FAIR Canada continues to fulfill its role as a a superannuation scheme for ex-OSC staff:
The Canadian Foundation for the Advancement of Investor Rights, known as FAIR Canada, says Jean-Paul Bureaud will assume its top job. A lawyer by training, Mr. Bureaud worked for the Ontario Securities Commission for 19 years before leaving in October, 2018. Most recently, he’s been a consultant for the World Bank.
| HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
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| 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 | 0.6512 % | 1,605.6 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.6512 % | 2,946.2 |
| Floater | 5.20 % | 5.28 % | 59,599 | 14.96 | 3 | 0.6512 % | 1,697.9 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3934 % | 3,525.2 |
| SplitShare | 4.68 % | 4.25 % | 40,147 | 3.27 | 8 | 0.3934 % | 4,209.8 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3934 % | 3,284.7 |
| Perpetual-Premium | 5.55 % | 4.70 % | 88,395 | 4.00 | 4 | 0.0397 % | 3,097.3 |
| Perpetual-Discount | 5.42 % | 5.56 % | 78,510 | 14.39 | 31 | 0.1587 % | 3,370.7 |
| FixedReset Disc | 5.55 % | 4.30 % | 122,253 | 16.16 | 67 | 0.2400 % | 2,063.5 |
| Deemed-Retractible | 5.20 % | 5.30 % | 91,713 | 14.64 | 27 | 0.1510 % | 3,305.7 |
| FloatingReset | 2.86 % | 2.04 % | 38,202 | 1.42 | 3 | 0.6080 % | 1,784.9 |
| FixedReset Prem | 5.26 % | 4.26 % | 220,983 | 0.89 | 11 | 0.2161 % | 2,616.2 |
| FixedReset Bank Non | 1.97 % | 2.37 % | 109,718 | 1.41 | 2 | -0.1830 % | 2,812.5 |
| FixedReset Ins Non | 5.81 % | 4.56 % | 84,168 | 15.87 | 22 | 0.6136 % | 2,066.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| TRP.PR.E | FixedReset Disc | -1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 13.59 Evaluated at bid price : 13.59 Bid-YTW : 5.55 % |
| CM.PR.Q | FixedReset Disc | -1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 18.21 Evaluated at bid price : 18.21 Bid-YTW : 4.38 % |
| SLF.PR.B | Deemed-Retractible | -1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 22.72 Evaluated at bid price : 23.01 Bid-YTW : 5.28 % |
| TRP.PR.C | FixedReset Disc | -1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 8.90 Evaluated at bid price : 8.90 Bid-YTW : 5.47 % |
| TRP.PR.J | FixedReset Prem | 1.07 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-05-31 Maturity Price : 25.00 Evaluated at bid price : 25.45 Bid-YTW : 3.00 % |
| BAM.PR.Z | FixedReset Disc | 1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 16.50 Evaluated at bid price : 16.50 Bid-YTW : 5.48 % |
| IFC.PR.A | FixedReset Ins Non | 1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 12.04 Evaluated at bid price : 12.04 Bid-YTW : 4.84 % |
| IFC.PR.C | FixedReset Ins Non | 1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 15.99 Evaluated at bid price : 15.99 Bid-YTW : 4.86 % |
| TRP.PR.K | FixedReset Disc | 1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 23.42 Evaluated at bid price : 24.45 Bid-YTW : 4.97 % |
| TD.PF.I | FixedReset Disc | 1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 21.63 Evaluated at bid price : 22.05 Bid-YTW : 3.98 % |
| MFC.PR.H | FixedReset Ins Non | 1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 19.55 Evaluated at bid price : 19.55 Bid-YTW : 4.57 % |
| TRP.PR.A | FixedReset Disc | 1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 12.36 Evaluated at bid price : 12.36 Bid-YTW : 5.38 % |
| MFC.PR.Q | FixedReset Ins Non | 1.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 17.65 Evaluated at bid price : 17.65 Bid-YTW : 4.52 % |
| EIT.PR.B | SplitShare | 1.44 % | YTW SCENARIO Maturity Type : Soft Maturity Maturity Date : 2025-03-14 Maturity Price : 25.00 Evaluated at bid price : 25.36 Bid-YTW : 4.40 % |
| SLF.PR.H | FixedReset Ins Non | 1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 14.21 Evaluated at bid price : 14.21 Bid-YTW : 4.59 % |
| NA.PR.E | FixedReset Disc | 1.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 18.83 Evaluated at bid price : 18.83 Bid-YTW : 4.26 % |
| SLF.PR.J | FloatingReset | 1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 9.45 Evaluated at bid price : 9.45 Bid-YTW : 4.17 % |
| MFC.PR.I | FixedReset Ins Non | 1.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 18.44 Evaluated at bid price : 18.44 Bid-YTW : 4.56 % |
| TD.PF.D | FixedReset Disc | 3.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 19.36 Evaluated at bid price : 19.36 Bid-YTW : 4.14 % |
| SLF.PR.G | FixedReset Ins Non | 3.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 10.18 Evaluated at bid price : 10.18 Bid-YTW : 4.48 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| TD.PF.C | FixedReset Disc | 97,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 17.95 Evaluated at bid price : 17.95 Bid-YTW : 4.09 % |
| PWF.PR.I | Perpetual-Premium | 91,950 | YTW SCENARIO Maturity Type : Call Maturity Date : 2020-09-23 Maturity Price : 25.00 Evaluated at bid price : 25.17 Bid-YTW : 2.52 % |
| TD.PF.A | FixedReset Disc | 82,442 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 17.85 Evaluated at bid price : 17.85 Bid-YTW : 4.01 % |
| NA.PR.S | FixedReset Disc | 79,080 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 17.42 Evaluated at bid price : 17.42 Bid-YTW : 4.36 % |
| SLF.PR.C | Deemed-Retractible | 72,315 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 21.35 Evaluated at bid price : 21.35 Bid-YTW : 5.30 % |
| CM.PR.O | FixedReset Disc | 62,450 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-08-24 Maturity Price : 17.55 Evaluated at bid price : 17.55 Bid-YTW : 4.20 % |
| There were 18 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| IAF.PR.G | FixedReset Ins Non | Quote: 18.40 – 25.00 Spot Rate : 6.6000 Average : 4.2997 YTW SCENARIO |
| CM.PR.Q | FixedReset Disc | Quote: 18.21 – 18.90 Spot Rate : 0.6900 Average : 0.4395 YTW SCENARIO |
| RY.PR.H | FixedReset Disc | Quote: 17.90 – 18.49 Spot Rate : 0.5900 Average : 0.3838 YTW SCENARIO |
| W.PR.K | FixedReset Disc | Quote: 25.00 – 25.50 Spot Rate : 0.5000 Average : 0.3316 YTW SCENARIO |
| BAM.PF.B | FixedReset Disc | Quote: 15.45 – 16.00 Spot Rate : 0.5500 Average : 0.3946 YTW SCENARIO |
| BIP.PR.E | FixedReset Disc | Quote: 21.14 – 21.50 Spot Rate : 0.3600 Average : 0.2454 YTW SCENARIO |