The TXPR price index set a new 52-week high today of 700.90, eclipsing the old mark of 700.70 set yesterday.
| 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 | -0.1305 % | 2,490.3 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1305 % | 4,722.0 |
| Floater | 5.82 % | 5.97 % | 29,071 | 13.95 | 4 | -0.1305 % | 2,721.3 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1496 % | 3,669.6 |
| SplitShare | 4.76 % | 4.48 % | 59,332 | 2.87 | 5 | 0.1496 % | 4,382.3 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1496 % | 3,419.3 |
| Perpetual-Premium | 5.86 % | -4.37 % | 59,714 | 0.08 | 1 | -0.1586 % | 3,023.3 |
| Perpetual-Discount | 5.67 % | 5.71 % | 52,975 | 14.31 | 34 | -0.0219 % | 3,341.1 |
| FixedReset Disc | 5.78 % | 5.93 % | 112,071 | 13.82 | 27 | 0.1476 % | 3,257.6 |
| Insurance Straight | 5.55 % | 5.62 % | 57,794 | 14.44 | 22 | -0.1102 % | 3,276.5 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1476 % | 3,875.2 |
| FixedReset Prem | 5.97 % | 4.53 % | 96,280 | 1.95 | 21 | -0.0073 % | 2,657.5 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1476 % | 3,329.9 |
| FixedReset Ins Non | 5.12 % | 5.36 % | 78,700 | 14.56 | 14 | -0.2581 % | 3,228.0 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PR.X | FixedReset Disc | -7.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 19.25 Evaluated at bid price : 19.25 Bid-YTW : 6.36 % |
| IFC.PR.E | Insurance Straight | -5.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 21.96 Evaluated at bid price : 22.20 Bid-YTW : 5.91 % |
| SLF.PR.G | FixedReset Ins Non | -3.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 19.79 Evaluated at bid price : 19.79 Bid-YTW : 5.63 % |
| CU.PR.F | Perpetual-Discount | -3.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 5.72 % |
| GWO.PR.I | Insurance Straight | -2.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 20.25 Evaluated at bid price : 20.25 Bid-YTW : 5.62 % |
| GWO.PR.G | Insurance Straight | -2.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 22.30 Evaluated at bid price : 22.57 Bid-YTW : 5.81 % |
| POW.PR.D | Perpetual-Discount | -2.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 21.70 Evaluated at bid price : 21.95 Bid-YTW : 5.73 % |
| BN.PF.C | Perpetual-Discount | -1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 20.45 Evaluated at bid price : 20.45 Bid-YTW : 6.00 % |
| MFC.PR.Q | FixedReset Ins Non | -1.24 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-19 Maturity Price : 25.00 Evaluated at bid price : 25.48 Bid-YTW : 5.29 % |
| BN.PR.B | Floater | -1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 13.05 Evaluated at bid price : 13.05 Bid-YTW : 6.04 % |
| ENB.PR.A | Perpetual-Discount | -1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 24.21 Evaluated at bid price : 24.50 Bid-YTW : 5.69 % |
| CU.PR.H | Perpetual-Discount | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 23.85 Evaluated at bid price : 24.10 Bid-YTW : 5.52 % |
| GWO.PR.L | Insurance Straight | 1.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 24.64 Evaluated at bid price : 24.90 Bid-YTW : 5.72 % |
| GWO.PR.Q | Insurance Straight | 1.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 22.82 Evaluated at bid price : 23.10 Bid-YTW : 5.62 % |
| BN.PR.T | FixedReset Disc | 1.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 21.94 Evaluated at bid price : 22.50 Bid-YTW : 5.89 % |
| CU.PR.D | Perpetual-Discount | 1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 21.81 Evaluated at bid price : 22.05 Bid-YTW : 5.63 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BN.PR.R | FixedReset Disc | 101,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 22.47 Evaluated at bid price : 23.37 Bid-YTW : 5.71 % |
| PWF.PR.P | FixedReset Disc | 75,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 21.08 Evaluated at bid price : 21.08 Bid-YTW : 5.53 % |
| MFC.PR.F | FixedReset Ins Non | 61,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 21.25 Evaluated at bid price : 21.25 Bid-YTW : 5.28 % |
| PWF.PR.E | Perpetual-Discount | 55,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 23.69 Evaluated at bid price : 24.00 Bid-YTW : 5.75 % |
| IFC.PR.C | FixedReset Ins Non | 54,244 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-09-30 Maturity Price : 25.00 Evaluated at bid price : 25.50 Bid-YTW : -0.61 % |
| PWF.PR.K | Perpetual-Discount | 51,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-22 Maturity Price : 21.54 Evaluated at bid price : 21.80 Bid-YTW : 5.69 % |
| There were 13 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.T | Insurance Straight | Quote: 22.50 – 25.00 Spot Rate : 2.5000 Average : 1.6692 YTW SCENARIO |
| BN.PR.X | FixedReset Disc | Quote: 19.25 – 21.06 Spot Rate : 1.8100 Average : 1.0313 YTW SCENARIO |
| GWO.PR.G | Insurance Straight | Quote: 22.57 – 24.49 Spot Rate : 1.9200 Average : 1.2109 YTW SCENARIO |
| IFC.PR.E | Insurance Straight | Quote: 22.20 – 24.25 Spot Rate : 2.0500 Average : 1.4915 YTW SCENARIO |
| POW.PR.D | Perpetual-Discount | Quote: 21.95 – 23.15 Spot Rate : 1.2000 Average : 0.7711 YTW SCENARIO |
| MFC.PR.B | Insurance Straight | Quote: 22.05 – 22.99 Spot Rate : 0.9400 Average : 0.6002 YTW SCENARIO |