{"id":50391,"date":"2025-10-17T20:46:15","date_gmt":"2025-10-18T00:46:15","guid":{"rendered":"https:\/\/prefblog.com\/?p=50391"},"modified":"2025-10-17T20:46:15","modified_gmt":"2025-10-18T00:46:15","slug":"october-17-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50391","title":{"rendered":"October 17, 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>\n6.57 %<\/td>\n7.02 %<\/td>\n21,851<\/td>\n13.47<\/td>\n1<\/td>\n0.6135 %<\/td>\n2,450.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1524 %<\/td>\n4,595.0<\/td>\n<\/tr>\n
Floater<\/td>\n6.28 %<\/td>\n6.58 %<\/td>\n54,385<\/td>\n13.09<\/td>\n3<\/td>\n-0.1524 %<\/td>\n2,648.1<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0157 %<\/td>\n3,675.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.75 %<\/td>\n4.42 %<\/td>\n64,208<\/td>\n3.31<\/td>\n5<\/td>\n-0.0157 %<\/td>\n4,389.2<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0157 %<\/td>\n3,424.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.49 %<\/td>\n-0.83 %<\/td>\n77,532<\/td>\n0.09<\/td>\n7<\/td>\n0.0057 %<\/td>\n3,095.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.59 %<\/td>\n5.63 %<\/td>\n45,611<\/td>\n14.47<\/td>\n26<\/td>\n0.0222 %<\/td>\n3,374.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.98 %<\/td>\n5.99 %<\/td>\n110,049<\/td>\n13.71<\/td>\n30<\/td>\n-0.0557 %<\/td>\n3,052.6<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.48 %<\/td>\n5.50 %<\/td>\n57,143<\/td>\n14.57<\/td>\n22<\/td>\n-0.0514 %<\/td>\n3,322.0<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0557 %<\/td>\n3,631.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.65 %<\/td>\n4.88 %<\/td>\n130,745<\/td>\n2.78<\/td>\n22<\/td>\n-0.0585 %<\/td>\n2,624.7<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0557 %<\/td>\n3,120.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.31 %<\/td>\n5.40 %<\/td>\n57,962<\/td>\n14.44<\/td>\n15<\/td>\n-1.5015 %<\/td>\n3,018.7<\/td>\n<\/tr>\n<\/table>\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: 2055-10-17
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 6.84 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n-3.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-17
\nMaturity Price : 21.19
\nEvaluated at bid price : 21.19
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
POW.PR.B<\/td>\nPerpetual-Discount<\/td>\n-1.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-17
\nMaturity Price : 23.15
\nEvaluated at bid price : 23.45
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset Prem<\/td>\n-1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-17
\nMaturity Price : 23.48
\nEvaluated at bid price : 25.08
\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-17
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-17
\nMaturity Price : 18.50
\nEvaluated at bid price : 18.50
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nInsurance Straight<\/td>\n1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-17
\nMaturity Price : 24.41
\nEvaluated at bid price : 24.75
\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n
POW.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-17
\nMaturity Price : 24.56
\nEvaluated at bid price : 24.81
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-17
\nMaturity Price : 21.47
\nEvaluated at bid price : 21.73
\nBid-YTW : 5.21 %<\/td>\n<\/tr>\n
BN.PR.X<\/td>\nFixedReset Disc<\/td>\n1.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-17
\nMaturity Price : 20.15
\nEvaluated at bid price : 20.15
\nBid-YTW : 5.71 %<\/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
GWO.PR.Z<\/td>\nInsurance Straight<\/td>\n279,930<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2034-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.51
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
POW.PR.H<\/td>\nPerpetual-Premium<\/td>\n271,684<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2034-10-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.51
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n260,042<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-17
\nMaturity Price : 23.33
\nEvaluated at bid price : 23.60
\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n
BN.PF.C<\/td>\nPerpetual-Discount<\/td>\n253,671<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-17
\nMaturity Price : 20.75
\nEvaluated at bid price : 20.75
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n200,735<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-17
\nMaturity Price : 23.36
\nEvaluated at bid price : 23.65
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n102,460<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-17
\nMaturity Price : 18.65
\nEvaluated at bid price : 18.65
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
There were 37 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 – 21.95
\nSpot Rate : 5.2000
\nAverage : 3.2012<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-17
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 6.84 %<\/td>\n<\/tr>\n

IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.96 – 25.00
\nSpot Rate : 1.0400
\nAverage : 0.6300<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-17
\nMaturity Price : 23.40
\nEvaluated at bid price : 23.96
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n

PVS.PR.M<\/td>\nSplitShare<\/td>\nQuote: 25.78 – 26.78
\nSpot Rate : 1.0000
\nAverage : 0.5956<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2031-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.78
\nBid-YTW : 4.65 %<\/td>\n<\/tr>\n

CU.PR.H<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.80 – 25.00
\nSpot Rate : 1.2000
\nAverage : 0.8209<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-17
\nMaturity Price : 23.53
\nEvaluated at bid price : 23.80
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n

GWO.PR.R<\/td>\nInsurance Straight<\/td>\nQuote: 21.19 – 22.19
\nSpot Rate : 1.0000
\nAverage : 0.7027<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-17
\nMaturity Price : 21.19
\nEvaluated at bid price : 21.19
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n

BN.PR.N<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.45 – 21.60
\nSpot Rate : 1.1500
\nAverage : 0.8952<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-10-17
\nMaturity Price : 20.45
\nEvaluated at bid price : 20.45
\nBid-YTW : 5.87 %<\/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 6.57 % 7.02 …<\/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-50391","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50391","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=50391"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50391\/revisions"}],"predecessor-version":[{"id":50392,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50391\/revisions\/50392"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}