Another new 52-week high for the TXPR price index today, with today’s high of 658.61 outpacing the previous mark of 656.95 set … um … yesterday. On a roll!
HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
|||||||
Index | Mean Current Yield (at bid) |
Median YTW |
Median Average Trading Value |
Median Mod Dur (YTW) |
Issues | Day’s Perf. | Index Value |
Ratchet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2808 % | 2,291.5 |
FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2808 % | 4,460.8 |
Floater | 6.97 % | 6.98 % | 57,832 | 12.61 | 2 | -0.2808 % | 2,570.8 |
OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0049 % | 3,653.4 |
SplitShare | 4.79 % | 4.49 % | 64,692 | 2.51 | 8 | -0.0049 % | 4,363.0 |
Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0049 % | 3,404.2 |
Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2428 % | 2,967.2 |
Perpetual-Discount | 5.79 % | 5.92 % | 43,500 | 13.98 | 33 | 0.2428 % | 3,235.6 |
FixedReset Disc | 5.57 % | 6.14 % | 112,660 | 13.11 | 46 | 0.0117 % | 2,919.2 |
Insurance Straight | 5.74 % | 5.80 % | 50,692 | 14.24 | 20 | 0.6257 % | 3,154.2 |
FloatingReset | 5.64 % | 5.71 % | 39,311 | 14.32 | 3 | 0.3502 % | 3,653.4 |
FixedReset Prem | 6.04 % | 5.03 % | 114,667 | 3.03 | 12 | 0.0128 % | 2,624.6 |
FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0117 % | 2,984.0 |
FixedReset Ins Non | 5.11 % | 5.64 % | 67,136 | 14.36 | 14 | -0.0760 % | 3,018.0 |
Performance Highlights | |||
Issue | Index | Change | Notes |
BN.PR.R | FixedReset Disc | -6.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-26 Maturity Price : 17.84 Evaluated at bid price : 17.84 Bid-YTW : 7.03 % |
CU.PR.J | Perpetual-Discount | -2.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-26 Maturity Price : 20.11 Evaluated at bid price : 20.11 Bid-YTW : 5.98 % |
ENB.PR.H | FixedReset Disc | -1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-26 Maturity Price : 20.90 Evaluated at bid price : 20.90 Bid-YTW : 6.29 % |
BN.PR.B | Floater | -1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-26 Maturity Price : 12.36 Evaluated at bid price : 12.36 Bid-YTW : 7.06 % |
ENB.PR.A | Perpetual-Discount | 1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-26 Maturity Price : 23.19 Evaluated at bid price : 23.49 Bid-YTW : 5.91 % |
SLF.PR.J | FloatingReset | 1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-26 Maturity Price : 17.30 Evaluated at bid price : 17.30 Bid-YTW : 5.95 % |
IFC.PR.F | Insurance Straight | 1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-26 Maturity Price : 23.32 Evaluated at bid price : 23.58 Bid-YTW : 5.64 % |
SLF.PR.E | Insurance Straight | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-26 Maturity Price : 20.26 Evaluated at bid price : 20.26 Bid-YTW : 5.59 % |
ENB.PR.B | FixedReset Disc | 1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-26 Maturity Price : 19.26 Evaluated at bid price : 19.26 Bid-YTW : 6.87 % |
CU.PR.C | FixedReset Disc | 1.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-26 Maturity Price : 22.52 Evaluated at bid price : 22.85 Bid-YTW : 5.76 % |
IFC.PR.I | Insurance Straight | 2.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-26 Maturity Price : 23.32 Evaluated at bid price : 23.59 Bid-YTW : 5.74 % |
CU.PR.F | Perpetual-Discount | 2.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-26 Maturity Price : 19.32 Evaluated at bid price : 19.32 Bid-YTW : 5.89 % |
GWO.PR.T | Insurance Straight | 6.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-26 Maturity Price : 21.59 Evaluated at bid price : 21.90 Bid-YTW : 5.90 % |
Volume Highlights | |||
Issue | Index | Shares Traded |
Notes |
CM.PR.Q | FixedReset Disc | 120,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-07-31 Maturity Price : 25.00 Evaluated at bid price : 25.08 Bid-YTW : 4.90 % |
IFC.PR.A | FixedReset Ins Non | 102,577 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-26 Maturity Price : 21.51 Evaluated at bid price : 21.51 Bid-YTW : 5.36 % |
FTS.PR.G | FixedReset Disc | 33,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-26 Maturity Price : 22.35 Evaluated at bid price : 22.89 Bid-YTW : 5.70 % |
MFC.PR.C | Insurance Straight | 23,202 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-26 Maturity Price : 19.95 Evaluated at bid price : 19.95 Bid-YTW : 5.69 % |
BN.PR.T | FixedReset Disc | 20,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-26 Maturity Price : 18.88 Evaluated at bid price : 18.88 Bid-YTW : 6.63 % |
BN.PR.Z | FixedReset Disc | 20,090 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-26 Maturity Price : 22.40 Evaluated at bid price : 22.85 Bid-YTW : 6.40 % |
There were 2 other index-included issues trading in excess of 10,000 shares. |
Wide Spread Highlights | ||
See TMX DataLinx: ‘Last’ != ‘Close’ and the posts linked therein for an idea of why these quotes are so horrible. | ||
Issue | Index | Quote Data and Yield Notes |
BN.PR.R | FixedReset Disc | Quote: 17.84 – 19.25 Spot Rate : 1.4100 Average : 0.9165 YTW SCENARIO |
CU.PR.E | Perpetual-Discount | Quote: 21.16 – 23.54 Spot Rate : 2.3800 Average : 1.9109 YTW SCENARIO |
CU.PR.C | FixedReset Disc | Quote: 22.85 – 25.37 Spot Rate : 2.5200 Average : 2.1582 YTW SCENARIO |
MFC.PR.L | FixedReset Ins Non | Quote: 23.68 – 24.99 Spot Rate : 1.3100 Average : 1.0021 YTW SCENARIO |
GWO.PR.L | Insurance Straight | Quote: 24.10 – 25.00 Spot Rate : 0.9000 Average : 0.6138 YTW SCENARIO |
PVS.PR.K | SplitShare | Quote: 25.05 – 26.05 Spot Rate : 1.0000 Average : 0.7636 YTW SCENARIO |