| 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 | -0.4841 % | 2,073.0 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4841 % | 4,035.3 |
| Floater | 7.44 % | 7.96 % | 62,574 | 11.42 | 3 | -0.4841 % | 2,325.6 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0993 % | 3,643.0 |
| SplitShare | 4.80 % | 4.58 % | 63,554 | 1.75 | 8 | 0.0993 % | 4,350.5 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0993 % | 3,394.4 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1966 % | 2,856.6 |
| Perpetual-Discount | 6.02 % | 6.14 % | 54,863 | 13.70 | 33 | 0.1966 % | 3,114.9 |
| FixedReset Disc | 5.77 % | 6.66 % | 125,732 | 12.67 | 49 | 0.0195 % | 2,721.2 |
| Insurance Straight | 5.93 % | 6.03 % | 75,060 | 13.82 | 21 | -0.0543 % | 3,050.4 |
| FloatingReset | 5.90 % | 5.89 % | 38,537 | 14.03 | 3 | 0.1591 % | 3,489.9 |
| FixedReset Prem | 6.42 % | 5.52 % | 139,181 | 13.83 | 10 | 0.0827 % | 2,548.4 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0195 % | 2,781.6 |
| FixedReset Ins Non | 5.75 % | 6.24 % | 70,102 | 13.45 | 12 | -1.0044 % | 2,738.1 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| MFC.PR.M | FixedReset Ins Non | -10.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 6.25 % |
| IFC.PR.C | FixedReset Ins Non | -4.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 18.80 Evaluated at bid price : 18.80 Bid-YTW : 7.04 % |
| PWF.PR.F | Perpetual-Discount | -3.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 6.35 % |
| IFC.PR.K | Insurance Straight | -2.97 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 21.26 Evaluated at bid price : 21.26 Bid-YTW : 6.25 % |
| ELF.PR.F | Perpetual-Discount | -2.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 21.25 Evaluated at bid price : 21.52 Bid-YTW : 6.20 % |
| PWF.PR.P | FixedReset Disc | -2.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 14.70 Evaluated at bid price : 14.70 Bid-YTW : 7.28 % |
| ENB.PF.K | FixedReset Disc | -2.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 22.46 Evaluated at bid price : 23.01 Bid-YTW : 6.63 % |
| GWO.PR.T | Insurance Straight | -2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 20.82 Evaluated at bid price : 20.82 Bid-YTW : 6.26 % |
| BIP.PR.A | FixedReset Disc | -1.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 21.97 Evaluated at bid price : 22.50 Bid-YTW : 7.08 % |
| GWO.PR.S | Insurance Straight | -1.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 21.33 Evaluated at bid price : 21.60 Bid-YTW : 6.14 % |
| ENB.PR.A | Perpetual-Discount | -1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 22.08 Evaluated at bid price : 22.31 Bid-YTW : 6.27 % |
| BN.PR.R | FixedReset Disc | -1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 16.56 Evaluated at bid price : 16.56 Bid-YTW : 7.52 % |
| CCS.PR.C | Insurance Straight | -1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 21.15 Evaluated at bid price : 21.15 Bid-YTW : 5.98 % |
| PWF.PR.Z | Perpetual-Discount | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 20.73 Evaluated at bid price : 20.73 Bid-YTW : 6.25 % |
| CU.PR.J | Perpetual-Discount | 1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 20.15 Evaluated at bid price : 20.15 Bid-YTW : 6.00 % |
| BN.PF.H | FixedReset Disc | 1.06 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-31 Maturity Price : 25.00 Evaluated at bid price : 24.81 Bid-YTW : 6.66 % |
| ENB.PF.G | FixedReset Disc | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 18.04 Evaluated at bid price : 18.04 Bid-YTW : 7.60 % |
| CU.PR.F | Perpetual-Discount | 1.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 19.15 Evaluated at bid price : 19.15 Bid-YTW : 5.98 % |
| SLF.PR.D | Insurance Straight | 1.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 19.90 Evaluated at bid price : 19.90 Bid-YTW : 5.65 % |
| BN.PF.B | FixedReset Disc | 2.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 20.54 Evaluated at bid price : 20.54 Bid-YTW : 6.93 % |
| GWO.PR.M | Insurance Straight | 2.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 23.69 Evaluated at bid price : 24.00 Bid-YTW : 6.10 % |
| PWF.PF.A | Perpetual-Discount | 2.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 18.70 Evaluated at bid price : 18.70 Bid-YTW : 6.05 % |
| CU.PR.G | Perpetual-Discount | 2.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 6.03 % |
| BN.PF.F | FixedReset Disc | 2.78 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 20.67 Evaluated at bid price : 20.67 Bid-YTW : 7.00 % |
| CU.PR.H | Perpetual-Discount | 2.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 22.49 Evaluated at bid price : 22.75 Bid-YTW : 5.86 % |
| MFC.PR.J | FixedReset Ins Non | 3.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 22.89 Evaluated at bid price : 23.80 Bid-YTW : 5.86 % |
| IFC.PR.I | Insurance Straight | 4.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 22.14 Evaluated at bid price : 22.44 Bid-YTW : 6.07 % |
| PWF.PR.L | Perpetual-Discount | 5.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 20.90 Evaluated at bid price : 20.90 Bid-YTW : 6.14 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| RY.PR.J | FixedReset Disc | 75,700 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-05-24 Maturity Price : 25.00 Evaluated at bid price : 24.93 Bid-YTW : 3.44 % |
| FFH.PR.I | FixedReset Disc | 40,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 22.33 Evaluated at bid price : 23.15 Bid-YTW : 5.99 % |
| BIP.PR.E | FixedReset Disc | 31,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 22.24 Evaluated at bid price : 22.68 Bid-YTW : 6.64 % |
| ENB.PR.N | FixedReset Disc | 30,650 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 21.15 Evaluated at bid price : 21.15 Bid-YTW : 6.95 % |
| ENB.PR.T | FixedReset Disc | 14,974 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 19.52 Evaluated at bid price : 19.52 Bid-YTW : 7.32 % |
| PWF.PR.P | FixedReset Disc | 12,305 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-24 Maturity Price : 14.70 Evaluated at bid price : 14.70 Bid-YTW : 7.28 % |
| There were 2 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.T | Insurance Straight | Quote: 20.82 – 22.92 Spot Rate : 2.1000 Average : 1.4705 YTW SCENARIO |
| IFC.PR.C | FixedReset Ins Non | Quote: 18.80 – 21.40 Spot Rate : 2.6000 Average : 2.0127 YTW SCENARIO |
| BN.PR.T | FixedReset Disc | Quote: 16.61 – 18.00 Spot Rate : 1.3900 Average : 0.9310 YTW SCENARIO |
| BN.PR.R | FixedReset Disc | Quote: 16.56 – 18.00 Spot Rate : 1.4400 Average : 1.0144 YTW SCENARIO |
| FTS.PR.K | FixedReset Disc | Quote: 20.30 – 21.40 Spot Rate : 1.1000 Average : 0.6786 YTW SCENARIO |
| PWF.PR.F | Perpetual-Discount | Quote: 20.80 – 21.99 Spot Rate : 1.1900 Average : 0.7871 YTW SCENARIO |