{"id":52738,"date":"2026-10-20T20:16:36","date_gmt":"2026-10-21T00:16:36","guid":{"rendered":"https:\/\/prefblog.com\/?p=52738"},"modified":"2026-10-20T20:16:36","modified_gmt":"2026-10-21T00:16:36","slug":"october-20-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=52738","title":{"rendered":"October 20, 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>\n0.0340 %<\/td>\n2,774.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0340 %<\/td>\n5,224.7<\/td>\n<\/tr>\n
Floater<\/td>\n5.29 %<\/td>\n5.34 %<\/td>\n50,991<\/td>\n14.94<\/td>\n2<\/td>\n0.0340 %<\/td>\n3,011.0<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1683 %<\/td>\n3,613.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.80 %<\/td>\n5.32 %<\/td>\n56,437<\/td>\n2.44<\/td>\n5<\/td>\n0.1683 %<\/td>\n4,315.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1683 %<\/td>\n3,366.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3409 %<\/td>\n3,044.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.75 %<\/td>\n5.78 %<\/td>\n51,595<\/td>\n14.15<\/td>\n32<\/td>\n0.3409 %<\/td>\n3,275.6<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.72 %<\/td>\n6.29 %<\/td>\n84,475<\/td>\n13.22<\/td>\n24<\/td>\n-0.1435 %<\/td>\n3,356.6<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.68 %<\/td>\n5.72 %<\/td>\n72,606<\/td>\n14.29<\/td>\n19<\/td>\n0.2471 %<\/td>\n3,171.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1435 %<\/td>\n4,098.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.01 %<\/td>\n4.71 %<\/td>\n81,948<\/td>\n1.94<\/td>\n24<\/td>\n-0.0827 %<\/td>\n2,626.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1435 %<\/td>\n3,431.1<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.56 %<\/td>\n5.56 %<\/td>\n50,661<\/td>\n3.09<\/td>\n13<\/td>\n0.1934 %<\/td>\n3,277.6<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n-2.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 22.43
\nEvaluated at bid price : 22.69
\nBid-YTW : 5.78 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 22.92
\nEvaluated at bid price : 24.00
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n-1.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 20.72
\nEvaluated at bid price : 20.72
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n-1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 21.44
\nEvaluated at bid price : 21.70
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
BN.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 22.50
\nEvaluated at bid price : 23.45
\nBid-YTW : 6.33 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 21.15
\nEvaluated at bid price : 21.15
\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n
FTS.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 22.08
\nEvaluated at bid price : 22.36
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 20.47
\nEvaluated at bid price : 20.47
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 22.93
\nEvaluated at bid price : 23.20
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 23.30
\nEvaluated at bid price : 23.80
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
PVS.PR.M<\/td>\nSplitShare<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2031-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.02
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
NA.PR.C<\/td>\nFixedReset Prem<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-11-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.82
\nBid-YTW : 3.44 %<\/td>\n<\/tr>\n
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 22.21
\nEvaluated at bid price : 22.48
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n1.58 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 23.52
\nEvaluated at bid price : 23.79
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.35
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
CU.PR.K<\/td>\nPerpetual-Discount<\/td>\n1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 24.22
\nEvaluated at bid price : 24.61
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n1.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 20.84
\nEvaluated at bid price : 20.84
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
POW.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.86 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 24.34
\nEvaluated at bid price : 24.65
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n2.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.78
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n2.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 22.53
\nEvaluated at bid price : 22.78
\nBid-YTW : 5.70 %<\/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
PVS.PR.N<\/td>\nSplitShare<\/td>\n39,946<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2033-09-29
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.91
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n
BILP.PR.A<\/td>\nFixedReset Prem<\/td>\n28,700<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2031-10-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.08
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n25,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 20.32
\nEvaluated at bid price : 20.32
\nBid-YTW : 5.53 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n17,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 23.39
\nEvaluated at bid price : 24.70
\nBid-YTW : 5.78 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n15,285<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 22.53
\nEvaluated at bid price : 22.78
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset Prem<\/td>\n13,790<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.40
\nBid-YTW : 4.47 %<\/td>\n<\/tr>\n
There were 1 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
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.00 – 21.20
\nSpot Rate : 2.2000
\nAverage : 1.8765<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n

NA.PR.S<\/td>\nFixedReset Prem<\/td>\nQuote: 25.80 – 26.40
\nSpot Rate : 0.6000
\nAverage : 0.3540<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-05-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.80
\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n

GWO.PR.G<\/td>\nInsurance Straight<\/td>\nQuote: 22.69 – 24.00
\nSpot Rate : 1.3100
\nAverage : 1.0944<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 22.43
\nEvaluated at bid price : 22.69
\nBid-YTW : 5.78 %<\/td>\n<\/tr>\n

BN.PR.B<\/td>\nFloater<\/td>\nQuote: 14.74 – 15.27
\nSpot Rate : 0.5300
\nAverage : 0.3160<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 14.74
\nEvaluated at bid price : 14.74
\nBid-YTW : 5.34 %<\/td>\n<\/tr>\n

GWO.PR.Y<\/td>\nInsurance Straight<\/td>\nQuote: 19.65 – 20.35
\nSpot Rate : 0.7000
\nAverage : 0.4867<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 19.65
\nEvaluated at bid price : 19.65
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n

SLF.PR.D<\/td>\nInsurance Straight<\/td>\nQuote: 20.29 – 21.07
\nSpot Rate : 0.7800
\nAverage : 0.5962<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-20
\nMaturity Price : 20.29
\nEvaluated at bid price : 20.29
\nBid-YTW : 5.54 %<\/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-52738","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52738","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=52738"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52738\/revisions"}],"predecessor-version":[{"id":52739,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52738\/revisions\/52739"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}