{"id":52458,"date":"2026-08-18T22:03:08","date_gmt":"2026-08-19T02:03:08","guid":{"rendered":"https:\/\/prefblog.com\/?p=52458"},"modified":"2026-08-18T22:03:08","modified_gmt":"2026-08-19T02:03:08","slug":"august-17-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=52458","title":{"rendered":"August 17, 2026"},"content":{"rendered":"<p>Sorry about the delay for this post &#8211; a routine update of the WordPress software turned out to be exceptional!<\/p>\n<table border='1'>\n<tr>\n<td colspan='8'><strong>HIMIPref&trade; Preferred Indices<br \/>These values reflect the December 2008 revision of the HIMIPref&trade; Indices<\/strong><br \/>Values are provisional and are finalized monthly<\/td>\n<\/tr>\n<tr>\n<td>Index<\/td>\n<td>Mean<br \/>Current<br \/>Yield<br \/>(at bid)<\/td>\n<td>Median<br \/>YTW<\/td>\n<td>Median<br \/>Average<br \/>Trading<br \/>Value<\/td>\n<td>Median<br \/>Mod Dur<br \/>(YTW)<\/td>\n<td>Issues<\/td>\n<td>Day&#8217;s Perf.<\/td>\n<td>Index Value<\/td>\n<\/tr>\n<tr>\n<td>Ratchet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.4685 %<\/td>\n<td>2,628.5<\/td>\n<\/tr>\n<tr>\n<td>FixedFloater<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.4685 %<\/td>\n<td>4,949.9<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>5.50 %<\/td>\n<td>5.61 %<\/td>\n<td>32,272<\/td>\n<td>14.45<\/td>\n<td>3<\/td>\n<td>-0.4685 %<\/td>\n<td>2,852.6<\/td>\n<\/tr>\n<tr>\n<td>OpRet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.0946 %<\/td>\n<td>3,654.6<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.77 %<\/td>\n<td>4.89 %<\/td>\n<td>53,165<\/td>\n<td>2.59<\/td>\n<td>5<\/td>\n<td>0.0946 %<\/td>\n<td>4,364.4<\/td>\n<\/tr>\n<tr>\n<td>Interest-Bearing<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.0946 %<\/td>\n<td>3,405.3<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.62 %<\/td>\n<td>5.49 %<\/td>\n<td>57,620<\/td>\n<td>6.63<\/td>\n<td>12<\/td>\n<td>-0.2075 %<\/td>\n<td>3,086.4<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.49 %<\/td>\n<td>5.55 %<\/td>\n<td>37,663<\/td>\n<td>14.56<\/td>\n<td>21<\/td>\n<td>0.0334 %<\/td>\n<td>3,438.3<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Disc<\/td>\n<td>5.51 %<\/td>\n<td>5.87 %<\/td>\n<td>98,644<\/td>\n<td>14.03<\/td>\n<td>17<\/td>\n<td>0.3655 %<\/td>\n<td>3,410.1<\/td>\n<\/tr>\n<tr>\n<td>Insurance Straight<\/td>\n<td>5.35 %<\/td>\n<td>5.45 %<\/td>\n<td>44,418<\/td>\n<td>14.64<\/td>\n<td>20<\/td>\n<td>-0.1835 %<\/td>\n<td>3,363.4<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.3655 %<\/td>\n<td>4,163.8<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Prem<\/td>\n<td>5.89 %<\/td>\n<td>4.44 %<\/td>\n<td>77,155<\/td>\n<td>2.11<\/td>\n<td>31<\/td>\n<td>0.0000 %<\/td>\n<td>2,672.1<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Bank Non<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.3655 %<\/td>\n<td>3,485.8<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Ins Non<\/td>\n<td>5.19 %<\/td>\n<td>4.79 %<\/td>\n<td>49,809<\/td>\n<td>1.94<\/td>\n<td>14<\/td>\n<td>-0.3399 %<\/td>\n<td>3,292.0<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='4'><strong>Performance Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Change<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.N<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-8.02 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-08-17<br \/>\nMaturity Price  : 19.50<br \/>\nEvaluated at bid price : 19.50<br \/>\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.H<\/td>\n<td>Insurance Straight<\/td>\n<td>-3.71 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-08-17<br \/>\nMaturity Price  : 21.55<br \/>\nEvaluated at bid price : 21.81<br \/>\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.A<\/td>\n<td>Floater<\/td>\n<td>-1.36 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-08-17<br \/>\nMaturity Price  : 14.55<br \/>\nEvaluated at bid price : 14.55<br \/>\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.G<\/td>\n<td>Insurance Straight<\/td>\n<td>-1.23 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-08-17<br \/>\nMaturity Price  : 23.85<br \/>\nEvaluated at bid price : 24.10<br \/>\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PF.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.21 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-08-17<br \/>\nMaturity Price  : 23.02<br \/>\nEvaluated at bid price : 24.40<br \/>\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.K<\/td>\n<td>FixedReset Prem<\/td>\n<td>-1.05 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2029-05-01<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 28.30<br \/>\nBid-YTW : 2.72 %<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.F<\/td>\n<td>Perpetual-Discount<\/td>\n<td>1.02 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-08-17<br \/>\nMaturity Price  : 23.57<br \/>\nEvaluated at bid price : 23.84<br \/>\nBid-YTW : 5.23 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PF.A<\/td>\n<td>FixedReset Prem<\/td>\n<td>1.16 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2028-09-30<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.20<br \/>\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.B<\/td>\n<td>Insurance Straight<\/td>\n<td>1.31 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-08-17<br \/>\nMaturity Price  : 22.93<br \/>\nEvaluated at bid price : 23.20<br \/>\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.P<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.57 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-08-17<br \/>\nMaturity Price  : 21.66<br \/>\nEvaluated at bid price : 22.00<br \/>\nBid-YTW : 5.49 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PR.T<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.73 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-08-17<br \/>\nMaturity Price  : 23.43<br \/>\nEvaluated at bid price : 24.12<br \/>\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PF.F<\/td>\n<td>FixedReset Prem<\/td>\n<td>2.14 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2029-10-01<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.80<br \/>\nBid-YTW : 5.01 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.Y<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.51 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-08-17<br \/>\nMaturity Price  : 22.80<br \/>\nEvaluated at bid price : 23.65<br \/>\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.P<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.58 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-08-17<br \/>\nMaturity Price  : 23.32<br \/>\nEvaluated at bid price : 24.63<br \/>\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='4'><strong>Volume Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Shares<br \/>Traded<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.N<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>96,100<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-08-17<br \/>\nMaturity Price  : 19.50<br \/>\nEvaluated at bid price : 19.50<br \/>\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PF.G<\/td>\n<td>FixedReset Prem<\/td>\n<td>32,600<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2030-07-01<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.00<br \/>\nBid-YTW : 4.76 %<\/td>\n<\/tr>\n<tr>\n<td>ENB.PR.D<\/td>\n<td>FixedReset Disc<\/td>\n<td>28,200<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-08-17<br \/>\nMaturity Price  : 23.60<br \/>\nEvaluated at bid price : 24.00<br \/>\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PF.M<\/td>\n<td>FixedReset Prem<\/td>\n<td>23,200<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2031-01-01<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 26.25<br \/>\nBid-YTW : 4.59 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.Z<\/td>\n<td>Insurance Straight<\/td>\n<td>21,000<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2034-09-30<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.37<br \/>\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PF.A<\/td>\n<td>Perpetual-Premium<\/td>\n<td>20,900<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2035-06-30<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.42<br \/>\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n<tr>\n<td colspan='4'>There were 5 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='3'><strong>Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan='3'>See <a href='https:\/\/prefblog.com\/?p=13456'>TMX DataLinx: &#8216;Last&#8217; != &#8216;Close&#8217;<\/a> and the posts linked therein for an idea of why these quotes are so horrible.<\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Quote Data and Yield Notes<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.N<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>Quote: 19.50 &#8211; 21.40<br \/>\nSpot Rate  :  1.9000<br \/>\nAverage  :  1.3016<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-08-17<br \/>\nMaturity Price  : 19.50<br \/>\nEvaluated at bid price : 19.50<br \/>\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.M<\/td>\n<td>Perpetual-Premium<\/td>\n<td>Quote: 25.30 &#8211; 26.30<br \/>\nSpot Rate  :  1.0000<br \/>\nAverage  :  0.6119<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2034-12-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.30<br \/>\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.H<\/td>\n<td>Insurance Straight<\/td>\n<td>Quote: 21.81 &#8211; 22.99<br \/>\nSpot Rate  :  1.1800<br \/>\nAverage  :  0.8674<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-08-17<br \/>\nMaturity Price  : 21.55<br \/>\nEvaluated at bid price : 21.81<br \/>\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.L<\/td>\n<td>Insurance Straight<\/td>\n<td>Quote: 25.23 &#8211; 25.97<br \/>\nSpot Rate  :  0.7400<br \/>\nAverage  :  0.4900<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2026-09-16<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.23<br \/>\nBid-YTW : 3.48 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.D<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 23.04 &#8211; 24.87<br \/>\nSpot Rate  :  1.8300<br \/>\nAverage  :  1.6182<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-08-17<br \/>\nMaturity Price  : 22.76<br \/>\nEvaluated at bid price : 23.04<br \/>\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PR.X<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 21.70 &#8211; 22.45<br \/>\nSpot Rate  :  0.7500<br \/>\nAverage  :  0.5508<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-08-17<br \/>\nMaturity Price  : 21.40<br \/>\nEvaluated at bid price : 21.70<br \/>\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Sorry about the delay for this post &#8211; a routine update of the WordPress software turned out to be exceptional! HIMIPref&trade; Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref&trade; IndicesValues are provisional &hellip;<\/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-52458","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52458","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=52458"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52458\/revisions"}],"predecessor-version":[{"id":52459,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52458\/revisions\/52459"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}