HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
|||||||
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 | -0.1352 % | 2,192.2 |
FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1352 % | 4,022.5 |
Floater | 5.35 % | 5.64 % | 30,313 | 14.37 | 4 | -0.1352 % | 2,318.2 |
OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0746 % | 3,259.4 |
SplitShare | 4.90 % | 4.62 % | 59,776 | 3.93 | 8 | 0.0746 % | 3,892.5 |
Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0746 % | 3,037.0 |
Perpetual-Premium | 5.83 % | -2.59 % | 86,869 | 0.08 | 4 | 0.1089 % | 2,899.2 |
Perpetual-Discount | 5.56 % | 5.63 % | 77,973 | 14.25 | 31 | 0.1274 % | 2,992.3 |
FixedReset Disc | 5.14 % | 5.41 % | 224,319 | 14.79 | 65 | 0.3962 % | 2,206.9 |
Deemed-Retractible | 5.33 % | 6.22 % | 93,780 | 8.11 | 27 | 0.3522 % | 2,979.1 |
FloatingReset | 4.38 % | 5.73 % | 55,861 | 8.42 | 6 | 0.1503 % | 2,431.2 |
FixedReset Prem | 5.14 % | 4.22 % | 284,336 | 2.25 | 18 | 0.0588 % | 2,533.8 |
FixedReset Bank Non | 2.78 % | 4.38 % | 171,927 | 2.82 | 5 | -0.0826 % | 2,604.6 |
FixedReset Ins Non | 4.99 % | 6.97 % | 132,694 | 8.26 | 22 | 0.5288 % | 2,230.6 |
Performance Highlights | |||
Issue | Index | Change | Notes |
HSE.PR.E | FixedReset Disc | -3.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 19.27 Evaluated at bid price : 19.27 Bid-YTW : 7.01 % |
BAM.PF.I | FixedReset Prem | -1.71 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-03-31 Maturity Price : 25.00 Evaluated at bid price : 24.75 Bid-YTW : 5.43 % |
TD.PF.J | FixedReset Disc | -1.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 21.64 Evaluated at bid price : 21.95 Bid-YTW : 5.21 % |
BIP.PR.E | FixedReset Disc | -1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 21.06 Evaluated at bid price : 21.06 Bid-YTW : 6.04 % |
PWF.PR.Z | Perpetual-Discount | -1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 21.96 Evaluated at bid price : 22.31 Bid-YTW : 5.82 % |
BAM.PR.B | Floater | -1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 12.40 Evaluated at bid price : 12.40 Bid-YTW : 5.66 % |
BMO.PR.W | FixedReset Disc | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 19.07 Evaluated at bid price : 19.07 Bid-YTW : 5.28 % |
BAM.PR.T | FixedReset Disc | 1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 16.78 Evaluated at bid price : 16.78 Bid-YTW : 6.03 % |
SLF.PR.C | Deemed-Retractible | 1.13 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 20.53 Bid-YTW : 6.93 % |
BIP.PR.A | FixedReset Disc | 1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 20.25 Evaluated at bid price : 20.25 Bid-YTW : 6.64 % |
BAM.PF.D | Perpetual-Discount | 1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 21.75 Evaluated at bid price : 21.75 Bid-YTW : 5.73 % |
SLF.PR.A | Deemed-Retractible | 1.26 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.64 Bid-YTW : 6.62 % |
SLF.PR.J | FloatingReset | 1.30 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 14.86 Bid-YTW : 9.13 % |
BIP.PR.F | FixedReset Disc | 1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 21.36 Evaluated at bid price : 21.65 Bid-YTW : 5.98 % |
SLF.PR.B | Deemed-Retractible | 1.36 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.65 Bid-YTW : 6.68 % |
SLF.PR.D | Deemed-Retractible | 1.38 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 20.58 Bid-YTW : 6.90 % |
SLF.PR.E | Deemed-Retractible | 1.38 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 20.54 Bid-YTW : 6.98 % |
BAM.PR.Z | FixedReset Disc | 1.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 5.79 % |
MFC.PR.I | FixedReset Ins Non | 1.48 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.30 Bid-YTW : 6.59 % |
HSE.PR.C | FixedReset Disc | 1.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 19.05 Evaluated at bid price : 19.05 Bid-YTW : 6.55 % |
CM.PR.R | FixedReset Disc | 1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 22.51 Evaluated at bid price : 23.20 Bid-YTW : 5.41 % |
IAF.PR.G | FixedReset Ins Non | 1.88 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 20.10 Bid-YTW : 7.03 % |
BMO.PR.E | FixedReset Disc | 2.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 22.29 Evaluated at bid price : 23.00 Bid-YTW : 4.95 % |
RY.PR.S | FixedReset Disc | 2.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 21.98 Evaluated at bid price : 22.50 Bid-YTW : 4.82 % |
BNS.PR.I | FixedReset Disc | 2.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 22.55 Evaluated at bid price : 23.50 Bid-YTW : 4.66 % |
RY.PR.J | FixedReset Disc | 3.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 21.37 Evaluated at bid price : 21.68 Bid-YTW : 5.16 % |
MFC.PR.F | FixedReset Ins Non | 4.61 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 14.75 Bid-YTW : 8.97 % |
Volume Highlights | |||
Issue | Index | Shares Traded |
Notes |
PWF.PR.S | Perpetual-Discount | 102,867 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 21.20 Evaluated at bid price : 21.20 Bid-YTW : 5.73 % |
TD.PF.K | FixedReset Disc | 88,489 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 21.67 Evaluated at bid price : 22.03 Bid-YTW : 5.11 % |
RY.PR.H | FixedReset Disc | 86,245 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 19.75 Evaluated at bid price : 19.75 Bid-YTW : 5.16 % |
RY.PR.P | Perpetual-Discount | 78,057 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 24.57 Evaluated at bid price : 25.05 Bid-YTW : 5.25 % |
MFC.PR.R | FixedReset Ins Non | 72,363 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-03-19 Maturity Price : 25.00 Evaluated at bid price : 24.75 Bid-YTW : 5.55 % |
BMO.PR.W | FixedReset Disc | 65,078 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-02-22 Maturity Price : 19.07 Evaluated at bid price : 19.07 Bid-YTW : 5.28 % |
There were 37 other index-included issues trading in excess of 10,000 shares. |
Wide Spread Highlights | ||
Issue | Index | Quote Data and Yield Notes |
BIP.PR.D | FixedReset Disc | Quote: 22.16 – 23.10 Spot Rate : 0.9400 Average : 0.5556 YTW SCENARIO |
BMO.PR.W | FixedReset Disc | Quote: 19.07 – 19.89 Spot Rate : 0.8200 Average : 0.5452 YTW SCENARIO |
TD.PF.C | FixedReset Disc | Quote: 19.15 – 19.88 Spot Rate : 0.7300 Average : 0.4632 YTW SCENARIO |
RY.PR.S | FixedReset Disc | Quote: 22.50 – 23.20 Spot Rate : 0.7000 Average : 0.4368 YTW SCENARIO |
MFC.PR.L | FixedReset Ins Non | Quote: 18.22 – 18.90 Spot Rate : 0.6800 Average : 0.4216 YTW SCENARIO |
BAM.PF.I | FixedReset Prem | Quote: 24.75 – 25.30 Spot Rate : 0.5500 Average : 0.3223 YTW SCENARIO |