TXPR closed at 513.17, down 1.18% on the day and setting a new 52-week low. Volume today was 2.05-million, third-highest of the past 21 trading days.
CPD closed at 10.25, down 0.77% on the day and setting a new 52-week low. Volume was 78,390, second-highest of the past 21 trading days.
ZPR closed at 8.60, down 1.15% on the day, but staying above its 52-week low of 8.48. Volume was 116,720, above the median of the past 21 trading days.
Five-year Canada yields were up to 4.23%.
At this rate, yields on preferreds shares are gonna be calculated as undefined over nuthin’!
| 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< br>Value |
Median Mod Dur (YTW) |
Issues | Day’s Perf. | Index Value |
| Ratchet | 0.00 % | 0.00 % | 0 | 0.0 0 |
0 | -0.4346 % | 2,213.7 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4346 % | 4,245.9 |
| Floater | 11.00 % | 11.28 % | 54,166 | 8.51 | 2 | -0.4346 % | 2,446.9 |
| OpRet | 0.00 % | 0. 00 % |
0 | 0.00 | 0 | 0.2000 % | 3,322.4 |
| SplitShare | 5.07 % | 7.46 % | 44,028 | 2.05 | 8 | 0.2000 % | 3,967.7 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2000 % | 3,095.8 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.6586 % | 2,460.3 |
| Perpetual-Discount | 6.97 % | 7.13 % |
47,862 | 12.36 | 31 | -0.6586 % | 2,682.9 |
| FixedReset Disc | 6.00 % | 9.06 % | 98,793 | 10.59 | 56 | -1.0984 % | 2,084.1 |
| Insurance Straight | 6.86 % | 7.00 % | 52,321 | 12.48 | 18 | -0.8495 % | 2,624.1 |
| FloatingReset | 11.00 % | 11.33 % | 36,962 | 8.48 | 1 | 0.0662 % | 2,430.3 |
| FixedReset Prem | 7.19 % | 7.65 % | 228,532 | 11.83 | 1 | -2.3200 % | 2,246.5 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.0984 % | 2,130.4 |
| FixedReset Ins Non | 6.57 % | 8.52 % | 86,741 | 11.12 | 10 | -1 .3362 % |
2,252.0 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| TD.PF.I | FixedReset Disc | -5.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 21.67 Evaluated at bid price : 22.00 Bid-YTW : 7.98 % |
| RY.PR.M | FixedReset Disc | -3.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 17.30 Evaluated at bid price : 17.30 Bid-YTW : 8.96 % |
| BN.PF.E | FixedReset Disc | -3.93 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 13.70 Evaluated at bid price : 13.70 Bid-YTW : 11.56 % |
| BN.PR.Z | FixedReset Disc | -2.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 17.56 Evaluated at bid price : 17.56 Bid-YTW : 9.87 % |
| NA.PR.C | FixedReset Prem | -2.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 23.01 Evaluated at bid price : 24.42 Bid-YTW : 7.65 % |
| BIK.PR.A | FixedReset Disc | -2.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 21.10 Evaluated at bid price : 21.10 Bid-YTW : 9.70 % |
| BMO.PR.T | FixedReset Disc | -2.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 16.62 Evaluated at bid price : 16.62 Bid-YTW : 9.45 % |
| IFC.PR.F | Insurance Straight | -2.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 19.30 Evaluated at bid price : 19.30 Bid-YTW : 7.00 % |
| BN.PR.R | FixedReset Disc | -2.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 12.95 Evaluated at bid price : 12.95 Bid-YTW : 11.15 % |
| NA.PR.E | FixedReset Disc | -2.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 20.05 Evaluated at bid price : 20.05 Bid-YTW : 8.13 % |
| BN.PF.G | FixedReset Disc | -2.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 14.55 Evaluated at bid price : 14.55 Bid-YTW : 11.22 % |
| TD.PF.E | FixedReset Disc | -2.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 18.01 Evaluated at bid price : 18.01 Bid-YTW : 9.01 % |
| GWO.PR.Y | Insurance Straight | -2.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 16.25 Evaluated at bid price : 16.25 Bid-YTW : 7.06 % |
| ELF.PR.F | Perpetual-Discount | -1.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 18.99 Evaluated at bid price : 18.99 Bid-YTW : 7.09 % |
| TD.PF.A | FixedReset Disc | -1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 17.02 Evaluated at bid price : 17.02 Bid-YTW : 9.21 % |
| CM.PR.O | FixedReset Disc | -1.84 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 17.11 Evaluated at bid price : 17.11 Bid-YTW : 9.28 % |
| CU.PR.I | FixedReset Disc | -1.75 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 20.25 Evaluated at bid price : 20.25 Bid-YTW : 9.06 % |
| PWF.PR.O | Perpetual-Discount | -1.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 20.27 Evaluated at bid price : 20.27 Bid-YTW : 7.25 % |
| RY.PR.N | Perpetual-Discount | -1.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 20.51 Evaluated at bid price : 20.51 Bid-YTW : 6.01 % |
| NA.PR.S | FixedReset Disc | -1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 17.61 Evaluated at bid price : 17.61 Bid-YTW : 9.29 % |
| BN.PF.B | FixedReset Disc | -1.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 16.50 Evaluated at bid price : 16.50 Bid-YTW : 10.32 % |
| BN.PR.T | FixedReset Disc | -1.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 13.30 Evaluated at bid price : 13.30 Bid-YTW : 10.81 % |
| PWF.PR.L | Perpetual-Discount | -1.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 17.98 Evaluated at bid price : 17.98 Bid-YTW : 7.19 % |
| CU.PR.C | FixedReset Disc | -1.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 17.00 Evaluated at bid price : 17.00 Bid-YTW : 9.16 % |
| CM.PR.P | FixedReset Disc | -1.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 16.36 Evaluated at bid price : 16.36 Bid-YTW : 9.45 % |
| BN.PR.N | Perpetual-Discount | -1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 16.50 Evaluated at bid price : 16.50 Bid-YTW : 7.35 % |
| NA.PR.W | FixedReset Disc | -1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 16.22 Evaluated at bid price : 16.22 Bid-YTW : 9.57 % |
| SLF.PR.E | Insurance Straight | -1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 17.16 Evaluated at bid price : 17.16 Bid-YTW : 6.68 % |
| RY.PR.J | FixedReset Disc | -1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 18.05 Evaluated at bid price : 18.05 Bid-YTW : 8.98 % |
| TD.PF.C | FixedReset Disc | -1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 16.82 Evaluated at bid price : 16.82 Bid-YTW : 9.28 % |
| BN.PF.H | FixedReset Disc | -1.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 18.85 Evaluated at bid price : 18.85 Bid-YTW : 10.32 % |
| RY.PR.S | FixedReset Disc | -1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 19.86 Evaluated at bid price : 19.86 Bid-YTW : 8.28 % |
| BMO.PR.W | FixedReset Disc | -1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 16.63 Evaluated at bid price : 16.63 Bid-YTW : 9.36 % |
| PWF.PF.A | Perpetual-Discount | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 16.05 Evaluated at bid price : 16.05 Bid-YTW : 7.10 % |
| BN.PF.F | FixedReset Disc | -1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 15.68 Evaluated at bid price : 15.68 Bid-YTW : 11.03 % |
| MFC.PR.Q | FixedReset Ins Non | -1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 19.45 Evaluated at bid price : 19.45 Bid-YTW : 8.34 % |
| BN.PF.J | FixedReset Disc | -1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 18.33 Evaluated at bid price : 18.33 Bid-YTW : 9.65 % |
| PWF.PR.H | Perpetual-Discount | -1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 20.04 Evaluated at bid price : 20.04 Bid-YTW : 7.27 % |
| GWO.PR.M | Insurance Straight | -1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 21.15 Evaluated at bid price : 21.15 Bid-YTW : 6.99 % |
| GWO.PR.P | Insurance Straight | -1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 19.25 Evaluated at bid price : 19.25 Bid-YTW : 7.16 % |
| BMO.PR.E | FixedReset Disc | -1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 21.44 Evaluated at bid price : 21.74 Bid-YTW : 7.94 % |
| BN.PR.X | FixedReset Disc | -1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 13.80 Evaluated at bid price : 13.80 Bid-YTW : 10.29 % |
| BN.PF.C | Perpetual-Discount | -1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 16.63 Evaluated at bid price : 16.63 Bid-YTW : 7.45 % |
| GWO.PR.G | Insurance Straight | -1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 18.55 Evaluated at bid price : 18.55 Bid-YTW : 7.15 % |
| POW.PR.D | Perpetual-Discount | -1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 17.83 Evaluated at bid price : 17.83 Bid-YTW : 7.13 % |
| PWF.PR.S | Perpetual-Discount | -1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 17.07 Evaluated at bid price : 17.07 Bid-YTW : 7.12 % |
| RY.PR.H | FixedReset Disc | -1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 17.30 Evaluated at bid price : 17.30 Bid-YTW : 9.12 % |
| PVS.PR.J | SplitShare | 2.73 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2028-02-29 Maturity Price : 25.00 Evaluated at bid price : 21.80 Bid-YTW : 7.81 % |
| CU.PR.D | Perpetual-Discount | 3.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 17.60 Evaluated at bid price : 17.60 Bid-YTW : 7.01 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| MFC.PR.N | FixedReset Ins Non | 204,436 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 16.39 Evaluated at bid price : 16.39 Bid-YTW : 9.42 % |
| CM.PR.P | FixedReset Disc | 71,458 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 16.36 Evaluated at bid price : 16.36 Bid-YTW : 9.45 % |
| CM.PR.O | FixedReset Disc | 65,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 17.11 Evaluated at bid price : 17.11 Bid-YTW : 9.28 % |
| TD.PF.A | FixedReset Disc | 53,973 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 17.02 Evaluated at bid price : 17.02 Bid-YTW : 9.21 % |
| BN.PF.F | FixedReset Disc | 53,810 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 15.68 Evaluated at bid price : 15.68 Bid-YTW : 11.03 % |
| TD.PF.E | FixedReset Disc | 48,325 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 18.01 Evaluated at bid price : 18.01 Bid-YTW : 9.01 % |
| There were 18 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| MFC.PR.I | FixedReset Ins Non | Quote: 19.96 – 24.24 Spot Rate : 4.2800 Average : 3.2538 YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 19.96 Evaluated at bid price : 19.96 Bid-YTW : 8.46 % |
| BN.PF.J | FixedReset Disc | Quote: 18.33 – 20.19 Spot Rate : 1.8600 Average : 1.0312 YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 18.33 Evaluated at bid price : 18.33 Bid-YTW : 9.65 % |
| MFC.PR.Q | FixedReset Ins Non | Quote: 19.45 – 22.22 Spot Rate : 2.7700 Average : 2.1528 YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 19.45 Evaluated at bid price : 19.45 Bid-YTW : 8.34 % |
| CU.PR.I | FixedReset Disc | Quote: 20.25 – 22.00 Spot Rate : 1.7500 Average : 1.1447 YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 20.25 Evaluated at bid price : 20.25 Bid-YTW : 9.06 % |
| CU.PR.C | FixedReset Disc | Quote: 17.00 – 18.49 Spot Rate : 1.4900 Average : 0.9342 YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 17.00 Evaluated at bid price : 17.00 Bid-YTW : 9.16 % |
| TD.PF.I | FixedReset Disc | Quote: 22.00 – 23.13 Spot Rate : 1.1300 Average : 0.6650 YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-08-22 Maturity Price : 21.67 Evaluated at bid price : 22.00 Bid-YTW : 7.98 % |