| 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 | -0.2744 % | 2,155.4 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2744 % | 4,195.8 |
| Floater | 7.15 % | 7.53 % | 59,752 | 11.84 | 3 | -0.2744 % | 2,418.1 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1530 % | 3,657.4 |
| SplitShare | 4.78 % | 3.28 % | 59,741 | 0.76 | 8 | -0.1530 % | 4,367.7 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1530 % | 3,407.9 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.8459 % | 2,904.7 |
| Perpetual-Discount | 5.92 % | 6.04 % | 49,405 | 13.85 | 33 | 0.8459 % | 3,167.5 |
| FixedReset Disc | 5.58 % | 6.41 % | 109,666 | 12.94 | 51 | 0.1811 % | 2,825.0 |
| Insurance Straight | 5.83 % | 5.98 % | 60,986 | 13.85 | 21 | 0.3189 % | 3,103.5 |
| FloatingReset | 5.63 % | 5.75 % | 32,031 | 14.18 | 3 | -0.0459 % | 3,620.7 |
| FixedReset Prem | 6.42 % | 5.53 % | 118,310 | 13.64 | 8 | -0.2168 % | 2,583.6 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1811 % | 2,887.7 |
| FixedReset Ins Non | 5.36 % | 5.99 % | 61,826 | 14.06 | 14 | -0.7499 % | 2,874.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| MFC.PR.M | FixedReset Ins Non | -5.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 21.15 Evaluated at bid price : 21.15 Bid-YTW : 6.31 % |
| MFC.PR.I | FixedReset Ins Non | -5.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 22.61 Evaluated at bid price : 23.13 Bid-YTW : 6.23 % |
| BN.PF.B | FixedReset Disc | -3.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 6.90 % |
| GWO.PR.I | Insurance Straight | -1.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 6.03 % |
| SLF.PR.C | Insurance Straight | -1.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 19.95 Evaluated at bid price : 19.95 Bid-YTW : 5.67 % |
| TD.PF.I | FixedReset Prem | -1.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 23.52 Evaluated at bid price : 25.10 Bid-YTW : 5.92 % |
| MFC.PR.J | FixedReset Ins Non | -1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 23.10 Evaluated at bid price : 24.21 Bid-YTW : 5.74 % |
| PWF.PR.A | Floater | -1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 12.88 Evaluated at bid price : 12.88 Bid-YTW : 6.79 % |
| SLF.PR.D | Insurance Straight | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 5.66 % |
| CU.PR.F | Perpetual-Discount | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 19.50 Evaluated at bid price : 19.50 Bid-YTW : 5.80 % |
| MFC.PR.C | Insurance Straight | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 19.76 Evaluated at bid price : 19.76 Bid-YTW : 5.70 % |
| IFC.PR.E | Insurance Straight | 1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 22.73 Evaluated at bid price : 23.05 Bid-YTW : 5.72 % |
| PVS.PR.G | SplitShare | 1.22 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-06-21 Maturity Price : 25.00 Evaluated at bid price : 25.20 Bid-YTW : -7.28 % |
| SLF.PR.H | FixedReset Ins Non | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 20.25 Evaluated at bid price : 20.25 Bid-YTW : 6.08 % |
| CU.PR.J | Perpetual-Discount | 1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 5.97 % |
| PVS.PR.H | SplitShare | 1.44 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-02-28 Maturity Price : 25.00 Evaluated at bid price : 25.22 Bid-YTW : 3.28 % |
| GWO.PR.N | FixedReset Ins Non | 1.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 15.98 Evaluated at bid price : 15.98 Bid-YTW : 6.45 % |
| ENB.PR.N | FixedReset Disc | 1.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 21.38 Evaluated at bid price : 21.70 Bid-YTW : 6.72 % |
| FTS.PR.H | FixedReset Disc | 1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 16.50 Evaluated at bid price : 16.50 Bid-YTW : 6.60 % |
| CCS.PR.C | Insurance Straight | 2.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 21.54 Evaluated at bid price : 21.80 Bid-YTW : 5.82 % |
| ENB.PF.K | FixedReset Disc | 4.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 22.87 Evaluated at bid price : 23.72 Bid-YTW : 6.41 % |
| BN.PF.E | FixedReset Disc | 4.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 19.30 Evaluated at bid price : 19.30 Bid-YTW : 7.07 % |
| GWO.PR.G | Insurance Straight | 4.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 21.80 Evaluated at bid price : 22.04 Bid-YTW : 5.99 % |
| PWF.PR.L | Perpetual-Discount | 5.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 20.96 Evaluated at bid price : 20.96 Bid-YTW : 6.16 % |
| POW.PR.G | Perpetual-Discount | 9.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 22.77 Evaluated at bid price : 23.05 Bid-YTW : 6.15 % |
| BN.PF.D | Perpetual-Discount | 11.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 19.87 Evaluated at bid price : 19.87 Bid-YTW : 6.28 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BN.PF.G | FixedReset Disc | 232,231 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 6.99 % |
| PWF.PR.P | FixedReset Disc | 176,052 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 16.01 Evaluated at bid price : 16.01 Bid-YTW : 6.87 % |
| MFC.PR.K | FixedReset Ins Non | 102,790 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 22.84 Evaluated at bid price : 23.80 Bid-YTW : 5.58 % |
| BN.PF.J | FixedReset Disc | 97,842 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 23.21 Evaluated at bid price : 24.38 Bid-YTW : 6.23 % |
| BN.PF.A | FixedReset Disc | 85,426 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 22.86 Evaluated at bid price : 23.86 Bid-YTW : 6.36 % |
| ENB.PR.N | FixedReset Disc | 80,684 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-22 Maturity Price : 21.38 Evaluated at bid price : 21.70 Bid-YTW : 6.72 % |
| 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 |
| MFC.PR.I | FixedReset Ins Non | Quote: 23.13 – 25.00 Spot Rate : 1.8700 Average : 1.0706 YTW SCENARIO |
| MFC.PR.M | FixedReset Ins Non | Quote: 21.15 – 22.73 Spot Rate : 1.5800 Average : 1.0686 YTW SCENARIO |
| POW.PR.B | Perpetual-Discount | Quote: 22.60 – 24.95 Spot Rate : 2.3500 Average : 1.8779 YTW SCENARIO |
| SLF.PR.E | Insurance Straight | Quote: 20.45 – 21.55 Spot Rate : 1.1000 Average : 0.7684 YTW SCENARIO |
| IFC.PR.I | Insurance Straight | Quote: 23.00 – 24.13 Spot Rate : 1.1300 Average : 0.8782 YTW SCENARIO |
| BIP.PR.F | FixedReset Disc | Quote: 24.09 – 25.50 Spot Rate : 1.4100 Average : 1.1589 YTW SCENARIO |