| 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 % | 7.33 % | 36,671 | 13.09 | 1 | 0.0000 % | 2,405.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4586 % | 4,568.1 |
| Floater | 6.65 % | 6.92 % | 37,658 | 12.58 | 3 | -0.4586 % | 2,632.6 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2866 % | 3,686.2 |
| SplitShare | 4.75 % | 4.37 % | 51,178 | 2.36 | 7 | 0.2866 % | 4,402.1 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2866 % | 3,434.7 |
| Perpetual-Premium | 5.83 % | 2.62 % | 99,552 | 0.08 | 2 | 0.0000 % | 3,055.0 |
| Perpetual-Discount | 5.60 % | 5.72 % | 44,001 | 14.30 | 30 | 0.5968 % | 3,344.7 |
| FixedReset Disc | 5.64 % | 6.24 % | 113,458 | 13.25 | 37 | 0.1797 % | 3,010.6 |
| Insurance Straight | 5.47 % | 5.60 % | 57,406 | 14.42 | 18 | 1.0423 % | 3,301.0 |
| FloatingReset | 5.26 % | 5.32 % | 34,868 | 14.88 | 1 | -0.2407 % | 3,750.6 |
| FixedReset Prem | 5.88 % | 5.00 % | 121,116 | 2.48 | 17 | 0.0707 % | 2,629.7 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1797 % | 3,077.4 |
| FixedReset Ins Non | 5.21 % | 5.64 % | 67,372 | 14.13 | 15 | 0.3983 % | 3,073.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| PWF.PR.A | Floater | -1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 13.60 Evaluated at bid price : 13.60 Bid-YTW : 6.42 % |
| ENB.PR.A | Perpetual-Discount | -1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 23.69 Evaluated at bid price : 24.00 Bid-YTW : 5.74 % |
| ENB.PR.P | FixedReset Disc | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 21.39 Evaluated at bid price : 21.72 Bid-YTW : 6.47 % |
| SLF.PR.E | Insurance Straight | 1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 21.54 Evaluated at bid price : 21.80 Bid-YTW : 5.22 % |
| PWF.PR.E | Perpetual-Discount | 1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 23.88 Evaluated at bid price : 24.13 Bid-YTW : 5.74 % |
| GWO.PR.N | FixedReset Ins Non | 1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 18.25 Evaluated at bid price : 18.25 Bid-YTW : 5.88 % |
| PVS.PR.H | SplitShare | 1.48 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-02-28 Maturity Price : 25.00 Evaluated at bid price : 25.37 Bid-YTW : 3.65 % |
| MFC.PR.J | FixedReset Ins Non | 1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 23.58 Evaluated at bid price : 25.38 Bid-YTW : 5.64 % |
| GWO.PR.I | Insurance Straight | 1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 20.83 Evaluated at bid price : 20.83 Bid-YTW : 5.49 % |
| SLF.PR.H | FixedReset Ins Non | 1.75 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 21.52 Evaluated at bid price : 21.52 Bid-YTW : 5.90 % |
| GWO.PR.Q | Insurance Straight | 1.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 22.71 Evaluated at bid price : 23.00 Bid-YTW : 5.67 % |
| GWO.PR.R | Insurance Straight | 1.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 21.44 Evaluated at bid price : 21.70 Bid-YTW : 5.60 % |
| ENB.PR.N | FixedReset Disc | 2.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 22.90 Evaluated at bid price : 23.92 Bid-YTW : 6.13 % |
| CU.PR.G | Perpetual-Discount | 3.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 5.43 % |
| PWF.PR.S | Perpetual-Discount | 3.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 21.47 Evaluated at bid price : 21.47 Bid-YTW : 5.65 % |
| BIP.PR.F | FixedReset Disc | 3.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 23.36 Evaluated at bid price : 25.10 Bid-YTW : 6.04 % |
| GWO.PR.G | Insurance Straight | 3.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 23.03 Evaluated at bid price : 23.30 Bid-YTW : 5.65 % |
| GWO.PR.P | Insurance Straight | 5.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 24.05 Evaluated at bid price : 24.30 Bid-YTW : 5.63 % |
| CU.PR.D | Perpetual-Discount | 9.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 21.74 Evaluated at bid price : 21.99 Bid-YTW : 5.58 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| PWF.PR.P | FixedReset Disc | 232,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 18.36 Evaluated at bid price : 18.36 Bid-YTW : 6.22 % |
| CU.PR.I | FixedReset Prem | 153,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-01 Maturity Price : 25.00 Evaluated at bid price : 25.05 Bid-YTW : 3.22 % |
| PWF.PR.K | Perpetual-Discount | 95,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 21.82 Evaluated at bid price : 22.06 Bid-YTW : 5.65 % |
| PWF.PR.Z | Perpetual-Discount | 90,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 22.27 Evaluated at bid price : 22.65 Bid-YTW : 5.72 % |
| CM.PR.S | FixedReset Prem | 80,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-01-31 Maturity Price : 25.00 Evaluated at bid price : 25.76 Bid-YTW : 4.71 % |
| FTS.PR.M | FixedReset Disc | 75,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-08-18 Maturity Price : 22.60 Evaluated at bid price : 23.51 Bid-YTW : 5.92 % |
| There were 37 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.PF.E | FixedReset Disc | Quote: 21.60 – 25.00 Spot Rate : 3.4000 Average : 2.0645 YTW SCENARIO |
| ENB.PR.H | FixedReset Disc | Quote: 19.56 – 22.05 Spot Rate : 2.4900 Average : 2.0299 YTW SCENARIO |
| BN.PR.B | Floater | Quote: 12.75 – 13.75 Spot Rate : 1.0000 Average : 0.5411 YTW SCENARIO |
| GWO.PR.H | Insurance Straight | Quote: 20.10 – 22.95 Spot Rate : 2.8500 Average : 2.3931 YTW SCENARIO |
| CU.PR.F | Perpetual-Discount | Quote: 20.59 – 21.75 Spot Rate : 1.1600 Average : 0.9066 YTW SCENARIO |
| PWF.PF.A | Perpetual-Discount | Quote: 20.20 – 20.88 Spot Rate : 0.6800 Average : 0.4412 YTW SCENARIO |