| 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 | 3.04 % | 3.52 % | 40,599 | 20.05 | 1 | -0.2973 % | 2,866.2 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0932 % | 5,320.3 |
| Floater | 2.99 % | 3.01 % | 55,203 | 19.72 | 3 | 0.0932 % | 3,066.1 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1045 % | 3,647.1 |
| SplitShare | 4.71 % | 4.32 % | 32,820 | 3.59 | 6 | -0.1045 % | 4,355.5 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1045 % | 3,398.3 |
| Perpetual-Premium | 5.15 % | -13.44 % | 42,518 | 0.09 | 23 | -0.0930 % | 3,262.1 |
| Perpetual-Discount | 4.77 % | 4.84 % | 51,085 | 15.76 | 11 | -0.4853 % | 3,855.3 |
| FixedReset Disc | 3.96 % | 3.93 % | 102,026 | 16.97 | 42 | 0.0042 % | 2,841.8 |
| Insurance Straight | 4.89 % | 4.53 % | 80,539 | 15.72 | 18 | -0.1190 % | 3,667.9 |
| FloatingReset | 2.63 % | 2.97 % | 33,268 | 19.82 | 2 | 0.8090 % | 2,831.9 |
| FixedReset Prem | 4.69 % | 2.94 % | 117,688 | 1.31 | 28 | -0.0735 % | 2,741.4 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0042 % | 2,904.9 |
| FixedReset Ins Non | 4.08 % | 3.74 % | 68,270 | 17.29 | 17 | 0.3840 % | 2,980.1 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CU.PR.G | Perpetual-Discount | -3.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 23.73 Evaluated at bid price : 24.00 Bid-YTW : 4.73 % |
| BAM.PR.Z | FixedReset Disc | -3.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 23.62 Evaluated at bid price : 24.15 Bid-YTW : 4.51 % |
| FTS.PR.H | FixedReset Disc | -2.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 16.65 Evaluated at bid price : 16.65 Bid-YTW : 4.04 % |
| CIU.PR.A | Perpetual-Discount | -1.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 23.53 Evaluated at bid price : 23.80 Bid-YTW : 4.88 % |
| BAM.PF.B | FixedReset Disc | -1.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 22.42 Evaluated at bid price : 22.82 Bid-YTW : 4.46 % |
| SLF.PR.H | FixedReset Ins Non | -1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 22.29 Evaluated at bid price : 23.00 Bid-YTW : 3.69 % |
| SLF.PR.C | Insurance Straight | -1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 24.16 Evaluated at bid price : 24.41 Bid-YTW : 4.57 % |
| BMO.PR.F | FixedReset Prem | -1.12 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2024-05-25 Maturity Price : 25.00 Evaluated at bid price : 26.60 Bid-YTW : 2.58 % |
| TD.PF.D | FixedReset Disc | -1.11 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-07-31 Maturity Price : 25.00 Evaluated at bid price : 24.85 Bid-YTW : 3.57 % |
| CU.PR.E | Perpetual-Premium | -1.02 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-02-05 Maturity Price : 25.00 Evaluated at bid price : 25.16 Bid-YTW : 2.99 % |
| TRP.PR.F | FloatingReset | 1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 17.64 Evaluated at bid price : 17.64 Bid-YTW : 2.97 % |
| TRP.PR.D | FixedReset Disc | 1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 21.31 Evaluated at bid price : 21.31 Bid-YTW : 4.45 % |
| FTS.PR.G | FixedReset Disc | 1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 21.80 Evaluated at bid price : 22.30 Bid-YTW : 4.03 % |
| TD.PF.E | FixedReset Disc | 1.49 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-10-31 Maturity Price : 25.00 Evaluated at bid price : 25.23 Bid-YTW : 3.16 % |
| BMO.PR.W | FixedReset Disc | 1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 23.15 Evaluated at bid price : 24.36 Bid-YTW : 3.69 % |
| FTS.PR.M | FixedReset Disc | 1.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 22.68 Evaluated at bid price : 23.40 Bid-YTW : 4.13 % |
| FTS.PR.K | FixedReset Disc | 2.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 21.34 Evaluated at bid price : 21.65 Bid-YTW : 4.05 % |
| MFC.PR.N | FixedReset Ins Non | 2.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 22.82 Evaluated at bid price : 23.74 Bid-YTW : 3.84 % |
| SLF.PR.G | FixedReset Ins Non | 3.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 18.60 Evaluated at bid price : 18.60 Bid-YTW : 3.56 % |
| MFC.PR.F | FixedReset Ins Non | 4.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 18.75 Evaluated at bid price : 18.75 Bid-YTW : 3.63 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| TD.PF.J | FixedReset Prem | 79,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2023-04-30 Maturity Price : 25.00 Evaluated at bid price : 25.50 Bid-YTW : 3.81 % |
| NA.PR.S | FixedReset Disc | 33,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 23.37 Evaluated at bid price : 24.65 Bid-YTW : 3.77 % |
| TRP.PR.A | FixedReset Disc | 31,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 18.75 Evaluated at bid price : 18.75 Bid-YTW : 4.48 % |
| BMO.PR.B | FixedReset Prem | 26,472 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-02-25 Maturity Price : 25.00 Evaluated at bid price : 25.24 Bid-YTW : 1.90 % |
| FTS.PR.M | FixedReset Disc | 25,202 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 22.68 Evaluated at bid price : 23.40 Bid-YTW : 4.13 % |
| SLF.PR.H | FixedReset Ins Non | 24,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-01-06 Maturity Price : 22.29 Evaluated at bid price : 23.00 Bid-YTW : 3.69 % |
| There were 9 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| TRP.PR.G | FixedReset Disc | Quote: 12.50 – 24.19 Spot Rate : 11.6900 Average : 6.5488 YTW SCENARIO |
| TRP.PR.A | FixedReset Disc | Quote: 18.75 – 20.70 Spot Rate : 1.9500 Average : 1.3347 YTW SCENARIO |
| BAM.PR.Z | FixedReset Disc | Quote: 24.15 – 24.94 Spot Rate : 0.7900 Average : 0.4981 YTW SCENARIO |
| CU.PR.G | Perpetual-Discount | Quote: 24.00 – 24.91 Spot Rate : 0.9100 Average : 0.6629 YTW SCENARIO |
| IFC.PR.I | Perpetual-Premium | Quote: 26.37 – 27.60 Spot Rate : 1.2300 Average : 1.0240 YTW SCENARIO |
| BAM.PF.E | FixedReset Disc | Quote: 20.87 – 22.30 Spot Rate : 1.4300 Average : 1.2764 YTW SCENARIO |