{"id":51307,"date":"2025-12-30T19:47:56","date_gmt":"2025-12-31T00:47:56","guid":{"rendered":"https:\/\/prefblog.com\/?p=51307"},"modified":"2025-12-30T19:47:56","modified_gmt":"2025-12-31T00:47:56","slug":"december-30-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51307","title":{"rendered":"December 30, 2025"},"content":{"rendered":"<p>The TXPR price index set a new 52-week high today of 695.87, ahead of the old mark of 695.07 set 2025-12-29.<\/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>-0.3026 %<\/td>\n<td>2,437.5<\/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>-0.3026 %<\/td>\n<td>4,621.9<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>5.91 %<\/td>\n<td>6.11 %<\/td>\n<td>57,144<\/td>\n<td>13.78<\/td>\n<td>3<\/td>\n<td>-0.3026 %<\/td>\n<td>2,663.6<\/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>0.2516 %<\/td>\n<td>3,679.4<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.74 %<\/td>\n<td>4.19 %<\/td>\n<td>68,384<\/td>\n<td>1.13<\/td>\n<td>5<\/td>\n<td>0.2516 %<\/td>\n<td>4,394.0<\/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>0.2516 %<\/td>\n<td>3,428.4<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.64 %<\/td>\n<td>1.65 %<\/td>\n<td>94,281<\/td>\n<td>0.09<\/td>\n<td>7<\/td>\n<td>0.0281 %<\/td>\n<td>3,114.5<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.52 %<\/td>\n<td>5.61 %<\/td>\n<td>49,168<\/td>\n<td>14.37<\/td>\n<td>26<\/td>\n<td>0.0656 %<\/td>\n<td>3,426.3<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Disc<\/td>\n<td>5.77 %<\/td>\n<td>5.98 %<\/td>\n<td>100,409<\/td>\n<td>13.88<\/td>\n<td>31<\/td>\n<td>-0.0701 %<\/td>\n<td>3,161.3<\/td>\n<\/tr>\n<tr>\n<td>Insurance Straight<\/td>\n<td>5.50 %<\/td>\n<td>5.51 %<\/td>\n<td>58,298<\/td>\n<td>14.64<\/td>\n<td>21<\/td>\n<td>-0.1437 %<\/td>\n<td>3,305.0<\/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>-0.0701 %<\/td>\n<td>3,760.7<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Prem<\/td>\n<td>5.88 %<\/td>\n<td>4.28 %<\/td>\n<td>89,811<\/td>\n<td>2.50<\/td>\n<td>20<\/td>\n<td>0.3225 %<\/td>\n<td>2,667.5<\/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>-0.0701 %<\/td>\n<td>3,231.5<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Ins Non<\/td>\n<td>5.25 %<\/td>\n<td>5.28 %<\/td>\n<td>74,883<\/td>\n<td>14.30<\/td>\n<td>13<\/td>\n<td>-0.0825 %<\/td>\n<td>3,123.9<\/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>ENB.PR.F<\/td>\n<td>FixedReset Disc<\/td>\n<td>-4.19 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 21.05<br \/>\nEvaluated at bid price : 21.05<br \/>\nBid-YTW : 6.57 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.E<\/td>\n<td>Insurance Straight<\/td>\n<td>-2.87 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 21.30<br \/>\nEvaluated at bid price : 21.30<br \/>\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.J<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-2.68 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 21.10<br \/>\nEvaluated at bid price : 21.10<br \/>\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.D<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-2.27 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 22.12<br \/>\nEvaluated at bid price : 22.40<br \/>\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.T<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.58 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 22.42<br \/>\nEvaluated at bid price : 23.05<br \/>\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.I<\/td>\n<td>Insurance Straight<\/td>\n<td>-1.15 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 20.55<br \/>\nEvaluated at bid price : 20.55<br \/>\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.C<\/td>\n<td>Insurance Straight<\/td>\n<td>-1.14 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 21.49<br \/>\nEvaluated at bid price : 21.75<br \/>\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.B<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.07 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 24.20<br \/>\nEvaluated at bid price : 24.46<br \/>\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.P<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.08 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 22.12<br \/>\nEvaluated at bid price : 22.54<br \/>\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.F<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.13 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 23.82<br \/>\nEvaluated at bid price : 24.07<br \/>\nBid-YTW : 5.13 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.H<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.42 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 23.95<br \/>\nEvaluated at bid price : 24.20<br \/>\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.B<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.23 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 21.29<br \/>\nEvaluated at bid price : 21.57<br \/>\nBid-YTW : 6.23 %<\/td>\n<\/tr>\n<tr>\n<td>FFH.PR.K<\/td>\n<td>FixedReset Prem<\/td>\n<td>3.78 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2027-03-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.51<br \/>\nBid-YTW : 3.39 %<\/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>GWO.PR.P<\/td>\n<td>Insurance Straight<\/td>\n<td>27,210<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 24.09<br \/>\nEvaluated at bid price : 24.35<br \/>\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PF.H<\/td>\n<td>FixedReset Prem<\/td>\n<td>20,400<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 23.90<br \/>\nEvaluated at bid price : 24.98<br \/>\nBid-YTW : 7.13 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.C<\/td>\n<td>Perpetual-Premium<\/td>\n<td>14,800<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2026-01-29<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.90<br \/>\nBid-YTW : -36.55 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.I<\/td>\n<td>Perpetual-Premium<\/td>\n<td>14,613<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 24.76<br \/>\nEvaluated at bid price : 25.16<br \/>\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.A<\/td>\n<td>Perpetual-Discount<\/td>\n<td>13,325<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2026-01-29<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.20<br \/>\nBid-YTW : -6.97 %<\/td>\n<\/tr>\n<tr>\n<td colspan='4'>There were 0 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>IFC.PR.F<\/td>\n<td>Insurance Straight<\/td>\n<td>Quote: 21.90 &#8211; 24.89<br \/>\nSpot Rate  :  2.9900<br \/>\nAverage  :  2.3907<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 21.61<br \/>\nEvaluated at bid price : 21.90<br \/>\nBid-YTW : 6.08 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.T<\/td>\n<td>Insurance Straight<\/td>\n<td>Quote: 23.24 &#8211; 25.00<br \/>\nSpot Rate  :  1.7600<br \/>\nAverage  :  1.2701<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 22.99<br \/>\nEvaluated at bid price : 23.24<br \/>\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.J<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 21.10 &#8211; 22.85<br \/>\nSpot Rate  :  1.7500<br \/>\nAverage  :  1.3010<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 21.10<br \/>\nEvaluated at bid price : 21.10<br \/>\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.G<\/td>\n<td>Perpetual-Premium<\/td>\n<td>Quote: 25.65 &#8211; 26.65<br \/>\nSpot Rate  :  1.0000<br \/>\nAverage  :  0.5689<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2026-01-29<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.65<br \/>\nBid-YTW : -13.22 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.F<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 21.05 &#8211; 22.25<br \/>\nSpot Rate  :  1.2000<br \/>\nAverage  :  0.7764<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 21.05<br \/>\nEvaluated at bid price : 21.05<br \/>\nBid-YTW : 6.57 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.F<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>Quote: 17.52 &#8211; 19.22<br \/>\nSpot Rate  :  1.7000<br \/>\nAverage  :  1.3332<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2055-12-30<br \/>\nMaturity Price  : 17.52<br \/>\nEvaluated at bid price : 17.52<br \/>\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>The TXPR price index set a new 52-week high today of 695.87, ahead of the old mark of 695.07 set 2025-12-29. 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-51307","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51307","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=51307"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51307\/revisions"}],"predecessor-version":[{"id":51308,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51307\/revisions\/51308"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}