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 | 0.3264 % | 2,214.9 |
FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3264 % | 4,311.7 |
Floater | 7.05 % | 7.32 % | 29,439 | 12.21 | 4 | 0.3264 % | 2,484.8 |
OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0757 % | 3,610.5 |
SplitShare | 4.83 % | 4.94 % | 64,981 | 1.85 | 9 | 0.0757 % | 4,311.7 |
Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0757 % | 3,364.1 |
Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1187 % | 2,967.6 |
Perpetual-Discount | 5.79 % | 5.92 % | 55,946 | 13.94 | 32 | 0.1187 % | 3,236.0 |
FixedReset Disc | 5.55 % | 6.30 % | 131,181 | 13.17 | 49 | 0.4763 % | 2,812.0 |
Insurance Straight | 5.71 % | 5.77 % | 76,858 | 14.27 | 21 | 0.4217 % | 3,170.9 |
FloatingReset | 5.52 % | 5.53 % | 60,438 | 14.17 | 4 | -0.0449 % | 3,561.6 |
FixedReset Prem | 5.81 % | 5.47 % | 171,064 | 13.88 | 10 | -0.1572 % | 2,575.0 |
FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4763 % | 2,874.5 |
FixedReset Ins Non | 5.27 % | 5.69 % | 72,736 | 14.11 | 14 | 2.7728 % | 2,869.4 |
Performance Highlights | |||
Issue | Index | Change | Notes |
PWF.PR.S | Perpetual-Discount | -3.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 6.10 % |
SLF.PR.D | Insurance Straight | -2.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 5.64 % |
GWO.PR.R | Insurance Straight | -2.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 20.42 Evaluated at bid price : 20.42 Bid-YTW : 5.90 % |
GWO.PR.T | Insurance Straight | -1.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 21.55 Evaluated at bid price : 21.90 Bid-YTW : 5.88 % |
MFC.PR.B | Insurance Straight | -1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 20.60 Evaluated at bid price : 20.60 Bid-YTW : 5.68 % |
CU.PR.C | FixedReset Disc | -1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 20.59 Evaluated at bid price : 20.59 Bid-YTW : 6.30 % |
IFC.PR.E | Insurance Straight | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 22.84 Evaluated at bid price : 23.24 Bid-YTW : 5.59 % |
GWO.PR.M | Insurance Straight | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 24.47 Evaluated at bid price : 24.71 Bid-YTW : 5.88 % |
BN.PF.F | FixedReset Disc | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 21.35 Evaluated at bid price : 21.65 Bid-YTW : 6.55 % |
GWO.PR.P | Insurance Straight | 1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 23.15 Evaluated at bid price : 23.45 Bid-YTW : 5.77 % |
FTS.PR.F | Perpetual-Discount | 1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 22.00 Evaluated at bid price : 22.23 Bid-YTW : 5.55 % |
GWO.PR.I | Insurance Straight | 1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 20.18 Evaluated at bid price : 20.18 Bid-YTW : 5.60 % |
CU.PR.H | Perpetual-Discount | 1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 22.68 Evaluated at bid price : 22.92 Bid-YTW : 5.77 % |
ENB.PR.D | FixedReset Disc | 1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 18.84 Evaluated at bid price : 18.84 Bid-YTW : 6.93 % |
MFC.PR.M | FixedReset Ins Non | 1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 22.17 Evaluated at bid price : 22.80 Bid-YTW : 5.72 % |
GWO.PR.L | Insurance Straight | 1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 23.87 Evaluated at bid price : 24.12 Bid-YTW : 5.87 % |
POW.PR.D | Perpetual-Discount | 1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 21.54 Evaluated at bid price : 21.80 Bid-YTW : 5.83 % |
PWF.PR.T | FixedReset Disc | 1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 22.27 Evaluated at bid price : 22.86 Bid-YTW : 5.76 % |
SLF.PR.C | Insurance Straight | 1.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 20.79 Evaluated at bid price : 20.79 Bid-YTW : 5.37 % |
GWO.PR.Q | Insurance Straight | 1.74 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 22.01 Evaluated at bid price : 22.25 Bid-YTW : 5.80 % |
ENB.PR.B | FixedReset Disc | 5.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 18.60 Evaluated at bid price : 18.60 Bid-YTW : 6.98 % |
IFC.PR.K | Insurance Straight | 6.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 22.70 Evaluated at bid price : 23.02 Bid-YTW : 5.71 % |
BN.PF.G | FixedReset Disc | 14.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 20.30 Evaluated at bid price : 20.30 Bid-YTW : 6.83 % |
SLF.PR.H | FixedReset Ins Non | 54.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 19.64 Evaluated at bid price : 19.64 Bid-YTW : 6.00 % |
Volume Highlights | |||
Issue | Index | Shares Traded |
Notes |
BMO.PR.Y | FixedReset Disc | 110,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 23.95 Evaluated at bid price : 24.64 Bid-YTW : 5.45 % |
CM.PR.Q | FixedReset Disc | 102,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 24.04 Evaluated at bid price : 24.75 Bid-YTW : 5.54 % |
FTS.PR.M | FixedReset Disc | 62,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 21.27 Evaluated at bid price : 21.27 Bid-YTW : 6.28 % |
TD.PF.A | FixedReset Disc | 50,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 23.04 Evaluated at bid price : 24.59 Bid-YTW : 5.03 % |
CU.PR.I | FixedReset Disc | 47,500 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-01 Maturity Price : 25.00 Evaluated at bid price : 24.75 Bid-YTW : 6.27 % |
BN.PF.D | Perpetual-Discount | 43,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-17 Maturity Price : 20.15 Evaluated at bid price : 20.15 Bid-YTW : 6.11 % |
There were 14 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 |
CU.PR.F | Perpetual-Discount | Quote: 20.05 – 23.88 Spot Rate : 3.8300 Average : 2.6226 YTW SCENARIO |
BN.PF.E | FixedReset Disc | Quote: 19.40 – 20.99 Spot Rate : 1.5900 Average : 1.1456 YTW SCENARIO |
PWF.PR.S | Perpetual-Discount | Quote: 20.00 – 21.00 Spot Rate : 1.0000 Average : 0.7656 YTW SCENARIO |
SLF.PR.D | Insurance Straight | Quote: 19.80 – 20.75 Spot Rate : 0.9500 Average : 0.7473 YTW SCENARIO |
CU.PR.C | FixedReset Disc | Quote: 20.59 – 21.59 Spot Rate : 1.0000 Average : 0.7995 YTW SCENARIO |
MFC.PR.F | FixedReset Ins Non | Quote: 16.35 – 17.35 Spot Rate : 1.0000 Average : 0.8268 YTW SCENARIO |