{"id":51579,"date":"2026-02-23T20:23:00","date_gmt":"2026-02-24T01:23:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=51579"},"modified":"2026-02-23T20:23:00","modified_gmt":"2026-02-24T01:23:00","slug":"february-23-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51579","title":{"rendered":"February 23, 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>\n-0.1739 %<\/td>\n2,477.6<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1739 %<\/td>\n4,697.9<\/td>\n<\/tr>\n
Floater<\/td>\n5.81 %<\/td>\n6.09 %<\/td>\n58,001<\/td>\n13.72<\/td>\n3<\/td>\n-0.1739 %<\/td>\n2,707.4<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2225 %<\/td>\n3,640.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.80 %<\/td>\n4.66 %<\/td>\n74,817<\/td>\n3.03<\/td>\n5<\/td>\n0.2225 %<\/td>\n4,347.2<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2225 %<\/td>\n3,391.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.66 %<\/td>\n5.57 %<\/td>\n469,644<\/td>\n14.11<\/td>\n7<\/td>\n-0.0962 %<\/td>\n3,080.5<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.62 %<\/td>\n5.69 %<\/td>\n47,586<\/td>\n14.34<\/td>\n27<\/td>\n-0.8738 %<\/td>\n3,371.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.91 %<\/td>\n5.71 %<\/td>\n126,882<\/td>\n14.00<\/td>\n28<\/td>\n0.0966 %<\/td>\n3,186.0<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.43 %<\/td>\n5.54 %<\/td>\n68,809<\/td>\n14.50<\/td>\n22<\/td>\n-0.2487 %<\/td>\n3,349.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0966 %<\/td>\n3,790.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.94 %<\/td>\n4.27 %<\/td>\n85,744<\/td>\n2.36<\/td>\n20<\/td>\n-0.0477 %<\/td>\n2,669.0<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0966 %<\/td>\n3,256.7<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.24 %<\/td>\n5.17 %<\/td>\n82,352<\/td>\n14.76<\/td>\n14<\/td>\n0.0243 %<\/td>\n3,157.7<\/td>\n<\/tr>\n<\/table>\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.S<\/td>\nPerpetual-Discount<\/td>\n-24.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-23
\nMaturity Price : 16.60
\nEvaluated at bid price : 16.60
\nBid-YTW : 7.33 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n-3.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-23
\nMaturity Price : 22.49
\nEvaluated at bid price : 22.75
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n
BN.PF.D<\/td>\nPerpetual-Discount<\/td>\n-1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-23
\nMaturity Price : 21.07
\nEvaluated at bid price : 21.07
\nBid-YTW : 5.92 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n-1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-23
\nMaturity Price : 22.05
\nEvaluated at bid price : 22.28
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n
BN.PF.F<\/td>\nFixedReset Disc<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-23
\nMaturity Price : 23.25
\nEvaluated at bid price : 24.88
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
PVS.PR.K<\/td>\nSplitShare<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2029-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.05
\nBid-YTW : 4.36 %<\/td>\n<\/tr>\n
ENB.PR.J<\/td>\nFixedReset Disc<\/td>\n2.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-23
\nMaturity Price : 22.48
\nEvaluated at bid price : 23.07
\nBid-YTW : 5.88 %<\/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
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n62,095<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-23
\nMaturity Price : 18.45
\nEvaluated at bid price : 18.45
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n
BN.PF.C<\/td>\nPerpetual-Discount<\/td>\n41,086<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-23
\nMaturity Price : 21.27
\nEvaluated at bid price : 21.27
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n40,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-23
\nMaturity Price : 21.73
\nEvaluated at bid price : 21.98
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n34,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-23
\nMaturity Price : 24.05
\nEvaluated at bid price : 24.30
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
BN.PR.X<\/td>\nFixedReset Disc<\/td>\n22,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-23
\nMaturity Price : 19.45
\nEvaluated at bid price : 19.45
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
CU.PR.K<\/td>\nPerpetual-Premium<\/td>\n21,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-23
\nMaturity Price : 24.43
\nEvaluated at bid price : 24.82
\nBid-YTW : 5.65 %<\/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 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.S<\/td>\nPerpetual-Discount<\/td>\nQuote: 16.60 – 22.06
\nSpot Rate : 5.4600
\nAverage : 2.9813<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-23
\nMaturity Price : 16.60
\nEvaluated at bid price : 16.60
\nBid-YTW : 7.33 %<\/td>\n<\/tr>\n

MFC.PR.B<\/td>\nInsurance Straight<\/td>\nQuote: 22.28 – 23.50
\nSpot Rate : 1.2200
\nAverage : 0.8010<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-23
\nMaturity Price : 22.05
\nEvaluated at bid price : 22.28
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n

ENB.PR.H<\/td>\nFixedReset Disc<\/td>\nQuote: 22.98 – 23.87
\nSpot Rate : 0.8900
\nAverage : 0.5425<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-23
\nMaturity Price : 22.49
\nEvaluated at bid price : 22.98
\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n

GWO.PR.T<\/td>\nInsurance Straight<\/td>\nQuote: 23.75 – 24.50
\nSpot Rate : 0.7500
\nAverage : 0.4971<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-23
\nMaturity Price : 23.48
\nEvaluated at bid price : 23.75
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n

CCS.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 22.75 – 23.69
\nSpot Rate : 0.9400
\nAverage : 0.6998<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-23
\nMaturity Price : 22.49
\nEvaluated at bid price : 22.75
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n

BN.PF.D<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.07 – 21.87
\nSpot Rate : 0.8000
\nAverage : 0.5756<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-02-23
\nMaturity Price : 21.07
\nEvaluated at bid price : 21.07
\nBid-YTW : 5.92 %<\/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-51579","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51579","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=51579"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51579\/revisions"}],"predecessor-version":[{"id":51580,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51579\/revisions\/51580"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}