TXPR closed at 583.56, down 0.72% on the day. Volume today was 2.26-million, fourth-highest of the past 21 trading days.
CPD closed at 11.57, down 0.94% on the day. Volume was 59,790, slightly above the median of the past 21 trading days.
ZPR closed at 9.85, down 1.20% on the day. Volume was 127,530, near the median by far of the past 21 trading days.
Five-year Canada yields were down to 3.38%.
| 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 | -1.0213 % | 2,221.0 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.0213 % | 4,259.9 |
| Floater | 10.46 % | 10.84 % | 58,756 | 8.78 | 1 | -1.0213 % | 2,455.0 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4997 % | 3,466.3 |
| SplitShare | 4.85 % | 6.61 % | 31,361 | 1.62 | 7 | 0.4997 % | 4,139.5 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4997 % | 3,229.8 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.6042 % | 2,669.9 |
| Perpetual-Discount | 6.45 % | 6.62 % | 54,833 | 12.97 | 28 | -0.6042 % | 2,911.4 |
| FixedReset Disc | 5.32 % | 7.53 % | 116,534 | 11.98 | 49 | -0.7919 % | 2,511.1 |
| Insurance Straight | 6.35 % | 6.46 % | 59,261 | 13.30 | 20 | -0.7354 % | 2,860.0 |
| FloatingReset | 9.43 % | 9.41 % | 36,403 | 9.90 | 3 | -1.2933 % | 2,692.9 |
| FixedReset Prem | 6.38 % | 6.99 % | 213,293 | 12.36 | 7 | -0.1703 % | 2,519.5 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.7919 % | 2,566.9 |
| FixedReset Ins Non | 5.36 % | 7.23 % | 104,410 | 12.66 | 14 | 0.0583 % | 2,650.1 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PF.J | FixedReset Disc | -5.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 21.36 Evaluated at bid price : 21.36 Bid-YTW : 7.86 % |
| BN.PR.X | FixedReset Disc | -5.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 14.96 Evaluated at bid price : 14.96 Bid-YTW : 8.89 % |
| BIP.PR.E | FixedReset Disc | -4.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 20.52 Evaluated at bid price : 20.52 Bid-YTW : 8.07 % |
| CU.PR.I | FixedReset Disc | -3.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 21.79 Evaluated at bid price : 22.28 Bid-YTW : 7.84 % |
| GWO.PR.G | Insurance Straight | -2.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 6.60 % |
| RY.PR.N | Perpetual-Discount | -2.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 22.11 Evaluated at bid price : 22.40 Bid-YTW : 5.51 % |
| CU.PR.G | Perpetual-Discount | -2.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 17.30 Evaluated at bid price : 17.30 Bid-YTW : 6.57 % |
| PWF.PR.P | FixedReset Disc | -2.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 14.57 Evaluated at bid price : 14.57 Bid-YTW : 8.24 % |
| FFH.PR.H | FloatingReset | -2.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 18.13 Evaluated at bid price : 18.13 Bid-YTW : 10.40 % |
| BN.PR.R | FixedReset Disc | -2.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 15.50 Evaluated at bid price : 15.50 Bid-YTW : 8.90 % |
| FFH.PR.M | FixedReset Disc | -2.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 22.93 Evaluated at bid price : 23.55 Bid-YTW : 7.97 % |
| BN.PF.E | FixedReset Disc | -2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 17.00 Evaluated at bid price : 17.00 Bid-YTW : 8.91 % |
| SLF.PR.E | Insurance Straight | -1.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 18.45 Evaluated at bid price : 18.45 Bid-YTW : 6.12 % |
| NA.PR.E | FixedReset Disc | -1.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 22.47 Evaluated at bid price : 23.22 Bid-YTW : 6.57 % |
| RY.PR.S | FixedReset Disc | -1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 22.73 Evaluated at bid price : 23.85 Bid-YTW : 6.23 % |
| FFH.PR.D | FloatingReset | -1.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 21.60 Evaluated at bid price : 21.60 Bid-YTW : 9.41 % |
| GWO.PR.P | Insurance Straight | -1.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 20.67 Evaluated at bid price : 20.67 Bid-YTW : 6.56 % |
| MFC.PR.C | Insurance Straight | -1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 18.25 Evaluated at bid price : 18.25 Bid-YTW : 6.20 % |
| IFC.PR.E | Insurance Straight | -1.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 20.60 Evaluated at bid price : 20.60 Bid-YTW : 6.46 % |
| BIP.PR.F | FixedReset Disc | -1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 20.05 Evaluated at bid price : 20.05 Bid-YTW : 8.11 % |
| BN.PF.F | FixedReset Disc | -1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 19.40 Evaluated at bid price : 19.40 Bid-YTW : 8.37 % |
| IFC.PR.F | Insurance Straight | -1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 6.52 % |
| FFH.PR.I | FixedReset Disc | -1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 17.76 Evaluated at bid price : 17.76 Bid-YTW : 8.63 % |
| BN.PR.M | Perpetual-Discount | -1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 17.41 Evaluated at bid price : 17.41 Bid-YTW : 6.99 % |
| BN.PF.G | FixedReset Disc | -1.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 17.67 Evaluated at bid price : 17.67 Bid-YTW : 8.82 % |
| POW.PR.G | Perpetual-Discount | -1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 21.25 Evaluated at bid price : 21.25 Bid-YTW : 6.73 % |
| MFC.PR.L | FixedReset Ins Non | -1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 20.60 Evaluated at bid price : 20.60 Bid-YTW : 6.99 % |
| BN.PF.B | FixedReset Disc | -1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 19.56 Evaluated at bid price : 19.56 Bid-YTW : 8.11 % |
| PWF.PR.Z | Perpetual-Discount | -1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 19.66 Evaluated at bid price : 19.66 Bid-YTW : 6.66 % |
| SLF.PR.D | Insurance Straight | -1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 18.43 Evaluated at bid price : 18.43 Bid-YTW : 6.06 % |
| PWF.PR.E | Perpetual-Discount | -1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 21.01 Evaluated at bid price : 21.01 Bid-YTW : 6.66 % |
| FFH.PR.K | FixedReset Disc | -1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 20.37 Evaluated at bid price : 20.37 Bid-YTW : 8.32 % |
| RY.PR.M | FixedReset Disc | -1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 21.74 Evaluated at bid price : 22.20 Bid-YTW : 6.63 % |
| FFH.PR.G | FixedReset Disc | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 17.12 Evaluated at bid price : 17.12 Bid-YTW : 8.59 % |
| GWO.PR.Y | Insurance Straight | -1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 17.45 Evaluated at bid price : 17.45 Bid-YTW : 6.48 % |
| MFC.PR.B | Insurance Straight | -1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 6.16 % |
| BN.PR.B | Floater | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 11.63 Evaluated at bid price : 11.63 Bid-YTW : 10.84 % |
| PWF.PF.A | Perpetual-Discount | 1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 17.80 Evaluated at bid price : 17.80 Bid-YTW : 6.43 % |
| SLF.PR.H | FixedReset Ins Non | 1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 18.30 Evaluated at bid price : 18.30 Bid-YTW : 7.23 % |
| MFC.PR.Q | FixedReset Ins Non | 2.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 22.00 Evaluated at bid price : 22.45 Bid-YTW : 6.78 % |
| BN.PR.T | FixedReset Disc | 2.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 15.65 Evaluated at bid price : 15.65 Bid-YTW : 8.84 % |
| PVS.PR.K | SplitShare | 2.70 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2029-05-31 Maturity Price : 25.00 Evaluated at bid price : 22.80 Bid-YTW : 6.61 % |
| SLF.PR.C | Insurance Straight | 2.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 18.70 Evaluated at bid price : 18.70 Bid-YTW : 5.97 % |
| BN.PR.Z | FixedReset Disc | 3.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 19.75 Evaluated at bid price : 19.75 Bid-YTW : 8.33 % |
| TD.PF.J | FixedReset Disc | 3.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 22.73 Evaluated at bid price : 23.71 Bid-YTW : 6.52 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| RY.PR.H | FixedReset Disc | 275,694 | YTW SCENARIO Maturity Type : Call Maturity Date : 2024-08-24 Maturity Price : 25.00 Evaluated at bid price : 24.96 Bid-YTW : 5.49 % |
| MFC.PR.K | FixedReset Ins Non | 170,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 22.09 Evaluated at bid price : 22.61 Bid-YTW : 6.59 % |
| PWF.PR.T | FixedReset Disc | 110,859 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 21.43 Evaluated at bid price : 21.70 Bid-YTW : 6.82 % |
| TD.PF.B | FixedReset Disc | 62,762 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 23.10 Evaluated at bid price : 24.25 Bid-YTW : 6.01 % |
| NA.PR.S | FixedReset Disc | 42,880 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 22.47 Evaluated at bid price : 23.35 Bid-YTW : 6.51 % |
| BMO.PR.W | FixedReset Disc | 41,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-06-13 Maturity Price : 22.42 Evaluated at bid price : 23.30 Bid-YTW : 6.15 % |
| There were 17 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| IFC.PR.E | Insurance Straight | Quote: 20.60 – 23.22 Spot Rate : 2.6200 Average : 1.6031 YTW SCENARIO |
| BIP.PR.E | FixedReset Disc | Quote: 20.52 – 22.00 Spot Rate : 1.4800 Average : 0.9072 YTW SCENARIO |
| BN.PF.J | FixedReset Disc | Quote: 21.36 – 22.78 Spot Rate : 1.4200 Average : 0.9035 YTW SCENARIO |
| TD.PF.E | FixedReset Disc | Quote: 21.10 – 22.95 Spot Rate : 1.8500 Average : 1.4673 YTW SCENARIO |
| POW.PR.G | Perpetual-Discount | Quote: 21.25 – 22.10 Spot Rate : 0.8500 Average : 0.4759 YTW SCENARIO |
| RY.PR.N | Perpetual-Discount | Quote: 22.40 – 23.29 Spot Rate : 0.8900 Average : 0.5799 YTW SCENARIO |