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 | 1.2452 % | 2,904.3 |
FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 1.2452 % | 5,329.3 |
Floater | 3.17 % | 3.30 % | 35,401 | 19.01 | 4 | 1.2452 % | 3,071.3 |
OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0932 % | 3,152.9 |
SplitShare | 4.66 % | 4.08 % | 62,770 | 3.41 | 5 | -0.0932 % | 3,765.2 |
Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0932 % | 2,937.7 |
Perpetual-Premium | 5.38 % | 3.16 % | 60,023 | 0.09 | 18 | -0.1137 % | 2,852.5 |
Perpetual-Discount | 5.33 % | 5.30 % | 72,058 | 14.97 | 16 | -0.2956 % | 2,980.7 |
FixedReset | 4.20 % | 4.43 % | 141,012 | 4.06 | 98 | -0.1085 % | 2,527.2 |
Deemed-Retractible | 5.08 % | 5.44 % | 82,166 | 5.84 | 28 | -0.1348 % | 2,937.3 |
FloatingReset | 3.04 % | 2.59 % | 38,816 | 0.78 | 10 | 0.1220 % | 2,760.3 |
Performance Highlights | |||
Issue | Index | Change | Notes |
HSE.PR.A | FixedReset | -2.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-01-15 Maturity Price : 17.63 Evaluated at bid price : 17.63 Bid-YTW : 4.98 % |
IFC.PR.A | FixedReset | -1.36 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 20.35 Bid-YTW : 6.91 % |
BIP.PR.A | FixedReset | -1.24 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2020-06-30 Maturity Price : 25.00 Evaluated at bid price : 24.70 Bid-YTW : 5.14 % |
SLF.PR.G | FixedReset | -1.14 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-01-31 Maturity Price : 25.00 Evaluated at bid price : 19.13 Bid-YTW : 7.34 % |
PWF.PR.Z | Perpetual-Discount | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-01-15 Maturity Price : 23.94 Evaluated at bid price : 24.30 Bid-YTW : 5.30 % |
TRP.PR.C | FixedReset | 1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-01-15 Maturity Price : 18.40 Evaluated at bid price : 18.40 Bid-YTW : 4.52 % |
BAM.PR.K | Floater | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-01-15 Maturity Price : 17.09 Evaluated at bid price : 17.09 Bid-YTW : 3.30 % |
TRP.PR.F | FloatingReset | 1.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-01-15 Maturity Price : 20.25 Evaluated at bid price : 20.25 Bid-YTW : 3.85 % |
PWF.PR.A | Floater | 2.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-01-15 Maturity Price : 19.62 Evaluated at bid price : 19.62 Bid-YTW : 2.88 % |
Volume Highlights | |||
Issue | Index | Shares Traded |
Notes |
RY.PR.I | FixedReset | 101,040 | YTW SCENARIO Maturity Type : Call Maturity Date : 2019-02-24 Maturity Price : 25.00 Evaluated at bid price : 25.16 Bid-YTW : 3.41 % |
MFC.PR.R | FixedReset | 67,709 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-03-19 Maturity Price : 25.00 Evaluated at bid price : 25.85 Bid-YTW : 4.07 % |
BIP.PR.A | FixedReset | 57,258 | YTW SCENARIO Maturity Type : Call Maturity Date : 2020-06-30 Maturity Price : 25.00 Evaluated at bid price : 24.70 Bid-YTW : 5.14 % |
TD.PR.S | FixedReset | 51,920 | YTW SCENARIO Maturity Type : Call Maturity Date : 2018-07-31 Maturity Price : 25.00 Evaluated at bid price : 24.97 Bid-YTW : 3.36 % |
TRP.PR.C | FixedReset | 45,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2048-01-15 Maturity Price : 18.40 Evaluated at bid price : 18.40 Bid-YTW : 4.52 % |
BMO.PR.D | FixedReset | 37,140 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-08-25 Maturity Price : 25.00 Evaluated at bid price : 25.30 Bid-YTW : 4.29 % |
There were 24 other index-included issues trading in excess of 10,000 shares. |
Wide Spread Highlights | ||
Issue | Index | Quote Data and Yield Notes |
BAM.PF.D | Perpetual-Discount | Quote: 22.00 – 22.49 Spot Rate : 0.4900 Average : 0.3761 YTW SCENARIO |
BAM.PR.M | Perpetual-Discount | Quote: 21.65 – 21.97 Spot Rate : 0.3200 Average : 0.2188 YTW SCENARIO |
PWF.PR.F | Perpetual-Discount | Quote: 24.44 – 24.67 Spot Rate : 0.2300 Average : 0.1611 YTW SCENARIO |
IFC.PR.E | Deemed-Retractible | Quote: 24.75 – 24.98 Spot Rate : 0.2300 Average : 0.1658 YTW SCENARIO |
BAM.PF.F | FixedReset | Quote: 24.56 – 24.77 Spot Rate : 0.2100 Average : 0.1618 YTW SCENARIO |
BMO.PR.Q | FixedReset | Quote: 23.26 – 23.49 Spot Rate : 0.2300 Average : 0.1864 YTW SCENARIO |