Not just the bare bones, but a day late to boot!
| 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 | 4.69 % | 5.70 % | 9,815 | 17.03 | 1 | 1.0526 % | 1,675.4 |
| FixedFloater | 6.60 % | 5.80 % | 20,250 | 16.53 | 1 | 2.0553 % | 3,013.5 |
| Floater | 4.55 % | 4.67 % | 57,359 | 16.12 | 4 | 0.5569 % | 1,701.0 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0540 % | 2,799.7 |
| SplitShare | 4.73 % | 5.08 % | 92,519 | 1.58 | 6 | 0.0540 % | 3,276.1 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0540 % | 2,556.2 |
| Perpetual-Premium | 5.77 % | -14.70 % | 92,284 | 0.09 | 6 | 0.2766 % | 2,594.6 |
| Perpetual-Discount | 5.52 % | 5.54 % | 92,817 | 14.59 | 33 | 0.3563 % | 2,643.1 |
| FixedReset | 5.07 % | 4.49 % | 180,874 | 14.23 | 87 | 0.6287 % | 2,007.1 |
| Deemed-Retractible | 5.16 % | 5.37 % | 123,696 | 5.09 | 34 | 0.2540 % | 2,644.0 |
| FloatingReset | 3.05 % | 4.61 % | 35,245 | 5.39 | 17 | 0.7151 % | 2,083.5 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| PWF.PR.Q | FloatingReset | -4.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 11.50 Evaluated at bid price : 11.50 Bid-YTW : 4.45 % |
| SLF.PR.J | FloatingReset | -2.83 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 12.35 Bid-YTW : 11.00 % |
| TRP.PR.C | FixedReset | -2.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 12.37 Evaluated at bid price : 12.37 Bid-YTW : 4.55 % |
| PWF.PR.T | FixedReset | -2.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 20.56 Evaluated at bid price : 20.56 Bid-YTW : 3.95 % |
| GWO.PR.O | FloatingReset | -2.04 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 12.00 Bid-YTW : 11.22 % |
| MFC.PR.F | FixedReset | -1.06 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 13.11 Bid-YTW : 10.63 % |
| BAM.PF.B | FixedReset | -1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 18.15 Evaluated at bid price : 18.15 Bid-YTW : 4.82 % |
| SLF.PR.D | Deemed-Retractible | 1.00 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.16 Bid-YTW : 6.86 % |
| POW.PR.G | Perpetual-Discount | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 24.38 Evaluated at bid price : 24.86 Bid-YTW : 5.64 % |
| CM.PR.O | FixedReset | 1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 19.63 Evaluated at bid price : 19.63 Bid-YTW : 4.05 % |
| HSE.PR.E | FixedReset | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 19.48 Evaluated at bid price : 19.48 Bid-YTW : 5.60 % |
| SLF.PR.C | Deemed-Retractible | 1.05 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.22 Bid-YTW : 6.82 % |
| BAM.PR.E | Ratchet | 1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 25.00 Evaluated at bid price : 14.40 Bid-YTW : 5.70 % |
| BNS.PR.F | FloatingReset | 1.06 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 19.01 Bid-YTW : 6.86 % |
| MFC.PR.B | Deemed-Retractible | 1.07 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.80 Bid-YTW : 6.68 % |
| FTS.PR.F | Perpetual-Discount | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 22.93 Evaluated at bid price : 23.20 Bid-YTW : 5.34 % |
| BNS.PR.D | FloatingReset | 1.09 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 18.55 Bid-YTW : 6.92 % |
| CU.PR.C | FixedReset | 1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 18.44 Evaluated at bid price : 18.44 Bid-YTW : 4.33 % |
| FTS.PR.G | FixedReset | 1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 17.45 Evaluated at bid price : 17.45 Bid-YTW : 4.30 % |
| BNS.PR.A | FloatingReset | 1.16 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 23.47 Bid-YTW : 3.66 % |
| SLF.PR.E | Deemed-Retractible | 1.19 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.21 Bid-YTW : 6.88 % |
| MFC.PR.M | FixedReset | 1.25 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 20.25 Bid-YTW : 6.37 % |
| CM.PR.Q | FixedReset | 1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 20.39 Evaluated at bid price : 20.39 Bid-YTW : 4.32 % |
| BAM.PR.R | FixedReset | 1.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 15.50 Evaluated at bid price : 15.50 Bid-YTW : 4.88 % |
| MFC.PR.K | FixedReset | 1.33 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 18.27 Bid-YTW : 7.50 % |
| VNR.PR.A | FixedReset | 1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 18.10 Evaluated at bid price : 18.10 Bid-YTW : 4.97 % |
| TRP.PR.F | FloatingReset | 1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 12.75 Evaluated at bid price : 12.75 Bid-YTW : 4.68 % |
| TRP.PR.G | FixedReset | 1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 20.85 Evaluated at bid price : 20.85 Bid-YTW : 4.49 % |
| IAG.PR.A | Deemed-Retractible | 1.48 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.88 Bid-YTW : 6.54 % |
| BNS.PR.Z | FixedReset | 1.50 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.02 Bid-YTW : 5.27 % |
| MFC.PR.N | FixedReset | 1.52 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 20.10 Bid-YTW : 6.41 % |
| HSE.PR.B | FloatingReset | 1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 10.00 Evaluated at bid price : 10.00 Bid-YTW : 5.50 % |
| TD.PR.T | FloatingReset | 1.58 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.89 Bid-YTW : 4.50 % |
| TD.PR.Z | FloatingReset | 1.62 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.91 Bid-YTW : 4.57 % |
| BIP.PR.A | FixedReset | 1.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 19.70 Evaluated at bid price : 19.70 Bid-YTW : 5.53 % |
| HSE.PR.C | FixedReset | 2.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 17.85 Evaluated at bid price : 17.85 Bid-YTW : 5.62 % |
| SLF.PR.H | FixedReset | 2.03 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 16.08 Bid-YTW : 8.89 % |
| BAM.PR.G | FixedFloater | 2.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 25.00 Evaluated at bid price : 14.40 Bid-YTW : 5.80 % |
| MFC.PR.L | FixedReset | 2.14 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 19.10 Bid-YTW : 6.99 % |
| CIU.PR.C | FixedReset | 2.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 11.50 Evaluated at bid price : 11.50 Bid-YTW : 4.54 % |
| FTS.PR.H | FixedReset | 2.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 13.55 Evaluated at bid price : 13.55 Bid-YTW : 4.15 % |
| TRP.PR.E | FixedReset | 2.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 19.67 Evaluated at bid price : 19.67 Bid-YTW : 4.16 % |
| BNS.PR.B | FloatingReset | 2.52 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.94 Bid-YTW : 4.56 % |
| BNS.PR.C | FloatingReset | 2.74 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 22.11 Bid-YTW : 4.61 % |
| GWO.PR.N | FixedReset | 2.94 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 13.65 Bid-YTW : 10.03 % |
| BMO.PR.Q | FixedReset | 3.00 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 19.94 Bid-YTW : 6.29 % |
| IFC.PR.C | FixedReset | 3.31 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 18.70 Bid-YTW : 7.39 % |
| TRP.PR.A | FixedReset | 3.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 15.59 Evaluated at bid price : 15.59 Bid-YTW : 4.44 % |
| FTS.PR.I | FloatingReset | 4.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 11.52 Evaluated at bid price : 11.52 Bid-YTW : 4.16 % |
| IFC.PR.A | FixedReset | 4.63 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 15.38 Bid-YTW : 9.41 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| TD.PF.G | FixedReset | 121,477 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-04-30 Maturity Price : 25.00 Evaluated at bid price : 26.01 Bid-YTW : 4.56 % |
| PWF.PR.P | FixedReset | 66,550 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 12.87 Evaluated at bid price : 12.87 Bid-YTW : 4.48 % |
| RY.PR.J | FixedReset | 62,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 20.16 Evaluated at bid price : 20.16 Bid-YTW : 4.37 % |
| TD.PF.C | FixedReset | 52,793 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 19.30 Evaluated at bid price : 19.30 Bid-YTW : 4.04 % |
| BAM.PF.G | FixedReset | 42,899 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-04-11 Maturity Price : 20.95 Evaluated at bid price : 20.95 Bid-YTW : 4.51 % |
| MFC.PR.K | FixedReset | 31,600 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 18.27 Bid-YTW : 7.50 % |
| There were 36 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| PWF.PR.T | FixedReset | Quote: 20.56 – 21.49 Spot Rate : 0.9300 Average : 0.5856 YTW SCENARIO |
| BNS.PR.Y | FixedReset | Quote: 19.92 – 20.85 Spot Rate : 0.9300 Average : 0.6342 YTW SCENARIO |
| BAM.PF.B | FixedReset | Quote: 18.15 – 18.69 Spot Rate : 0.5400 Average : 0.3291 YTW SCENARIO |
| TRP.PR.C | FixedReset | Quote: 12.37 – 12.94 Spot Rate : 0.5700 Average : 0.3616 YTW SCENARIO |
| IAG.PR.G | FixedReset | Quote: 20.15 – 20.80 Spot Rate : 0.6500 Average : 0.4943 YTW SCENARIO |
| BAM.PR.T | FixedReset | Quote: 15.55 – 16.05 Spot Rate : 0.5000 Average : 0.3464 YTW SCENARIO |