{"id":51439,"date":"2026-01-29T19:51:19","date_gmt":"2026-01-30T00:51:19","guid":{"rendered":"https:\/\/prefblog.com\/?p=51439"},"modified":"2026-01-29T19:51:19","modified_gmt":"2026-01-30T00:51:19","slug":"january-29-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51439","title":{"rendered":"January 29, 2026"},"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>\n0.1761 %<\/td>\n2,456.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1761 %<\/td>\n4,657.0<\/td>\n<\/tr>\n
Floater<\/td>\n5.87 %<\/td>\n6.09 %<\/td>\n56,755<\/td>\n13.75<\/td>\n3<\/td>\n0.1761 %<\/td>\n2,683.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0394 %<\/td>\n3,662.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.77 %<\/td>\n4.63 %<\/td>\n82,609<\/td>\n3.06<\/td>\n5<\/td>\n0.0394 %<\/td>\n4,373.7<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0394 %<\/td>\n3,412.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.70 %<\/td>\n5.71 %<\/td>\n90,299<\/td>\n14.16<\/td>\n9<\/td>\n0.0089 %<\/td>\n3,071.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.61 %<\/td>\n5.65 %<\/td>\n48,709<\/td>\n14.38<\/td>\n25<\/td>\n-0.6592 %<\/td>\n3,369.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.87 %<\/td>\n5.95 %<\/td>\n108,761<\/td>\n13.74<\/td>\n29<\/td>\n-0.1311 %<\/td>\n3,162.6<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.49 %<\/td>\n5.58 %<\/td>\n63,318<\/td>\n14.47<\/td>\n22<\/td>\n0.3284 %<\/td>\n3,314.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1311 %<\/td>\n3,762.2<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.98 %<\/td>\n4.56 %<\/td>\n95,555<\/td>\n2.14<\/td>\n19<\/td>\n0.0750 %<\/td>\n2,645.7<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1311 %<\/td>\n3,232.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.32 %<\/td>\n5.52 %<\/td>\n76,616<\/td>\n14.46<\/td>\n14<\/td>\n0.0402 %<\/td>\n3,107.3<\/td>\n<\/tr>\n<\/table>\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
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n-20.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 16.50
\nEvaluated at bid price : 16.50
\nBid-YTW : 6.97 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-3.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 22.98
\nEvaluated at bid price : 24.01
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n-1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 23.48
\nEvaluated at bid price : 24.95
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 20.41
\nEvaluated at bid price : 20.41
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
ENB.PR.A<\/td>\nPerpetual-Discount<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 24.55
\nEvaluated at bid price : 24.80
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 23.23
\nEvaluated at bid price : 24.75
\nBid-YTW : 5.26 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 24.03
\nEvaluated at bid price : 24.28
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
POW.PR.C<\/td>\nPerpetual-Premium<\/td>\n1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.25
\nBid-YTW : -3.60 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 19.69
\nEvaluated at bid price : 19.69
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
POW.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 24.21
\nEvaluated at bid price : 24.50
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n6.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 21.67
\nEvaluated at bid price : 21.92
\nBid-YTW : 5.36 %<\/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
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n100,015<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 23.83
\nEvaluated at bid price : 24.25
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Prem<\/td>\n27,170<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-11-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.22
\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n25,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 18.48
\nEvaluated at bid price : 18.48
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n21,563<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 23.55
\nEvaluated at bid price : 25.46
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n
PVS.PR.L<\/td>\nSplitShare<\/td>\n20,600<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-06-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.86
\nBid-YTW : 4.86 %<\/td>\n<\/tr>\n
ENB.PR.P<\/td>\nFixedReset Disc<\/td>\n20,225<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 22.11
\nEvaluated at bid price : 22.50
\nBid-YTW : 6.23 %<\/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
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 16.50 – 21.23
\nSpot Rate : 4.7300
\nAverage : 3.5344<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 16.50
\nEvaluated at bid price : 16.50
\nBid-YTW : 6.97 %<\/td>\n<\/tr>\n

GWO.PR.T<\/td>\nInsurance Straight<\/td>\nQuote: 23.40 – 25.00
\nSpot Rate : 1.6000
\nAverage : 1.1962<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 23.11
\nEvaluated at bid price : 23.40
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n

BIP.PR.F<\/td>\nFixedReset Disc<\/td>\nQuote: 25.46 – 26.25
\nSpot Rate : 0.7900
\nAverage : 0.5266<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 23.55
\nEvaluated at bid price : 25.46
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n

PWF.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 24.01 – 24.85
\nSpot Rate : 0.8400
\nAverage : 0.6281<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 22.98
\nEvaluated at bid price : 24.01
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n

MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\nQuote: 24.95 – 25.47
\nSpot Rate : 0.5200
\nAverage : 0.3160<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 23.48
\nEvaluated at bid price : 24.95
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n

MFC.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 21.68 – 22.45
\nSpot Rate : 0.7700
\nAverage : 0.5703<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-29
\nMaturity Price : 21.42
\nEvaluated at bid price : 21.68
\nBid-YTW : 5.25 %<\/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-51439","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51439","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=51439"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51439\/revisions"}],"predecessor-version":[{"id":51440,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51439\/revisions\/51440"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}