| 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 | -0.3142 % | 2,070.0 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.3142 % | 4,029.5 |
| Floater | 7.45 % | 7.98 % | 63,709 | 11.39 | 3 | -0.3142 % | 2,322.2 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0149 % | 3,637.9 |
| SplitShare | 4.81 % | 4.61 % | 64,681 | 1.74 | 8 | -0.0149 % | 4,344.4 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0149 % | 3,389.7 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4963 % | 2,853.0 |
| Perpetual-Discount | 6.03 % | 6.17 % | 54,217 | 13.68 | 33 | 0.4963 % | 3,111.1 |
| FixedReset Disc | 5.76 % | 6.67 % | 122,910 | 12.64 | 49 | 0.1372 % | 2,726.8 |
| Insurance Straight | 5.93 % | 6.06 % | 72,677 | 13.79 | 21 | 0.0430 % | 3,053.2 |
| FloatingReset | 5.93 % | 5.96 % | 38,024 | 13.90 | 3 | 0.0639 % | 3,471.0 |
| FixedReset Prem | 6.43 % | 5.54 % | 144,224 | 13.80 | 10 | 0.1262 % | 2,546.9 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1372 % | 2,787.3 |
| FixedReset Ins Non | 5.74 % | 6.24 % | 69,090 | 13.42 | 12 | 0.3749 % | 2,740.5 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PF.J | FixedReset Disc | -2.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 22.32 Evaluated at bid price : 22.75 Bid-YTW : 6.62 % |
| BN.PF.F | FixedReset Disc | -2.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 20.12 Evaluated at bid price : 20.12 Bid-YTW : 7.21 % |
| IFC.PR.K | Insurance Straight | -2.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 21.32 Evaluated at bid price : 21.32 Bid-YTW : 6.24 % |
| PWF.PR.A | Floater | -1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 12.85 Evaluated at bid price : 12.85 Bid-YTW : 6.77 % |
| POW.PR.D | Perpetual-Discount | -1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 6.16 % |
| GWO.PR.P | Insurance Straight | -1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 22.33 Evaluated at bid price : 22.60 Bid-YTW : 6.04 % |
| PWF.PR.S | Perpetual-Discount | 1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 19.70 Evaluated at bid price : 19.70 Bid-YTW : 6.14 % |
| ENB.PR.D | FixedReset Disc | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 17.88 Evaluated at bid price : 17.88 Bid-YTW : 7.47 % |
| BIP.PR.A | FixedReset Disc | 1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 22.23 Evaluated at bid price : 22.94 Bid-YTW : 6.95 % |
| PWF.PR.K | Perpetual-Discount | 2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 20.20 Evaluated at bid price : 20.20 Bid-YTW : 6.17 % |
| PWF.PR.O | Perpetual-Discount | 2.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 23.32 Evaluated at bid price : 23.60 Bid-YTW : 6.17 % |
| MFC.PR.C | Insurance Straight | 2.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 19.56 Evaluated at bid price : 19.56 Bid-YTW : 5.84 % |
| PWF.PR.F | Perpetual-Discount | 3.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 21.25 Evaluated at bid price : 21.52 Bid-YTW : 6.13 % |
| BN.PF.C | Perpetual-Discount | 3.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 19.20 Evaluated at bid price : 19.20 Bid-YTW : 6.40 % |
| IFC.PR.C | FixedReset Ins Non | 3.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 19.50 Evaluated at bid price : 19.50 Bid-YTW : 6.81 % |
| BN.PF.D | Perpetual-Discount | 8.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 19.37 Evaluated at bid price : 19.37 Bid-YTW : 6.41 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| NA.PR.C | FixedReset Prem | 43,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 25.45 Bid-YTW : 6.16 % |
| RY.PR.J | FixedReset Disc | 32,800 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-06-23 Maturity Price : 25.00 Evaluated at bid price : 24.94 Bid-YTW : 4.58 % |
| BN.PR.B | Floater | 30,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 11.03 Evaluated at bid price : 11.03 Bid-YTW : 7.98 % |
| PWF.PR.G | Perpetual-Discount | 28,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 23.62 Evaluated at bid price : 23.89 Bid-YTW : 6.21 % |
| CU.PR.D | Perpetual-Discount | 25,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 20.60 Evaluated at bid price : 20.60 Bid-YTW : 6.06 % |
| BMO.PR.Y | FixedReset Disc | 25,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-28 Maturity Price : 23.98 Evaluated at bid price : 24.74 Bid-YTW : 5.55 % |
| There were 3 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.M | FixedReset Ins Non | Quote: 21.45 – 25.00 Spot Rate : 3.5500 Average : 2.3766 YTW SCENARIO |
| CU.PR.F | Perpetual-Discount | Quote: 18.82 – 23.88 Spot Rate : 5.0600 Average : 4.0118 YTW SCENARIO |
| MFC.PR.Q | FixedReset Ins Non | Quote: 23.00 – 25.00 Spot Rate : 2.0000 Average : 1.5454 YTW SCENARIO |
| GWO.PR.N | FixedReset Ins Non | Quote: 14.98 – 16.00 Spot Rate : 1.0200 Average : 0.6854 YTW SCENARIO |
| PWF.PR.L | Perpetual-Discount | Quote: 20.72 – 21.70 Spot Rate : 0.9800 Average : 0.7394 YTW SCENARIO |
| IFC.PR.K | Insurance Straight | Quote: 21.32 – 22.70 Spot Rate : 1.3800 Average : 1.1836 YTW SCENARIO |