{"id":52078,"date":"2026-06-23T21:16:25","date_gmt":"2026-06-24T01:16:25","guid":{"rendered":"https:\/\/prefblog.com\/?p=52078"},"modified":"2026-06-23T21:16:25","modified_gmt":"2026-06-24T01:16:25","slug":"june-23-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=52078","title":{"rendered":"June 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>\n5.60 %<\/td>\n5.84 %<\/td>\n22,351<\/td>\n14.67<\/td>\n1<\/td>\n0.6885 %<\/td>\n2,618.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.6645 %<\/td>\n4,876.5<\/td>\n<\/tr>\n
Floater<\/td>\n5.58 %<\/td>\n5.66 %<\/td>\n42,897<\/td>\n14.47<\/td>\n3<\/td>\n-0.6645 %<\/td>\n2,810.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0792 %<\/td>\n3,637.1<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.79 %<\/td>\n4.36 %<\/td>\n53,339<\/td>\n2.74<\/td>\n5<\/td>\n0.0792 %<\/td>\n4,343.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0792 %<\/td>\n3,388.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.71 %<\/td>\n5.69 %<\/td>\n69,536<\/td>\n14.02<\/td>\n7<\/td>\n-0.2951 %<\/td>\n3,055.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.60 %<\/td>\n5.68 %<\/td>\n39,006<\/td>\n14.32<\/td>\n29<\/td>\n-0.1814 %<\/td>\n3,371.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.65 %<\/td>\n5.89 %<\/td>\n112,459<\/td>\n13.83<\/td>\n19<\/td>\n0.3869 %<\/td>\n3,294.2<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.50 %<\/td>\n5.54 %<\/td>\n45,768<\/td>\n14.62<\/td>\n22<\/td>\n0.2791 %<\/td>\n3,277.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n4.70 %<\/td>\n4.73 %<\/td>\n18,762<\/td>\n16.05<\/td>\n1<\/td>\n0.0000 %<\/td>\n4,023.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.93 %<\/td>\n4.68 %<\/td>\n82,591<\/td>\n2.33<\/td>\n29<\/td>\n0.0656 %<\/td>\n2,650.7<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3869 %<\/td>\n3,367.4<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.33 %<\/td>\n5.31 %<\/td>\n52,185<\/td>\n14.58<\/td>\n14<\/td>\n-0.2272 %<\/td>\n3,202.9<\/td>\n<\/tr>\n<\/table>\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
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n-1.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n-1.86 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 23.59
\nEvaluated at bid price : 24.82
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
POW.PR.B<\/td>\nPerpetual-Discount<\/td>\n-1.78 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 22.93
\nEvaluated at bid price : 23.21
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 14.30
\nEvaluated at bid price : 14.30
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
ENB.PR.A<\/td>\nPerpetual-Discount<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 24.83
\nEvaluated at bid price : 25.05
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
ENB.PF.A<\/td>\nFixedReset Disc<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 22.85
\nEvaluated at bid price : 23.85
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 22.40
\nEvaluated at bid price : 22.66
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 22.53
\nEvaluated at bid price : 23.47
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
IFC.PR.M<\/td>\nPerpetual-Premium<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 24.60
\nEvaluated at bid price : 25.00
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n
NA.PR.K<\/td>\nFixedReset Prem<\/td>\n1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-05-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 28.10
\nBid-YTW : 3.49 %<\/td>\n<\/tr>\n
BN.PR.T<\/td>\nFixedReset Disc<\/td>\n3.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 22.06
\nEvaluated at bid price : 22.68
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n4.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 23.14
\nEvaluated at bid price : 23.40
\nBid-YTW : 5.52 %<\/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
FTS.PR.M<\/td>\nFixedReset Prem<\/td>\n795,098<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.13
\nBid-YTW : 5.47 %<\/td>\n<\/tr>\n
GWO.PF.A<\/td>\nPerpetual-Discount<\/td>\n252,705<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 24.58
\nEvaluated at bid price : 24.97
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n
BN.PR.K<\/td>\nFloater<\/td>\n75,619<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 13.83
\nEvaluated at bid price : 13.83
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
POW.PR.I<\/td>\nPerpetual-Premium<\/td>\n20,020<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 24.41
\nEvaluated at bid price : 24.80
\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n
BN.PR.T<\/td>\nFixedReset Disc<\/td>\n19,644<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 22.06
\nEvaluated at bid price : 22.68
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n15,142<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 23.32
\nEvaluated at bid price : 25.02
\nBid-YTW : 5.40 %<\/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
IFC.PR.E<\/td>\nInsurance Straight<\/td>\nQuote: 21.57 – 23.85
\nSpot Rate : 2.2800
\nAverage : 1.8188<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 21.30
\nEvaluated at bid price : 21.57
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n

GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.26 – 20.50
\nSpot Rate : 1.2400
\nAverage : 0.9587<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 19.26
\nEvaluated at bid price : 19.26
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n

GWO.PR.H<\/td>\nInsurance Straight<\/td>\nQuote: 21.65 – 22.49
\nSpot Rate : 0.8400
\nAverage : 0.5663<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 21.38
\nEvaluated at bid price : 21.65
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n

PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.41 – 21.20
\nSpot Rate : 0.7900
\nAverage : 0.5287<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 20.41
\nEvaluated at bid price : 20.41
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n

POW.PR.B<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.21 – 23.88
\nSpot Rate : 0.6700
\nAverage : 0.4413<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 22.93
\nEvaluated at bid price : 23.21
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n

MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\nQuote: 24.82 – 25.99
\nSpot Rate : 1.1700
\nAverage : 0.9494<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-23
\nMaturity Price : 23.59
\nEvaluated at bid price : 24.82
\nBid-YTW : 5.77 %<\/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 5.60 % 5.84 …<\/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-52078","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52078","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=52078"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52078\/revisions"}],"predecessor-version":[{"id":52079,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52078\/revisions\/52079"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}