| 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 | 0.5888 % | 2,342.6 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5888 % | 4,493.1 |
| Floater | 7.44 % | 7.70 % | 38,401 | 11.69 | 4 | 0.5888 % | 2,589.4 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0795 % | 3,636.3 |
| SplitShare | 4.76 % | 4.95 % | 48,407 | 0.12 | 8 | -0.0795 % | 4,342.5 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0795 % | 3,388.2 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0475 % | 2,912.5 |
| Perpetual-Discount | 5.90 % | 6.02 % | 56,982 | 13.86 | 32 | 0.0475 % | 3,175.9 |
| FixedReset Disc | 5.31 % | 6.48 % | 106,215 | 13.09 | 50 | -0.1146 % | 2,863.2 |
| Insurance Straight | 5.82 % | 5.92 % | 66,395 | 13.98 | 21 | 0.0621 % | 3,112.6 |
| FloatingReset | 5.97 % | 6.10 % | 43,914 | 13.71 | 3 | 0.2400 % | 3,445.4 |
| FixedReset Prem | 5.70 % | 5.51 % | 175,921 | 13.71 | 12 | -0.0854 % | 2,584.3 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1146 % | 2,926.7 |
| FixedReset Ins Non | 5.10 % | 5.80 % | 66,925 | 13.91 | 14 | -0.0912 % | 2,961.0 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| POW.PR.A | Perpetual-Discount | -3.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 22.49 Evaluated at bid price : 22.75 Bid-YTW : 6.21 % |
| PWF.PR.P | FixedReset Disc | -2.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 16.50 Evaluated at bid price : 16.50 Bid-YTW : 6.65 % |
| BN.PF.J | FixedReset Disc | -2.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 22.73 Evaluated at bid price : 23.50 Bid-YTW : 6.52 % |
| CCS.PR.C | Insurance Straight | -2.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 5.89 % |
| GWO.PR.Q | Insurance Straight | -2.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 21.30 Evaluated at bid price : 21.30 Bid-YTW : 6.13 % |
| BN.PF.F | FixedReset Disc | -1.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 21.43 Evaluated at bid price : 21.70 Bid-YTW : 6.78 % |
| FFH.PR.E | FixedReset Disc | -1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 21.72 Evaluated at bid price : 22.13 Bid-YTW : 5.77 % |
| CU.PR.J | Perpetual-Discount | -1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 19.85 Evaluated at bid price : 19.85 Bid-YTW : 6.10 % |
| SLF.PR.C | Insurance Straight | -1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 20.20 Evaluated at bid price : 20.20 Bid-YTW : 5.58 % |
| GWO.PR.Y | Insurance Straight | -1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 19.25 Evaluated at bid price : 19.25 Bid-YTW : 5.92 % |
| MFC.PR.J | FixedReset Ins Non | -1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 23.19 Evaluated at bid price : 24.55 Bid-YTW : 5.80 % |
| MFC.PR.I | FixedReset Ins Non | -1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 23.27 Evaluated at bid price : 24.55 Bid-YTW : 5.97 % |
| FTS.PR.J | Perpetual-Discount | 1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 20.65 Evaluated at bid price : 20.65 Bid-YTW : 5.86 % |
| GWO.PR.T | Insurance Straight | 1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 21.80 Evaluated at bid price : 21.80 Bid-YTW : 5.98 % |
| SLF.PR.J | FloatingReset | 1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 17.75 Evaluated at bid price : 17.75 Bid-YTW : 6.21 % |
| ENB.PF.C | FixedReset Disc | 1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 7.09 % |
| FTS.PR.F | Perpetual-Discount | 1.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 21.54 Evaluated at bid price : 21.80 Bid-YTW : 5.71 % |
| IFC.PR.I | Insurance Straight | 1.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 22.53 Evaluated at bid price : 22.90 Bid-YTW : 5.95 % |
| POW.PR.D | Perpetual-Discount | 1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 20.92 Evaluated at bid price : 20.92 Bid-YTW : 6.04 % |
| PWF.PF.A | Perpetual-Discount | 3.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 19.11 Evaluated at bid price : 19.11 Bid-YTW : 5.93 % |
| SLF.PR.D | Insurance Straight | 4.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 20.29 Evaluated at bid price : 20.29 Bid-YTW : 5.55 % |
| BN.PF.E | FixedReset Disc | 4.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 21.10 Evaluated at bid price : 21.10 Bid-YTW : 6.55 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| FTS.PR.M | FixedReset Disc | 162,231 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 21.55 Evaluated at bid price : 21.55 Bid-YTW : 6.44 % |
| NA.PR.W | FixedReset Prem | 135,354 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-03-17 Maturity Price : 25.00 Evaluated at bid price : 24.94 Bid-YTW : 5.13 % |
| BIP.PR.A | FixedReset Disc | 102,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 23.62 Evaluated at bid price : 24.40 Bid-YTW : 6.62 % |
| BN.PF.B | FixedReset Disc | 100,244 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 21.97 Evaluated at bid price : 22.42 Bid-YTW : 6.46 % |
| IFC.PR.I | Insurance Straight | 80,830 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 22.53 Evaluated at bid price : 22.90 Bid-YTW : 5.95 % |
| ENB.PR.D | FixedReset Disc | 62,445 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-01-28 Maturity Price : 19.43 Evaluated at bid price : 19.43 Bid-YTW : 7.01 % |
| There were 34 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.T | FixedReset Disc | Quote: 19.18 – 20.18 Spot Rate : 1.0000 Average : 0.5750 YTW SCENARIO |
| BN.PF.G | FixedReset Disc | Quote: 22.02 – 23.30 Spot Rate : 1.2800 Average : 0.8667 YTW SCENARIO |
| POW.PR.A | Perpetual-Discount | Quote: 22.75 – 23.75 Spot Rate : 1.0000 Average : 0.5992 YTW SCENARIO |
| BN.PF.J | FixedReset Disc | Quote: 23.50 – 24.30 Spot Rate : 0.8000 Average : 0.4823 YTW SCENARIO |
| CCS.PR.C | Insurance Straight | Quote: 21.50 – 23.00 Spot Rate : 1.5000 Average : 1.1971 YTW SCENARIO |
| ENB.PR.B | FixedReset Disc | Quote: 17.80 – 19.33 Spot Rate : 1.5300 Average : 1.2343 YTW SCENARIO |