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 | 3.13 % | 3.66 % | 54,208 | 19.89 | 1 | -4.3521 % | 2,786.4 |
FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.0760 % | 5,124.6 |
Floater | 3.11 % | 3.09 % | 86,724 | 19.44 | 3 | -1.0760 % | 2,953.3 |
OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2257 % | 3,678.0 |
SplitShare | 4.66 % | 4.20 % | 53,046 | 3.82 | 5 | 0.2257 % | 4,392.3 |
Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2257 % | 3,427.1 |
Perpetual-Premium | 5.14 % | -0.32 % | 43,511 | 0.09 | 28 | -0.0715 % | 3,252.7 |
Perpetual-Discount | 4.73 % | 4.86 % | 66,445 | 15.65 | 6 | 0.1777 % | 3,826.9 |
FixedReset Disc | 3.94 % | 4.06 % | 125,954 | 17.14 | 37 | -1.7897 % | 2,800.3 |
Insurance Straight | 5.01 % | 4.51 % | 93,762 | 14.73 | 20 | -0.3322 % | 3,624.7 |
FloatingReset | 2.50 % | 2.83 % | 30,921 | 20.19 | 2 | -1.0283 % | 2,812.4 |
FixedReset Prem | 4.70 % | 3.84 % | 114,047 | 2.47 | 33 | -0.0597 % | 2,720.8 |
FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.7897 % | 2,862.5 |
FixedReset Ins Non | 4.11 % | 3.89 % | 97,033 | 17.11 | 19 | -0.4681 % | 2,930.4 |
Performance Highlights | |||
Issue | Index | Change | Notes |
TRP.PR.G | FixedReset Disc | -47.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 12.17 Evaluated at bid price : 12.17 Bid-YTW : 8.46 % |
TRP.PR.C | FixedReset Disc | -5.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 14.37 Evaluated at bid price : 14.37 Bid-YTW : 4.81 % |
BAM.PR.E | Ratchet | -4.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 25.00 Evaluated at bid price : 19.56 Bid-YTW : 3.66 % |
BAM.PF.E | FixedReset Disc | -3.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 20.95 Evaluated at bid price : 20.95 Bid-YTW : 4.73 % |
BAM.PR.B | Floater | -3.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 13.25 Evaluated at bid price : 13.25 Bid-YTW : 3.27 % |
BAM.PR.T | FixedReset Disc | -3.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 20.15 Evaluated at bid price : 20.15 Bid-YTW : 4.71 % |
CU.PR.C | FixedReset Disc | -2.84 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 21.76 Evaluated at bid price : 22.20 Bid-YTW : 4.30 % |
MFC.PR.F | FixedReset Ins Non | -2.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 17.99 Evaluated at bid price : 17.99 Bid-YTW : 3.80 % |
MFC.PR.M | FixedReset Ins Non | -2.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 22.69 Evaluated at bid price : 23.45 Bid-YTW : 4.00 % |
MFC.PR.L | FixedReset Ins Non | -2.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 22.52 Evaluated at bid price : 23.04 Bid-YTW : 3.89 % |
TRP.PR.F | FloatingReset | -2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 17.50 Evaluated at bid price : 17.50 Bid-YTW : 2.83 % |
BAM.PF.G | FixedReset Disc | -1.93 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 22.29 Evaluated at bid price : 22.85 Bid-YTW : 4.48 % |
TRP.PR.B | FixedReset Disc | -1.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 13.50 Evaluated at bid price : 13.50 Bid-YTW : 4.67 % |
MFC.PR.K | FixedReset Ins Non | -1.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 23.28 Evaluated at bid price : 23.65 Bid-YTW : 3.91 % |
BMO.PR.S | FixedReset Disc | -1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 23.06 Evaluated at bid price : 24.00 Bid-YTW : 3.88 % |
BAM.PR.X | FixedReset Disc | -1.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 18.10 Evaluated at bid price : 18.10 Bid-YTW : 4.51 % |
PWF.PR.T | FixedReset Disc | -1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 23.50 Evaluated at bid price : 23.80 Bid-YTW : 4.06 % |
MIC.PR.A | Perpetual-Premium | -1.18 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2030-03-31 Maturity Price : 25.00 Evaluated at bid price : 26.80 Bid-YTW : 4.52 % |
CM.PR.Q | FixedReset Disc | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 22.99 Evaluated at bid price : 24.23 Bid-YTW : 4.09 % |
PVS.PR.J | SplitShare | -1.03 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2028-02-29 Maturity Price : 25.00 Evaluated at bid price : 25.04 Bid-YTW : 4.38 % |
TD.PF.D | FixedReset Disc | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 23.02 Evaluated at bid price : 24.30 Bid-YTW : 4.09 % |
GWO.PR.G | Insurance Straight | 1.01 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-01-01 Maturity Price : 25.00 Evaluated at bid price : 25.25 Bid-YTW : -11.59 % |
FTS.PR.K | FixedReset Disc | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 21.43 Evaluated at bid price : 21.77 Bid-YTW : 4.05 % |
TRP.PR.E | FixedReset Disc | 1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 20.99 Evaluated at bid price : 20.99 Bid-YTW : 4.55 % |
BIP.PR.F | FixedReset Prem | 1.56 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2023-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.40 Bid-YTW : 4.11 % |
RS.PR.A | SplitShare | 1.70 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-12-31 Maturity Price : 10.00 Evaluated at bid price : 10.75 Bid-YTW : 3.52 % |
TRP.PR.D | FixedReset Disc | 1.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 4.60 % |
IFC.PR.G | FixedReset Ins Non | 2.93 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 23.67 Evaluated at bid price : 24.91 Bid-YTW : 4.05 % |
CM.PR.O | FixedReset Disc | 3.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 23.10 Evaluated at bid price : 24.16 Bid-YTW : 3.83 % |
TRP.PR.A | FixedReset Disc | 4.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 18.38 Evaluated at bid price : 18.38 Bid-YTW : 4.59 % |
IFC.PR.E | Insurance Straight | 10.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 24.01 Evaluated at bid price : 24.50 Bid-YTW : 5.38 % |
Volume Highlights | |||
Issue | Index | Shares Traded |
Notes |
SLF.PR.C | Insurance Straight | 59,324 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 24.26 Evaluated at bid price : 24.56 Bid-YTW : 4.51 % |
SLF.PR.I | FixedReset Ins Non | 23,925 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-01-30 Maturity Price : 25.00 Evaluated at bid price : 24.97 Bid-YTW : 2.69 % |
RY.PR.H | FixedReset Disc | 23,312 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 23.13 Evaluated at bid price : 24.25 Bid-YTW : 3.74 % |
CM.PR.Q | FixedReset Disc | 21,035 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 22.99 Evaluated at bid price : 24.23 Bid-YTW : 4.09 % |
RY.PR.Z | FixedReset Disc | 20,120 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 23.15 Evaluated at bid price : 24.20 Bid-YTW : 3.71 % |
NA.PR.E | FixedReset Prem | 17,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-12-02 Maturity Price : 23.73 Evaluated at bid price : 24.95 Bid-YTW : 4.00 % |
There were 10 other index-included issues trading in excess of 10,000 shares. |
Wide Spread Highlights | ||
Issue | Index | Quote Data and Yield Notes |
TRP.PR.G | FixedReset Disc | Quote: 12.17 – 23.50 Spot Rate : 11.3300 Average : 6.2074 YTW SCENARIO |
TRP.PR.C | FixedReset Disc | Quote: 14.37 – 15.35 Spot Rate : 0.9800 Average : 0.6310 YTW SCENARIO |
IFC.PR.I | Perpetual-Premium | Quote: 26.55 – 27.60 Spot Rate : 1.0500 Average : 0.7062 YTW SCENARIO |
BAM.PR.E | Ratchet | Quote: 19.56 – 20.56 Spot Rate : 1.0000 Average : 0.6794 YTW SCENARIO |
GWO.PR.N | FixedReset Ins Non | Quote: 16.62 – 17.49 Spot Rate : 0.8700 Average : 0.5609 YTW SCENARIO |
BAM.PR.B | Floater | Quote: 13.25 – 14.34 Spot Rate : 1.0900 Average : 0.7926 YTW SCENARIO |
SLF.PR.I To Be Redeemed
November 30th, 2021Sun Life Financial Inc. has announced:
SLF.PR.I was issued a FixedReset 4.25%+273, that commenced trading 2011-11-10 after being announced 2011-11-3. Notice of extension was given in 2016 and the issue reset to 3.806%. I recommended against conversion and there was no conversion.
Thanks to Assiduous Reader CanSiamCyp for bringing this to my attention!
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