TXPR closed at 619.34, down 0.54% on the day. Volume today was 1.34-million, above the median of the past 21 trading days.
CPD closed at 12.26, down 0.49% on the day. Volume was 70,810, third-highest of the past 21 trading days.
ZPR closed at 10.62, down 0.56% on the day. Volume was 83,450, near the median of the past 21 trading days.
Five-year Canada yields were steady at 2.96%.
| 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 | 0.6301 % | 2,263.1 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.6301 % | 4,340.6 |
| Floater | 8.41 % | 8.80 % | 28,916 | 10.48 | 4 | 0.6301 % | 2,501.5 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2399 % | 3,622.8 |
| SplitShare | 4.77 % | 4.47 % | 67,065 | 1.20 | 7 | 0.2399 % | 4,326.4 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2399 % | 3,375.6 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2161 % | 2,841.6 |
| Perpetual-Discount | 6.04 % | 6.22 % | 51,123 | 13.53 | 32 | -0.2161 % | 3,098.6 |
| FixedReset Disc | 5.42 % | 6.74 % | 102,386 | 12.76 | 53 | 0.0018 % | 2,736.6 |
| Insurance Straight | 5.95 % | 6.13 % | 60,646 | 13.63 | 21 | 0.2843 % | 3,042.5 |
| FloatingReset | 6.74 % | 6.46 % | 32,485 | 12.35 | 4 | 0.4595 % | 3,324.6 |
| FixedReset Prem | 6.14 % | 5.53 % | 175,770 | 3.73 | 10 | -0.0272 % | 2,595.3 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0018 % | 2,797.3 |
| FixedReset Ins Non | 5.22 % | 6.09 % | 85,005 | 13.76 | 14 | -0.8239 % | 2,812.0 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| IFC.PR.C | FixedReset Ins Non | -4.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 20.04 Evaluated at bid price : 20.04 Bid-YTW : 6.77 % |
| IFC.PR.A | FixedReset Ins Non | -3.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 19.10 Evaluated at bid price : 19.10 Bid-YTW : 6.30 % |
| BN.PR.Z | FixedReset Disc | -2.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 20.65 Evaluated at bid price : 20.65 Bid-YTW : 7.39 % |
| PWF.PR.S | Perpetual-Discount | -2.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 19.45 Evaluated at bid price : 19.45 Bid-YTW : 6.26 % |
| BN.PR.X | FixedReset Disc | -1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 16.35 Evaluated at bid price : 16.35 Bid-YTW : 7.40 % |
| BN.PR.N | Perpetual-Discount | -1.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 18.90 Evaluated at bid price : 18.90 Bid-YTW : 6.42 % |
| BN.PF.J | FixedReset Disc | -1.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 22.55 Evaluated at bid price : 23.20 Bid-YTW : 6.68 % |
| CU.PR.H | Perpetual-Discount | -1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 21.51 Evaluated at bid price : 21.77 Bid-YTW : 6.06 % |
| BN.PF.A | FixedReset Disc | -1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 22.81 Evaluated at bid price : 23.87 Bid-YTW : 6.47 % |
| FTS.PR.M | FixedReset Disc | -1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 20.35 Evaluated at bid price : 20.35 Bid-YTW : 6.74 % |
| ENB.PF.G | FixedReset Disc | -1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 18.00 Evaluated at bid price : 18.00 Bid-YTW : 7.68 % |
| MFC.PR.C | Insurance Straight | -1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 19.32 Evaluated at bid price : 19.32 Bid-YTW : 5.85 % |
| IFC.PR.E | Insurance Straight | -1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 21.72 Evaluated at bid price : 21.72 Bid-YTW : 6.11 % |
| PWF.PR.R | Perpetual-Discount | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 21.98 Evaluated at bid price : 22.22 Bid-YTW : 6.26 % |
| ENB.PR.F | FixedReset Disc | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 18.84 Evaluated at bid price : 18.84 Bid-YTW : 7.35 % |
| FTS.PR.F | Perpetual-Discount | 1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 21.05 Evaluated at bid price : 21.05 Bid-YTW : 5.86 % |
| PVS.PR.J | SplitShare | 1.22 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2028-02-29 Maturity Price : 25.00 Evaluated at bid price : 24.95 Bid-YTW : 4.47 % |
| BN.PF.F | FixedReset Disc | 1.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 20.53 Evaluated at bid price : 20.53 Bid-YTW : 7.26 % |
| PWF.PR.T | FixedReset Disc | 2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 22.18 Evaluated at bid price : 22.75 Bid-YTW : 5.98 % |
| FFH.PR.E | FixedReset Disc | 2.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 22.09 Evaluated at bid price : 22.70 Bid-YTW : 5.64 % |
| BN.PR.T | FixedReset Disc | 2.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 17.40 Evaluated at bid price : 17.40 Bid-YTW : 7.36 % |
| BN.PR.B | Floater | 2.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 12.14 Evaluated at bid price : 12.14 Bid-YTW : 8.81 % |
| CCS.PR.C | Insurance Straight | 3.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 20.86 Evaluated at bid price : 20.86 Bid-YTW : 6.00 % |
| BN.PF.E | FixedReset Disc | 3.87 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 18.81 Evaluated at bid price : 18.81 Bid-YTW : 7.39 % |
| SLF.PR.E | Insurance Straight | 4.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 19.85 Evaluated at bid price : 19.85 Bid-YTW : 5.68 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BN.PF.B | FixedReset Disc | 133,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 21.11 Evaluated at bid price : 21.11 Bid-YTW : 6.97 % |
| IFC.PR.A | FixedReset Ins Non | 43,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 19.10 Evaluated at bid price : 19.10 Bid-YTW : 6.30 % |
| PWF.PR.K | Perpetual-Discount | 43,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 20.17 Evaluated at bid price : 20.17 Bid-YTW : 6.22 % |
| ENB.PR.Y | FixedReset Disc | 35,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 17.87 Evaluated at bid price : 17.87 Bid-YTW : 7.52 % |
| MFC.PR.I | FixedReset Ins Non | 30,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 22.97 Evaluated at bid price : 23.93 Bid-YTW : 6.09 % |
| MFC.PR.M | FixedReset Ins Non | 28,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-12-02 Maturity Price : 21.64 Evaluated at bid price : 22.00 Bid-YTW : 6.05 % |
| There were 14 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| IFC.PR.C | FixedReset Ins Non | Quote: 20.04 – 21.25 Spot Rate : 1.2100 Average : 0.7719 YTW SCENARIO |
| BN.PF.G | FixedReset Disc | Quote: 20.14 – 21.30 Spot Rate : 1.1600 Average : 0.7587 YTW SCENARIO |
| PVS.PR.K | SplitShare | Quote: 24.79 – 26.00 Spot Rate : 1.2100 Average : 0.8736 YTW SCENARIO |
| IFC.PR.A | FixedReset Ins Non | Quote: 19.10 – 20.30 Spot Rate : 1.2000 Average : 0.8756 YTW SCENARIO |
| CU.PR.C | FixedReset Disc | Quote: 20.52 – 21.40 Spot Rate : 0.8800 Average : 0.5812 YTW SCENARIO |
| FFH.PR.F | FloatingReset | Quote: 22.05 – 22.84 Spot Rate : 0.7900 Average : 0.5174 YTW SCENARIO |