{"id":52085,"date":"2026-06-24T22:15:51","date_gmt":"2026-06-25T02:15:51","guid":{"rendered":"https:\/\/prefblog.com\/?p=52085"},"modified":"2026-06-24T22:15:51","modified_gmt":"2026-06-25T02:15:51","slug":"june-24-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=52085","title":{"rendered":"June 24, 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>\n5.85 %<\/td>\n21,478<\/td>\n14.66<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,618.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.6928 %<\/td>\n4,910.3<\/td>\n<\/tr>\n
Floater<\/td>\n5.54 %<\/td>\n5.64 %<\/td>\n41,484<\/td>\n14.50<\/td>\n3<\/td>\n0.6928 %<\/td>\n2,829.8<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0792 %<\/td>\n3,634.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.79 %<\/td>\n4.45 %<\/td>\n53,223<\/td>\n2.73<\/td>\n5<\/td>\n-0.0792 %<\/td>\n4,340.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0792 %<\/td>\n3,386.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.72 %<\/td>\n5.69 %<\/td>\n66,783<\/td>\n14.03<\/td>\n7<\/td>\n-0.0342 %<\/td>\n3,054.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.59 %<\/td>\n5.67 %<\/td>\n39,823<\/td>\n14.39<\/td>\n29<\/td>\n0.0954 %<\/td>\n3,375.0<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.66 %<\/td>\n5.92 %<\/td>\n111,435<\/td>\n13.81<\/td>\n19<\/td>\n-0.2372 %<\/td>\n3,286.4<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.51 %<\/td>\n5.55 %<\/td>\n47,448<\/td>\n14.58<\/td>\n22<\/td>\n-0.2008 %<\/td>\n3,270.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n4.70 %<\/td>\n4.73 %<\/td>\n18,025<\/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>\n83,542<\/td>\n2.33<\/td>\n29<\/td>\n-0.0589 %<\/td>\n2,649.2<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2372 %<\/td>\n3,359.4<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.39 %<\/td>\n5.35 %<\/td>\n51,703<\/td>\n14.58<\/td>\n14<\/td>\n-1.0308 %<\/td>\n3,169.9<\/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
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n-15.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-24
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 6.41 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n-3.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-24
\nMaturity Price : 22.22
\nEvaluated at bid price : 22.50
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-24
\nMaturity Price : 22.17
\nEvaluated at bid price : 22.45
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-24
\nMaturity Price : 14.48
\nEvaluated at bid price : 14.48
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
POW.PR.B<\/td>\nPerpetual-Discount<\/td>\n1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-24
\nMaturity Price : 23.31
\nEvaluated at bid price : 23.59
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-24
\nMaturity Price : 21.33
\nEvaluated at bid price : 21.60
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n2.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.36
\nBid-YTW : 5.37 %<\/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
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n65,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-24
\nMaturity Price : 22.91
\nEvaluated at bid price : 24.06
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
GWO.PF.A<\/td>\nPerpetual-Discount<\/td>\n64,762<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-24
\nMaturity Price : 24.56
\nEvaluated at bid price : 24.95
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n
BN.PR.T<\/td>\nFixedReset Disc<\/td>\n48,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-24
\nMaturity Price : 22.08
\nEvaluated at bid price : 22.71
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n
PWF.PR.R<\/td>\nPerpetual-Discount<\/td>\n39,340<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-24
\nMaturity Price : 24.19
\nEvaluated at bid price : 24.45
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n31,295<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-24
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Prem<\/td>\n26,850<\/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
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
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\nQuote: 21.50 – 25.60
\nSpot Rate : 4.1000
\nAverage : 2.2366<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-24
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 6.41 %<\/td>\n<\/tr>\n

GWO.PR.T<\/td>\nInsurance Straight<\/td>\nQuote: 22.50 – 23.75
\nSpot Rate : 1.2500
\nAverage : 0.9440<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-24
\nMaturity Price : 22.22
\nEvaluated at bid price : 22.50
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n

IFC.PR.E<\/td>\nInsurance Straight<\/td>\nQuote: 21.57 – 23.88
\nSpot Rate : 2.3100
\nAverage : 2.0757<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-24
\nMaturity Price : 21.30
\nEvaluated at bid price : 21.57
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n

PWF.PR.T<\/td>\nFixedReset Prem<\/td>\nQuote: 25.12 – 26.12
\nSpot Rate : 1.0000
\nAverage : 0.8237<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-24
\nMaturity Price : 23.49
\nEvaluated at bid price : 25.12
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n

GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.19 – 20.50
\nSpot Rate : 1.3100
\nAverage : 1.1425<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-06-24
\nMaturity Price : 19.19
\nEvaluated at bid price : 19.19
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n

BIP.PR.E<\/td>\nFixedReset Prem<\/td>\nQuote: 25.95 – 26.50
\nSpot Rate : 0.5500
\nAverage : 0.3970<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.95
\nBid-YTW : 4.35 %<\/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 % 5.85 …<\/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-52085","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52085","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=52085"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52085\/revisions"}],"predecessor-version":[{"id":52086,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52085\/revisions\/52086"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}