{"id":52662,"date":"2026-10-06T21:20:04","date_gmt":"2026-10-07T01:20:04","guid":{"rendered":"https:\/\/prefblog.com\/?p=52662"},"modified":"2026-10-06T21:20:04","modified_gmt":"2026-10-07T01:20:04","slug":"october-6-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=52662","title":{"rendered":"October 6, 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>\n0.1019 %<\/td>\n2,777.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1019 %<\/td>\n5,230.1<\/td>\n<\/tr>\n
Floater<\/td>\n5.28 %<\/td>\n5.32 %<\/td>\n29,294<\/td>\n14.99<\/td>\n2<\/td>\n0.1019 %<\/td>\n3,014.1<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0100 %<\/td>\n3,616.9<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.67 %<\/td>\n4.87 %<\/td>\n46,343<\/td>\n1.34<\/td>\n4<\/td>\n-0.0100 %<\/td>\n4,319.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0100 %<\/td>\n3,370.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5719 %<\/td>\n2,974.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.88 %<\/td>\n5.97 %<\/td>\n47,663<\/td>\n13.90<\/td>\n32<\/td>\n0.5719 %<\/td>\n3,200.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.75 %<\/td>\n6.34 %<\/td>\n88,166<\/td>\n13.24<\/td>\n24<\/td>\n-0.1127 %<\/td>\n3,335.5<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.80 %<\/td>\n5.86 %<\/td>\n67,935<\/td>\n14.11<\/td>\n19<\/td>\n0.4078 %<\/td>\n3,101.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1127 %<\/td>\n4,072.6<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.00 %<\/td>\n4.78 %<\/td>\n79,423<\/td>\n1.98<\/td>\n24<\/td>\n0.0486 %<\/td>\n2,628.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1127 %<\/td>\n3,409.5<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.65 %<\/td>\n5.78 %<\/td>\n52,069<\/td>\n13.83<\/td>\n13<\/td>\n0.1320 %<\/td>\n3,225.4<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n-3.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 23.49
\nEvaluated at bid price : 24.57
\nBid-YTW : 6.30 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-3.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 22.06
\nEvaluated at bid price : 22.70
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Disc<\/td>\n-2.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 23.03
\nEvaluated at bid price : 24.35
\nBid-YTW : 6.45 %<\/td>\n<\/tr>\n
ENB.PF.G<\/td>\nFixedReset Disc<\/td>\n-1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 22.44
\nEvaluated at bid price : 23.15
\nBid-YTW : 6.70 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 21.21
\nEvaluated at bid price : 21.21
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 22.96
\nEvaluated at bid price : 24.10
\nBid-YTW : 6.19 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 20.01
\nEvaluated at bid price : 20.01
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n
ENB.PR.A<\/td>\nPerpetual-Discount<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 23.91
\nEvaluated at bid price : 24.15
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 22.82
\nEvaluated at bid price : 23.10
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
FTS.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 21.30
\nEvaluated at bid price : 21.30
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 21.51
\nEvaluated at bid price : 21.77
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-06-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.80
\nBid-YTW : 4.17 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nInsurance Straight<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 20.56
\nEvaluated at bid price : 20.56
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 19.25
\nEvaluated at bid price : 19.25
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n
GWO.PR.Z<\/td>\nInsurance Straight<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 24.11
\nEvaluated at bid price : 24.50
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n
NA.PR.C<\/td>\nFixedReset Prem<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-11-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.18
\nBid-YTW : 2.02 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n1.95 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 22.80
\nEvaluated at bid price : 23.47
\nBid-YTW : 6.46 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Prem<\/td>\n3.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.45
\nBid-YTW : 4.17 %<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n5.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 21.81
\nEvaluated at bid price : 22.05
\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n6.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 23.69
\nEvaluated at bid price : 25.27
\nBid-YTW : 5.85 %<\/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
CM.PR.S<\/td>\nFixedReset Prem<\/td>\n139,142<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.45
\nBid-YTW : 4.17 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n130,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 23.20
\nEvaluated at bid price : 24.40
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Prem<\/td>\n82,600<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-06-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.15
\nBid-YTW : 5.09 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Prem<\/td>\n72,745<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-11-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.66
\nBid-YTW : 3.95 %<\/td>\n<\/tr>\n
BN.PF.B<\/td>\nFixedReset Disc<\/td>\n50,822<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-04-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.16
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n41,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 23.49
\nEvaluated at bid price : 24.57
\nBid-YTW : 6.30 %<\/td>\n<\/tr>\n
There were 20 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
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\nQuote: 22.70 – 24.35
\nSpot Rate : 1.6500
\nAverage : 1.0334<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 22.06
\nEvaluated at bid price : 22.70
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n

PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.10 – 22.36
\nSpot Rate : 1.2600
\nAverage : 0.7833<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 21.10
\nEvaluated at bid price : 21.10
\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n

FTS.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.30 – 22.70
\nSpot Rate : 1.4000
\nAverage : 0.9686<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 21.30
\nEvaluated at bid price : 21.30
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n

CU.PR.E<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.81 – 21.83
\nSpot Rate : 1.0200
\nAverage : 0.6043<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 20.81
\nEvaluated at bid price : 20.81
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n

POW.PR.A<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.35 – 24.76
\nSpot Rate : 1.4100
\nAverage : 1.0342<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 23.09
\nEvaluated at bid price : 23.35
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n

PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.35 – 21.35
\nSpot Rate : 1.0000
\nAverage : 0.6934<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-06
\nMaturity Price : 20.35
\nEvaluated at bid price : 20.35
\nBid-YTW : 6.02 %<\/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-52662","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52662","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=52662"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52662\/revisions"}],"predecessor-version":[{"id":52663,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52662\/revisions\/52663"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}