| 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 | -1.4253 % | 2,051.0 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.4253 % | 3,992.6 |
| Floater | 7.52 % | 8.02 % | 71,917 | 11.34 | 3 | -1.4253 % | 2,300.9 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1193 % | 3,642.4 |
| SplitShare | 4.80 % | 4.64 % | 64,362 | 1.73 | 8 | 0.1193 % | 4,349.8 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1193 % | 3,393.9 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0456 % | 2,850.4 |
| Perpetual-Discount | 6.03 % | 6.15 % | 52,438 | 13.67 | 33 | 0.0456 % | 3,108.2 |
| FixedReset Disc | 5.74 % | 6.60 % | 117,464 | 12.68 | 49 | 0.1553 % | 2,735.3 |
| Insurance Straight | 5.94 % | 6.04 % | 71,365 | 13.81 | 21 | 0.2316 % | 3,045.7 |
| FloatingReset | 5.95 % | 5.96 % | 36,646 | 13.90 | 3 | -0.3827 % | 3,463.8 |
| FixedReset Prem | 6.41 % | 5.44 % | 143,736 | 13.68 | 10 | 0.1377 % | 2,553.6 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1553 % | 2,796.0 |
| FixedReset Ins Non | 5.79 % | 6.20 % | 67,184 | 13.37 | 12 | -0.1157 % | 2,719.4 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| IFC.PR.C | FixedReset Ins Non | -3.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 18.80 Evaluated at bid price : 18.80 Bid-YTW : 7.07 % |
| BN.PR.N | Perpetual-Discount | -3.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 18.00 Evaluated at bid price : 18.00 Bid-YTW : 6.69 % |
| PWF.PR.A | Floater | -2.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 12.75 Evaluated at bid price : 12.75 Bid-YTW : 6.83 % |
| BN.PR.K | Floater | -1.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 10.85 Evaluated at bid price : 10.85 Bid-YTW : 8.12 % |
| PWF.PR.K | Perpetual-Discount | -1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 19.93 Evaluated at bid price : 19.93 Bid-YTW : 6.26 % |
| ENB.PR.D | FixedReset Disc | -1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 17.80 Evaluated at bid price : 17.80 Bid-YTW : 7.51 % |
| IFC.PR.K | Insurance Straight | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 21.32 Evaluated at bid price : 21.60 Bid-YTW : 6.14 % |
| BN.PR.X | FixedReset Disc | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 15.80 Evaluated at bid price : 15.80 Bid-YTW : 7.40 % |
| GWO.PR.I | Insurance Straight | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 19.01 Evaluated at bid price : 19.01 Bid-YTW : 6.00 % |
| BIP.PR.B | FixedReset Disc | 1.21 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.00 Bid-YTW : 6.21 % |
| IFC.PR.F | Insurance Straight | 1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 21.89 Evaluated at bid price : 22.31 Bid-YTW : 5.99 % |
| MFC.PR.C | Insurance Straight | 1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 19.32 Evaluated at bid price : 19.32 Bid-YTW : 5.91 % |
| ENB.PR.A | Perpetual-Discount | 1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 22.60 Evaluated at bid price : 22.85 Bid-YTW : 6.12 % |
| BN.PF.I | FixedReset Disc | 1.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 23.20 Evaluated at bid price : 23.55 Bid-YTW : 6.95 % |
| MFC.PR.I | FixedReset Ins Non | 2.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 23.04 Evaluated at bid price : 23.93 Bid-YTW : 6.02 % |
| POW.PR.D | Perpetual-Discount | 2.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 6.01 % |
| BN.PF.F | FixedReset Disc | 2.93 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 7.00 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| ENB.PF.E | FixedReset Disc | 125,810 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 18.31 Evaluated at bid price : 18.31 Bid-YTW : 7.56 % |
| ENB.PR.B | FixedReset Disc | 64,263 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 17.55 Evaluated at bid price : 17.55 Bid-YTW : 7.58 % |
| FTS.PR.M | FixedReset Disc | 57,728 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 20.60 Evaluated at bid price : 20.60 Bid-YTW : 6.62 % |
| BN.PR.B | Floater | 21,535 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 10.98 Evaluated at bid price : 10.98 Bid-YTW : 8.02 % |
| CU.PR.C | FixedReset Disc | 21,273 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 19.86 Evaluated at bid price : 19.86 Bid-YTW : 6.68 % |
| BN.PR.K | Floater | 20,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-04-30 Maturity Price : 10.85 Evaluated at bid price : 10.85 Bid-YTW : 8.12 % |
| There were 6 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.L | Insurance Straight | Quote: 23.56 – 24.99 Spot Rate : 1.4300 Average : 0.8332 YTW SCENARIO |
| BIP.PR.A | FixedReset Disc | Quote: 23.00 – 24.45 Spot Rate : 1.4500 Average : 0.8856 YTW SCENARIO |
| IFC.PR.A | FixedReset Ins Non | Quote: 16.61 – 19.18 Spot Rate : 2.5700 Average : 2.1106 YTW SCENARIO |
| CU.PR.I | FixedReset Disc | Quote: 24.74 – 25.50 Spot Rate : 0.7600 Average : 0.4302 YTW SCENARIO |
| BN.PR.N | Perpetual-Discount | Quote: 18.00 – 18.75 Spot Rate : 0.7500 Average : 0.4824 YTW SCENARIO |
| CU.PR.F | Perpetual-Discount | Quote: 18.83 – 23.88 Spot Rate : 5.0500 Average : 4.7838 YTW SCENARIO |