{"id":52614,"date":"2026-09-21T20:39:18","date_gmt":"2026-09-22T00:39:18","guid":{"rendered":"https:\/\/prefblog.com\/?p=52614"},"modified":"2026-09-21T20:39:18","modified_gmt":"2026-09-22T00:39:18","slug":"september-21-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=52614","title":{"rendered":"September 21, 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-1.1633 %<\/td>\n2,785.6<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.1633 %<\/td>\n5,245.8<\/td>\n<\/tr>\n
Floater<\/td>\n5.19 %<\/td>\n5.19 %<\/td>\n30,046<\/td>\n15.23<\/td>\n3<\/td>\n-1.1633 %<\/td>\n3,023.2<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0100 %<\/td>\n3,629.9<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.65 %<\/td>\n4.53 %<\/td>\n53,377<\/td>\n2.52<\/td>\n4<\/td>\n0.0100 %<\/td>\n4,334.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0100 %<\/td>\n3,382.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.73 %<\/td>\n5.77 %<\/td>\n67,018<\/td>\n14.05<\/td>\n9<\/td>\n-0.0223 %<\/td>\n3,029.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.71 %<\/td>\n5.79 %<\/td>\n41,516<\/td>\n14.13<\/td>\n21<\/td>\n-0.1871 %<\/td>\n3,314.4<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.62 %<\/td>\n6.19 %<\/td>\n78,977<\/td>\n13.57<\/td>\n21<\/td>\n0.0320 %<\/td>\n3,389.9<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.61 %<\/td>\n5.66 %<\/td>\n51,294<\/td>\n14.42<\/td>\n19<\/td>\n-0.1087 %<\/td>\n3,209.5<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0320 %<\/td>\n4,139.1<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.95 %<\/td>\n4.39 %<\/td>\n76,245<\/td>\n2.02<\/td>\n27<\/td>\n0.0401 %<\/td>\n2,653.8<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0320 %<\/td>\n3,465.2<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.24 %<\/td>\n5.56 %<\/td>\n55,130<\/td>\n2.95<\/td>\n14<\/td>\n-0.5364 %<\/td>\n3,256.5<\/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
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-5.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-21
\nMaturity Price : 21.10
\nEvaluated at bid price : 21.10
\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n
ENB.PF.G<\/td>\nFixedReset Disc<\/td>\n-5.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-21
\nMaturity Price : 22.37
\nEvaluated at bid price : 23.05
\nBid-YTW : 6.63 %<\/td>\n<\/tr>\n
BN.PR.K<\/td>\nFloater<\/td>\n-3.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-21
\nMaturity Price : 14.51
\nEvaluated at bid price : 14.51
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n-3.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-21
\nMaturity Price : 22.91
\nEvaluated at bid price : 24.00
\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n-2.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-21
\nMaturity Price : 22.39
\nEvaluated at bid price : 22.65
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n-1.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-21
\nMaturity Price : 21.67
\nEvaluated at bid price : 21.92
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-21
\nMaturity Price : 22.40
\nEvaluated at bid price : 22.66
\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-21
\nMaturity Price : 23.59
\nEvaluated at bid price : 24.84
\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-21
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-21
\nMaturity Price : 23.43
\nEvaluated at bid price : 24.86
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
BN.PR.T<\/td>\nFixedReset Disc<\/td>\n4.95 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-21
\nMaturity Price : 23.19
\nEvaluated at bid price : 23.95
\nBid-YTW : 6.04 %<\/td>\n<\/tr>\n<\/table>\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
NA.PR.G<\/td>\nFixedReset Prem<\/td>\n91,100<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-11-16
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.50
\nBid-YTW : 4.47 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Prem<\/td>\n39,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-11-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.75
\nBid-YTW : 3.71 %<\/td>\n<\/tr>\n
BILP.PR.A<\/td>\nFixedReset Prem<\/td>\n28,400<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2031-10-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.15
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n25,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-10-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.98
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
There were 0 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.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 24.00 – 26.35
\nSpot Rate : 2.3500
\nAverage : 1.7388<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-21
\nMaturity Price : 22.91
\nEvaluated at bid price : 24.00
\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n

ENB.PF.G<\/td>\nFixedReset Disc<\/td>\nQuote: 23.05 – 24.59
\nSpot Rate : 1.5400
\nAverage : 1.0639<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-21
\nMaturity Price : 22.37
\nEvaluated at bid price : 23.05
\nBid-YTW : 6.63 %<\/td>\n<\/tr>\n

IFC.PR.E<\/td>\nInsurance Straight<\/td>\nQuote: 22.65 – 23.65
\nSpot Rate : 1.0000
\nAverage : 0.5900<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-21
\nMaturity Price : 22.39
\nEvaluated at bid price : 22.65
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n

GWO.PR.S<\/td>\nInsurance Straight<\/td>\nQuote: 22.66 – 23.90
\nSpot Rate : 1.2400
\nAverage : 0.8508<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-21
\nMaturity Price : 22.40
\nEvaluated at bid price : 22.66
\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n

BN.PR.K<\/td>\nFloater<\/td>\nQuote: 14.51 – 15.39
\nSpot Rate : 0.8800
\nAverage : 0.5451<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-21
\nMaturity Price : 14.51
\nEvaluated at bid price : 14.51
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n

PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.92 – 22.76
\nSpot Rate : 0.8400
\nAverage : 0.5546<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-21
\nMaturity Price : 21.67
\nEvaluated at bid price : 21.92
\nBid-YTW : 5.90 %<\/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-52614","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52614","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=52614"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52614\/revisions"}],"predecessor-version":[{"id":52615,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52614\/revisions\/52615"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}