| 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 | -0.7652 % | 2,219.4 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.7652 % | 4,320.4 |
| Floater | 7.03 % | 7.48 % | 30,327 | 11.86 | 4 | -0.7652 % | 2,489.9 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2902 % | 3,606.6 |
| SplitShare | 4.84 % | 4.93 % | 68,414 | 1.86 | 9 | 0.2902 % | 4,307.1 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2902 % | 3,360.6 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2286 % | 2,960.2 |
| Perpetual-Discount | 5.80 % | 5.94 % | 56,234 | 13.93 | 32 | -0.2286 % | 3,227.9 |
| FixedReset Disc | 5.55 % | 6.34 % | 136,800 | 13.18 | 49 | -0.1920 % | 2,810.7 |
| Insurance Straight | 5.72 % | 5.77 % | 77,715 | 14.25 | 21 | -0.4949 % | 3,163.4 |
| FloatingReset | 5.94 % | 5.89 % | 62,807 | 13.92 | 4 | -7.1405 % | 3,347.0 |
| FixedReset Prem | 5.80 % | 5.38 % | 172,269 | 14.05 | 10 | -0.0981 % | 2,580.1 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1920 % | 2,873.1 |
| FixedReset Ins Non | 5.44 % | 5.67 % | 73,063 | 14.15 | 14 | -0.5012 % | 2,778.4 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| FFH.PR.F | FloatingReset | -24.84 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 6.59 % |
| BN.PR.N | Perpetual-Discount | -4.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 6.39 % |
| MFC.PR.I | FixedReset Ins Non | -3.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 22.95 Evaluated at bid price : 23.80 Bid-YTW : 5.84 % |
| MFC.PR.M | FixedReset Ins Non | -3.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 21.46 Evaluated at bid price : 21.74 Bid-YTW : 5.94 % |
| BIP.PR.E | FixedReset Disc | -2.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 22.48 Evaluated at bid price : 23.08 Bid-YTW : 6.31 % |
| GWO.PR.Y | Insurance Straight | -1.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 19.60 Evaluated at bid price : 19.60 Bid-YTW : 5.76 % |
| BN.PR.X | FixedReset Disc | -1.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 16.82 Evaluated at bid price : 16.82 Bid-YTW : 6.79 % |
| SLF.PR.C | Insurance Straight | -1.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 20.49 Evaluated at bid price : 20.49 Bid-YTW : 5.45 % |
| IFC.PR.A | FixedReset Ins Non | -1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 20.19 Evaluated at bid price : 20.19 Bid-YTW : 5.62 % |
| BN.PR.B | Floater | -1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 11.85 Evaluated at bid price : 11.85 Bid-YTW : 7.50 % |
| BN.PR.C | Floater | -1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 11.87 Evaluated at bid price : 11.87 Bid-YTW : 7.49 % |
| GWO.PR.I | Insurance Straight | -1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 19.95 Evaluated at bid price : 19.95 Bid-YTW : 5.66 % |
| POW.PR.D | Perpetual-Discount | -1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 21.51 Evaluated at bid price : 21.51 Bid-YTW : 5.92 % |
| SLF.PR.D | Insurance Straight | -1.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 20.30 Evaluated at bid price : 20.30 Bid-YTW : 5.50 % |
| MFC.PR.B | Insurance Straight | -1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 20.60 Evaluated at bid price : 20.60 Bid-YTW : 5.68 % |
| PWF.PR.R | Perpetual-Discount | -1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 22.74 Evaluated at bid price : 23.03 Bid-YTW : 6.05 % |
| BN.PR.R | FixedReset Disc | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 18.00 Evaluated at bid price : 18.00 Bid-YTW : 6.75 % |
| BN.PR.T | FixedReset Disc | -1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 18.10 Evaluated at bid price : 18.10 Bid-YTW : 6.74 % |
| BIP.PR.A | FixedReset Disc | -1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 23.08 Evaluated at bid price : 24.00 Bid-YTW : 6.39 % |
| BN.PF.F | FixedReset Disc | -1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 21.35 Evaluated at bid price : 21.65 Bid-YTW : 6.60 % |
| GWO.PR.L | Insurance Straight | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 23.85 Evaluated at bid price : 24.10 Bid-YTW : 5.87 % |
| ENB.PR.F | FixedReset Disc | 1.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 19.10 Evaluated at bid price : 19.10 Bid-YTW : 6.92 % |
| CU.PR.E | Perpetual-Discount | 1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 21.25 Evaluated at bid price : 21.25 Bid-YTW : 5.82 % |
| PVS.PR.H | SplitShare | 2.68 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2027-02-28 Maturity Price : 25.00 Evaluated at bid price : 24.90 Bid-YTW : 4.98 % |
| ENB.PR.B | FixedReset Disc | 4.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 18.35 Evaluated at bid price : 18.35 Bid-YTW : 6.97 % |
| IFC.PR.G | FixedReset Ins Non | 5.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 22.93 Evaluated at bid price : 24.00 Bid-YTW : 5.64 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| FFH.PR.G | FixedReset Disc | 171,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 23.06 Evaluated at bid price : 23.80 Bid-YTW : 5.40 % |
| BIP.PR.A | FixedReset Disc | 60,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 23.08 Evaluated at bid price : 24.00 Bid-YTW : 6.39 % |
| PWF.PR.Z | Perpetual-Discount | 50,554 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 21.54 Evaluated at bid price : 21.90 Bid-YTW : 5.95 % |
| PWF.PR.S | Perpetual-Discount | 32,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 20.73 Evaluated at bid price : 20.73 Bid-YTW : 5.88 % |
| ENB.PF.E | FixedReset Disc | 26,353 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 18.85 Evaluated at bid price : 18.85 Bid-YTW : 7.04 % |
| CU.PR.C | FixedReset Disc | 21,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-13 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 6.14 % |
| There were 5 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| See TMX DataLinx: ‘Last’ != ‘Close’ and the posts linked therein for an idea of why these quotes are so horrible. | ||
| Issue | Index | Quote Data and Yield Notes |
| FFH.PR.F | FloatingReset | Quote: 19.00 – 25.31 Spot Rate : 6.3100 Average : 3.3118 YTW SCENARIO |
| SLF.PR.H | FixedReset Ins Non | Quote: 12.75 – 21.25 Spot Rate : 8.5000 Average : 6.7562 YTW SCENARIO |
| CU.PR.F | Perpetual-Discount | Quote: 19.75 – 23.88 Spot Rate : 4.1300 Average : 2.4378 YTW SCENARIO |
| BN.PR.N | Perpetual-Discount | Quote: 19.00 – 20.40 Spot Rate : 1.4000 Average : 0.8747 YTW SCENARIO |
| BN.PF.E | FixedReset Disc | Quote: 19.65 – 20.99 Spot Rate : 1.3400 Average : 0.9527 YTW SCENARIO |
| TD.PF.J | FixedReset Prem | Quote: 25.17 – 26.17 Spot Rate : 1.0000 Average : 0.6281 YTW SCENARIO |