| 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 | 0.1366 % | 2,173.8 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1366 % | 4,231.6 |
| Floater | 7.09 % | 7.51 % | 58,507 | 11.86 | 3 | 0.1366 % | 2,438.7 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0694 % | 3,648.9 |
| SplitShare | 4.79 % | 4.07 % | 84,017 | 2.59 | 8 | 0.0694 % | 4,357.6 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0694 % | 3,400.0 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2609 % | 2,918.6 |
| Perpetual-Discount | 5.89 % | 6.03 % | 50,508 | 13.85 | 33 | 0.2609 % | 3,182.6 |
| FixedReset Disc | 5.56 % | 6.27 % | 122,603 | 12.80 | 50 | 0.2820 % | 2,860.8 |
| Insurance Straight | 5.83 % | 5.95 % | 59,778 | 13.91 | 21 | -0.4886 % | 3,105.5 |
| FloatingReset | 5.56 % | 5.70 % | 36,530 | 14.28 | 3 | 0.7628 % | 3,661.8 |
| FixedReset Prem | 6.37 % | 5.28 % | 117,142 | 3.35 | 8 | 0.0239 % | 2,604.6 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2820 % | 2,924.3 |
| FixedReset Ins Non | 5.24 % | 5.78 % | 60,685 | 14.04 | 14 | 0.8270 % | 2,939.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| SLF.PR.E | Insurance Straight | -7.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 18.65 Evaluated at bid price : 18.65 Bid-YTW : 6.04 % |
| IFC.PR.F | Insurance Straight | -4.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 21.63 Evaluated at bid price : 22.00 Bid-YTW : 6.12 % |
| CCS.PR.C | Insurance Straight | -3.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 21.30 Evaluated at bid price : 21.30 Bid-YTW : 5.98 % |
| GWO.PR.H | Insurance Straight | -1.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 20.35 Evaluated at bid price : 20.35 Bid-YTW : 6.07 % |
| BIP.PR.F | FixedReset Disc | -1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 22.96 Evaluated at bid price : 24.15 Bid-YTW : 6.26 % |
| ENB.PR.F | FixedReset Disc | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 19.45 Evaluated at bid price : 19.45 Bid-YTW : 7.05 % |
| BIP.PR.B | FixedReset Disc | 1.04 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.26 Bid-YTW : 5.22 % |
| MFC.PR.F | FixedReset Ins Non | 1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 16.60 Evaluated at bid price : 16.60 Bid-YTW : 6.31 % |
| BIP.PR.A | FixedReset Disc | 1.25 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.17 Bid-YTW : 3.47 % |
| GWO.PR.Y | Insurance Straight | 1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 19.65 Evaluated at bid price : 19.65 Bid-YTW : 5.83 % |
| GWO.PR.P | Insurance Straight | 1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 22.77 Evaluated at bid price : 23.05 Bid-YTW : 5.95 % |
| MFC.PR.B | Insurance Straight | 1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 20.38 Evaluated at bid price : 20.38 Bid-YTW : 5.72 % |
| IFC.PR.A | FixedReset Ins Non | 1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 21.30 Evaluated at bid price : 21.30 Bid-YTW : 5.57 % |
| ENB.PR.H | FixedReset Disc | 1.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 20.55 Evaluated at bid price : 20.55 Bid-YTW : 6.45 % |
| CU.PR.G | Perpetual-Discount | 1.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 19.29 Evaluated at bid price : 19.29 Bid-YTW : 5.87 % |
| GWO.PR.T | Insurance Straight | 1.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 21.48 Evaluated at bid price : 21.80 Bid-YTW : 6.00 % |
| SLF.PR.C | Insurance Straight | 1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 20.10 Evaluated at bid price : 20.10 Bid-YTW : 5.54 % |
| BN.PF.E | FixedReset Disc | 1.92 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 19.64 Evaluated at bid price : 19.64 Bid-YTW : 6.98 % |
| IFC.PR.I | Insurance Straight | 1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 22.99 Evaluated at bid price : 23.45 Bid-YTW : 5.84 % |
| ENB.PR.B | FixedReset Disc | 2.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 18.68 Evaluated at bid price : 18.68 Bid-YTW : 7.14 % |
| GWO.PR.S | Insurance Straight | 2.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 22.22 Evaluated at bid price : 22.50 Bid-YTW : 5.93 % |
| FTS.PR.H | FixedReset Disc | 2.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 17.00 Evaluated at bid price : 17.00 Bid-YTW : 6.46 % |
| SLF.PR.J | FloatingReset | 4.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 17.35 Evaluated at bid price : 17.35 Bid-YTW : 5.81 % |
| PWF.PR.F | Perpetual-Discount | 4.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 21.89 Evaluated at bid price : 22.13 Bid-YTW : 5.99 % |
| SLF.PR.H | FixedReset Ins Non | 8.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 20.16 Evaluated at bid price : 20.16 Bid-YTW : 6.08 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BIP.PR.A | FixedReset Disc | 391,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.17 Bid-YTW : 3.47 % |
| ENB.PR.B | FixedReset Disc | 163,922 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 18.68 Evaluated at bid price : 18.68 Bid-YTW : 7.14 % |
| BN.PF.J | FixedReset Disc | 119,320 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 23.30 Evaluated at bid price : 24.60 Bid-YTW : 6.20 % |
| ENB.PF.C | FixedReset Disc | 117,161 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 7.03 % |
| RY.PR.M | FixedReset Disc | 70,610 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-11-24 Maturity Price : 25.00 Evaluated at bid price : 24.71 Bid-YTW : 5.48 % |
| ENB.PF.G | FixedReset Disc | 63,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-28 Maturity Price : 19.65 Evaluated at bid price : 19.65 Bid-YTW : 7.10 % |
| There were 24 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: 19.35 – 23.88 Spot Rate : 4.5300 Average : 3.9061 YTW SCENARIO |
| IFC.PR.F | Insurance Straight | Quote: 22.00 – 24.00 Spot Rate : 2.0000 Average : 1.4311 YTW SCENARIO |
| BN.PF.E | FixedReset Disc | Quote: 19.64 – 20.99 Spot Rate : 1.3500 Average : 0.8642 YTW SCENARIO |
| BN.PR.R | FixedReset Disc | Quote: 18.49 – 20.00 Spot Rate : 1.5100 Average : 1.0366 YTW SCENARIO |
| CU.PR.C | FixedReset Disc | Quote: 20.57 – 21.96 Spot Rate : 1.3900 Average : 0.9546 YTW SCENARIO |
| SLF.PR.E | Insurance Straight | Quote: 18.65 – 20.59 Spot Rate : 1.9400 Average : 1.5435 YTW SCENARIO |