The TXPR price index set a new 52-week high today of 706.17, beating the old mark of 704.76 set yesterday. ZPR also set a new 52-week high.
| 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 | 0.8597 % | 2,522.6 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.8597 % | 4,783.3 |
| Floater | 5.69 % | 5.85 % | 45,929 | 14.10 | 3 | 0.8597 % | 2,756.6 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1340 % | 3,658.1 |
| SplitShare | 4.76 % | 4.54 % | 57,821 | 2.83 | 5 | 0.1340 % | 4,368.5 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1340 % | 3,408.5 |
| Perpetual-Premium | 5.77 % | 5.74 % | 55,306 | 6.63 | 3 | -0.0661 % | 3,043.7 |
| Perpetual-Discount | 5.62 % | 5.68 % | 51,391 | 14.34 | 30 | 0.1716 % | 3,353.1 |
| FixedReset Disc | 5.61 % | 6.03 % | 100,333 | 13.60 | 24 | 0.3835 % | 3,321.6 |
| Insurance Straight | 5.51 % | 5.56 % | 56,269 | 14.42 | 22 | -0.0020 % | 3,270.6 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3835 % | 3,951.3 |
| FixedReset Prem | 5.97 % | 4.52 % | 92,650 | 2.33 | 24 | 0.1108 % | 2,659.5 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3835 % | 3,395.3 |
| FixedReset Ins Non | 5.10 % | 5.35 % | 73,986 | 2.82 | 14 | -0.0562 % | 3,242.2 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| SLF.PR.G | FixedReset Ins Non | -3.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 19.88 Evaluated at bid price : 19.88 Bid-YTW : 5.84 % |
| IFC.PR.A | FixedReset Ins Non | -2.78 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 21.61 Evaluated at bid price : 22.02 Bid-YTW : 5.72 % |
| GWO.PR.G | Insurance Straight | -1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 22.55 Evaluated at bid price : 22.80 Bid-YTW : 5.77 % |
| SLF.PR.E | Insurance Straight | -1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 21.25 Evaluated at bid price : 21.25 Bid-YTW : 5.36 % |
| POW.PR.D | Perpetual-Discount | -1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 22.01 Evaluated at bid price : 22.25 Bid-YTW : 5.67 % |
| PWF.PR.F | Perpetual-Discount | 1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 23.09 Evaluated at bid price : 23.35 Bid-YTW : 5.65 % |
| GWO.PR.T | Insurance Straight | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 22.87 Evaluated at bid price : 23.15 Bid-YTW : 5.62 % |
| BN.PR.K | Floater | 1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 13.46 Evaluated at bid price : 13.46 Bid-YTW : 5.87 % |
| SLF.PR.C | Insurance Straight | 1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 21.41 Evaluated at bid price : 21.41 Bid-YTW : 5.26 % |
| FTS.PR.K | FixedReset Disc | 1.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 23.25 Evaluated at bid price : 24.56 Bid-YTW : 5.49 % |
| ENB.PF.G | FixedReset Disc | 1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 22.86 Evaluated at bid price : 24.08 Bid-YTW : 6.16 % |
| MFC.PR.L | FixedReset Ins Non | 1.39 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-06-20 Maturity Price : 25.00 Evaluated at bid price : 25.50 Bid-YTW : 5.37 % |
| BN.PR.B | Floater | 1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 13.50 Evaluated at bid price : 13.50 Bid-YTW : 5.85 % |
| MFC.PR.F | FixedReset Ins Non | 1.78 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 21.45 Evaluated at bid price : 21.75 Bid-YTW : 5.42 % |
| ENB.PR.F | FixedReset Disc | 2.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 23.54 Evaluated at bid price : 23.86 Bid-YTW : 6.14 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| ENB.PR.T | FixedReset Disc | 76,157 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 23.29 Evaluated at bid price : 24.78 Bid-YTW : 6.00 % |
| POW.PR.I | Perpetual-Discount | 62,578 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 24.59 Evaluated at bid price : 24.99 Bid-YTW : 5.69 % |
| GWO.PR.Z | Insurance Straight | 31,005 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 24.60 Evaluated at bid price : 25.00 Bid-YTW : 5.76 % |
| BN.PR.M | Perpetual-Discount | 29,471 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 20.43 Evaluated at bid price : 20.43 Bid-YTW : 5.89 % |
| MFC.PR.B | Insurance Straight | 23,472 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 21.71 Evaluated at bid price : 21.96 Bid-YTW : 5.36 % |
| POW.PR.B | Perpetual-Discount | 20,464 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-06 Maturity Price : 23.44 Evaluated at bid price : 23.73 Bid-YTW : 5.68 % |
| There were 7 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 |
| IFC.PR.A | FixedReset Ins Non | Quote: 22.02 – 22.98 Spot Rate : 0.9600 Average : 0.6286 YTW SCENARIO |
| BN.PR.R | FixedReset Disc | Quote: 23.41 – 24.25 Spot Rate : 0.8400 Average : 0.5716 YTW SCENARIO |
| SLF.PR.G | FixedReset Ins Non | Quote: 19.88 – 20.88 Spot Rate : 1.0000 Average : 0.7819 YTW SCENARIO |
| BN.PF.I | FixedReset Prem | Quote: 25.32 – 25.88 Spot Rate : 0.5600 Average : 0.3458 YTW SCENARIO |
| MFC.PR.C | Insurance Straight | Quote: 21.40 – 22.25 Spot Rate : 0.8500 Average : 0.6691 YTW SCENARIO |
| PWF.PR.E | Perpetual-Discount | Quote: 24.00 – 24.49 Spot Rate : 0.4900 Average : 0.3414 YTW SCENARIO |