Better late than never!
| 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 | 0.4516 % | 1,672.8 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4516 % | 3,055.9 |
| Floater | 4.91 % | 4.69 % | 90,866 | 16.09 | 4 | 0.4516 % | 1,761.2 |
| OpRet | 4.84 % | -0.44 % | 42,817 | 0.13 | 1 | 0.0791 % | 2,850.4 |
| SplitShare | 5.12 % | 5.21 % | 98,890 | 2.33 | 5 | 0.0564 % | 3,362.3 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0564 % | 2,623.4 |
| Perpetual-Premium | 5.49 % | 1.76 % | 83,244 | 0.30 | 12 | 0.0162 % | 2,678.0 |
| Perpetual-Discount | 5.26 % | 5.20 % | 101,019 | 15.06 | 26 | 0.0325 % | 2,815.4 |
| FixedReset | 5.08 % | 4.29 % | 147,965 | 7.21 | 88 | 0.4763 % | 1,998.4 |
| Deemed-Retractible | 5.02 % | 4.54 % | 128,975 | 4.86 | 33 | -0.0766 % | 2,761.4 |
| FloatingReset | 2.95 % | 4.67 % | 33,582 | 5.16 | 11 | 0.7958 % | 2,119.2 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| TRP.PR.B | FixedReset | -3.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 11.05 Evaluated at bid price : 11.05 Bid-YTW : 4.27 % |
| SLF.PR.G | FixedReset | -2.01 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 14.11 Bid-YTW : 9.80 % |
| ELF.PR.G | Perpetual-Discount | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 21.86 Evaluated at bid price : 22.10 Bid-YTW : 5.39 % |
| TRP.PR.A | FixedReset | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 14.56 Evaluated at bid price : 14.56 Bid-YTW : 4.50 % |
| SLF.PR.I | FixedReset | 1.04 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 18.44 Bid-YTW : 7.62 % |
| BNS.PR.B | FloatingReset | 1.07 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.80 Bid-YTW : 4.73 % |
| BAM.PF.E | FixedReset | 1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 18.75 Evaluated at bid price : 18.75 Bid-YTW : 4.50 % |
| BAM.PR.T | FixedReset | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 15.40 Evaluated at bid price : 15.40 Bid-YTW : 4.76 % |
| BMO.PR.Y | FixedReset | 1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 20.36 Evaluated at bid price : 20.36 Bid-YTW : 4.17 % |
| IFC.PR.A | FixedReset | 1.16 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 14.87 Bid-YTW : 9.91 % |
| TRP.PR.D | FixedReset | 1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 17.72 Evaluated at bid price : 17.72 Bid-YTW : 4.33 % |
| MFC.PR.J | FixedReset | 1.22 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 19.10 Bid-YTW : 7.13 % |
| HSE.PR.G | FixedReset | 1.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 5.31 % |
| BAM.PR.R | FixedReset | 1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 15.70 Evaluated at bid price : 15.70 Bid-YTW : 4.61 % |
| TRP.PR.H | FloatingReset | 1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 10.01 Evaluated at bid price : 10.01 Bid-YTW : 4.43 % |
| CM.PR.Q | FixedReset | 1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 19.98 Evaluated at bid price : 19.98 Bid-YTW : 4.23 % |
| SLF.PR.H | FixedReset | 1.39 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 16.10 Bid-YTW : 8.74 % |
| FTS.PR.K | FixedReset | 1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 17.44 Evaluated at bid price : 17.44 Bid-YTW : 4.01 % |
| MFC.PR.L | FixedReset | 1.46 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 18.11 Bid-YTW : 7.69 % |
| FTS.PR.H | FixedReset | 1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 13.85 Evaluated at bid price : 13.85 Bid-YTW : 3.79 % |
| MFC.PR.K | FixedReset | 1.50 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 17.56 Bid-YTW : 8.00 % |
| FTS.PR.M | FixedReset | 1.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 19.15 Evaluated at bid price : 19.15 Bid-YTW : 4.22 % |
| TRP.PR.E | FixedReset | 1.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 18.12 Evaluated at bid price : 18.12 Bid-YTW : 4.29 % |
| TRP.PR.G | FixedReset | 1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 19.25 Evaluated at bid price : 19.25 Bid-YTW : 4.68 % |
| TRP.PR.C | FixedReset | 1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 12.50 Evaluated at bid price : 12.50 Bid-YTW : 4.23 % |
| BMO.PR.R | FloatingReset | 2.28 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 22.00 Bid-YTW : 4.61 % |
| MFC.PR.F | FixedReset | 2.75 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 14.19 Bid-YTW : 9.70 % |
| PWF.PR.P | FixedReset | 3.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 13.53 Evaluated at bid price : 13.53 Bid-YTW : 4.00 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| RY.PR.H | FixedReset | 51,873 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 18.56 Evaluated at bid price : 18.56 Bid-YTW : 4.04 % |
| TRP.PR.D | FixedReset | 45,390 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 17.72 Evaluated at bid price : 17.72 Bid-YTW : 4.33 % |
| SLF.PR.G | FixedReset | 44,854 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 14.11 Bid-YTW : 9.80 % |
| RY.PR.R | FixedReset | 43,797 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-08-24 Maturity Price : 25.00 Evaluated at bid price : 26.93 Bid-YTW : 4.26 % |
| CM.PR.Q | FixedReset | 39,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2046-07-14 Maturity Price : 19.98 Evaluated at bid price : 19.98 Bid-YTW : 4.23 % |
| BNS.PR.G | FixedReset | 38,713 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-07-25 Maturity Price : 25.00 Evaluated at bid price : 26.53 Bid-YTW : 4.12 % |
| There were 38 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| TRP.PR.B | FixedReset | Quote: 11.05 – 11.87 Spot Rate : 0.8200 Average : 0.5469 YTW SCENARIO |
| VNR.PR.A | FixedReset | Quote: 17.45 – 18.00 Spot Rate : 0.5500 Average : 0.3977 YTW SCENARIO |
| SLF.PR.G | FixedReset | Quote: 14.11 – 14.70 Spot Rate : 0.5900 Average : 0.4453 YTW SCENARIO |
| TRP.PR.F | FloatingReset | Quote: 12.94 – 13.37 Spot Rate : 0.4300 Average : 0.3001 YTW SCENARIO |
| FTS.PR.G | FixedReset | Quote: 16.99 – 17.47 Spot Rate : 0.4800 Average : 0.3547 YTW SCENARIO |
| TD.PR.T | FloatingReset | Quote: 21.83 – 22.30 Spot Rate : 0.4700 Average : 0.3603 YTW SCENARIO |