{"id":52505,"date":"2026-09-01T09:33:18","date_gmt":"2026-09-01T13:33:18","guid":{"rendered":"https:\/\/prefblog.com\/?p=52505"},"modified":"2026-09-05T19:08:59","modified_gmt":"2026-09-05T23:08:59","slug":"august-31-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=52505","title":{"rendered":"August 31, 2026"},"content":{"rendered":"

This post will be delayed a little bit. Sorry!
\nUpdate, 2026-09-05<\/b>:<\/p>\n\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>\n0.2556 %<\/td>\n2,669.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2556 %<\/td>\n5,026.8<\/td>\n<\/tr>\n
Floater<\/td>\n5.41 %<\/td>\n5.51 %<\/td>\n30,721<\/td>\n14.60<\/td>\n3<\/td>\n0.2556 %<\/td>\n2,896.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1667 %<\/td>\n3,634.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.79 %<\/td>\n4.29 %<\/td>\n60,550<\/td>\n2.58<\/td>\n5<\/td>\n0.1667 %<\/td>\n4,340.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1667 %<\/td>\n3,386.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.65 %<\/td>\n5.56 %<\/td>\n51,878<\/td>\n6.73<\/td>\n12<\/td>\n-0.0232 %<\/td>\n3,074.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.55 %<\/td>\n5.65 %<\/td>\n38,031<\/td>\n14.38<\/td>\n21<\/td>\n0.3223 %<\/td>\n3,399.3<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.51 %<\/td>\n5.87 %<\/td>\n91,184<\/td>\n14.00<\/td>\n17<\/td>\n-0.2594 %<\/td>\n3,410.6<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.40 %<\/td>\n5.50 %<\/td>\n43,167<\/td>\n14.49<\/td>\n20<\/td>\n0.0972 %<\/td>\n3,330.6<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2594 %<\/td>\n4,164.3<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.94 %<\/td>\n4.61 %<\/td>\n77,360<\/td>\n2.18<\/td>\n32<\/td>\n-0.8008 %<\/td>\n2,651.3<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2594 %<\/td>\n3,486.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.19 %<\/td>\n4.64 %<\/td>\n51,980<\/td>\n1.93<\/td>\n14<\/td>\n-0.2941 %<\/td>\n3,286.7<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
BN.PR.Z<\/td>\nFixedReset Prem<\/td>\n-26.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 8.47 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-4.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 22.39
\nEvaluated at bid price : 22.81
\nBid-YTW : 5.60 %<\/td>\n<\/tr>\n
ENB.PR.F<\/td>\nFixedReset Disc<\/td>\n-2.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 23.13
\nEvaluated at bid price : 23.51
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
ENB.PF.G<\/td>\nFixedReset Disc<\/td>\n-1.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 22.95
\nEvaluated at bid price : 24.21
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 23.15
\nEvaluated at bid price : 24.61
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n
IFC.PR.K<\/td>\nInsurance Straight<\/td>\n-1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 23.17
\nEvaluated at bid price : 23.61
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
GWO.PR.Z<\/td>\nInsurance Straight<\/td>\n-1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 24.64
\nEvaluated at bid price : 25.05
\nBid-YTW : 5.78 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n-1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 23.38
\nEvaluated at bid price : 24.90
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n
BN.PR.B<\/td>\nFloater<\/td>\n-1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 13.85
\nEvaluated at bid price : 13.85
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 5.44 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Prem<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 23.51
\nEvaluated at bid price : 25.05
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
NA.PR.C<\/td>\nFixedReset Prem<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-11-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.27
\nBid-YTW : 2.99 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 21.31
\nEvaluated at bid price : 21.60
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Prem<\/td>\n1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.00
\nBid-YTW : 3.69 %<\/td>\n<\/tr>\n
PWF.PR.R<\/td>\nPerpetual-Discount<\/td>\n1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 24.12
\nEvaluated at bid price : 24.37
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 21.29
\nEvaluated at bid price : 21.29
\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Prem<\/td>\n1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.25
\nBid-YTW : 2.97 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 23.58
\nEvaluated at bid price : 23.85
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-09-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.25
\nBid-YTW : 3.66 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 14.90
\nEvaluated at bid price : 14.90
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 22.66
\nEvaluated at bid price : 22.90
\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n2.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 21.90
\nEvaluated at bid price : 22.14
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
BN.PR.N<\/td>\nPerpetual-Discount<\/td>\n3.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 21.31
\nEvaluated at bid price : 21.31
\nBid-YTW : 5.68 %<\/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
BILP.PR.A<\/td>\nFixedReset Prem<\/td>\n112,827<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2031-10-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.31
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n49,375<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.15
\nBid-YTW : 3.22 %<\/td>\n<\/tr>\n
PWF.PR.R<\/td>\nPerpetual-Discount<\/td>\n32,389<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 24.12
\nEvaluated at bid price : 24.37
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Prem<\/td>\n20,842<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-11-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 27.15
\nBid-YTW : 2.88 %<\/td>\n<\/tr>\n
FFH.PR.K<\/td>\nFixedReset Prem<\/td>\n18,050<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.30
\nBid-YTW : 4.46 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n16,628<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 22.49
\nEvaluated at bid price : 22.75
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n
There were 4 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.Z<\/td>\nFixedReset Prem<\/td>\nQuote: 19.00 – 26.01
\nSpot Rate : 7.0100
\nAverage : 3.7442<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 8.47 %<\/td>\n<\/tr>\n

IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\nQuote: 22.81 – 24.05
\nSpot Rate : 1.2400
\nAverage : 0.7830<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 22.39
\nEvaluated at bid price : 22.81
\nBid-YTW : 5.60 %<\/td>\n<\/tr>\n

GWO.PR.S<\/td>\nInsurance Straight<\/td>\nQuote: 23.65 – 24.49
\nSpot Rate : 0.8400
\nAverage : 0.5338<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 23.36
\nEvaluated at bid price : 23.65
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n

ENB.PR.F<\/td>\nFixedReset Disc<\/td>\nQuote: 23.51 – 24.45
\nSpot Rate : 0.9400
\nAverage : 0.7092<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 23.13
\nEvaluated at bid price : 23.51
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n

BN.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 24.61 – 25.35
\nSpot Rate : 0.7400
\nAverage : 0.5135<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 23.15
\nEvaluated at bid price : 24.61
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n

ENB.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 24.21 – 24.87
\nSpot Rate : 0.6600
\nAverage : 0.4519<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-08-31
\nMaturity Price : 22.95
\nEvaluated at bid price : 24.21
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

This post will be delayed a little bit. Sorry! Update, 2026-09-05: 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 …<\/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-52505","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52505","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=52505"}],"version-history":[{"count":2,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52505\/revisions"}],"predecessor-version":[{"id":52529,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52505\/revisions\/52529"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}