The TXPR price index set a new 52-week high today of 694.34, edging the old mark of 694.10 set yesterday.
| 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 | 0.0762 % | 2,430.1 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0762 % | 4,607.9 |
| Floater | 5.93 % | 6.12 % | 58,908 | 13.78 | 3 | 0.0762 % | 2,655.5 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0551 % | 3,669.3 |
| SplitShare | 4.76 % | 4.52 % | 71,950 | 3.17 | 5 | 0.0551 % | 4,382.0 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0551 % | 3,419.0 |
| Perpetual-Premium | 5.63 % | 5.52 % | 86,907 | 6.80 | 7 | -0.1233 % | 3,115.9 |
| Perpetual-Discount | 5.52 % | 5.62 % | 51,072 | 14.41 | 26 | 0.1345 % | 3,428.1 |
| FixedReset Disc | 5.80 % | 5.94 % | 102,274 | 13.59 | 31 | 0.1835 % | 3,148.8 |
| Insurance Straight | 5.57 % | 5.49 % | 61,728 | 14.63 | 21 | 0.0867 % | 3,261.7 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1835 % | 3,745.8 |
| FixedReset Prem | 5.89 % | 4.39 % | 98,281 | 2.22 | 20 | 0.2074 % | 2,662.8 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1835 % | 3,218.7 |
| FixedReset Ins Non | 5.25 % | 5.42 % | 80,895 | 14.42 | 13 | -0.0231 % | 3,125.7 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| IFC.PR.E | Insurance Straight | -1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-23 Maturity Price : 23.17 Evaluated at bid price : 23.47 Bid-YTW : 5.55 % |
| PWF.PR.H | Perpetual-Premium | -1.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-23 Maturity Price : 24.68 Evaluated at bid price : 25.00 Bid-YTW : 5.83 % |
| BN.PR.R | FixedReset Disc | -1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-23 Maturity Price : 20.74 Evaluated at bid price : 20.74 Bid-YTW : 6.34 % |
| PWF.PR.S | Perpetual-Discount | -1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-23 Maturity Price : 21.90 Evaluated at bid price : 22.14 Bid-YTW : 5.50 % |
| MFC.PR.Q | FixedReset Ins Non | 1.03 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-19 Maturity Price : 25.00 Evaluated at bid price : 25.55 Bid-YTW : 5.06 % |
| FTS.PR.H | FixedReset Disc | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-23 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 5.83 % |
| IFC.PR.G | FixedReset Ins Non | 1.07 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.55 Bid-YTW : 5.06 % |
| GWO.PR.Q | Insurance Straight | 1.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-23 Maturity Price : 23.03 Evaluated at bid price : 23.30 Bid-YTW : 5.54 % |
| SLF.PR.C | Insurance Straight | 2.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-23 Maturity Price : 21.81 Evaluated at bid price : 22.05 Bid-YTW : 5.05 % |
| ENB.PR.B | FixedReset Disc | 2.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-23 Maturity Price : 21.45 Evaluated at bid price : 21.45 Bid-YTW : 6.35 % |
| CU.PR.J | Perpetual-Discount | 2.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-23 Maturity Price : 21.56 Evaluated at bid price : 21.56 Bid-YTW : 5.57 % |
| BN.PR.X | FixedReset Disc | 2.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-23 Maturity Price : 19.85 Evaluated at bid price : 19.85 Bid-YTW : 6.06 % |
| ENB.PF.A | FixedReset Disc | 3.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-23 Maturity Price : 22.29 Evaluated at bid price : 22.90 Bid-YTW : 6.23 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BN.PF.H | FixedReset Prem | 191,500 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-01-30 Maturity Price : 25.00 Evaluated at bid price : 24.98 Bid-YTW : 6.52 % |
| CU.PR.K | Perpetual-Discount | 120,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-23 Maturity Price : 24.70 Evaluated at bid price : 25.10 Bid-YTW : 5.62 % |
| FFH.PR.I | FixedReset Disc | 32,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-01-30 Maturity Price : 25.00 Evaluated at bid price : 24.98 Bid-YTW : 5.45 % |
| IFC.PR.M | Perpetual-Premium | 22,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-23 Maturity Price : 24.75 Evaluated at bid price : 25.15 Bid-YTW : 5.52 % |
| POW.PR.I | Perpetual-Premium | 15,180 | YTW SCENARIO Maturity Type : Call Maturity Date : 2035-01-15 Maturity Price : 25.00 Evaluated at bid price : 25.20 Bid-YTW : 5.65 % |
| PWF.PR.H | Perpetual-Premium | 12,552 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-23 Maturity Price : 24.68 Evaluated at bid price : 25.00 Bid-YTW : 5.83 % |
| There were 3 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 |
| GWO.PR.L | Insurance Straight | Quote: 15.50 – 25.36 Spot Rate : 9.8600 Average : 7.6945 YTW SCENARIO |
| IFC.PR.I | Insurance Straight | Quote: 22.40 – 25.99 Spot Rate : 3.5900 Average : 3.2127 YTW SCENARIO |
| IFC.PR.E | Insurance Straight | Quote: 23.47 – 24.40 Spot Rate : 0.9300 Average : 0.6569 YTW SCENARIO |
| SLF.PR.G | FixedReset Ins Non | Quote: 19.26 – 20.00 Spot Rate : 0.7400 Average : 0.4866 YTW SCENARIO |
| ENB.PR.F | FixedReset Disc | Quote: 21.05 – 21.95 Spot Rate : 0.9000 Average : 0.6947 YTW SCENARIO |
| GWO.PR.G | Insurance Straight | Quote: 23.43 – 23.99 Spot Rate : 0.5600 Average : 0.3597 YTW SCENARIO |