| 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 | 1.7377 % | 2,153.0 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 1.7377 % | 4,191.2 |
| Floater | 7.16 % | 7.55 % | 62,354 | 11.84 | 3 | 1.7377 % | 2,415.4 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0592 % | 3,668.6 |
| SplitShare | 4.77 % | 4.53 % | 77,106 | 2.60 | 8 | 0.0592 % | 4,381.1 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0592 % | 3,418.3 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1870 % | 2,926.0 |
| Perpetual-Discount | 5.88 % | 5.99 % | 52,860 | 13.90 | 33 | -0.1870 % | 3,190.7 |
| FixedReset Disc | 5.57 % | 6.33 % | 107,199 | 12.95 | 51 | -0.1383 % | 2,829.8 |
| Insurance Straight | 5.82 % | 5.93 % | 62,536 | 13.93 | 21 | -0.7331 % | 3,111.4 |
| FloatingReset | 5.66 % | 5.77 % | 31,262 | 14.17 | 3 | 0.3243 % | 3,601.3 |
| FixedReset Prem | 6.42 % | 5.36 % | 125,496 | 3.44 | 8 | -0.2215 % | 2,584.2 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1383 % | 2,892.6 |
| FixedReset Ins Non | 5.28 % | 5.75 % | 65,382 | 14.03 | 14 | 0.7323 % | 2,921.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| ENB.PF.G | FixedReset Disc | -7.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 18.00 Evaluated at bid price : 18.00 Bid-YTW : 7.63 % |
| SLF.PR.C | Insurance Straight | -5.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 19.61 Evaluated at bid price : 19.61 Bid-YTW : 5.76 % |
| BN.PF.E | FixedReset Disc | -5.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 18.45 Evaluated at bid price : 18.45 Bid-YTW : 7.28 % |
| GWO.PR.I | Insurance Straight | -4.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 18.80 Evaluated at bid price : 18.80 Bid-YTW : 6.08 % |
| BN.PF.B | FixedReset Disc | -3.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 20.91 Evaluated at bid price : 20.91 Bid-YTW : 6.82 % |
| GWO.PR.Y | Insurance Straight | -3.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 18.99 Evaluated at bid price : 18.99 Bid-YTW : 6.02 % |
| ENB.PR.P | FixedReset Disc | -2.97 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 19.60 Evaluated at bid price : 19.60 Bid-YTW : 7.13 % |
| CU.PR.E | Perpetual-Discount | -2.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 20.19 Evaluated at bid price : 20.19 Bid-YTW : 6.09 % |
| ENB.PR.F | FixedReset Disc | -2.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 18.51 Evaluated at bid price : 18.51 Bid-YTW : 7.40 % |
| GWO.PR.P | Insurance Straight | -2.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 22.49 Evaluated at bid price : 22.75 Bid-YTW : 6.02 % |
| MFC.PR.L | FixedReset Ins Non | -2.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 21.68 Evaluated at bid price : 22.00 Bid-YTW : 5.95 % |
| BN.PR.M | Perpetual-Discount | -1.84 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 19.25 Evaluated at bid price : 19.25 Bid-YTW : 6.27 % |
| GWO.PR.T | Insurance Straight | -1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 21.60 Evaluated at bid price : 21.60 Bid-YTW : 6.06 % |
| BN.PF.C | Perpetual-Discount | -1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 19.72 Evaluated at bid price : 19.72 Bid-YTW : 6.25 % |
| NA.PR.I | FixedReset Prem | -1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 23.25 Evaluated at bid price : 25.00 Bid-YTW : 5.80 % |
| CU.PR.G | Perpetual-Discount | -1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 18.99 Evaluated at bid price : 18.99 Bid-YTW : 5.95 % |
| BN.PF.A | FixedReset Disc | -1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 22.61 Evaluated at bid price : 23.37 Bid-YTW : 6.40 % |
| CU.PR.H | Perpetual-Discount | -1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 21.97 Evaluated at bid price : 22.20 Bid-YTW : 5.92 % |
| SLF.PR.H | FixedReset Ins Non | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 6.02 % |
| IFC.PR.A | FixedReset Ins Non | 1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 20.52 Evaluated at bid price : 20.52 Bid-YTW : 5.63 % |
| BN.PR.Z | FixedReset Disc | 1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 22.12 Evaluated at bid price : 22.45 Bid-YTW : 6.55 % |
| MFC.PR.Q | FixedReset Ins Non | 1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 23.16 Evaluated at bid price : 24.45 Bid-YTW : 5.60 % |
| FTS.PR.H | FixedReset Disc | 1.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 16.40 Evaluated at bid price : 16.40 Bid-YTW : 6.51 % |
| SLF.PR.J | FloatingReset | 1.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 16.86 Evaluated at bid price : 16.86 Bid-YTW : 6.09 % |
| FTS.PR.F | Perpetual-Discount | 1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 21.38 Evaluated at bid price : 21.65 Bid-YTW : 5.76 % |
| MFC.PR.M | FixedReset Ins Non | 1.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 22.33 Evaluated at bid price : 23.05 Bid-YTW : 5.75 % |
| SLF.PR.E | Insurance Straight | 1.75 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 20.35 Evaluated at bid price : 20.35 Bid-YTW : 5.61 % |
| BN.PF.G | FixedReset Disc | 1.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 20.60 Evaluated at bid price : 20.60 Bid-YTW : 6.87 % |
| BN.PF.I | FixedReset Disc | 2.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 23.33 Evaluated at bid price : 24.30 Bid-YTW : 6.70 % |
| BN.PF.F | FixedReset Disc | 2.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 21.52 Evaluated at bid price : 21.80 Bid-YTW : 6.62 % |
| IFC.PR.C | FixedReset Ins Non | 2.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 22.66 Evaluated at bid price : 23.10 Bid-YTW : 5.73 % |
| SLF.PR.G | FixedReset Ins Non | 3.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 16.90 Evaluated at bid price : 16.90 Bid-YTW : 6.22 % |
| BN.PR.K | Floater | 6.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 11.70 Evaluated at bid price : 11.70 Bid-YTW : 7.55 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| PWF.PR.T | FixedReset Disc | 154,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 21.79 Evaluated at bid price : 22.12 Bid-YTW : 5.97 % |
| BN.PF.G | FixedReset Disc | 91,209 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 20.60 Evaluated at bid price : 20.60 Bid-YTW : 6.87 % |
| ENB.PR.T | FixedReset Disc | 90,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 6.79 % |
| CU.PR.C | FixedReset Disc | 73,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 20.60 Evaluated at bid price : 20.60 Bid-YTW : 6.30 % |
| RY.PR.J | FixedReset Disc | 64,100 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-06-23 Maturity Price : 25.00 Evaluated at bid price : 24.97 Bid-YTW : 5.29 % |
| PWF.PR.P | FixedReset Disc | 54,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-14 Maturity Price : 15.95 Evaluated at bid price : 15.95 Bid-YTW : 6.72 % |
| There were 12 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: 17.20 – 24.00 Spot Rate : 6.8000 Average : 5.2982 YTW SCENARIO |
| ENB.PF.G | FixedReset Disc | Quote: 18.00 – 19.80 Spot Rate : 1.8000 Average : 1.0145 YTW SCENARIO |
| MFC.PR.F | FixedReset Ins Non | Quote: 16.35 – 18.50 Spot Rate : 2.1500 Average : 1.7312 YTW SCENARIO |
| BN.PF.B | FixedReset Disc | Quote: 20.91 – 21.93 Spot Rate : 1.0200 Average : 0.6310 YTW SCENARIO |
| GWO.PR.I | Insurance Straight | Quote: 18.80 – 19.85 Spot Rate : 1.0500 Average : 0.7193 YTW SCENARIO |
| SLF.PR.C | Insurance Straight | Quote: 19.61 – 20.93 Spot Rate : 1.3200 Average : 0.9973 YTW SCENARIO |