Oh, it’s wicked! Look at the price of potato chips, according to FRED:
This is of great pith and moment, since as we all know the four basic food groups are:
- potato chips
- chocolate chip cookies
- beer
- some more of them potato chips
What are we to do? Is the world ending?
| 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 | 1.9167 % | 2,335.6 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 1.9167 % | 4,479.7 |
| Floater | 10.30 % | 10.54 % | 55,614 | 9.08 | 1 | 1.9167 % | 2,581.7 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4513 % | 3,464.7 |
| SplitShare | 4.85 % | 6.92 % | 33,797 | 1.41 | 8 | 0.4513 % | 4,137.6 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4513 % | 3,228.3 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.6258 % | 2,679.2 |
| Perpetual-Discount | 6.40 % | 6.54 % | 54,492 | 13.16 | 27 | 0.6258 % | 2,921.5 |
| FixedReset Disc | 5.15 % | 7.04 % | 126,965 | 11.93 | 57 | -0.0056 % | 2,593.1 |
| Insurance Straight | 6.35 % | 6.49 % | 58,561 | 13.17 | 21 | 1.0146 % | 2,857.2 |
| FloatingReset | 9.09 % | 9.16 % | 28,773 | 10.18 | 2 | 1.6219 % | 2,819.9 |
| FixedReset Prem | 6.95 % | 6.41 % | 194,558 | 3.11 | 2 | -0.2559 % | 2,522.7 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0056 % | 2,650.7 |
| FixedReset Ins Non | 5.03 % | 6.81 % | 82,704 | 12.83 | 14 | 0.4116 % | 2,826.1 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| IFC.PR.G | FixedReset Ins Non | -3.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 22.33 Evaluated at bid price : 23.00 Bid-YTW : 6.80 % |
| MFC.PR.J | FixedReset Ins Non | -2.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 22.63 Evaluated at bid price : 23.50 Bid-YTW : 6.76 % |
| CCS.PR.C | Insurance Straight | -2.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 18.18 Evaluated at bid price : 18.18 Bid-YTW : 6.99 % |
| BN.PF.E | FixedReset Disc | -2.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 17.55 Evaluated at bid price : 17.55 Bid-YTW : 8.82 % |
| TD.PF.D | FixedReset Disc | -1.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 22.77 Evaluated at bid price : 23.25 Bid-YTW : 6.70 % |
| CM.PR.Q | FixedReset Disc | -1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 22.98 Evaluated at bid price : 23.47 Bid-YTW : 6.63 % |
| SLF.PR.E | Insurance Straight | -1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 18.37 Evaluated at bid price : 18.37 Bid-YTW : 6.21 % |
| BN.PR.R | FixedReset Disc | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 16.05 Evaluated at bid price : 16.05 Bid-YTW : 8.78 % |
| FTS.PR.J | Perpetual-Discount | 1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 19.19 Evaluated at bid price : 19.19 Bid-YTW : 6.32 % |
| PWF.PR.K | Perpetual-Discount | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 19.02 Evaluated at bid price : 19.02 Bid-YTW : 6.57 % |
| MFC.PR.L | FixedReset Ins Non | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 21.87 Evaluated at bid price : 22.35 Bid-YTW : 6.65 % |
| BIP.PR.E | FixedReset Disc | 1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 21.76 Evaluated at bid price : 22.10 Bid-YTW : 7.68 % |
| GWO.PR.P | Insurance Straight | 1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 20.96 Evaluated at bid price : 20.96 Bid-YTW : 6.54 % |
| GWO.PR.Q | Insurance Straight | 1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 20.03 Evaluated at bid price : 20.03 Bid-YTW : 6.53 % |
| PWF.PR.E | Perpetual-Discount | 1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 21.24 Evaluated at bid price : 21.24 Bid-YTW : 6.53 % |
| NA.PR.E | FixedReset Disc | 1.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 22.85 Evaluated at bid price : 24.00 Bid-YTW : 6.40 % |
| PVS.PR.H | SplitShare | 1.26 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2027-02-28 Maturity Price : 25.00 Evaluated at bid price : 24.20 Bid-YTW : 6.30 % |
| BN.PF.C | Perpetual-Discount | 1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 18.03 Evaluated at bid price : 18.03 Bid-YTW : 6.83 % |
| MFC.PR.F | FixedReset Ins Non | 1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 17.60 Evaluated at bid price : 17.60 Bid-YTW : 6.81 % |
| SLF.PR.G | FixedReset Ins Non | 1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 16.82 Evaluated at bid price : 16.82 Bid-YTW : 7.33 % |
| PWF.PR.Z | Perpetual-Discount | 1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 19.83 Evaluated at bid price : 19.83 Bid-YTW : 6.55 % |
| PVS.PR.K | SplitShare | 1.42 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2029-05-31 Maturity Price : 25.00 Evaluated at bid price : 22.80 Bid-YTW : 6.74 % |
| GWO.PR.H | Insurance Straight | 1.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 19.08 Evaluated at bid price : 19.08 Bid-YTW : 6.45 % |
| FTS.PR.H | FixedReset Disc | 1.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 15.24 Evaluated at bid price : 15.24 Bid-YTW : 8.19 % |
| CU.PR.I | FixedReset Disc | 1.61 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-01 Maturity Price : 25.00 Evaluated at bid price : 23.98 Bid-YTW : 7.11 % |
| POW.PR.B | Perpetual-Discount | 1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 20.75 Evaluated at bid price : 20.75 Bid-YTW : 6.53 % |
| FFH.PR.K | FixedReset Disc | 1.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 21.45 Evaluated at bid price : 21.45 Bid-YTW : 8.01 % |
| POW.PR.C | Perpetual-Discount | 1.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 22.42 Evaluated at bid price : 22.68 Bid-YTW : 6.46 % |
| BN.PR.B | Floater | 1.92 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 12.23 Evaluated at bid price : 12.23 Bid-YTW : 10.54 % |
| IFC.PR.F | Insurance Straight | 2.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 20.67 Evaluated at bid price : 20.67 Bid-YTW : 6.51 % |
| IFC.PR.I | Insurance Straight | 2.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 21.26 Evaluated at bid price : 21.26 Bid-YTW : 6.45 % |
| POW.PR.D | Perpetual-Discount | 2.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 19.55 Evaluated at bid price : 19.55 Bid-YTW : 6.47 % |
| GWO.PR.G | Insurance Straight | 2.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 20.15 Evaluated at bid price : 20.15 Bid-YTW : 6.55 % |
| MFC.PR.I | FixedReset Ins Non | 2.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 23.16 Evaluated at bid price : 24.55 Bid-YTW : 6.60 % |
| IFC.PR.K | Insurance Straight | 2.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 20.60 Evaluated at bid price : 20.60 Bid-YTW : 6.47 % |
| SLF.PR.J | FloatingReset | 2.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 17.40 Evaluated at bid price : 17.40 Bid-YTW : 9.41 % |
| SLF.PR.H | FixedReset Ins Non | 2.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 19.61 Evaluated at bid price : 19.61 Bid-YTW : 6.99 % |
| PWF.PR.S | Perpetual-Discount | 2.78 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 18.50 Evaluated at bid price : 18.50 Bid-YTW : 6.55 % |
| SLF.PR.C | Insurance Straight | 3.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 18.45 Evaluated at bid price : 18.45 Bid-YTW : 6.12 % |
| GWO.PR.L | Insurance Straight | 3.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 21.81 Evaluated at bid price : 22.05 Bid-YTW : 6.49 % |
| GWO.PR.N | FixedReset Ins Non | 3.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 15.35 Evaluated at bid price : 15.35 Bid-YTW : 7.64 % |
| GWO.PR.M | Insurance Straight | 3.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 22.33 Evaluated at bid price : 22.60 Bid-YTW : 6.50 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| IFC.PR.C | FixedReset Ins Non | 258,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 21.46 Evaluated at bid price : 21.46 Bid-YTW : 6.96 % |
| RY.PR.H | FixedReset Disc | 247,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 23.36 Evaluated at bid price : 24.27 Bid-YTW : 6.11 % |
| FTS.PR.H | FixedReset Disc | 143,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 15.24 Evaluated at bid price : 15.24 Bid-YTW : 8.19 % |
| RY.PR.M | FixedReset Disc | 120,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 22.74 Evaluated at bid price : 23.15 Bid-YTW : 6.50 % |
| BMO.PR.S | FixedReset Disc | 102,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2024-06-24 Maturity Price : 25.00 Evaluated at bid price : 24.92 Bid-YTW : 4.80 % |
| MFC.PR.F | FixedReset Ins Non | 84,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-06 Maturity Price : 17.60 Evaluated at bid price : 17.60 Bid-YTW : 6.81 % |
| There were 24 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| RY.PR.N | Perpetual-Discount | Quote: 22.90 – 24.20 Spot Rate : 1.3000 Average : 0.7449 YTW SCENARIO |
| IFC.PR.K | Insurance Straight | Quote: 20.60 – 22.00 Spot Rate : 1.4000 Average : 1.0305 YTW SCENARIO |
| IFC.PR.G | FixedReset Ins Non | Quote: 23.00 – 24.00 Spot Rate : 1.0000 Average : 0.6345 YTW SCENARIO |
| CCS.PR.C | Insurance Straight | Quote: 18.18 – 19.72 Spot Rate : 1.5400 Average : 1.2093 YTW SCENARIO |
| GWO.PR.I | Insurance Straight | Quote: 17.15 – 18.32 Spot Rate : 1.1700 Average : 0.9144 YTW SCENARIO |
| IFC.PR.I | Insurance Straight | Quote: 21.26 – 22.08 Spot Rate : 0.8200 Average : 0.6249 YTW SCENARIO |