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 | 2.3420 % | 1,876.0 |
FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 2.3420 % | 3,442.4 |
Floater | 4.56 % | 4.60 % | 57,488 | 16.15 | 2 | 2.3420 % | 1,983.9 |
OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3071 % | 3,599.9 |
SplitShare | 4.81 % | 4.29 % | 37,731 | 3.87 | 9 | 0.3071 % | 4,299.0 |
Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3071 % | 3,354.2 |
Perpetual-Premium | 5.34 % | 2.31 % | 75,317 | 0.23 | 19 | -0.0083 % | 3,193.6 |
Perpetual-Discount | 5.01 % | 5.05 % | 77,109 | 15.37 | 12 | 0.3629 % | 3,652.8 |
FixedReset Disc | 5.17 % | 3.98 % | 126,156 | 17.09 | 56 | 0.6251 % | 2,251.3 |
Insurance Straight | 5.00 % | 4.76 % | 92,926 | 15.15 | 22 | 0.3928 % | 3,568.8 |
FloatingReset | 1.97 % | 2.49 % | 39,997 | 1.15 | 3 | 0.1499 % | 1,825.1 |
FixedReset Prem | 5.17 % | 3.20 % | 203,122 | 0.84 | 22 | -0.0556 % | 2,668.0 |
FixedReset Bank Non | 1.94 % | 2.06 % | 175,331 | 1.15 | 2 | -0.0402 % | 2,865.4 |
FixedReset Ins Non | 5.27 % | 4.04 % | 77,089 | 16.84 | 22 | 0.3799 % | 2,316.3 |
Performance Highlights | |||
Issue | Index | Change | Notes |
BIP.PR.B | FixedReset Prem | -1.84 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 23.28 Evaluated at bid price : 24.55 Bid-YTW : 5.54 % |
SLF.PR.H | FixedReset Ins Non | -1.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 16.20 Evaluated at bid price : 16.20 Bid-YTW : 4.03 % |
TRP.PR.D | FixedReset Disc | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 14.44 Evaluated at bid price : 14.44 Bid-YTW : 5.30 % |
PWF.PR.S | Perpetual-Discount | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 23.97 Evaluated at bid price : 24.25 Bid-YTW : 4.99 % |
MFC.PR.K | FixedReset Ins Non | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 18.00 Evaluated at bid price : 18.00 Bid-YTW : 4.03 % |
MFC.PR.B | Insurance Straight | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 24.46 Evaluated at bid price : 24.70 Bid-YTW : 4.71 % |
GWO.PR.N | FixedReset Ins Non | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 10.51 Evaluated at bid price : 10.51 Bid-YTW : 4.18 % |
TD.PF.J | FixedReset Disc | 1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 3.92 % |
BIP.PR.A | FixedReset Disc | 1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 17.70 Evaluated at bid price : 17.70 Bid-YTW : 5.64 % |
MFC.PR.Q | FixedReset Ins Non | 1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 4.01 % |
NA.PR.W | FixedReset Disc | 1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 18.38 Evaluated at bid price : 18.38 Bid-YTW : 4.01 % |
BAM.PR.M | Perpetual-Discount | 1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 23.03 Evaluated at bid price : 23.30 Bid-YTW : 5.17 % |
BAM.PF.A | FixedReset Disc | 1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 18.66 Evaluated at bid price : 18.66 Bid-YTW : 4.93 % |
MFC.PR.H | FixedReset Ins Non | 1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 22.34 Evaluated at bid price : 22.76 Bid-YTW : 3.94 % |
MFC.PR.L | FixedReset Ins Non | 1.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 17.10 Evaluated at bid price : 17.10 Bid-YTW : 4.11 % |
BAM.PR.T | FixedReset Disc | 1.75 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 14.51 Evaluated at bid price : 14.51 Bid-YTW : 4.92 % |
CM.PR.S | FixedReset Disc | 1.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 20.23 Evaluated at bid price : 20.23 Bid-YTW : 3.84 % |
CM.PR.O | FixedReset Disc | 1.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 19.24 Evaluated at bid price : 19.24 Bid-YTW : 3.86 % |
NA.PR.S | FixedReset Disc | 1.87 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 19.10 Evaluated at bid price : 19.10 Bid-YTW : 4.01 % |
NA.PR.E | FixedReset Disc | 2.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 20.15 Evaluated at bid price : 20.15 Bid-YTW : 4.01 % |
BAM.PR.B | Floater | 2.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 9.45 Evaluated at bid price : 9.45 Bid-YTW : 4.60 % |
BNS.PR.I | FixedReset Disc | 2.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 21.70 Evaluated at bid price : 21.95 Bid-YTW : 3.63 % |
SLF.PR.G | FixedReset Ins Non | 2.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 11.75 Evaluated at bid price : 11.75 Bid-YTW : 3.91 % |
TRP.PR.C | FixedReset Disc | 2.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 10.01 Evaluated at bid price : 10.01 Bid-YTW : 4.98 % |
BAM.PR.K | Floater | 2.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 9.34 Evaluated at bid price : 9.34 Bid-YTW : 4.65 % |
CU.PR.F | Perpetual-Discount | 2.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 23.87 Evaluated at bid price : 24.15 Bid-YTW : 4.67 % |
BAM.PF.F | FixedReset Disc | 3.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 17.40 Evaluated at bid price : 17.40 Bid-YTW : 5.05 % |
SLF.PR.C | Insurance Straight | 3.87 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 24.16 Evaluated at bid price : 24.41 Bid-YTW : 4.54 % |
BAM.PF.B | FixedReset Disc | 5.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 16.87 Evaluated at bid price : 16.87 Bid-YTW : 5.05 % |
TRP.PR.G | FixedReset Disc | Not Calc! | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 15.59 Evaluated at bid price : 15.59 Bid-YTW : 5.46 % |
CU.PR.I | FixedReset Prem | Not Calc! | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-01 Maturity Price : 25.00 Evaluated at bid price : 25.45 Bid-YTW : 4.12 % |
Volume Highlights | |||
Issue | Index | Shares Traded |
Notes |
TRP.PR.K | FixedReset Disc | 71,379 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 23.71 Evaluated at bid price : 24.95 Bid-YTW : 4.86 % |
TD.PF.J | FixedReset Disc | 70,109 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 3.92 % |
RY.PR.R | FixedReset Prem | 52,995 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-08-24 Maturity Price : 25.00 Evaluated at bid price : 25.53 Bid-YTW : 2.74 % |
TRP.PR.D | FixedReset Disc | 48,419 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 14.44 Evaluated at bid price : 14.44 Bid-YTW : 5.30 % |
BAM.PF.J | FixedReset Disc | 40,650 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 23.57 Evaluated at bid price : 25.00 Bid-YTW : 4.74 % |
RY.PR.Z | FixedReset Disc | 38,663 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-12-01 Maturity Price : 19.53 Evaluated at bid price : 19.53 Bid-YTW : 3.63 % |
There were 21 other index-included issues trading in excess of 10,000 shares. |
Wide Spread Highlights | ||
Issue | Index | Quote Data and Yield Notes |
RY.PR.M | FixedReset Disc | Quote: 19.73 – 25.50 Spot Rate : 5.7700 Average : 3.0843 YTW SCENARIO |
GWO.PR.N | FixedReset Ins Non | Quote: 10.51 – 13.00 Spot Rate : 2.4900 Average : 1.3637 YTW SCENARIO |
SLF.PR.H | FixedReset Ins Non | Quote: 16.20 – 17.00 Spot Rate : 0.8000 Average : 0.5112 YTW SCENARIO |
TD.PF.C | FixedReset Disc | Quote: 19.81 – 20.48 Spot Rate : 0.6700 Average : 0.4193 YTW SCENARIO |
CM.PR.Q | FixedReset Disc | Quote: 20.35 – 20.95 Spot Rate : 0.6000 Average : 0.3818 YTW SCENARIO |
BIP.PR.B | FixedReset Prem | Quote: 24.55 – 25.25 Spot Rate : 0.7000 Average : 0.5032 YTW SCENARIO |
CPX.PR.A To Reset To 2.621%
December 1st, 2020Capital Power Corporation has announced:
CPX.PR.A was issued as a FixedReset 4.60%+217 that commenced trading 2010-12-16 after being announced 2010-12-1. It reset to 3.06% effective 2015-12-31 and I recommended against conversion; there was no conversion to FloatingResets.
Posted in Issue Comments | No Comments »