Sorry this is late!
TXPR closed at 681.02, down 0.59% on the day. Volume today was 1.37-million, third-highest of the past 21 trading days.
CPD closed at 13.49, down 1.46% on the day. Volume was 34,101, below the median of the past 21 trading days.
ZPR closed at 11.95, down 0.83% on the day. Volume was 86,360, below the median of the past 21 trading days.
Five-year Canada yields were up to 2.83%.
| HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
|||||||
| 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 | -0.4083 % | 2,406.7 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4083 % | 4,563.4 |
| Floater | 5.99 % | 6.29 % | 54,801 | 13.44 | 3 | -0.4083 % | 2,629.9 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1018 % | 3,682.6 |
| SplitShare | 4.74 % | 4.75 % | 65,089 | 3.22 | 5 | -0.1018 % | 4,397.8 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1018 % | 3,431.4 |
| Perpetual-Premium | 5.68 % | 5.55 % | 77,183 | 6.87 | 7 | -0.1244 % | 3,089.7 |
| Perpetual-Discount | 5.56 % | 5.66 % | 47,370 | 14.39 | 25 | 0.0356 % | 3,366.6 |
| FixedReset Disc | 5.90 % | 6.08 % | 111,944 | 13.56 | 30 | -0.9044 % | 3,032.8 |
| Insurance Straight | 5.53 % | 5.60 % | 57,594 | 14.41 | 21 | -1.3320 % | 3,284.0 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.9044 % | 3,607.9 |
| FixedReset Prem | 5.90 % | 5.15 % | 106,289 | 2.69 | 21 | -0.1942 % | 2,627.6 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.9044 % | 3,100.2 |
| FixedReset Ins Non | 5.21 % | 5.45 % | 63,193 | 14.36 | 15 | -0.6015 % | 3,073.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| MFC.PR.B | Insurance Straight | -13.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 18.90 Evaluated at bid price : 18.90 Bid-YTW : 6.28 % |
| BN.PF.C | Perpetual-Discount | -6.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 19.75 Evaluated at bid price : 19.75 Bid-YTW : 6.25 % |
| PWF.PR.T | FixedReset Disc | -5.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 22.60 Evaluated at bid price : 23.31 Bid-YTW : 5.65 % |
| ENB.PR.D | FixedReset Disc | -4.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 6.60 % |
| PWF.PR.K | Perpetual-Discount | -3.78 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 21.38 Evaluated at bid price : 21.65 Bid-YTW : 5.76 % |
| MFC.PR.F | FixedReset Ins Non | -3.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 17.60 Evaluated at bid price : 17.60 Bid-YTW : 5.94 % |
| CU.PR.G | Perpetual-Discount | -3.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 5.65 % |
| MFC.PR.C | Insurance Straight | -2.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 21.05 Evaluated at bid price : 21.05 Bid-YTW : 5.44 % |
| CCS.PR.C | Insurance Straight | -2.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 21.94 Evaluated at bid price : 22.17 Bid-YTW : 5.72 % |
| GWO.PR.I | Insurance Straight | -2.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 5.58 % |
| IFC.PR.C | FixedReset Ins Non | -2.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 22.21 Evaluated at bid price : 22.95 Bid-YTW : 5.85 % |
| FTS.PR.F | Perpetual-Discount | -2.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 22.98 Evaluated at bid price : 23.25 Bid-YTW : 5.28 % |
| ENB.PF.E | FixedReset Disc | -2.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 21.35 Evaluated at bid price : 21.35 Bid-YTW : 6.40 % |
| FTS.PR.J | Perpetual-Discount | -1.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 21.94 Evaluated at bid price : 22.17 Bid-YTW : 5.37 % |
| GWO.PR.H | Insurance Straight | -1.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 21.75 Evaluated at bid price : 22.00 Bid-YTW : 5.59 % |
| ENB.PR.T | FixedReset Disc | -1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 22.00 Evaluated at bid price : 22.40 Bid-YTW : 6.18 % |
| GWO.PR.S | Insurance Straight | -1.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 23.38 Evaluated at bid price : 23.67 Bid-YTW : 5.62 % |
| ENB.PR.F | FixedReset Disc | -1.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 21.10 Evaluated at bid price : 21.10 Bid-YTW : 6.36 % |
| TD.PF.J | FixedReset Prem | -1.40 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-04-30 Maturity Price : 25.00 Evaluated at bid price : 25.44 Bid-YTW : 5.15 % |
| POW.PR.D | Perpetual-Discount | -1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 22.39 Evaluated at bid price : 22.65 Bid-YTW : 5.58 % |
| FTS.PR.K | FixedReset Disc | -1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 21.88 Evaluated at bid price : 22.20 Bid-YTW : 5.60 % |
| ENB.PF.G | FixedReset Disc | -1.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 21.52 Evaluated at bid price : 21.82 Bid-YTW : 6.34 % |
| ENB.PR.Y | FixedReset Disc | -1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 20.47 Evaluated at bid price : 20.47 Bid-YTW : 6.39 % |
| BN.PF.E | FixedReset Disc | -1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 21.47 Evaluated at bid price : 21.74 Bid-YTW : 6.18 % |
| BN.PR.T | FixedReset Disc | -1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 19.75 Evaluated at bid price : 19.75 Bid-YTW : 6.40 % |
| MFC.PR.M | FixedReset Ins Non | -1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 22.93 Evaluated at bid price : 24.20 Bid-YTW : 5.45 % |
| ENB.PR.J | FixedReset Disc | -1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 21.45 Evaluated at bid price : 21.80 Bid-YTW : 6.32 % |
| BN.PR.M | Perpetual-Discount | -1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 21.11 Evaluated at bid price : 21.11 Bid-YTW : 5.72 % |
| PWF.PR.L | Perpetual-Discount | -1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 22.45 Evaluated at bid price : 22.71 Bid-YTW : 5.66 % |
| POW.PR.B | Perpetual-Discount | -1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 23.74 Evaluated at bid price : 24.05 Bid-YTW : 5.62 % |
| FTS.PR.G | FixedReset Disc | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 23.08 Evaluated at bid price : 24.15 Bid-YTW : 5.27 % |
| BN.PF.G | FixedReset Disc | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 22.44 Evaluated at bid price : 23.25 Bid-YTW : 6.13 % |
| BN.PR.N | Perpetual-Discount | 1.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 20.90 Evaluated at bid price : 20.90 Bid-YTW : 5.78 % |
| PWF.PR.P | FixedReset Disc | 3.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 18.25 Evaluated at bid price : 18.25 Bid-YTW : 6.02 % |
| PWF.PF.A | Perpetual-Discount | 8.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 20.57 Evaluated at bid price : 20.57 Bid-YTW : 5.53 % |
| PWF.PR.S | Perpetual-Discount | 23.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 5.92 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BN.PF.I | FixedReset Prem | 226,050 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.10 Bid-YTW : 5.69 % |
| FTS.PR.M | FixedReset Disc | 51,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 22.92 Evaluated at bid price : 24.15 Bid-YTW : 5.47 % |
| MFC.PR.N | FixedReset Ins Non | 50,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 22.81 Evaluated at bid price : 23.96 Bid-YTW : 5.36 % |
| ENB.PR.T | FixedReset Disc | 35,583 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 22.00 Evaluated at bid price : 22.40 Bid-YTW : 6.18 % |
| POW.PR.H | Perpetual-Premium | 35,300 | YTW SCENARIO Maturity Type : Call Maturity Date : 2034-10-15 Maturity Price : 25.00 Evaluated at bid price : 25.35 Bid-YTW : 5.72 % |
| IFC.PR.M | Perpetual-Premium | 32,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-11-19 Maturity Price : 24.50 Evaluated at bid price : 24.89 Bid-YTW : 5.55 % |
| There were 10 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 |
| MFC.PR.B | Insurance Straight | Quote: 18.90 – 22.75 Spot Rate : 3.8500 Average : 2.3149 YTW SCENARIO |
| CCS.PR.C | Insurance Straight | Quote: 22.17 – 24.00 Spot Rate : 1.8300 Average : 1.1837 YTW SCENARIO |
| PWF.PR.T | FixedReset Disc | Quote: 23.31 – 24.90 Spot Rate : 1.5900 Average : 0.9511 YTW SCENARIO |
| PWF.PR.K | Perpetual-Discount | Quote: 21.65 – 23.19 Spot Rate : 1.5400 Average : 0.9088 YTW SCENARIO |
| BN.PF.C | Perpetual-Discount | Quote: 19.75 – 21.35 Spot Rate : 1.6000 Average : 1.1176 YTW SCENARIO |
| ENB.PR.D | FixedReset Disc | Quote: 19.80 – 20.80 Spot Rate : 1.0000 Average : 0.5844 YTW SCENARIO |