{"id":52793,"date":"2026-11-03T19:54:03","date_gmt":"2026-11-04T00:54:03","guid":{"rendered":"https:\/\/prefblog.com\/?p=52793"},"modified":"2026-11-03T19:54:03","modified_gmt":"2026-11-04T00:54:03","slug":"november-3-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=52793","title":{"rendered":"November 3, 2026"},"content":{"rendered":"<p>Well, let&#8217;s see how the US Midterms turn out &#8230;<\/p>\n<table border='1'>\n<tr>\n<td colspan='8'><strong>HIMIPref&trade; Preferred Indices<br \/>These values reflect the December 2008 revision of the HIMIPref&trade; Indices<\/strong><br \/>Values are provisional and are finalized monthly<\/td>\n<\/tr>\n<tr>\n<td>Index<\/td>\n<td>Mean<br \/>Current<br \/>Yield<br \/>(at bid)<\/td>\n<td>Median<br \/>YTW<\/td>\n<td>Median<br \/>Average<br \/>Trading<br \/>Value<\/td>\n<td>Median<br \/>Mod Dur<br \/>(YTW)<\/td>\n<td>Issues<\/td>\n<td>Day&#8217;s Perf.<\/td>\n<td>Index Value<\/td>\n<\/tr>\n<tr>\n<td>Ratchet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.0000 %<\/td>\n<td>2,760.3<\/td>\n<\/tr>\n<tr>\n<td>FixedFloater<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.0000 %<\/td>\n<td>5,198.1<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>5.61 %<\/td>\n<td>5.69 %<\/td>\n<td>47,729<\/td>\n<td>14.35<\/td>\n<td>1<\/td>\n<td>0.0000 %<\/td>\n<td>2,995.7<\/td>\n<\/tr>\n<tr>\n<td>OpRet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.0066 %<\/td>\n<td>3,622.2<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.90 %<\/td>\n<td>5.36 %<\/td>\n<td>56,990<\/td>\n<td>3.26<\/td>\n<td>6<\/td>\n<td>0.0066 %<\/td>\n<td>4,325.6<\/td>\n<\/tr>\n<tr>\n<td>Interest-Bearing<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.0066 %<\/td>\n<td>3,375.0<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.86 %<\/td>\n<td>5.91 %<\/td>\n<td>44,358<\/td>\n<td>14.01<\/td>\n<td>1<\/td>\n<td>-1.7077 %<\/td>\n<td>2,995.7<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.74 %<\/td>\n<td>5.82 %<\/td>\n<td>46,079<\/td>\n<td>14.13<\/td>\n<td>33<\/td>\n<td>0.1328 %<\/td>\n<td>3,283.8<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Disc<\/td>\n<td>5.75 %<\/td>\n<td>6.24 %<\/td>\n<td>90,690<\/td>\n<td>13.35<\/td>\n<td>22<\/td>\n<td>-0.5372 %<\/td>\n<td>3,326.4<\/td>\n<\/tr>\n<tr>\n<td>Insurance Straight<\/td>\n<td>5.68 %<\/td>\n<td>5.78 %<\/td>\n<td>57,207<\/td>\n<td>14.20<\/td>\n<td>20<\/td>\n<td>-0.0023 %<\/td>\n<td>3,169.5<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.5372 %<\/td>\n<td>4,061.6<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Prem<\/td>\n<td>6.00 %<\/td>\n<td>5.17 %<\/td>\n<td>73,668<\/td>\n<td>2.16<\/td>\n<td>28<\/td>\n<td>0.0239 %<\/td>\n<td>2,608.7<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Bank Non<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.5372 %<\/td>\n<td>3,400.3<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Ins Non<\/td>\n<td>5.64 %<\/td>\n<td>5.74 %<\/td>\n<td>46,626<\/td>\n<td>14.02<\/td>\n<td>13<\/td>\n<td>-0.0129 %<\/td>\n<td>3,227.6<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='4'><strong>Performance Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Change<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>BN.PR.T<\/td>\n<td>FixedReset Disc<\/td>\n<td>-11.89 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 20.00<br \/>\nEvaluated at bid price : 20.00<br \/>\nBid-YTW : 7.27 %<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.J<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-4.09 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 21.10<br \/>\nEvaluated at bid price : 21.10<br \/>\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.C<\/td>\n<td>Perpetual-Premium<\/td>\n<td>-1.71 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 24.50<br \/>\nEvaluated at bid price : 24.75<br \/>\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.L<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.54 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 21.40<br \/>\nEvaluated at bid price : 21.67<br \/>\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.R<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.27 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 23.03<br \/>\nEvaluated at bid price : 23.30<br \/>\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n<tr>\n<td>POW.PR.H<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.20 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 24.40<br \/>\nEvaluated at bid price : 24.80<br \/>\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.H<\/td>\n<td>Insurance Straight<\/td>\n<td>1.14 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 21.24<br \/>\nEvaluated at bid price : 21.24<br \/>\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.S<\/td>\n<td>Perpetual-Discount<\/td>\n<td>2.22 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 20.70<br \/>\nEvaluated at bid price : 20.70<br \/>\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.F<\/td>\n<td>Perpetual-Discount<\/td>\n<td>2.46 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 20.80<br \/>\nEvaluated at bid price : 20.80<br \/>\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.D<\/td>\n<td>Perpetual-Discount<\/td>\n<td>9.25 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 22.55<br \/>\nEvaluated at bid price : 22.80<br \/>\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='4'><strong>Volume Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Shares<br \/>Traded<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>PVS.PR.N<\/td>\n<td>SplitShare<\/td>\n<td>47,137<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2033-09-29<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.01<br \/>\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PF.N<\/td>\n<td>FixedReset Disc<\/td>\n<td>29,797<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2032-01-01<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.91<br \/>\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.H<\/td>\n<td>FixedReset Disc<\/td>\n<td>27,135<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 20.45<br \/>\nEvaluated at bid price : 20.45<br \/>\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.M<\/td>\n<td>FixedReset Prem<\/td>\n<td>17,500<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2029-12-01<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.29<br \/>\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.P<\/td>\n<td>FixedReset Disc<\/td>\n<td>15,306<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 20.94<br \/>\nEvaluated at bid price : 20.94<br \/>\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n<tr>\n<td>BN.PF.A<\/td>\n<td>FixedReset Prem<\/td>\n<td>14,240<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 23.73<br \/>\nEvaluated at bid price : 25.34<br \/>\nBid-YTW : 6.37 %<\/td>\n<\/tr>\n<tr>\n<td colspan='4'>There were 5 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='3'><strong>Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan='3'>See <a href='https:\/\/prefblog.com\/?p=13456'>TMX DataLinx: &#8216;Last&#8217; != &#8216;Close&#8217;<\/a> and the posts linked therein for an idea of why these quotes are so horrible.<\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Quote Data and Yield Notes<\/td>\n<\/tr>\n<tr>\n<td>BN.PR.T<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 20.00 &#8211; 23.70<br \/>\nSpot Rate  :  3.7000<br \/>\nAverage  :  2.8538<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 20.00<br \/>\nEvaluated at bid price : 20.00<br \/>\nBid-YTW : 7.27 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.S<\/td>\n<td>Insurance Straight<\/td>\n<td>Quote: 22.60 &#8211; 24.90<br \/>\nSpot Rate  :  2.3000<br \/>\nAverage  :  1.8344<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 22.33<br \/>\nEvaluated at bid price : 22.60<br \/>\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.J<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 21.10 &#8211; 22.65<br \/>\nSpot Rate  :  1.5500<br \/>\nAverage  :  1.1160<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 21.10<br \/>\nEvaluated at bid price : 21.10<br \/>\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.T<\/td>\n<td>Insurance Straight<\/td>\n<td>Quote: 22.45 &#8211; 23.50<br \/>\nSpot Rate  :  1.0500<br \/>\nAverage  :  0.6682<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 22.17<br \/>\nEvaluated at bid price : 22.45<br \/>\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.K<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 24.65 &#8211; 25.92<br \/>\nSpot Rate  :  1.2700<br \/>\nAverage  :  0.9163<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 24.26<br \/>\nEvaluated at bid price : 24.65<br \/>\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.Q<\/td>\n<td>Insurance Straight<\/td>\n<td>Quote: 22.42 &#8211; 23.70<br \/>\nSpot Rate  :  1.2800<br \/>\nAverage  :  1.0289<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2056-11-03<br \/>\nMaturity Price  : 22.14<br \/>\nEvaluated at bid price : 22.42<br \/>\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Well, let&#8217;s see how the US Midterms turn out &#8230; HIMIPref&trade; Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref&trade; IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod &hellip;<\/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-52793","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52793","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=52793"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52793\/revisions"}],"predecessor-version":[{"id":52794,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52793\/revisions\/52794"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}