| 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 | 6.64 % | 7.09 % | 33,918 | 13.34 | 1 | 0.0000 % | 2,465.7 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.6051 % | 4,609.0 |
| Floater | 6.26 % | 6.53 % | 65,729 | 13.20 | 3 | -0.6051 % | 2,656.2 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1060 % | 3,640.1 |
| SplitShare | 4.81 % | 4.54 % | 62,363 | 3.37 | 6 | 0.1060 % | 4,347.1 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1060 % | 3,391.8 |
| Perpetual-Premium | 5.55 % | 5.70 % | 81,906 | 7.03 | 4 | -0.0298 % | 3,082.8 |
| Perpetual-Discount | 5.62 % | 5.72 % | 45,523 | 14.23 | 28 | -0.3933 % | 3,345.5 |
| FixedReset Disc | 5.95 % | 6.05 % | 121,415 | 13.62 | 32 | -0.6120 % | 3,010.1 |
| Insurance Straight | 5.57 % | 5.59 % | 56,052 | 14.51 | 18 | -0.2713 % | 3,249.0 |
| FloatingReset | 5.01 % | 5.02 % | 49,533 | 15.48 | 1 | -0.0400 % | 3,765.7 |
| FixedReset Prem | 5.67 % | 4.98 % | 118,572 | 2.38 | 21 | 0.5002 % | 2,626.2 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.6120 % | 3,077.0 |
| FixedReset Ins Non | 5.29 % | 5.48 % | 60,451 | 14.49 | 15 | -0.1085 % | 3,030.7 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| POW.PR.D | Perpetual-Discount | -6.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 21.05 Evaluated at bid price : 21.05 Bid-YTW : 6.07 % |
| BN.PR.T | FixedReset Disc | -5.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 18.80 Evaluated at bid price : 18.80 Bid-YTW : 6.57 % |
| PWF.PR.S | Perpetual-Discount | -5.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 5.96 % |
| ENB.PR.B | FixedReset Disc | -4.75 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 19.25 Evaluated at bid price : 19.25 Bid-YTW : 6.76 % |
| IFC.PR.G | FixedReset Ins Non | -3.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 22.76 Evaluated at bid price : 23.50 Bid-YTW : 5.75 % |
| CU.PR.H | Perpetual-Discount | -3.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 22.63 Evaluated at bid price : 22.88 Bid-YTW : 5.79 % |
| PWF.PR.P | FixedReset Disc | -3.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 17.36 Evaluated at bid price : 17.36 Bid-YTW : 6.23 % |
| GWO.PR.S | Insurance Straight | -3.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 22.33 Evaluated at bid price : 22.60 Bid-YTW : 5.83 % |
| ENB.PR.H | FixedReset Disc | -2.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 6.03 % |
| ENB.PR.T | FixedReset Disc | -2.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 21.70 Evaluated at bid price : 22.00 Bid-YTW : 6.31 % |
| FTS.PR.K | FixedReset Disc | -1.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 21.97 Evaluated at bid price : 22.35 Bid-YTW : 5.55 % |
| SLF.PR.E | Insurance Straight | -1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.39 % |
| PWF.PR.A | Floater | -1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 14.07 Evaluated at bid price : 14.07 Bid-YTW : 5.93 % |
| BN.PR.R | FixedReset Disc | -1.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 19.78 Evaluated at bid price : 19.78 Bid-YTW : 6.28 % |
| GWO.PR.Y | Insurance Straight | -1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 20.20 Evaluated at bid price : 20.20 Bid-YTW : 5.60 % |
| MFC.PR.M | FixedReset Ins Non | -1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 22.69 Evaluated at bid price : 23.70 Bid-YTW : 5.48 % |
| GWO.PR.Q | Insurance Straight | -1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 22.39 Evaluated at bid price : 22.65 Bid-YTW : 5.70 % |
| PWF.PR.K | Perpetual-Discount | -1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 21.49 Evaluated at bid price : 21.75 Bid-YTW : 5.77 % |
| FTS.PR.J | Perpetual-Discount | 1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 22.01 Evaluated at bid price : 22.25 Bid-YTW : 5.38 % |
| NA.PR.C | FixedReset Prem | 1.14 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 26.55 Bid-YTW : 4.37 % |
| GWO.PR.G | Insurance Straight | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 23.25 Evaluated at bid price : 23.55 Bid-YTW : 5.53 % |
| BIP.PR.F | FixedReset Prem | 1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 23.34 Evaluated at bid price : 25.00 Bid-YTW : 5.76 % |
| PWF.PF.A | Perpetual-Discount | 1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 20.18 Evaluated at bid price : 20.18 Bid-YTW : 5.67 % |
| GWO.PR.R | Insurance Straight | 2.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 21.43 Evaluated at bid price : 21.43 Bid-YTW : 5.63 % |
| CU.PR.J | Perpetual-Discount | 3.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 21.36 Evaluated at bid price : 21.64 Bid-YTW : 5.53 % |
| GWO.PR.N | FixedReset Ins Non | 6.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 17.00 Evaluated at bid price : 17.00 Bid-YTW : 5.90 % |
| BIP.PR.E | FixedReset Prem | 7.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 23.36 Evaluated at bid price : 24.71 Bid-YTW : 5.92 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BN.PF.I | FixedReset Prem | 208,700 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.10 Bid-YTW : 5.08 % |
| FFH.PR.I | FixedReset Disc | 162,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-09-23 Maturity Price : 24.01 Evaluated at bid price : 24.80 Bid-YTW : 5.58 % |
| FFH.PR.G | FixedReset Prem | 154,857 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-10-30 Maturity Price : 25.00 Evaluated at bid price : 24.98 Bid-YTW : 5.14 % |
| POW.PR.H | Perpetual-Premium | 148,700 | YTW SCENARIO Maturity Type : Call Maturity Date : 2034-10-15 Maturity Price : 25.00 Evaluated at bid price : 25.16 Bid-YTW : 5.70 % |
| TD.PF.E | FixedReset Prem | 53,600 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-10-31 Maturity Price : 25.00 Evaluated at bid price : 25.13 Bid-YTW : 2.79 % |
| RY.PR.S | FixedReset Prem | 28,500 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-02-24 Maturity Price : 25.00 Evaluated at bid price : 26.18 Bid-YTW : 4.56 % |
| There were 8 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 |
| POW.PR.D | Perpetual-Discount | Quote: 21.05 – 22.89 Spot Rate : 1.8400 Average : 1.2535 YTW SCENARIO |
| PWF.PR.S | Perpetual-Discount | Quote: 20.50 – 21.85 Spot Rate : 1.3500 Average : 0.8246 YTW SCENARIO |
| ENB.PR.B | FixedReset Disc | Quote: 19.25 – 20.40 Spot Rate : 1.1500 Average : 0.6829 YTW SCENARIO |
| GWO.PR.Q | Insurance Straight | Quote: 22.65 – 24.20 Spot Rate : 1.5500 Average : 1.1433 YTW SCENARIO |
| ENB.PR.H | FixedReset Disc | Quote: 21.40 – 22.25 Spot Rate : 0.8500 Average : 0.4923 YTW SCENARIO |
| IFC.PR.G | FixedReset Ins Non | Quote: 23.50 – 24.55 Spot Rate : 1.0500 Average : 0.7082 YTW SCENARIO |