| 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 | 6.86 % | 7.32 % | 38,138 | 13.09 | 1 | 0.2491 % | 2,405.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0509 % | 4,589.2 |
| Floater | 6.62 % | 6.91 % | 37,587 | 12.60 | 3 | -0.0509 % | 2,644.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0394 % | 3,675.7 |
| SplitShare | 4.76 % | 4.50 % | 51,830 | 2.37 | 7 | 0.0394 % | 4,389.5 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0394 % | 3,424.9 |
| Perpetual-Premium | 5.83 % | 2.03 % | 100,735 | 0.08 | 2 | -0.2983 % | 3,055.0 |
| Perpetual-Discount | 5.63 % | 5.72 % | 43,622 | 14.28 | 30 | -0.0104 % | 3,324.8 |
| FixedReset Disc | 5.65 % | 6.19 % | 114,803 | 13.32 | 37 | -0.3962 % | 3,005.2 |
| Insurance Straight | 5.53 % | 5.60 % | 54,416 | 14.40 | 18 | -0.4083 % | 3,267.0 |
| FloatingReset | 5.24 % | 5.31 % | 36,285 | 14.91 | 1 | 0.7273 % | 3,759.7 |
| FixedReset Prem | 5.89 % | 5.11 % | 117,700 | 2.49 | 17 | 0.0000 % | 2,627.8 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.3962 % | 3,071.9 |
| FixedReset Ins Non | 5.23 % | 5.63 % | 66,761 | 14.21 | 15 | -0.3534 % | 3,061.7 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| ENB.PR.H | FixedReset Disc | -10.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 19.48 Evaluated at bid price : 19.48 Bid-YTW : 6.79 % |
| GWO.PR.H | Insurance Straight | -6.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 20.10 Evaluated at bid price : 20.10 Bid-YTW : 6.13 % |
| PWF.PR.S | Perpetual-Discount | -3.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 20.75 Evaluated at bid price : 20.75 Bid-YTW : 5.84 % |
| MFC.PR.N | FixedReset Ins Non | -3.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 22.36 Evaluated at bid price : 23.10 Bid-YTW : 5.69 % |
| CU.PR.G | Perpetual-Discount | -3.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 20.13 Evaluated at bid price : 20.13 Bid-YTW : 5.61 % |
| GWO.PR.Q | Insurance Straight | -1.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 22.33 Evaluated at bid price : 22.60 Bid-YTW : 5.77 % |
| MFC.PR.J | FixedReset Ins Non | -1.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 23.45 Evaluated at bid price : 25.00 Bid-YTW : 5.66 % |
| ENB.PR.P | FixedReset Disc | -1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 21.45 Evaluated at bid price : 21.45 Bid-YTW : 6.48 % |
| ENB.PR.A | Perpetual-Discount | 1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 24.00 Evaluated at bid price : 24.25 Bid-YTW : 5.68 % |
| PWF.PR.L | Perpetual-Discount | 1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 22.00 Evaluated at bid price : 22.23 Bid-YTW : 5.78 % |
| IFC.PR.E | Insurance Straight | 1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 23.71 Evaluated at bid price : 24.00 Bid-YTW : 5.48 % |
| BN.PR.R | FixedReset Disc | 1.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 19.55 Evaluated at bid price : 19.55 Bid-YTW : 6.60 % |
| BN.PR.Z | FixedReset Disc | 1.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 23.13 Evaluated at bid price : 24.10 Bid-YTW : 6.19 % |
| SLF.PR.D | Insurance Straight | 1.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 21.29 Evaluated at bid price : 21.56 Bid-YTW : 5.22 % |
| ENB.PR.N | FixedReset Disc | 2.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 22.61 Evaluated at bid price : 23.36 Bid-YTW : 6.21 % |
| CIU.PR.A | Perpetual-Discount | 3.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 20.36 Evaluated at bid price : 20.36 Bid-YTW : 5.67 % |
| BN.PF.E | FixedReset Disc | 7.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 6.37 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BN.PR.R | FixedReset Disc | 187,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 19.55 Evaluated at bid price : 19.55 Bid-YTW : 6.60 % |
| BN.PR.T | FixedReset Disc | 133,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 20.05 Evaluated at bid price : 20.05 Bid-YTW : 6.42 % |
| BN.PF.H | FixedReset Prem | 131,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.19 Bid-YTW : 4.62 % |
| TD.PF.E | FixedReset Disc | 100,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-10-31 Maturity Price : 25.00 Evaluated at bid price : 25.00 Bid-YTW : 3.87 % |
| BN.PR.X | FixedReset Disc | 83,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-15 Maturity Price : 19.54 Evaluated at bid price : 19.54 Bid-YTW : 6.12 % |
| TD.PF.I | FixedReset Prem | 42,050 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-10-31 Maturity Price : 25.00 Evaluated at bid price : 26.02 Bid-YTW : 4.50 % |
| There were 4 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 |
| ENB.PR.H | FixedReset Disc | Quote: 19.48 – 22.10 Spot Rate : 2.6200 Average : 1.5254 YTW SCENARIO |
| CU.PR.G | Perpetual-Discount | Quote: 20.13 – 22.30 Spot Rate : 2.1700 Average : 1.1989 YTW SCENARIO |
| CU.PR.D | Perpetual-Discount | Quote: 20.00 – 23.20 Spot Rate : 3.2000 Average : 2.4271 YTW SCENARIO |
| GWO.PR.Q | Insurance Straight | Quote: 22.60 – 24.47 Spot Rate : 1.8700 Average : 1.3982 YTW SCENARIO |
| GWO.PR.H | Insurance Straight | Quote: 20.10 – 22.43 Spot Rate : 2.3300 Average : 1.8922 YTW SCENARIO |
| CU.PR.E | Perpetual-Discount | Quote: 22.02 – 23.20 Spot Rate : 1.1800 Average : 0.8013 YTW SCENARIO |