| 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 | 6.65 % | 7.09 % | 33,928 | 13.33 | 1 | 0.0000 % | 2,465.7 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0505 % | 4,637.1 |
| Floater | 6.22 % | 6.52 % | 67,998 | 13.22 | 3 | 0.0505 % | 2,672.4 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0199 % | 3,636.3 |
| SplitShare | 4.82 % | 4.61 % | 63,375 | 3.38 | 6 | 0.0199 % | 4,342.5 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0199 % | 3,388.2 |
| Perpetual-Premium | 5.54 % | 3.91 % | 85,166 | 0.08 | 4 | 0.2381 % | 3,083.7 |
| Perpetual-Discount | 5.60 % | 5.71 % | 46,365 | 14.26 | 28 | 0.7577 % | 3,358.7 |
| FixedReset Disc | 5.92 % | 6.02 % | 120,307 | 13.67 | 32 | 0.1595 % | 3,028.7 |
| Insurance Straight | 5.55 % | 5.59 % | 55,264 | 14.51 | 18 | 0.2220 % | 3,257.8 |
| FloatingReset | 5.00 % | 4.90 % | 46,812 | 0.10 | 1 | 0.0000 % | 3,767.2 |
| FixedReset Prem | 5.70 % | 5.02 % | 119,149 | 2.39 | 21 | -0.1640 % | 2,613.1 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1595 % | 3,095.9 |
| FixedReset Ins Non | 5.28 % | 5.41 % | 61,277 | 14.52 | 15 | -0.2663 % | 3,034.0 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BIP.PR.E | FixedReset Prem | -8.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 22.44 Evaluated at bid price : 22.90 Bid-YTW : 6.45 % |
| GWO.PR.N | FixedReset Ins Non | -8.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 16.00 Evaluated at bid price : 16.00 Bid-YTW : 6.27 % |
| GWO.PR.R | Insurance Straight | -2.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.75 % |
| PWF.PF.A | Perpetual-Discount | -1.92 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 19.91 Evaluated at bid price : 19.91 Bid-YTW : 5.75 % |
| NA.PR.C | FixedReset Prem | -1.69 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 26.25 Bid-YTW : 4.95 % |
| ENB.PR.D | FixedReset Disc | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 20.71 Evaluated at bid price : 20.71 Bid-YTW : 6.30 % |
| MFC.PR.M | FixedReset Ins Non | 1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 22.82 Evaluated at bid price : 23.97 Bid-YTW : 5.40 % |
| GWO.PR.Q | Insurance Straight | 1.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 22.66 Evaluated at bid price : 22.90 Bid-YTW : 5.64 % |
| PWF.PR.E | Perpetual-Discount | 1.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 24.21 Evaluated at bid price : 24.50 Bid-YTW : 5.69 % |
| PWF.PR.K | Perpetual-Discount | 1.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 21.72 Evaluated at bid price : 21.97 Bid-YTW : 5.71 % |
| SLF.PR.E | Insurance Straight | 2.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 21.35 Evaluated at bid price : 21.35 Bid-YTW : 5.30 % |
| CU.PR.F | Perpetual-Discount | 2.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 20.49 Evaluated at bid price : 20.49 Bid-YTW : 5.55 % |
| GWO.PR.S | Insurance Straight | 3.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 23.03 Evaluated at bid price : 23.30 Bid-YTW : 5.65 % |
| BN.PR.N | Perpetual-Discount | 3.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 20.62 Evaluated at bid price : 20.62 Bid-YTW : 5.79 % |
| CU.PR.H | Perpetual-Discount | 3.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 23.41 Evaluated at bid price : 23.70 Bid-YTW : 5.58 % |
| PWF.PR.O | Perpetual-Discount | 4.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 24.91 Evaluated at bid price : 25.14 Bid-YTW : 5.86 % |
| BN.PR.T | FixedReset Disc | 5.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 19.87 Evaluated at bid price : 19.87 Bid-YTW : 6.22 % |
| BN.PR.M | Perpetual-Discount | 5.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 20.61 Evaluated at bid price : 20.61 Bid-YTW : 5.79 % |
| BIP.PR.F | FixedReset Prem | 7.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 23.22 Evaluated at bid price : 24.67 Bid-YTW : 5.85 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| POW.PR.H | Perpetual-Premium | 832,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2034-10-15 Maturity Price : 25.00 Evaluated at bid price : 25.10 Bid-YTW : 5.74 % |
| BN.PF.I | FixedReset Prem | 76,500 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.05 Bid-YTW : 5.21 % |
| TD.PF.A | FixedReset Disc | 52,300 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-10-31 Maturity Price : 25.00 Evaluated at bid price : 25.06 Bid-YTW : 4.85 % |
| MFC.PR.J | FixedReset Ins Non | 41,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 23.56 Evaluated at bid price : 25.25 Bid-YTW : 5.36 % |
| POW.PR.G | Perpetual-Discount | 39,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-22 Maturity Price : 24.29 Evaluated at bid price : 24.60 Bid-YTW : 5.79 % |
| PVS.PR.L | SplitShare | 34,800 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.81 Bid-YTW : 4.82 % |
| There were 6 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.E | FixedReset Prem | Quote: 22.90 – 25.00 Spot Rate : 2.1000 Average : 1.1702 YTW SCENARIO |
| PWF.PF.A | Perpetual-Discount | Quote: 19.91 – 21.50 Spot Rate : 1.5900 Average : 0.9304 YTW SCENARIO |
| GWO.PR.G | Insurance Straight | Quote: 23.26 – 24.90 Spot Rate : 1.6400 Average : 1.0222 YTW SCENARIO |
| GWO.PR.N | FixedReset Ins Non | Quote: 16.00 – 17.60 Spot Rate : 1.6000 Average : 1.1535 YTW SCENARIO |
| BN.PR.N | Perpetual-Discount | Quote: 20.62 – 21.70 Spot Rate : 1.0800 Average : 0.8090 YTW SCENARIO |
| PWF.PR.K | Perpetual-Discount | Quote: 21.97 – 23.21 Spot Rate : 1.2400 Average : 0.9927 YTW SCENARIO |