| 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 | -0.5140 % | 2,298.6 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.5140 % | 4,217.8 |
| Floater | 5.10 % | 5.42 % | 35,115 | 14.78 | 4 | -0.5140 % | 2,430.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2867 % | 3,209.9 |
| SplitShare | 4.93 % | 4.50 % | 71,467 | 3.99 | 8 | 0.2867 % | 3,833.3 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2867 % | 2,990.9 |
| Perpetual-Premium | 5.94 % | -1.24 % | 153,105 | 0.08 | 2 | -0.2587 % | 2,873.7 |
| Perpetual-Discount | 5.64 % | 5.75 % | 84,829 | 14.27 | 33 | 0.0806 % | 2,949.2 |
| FixedReset Disc | 5.14 % | 5.64 % | 223,686 | 14.51 | 64 | 0.3862 % | 2,200.3 |
| Deemed-Retractible | 5.40 % | 6.46 % | 88,766 | 8.16 | 27 | 0.1210 % | 2,935.8 |
| FloatingReset | 4.12 % | 4.40 % | 48,947 | 2.88 | 7 | 0.2277 % | 2,439.8 |
| FixedReset Prem | 5.14 % | 4.44 % | 257,731 | 2.19 | 17 | 0.3322 % | 2,518.8 |
| FixedReset Bank Non | 2.98 % | 3.91 % | 164,825 | 2.84 | 6 | 0.1936 % | 2,578.3 |
| FixedReset Ins Non | 5.11 % | 7.16 % | 131,061 | 8.21 | 22 | 0.4634 % | 2,179.1 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CM.PR.O | FixedReset Disc | -7.59 % | A nonsensical quote provided at high cost by Nonsense Central, as the issue traded 10,050 shares today in a range of 18.80-01 before being quoted at 17.52-19.30. The closing price was 18.93.
I have not checked whether the lamentable state of the quote is due to inadequate Toronto Stock Exchange reporting or inadequate Toronto Stock Exchange supervision of market-makers. YTW SCENARIO |
| RY.PR.M | FixedReset Disc | -3.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 20.06 Evaluated at bid price : 20.06 Bid-YTW : 5.59 % |
| BNS.PR.I | FixedReset Disc | -2.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 21.72 Evaluated at bid price : 22.11 Bid-YTW : 5.12 % |
| RY.PR.S | FixedReset Disc | -2.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 5.20 % |
| BAM.PR.T | FixedReset Disc | -2.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 16.68 Evaluated at bid price : 16.68 Bid-YTW : 6.24 % |
| BAM.PF.E | FixedReset Disc | -1.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 18.84 Evaluated at bid price : 18.84 Bid-YTW : 6.05 % |
| RY.PR.Z | FixedReset Disc | -1.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 19.20 Evaluated at bid price : 19.20 Bid-YTW : 5.44 % |
| CCS.PR.C | Deemed-Retractible | -1.77 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 22.16 Bid-YTW : 6.55 % |
| BAM.PR.B | Floater | -1.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 12.71 Evaluated at bid price : 12.71 Bid-YTW : 5.50 % |
| IFC.PR.F | Deemed-Retractible | -1.42 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 22.85 Bid-YTW : 6.49 % |
| MFC.PR.M | FixedReset Ins Non | -1.35 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 18.30 Bid-YTW : 8.10 % |
| EMA.PR.H | FixedReset Disc | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 22.45 Evaluated at bid price : 23.26 Bid-YTW : 5.32 % |
| BAM.PF.A | FixedReset Disc | -1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 21.35 Evaluated at bid price : 21.35 Bid-YTW : 5.83 % |
| IAF.PR.G | FixedReset Ins Non | -1.14 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 20.02 Bid-YTW : 7.14 % |
| CU.PR.E | Perpetual-Discount | -1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 21.85 Evaluated at bid price : 21.85 Bid-YTW : 5.71 % |
| BAM.PF.J | FixedReset Disc | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 22.97 Evaluated at bid price : 24.25 Bid-YTW : 5.13 % |
| BAM.PR.R | FixedReset Disc | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 17.20 Evaluated at bid price : 17.20 Bid-YTW : 5.99 % |
| TRP.PR.A | FixedReset Disc | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 15.75 Evaluated at bid price : 15.75 Bid-YTW : 6.18 % |
| CU.PR.G | Perpetual-Discount | 1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 20.27 Evaluated at bid price : 20.27 Bid-YTW : 5.65 % |
| BAM.PF.H | FixedReset Prem | 1.14 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2020-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.82 Bid-YTW : 3.43 % |
| NA.PR.G | FixedReset Disc | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 21.55 Evaluated at bid price : 21.87 Bid-YTW : 5.47 % |
| GWO.PR.Q | Deemed-Retractible | 1.29 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 22.81 Bid-YTW : 6.35 % |
| TRP.PR.B | FixedReset Disc | 1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 13.07 Evaluated at bid price : 13.07 Bid-YTW : 6.09 % |
| BMO.PR.Q | FixedReset Bank Non | 1.33 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 22.93 Bid-YTW : 5.13 % |
| BMO.PR.T | FixedReset Disc | 1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 19.05 Evaluated at bid price : 19.05 Bid-YTW : 5.60 % |
| IFC.PR.E | Deemed-Retractible | 1.46 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 22.95 Bid-YTW : 6.33 % |
| HSE.PR.C | FixedReset Disc | 1.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 19.43 Evaluated at bid price : 19.43 Bid-YTW : 6.58 % |
| BMO.PR.W | FixedReset Disc | 1.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 18.80 Evaluated at bid price : 18.80 Bid-YTW : 5.63 % |
| TD.PF.B | FixedReset Disc | 1.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 19.36 Evaluated at bid price : 19.36 Bid-YTW : 5.48 % |
| PWF.PR.P | FixedReset Disc | 2.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 15.08 Evaluated at bid price : 15.08 Bid-YTW : 5.69 % |
| BAM.PR.X | FixedReset Disc | 2.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 15.39 Evaluated at bid price : 15.39 Bid-YTW : 5.83 % |
| TRP.PR.C | FixedReset Disc | 2.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 13.85 Evaluated at bid price : 13.85 Bid-YTW : 6.09 % |
| IFC.PR.C | FixedReset Ins Non | 2.15 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 19.00 Bid-YTW : 7.55 % |
| RY.PR.H | FixedReset Disc | 3.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 19.40 Evaluated at bid price : 19.40 Bid-YTW : 5.44 % |
| HSE.PR.A | FixedReset Disc | 3.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 13.52 Evaluated at bid price : 13.52 Bid-YTW : 6.57 % |
| BAM.PR.Z | FixedReset Disc | 4.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 21.51 Evaluated at bid price : 21.51 Bid-YTW : 5.72 % |
| TD.PF.E | FixedReset Disc | 5.64 % | Just a reversal of yesterday‘s nonsense.
YTW SCENARIO |
| MFC.PR.K | FixedReset Ins Non | 6.26 % | Just a reversal of yesterday‘s nonsense.
YTW SCENARIO |
| TD.PF.D | FixedReset Disc | 11.40 % | Just a reversal of yesterday‘s nonsense.
YTW SCENARIO |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| CM.PR.T | FixedReset Disc | 78,608 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 23.03 Evaluated at bid price : 24.68 Bid-YTW : 5.26 % |
| RY.PR.L | FixedReset Bank Non | 71,052 | YTW SCENARIO Maturity Type : Call Maturity Date : 2019-02-24 Maturity Price : 25.00 Evaluated at bid price : 24.96 Bid-YTW : 1.96 % |
| RY.PR.J | FixedReset Disc | 70,960 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 21.15 Evaluated at bid price : 21.15 Bid-YTW : 5.48 % |
| IFC.PR.G | FixedReset Ins Non | 69,590 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.10 Bid-YTW : 6.81 % |
| RY.PR.H | FixedReset Disc | 59,250 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-25 Maturity Price : 19.40 Evaluated at bid price : 19.40 Bid-YTW : 5.44 % |
| RY.PR.C | Deemed-Retractible | 56,740 | YTW SCENARIO Maturity Type : Call Maturity Date : 2019-02-24 Maturity Price : 25.00 Evaluated at bid price : 25.06 Bid-YTW : -2.90 % |
| There were 35 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| CM.PR.O | FixedReset Disc | Quote: 17.52 – 19.30 Spot Rate : 1.7800 Average : 1.1823 YTW SCENARIO |
| BAM.PF.A | FixedReset Disc | Quote: 21.35 – 22.50 Spot Rate : 1.1500 Average : 0.6885 YTW SCENARIO |
| CM.PR.S | FixedReset Disc | Quote: 20.25 – 21.30 Spot Rate : 1.0500 Average : 0.6724 YTW SCENARIO |
| RY.PR.M | FixedReset Disc | Quote: 20.06 – 21.00 Spot Rate : 0.9400 Average : 0.5819 YTW SCENARIO |
| TD.PF.A | FixedReset Disc | Quote: 19.20 – 20.60 Spot Rate : 1.4000 Average : 1.0539 YTW SCENARIO |
| TD.PF.J | FixedReset Disc | Quote: 21.14 – 22.70 Spot Rate : 1.5600 Average : 1.2258 YTW SCENARIO |