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 | 0.3053 % | 2,029.8 |
FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3053 % | 3,724.5 |
Floater | 6.01 % | 6.19 % | 57,013 | 13.65 | 4 | 0.3053 % | 2,146.5 |
OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1400 % | 3,441.2 |
SplitShare | 4.63 % | 4.34 % | 40,437 | 3.82 | 7 | -0.1400 % | 4,109.5 |
Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1400 % | 3,206.4 |
Perpetual-Premium | 5.54 % | -9.17 % | 60,543 | 0.09 | 10 | 0.0274 % | 3,043.1 |
Perpetual-Discount | 5.27 % | 5.35 % | 73,896 | 14.89 | 25 | -0.0497 % | 3,286.2 |
FixedReset Disc | 5.52 % | 5.72 % | 216,505 | 14.26 | 66 | 0.2922 % | 2,140.6 |
Deemed-Retractible | 5.17 % | 5.28 % | 72,205 | 14.95 | 27 | 0.1033 % | 3,224.5 |
FloatingReset | 6.13 % | 6.36 % | 134,531 | 13.40 | 2 | -0.1106 % | 2,509.5 |
FixedReset Prem | 5.10 % | 3.54 % | 157,677 | 1.52 | 20 | 0.1090 % | 2,640.4 |
FixedReset Bank Non | 1.95 % | 3.97 % | 61,934 | 2.05 | 3 | 0.0000 % | 2,716.8 |
FixedReset Ins Non | 5.44 % | 5.77 % | 145,060 | 14.23 | 22 | 0.3137 % | 2,157.6 |
Performance Highlights | |||
Issue | Index | Change | Notes |
BAM.PR.Z | FixedReset Disc | -2.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 19.21 Evaluated at bid price : 19.21 Bid-YTW : 6.01 % |
BAM.PF.B | FixedReset Disc | -2.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 18.01 Evaluated at bid price : 18.01 Bid-YTW : 5.99 % |
PWF.PR.T | FixedReset Disc | -1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 17.70 Evaluated at bid price : 17.70 Bid-YTW : 5.81 % |
BAM.PR.M | Perpetual-Discount | -1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 21.25 Evaluated at bid price : 21.52 Bid-YTW : 5.52 % |
MFC.PR.Q | FixedReset Ins Non | -1.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 18.79 Evaluated at bid price : 18.79 Bid-YTW : 5.73 % |
CCS.PR.C | Deemed-Retractible | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 23.06 Evaluated at bid price : 23.32 Bid-YTW : 5.37 % |
BMO.PR.E | FixedReset Disc | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 19.82 Evaluated at bid price : 19.82 Bid-YTW : 5.65 % |
BNS.PR.I | FixedReset Disc | 1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 19.60 Evaluated at bid price : 19.60 Bid-YTW : 5.50 % |
BAM.PF.G | FixedReset Disc | 1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 18.21 Evaluated at bid price : 18.21 Bid-YTW : 6.15 % |
NA.PR.W | FixedReset Disc | 1.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 16.60 Evaluated at bid price : 16.60 Bid-YTW : 5.91 % |
SLF.PR.G | FixedReset Ins Non | 1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 13.16 Evaluated at bid price : 13.16 Bid-YTW : 5.75 % |
SLF.PR.I | FixedReset Ins Non | 1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 18.82 Evaluated at bid price : 18.82 Bid-YTW : 5.72 % |
BAM.PF.I | FixedReset Prem | 1.26 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.81 Bid-YTW : 3.25 % |
NA.PR.E | FixedReset Disc | 1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 18.45 Evaluated at bid price : 18.45 Bid-YTW : 5.88 % |
BAM.PR.T | FixedReset Disc | 1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 15.80 Evaluated at bid price : 15.80 Bid-YTW : 6.15 % |
PWF.PR.P | FixedReset Disc | 1.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 13.66 Evaluated at bid price : 13.66 Bid-YTW : 5.87 % |
PWF.PR.A | Floater | 1.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 12.50 Evaluated at bid price : 12.50 Bid-YTW : 5.59 % |
TRP.PR.E | FixedReset Disc | 1.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 16.26 Evaluated at bid price : 16.26 Bid-YTW : 6.11 % |
MFC.PR.L | FixedReset Ins Non | 1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 16.77 Evaluated at bid price : 16.77 Bid-YTW : 5.68 % |
RY.PR.M | FixedReset Disc | 1.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 19.13 Evaluated at bid price : 19.13 Bid-YTW : 5.56 % |
HSE.PR.G | FixedReset Disc | 1.97 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 18.10 Evaluated at bid price : 18.10 Bid-YTW : 7.12 % |
Volume Highlights | |||
Issue | Index | Shares Traded |
Notes |
PWF.PR.G | Perpetual-Premium | 79,625 | YTW SCENARIO Maturity Type : Call Maturity Date : 2020-01-16 Maturity Price : 25.00 Evaluated at bid price : 25.55 Bid-YTW : -11.13 % |
RY.PR.Z | FixedReset Disc | 73,161 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 17.23 Evaluated at bid price : 17.23 Bid-YTW : 5.57 % |
BMO.PR.D | FixedReset Disc | 57,133 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.69 % |
BMO.PR.T | FixedReset Disc | 48,529 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 17.02 Evaluated at bid price : 17.02 Bid-YTW : 5.64 % |
CM.PR.Q | FixedReset Disc | 47,460 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 18.82 Evaluated at bid price : 18.82 Bid-YTW : 5.90 % |
HSE.PR.E | FixedReset Disc | 43,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-17 Maturity Price : 18.01 Evaluated at bid price : 18.01 Bid-YTW : 7.24 % |
There were 64 other index-included issues trading in excess of 10,000 shares. |
Wide Spread Highlights | ||
Issue | Index | Quote Data and Yield Notes |
HSE.PR.G | FixedReset Disc | Quote: 18.10 – 19.60 Spot Rate : 1.5000 Average : 0.9584 YTW SCENARIO |
BAM.PR.Z | FixedReset Disc | Quote: 19.21 – 19.74 Spot Rate : 0.5300 Average : 0.3505 YTW SCENARIO |
BAM.PF.B | FixedReset Disc | Quote: 18.01 – 18.57 Spot Rate : 0.5600 Average : 0.4047 YTW SCENARIO |
BAM.PF.D | Perpetual-Discount | Quote: 22.15 – 22.58 Spot Rate : 0.4300 Average : 0.2844 YTW SCENARIO |
CCS.PR.C | Deemed-Retractible | Quote: 23.32 – 23.98 Spot Rate : 0.6600 Average : 0.5203 YTW SCENARIO |
IFC.PR.G | FixedReset Ins Non | Quote: 18.15 – 18.60 Spot Rate : 0.4500 Average : 0.3219 YTW SCENARIO |
GMP.PR.B and GMP.PR.C Remain On Review-Developing with DBRS
December 17th, 2019DBRS has announced that it:
GMP was downgraded to Pfd-4(high) by DBRS in 2016. It was put on Review-Developing in June, 2019 and the review was extended in September, 2019.
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