| 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 | 1 | 0.3318 % | 2,361.1 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3318 % | 4,596.2 |
| Floater | 6.61 % | 6.88 % | 43,454 | 12.67 | 3 | 0.3318 % | 2,648.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2301 % | 3,688.3 |
| SplitShare | 4.75 % | 3.97 % | 51,381 | 0.55 | 7 | 0.2301 % | 4,404.6 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2301 % | 3,436.6 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 2 | 0.3041 % | 3,053.2 |
| Perpetual-Discount | 5.62 % | 5.75 % | 44,679 | 14.22 | 30 | 0.3041 % | 3,329.4 |
| FixedReset Disc | 5.62 % | 6.26 % | 118,162 | 13.17 | 37 | -0.0691 % | 3,021.8 |
| Insurance Straight | 5.61 % | 5.72 % | 59,628 | 14.29 | 18 | -1.0935 % | 3,218.6 |
| FloatingReset | 5.29 % | 5.35 % | 37,622 | 14.86 | 1 | 0.3249 % | 3,725.0 |
| FixedReset Prem | 5.87 % | 4.84 % | 112,319 | 2.56 | 17 | 0.2669 % | 2,635.8 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0691 % | 3,088.9 |
| FixedReset Ins Non | 5.21 % | 5.60 % | 68,076 | 14.29 | 15 | 0.5585 % | 3,077.1 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| GWO.PR.H | Insurance Straight | -8.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 20.10 Evaluated at bid price : 20.10 Bid-YTW : 6.12 % |
| BIP.PR.F | FixedReset Disc | -7.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 22.33 Evaluated at bid price : 22.90 Bid-YTW : 6.62 % |
| ENB.PR.H | FixedReset Disc | -6.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 6.43 % |
| MFC.PR.B | Insurance Straight | -4.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 20.65 Evaluated at bid price : 20.65 Bid-YTW : 5.72 % |
| SLF.PR.E | Insurance Straight | -3.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 20.75 Evaluated at bid price : 20.75 Bid-YTW : 5.49 % |
| GWO.PR.G | Insurance Straight | -2.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 22.07 Evaluated at bid price : 22.30 Bid-YTW : 5.90 % |
| GWO.PR.P | Insurance Straight | -2.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 23.16 Evaluated at bid price : 23.42 Bid-YTW : 5.83 % |
| CU.PR.H | Perpetual-Discount | -1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 23.17 Evaluated at bid price : 23.43 Bid-YTW : 5.70 % |
| IFC.PR.C | FixedReset Ins Non | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 23.50 Evaluated at bid price : 24.00 Bid-YTW : 5.70 % |
| ENB.PF.K | FixedReset Disc | 1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 23.25 Evaluated at bid price : 24.46 Bid-YTW : 6.34 % |
| BN.PF.B | FixedReset Disc | 1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 22.62 Evaluated at bid price : 23.45 Bid-YTW : 6.13 % |
| GWO.PR.Y | Insurance Straight | 1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 20.20 Evaluated at bid price : 20.20 Bid-YTW : 5.65 % |
| CU.PR.E | Perpetual-Discount | 1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 21.76 Evaluated at bid price : 22.01 Bid-YTW : 5.66 % |
| BIP.PR.B | FixedReset Prem | 1.28 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.41 Bid-YTW : 2.72 % |
| FTS.PR.J | Perpetual-Discount | 1.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 22.19 Evaluated at bid price : 22.47 Bid-YTW : 5.37 % |
| RY.PR.S | FixedReset Prem | 1.46 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-02-24 Maturity Price : 25.00 Evaluated at bid price : 26.45 Bid-YTW : 4.05 % |
| MFC.PR.M | FixedReset Ins Non | 1.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 22.82 Evaluated at bid price : 23.99 Bid-YTW : 5.62 % |
| RY.PR.N | Perpetual-Discount | 1.71 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-09-04 Maturity Price : 25.00 Evaluated at bid price : 25.00 Bid-YTW : 1.80 % |
| PWF.PR.T | FixedReset Disc | 1.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 22.98 Evaluated at bid price : 24.15 Bid-YTW : 5.54 % |
| CIU.PR.A | Perpetual-Discount | 1.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 20.25 Evaluated at bid price : 20.25 Bid-YTW : 5.79 % |
| MFC.PR.L | FixedReset Ins Non | 1.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 22.96 Evaluated at bid price : 24.20 Bid-YTW : 5.45 % |
| BN.PR.M | Perpetual-Discount | 2.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 20.81 Evaluated at bid price : 20.81 Bid-YTW : 5.79 % |
| BN.PF.D | Perpetual-Discount | 2.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 21.29 Evaluated at bid price : 21.29 Bid-YTW : 5.84 % |
| SLF.PR.G | FixedReset Ins Non | 3.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 18.57 Evaluated at bid price : 18.57 Bid-YTW : 5.89 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BMO.PR.Y | FixedReset Disc | 75,900 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-09-24 Maturity Price : 25.00 Evaluated at bid price : 24.96 Bid-YTW : 4.60 % |
| FFH.PR.K | FixedReset Prem | 37,500 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.20 Bid-YTW : 4.88 % |
| IFC.PR.C | FixedReset Ins Non | 28,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 23.50 Evaluated at bid price : 24.00 Bid-YTW : 5.70 % |
| BN.PF.K | 22,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 22.00 Evaluated at bid price : 15.80 Bid-YTW : 7.47 % |
|
| BN.PF.H | FixedReset Prem | 18,900 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.18 Bid-YTW : 4.40 % |
| PWF.PR.A | Floater | 18,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-05 Maturity Price : 13.75 Evaluated at bid price : 13.75 Bid-YTW : 6.34 % |
| There were 9 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 |
| BIP.PR.F | FixedReset Disc | Quote: 22.90 – 25.24 Spot Rate : 2.3400 Average : 1.3315 YTW SCENARIO |
| GWO.PR.H | Insurance Straight | Quote: 20.10 – 22.38 Spot Rate : 2.2800 Average : 1.3566 YTW SCENARIO |
| ENB.PR.H | FixedReset Disc | Quote: 21.00 – 22.76 Spot Rate : 1.7600 Average : 1.0682 YTW SCENARIO |
| GWO.PR.G | Insurance Straight | Quote: 22.30 – 23.90 Spot Rate : 1.6000 Average : 0.9589 YTW SCENARIO |
| MFC.PR.B | Insurance Straight | Quote: 20.65 – 22.50 Spot Rate : 1.8500 Average : 1.3012 YTW SCENARIO |
| POW.PR.B | Perpetual-Discount | Quote: 23.50 – 24.49 Spot Rate : 0.9900 Average : 0.5756 YTW SCENARIO |