{"id":51942,"date":"2026-05-23T00:08:35","date_gmt":"2026-05-23T04:08:35","guid":{"rendered":"https:\/\/prefblog.com\/?p=51942"},"modified":"2026-05-23T00:08:35","modified_gmt":"2026-05-23T04:08:35","slug":"may-22-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51942","title":{"rendered":"May 22, 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-0.1921 %<\/td>\n2,554.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1921 %<\/td>\n4,842.7<\/td>\n<\/tr>\n
Floater<\/td>\n5.62 %<\/td>\n5.85 %<\/td>\n42,231<\/td>\n14.08<\/td>\n3<\/td>\n-0.1921 %<\/td>\n2,790.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.9978 %<\/td>\n3,628.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.80 %<\/td>\n5.06 %<\/td>\n53,151<\/td>\n2.79<\/td>\n5<\/td>\n-0.9978 %<\/td>\n4,333.5<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.9978 %<\/td>\n3,381.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.75 %<\/td>\n3.21 %<\/td>\n63,732<\/td>\n0.08<\/td>\n3<\/td>\n0.0792 %<\/td>\n3,055.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.62 %<\/td>\n5.69 %<\/td>\n52,785<\/td>\n14.30<\/td>\n30<\/td>\n-0.0131 %<\/td>\n3,352.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.64 %<\/td>\n6.04 %<\/td>\n99,032<\/td>\n13.61<\/td>\n24<\/td>\n-0.1731 %<\/td>\n3,305.9<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.48 %<\/td>\n5.60 %<\/td>\n51,140<\/td>\n14.40<\/td>\n22<\/td>\n-0.3181 %<\/td>\n3,286.9<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1731 %<\/td>\n3,932.8<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.98 %<\/td>\n4.45 %<\/td>\n89,346<\/td>\n2.28<\/td>\n24<\/td>\n0.0788 %<\/td>\n2,654.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1731 %<\/td>\n3,379.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.05 %<\/td>\n5.33 %<\/td>\n80,302<\/td>\n2.14<\/td>\n14<\/td>\n-0.2635 %<\/td>\n3,270.0<\/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\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.PR.X<\/td>\nFixedReset Disc<\/td>\n-7.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 6.51 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n-3.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 23.28
\nEvaluated at bid price : 24.75
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n-2.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 21.30
\nEvaluated at bid price : 21.30
\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n-2.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
ENB.PR.J<\/td>\nFixedReset Disc<\/td>\n-1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 22.86
\nEvaluated at bid price : 23.70
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n-1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
GWO.PR.M<\/td>\nInsurance Straight<\/td>\n-1.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-06-21
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.34
\nBid-YTW : -0.89 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n-1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 22.55
\nEvaluated at bid price : 22.80
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 20.75
\nEvaluated at bid price : 20.75
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
PVS.PR.L<\/td>\nSplitShare<\/td>\n-1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-06-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.50
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 22.55
\nEvaluated at bid price : 22.80
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 21.51
\nEvaluated at bid price : 21.51
\nBid-YTW : 5.26 %<\/td>\n<\/tr>\n
PVS.PR.K<\/td>\nSplitShare<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2029-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.95
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 22.09
\nEvaluated at bid price : 22.75
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n
PVS.PR.M<\/td>\nSplitShare<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2031-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.40
\nBid-YTW : 5.06 %<\/td>\n<\/tr>\n
ENB.PF.A<\/td>\nFixedReset Disc<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 22.66
\nEvaluated at bid price : 23.50
\nBid-YTW : 6.31 %<\/td>\n<\/tr>\n
BN.PR.N<\/td>\nPerpetual-Discount<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 20.62
\nEvaluated at bid price : 20.62
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
BN.PF.D<\/td>\nPerpetual-Discount<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 21.38
\nEvaluated at bid price : 21.38
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 20.87
\nEvaluated at bid price : 20.87
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 24.04
\nEvaluated at bid price : 24.29
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
ENB.PR.F<\/td>\nFixedReset Disc<\/td>\n2.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 23.17
\nEvaluated at bid price : 23.50
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
ENB.PF.G<\/td>\nFixedReset Disc<\/td>\n3.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 22.68
\nEvaluated at bid price : 23.67
\nBid-YTW : 6.25 %<\/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
PVS.PR.J<\/td>\nSplitShare<\/td>\n65,205<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2028-02-29
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.10
\nBid-YTW : 4.73 %<\/td>\n<\/tr>\n
ENB.PR.P<\/td>\nFixedReset Disc<\/td>\n29,566<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 23.07
\nEvaluated at bid price : 24.13
\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n
PWF.PR.O<\/td>\nPerpetual-Discount<\/td>\n28,980<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 24.68
\nEvaluated at bid price : 25.00
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n26,200<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.25
\nBid-YTW : 2.03 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n18,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 14.50
\nEvaluated at bid price : 14.50
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n16,600<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-12-20
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.37
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
There were 7 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.PR.X<\/td>\nFixedReset Disc<\/td>\nQuote: 20.00 – 21.95
\nSpot Rate : 1.9500
\nAverage : 1.2489<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 6.51 %<\/td>\n<\/tr>\n

GWO.PR.T<\/td>\nInsurance Straight<\/td>\nQuote: 22.60 – 25.00
\nSpot Rate : 2.4000
\nAverage : 1.8387<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 22.33
\nEvaluated at bid price : 22.60
\nBid-YTW : 5.78 %<\/td>\n<\/tr>\n

IFC.PR.M<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.90 – 25.90
\nSpot Rate : 1.0000
\nAverage : 0.6357<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 24.50
\nEvaluated at bid price : 24.90
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n

MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\nQuote: 24.75 – 25.75
\nSpot Rate : 1.0000
\nAverage : 0.6423<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-05-22
\nMaturity Price : 23.28
\nEvaluated at bid price : 24.75
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n

POW.PR.C<\/td>\nPerpetual-Premium<\/td>\nQuote: 25.20 – 25.90
\nSpot Rate : 0.7000
\nAverage : 0.4109<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-06-21
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.20
\nBid-YTW : 3.21 %<\/td>\n<\/tr>\n

PVS.PR.M<\/td>\nSplitShare<\/td>\nQuote: 25.40 – 25.93
\nSpot Rate : 0.5300
\nAverage : 0.3073<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2031-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.40
\nBid-YTW : 5.06 %<\/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-51942","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51942","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=51942"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51942\/revisions"}],"predecessor-version":[{"id":51943,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51942\/revisions\/51943"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}