TXPR set a new 52-week high today, with the high of 656.03 replacing the old high of 654.35 set 2025-6-5. Volume remained low.
| 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 | 0.2014 % | 2,293.4 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2014 % | 4,464.4 |
| Floater | 6.96 % | 7.01 % | 70,180 | 12.58 | 2 | 0.2014 % | 2,572.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0792 % | 3,647.3 |
| SplitShare | 4.80 % | 4.35 % | 64,564 | 2.51 | 8 | -0.0792 % | 4,355.6 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0792 % | 3,398.4 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4884 % | 2,958.0 |
| Perpetual-Discount | 5.81 % | 5.93 % | 41,875 | 13.95 | 33 | 0.4884 % | 3,225.5 |
| FixedReset Disc | 5.58 % | 6.15 % | 114,521 | 13.16 | 46 | 0.5338 % | 2,915.2 |
| Insurance Straight | 5.79 % | 5.81 % | 50,735 | 14.20 | 20 | 0.1674 % | 3,129.2 |
| FloatingReset | 5.68 % | 5.73 % | 37,446 | 14.32 | 3 | 0.2144 % | 3,628.5 |
| FixedReset Prem | 6.05 % | 5.02 % | 111,456 | 3.28 | 12 | 0.4160 % | 2,620.5 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5338 % | 2,979.9 |
| FixedReset Ins Non | 5.13 % | 5.63 % | 65,789 | 14.33 | 14 | 0.5377 % | 3,005.6 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| GWO.PR.T | Insurance Straight | -6.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 6.32 % |
| GWO.PR.I | Insurance Straight | -2.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 18.88 Evaluated at bid price : 18.88 Bid-YTW : 6.00 % |
| CU.PR.G | Perpetual-Discount | -1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 19.10 Evaluated at bid price : 19.10 Bid-YTW : 5.96 % |
| BIP.PR.E | FixedReset Disc | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 23.33 Evaluated at bid price : 24.75 Bid-YTW : 6.00 % |
| GWO.PR.H | Insurance Straight | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 21.02 Evaluated at bid price : 21.02 Bid-YTW : 5.80 % |
| POW.PR.D | Perpetual-Discount | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 21.52 Evaluated at bid price : 21.78 Bid-YTW : 5.74 % |
| TD.PF.I | FixedReset Prem | 1.07 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-10-31 Maturity Price : 25.00 Evaluated at bid price : 26.33 Bid-YTW : 4.35 % |
| FTS.PR.H | FixedReset Disc | 1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 17.45 Evaluated at bid price : 17.45 Bid-YTW : 6.15 % |
| BN.PF.B | FixedReset Disc | 1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 22.01 Evaluated at bid price : 22.45 Bid-YTW : 6.28 % |
| BN.PF.E | FixedReset Disc | 1.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 19.96 Evaluated at bid price : 19.96 Bid-YTW : 6.70 % |
| POW.PR.B | Perpetual-Discount | 1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 22.60 Evaluated at bid price : 22.85 Bid-YTW : 5.86 % |
| MFC.PR.Q | FixedReset Ins Non | 1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 23.29 Evaluated at bid price : 24.75 Bid-YTW : 5.50 % |
| SLF.PR.G | FixedReset Ins Non | 1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 18.20 Evaluated at bid price : 18.20 Bid-YTW : 5.85 % |
| BN.PR.X | FixedReset Disc | 1.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 18.05 Evaluated at bid price : 18.05 Bid-YTW : 6.44 % |
| PWF.PR.P | FixedReset Disc | 2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 17.14 Evaluated at bid price : 17.14 Bid-YTW : 6.38 % |
| IFC.PR.I | Insurance Straight | 2.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 23.23 Evaluated at bid price : 23.49 Bid-YTW : 5.77 % |
| BN.PR.M | Perpetual-Discount | 5.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 19.56 Evaluated at bid price : 19.56 Bid-YTW : 6.11 % |
| IFC.PR.F | Insurance Straight | 5.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 22.71 Evaluated at bid price : 22.97 Bid-YTW : 5.79 % |
| BN.PR.R | FixedReset Disc | 6.78 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 19.05 Evaluated at bid price : 19.05 Bid-YTW : 6.58 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| CM.PR.Q | FixedReset Disc | 586,100 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-07-31 Maturity Price : 25.00 Evaluated at bid price : 25.11 Bid-YTW : 3.42 % |
| TD.PF.D | FixedReset Disc | 416,100 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-07-31 Maturity Price : 25.00 Evaluated at bid price : 25.11 Bid-YTW : 3.57 % |
| IFC.PR.A | FixedReset Ins Non | 108,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 20.30 Evaluated at bid price : 20.30 Bid-YTW : 5.68 % |
| GWO.PR.N | FixedReset Ins Non | 45,654 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 16.85 Evaluated at bid price : 16.85 Bid-YTW : 6.03 % |
| ENB.PF.E | FixedReset Disc | 29,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 20.22 Evaluated at bid price : 20.22 Bid-YTW : 6.83 % |
| BN.PF.G | FixedReset Disc | 24,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-24 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 6.63 % |
| There were 13 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| See TMX DataLinx: ‘Last’ != ‘Close’ and the posts linked therein for an idea of why these quotes are so horrible. | ||
| Issue | Index | Quote Data and Yield Notes |
| ENB.PF.C | FixedReset Disc | Quote: 20.26 – 22.00 Spot Rate : 1.7400 Average : 0.9768 YTW SCENARIO |
| GWO.PR.T | Insurance Straight | Quote: 20.50 – 22.31 Spot Rate : 1.8100 Average : 1.1494 YTW SCENARIO |
| GWO.PR.I | Insurance Straight | Quote: 18.88 – 19.87 Spot Rate : 0.9900 Average : 0.6184 YTW SCENARIO |
| MFC.PR.M | FixedReset Ins Non | Quote: 23.40 – 24.40 Spot Rate : 1.0000 Average : 0.6706 YTW SCENARIO |
| GWO.PR.Y | Insurance Straight | Quote: 19.40 – 21.00 Spot Rate : 1.6000 Average : 1.3513 YTW SCENARIO |
| BN.PF.E | FixedReset Disc | Quote: 19.96 – 20.50 Spot Rate : 0.5400 Average : 0.3373 YTW SCENARIO |
CIBC to redeem CM.PR.Q
https://cibc.mediaroom.com/2025-06-24-CIBC-to-redeem-Non-cumulative-Rate-Reset-Class-A-Preferred-Shares-Series-43-NVCC