Click for Big
TXPR closed at 622.57, down 0.09% on the day. Volume was 3.40-million, exceeded only by February 13 and January 18 in the past thirty days.
CPD closed at 12.49, up 0.32% on the day. Volume of 139,785 was more or less average in the context of the past thirty days.
ZPR closed at 10.09, down 0.10% on the day. Volume of 180,073 was average in the context of the past thirty days.
Getting there was all the fun though, with a roller-coaster day. The day’s low for TXPR was 617.27, down 0.99% from yesterday’s close, which it reached at 12:50pm. It then rose fairly steadily to 621.00 at 4:00pm, still down 0.34% on the day, but then (I think; I confess that a lot of the intricacies of Exchange calculations are not a major interest of mine) hit lots of MOC orders, although most were small. The reported close was, as mentioned before, 622.57, down 0.09% on the day.
Click for Big
Five-year Canada yields eased off, down 6bp to 1.79% today.
| 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 | -1.0630 % | 2,210.4 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.0630 % | 4,056.0 |
| Floater | 5.31 % | 5.56 % | 29,562 | 14.51 | 4 | -1.0630 % | 2,337.5 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0299 % | 3,233.8 |
| SplitShare | 4.89 % | 4.93 % | 60,013 | 3.95 | 8 | 0.0299 % | 3,861.8 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0299 % | 3,013.1 |
| Perpetual-Premium | 5.87 % | 3.11 % | 85,983 | 0.08 | 4 | -0.2085 % | 2,881.7 |
| Perpetual-Discount | 5.61 % | 5.78 % | 77,130 | 14.19 | 31 | -0.4939 % | 2,966.2 |
| FixedReset Disc | 5.21 % | 5.50 % | 223,952 | 14.69 | 65 | -0.5698 % | 2,177.1 |
| Deemed-Retractible | 5.37 % | 6.24 % | 99,865 | 8.12 | 27 | -0.4249 % | 2,955.9 |
| FloatingReset | 4.41 % | 5.86 % | 62,296 | 8.44 | 6 | -1.4197 % | 2,390.3 |
| FixedReset Prem | 5.16 % | 4.33 % | 309,611 | 2.27 | 18 | -0.1419 % | 2,523.8 |
| FixedReset Bank Non | 2.79 % | 4.33 % | 169,469 | 2.84 | 5 | 0.0083 % | 2,597.3 |
| FixedReset Ins Non | 5.09 % | 7.08 % | 132,708 | 8.21 | 22 | -0.7617 % | 2,186.6 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| MFC.PR.J | FixedReset Ins Non | -4.05 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 20.15 Bid-YTW : 7.29 % |
| PWF.PR.Q | FloatingReset | -3.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 14.05 Evaluated at bid price : 14.05 Bid-YTW : 5.86 % |
| BAM.PR.R | FixedReset Disc | -3.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 16.25 Evaluated at bid price : 16.25 Bid-YTW : 6.14 % |
| BAM.PR.T | FixedReset Disc | -3.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 16.25 Evaluated at bid price : 16.25 Bid-YTW : 6.22 % |
| TRP.PR.B | FixedReset Disc | -3.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 12.35 Evaluated at bid price : 12.35 Bid-YTW : 6.15 % |
| TRP.PR.H | FloatingReset | -3.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 12.51 Evaluated at bid price : 12.51 Bid-YTW : 5.96 % |
| BAM.PR.X | FixedReset Disc | -2.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 14.30 Evaluated at bid price : 14.30 Bid-YTW : 6.05 % |
| SLF.PR.D | Deemed-Retractible | -2.69 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 19.87 Bid-YTW : 7.32 % |
| TRP.PR.F | FloatingReset | -2.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 15.40 Evaluated at bid price : 15.40 Bid-YTW : 5.90 % |
| IAF.PR.G | FixedReset Ins Non | -2.55 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 19.49 Bid-YTW : 7.39 % |
| TRP.PR.G | FixedReset Disc | -2.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 19.15 Evaluated at bid price : 19.15 Bid-YTW : 6.08 % |
| TRP.PR.D | FixedReset Disc | -2.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 17.50 Evaluated at bid price : 17.50 Bid-YTW : 6.02 % |
| TRP.PR.C | FixedReset Disc | -2.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 13.33 Evaluated at bid price : 13.33 Bid-YTW : 6.07 % |
| BAM.PR.C | Floater | -2.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 12.55 Evaluated at bid price : 12.55 Bid-YTW : 5.58 % |
| BMO.PR.W | FixedReset Disc | -2.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 18.18 Evaluated at bid price : 18.18 Bid-YTW : 5.53 % |
| IFC.PR.G | FixedReset Ins Non | -2.09 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.05 Bid-YTW : 6.79 % |
| CU.PR.C | FixedReset Disc | -2.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 18.36 Evaluated at bid price : 18.36 Bid-YTW : 5.52 % |
| HSE.PR.G | FixedReset Disc | -1.92 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 19.37 Evaluated at bid price : 19.37 Bid-YTW : 6.89 % |
| RY.PR.S | FixedReset Disc | -1.91 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 21.32 Evaluated at bid price : 21.60 Bid-YTW : 5.03 % |
| TRP.PR.A | FixedReset Disc | -1.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 15.53 Evaluated at bid price : 15.53 Bid-YTW : 6.03 % |
| BIP.PR.A | FixedReset Disc | -1.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 20.30 Evaluated at bid price : 20.30 Bid-YTW : 6.61 % |
| BAM.PF.B | FixedReset Disc | -1.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 18.80 Evaluated at bid price : 18.80 Bid-YTW : 5.97 % |
| BAM.PF.F | FixedReset Disc | -1.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 19.51 Evaluated at bid price : 19.51 Bid-YTW : 6.05 % |
| BMO.PR.Y | FixedReset Disc | -1.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 20.72 Evaluated at bid price : 20.72 Bid-YTW : 5.39 % |
| MFC.PR.N | FixedReset Ins Non | -1.58 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 18.02 Bid-YTW : 8.06 % |
| MFC.PR.Q | FixedReset Ins Non | -1.53 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 20.60 Bid-YTW : 6.97 % |
| TD.PF.L | FixedReset Prem | -1.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 23.10 Evaluated at bid price : 24.85 Bid-YTW : 5.08 % |
| POW.PR.D | Perpetual-Discount | -1.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 21.53 Evaluated at bid price : 21.79 Bid-YTW : 5.80 % |
| NA.PR.S | FixedReset Disc | -1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 18.10 Evaluated at bid price : 18.10 Bid-YTW : 5.83 % |
| BAM.PF.D | Perpetual-Discount | -1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 21.45 Evaluated at bid price : 21.45 Bid-YTW : 5.80 % |
| BAM.PF.C | Perpetual-Discount | -1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 21.01 Evaluated at bid price : 21.01 Bid-YTW : 5.86 % |
| BAM.PR.N | Perpetual-Discount | -1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 20.30 Evaluated at bid price : 20.30 Bid-YTW : 5.95 % |
| CM.PR.T | FixedReset Disc | -1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 23.09 Evaluated at bid price : 24.82 Bid-YTW : 5.12 % |
| BMO.PR.E | FixedReset Disc | -1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 21.92 Evaluated at bid price : 22.40 Bid-YTW : 5.09 % |
| TD.PF.I | FixedReset Disc | -1.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 22.12 Evaluated at bid price : 22.60 Bid-YTW : 5.26 % |
| MFC.PR.B | Deemed-Retractible | -1.30 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 20.50 Bid-YTW : 7.19 % |
| PWF.PR.K | Perpetual-Discount | -1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 5.84 % |
| TRP.PR.E | FixedReset Disc | -1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 17.90 Evaluated at bid price : 17.90 Bid-YTW : 5.85 % |
| SLF.PR.A | Deemed-Retractible | -1.26 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.08 Bid-YTW : 6.93 % |
| POW.PR.G | Perpetual-Discount | -1.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 23.99 Evaluated at bid price : 24.35 Bid-YTW : 5.81 % |
| BIP.PR.F | FixedReset Disc | -1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 21.32 Evaluated at bid price : 21.60 Bid-YTW : 5.98 % |
| PWF.PR.S | Perpetual-Discount | -1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.77 % |
| POW.PR.B | Perpetual-Discount | -1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 22.93 Evaluated at bid price : 23.20 Bid-YTW : 5.83 % |
| PWF.PR.Z | Perpetual-Discount | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 22.10 Evaluated at bid price : 22.40 Bid-YTW : 5.79 % |
| PWF.PR.F | Perpetual-Discount | -1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 22.53 Evaluated at bid price : 22.78 Bid-YTW : 5.81 % |
| BMO.PR.S | FixedReset Disc | -1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 5.45 % |
| BAM.PR.K | Floater | -1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 12.42 Evaluated at bid price : 12.42 Bid-YTW : 5.64 % |
| PWF.PR.L | Perpetual-Discount | -1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 21.86 Evaluated at bid price : 22.10 Bid-YTW : 5.81 % |
| HSE.PR.C | FixedReset Disc | -1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 18.61 Evaluated at bid price : 18.61 Bid-YTW : 6.69 % |
| TD.PF.J | FixedReset Disc | 1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 21.64 Evaluated at bid price : 21.95 Bid-YTW : 5.20 % |
| CM.PR.P | FixedReset Disc | 1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 18.48 Evaluated at bid price : 18.48 Bid-YTW : 5.48 % |
| CM.PR.O | FixedReset Disc | 1.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 19.03 Evaluated at bid price : 19.03 Bid-YTW : 5.44 % |
| CM.PR.S | FixedReset Disc | 1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 20.45 Evaluated at bid price : 20.45 Bid-YTW : 5.31 % |
| PWF.PR.P | FixedReset Disc | 1.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 14.10 Evaluated at bid price : 14.10 Bid-YTW : 5.84 % |
| HSE.PR.A | FixedReset Disc | 3.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 13.65 Evaluated at bid price : 13.65 Bid-YTW : 6.27 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| CM.PR.S | FixedReset Disc | 208,305 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 20.45 Evaluated at bid price : 20.45 Bid-YTW : 5.31 % |
| TD.PF.L | FixedReset Prem | 132,735 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 23.10 Evaluated at bid price : 24.85 Bid-YTW : 5.08 % |
| BNS.PR.Y | FixedReset Bank Non | 114,000 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 24.24 Bid-YTW : 3.60 % |
| PWF.PR.K | Perpetual-Discount | 100,142 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-14 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 5.84 % |
| IAF.PR.I | FixedReset Ins Non | 79,850 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 20.75 Bid-YTW : 7.02 % |
| TD.PF.H | FixedReset Prem | 70,224 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-10-31 Maturity Price : 25.00 Evaluated at bid price : 25.43 Bid-YTW : 4.27 % |
| There were 61 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| EMA.PR.F | FixedReset Disc | Quote: 19.48 – 23.07 Spot Rate : 3.5900 Average : 2.0266 YTW SCENARIO |
| HSE.PR.A | FixedReset Disc | Quote: 13.65 – 15.50 Spot Rate : 1.8500 Average : 1.0594 YTW SCENARIO |
| TRP.PR.C | FixedReset Disc | Quote: 13.33 – 14.50 Spot Rate : 1.1700 Average : 0.6591 YTW SCENARIO |
| TD.PF.I | FixedReset Disc | Quote: 22.60 – 23.80 Spot Rate : 1.2000 Average : 0.7077 YTW SCENARIO |
| HSE.PR.C | FixedReset Disc | Quote: 18.61 – 19.75 Spot Rate : 1.1400 Average : 0.6813 YTW SCENARIO |
| MFC.PR.J | FixedReset Ins Non | Quote: 20.15 – 21.20 Spot Rate : 1.0500 Average : 0.6123 YTW SCENARIO |