{"id":51009,"date":"2025-11-25T20:54:20","date_gmt":"2025-11-26T01:54:20","guid":{"rendered":"https:\/\/prefblog.com\/?p=51009"},"modified":"2025-11-25T20:54:20","modified_gmt":"2025-11-26T01:54:20","slug":"november-25-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51009","title":{"rendered":"November 25, 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>\n0.0256 %<\/td>\n2,409.1<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0256 %<\/td>\n4,568.1<\/td>\n<\/tr>\n
Floater<\/td>\n5.98 %<\/td>\n6.27 %<\/td>\n58,093<\/td>\n13.45<\/td>\n3<\/td>\n0.0256 %<\/td>\n2,632.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1427 %<\/td>\n3,645.1<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.79 %<\/td>\n4.47 %<\/td>\n73,607<\/td>\n3.24<\/td>\n5<\/td>\n0.1427 %<\/td>\n4,353.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1427 %<\/td>\n3,396.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.67 %<\/td>\n2.26 %<\/td>\n74,347<\/td>\n0.09<\/td>\n7<\/td>\n0.3408 %<\/td>\n3,091.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.53 %<\/td>\n5.61 %<\/td>\n49,698<\/td>\n14.45<\/td>\n26<\/td>\n0.7368 %<\/td>\n3,382.4<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.99 %<\/td>\n6.11 %<\/td>\n107,919<\/td>\n13.59<\/td>\n29<\/td>\n-0.0513 %<\/td>\n3,043.3<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.49 %<\/td>\n5.57 %<\/td>\n59,455<\/td>\n14.45<\/td>\n21<\/td>\n-0.2308 %<\/td>\n3,307.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0513 %<\/td>\n3,620.3<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.90 %<\/td>\n5.06 %<\/td>\n103,995<\/td>\n2.68<\/td>\n21<\/td>\n0.0797 %<\/td>\n2,627.8<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0513 %<\/td>\n3,110.9<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.24 %<\/td>\n5.41 %<\/td>\n66,270<\/td>\n14.41<\/td>\n15<\/td>\n-0.4838 %<\/td>\n3,057.3<\/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\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
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-13.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 15.46
\nEvaluated at bid price : 15.46
\nBid-YTW : 6.62 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n-5.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-3.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 17.60
\nEvaluated at bid price : 17.60
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
BN.PF.D<\/td>\nPerpetual-Discount<\/td>\n-2.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
ENB.PR.J<\/td>\nFixedReset Disc<\/td>\n-1.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 6.41 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 21.39
\nEvaluated at bid price : 21.70
\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n-1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n-1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.35
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
BN.PF.C<\/td>\nPerpetual-Discount<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 20.94
\nEvaluated at bid price : 20.94
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 17.60
\nEvaluated at bid price : 17.60
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
ENB.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 6.37 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 21.95
\nEvaluated at bid price : 22.50
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 22.02
\nEvaluated at bid price : 22.40
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 22.67
\nEvaluated at bid price : 22.91
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 23.80
\nEvaluated at bid price : 24.10
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
FTS.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 22.88
\nEvaluated at bid price : 23.15
\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 21.74
\nEvaluated at bid price : 21.99
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 21.38
\nEvaluated at bid price : 21.65
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 24.17
\nEvaluated at bid price : 24.43
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
POW.PR.A<\/td>\nPerpetual-Discount<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 24.69
\nEvaluated at bid price : 25.01
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Disc<\/td>\n2.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 22.81
\nEvaluated at bid price : 24.02
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n2.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 23.32
\nEvaluated at bid price : 23.60
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
CIU.PR.A<\/td>\nPerpetual-Discount<\/td>\n2.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 20.70
\nEvaluated at bid price : 20.70
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n3.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 23.06
\nEvaluated at bid price : 23.67
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n3.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 22.22
\nEvaluated at bid price : 22.50
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n7.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 20.55
\nEvaluated at bid price : 20.55
\nBid-YTW : 5.54 %<\/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
POW.PR.I<\/td>\nPerpetual-Discount<\/td>\n162,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 24.61
\nEvaluated at bid price : 25.00
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n90,320<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 22.85
\nEvaluated at bid price : 24.06
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
IFC.PR.M<\/td>\nPerpetual-Premium<\/td>\n60,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 24.55
\nEvaluated at bid price : 24.94
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Prem<\/td>\n51,700<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.83
\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n43,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 22.94
\nEvaluated at bid price : 24.20
\nBid-YTW : 5.44 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n37,054<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 22.92
\nEvaluated at bid price : 23.35
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
There were 10 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
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 15.46 – 18.15
\nSpot Rate : 2.6900
\nAverage : 1.6505<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 15.46
\nEvaluated at bid price : 15.46
\nBid-YTW : 6.62 %<\/td>\n<\/tr>\n

PWF.PR.P<\/td>\nFixedReset Disc<\/td>\nQuote: 17.60 – 19.40
\nSpot Rate : 1.8000
\nAverage : 1.3575<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 17.60
\nEvaluated at bid price : 17.60
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n

MFC.PR.B<\/td>\nInsurance Straight<\/td>\nQuote: 20.60 – 22.25
\nSpot Rate : 1.6500
\nAverage : 1.2153<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n

GWO.PR.L<\/td>\nInsurance Straight<\/td>\nQuote: 25.05 – 26.10
\nSpot Rate : 1.0500
\nAverage : 0.6592<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 24.83
\nEvaluated at bid price : 25.05
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n

CU.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 23.35 – 24.90
\nSpot Rate : 1.5500
\nAverage : 1.2113<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-25
\nMaturity Price : 22.92
\nEvaluated at bid price : 23.35
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n

NA.PR.E<\/td>\nFixedReset Prem<\/td>\nQuote: 25.45 – 26.43
\nSpot Rate : 0.9800
\nAverage : 0.6601<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-05-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.45
\nBid-YTW : 5.15 %<\/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-51009","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51009","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=51009"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51009\/revisions"}],"predecessor-version":[{"id":51010,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51009\/revisions\/51010"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}