Another new 52-week high for the TXPR price index, as it closed at the day’s high of 609.72 compared to the old mark of 609.04 set yesterday. BOR-RING!
| 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 | 0.8720 % | 2,345.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.8720 % | 4,566.6 |
| Floater | 6.81 % | 6.88 % | 78,776 | 12.70 | 2 | 0.8720 % | 2,631.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1407 % | 3,674.0 |
| SplitShare | 4.76 % | 4.31 % | 59,050 | 2.45 | 7 | 0.1407 % | 4,387.6 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1407 % | 3,423.3 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1811 % | 2,987.0 |
| Perpetual-Discount | 5.76 % | 5.84 % | 46,726 | 14.12 | 32 | 0.1811 % | 3,257.2 |
| FixedReset Disc | 5.65 % | 6.30 % | 129,018 | 13.15 | 40 | 0.1022 % | 2,976.1 |
| Insurance Straight | 5.66 % | 5.79 % | 50,170 | 14.22 | 19 | 0.7291 % | 3,201.8 |
| FloatingReset | 5.52 % | 5.36 % | 38,861 | 14.87 | 2 | 0.3099 % | 3,686.7 |
| FixedReset Prem | 5.74 % | 4.98 % | 112,743 | 2.61 | 16 | -0.0145 % | 2,625.2 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1022 % | 3,042.2 |
| FixedReset Ins Non | 5.24 % | 5.54 % | 66,579 | 14.17 | 14 | 0.0125 % | 3,052.4 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CU.PR.F | Perpetual-Discount | -6.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 18.65 Evaluated at bid price : 18.65 Bid-YTW : 6.13 % |
| ENB.PR.H | FixedReset Disc | -2.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 21.20 Evaluated at bid price : 21.20 Bid-YTW : 6.44 % |
| GWO.PR.P | Insurance Straight | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 22.93 Evaluated at bid price : 23.21 Bid-YTW : 5.86 % |
| NA.PR.I | FixedReset Prem | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 23.57 Evaluated at bid price : 26.01 Bid-YTW : 5.81 % |
| ENB.PR.J | FixedReset Disc | -1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 21.61 Evaluated at bid price : 21.87 Bid-YTW : 6.62 % |
| IFC.PR.E | Insurance Straight | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 23.51 Evaluated at bid price : 23.80 Bid-YTW : 5.50 % |
| MFC.PR.C | Insurance Straight | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 5.50 % |
| IFC.PR.F | Insurance Straight | 1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 23.44 Evaluated at bid price : 23.85 Bid-YTW : 5.59 % |
| PWF.PR.K | Perpetual-Discount | 1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 21.32 Evaluated at bid price : 21.32 Bid-YTW : 5.83 % |
| BN.PR.B | Floater | 1.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 12.75 Evaluated at bid price : 12.75 Bid-YTW : 6.88 % |
| BN.PF.B | FixedReset Disc | 2.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 22.43 Evaluated at bid price : 23.11 Bid-YTW : 6.30 % |
| FFH.PR.G | FixedReset Disc | 3.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 23.36 Evaluated at bid price : 24.38 Bid-YTW : 5.70 % |
| GWO.PR.I | Insurance Straight | 3.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 19.72 Evaluated at bid price : 19.72 Bid-YTW : 5.76 % |
| CU.PR.J | Perpetual-Discount | 4.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 5.80 % |
| ELF.PR.F | Perpetual-Discount | 4.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 22.72 Evaluated at bid price : 23.01 Bid-YTW : 5.78 % |
| IFC.PR.I | Insurance Straight | 7.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 22.61 Evaluated at bid price : 23.01 Bid-YTW : 5.91 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| TD.PF.D | FixedReset Prem | 500,200 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-08-30 Maturity Price : 25.00 Evaluated at bid price : 24.96 Bid-YTW : 5.37 % |
| FTS.PR.K | FixedReset Disc | 135,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 22.31 Evaluated at bid price : 22.90 Bid-YTW : 5.71 % |
| BN.PR.R | FixedReset Disc | 126,429 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 17.84 Evaluated at bid price : 17.84 Bid-YTW : 7.34 % |
| FTS.PR.G | FixedReset Disc | 105,845 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 22.84 Evaluated at bid price : 23.75 Bid-YTW : 5.69 % |
| SLF.PR.G | FixedReset Ins Non | 88,964 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 18.60 Evaluated at bid price : 18.60 Bid-YTW : 5.95 % |
| FFH.PR.G | FixedReset Disc | 41,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-07-17 Maturity Price : 23.36 Evaluated at bid price : 24.38 Bid-YTW : 5.70 % |
| There were 14 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 |
| CU.PR.D | Perpetual-Discount | Quote: 21.35 – 23.30 Spot Rate : 1.9500 Average : 1.1307 YTW SCENARIO |
| CU.PR.E | Perpetual-Discount | Quote: 21.30 – 22.85 Spot Rate : 1.5500 Average : 0.8745 YTW SCENARIO |
| CU.PR.F | Perpetual-Discount | Quote: 18.65 – 21.75 Spot Rate : 3.1000 Average : 2.4967 YTW SCENARIO |
| GWO.PR.H | Insurance Straight | Quote: 21.15 – 22.80 Spot Rate : 1.6500 Average : 1.1705 YTW SCENARIO |
| PVS.PR.L | SplitShare | Quote: 26.03 – 27.95 Spot Rate : 1.9200 Average : 1.6336 YTW SCENARIO |
| ENB.PR.H | FixedReset Disc | Quote: 21.20 – 21.83 Spot Rate : 0.6300 Average : 0.3719 YTW SCENARIO |