| 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 | 0.1613 % | 2,371.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1613 % | 4,549.3 |
| Floater | 10.14 % | 10.29 % | 42,808 | 9.33 | 1 | 0.1613 % | 2,621.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0955 % | 3,435.4 |
| SplitShare | 4.90 % | 6.99 % | 32,075 | 1.78 | 7 | -0.0955 % | 4,102.6 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0955 % | 3,201.0 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.7968 % | 2,644.0 |
| Perpetual-Discount | 6.50 % | 6.62 % | 45,643 | 13.09 | 29 | -0.7968 % | 2,883.1 |
| FixedReset Disc | 5.31 % | 7.11 % | 103,564 | 12.20 | 57 | 0.1260 % | 2,509.5 |
| Insurance Straight | 6.42 % | 6.56 % | 51,488 | 13.14 | 21 | -0.5497 % | 2,827.3 |
| FloatingReset | 9.75 % | 9.77 % | 33,018 | 9.75 | 2 | 0.0000 % | 2,648.3 |
| FixedReset Prem | 6.40 % | 6.48 % | 220,553 | 3.19 | 3 | -0.2648 % | 2,513.9 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1260 % | 2,565.2 |
| FixedReset Ins Non | 5.41 % | 7.37 % | 71,561 | 12.35 | 14 | -0.0221 % | 2,624.8 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| IFC.PR.A | FixedReset Ins Non | -2.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 17.90 Evaluated at bid price : 17.90 Bid-YTW : 7.42 % |
| CU.PR.E | Perpetual-Discount | -2.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 18.80 Evaluated at bid price : 18.80 Bid-YTW : 6.62 % |
| GWO.PR.S | Insurance Straight | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 6.63 % |
| IFC.PR.F | Insurance Straight | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 20.15 Evaluated at bid price : 20.15 Bid-YTW : 6.64 % |
| IFC.PR.I | Insurance Straight | -1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 20.55 Evaluated at bid price : 20.55 Bid-YTW : 6.63 % |
| GWO.PR.Q | Insurance Straight | -1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 19.58 Evaluated at bid price : 19.58 Bid-YTW : 6.64 % |
| NA.PR.W | FixedReset Disc | -1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 20.55 Evaluated at bid price : 20.55 Bid-YTW : 7.11 % |
| FFH.PR.I | FixedReset Disc | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 17.90 Evaluated at bid price : 17.90 Bid-YTW : 8.65 % |
| MFC.PR.Q | FixedReset Ins Non | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 7.25 % |
| CU.PR.J | Perpetual-Discount | -1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 18.16 Evaluated at bid price : 18.16 Bid-YTW : 6.64 % |
| FFH.PR.G | FixedReset Disc | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 17.68 Evaluated at bid price : 17.68 Bid-YTW : 8.43 % |
| NA.PR.E | FixedReset Disc | 1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 22.09 Evaluated at bid price : 22.60 Bid-YTW : 6.78 % |
| MFC.PR.I | FixedReset Ins Non | 1.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 21.98 Evaluated at bid price : 22.36 Bid-YTW : 7.24 % |
| FTS.PR.H | FixedReset Disc | 1.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 15.40 Evaluated at bid price : 15.40 Bid-YTW : 8.03 % |
| TD.PF.B | FixedReset Disc | 8.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 23.04 Evaluated at bid price : 23.95 Bid-YTW : 6.14 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| MFC.PR.F | FixedReset Ins Non | 53,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 15.35 Evaluated at bid price : 15.35 Bid-YTW : 7.70 % |
| BMO.PR.W | FixedReset Disc | 46,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 23.05 Evaluated at bid price : 23.75 Bid-YTW : 6.20 % |
| FTS.PR.M | FixedReset Disc | 39,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 19.18 Evaluated at bid price : 19.18 Bid-YTW : 8.05 % |
| CM.PR.O | FixedReset Disc | 27,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 22.84 Evaluated at bid price : 23.73 Bid-YTW : 6.25 % |
| BMO.PR.Y | FixedReset Disc | 25,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 22.62 Evaluated at bid price : 23.06 Bid-YTW : 6.69 % |
| GWO.PR.T | Insurance Straight | 25,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-04-08 Maturity Price : 19.51 Evaluated at bid price : 19.51 Bid-YTW : 6.66 % |
| There were 5 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| FTS.PR.H | FixedReset Disc | Quote: 15.40 – 16.54 Spot Rate : 1.1400 Average : 0.6894 YTW SCENARIO |
| CU.PR.C | FixedReset Disc | Quote: 20.09 – 21.84 Spot Rate : 1.7500 Average : 1.4118 YTW SCENARIO |
| MFC.PR.J | FixedReset Ins Non | Quote: 22.30 – 22.99 Spot Rate : 0.6900 Average : 0.4193 YTW SCENARIO |
| PWF.PR.G | Perpetual-Discount | Quote: 22.38 – 22.95 Spot Rate : 0.5700 Average : 0.3895 YTW SCENARIO |
| BIP.PR.F | FixedReset Disc | Quote: 20.80 – 21.40 Spot Rate : 0.6000 Average : 0.4255 YTW SCENARIO |
| MFC.PR.Q | FixedReset Ins Non | Quote: 21.50 – 22.40 Spot Rate : 0.9000 Average : 0.7301 YTW SCENARIO |
Interesting Bloomberg article on Canadian LRCNs (subscription required?):
https://www.bloomberg.com/news/articles/2024-04-09/canadian-at1-bank-debt-rbc-rewards-investors-with-big-rally