| 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 | 0.1427 % | 2,081.3 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1427 % | 4,051.5 |
| Floater | 7.41 % | 7.99 % | 62,437 | 11.39 | 3 | 0.1427 % | 2,334.9 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1245 % | 3,616.7 |
| SplitShare | 4.84 % | 5.08 % | 61,676 | 1.75 | 8 | 0.1245 % | 4,319.2 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1245 % | 3,370.0 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 1.0212 % | 2,840.2 |
| Perpetual-Discount | 6.05 % | 6.19 % | 57,620 | 13.65 | 33 | 1.0212 % | 3,097.1 |
| FixedReset Disc | 5.80 % | 6.93 % | 127,257 | 12.63 | 49 | 0.6292 % | 2,708.6 |
| Insurance Straight | 5.96 % | 6.05 % | 75,084 | 13.79 | 21 | -0.0068 % | 3,037.2 |
| FloatingReset | 5.92 % | 5.91 % | 38,876 | 13.99 | 3 | 0.2396 % | 3,478.8 |
| FixedReset Prem | 6.43 % | 5.79 % | 140,949 | 13.79 | 10 | 0.1540 % | 2,544.4 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.6292 % | 2,768.7 |
| FixedReset Ins Non | 5.75 % | 6.23 % | 75,309 | 13.46 | 12 | -0.1476 % | 2,738.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| MFC.PR.M | FixedReset Ins Non | -10.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 6.24 % |
| GWO.PR.T | Insurance Straight | -3.97 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 20.30 Evaluated at bid price : 20.30 Bid-YTW : 6.42 % |
| CU.PR.J | Perpetual-Discount | -3.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 19.22 Evaluated at bid price : 19.22 Bid-YTW : 6.29 % |
| PWF.PR.O | Perpetual-Discount | -2.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 22.71 Evaluated at bid price : 23.00 Bid-YTW : 6.33 % |
| SLF.PR.D | Insurance Straight | -1.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 19.36 Evaluated at bid price : 19.36 Bid-YTW : 5.81 % |
| PWF.PR.G | Perpetual-Discount | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 23.58 Evaluated at bid price : 23.85 Bid-YTW : 6.21 % |
| ENB.PR.Y | FixedReset Disc | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 17.54 Evaluated at bid price : 17.54 Bid-YTW : 7.58 % |
| BN.PR.N | Perpetual-Discount | 1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 18.75 Evaluated at bid price : 18.75 Bid-YTW : 6.41 % |
| ENB.PF.E | FixedReset Disc | 1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 17.95 Evaluated at bid price : 17.95 Bid-YTW : 7.68 % |
| ENB.PR.J | FixedReset Disc | 1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 18.83 Evaluated at bid price : 18.83 Bid-YTW : 7.51 % |
| GWO.PR.M | Insurance Straight | 1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 23.69 Evaluated at bid price : 24.00 Bid-YTW : 6.10 % |
| BN.PF.G | FixedReset Disc | 1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 19.06 Evaluated at bid price : 19.06 Bid-YTW : 7.42 % |
| ENB.PR.P | FixedReset Disc | 1.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 18.78 Evaluated at bid price : 18.78 Bid-YTW : 7.43 % |
| BN.PF.A | FixedReset Disc | 1.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 22.07 Evaluated at bid price : 22.50 Bid-YTW : 6.66 % |
| BN.PF.I | FixedReset Disc | 1.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 23.15 Evaluated at bid price : 23.50 Bid-YTW : 6.94 % |
| CU.PR.C | FixedReset Disc | 1.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 20.20 Evaluated at bid price : 20.20 Bid-YTW : 6.55 % |
| PWF.PR.H | Perpetual-Discount | 1.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 23.06 Evaluated at bid price : 23.32 Bid-YTW : 6.19 % |
| IFC.PR.C | FixedReset Ins Non | 1.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 19.75 Evaluated at bid price : 19.75 Bid-YTW : 6.71 % |
| MFC.PR.Q | FixedReset Ins Non | 1.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 22.45 Evaluated at bid price : 23.05 Bid-YTW : 5.98 % |
| GWO.PR.H | Insurance Straight | 2.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 20.40 Evaluated at bid price : 20.40 Bid-YTW : 6.01 % |
| MFC.PR.J | FixedReset Ins Non | 2.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 22.89 Evaluated at bid price : 23.80 Bid-YTW : 5.86 % |
| PWF.PR.K | Perpetual-Discount | 2.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 20.15 Evaluated at bid price : 20.15 Bid-YTW : 6.18 % |
| PWF.PR.E | Perpetual-Discount | 2.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 22.27 Evaluated at bid price : 22.54 Bid-YTW : 6.12 % |
| IFC.PR.A | FixedReset Ins Non | 2.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 18.55 Evaluated at bid price : 18.55 Bid-YTW : 6.23 % |
| BN.PR.T | FixedReset Disc | 2.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 16.60 Evaluated at bid price : 16.60 Bid-YTW : 7.50 % |
| BN.PF.J | FixedReset Disc | 3.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 22.74 Evaluated at bid price : 23.45 Bid-YTW : 6.39 % |
| PWF.PR.F | Perpetual-Discount | 3.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 6.14 % |
| BIP.PR.F | FixedReset Disc | 3.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 21.88 Evaluated at bid price : 22.25 Bid-YTW : 6.69 % |
| PWF.PR.L | Perpetual-Discount | 4.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 20.78 Evaluated at bid price : 20.78 Bid-YTW : 6.17 % |
| BN.PR.X | FixedReset Disc | 5.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 15.47 Evaluated at bid price : 15.47 Bid-YTW : 7.53 % |
| CU.PR.F | Perpetual-Discount | 23.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 22.63 Evaluated at bid price : 22.88 Bid-YTW : 4.98 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| FTS.PR.M | FixedReset Disc | 109,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 20.65 Evaluated at bid price : 20.65 Bid-YTW : 6.59 % |
| ENB.PR.B | FixedReset Disc | 57,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 17.12 Evaluated at bid price : 17.12 Bid-YTW : 7.75 % |
| ENB.PR.D | FixedReset Disc | 55,826 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 17.69 Evaluated at bid price : 17.69 Bid-YTW : 7.53 % |
| PWF.PR.A | Floater | 53,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 13.10 Evaluated at bid price : 13.10 Bid-YTW : 6.76 % |
| RY.PR.J | FixedReset Disc | 41,500 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-05-24 Maturity Price : 25.00 Evaluated at bid price : 25.11 Bid-YTW : 4.13 % |
| ENB.PR.N | FixedReset Disc | 30,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-22 Maturity Price : 21.22 Evaluated at bid price : 21.22 Bid-YTW : 6.93 % |
| There were 8 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 |
| MFC.PR.L | FixedReset Ins Non | Quote: 20.91 – 23.79 Spot Rate : 2.8800 Average : 1.7539 YTW SCENARIO |
| PWF.PF.A | Perpetual-Discount | Quote: 18.24 – 20.43 Spot Rate : 2.1900 Average : 1.3875 YTW SCENARIO |
| MFC.PR.Q | FixedReset Ins Non | Quote: 23.05 – 25.00 Spot Rate : 1.9500 Average : 1.5155 YTW SCENARIO |
| SLF.PR.D | Insurance Straight | Quote: 19.36 – 21.10 Spot Rate : 1.7400 Average : 1.3412 YTW SCENARIO |
| CU.PR.J | Perpetual-Discount | Quote: 19.22 – 20.61 Spot Rate : 1.3900 Average : 0.9914 YTW SCENARIO |
| CU.PR.G | Perpetual-Discount | Quote: 16.00 – 19.35 Spot Rate : 3.3500 Average : 2.9525 YTW SCENARIO |