{"id":52211,"date":"2026-07-20T19:53:38","date_gmt":"2026-07-20T23:53:38","guid":{"rendered":"https:\/\/prefblog.com\/?p=52211"},"modified":"2026-07-20T19:53:38","modified_gmt":"2026-07-20T23:53:38","slug":"july-20-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=52211","title":{"rendered":"July 20, 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-0.2811 %<\/td>\n2,633.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2811 %<\/td>\n4,959.2<\/td>\n<\/tr>\n
Floater<\/td>\n5.49 %<\/td>\n5.60 %<\/td>\n37,956<\/td>\n14.52<\/td>\n3<\/td>\n-0.2811 %<\/td>\n2,858.0<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0555 %<\/td>\n3,631.0<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.80 %<\/td>\n4.63 %<\/td>\n63,966<\/td>\n2.66<\/td>\n5<\/td>\n-0.0555 %<\/td>\n4,336.2<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0555 %<\/td>\n3,383.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.68 %<\/td>\n-3.62 %<\/td>\n59,828<\/td>\n0.09<\/td>\n7<\/td>\n-0.0113 %<\/td>\n3,082.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.53 %<\/td>\n5.57 %<\/td>\n42,773<\/td>\n14.54<\/td>\n27<\/td>\n0.0916 %<\/td>\n3,415.3<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.61 %<\/td>\n5.81 %<\/td>\n99,693<\/td>\n14.04<\/td>\n19<\/td>\n0.2376 %<\/td>\n3,391.4<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.40 %<\/td>\n5.46 %<\/td>\n47,896<\/td>\n14.67<\/td>\n20<\/td>\n0.5904 %<\/td>\n3,332.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2376 %<\/td>\n4,140.9<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.87 %<\/td>\n4.35 %<\/td>\n80,529<\/td>\n2.16<\/td>\n29<\/td>\n0.5166 %<\/td>\n2,677.1<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2376 %<\/td>\n3,466.7<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.25 %<\/td>\n5.28 %<\/td>\n56,948<\/td>\n13.83<\/td>\n14<\/td>\n0.2454 %<\/td>\n3,254.5<\/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\n\n\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n-3.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 23.61
\nEvaluated at bid price : 24.82
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n-2.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 22.63
\nEvaluated at bid price : 23.20
\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\n-2.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 21.78
\nEvaluated at bid price : 22.03
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
ENB.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 22.61
\nEvaluated at bid price : 23.46
\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n-1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 23.39
\nEvaluated at bid price : 24.98
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n
FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 22.33
\nEvaluated at bid price : 22.60
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 21.55
\nEvaluated at bid price : 21.81
\nBid-YTW : 5.60 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 21.01
\nEvaluated at bid price : 21.01
\nBid-YTW : 5.44 %<\/td>\n<\/tr>\n
BN.PF.B<\/td>\nFixedReset Prem<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-04-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.55
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 22.85
\nEvaluated at bid price : 23.29
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n
NA.PR.K<\/td>\nFixedReset Prem<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-05-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 28.77
\nBid-YTW : 2.64 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 21.65
\nEvaluated at bid price : 21.90
\nBid-YTW : 5.17 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 21.22
\nEvaluated at bid price : 21.22
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 23.48
\nEvaluated at bid price : 25.08
\nBid-YTW : 5.24 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.10
\nBid-YTW : 1.73 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 22.49
\nEvaluated at bid price : 22.75
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Prem<\/td>\n1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.35
\nBid-YTW : 4.95 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset Prem<\/td>\n1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-05-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.46
\nBid-YTW : 2.31 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n1.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 23.33
\nEvaluated at bid price : 23.62
\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-12-20
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.65
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 24.56
\nEvaluated at bid price : 24.81
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n1.75 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 22.93
\nEvaluated at bid price : 23.20
\nBid-YTW : 5.05 %<\/td>\n<\/tr>\n
ENB.PF.C<\/td>\nFixedReset Disc<\/td>\n2.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 23.14
\nEvaluated at bid price : 24.57
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n2.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 23.27
\nEvaluated at bid price : 23.57
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n3.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 22.58
\nEvaluated at bid price : 23.56
\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Prem<\/td>\n3.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-01-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.45
\nBid-YTW : 4.10 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n4.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 21.14
\nEvaluated at bid price : 21.14
\nBid-YTW : 5.38 %<\/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.A<\/td>\nFixedReset Prem<\/td>\n101,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.88
\nBid-YTW : 5.24 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n63,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 23.24
\nEvaluated at bid price : 23.54
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
GWO.PF.A<\/td>\nPerpetual-Premium<\/td>\n55,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 24.75
\nEvaluated at bid price : 25.15
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
ENB.PR.Y<\/td>\nFixedReset Disc<\/td>\n49,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 22.71
\nEvaluated at bid price : 23.50
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
ENB.PF.E<\/td>\nFixedReset Disc<\/td>\n41,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 22.61
\nEvaluated at bid price : 23.46
\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n
ENB.PF.G<\/td>\nFixedReset Disc<\/td>\n20,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 23.11
\nEvaluated at bid price : 24.65
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n
There were 2 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.J<\/td>\nFixedReset Ins Non<\/td>\nQuote: 24.82 – 26.23
\nSpot Rate : 1.4100
\nAverage : 0.9871<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 23.61
\nEvaluated at bid price : 24.82
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n

ENB.PR.D<\/td>\nFixedReset Disc<\/td>\nQuote: 24.02 – 24.90
\nSpot Rate : 0.8800
\nAverage : 0.5535<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 23.64
\nEvaluated at bid price : 24.02
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n

ENB.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 23.46 – 24.59
\nSpot Rate : 1.1300
\nAverage : 0.8332<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 22.61
\nEvaluated at bid price : 23.46
\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n

CU.PR.D<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.03 – 22.82
\nSpot Rate : 0.7900
\nAverage : 0.5092<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 21.78
\nEvaluated at bid price : 22.03
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n

FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.60 – 23.25
\nSpot Rate : 0.6500
\nAverage : 0.4647<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-20
\nMaturity Price : 22.33
\nEvaluated at bid price : 22.60
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n

CU.PR.C<\/td>\nFixedReset Prem<\/td>\nQuote: 25.15 – 26.15
\nSpot Rate : 1.0000
\nAverage : 0.8235<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-06-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.15
\nBid-YTW : 5.35 %<\/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 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-52211","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52211","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=52211"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52211\/revisions"}],"predecessor-version":[{"id":52212,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52211\/revisions\/52212"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}