| 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 | 0.4946 % | 2,247.3 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4946 % | 4,374.6 |
| Floater | 7.11 % | 7.24 % | 61,282 | 12.16 | 2 | 0.4946 % | 2,521.1 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0593 % | 3,658.3 |
| SplitShare | 4.78 % | 3.95 % | 69,525 | 2.57 | 8 | 0.0593 % | 4,368.8 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0593 % | 3,408.7 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2338 % | 2,945.4 |
| Perpetual-Discount | 5.84 % | 5.99 % | 48,777 | 13.85 | 33 | -0.2338 % | 3,211.8 |
| FixedReset Disc | 5.62 % | 6.22 % | 129,335 | 13.03 | 46 | -0.0649 % | 2,893.5 |
| Insurance Straight | 5.80 % | 5.80 % | 54,796 | 14.21 | 20 | -0.7156 % | 3,124.4 |
| FloatingReset | 5.56 % | 5.72 % | 44,078 | 14.31 | 3 | -0.1200 % | 3,690.0 |
| FixedReset Prem | 6.07 % | 5.10 % | 119,422 | 3.33 | 12 | -0.1287 % | 2,612.7 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0649 % | 2,957.7 |
| FixedReset Ins Non | 5.18 % | 5.69 % | 65,749 | 14.25 | 14 | -0.6898 % | 2,975.6 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| GWO.PR.T | Insurance Straight | -18.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 17.50 Evaluated at bid price : 17.50 Bid-YTW : 7.38 % |
| BN.PR.M | Perpetual-Discount | -4.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 19.05 Evaluated at bid price : 19.05 Bid-YTW : 6.37 % |
| SLF.PR.G | FixedReset Ins Non | -4.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 17.05 Evaluated at bid price : 17.05 Bid-YTW : 6.23 % |
| PWF.PR.F | Perpetual-Discount | -3.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 21.33 Evaluated at bid price : 21.60 Bid-YTW : 6.15 % |
| PWF.PF.A | Perpetual-Discount | -2.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 18.60 Evaluated at bid price : 18.60 Bid-YTW : 6.14 % |
| MFC.PR.K | FixedReset Ins Non | -2.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 23.00 Evaluated at bid price : 24.15 Bid-YTW : 5.46 % |
| PWF.PR.P | FixedReset Disc | -2.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 17.34 Evaluated at bid price : 17.34 Bid-YTW : 6.29 % |
| SLF.PR.E | Insurance Straight | -1.92 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 20.40 Evaluated at bid price : 20.40 Bid-YTW : 5.53 % |
| PWF.PR.L | Perpetual-Discount | -1.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 21.22 Evaluated at bid price : 21.22 Bid-YTW : 6.10 % |
| GWO.PR.N | FixedReset Ins Non | -1.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 16.25 Evaluated at bid price : 16.25 Bid-YTW : 6.24 % |
| ENB.PR.P | FixedReset Disc | -1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 20.09 Evaluated at bid price : 20.09 Bid-YTW : 6.89 % |
| FTS.PR.K | FixedReset Disc | -1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 5.91 % |
| BN.PF.J | FixedReset Disc | -1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 23.35 Evaluated at bid price : 24.70 Bid-YTW : 6.12 % |
| MFC.PR.C | Insurance Straight | -1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 20.26 Evaluated at bid price : 20.26 Bid-YTW : 5.58 % |
| MFC.PR.F | FixedReset Ins Non | -1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 17.31 Evaluated at bid price : 17.31 Bid-YTW : 5.96 % |
| SLF.PR.D | Insurance Straight | -1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 20.40 Evaluated at bid price : 20.40 Bid-YTW : 5.47 % |
| NA.PR.C | FixedReset Prem | -1.09 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 26.22 Bid-YTW : 5.10 % |
| BIP.PR.E | FixedReset Disc | -1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 23.31 Evaluated at bid price : 24.73 Bid-YTW : 5.99 % |
| IFC.PR.I | Insurance Straight | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 23.42 Evaluated at bid price : 23.70 Bid-YTW : 5.80 % |
| PWF.PR.K | Perpetual-Discount | 1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.98 % |
| IFC.PR.F | Insurance Straight | 1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 22.94 Evaluated at bid price : 23.37 Bid-YTW : 5.76 % |
| PWF.PR.Z | Perpetual-Discount | 1.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 21.52 Evaluated at bid price : 21.85 Bid-YTW : 5.96 % |
| BN.PF.D | Perpetual-Discount | 1.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 20.25 Evaluated at bid price : 20.25 Bid-YTW : 6.18 % |
| PWF.PR.T | FixedReset Disc | 1.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 22.43 Evaluated at bid price : 23.10 Bid-YTW : 5.77 % |
| ENB.PR.B | FixedReset Disc | 2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 18.67 Evaluated at bid price : 18.67 Bid-YTW : 7.07 % |
| BN.PF.B | FixedReset Disc | 2.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 22.00 Evaluated at bid price : 22.43 Bid-YTW : 6.40 % |
| GWO.PR.Y | Insurance Straight | 2.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 19.46 Evaluated at bid price : 19.46 Bid-YTW : 5.80 % |
| GWO.PR.S | Insurance Straight | 2.78 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 21.97 Evaluated at bid price : 22.20 Bid-YTW : 5.91 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BN.PF.I | FixedReset Disc | 108,127 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 24.95 Bid-YTW : 6.13 % |
| BN.PF.H | FixedReset Prem | 80,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.33 Bid-YTW : 4.27 % |
| CM.PR.Q | FixedReset Disc | 70,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 24.06 Evaluated at bid price : 24.96 Bid-YTW : 5.62 % |
| RY.PR.M | FixedReset Disc | 52,200 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-11-24 Maturity Price : 25.00 Evaluated at bid price : 24.79 Bid-YTW : 5.07 % |
| TD.PF.D | FixedReset Disc | 50,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 24.09 Evaluated at bid price : 24.98 Bid-YTW : 5.62 % |
| MFC.PR.M | FixedReset Ins Non | 41,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-06 Maturity Price : 22.37 Evaluated at bid price : 23.11 Bid-YTW : 5.70 % |
| There were 10 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: 17.81 – 24.00 Spot Rate : 6.1900 Average : 3.3474 YTW SCENARIO |
| GWO.PR.T | Insurance Straight | Quote: 17.50 – 22.31 Spot Rate : 4.8100 Average : 2.8478 YTW SCENARIO |
| PWF.PR.O | Perpetual-Discount | Quote: 24.50 – 26.05 Spot Rate : 1.5500 Average : 0.9990 YTW SCENARIO |
| PWF.PR.F | Perpetual-Discount | Quote: 21.60 – 22.60 Spot Rate : 1.0000 Average : 0.5703 YTW SCENARIO |
| CU.PR.J | Perpetual-Discount | Quote: 20.02 – 21.60 Spot Rate : 1.5800 Average : 1.1791 YTW SCENARIO |
| BN.PR.M | Perpetual-Discount | Quote: 19.05 – 20.15 Spot Rate : 1.1000 Average : 0.7370 YTW SCENARIO |