| 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 | -0.2033 % | 2,262.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2033 % | 4,405.1 |
| Floater | 7.06 % | 7.09 % | 58,498 | 12.49 | 2 | -0.2033 % | 2,538.7 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1733 % | 3,644.8 |
| SplitShare | 4.80 % | 3.47 % | 46,427 | 0.68 | 8 | -0.1733 % | 4,352.6 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1733 % | 3,396.1 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0152 % | 2,944.5 |
| Perpetual-Discount | 5.84 % | 5.99 % | 42,783 | 13.85 | 33 | -0.0152 % | 3,210.8 |
| FixedReset Disc | 5.63 % | 6.29 % | 114,236 | 12.93 | 46 | -0.1693 % | 2,885.7 |
| Insurance Straight | 5.81 % | 5.84 % | 51,054 | 14.16 | 20 | -0.3252 % | 3,116.9 |
| FloatingReset | 5.64 % | 5.74 % | 39,737 | 14.32 | 3 | 0.0607 % | 3,656.2 |
| FixedReset Prem | 6.08 % | 5.24 % | 117,567 | 3.29 | 12 | -0.0580 % | 2,608.4 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1693 % | 2,949.8 |
| FixedReset Ins Non | 5.16 % | 5.83 % | 69,105 | 14.13 | 14 | -0.1694 % | 2,988.0 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CU.PR.C | FixedReset Disc | -9.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 19.85 Evaluated at bid price : 19.85 Bid-YTW : 6.81 % |
| IFC.PR.F | Insurance Straight | -7.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 20.90 Evaluated at bid price : 20.90 Bid-YTW : 6.38 % |
| IFC.PR.A | FixedReset Ins Non | -5.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 20.30 Evaluated at bid price : 20.30 Bid-YTW : 5.84 % |
| BN.PR.Z | FixedReset Disc | -3.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 21.58 Evaluated at bid price : 21.99 Bid-YTW : 6.79 % |
| CU.PR.J | Perpetual-Discount | -2.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 20.05 Evaluated at bid price : 20.05 Bid-YTW : 5.99 % |
| ENB.PR.P | FixedReset Disc | -2.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 20.01 Evaluated at bid price : 20.01 Bid-YTW : 7.07 % |
| BN.PR.R | FixedReset Disc | -1.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 17.84 Evaluated at bid price : 17.84 Bid-YTW : 7.21 % |
| CU.PR.F | Perpetual-Discount | -1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 18.65 Evaluated at bid price : 18.65 Bid-YTW : 6.10 % |
| CU.PR.D | Perpetual-Discount | -1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 21.08 Evaluated at bid price : 21.08 Bid-YTW : 5.87 % |
| MFC.PR.B | Insurance Straight | -1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 20.31 Evaluated at bid price : 20.31 Bid-YTW : 5.76 % |
| GWO.PR.L | Insurance Straight | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 23.36 Evaluated at bid price : 23.65 Bid-YTW : 5.99 % |
| ENB.PR.N | FixedReset Disc | 1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 22.56 Evaluated at bid price : 23.30 Bid-YTW : 6.33 % |
| GWO.PR.N | FixedReset Ins Non | 1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 16.75 Evaluated at bid price : 16.75 Bid-YTW : 6.27 % |
| PWF.PR.T | FixedReset Disc | 1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 22.54 Evaluated at bid price : 23.30 Bid-YTW : 5.85 % |
| PWF.PR.Z | Perpetual-Discount | 1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 21.48 Evaluated at bid price : 21.80 Bid-YTW : 5.99 % |
| MFC.PR.K | FixedReset Ins Non | 1.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 23.16 Evaluated at bid price : 24.50 Bid-YTW : 5.50 % |
| CU.PR.E | Perpetual-Discount | 1.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 21.07 Evaluated at bid price : 21.07 Bid-YTW : 5.88 % |
| PWF.PR.P | FixedReset Disc | 2.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 17.25 Evaluated at bid price : 17.25 Bid-YTW : 6.54 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| TD.PF.D | FixedReset Disc | 100,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-07-31 Maturity Price : 25.00 Evaluated at bid price : 25.05 Bid-YTW : 5.26 % |
| SLF.PR.C | Insurance Straight | 26,833 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 20.02 Evaluated at bid price : 20.02 Bid-YTW : 5.58 % |
| ENB.PR.T | FixedReset Disc | 19,094 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 21.36 Evaluated at bid price : 21.36 Bid-YTW : 6.75 % |
| CM.PR.S | FixedReset Prem | 16,281 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 25.35 Evaluated at bid price : 25.35 Bid-YTW : 5.51 % |
| FFH.PR.H | FloatingReset | 13,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 23.92 Evaluated at bid price : 24.20 Bid-YTW : 5.43 % |
| BN.PF.F | FixedReset Disc | 13,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-19 Maturity Price : 21.52 Evaluated at bid price : 21.80 Bid-YTW : 6.71 % |
| 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 |
| IFC.PR.F | Insurance Straight | Quote: 20.90 – 23.87 Spot Rate : 2.9700 Average : 1.9670 YTW SCENARIO |
| CU.PR.C | FixedReset Disc | Quote: 19.85 – 22.15 Spot Rate : 2.3000 Average : 1.3749 YTW SCENARIO |
| CU.PR.F | Perpetual-Discount | Quote: 18.65 – 21.75 Spot Rate : 3.1000 Average : 2.4354 YTW SCENARIO |
| IFC.PR.A | FixedReset Ins Non | Quote: 20.30 – 21.40 Spot Rate : 1.1000 Average : 0.6562 YTW SCENARIO |
| ENB.PF.E | FixedReset Disc | Quote: 20.10 – 21.25 Spot Rate : 1.1500 Average : 0.7175 YTW SCENARIO |
| BN.PR.Z | FixedReset Disc | Quote: 21.99 – 22.69 Spot Rate : 0.7000 Average : 0.4477 YTW SCENARIO |