I have updated the post ALA.PR.G To Reset To 6.017% for what I hope will be the last time.
| 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 | 0.0859 % | 2,221.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0859 % | 4,261.5 |
| Floater | 9.69 % | 9.99 % | 37,730 | 9.43 | 2 | 0.0859 % | 2,455.9 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1840 % | 3,542.9 |
| SplitShare | 4.69 % | 5.71 % | 32,912 | 1.10 | 4 | 0.1840 % | 4,231.0 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1840 % | 3,301.2 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2911 % | 2,923.1 |
| Perpetual-Discount | 5.89 % | 6.05 % | 59,123 | 13.77 | 31 | 0.2911 % | 3,187.5 |
| FixedReset Disc | 5.46 % | 6.63 % | 113,145 | 12.88 | 58 | -0.2259 % | 2,675.5 |
| Insurance Straight | 5.79 % | 5.83 % | 67,844 | 14.14 | 20 | -0.4005 % | 3,123.9 |
| FloatingReset | 8.29 % | 8.40 % | 33,381 | 10.84 | 2 | 0.0000 % | 2,771.3 |
| FixedReset Prem | 6.45 % | 5.54 % | 215,933 | 13.55 | 7 | 0.3356 % | 2,566.4 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2259 % | 2,734.9 |
| FixedReset Ins Non | 5.15 % | 5.89 % | 101,405 | 14.08 | 14 | 1.6028 % | 2,851.5 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PF.G | FixedReset Disc | -16.84 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 15.80 Evaluated at bid price : 15.80 Bid-YTW : 8.84 % |
| GWO.PR.T | Insurance Straight | -2.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 21.25 Evaluated at bid price : 21.25 Bid-YTW : 6.08 % |
| CU.PR.D | Perpetual-Discount | -2.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 6.03 % |
| BN.PF.J | FixedReset Disc | -2.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 22.69 Evaluated at bid price : 23.51 Bid-YTW : 6.46 % |
| SLF.PR.C | Insurance Straight | -1.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 20.20 Evaluated at bid price : 20.20 Bid-YTW : 5.53 % |
| SLF.PR.E | Insurance Straight | -1.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 5.51 % |
| BN.PF.F | FixedReset Disc | -1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 20.63 Evaluated at bid price : 20.63 Bid-YTW : 6.99 % |
| TD.PF.I | FixedReset Prem | 1.10 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-10-31 Maturity Price : 25.00 Evaluated at bid price : 25.80 Bid-YTW : 5.47 % |
| PWF.PR.F | Perpetual-Discount | 1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 21.75 Evaluated at bid price : 22.00 Bid-YTW : 6.04 % |
| FFH.PR.G | FixedReset Disc | 1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 17.91 Evaluated at bid price : 17.91 Bid-YTW : 7.34 % |
| SLF.PR.D | Insurance Straight | 1.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 20.25 Evaluated at bid price : 20.25 Bid-YTW : 5.51 % |
| PWF.PR.K | Perpetual-Discount | 2.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 20.98 Evaluated at bid price : 20.98 Bid-YTW : 5.99 % |
| CU.PR.F | Perpetual-Discount | 4.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 19.57 Evaluated at bid price : 19.57 Bid-YTW : 5.80 % |
| ENB.PF.G | FixedReset Disc | 7.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 17.40 Evaluated at bid price : 17.40 Bid-YTW : 7.67 % |
| SLF.PR.H | FixedReset Ins Non | 33.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 19.31 Evaluated at bid price : 19.31 Bid-YTW : 6.11 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| SLF.PR.D | Insurance Straight | 90,740 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 20.25 Evaluated at bid price : 20.25 Bid-YTW : 5.51 % |
| RY.PR.J | FixedReset Disc | 84,745 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 23.39 Evaluated at bid price : 24.05 Bid-YTW : 5.66 % |
| IFC.PR.G | FixedReset Ins Non | 58,345 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 22.73 Evaluated at bid price : 23.70 Bid-YTW : 5.89 % |
| MFC.PR.Q | FixedReset Ins Non | 56,658 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 23.08 Evaluated at bid price : 24.48 Bid-YTW : 5.56 % |
| MFC.PR.M | FixedReset Ins Non | 53,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 21.40 Evaluated at bid price : 21.68 Bid-YTW : 5.94 % |
| CU.PR.I | FixedReset Disc | 35,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2054-09-10 Maturity Price : 23.75 Evaluated at bid price : 24.20 Bid-YTW : 6.56 % |
| There were 18 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| BN.PF.G | FixedReset Disc | Quote: 15.80 – 19.02 Spot Rate : 3.2200 Average : 1.8032 YTW SCENARIO |
| CCS.PR.C | Insurance Straight | Quote: 21.50 – 22.75 Spot Rate : 1.2500 Average : 0.8087 YTW SCENARIO |
| POW.PR.A | Perpetual-Discount | Quote: 23.45 – 24.30 Spot Rate : 0.8500 Average : 0.5597 YTW SCENARIO |
| BN.PF.B | FixedReset Disc | Quote: 21.80 – 22.40 Spot Rate : 0.6000 Average : 0.3493 YTW SCENARIO |
| GWO.PR.T | Insurance Straight | Quote: 21.25 – 21.95 Spot Rate : 0.7000 Average : 0.4740 YTW SCENARIO |
| CU.PR.D | Perpetual-Discount | Quote: 20.50 – 21.25 Spot Rate : 0.7500 Average : 0.5344 YTW SCENARIO |