Well, that’s another month done! This one was considerably more pleasant than the last one!
| HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
|||||||
| 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 | -0.4259 % | 1,473.6 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4259 % | 2,704.0 |
| Floater | 5.24 % | 5.46 % | 38,197 | 14.71 | 4 | -0.4259 % | 1,558.3 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1820 % | 3,320.1 |
| SplitShare | 5.00 % | 5.83 % | 68,315 | 3.91 | 7 | -0.1820 % | 3,964.9 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1820 % | 3,093.6 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.6252 % | 2,905.4 |
| Perpetual-Discount | 5.78 % | 5.90 % | 89,840 | 14.04 | 35 | 0.6252 % | 3,116.4 |
| FixedReset Disc | 6.38 % | 5.34 % | 209,778 | 14.78 | 83 | 0.0986 % | 1,783.2 |
| Deemed-Retractible | 5.54 % | 5.83 % | 97,495 | 13.91 | 27 | 0.0637 % | 3,059.5 |
| FloatingReset | 4.95 % | 4.83 % | 63,702 | 15.80 | 3 | 0.4876 % | 1,775.0 |
| FixedReset Prem | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0986 % | 2,466.1 |
| FixedReset Bank Non | 1.99 % | 3.10 % | 184,591 | 1.72 | 2 | 0.7282 % | 2,775.3 |
| FixedReset Ins Non | 6.67 % | 5.52 % | 132,626 | 14.13 | 22 | 0.7320 % | 1,782.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| TD.PF.E | FixedReset Disc | -11.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 14.30 Evaluated at bid price : 14.30 Bid-YTW : 5.87 % |
| TRP.PR.G | FixedReset Disc | -6.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 13.55 Evaluated at bid price : 13.55 Bid-YTW : 6.45 % |
| RY.PR.J | FixedReset Disc | -5.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 15.05 Evaluated at bid price : 15.05 Bid-YTW : 5.31 % |
| TRP.PR.F | FloatingReset | -4.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 9.63 Evaluated at bid price : 9.63 Bid-YTW : 5.65 % |
| BAM.PF.A | FixedReset Disc | -3.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 16.00 Evaluated at bid price : 16.00 Bid-YTW : 5.87 % |
| CM.PR.P | FixedReset Disc | -2.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 14.45 Evaluated at bid price : 14.45 Bid-YTW : 5.28 % |
| BAM.PF.G | FixedReset Disc | -2.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 13.83 Evaluated at bid price : 13.83 Bid-YTW : 6.03 % |
| CM.PR.R | FixedReset Disc | -2.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 17.10 Evaluated at bid price : 17.10 Bid-YTW : 5.77 % |
| NA.PR.E | FixedReset Disc | -2.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 15.40 Evaluated at bid price : 15.40 Bid-YTW : 5.38 % |
| NA.PR.C | FixedReset Disc | -2.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 17.20 Evaluated at bid price : 17.20 Bid-YTW : 5.79 % |
| CM.PR.S | FixedReset Disc | -2.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 15.22 Evaluated at bid price : 15.22 Bid-YTW : 5.25 % |
| TRP.PR.C | FixedReset Disc | -2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 8.75 Evaluated at bid price : 8.75 Bid-YTW : 5.76 % |
| BAM.PR.B | Floater | -1.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 7.94 Evaluated at bid price : 7.94 Bid-YTW : 5.46 % |
| PVS.PR.H | SplitShare | -1.85 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2027-02-28 Maturity Price : 25.00 Evaluated at bid price : 23.85 Bid-YTW : 5.68 % |
| TRP.PR.K | FixedReset Disc | -1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 22.22 Evaluated at bid price : 22.50 Bid-YTW : 5.53 % |
| BAM.PR.Z | FixedReset Disc | -1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 15.30 Evaluated at bid price : 15.30 Bid-YTW : 6.00 % |
| IFC.PR.A | FixedReset Ins Non | -1.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 11.05 Evaluated at bid price : 11.05 Bid-YTW : 5.41 % |
| TD.PF.D | FixedReset Disc | -1.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 15.44 Evaluated at bid price : 15.44 Bid-YTW : 5.29 % |
| BIP.PR.E | FixedReset Disc | -1.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 19.20 Evaluated at bid price : 19.20 Bid-YTW : 6.60 % |
| BAM.PF.E | FixedReset Disc | -1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 12.31 Evaluated at bid price : 12.31 Bid-YTW : 6.56 % |
| BIP.PR.A | FixedReset Disc | -1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 14.20 Evaluated at bid price : 14.20 Bid-YTW : 7.17 % |
| GWO.PR.G | Deemed-Retractible | -1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 21.45 Evaluated at bid price : 21.71 Bid-YTW : 6.05 % |
| BIP.PR.B | FixedReset Disc | -1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 21.76 Evaluated at bid price : 22.20 Bid-YTW : 6.26 % |
| BIP.PR.D | FixedReset Disc | -1.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 19.65 Evaluated at bid price : 19.65 Bid-YTW : 6.45 % |
| NA.PR.G | FixedReset Disc | -1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 16.30 Evaluated at bid price : 16.30 Bid-YTW : 5.50 % |
| CM.PR.O | FixedReset Disc | -1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 13.91 Evaluated at bid price : 13.91 Bid-YTW : 5.45 % |
| TD.PF.K | FixedReset Disc | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 17.16 Evaluated at bid price : 17.16 Bid-YTW : 4.98 % |
| NA.PR.S | FixedReset Disc | -1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 14.64 Evaluated at bid price : 14.64 Bid-YTW : 5.35 % |
| TD.PF.C | FixedReset Disc | -1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 15.20 Evaluated at bid price : 15.20 Bid-YTW : 5.00 % |
| PWF.PR.T | FixedReset Disc | -1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 13.42 Evaluated at bid price : 13.42 Bid-YTW : 5.92 % |
| BNS.PR.H | FixedReset Disc | 1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 22.82 Evaluated at bid price : 23.20 Bid-YTW : 5.03 % |
| PWF.PR.K | Perpetual-Discount | 1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 20.61 Evaluated at bid price : 20.61 Bid-YTW : 6.05 % |
| PWF.PR.R | Perpetual-Discount | 1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 22.74 Evaluated at bid price : 22.99 Bid-YTW : 6.01 % |
| PWF.PR.G | Perpetual-Discount | 1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 24.21 Evaluated at bid price : 24.50 Bid-YTW : 6.05 % |
| BAM.PF.C | Perpetual-Discount | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 20.83 Evaluated at bid price : 20.83 Bid-YTW : 5.90 % |
| GWO.PR.M | Deemed-Retractible | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 24.04 Evaluated at bid price : 24.29 Bid-YTW : 6.04 % |
| BMO.PR.S | FixedReset Disc | 1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 14.99 Evaluated at bid price : 14.99 Bid-YTW : 5.04 % |
| MFC.PR.H | FixedReset Ins Non | 1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 16.30 Evaluated at bid price : 16.30 Bid-YTW : 5.71 % |
| MFC.PR.O | FixedReset Ins Non | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 23.72 Evaluated at bid price : 24.20 Bid-YTW : 5.67 % |
| BMO.PR.Q | FixedReset Bank Non | 1.26 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 24.19 Bid-YTW : 3.60 % |
| ELF.PR.H | Perpetual-Discount | 1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 22.75 Evaluated at bid price : 23.04 Bid-YTW : 6.01 % |
| IFC.PR.G | FixedReset Ins Non | 1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 15.65 Evaluated at bid price : 15.65 Bid-YTW : 5.42 % |
| BMO.PR.B | FixedReset Disc | 1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 22.46 Evaluated at bid price : 22.80 Bid-YTW : 4.97 % |
| GWO.PR.F | Deemed-Retractible | 1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 24.65 Evaluated at bid price : 24.91 Bid-YTW : 5.99 % |
| BMO.PR.Y | FixedReset Disc | 1.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 14.90 Evaluated at bid price : 14.90 Bid-YTW : 5.31 % |
| ELF.PR.G | Perpetual-Discount | 1.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 5.85 % |
| MFC.PR.I | FixedReset Ins Non | 1.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 15.00 Evaluated at bid price : 15.00 Bid-YTW : 5.86 % |
| BAM.PF.H | FixedReset Disc | 1.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 23.17 Evaluated at bid price : 23.85 Bid-YTW : 5.26 % |
| IFC.PR.C | FixedReset Ins Non | 1.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 14.75 Evaluated at bid price : 14.75 Bid-YTW : 5.37 % |
| CM.PR.Q | FixedReset Disc | 1.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 14.51 Evaluated at bid price : 14.51 Bid-YTW : 5.63 % |
| BMO.PR.C | FixedReset Disc | 1.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 18.12 Evaluated at bid price : 18.12 Bid-YTW : 5.34 % |
| TRP.PR.B | FixedReset Disc | 2.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 8.05 Evaluated at bid price : 8.05 Bid-YTW : 5.44 % |
| PWF.PR.F | Perpetual-Discount | 2.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 21.82 Evaluated at bid price : 22.06 Bid-YTW : 5.98 % |
| PWF.PR.L | Perpetual-Discount | 2.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 21.47 Evaluated at bid price : 21.47 Bid-YTW : 5.98 % |
| TRP.PR.A | FixedReset Disc | 2.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 11.86 Evaluated at bid price : 11.86 Bid-YTW : 5.71 % |
| HSE.PR.E | FixedReset Disc | 2.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 11.26 Evaluated at bid price : 11.26 Bid-YTW : 9.62 % |
| SLF.PR.I | FixedReset Ins Non | 2.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 15.05 Evaluated at bid price : 15.05 Bid-YTW : 5.45 % |
| POW.PR.D | Perpetual-Discount | 2.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 5.90 % |
| SLF.PR.H | FixedReset Ins Non | 2.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 12.62 Evaluated at bid price : 12.62 Bid-YTW : 5.29 % |
| MFC.PR.K | FixedReset Ins Non | 2.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 14.32 Evaluated at bid price : 14.32 Bid-YTW : 5.34 % |
| MFC.PR.F | FixedReset Ins Non | 2.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 9.15 Evaluated at bid price : 9.15 Bid-YTW : 5.21 % |
| W.PR.K | FixedReset Disc | 2.84 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 23.62 Evaluated at bid price : 24.25 Bid-YTW : 5.43 % |
| HSE.PR.G | FixedReset Disc | 2.91 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 10.61 Evaluated at bid price : 10.61 Bid-YTW : 9.54 % |
| SLF.PR.G | FixedReset Ins Non | 3.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 9.35 Evaluated at bid price : 9.35 Bid-YTW : 5.03 % |
| BNS.PR.I | FixedReset Disc | 3.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 17.85 Evaluated at bid price : 17.85 Bid-YTW : 4.61 % |
| BMO.PR.E | FixedReset Disc | 4.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 17.50 Evaluated at bid price : 17.50 Bid-YTW : 4.96 % |
| HSE.PR.C | FixedReset Disc | 4.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 10.85 Evaluated at bid price : 10.85 Bid-YTW : 9.35 % |
| TD.PF.J | FixedReset Disc | 5.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 17.48 Evaluated at bid price : 17.48 Bid-YTW : 4.90 % |
| TRP.PR.E | FixedReset Disc | 8.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 13.40 Evaluated at bid price : 13.40 Bid-YTW : 5.74 % |
| TRP.PR.H | FloatingReset | 8.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 7.90 Evaluated at bid price : 7.90 Bid-YTW : 4.83 % |
| PWF.PR.P | FixedReset Disc | 9.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 10.05 Evaluated at bid price : 10.05 Bid-YTW : 5.17 % |
| CU.PR.C | FixedReset Disc | 10.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 15.75 Evaluated at bid price : 15.75 Bid-YTW : 4.70 % |
| BAM.PR.X | FixedReset Disc | 12.97 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 10.45 Evaluated at bid price : 10.45 Bid-YTW : 5.60 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| MFC.PR.K | FixedReset Ins Non | 82,035 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 14.32 Evaluated at bid price : 14.32 Bid-YTW : 5.34 % |
| TRP.PR.A | FixedReset Disc | 66,104 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 11.86 Evaluated at bid price : 11.86 Bid-YTW : 5.71 % |
| TRP.PR.J | FixedReset Disc | 42,876 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 24.37 Evaluated at bid price : 24.75 Bid-YTW : 5.64 % |
| BMO.PR.Y | FixedReset Disc | 42,248 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 14.90 Evaluated at bid price : 14.90 Bid-YTW : 5.31 % |
| TD.PF.A | FixedReset Disc | 37,836 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 14.94 Evaluated at bid price : 14.94 Bid-YTW : 4.96 % |
| BAM.PF.C | Perpetual-Discount | 37,405 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-04-30 Maturity Price : 20.83 Evaluated at bid price : 20.83 Bid-YTW : 5.90 % |
| There were 38 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| TD.PF.D | FixedReset Disc | Quote: 15.44 – 18.80 Spot Rate : 3.3600 Average : 2.2556 YTW SCENARIO |
| BIP.PR.C | FixedReset Disc | Quote: 21.85 – 24.24 Spot Rate : 2.3900 Average : 1.4520 YTW SCENARIO |
| TD.PF.E | FixedReset Disc | Quote: 14.30 – 16.53 Spot Rate : 2.2300 Average : 1.5228 YTW SCENARIO |
| TRP.PR.G | FixedReset Disc | Quote: 13.55 – 15.09 Spot Rate : 1.5400 Average : 0.9692 YTW SCENARIO |
| RY.PR.J | FixedReset Disc | Quote: 15.05 – 16.19 Spot Rate : 1.1400 Average : 0.7474 YTW SCENARIO |
| IFC.PR.G | FixedReset Ins Non | Quote: 15.65 – 16.86 Spot Rate : 1.2100 Average : 0.8277 YTW SCENARIO |