{"id":51551,"date":"2026-02-13T20:27:59","date_gmt":"2026-02-14T01:27:59","guid":{"rendered":"https:\/\/prefblog.com\/?p=51551"},"modified":"2026-02-13T20:27:59","modified_gmt":"2026-02-14T01:27:59","slug":"february-13-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51551","title":{"rendered":"February 13, 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< \nbr>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>\n0.0
\n0<\/td>\n		0<\/td>\n-0.0988 %<\/td>\n2,494.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0988 %<\/td>\n4,729.5<\/t \nd><\/tr>\n
Floater<\/td>\n5.78 %<\/td>\n6.03 %<\/td>\n57,889<\/td>\n13.81<\/td>\n3<\/td>\n-0.0988 %<\/td>\n2,725.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.0
\n0 %<\/td>\n		0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0785 %<\/td>\n3,674.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.75 %<\/td>\n4.49 %<\/td>\n81,452<\/td>\n3.02<\/td>\n5<\/td>\n\n-0.0785 %<\/td>\n4,388.5<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0785 %<\/td>\n3,424.1<\/td>\n<\/tr>\n
P
\nerpetual-Premium<\/td>\n		5.68 %<\/td>\n5.67 %<\/td>\n513,996<\/td>\n14.11<\/td>\n7<\/td>\n0.1537 %<\/td>\n3,069.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.58 %<\/td>\n5.64 %<\/td>\n50,140<\/td>\n14.38<\/td>\n27<\/td>\n0.3298 %<\/td>\n3,396.5<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.91 %<\/td>\n5.82 %<\/td>\n112,636<\/td>\n13.9
\n0<\/td>\n		28<\/td>\n0.2951 %<\/td>\n3,187.4<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.45 %<\/td>\n5.55 %<\/td>\n66,260<\/td>\n14.50<\/td>\n22<\/td>\n-0.1182 %<\/td>\n3,334.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2951 %<\/td>\n3,791.7<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.97 %<\/td>\n4.47 %<\/td>\n84,766<\/td>\n2.38<\/td>\n20<\/td>\n-0.0403 %<\/td>\n2,655.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0\n<\/td>\n0.00<\/td>\n0<\/td>\n0.2951 %<\/td>\n3,258.1<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.29 %<\/td>\n5.36 %<\/td>\n76,402<\/td>\n14.53<\/td>\n14<\/td>\n-0.0
\n184 %<\/td>\n		3,125.3<\/td>\n<\/tr>\n<\/table>\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
NA.PR.I<\/td>\nFixedReset Prem<\/td>\n-3.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-13
\nMaturity Price : 23.50
\nEvaluated at bid price : 25.46
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-13
\nMaturity Price : 22.46
\nEvaluated at bid price : 22.72
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-13
\nMaturity Price : 21.75
\nEvaluated at bid price : 22.00
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-13
\nMaturity Price : 23.30
\nEvaluated at bid price : 24.75
\nBid-YTW : 5.25 %<\/td>\n<\/tr>\n
POW.PR.C<\/td>\nPerpetual-Premium<\/td>\n1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-03-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.74
\nBid-YTW : -22.76 %<\/td>\n<\/tr>\n
FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\n1.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-13
\nMaturity Price : 22.32
\nEvaluated at bid price : 22.59
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n1.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-13
\nMaturity Price : 23.95
\nEvaluated at bid price : 24.36
\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\n7.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-13
\nMaturity Price : 23.69
\nEvaluated at bid price : 23.99
\nBid-YTW : 5.47 %<\/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
E
\nNB.PR.B<\/td>\n		FixedReset Disc<\/td>\n64,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-13
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.45
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n50,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-13
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n39,913<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-13
\nMaturity Price : 23.05
\nEvaluated at bid price : 23.75
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
CU.PR.K<\/td>\nPerpetual-Premium<\/td>\n19,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-13
\nMaturity Price : 24.33
\nEvaluated at bid price : 24.71
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n17,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-13
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Prem<\/td>\n16,200<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-05-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.10
\nBid-YTW : 4.75 %<\/td>\n<\/tr>\n
There were 8 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 th
\nerein 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
NA.PR.I<\/td>\nFixedReset Prem<\/td>\nQuote: 25.46 – 26.46
\nSpot Rate : 1.0000
\nAverage : 0.6190
\n
\n
\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-13
\nMaturity Price : 23.50
\nEvaluated at bid price : 25.46
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
BN.PR.B<\/td>\nFloater<\/td>\nQuote: 13.12 – 13.87
\nSpot Rate : 0.7500
\nAverage : 0.4525
\n
\n
\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-13
\nMaturity Price : 13.12
\nEvaluated at bid price : 13.12
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.47 – 21.23
\nSpot Rate : 0.7600
\nAverage : 0.4935
\n
\n
\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-13
\nMaturity Price : 20.47
\nEvaluated at bid price : 20.47
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
BN.PF.I<\/td>\nFixedReset Prem<\/td>\nQuote: 25.65 – 26.65
\nSpot Rate : 1.0000
\nAverage : 0.8116
\n
\n
\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.65
\nBid-YTW : 3.64 %<\/td>\n<\/tr>\n
POW.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.41 – 24.92
\nSpot Rate : 0.5100
\nAverage : 0.3275
\n
\n
\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-13
\nMaturity Price : 24.16
\nEvaluated at bid price : 24.41
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\nQuote: 25.30 – 25.79
\nSpot Rate : 0.4900
\nAverage : 0.3244
\n
\n
\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-13
\nMaturity Price : 23.61
\nEvaluated at bid price : 25.30
\nBid-YTW : 5.36 %<\/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 MedianAverageTrading< br>Value MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 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-51551","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51551","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=51551"}],"version-history":[{"count":4,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51551\/revisions"}],"predecessor-version":[{"id":51555,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51551\/revisions\/51555"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}