February 4, 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 8.24 % 8.67 % 26,067 11.48 1 0.8376 % 2,322.6
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.4167 % 4,436.2
Floater 7.19 % 7.48 % 35,561 11.93 4 0.4167 % 2,556.6
OpRet 0.00 % 0.00 % 0 0.00 0 0.0050 % 3,638.8
SplitShare 4.76 % 4.33 % 46,327 0.15 8 0.0050 % 4,345.5
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.0050 % 3,390.5
Perpetual-Premium 0.00 % 0.00 % 0 0.00 0 0.2816 % 2,921.9
Perpetual-Discount 5.88 % 6.00 % 60,569 13.86 32 0.2816 % 3,186.2
FixedReset Disc 5.34 % 6.20 % 117,279 13.39 51 0.4506 % 2,856.2
Insurance Straight 5.77 % 5.96 % 73,584 13.91 21 0.6980 % 3,135.6
FloatingReset 5.93 % 6.00 % 37,586 13.83 4 0.5819 % 3,384.5
FixedReset Prem 6.06 % 5.27 % 175,340 14.22 9 0.4268 % 2,590.8
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.4506 % 2,919.6
FixedReset Ins Non 5.17 % 5.59 % 76,508 14.17 14 0.7619 % 2,923.4
Performance Highlights
Issue Index Change Notes
MFC.PR.N FixedReset Ins Non -4.33 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 21.00
Evaluated at bid price : 21.00
Bid-YTW : 5.95 %
GWO.PR.I Insurance Straight -1.23 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 19.35
Evaluated at bid price : 19.35
Bid-YTW : 5.90 %
PWF.PR.Z Perpetual-Discount -1.03 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 21.20
Evaluated at bid price : 21.20
Bid-YTW : 6.13 %
ENB.PR.Y FixedReset Disc 1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 19.15
Evaluated at bid price : 19.15
Bid-YTW : 6.81 %
SLF.PR.J FloatingReset 1.09 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 17.55
Evaluated at bid price : 17.55
Bid-YTW : 6.06 %
FFH.PR.H FloatingReset 1.12 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 22.22
Evaluated at bid price : 22.50
Bid-YTW : 6.00 %
MFC.PR.J FixedReset Ins Non 1.19 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 23.23
Evaluated at bid price : 24.65
Bid-YTW : 5.52 %
CU.PR.D Perpetual-Discount 1.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 20.95
Evaluated at bid price : 20.95
Bid-YTW : 5.97 %
CU.PR.G Perpetual-Discount 1.33 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 19.80
Evaluated at bid price : 19.80
Bid-YTW : 5.80 %
SLF.PR.D Insurance Straight 1.41 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 20.84
Evaluated at bid price : 20.84
Bid-YTW : 5.41 %
BN.PF.G FixedReset Disc 1.55 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 21.57
Evaluated at bid price : 21.57
Bid-YTW : 6.35 %
CU.PR.E Perpetual-Discount 1.70 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 20.98
Evaluated at bid price : 20.98
Bid-YTW : 5.96 %
SLF.PR.E Insurance Straight 1.75 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 20.96
Evaluated at bid price : 20.96
Bid-YTW : 5.44 %
SLF.PR.H FixedReset Ins Non 1.78 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 20.56
Evaluated at bid price : 20.56
Bid-YTW : 5.67 %
GWO.PR.Q Insurance Straight 1.87 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 21.54
Evaluated at bid price : 21.80
Bid-YTW : 5.98 %
PWF.PR.A Floater 1.95 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 13.56
Evaluated at bid price : 13.56
Bid-YTW : 6.75 %
CCS.PR.C Insurance Straight 2.35 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 21.54
Evaluated at bid price : 21.80
Bid-YTW : 5.80 %
ENB.PF.E FixedReset Disc 2.41 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 19.53
Evaluated at bid price : 19.53
Bid-YTW : 6.83 %
MFC.PR.C Insurance Straight 2.44 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 20.56
Evaluated at bid price : 20.56
Bid-YTW : 5.56 %
IFC.PR.A FixedReset Ins Non 2.87 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 20.80
Evaluated at bid price : 20.80
Bid-YTW : 5.42 %
MFC.PR.I FixedReset Ins Non 3.99 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 23.36
Evaluated at bid price : 24.75
Bid-YTW : 5.66 %
IFC.PR.G FixedReset Ins Non 4.16 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 23.05
Evaluated at bid price : 24.30
Bid-YTW : 5.53 %
BN.PR.Z FixedReset Disc 4.79 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 22.42
Evaluated at bid price : 22.95
Bid-YTW : 6.27 %
BIP.PR.F FixedReset Disc 5.38 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 23.07
Evaluated at bid price : 24.50
Bid-YTW : 5.91 %
Volume Highlights
Issue Index Shares
Traded
Notes
ENB.PF.C FixedReset Disc 104,302 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 19.85
Evaluated at bid price : 19.85
Bid-YTW : 6.77 %
TD.PF.D FixedReset Disc 103,151 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 23.85
Evaluated at bid price : 24.54
Bid-YTW : 5.46 %
PWF.PR.K Perpetual-Discount 69,053 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 20.78
Evaluated at bid price : 20.78
Bid-YTW : 6.01 %
ENB.PR.Y FixedReset Disc 58,212 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 19.15
Evaluated at bid price : 19.15
Bid-YTW : 6.81 %
FTS.PR.M FixedReset Disc 55,765 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 21.50
Evaluated at bid price : 21.50
Bid-YTW : 6.22 %
ENB.PR.D FixedReset Disc 53,879 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 19.51
Evaluated at bid price : 19.51
Bid-YTW : 6.68 %
There were 33 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.E Insurance Straight Quote: 22.56 – 24.25
Spot Rate : 1.6900
Average : 1.0488

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 22.09
Evaluated at bid price : 22.56
Bid-YTW : 5.82 %

PWF.PR.S Perpetual-Discount Quote: 20.18 – 21.75
Spot Rate : 1.5700
Average : 0.9444

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 20.18
Evaluated at bid price : 20.18
Bid-YTW : 6.00 %

MFC.PR.N FixedReset Ins Non Quote: 21.00 – 22.45
Spot Rate : 1.4500
Average : 0.9307

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 21.00
Evaluated at bid price : 21.00
Bid-YTW : 5.95 %

IFC.PR.K Insurance Straight Quote: 22.70 – 23.50
Spot Rate : 0.8000
Average : 0.5040

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 22.30
Evaluated at bid price : 22.70
Bid-YTW : 5.84 %

PWF.PR.Z Perpetual-Discount Quote: 21.20 – 21.95
Spot Rate : 0.7500
Average : 0.4669

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 21.20
Evaluated at bid price : 21.20
Bid-YTW : 6.13 %

IFC.PR.C FixedReset Ins Non Quote: 21.40 – 22.97
Spot Rate : 1.5700
Average : 1.3331

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2055-02-04
Maturity Price : 21.40
Evaluated at bid price : 21.40
Bid-YTW : 6.02 %

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