| 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 | 0.8177 % | 2,354.7 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.8177 % | 4,516.3 |
| Floater | 10.22 % | 10.47 % | 61,958 | 9.11 | 1 | 0.8177 % | 2,602.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5805 % | 3,472.4 |
| SplitShare | 4.84 % | 6.80 % | 35,336 | 1.39 | 8 | 0.5805 % | 4,146.8 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5805 % | 3,235.5 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2392 % | 2,688.3 |
| Perpetual-Discount | 6.38 % | 6.56 % | 54,256 | 13.12 | 27 | -0.2392 % | 2,931.5 |
| FixedReset Disc | 5.18 % | 6.97 % | 120,388 | 11.83 | 57 | -0.0772 % | 2,580.1 |
| Insurance Straight | 6.30 % | 6.49 % | 56,691 | 13.17 | 21 | -0.2275 % | 2,880.7 |
| FloatingReset | 9.04 % | 9.22 % | 28,533 | 10.11 | 2 | 0.1497 % | 2,823.4 |
| FixedReset Prem | 6.94 % | 6.24 % | 192,461 | 3.10 | 2 | -0.0591 % | 2,526.2 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0772 % | 2,637.3 |
| FixedReset Ins Non | 5.02 % | 7.01 % | 81,889 | 12.85 | 14 | -0.0954 % | 2,829.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PR.M | Perpetual-Discount | -5.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-13 Maturity Price : 17.40 Evaluated at bid price : 17.40 Bid-YTW : 6.95 % |
| IFC.PR.A | FixedReset Ins Non | -4.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-13 Maturity Price : 18.60 Evaluated at bid price : 18.60 Bid-YTW : 7.33 % |
| IFC.PR.I | Insurance Straight | -2.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-13 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 6.60 % |
| GWO.PR.G | Insurance Straight | -1.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-13 Maturity Price : 20.10 Evaluated at bid price : 20.10 Bid-YTW : 6.58 % |
| BN.PR.N | Perpetual-Discount | -1.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-13 Maturity Price : 17.83 Evaluated at bid price : 17.83 Bid-YTW : 6.78 % |
| PWF.PR.T | FixedReset Disc | -1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-13 Maturity Price : 21.50 Evaluated at bid price : 21.79 Bid-YTW : 6.94 % |
| BMO.PR.Y | FixedReset Disc | -1.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-13 Maturity Price : 22.98 Evaluated at bid price : 23.46 Bid-YTW : 6.68 % |
| IFC.PR.G | FixedReset Ins Non | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-13 Maturity Price : 22.65 Evaluated at bid price : 23.60 Bid-YTW : 6.71 % |
| POW.PR.D | Perpetual-Discount | 1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-13 Maturity Price : 19.60 Evaluated at bid price : 19.60 Bid-YTW : 6.47 % |
| IFC.PR.E | Insurance Straight | 1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-13 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 6.29 % |
| NA.PR.W | FixedReset Disc | 1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-13 Maturity Price : 21.72 Evaluated at bid price : 22.15 Bid-YTW : 6.77 % |
| CM.PR.P | FixedReset Disc | 1.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-13 Maturity Price : 22.73 Evaluated at bid price : 23.37 Bid-YTW : 6.39 % |
| PWF.PR.P | FixedReset Disc | 1.78 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-13 Maturity Price : 15.46 Evaluated at bid price : 15.46 Bid-YTW : 8.07 % |
| PVS.PR.H | SplitShare | 4.35 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2027-02-28 Maturity Price : 25.00 Evaluated at bid price : 24.00 Bid-YTW : 6.67 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BMO.PR.S | FixedReset Disc | 38,500 | YTW SCENARIO Maturity Type : Call Maturity Date : 2024-06-24 Maturity Price : 25.00 Evaluated at bid price : 24.95 Bid-YTW : 4.54 % |
| FTS.PR.H | FixedReset Disc | 31,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-13 Maturity Price : 15.25 Evaluated at bid price : 15.25 Bid-YTW : 8.36 % |
| TD.PF.D | FixedReset Disc | 26,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-13 Maturity Price : 22.67 Evaluated at bid price : 23.15 Bid-YTW : 6.84 % |
| SLF.PR.G | FixedReset Ins Non | 25,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-05-13 Maturity Price : 17.05 Evaluated at bid price : 17.05 Bid-YTW : 7.39 % |
| RY.PR.Z | FixedReset Disc | 22,300 | YTW SCENARIO Maturity Type : Call Maturity Date : 2024-06-23 Maturity Price : 25.00 Evaluated at bid price : 24.95 Bid-YTW : 4.54 % |
| BMO.PR.F | FixedReset Disc | 20,900 | YTW SCENARIO Maturity Type : Call Maturity Date : 2024-06-24 Maturity Price : 25.00 Evaluated at bid price : 24.95 Bid-YTW : 5.45 % |
| There were 11 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| IFC.PR.A | FixedReset Ins Non | Quote: 18.60 – 19.55 Spot Rate : 0.9500 Average : 0.6791 YTW SCENARIO |
| GWO.PR.T | Insurance Straight | Quote: 20.03 – 20.61 Spot Rate : 0.5800 Average : 0.3908 YTW SCENARIO |
| IFC.PR.I | Insurance Straight | Quote: 20.80 – 21.79 Spot Rate : 0.9900 Average : 0.8103 YTW SCENARIO |
| BN.PR.Z | FixedReset Disc | Quote: 20.05 – 21.05 Spot Rate : 1.0000 Average : 0.8220 YTW SCENARIO |
| GWO.PR.G | Insurance Straight | Quote: 20.10 – 20.60 Spot Rate : 0.5000 Average : 0.3251 YTW SCENARIO |
| BN.PR.M | Perpetual-Discount | Quote: 17.40 – 18.13 Spot Rate : 0.7300 Average : 0.5568 YTW SCENARIO |
EFN C is being redeemed & confirmed they still intend to do EFN E as well. Press release doesn’t appear to be on web site yet.
CPX K hasn’t been announced but the deal to fund the redemption has been. https://www.capitalpower.com/media/media_releases/capital-power-considers-hybrid-subordinated-notes-offering/
There it is:
https://www.elementfleet.com/news/news-releases/element-reports-record-first-quarter-results
[…] Thanks to Assiduous Reader IrateAR for bringing this to my attention! […]
[…] Thanks to Assiduous Reader IrateAR for bringing this to my attention! […]