{"id":52112,"date":"2026-07-02T21:43:17","date_gmt":"2026-07-03T01:43:17","guid":{"rendered":"https:\/\/prefblog.com\/?p=52112"},"modified":"2026-07-02T21:43:17","modified_gmt":"2026-07-03T01:43:17","slug":"july-2-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=52112","title":{"rendered":"July 2, 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>\n5.59 %<\/td>\n5.79 %<\/td>\n21,632<\/td>\n14.74<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,622.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.0260 %<\/td>\n4,932.4<\/td>\n<\/tr>\n
Floater<\/td>\n5.52 %<\/td>\n5.64 %<\/td>\n37,614<\/td>\n14.48<\/td>\n3<\/td>\n1.0260 %<\/td>\n2,842.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1588 %<\/td>\n3,621.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.81 %<\/td>\n4.96 %<\/td>\n58,371<\/td>\n2.71<\/td>\n5<\/td>\n-0.1588 %<\/td>\n4,324.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1588 %<\/td>\n3,374.4<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.68 %<\/td>\n5.63 %<\/td>\n59,272<\/td>\n6.58<\/td>\n7<\/td>\n0.2611 %<\/td>\n3,072.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.58 %<\/td>\n5.67 %<\/td>\n41,107<\/td>\n14.38<\/td>\n29<\/td>\n0.2057 %<\/td>\n3,383.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.61 %<\/td>\n5.81 %<\/td>\n109,252<\/td>\n13.96<\/td>\n19<\/td>\n0.3387 %<\/td>\n3,316.2<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.48 %<\/td>\n5.53 %<\/td>\n47,527<\/td>\n14.60<\/td>\n22<\/td>\n0.2998 %<\/td>\n3,291.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n4.78 %<\/td>\n4.81 %<\/td>\n16,558<\/td>\n15.89<\/td>\n1<\/td>\n-0.6708 %<\/td>\n3,949.6<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.92 %<\/td>\n4.68 %<\/td>\n76,896<\/td>\n2.30<\/td>\n29<\/td>\n0.0000 %<\/td>\n2,654.9<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3387 %<\/td>\n3,389.9<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.30 %<\/td>\n5.26 %<\/td>\n51,204<\/td>\n14.67<\/td>\n14<\/td>\n0.3288 %<\/td>\n3,221.3<\/td>\n<\/tr>\n<\/table>\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
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 22.54
\nEvaluated at bid price : 23.49
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 22.17
\nEvaluated at bid price : 22.45
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n
ENB.PR.D<\/td>\nFixedReset Disc<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 22.53
\nEvaluated at bid price : 22.90
\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-09-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.70
\nBid-YTW : 5.14 %<\/td>\n<\/tr>\n
FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 22.56
\nEvaluated at bid price : 22.82
\nBid-YTW : 5.25 %<\/td>\n<\/tr>\n
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 22.22
\nEvaluated at bid price : 22.50
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
ENB.PF.G<\/td>\nFixedReset Disc<\/td>\n1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 22.91
\nEvaluated at bid price : 24.15
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n
GWO.PR.M<\/td>\nInsurance Straight<\/td>\n1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-08-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.94
\nBid-YTW : -35.24 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 20.97
\nEvaluated at bid price : 20.97
\nBid-YTW : 5.40 %<\/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 : 5.45 %<\/td>\n<\/tr>\n
BN.PR.K<\/td>\nFloater<\/td>\n2.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 13.86
\nEvaluated at bid price : 13.86
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n3.95 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 23.68
\nEvaluated at bid price : 23.95
\nBid-YTW : 5.66 %<\/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.H<\/td>\nSplitShare<\/td>\n48,575<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2027-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.04
\nBid-YTW : 4.97 %<\/td>\n<\/tr>\n
GWO.PF.A<\/td>\nPerpetual-Discount<\/td>\n39,751<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 24.65
\nEvaluated at bid price : 25.05
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n27,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 23.42
\nEvaluated at bid price : 24.38
\nBid-YTW : 5.26 %<\/td>\n<\/tr>\n
GWO.PR.Z<\/td>\nInsurance Straight<\/td>\n25,394<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 24.60
\nEvaluated at bid price : 25.01
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
BN.PR.T<\/td>\nFixedReset Disc<\/td>\n19,601<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 22.09
\nEvaluated at bid price : 22.73
\nBid-YTW : 5.78 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Prem<\/td>\n17,107<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.53
\nBid-YTW : 4.19 %<\/td>\n<\/tr>\n
There were 5 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: 23.75 – 24.80
\nSpot Rate : 1.0500
\nAverage : 0.6590<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 23.48
\nEvaluated at bid price : 23.75
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n

ENB.PR.P<\/td>\nFixedReset Disc<\/td>\nQuote: 24.10 – 24.80
\nSpot Rate : 0.7000
\nAverage : 0.4508<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 23.07
\nEvaluated at bid price : 24.10
\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n

ENB.PF.C<\/td>\nFixedReset Disc<\/td>\nQuote: 23.55 – 24.80
\nSpot Rate : 1.2500
\nAverage : 1.0031<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 22.67
\nEvaluated at bid price : 23.55
\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n

POW.PR.B<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.65 – 24.33
\nSpot Rate : 0.6800
\nAverage : 0.4580<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 23.36
\nEvaluated at bid price : 23.65
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n

SLF.PR.E<\/td>\nInsurance Straight<\/td>\nQuote: 21.62 – 22.35
\nSpot Rate : 0.7300
\nAverage : 0.5082<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.62
\nBid-YTW : 5.22 %<\/td>\n<\/tr>\n

MFC.PR.B<\/td>\nInsurance Straight<\/td>\nQuote: 22.15 – 22.75
\nSpot Rate : 0.6000
\nAverage : 0.4230<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-02
\nMaturity Price : 21.91
\nEvaluated at bid price : 22.15
\nBid-YTW : 5.28 %<\/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 5.59 % 5.79 …<\/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-52112","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52112","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=52112"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52112\/revisions"}],"predecessor-version":[{"id":52113,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52112\/revisions\/52113"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}