| 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 | -1.3820 % | 2,116.3 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.3820 % | 4,119.6 |
| Floater | 7.28 % | 7.58 % | 62,621 | 11.80 | 3 | -1.3820 % | 2,374.1 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0591 % | 3,666.5 |
| SplitShare | 4.77 % | 4.53 % | 77,396 | 2.60 | 8 | -0.0591 % | 4,378.5 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0591 % | 3,416.3 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.7452 % | 2,931.5 |
| Perpetual-Discount | 5.86 % | 5.98 % | 52,864 | 13.90 | 33 | 0.7452 % | 3,196.7 |
| FixedReset Disc | 5.56 % | 6.39 % | 106,730 | 12.87 | 51 | 0.2801 % | 2,833.7 |
| Insurance Straight | 5.78 % | 5.89 % | 63,345 | 14.02 | 21 | 1.0252 % | 3,134.4 |
| FloatingReset | 5.68 % | 5.77 % | 31,140 | 14.18 | 3 | -0.0772 % | 3,589.7 |
| FixedReset Prem | 6.41 % | 5.40 % | 116,181 | 13.71 | 8 | 0.1109 % | 2,590.0 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2801 % | 2,896.6 |
| FixedReset Ins Non | 5.31 % | 5.80 % | 65,696 | 13.99 | 14 | 0.7210 % | 2,900.6 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PR.K | Floater | -5.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 11.00 Evaluated at bid price : 11.00 Bid-YTW : 8.03 % |
| MFC.PR.C | Insurance Straight | -1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 5.72 % |
| BN.PF.I | FixedReset Disc | -1.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 23.35 Evaluated at bid price : 23.70 Bid-YTW : 6.90 % |
| RY.PR.S | FixedReset Prem | -1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 23.44 Evaluated at bid price : 25.52 Bid-YTW : 5.11 % |
| PWF.PR.O | Perpetual-Discount | -1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 23.69 Evaluated at bid price : 24.00 Bid-YTW : 6.09 % |
| MFC.PR.Q | FixedReset Ins Non | -1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 23.01 Evaluated at bid price : 24.11 Bid-YTW : 5.69 % |
| GWO.PR.M | Insurance Straight | 1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 24.21 Evaluated at bid price : 24.50 Bid-YTW : 6.00 % |
| CU.PR.H | Perpetual-Discount | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 22.15 Evaluated at bid price : 22.43 Bid-YTW : 5.86 % |
| PWF.PR.S | Perpetual-Discount | 1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 19.66 Evaluated at bid price : 19.66 Bid-YTW : 6.17 % |
| FTS.PR.M | FixedReset Disc | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 21.44 Evaluated at bid price : 21.70 Bid-YTW : 6.26 % |
| MFC.PR.L | FixedReset Ins Non | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 22.02 Evaluated at bid price : 22.50 Bid-YTW : 5.80 % |
| CU.PR.G | Perpetual-Discount | 1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 19.21 Evaluated at bid price : 19.21 Bid-YTW : 5.88 % |
| NA.PR.I | FixedReset Prem | 1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 23.35 Evaluated at bid price : 25.30 Bid-YTW : 5.71 % |
| RY.PR.O | Perpetual-Discount | 1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 24.25 Evaluated at bid price : 24.55 Bid-YTW : 4.99 % |
| BN.PF.D | Perpetual-Discount | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 20.20 Evaluated at bid price : 20.20 Bid-YTW : 6.16 % |
| ENB.PR.F | FixedReset Disc | 1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 7.20 % |
| IFC.PR.C | FixedReset Ins Non | 1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 21.90 Evaluated at bid price : 22.45 Bid-YTW : 5.88 % |
| BN.PF.C | Perpetual-Discount | 1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 6.16 % |
| GWO.PR.Q | Insurance Straight | 1.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 21.67 Evaluated at bid price : 21.92 Bid-YTW : 5.95 % |
| SLF.PR.H | FixedReset Ins Non | 1.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 6.08 % |
| ENB.PR.N | FixedReset Disc | 1.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 22.14 Evaluated at bid price : 22.61 Bid-YTW : 6.47 % |
| ENB.PF.C | FixedReset Disc | 1.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 19.83 Evaluated at bid price : 19.83 Bid-YTW : 7.02 % |
| ENB.PR.A | Perpetual-Discount | 1.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 23.41 Evaluated at bid price : 23.70 Bid-YTW : 5.91 % |
| GWO.PR.I | Insurance Straight | 1.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 19.71 Evaluated at bid price : 19.71 Bid-YTW : 5.80 % |
| BN.PR.M | Perpetual-Discount | 1.87 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 19.61 Evaluated at bid price : 19.61 Bid-YTW : 6.15 % |
| POW.PR.C | Perpetual-Discount | 2.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 24.46 Evaluated at bid price : 24.70 Bid-YTW : 5.93 % |
| CU.PR.J | Perpetual-Discount | 2.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 20.06 Evaluated at bid price : 20.06 Bid-YTW : 5.94 % |
| MFC.PR.F | FixedReset Ins Non | 2.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 16.30 Evaluated at bid price : 16.30 Bid-YTW : 6.28 % |
| BIP.PR.A | FixedReset Disc | 2.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 23.77 Evaluated at bid price : 24.81 Bid-YTW : 6.39 % |
| BN.PF.E | FixedReset Disc | 3.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 19.57 Evaluated at bid price : 19.57 Bid-YTW : 6.86 % |
| SLF.PR.E | Insurance Straight | 3.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 5.71 % |
| IFC.PR.I | Insurance Straight | 3.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 22.77 Evaluated at bid price : 23.19 Bid-YTW : 5.89 % |
| GWO.PR.S | Insurance Straight | 4.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 22.25 Evaluated at bid price : 22.52 Bid-YTW : 5.90 % |
| MFC.PR.I | FixedReset Ins Non | 4.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 23.38 Evaluated at bid price : 24.67 Bid-YTW : 5.80 % |
| PWF.PR.K | Perpetual-Discount | 5.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 20.68 Evaluated at bid price : 20.68 Bid-YTW : 6.04 % |
| SLF.PR.C | Insurance Straight | 6.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 20.85 Evaluated at bid price : 20.85 Bid-YTW : 5.41 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| CU.PR.C | FixedReset Disc | 298,811 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 6.33 % |
| BIP.PR.A | FixedReset Disc | 102,130 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 23.77 Evaluated at bid price : 24.81 Bid-YTW : 6.39 % |
| ENB.PF.K | FixedReset Disc | 37,010 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 23.12 Evaluated at bid price : 24.26 Bid-YTW : 6.26 % |
| FFH.PR.I | FixedReset Disc | 36,256 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 23.59 Evaluated at bid price : 24.25 Bid-YTW : 5.72 % |
| GWO.PR.I | Insurance Straight | 35,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 19.71 Evaluated at bid price : 19.71 Bid-YTW : 5.80 % |
| RY.PR.O | Perpetual-Discount | 28,592 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-13 Maturity Price : 24.25 Evaluated at bid price : 24.55 Bid-YTW : 4.99 % |
| 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 |
| BN.PR.X | FixedReset Disc | Quote: 17.21 – 24.00 Spot Rate : 6.7900 Average : 3.6515 YTW SCENARIO |
| MFC.PR.F | FixedReset Ins Non | Quote: 16.30 – 18.50 Spot Rate : 2.2000 Average : 1.2720 YTW SCENARIO |
| FTS.PR.K | FixedReset Disc | Quote: 21.15 – 22.84 Spot Rate : 1.6900 Average : 1.0158 YTW SCENARIO |
| CU.PR.F | Perpetual-Discount | Quote: 19.30 – 23.88 Spot Rate : 4.5800 Average : 4.1740 YTW SCENARIO |
| IFC.PR.C | FixedReset Ins Non | Quote: 22.45 – 23.45 Spot Rate : 1.0000 Average : 0.6248 YTW SCENARIO |
| BN.PR.K | Floater | Quote: 11.00 – 11.77 Spot Rate : 0.7700 Average : 0.4894 YTW SCENARIO |