TXPR continued its streak of hitting new 52-week lows, this time touching 694.69 compared to the prior lowest level of 694.81. Note that this is the price index, which ignores the effect of dividend receipts.
CPD also hit a low, touching 13.83 compared to the prior level of 13.93 … again ignoring the effect of dividend receipts.
| 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 | 0.1897 % | 3,106.6 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1897 % | 5,700.5 |
| Floater | 3.50 % | 3.70 % | 39,955 | 18.06 | 4 | 0.1897 % | 3,285.2 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0318 % | 3,222.8 |
| SplitShare | 4.62 % | 4.85 % | 48,402 | 4.70 | 5 | -0.0318 % | 3,848.7 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0318 % | 3,002.9 |
| Perpetual-Premium | 5.68 % | 5.29 % | 78,758 | 14.20 | 12 | -0.3448 % | 2,885.9 |
| Perpetual-Discount | 5.62 % | 5.75 % | 73,810 | 14.31 | 21 | 0.0748 % | 2,919.8 |
| FixedReset Disc | 4.26 % | 5.15 % | 147,683 | 15.34 | 45 | -0.0646 % | 2,555.7 |
| Deemed-Retractible | 5.34 % | 6.49 % | 66,544 | 5.22 | 27 | 0.4445 % | 2,902.9 |
| FloatingReset | 3.70 % | 3.85 % | 44,568 | 5.50 | 4 | -0.5502 % | 2,811.5 |
| FixedReset Prem | 4.90 % | 4.38 % | 252,453 | 3.01 | 34 | -0.0683 % | 2,555.7 |
| FixedReset Bank Non | 3.18 % | 3.40 % | 89,106 | 0.33 | 8 | -0.0204 % | 2,578.6 |
| FixedReset Ins Non | 4.49 % | 6.11 % | 120,862 | 5.34 | 22 | -0.4560 % | 2,497.3 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| IFC.PR.G | FixedReset Ins Non | -4.08 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 23.50 Bid-YTW : 6.19 % |
| TRP.PR.D | FixedReset Disc | -2.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-10-25 Maturity Price : 21.54 Evaluated at bid price : 21.54 Bid-YTW : 5.55 % |
| PWF.PR.E | Perpetual-Premium | -1.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-10-25 Maturity Price : 23.49 Evaluated at bid price : 23.76 Bid-YTW : 5.81 % |
| PWF.PR.R | Perpetual-Premium | -1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-10-25 Maturity Price : 23.69 Evaluated at bid price : 24.01 Bid-YTW : 5.74 % |
| SLF.PR.G | FixedReset Ins Non | -1.19 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 19.12 Bid-YTW : 8.32 % |
| IFC.PR.A | FixedReset Ins Non | -1.15 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 19.76 Bid-YTW : 7.99 % |
| SLF.PR.J | FloatingReset | -1.14 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 19.15 Bid-YTW : 7.92 % |
| BAM.PF.G | FixedReset Disc | -1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-10-25 Maturity Price : 23.79 Evaluated at bid price : 24.15 Bid-YTW : 5.38 % |
| MFC.PR.L | FixedReset Ins Non | -1.06 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.42 Bid-YTW : 7.51 % |
| BAM.PR.T | FixedReset Disc | -1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-10-25 Maturity Price : 20.59 Evaluated at bid price : 20.59 Bid-YTW : 5.45 % |
| GWO.PR.G | Deemed-Retractible | -1.00 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 22.66 Bid-YTW : 7.20 % |
| RY.PR.R | FixedReset Prem | -1.00 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-08-24 Maturity Price : 25.00 Evaluated at bid price : 25.74 Bid-YTW : 4.24 % |
| BAM.PR.M | Perpetual-Discount | 1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-10-25 Maturity Price : 20.20 Evaluated at bid price : 20.20 Bid-YTW : 5.95 % |
| GWO.PR.R | Deemed-Retractible | 1.08 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.54 Bid-YTW : 7.74 % |
| IFC.PR.F | Deemed-Retractible | 1.11 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 23.75 Bid-YTW : 6.39 % |
| TD.PF.D | FixedReset Disc | 1.16 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2020-07-31 Maturity Price : 25.00 Evaluated at bid price : 24.35 Bid-YTW : 5.15 % |
| BAM.PF.J | FixedReset Prem | 1.21 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.06 Bid-YTW : 4.80 % |
| MFC.PR.B | Deemed-Retractible | 1.26 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 20.15 Bid-YTW : 8.90 % |
| GWO.PR.P | Deemed-Retractible | 1.34 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 24.12 Bid-YTW : 6.20 % |
| CU.PR.C | FixedReset Disc | 1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-10-25 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 5.31 % |
| HSE.PR.E | FixedReset Prem | 1.39 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2020-03-31 Maturity Price : 25.00 Evaluated at bid price : 24.80 Bid-YTW : 5.35 % |
| IFC.PR.E | Deemed-Retractible | 1.51 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 23.50 Bid-YTW : 6.49 % |
| GWO.PR.L | Deemed-Retractible | 1.58 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 25.00 Bid-YTW : 5.76 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| SLF.PR.I | FixedReset Ins Non | 108,200 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 23.82 Bid-YTW : 5.36 % |
| MFC.PR.J | FixedReset Ins Non | 103,100 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 24.08 Bid-YTW : 5.82 % |
| RY.PR.Q | FixedReset Prem | 66,285 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-05-24 Maturity Price : 25.00 Evaluated at bid price : 25.90 Bid-YTW : 3.86 % |
| TD.PR.Y | FixedReset Bank Non | 58,700 | YTW SCENARIO Maturity Type : Call Maturity Date : 2018-11-30 Maturity Price : 25.00 Evaluated at bid price : 24.99 Bid-YTW : 3.40 % |
| TRP.PR.D | FixedReset Disc | 51,948 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-10-25 Maturity Price : 21.54 Evaluated at bid price : 21.54 Bid-YTW : 5.55 % |
| PWF.PR.S | Perpetual-Discount | 50,855 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-10-25 Maturity Price : 20.95 Evaluated at bid price : 20.95 Bid-YTW : 5.76 % |
| There were 23 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| MFC.PR.M | FixedReset Ins Non | Quote: 22.30 – 23.45 Spot Rate : 1.1500 Average : 0.7444 YTW SCENARIO |
| IFC.PR.G | FixedReset Ins Non | Quote: 23.50 – 24.50 Spot Rate : 1.0000 Average : 0.6026 YTW SCENARIO |
| HSE.PR.C | FixedReset Disc | Quote: 23.49 – 24.50 Spot Rate : 1.0100 Average : 0.7055 YTW SCENARIO |
| HSE.PR.G | FixedReset Prem | Quote: 24.35 – 25.20 Spot Rate : 0.8500 Average : 0.5883 YTW SCENARIO |
| MFC.PR.I | FixedReset Ins Non | Quote: 23.60 – 24.40 Spot Rate : 0.8000 Average : 0.5483 YTW SCENARIO |
| BAM.PF.G | FixedReset Disc | Quote: 24.15 – 24.80 Spot Rate : 0.6500 Average : 0.4201 YTW SCENARIO |
I got it in my email and do not have a link: Royal Bank of Canada 4.80% 5-Year Rate Reset Preferred Shares, Series BO
Geez, I forgot all about that last night! I’ll put up the announcement tonight.