The TXPR Price Index set a new 52-week high today of 686.47, erasing the prior mark of 685.28 set on Friday.
| 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 | 6.48 % | 6.93 % | 20,618 | 13.55 | 1 | 0.9756 % | 2,474.7 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1024 % | 4,571.6 |
| Floater | 6.31 % | 6.58 % | 54,524 | 13.08 | 3 | 0.1024 % | 2,634.7 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0079 % | 3,671.1 |
| SplitShare | 4.76 % | 4.49 % | 67,584 | 3.28 | 5 | 0.0079 % | 4,384.0 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0079 % | 3,420.6 |
| Perpetual-Premium | 5.47 % | -2.25 % | 72,550 | 0.08 | 7 | -0.0056 % | 3,103.8 |
| Perpetual-Discount | 5.52 % | 5.56 % | 44,031 | 14.53 | 26 | 0.3169 % | 3,417.7 |
| FixedReset Disc | 5.93 % | 5.88 % | 105,111 | 13.87 | 30 | 0.5341 % | 3,081.1 |
| Insurance Straight | 5.41 % | 5.48 % | 56,477 | 14.66 | 22 | 0.1781 % | 3,365.2 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5341 % | 3,665.3 |
| FixedReset Prem | 5.63 % | 4.70 % | 119,116 | 2.37 | 22 | -0.0619 % | 2,632.5 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5341 % | 3,149.5 |
| FixedReset Ins Non | 5.22 % | 5.28 % | 58,408 | 14.59 | 15 | 0.1103 % | 3,069.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| PWF.PR.S | Perpetual-Discount | -6.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-27 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 5.89 % |
| GWO.PR.I | Insurance Straight | -1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-27 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 5.50 % |
| SLF.PR.D | Insurance Straight | -1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-27 Maturity Price : 21.46 Evaluated at bid price : 21.46 Bid-YTW : 5.24 % |
| GWO.PR.N | FixedReset Ins Non | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-27 Maturity Price : 17.64 Evaluated at bid price : 17.64 Bid-YTW : 5.60 % |
| CU.PR.J | Perpetual-Discount | 1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-27 Maturity Price : 21.87 Evaluated at bid price : 22.20 Bid-YTW : 5.42 % |
| ENB.PF.E | FixedReset Disc | 1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-27 Maturity Price : 21.58 Evaluated at bid price : 21.90 Bid-YTW : 6.18 % |
| FTS.PR.G | FixedReset Disc | 1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-27 Maturity Price : 23.31 Evaluated at bid price : 24.73 Bid-YTW : 5.07 % |
| BN.PR.Z | FixedReset Disc | 1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-27 Maturity Price : 23.35 Evaluated at bid price : 24.50 Bid-YTW : 5.80 % |
| GWO.PR.G | Insurance Straight | 1.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-27 Maturity Price : 23.63 Evaluated at bid price : 23.90 Bid-YTW : 5.49 % |
| PWF.PR.H | Perpetual-Premium | 1.73 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-11-26 Maturity Price : 25.00 Evaluated at bid price : 25.32 Bid-YTW : -10.24 % |
| ENB.PF.C | FixedReset Disc | 2.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-27 Maturity Price : 21.59 Evaluated at bid price : 21.90 Bid-YTW : 6.19 % |
| ENB.PR.H | FixedReset Disc | 2.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-27 Maturity Price : 21.60 Evaluated at bid price : 22.01 Bid-YTW : 5.78 % |
| CU.PR.G | Perpetual-Discount | 16.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-27 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.45 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| PWF.PR.A | Floater | 113,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-27 Maturity Price : 13.74 Evaluated at bid price : 13.74 Bid-YTW : 6.01 % |
| RY.PR.M | FixedReset Prem | 67,100 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-24 Maturity Price : 25.00 Evaluated at bid price : 24.95 Bid-YTW : 4.01 % |
| SLF.PR.G | FixedReset Ins Non | 34,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-27 Maturity Price : 18.79 Evaluated at bid price : 18.79 Bid-YTW : 5.52 % |
| CU.PR.J | Perpetual-Discount | 17,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-27 Maturity Price : 21.87 Evaluated at bid price : 22.20 Bid-YTW : 5.42 % |
| FFH.PR.I | FixedReset Disc | 15,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-27 Maturity Price : 24.02 Evaluated at bid price : 24.90 Bid-YTW : 5.49 % |
| PVS.PR.J | SplitShare | 12,900 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2028-02-29 Maturity Price : 25.00 Evaluated at bid price : 25.15 Bid-YTW : 4.43 % |
| There were 4 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.PR.B | FixedReset Disc | Quote: 20.78 – 24.00 Spot Rate : 3.2200 Average : 1.7315 YTW SCENARIO |
| PWF.PR.S | Perpetual-Discount | Quote: 20.50 – 22.24 Spot Rate : 1.7400 Average : 1.0449 YTW SCENARIO |
| POW.PR.H | Perpetual-Premium | Quote: 25.75 – 26.75 Spot Rate : 1.0000 Average : 0.5692 YTW SCENARIO |
| POW.PR.B | Perpetual-Discount | Quote: 24.25 – 25.25 Spot Rate : 1.0000 Average : 0.6457 YTW SCENARIO |
| SLF.PR.D | Insurance Straight | Quote: 21.46 – 22.60 Spot Rate : 1.1400 Average : 0.7926 YTW SCENARIO |
| NA.PR.I | FixedReset Prem | Quote: 26.03 – 27.39 Spot Rate : 1.3600 Average : 1.0232 YTW SCENARIO |