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 | -0.0408 % | 2,204.6 |
FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0408 % | 4,291.5 |
Floater | 7.08 % | 7.42 % | 31,366 | 12.09 | 4 | -0.0408 % | 2,473.2 |
OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2137 % | 3,599.9 |
SplitShare | 4.85 % | 5.12 % | 74,223 | 1.84 | 9 | -0.2137 % | 4,299.0 |
Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2137 % | 3,354.3 |
Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1264 % | 2,985.2 |
Perpetual-Discount | 5.75 % | 5.90 % | 58,426 | 13.97 | 32 | 0.1264 % | 3,255.2 |
FixedReset Disc | 5.54 % | 6.32 % | 127,540 | 13.15 | 49 | 0.2265 % | 2,814.8 |
Insurance Straight | 5.67 % | 5.70 % | 76,679 | 14.39 | 21 | 0.2406 % | 3,191.1 |
FloatingReset | 5.52 % | 5.56 % | 59,882 | 14.58 | 4 | 0.0449 % | 3,559.6 |
FixedReset Prem | 5.80 % | 5.50 % | 164,285 | 13.74 | 10 | -0.0510 % | 2,580.8 |
FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2265 % | 2,877.3 |
FixedReset Ins Non | 5.24 % | 5.69 % | 73,926 | 14.12 | 14 | 0.1072 % | 2,884.1 |
Performance Highlights | |||
Issue | Index | Change | Notes |
CU.PR.C | FixedReset Disc | -2.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-20 Maturity Price : 20.41 Evaluated at bid price : 20.41 Bid-YTW : 6.36 % |
ENB.PR.P | FixedReset Disc | -2.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-20 Maturity Price : 19.66 Evaluated at bid price : 19.66 Bid-YTW : 6.97 % |
IFC.PR.G | FixedReset Ins Non | -2.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-20 Maturity Price : 22.55 Evaluated at bid price : 23.25 Bid-YTW : 5.82 % |
SLF.PR.E | Insurance Straight | -1.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-20 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 5.51 % |
MFC.PR.J | FixedReset Ins Non | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-20 Maturity Price : 23.27 Evaluated at bid price : 24.70 Bid-YTW : 5.51 % |
BIP.PR.B | FixedReset Disc | 1.10 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-31 Maturity Price : 25.00 Evaluated at bid price : 24.87 Bid-YTW : 5.99 % |
IFC.PR.A | FixedReset Ins Non | 1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-20 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 5.66 % |
FTS.PR.H | FixedReset Disc | 1.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-20 Maturity Price : 16.15 Evaluated at bid price : 16.15 Bid-YTW : 6.46 % |
BIP.PR.F | FixedReset Disc | 1.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-20 Maturity Price : 22.59 Evaluated at bid price : 23.41 Bid-YTW : 6.23 % |
ENB.PR.B | FixedReset Disc | 2.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-20 Maturity Price : 18.70 Evaluated at bid price : 18.70 Bid-YTW : 6.95 % |
PWF.PF.A | Perpetual-Discount | 2.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-20 Maturity Price : 19.95 Evaluated at bid price : 19.95 Bid-YTW : 5.73 % |
SLF.PR.D | Insurance Straight | 3.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-20 Maturity Price : 20.40 Evaluated at bid price : 20.40 Bid-YTW : 5.48 % |
BIP.PR.E | FixedReset Disc | 13.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-20 Maturity Price : 22.75 Evaluated at bid price : 23.56 Bid-YTW : 6.26 % |
Volume Highlights | |||
Issue | Index | Shares Traded |
Notes |
BN.PF.G | FixedReset Disc | 460,679 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-20 Maturity Price : 20.05 Evaluated at bid price : 20.05 Bid-YTW : 6.92 % |
RY.PR.M | FixedReset Disc | 209,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-20 Maturity Price : 23.82 Evaluated at bid price : 24.43 Bid-YTW : 5.37 % |
TD.PF.D | FixedReset Disc | 195,525 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-20 Maturity Price : 23.98 Evaluated at bid price : 24.71 Bid-YTW : 5.55 % |
BMO.PR.Y | FixedReset Disc | 99,225 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-20 Maturity Price : 23.95 Evaluated at bid price : 24.65 Bid-YTW : 5.45 % |
CM.PR.Q | FixedReset Disc | 44,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-20 Maturity Price : 24.15 Evaluated at bid price : 24.83 Bid-YTW : 5.52 % |
TD.PF.E | FixedReset Disc | 43,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-20 Maturity Price : 24.03 Evaluated at bid price : 24.62 Bid-YTW : 5.62 % |
There were 21 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 |
PVS.PR.G | SplitShare | Quote: 25.05 – 26.05 Spot Rate : 1.0000 Average : 0.5497 YTW SCENARIO |
IFC.PR.C | FixedReset Ins Non | Quote: 21.32 – 22.55 Spot Rate : 1.2300 Average : 0.8270 YTW SCENARIO |
ENB.PR.P | FixedReset Disc | Quote: 19.66 – 20.24 Spot Rate : 0.5800 Average : 0.3453 YTW SCENARIO |
BN.PR.K | Floater | Quote: 11.75 – 12.50 Spot Rate : 0.7500 Average : 0.5166 YTW SCENARIO |
GWO.PR.S | Insurance Straight | Quote: 22.72 – 23.63 Spot Rate : 0.9100 Average : 0.7004 YTW SCENARIO |
CU.PR.C | FixedReset Disc | Quote: 20.41 – 21.41 Spot Rate : 1.0000 Average : 0.8072 YTW SCENARIO |