| 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 | -0.5276 % | 2,207.7 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.5276 % | 4,297.6 |
| Floater | 7.07 % | 7.35 % | 29,891 | 12.19 | 4 | -0.5276 % | 2,476.7 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0312 % | 3,607.7 |
| SplitShare | 4.83 % | 4.90 % | 65,702 | 1.86 | 9 | 0.0312 % | 4,308.4 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0312 % | 3,361.6 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1315 % | 2,964.1 |
| Perpetual-Discount | 5.79 % | 5.92 % | 56,275 | 13.96 | 32 | 0.1315 % | 3,232.2 |
| FixedReset Disc | 5.58 % | 6.37 % | 131,379 | 13.16 | 49 | -0.4281 % | 2,798.7 |
| Insurance Straight | 5.73 % | 5.77 % | 77,538 | 14.28 | 21 | -0.1832 % | 3,157.6 |
| FloatingReset | 5.51 % | 5.52 % | 62,355 | 14.18 | 4 | 6.4597 % | 3,563.2 |
| FixedReset Prem | 5.81 % | 5.48 % | 172,561 | 13.83 | 10 | -0.0393 % | 2,579.1 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4281 % | 2,860.8 |
| FixedReset Ins Non | 5.41 % | 5.72 % | 72,995 | 14.05 | 14 | 0.4864 % | 2,792.0 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PF.G | FixedReset Disc | -12.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 17.79 Evaluated at bid price : 17.79 Bid-YTW : 7.79 % |
| ENB.PR.B | FixedReset Disc | -4.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 17.55 Evaluated at bid price : 17.55 Bid-YTW : 7.40 % |
| IFC.PR.A | FixedReset Ins Non | -3.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 19.19 Evaluated at bid price : 19.19 Bid-YTW : 5.90 % |
| GWO.PR.L | Insurance Straight | -1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 23.53 Evaluated at bid price : 23.80 Bid-YTW : 5.94 % |
| GWO.PR.H | Insurance Straight | -1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 20.85 Evaluated at bid price : 20.85 Bid-YTW : 5.84 % |
| MFC.PR.Q | FixedReset Ins Non | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 22.93 Evaluated at bid price : 23.99 Bid-YTW : 5.61 % |
| GWO.PR.Y | Insurance Straight | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 5.70 % |
| BN.PR.X | FixedReset Disc | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 16.71 Evaluated at bid price : 16.71 Bid-YTW : 6.81 % |
| BN.PR.K | Floater | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 11.72 Evaluated at bid price : 11.72 Bid-YTW : 7.43 % |
| FFH.PR.K | FixedReset Disc | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 23.31 Evaluated at bid price : 24.35 Bid-YTW : 6.20 % |
| PWF.PR.R | Perpetual-Discount | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 23.06 Evaluated at bid price : 23.32 Bid-YTW : 5.98 % |
| MFC.PR.B | Insurance Straight | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 20.86 Evaluated at bid price : 20.86 Bid-YTW : 5.61 % |
| FFH.PR.H | FloatingReset | 1.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 23.39 Evaluated at bid price : 23.70 Bid-YTW : 5.52 % |
| ENB.PF.K | FixedReset Disc | 1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 22.91 Evaluated at bid price : 23.85 Bid-YTW : 6.26 % |
| BN.PF.I | FixedReset Disc | 1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 23.58 Evaluated at bid price : 23.90 Bid-YTW : 6.71 % |
| MFC.PR.J | FixedReset Ins Non | 1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 23.17 Evaluated at bid price : 24.45 Bid-YTW : 5.57 % |
| BN.PF.J | FixedReset Disc | 1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 22.86 Evaluated at bid price : 23.70 Bid-YTW : 6.20 % |
| GWO.PR.R | Insurance Straight | 1.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 20.87 Evaluated at bid price : 20.87 Bid-YTW : 5.77 % |
| PWF.PF.A | Perpetual-Discount | 1.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 5.77 % |
| BN.PR.M | Perpetual-Discount | 1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 6.02 % |
| IFC.PR.K | Insurance Straight | 1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 21.36 Evaluated at bid price : 21.65 Bid-YTW : 6.07 % |
| ENB.PR.H | FixedReset Disc | 1.75 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 20.35 Evaluated at bid price : 20.35 Bid-YTW : 6.38 % |
| BN.PR.C | Floater | 1.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 11.85 Evaluated at bid price : 11.85 Bid-YTW : 7.35 % |
| BN.PR.B | Floater | 1.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 11.80 Evaluated at bid price : 11.80 Bid-YTW : 7.38 % |
| BIP.PR.E | FixedReset Disc | 2.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 22.76 Evaluated at bid price : 23.58 Bid-YTW : 6.25 % |
| IFC.PR.C | FixedReset Ins Non | 2.74 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 6.19 % |
| MFC.PR.I | FixedReset Ins Non | 3.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 23.32 Evaluated at bid price : 24.60 Bid-YTW : 5.70 % |
| MFC.PR.M | FixedReset Ins Non | 3.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 21.99 Evaluated at bid price : 22.50 Bid-YTW : 5.80 % |
| FFH.PR.F | FloatingReset | 32.17 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-04-30 Maturity Price : 25.00 Evaluated at bid price : 24.95 Bid-YTW : 4.58 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| CU.PR.J | Perpetual-Discount | 86,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 5.79 % |
| GWO.PR.S | Insurance Straight | 67,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 22.44 Evaluated at bid price : 22.70 Bid-YTW : 5.79 % |
| GWO.PR.T | Insurance Straight | 52,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 21.86 Evaluated at bid price : 22.25 Bid-YTW : 5.79 % |
| CU.PR.D | Perpetual-Discount | 42,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 21.32 Evaluated at bid price : 21.32 Bid-YTW : 5.80 % |
| TD.PF.A | FixedReset Disc | 33,732 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 23.03 Evaluated at bid price : 24.55 Bid-YTW : 5.03 % |
| TD.PF.J | FixedReset Prem | 30,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-14 Maturity Price : 23.43 Evaluated at bid price : 25.21 Bid-YTW : 5.42 % |
| There were 7 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 |
| SLF.PR.H | FixedReset Ins Non | Quote: 12.75 – 21.25 Spot Rate : 8.5000 Average : 7.6682 YTW SCENARIO |
| BN.PF.G | FixedReset Disc | Quote: 17.79 – 20.68 Spot Rate : 2.8900 Average : 2.1302 YTW SCENARIO |
| MFC.PR.F | FixedReset Ins Non | Quote: 16.24 – 17.35 Spot Rate : 1.1100 Average : 0.6370 YTW SCENARIO |
| ENB.PR.B | FixedReset Disc | Quote: 17.55 – 18.68 Spot Rate : 1.1300 Average : 0.7745 YTW SCENARIO |
| IFC.PR.A | FixedReset Ins Non | Quote: 19.19 – 20.19 Spot Rate : 1.0000 Average : 0.6957 YTW SCENARIO |
| IFC.PR.E | Insurance Straight | Quote: 23.00 – 23.80 Spot Rate : 0.8000 Average : 0.5473 YTW SCENARIO |