| 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 | 3.92 % | 4.58 % | 18,895 | 18.17 | 1 | 0.0000 % | 2,564.2 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.8854 % | 4,949.1 |
| Floater | 4.17 % | 4.18 % | 40,801 | 16.99 | 3 | -0.8854 % | 2,852.2 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0511 % | 3,498.0 |
| SplitShare | 4.86 % | 5.30 % | 36,457 | 3.25 | 8 | 0.0511 % | 4,177.4 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0511 % | 3,259.4 |
| Perpetual-Premium | 5.90 % | 5.96 % | 63,009 | 13.92 | 1 | 0.0000 % | 2,958.2 |
| Perpetual-Discount | 5.77 % | 5.88 % | 62,233 | 14.02 | 35 | 0.1087 % | 3,218.1 |
| FixedReset Disc | 4.58 % | 5.82 % | 120,036 | 14.26 | 59 | -0.2960 % | 2,535.7 |
| Insurance Straight | 5.71 % | 5.89 % | 91,248 | 13.99 | 20 | -0.1982 % | 3,141.3 |
| FloatingReset | 4.75 % | 5.16 % | 57,726 | 15.15 | 2 | -2.1374 % | 2,601.4 |
| FixedReset Prem | 5.11 % | 5.40 % | 121,117 | 2.05 | 9 | -0.0268 % | 2,582.5 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2960 % | 2,592.0 |
| FixedReset Ins Non | 4.47 % | 5.76 % | 71,657 | 14.55 | 15 | -0.7656 % | 2,682.1 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| NA.PR.S | FixedReset Disc | -5.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 6.09 % |
| TRP.PR.F | FloatingReset | -4.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 16.20 Evaluated at bid price : 16.20 Bid-YTW : 5.16 % |
| TRP.PR.C | FixedReset Disc | -3.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 13.30 Evaluated at bid price : 13.30 Bid-YTW : 6.97 % |
| TRP.PR.A | FixedReset Disc | -2.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 16.50 Evaluated at bid price : 16.50 Bid-YTW : 6.76 % |
| BMO.PR.W | FixedReset Disc | -2.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 20.05 Evaluated at bid price : 20.05 Bid-YTW : 5.94 % |
| FTS.PR.K | FixedReset Disc | -2.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 18.25 Evaluated at bid price : 18.25 Bid-YTW : 6.39 % |
| BAM.PR.R | FixedReset Disc | -2.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 17.20 Evaluated at bid price : 17.20 Bid-YTW : 6.67 % |
| BAM.PR.K | Floater | -2.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 13.20 Evaluated at bid price : 13.20 Bid-YTW : 4.29 % |
| MFC.PR.F | FixedReset Ins Non | -2.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 15.23 Evaluated at bid price : 15.23 Bid-YTW : 6.02 % |
| IFC.PR.A | FixedReset Ins Non | -1.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 18.87 Evaluated at bid price : 18.87 Bid-YTW : 5.87 % |
| GWO.PR.Y | Insurance Straight | -1.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 19.51 Evaluated at bid price : 19.51 Bid-YTW : 5.87 % |
| PVS.PR.I | SplitShare | -1.63 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-10-31 Maturity Price : 25.00 Evaluated at bid price : 24.20 Bid-YTW : 5.76 % |
| BMO.PR.Y | FixedReset Disc | -1.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 21.20 Evaluated at bid price : 21.20 Bid-YTW : 5.85 % |
| RY.PR.Z | FixedReset Disc | -1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 20.75 Evaluated at bid price : 20.75 Bid-YTW : 5.75 % |
| CM.PR.S | FixedReset Disc | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 22.71 Evaluated at bid price : 23.36 Bid-YTW : 5.47 % |
| IAF.PR.B | Insurance Straight | -1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 21.36 Evaluated at bid price : 21.63 Bid-YTW : 5.39 % |
| ELF.PR.F | Perpetual-Discount | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 22.39 Evaluated at bid price : 22.65 Bid-YTW : 5.92 % |
| MFC.PR.I | FixedReset Ins Non | 1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 23.79 Evaluated at bid price : 24.60 Bid-YTW : 5.58 % |
| PVS.PR.G | SplitShare | 1.22 % | YTW SCENARIO Maturity Type : Option Certainty Maturity Date : 2026-02-28 Maturity Price : 25.00 Evaluated at bid price : 24.85 Bid-YTW : 5.05 % |
| BAM.PR.M | Perpetual-Discount | 1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 5.81 % |
| BIP.PR.A | FixedReset Disc | 2.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 22.14 Evaluated at bid price : 22.55 Bid-YTW : 6.50 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| IAF.PR.G | FixedReset Ins Non | 100,800 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.16 Bid-YTW : 2.87 % |
| PWF.PF.A | Perpetual-Discount | 85,278 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 20.02 Evaluated at bid price : 20.02 Bid-YTW : 5.68 % |
| TRP.PR.E | FixedReset Disc | 53,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 19.35 Evaluated at bid price : 19.35 Bid-YTW : 6.31 % |
| PWF.PR.G | Perpetual-Premium | 51,273 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 24.68 Evaluated at bid price : 25.00 Bid-YTW : 5.96 % |
| CM.PR.P | FixedReset Disc | 38,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 20.90 Evaluated at bid price : 20.90 Bid-YTW : 5.73 % |
| IFC.PR.K | Perpetual-Discount | 33,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2052-05-24 Maturity Price : 22.48 Evaluated at bid price : 22.80 Bid-YTW : 5.86 % |
| There were 7 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| SLF.PR.J | FloatingReset | Quote: 15.85 – 25.00 Spot Rate : 9.1500 Average : 4.8617 YTW SCENARIO |
| ELF.PR.F | Perpetual-Discount | Quote: 22.65 – 25.00 Spot Rate : 2.3500 Average : 1.7069 YTW SCENARIO |
| NA.PR.S | FixedReset Disc | Quote: 20.50 – 22.25 Spot Rate : 1.7500 Average : 1.1945 YTW SCENARIO |
| ELF.PR.H | Perpetual-Discount | Quote: 23.87 – 25.00 Spot Rate : 1.1300 Average : 0.6556 YTW SCENARIO |
| MFC.PR.C | Insurance Straight | Quote: 20.01 – 21.80 Spot Rate : 1.7900 Average : 1.3970 YTW SCENARIO |
| IFC.PR.I | Perpetual-Discount | Quote: 23.00 – 24.20 Spot Rate : 1.2000 Average : 0.8224 YTW SCENARIO |
CF.PR.C will reset its dividend rate on June 1st. No redemption.