January 30, 2025

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices

Values are provisional and are finalized monthly
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 -0.3912 % 2,327.5
FixedFloater 0.00 % 0.00 % 0 0.00 0 -0.3912 % 4,464.2
Floater 7.15 % 7.42 % 37,430 12.01 4 -0.3912 % 2,572.7
OpRet 0.00 % 0.00 % 0 0.00 0 -0.0645 % 3,642.8
SplitShare 4.75 % 4.94 % 48,417 1.95 8 -0.0645 % 4,350.3
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.0645 % 3,394.2
Perpetual-Premium 0.00 % 0.00 % 0 0.00 0 0.4310 % 2,917.3
Perpetual-Discount 5.89 % 6.04 % 56,732 13.84 32 0.4310 % 3,181.2
FixedReset Disc 5.34 % 6.48 % 108,238 13.05 50 0.0472 % 2,852.2
Insurance Straight 5.83 % 5.96 % 67,388 13.89 21 0.9009 % 3,106.6
FloatingReset 6.03 % 6.08 % 41,669 13.72 3 -1.3047 % 3,411.3
FixedReset Prem 5.71 % 5.45 % 173,220 13.90 12 0.0132 % 2,583.6
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.0472 % 2,915.6
FixedReset Ins Non 5.12 % 5.82 % 70,334 13.87 14 0.0851 % 2,952.1
Performance Highlights
Issue Index Change Notes
FFH.PR.E FixedReset Disc -18.55 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 18.00
Evaluated at bid price : 18.00
Bid-YTW : 7.14 %
GWO.PR.L Insurance Straight -3.41 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 22.93
Evaluated at bid price : 23.21
Bid-YTW : 6.16 %
IFC.PR.G FixedReset Ins Non -2.65 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 22.68
Evaluated at bid price : 23.51
Bid-YTW : 6.00 %
SLF.PR.J FloatingReset -2.36 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 17.38
Evaluated at bid price : 17.38
Bid-YTW : 6.35 %
PWF.PF.A Perpetual-Discount -1.81 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 19.00
Evaluated at bid price : 19.00
Bid-YTW : 5.97 %
FFH.PR.F FloatingReset -1.80 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 21.80
Evaluated at bid price : 21.80
Bid-YTW : 5.93 %
IFC.PR.F Insurance Straight -1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 21.92
Evaluated at bid price : 22.41
Bid-YTW : 5.97 %
PWF.PR.F Perpetual-Discount -1.00 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 21.42
Evaluated at bid price : 21.68
Bid-YTW : 6.09 %
CU.PR.E Perpetual-Discount 1.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 21.01
Evaluated at bid price : 21.01
Bid-YTW : 5.94 %
POW.PR.C Perpetual-Discount 1.29 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 24.06
Evaluated at bid price : 24.31
Bid-YTW : 6.02 %
CCS.PR.C Insurance Straight 1.67 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 21.35
Evaluated at bid price : 21.35
Bid-YTW : 5.93 %
CU.PR.D Perpetual-Discount 1.94 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 21.00
Evaluated at bid price : 21.00
Bid-YTW : 5.95 %
ENB.PR.F FixedReset Disc 2.00 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 19.90
Evaluated at bid price : 19.90
Bid-YTW : 7.03 %
MFC.PR.C Insurance Straight 2.30 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 20.05
Evaluated at bid price : 20.05
Bid-YTW : 5.70 %
BN.PF.J FixedReset Disc 2.30 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 23.01
Evaluated at bid price : 24.05
Bid-YTW : 6.36 %
PWF.PR.P FixedReset Disc 2.73 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 16.95
Evaluated at bid price : 16.95
Bid-YTW : 6.48 %
POW.PR.A Perpetual-Discount 3.30 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 23.20
Evaluated at bid price : 23.50
Bid-YTW : 6.01 %
IFC.PR.C FixedReset Ins Non 5.09 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 22.15
Evaluated at bid price : 22.49
Bid-YTW : 6.01 %
PWF.PR.K Perpetual-Discount 6.24 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 20.61
Evaluated at bid price : 20.61
Bid-YTW : 6.05 %
CU.PR.C FixedReset Disc 7.57 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 21.46
Evaluated at bid price : 21.46
Bid-YTW : 6.32 %
ENB.PR.B FixedReset Disc 7.81 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 19.19
Evaluated at bid price : 19.19
Bid-YTW : 7.08 %
GWO.PR.T Insurance Straight 23.77 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 21.66
Evaluated at bid price : 21.66
Bid-YTW : 6.02 %
Volume Highlights
Issue Index Shares
Traded
Notes
BN.PF.A FixedReset Disc 233,825 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 23.01
Evaluated at bid price : 24.27
Bid-YTW : 6.27 %
ENB.PR.B FixedReset Disc 56,420 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 19.19
Evaluated at bid price : 19.19
Bid-YTW : 7.08 %
ENB.PR.D FixedReset Disc 53,900 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 19.51
Evaluated at bid price : 19.51
Bid-YTW : 6.98 %
CCS.PR.C Insurance Straight 44,504 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 21.35
Evaluated at bid price : 21.35
Bid-YTW : 5.93 %
ENB.PF.C FixedReset Disc 44,374 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 19.93
Evaluated at bid price : 19.93
Bid-YTW : 7.11 %
RY.PR.J FixedReset Disc 32,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 23.91
Evaluated at bid price : 24.70
Bid-YTW : 5.68 %
There were 18 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
FFH.PR.E FixedReset Disc Quote: 18.00 – 22.00
Spot Rate : 4.0000
Average : 2.1896

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 18.00
Evaluated at bid price : 18.00
Bid-YTW : 7.14 %

MFC.PR.M FixedReset Ins Non Quote: 23.02 – 25.00
Spot Rate : 1.9800
Average : 1.2172

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 22.29
Evaluated at bid price : 23.02
Bid-YTW : 5.89 %

GWO.PR.L Insurance Straight Quote: 23.21 – 24.20
Spot Rate : 0.9900
Average : 0.5805

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 22.93
Evaluated at bid price : 23.21
Bid-YTW : 6.16 %

IFC.PR.G FixedReset Ins Non Quote: 23.51 – 24.35
Spot Rate : 0.8400
Average : 0.5222

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 22.68
Evaluated at bid price : 23.51
Bid-YTW : 6.00 %

PWF.PR.E Perpetual-Discount Quote: 22.91 – 23.50
Spot Rate : 0.5900
Average : 0.3610

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 22.67
Evaluated at bid price : 22.91
Bid-YTW : 6.03 %

MFC.PR.L FixedReset Ins Non Quote: 22.91 – 23.60
Spot Rate : 0.6900
Average : 0.5091

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-01-30
Maturity Price : 22.26
Evaluated at bid price : 22.91
Bid-YTW : 5.82 %

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