TXPR closed at 607.77, up 0.53% on the day after setting a new 52-week high. Volume today was 1.53-million, near the median of the past 21 trading days.
CPD closed at 12.09, up 0.33% on the day. Volume was 173,500, second-highest of the past 21 trading days.
ZPR closed at 10.42, up 0.58% on the day after setting a new 52-week high. Volume was 128,180, above the median of the past 21 trading days.
Five-year Canada yields were up to 3.40%.
| 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 | 1.0951 % | 2,200.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 1.0951 % | 4,221.3 |
| Floater | 10.54 % | 10.73 % | 87,448 | 8.98 | 2 | 1.0951 % | 2,432.7 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0751 % | 3,513.5 |
| SplitShare | 4.76 % | 6.43 % | 29,490 | 1.22 | 6 | 0.0751 % | 4,195.9 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0751 % | 3,273.8 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.7516 % | 2,740.2 |
| Perpetual-Discount | 6.28 % | 6.44 % | 57,384 | 13.30 | 28 | 0.7516 % | 2,988.1 |
| FixedReset Disc | 5.10 % | 6.95 % | 122,197 | 12.53 | 49 | 0.6814 % | 2,653.7 |
| Insurance Straight | 6.07 % | 6.32 % | 64,229 | 13.44 | 21 | 0.0466 % | 2,941.8 |
| FloatingReset | 8.96 % | 8.72 % | 29,113 | 10.63 | 4 | 0.2427 % | 2,806.7 |
| FixedReset Prem | 5.81 % | 6.13 % | 245,554 | 11.90 | 8 | 0.0395 % | 2,538.8 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.6814 % | 2,712.6 |
| FixedReset Ins Non | 5.17 % | 6.57 % | 90,338 | 13.26 | 14 | 1.7857 % | 2,839.1 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| IFC.PR.F | Insurance Straight | -6.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 20.65 Evaluated at bid price : 20.65 Bid-YTW : 6.50 % |
| GWO.PR.T | Insurance Straight | -1.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 19.75 Evaluated at bid price : 19.75 Bid-YTW : 6.60 % |
| BIK.PR.A | FixedReset Prem | -1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 23.27 Evaluated at bid price : 25.26 Bid-YTW : 7.35 % |
| BN.PR.R | FixedReset Disc | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 16.77 Evaluated at bid price : 16.77 Bid-YTW : 8.03 % |
| POW.PR.D | Perpetual-Discount | 1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 19.65 Evaluated at bid price : 19.65 Bid-YTW : 6.42 % |
| MFC.PR.K | FixedReset Ins Non | 1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 22.79 Evaluated at bid price : 23.90 Bid-YTW : 6.11 % |
| GWO.PR.Y | Insurance Straight | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 18.12 Evaluated at bid price : 18.12 Bid-YTW : 6.28 % |
| CU.PR.J | Perpetual-Discount | 1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 18.81 Evaluated at bid price : 18.81 Bid-YTW : 6.43 % |
| BN.PF.D | Perpetual-Discount | 1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 18.50 Evaluated at bid price : 18.50 Bid-YTW : 6.71 % |
| POW.PR.G | Perpetual-Discount | 1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 21.59 Evaluated at bid price : 21.85 Bid-YTW : 6.45 % |
| BN.PR.T | FixedReset Disc | 1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 16.70 Evaluated at bid price : 16.70 Bid-YTW : 8.07 % |
| BIP.PR.F | FixedReset Disc | 1.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 21.31 Evaluated at bid price : 21.59 Bid-YTW : 7.46 % |
| BN.PR.B | Floater | 1.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 11.56 Evaluated at bid price : 11.56 Bid-YTW : 10.73 % |
| NA.PR.C | FixedReset Prem | 1.34 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 25.65 Bid-YTW : 6.05 % |
| CU.PR.E | Perpetual-Discount | 1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 19.57 Evaluated at bid price : 19.57 Bid-YTW : 6.37 % |
| GWO.PR.S | Insurance Straight | 1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 20.69 Evaluated at bid price : 20.69 Bid-YTW : 6.42 % |
| GWO.PR.N | FixedReset Ins Non | 1.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 14.82 Evaluated at bid price : 14.82 Bid-YTW : 7.45 % |
| POW.PR.B | Perpetual-Discount | 1.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 20.97 Evaluated at bid price : 20.97 Bid-YTW : 6.44 % |
| GWO.PR.G | Insurance Straight | 1.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 6.33 % |
| BIP.PR.B | FixedReset Disc | 1.65 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-31 Maturity Price : 25.00 Evaluated at bid price : 24.65 Bid-YTW : 6.81 % |
| FTS.PR.J | Perpetual-Discount | 1.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 19.68 Evaluated at bid price : 19.68 Bid-YTW : 6.14 % |
| IFC.PR.C | FixedReset Ins Non | 1.91 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 21.32 Evaluated at bid price : 21.32 Bid-YTW : 6.70 % |
| GWO.PR.M | Insurance Straight | 1.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 22.70 Evaluated at bid price : 22.99 Bid-YTW : 6.37 % |
| MFC.PR.L | FixedReset Ins Non | 2.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 21.85 Evaluated at bid price : 22.30 Bid-YTW : 6.38 % |
| BN.PF.H | FixedReset Disc | 2.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 23.80 Evaluated at bid price : 24.20 Bid-YTW : 7.60 % |
| IFC.PR.G | FixedReset Ins Non | 2.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 22.67 Evaluated at bid price : 23.60 Bid-YTW : 6.35 % |
| BN.PR.Z | FixedReset Disc | 2.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 21.04 Evaluated at bid price : 21.04 Bid-YTW : 7.58 % |
| MFC.PR.I | FixedReset Ins Non | 3.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 23.11 Evaluated at bid price : 24.35 Bid-YTW : 6.40 % |
| PWF.PR.L | Perpetual-Discount | 4.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 19.81 Evaluated at bid price : 19.81 Bid-YTW : 6.48 % |
| BN.PF.E | FixedReset Disc | 7.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 18.70 Evaluated at bid price : 18.70 Bid-YTW : 7.87 % |
| MFC.PR.Q | FixedReset Ins Non | 8.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 22.83 Evaluated at bid price : 23.93 Bid-YTW : 6.25 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| NA.PR.E | FixedReset Disc | 324,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 23.01 Evaluated at bid price : 24.32 Bid-YTW : 6.06 % |
| TD.PF.C | FixedReset Disc | 91,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 23.36 Evaluated at bid price : 24.10 Bid-YTW : 5.79 % |
| BMO.PR.T | FixedReset Disc | 78,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 23.96 Evaluated at bid price : 25.00 Bid-YTW : 5.65 % |
| FFH.PR.I | FixedReset Disc | 71,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 18.93 Evaluated at bid price : 18.93 Bid-YTW : 7.90 % |
| NA.PR.W | FixedReset Disc | 37,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 21.76 Evaluated at bid price : 22.20 Bid-YTW : 6.28 % |
| RY.PR.J | FixedReset Disc | 33,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-22 Maturity Price : 23.68 Evaluated at bid price : 24.25 Bid-YTW : 6.21 % |
| 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.F | Insurance Straight | Quote: 20.65 – 22.10 Spot Rate : 1.4500 Average : 0.9989 YTW SCENARIO |
| CU.PR.J | Perpetual-Discount | Quote: 18.81 – 19.94 Spot Rate : 1.1300 Average : 0.7138 YTW SCENARIO |
| MFC.PR.F | FixedReset Ins Non | Quote: 16.40 – 17.74 Spot Rate : 1.3400 Average : 0.9872 YTW SCENARIO |
| MFC.PR.M | FixedReset Ins Non | Quote: 21.90 – 22.90 Spot Rate : 1.0000 Average : 0.7020 YTW SCENARIO |
| MFC.PR.N | FixedReset Ins Non | Quote: 21.58 – 22.20 Spot Rate : 0.6200 Average : 0.3882 YTW SCENARIO |
| GWO.PR.G | Insurance Straight | Quote: 20.80 – 21.41 Spot Rate : 0.6100 Average : 0.4340 YTW SCENARIO |