| 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 | 0.4073 % | 2,272.2 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4073 % | 4,423.1 |
| Floater | 7.03 % | 7.03 % | 58,007 | 12.56 | 2 | 0.4073 % | 2,549.0 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0099 % | 3,644.4 |
| SplitShare | 4.80 % | 4.49 % | 68,073 | 2.52 | 8 | -0.0099 % | 4,352.2 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0099 % | 3,395.7 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0496 % | 2,945.9 |
| Perpetual-Discount | 5.84 % | 5.97 % | 42,365 | 13.85 | 33 | 0.0496 % | 3,212.4 |
| FixedReset Disc | 5.63 % | 6.27 % | 113,353 | 12.92 | 46 | -0.0365 % | 2,884.7 |
| Insurance Straight | 5.80 % | 5.86 % | 51,466 | 14.16 | 20 | 0.0816 % | 3,119.4 |
| FloatingReset | 5.67 % | 5.76 % | 40,363 | 14.28 | 3 | -0.4246 % | 3,640.7 |
| FixedReset Prem | 6.08 % | 5.20 % | 116,521 | 3.29 | 12 | -0.0226 % | 2,607.9 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0365 % | 2,948.7 |
| FixedReset Ins Non | 5.18 % | 5.82 % | 66,756 | 14.05 | 14 | -0.4579 % | 2,974.3 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| MFC.PR.K | FixedReset Ins Non | -2.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-20 Maturity Price : 22.89 Evaluated at bid price : 23.90 Bid-YTW : 5.66 % |
| MFC.PR.Q | FixedReset Ins Non | -1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-20 Maturity Price : 23.18 Evaluated at bid price : 24.47 Bid-YTW : 5.69 % |
| PWF.PR.T | FixedReset Disc | -1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-20 Maturity Price : 22.34 Evaluated at bid price : 22.95 Bid-YTW : 5.95 % |
| GWO.PR.N | FixedReset Ins Non | -1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-20 Maturity Price : 16.56 Evaluated at bid price : 16.56 Bid-YTW : 6.34 % |
| BIP.PR.E | FixedReset Disc | -1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-20 Maturity Price : 23.23 Evaluated at bid price : 24.50 Bid-YTW : 6.19 % |
| MFC.PR.J | FixedReset Ins Non | -1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-20 Maturity Price : 23.33 Evaluated at bid price : 24.75 Bid-YTW : 5.71 % |
| CCS.PR.C | Insurance Straight | 1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-20 Maturity Price : 21.75 Evaluated at bid price : 22.00 Bid-YTW : 5.70 % |
| PWF.PR.E | Perpetual-Discount | 1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-20 Maturity Price : 23.20 Evaluated at bid price : 23.50 Bid-YTW : 5.94 % |
| CU.PR.J | Perpetual-Discount | 1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-20 Maturity Price : 20.33 Evaluated at bid price : 20.33 Bid-YTW : 5.91 % |
| GWO.PR.L | Insurance Straight | 1.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-20 Maturity Price : 23.69 Evaluated at bid price : 24.00 Bid-YTW : 5.90 % |
| CU.PR.F | Perpetual-Discount | 3.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-20 Maturity Price : 19.26 Evaluated at bid price : 19.26 Bid-YTW : 5.91 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| ENB.PR.T | FixedReset Disc | 48,067 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-20 Maturity Price : 21.35 Evaluated at bid price : 21.35 Bid-YTW : 6.75 % |
| ENB.PF.E | FixedReset Disc | 37,355 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-20 Maturity Price : 20.10 Evaluated at bid price : 20.10 Bid-YTW : 6.99 % |
| FTS.PR.M | FixedReset Disc | 27,859 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-20 Maturity Price : 21.97 Evaluated at bid price : 22.45 Bid-YTW : 6.13 % |
| CU.PR.E | Perpetual-Discount | 25,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-20 Maturity Price : 20.97 Evaluated at bid price : 20.97 Bid-YTW : 5.91 % |
| RY.PR.O | Perpetual-Discount | 18,971 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-20 Maturity Price : 24.34 Evaluated at bid price : 24.65 Bid-YTW : 5.01 % |
| TD.PF.A | FixedReset Disc | 12,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-06-20 Maturity Price : 22.90 Evaluated at bid price : 24.17 Bid-YTW : 5.34 % |
| 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 |
| IFC.PR.F | Insurance Straight | Quote: 20.90 – 23.87 Spot Rate : 2.9700 Average : 2.4916 YTW SCENARIO |
| CU.PR.C | FixedReset Disc | Quote: 19.85 – 22.14 Spot Rate : 2.2900 Average : 1.8535 YTW SCENARIO |
| MFC.PR.K | FixedReset Ins Non | Quote: 23.90 – 24.96 Spot Rate : 1.0600 Average : 0.7398 YTW SCENARIO |
| IFC.PR.A | FixedReset Ins Non | Quote: 20.30 – 21.50 Spot Rate : 1.2000 Average : 0.9406 YTW SCENARIO |
| PWF.PR.E | Perpetual-Discount | Quote: 23.50 – 24.33 Spot Rate : 0.8300 Average : 0.5845 YTW SCENARIO |
| ELF.PR.H | Perpetual-Discount | Quote: 23.30 – 23.99 Spot Rate : 0.6900 Average : 0.4612 YTW SCENARIO |
Just wanted to thank James for the return of the site. The high quality of information, commentary and comments is unmatched elsewhere.
-Tim
Thanks, tim! Your support is greatly appreciated in these trying times!
Glad to have James back, his commentary (and humour) is much appreciated. Thank you, James!
And thank you, niagara!