TXPR closed at 532.23, down 0.51% on the day. Volume today was 1.15-million, near the median of the past 21 trading days.
CPD closed at 10.62, down 0.66% on the day. Volume was 65,390, above the median of the past 21 trading days.
ZPR closed at 8.88, down 0.67% on the day. Volume was 149,620, above the median of the past 21 trading days.
Five-year Canada yields were up a bit to 3.73%.
| 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 | -0.4386 % | 2,192.5 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4386 % | 4,205.1 |
| Floater | 10.72 % | 10.81 % | 46,755 | 8.97 | 1 | -0.4386 % | 2,423.4 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0363 % | 3,291.4 |
| SplitShare | 5.10 % | 8.38 % | 42,850 | 2.20 | 6 | 0.0363 % | 3,930.6 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0363 % | 3,066.8 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.6218 % | 2,610.3 |
| Perpetual-Discount | 6.54 % | 6.73 % | 40,511 | 12.85 | 31 | -0.6218 % | 2,846.4 |
| FixedReset Disc | 5.85 % | 8.50 % | 84,162 | 11.07 | 63 | -0.3157 % | 2,131.4 |
| Insurance Straight | 6.49 % | 6.53 % | 54,422 | 13.21 | 19 | -0.4275 % | 2,771.7 |
| FloatingReset | 11.44 % | 11.01 % | 27,005 | 8.84 | 2 | -1.0562 % | 2,357.1 |
| FixedReset Prem | 6.99 % | 7.11 % | 263,114 | 3.74 | 1 | -0.3566 % | 2,313.6 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.3157 % | 2,178.8 |
| FixedReset Ins Non | 6.33 % | 7.81 % | 92,438 | 11.62 | 9 | -0.4460 % | 2,332.4 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CU.PR.F | Perpetual-Discount | -6.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 17.02 Evaluated at bid price : 17.02 Bid-YTW : 6.69 % |
| SLF.PR.E | Insurance Straight | -3.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 18.00 Evaluated at bid price : 18.00 Bid-YTW : 6.29 % |
| CU.PR.G | Perpetual-Discount | -3.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 17.75 Evaluated at bid price : 17.75 Bid-YTW : 6.41 % |
| BIK.PR.A | FixedReset Disc | -2.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 21.98 Evaluated at bid price : 22.55 Bid-YTW : 8.49 % |
| BIP.PR.E | FixedReset Disc | -2.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 20.06 Evaluated at bid price : 20.06 Bid-YTW : 8.45 % |
| RY.PR.O | Perpetual-Discount | -2.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 21.05 Evaluated at bid price : 21.05 Bid-YTW : 5.89 % |
| RY.PR.N | Perpetual-Discount | -2.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 21.20 Evaluated at bid price : 21.20 Bid-YTW : 5.85 % |
| TRP.PR.B | FixedReset Disc | -2.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 10.26 Evaluated at bid price : 10.26 Bid-YTW : 10.97 % |
| TRP.PR.C | FixedReset Disc | -1.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 10.50 Evaluated at bid price : 10.50 Bid-YTW : 11.01 % |
| GWO.PR.I | Insurance Straight | -1.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 17.33 Evaluated at bid price : 17.33 Bid-YTW : 6.53 % |
| IFC.PR.K | Perpetual-Discount | -1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 20.90 Evaluated at bid price : 20.90 Bid-YTW : 6.32 % |
| BMO.PR.E | FixedReset Disc | -1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 7.59 % |
| GWO.PR.N | FixedReset Ins Non | -1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 11.99 Evaluated at bid price : 11.99 Bid-YTW : 9.16 % |
| IFC.PR.G | FixedReset Ins Non | -1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 20.74 Evaluated at bid price : 20.74 Bid-YTW : 7.68 % |
| TD.PF.B | FixedReset Disc | -1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 17.28 Evaluated at bid price : 17.28 Bid-YTW : 8.58 % |
| PWF.PR.L | Perpetual-Discount | -1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 6.84 % |
| PWF.PR.G | Perpetual-Discount | -1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 22.07 Evaluated at bid price : 22.30 Bid-YTW : 6.73 % |
| BMO.PR.S | FixedReset Disc | -1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 17.60 Evaluated at bid price : 17.60 Bid-YTW : 8.61 % |
| SLF.PR.J | FloatingReset | -1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 14.64 Evaluated at bid price : 14.64 Bid-YTW : 11.01 % |
| FTS.PR.G | FixedReset Disc | -1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 18.40 Evaluated at bid price : 18.40 Bid-YTW : 8.15 % |
| MFC.PR.C | Insurance Straight | -1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 17.65 Evaluated at bid price : 17.65 Bid-YTW : 6.43 % |
| BN.PF.E | FixedReset Disc | -1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 14.26 Evaluated at bid price : 14.26 Bid-YTW : 10.37 % |
| TRP.PR.F | FloatingReset | -1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 14.40 Evaluated at bid price : 14.40 Bid-YTW : 12.11 % |
| TD.PF.A | FixedReset Disc | 1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 17.20 Evaluated at bid price : 17.20 Bid-YTW : 8.50 % |
| IFC.PR.F | Insurance Straight | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 20.97 Evaluated at bid price : 20.97 Bid-YTW : 6.35 % |
| CCS.PR.C | Insurance Straight | 1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 19.25 Evaluated at bid price : 19.25 Bid-YTW : 6.53 % |
| BN.PF.J | FixedReset Disc | 2.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 8.07 % |
| MIC.PR.A | Perpetual-Discount | 4.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 20.02 Evaluated at bid price : 20.02 Bid-YTW : 6.78 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| TRP.PR.E | FixedReset Disc | 104,285 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 15.15 Evaluated at bid price : 15.15 Bid-YTW : 9.90 % |
| GWO.PR.N | FixedReset Ins Non | 36,060 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 11.99 Evaluated at bid price : 11.99 Bid-YTW : 9.16 % |
| IFC.PR.C | FixedReset Disc | 24,340 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 17.30 Evaluated at bid price : 17.30 Bid-YTW : 8.34 % |
| TRP.PR.C | FixedReset Disc | 23,348 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 10.50 Evaluated at bid price : 10.50 Bid-YTW : 11.01 % |
| CM.PR.P | FixedReset Disc | 23,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 16.84 Evaluated at bid price : 16.84 Bid-YTW : 8.67 % |
| TRP.PR.D | FixedReset Disc | 21,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-06-20 Maturity Price : 15.55 Evaluated at bid price : 15.55 Bid-YTW : 9.89 % |
| There were 16 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: 17.02 – 18.02 Spot Rate : 1.0000 Average : 0.6277 YTW SCENARIO |
| RY.PR.N | Perpetual-Discount | Quote: 21.20 – 22.04 Spot Rate : 0.8400 Average : 0.5406 YTW SCENARIO |
| RY.PR.O | Perpetual-Discount | Quote: 21.05 – 21.84 Spot Rate : 0.7900 Average : 0.5754 YTW SCENARIO |
| RY.PR.J | FixedReset Disc | Quote: 18.25 – 18.82 Spot Rate : 0.5700 Average : 0.3686 YTW SCENARIO |
| CU.PR.G | Perpetual-Discount | Quote: 17.75 – 18.70 Spot Rate : 0.9500 Average : 0.7635 YTW SCENARIO |
| BIP.PR.E | FixedReset Disc | Quote: 20.06 – 20.70 Spot Rate : 0.6400 Average : 0.4776 YTW SCENARIO |