{"id":50931,"date":"2019-11-22T21:13:00","date_gmt":"2019-11-23T02:13:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=50931"},"modified":"2025-11-24T21:13:54","modified_gmt":"2025-11-25T02:13:54","slug":"november-22-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50931","title":{"rendered":"November 22, 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>\n0.4906 %<\/td>\n1,969.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4906 %<\/td>\n3,613.5<\/td>\n<\/tr>\n
Floater<\/td>\n6.14 %<\/td>\n6.33 %<\/td>\n45,451<\/td>\n13.35<\/td>\n4<\/td>\n0.4906 %<\/td>\n2,082.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1298 %<\/td>\n3,417.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.66 %<\/td>\n4.44 %<\/td>\n49,684<\/td>\n3.89<\/td>\n7<\/td>\n0.1298 %<\/td>\n4,081.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1298 %<\/td>\n3,184.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.54 %<\/td>\n-20.15 %<\/td>\n45,491<\/td>\n0.09<\/td>\n10<\/td>\n0.0313 %<\/td>\n3,043.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.30 %<\/td>\n5.43 %<\/td>\n69,577<\/td>\n14.74<\/td>\n25<\/td>\n0.1522 %<\/td>\n3,257.3<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.57 %<\/td>\n5.59 %<\/td>\n177,088<\/td>\n14.42<\/td>\n66<\/td>\n0.2360 %<\/td>\n2,110.9<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.15 %<\/td>\n5.59 %<\/td>\n62,612<\/td>\n7.77<\/td>\n27<\/td>\n0.0732 %<\/td>\n3,207.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n6.20 %<\/td>\n6.68 %<\/td>\n118,172<\/td>\n12.86<\/td>\n2<\/td>\n0.1862 %<\/td>\n2,459.0<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.11 %<\/td>\n3.63 %<\/td>\n132,747<\/td>\n1.59<\/td>\n20<\/td>\n0.0156 %<\/td>\n2,625.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.96 %<\/td>\n4.19 %<\/td>\n73,766<\/td>\n2.12<\/td>\n3<\/td>\n0.1103 %<\/td>\n2,697.5<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.42 %<\/td>\n7.91 %<\/td>\n123,230<\/td>\n7.83<\/td>\n22<\/td>\n0.4749 %<\/td>\n2,154.5<\/td>\n<\/tr>\n<\/table>\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
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n-1.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 21.69
\nEvaluated at bid price : 22.02
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 11.20
\nEvaluated at bid price : 11.20
\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 21.54
\nEvaluated at bid price : 21.80
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
MFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.99
\nBid-YTW : 7.70 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 15.39
\nEvaluated at bid price : 15.39
\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 19.98
\nEvaluated at bid price : 19.98
\nBid-YTW : 6.39 %<\/td>\n<\/tr>\n
EMA.PR.F<\/td>\nFixedReset Disc<\/td>\n1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n
HSE.PR.E<\/td>\nFixedReset Disc<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 18.00
\nEvaluated at bid price : 18.00
\nBid-YTW : 7.11 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 16.77
\nBid-YTW : 8.71 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.76
\nBid-YTW : 7.91 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n2.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 11.75
\nEvaluated at bid price : 11.75
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
HSE.PR.C<\/td>\nFixedReset Disc<\/td>\n2.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 16.51
\nEvaluated at bid price : 16.51
\nBid-YTW : 7.11 %<\/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
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n140,853<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 13.72
\nEvaluated at bid price : 13.72
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n113,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 13.67
\nEvaluated at bid price : 13.67
\nBid-YTW : 6.68 %<\/td>\n<\/tr>\n
TD.PF.L<\/td>\nFixedReset Disc<\/td>\n66,271<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 22.86
\nEvaluated at bid price : 24.11
\nBid-YTW : 5.01 %<\/td>\n<\/tr>\n
TD.PF.M<\/td>\nFixedReset Disc<\/td>\n60,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 23.05
\nEvaluated at bid price : 24.63
\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n31,996<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 17.33
\nEvaluated at bid price : 17.33
\nBid-YTW : 5.38 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Disc<\/td>\n30,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 18.14
\nEvaluated at bid price : 18.14
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
There were 29 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
Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nQuote Data and Yield Notes<\/td>\n<\/tr>\n
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.37 – 19.87
\nSpot Rate : 0.5000
\nAverage : 0.3239<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.37
\nBid-YTW : 7.46 %<\/td>\n<\/tr>\n

CU.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 16.60 – 17.24
\nSpot Rate : 0.6400
\nAverage : 0.4863<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 16.60
\nEvaluated at bid price : 16.60
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n

MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.00 – 19.40
\nSpot Rate : 0.4000
\nAverage : 0.2569<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 7.79 %<\/td>\n<\/tr>\n

BNS.PR.Z<\/td>\nFixedReset Bank Non<\/td>\nQuote: 24.11 – 24.50
\nSpot Rate : 0.3900
\nAverage : 0.2685<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.11
\nBid-YTW : 4.19 %<\/td>\n<\/tr>\n

BIP.PR.F<\/td>\nFixedReset Disc<\/td>\nQuote: 22.02 – 22.40
\nSpot Rate : 0.3800
\nAverage : 0.2614<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 21.69
\nEvaluated at bid price : 22.02
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n

CIU.PR.A<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.55 – 21.90
\nSpot Rate : 0.3500
\nAverage : 0.2444<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-11-22
\nMaturity Price : 21.28
\nEvaluated at bid price : 21.55
\nBid-YTW : 5.35 %<\/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-50931","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50931","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=50931"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50931\/revisions"}],"predecessor-version":[{"id":50932,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50931\/revisions\/50932"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}