| 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 | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0890 % | 2,172.2 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0890 % | 4,166.2 |
| Floater | 11.21 % | 11.40 % | 29,996 | 8.53 | 2 | 0.0890 % | 2,401.0 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.8460 % | 3,261.2 |
| SplitShare | 5.13 % | 8.77 % | 40,472 | 1.90 | 7 | -0.8460 % | 3,894.6 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.8460 % | 3,038.7 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.3024 % | 2,445.7 |
| Perpetual-Discount | 7.02 % | 7.15 % | 41,862 | 12.41 | 31 | -0.3024 % | 2,666.9 |
| FixedReset Disc | 6.10 % | 9.32 % | 101,354 | 10.47 | 55 | 0.0507 % | 2,093.4 |
| Insurance Straight | 6.90 % | 7.05 % | 58,421 | 12.49 | 16 | -0.0665 % | 2,605.8 |
| FloatingReset | 11.04 % | 11.25 % | 36,557 | 8.63 | 1 | 1.2081 % | 2,425.5 |
| FixedReset Prem | 4.76 % | 5.51 % | 405,548 | 0.12 | 1 | 0.0000 % | 2,297.3 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0507 % | 2,139.9 |
| FixedReset Ins Non | 6.25 % | 9.12 % | 60,982 | 10.94 | 14 | -0.0170 % | 2,274.3 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| PVS.PR.J | SplitShare | -2.50 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2028-02-29 Maturity Price : 25.00 Evaluated at bid price : 20.67 Bid-YTW : 9.52 % |
| PVS.PR.H | SplitShare | -2.02 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2027-02-28 Maturity Price : 25.00 Evaluated at bid price : 21.85 Bid-YTW : 9.38 % |
| SLF.PR.G | FixedReset Ins Non | -1.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-10-16 Maturity Price : 13.22 Evaluated at bid price : 13.22 Bid-YTW : 9.86 % |
| BN.PR.Z | FixedReset Disc | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-10-16 Maturity Price : 16.83 Evaluated at bid price : 16.83 Bid-YTW : 10.30 % |
| SLF.PR.J | FloatingReset | 1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-10-16 Maturity Price : 15.08 Evaluated at bid price : 15.08 Bid-YTW : 11.25 % |
| BN.PR.X | FixedReset Disc | 1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-10-16 Maturity Price : 13.07 Evaluated at bid price : 13.07 Bid-YTW : 10.90 % |
| BN.PF.B | FixedReset Disc | 1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-10-16 Maturity Price : 16.96 Evaluated at bid price : 16.96 Bid-YTW : 10.16 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| GWO.PR.N | FixedReset Ins Non | 343,884 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-10-16 Maturity Price : 12.65 Evaluated at bid price : 12.65 Bid-YTW : 9.63 % |
| FTS.PR.M | FixedReset Disc | 187,689 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-10-16 Maturity Price : 16.64 Evaluated at bid price : 16.64 Bid-YTW : 9.97 % |
| SLF.PR.J | FloatingReset | 169,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-10-16 Maturity Price : 15.08 Evaluated at bid price : 15.08 Bid-YTW : 11.25 % |
| BN.PF.G | FixedReset Disc | 123,756 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-10-16 Maturity Price : 14.55 Evaluated at bid price : 14.55 Bid-YTW : 11.38 % |
| CM.PR.O | FixedReset Disc | 67,796 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-10-16 Maturity Price : 17.78 Evaluated at bid price : 17.78 Bid-YTW : 9.05 % |
| MFC.PR.C | Insurance Straight | 42,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-10-16 Maturity Price : 16.65 Evaluated at bid price : 16.65 Bid-YTW : 6.85 % |
| There were 11 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| BN.PF.A | FixedReset Disc | Quote: 18.50 – 20.04 Spot Rate : 1.5400 Average : 0.8531 YTW SCENARIO |
| PWF.PR.Z | Perpetual-Discount | Quote: 18.00 – 19.72 Spot Rate : 1.7200 Average : 1.0557 YTW SCENARIO |
| CU.PR.I | FixedReset Disc | Quote: 21.20 – 23.32 Spot Rate : 2.1200 Average : 1.6962 YTW SCENARIO |
| BN.PF.G | FixedReset Disc | Quote: 14.55 – 15.45 Spot Rate : 0.9000 Average : 0.5719 YTW SCENARIO |
| SLF.PR.G | FixedReset Ins Non | Quote: 13.22 – 14.00 Spot Rate : 0.7800 Average : 0.5988 YTW SCENARIO |
| PWF.PR.E | Perpetual-Discount | Quote: 19.20 – 19.88 Spot Rate : 0.6800 Average : 0.5247 YTW SCENARIO |
New Pref issue (only, no new capital shares) by LBS:
LIFE & BANC SPLIT CORP. ANNOUNCES PREFERRED SHARE OFFERING, from 14 hours ago by Dow Jones
14 hours ago by Dow Jones
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
TORONTO, Oct. 16, 2023 /CNW/ – (TSX: LBS) (TSX: LBS.PR.A) Life & Banc Split Banc Corp. (the “Company”) is pleased to announce it is undertaking a treasury offering of preferred shares (“Preferred Shares”) (the “Offering”).
The sales period for this offering is expected to end on Wednesday, October 18, 2023. The offering is expected to close on or about October 31, 2023 and is subject to certain closing conditions including approval by the Toronto Stock Exchange (“TSX”).
The Preferred Shares will be offered at a price of $9.60 per Preferred Share for a yield to maturity of 8.3%.((1) The closing price on the TSX for the Preferred Shares on October 13, 2023 was $9.72. The offering is being led by RBC Capital Markets.
The dividend rate for NA.PR.G was reset to 7.056%, giving it a current yield of about 7.85%.
https://www.nbc.ca/about-us/news-media/press-release/2023/20231017-nbc-dividend-rates-conversion-rights-series-42.html
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