{"id":52426,"date":"2026-08-12T22:03:18","date_gmt":"2026-08-13T02:03:18","guid":{"rendered":"https:\/\/prefblog.com\/?p=52426"},"modified":"2026-08-12T22:03:18","modified_gmt":"2026-08-13T02:03:18","slug":"august-12-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=52426","title":{"rendered":"August 12, 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-0.0233 %<\/td>\n2,655.1<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0233 %<\/td>\n5,000.0<\/td>\n<\/tr>\n
Floater<\/td>\n5.44 %<\/td>\n5.60 %<\/td>\n35,211<\/td>\n14.48<\/td>\n3<\/td>\n-0.0233 %<\/td>\n2,881.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0237 %<\/td>\n3,650.0<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.77 %<\/td>\n4.91 %<\/td>\n51,460<\/td>\n2.60<\/td>\n5<\/td>\n-0.0237 %<\/td>\n4,358.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0237 %<\/td>\n3,401.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.61 %<\/td>\n5.42 %<\/td>\n47,949<\/td>\n6.48<\/td>\n12<\/td>\n-0.0033 %<\/td>\n3,092.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.49 %<\/td>\n5.55 %<\/td>\n38,927<\/td>\n14.54<\/td>\n21<\/td>\n0.5483 %<\/td>\n3,438.6<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.50 %<\/td>\n5.92 %<\/td>\n90,480<\/td>\n13.78<\/td>\n17<\/td>\n-0.0642 %<\/td>\n3,418.7<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.35 %<\/td>\n5.44 %<\/td>\n45,773<\/td>\n14.67<\/td>\n20<\/td>\n0.3047 %<\/td>\n3,360.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0642 %<\/td>\n4,174.3<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.90 %<\/td>\n4.51 %<\/td>\n76,527<\/td>\n2.13<\/td>\n31<\/td>\n0.1284 %<\/td>\n2,669.8<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0642 %<\/td>\n3,494.7<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.20 %<\/td>\n4.93 %<\/td>\n50,851<\/td>\n3.03<\/td>\n14<\/td>\n0.3930 %<\/td>\n3,285.5<\/td>\n<\/tr>\n<\/table>\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
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n-2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-12
\nMaturity Price : 22.66
\nEvaluated at bid price : 22.90
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n-1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-12
\nMaturity Price : 22.79
\nEvaluated at bid price : 23.40
\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n-1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-12
\nMaturity Price : 23.49
\nEvaluated at bid price : 25.25
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Prem<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-02-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.77
\nBid-YTW : 2.90 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-12
\nMaturity Price : 24.57
\nEvaluated at bid price : 24.83
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-12
\nMaturity Price : 21.44
\nEvaluated at bid price : 21.70
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
BN.PR.N<\/td>\nPerpetual-Discount<\/td>\n1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-12
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Prem<\/td>\n2.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2030-07-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.70
\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n
MIC.PR.A<\/td>\nPerpetual-Discount<\/td>\n5.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-12
\nMaturity Price : 22.79
\nEvaluated at bid price : 23.23
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n7.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-12
\nMaturity Price : 24.50
\nEvaluated at bid price : 24.75
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n8.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-12
\nMaturity Price : 21.15
\nEvaluated at bid price : 21.15
\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
ENB.PF.C<\/td>\nFixedReset Disc<\/td>\n100,062<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-12
\nMaturity Price : 23.16
\nEvaluated at bid price : 24.61
\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n
POW.PR.G<\/td>\nPerpetual-Premium<\/td>\n85,457<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-12
\nMaturity Price : 24.68
\nEvaluated at bid price : 25.00
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Prem<\/td>\n64,220<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.32
\nBid-YTW : 3.80 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n63,940<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-12
\nMaturity Price : 20.36
\nEvaluated at bid price : 20.36
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
BN.PR.B<\/td>\nFloater<\/td>\n55,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-12
\nMaturity Price : 14.10
\nEvaluated at bid price : 14.10
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n44,216<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.10
\nBid-YTW : 3.47 %<\/td>\n<\/tr>\n
There were 10 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.B<\/td>\nFloater<\/td>\nQuote: 14.10 – 15.17
\nSpot Rate : 1.0700
\nAverage : 0.6119<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-12
\nMaturity Price : 14.10
\nEvaluated at bid price : 14.10
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n

MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\nQuote: 25.87 – 26.80
\nSpot Rate : 0.9300
\nAverage : 0.6238<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-12-20
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.87
\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n

CCS.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 22.90 – 23.69
\nSpot Rate : 0.7900
\nAverage : 0.5875<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-12
\nMaturity Price : 22.66
\nEvaluated at bid price : 22.90
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n

ENB.PR.B<\/td>\nFixedReset Disc<\/td>\nQuote: 23.40 – 24.15
\nSpot Rate : 0.7500
\nAverage : 0.5493<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-12
\nMaturity Price : 22.79
\nEvaluated at bid price : 23.40
\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n

CM.PR.S<\/td>\nFixedReset Prem<\/td>\nQuote: 25.83 – 26.23
\nSpot Rate : 0.4000
\nAverage : 0.2466<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.83
\nBid-YTW : 3.69 %<\/td>\n<\/tr>\n

MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\nQuote: 25.25 – 25.75
\nSpot Rate : 0.5000
\nAverage : 0.3510<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-12
\nMaturity Price : 23.49
\nEvaluated at bid price : 25.25
\nBid-YTW : 5.48 %<\/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-52426","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52426","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=52426"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52426\/revisions"}],"predecessor-version":[{"id":52427,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52426\/revisions\/52427"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}