| 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 | 3.21 % | 3.79 % | 39,347 | 19.75 | 1 | -1.0875 % | 2,720.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.3951 % | 5,165.5 |
| Floater | 3.40 % | 3.43 % | 58,826 | 18.61 | 3 | -1.3951 % | 2,976.9 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1577 % | 3,633.4 |
| SplitShare | 4.66 % | 4.26 % | 31,250 | 3.35 | 6 | -0.1577 % | 4,339.0 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1577 % | 3,385.5 |
| Perpetual-Premium | 5.23 % | 1.06 % | 62,736 | 0.09 | 21 | 0.2416 % | 3,221.8 |
| Perpetual-Discount | 4.93 % | 5.00 % | 62,828 | 15.40 | 11 | -0.4078 % | 3,736.0 |
| FixedReset Disc | 4.13 % | 4.40 % | 115,561 | 16.52 | 43 | 1.3697 % | 2,705.8 |
| Insurance Straight | 5.02 % | 4.69 % | 91,991 | 15.60 | 18 | 0.2979 % | 3,570.6 |
| FloatingReset | 2.95 % | 2.57 % | 66,846 | 20.89 | 2 | -0.8487 % | 2,844.9 |
| FixedReset Prem | 4.78 % | 3.78 % | 135,526 | 2.03 | 26 | 0.3014 % | 2,706.4 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 1.3697 % | 2,765.9 |
| FixedReset Ins Non | 4.28 % | 4.39 % | 84,368 | 16.56 | 17 | -0.4284 % | 2,842.1 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BAM.PR.N | Perpetual-Discount | -6.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 21.81 Evaluated at bid price : 22.05 Bid-YTW : 5.47 % |
| TRP.PR.E | FixedReset Disc | -3.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 19.25 Evaluated at bid price : 19.25 Bid-YTW : 5.23 % |
| IFC.PR.A | FixedReset Ins Non | -3.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 19.50 Evaluated at bid price : 19.50 Bid-YTW : 4.42 % |
| CIU.PR.A | Perpetual-Discount | -2.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 22.48 Evaluated at bid price : 22.74 Bid-YTW : 5.07 % |
| BAM.PR.R | FixedReset Disc | -2.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 19.32 Evaluated at bid price : 19.32 Bid-YTW : 4.99 % |
| BAM.PR.K | Floater | -2.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 13.80 Evaluated at bid price : 13.80 Bid-YTW : 3.46 % |
| SLF.PR.J | FloatingReset | -1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 17.55 Evaluated at bid price : 17.55 Bid-YTW : 2.57 % |
| IFC.PR.C | FixedReset Disc | -1.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 22.43 Evaluated at bid price : 23.24 Bid-YTW : 4.44 % |
| MFC.PR.K | FixedReset Ins Non | -1.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 22.60 Evaluated at bid price : 23.00 Bid-YTW : 4.25 % |
| BIP.PR.A | FixedReset Disc | -1.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 22.40 Evaluated at bid price : 23.00 Bid-YTW : 5.40 % |
| BAM.PR.C | Floater | -1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 13.90 Evaluated at bid price : 13.90 Bid-YTW : 3.43 % |
| NA.PR.E | FixedReset Disc | -1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 23.88 Evaluated at bid price : 24.32 Bid-YTW : 4.40 % |
| IAF.PR.G | FixedReset Ins Non | -1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 23.15 Evaluated at bid price : 24.05 Bid-YTW : 4.64 % |
| PVS.PR.J | SplitShare | -1.11 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2028-02-29 Maturity Price : 25.00 Evaluated at bid price : 24.89 Bid-YTW : 4.50 % |
| BAM.PF.A | FixedReset Prem | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 23.88 Evaluated at bid price : 24.25 Bid-YTW : 4.82 % |
| BAM.PR.E | Ratchet | -1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 25.00 Evaluated at bid price : 19.10 Bid-YTW : 3.79 % |
| TRP.PR.C | FixedReset Disc | -1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 14.83 Evaluated at bid price : 14.83 Bid-YTW : 5.00 % |
| MFC.PR.Q | FixedReset Ins Non | -1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 23.88 Evaluated at bid price : 24.30 Bid-YTW : 4.36 % |
| TD.PF.C | FixedReset Disc | -1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 22.29 Evaluated at bid price : 22.75 Bid-YTW : 4.31 % |
| CU.PR.J | Perpetual-Premium | -1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 24.37 Evaluated at bid price : 24.75 Bid-YTW : 4.80 % |
| FTS.PR.J | Perpetual-Premium | 1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 23.91 Evaluated at bid price : 24.15 Bid-YTW : 4.93 % |
| MFC.PR.B | Insurance Straight | 1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 23.85 Evaluated at bid price : 24.10 Bid-YTW : 4.82 % |
| SLF.PR.C | Insurance Straight | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 23.48 Evaluated at bid price : 23.75 Bid-YTW : 4.67 % |
| SLF.PR.D | Insurance Straight | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 23.36 Evaluated at bid price : 23.65 Bid-YTW : 4.69 % |
| PWF.PR.Z | Perpetual-Premium | 1.14 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-07-31 Maturity Price : 25.00 Evaluated at bid price : 25.67 Bid-YTW : 4.62 % |
| IAF.PR.I | FixedReset Ins Non | 1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 24.25 Evaluated at bid price : 24.66 Bid-YTW : 4.48 % |
| CU.PR.I | FixedReset Prem | 1.61 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-01 Maturity Price : 25.00 Evaluated at bid price : 26.43 Bid-YTW : 2.90 % |
| TD.PF.D | FixedReset Disc | 1.89 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-07-31 Maturity Price : 25.00 Evaluated at bid price : 24.20 Bid-YTW : 4.33 % |
| BAM.PR.M | Perpetual-Discount | 2.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 23.74 Evaluated at bid price : 24.05 Bid-YTW : 5.00 % |
| PWF.PR.S | Perpetual-Discount | 2.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 24.51 Evaluated at bid price : 24.74 Bid-YTW : 4.89 % |
| BMO.PR.T | FixedReset Disc | 2.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 22.17 Evaluated at bid price : 22.50 Bid-YTW : 4.31 % |
| IFC.PR.G | FixedReset Ins Non | 2.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 24.18 Evaluated at bid price : 24.55 Bid-YTW : 4.39 % |
| BAM.PF.I | FixedReset Prem | 3.20 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-04-30 Maturity Price : 25.00 Evaluated at bid price : 26.10 Bid-YTW : -15.59 % |
| BAM.PF.H | FixedReset Prem | 3.65 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-31 Maturity Price : 25.00 Evaluated at bid price : 26.95 Bid-YTW : 3.08 % |
| BAM.PR.T | FixedReset Disc | 15.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 4.89 % |
| CM.PR.Q | FixedReset Disc | 16.75 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 22.39 Evaluated at bid price : 23.00 Bid-YTW : 4.57 % |
| RY.PR.M | FixedReset Disc | 56.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 22.69 Evaluated at bid price : 23.60 Bid-YTW : 4.25 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| PWF.PR.L | Perpetual-Premium | 105,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 24.88 Evaluated at bid price : 25.10 Bid-YTW : 5.13 % |
| RY.PR.M | FixedReset Disc | 40,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-03-03 Maturity Price : 22.69 Evaluated at bid price : 23.60 Bid-YTW : 4.25 % |
| BMO.PR.C | FixedReset Prem | 38,900 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-05-25 Maturity Price : 25.00 Evaluated at bid price : 25.03 Bid-YTW : 4.32 % |
| TD.PF.M | FixedReset Prem | 36,035 | YTW SCENARIO Maturity Type : Call Maturity Date : 2024-07-31 Maturity Price : 25.00 Evaluated at bid price : 26.07 Bid-YTW : 3.45 % |
| GWO.PR.G | Insurance Straight | 30,500 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-04-02 Maturity Price : 25.00 Evaluated at bid price : 25.16 Bid-YTW : -7.45 % |
| CM.PR.Y | FixedReset Prem | 29,976 | YTW SCENARIO Maturity Type : Call Maturity Date : 2024-07-31 Maturity Price : 25.00 Evaluated at bid price : 26.40 Bid-YTW : 2.96 % |
| There were 20 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| IFC.PR.E | Insurance Straight | Quote: 25.58 – 32.99 Spot Rate : 7.4100 Average : 4.0318 YTW SCENARIO |
| BAM.PR.N | Perpetual-Discount | Quote: 22.05 – 24.06 Spot Rate : 2.0100 Average : 1.2486 YTW SCENARIO |
| BAM.PR.K | Floater | Quote: 13.80 – 15.50 Spot Rate : 1.7000 Average : 0.9847 YTW SCENARIO |
| TRP.PR.E | FixedReset Disc | Quote: 19.25 – 20.25 Spot Rate : 1.0000 Average : 0.6635 YTW SCENARIO |
| CU.PR.G | Perpetual-Discount | Quote: 23.60 – 24.88 Spot Rate : 1.2800 Average : 0.9825 YTW SCENARIO |
| PWF.PR.P | FixedReset Disc | Quote: 15.85 – 16.75 Spot Rate : 0.9000 Average : 0.7296 YTW SCENARIO |