The TXPR price index set a new 52-week high today of 696.71, a small jump beyond the old mark of 695.87 set 2025-12-30.
And that’s it for another year! All the best for 2026!
| 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 | -0.1771 % | 2,433.2 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1771 % | 4,613.7 |
| Floater | 5.92 % | 6.13 % | 56,933 | 13.75 | 3 | -0.1771 % | 2,658.9 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2196 % | 3,671.4 |
| SplitShare | 4.76 % | 4.43 % | 65,673 | 2.05 | 5 | -0.2196 % | 4,384.4 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2196 % | 3,420.9 |
| Perpetual-Premium | 5.64 % | 2.81 % | 93,439 | 0.09 | 7 | -0.0281 % | 3,113.6 |
| Perpetual-Discount | 5.56 % | 5.61 % | 49,865 | 14.43 | 26 | -0.7476 % | 3,400.7 |
| FixedReset Disc | 5.77 % | 5.98 % | 98,654 | 13.78 | 31 | 0.0968 % | 3,164.4 |
| Insurance Straight | 5.51 % | 5.51 % | 58,603 | 14.61 | 21 | -0.3087 % | 3,294.7 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0968 % | 3,764.3 |
| FixedReset Prem | 5.90 % | 4.38 % | 90,034 | 2.50 | 20 | -0.2640 % | 2,660.5 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0968 % | 3,234.6 |
| FixedReset Ins Non | 5.28 % | 5.35 % | 78,293 | 14.28 | 13 | -0.4858 % | 3,108.8 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CU.PR.G | Perpetual-Discount | -20.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 16.50 Evaluated at bid price : 16.50 Bid-YTW : 6.92 % |
| GWO.PR.M | Insurance Straight | -4.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 24.50 Evaluated at bid price : 24.73 Bid-YTW : 5.90 % |
| MFC.PR.M | FixedReset Ins Non | -3.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 22.86 Evaluated at bid price : 24.00 Bid-YTW : 5.56 % |
| BN.PF.D | Perpetual-Discount | -3.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 21.02 Evaluated at bid price : 21.02 Bid-YTW : 5.87 % |
| MFC.PR.L | FixedReset Ins Non | -3.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 22.85 Evaluated at bid price : 23.87 Bid-YTW : 5.48 % |
| CU.PR.C | FixedReset Disc | -2.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 23.46 Evaluated at bid price : 23.90 Bid-YTW : 5.61 % |
| TD.PF.I | FixedReset Prem | -2.06 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-10-31 Maturity Price : 25.00 Evaluated at bid price : 26.13 Bid-YTW : 4.35 % |
| FFH.PR.K | FixedReset Prem | -1.80 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.05 Bid-YTW : 4.93 % |
| TD.PF.J | FixedReset Prem | -1.33 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-04-30 Maturity Price : 25.00 Evaluated at bid price : 26.05 Bid-YTW : 4.31 % |
| ENB.PR.F | FixedReset Disc | -1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 6.66 % |
| BN.PF.B | FixedReset Disc | -1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 22.96 Evaluated at bid price : 24.05 Bid-YTW : 5.89 % |
| GWO.PR.T | Insurance Straight | -1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 22.74 Evaluated at bid price : 23.00 Bid-YTW : 5.62 % |
| GWO.PR.P | Insurance Straight | -1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 23.85 Evaluated at bid price : 24.10 Bid-YTW : 5.63 % |
| ENB.PF.A | FixedReset Disc | 1.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 22.46 Evaluated at bid price : 23.20 Bid-YTW : 6.09 % |
| ENB.PR.T | FixedReset Disc | 1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 22.62 Evaluated at bid price : 23.40 Bid-YTW : 6.06 % |
| POW.PR.D | Perpetual-Discount | 1.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 22.56 Evaluated at bid price : 22.82 Bid-YTW : 5.49 % |
| SLF.PR.E | Insurance Straight | 2.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 21.49 Evaluated at bid price : 21.75 Bid-YTW : 5.19 % |
| CU.PR.J | Perpetual-Discount | 3.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 21.44 Evaluated at bid price : 21.74 Bid-YTW : 5.51 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| POW.PR.A | Perpetual-Discount | 39,991 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-01-30 Maturity Price : 25.00 Evaluated at bid price : 25.20 Bid-YTW : -6.79 % |
| GWO.PR.P | Insurance Straight | 36,636 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 23.85 Evaluated at bid price : 24.10 Bid-YTW : 5.63 % |
| PWF.PF.A | Perpetual-Discount | 23,705 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 20.53 Evaluated at bid price : 20.53 Bid-YTW : 5.58 % |
| BN.PF.M | FixedReset Prem | 21,200 | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-01-01 Maturity Price : 25.00 Evaluated at bid price : 25.87 Bid-YTW : 5.01 % |
| CU.PR.K | Perpetual-Discount | 20,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 24.72 Evaluated at bid price : 25.12 Bid-YTW : 5.63 % |
| GWO.PR.N | FixedReset Ins Non | 13,680 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-31 Maturity Price : 18.36 Evaluated at bid price : 18.36 Bid-YTW : 5.80 % |
| There were 1 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.G | Perpetual-Discount | Quote: 16.50 – 21.21 Spot Rate : 4.7100 Average : 2.6345 YTW SCENARIO |
| GWO.PR.M | Insurance Straight | Quote: 24.73 – 25.92 Spot Rate : 1.1900 Average : 0.6807 YTW SCENARIO |
| MFC.PR.M | FixedReset Ins Non | Quote: 24.00 – 25.00 Spot Rate : 1.0000 Average : 0.5954 YTW SCENARIO |
| MFC.PR.L | FixedReset Ins Non | Quote: 23.87 – 24.87 Spot Rate : 1.0000 Average : 0.6284 YTW SCENARIO |
| TD.PF.I | FixedReset Prem | Quote: 26.13 – 27.05 Spot Rate : 0.9200 Average : 0.5980 YTW SCENARIO |
| ENB.PR.F | FixedReset Disc | Quote: 20.80 – 22.25 Spot Rate : 1.4500 Average : 1.1287 YTW SCENARIO |