| 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 | 0.8636 % | 2,144.1 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.8636 % | 4,112.4 |
| Floater | 11.36 % | 11.57 % | 51,146 | 8.31 | 2 | 0.8636 % | 2,370.0 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1806 % | 3,370.1 |
| SplitShare | 4.99 % | 7.13 % | 51,935 | 1.82 | 8 | 0.1806 % | 4,024.6 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1806 % | 3,140.2 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.5083 % | 2,526.6 |
| Perpetual-Discount | 6.76 % | 6.98 % | 51,618 | 12.54 | 33 | -0.5083 % | 2,755.1 |
| FixedReset Disc | 5.84 % | 8.21 % | 117,425 | 11.56 | 55 | -0.1227 % | 2,215.5 |
| Insurance Straight | 6.54 % | 6.74 % | 63,816 | 12.82 | 19 | -0.4205 % | 2,758.1 |
| FloatingReset | 10.87 % | 10.90 % | 34,386 | 8.97 | 1 | -3.4615 % | 2,422.3 |
| FixedReset Prem | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1227 % | 2,504.8 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1227 % | 2,264.7 |
| FixedReset Ins Non | 5.73 % | 7.84 % | 82,643 | 11.83 | 14 | 0.2378 % | 2,481.8 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| MFC.PR.C | Insurance Straight | -7.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 16.76 Evaluated at bid price : 16.76 Bid-YTW : 6.74 % |
| CU.PR.H | Perpetual-Discount | -5.92 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 18.75 Evaluated at bid price : 18.75 Bid-YTW : 7.06 % |
| FTS.PR.H | FixedReset Disc | -3.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 13.05 Evaluated at bid price : 13.05 Bid-YTW : 9.42 % |
| BN.PF.G | FixedReset Disc | -3.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 14.86 Evaluated at bid price : 14.86 Bid-YTW : 10.66 % |
| MFC.PR.I | FixedReset Ins Non | -3.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 7.84 % |
| PWF.PR.P | FixedReset Disc | -3.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 12.85 Evaluated at bid price : 12.85 Bid-YTW : 9.52 % |
| PWF.PR.T | FixedReset Disc | -2.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 7.67 % |
| BN.PF.E | FixedReset Disc | -2.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 14.51 Evaluated at bid price : 14.51 Bid-YTW : 10.57 % |
| GWO.PR.Y | Insurance Straight | -2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 16.95 Evaluated at bid price : 16.95 Bid-YTW : 6.78 % |
| PWF.PR.S | Perpetual-Discount | -1.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 17.25 Evaluated at bid price : 17.25 Bid-YTW : 7.06 % |
| CU.PR.G | Perpetual-Discount | -1.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 16.73 Evaluated at bid price : 16.73 Bid-YTW : 6.78 % |
| CU.PR.F | Perpetual-Discount | -1.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 16.75 Evaluated at bid price : 16.75 Bid-YTW : 6.77 % |
| CU.PR.D | Perpetual-Discount | -1.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 18.46 Evaluated at bid price : 18.46 Bid-YTW : 6.69 % |
| IFC.PR.A | FixedReset Ins Non | -1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 17.48 Evaluated at bid price : 17.48 Bid-YTW : 7.79 % |
| CU.PR.E | Perpetual-Discount | -1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 18.34 Evaluated at bid price : 18.34 Bid-YTW : 6.73 % |
| CU.PR.I | FixedReset Disc | -1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 21.45 Evaluated at bid price : 21.45 Bid-YTW : 8.31 % |
| BN.PF.D | Perpetual-Discount | -1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 17.25 Evaluated at bid price : 17.25 Bid-YTW : 7.26 % |
| PWF.PR.R | Perpetual-Discount | -1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 7.05 % |
| GWO.PR.N | FixedReset Ins Non | -1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 13.21 Evaluated at bid price : 13.21 Bid-YTW : 8.81 % |
| BIK.PR.A | FixedReset Disc | -1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 22.15 Evaluated at bid price : 22.81 Bid-YTW : 8.67 % |
| IFC.PR.G | FixedReset Ins Non | -1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 21.10 Evaluated at bid price : 21.10 Bid-YTW : 7.58 % |
| MFC.PR.K | FixedReset Ins Non | 1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 21.33 Evaluated at bid price : 21.62 Bid-YTW : 7.11 % |
| TD.PF.I | FixedReset Disc | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 22.95 Evaluated at bid price : 24.20 Bid-YTW : 6.96 % |
| MFC.PR.N | FixedReset Ins Non | 1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 18.37 Evaluated at bid price : 18.37 Bid-YTW : 8.08 % |
| GWO.PR.I | Insurance Straight | 1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 17.30 Evaluated at bid price : 17.30 Bid-YTW : 6.64 % |
| TD.PF.D | FixedReset Disc | 1.75 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 19.15 Evaluated at bid price : 19.15 Bid-YTW : 8.21 % |
| RY.PR.M | FixedReset Disc | 2.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 18.15 Evaluated at bid price : 18.15 Bid-YTW : 8.27 % |
| BN.PR.B | Floater | 2.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 11.25 Evaluated at bid price : 11.25 Bid-YTW : 11.57 % |
| SLF.PR.G | FixedReset Ins Non | 2.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 14.40 Evaluated at bid price : 14.40 Bid-YTW : 8.46 % |
| RY.PR.O | Perpetual-Discount | 2.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 21.20 Evaluated at bid price : 21.20 Bid-YTW : 5.82 % |
| RY.PR.J | FixedReset Disc | 3.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 18.93 Evaluated at bid price : 18.93 Bid-YTW : 8.28 % |
| IFC.PR.I | Insurance Straight | 3.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 20.71 Evaluated at bid price : 20.71 Bid-YTW : 6.65 % |
| RY.PR.N | Perpetual-Discount | 3.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 21.54 Evaluated at bid price : 21.54 Bid-YTW : 5.73 % |
| SLF.PR.H | FixedReset Ins Non | 5.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 18.13 Evaluated at bid price : 18.13 Bid-YTW : 7.48 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| SLF.PR.H | FixedReset Ins Non | 81,801 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 18.13 Evaluated at bid price : 18.13 Bid-YTW : 7.48 % |
| PWF.PR.P | FixedReset Disc | 50,832 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 12.85 Evaluated at bid price : 12.85 Bid-YTW : 9.52 % |
| RY.PR.Z | FixedReset Disc | 23,844 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 7.63 % |
| BMO.PR.W | FixedReset Disc | 21,059 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 17.85 Evaluated at bid price : 17.85 Bid-YTW : 8.35 % |
| PWF.PR.L | Perpetual-Discount | 20,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 18.51 Evaluated at bid price : 18.51 Bid-YTW : 6.99 % |
| TD.PF.D | FixedReset Disc | 17,029 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-11-28 Maturity Price : 19.15 Evaluated at bid price : 19.15 Bid-YTW : 8.21 % |
| There were 15 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| MFC.PR.F | FixedReset Ins Non | Quote: 13.95 – 23.79 Spot Rate : 9.8400 Average : 5.6554 YTW SCENARIO |
| CU.PR.I | FixedReset Disc | Quote: 21.45 – 22.98 Spot Rate : 1.5300 Average : 0.9948 YTW SCENARIO |
| BIP.PR.E | FixedReset Disc | Quote: 20.56 – 22.60 Spot Rate : 2.0400 Average : 1.5054 YTW SCENARIO |
| MFC.PR.C | Insurance Straight | Quote: 16.76 – 18.04 Spot Rate : 1.2800 Average : 0.7574 YTW SCENARIO |
| GWO.PR.Y | Insurance Straight | Quote: 16.95 – 18.25 Spot Rate : 1.3000 Average : 0.7924 YTW SCENARIO |
| TD.PF.D | FixedReset Disc | Quote: 19.15 – 20.15 Spot Rate : 1.0000 Average : 0.6299 YTW SCENARIO |
“taking the price index all the way back to where it was May 11. Holy smokes, May! I might soon have to stop mocking this rally! ”
Must say, I think you jinxed us (even though I am not a big believer in jinxes).