Merry Christmas to all, and to all a good night!
| 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 | 0.2126 % | 2,079.6 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2126 % | 3,816.0 |
| Floater | 5.87 % | 6.00 % | 54,988 | 13.90 | 4 | 0.2126 % | 2,199.2 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1121 % | 3,446.9 |
| SplitShare | 4.62 % | 4.29 % | 40,159 | 3.81 | 7 | 0.1121 % | 4,116.4 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1121 % | 3,211.8 |
| Perpetual-Premium | 5.57 % | -6.64 % | 67,779 | 0.09 | 10 | 0.0118 % | 3,041.0 |
| Perpetual-Discount | 5.28 % | 5.36 % | 72,295 | 14.85 | 25 | -0.0636 % | 3,283.1 |
| FixedReset Disc | 5.49 % | 5.75 % | 221,797 | 14.28 | 66 | 0.0435 % | 2,150.4 |
| Deemed-Retractible | 5.16 % | 5.26 % | 70,903 | 14.95 | 27 | 0.1077 % | 3,233.9 |
| FloatingReset | 6.14 % | 6.40 % | 136,103 | 13.34 | 2 | 0.8512 % | 2,523.4 |
| FixedReset Prem | 5.08 % | 3.34 % | 148,659 | 1.51 | 20 | 0.0852 % | 2,652.4 |
| FixedReset Bank Non | 1.94 % | 3.79 % | 67,613 | 2.04 | 3 | -0.0545 % | 2,725.4 |
| FixedReset Ins Non | 5.39 % | 5.72 % | 151,166 | 14.30 | 22 | 0.1305 % | 2,181.1 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BAM.PR.X | FixedReset Disc | -1.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-24 Maturity Price : 13.38 Evaluated at bid price : 13.38 Bid-YTW : 6.23 % |
| GWO.PR.N | FixedReset Ins Non | -1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-24 Maturity Price : 13.36 Evaluated at bid price : 13.36 Bid-YTW : 5.42 % |
| EIT.PR.B | SplitShare | 1.03 % | YTW SCENARIO Maturity Type : Soft Maturity Maturity Date : 2025-03-14 Maturity Price : 25.00 Evaluated at bid price : 25.61 Bid-YTW : 4.32 % |
| TRP.PR.F | FloatingReset | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-24 Maturity Price : 14.12 Evaluated at bid price : 14.12 Bid-YTW : 6.40 % |
| BAM.PR.B | Floater | 1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-24 Maturity Price : 11.50 Evaluated at bid price : 11.50 Bid-YTW : 6.03 % |
| HSE.PR.C | FixedReset Disc | 1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-24 Maturity Price : 17.25 Evaluated at bid price : 17.25 Bid-YTW : 6.93 % |
| TRP.PR.D | FixedReset Disc | 1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-24 Maturity Price : 16.80 Evaluated at bid price : 16.80 Bid-YTW : 6.02 % |
| TRP.PR.C | FixedReset Disc | 1.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-24 Maturity Price : 12.62 Evaluated at bid price : 12.62 Bid-YTW : 6.24 % |
| HSE.PR.G | FixedReset Disc | 2.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-24 Maturity Price : 18.59 Evaluated at bid price : 18.59 Bid-YTW : 6.95 % |
| IFC.PR.C | FixedReset Ins Non | 2.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-24 Maturity Price : 17.76 Evaluated at bid price : 17.76 Bid-YTW : 5.92 % |
| TRP.PR.B | FixedReset Disc | 2.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-24 Maturity Price : 12.12 Evaluated at bid price : 12.12 Bid-YTW : 5.99 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| TD.PF.K | FixedReset Disc | 25,866 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-24 Maturity Price : 19.25 Evaluated at bid price : 19.25 Bid-YTW : 5.73 % |
| PWF.PR.R | Perpetual-Premium | 23,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-24 Maturity Price : 24.79 Evaluated at bid price : 25.11 Bid-YTW : 5.55 % |
| CM.PR.R | FixedReset Disc | 20,784 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-24 Maturity Price : 21.06 Evaluated at bid price : 21.06 Bid-YTW : 5.82 % |
| CM.PR.S | FixedReset Disc | 20,530 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-24 Maturity Price : 17.93 Evaluated at bid price : 17.93 Bid-YTW : 5.79 % |
| RY.PR.J | FixedReset Disc | 20,256 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-24 Maturity Price : 19.48 Evaluated at bid price : 19.48 Bid-YTW : 5.65 % |
| RY.PR.S | FixedReset Disc | 18,936 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-12-24 Maturity Price : 19.23 Evaluated at bid price : 19.23 Bid-YTW : 5.52 % |
| There were 11 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: 23.51 – 24.50 Spot Rate : 0.9900 Average : 0.8029 YTW SCENARIO |
| BMO.PR.W | FixedReset Disc | Quote: 17.34 – 17.89 Spot Rate : 0.5500 Average : 0.3773 YTW SCENARIO |
| PVS.PR.F | SplitShare | Quote: 25.39 – 25.90 Spot Rate : 0.5100 Average : 0.3603 YTW SCENARIO |
| HSE.PR.G | FixedReset Disc | Quote: 18.59 – 19.34 Spot Rate : 0.7500 Average : 0.6095 YTW SCENARIO |
| PWF.PR.T | FixedReset Disc | Quote: 18.27 – 18.73 Spot Rate : 0.4600 Average : 0.3549 YTW SCENARIO |
| TD.PF.C | FixedReset Disc | Quote: 17.34 – 17.60 Spot Rate : 0.2600 Average : 0.1686 YTW SCENARIO |