| 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 | -0.5306 % | 1,966.2 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.5306 % | 3,607.9 |
| Floater | 6.15 % | 6.31 % | 42,679 | 13.35 | 4 | -0.5306 % | 2,079.3 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0901 % | 3,422.6 |
| SplitShare | 4.66 % | 4.51 % | 47,920 | 3.87 | 7 | -0.0901 % | 4,087.4 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0901 % | 3,189.1 |
| Perpetual-Premium | 5.54 % | -19.03 % | 54,531 | 0.09 | 10 | -0.0274 % | 3,045.3 |
| Perpetual-Discount | 5.29 % | 5.38 % | 68,606 | 14.84 | 25 | 0.1293 % | 3,267.7 |
| FixedReset Disc | 5.62 % | 5.67 % | 183,511 | 14.33 | 66 | 0.1113 % | 2,096.1 |
| Deemed-Retractible | 5.15 % | 5.28 % | 65,390 | 14.78 | 27 | 0.1450 % | 3,217.1 |
| FloatingReset | 6.34 % | 6.59 % | 111,922 | 13.13 | 2 | -0.6081 % | 2,437.3 |
| FixedReset Prem | 5.12 % | 3.63 % | 153,806 | 1.57 | 20 | -0.0039 % | 2,626.6 |
| FixedReset Bank Non | 1.96 % | 4.13 % | 61,885 | 2.10 | 3 | -0.1100 % | 2,700.5 |
| FixedReset Ins Non | 5.49 % | 5.72 % | 120,132 | 14.34 | 22 | -0.1877 % | 2,132.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| IAF.PR.I | FixedReset Ins Non | -1.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 19.10 Evaluated at bid price : 19.10 Bid-YTW : 5.72 % |
| PWF.PR.P | FixedReset Disc | -1.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 12.57 Evaluated at bid price : 12.57 Bid-YTW : 6.15 % |
| SLF.PR.H | FixedReset Ins Non | -1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 15.73 Evaluated at bid price : 15.73 Bid-YTW : 5.72 % |
| TRP.PR.B | FixedReset Disc | -1.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 11.06 Evaluated at bid price : 11.06 Bid-YTW : 6.29 % |
| SLF.PR.J | FloatingReset | -1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 12.71 Evaluated at bid price : 12.71 Bid-YTW : 6.05 % |
| PWF.PR.A | Floater | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 11.60 Evaluated at bid price : 11.60 Bid-YTW : 6.02 % |
| BAM.PF.A | FixedReset Disc | -1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 19.70 Evaluated at bid price : 19.70 Bid-YTW : 5.90 % |
| HSE.PR.C | FixedReset Disc | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 16.40 Evaluated at bid price : 16.40 Bid-YTW : 7.09 % |
| BAM.PF.J | FixedReset Disc | 1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 23.39 Evaluated at bid price : 25.07 Bid-YTW : 4.71 % |
| PWF.PR.T | FixedReset Disc | 1.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 17.86 Evaluated at bid price : 17.86 Bid-YTW : 5.61 % |
| TRP.PR.A | FixedReset Disc | 1.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 13.76 Evaluated at bid price : 13.76 Bid-YTW : 6.24 % |
| HSE.PR.G | FixedReset Disc | 1.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 17.35 Evaluated at bid price : 17.35 Bid-YTW : 7.25 % |
| HSE.PR.E | FixedReset Disc | 2.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 17.40 Evaluated at bid price : 17.40 Bid-YTW : 7.31 % |
| BAM.PR.X | FixedReset Disc | 2.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 13.25 Evaluated at bid price : 13.25 Bid-YTW : 6.18 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BMO.PR.E | FixedReset Disc | 115,285 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 19.50 Evaluated at bid price : 19.50 Bid-YTW : 5.61 % |
| CM.PR.T | FixedReset Disc | 94,382 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 22.68 Evaluated at bid price : 23.71 Bid-YTW : 5.19 % |
| TRP.PR.A | FixedReset Disc | 86,549 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 13.76 Evaluated at bid price : 13.76 Bid-YTW : 6.24 % |
| CM.PR.R | FixedReset Disc | 74,932 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 21.20 Evaluated at bid price : 21.20 Bid-YTW : 5.74 % |
| RY.PR.S | FixedReset Disc | 51,451 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 18.85 Evaluated at bid price : 18.85 Bid-YTW : 5.49 % |
| IFC.PR.G | FixedReset Ins Non | 47,526 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-11-29 Maturity Price : 18.26 Evaluated at bid price : 18.26 Bid-YTW : 5.93 % |
| There were 33 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| SLF.PR.J | FloatingReset | Quote: 12.71 – 13.16 Spot Rate : 0.4500 Average : 0.3226 YTW SCENARIO |
| HSE.PR.C | FixedReset Disc | Quote: 16.40 – 16.83 Spot Rate : 0.4300 Average : 0.3109 YTW SCENARIO |
| BNS.PR.Z | FixedReset Bank Non | Quote: 24.17 – 24.50 Spot Rate : 0.3300 Average : 0.2157 YTW SCENARIO |
| BMO.PR.S | FixedReset Disc | Quote: 17.20 – 17.47 Spot Rate : 0.2700 Average : 0.1658 YTW SCENARIO |
| BAM.PF.E | FixedReset Disc | Quote: 16.45 – 16.82 Spot Rate : 0.3700 Average : 0.2679 YTW SCENARIO |
| NA.PR.E | FixedReset Disc | Quote: 18.26 – 18.58 Spot Rate : 0.3200 Average : 0.2314 YTW SCENARIO |
Anyone have any news re the extension and/or reset rate for HSE.PR.C?
Cheers!
I suspect they will announce the extension and the reset rate together on Monday, December 2.
While an earlier announcement of extension is always appreciated, I don’t get fussed if issuers skip that step.