{"id":50174,"date":"2025-10-03T21:00:48","date_gmt":"2025-10-04T01:00:48","guid":{"rendered":"https:\/\/prefblog.com\/?p=50174"},"modified":"2025-10-03T21:00:48","modified_gmt":"2025-10-04T01:00:48","slug":"october-3-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50174","title":{"rendered":"October 3, 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>\n6.68 %<\/td>\n7.12 %<\/td>\n28,696<\/td>\n13.38<\/td>\n1<\/td>\n0.3086 %<\/td>\n2,428.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0763 %<\/td>\n4,600.9<\/td>\n<\/tr>\n
Floater<\/td>\n6.27 %<\/td>\n6.58 %<\/td>\n58,347<\/td>\n13.12<\/td>\n3<\/td>\n0.0763 %<\/td>\n2,651.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0330 %<\/td>\n3,649.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.80 %<\/td>\n4.39 %<\/td>\n59,851<\/td>\n3.35<\/td>\n6<\/td>\n0.0330 %<\/td>\n4,358.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0330 %<\/td>\n3,400.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.54 %<\/td>\n-0.16 %<\/td>\n84,442<\/td>\n0.08<\/td>\n4<\/td>\n0.1190 %<\/td>\n3,088.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.57 %<\/td>\n5.65 %<\/td>\n46,201<\/td>\n14.35<\/td>\n28<\/td>\n0.0517 %<\/td>\n3,372.3<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.89 %<\/td>\n6.02 %<\/td>\n125,708<\/td>\n13.70<\/td>\n32<\/td>\n0.2971 %<\/td>\n3,043.1<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.49 %<\/td>\n5.53 %<\/td>\n56,243<\/td>\n14.57<\/td>\n18<\/td>\n0.6343 %<\/td>\n3,293.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2971 %<\/td>\n3,620.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.77 %<\/td>\n4.78 %<\/td>\n125,811<\/td>\n2.40<\/td>\n20<\/td>\n0.2604 %<\/td>\n2,638.6<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2971 %<\/td>\n3,110.7<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.23 %<\/td>\n5.36 %<\/td>\n54,572<\/td>\n14.53<\/td>\n15<\/td>\n1.5964 %<\/td>\n3,064.4<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\n-4.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 22.63
\nEvaluated at bid price : 22.88
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n-1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 22.66
\nEvaluated at bid price : 22.90
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 23.20
\nEvaluated at bid price : 23.50
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
ENB.PR.F<\/td>\nFixedReset Disc<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 21.06
\nEvaluated at bid price : 21.06
\nBid-YTW : 6.40 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 22.11
\nEvaluated at bid price : 22.33
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 21.28
\nEvaluated at bid price : 21.55
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 21.52
\nEvaluated at bid price : 21.78
\nBid-YTW : 5.60 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 23.88
\nEvaluated at bid price : 24.13
\nBid-YTW : 5.47 %<\/td>\n<\/tr>\n
CIU.PR.A<\/td>\nPerpetual-Discount<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
NA.PR.K<\/td>\nFixedReset Prem<\/td>\n1.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-05-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 28.25
\nBid-YTW : 4.15 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n2.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 18.31
\nEvaluated at bid price : 18.31
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n2.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 20.86
\nEvaluated at bid price : 20.86
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
ENB.PR.H<\/td>\nFixedReset Disc<\/td>\n4.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 22.05
\nEvaluated at bid price : 22.40
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n7.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 23.48
\nEvaluated at bid price : 23.75
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n28.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 5.30 %<\/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
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n59,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 22.79
\nEvaluated at bid price : 23.88
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Prem<\/td>\n59,300<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-11-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.54
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Prem<\/td>\n49,860<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.39
\nBid-YTW : 4.99 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n29,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 23.50
\nEvaluated at bid price : 25.19
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
NA.PR.C<\/td>\nFixedReset Prem<\/td>\n19,400<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-11-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.64
\nBid-YTW : 4.26 %<\/td>\n<\/tr>\n
ENB.PR.J<\/td>\nFixedReset Disc<\/td>\n15,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 21.76
\nEvaluated at bid price : 22.05
\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n
There were 4 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
POW.PR.H<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.32 – 26.32
\nSpot Rate : 1.0000
\nAverage : 0.5810<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2034-10-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.32
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n

CU.PR.H<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.88 – 24.25
\nSpot Rate : 1.3700
\nAverage : 0.9704<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 22.63
\nEvaluated at bid price : 22.88
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n

GWO.PR.M<\/td>\nInsurance Straight<\/td>\nQuote: 25.19 – 26.19
\nSpot Rate : 1.0000
\nAverage : 0.6631<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-11-02
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.19
\nBid-YTW : -2.83 %<\/td>\n<\/tr>\n

BN.PR.N<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.30 – 21.30
\nSpot Rate : 1.0000
\nAverage : 0.6649<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 20.30
\nEvaluated at bid price : 20.30
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n

GWO.PR.S<\/td>\nInsurance Straight<\/td>\nQuote: 24.13 – 24.99
\nSpot Rate : 0.8600
\nAverage : 0.5527<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 23.88
\nEvaluated at bid price : 24.13
\nBid-YTW : 5.47 %<\/td>\n<\/tr>\n

CCS.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 22.33 – 23.25
\nSpot Rate : 0.9200
\nAverage : 0.6864<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-03
\nMaturity Price : 22.11
\nEvaluated at bid price : 22.33
\nBid-YTW : 5.63 %<\/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 6.68 % 7.12 …<\/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-50174","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50174","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=50174"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50174\/revisions"}],"predecessor-version":[{"id":50175,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50174\/revisions\/50175"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}