| HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
|||||||
| 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 | 0.3885 % | 2,145.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3885 % | 4,177.3 |
| Floater | 7.18 % | 7.62 % | 60,304 | 11.76 | 3 | 0.3885 % | 2,407.4 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0987 % | 3,668.6 |
| SplitShare | 4.77 % | 4.42 % | 78,392 | 2.60 | 8 | 0.0987 % | 4,381.1 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0987 % | 3,418.3 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.5551 % | 2,909.8 |
| Perpetual-Discount | 5.91 % | 6.01 % | 51,949 | 13.87 | 33 | -0.5551 % | 3,173.0 |
| FixedReset Disc | 5.58 % | 6.34 % | 110,493 | 12.97 | 51 | 0.5073 % | 2,825.8 |
| Insurance Straight | 5.84 % | 5.90 % | 65,117 | 13.96 | 21 | 0.3056 % | 3,102.6 |
| FloatingReset | 5.68 % | 5.74 % | 32,401 | 14.22 | 3 | 0.4807 % | 3,592.5 |
| FixedReset Prem | 6.41 % | 5.40 % | 114,350 | 3.44 | 8 | 0.0820 % | 2,587.1 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5073 % | 2,888.5 |
| FixedReset Ins Non | 5.35 % | 5.87 % | 65,077 | 13.98 | 14 | 0.6420 % | 2,879.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CU.PR.F | Perpetual-Discount | -16.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 19.15 Evaluated at bid price : 19.15 Bid-YTW : 5.89 % |
| MFC.PR.I | FixedReset Ins Non | -4.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 22.82 Evaluated at bid price : 23.50 Bid-YTW : 6.13 % |
| PWF.PR.K | Perpetual-Discount | -4.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 19.61 Evaluated at bid price : 19.61 Bid-YTW : 6.38 % |
| GWO.PR.R | Insurance Straight | -3.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 19.82 Evaluated at bid price : 19.82 Bid-YTW : 6.15 % |
| PWF.PR.S | Perpetual-Discount | -2.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 19.45 Evaluated at bid price : 19.45 Bid-YTW : 6.23 % |
| IFC.PR.I | Insurance Straight | -2.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 22.17 Evaluated at bid price : 22.47 Bid-YTW : 6.09 % |
| CU.PR.J | Perpetual-Discount | -2.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 19.65 Evaluated at bid price : 19.65 Bid-YTW : 6.06 % |
| SLF.PR.G | FixedReset Ins Non | -1.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 16.30 Evaluated at bid price : 16.30 Bid-YTW : 6.45 % |
| BN.PF.E | FixedReset Disc | -1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 7.07 % |
| GWO.PR.Q | Insurance Straight | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 21.33 Evaluated at bid price : 21.60 Bid-YTW : 6.04 % |
| RY.PR.O | Perpetual-Discount | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 24.00 Evaluated at bid price : 24.25 Bid-YTW : 5.06 % |
| BN.PR.X | FixedReset Disc | 1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 17.11 Evaluated at bid price : 17.11 Bid-YTW : 6.80 % |
| SLF.PR.H | FixedReset Ins Non | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 19.50 Evaluated at bid price : 19.50 Bid-YTW : 6.17 % |
| FTS.PR.J | Perpetual-Discount | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 20.89 Evaluated at bid price : 20.89 Bid-YTW : 5.80 % |
| ENB.PR.J | FixedReset Disc | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 20.32 Evaluated at bid price : 20.32 Bid-YTW : 6.95 % |
| GWO.PR.Y | Insurance Straight | 1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 19.50 Evaluated at bid price : 19.50 Bid-YTW : 5.86 % |
| MFC.PR.Q | FixedReset Ins Non | 1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 23.12 Evaluated at bid price : 24.36 Bid-YTW : 5.62 % |
| BIP.PR.F | FixedReset Disc | 1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 22.84 Evaluated at bid price : 23.88 Bid-YTW : 6.20 % |
| MFC.PR.M | FixedReset Ins Non | 1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 22.07 Evaluated at bid price : 22.61 Bid-YTW : 5.88 % |
| FTS.PR.H | FixedReset Disc | 1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 16.27 Evaluated at bid price : 16.27 Bid-YTW : 6.56 % |
| POW.PR.G | Perpetual-Discount | 1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 23.30 Evaluated at bid price : 23.58 Bid-YTW : 6.00 % |
| BN.PR.T | FixedReset Disc | 1.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 17.75 Evaluated at bid price : 17.75 Bid-YTW : 7.02 % |
| MFC.PR.B | Insurance Straight | 1.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 20.35 Evaluated at bid price : 20.35 Bid-YTW : 5.81 % |
| FTS.PR.M | FixedReset Disc | 1.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 21.46 Evaluated at bid price : 21.46 Bid-YTW : 6.34 % |
| BN.PF.G | FixedReset Disc | 1.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 20.11 Evaluated at bid price : 20.11 Bid-YTW : 7.04 % |
| BN.PF.I | FixedReset Disc | 1.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 23.83 Evaluated at bid price : 24.15 Bid-YTW : 6.77 % |
| PWF.PR.P | FixedReset Disc | 1.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 15.80 Evaluated at bid price : 15.80 Bid-YTW : 6.78 % |
| ENB.PF.G | FixedReset Disc | 1.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 19.44 Evaluated at bid price : 19.44 Bid-YTW : 7.05 % |
| IFC.PR.A | FixedReset Ins Non | 2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 20.25 Evaluated at bid price : 20.25 Bid-YTW : 5.70 % |
| BN.PR.K | Floater | 2.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 11.58 Evaluated at bid price : 11.58 Bid-YTW : 7.62 % |
| CU.PR.C | FixedReset Disc | 2.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 20.30 Evaluated at bid price : 20.30 Bid-YTW : 6.40 % |
| IFC.PR.G | FixedReset Ins Non | 2.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 23.19 Evaluated at bid price : 24.55 Bid-YTW : 5.57 % |
| GWO.PR.G | Insurance Straight | 2.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 22.12 Evaluated at bid price : 22.40 Bid-YTW : 5.88 % |
| IFC.PR.C | FixedReset Ins Non | 2.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 21.71 Evaluated at bid price : 22.15 Bid-YTW : 5.97 % |
| POW.PR.B | Perpetual-Discount | 2.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 22.66 Evaluated at bid price : 22.90 Bid-YTW : 5.90 % |
| PWF.PR.T | FixedReset Disc | 2.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 21.77 Evaluated at bid price : 22.10 Bid-YTW : 5.98 % |
| BN.PF.B | FixedReset Disc | 2.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 6.62 % |
| MFC.PR.C | Insurance Straight | 3.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 20.40 Evaluated at bid price : 20.40 Bid-YTW : 5.61 % |
| SLF.PR.D | Insurance Straight | 3.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 5.45 % |
| GWO.PR.N | FixedReset Ins Non | 4.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 15.82 Evaluated at bid price : 15.82 Bid-YTW : 6.34 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| PWF.PR.P | FixedReset Disc | 64,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 15.80 Evaluated at bid price : 15.80 Bid-YTW : 6.78 % |
| PWF.PR.T | FixedReset Disc | 41,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 21.77 Evaluated at bid price : 22.10 Bid-YTW : 5.98 % |
| BN.PF.G | FixedReset Disc | 36,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 20.11 Evaluated at bid price : 20.11 Bid-YTW : 7.04 % |
| ENB.PR.Y | FixedReset Disc | 31,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 18.95 Evaluated at bid price : 18.95 Bid-YTW : 7.02 % |
| PWF.PR.R | Perpetual-Discount | 30,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 22.78 Evaluated at bid price : 23.06 Bid-YTW : 6.01 % |
| MFC.PR.M | FixedReset Ins Non | 30,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-12 Maturity Price : 22.07 Evaluated at bid price : 22.61 Bid-YTW : 5.88 % |
| There were 13 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 |
| CU.PR.F | Perpetual-Discount | Quote: 19.15 – 23.88 Spot Rate : 4.7300 Average : 3.7288 YTW SCENARIO |
| BN.PF.E | FixedReset Disc | Quote: 19.00 – 20.99 Spot Rate : 1.9900 Average : 1.3655 YTW SCENARIO |
| MFC.PR.I | FixedReset Ins Non | Quote: 23.50 – 24.87 Spot Rate : 1.3700 Average : 0.7889 YTW SCENARIO |
| IFC.PR.A | FixedReset Ins Non | Quote: 20.25 – 22.18 Spot Rate : 1.9300 Average : 1.4383 YTW SCENARIO |
| PWF.PR.K | Perpetual-Discount | Quote: 19.61 – 21.00 Spot Rate : 1.3900 Average : 0.9675 YTW SCENARIO |
| PWF.PR.S | Perpetual-Discount | Quote: 19.45 – 20.63 Spot Rate : 1.1800 Average : 0.7881 YTW SCENARIO |