{"id":51445,"date":"2026-01-30T21:14:36","date_gmt":"2026-01-31T02:14:36","guid":{"rendered":"https:\/\/prefblog.com\/?p=51445"},"modified":"2026-01-30T21:14:53","modified_gmt":"2026-01-31T02:14:53","slug":"january-30-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51445","title":{"rendered":"January 30, 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>\n0.0000 %<\/td>\n2,456.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0000 %<\/td>\n4,657.0<\/td>\n<\/tr>\n
Floater<\/td>\n5.87 %<\/td>\n6.10 %<\/td>\n56,366<\/td>\n13.74<\/td>\n3<\/td>\n0.0000 %<\/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>\n3,663.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.76 %<\/td>\n4.60 %<\/td>\n83,264<\/td>\n3.06<\/td>\n5<\/td>\n0.0394 %<\/td>\n4,375.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0394 %<\/td>\n3,413.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.68 %<\/td>\n5.65 %<\/td>\n93,059<\/td>\n14.20<\/td>\n9<\/td>\n0.3328 %<\/td>\n3,081.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.55 %<\/td>\n5.63 %<\/td>\n49,608<\/td>\n14.45<\/td>\n25<\/td>\n1.0707 %<\/td>\n3,405.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.87 %<\/td>\n5.94 %<\/td>\n109,071<\/td>\n13.76<\/td>\n29<\/td>\n-0.0106 %<\/td>\n3,162.3<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.48 %<\/td>\n5.56 %<\/td>\n63,010<\/td>\n14.50<\/td>\n22<\/td>\n0.2639 %<\/td>\n3,323.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0106 %<\/td>\n3,761.9<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.98 %<\/td>\n4.65 %<\/td>\n96,179<\/td>\n2.14<\/td>\n19<\/td>\n-0.0182 %<\/td>\n2,645.2<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0106 %<\/td>\n3,232.5<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.28 %<\/td>\n5.43 %<\/td>\n77,659<\/td>\n14.49<\/td>\n14<\/td>\n0.7448 %<\/td>\n3,130.5<\/td>\n<\/tr>\n<\/table>\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
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 22.33
\nEvaluated at bid price : 23.00
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n
BN.PF.F<\/td>\nFixedReset Disc<\/td>\n-1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 23.10
\nEvaluated at bid price : 24.50
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
POW.PR.C<\/td>\nPerpetual-Premium<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-03-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.54
\nBid-YTW : -16.62 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 20.55
\nEvaluated at bid price : 20.55
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 22.82
\nEvaluated at bid price : 23.10
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 23.63
\nEvaluated at bid price : 25.40
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n1.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n1.95 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 21.70
\nEvaluated at bid price : 21.95
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n2.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 23.24
\nEvaluated at bid price : 24.62
\nBid-YTW : 5.38 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n3.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 21.37
\nEvaluated at bid price : 21.64
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n4.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 18.90
\nEvaluated at bid price : 18.90
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n26.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 20.90
\nEvaluated at bid price : 20.90
\nBid-YTW : 5.48 %<\/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>\n104,695<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 23.66
\nEvaluated at bid price : 24.10
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n
ENB.PR.J<\/td>\nFixedReset Disc<\/td>\n49,562<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 22.31
\nEvaluated at bid price : 22.81
\nBid-YTW : 6.22 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Prem<\/td>\n44,500<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-05-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.04
\nBid-YTW : 4.77 %<\/td>\n<\/tr>\n
ENB.PF.E<\/td>\nFixedReset Disc<\/td>\n40,293<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 22.09
\nEvaluated at bid price : 22.62
\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n
ENB.PR.D<\/td>\nFixedReset Disc<\/td>\n37,369<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.52
\nBid-YTW : 6.27 %<\/td>\n<\/tr>\n
ENB.PR.N<\/td>\nFixedReset Disc<\/td>\n24,107<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 23.28
\nEvaluated at bid price : 24.65
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
There were 6 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
BN.PF.J<\/td>\nFixedReset Prem<\/td>\nQuote: 25.52 – 26.25
\nSpot Rate : 0.7300
\nAverage : 0.4417<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.52
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n

BN.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 23.00 – 23.65
\nSpot Rate : 0.6500
\nAverage : 0.4307<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 22.33
\nEvaluated at bid price : 23.00
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n

BIP.PR.E<\/td>\nFixedReset Prem<\/td>\nQuote: 25.56 – 26.25
\nSpot Rate : 0.6900
\nAverage : 0.5039<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.56
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n

ENB.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 22.67 – 23.20
\nSpot Rate : 0.5300
\nAverage : 0.3833<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 22.10
\nEvaluated at bid price : 22.67
\nBid-YTW : 6.27 %<\/td>\n<\/tr>\n

BMO.PR.E<\/td>\nFixedReset Prem<\/td>\nQuote: 26.86 – 27.25
\nSpot Rate : 0.3900
\nAverage : 0.2512<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-11-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.86
\nBid-YTW : 3.86 %<\/td>\n<\/tr>\n

ENB.PR.B<\/td>\nFixedReset Disc<\/td>\nQuote: 21.32 – 21.68
\nSpot Rate : 0.3600
\nAverage : 0.2262<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-01-30
\nMaturity Price : 21.32
\nEvaluated at bid price : 21.32
\nBid-YTW : 6.34 %<\/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-51445","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51445","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=51445"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51445\/revisions"}],"predecessor-version":[{"id":51446,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51445\/revisions\/51446"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}