| 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 | 0.0443 % | 2,152.2 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0443 % | 4,128.0 |
| Floater | 10.78 % | 10.91 % | 77,289 | 8.90 | 2 | 0.0443 % | 2,379.0 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4138 % | 3,489.6 |
| SplitShare | 4.79 % | 6.50 % | 31,391 | 1.27 | 6 | 0.4138 % | 4,167.3 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4138 % | 3,251.5 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3372 % | 2,692.4 |
| Perpetual-Discount | 6.39 % | 6.59 % | 52,125 | 13.04 | 28 | 0.3372 % | 2,935.9 |
| FixedReset Disc | 5.17 % | 7.23 % | 111,587 | 12.26 | 49 | -0.0499 % | 2,617.4 |
| Insurance Straight | 6.19 % | 6.43 % | 59,192 | 13.32 | 21 | 0.1855 % | 2,885.6 |
| FloatingReset | 9.36 % | 9.19 % | 34,627 | 10.25 | 4 | -0.0259 % | 2,758.1 |
| FixedReset Prem | 5.80 % | 6.37 % | 247,779 | 3.00 | 8 | 0.0542 % | 2,546.4 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0499 % | 2,675.6 |
| FixedReset Ins Non | 5.14 % | 6.95 % | 99,061 | 12.95 | 14 | -0.0279 % | 2,766.0 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| TD.PF.D | FixedReset Disc | -6.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 21.88 Evaluated at bid price : 22.40 Bid-YTW : 6.96 % |
| MFC.PR.N | FixedReset Ins Non | -6.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 19.75 Evaluated at bid price : 19.75 Bid-YTW : 7.43 % |
| IFC.PR.A | FixedReset Ins Non | -5.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 17.62 Evaluated at bid price : 17.62 Bid-YTW : 7.48 % |
| SLF.PR.E | Insurance Straight | -2.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 18.68 Evaluated at bid price : 18.68 Bid-YTW : 6.07 % |
| CU.PR.I | FixedReset Disc | -1.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 22.41 Evaluated at bid price : 22.82 Bid-YTW : 7.76 % |
| BN.PR.R | FixedReset Disc | -1.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 16.15 Evaluated at bid price : 16.15 Bid-YTW : 8.58 % |
| FTS.PR.J | Perpetual-Discount | -1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 19.15 Evaluated at bid price : 19.15 Bid-YTW : 6.29 % |
| POW.PR.A | Perpetual-Discount | -1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 21.10 Evaluated at bid price : 21.10 Bid-YTW : 6.67 % |
| NA.PR.S | FixedReset Disc | -1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 22.69 Evaluated at bid price : 23.78 Bid-YTW : 6.46 % |
| SLF.PR.J | FloatingReset | 1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 17.58 Evaluated at bid price : 17.58 Bid-YTW : 8.83 % |
| NA.PR.W | FixedReset Disc | 1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 21.62 Evaluated at bid price : 22.00 Bid-YTW : 6.66 % |
| PVS.PR.J | SplitShare | 1.29 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2028-02-29 Maturity Price : 25.00 Evaluated at bid price : 23.50 Bid-YTW : 6.40 % |
| SLF.PR.C | Insurance Straight | 1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 18.95 Evaluated at bid price : 18.95 Bid-YTW : 5.92 % |
| FTS.PR.H | FixedReset Disc | 1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 15.15 Evaluated at bid price : 15.15 Bid-YTW : 8.08 % |
| IFC.PR.F | Insurance Straight | 1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 6.21 % |
| PWF.PR.F | Perpetual-Discount | 1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 20.33 Evaluated at bid price : 20.33 Bid-YTW : 6.60 % |
| MFC.PR.K | FixedReset Ins Non | 1.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 22.67 Evaluated at bid price : 23.64 Bid-YTW : 6.35 % |
| PVS.PR.K | SplitShare | 1.52 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2029-05-31 Maturity Price : 25.00 Evaluated at bid price : 23.45 Bid-YTW : 6.04 % |
| GWO.PR.N | FixedReset Ins Non | 1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 14.66 Evaluated at bid price : 14.66 Bid-YTW : 7.83 % |
| BN.PF.D | Perpetual-Discount | 1.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 18.15 Evaluated at bid price : 18.15 Bid-YTW : 6.81 % |
| PWF.PR.Z | Perpetual-Discount | 1.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 20.10 Evaluated at bid price : 20.10 Bid-YTW : 6.54 % |
| PWF.PR.R | Perpetual-Discount | 1.78 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 21.15 Evaluated at bid price : 21.15 Bid-YTW : 6.64 % |
| IFC.PR.C | FixedReset Ins Non | 1.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 20.36 Evaluated at bid price : 20.36 Bid-YTW : 7.21 % |
| BN.PR.T | FixedReset Disc | 1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 16.55 Evaluated at bid price : 16.55 Bid-YTW : 8.37 % |
| BIP.PR.B | FixedReset Disc | 1.88 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-31 Maturity Price : 25.00 Evaluated at bid price : 24.35 Bid-YTW : 7.46 % |
| BN.PF.E | FixedReset Disc | 1.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 18.75 Evaluated at bid price : 18.75 Bid-YTW : 8.11 % |
| PWF.PR.L | Perpetual-Discount | 2.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 19.62 Evaluated at bid price : 19.62 Bid-YTW : 6.64 % |
| PWF.PR.P | FixedReset Disc | 2.87 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 15.43 Evaluated at bid price : 15.43 Bid-YTW : 7.93 % |
| MFC.PR.J | FixedReset Ins Non | 5.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 22.67 Evaluated at bid price : 23.55 Bid-YTW : 6.64 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BN.PR.B | Floater | 74,308 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 11.31 Evaluated at bid price : 11.31 Bid-YTW : 10.91 % |
| CM.PR.O | FixedReset Disc | 45,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 23.98 Evaluated at bid price : 24.90 Bid-YTW : 5.94 % |
| IFC.PR.A | FixedReset Ins Non | 24,705 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 17.62 Evaluated at bid price : 17.62 Bid-YTW : 7.48 % |
| MFC.PR.I | FixedReset Ins Non | 15,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 22.90 Evaluated at bid price : 23.90 Bid-YTW : 6.70 % |
| IAF.PR.B | Insurance Straight | 12,350 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 24.68 Evaluated at bid price : 25.00 Bid-YTW : 4.61 % |
| PWF.PR.T | FixedReset Disc | 12,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-07-04 Maturity Price : 21.54 Evaluated at bid price : 21.54 Bid-YTW : 6.97 % |
| There were 5 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| IFC.PR.C | FixedReset Ins Non | Quote: 20.36 – 22.50 Spot Rate : 2.1400 Average : 1.5656 YTW SCENARIO |
| TD.PF.D | FixedReset Disc | Quote: 22.40 – 24.10 Spot Rate : 1.7000 Average : 1.1499 YTW SCENARIO |
| BMO.PR.Y | FixedReset Disc | Quote: 23.75 – 25.00 Spot Rate : 1.2500 Average : 0.7799 YTW SCENARIO |
| MFC.PR.N | FixedReset Ins Non | Quote: 19.75 – 21.46 Spot Rate : 1.7100 Average : 1.3173 YTW SCENARIO |
| PVS.PR.F | SplitShare | Quote: 24.98 – 25.98 Spot Rate : 1.0000 Average : 0.6420 YTW SCENARIO |
| IFC.PR.A | FixedReset Ins Non | Quote: 17.62 – 18.90 Spot Rate : 1.2800 Average : 0.9898 YTW SCENARIO |