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 | 0.5735 % | 2,262.9 |
FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5735 % | 4,405.1 |
Floater | 7.06 % | 7.08 % | 75,117 | 12.50 | 2 | 0.5735 % | 2,538.7 |
OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0595 % | 3,648.9 |
SplitShare | 4.79 % | 4.43 % | 71,798 | 2.53 | 8 | 0.0595 % | 4,357.6 |
Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0595 % | 3,400.0 |
Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0247 % | 2,957.9 |
Perpetual-Discount | 5.81 % | 5.97 % | 44,766 | 13.90 | 33 | -0.0247 % | 3,225.4 |
FixedReset Disc | 5.62 % | 6.17 % | 120,998 | 12.91 | 46 | 0.4697 % | 2,890.8 |
Insurance Straight | 5.79 % | 5.87 % | 51,357 | 14.16 | 20 | -0.3656 % | 3,127.6 |
FloatingReset | 5.65 % | 5.71 % | 43,349 | 14.36 | 3 | 0.0152 % | 3,654.5 |
FixedReset Prem | 6.08 % | 5.09 % | 120,228 | 3.30 | 12 | 0.0743 % | 2,608.4 |
FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4697 % | 2,955.0 |
FixedReset Ins Non | 5.18 % | 5.86 % | 63,428 | 14.00 | 14 | 0.2775 % | 2,973.8 |
Performance Highlights | |||
Issue | Index | Change | Notes |
BN.PR.M | Perpetual-Discount | -5.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 18.55 Evaluated at bid price : 18.55 Bid-YTW : 6.43 % |
PWF.PR.P | FixedReset Disc | -3.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 16.75 Evaluated at bid price : 16.75 Bid-YTW : 6.73 % |
GWO.PR.M | Insurance Straight | -2.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 23.68 Evaluated at bid price : 23.95 Bid-YTW : 6.07 % |
IFC.PR.E | Insurance Straight | -1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 22.67 Evaluated at bid price : 22.92 Bid-YTW : 5.68 % |
PWF.PR.L | Perpetual-Discount | -1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 21.25 Evaluated at bid price : 21.25 Bid-YTW : 6.10 % |
BN.PR.T | FixedReset Disc | -1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 18.32 Evaluated at bid price : 18.32 Bid-YTW : 6.99 % |
POW.PR.C | Perpetual-Discount | 1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 24.45 Evaluated at bid price : 24.69 Bid-YTW : 5.98 % |
BN.PR.K | Floater | 1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 12.25 Evaluated at bid price : 12.25 Bid-YTW : 7.11 % |
GWO.PR.T | Insurance Straight | 1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 21.49 Evaluated at bid price : 21.80 Bid-YTW : 5.91 % |
PWF.PR.K | Perpetual-Discount | 1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 21.04 Evaluated at bid price : 21.04 Bid-YTW : 5.98 % |
ENB.PR.D | FixedReset Disc | 1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 19.50 Evaluated at bid price : 19.50 Bid-YTW : 6.94 % |
RY.PR.S | FixedReset Prem | 1.38 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-02-24 Maturity Price : 25.00 Evaluated at bid price : 25.79 Bid-YTW : 5.07 % |
CU.PR.D | Perpetual-Discount | 1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 21.01 Evaluated at bid price : 21.01 Bid-YTW : 5.89 % |
IFC.PR.A | FixedReset Ins Non | 1.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 5.50 % |
PWF.PR.T | FixedReset Disc | 1.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 22.37 Evaluated at bid price : 23.00 Bid-YTW : 5.93 % |
MFC.PR.Q | FixedReset Ins Non | 1.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 23.22 Evaluated at bid price : 24.58 Bid-YTW : 5.66 % |
GWO.PR.H | Insurance Straight | 1.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 20.40 Evaluated at bid price : 20.40 Bid-YTW : 5.97 % |
IFC.PR.C | FixedReset Ins Non | 1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 22.76 Evaluated at bid price : 23.23 Bid-YTW : 5.86 % |
ENB.PR.J | FixedReset Disc | 1.87 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 6.91 % |
SLF.PR.H | FixedReset Ins Non | 1.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.93 % |
ENB.PR.B | FixedReset Disc | 3.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 7.12 % |
CU.PR.C | FixedReset Disc | 10.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 21.56 Evaluated at bid price : 21.95 Bid-YTW : 6.13 % |
Volume Highlights | |||
Issue | Index | Shares Traded |
Notes |
CM.PR.Q | FixedReset Disc | 50,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-07-31 Maturity Price : 25.00 Evaluated at bid price : 25.04 Bid-YTW : 5.12 % |
RY.PR.O | Perpetual-Discount | 30,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 24.25 Evaluated at bid price : 24.55 Bid-YTW : 5.02 % |
ENB.PF.K | FixedReset Disc | 25,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 23.08 Evaluated at bid price : 24.14 Bid-YTW : 6.39 % |
ENB.PR.T | FixedReset Disc | 24,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 6.73 % |
FTS.PR.H | FixedReset Disc | 21,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 17.15 Evaluated at bid price : 17.15 Bid-YTW : 6.40 % |
TD.PF.A | FixedReset Disc | 19,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-16 Maturity Price : 22.88 Evaluated at bid price : 24.14 Bid-YTW : 5.34 % |
There were 5 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 |
BN.PF.G | FixedReset Disc | Quote: 21.22 – 23.00 Spot Rate : 1.7800 Average : 1.3026 YTW SCENARIO |
BN.PR.M | Perpetual-Discount | Quote: 18.55 – 20.15 Spot Rate : 1.6000 Average : 1.2163 YTW SCENARIO |
IFC.PR.I | Insurance Straight | Quote: 23.00 – 25.99 Spot Rate : 2.9900 Average : 2.6663 YTW SCENARIO |
BN.PR.R | FixedReset Disc | Quote: 17.84 – 19.50 Spot Rate : 1.6600 Average : 1.4004 YTW SCENARIO |
BN.PF.I | FixedReset Disc | Quote: 25.00 – 26.00 Spot Rate : 1.0000 Average : 0.7655 YTW SCENARIO |
BN.PR.T | FixedReset Disc | Quote: 18.32 – 18.98 Spot Rate : 0.6600 Average : 0.4571 YTW SCENARIO |