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Enbridge Inc. cumulative redeemable preference shares series L (ENB.PF.U $24.30)
- $24.30 P/E (TTM): 23.82X Cap: $108.09B
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Q: With regards to the rate reset spread being, as I read it , 5 yr+ 3.15 % …would that 5yr be a US Treasury or Bank of Cda bond / rate …there is a meaningful difference between the two now…I realize they pay in US$…many thanks

Asked by Cam on February 27, 2025

5i Research Answer:

The rate is the US Government Bond Yield. Here is the description of such in the...

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