The TXPR Price Index set a new 52-week high today of 693.91, beating the old mark of 693.26 set October 31.
| 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 | 0.3830 % | 2,423.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3830 % | 4,596.2 |
| Floater | 5.94 % | 6.23 % | 54,247 | 13.54 | 3 | 0.3830 % | 2,648.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1404 % | 3,693.9 |
| SplitShare | 4.73 % | 4.25 % | 64,415 | 3.25 | 5 | -0.1404 % | 4,411.3 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1404 % | 3,441.8 |
| Perpetual-Premium | 5.63 % | -17.47 % | 72,902 | 0.09 | 6 | 0.1498 % | 3,130.1 |
| Perpetual-Discount | 5.41 % | 5.49 % | 47,251 | 14.58 | 25 | 0.1530 % | 3,456.0 |
| FixedReset Disc | 5.71 % | 5.89 % | 111,219 | 13.74 | 30 | 0.4567 % | 3,135.1 |
| Insurance Straight | 5.34 % | 5.39 % | 58,508 | 14.69 | 21 | -0.0951 % | 3,404.4 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4567 % | 3,729.5 |
| FixedReset Prem | 5.85 % | 4.72 % | 106,475 | 2.29 | 21 | -0.0165 % | 2,648.6 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4567 % | 3,204.7 |
| FixedReset Ins Non | 5.14 % | 5.29 % | 63,788 | 14.52 | 15 | -0.0428 % | 3,119.8 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| GWO.PR.T | Insurance Straight | -4.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 22.88 Evaluated at bid price : 23.15 Bid-YTW : 5.63 % |
| PWF.PR.K | Perpetual-Discount | -1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 22.22 Evaluated at bid price : 22.50 Bid-YTW : 5.53 % |
| MFC.PR.L | FixedReset Ins Non | -1.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 23.08 Evaluated at bid price : 24.43 Bid-YTW : 5.24 % |
| PWF.PR.R | Perpetual-Discount | -1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 24.09 Evaluated at bid price : 24.35 Bid-YTW : 5.68 % |
| NA.PR.G | FixedReset Prem | -1.27 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-11-16 Maturity Price : 25.00 Evaluated at bid price : 26.41 Bid-YTW : 5.02 % |
| IFC.PR.E | Insurance Straight | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 24.12 Evaluated at bid price : 24.40 Bid-YTW : 5.39 % |
| PWF.PR.Z | Perpetual-Discount | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 23.33 Evaluated at bid price : 23.60 Bid-YTW : 5.49 % |
| CM.PR.S | FixedReset Prem | 1.13 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-01-31 Maturity Price : 25.00 Evaluated at bid price : 26.05 Bid-YTW : 4.00 % |
| ENB.PR.F | FixedReset Disc | 1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 21.90 Evaluated at bid price : 22.15 Bid-YTW : 6.12 % |
| SLF.PR.G | FixedReset Ins Non | 1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 5.59 % |
| ENB.PR.B | FixedReset Disc | 1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 21.34 Evaluated at bid price : 21.34 Bid-YTW : 6.18 % |
| ENB.PR.H | FixedReset Disc | 1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 22.49 Evaluated at bid price : 23.05 Bid-YTW : 5.63 % |
| PWF.PR.P | FixedReset Disc | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 18.60 Evaluated at bid price : 18.60 Bid-YTW : 5.86 % |
| ENB.PR.Y | FixedReset Disc | 1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 6.18 % |
| ELF.PR.H | Perpetual-Discount | 1.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 24.30 Evaluated at bid price : 24.61 Bid-YTW : 5.64 % |
| MFC.PR.C | Insurance Straight | 1.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 22.12 Evaluated at bid price : 22.40 Bid-YTW : 5.08 % |
| ENB.PF.E | FixedReset Disc | 1.91 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 21.95 Evaluated at bid price : 22.42 Bid-YTW : 6.14 % |
| IFC.PR.F | Insurance Straight | 2.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 23.71 Evaluated at bid price : 24.00 Bid-YTW : 5.59 % |
| BN.PR.M | Perpetual-Discount | 2.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 5.61 % |
| CU.PR.C | FixedReset Disc | 3.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 23.66 Evaluated at bid price : 24.05 Bid-YTW : 5.36 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| SLF.PR.G | FixedReset Ins Non | 297,845 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 5.59 % |
| BN.PF.F | FixedReset Disc | 166,226 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 22.95 Evaluated at bid price : 24.20 Bid-YTW : 5.89 % |
| MFC.PR.L | FixedReset Ins Non | 157,289 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 23.08 Evaluated at bid price : 24.43 Bid-YTW : 5.24 % |
| ENB.PR.T | FixedReset Disc | 144,214 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 22.72 Evaluated at bid price : 23.61 Bid-YTW : 5.91 % |
| ENB.PR.F | FixedReset Disc | 114,806 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 21.90 Evaluated at bid price : 22.15 Bid-YTW : 6.12 % |
| BN.PF.A | FixedReset Prem | 106,090 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-11 Maturity Price : 23.63 Evaluated at bid price : 25.71 Bid-YTW : 5.68 % |
| There were 19 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: 22.27 – 24.50 Spot Rate : 2.2300 Average : 1.2733 YTW SCENARIO |
| GWO.PR.Z | Insurance Straight | Quote: 25.92 – 28.00 Spot Rate : 2.0800 Average : 1.3316 YTW SCENARIO |
| GWO.PR.T | Insurance Straight | Quote: 23.15 – 24.30 Spot Rate : 1.1500 Average : 0.7804 YTW SCENARIO |
| IFC.PR.I | Insurance Straight | Quote: 24.60 – 25.95 Spot Rate : 1.3500 Average : 0.9872 YTW SCENARIO |
| PWF.PR.P | FixedReset Disc | Quote: 18.60 – 19.40 Spot Rate : 0.8000 Average : 0.5579 YTW SCENARIO |
| PWF.PR.K | Perpetual-Discount | Quote: 22.50 – 23.10 Spot Rate : 0.6000 Average : 0.4053 YTW SCENARIO |
It’s the season of perpetuals…this time from Canadian Utilities.
https://www.canadianutilities.com/en-ca/about-us/news/2025/122763-canadian-utilities-limited-announces-preferred-share-issue.html
[…] Thanks to Assiduous Reader skeptical111 for bringing this to my attention! […]