| 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 | -0.1629 % | 2,259.3 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1629 % | 4,398.0 |
| Floater | 7.07 % | 7.11 % | 74,138 | 12.47 | 2 | -0.1629 % | 2,534.6 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1784 % | 3,642.4 |
| SplitShare | 4.80 % | 4.47 % | 70,763 | 2.53 | 8 | -0.1784 % | 4,349.8 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1784 % | 3,393.9 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2663 % | 2,950.0 |
| Perpetual-Discount | 5.83 % | 5.97 % | 43,232 | 13.87 | 33 | -0.2663 % | 3,216.8 |
| FixedReset Disc | 5.62 % | 6.17 % | 116,409 | 12.94 | 46 | 0.0394 % | 2,891.9 |
| Insurance Straight | 5.79 % | 5.84 % | 52,028 | 14.18 | 20 | 0.0070 % | 3,127.8 |
| FloatingReset | 5.65 % | 5.72 % | 41,675 | 14.34 | 3 | -0.1214 % | 3,650.1 |
| FixedReset Prem | 6.08 % | 5.26 % | 115,495 | 3.05 | 12 | -0.0484 % | 2,607.2 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0394 % | 2,956.2 |
| FixedReset Ins Non | 5.16 % | 5.85 % | 68,566 | 14.16 | 14 | 0.4569 % | 2,987.4 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| FTS.PR.J | Perpetual-Discount | -2.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-17 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 5.77 % |
| PWF.PR.E | Perpetual-Discount | -1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-17 Maturity Price : 22.84 Evaluated at bid price : 23.12 Bid-YTW : 6.03 % |
| MFC.PR.B | Insurance Straight | -1.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-17 Maturity Price : 20.25 Evaluated at bid price : 20.25 Bid-YTW : 5.78 % |
| CU.PR.G | Perpetual-Discount | -1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-17 Maturity Price : 19.60 Evaluated at bid price : 19.60 Bid-YTW : 5.80 % |
| CU.PR.F | Perpetual-Discount | -1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-17 Maturity Price : 19.71 Evaluated at bid price : 19.71 Bid-YTW : 5.77 % |
| GWO.PR.N | FixedReset Ins Non | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-17 Maturity Price : 16.68 Evaluated at bid price : 16.68 Bid-YTW : 6.30 % |
| BN.PR.T | FixedReset Disc | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-17 Maturity Price : 18.52 Evaluated at bid price : 18.52 Bid-YTW : 6.92 % |
| GWO.PR.M | Insurance Straight | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-17 Maturity Price : 24.00 Evaluated at bid price : 24.25 Bid-YTW : 6.00 % |
| IFC.PR.I | Insurance Straight | 1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-17 Maturity Price : 22.90 Evaluated at bid price : 23.35 Bid-YTW : 5.78 % |
| PWF.PR.L | Perpetual-Discount | 1.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-17 Maturity Price : 21.33 Evaluated at bid price : 21.60 Bid-YTW : 5.99 % |
| MFC.PR.J | FixedReset Ins Non | 2.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-17 Maturity Price : 23.45 Evaluated at bid price : 25.07 Bid-YTW : 5.62 % |
| MFC.PR.L | FixedReset Ins Non | 2.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-17 Maturity Price : 22.59 Evaluated at bid price : 23.45 Bid-YTW : 5.63 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| CM.PR.Q | FixedReset Disc | 220,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-07-31 Maturity Price : 25.00 Evaluated at bid price : 25.04 Bid-YTW : 5.24 % |
| CU.PR.E | Perpetual-Discount | 75,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-17 Maturity Price : 21.02 Evaluated at bid price : 21.02 Bid-YTW : 5.89 % |
| TD.PF.D | FixedReset Disc | 50,700 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-07-31 Maturity Price : 25.00 Evaluated at bid price : 25.05 Bid-YTW : 5.02 % |
| MFC.PR.Q | FixedReset Ins Non | 41,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-17 Maturity Price : 23.27 Evaluated at bid price : 24.71 Bid-YTW : 5.63 % |
| BIP.PR.A | FixedReset Disc | 31,600 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-07-30 Maturity Price : 25.00 Evaluated at bid price : 24.97 Bid-YTW : 5.64 % |
| PWF.PR.H | Perpetual-Discount | 31,220 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-17 Maturity Price : 23.95 Evaluated at bid price : 24.20 Bid-YTW : 6.03 % |
| There were 14 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: 16.75 – 17.90 Spot Rate : 1.1500 Average : 0.8612 YTW SCENARIO |
| IFC.PR.G | FixedReset Ins Non | Quote: 24.40 – 25.00 Spot Rate : 0.6000 Average : 0.3756 YTW SCENARIO |
| CU.PR.H | Perpetual-Discount | Quote: 23.02 – 23.83 Spot Rate : 0.8100 Average : 0.5967 YTW SCENARIO |
| SLF.PR.G | FixedReset Ins Non | Quote: 17.60 – 18.30 Spot Rate : 0.7000 Average : 0.5114 YTW SCENARIO |
| MFC.PR.F | FixedReset Ins Non | Quote: 17.45 – 18.50 Spot Rate : 1.0500 Average : 0.8788 YTW SCENARIO |
| TD.PF.I | FixedReset Prem | Quote: 26.05 – 26.47 Spot Rate : 0.4200 Average : 0.2578 YTW SCENARIO |