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 | 0.4666 % | 2,170.8 |
FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4666 % | 4,225.8 |
Floater | 7.10 % | 7.50 % | 58,247 | 11.86 | 3 | 0.4666 % | 2,435.4 |
OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4032 % | 3,646.4 |
SplitShare | 4.80 % | 4.30 % | 85,135 | 2.59 | 8 | 0.4032 % | 4,354.6 |
Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4032 % | 3,397.6 |
Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.3697 % | 2,911.0 |
Perpetual-Discount | 5.91 % | 6.04 % | 50,336 | 13.81 | 33 | -0.3697 % | 3,174.3 |
FixedReset Disc | 5.58 % | 6.33 % | 122,248 | 12.85 | 50 | 0.4133 % | 2,852.8 |
Insurance Straight | 5.80 % | 5.91 % | 59,072 | 13.98 | 21 | 1.0591 % | 3,120.8 |
FloatingReset | 5.60 % | 5.72 % | 34,889 | 14.22 | 3 | 0.0763 % | 3,634.0 |
FixedReset Prem | 6.37 % | 5.27 % | 116,645 | 3.41 | 8 | 0.2208 % | 2,603.9 |
FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4133 % | 2,916.1 |
FixedReset Ins Non | 5.29 % | 5.83 % | 60,851 | 13.99 | 14 | -0.2749 % | 2,915.7 |
Performance Highlights | |||
Issue | Index | Change | Notes |
CU.PR.F | Perpetual-Discount | -15.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 19.35 Evaluated at bid price : 19.35 Bid-YTW : 5.85 % |
SLF.PR.H | FixedReset Ins Non | -7.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 18.70 Evaluated at bid price : 18.70 Bid-YTW : 6.62 % |
PWF.PR.F | Perpetual-Discount | -3.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 21.20 Evaluated at bid price : 21.20 Bid-YTW : 6.27 % |
GWO.PR.S | Insurance Straight | -2.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 21.78 Evaluated at bid price : 22.03 Bid-YTW : 6.06 % |
ENB.PR.B | FixedReset Disc | -1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 18.30 Evaluated at bid price : 18.30 Bid-YTW : 7.29 % |
GWO.PR.T | Insurance Straight | -1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 21.45 Evaluated at bid price : 21.45 Bid-YTW : 6.12 % |
SLF.PR.C | Insurance Straight | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 20.05 Evaluated at bid price : 20.05 Bid-YTW : 5.65 % |
BIP.PR.E | FixedReset Disc | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 23.32 Evaluated at bid price : 24.75 Bid-YTW : 6.16 % |
BN.PF.F | FixedReset Disc | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 21.50 Evaluated at bid price : 21.78 Bid-YTW : 6.77 % |
NA.PR.C | FixedReset Prem | 1.06 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 26.70 Bid-YTW : 4.23 % |
PWF.PF.A | Perpetual-Discount | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 18.95 Evaluated at bid price : 18.95 Bid-YTW : 6.01 % |
IFC.PR.K | Insurance Straight | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 22.45 Evaluated at bid price : 22.74 Bid-YTW : 5.86 % |
BIP.PR.F | FixedReset Disc | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 23.11 Evaluated at bid price : 24.51 Bid-YTW : 6.15 % |
IFC.PR.F | Insurance Straight | 1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 22.72 Evaluated at bid price : 23.08 Bid-YTW : 5.83 % |
PVS.PR.J | SplitShare | 1.17 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2028-02-29 Maturity Price : 25.00 Evaluated at bid price : 25.05 Bid-YTW : 4.30 % |
ENB.PR.H | FixedReset Disc | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 20.25 Evaluated at bid price : 20.25 Bid-YTW : 6.55 % |
MFC.PR.K | FixedReset Ins Non | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 22.98 Evaluated at bid price : 24.10 Bid-YTW : 5.53 % |
GWO.PR.Y | Insurance Straight | 1.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 19.40 Evaluated at bid price : 19.40 Bid-YTW : 5.91 % |
FTS.PR.G | FixedReset Disc | 1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 22.18 Evaluated at bid price : 22.63 Bid-YTW : 5.83 % |
PWF.PR.K | Perpetual-Discount | 1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 20.73 Evaluated at bid price : 20.73 Bid-YTW : 6.05 % |
BN.PR.Z | FixedReset Disc | 1.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 22.26 Evaluated at bid price : 22.65 Bid-YTW : 6.64 % |
FTS.PR.K | FixedReset Disc | 1.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 5.97 % |
PWF.PR.P | FixedReset Disc | 1.97 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 16.60 Evaluated at bid price : 16.60 Bid-YTW : 6.67 % |
MFC.PR.B | Insurance Straight | 2.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 20.10 Evaluated at bid price : 20.10 Bid-YTW : 5.80 % |
MFC.PR.C | Insurance Straight | 2.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 5.64 % |
PVS.PR.K | SplitShare | 2.33 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2029-05-31 Maturity Price : 25.00 Evaluated at bid price : 25.00 Bid-YTW : 4.44 % |
GWO.PR.L | Insurance Straight | 2.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 23.59 Evaluated at bid price : 23.86 Bid-YTW : 6.02 % |
ENB.PF.C | FixedReset Disc | 2.87 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 19.70 Evaluated at bid price : 19.70 Bid-YTW : 7.07 % |
CCS.PR.C | Insurance Straight | 3.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 21.75 Evaluated at bid price : 22.00 Bid-YTW : 5.77 % |
GWO.PR.G | Insurance Straight | 5.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 21.92 Evaluated at bid price : 22.16 Bid-YTW : 5.96 % |
SLF.PR.E | Insurance Straight | 7.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 20.39 Evaluated at bid price : 20.39 Bid-YTW : 5.62 % |
Volume Highlights | |||
Issue | Index | Shares Traded |
Notes |
BN.PF.G | FixedReset Disc | 216,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 20.88 Evaluated at bid price : 20.88 Bid-YTW : 6.97 % |
BN.PF.B | FixedReset Disc | 193,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 21.58 Evaluated at bid price : 21.85 Bid-YTW : 6.64 % |
TD.PF.A | FixedReset Disc | 184,701 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 22.72 Evaluated at bid price : 23.79 Bid-YTW : 5.36 % |
TD.PF.I | FixedReset Prem | 155,239 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-10-31 Maturity Price : 25.00 Evaluated at bid price : 25.62 Bid-YTW : 5.44 % |
BN.PR.T | FixedReset Disc | 114,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 18.19 Evaluated at bid price : 18.19 Bid-YTW : 7.04 % |
BN.PR.R | FixedReset Disc | 102,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-27 Maturity Price : 18.45 Evaluated at bid price : 18.45 Bid-YTW : 6.95 % |
There were 25 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 |
PWF.PR.P | FixedReset Disc | Quote: 16.60 – 24.68 Spot Rate : 8.0800 Average : 4.3407 YTW SCENARIO |
CU.PR.F | Perpetual-Discount | Quote: 19.35 – 23.88 Spot Rate : 4.5300 Average : 3.2220 YTW SCENARIO |
PWF.PF.A | Perpetual-Discount | Quote: 18.95 – 20.43 Spot Rate : 1.4800 Average : 0.9495 YTW SCENARIO |
SLF.PR.G | FixedReset Ins Non | Quote: 17.22 – 18.60 Spot Rate : 1.3800 Average : 0.9309 YTW SCENARIO |
TD.PF.D | FixedReset Disc | Quote: 24.83 – 25.83 Spot Rate : 1.0000 Average : 0.6132 YTW SCENARIO |
PWF.PR.F | Perpetual-Discount | Quote: 21.20 – 22.25 Spot Rate : 1.0500 Average : 0.6876 YTW SCENARIO |