There was a decent little pop in the market today, as the end of tax-loss selling season reduced a certain amount of selling pressure. I think. You can never be sure!
| 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 | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0904 % | 2,136.4 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0904 % | 4,097.6 |
| Floater | 11.40 % | 11.49 % | 54,144 | 8.50 | 2 | -0.0904 % | 2,361.5 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0954 % | 3,376.3 |
| SplitShare | 4.98 % | 7.68 % | 55,052 | 1.73 | 8 | 0.0954 % | 4,032.1 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0954 % | 3,146.0 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3794 % | 2,547.3 |
| Perpetual-Discount | 6.75 % | 6.90 % | 64,551 | 12.71 | 33 | 0.3794 % | 2,777.7 |
| FixedReset Disc | 5.85 % | 7.68 % | 123,245 | 11.95 | 60 | 0.3139 % | 2,222.8 |
| Insurance Straight | 6.59 % | 6.73 % | 80,018 | 12.93 | 19 | 0.4296 % | 2,745.2 |
| FloatingReset | 10.67 % | 10.90 % | 36,770 | 8.89 | 3 | 0.0380 % | 2,481.7 |
| FixedReset Prem | 6.91 % | 6.66 % | 167,475 | 12.62 | 1 | 0.2367 % | 2,532.3 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3139 % | 2,272.2 |
| FixedReset Ins Non | 5.68 % | 7.15 % | 86,107 | 12.49 | 14 | -0.0733 % | 2,500.2 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BIP.PR.A | FixedReset Disc | -2.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 16.56 Evaluated at bid price : 16.56 Bid-YTW : 9.82 % |
| CU.PR.C | FixedReset Disc | -1.92 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 17.86 Evaluated at bid price : 17.86 Bid-YTW : 7.83 % |
| IFC.PR.A | FixedReset Ins Non | -1.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 17.00 Evaluated at bid price : 17.00 Bid-YTW : 7.28 % |
| RY.PR.N | Perpetual-Discount | -1.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.91 % |
| BN.PF.G | FixedReset Disc | -1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 15.96 Evaluated at bid price : 15.96 Bid-YTW : 9.07 % |
| IFC.PR.C | FixedReset Ins Non | -1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 17.80 Evaluated at bid price : 17.80 Bid-YTW : 7.66 % |
| SLF.PR.C | Insurance Straight | -1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 17.78 Evaluated at bid price : 17.78 Bid-YTW : 6.30 % |
| BMO.PR.Y | FixedReset Disc | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 18.50 Evaluated at bid price : 18.50 Bid-YTW : 7.66 % |
| RY.PR.J | FixedReset Disc | 1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 18.75 Evaluated at bid price : 18.75 Bid-YTW : 7.69 % |
| BMO.PR.S | FixedReset Disc | 1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 19.27 Evaluated at bid price : 19.27 Bid-YTW : 7.26 % |
| PWF.PR.O | Perpetual-Discount | 1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 6.89 % |
| POW.PR.A | Perpetual-Discount | 1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 6.86 % |
| GWO.PR.P | Insurance Straight | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 20.10 Evaluated at bid price : 20.10 Bid-YTW : 6.77 % |
| BN.PF.H | FixedReset Disc | 1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 19.89 Evaluated at bid price : 19.89 Bid-YTW : 8.91 % |
| IFC.PR.F | Insurance Straight | 1.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 19.84 Evaluated at bid price : 19.84 Bid-YTW : 6.73 % |
| ELF.PR.H | Perpetual-Discount | 1.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 20.10 Evaluated at bid price : 20.10 Bid-YTW : 6.87 % |
| NA.PR.W | FixedReset Disc | 1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 17.40 Evaluated at bid price : 17.40 Bid-YTW : 7.80 % |
| MFC.PR.K | FixedReset Ins Non | 1.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 21.88 Evaluated at bid price : 22.34 Bid-YTW : 6.42 % |
| FTS.PR.K | FixedReset Disc | 1.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 17.20 Evaluated at bid price : 17.20 Bid-YTW : 7.77 % |
| CM.PR.P | FixedReset Disc | 1.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 17.36 Evaluated at bid price : 17.36 Bid-YTW : 7.68 % |
| BMO.PR.W | FixedReset Disc | 1.75 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 17.45 Evaluated at bid price : 17.45 Bid-YTW : 7.77 % |
| RY.PR.M | FixedReset Disc | 1.97 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 18.10 Evaluated at bid price : 18.10 Bid-YTW : 7.64 % |
| TD.PF.E | FixedReset Disc | 2.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 7.65 % |
| CCS.PR.C | Insurance Straight | 2.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 18.20 Evaluated at bid price : 18.20 Bid-YTW : 6.92 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| FFH.PR.I | FixedReset Disc | 103,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 16.15 Evaluated at bid price : 16.15 Bid-YTW : 8.82 % |
| CM.PR.P | FixedReset Disc | 44,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 17.36 Evaluated at bid price : 17.36 Bid-YTW : 7.68 % |
| TD.PF.C | FixedReset Disc | 43,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 17.95 Evaluated at bid price : 17.95 Bid-YTW : 7.59 % |
| TD.PF.B | FixedReset Disc | 41,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 19.45 Evaluated at bid price : 19.45 Bid-YTW : 7.10 % |
| BN.PF.G | FixedReset Disc | 34,442 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-28 Maturity Price : 15.96 Evaluated at bid price : 15.96 Bid-YTW : 9.07 % |
| BNS.PR.I | FixedReset Disc | 17,440 | YTW SCENARIO Maturity Type : Call Maturity Date : 2024-01-27 Maturity Price : 25.00 Evaluated at bid price : 25.20 Bid-YTW : 5.14 % |
| There were 1 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| CU.PR.C | FixedReset Disc | Quote: 17.86 – 19.75 Spot Rate : 1.8900 Average : 1.2796 YTW SCENARIO |
| PWF.PR.O | Perpetual-Discount | Quote: 21.50 – 22.90 Spot Rate : 1.4000 Average : 0.8123 YTW SCENARIO |
| MFC.PR.J | FixedReset Ins Non | Quote: 22.70 – 23.50 Spot Rate : 0.8000 Average : 0.4704 YTW SCENARIO |
| MFC.PR.L | FixedReset Ins Non | Quote: 18.87 – 19.78 Spot Rate : 0.9100 Average : 0.5896 YTW SCENARIO |
| BN.PF.G | FixedReset Disc | Quote: 15.96 – 16.70 Spot Rate : 0.7400 Average : 0.5080 YTW SCENARIO |
| PWF.PR.G | Perpetual-Discount | Quote: 22.14 – 22.70 Spot Rate : 0.5600 Average : 0.3573 YTW SCENARIO |