{"id":50172,"date":"2025-10-02T21:39:46","date_gmt":"2025-10-03T01:39:46","guid":{"rendered":"https:\/\/prefblog.com\/?p=50172"},"modified":"2025-10-02T21:39:46","modified_gmt":"2025-10-03T01:39:46","slug":"october-2-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50172","title":{"rendered":"October 2, 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>\n6.71 %<\/td>\n7.15 %<\/td>\n27,703<\/td>\n13.35<\/td>\n1<\/td>\n-0.6135 %<\/td>\n2,420.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0509 %<\/td>\n4,597.4<\/td>\n<\/tr>\n
Floater<\/td>\n6.28 %<\/td>\n6.57 %<\/td>\n59,219<\/td>\n13.13<\/td>\n3<\/td>\n0.0509 %<\/td>\n2,649.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0396 %<\/td>\n3,648.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.80 %<\/td>\n4.76 %<\/td>\n62,113<\/td>\n3.35<\/td>\n6<\/td>\n-0.0396 %<\/td>\n4,357.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0396 %<\/td>\n3,399.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.54 %<\/td>\n-1.31 %<\/td>\n85,336<\/td>\n0.08<\/td>\n4<\/td>\n-0.0991 %<\/td>\n3,084.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.58 %<\/td>\n5.65 %<\/td>\n46,138<\/td>\n14.36<\/td>\n28<\/td>\n0.8219 %<\/td>\n3,370.6<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.91 %<\/td>\n6.06 %<\/td>\n130,888<\/td>\n13.68<\/td>\n32<\/td>\n0.0056 %<\/td>\n3,034.1<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.53 %<\/td>\n5.56 %<\/td>\n54,798<\/td>\n14.56<\/td>\n18<\/td>\n0.4530 %<\/td>\n3,272.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0056 %<\/td>\n3,609.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.79 %<\/td>\n4.95 %<\/td>\n126,520<\/td>\n2.82<\/td>\n20<\/td>\n0.1031 %<\/td>\n2,631.7<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0056 %<\/td>\n3,101.5<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.31 %<\/td>\n5.37 %<\/td>\n56,783<\/td>\n14.50<\/td>\n15<\/td>\n-1.2156 %<\/td>\n3,016.3<\/td>\n<\/tr>\n<\/table>\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
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-22.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 6.82 %<\/td>\n<\/tr>\n
ENB.PR.H<\/td>\nFixedReset Disc<\/td>\n-3.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 20.40
\nEvaluated at bid price : 20.40
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
POW.PR.B<\/td>\nPerpetual-Discount<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 23.32
\nEvaluated at bid price : 23.60
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
PWF.PR.H<\/td>\nPerpetual-Discount<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 24.92
\nEvaluated at bid price : 25.15
\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 22.74
\nEvaluated at bid price : 23.84
\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n
PWF.PR.O<\/td>\nPerpetual-Discount<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-11-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.29
\nBid-YTW : 3.71 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 23.54
\nEvaluated at bid price : 23.81
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 18.50
\nEvaluated at bid price : 18.50
\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n2.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 22.73
\nEvaluated at bid price : 23.02
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\n2.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 22.22
\nEvaluated at bid price : 22.50
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n4.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.52
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n8.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 21.64
\nEvaluated at bid price : 21.89
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n13.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 20.35
\nEvaluated at bid price : 20.35
\nBid-YTW : 5.60 %<\/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.PR.R<\/td>\nFixedReset Disc<\/td>\n178,501<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 19.90
\nEvaluated at bid price : 19.90
\nBid-YTW : 6.27 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n81,619<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-11-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.07
\nBid-YTW : 3.25 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Prem<\/td>\n67,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 23.35
\nEvaluated at bid price : 25.01
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n64,807<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.52
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
ENB.PR.P<\/td>\nFixedReset Disc<\/td>\n49,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 21.51
\nEvaluated at bid price : 21.51
\nBid-YTW : 6.37 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n40,750<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 20.25
\nEvaluated at bid price : 20.25
\nBid-YTW : 6.46 %<\/td>\n<\/tr>\n
There were 10 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
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\nQuote: 16.75 – 21.87
\nSpot Rate : 5.1200
\nAverage : 2.8224<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 6.82 %<\/td>\n<\/tr>\n

BN.PF.A<\/td>\nFixedReset Disc<\/td>\nQuote: 25.50 – 26.50
\nSpot Rate : 1.0000
\nAverage : 0.5649<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 23.54
\nEvaluated at bid price : 25.50
\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n

IFC.PR.E<\/td>\nInsurance Straight<\/td>\nQuote: 22.10 – 24.25
\nSpot Rate : 2.1500
\nAverage : 1.7604<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 21.81
\nEvaluated at bid price : 22.10
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n

GWO.PR.G<\/td>\nInsurance Straight<\/td>\nQuote: 23.81 – 25.00
\nSpot Rate : 1.1900
\nAverage : 0.8289<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 23.54
\nEvaluated at bid price : 23.81
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n

ENB.PR.H<\/td>\nFixedReset Disc<\/td>\nQuote: 21.40 – 22.37
\nSpot Rate : 0.9700
\nAverage : 0.6275<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n

BN.PR.X<\/td>\nFixedReset Disc<\/td>\nQuote: 18.71 – 20.25
\nSpot Rate : 1.5400
\nAverage : 1.2507<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-02
\nMaturity Price : 18.71
\nEvaluated at bid price : 18.71
\nBid-YTW : 6.14 %<\/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 6.71 % 7.15 …<\/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-50172","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50172","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=50172"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50172\/revisions"}],"predecessor-version":[{"id":50173,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50172\/revisions\/50173"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}