{"id":51572,"date":"2026-02-19T20:27:50","date_gmt":"2026-02-20T01:27:50","guid":{"rendered":"https:\/\/prefblog.com\/?p=51572"},"modified":"2026-02-19T20:27:50","modified_gmt":"2026-02-20T01:27:50","slug":"february-19-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51572","title":{"rendered":"February 19, 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>\n0.1488 %<\/td>\n2,489.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1488 %<\/td>\n4,721.3<\/td>\n<\/tr>\n
Floater<\/td>\n5.79 %<\/td>\n6.04 %<\/td>\n56,157<\/td>\n13.80<\/td>\n3<\/td>\n0.1488 %<\/td>\n2,720.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0628 %<\/td>\n3,676.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.75 %<\/td>\n4.54 %<\/td>\n77,943<\/td>\n3.01<\/td>\n5<\/td>\n-0.0628 %<\/td>\n4,390.2<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0628 %<\/td>\n3,425.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.66 %<\/td>\n5.59 %<\/td>\n495,161<\/td>\n6.74<\/td>\n7<\/td>\n0.0453 %<\/td>\n3,080.5<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.58 %<\/td>\n5.64 %<\/td>\n49,789<\/td>\n14.41<\/td>\n27<\/td>\n-0.2303 %<\/td>\n3,393.5<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.93 %<\/td>\n5.79 %<\/td>\n119,363<\/td>\n13.94<\/td>\n28<\/td>\n0.3336 %<\/td>\n3,178.5<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.44 %<\/td>\n5.54 %<\/td>\n66,746<\/td>\n14.52<\/td>\n22<\/td>\n-0.1217 %<\/td>\n3,345.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3336 %<\/td>\n3,781.2<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.95 %<\/td>\n4.26 %<\/td>\n88,831<\/td>\n2.37<\/td>\n20<\/td>\n0.2166 %<\/td>\n2,665.0<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3336 %<\/td>\n3,249.1<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.24 %<\/td>\n5.25 %<\/td>\n83,538<\/td>\n14.68<\/td>\n14<\/td>\n0.0548 %<\/td>\n3,153.3<\/td>\n<\/tr>\n<\/table>\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
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n-8.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 20.90
\nEvaluated at bid price : 20.90
\nBid-YTW : 6.23 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n-3.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 21.75
\nEvaluated at bid price : 22.00
\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 22.60
\nEvaluated at bid price : 22.85
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n-1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 23.64
\nEvaluated at bid price : 23.90
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 23.47
\nEvaluated at bid price : 23.75
\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 24.32
\nEvaluated at bid price : 24.68
\nBid-YTW : 5.25 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 21.97
\nEvaluated at bid price : 22.20
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
NA.PR.I<\/td>\nFixedReset Prem<\/td>\n2.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-05-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.22
\nBid-YTW : 5.22 %<\/td>\n<\/tr>\n
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n3.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 21.63
\nEvaluated at bid price : 22.00
\nBid-YTW : 5.78 %<\/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
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n193,542<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 23.33
\nEvaluated at bid price : 25.20
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n115,240<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 18.46
\nEvaluated at bid price : 18.46
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n104,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 18.15
\nEvaluated at bid price : 18.15
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n99,060<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 23.01
\nEvaluated at bid price : 24.37
\nBid-YTW : 5.25 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Prem<\/td>\n85,475<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.30
\nBid-YTW : 3.36 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n74,849<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 24.32
\nEvaluated at bid price : 24.68
\nBid-YTW : 5.25 %<\/td>\n<\/tr>\n
There were 23 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
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.90 – 23.10
\nSpot Rate : 2.2000
\nAverage : 1.2641<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 20.90
\nEvaluated at bid price : 20.90
\nBid-YTW : 6.23 %<\/td>\n<\/tr>\n

MFC.PR.B<\/td>\nInsurance Straight<\/td>\nQuote: 22.00 – 22.82
\nSpot Rate : 0.8200
\nAverage : 0.4968<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 21.75
\nEvaluated at bid price : 22.00
\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n

ENB.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 22.16 – 23.20
\nSpot Rate : 1.0400
\nAverage : 0.7828<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 21.77
\nEvaluated at bid price : 22.16
\nBid-YTW : 6.23 %<\/td>\n<\/tr>\n

CCS.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 22.75 – 23.70
\nSpot Rate : 0.9500
\nAverage : 0.8054<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 22.49
\nEvaluated at bid price : 22.75
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n

IFC.PR.K<\/td>\nInsurance Straight<\/td>\nQuote: 23.90 – 24.30
\nSpot Rate : 0.4000
\nAverage : 0.2638<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 23.43
\nEvaluated at bid price : 23.90
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n

MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 24.37 – 24.75
\nSpot Rate : 0.3800
\nAverage : 0.2667<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-19
\nMaturity Price : 23.01
\nEvaluated at bid price : 24.37
\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-51572","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51572","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=51572"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51572\/revisions"}],"predecessor-version":[{"id":51573,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51572\/revisions\/51573"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}