TXPR closed at 607.99, down 0.52% on the day. Volume today was 1.91-million, near the median of the past 21 trading days.
CPD closed at 12.08, up 0.67% on the day. Volume was 77,130, well above the median of the past 21 trading days.
ZPR closed at 10.40, down 0.76% on the day. Volume was 178,990, second-highest of the past 21 trading days.
Five-year Canada yields were down to 3.25%.
| 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 | 0.0000 % | 2,262.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0000 % | 4,340.2 |
| Floater | 9.88 % | 10.07 % | 25,642 | 9.46 | 2 | 0.0000 % | 2,501.3 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2852 % | 3,519.8 |
| SplitShare | 4.75 % | 6.70 % | 27,244 | 1.20 | 6 | -0.2852 % | 4,203.3 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2852 % | 3,279.6 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0650 % | 2,801.9 |
| Perpetual-Discount | 6.14 % | 6.27 % | 58,754 | 13.52 | 28 | 0.0650 % | 3,055.4 |
| FixedReset Disc | 5.12 % | 6.88 % | 118,612 | 12.63 | 49 | -0.4562 % | 2,639.3 |
| Insurance Straight | 6.00 % | 6.20 % | 63,049 | 13.59 | 21 | -0.1195 % | 2,975.7 |
| FloatingReset | 8.98 % | 8.88 % | 29,639 | 10.48 | 4 | -0.8637 % | 2,791.0 |
| FixedReset Prem | 5.82 % | 6.00 % | 259,816 | 12.71 | 8 | -0.2512 % | 2,538.4 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4562 % | 2,697.9 |
| FixedReset Ins Non | 5.21 % | 6.39 % | 98,693 | 13.38 | 14 | 0.1610 % | 2,821.6 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PR.X | FixedReset Disc | -4.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 16.01 Evaluated at bid price : 16.01 Bid-YTW : 7.84 % |
| IFC.PR.C | FixedReset Ins Non | -3.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 20.24 Evaluated at bid price : 20.24 Bid-YTW : 6.90 % |
| BN.PR.M | Perpetual-Discount | -2.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 18.36 Evaluated at bid price : 18.36 Bid-YTW : 6.56 % |
| BN.PR.Z | FixedReset Disc | -2.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 20.58 Evaluated at bid price : 20.58 Bid-YTW : 7.62 % |
| FFH.PR.K | FixedReset Disc | -2.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 21.45 Evaluated at bid price : 21.45 Bid-YTW : 7.57 % |
| PVS.PR.K | SplitShare | -2.29 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2029-05-31 Maturity Price : 25.00 Evaluated at bid price : 23.50 Bid-YTW : 6.09 % |
| CU.PR.C | FixedReset Disc | -2.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 20.10 Evaluated at bid price : 20.10 Bid-YTW : 7.04 % |
| BIP.PR.B | FixedReset Disc | -1.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 23.85 Evaluated at bid price : 24.25 Bid-YTW : 7.84 % |
| BN.PF.A | FixedReset Disc | -1.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 21.91 Evaluated at bid price : 22.34 Bid-YTW : 7.16 % |
| MFC.PR.C | Insurance Straight | -1.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 19.25 Evaluated at bid price : 19.25 Bid-YTW : 5.93 % |
| BN.PF.B | FixedReset Disc | -1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 20.60 Evaluated at bid price : 20.60 Bid-YTW : 7.35 % |
| IFC.PR.G | FixedReset Ins Non | -1.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 22.38 Evaluated at bid price : 23.06 Bid-YTW : 6.39 % |
| PWF.PR.P | FixedReset Disc | -1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 15.25 Evaluated at bid price : 15.25 Bid-YTW : 7.45 % |
| BIP.PR.A | FixedReset Disc | -1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 21.63 Evaluated at bid price : 22.02 Bid-YTW : 7.57 % |
| GWO.PR.N | FixedReset Ins Non | -1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 14.71 Evaluated at bid price : 14.71 Bid-YTW : 7.28 % |
| FFH.PR.I | FixedReset Disc | -1.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 18.70 Evaluated at bid price : 18.70 Bid-YTW : 7.82 % |
| FFH.PR.H | FloatingReset | -1.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 18.90 Evaluated at bid price : 18.90 Bid-YTW : 9.55 % |
| MFC.PR.I | FixedReset Ins Non | -1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 22.92 Evaluated at bid price : 23.93 Bid-YTW : 6.40 % |
| FTS.PR.G | FixedReset Disc | -1.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 21.53 Evaluated at bid price : 21.53 Bid-YTW : 6.61 % |
| BMO.PR.Y | FixedReset Disc | -1.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 23.42 Evaluated at bid price : 23.94 Bid-YTW : 6.05 % |
| BN.PF.E | FixedReset Disc | -1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 18.49 Evaluated at bid price : 18.49 Bid-YTW : 7.77 % |
| MFC.PR.J | FixedReset Ins Non | -1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 23.01 Evaluated at bid price : 24.27 Bid-YTW : 6.14 % |
| FTS.PR.M | FixedReset Disc | -1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 20.01 Evaluated at bid price : 20.01 Bid-YTW : 7.21 % |
| CM.PR.P | FixedReset Disc | -1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 23.02 Evaluated at bid price : 23.78 Bid-YTW : 5.70 % |
| FTS.PR.J | Perpetual-Discount | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 6.05 % |
| PWF.PR.Z | Perpetual-Discount | -1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 20.65 Evaluated at bid price : 20.65 Bid-YTW : 6.28 % |
| SLF.PR.G | FixedReset Ins Non | -1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 16.61 Evaluated at bid price : 16.61 Bid-YTW : 6.78 % |
| FTS.PR.H | FixedReset Disc | -1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 14.95 Evaluated at bid price : 14.95 Bid-YTW : 7.63 % |
| CU.PR.G | Perpetual-Discount | -1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 18.75 Evaluated at bid price : 18.75 Bid-YTW : 6.11 % |
| RY.PR.O | Perpetual-Discount | 1.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 23.64 Evaluated at bid price : 23.91 Bid-YTW : 5.12 % |
| BN.PF.G | FixedReset Disc | 1.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 18.70 Evaluated at bid price : 18.70 Bid-YTW : 7.95 % |
| BIP.PR.F | FixedReset Disc | 1.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 21.63 Evaluated at bid price : 21.95 Bid-YTW : 7.21 % |
| BIP.PR.E | FixedReset Disc | 1.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 22.37 Evaluated at bid price : 23.00 Bid-YTW : 6.97 % |
| POW.PR.B | Perpetual-Discount | 1.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 21.38 Evaluated at bid price : 21.65 Bid-YTW : 6.23 % |
| POW.PR.A | Perpetual-Discount | 1.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 22.36 Evaluated at bid price : 22.63 Bid-YTW : 6.24 % |
| CU.PR.J | Perpetual-Discount | 2.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 19.23 Evaluated at bid price : 19.23 Bid-YTW : 6.30 % |
| PWF.PR.L | Perpetual-Discount | 2.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 20.41 Evaluated at bid price : 20.41 Bid-YTW : 6.29 % |
| CU.PR.I | FixedReset Disc | 2.74 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 24.00 Evaluated at bid price : 24.40 Bid-YTW : 6.95 % |
| MFC.PR.L | FixedReset Ins Non | 7.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 21.65 Evaluated at bid price : 22.01 Bid-YTW : 6.35 % |
| IFC.PR.A | FixedReset Ins Non | 7.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 18.85 Evaluated at bid price : 18.85 Bid-YTW : 6.63 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BMO.PR.E | FixedReset Prem | 125,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 23.44 Evaluated at bid price : 25.75 Bid-YTW : 6.00 % |
| CM.PR.S | FixedReset Disc | 86,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 24.53 Evaluated at bid price : 24.53 Bid-YTW : 5.88 % |
| CM.PR.P | FixedReset Disc | 68,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 23.02 Evaluated at bid price : 23.78 Bid-YTW : 5.70 % |
| TD.PF.J | FixedReset Disc | 49,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 23.07 Evaluated at bid price : 24.45 Bid-YTW : 6.00 % |
| NA.PR.S | FixedReset Disc | 46,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 22.91 Evaluated at bid price : 24.27 Bid-YTW : 5.93 % |
| BIP.PR.B | FixedReset Disc | 40,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-29 Maturity Price : 23.85 Evaluated at bid price : 24.25 Bid-YTW : 7.84 % |
| There were 24 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| GWO.PR.S | Insurance Straight | Quote: 21.17 – 22.48 Spot Rate : 1.3100 Average : 0.9179 YTW SCENARIO |
| BN.PR.X | FixedReset Disc | Quote: 16.01 – 16.80 Spot Rate : 0.7900 Average : 0.5116 YTW SCENARIO |
| FTS.PR.M | FixedReset Disc | Quote: 20.01 – 20.64 Spot Rate : 0.6300 Average : 0.3929 YTW SCENARIO |
| PVS.PR.K | SplitShare | Quote: 23.50 – 24.10 Spot Rate : 0.6000 Average : 0.3649 YTW SCENARIO |
| IFC.PR.G | FixedReset Ins Non | Quote: 23.06 – 24.00 Spot Rate : 0.9400 Average : 0.7206 YTW SCENARIO |
| CCS.PR.C | Insurance Straight | Quote: 20.15 – 20.71 Spot Rate : 0.5600 Average : 0.3483 YTW SCENARIO |