A Daily Double for the Canadian preferred share market, with both TXPR and CPD making new 52-week highs.
| 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 | -0.5874 % | 2,320.7 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.5874 % | 4,451.1 |
| Floater | 7.51 % | 7.77 % | 35,573 | 11.64 | 4 | -0.5874 % | 2,565.2 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1244 % | 3,637.0 |
| SplitShare | 4.76 % | 4.53 % | 49,601 | 0.76 | 8 | 0.1244 % | 4,343.4 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1244 % | 3,388.9 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2377 % | 2,913.1 |
| Perpetual-Discount | 5.89 % | 6.00 % | 59,484 | 13.90 | 32 | 0.2377 % | 3,176.6 |
| FixedReset Disc | 5.33 % | 6.64 % | 100,815 | 12.79 | 50 | -0.3074 % | 2,853.3 |
| Insurance Straight | 5.80 % | 5.91 % | 66,685 | 13.98 | 21 | 1.8428 % | 3,123.1 |
| FloatingReset | 6.22 % | 6.31 % | 42,596 | 13.42 | 3 | 0.5607 % | 3,452.0 |
| FixedReset Prem | 5.70 % | 5.50 % | 156,840 | 3.36 | 12 | -0.0591 % | 2,584.9 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.3074 % | 2,916.6 |
| FixedReset Ins Non | 5.10 % | 6.03 % | 74,126 | 13.73 | 14 | -0.1140 % | 2,960.6 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PR.R | FixedReset Disc | -5.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 17.85 Evaluated at bid price : 17.85 Bid-YTW : 7.41 % |
| BN.PR.B | Floater | -3.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 12.05 Evaluated at bid price : 12.05 Bid-YTW : 8.03 % |
| IFC.PR.F | Insurance Straight | -2.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 21.67 Evaluated at bid price : 22.10 Bid-YTW : 6.04 % |
| MFC.PR.M | FixedReset Ins Non | -2.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 22.15 Evaluated at bid price : 22.77 Bid-YTW : 6.13 % |
| ENB.PR.N | FixedReset Disc | -2.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 22.16 Evaluated at bid price : 22.68 Bid-YTW : 6.79 % |
| BN.PR.Z | FixedReset Disc | -1.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 22.34 Evaluated at bid price : 22.83 Bid-YTW : 6.77 % |
| MFC.PR.I | FixedReset Ins Non | -1.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 23.12 Evaluated at bid price : 24.21 Bid-YTW : 6.26 % |
| ENB.PF.E | FixedReset Disc | -1.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 19.35 Evaluated at bid price : 19.35 Bid-YTW : 7.55 % |
| FTS.PR.K | FixedReset Disc | -1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 6.51 % |
| PWF.PR.G | Perpetual-Discount | -1.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 23.72 Evaluated at bid price : 24.03 Bid-YTW : 6.15 % |
| ENB.PF.K | FixedReset Disc | -1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 22.86 Evaluated at bid price : 23.80 Bid-YTW : 6.72 % |
| POW.PR.G | Perpetual-Discount | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 23.13 Evaluated at bid price : 23.39 Bid-YTW : 6.02 % |
| PWF.PR.T | FixedReset Disc | 1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 22.33 Evaluated at bid price : 22.99 Bid-YTW : 6.04 % |
| FTS.PR.F | Perpetual-Discount | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 21.65 Evaluated at bid price : 21.90 Bid-YTW : 5.67 % |
| PWF.PR.A | Floater | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 13.85 Evaluated at bid price : 13.85 Bid-YTW : 7.04 % |
| SLF.PR.J | FloatingReset | 1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 17.56 Evaluated at bid price : 17.56 Bid-YTW : 6.58 % |
| PVS.PR.J | SplitShare | 1.21 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2028-02-29 Maturity Price : 25.00 Evaluated at bid price : 25.05 Bid-YTW : 4.53 % |
| MFC.PR.B | Insurance Straight | 1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 20.60 Evaluated at bid price : 20.60 Bid-YTW : 5.72 % |
| POW.PR.D | Perpetual-Discount | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 20.96 Evaluated at bid price : 20.96 Bid-YTW : 6.01 % |
| PWF.PR.L | Perpetual-Discount | 1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 21.22 Evaluated at bid price : 21.22 Bid-YTW : 6.04 % |
| MFC.PR.C | Insurance Straight | 1.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 20.19 Evaluated at bid price : 20.19 Bid-YTW : 5.64 % |
| NA.PR.E | FixedReset Prem | 1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 23.28 Evaluated at bid price : 24.86 Bid-YTW : 5.73 % |
| GWO.PR.Y | Insurance Straight | 1.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 19.60 Evaluated at bid price : 19.60 Bid-YTW : 5.80 % |
| GWO.PR.I | Insurance Straight | 1.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 19.69 Evaluated at bid price : 19.69 Bid-YTW : 5.77 % |
| SLF.PR.C | Insurance Straight | 1.74 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 20.45 Evaluated at bid price : 20.45 Bid-YTW : 5.50 % |
| PWF.PF.A | Perpetual-Discount | 2.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 19.10 Evaluated at bid price : 19.10 Bid-YTW : 5.92 % |
| SLF.PR.D | Insurance Straight | 3.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 20.47 Evaluated at bid price : 20.47 Bid-YTW : 5.49 % |
| SLF.PR.E | Insurance Straight | 7.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 20.40 Evaluated at bid price : 20.40 Bid-YTW : 5.57 % |
| GWO.PR.T | Insurance Straight | 27.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 21.69 Evaluated at bid price : 21.69 Bid-YTW : 6.00 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| ENB.PR.Y | FixedReset Disc | 512,063 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 18.98 Evaluated at bid price : 18.98 Bid-YTW : 7.35 % |
| TD.PF.C | FixedReset Prem | 350,352 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-03-02 Maturity Price : 25.00 Evaluated at bid price : 24.96 Bid-YTW : 4.96 % |
| CU.PR.G | Perpetual-Discount | 268,593 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 19.71 Evaluated at bid price : 19.71 Bid-YTW : 5.80 % |
| BN.PR.K | Floater | 255,247 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 12.42 Evaluated at bid price : 12.42 Bid-YTW : 7.79 % |
| FFH.PR.E | FixedReset Disc | 190,087 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 21.90 Evaluated at bid price : 22.39 Bid-YTW : 5.96 % |
| CU.PR.D | Perpetual-Discount | 186,956 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-17 Maturity Price : 21.25 Evaluated at bid price : 21.25 Bid-YTW : 5.86 % |
| There were 49 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| MFC.PR.M | FixedReset Ins Non | Quote: 22.77 – 25.00 Spot Rate : 2.2300 Average : 1.2923 YTW SCENARIO |
| BN.PR.M | Perpetual-Discount | Quote: 19.25 – 20.39 Spot Rate : 1.1400 Average : 0.6746 YTW SCENARIO |
| BN.PF.G | FixedReset Disc | Quote: 21.76 – 23.70 Spot Rate : 1.9400 Average : 1.5109 YTW SCENARIO |
| BN.PR.R | FixedReset Disc | Quote: 17.85 – 19.50 Spot Rate : 1.6500 Average : 1.3585 YTW SCENARIO |
| GWO.PR.H | Insurance Straight | Quote: 20.56 – 21.70 Spot Rate : 1.1400 Average : 0.8644 YTW SCENARIO |
| BN.PR.Z | FixedReset Disc | Quote: 22.83 – 23.58 Spot Rate : 0.7500 Average : 0.4930 YTW SCENARIO |