Data has been input to the HIMIPref™ database but commentary will not be ready until tomorrow. My apologies.
Update (finally!)
| Note that these indices are experimental; the absolute and relative daily values are expected to change in the final version. In this version, index values are based at 1,000.0 on 2006-6-30 | |||||||
| Index | Mean Current Yield (at bid) | Mean YTW | Mean Average Trading Value | Mean Mod Dur (YTW) | Issues | Day’s Perf. | Index Value |
| Ratchet | 4.10% | 4.10% | 32,656 | 17.26 | 1 | +0.0000% | 1,036.2 |
| Fixed-Floater | 4.78% | 3.71% | 94,105 | 6.54 | 7 | +0.0567% | 1,037.8 |
| Floater | 4.49% | -19.48% | 60,693 | 6.63 | 5 | -0.0156% | 1,038.3 |
| Op. Retract | 4.65% | 0.74% | 84,850 | 2.17 | 17 | +0.1165% | 1,032.5 |
| Split-Share | 5.08% | 2.06% | 238,695 | 2.50 | 9 | -0.1115% | 1,042.7 |
| Interest Bearing | 6.94% | 5.62% | 80,252 | 1.60 | 7 | +0.9179% | 1,033.5 |
| Perpetual-Premium | 5.02% | 3.56% | 266,101 | 4.41 | 52 | -0.0054% | 1,054.0 |
| Perpetual-Discount | 4.53% | 4.52% | 810,985 | 11.74 | 6 | -0.0986% | 1,059.6 |
| Major Price Changes | |||
| Issue | Index | Change | Notes |
| DFN.PR.A | SplitShare | -1.3084% | |
| ELF.PR.G | PerpetualPremium | -1.0054% | |
| BSD.PR.A | InterestBearing | +1.0101% | |
| CM.PR.P | PerpetualPremium | +1.0101% | |
| MST.PR.A | InterestBearing | +1.4808% | |
| STW.PR.A | InterestBearing | +3.4619% | |
| Volume Highlights | |||
| Issue | Index | Volume | Notes |
| TD.PR.N | OpRet | 115,700 | |
| MIC.PR.A | Scraps | 90,000 | |
| TD.PR.M | OpRet | 50,000 | |
| GWO.PR.I | PerpetualDiscount | 15,665 | |
| SLF.PR.D | PerpetualDiscount | 14,402 | |
There were two other index-included issues with over 10,000 shares traded today.
Update: There was an error in the calculation of returns for ELF.PR.G – it went ex-dividend on 12/28 and the dividend was improperly recorded in HIMIPref™. This error has now been corrected.
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