| 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 | 6.62 % | 7.07 % | 22,738 | 13.42 | 1 | 0.3077 % | 2,435.8 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0000 % | 4,602.0 |
| Floater | 6.27 % | 6.56 % | 53,814 | 13.12 | 3 | 0.0000 % | 2,652.2 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0079 % | 3,676.0 |
| SplitShare | 4.75 % | 4.42 % | 64,648 | 3.31 | 5 | 0.0079 % | 4,389.9 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0079 % | 3,425.2 |
| Perpetual-Premium | 5.49 % | -1.02 % | 75,863 | 0.09 | 7 | 0.0849 % | 3,095.2 |
| Perpetual-Discount | 5.59 % | 5.62 % | 44,648 | 14.48 | 26 | -0.1504 % | 3,373.4 |
| FixedReset Disc | 5.98 % | 5.99 % | 105,059 | 13.68 | 30 | 0.0964 % | 3,054.3 |
| Insurance Straight | 5.47 % | 5.52 % | 54,474 | 14.57 | 22 | 0.1029 % | 3,323.8 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0964 % | 3,633.4 |
| FixedReset Prem | 5.65 % | 4.85 % | 128,699 | 2.40 | 22 | 0.1367 % | 2,626.3 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0964 % | 3,122.1 |
| FixedReset Ins Non | 5.23 % | 5.40 % | 55,490 | 14.51 | 15 | -0.0928 % | 3,064.8 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PR.M | Perpetual-Discount | -2.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-16 Maturity Price : 20.17 Evaluated at bid price : 20.17 Bid-YTW : 5.95 % |
| POW.PR.G | Perpetual-Discount | -1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-16 Maturity Price : 24.19 Evaluated at bid price : 24.45 Bid-YTW : 5.75 % |
| SLF.PR.E | Insurance Straight | -1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-16 Maturity Price : 21.38 Evaluated at bid price : 21.38 Bid-YTW : 5.31 % |
| GWO.PR.H | Insurance Straight | 1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-16 Maturity Price : 21.75 Evaluated at bid price : 22.00 Bid-YTW : 5.55 % |
| MFC.PR.C | Insurance Straight | 1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-16 Maturity Price : 21.38 Evaluated at bid price : 21.65 Bid-YTW : 5.24 % |
| BN.PF.A | FixedReset Prem | 1.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-16 Maturity Price : 23.55 Evaluated at bid price : 25.50 Bid-YTW : 5.70 % |
| BN.PF.G | FixedReset Disc | 1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-16 Maturity Price : 22.54 Evaluated at bid price : 23.45 Bid-YTW : 6.00 % |
| BN.PR.N | Perpetual-Discount | 2.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-16 Maturity Price : 20.65 Evaluated at bid price : 20.65 Bid-YTW : 5.81 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| MFC.PR.K | FixedReset Ins Non | 127,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-16 Maturity Price : 23.35 Evaluated at bid price : 24.87 Bid-YTW : 5.22 % |
| RY.PR.M | FixedReset Prem | 90,097 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-11-24 Maturity Price : 25.00 Evaluated at bid price : 25.10 Bid-YTW : 3.29 % |
| BN.PF.F | FixedReset Disc | 76,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-16 Maturity Price : 22.74 Evaluated at bid price : 23.75 Bid-YTW : 5.98 % |
| GWO.PR.G | Insurance Straight | 56,411 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-16 Maturity Price : 23.20 Evaluated at bid price : 23.50 Bid-YTW : 5.57 % |
| ENB.PF.C | FixedReset Disc | 53,072 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-16 Maturity Price : 21.38 Evaluated at bid price : 21.38 Bid-YTW : 6.44 % |
| GWO.PR.I | Insurance Straight | 46,680 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-16 Maturity Price : 20.71 Evaluated at bid price : 20.71 Bid-YTW : 5.49 % |
| There were 18 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.G | FixedReset Disc | Quote: 23.45 – 24.75 Spot Rate : 1.3000 Average : 0.8714 YTW SCENARIO |
| PWF.PR.K | Perpetual-Discount | Quote: 22.01 – 23.00 Spot Rate : 0.9900 Average : 0.6698 YTW SCENARIO |
| POW.PR.D | Perpetual-Discount | Quote: 22.55 – 23.40 Spot Rate : 0.8500 Average : 0.5389 YTW SCENARIO |
| SLF.PR.E | Insurance Straight | Quote: 21.38 – 22.30 Spot Rate : 0.9200 Average : 0.6491 YTW SCENARIO |
| CU.PR.J | Perpetual-Discount | Quote: 21.66 – 22.62 Spot Rate : 0.9600 Average : 0.6967 YTW SCENARIO |
| NA.PR.I | FixedReset Prem | Quote: 26.10 – 26.97 Spot Rate : 0.8700 Average : 0.6416 YTW SCENARIO |