{"id":52584,"date":"2026-09-14T21:15:00","date_gmt":"2026-09-15T01:15:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=52584"},"modified":"2026-09-14T21:15:00","modified_gmt":"2026-09-15T01:15:00","slug":"september-14-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=52584","title":{"rendered":"September 14, 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>\n0.4656 %<\/td>\n2,803.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4656 %<\/td>\n5,278.4<\/td>\n<\/tr>\n
Floater<\/td>\n5.16 %<\/td>\n5.23 %<\/td>\n32,381<\/td>\n15.04<\/td>\n3<\/td>\n0.4656 %<\/td>\n3,042.0<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2194 %<\/td>\n3,631.4<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.65 %<\/td>\n4.17 %<\/td>\n57,029<\/td>\n2.54<\/td>\n4<\/td>\n0.2194 %<\/td>\n4,336.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2194 %<\/td>\n3,383.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.73 %<\/td>\n5.84 %<\/td>\n72,361<\/td>\n14.03<\/td>\n9<\/td>\n-0.0979 %<\/td>\n3,029.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.69 %<\/td>\n5.80 %<\/td>\n42,896<\/td>\n14.13<\/td>\n21<\/td>\n-0.3169 %<\/td>\n3,323.9<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.64 %<\/td>\n6.21 %<\/td>\n85,527<\/td>\n13.54<\/td>\n21<\/td>\n-1.1521 %<\/td>\n3,374.7<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.58 %<\/td>\n5.61 %<\/td>\n47,961<\/td>\n14.45<\/td>\n19<\/td>\n-0.6776 %<\/td>\n3,226.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.1521 %<\/td>\n4,120.5<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.93 %<\/td>\n4.52 %<\/td>\n78,889<\/td>\n2.04<\/td>\n27<\/td>\n-0.1539 %<\/td>\n2,662.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.1521 %<\/td>\n3,449.6<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.19 %<\/td>\n4.99 %<\/td>\n51,142<\/td>\n2.55<\/td>\n14<\/td>\n-0.3086 %<\/td>\n3,286.2<\/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 Disc<\/td>\n-22.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 8.39 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-6.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 21.20
\nEvaluated at bid price : 21.20
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n-5.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 19.15
\nEvaluated at bid price : 19.15
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n-4.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 20.10
\nEvaluated at bid price : 20.10
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n-2.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 21.75
\nEvaluated at bid price : 22.00
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n-2.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n
NA.PR.K<\/td>\nFixedReset Prem<\/td>\n-1.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-05-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 28.15
\nBid-YTW : 3.03 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n-1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 23.41
\nEvaluated at bid price : 23.70
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n-1.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 20.77
\nEvaluated at bid price : 20.77
\nBid-YTW : 5.38 %<\/td>\n<\/tr>\n
GWO.PF.A<\/td>\nPerpetual-Premium<\/td>\n-1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 24.27
\nEvaluated at bid price : 24.65
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
FTS.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 22.12
\nEvaluated at bid price : 22.40
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 20.10
\nEvaluated at bid price : 20.10
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
BN.PR.K<\/td>\nFloater<\/td>\n-1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 14.71
\nEvaluated at bid price : 14.71
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n-1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 21.49
\nEvaluated at bid price : 21.75
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
ENB.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 23.28
\nEvaluated at bid price : 24.60
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 20.20
\nEvaluated at bid price : 20.20
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 20.85
\nEvaluated at bid price : 20.85
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 22.02
\nEvaluated at bid price : 22.52
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n1.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-06-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.70
\nBid-YTW : 4.26 %<\/td>\n<\/tr>\n
BN.PF.D<\/td>\nPerpetual-Discount<\/td>\n1.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 21.46
\nEvaluated at bid price : 21.46
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n2.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 15.40
\nEvaluated at bid price : 15.40
\nBid-YTW : 5.12 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n3.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2030-04-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.00
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n7.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 21.13
\nEvaluated at bid price : 21.13
\nBid-YTW : 5.67 %<\/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
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n233,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 24.31
\nEvaluated at bid price : 25.13
\nBid-YTW : 6.30 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n51,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 20.85
\nEvaluated at bid price : 20.85
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
BN.PF.B<\/td>\nFixedReset Prem<\/td>\n51,100<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-04-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.77
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
BILP.PR.A<\/td>\nFixedReset Prem<\/td>\n47,300<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2031-10-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.24
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Prem<\/td>\n41,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2030-07-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.51
\nBid-YTW : 5.44 %<\/td>\n<\/tr>\n
BN.PF.F<\/td>\nFixedReset Prem<\/td>\n32,200<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-10-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.75
\nBid-YTW : 5.22 %<\/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 Disc<\/td>\nQuote: 20.00 – 26.05
\nSpot Rate : 6.0500
\nAverage : 3.8489<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 8.39 %<\/td>\n<\/tr>\n

CM.PR.S<\/td>\nFixedReset Prem<\/td>\nQuote: 25.90 – 26.90
\nSpot Rate : 1.0000
\nAverage : 0.5668<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.90
\nBid-YTW : 3.74 %<\/td>\n<\/tr>\n

CU.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.15 – 20.33
\nSpot Rate : 1.1800
\nAverage : 0.7614<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 19.15
\nEvaluated at bid price : 19.15
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n

MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\nQuote: 21.20 – 22.86
\nSpot Rate : 1.6600
\nAverage : 1.2710<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 21.20
\nEvaluated at bid price : 21.20
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n

GWO.PR.R<\/td>\nInsurance Straight<\/td>\nQuote: 21.11 – 21.95
\nSpot Rate : 0.8400
\nAverage : 0.5615<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 21.11
\nEvaluated at bid price : 21.11
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n

GWO.PR.P<\/td>\nInsurance Straight<\/td>\nQuote: 23.70 – 24.60
\nSpot Rate : 0.9000
\nAverage : 0.6617<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-14
\nMaturity Price : 23.41
\nEvaluated at bid price : 23.70
\nBid-YTW : 5.70 %<\/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-52584","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52584","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=52584"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52584\/revisions"}],"predecessor-version":[{"id":52585,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52584\/revisions\/52585"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}