TXPR closed at 622.93, up 0.90% on the day. Volume today was 1.26-million, third-lowest of the past 21 trading days.
CPD closed at 12.40, up 0.90% on the day. Volume was 92,050, ahead of only May 12 in the past 21 trading days.
ZPR closed at 10.36 up 1.07% on the day. Volume of 165,670 was below the median of the past 21 trading days.
Five-year Canada yields were up to 2.80% today.
| 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 | 3.85 % | 4.51 % | 21,683 | 18.35 | 1 | 1.3514 % | 2,564.2 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 1.5365 % | 4,869.3 |
| Floater | 4.24 % | 4.25 % | 46,776 | 16.87 | 3 | 1.5365 % | 2,806.2 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1278 % | 3,492.6 |
| SplitShare | 4.87 % | 5.70 % | 39,982 | 3.28 | 8 | -0.1278 % | 4,170.9 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1278 % | 3,254.3 |
| Perpetual-Premium | 5.90 % | 5.95 % | 63,895 | 13.96 | 1 | 0.5231 % | 2,955.9 |
| Perpetual-Discount | 5.83 % | 5.92 % | 67,938 | 13.98 | 35 | 0.2393 % | 3,187.8 |
| FixedReset Disc | 4.63 % | 5.97 % | 132,629 | 14.04 | 59 | 1.0538 % | 2,506.1 |
| Insurance Straight | 5.74 % | 5.89 % | 97,306 | 13.99 | 20 | 0.2863 % | 3,126.1 |
| FloatingReset | 4.63 % | 4.97 % | 61,198 | 15.52 | 2 | 0.9331 % | 2,633.8 |
| FixedReset Prem | 5.12 % | 5.33 % | 136,936 | 2.08 | 9 | 0.3368 % | 2,576.1 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 1.0538 % | 2,561.8 |
| FixedReset Ins Non | 4.58 % | 6.07 % | 79,308 | 13.95 | 15 | 0.3027 % | 2,621.5 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| NA.PR.G | FixedReset Disc | -4.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 22.50 Evaluated at bid price : 22.90 Bid-YTW : 6.05 % |
| MFC.PR.N | FixedReset Ins Non | -2.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 19.50 Evaluated at bid price : 19.50 Bid-YTW : 6.32 % |
| CM.PR.P | FixedReset Disc | -2.92 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 19.95 Evaluated at bid price : 19.95 Bid-YTW : 6.13 % |
| IFC.PR.E | Insurance Straight | -1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 21.68 Evaluated at bid price : 22.00 Bid-YTW : 5.98 % |
| PVS.PR.I | SplitShare | -1.22 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-10-31 Maturity Price : 25.00 Evaluated at bid price : 24.20 Bid-YTW : 6.10 % |
| BIP.PR.A | FixedReset Disc | -1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 21.93 Evaluated at bid price : 22.25 Bid-YTW : 6.69 % |
| POW.PR.B | Perpetual-Discount | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 22.12 Evaluated at bid price : 22.40 Bid-YTW : 6.03 % |
| BAM.PF.H | FixedReset Disc | 1.00 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.15 Bid-YTW : 5.02 % |
| SLF.PR.G | FixedReset Ins Non | 1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 14.75 Evaluated at bid price : 14.75 Bid-YTW : 6.43 % |
| FTS.PR.H | FixedReset Disc | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 14.55 Evaluated at bid price : 14.55 Bid-YTW : 6.60 % |
| IFC.PR.I | Perpetual-Discount | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 22.84 Evaluated at bid price : 23.15 Bid-YTW : 5.91 % |
| MFC.PR.K | FixedReset Ins Non | 1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 21.28 Evaluated at bid price : 21.55 Bid-YTW : 5.86 % |
| BAM.PF.D | Perpetual-Discount | 1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 20.46 Evaluated at bid price : 20.46 Bid-YTW : 6.08 % |
| RY.PR.M | FixedReset Disc | 1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.88 % |
| TRP.PR.F | FloatingReset | 1.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 16.60 Evaluated at bid price : 16.60 Bid-YTW : 4.97 % |
| TRP.PR.C | FixedReset Disc | 1.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 13.26 Evaluated at bid price : 13.26 Bid-YTW : 7.16 % |
| NA.PR.W | FixedReset Disc | 1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 20.60 Evaluated at bid price : 20.60 Bid-YTW : 5.93 % |
| SLF.PR.E | Insurance Straight | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 20.25 Evaluated at bid price : 20.25 Bid-YTW : 5.64 % |
| TD.PF.J | FixedReset Disc | 1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 23.45 Evaluated at bid price : 24.00 Bid-YTW : 5.72 % |
| TD.PF.E | FixedReset Disc | 1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 21.49 Evaluated at bid price : 21.85 Bid-YTW : 5.91 % |
| TD.PF.D | FixedReset Disc | 1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 21.42 Evaluated at bid price : 21.75 Bid-YTW : 5.90 % |
| MFC.PR.B | Insurance Straight | 1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 20.57 Evaluated at bid price : 20.57 Bid-YTW : 5.75 % |
| BAM.PR.E | Ratchet | 1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 25.00 Evaluated at bid price : 18.00 Bid-YTW : 4.51 % |
| BAM.PF.F | FixedReset Disc | 1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 20.75 Evaluated at bid price : 20.75 Bid-YTW : 6.63 % |
| GWO.PR.Q | Insurance Straight | 1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 21.87 Evaluated at bid price : 22.11 Bid-YTW : 5.90 % |
| FTS.PR.G | FixedReset Disc | 1.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 19.81 Evaluated at bid price : 19.81 Bid-YTW : 6.31 % |
| FTS.PR.K | FixedReset Disc | 1.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 18.49 Evaluated at bid price : 18.49 Bid-YTW : 6.56 % |
| RY.PR.J | FixedReset Disc | 1.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 21.34 Evaluated at bid price : 21.65 Bid-YTW : 5.93 % |
| MFC.PR.I | FixedReset Ins Non | 1.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 23.39 Evaluated at bid price : 24.25 Bid-YTW : 5.88 % |
| BMO.PR.Y | FixedReset Disc | 1.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 5.91 % |
| BAM.PR.X | FixedReset Disc | 1.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 17.50 Evaluated at bid price : 17.50 Bid-YTW : 6.70 % |
| BAM.PR.C | Floater | 2.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 13.30 Evaluated at bid price : 13.30 Bid-YTW : 4.25 % |
| CU.PR.C | FixedReset Disc | 2.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 21.39 Evaluated at bid price : 21.39 Bid-YTW : 6.11 % |
| TRP.PR.A | FixedReset Disc | 2.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 16.45 Evaluated at bid price : 16.45 Bid-YTW : 6.97 % |
| BAM.PF.A | FixedReset Disc | 2.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 21.99 Evaluated at bid price : 22.60 Bid-YTW : 6.32 % |
| PWF.PF.A | Perpetual-Discount | 2.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 20.15 Evaluated at bid price : 20.15 Bid-YTW : 5.64 % |
| BAM.PR.K | Floater | 2.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 13.30 Evaluated at bid price : 13.30 Bid-YTW : 4.25 % |
| BAM.PF.B | FixedReset Disc | 2.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 6.59 % |
| TRP.PR.G | FixedReset Disc | 63.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 20.06 Evaluated at bid price : 20.06 Bid-YTW : 6.51 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| MIC.PR.A | Perpetual-Discount | 100,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 21.75 Evaluated at bid price : 22.03 Bid-YTW : 6.21 % |
| TD.PF.B | FixedReset Disc | 84,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 20.85 Evaluated at bid price : 20.85 Bid-YTW : 5.90 % |
| CU.PR.H | Perpetual-Discount | 46,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 22.12 Evaluated at bid price : 22.40 Bid-YTW : 5.86 % |
| CM.PR.O | FixedReset Disc | 39,279 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 20.40 Evaluated at bid price : 20.40 Bid-YTW : 6.09 % |
| RY.PR.H | FixedReset Disc | 37,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 20.76 Evaluated at bid price : 20.76 Bid-YTW : 5.90 % |
| CU.PR.G | Perpetual-Discount | 34,134 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-13 Maturity Price : 19.35 Evaluated at bid price : 19.35 Bid-YTW : 5.83 % |
| There were 14 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| CU.PR.F | Perpetual-Discount | Quote: 19.65 – 22.75 Spot Rate : 3.1000 Average : 1.7540 YTW SCENARIO |
| PWF.PR.S | Perpetual-Discount | Quote: 20.43 – 23.00 Spot Rate : 2.5700 Average : 1.4967 YTW SCENARIO |
| CM.PR.P | FixedReset Disc | Quote: 19.95 – 21.80 Spot Rate : 1.8500 Average : 1.0157 YTW SCENARIO |
| TRP.PR.B | FixedReset Disc | Quote: 12.65 – 13.75 Spot Rate : 1.1000 Average : 0.6886 YTW SCENARIO |
| NA.PR.G | FixedReset Disc | Quote: 22.90 – 24.25 Spot Rate : 1.3500 Average : 0.9720 YTW SCENARIO |
| EIT.PR.A | SplitShare | Quote: 24.82 – 25.82 Spot Rate : 1.0000 Average : 0.6533 YTW SCENARIO |