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 | 0.1832 % | 2,216.3 |
FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1832 % | 4,314.3 |
Floater | 7.04 % | 7.37 % | 29,431 | 12.14 | 4 | 0.1832 % | 2,486.3 |
OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4445 % | 3,596.5 |
SplitShare | 4.85 % | 5.02 % | 69,587 | 1.83 | 9 | -0.4445 % | 4,295.0 |
Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4445 % | 3,351.1 |
Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2156 % | 2,977.6 |
Perpetual-Discount | 5.77 % | 5.94 % | 55,097 | 13.89 | 32 | 0.2156 % | 3,246.9 |
FixedReset Disc | 5.55 % | 6.38 % | 122,741 | 13.13 | 49 | -0.2492 % | 2,810.8 |
Insurance Straight | 5.70 % | 5.72 % | 69,860 | 14.37 | 21 | -0.4217 % | 3,177.2 |
FloatingReset | 5.51 % | 5.53 % | 65,241 | 14.62 | 4 | 0.0336 % | 3,567.6 |
FixedReset Prem | 5.79 % | 5.40 % | 160,824 | 13.96 | 10 | 0.0039 % | 2,585.7 |
FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2492 % | 2,873.2 |
FixedReset Ins Non | 5.34 % | 5.67 % | 69,901 | 14.19 | 14 | 0.4350 % | 2,897.4 |
Performance Highlights | |||
Issue | Index | Change | Notes |
BIP.PR.E | FixedReset Disc | -11.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-26 Maturity Price : 20.75 Evaluated at bid price : 20.75 Bid-YTW : 7.19 % |
GWO.PR.T | Insurance Straight | -8.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-26 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 6.32 % |
ENB.PR.B | FixedReset Disc | -2.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-26 Maturity Price : 18.01 Evaluated at bid price : 18.01 Bid-YTW : 7.23 % |
PVS.PR.K | SplitShare | -2.78 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2029-05-31 Maturity Price : 25.00 Evaluated at bid price : 23.80 Bid-YTW : 5.86 % |
CCS.PR.C | Insurance Straight | -1.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-26 Maturity Price : 21.45 Evaluated at bid price : 21.71 Bid-YTW : 5.78 % |
CU.PR.G | Perpetual-Discount | -1.75 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-26 Maturity Price : 19.70 Evaluated at bid price : 19.70 Bid-YTW : 5.78 % |
BN.PF.G | FixedReset Disc | -1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-26 Maturity Price : 19.90 Evaluated at bid price : 19.90 Bid-YTW : 6.98 % |
PVS.PR.J | SplitShare | -1.01 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2028-02-29 Maturity Price : 25.00 Evaluated at bid price : 24.50 Bid-YTW : 5.26 % |
PWF.PR.H | Perpetual-Discount | 1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-26 Maturity Price : 24.10 Evaluated at bid price : 24.36 Bid-YTW : 6.00 % |
PWF.PR.F | Perpetual-Discount | 1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-26 Maturity Price : 22.10 Evaluated at bid price : 22.38 Bid-YTW : 5.96 % |
IFC.PR.F | Insurance Straight | 3.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-26 Maturity Price : 23.04 Evaluated at bid price : 23.47 Bid-YTW : 5.65 % |
CU.PR.C | FixedReset Disc | 3.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-26 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 6.25 % |
BN.PR.N | Perpetual-Discount | 5.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-26 Maturity Price : 19.64 Evaluated at bid price : 19.64 Bid-YTW : 6.08 % |
MFC.PR.M | FixedReset Ins Non | 6.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-26 Maturity Price : 22.79 Evaluated at bid price : 24.00 Bid-YTW : 5.40 % |
Volume Highlights | |||
Issue | Index | Shares Traded |
Notes |
ENB.PF.E | FixedReset Disc | 66,667 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-26 Maturity Price : 18.94 Evaluated at bid price : 18.94 Bid-YTW : 7.14 % |
TD.PF.E | FixedReset Disc | 50,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-26 Maturity Price : 24.00 Evaluated at bid price : 24.60 Bid-YTW : 5.63 % |
ENB.PR.H | FixedReset Disc | 19,079 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-26 Maturity Price : 20.40 Evaluated at bid price : 20.40 Bid-YTW : 6.38 % |
CU.PR.E | Perpetual-Discount | 18,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-26 Maturity Price : 20.72 Evaluated at bid price : 20.72 Bid-YTW : 5.98 % |
CM.PR.S | FixedReset Prem | 15,774 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-26 Maturity Price : 25.43 Evaluated at bid price : 25.43 Bid-YTW : 5.30 % |
PWF.PR.G | Perpetual-Discount | 14,603 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-03-26 Maturity Price : 24.64 Evaluated at bid price : 24.90 Bid-YTW : 6.02 % |
There were 4 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 |
GWO.PR.M | Insurance Straight | Quote: 24.70 – 27.75 Spot Rate : 3.0500 Average : 1.6707 YTW SCENARIO |
BIP.PR.E | FixedReset Disc | Quote: 20.75 – 23.82 Spot Rate : 3.0700 Average : 2.1726 YTW SCENARIO |
GWO.PR.T | Insurance Straight | Quote: 20.50 – 22.65 Spot Rate : 2.1500 Average : 1.4315 YTW SCENARIO |
PVS.PR.K | SplitShare | Quote: 23.80 – 24.80 Spot Rate : 1.0000 Average : 0.6911 YTW SCENARIO |
BN.PR.T | FixedReset Disc | Quote: 18.00 – 18.95 Spot Rate : 0.9500 Average : 0.6555 YTW SCENARIO |
ENB.PR.B | FixedReset Disc | Quote: 18.01 – 18.85 Spot Rate : 0.8400 Average : 0.6064 YTW SCENARIO |