{"id":52618,"date":"2026-09-22T20:55:58","date_gmt":"2026-09-23T00:55:58","guid":{"rendered":"https:\/\/prefblog.com\/?p=52618"},"modified":"2026-09-22T20:55:58","modified_gmt":"2026-09-23T00:55:58","slug":"september-22-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=52618","title":{"rendered":"September 22, 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-0.1555 %<\/td>\n2,781.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1555 %<\/td>\n5,237.6<\/td>\n<\/tr>\n
Floater<\/td>\n5.20 %<\/td>\n5.22 %<\/td>\n28,880<\/td>\n15.19<\/td>\n3<\/td>\n-0.1555 %<\/td>\n3,018.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2488 %<\/td>\n3,639.0<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.64 %<\/td>\n4.39 %<\/td>\n52,810<\/td>\n2.52<\/td>\n4<\/td>\n0.2488 %<\/td>\n4,345.7<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2488 %<\/td>\n3,390.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.71 %<\/td>\n5.71 %<\/td>\n66,156<\/td>\n14.05<\/td>\n9<\/td>\n0.2985 %<\/td>\n3,038.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.70 %<\/td>\n5.76 %<\/td>\n40,468<\/td>\n14.17<\/td>\n21<\/td>\n0.1271 %<\/td>\n3,318.6<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.61 %<\/td>\n6.21 %<\/td>\n81,611<\/td>\n13.55<\/td>\n21<\/td>\n0.2237 %<\/td>\n3,397.5<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.58 %<\/td>\n5.59 %<\/td>\n51,650<\/td>\n14.47<\/td>\n19<\/td>\n0.4327 %<\/td>\n3,223.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2237 %<\/td>\n4,148.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.95 %<\/td>\n4.45 %<\/td>\n75,090<\/td>\n2.02<\/td>\n27<\/td>\n-0.0573 %<\/td>\n2,652.3<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2237 %<\/td>\n3,472.9<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.20 %<\/td>\n5.24 %<\/td>\n48,787<\/td>\n1.87<\/td>\n14<\/td>\n0.8016 %<\/td>\n3,282.6<\/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
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-22
\nMaturity Price : 23.02
\nEvaluated at bid price : 24.25
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-22
\nMaturity Price : 20.85
\nEvaluated at bid price : 20.85
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-22
\nMaturity Price : 20.28
\nEvaluated at bid price : 20.28
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-22
\nMaturity Price : 22.03
\nEvaluated at bid price : 22.26
\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n
IFC.PR.M<\/td>\nPerpetual-Premium<\/td>\n1.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-22
\nMaturity Price : 24.55
\nEvaluated at bid price : 24.95
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n2.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-22
\nMaturity Price : 20.35
\nEvaluated at bid price : 20.35
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n2.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-06-20
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.26
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n2.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-22
\nMaturity Price : 23.06
\nEvaluated at bid price : 23.32
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n3.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-06-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.70
\nBid-YTW : 4.32 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n4.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-22
\nMaturity Price : 21.65
\nEvaluated at bid price : 22.00
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n
ENB.PF.G<\/td>\nFixedReset Disc<\/td>\n6.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-22
\nMaturity Price : 23.05
\nEvaluated at bid price : 24.45
\nBid-YTW : 6.22 %<\/td>\n<\/tr>\n<\/table>\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>\n66,400<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-10-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.98
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n61,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-22
\nMaturity Price : 21.88
\nEvaluated at bid price : 22.30
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n50,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-22
\nMaturity Price : 20.78
\nEvaluated at bid price : 20.78
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Prem<\/td>\n28,502<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-02-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.61
\nBid-YTW : 3.31 %<\/td>\n<\/tr>\n
BILP.PR.A<\/td>\nFixedReset Prem<\/td>\n18,000<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2031-10-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.16
\nBid-YTW : 5.61 %<\/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
SLF.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 20.90 – 22.00
\nSpot Rate : 1.1000
\nAverage : 0.8347<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-22
\nMaturity Price : 20.90
\nEvaluated at bid price : 20.90
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n

ENB.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 23.85 – 24.50
\nSpot Rate : 0.6500
\nAverage : 0.4310<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-22
\nMaturity Price : 22.82
\nEvaluated at bid price : 23.85
\nBid-YTW : 6.33 %<\/td>\n<\/tr>\n

BN.PF.G<\/td>\nFixedReset Prem<\/td>\nQuote: 25.37 – 26.10
\nSpot Rate : 0.7300
\nAverage : 0.5411<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2030-07-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.37
\nBid-YTW : 5.22 %<\/td>\n<\/tr>\n

BN.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 24.25 – 26.35
\nSpot Rate : 2.1000
\nAverage : 1.9277<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-22
\nMaturity Price : 23.02
\nEvaluated at bid price : 24.25
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n

GWO.PR.P<\/td>\nInsurance Straight<\/td>\nQuote: 23.75 – 24.50
\nSpot Rate : 0.7500
\nAverage : 0.5852<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-22
\nMaturity Price : 23.48
\nEvaluated at bid price : 23.75
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n

ENB.PF.A<\/td>\nFixedReset Disc<\/td>\nQuote: 24.45 – 25.00
\nSpot Rate : 0.5500
\nAverage : 0.4082<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-09-22
\nMaturity Price : 23.14
\nEvaluated at bid price : 24.45
\nBid-YTW : 6.24 %<\/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-52618","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52618","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=52618"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52618\/revisions"}],"predecessor-version":[{"id":52619,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52618\/revisions\/52619"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}