Long corporates are now at 3.53%.
| 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 | 0.5736 % | 2,722.6 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5736 % | 4,995.8 |
| Floater | 3.19 % | 3.20 % | 48,991 | 19.25 | 3 | 0.5736 % | 2,879.1 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2690 % | 3,726.3 |
| SplitShare | 4.60 % | 4.04 % | 48,771 | 3.92 | 5 | 0.2690 % | 4,450.0 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2690 % | 3,472.1 |
| Perpetual-Premium | 5.06 % | -10.80 % | 57,483 | 0.09 | 32 | -0.0488 % | 3,290.2 |
| Perpetual-Discount | 0.00 % | 0.00 % | 0 | 0.00 | 1 | -0.0488 % | 3,959.5 |
| FixedReset Disc | 3.88 % | 3.83 % | 97,166 | 17.32 | 41 | -0.5985 % | 2,887.5 |
| Insurance Straight | 4.88 % | -0.35 % | 84,372 | 0.09 | 20 | 0.0137 % | 3,719.0 |
| FloatingReset | 2.55 % | 2.85 % | 28,498 | 20.13 | 2 | 0.8696 % | 2,824.6 |
| FixedReset Prem | 4.70 % | 2.85 % | 129,759 | 1.53 | 31 | -0.1112 % | 2,760.1 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.5985 % | 2,951.6 |
| FixedReset Ins Non | 4.05 % | 3.55 % | 94,995 | 17.56 | 19 | -0.4828 % | 2,978.7 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| PWF.PR.P | FixedReset Disc | -7.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 16.65 Evaluated at bid price : 16.65 Bid-YTW : 3.96 % |
| MFC.PR.F | FixedReset Ins Non | -5.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 17.20 Evaluated at bid price : 17.20 Bid-YTW : 3.74 % |
| BAM.PR.T | FixedReset Disc | -4.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 20.30 Evaluated at bid price : 20.30 Bid-YTW : 4.35 % |
| NA.PR.W | FixedReset Disc | -1.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 23.04 Evaluated at bid price : 24.25 Bid-YTW : 3.52 % |
| CU.PR.C | FixedReset Disc | -1.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 21.91 Evaluated at bid price : 22.44 Bid-YTW : 4.01 % |
| BAM.PR.B | Floater | -1.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 13.35 Evaluated at bid price : 13.35 Bid-YTW : 3.23 % |
| FTS.PR.K | FixedReset Disc | -1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 3.92 % |
| IFC.PR.I | Perpetual-Premium | -1.29 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.50 Evaluated at bid price : 26.75 Bid-YTW : 4.35 % |
| FTS.PR.H | FixedReset Disc | -1.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 16.15 Evaluated at bid price : 16.15 Bid-YTW : 3.91 % |
| SLF.PR.H | FixedReset Ins Non | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 22.39 Evaluated at bid price : 23.20 Bid-YTW : 3.48 % |
| RY.PR.M | FixedReset Disc | -1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 23.02 Evaluated at bid price : 24.41 Bid-YTW : 3.68 % |
| TRP.PR.A | FixedReset Disc | -1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 19.25 Evaluated at bid price : 19.25 Bid-YTW : 4.16 % |
| BAM.PF.G | FixedReset Disc | -1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 22.45 Evaluated at bid price : 23.15 Bid-YTW : 4.18 % |
| GWO.PR.N | FixedReset Ins Non | -1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 16.82 Evaluated at bid price : 16.82 Bid-YTW : 3.50 % |
| BAM.PF.A | FixedReset Prem | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 23.63 Evaluated at bid price : 25.11 Bid-YTW : 4.10 % |
| BAM.PF.H | FixedReset Prem | -1.01 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-31 Maturity Price : 25.00 Evaluated at bid price : 27.50 Bid-YTW : 2.55 % |
| BAM.PR.Z | FixedReset Disc | -1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 24.27 Evaluated at bid price : 24.65 Bid-YTW : 4.26 % |
| SLF.PR.J | FloatingReset | 2.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 16.90 Evaluated at bid price : 16.90 Bid-YTW : 2.26 % |
| BAM.PR.K | Floater | 3.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 13.50 Evaluated at bid price : 13.50 Bid-YTW : 3.19 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BNS.PR.H | FixedReset Prem | 58,300 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-01-26 Maturity Price : 25.00 Evaluated at bid price : 25.19 Bid-YTW : 1.55 % |
| BMO.PR.S | FixedReset Disc | 54,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 23.31 Evaluated at bid price : 24.62 Bid-YTW : 3.57 % |
| IFC.PR.F | Insurance Straight | 51,800 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-09-30 Maturity Price : 26.00 Evaluated at bid price : 26.36 Bid-YTW : 3.85 % |
| TRP.PR.D | FixedReset Disc | 47,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 21.66 Evaluated at bid price : 22.10 Bid-YTW : 4.07 % |
| GWO.PR.N | FixedReset Ins Non | 46,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 16.82 Evaluated at bid price : 16.82 Bid-YTW : 3.50 % |
| GWO.PR.Y | Insurance Straight | 41,310 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-13 Maturity Price : 24.54 Evaluated at bid price : 24.93 Bid-YTW : 4.52 % |
| There were 18 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| PWF.PR.P | FixedReset Disc | Quote: 16.65 – 18.23 Spot Rate : 1.5800 Average : 1.0569 YTW SCENARIO |
| MFC.PR.F | FixedReset Ins Non | Quote: 17.20 – 18.50 Spot Rate : 1.3000 Average : 0.9722 YTW SCENARIO |
| BAM.PR.T | FixedReset Disc | Quote: 20.30 – 21.20 Spot Rate : 0.9000 Average : 0.6117 YTW SCENARIO |
| NA.PR.W | FixedReset Disc | Quote: 24.25 – 24.68 Spot Rate : 0.4300 Average : 0.2544 YTW SCENARIO |
| FTS.PR.K | FixedReset Disc | Quote: 21.50 – 22.00 Spot Rate : 0.5000 Average : 0.3286 YTW SCENARIO |
| BAM.PF.H | FixedReset Prem | Quote: 27.50 – 27.94 Spot Rate : 0.4400 Average : 0.2801 YTW SCENARIO |