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 | 0.0742 % | 2,176.3 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0742 % | 3,993.4 |
| Floater | 3.50 % | 3.65 % | 50,431 | 18.15 | 4 | 0.0742 % | 2,301.4 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1878 % | 3,023.6 |
| SplitShare | 4.70 % | 4.55 % | 64,369 | 3.95 | 5 | -0.1878 % | 3,610.8 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1878 % | 2,817.3 |
| Perpetual-Premium | 5.31 % | -3.04 % | 72,463 | 0.09 | 22 | -0.0815 % | 2,788.5 |
| Perpetual-Discount | 5.07 % | 5.09 % | 105,657 | 15.34 | 14 | 0.1046 % | 3,016.2 |
| FixedReset | 4.44 % | 4.05 % | 212,955 | 6.55 | 94 | -0.0869 % | 2,333.4 |
| Deemed-Retractible | 4.98 % | 4.32 % | 132,830 | 0.12 | 30 | 0.0773 % | 2,893.9 |
| FloatingReset | 2.46 % | 2.99 % | 47,293 | 4.47 | 10 | -0.1069 % | 2,535.2 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| PWF.PR.T | FixedReset | -1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2047-05-11 Maturity Price : 22.75 Evaluated at bid price : 23.13 Bid-YTW : 3.73 % |
| PVS.PR.E | SplitShare | -1.28 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-10-31 Maturity Price : 25.00 Evaluated at bid price : 26.21 Bid-YTW : 4.72 % |
| TRP.PR.E | FixedReset | -1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2047-05-11 Maturity Price : 21.45 Evaluated at bid price : 21.45 Bid-YTW : 4.07 % |
| BAM.PF.H | FixedReset | 1.64 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2020-12-31 Maturity Price : 25.00 Evaluated at bid price : 26.60 Bid-YTW : 3.30 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| MFC.PR.R | FixedReset | 272,595 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-03-19 Maturity Price : 25.00 Evaluated at bid price : 25.98 Bid-YTW : 4.13 % |
| TRP.PR.J | FixedReset | 122,350 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-05-31 Maturity Price : 25.00 Evaluated at bid price : 27.10 Bid-YTW : 3.56 % |
| BNS.PR.H | FixedReset | 112,026 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-01-26 Maturity Price : 25.00 Evaluated at bid price : 26.40 Bid-YTW : 3.61 % |
| NA.PR.X | FixedReset | 90,965 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-05-15 Maturity Price : 25.00 Evaluated at bid price : 26.85 Bid-YTW : 3.60 % |
| NA.PR.Q | FixedReset | 81,108 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 24.82 Bid-YTW : 3.65 % |
| BAM.PR.T | FixedReset | 63,854 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2047-05-11 Maturity Price : 19.33 Evaluated at bid price : 19.33 Bid-YTW : 4.40 % |
| There were 27 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| CCS.PR.C | Deemed-Retractible | Quote: 24.05 – 24.54 Spot Rate : 0.4900 Average : 0.3879 YTW SCENARIO |
| PWF.PR.T | FixedReset | Quote: 23.13 – 23.48 Spot Rate : 0.3500 Average : 0.2543 YTW SCENARIO |
| BNS.PR.Z | FixedReset | Quote: 22.05 – 22.32 Spot Rate : 0.2700 Average : 0.1848 YTW SCENARIO |
| SLF.PR.H | FixedReset | Quote: 19.02 – 19.32 Spot Rate : 0.3000 Average : 0.2188 YTW SCENARIO |
| PWF.PR.A | Floater | Quote: 14.95 – 15.25 Spot Rate : 0.3000 Average : 0.2208 YTW SCENARIO |
| TRP.PR.F | FloatingReset | Quote: 18.64 – 18.89 Spot Rate : 0.2500 Average : 0.1743 YTW SCENARIO |