| 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 | 0.0544 % | 2,180.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0544 % | 4,245.4 |
| Floater | 7.07 % | 7.48 % | 55,958 | 11.89 | 3 | 0.0544 % | 2,446.7 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0347 % | 3,647.1 |
| SplitShare | 4.80 % | 4.08 % | 79,525 | 2.58 | 8 | -0.0347 % | 4,355.4 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0347 % | 3,398.3 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1014 % | 2,926.8 |
| Perpetual-Discount | 5.87 % | 5.98 % | 49,230 | 13.87 | 33 | 0.1014 % | 3,191.5 |
| FixedReset Disc | 5.54 % | 6.22 % | 124,984 | 12.88 | 50 | 0.1399 % | 2,868.8 |
| Insurance Straight | 5.81 % | 5.90 % | 57,806 | 13.97 | 21 | -0.7839 % | 3,117.8 |
| FloatingReset | 5.59 % | 5.74 % | 36,322 | 14.19 | 3 | -0.2281 % | 3,636.8 |
| FixedReset Prem | 6.36 % | 5.05 % | 117,433 | 3.35 | 8 | -0.2431 % | 2,610.5 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1399 % | 2,932.5 |
| FixedReset Ins Non | 5.23 % | 5.76 % | 61,437 | 14.04 | 14 | 0.0422 % | 2,945.6 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| SLF.PR.E | Insurance Straight | -8.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 18.72 Evaluated at bid price : 18.72 Bid-YTW : 6.02 % |
| BN.PR.N | Perpetual-Discount | -7.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 18.00 Evaluated at bid price : 18.00 Bid-YTW : 6.74 % |
| GWO.PR.S | Insurance Straight | -4.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 21.33 Evaluated at bid price : 21.60 Bid-YTW : 6.18 % |
| BIP.PR.E | FixedReset Disc | -3.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 22.75 Evaluated at bid price : 23.50 Bid-YTW : 6.41 % |
| SLF.PR.D | Insurance Straight | -2.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 19.70 Evaluated at bid price : 19.70 Bid-YTW : 5.65 % |
| GWO.PR.P | Insurance Straight | -1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 22.55 Evaluated at bid price : 22.80 Bid-YTW : 6.02 % |
| IFC.PR.F | Insurance Straight | -1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 22.58 Evaluated at bid price : 22.84 Bid-YTW : 5.90 % |
| NA.PR.C | FixedReset Prem | -1.12 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 26.50 Bid-YTW : 4.58 % |
| FTS.PR.F | Perpetual-Discount | -1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 5.76 % |
| FTS.PR.J | Perpetual-Discount | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.69 % |
| BN.PF.A | FixedReset Disc | 1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 22.97 Evaluated at bid price : 24.10 Bid-YTW : 6.32 % |
| CU.PR.G | Perpetual-Discount | 1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 19.62 Evaluated at bid price : 19.62 Bid-YTW : 5.77 % |
| ENB.PR.N | FixedReset Disc | 1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 22.13 Evaluated at bid price : 22.60 Bid-YTW : 6.47 % |
| CU.PR.J | Perpetual-Discount | 1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 20.30 Evaluated at bid price : 20.30 Bid-YTW : 5.89 % |
| PWF.PR.Z | Perpetual-Discount | 1.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 21.42 Evaluated at bid price : 21.75 Bid-YTW : 5.98 % |
| CCS.PR.C | Insurance Straight | 1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 21.30 Evaluated at bid price : 21.30 Bid-YTW : 5.88 % |
| BN.PF.D | Perpetual-Discount | 1.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 20.20 Evaluated at bid price : 20.20 Bid-YTW : 6.18 % |
| BIP.PR.F | FixedReset Disc | 1.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 23.11 Evaluated at bid price : 24.50 Bid-YTW : 6.03 % |
| ENB.PR.F | FixedReset Disc | 3.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 19.76 Evaluated at bid price : 19.76 Bid-YTW : 6.94 % |
| CU.PR.C | FixedReset Disc | 5.75 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 21.15 Evaluated at bid price : 21.15 Bid-YTW : 6.30 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| ENB.PR.Y | FixedReset Disc | 107,556 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 18.89 Evaluated at bid price : 18.89 Bid-YTW : 7.06 % |
| BIP.PR.A | FixedReset Disc | 38,800 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-06-30 Maturity Price : 25.00 Evaluated at bid price : 24.94 Bid-YTW : 2.85 % |
| MFC.PR.F | FixedReset Ins Non | 20,239 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 16.61 Evaluated at bid price : 16.61 Bid-YTW : 6.31 % |
| FTS.PR.M | FixedReset Disc | 16,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 21.56 Evaluated at bid price : 21.87 Bid-YTW : 6.22 % |
| ENB.PR.T | FixedReset Disc | 13,958 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 20.82 Evaluated at bid price : 20.82 Bid-YTW : 6.85 % |
| FFH.PR.G | FixedReset Disc | 13,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-05-30 Maturity Price : 23.43 Evaluated at bid price : 24.30 Bid-YTW : 5.59 % |
| There were 3 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: 16.70 – 24.68 Spot Rate : 7.9800 Average : 6.6372 YTW SCENARIO |
| BN.PR.N | Perpetual-Discount | Quote: 18.00 – 19.65 Spot Rate : 1.6500 Average : 0.9269 YTW SCENARIO |
| SLF.PR.E | Insurance Straight | Quote: 18.72 – 21.20 Spot Rate : 2.4800 Average : 1.8179 YTW SCENARIO |
| BIP.PR.E | FixedReset Disc | Quote: 23.50 – 24.96 Spot Rate : 1.4600 Average : 0.8913 YTW SCENARIO |
| BN.PF.G | FixedReset Disc | Quote: 21.15 – 23.95 Spot Rate : 2.8000 Average : 2.2954 YTW SCENARIO |
| CU.PR.J | Perpetual-Discount | Quote: 20.30 – 21.52 Spot Rate : 1.2200 Average : 0.7661 YTW SCENARIO |