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 | 0.5158 % | 2,080.7 |
FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5158 % | 4,050.3 |
Floater | 7.41 % | 8.00 % | 68,699 | 11.37 | 3 | 0.5158 % | 2,334.2 |
OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0050 % | 3,638.1 |
SplitShare | 4.81 % | 4.78 % | 65,068 | 1.73 | 8 | 0.0050 % | 4,344.6 |
Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0050 % | 3,389.9 |
Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1381 % | 2,849.1 |
Perpetual-Discount | 6.03 % | 6.16 % | 54,597 | 13.67 | 33 | -0.1381 % | 3,106.8 |
FixedReset Disc | 5.75 % | 6.64 % | 121,600 | 12.63 | 49 | 0.1575 % | 2,731.1 |
Insurance Straight | 5.96 % | 6.06 % | 71,613 | 13.80 | 21 | -0.4791 % | 3,038.6 |
FloatingReset | 5.92 % | 5.97 % | 38,056 | 13.89 | 3 | 0.1757 % | 3,477.1 |
FixedReset Prem | 6.42 % | 5.46 % | 143,233 | 13.93 | 10 | 0.1260 % | 2,550.1 |
FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1575 % | 2,791.7 |
FixedReset Ins Non | 5.78 % | 6.19 % | 68,175 | 13.41 | 12 | -0.6567 % | 2,722.5 |
Performance Highlights | |||
Issue | Index | Change | Notes |
IFC.PR.A | FixedReset Ins Non | -10.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 16.61 Evaluated at bid price : 16.61 Bid-YTW : 7.00 % |
SLF.PR.E | Insurance Straight | -3.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 19.17 Evaluated at bid price : 19.17 Bid-YTW : 5.94 % |
MFC.PR.C | Insurance Straight | -2.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 19.05 Evaluated at bid price : 19.05 Bid-YTW : 6.00 % |
BN.PF.I | FixedReset Disc | -2.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 22.75 Evaluated at bid price : 23.10 Bid-YTW : 7.08 % |
MFC.PR.I | FixedReset Ins Non | -1.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 22.76 Evaluated at bid price : 23.40 Bid-YTW : 6.17 % |
BN.PF.D | Perpetual-Discount | -1.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 19.05 Evaluated at bid price : 19.05 Bid-YTW : 6.52 % |
MFC.PR.B | Insurance Straight | -1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 19.75 Evaluated at bid price : 19.75 Bid-YTW : 5.98 % |
CCS.PR.C | Insurance Straight | -1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 20.95 Evaluated at bid price : 20.95 Bid-YTW : 6.04 % |
SLF.PR.C | Insurance Straight | -1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 19.55 Evaluated at bid price : 19.55 Bid-YTW : 5.76 % |
SLF.PR.D | Insurance Straight | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 19.35 Evaluated at bid price : 19.35 Bid-YTW : 5.82 % |
ENB.PF.K | FixedReset Disc | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 22.66 Evaluated at bid price : 23.34 Bid-YTW : 6.55 % |
CU.PR.G | Perpetual-Discount | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 19.10 Evaluated at bid price : 19.10 Bid-YTW : 6.00 % |
BMO.PR.E | FixedReset Prem | 1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 23.57 Evaluated at bid price : 25.88 Bid-YTW : 5.46 % |
BN.PF.E | FixedReset Disc | 1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 18.70 Evaluated at bid price : 18.70 Bid-YTW : 7.19 % |
IFC.PR.G | FixedReset Ins Non | 1.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 22.57 Evaluated at bid price : 23.25 Bid-YTW : 5.94 % |
PWF.PR.A | Floater | 1.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 13.07 Evaluated at bid price : 13.07 Bid-YTW : 6.66 % |
IFC.PR.K | Insurance Straight | 2.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 21.50 Evaluated at bid price : 21.84 Bid-YTW : 6.07 % |
BN.PF.J | FixedReset Disc | 3.74 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 22.82 Evaluated at bid price : 23.60 Bid-YTW : 6.36 % |
Volume Highlights | |||
Issue | Index | Shares Traded |
Notes |
FTS.PR.M | FixedReset Disc | 153,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 20.53 Evaluated at bid price : 20.53 Bid-YTW : 6.64 % |
PWF.PR.P | FixedReset Disc | 112,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 14.95 Evaluated at bid price : 14.95 Bid-YTW : 7.18 % |
ENB.PR.N | FixedReset Disc | 103,923 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 21.30 Evaluated at bid price : 21.30 Bid-YTW : 6.92 % |
CU.PR.H | Perpetual-Discount | 78,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 22.22 Evaluated at bid price : 22.50 Bid-YTW : 5.93 % |
NA.PR.E | FixedReset Disc | 66,976 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-29 Maturity Price : 23.27 Evaluated at bid price : 24.72 Bid-YTW : 5.46 % |
RY.PR.J | FixedReset Disc | 58,900 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-06-23 Maturity Price : 25.00 Evaluated at bid price : 24.94 Bid-YTW : 4.66 % |
There were 18 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 |
POW.PR.B | Perpetual-Discount | Quote: 22.03 – 25.00 Spot Rate : 2.9700 Average : 1.7510 YTW SCENARIO |
MFC.PR.L | FixedReset Ins Non | Quote: 21.12 – 23.79 Spot Rate : 2.6700 Average : 1.6962 YTW SCENARIO |
IFC.PR.A | FixedReset Ins Non | Quote: 16.61 – 19.15 Spot Rate : 2.5400 Average : 1.6069 YTW SCENARIO |
MFC.PR.M | FixedReset Ins Non | Quote: 21.60 – 25.00 Spot Rate : 3.4000 Average : 2.9119 YTW SCENARIO |
CU.PR.F | Perpetual-Discount | Quote: 18.95 – 23.88 Spot Rate : 4.9300 Average : 4.4920 YTW SCENARIO |
MFC.PR.K | FixedReset Ins Non | Quote: 23.40 – 24.09 Spot Rate : 0.6900 Average : 0.4725 YTW SCENARIO |