TXPR closed at 535.44, up 0.51% on the day, taking the price index all the way back to where it was July 24. Volume today was 961,080, second-lowest of the past 21 trading days.
CPD closed at 10.64, up 0.38% on the day. Volume was 16,060, lowest of the past 21 trading days.
ZPR closed at 9.09, up 0.11% on the day. Volume was 92,420, second-lowest of the past 21 trading days.
Five-year Canada yields were up a bit to 3.85%.
| 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 | -0.9669 % | 2,078.4 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.9669 % | 3,986.4 |
| Floater | 11.72 % | 12.05 % | 39,658 | 8.03 | 2 | -0.9669 % | 2,297.4 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0639 % | 3,352.6 |
| SplitShare | 5.01 % | 7.61 % | 55,402 | 1.83 | 8 | -0.0639 % | 4,003.7 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0639 % | 3,123.8 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2325 % | 2,537.8 |
| Perpetual-Discount | 6.73 % | 6.90 % | 51,841 | 12.65 | 33 | 0.2325 % | 2,767.3 |
| FixedReset Disc | 5.85 % | 8.30 % | 115,992 | 11.37 | 55 | 0.1864 % | 2,199.9 |
| Insurance Straight | 6.50 % | 6.72 % | 63,741 | 12.84 | 19 | 0.4662 % | 2,772.4 |
| FloatingReset | 10.50 % | 10.80 % | 32,263 | 8.84 | 1 | 1.1673 % | 2,509.1 |
| FixedReset Prem | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1864 % | 2,487.1 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1864 % | 2,248.8 |
| FixedReset Ins Non | 5.81 % | 8.00 % | 87,130 | 11.83 | 14 | -0.3223 % | 2,447.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| FTS.PR.H | FixedReset Disc | -3.74 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 12.86 Evaluated at bid price : 12.86 Bid-YTW : 9.58 % |
| PVS.PR.J | SplitShare | -2.88 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2028-02-29 Maturity Price : 25.00 Evaluated at bid price : 21.61 Bid-YTW : 8.23 % |
| IFC.PR.G | FixedReset Ins Non | -2.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 20.95 Evaluated at bid price : 20.95 Bid-YTW : 7.65 % |
| BN.PR.B | Floater | -2.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 10.71 Evaluated at bid price : 10.71 Bid-YTW : 12.15 % |
| FTS.PR.M | FixedReset Disc | -2.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 17.30 Evaluated at bid price : 17.30 Bid-YTW : 8.97 % |
| BN.PR.Z | FixedReset Disc | -1.97 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 17.45 Evaluated at bid price : 17.45 Bid-YTW : 9.64 % |
| SLF.PR.E | Insurance Straight | -1.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 18.20 Evaluated at bid price : 18.20 Bid-YTW : 6.30 % |
| BN.PF.E | FixedReset Disc | -1.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 14.27 Evaluated at bid price : 14.27 Bid-YTW : 10.75 % |
| RY.PR.M | FixedReset Disc | -1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 17.50 Evaluated at bid price : 17.50 Bid-YTW : 8.57 % |
| MFC.PR.J | FixedReset Ins Non | -1.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 7.46 % |
| RY.PR.O | Perpetual-Discount | -1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 20.55 Evaluated at bid price : 20.55 Bid-YTW : 6.00 % |
| SLF.PR.H | FixedReset Ins Non | -1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 17.07 Evaluated at bid price : 17.07 Bid-YTW : 8.02 % |
| CU.PR.I | FixedReset Disc | -1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 21.37 Evaluated at bid price : 21.69 Bid-YTW : 8.22 % |
| MFC.PR.M | FixedReset Ins Non | -1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 18.20 Evaluated at bid price : 18.20 Bid-YTW : 8.33 % |
| FTS.PR.K | FixedReset Disc | -1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 17.62 Evaluated at bid price : 17.62 Bid-YTW : 8.42 % |
| TD.PF.C | FixedReset Disc | -1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 17.54 Evaluated at bid price : 17.54 Bid-YTW : 8.54 % |
| GWO.PR.H | Insurance Straight | -1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 18.21 Evaluated at bid price : 18.21 Bid-YTW : 6.79 % |
| BN.PF.I | FixedReset Disc | -1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 17.70 Evaluated at bid price : 17.70 Bid-YTW : 10.14 % |
| BMO.PR.E | FixedReset Disc | -1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 22.41 Evaluated at bid price : 23.25 Bid-YTW : 7.03 % |
| NA.PR.E | FixedReset Disc | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 21.10 Evaluated at bid price : 21.10 Bid-YTW : 7.47 % |
| PVS.PR.K | SplitShare | 1.02 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2029-05-31 Maturity Price : 25.00 Evaluated at bid price : 21.70 Bid-YTW : 7.41 % |
| BMO.PR.T | FixedReset Disc | 1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 18.28 Evaluated at bid price : 18.28 Bid-YTW : 8.24 % |
| TD.PF.D | FixedReset Disc | 1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 18.75 Evaluated at bid price : 18.75 Bid-YTW : 8.39 % |
| PVS.PR.H | SplitShare | 1.08 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2027-02-28 Maturity Price : 25.00 Evaluated at bid price : 23.35 Bid-YTW : 6.97 % |
| GWO.PR.S | Insurance Straight | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 19.41 Evaluated at bid price : 19.41 Bid-YTW : 6.90 % |
| IFC.PR.A | FixedReset Ins Non | 1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 17.39 Evaluated at bid price : 17.39 Bid-YTW : 7.85 % |
| SLF.PR.J | FloatingReset | 1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 15.60 Evaluated at bid price : 15.60 Bid-YTW : 10.80 % |
| MFC.PR.N | FixedReset Ins Non | 1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 17.30 Evaluated at bid price : 17.30 Bid-YTW : 8.59 % |
| RY.PR.N | Perpetual-Discount | 1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 20.75 Evaluated at bid price : 20.75 Bid-YTW : 5.95 % |
| CM.PR.P | FixedReset Disc | 1.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 17.50 Evaluated at bid price : 17.50 Bid-YTW : 8.49 % |
| GWO.PR.Y | Insurance Straight | 1.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 17.50 Evaluated at bid price : 17.50 Bid-YTW : 6.55 % |
| PWF.PF.A | Perpetual-Discount | 1.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 17.00 Evaluated at bid price : 17.00 Bid-YTW : 6.70 % |
| MFC.PR.C | Insurance Straight | 1.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 18.09 Evaluated at bid price : 18.09 Bid-YTW : 6.23 % |
| BN.PF.F | FixedReset Disc | 1.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 16.60 Evaluated at bid price : 16.60 Bid-YTW : 10.06 % |
| BN.PF.H | FixedReset Disc | 1.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 20.57 Evaluated at bid price : 20.57 Bid-YTW : 9.25 % |
| BN.PR.X | FixedReset Disc | 1.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 13.70 Evaluated at bid price : 13.70 Bid-YTW : 9.99 % |
| GWO.PR.G | Insurance Straight | 2.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 19.56 Evaluated at bid price : 19.56 Bid-YTW : 6.78 % |
| TD.PF.J | FixedReset Disc | 2.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 21.31 Evaluated at bid price : 21.60 Bid-YTW : 7.39 % |
| TD.PF.A | FixedReset Disc | 2.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 18.38 Evaluated at bid price : 18.38 Bid-YTW : 8.18 % |
| BIK.PR.A | FixedReset Disc | 2.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 22.37 Evaluated at bid price : 23.20 Bid-YTW : 8.48 % |
| GWO.PR.I | Insurance Straight | 2.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 17.50 Evaluated at bid price : 17.50 Bid-YTW : 6.55 % |
| TD.PF.E | FixedReset Disc | 3.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 18.25 Evaluated at bid price : 18.25 Bid-YTW : 8.62 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| NA.PR.S | FixedReset Disc | 52,967 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 18.88 Evaluated at bid price : 18.88 Bid-YTW : 8.30 % |
| CM.PR.O | FixedReset Disc | 49,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 18.41 Evaluated at bid price : 18.41 Bid-YTW : 8.28 % |
| TD.PF.L | FixedReset Disc | 46,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 23.36 Evaluated at bid price : 24.16 Bid-YTW : 7.39 % |
| TD.PF.M | FixedReset Disc | 30,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 23.68 Evaluated at bid price : 24.31 Bid-YTW : 7.60 % |
| BMO.PR.S | FixedReset Disc | 23,658 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 19.25 Evaluated at bid price : 19.25 Bid-YTW : 8.02 % |
| BMO.PR.T | FixedReset Disc | 21,672 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-23 Maturity Price : 18.28 Evaluated at bid price : 18.28 Bid-YTW : 8.24 % |
| There were 5 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| BN.PF.F | FixedReset Disc | Quote: 16.60 – 24.99 Spot Rate : 8.3900 Average : 4.4669 YTW SCENARIO |
| IFC.PR.K | Perpetual-Discount | Quote: 20.15 – 25.15 Spot Rate : 5.0000 Average : 2.7316 YTW SCENARIO |
| CU.PR.E | Perpetual-Discount | Quote: 18.45 – 22.12 Spot Rate : 3.6700 Average : 1.9973 YTW SCENARIO |
| PWF.PR.P | FixedReset Disc | Quote: 13.10 – 16.00 Spot Rate : 2.9000 Average : 1.6637 YTW SCENARIO |
| CM.PR.Q | FixedReset Disc | Quote: 18.01 – 19.50 Spot Rate : 1.4900 Average : 0.9181 YTW SCENARIO |
| BMO.PR.T | FixedReset Disc | Quote: 18.28 – 19.50 Spot Rate : 1.2200 Average : 0.7385 YTW SCENARIO |