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 | -0.3457 % | 2,207.3 |
FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.3457 % | 4,296.8 |
Floater | 7.07 % | 7.39 % | 29,825 | 12.14 | 4 | -0.3457 % | 2,476.2 |
OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0489 % | 3,612.2 |
SplitShare | 4.83 % | 4.78 % | 68,444 | 1.85 | 9 | 0.0489 % | 4,313.8 |
Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0489 % | 3,365.8 |
Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0226 % | 2,968.3 |
Perpetual-Discount | 5.78 % | 5.93 % | 56,541 | 13.94 | 32 | 0.0226 % | 3,236.7 |
FixedReset Disc | 5.55 % | 6.38 % | 129,790 | 13.19 | 49 | 0.0405 % | 2,813.2 |
Insurance Straight | 5.73 % | 5.76 % | 77,857 | 14.26 | 21 | -0.3134 % | 3,161.0 |
FloatingReset | 5.52 % | 5.54 % | 58,146 | 14.17 | 4 | -0.0561 % | 3,559.6 |
FixedReset Prem | 5.80 % | 5.48 % | 172,282 | 13.88 | 10 | 0.2440 % | 2,581.3 |
FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0405 % | 2,875.6 |
FixedReset Ins Non | 5.25 % | 5.70 % | 76,102 | 14.12 | 14 | 0.2187 % | 2,875.6 |
Performance Highlights | |||
Issue | Index | Change | Notes |
PWF.PF.A | Perpetual-Discount | -6.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 18.55 Evaluated at bid price : 18.55 Bid-YTW : 6.17 % |
GWO.PR.G | Insurance Straight | -4.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 6.22 % |
IFC.PR.F | Insurance Straight | -2.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 22.48 Evaluated at bid price : 22.75 Bid-YTW : 5.84 % |
GWO.PR.I | Insurance Straight | -1.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 19.78 Evaluated at bid price : 19.78 Bid-YTW : 5.71 % |
BIP.PR.E | FixedReset Disc | -1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 22.48 Evaluated at bid price : 23.08 Bid-YTW : 6.40 % |
ENB.PR.B | FixedReset Disc | -1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 18.30 Evaluated at bid price : 18.30 Bid-YTW : 7.10 % |
POW.PR.D | Perpetual-Discount | -1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 21.51 Evaluated at bid price : 21.51 Bid-YTW : 5.93 % |
ENB.PR.N | FixedReset Disc | -1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 21.88 Evaluated at bid price : 22.25 Bid-YTW : 6.46 % |
IFC.PR.K | Insurance Straight | -1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 22.47 Evaluated at bid price : 22.76 Bid-YTW : 5.78 % |
MFC.PR.Q | FixedReset Ins Non | -1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 22.82 Evaluated at bid price : 23.75 Bid-YTW : 5.68 % |
BN.PF.D | Perpetual-Discount | 1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 20.40 Evaluated at bid price : 20.40 Bid-YTW : 6.03 % |
GWO.PR.R | Insurance Straight | 1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 20.68 Evaluated at bid price : 20.68 Bid-YTW : 5.83 % |
SLF.PR.H | FixedReset Ins Non | 1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 19.90 Evaluated at bid price : 19.90 Bid-YTW : 5.93 % |
FTS.PR.H | FixedReset Disc | 1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 15.94 Evaluated at bid price : 15.94 Bid-YTW : 6.55 % |
IFC.PR.C | FixedReset Ins Non | 1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 21.35 Evaluated at bid price : 21.35 Bid-YTW : 6.10 % |
CU.PR.C | FixedReset Disc | 1.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 6.18 % |
GWO.PR.T | Insurance Straight | 2.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 21.95 Evaluated at bid price : 22.35 Bid-YTW : 5.76 % |
PWF.PR.S | Perpetual-Discount | 3.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 20.66 Evaluated at bid price : 20.66 Bid-YTW : 5.90 % |
SLF.PR.D | Insurance Straight | 3.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 20.55 Evaluated at bid price : 20.55 Bid-YTW : 5.44 % |
BN.PR.N | Perpetual-Discount | 6.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 19.83 Evaluated at bid price : 19.83 Bid-YTW : 6.02 % |
Volume Highlights | |||
Issue | Index | Shares Traded |
Notes |
CU.PR.C | FixedReset Disc | 197,135 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 6.18 % |
CM.PR.S | FixedReset Prem | 180,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 25.47 Evaluated at bid price : 25.47 Bid-YTW : 5.28 % |
NA.PR.S | FixedReset Prem | 134,599 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 23.27 Evaluated at bid price : 25.11 Bid-YTW : 5.33 % |
SLF.PR.D | Insurance Straight | 101,425 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 20.55 Evaluated at bid price : 20.55 Bid-YTW : 5.44 % |
FTS.PR.M | FixedReset Disc | 100,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 21.32 Evaluated at bid price : 21.32 Bid-YTW : 6.27 % |
ENB.PF.A | FixedReset Disc | 96,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-18 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 7.00 % |
There were 31 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 |
PWF.PF.A | Perpetual-Discount | Quote: 18.55 – 20.89 Spot Rate : 2.3400 Average : 1.3489 YTW SCENARIO |
GWO.PR.G | Insurance Straight | Quote: 21.00 – 22.50 Spot Rate : 1.5000 Average : 0.9744 YTW SCENARIO |
MFC.PR.L | FixedReset Ins Non | Quote: 22.48 – 23.60 Spot Rate : 1.1200 Average : 0.6611 YTW SCENARIO |
BN.PF.A | FixedReset Disc | Quote: 23.31 – 24.40 Spot Rate : 1.0900 Average : 0.6962 YTW SCENARIO |
IFC.PR.F | Insurance Straight | Quote: 22.75 – 23.98 Spot Rate : 1.2300 Average : 0.9728 YTW SCENARIO |
BIP.PR.E | FixedReset Disc | Quote: 23.08 – 24.25 Spot Rate : 1.1700 Average : 0.9207 YTW SCENARIO |