{"id":50557,"date":"2025-11-05T20:49:44","date_gmt":"2025-11-06T01:49:44","guid":{"rendered":"https:\/\/prefblog.com\/?p=50557"},"modified":"2025-11-05T20:49:44","modified_gmt":"2025-11-06T01:49:44","slug":"november-5-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50557","title":{"rendered":"November 5, 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>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1277 %<\/td>\n2,417.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1277 %<\/td>\n4,583.3<\/td>\n<\/tr>\n
Floater<\/td>\n5.96 %<\/td>\n6.23 %<\/td>\n58,093<\/td>\n13.54<\/td>\n3<\/td>\n0.1277 %<\/td>\n2,641.4<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2497 %<\/td>\n3,688.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.73 %<\/td>\n4.48 %<\/td>\n68,806<\/td>\n3.27<\/td>\n5<\/td>\n-0.2497 %<\/td>\n4,405.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2497 %<\/td>\n3,437.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.65 %<\/td>\n-9.60 %<\/td>\n79,267<\/td>\n0.09<\/td>\n6<\/td>\n-0.2020 %<\/td>\n3,117.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.41 %<\/td>\n5.50 %<\/td>\n46,197<\/td>\n14.60<\/td>\n25<\/td>\n0.1546 %<\/td>\n3,457.3<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.74 %<\/td>\n5.89 %<\/td>\n110,448<\/td>\n13.78<\/td>\n30<\/td>\n0.2692 %<\/td>\n3,116.6<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.42 %<\/td>\n5.42 %<\/td>\n55,508<\/td>\n14.65<\/td>\n21<\/td>\n-0.9752 %<\/td>\n3,353.6<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2692 %<\/td>\n3,707.6<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.84 %<\/td>\n4.12 %<\/td>\n109,371<\/td>\n2.34<\/td>\n21<\/td>\n0.1950 %<\/td>\n2,652.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2692 %<\/td>\n3,185.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.17 %<\/td>\n5.28 %<\/td>\n58,067<\/td>\n14.56<\/td>\n15<\/td>\n0.0258 %<\/td>\n3,102.1<\/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
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n-16.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 18.90
\nEvaluated at bid price : 18.90
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n-10.90 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 19.71
\nEvaluated at bid price : 19.71
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n-3.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 23.49
\nEvaluated at bid price : 23.75
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n-2.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 23.92
\nEvaluated at bid price : 24.16
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
POW.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 24.69
\nEvaluated at bid price : 25.01
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
PWF.PR.O<\/td>\nPerpetual-Premium<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-05
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.20
\nBid-YTW : -2.93 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 17.52
\nEvaluated at bid price : 17.52
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
POW.PR.B<\/td>\nPerpetual-Discount<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 23.73
\nEvaluated at bid price : 24.04
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 22.56
\nEvaluated at bid price : 22.82
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 23.10
\nEvaluated at bid price : 24.61
\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n
PWF.PR.R<\/td>\nPerpetual-Discount<\/td>\n1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 24.50
\nEvaluated at bid price : 24.73
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
BN.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 23.54
\nEvaluated at bid price : 24.97
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n1.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 23.48
\nEvaluated at bid price : 23.75
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
ELF.PR.H<\/td>\nPerpetual-Discount<\/td>\n1.86 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 24.46
\nEvaluated at bid price : 24.70
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n2.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 23.71
\nEvaluated at bid price : 24.02
\nBid-YTW : 5.47 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Prem<\/td>\n2.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.05
\nBid-YTW : 4.02 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n6.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 22.10
\nEvaluated at bid price : 22.32
\nBid-YTW : 5.09 %<\/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
BMO.PR.E<\/td>\nFixedReset Prem<\/td>\n100,310<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-11-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.15
\nBid-YTW : 3.71 %<\/td>\n<\/tr>\n
ENB.PR.Y<\/td>\nFixedReset Disc<\/td>\n52,475<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 6.24 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n22,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 23.44
\nEvaluated at bid price : 25.10
\nBid-YTW : 5.16 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n22,515<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 21.83
\nEvaluated at bid price : 22.23
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n
PVS.PR.M<\/td>\nSplitShare<\/td>\n21,100<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2031-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.69
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n
ENB.PR.H<\/td>\nFixedReset Disc<\/td>\n16,299<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 22.31
\nEvaluated at bid price : 22.77
\nBid-YTW : 5.66 %<\/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
MFC.PR.B<\/td>\nInsurance Straight<\/td>\nQuote: 18.90 – 22.73
\nSpot Rate : 3.8300
\nAverage : 2.1647<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 18.90
\nEvaluated at bid price : 18.90
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n

MFC.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 19.71 – 22.48
\nSpot Rate : 2.7700
\nAverage : 1.6223<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 19.71
\nEvaluated at bid price : 19.71
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n

IFC.PR.E<\/td>\nInsurance Straight<\/td>\nQuote: 23.75 – 24.63
\nSpot Rate : 0.8800
\nAverage : 0.5257<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 23.49
\nEvaluated at bid price : 23.75
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n

FTS.PR.K<\/td>\nFixedReset Disc<\/td>\nQuote: 23.38 – 24.25
\nSpot Rate : 0.8700
\nAverage : 0.5547<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 22.62
\nEvaluated at bid price : 23.38
\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n

BN.PF.I<\/td>\nFixedReset Prem<\/td>\nQuote: 25.65 – 26.65
\nSpot Rate : 1.0000
\nAverage : 0.7607<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.65
\nBid-YTW : 3.89 %<\/td>\n<\/tr>\n

GWO.PR.P<\/td>\nInsurance Straight<\/td>\nQuote: 24.16 – 25.00
\nSpot Rate : 0.8400
\nAverage : 0.6497<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-05
\nMaturity Price : 23.92
\nEvaluated at bid price : 24.16
\nBid-YTW : 5.65 %<\/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 0.00 % 0.00 …<\/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-50557","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50557","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=50557"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50557\/revisions"}],"predecessor-version":[{"id":50558,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50557\/revisions\/50558"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}