The TXPR price index set a new 52-week high today of 713.15, eclipsing the old mark of 712.48 set last Friday, the 10th.
ZPR also set a new 52-week high, 12.96, beating the mark of 12.94, also set Friday 10th.
| 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 | 0.0235 % | 2,638.4 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0235 % | 4,968.5 |
| Floater | 5.48 % | 5.57 % | 38,382 | 14.57 | 3 | 0.0235 % | 2,863.4 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0714 % | 3,625.0 |
| SplitShare | 4.81 % | 4.95 % | 64,896 | 2.68 | 5 | -0.0714 % | 4,329.0 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0714 % | 3,377.6 |
| Perpetual-Premium | 5.70 % | -2.05 % | 55,692 | 0.09 | 7 | 0.1699 % | 3,074.6 |
| Perpetual-Discount | 5.57 % | 5.62 % | 42,488 | 14.47 | 27 | -0.1211 % | 3,392.0 |
| FixedReset Disc | 5.65 % | 5.84 % | 97,547 | 13.99 | 19 | 0.4013 % | 3,364.6 |
| Insurance Straight | 5.44 % | 5.51 % | 52,662 | 14.58 | 20 | 0.1464 % | 3,308.2 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4013 % | 4,108.2 |
| FixedReset Prem | 5.91 % | 4.57 % | 80,296 | 2.27 | 29 | 0.1415 % | 2,660.0 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4013 % | 3,439.3 |
| FixedReset Ins Non | 5.25 % | 5.29 % | 52,011 | 3.10 | 14 | 0.1301 % | 3,251.3 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| PWF.PR.K | Perpetual-Discount | -4.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-13 Maturity Price : 21.30 Evaluated at bid price : 21.30 Bid-YTW : 5.83 % |
| GWO.PR.Y | Insurance Straight | -3.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-13 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 5.68 % |
| ENB.PF.C | FixedReset Disc | -1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-13 Maturity Price : 22.70 Evaluated at bid price : 23.60 Bid-YTW : 6.09 % |
| MIC.PR.A | Perpetual-Discount | -1.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-13 Maturity Price : 22.68 Evaluated at bid price : 23.10 Bid-YTW : 5.88 % |
| GWO.PR.G | Insurance Straight | 1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-13 Maturity Price : 23.69 Evaluated at bid price : 24.00 Bid-YTW : 5.45 % |
| PWF.PR.G | Perpetual-Premium | 1.07 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-08-12 Maturity Price : 25.00 Evaluated at bid price : 25.45 Bid-YTW : -18.45 % |
| BN.PF.G | FixedReset Prem | 1.08 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2030-07-01 Maturity Price : 25.00 Evaluated at bid price : 25.27 Bid-YTW : 5.44 % |
| FTS.PR.J | Perpetual-Discount | 1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-13 Maturity Price : 22.60 Evaluated at bid price : 22.85 Bid-YTW : 5.25 % |
| BN.PF.E | FixedReset Disc | 1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-13 Maturity Price : 22.96 Evaluated at bid price : 24.17 Bid-YTW : 5.75 % |
| ENB.PR.B | FixedReset Disc | 1.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-13 Maturity Price : 22.63 Evaluated at bid price : 23.20 Bid-YTW : 6.00 % |
| PWF.PR.F | Perpetual-Discount | 2.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-13 Maturity Price : 23.03 Evaluated at bid price : 23.30 Bid-YTW : 5.64 % |
| GWO.PR.I | Insurance Straight | 2.87 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-13 Maturity Price : 21.15 Evaluated at bid price : 21.15 Bid-YTW : 5.37 % |
| ENB.PR.D | FixedReset Disc | 2.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-13 Maturity Price : 23.28 Evaluated at bid price : 23.68 Bid-YTW : 5.86 % |
| MFC.PR.J | FixedReset Ins Non | 3.95 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-03-19 Maturity Price : 25.00 Evaluated at bid price : 25.80 Bid-YTW : 4.45 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| PVS.PR.J | SplitShare | 55,800 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2028-02-29 Maturity Price : 25.00 Evaluated at bid price : 24.99 Bid-YTW : 4.73 % |
| TD.PF.A | FixedReset Prem | 53,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-10-31 Maturity Price : 25.00 Evaluated at bid price : 25.26 Bid-YTW : 4.57 % |
| ENB.PF.C | FixedReset Disc | 53,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-13 Maturity Price : 22.70 Evaluated at bid price : 23.60 Bid-YTW : 6.09 % |
| ENB.PR.F | FixedReset Disc | 46,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-13 Maturity Price : 23.82 Evaluated at bid price : 24.14 Bid-YTW : 5.90 % |
| PWF.PR.P | FixedReset Disc | 38,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-13 Maturity Price : 21.20 Evaluated at bid price : 21.20 Bid-YTW : 5.55 % |
| ENB.PR.P | FixedReset Disc | 25,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-13 Maturity Price : 23.33 Evaluated at bid price : 24.68 Bid-YTW : 5.77 % |
| There were 8 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 |
| PWF.PR.K | Perpetual-Discount | Quote: 21.30 – 22.62 Spot Rate : 1.3200 Average : 0.7432 YTW SCENARIO |
| GWO.PR.Y | Insurance Straight | Quote: 20.00 – 21.75 Spot Rate : 1.7500 Average : 1.2060 YTW SCENARIO |
| ENB.PF.E | FixedReset Disc | Quote: 24.15 – 24.95 Spot Rate : 0.8000 Average : 0.4831 YTW SCENARIO |
| GWO.PR.Q | Insurance Straight | Quote: 22.55 – 24.00 Spot Rate : 1.4500 Average : 1.1541 YTW SCENARIO |
| IFC.PR.G | FixedReset Ins Non | Quote: 25.40 – 26.15 Spot Rate : 0.7500 Average : 0.4627 YTW SCENARIO |
| ENB.PF.C | FixedReset Disc | Quote: 23.60 – 24.58 Spot Rate : 0.9800 Average : 0.7183 YTW SCENARIO |