| 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 | 6.57 % | 7.02 % | 21,851 | 13.47 | 1 | 0.6135 % | 2,450.8 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1524 % | 4,595.0 |
| Floater | 6.28 % | 6.58 % | 54,385 | 13.09 | 3 | -0.1524 % | 2,648.1 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0157 % | 3,675.4 |
| SplitShare | 4.75 % | 4.42 % | 64,208 | 3.31 | 5 | -0.0157 % | 4,389.2 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0157 % | 3,424.6 |
| Perpetual-Premium | 5.49 % | -0.83 % | 77,532 | 0.09 | 7 | 0.0057 % | 3,095.4 |
| Perpetual-Discount | 5.59 % | 5.63 % | 45,611 | 14.47 | 26 | 0.0222 % | 3,374.1 |
| FixedReset Disc | 5.98 % | 5.99 % | 110,049 | 13.71 | 30 | -0.0557 % | 3,052.6 |
| Insurance Straight | 5.48 % | 5.50 % | 57,143 | 14.57 | 22 | -0.0514 % | 3,322.0 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0557 % | 3,631.4 |
| FixedReset Prem | 5.65 % | 4.88 % | 130,745 | 2.78 | 22 | -0.0585 % | 2,624.7 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0557 % | 3,120.3 |
| FixedReset Ins Non | 5.31 % | 5.40 % | 57,962 | 14.44 | 15 | -1.5015 % | 3,018.7 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| IFC.PR.A | FixedReset Ins Non | -22.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-17 Maturity Price : 16.75 Evaluated at bid price : 16.75 Bid-YTW : 6.84 % |
| GWO.PR.R | Insurance Straight | -3.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-17 Maturity Price : 21.19 Evaluated at bid price : 21.19 Bid-YTW : 5.72 % |
| POW.PR.B | Perpetual-Discount | -1.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-17 Maturity Price : 23.15 Evaluated at bid price : 23.45 Bid-YTW : 5.73 % |
| NA.PR.E | FixedReset Prem | -1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-17 Maturity Price : 23.48 Evaluated at bid price : 25.08 Bid-YTW : 5.31 % |
| MFC.PR.C | Insurance Straight | -1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-17 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 5.32 % |
| FTS.PR.H | FixedReset Disc | -1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-17 Maturity Price : 18.50 Evaluated at bid price : 18.50 Bid-YTW : 5.76 % |
| IFC.PR.I | Insurance Straight | 1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-17 Maturity Price : 24.41 Evaluated at bid price : 24.75 Bid-YTW : 5.49 % |
| POW.PR.G | Perpetual-Discount | 1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-17 Maturity Price : 24.56 Evaluated at bid price : 24.81 Bid-YTW : 5.67 % |
| SLF.PR.E | Insurance Straight | 1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-17 Maturity Price : 21.47 Evaluated at bid price : 21.73 Bid-YTW : 5.21 % |
| BN.PR.X | FixedReset Disc | 1.92 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-17 Maturity Price : 20.15 Evaluated at bid price : 20.15 Bid-YTW : 5.71 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| GWO.PR.Z | Insurance Straight | 279,930 | YTW SCENARIO Maturity Type : Call Maturity Date : 2034-09-30 Maturity Price : 25.00 Evaluated at bid price : 25.51 Bid-YTW : 5.50 % |
| POW.PR.H | Perpetual-Premium | 271,684 | YTW SCENARIO Maturity Type : Call Maturity Date : 2034-10-15 Maturity Price : 25.00 Evaluated at bid price : 25.51 Bid-YTW : 5.56 % |
| GWO.PR.T | Insurance Straight | 260,042 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-17 Maturity Price : 23.33 Evaluated at bid price : 23.60 Bid-YTW : 5.49 % |
| BN.PF.C | Perpetual-Discount | 253,671 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-17 Maturity Price : 20.75 Evaluated at bid price : 20.75 Bid-YTW : 5.91 % |
| IFC.PR.F | Insurance Straight | 200,735 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-17 Maturity Price : 23.36 Evaluated at bid price : 23.65 Bid-YTW : 5.64 % |
| SLF.PR.G | FixedReset Ins Non | 102,460 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-10-17 Maturity Price : 18.65 Evaluated at bid price : 18.65 Bid-YTW : 5.66 % |
| 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 |
| IFC.PR.A | FixedReset Ins Non | Quote: 16.75 – 21.95 Spot Rate : 5.2000 Average : 3.2012 YTW SCENARIO |
| IFC.PR.C | FixedReset Ins Non | Quote: 23.96 – 25.00 Spot Rate : 1.0400 Average : 0.6300 YTW SCENARIO |
| PVS.PR.M | SplitShare | Quote: 25.78 – 26.78 Spot Rate : 1.0000 Average : 0.5956 YTW SCENARIO |
| CU.PR.H | Perpetual-Discount | Quote: 23.80 – 25.00 Spot Rate : 1.2000 Average : 0.8209 YTW SCENARIO |
| GWO.PR.R | Insurance Straight | Quote: 21.19 – 22.19 Spot Rate : 1.0000 Average : 0.7027 YTW SCENARIO |
| BN.PR.N | Perpetual-Discount | Quote: 20.45 – 21.60 Spot Rate : 1.1500 Average : 0.8952 YTW SCENARIO |