td>\nQuote: 25.08 – 26.08
\nSpot Rate : 1.0000
\nAverage : 0.6389<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.08
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n

CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.40 – 21.75
\nSpot Rate : 1.3500
\nAverage : 0.9974<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-30
\nMaturity Price : 20.40
\nEvaluated at bid price : 20.40
\nBid-YTW : 5.58 %<\/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 6.73 % 7.16 …<\/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-50166","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50166","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=50166"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50166\/revisions"}],"predecessor-version":[{"id":50167,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50166\/revisions\/50167"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}