Foreshortened again, late again … but I hope next week will be better …
Thank heavens November is finally over!
| 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 | 0.1118 % | 2,530.9 |
| FixedFloater | 4.27 % | 3.55 % | 34,314 | 18.24 | 1 | 0.2703 % | 3,933.0 |
| Floater | 2.93 % | 2.95 % | 65,887 | 19.78 | 3 | 0.1118 % | 2,732.7 |
| OpRet | 4.61 % | -3.86 % | 80,155 | 0.08 | 3 | -0.0512 % | 2,664.7 |
| SplitShare | 4.89 % | 4.78 % | 71,133 | 4.55 | 5 | -0.0336 % | 2,989.8 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0512 % | 2,436.6 |
| Perpetual-Premium | 5.59 % | 2.71 % | 125,519 | 0.09 | 13 | -0.0628 % | 2,313.3 |
| Perpetual-Discount | 5.57 % | 5.56 % | 160,715 | 14.51 | 25 | 0.1301 % | 2,357.9 |
| FixedReset | 4.95 % | 3.26 % | 230,745 | 3.26 | 82 | 0.1158 % | 2,493.7 |
| Deemed-Retractible | 5.07 % | 3.74 % | 188,734 | 1.36 | 42 | 0.0340 % | 2,430.9 |
| FloatingReset | 2.64 % | 2.32 % | 339,980 | 4.45 | 5 | -0.0158 % | 2,464.4 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| FTS.PR.K | FixedReset | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2043-11-29 Maturity Price : 22.95 Evaluated at bid price : 24.45 Bid-YTW : 3.85 % |
| CIU.PR.C | FixedReset | 1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2043-11-29 Maturity Price : 21.39 Evaluated at bid price : 21.71 Bid-YTW : 3.68 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| GWO.PR.J | FixedReset | 74,850 | YTW SCENARIO Maturity Type : Call Maturity Date : 2013-12-31 Maturity Price : 25.00 Evaluated at bid price : 24.95 Bid-YTW : 2.30 % |
| TD.PR.T | FloatingReset | 67,440 | YTW SCENARIO Maturity Type : Call Maturity Date : 2018-07-31 Maturity Price : 25.00 Evaluated at bid price : 25.16 Bid-YTW : 2.32 % |
| ENB.PR.N | FixedReset | 62,882 | YTW SCENARIO Maturity Type : Call Maturity Date : 2018-12-01 Maturity Price : 25.00 Evaluated at bid price : 24.96 Bid-YTW : 4.05 % |
| ENB.PR.F | FixedReset | 51,158 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2043-11-29 Maturity Price : 23.04 Evaluated at bid price : 24.55 Bid-YTW : 4.20 % |
| TRP.PR.B | FixedReset | 49,279 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2043-11-29 Maturity Price : 20.63 Evaluated at bid price : 20.63 Bid-YTW : 3.77 % |
| TD.PR.G | FixedReset | 48,085 | YTW SCENARIO Maturity Type : Call Maturity Date : 2014-04-30 Maturity Price : 25.00 Evaluated at bid price : 25.50 Bid-YTW : 2.54 % |
| There were 61 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| TD.PR.R | Deemed-Retractible | Quote: 26.41 – 27.01 Spot Rate : 0.6000 Average : 0.4339 YTW SCENARIO |
| BAM.PR.T | FixedReset | Quote: 24.56 – 24.93 Spot Rate : 0.3700 Average : 0.2214 YTW SCENARIO |
| CU.PR.D | Perpetual-Discount | Quote: 22.57 – 23.00 Spot Rate : 0.4300 Average : 0.3122 YTW SCENARIO |
| BAM.PR.X | FixedReset | Quote: 22.23 – 22.59 Spot Rate : 0.3600 Average : 0.2455 YTW SCENARIO |
| GCS.PR.A | SplitShare | Quote: 25.01 – 25.25 Spot Rate : 0.2400 Average : 0.1449 YTW SCENARIO |
| PWF.PR.I | Perpetual-Premium | Quote: 25.58 – 25.84 Spot Rate : 0.2600 Average : 0.1748 YTW SCENARIO |