{"id":51911,"date":"2026-05-11T19:50:31","date_gmt":"2026-05-11T23:50:31","guid":{"rendered":"https:\/\/prefblog.com\/?p=51911"},"modified":"2026-05-11T19:50:31","modified_gmt":"2026-05-11T23:50:31","slug":"may-11-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51911","title":{"rendered":"May 11, 2026"},"content":{"rendered":"

The TXPR price index set a new 52-week high today of 708.07, eclipsing the old mark of 706.20 set on May 8. Canada five-year yields<\/a> jumped 7bp to 3.19%.<\/p>\n\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-0.7522 %<\/td>\n2,512.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.7522 %<\/td>\n4,764.6<\/td>\n<\/tr>\n
Floater<\/td>\n5.71 %<\/td>\n5.88 %<\/td>\n44,617<\/td>\n14.05<\/td>\n3<\/td>\n-0.7522 %<\/td>\n2,745.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0157 %<\/td>\n3,659.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.76 %<\/td>\n4.55 %<\/td>\n55,047<\/td>\n2.82<\/td>\n5<\/td>\n-0.0157 %<\/td>\n4,369.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0157 %<\/td>\n3,409.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.78 %<\/td>\n5.74 %<\/td>\n52,231<\/td>\n6.62<\/td>\n3<\/td>\n-0.0529 %<\/td>\n3,042.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.62 %<\/td>\n5.66 %<\/td>\n53,249<\/td>\n14.36<\/td>\n30<\/td>\n0.1732 %<\/td>\n3,351.6<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.58 %<\/td>\n5.85 %<\/td>\n97,446<\/td>\n13.86<\/td>\n24<\/td>\n0.2930 %<\/td>\n3,343.3<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.49 %<\/td>\n5.60 %<\/td>\n54,101<\/td>\n14.44<\/td>\n22<\/td>\n0.1213 %<\/td>\n3,281.0<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2930 %<\/td>\n3,977.2<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.97 %<\/td>\n4.45 %<\/td>\n89,832<\/td>\n2.31<\/td>\n24<\/td>\n0.0819 %<\/td>\n2,657.5<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2930 %<\/td>\n3,417.5<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.09 %<\/td>\n5.35 %<\/td>\n69,225<\/td>\n14.27<\/td>\n14<\/td>\n-0.0976 %<\/td>\n3,243.0<\/td>\n<\/tr>\n<\/table>\n\n\n\n\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
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-3.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 21.61
\nEvaluated at bid price : 22.02
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n
BN.PR.K<\/td>\nFloater<\/td>\n-1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 13.30
\nEvaluated at bid price : 13.30
\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n-1.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n-1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 22.51
\nEvaluated at bid price : 23.45
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n-1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 23.31
\nEvaluated at bid price : 23.60
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 22.60
\nEvaluated at bid price : 22.85
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
IFC.PR.M<\/td>\nPerpetual-Discount<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 24.74
\nEvaluated at bid price : 25.15
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
ENB.PR.Y<\/td>\nFixedReset Disc<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 22.57
\nEvaluated at bid price : 23.29
\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 23.48
\nEvaluated at bid price : 25.34
\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n
IFC.PR.K<\/td>\nInsurance Straight<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 23.11
\nEvaluated at bid price : 23.55
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 23.20
\nEvaluated at bid price : 23.50
\nBid-YTW : 5.60 %<\/td>\n<\/tr>\n
ENB.PR.F<\/td>\nFixedReset Disc<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 23.21
\nEvaluated at bid price : 24.14
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 22.99
\nEvaluated at bid price : 23.26
\nBid-YTW : 5.60 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n2.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 21.65
\nEvaluated at bid price : 21.90
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
BN.PR.X<\/td>\nFixedReset Disc<\/td>\n3.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\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
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n102,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.31
\nBid-YTW : 1.25 %<\/td>\n<\/tr>\n
BN.PF.I<\/td>\nFixedReset Prem<\/td>\n33,400<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.40
\nBid-YTW : 4.26 %<\/td>\n<\/tr>\n
ENB.PR.F<\/td>\nFixedReset Disc<\/td>\n32,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 23.21
\nEvaluated at bid price : 24.14
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n
POW.PR.I<\/td>\nPerpetual-Discount<\/td>\n28,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 24.50
\nEvaluated at bid price : 24.90
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n19,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 21.62
\nEvaluated at bid price : 21.87
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n
ENB.PR.H<\/td>\nFixedReset Disc<\/td>\n17,100<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 23.27
\nEvaluated at bid price : 24.40
\nBid-YTW : 5.56 %<\/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
GWO.PR.G<\/td>\nInsurance Straight<\/td>\nQuote: 23.50 – 24.80
\nSpot Rate : 1.3000
\nAverage : 0.7931<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 23.20
\nEvaluated at bid price : 23.50
\nBid-YTW : 5.60 %<\/td>\n<\/tr>\n

GWO.PR.Q<\/td>\nInsurance Straight<\/td>\nQuote: 22.85 – 23.98
\nSpot Rate : 1.1300
\nAverage : 0.6947<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 22.60
\nEvaluated at bid price : 22.85
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n

IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\nQuote: 22.02 – 22.94
\nSpot Rate : 0.9200
\nAverage : 0.5740<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 21.61
\nEvaluated at bid price : 22.02
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n

ENB.PR.F<\/td>\nFixedReset Disc<\/td>\nQuote: 24.14 – 24.95
\nSpot Rate : 0.8100
\nAverage : 0.5043<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 23.21
\nEvaluated at bid price : 24.14
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n

ENB.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 23.90 – 24.70
\nSpot Rate : 0.8000
\nAverage : 0.4952<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 22.80
\nEvaluated at bid price : 23.90
\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n

BN.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 22.58 – 23.60
\nSpot Rate : 1.0200
\nAverage : 0.7156<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-11
\nMaturity Price : 21.99
\nEvaluated at bid price : 22.58
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

The TXPR price index set a new 52-week high today of 708.07, eclipsing the old mark of 706.20 set on May 8. Canada five-year yields jumped 7bp to 3.19%. HIMIPref™ Preferred IndicesThese values reflect the …<\/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-51911","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51911","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=51911"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51911\/revisions"}],"predecessor-version":[{"id":51912,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51911\/revisions\/51912"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}