{"id":50597,"date":"2025-11-11T21:07:32","date_gmt":"2025-11-12T02:07:32","guid":{"rendered":"https:\/\/prefblog.com\/?p=50597"},"modified":"2025-11-11T21:07:32","modified_gmt":"2025-11-12T02:07:32","slug":"november-11-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50597","title":{"rendered":"November 11, 2025"},"content":{"rendered":"<p>The TXPR Price Index set a new 52-week high today of 693.91, beating the old mark of 693.26 set October 31.<\/p>\n<table border='1'>\n<tr>\n<td colspan='8'><strong>HIMIPref&trade; Preferred Indices<br \/>These values reflect the December 2008 revision of the HIMIPref&trade; Indices<\/strong><br \/>Values are provisional and are finalized monthly<\/td>\n<\/tr>\n<tr>\n<td>Index<\/td>\n<td>Mean<br \/>Current<br \/>Yield<br \/>(at bid)<\/td>\n<td>Median<br \/>YTW<\/td>\n<td>Median<br \/>Average<br \/>Trading<br \/>Value<\/td>\n<td>Median<br \/>Mod Dur<br \/>(YTW)<\/td>\n<td>Issues<\/td>\n<td>Day&#8217;s Perf.<\/td>\n<td>Index Value<\/td>\n<\/tr>\n<tr>\n<td>Ratchet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.3830 %<\/td>\n<td>2,423.9<\/td>\n<\/tr>\n<tr>\n<td>FixedFloater<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.3830 %<\/td>\n<td>4,596.2<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>5.94 %<\/td>\n<td>6.23 %<\/td>\n<td>54,247<\/td>\n<td>13.54<\/td>\n<td>3<\/td>\n<td>0.3830 %<\/td>\n<td>2,648.8<\/td>\n<\/tr>\n<tr>\n<td>OpRet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.1404 %<\/td>\n<td>3,693.9<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.73 %<\/td>\n<td>4.25 %<\/td>\n<td>64,415<\/td>\n<td>3.25<\/td>\n<td>5<\/td>\n<td>-0.1404 %<\/td>\n<td>4,411.3<\/td>\n<\/tr>\n<tr>\n<td>Interest-Bearing<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.1404 %<\/td>\n<td>3,441.8<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.63 %<\/td>\n<td>-17.47 %<\/td>\n<td>72,902<\/td>\n<td>0.09<\/td>\n<td>6<\/td>\n<td>0.1498 %<\/td>\n<td>3,130.1<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.41 %<\/td>\n<td>5.49 %<\/td>\n<td>47,251<\/td>\n<td>14.58<\/td>\n<td>25<\/td>\n<td>0.1530 %<\/td>\n<td>3,456.0<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Disc<\/td>\n<td>5.71 %<\/td>\n<td>5.89 %<\/td>\n<td>111,219<\/td>\n<td>13.74<\/td>\n<td>30<\/td>\n<td>0.4567 %<\/td>\n<td>3,135.1<\/td>\n<\/tr>\n<tr>\n<td>Insurance Straight<\/td>\n<td>5.34 %<\/td>\n<td>5.39 %<\/td>\n<td>58,508<\/td>\n<td>14.69<\/td>\n<td>21<\/td>\n<td>-0.0951 %<\/td>\n<td>3,404.4<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.4567 %<\/td>\n<td>3,729.5<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Prem<\/td>\n<td>5.85 %<\/td>\n<td>4.72 %<\/td>\n<td>106,475<\/td>\n<td>2.29<\/td>\n<td>21<\/td>\n<td>-0.0165 %<\/td>\n<td>2,648.6<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Bank Non<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.4567 %<\/td>\n<td>3,204.7<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Ins Non<\/td>\n<td>5.14 %<\/td>\n<td>5.29 %<\/td>\n<td>63,788<\/td>\n<td>14.52<\/td>\n<td>15<\/td>\n<td>-0.0428 %<\/td>\n<td>3,119.8<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='4'><strong>Performance Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Change<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.T<\/td>\n<td>Insurance Straight<\/td>\n<td>-4.58 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 22.88<br \/>\nEvaluated at bid price : 23.15<br \/>\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.K<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.96 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 22.22<br \/>\nEvaluated at bid price : 22.50<br \/>\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.L<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.49 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 23.08<br \/>\nEvaluated at bid price : 24.43<br \/>\nBid-YTW : 5.24 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.R<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.34 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 24.09<br \/>\nEvaluated at bid price : 24.35<br \/>\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.G<\/td>\n<td>FixedReset Prem<\/td>\n<td>-1.27 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2028-11-16<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.41<br \/>\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.E<\/td>\n<td>Insurance Straight<\/td>\n<td>1.04 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 24.12<br \/>\nEvaluated at bid price : 24.40<br \/>\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.Z<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.07 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 23.33<br \/>\nEvaluated at bid price : 23.60<br \/>\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.S<\/td>\n<td>FixedReset Prem<\/td>\n<td>1.13 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2028-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.05<br \/>\nBid-YTW : 4.00 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.F<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.14 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 21.90<br \/>\nEvaluated at bid price : 22.15<br \/>\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.17 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 19.00<br \/>\nEvaluated at bid price : 19.00<br \/>\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.B<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.19 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 21.34<br \/>\nEvaluated at bid price : 21.34<br \/>\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.H<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.23 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 22.49<br \/>\nEvaluated at bid price : 23.05<br \/>\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.P<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.25 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 18.60<br \/>\nEvaluated at bid price : 18.60<br \/>\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.Y<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.42 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 21.40<br \/>\nEvaluated at bid price : 21.40<br \/>\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n<tr>\n<td>ELF.PR.H<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.48 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 24.30<br \/>\nEvaluated at bid price : 24.61<br \/>\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.C<\/td>\n<td>Insurance Straight<\/td>\n<td>1.82 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 22.12<br \/>\nEvaluated at bid price : 22.40<br \/>\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PF.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.91 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 21.95<br \/>\nEvaluated at bid price : 22.42<br \/>\nBid-YTW : 6.14 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.F<\/td>\n<td>Insurance Straight<\/td>\n<td>2.08 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 23.71<br \/>\nEvaluated at bid price : 24.00<br \/>\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PR.M<\/td>\n<td>Perpetual-Discount<\/td>\n<td>2.58 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 21.50<br \/>\nEvaluated at bid price : 21.50<br \/>\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>3.00 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 23.66<br \/>\nEvaluated at bid price : 24.05<br \/>\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='4'><strong>Volume Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Shares<br \/>Traded<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>297,845<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 19.00<br \/>\nEvaluated at bid price : 19.00<br \/>\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PF.F<\/td>\n<td>FixedReset Disc<\/td>\n<td>166,226<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 22.95<br \/>\nEvaluated at bid price : 24.20<br \/>\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.L<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>157,289<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 23.08<br \/>\nEvaluated at bid price : 24.43<br \/>\nBid-YTW : 5.24 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.T<\/td>\n<td>FixedReset Disc<\/td>\n<td>144,214<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 22.72<br \/>\nEvaluated at bid price : 23.61<br \/>\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.F<\/td>\n<td>FixedReset Disc<\/td>\n<td>114,806<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 21.90<br \/>\nEvaluated at bid price : 22.15<br \/>\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PF.A<\/td>\n<td>FixedReset Prem<\/td>\n<td>106,090<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 23.63<br \/>\nEvaluated at bid price : 25.71<br \/>\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n<tr>\n<td colspan='4'>There were 19 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='3'><strong>Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan='3'>See <a href='https:\/\/prefblog.com\/?p=13456'>TMX DataLinx: &#8216;Last&#8217; != &#8216;Close&#8217;<\/a> and the posts linked therein for an idea of why these quotes are so horrible.<\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Quote Data and Yield Notes<\/td>\n<\/tr>\n<tr>\n<td>ENB.PF.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 22.27 &#8211; 24.50<br \/>\nSpot Rate  :  2.2300<br \/>\nAverage  :  1.2733<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 21.86<br \/>\nEvaluated at bid price : 22.27<br \/>\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.Z<\/td>\n<td>Insurance Straight<\/td>\n<td>Quote: 25.92 &#8211; 28.00<br \/>\nSpot Rate  :  2.0800<br \/>\nAverage  :  1.3316<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2034-09-30<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.92<br \/>\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.T<\/td>\n<td>Insurance Straight<\/td>\n<td>Quote: 23.15 &#8211; 24.30<br \/>\nSpot Rate  :  1.1500<br \/>\nAverage  :  0.7804<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 22.88<br \/>\nEvaluated at bid price : 23.15<br \/>\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.I<\/td>\n<td>Insurance Straight<\/td>\n<td>Quote: 24.60 &#8211; 25.95<br \/>\nSpot Rate  :  1.3500<br \/>\nAverage  :  0.9872<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 24.31<br \/>\nEvaluated at bid price : 24.60<br \/>\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.P<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 18.60 &#8211; 19.40<br \/>\nSpot Rate  :  0.8000<br \/>\nAverage  :  0.5579<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 18.60<br \/>\nEvaluated at bid price : 18.60<br \/>\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.K<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 22.50 &#8211; 23.10<br \/>\nSpot Rate  :  0.6000<br \/>\nAverage  :  0.4053<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-11-11<br \/>\nMaturity Price  : 22.22<br \/>\nEvaluated at bid price : 22.50<br \/>\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>The TXPR Price Index set a new 52-week high today of 693.91, beating the old mark of 693.26 set October 31. HIMIPref&trade; Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref&trade; IndicesValues are &hellip;<\/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-50597","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50597","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=50597"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50597\/revisions"}],"predecessor-version":[{"id":50598,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50597\/revisions\/50598"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}