| HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
|||||||
| Index | Mean Current Yield (at bid) |
Median YTW |
Median Average Trading Value |
Median Mod Dur (YTW) |
Issues | Day’s Perf. | Index Value |
| Ratchet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4512 % | 1,906.2 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4512 % | 3,497.8 |
| Floater | 6.27 % | 6.44 % | 39,714 | 13.22 | 4 | -0.4512 % | 2,015.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0735 % | 3,337.6 |
| SplitShare | 4.67 % | 4.81 % | 68,686 | 4.08 | 7 | 0.0735 % | 3,985.8 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0735 % | 3,109.9 |
| Perpetual-Premium | 5.61 % | -11.53 % | 53,719 | 0.09 | 9 | -0.1401 % | 2,986.7 |
| Perpetual-Discount | 5.44 % | 5.59 % | 56,561 | 14.51 | 25 | -0.0580 % | 3,132.5 |
| FixedReset Disc | 5.67 % | 5.35 % | 144,408 | 14.93 | 66 | -0.5155 % | 2,055.0 |
| Deemed-Retractible | 5.23 % | 5.91 % | 64,850 | 7.91 | 27 | -0.0616 % | 3,114.8 |
| FloatingReset | 4.55 % | 6.93 % | 62,650 | 8.03 | 3 | 0.4959 % | 2,326.9 |
| FixedReset Prem | 5.14 % | 4.25 % | 156,588 | 1.93 | 21 | 0.0093 % | 2,587.6 |
| FixedReset Bank Non | 1.98 % | 4.00 % | 83,861 | 2.40 | 3 | 0.0139 % | 2,655.5 |
| FixedReset Ins Non | 5.40 % | 7.77 % | 89,796 | 8.02 | 21 | -0.5359 % | 2,109.3 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| HSE.PR.A | FixedReset Disc | -6.01 % | Not totally unreasonable, since the issue traded 6,400 shares today in a range of 11.65-18 (with a late afternoon collapse from 12.00 at 1:51pm to 11.65 at 3:38pm on total volume of 3,300 shares) before being quoted at 11.42-82.
YTW SCENARIO |
| IFC.PR.C | FixedReset Ins Non | -3.72 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 16.80 Bid-YTW : 8.65 % |
| MFC.PR.M | FixedReset Ins Non | -3.53 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 16.40 Bid-YTW : 8.78 % |
| HSE.PR.C | FixedReset Disc | -2.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 16.56 Evaluated at bid price : 16.56 Bid-YTW : 6.67 % |
| NA.PR.G | FixedReset Disc | -2.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 5.35 % |
| BMO.PR.Y | FixedReset Disc | -2.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 18.44 Evaluated at bid price : 18.44 Bid-YTW : 5.33 % |
| BAM.PF.G | FixedReset Disc | -1.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 16.57 Evaluated at bid price : 16.57 Bid-YTW : 6.24 % |
| RY.PR.J | FixedReset Disc | -1.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 18.24 Evaluated at bid price : 18.24 Bid-YTW : 5.42 % |
| TRP.PR.E | FixedReset Disc | -1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 14.75 Evaluated at bid price : 14.75 Bid-YTW : 6.09 % |
| BAM.PR.B | Floater | -1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 10.82 Evaluated at bid price : 10.82 Bid-YTW : 6.48 % |
| TRP.PR.D | FixedReset Disc | -1.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 15.55 Evaluated at bid price : 15.55 Bid-YTW : 5.97 % |
| BMO.PR.E | FixedReset Disc | -1.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 19.95 Evaluated at bid price : 19.95 Bid-YTW : 5.18 % |
| TD.PF.C | FixedReset Disc | -1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 17.16 Evaluated at bid price : 17.16 Bid-YTW : 5.09 % |
| BAM.PR.T | FixedReset Disc | -1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 14.80 Evaluated at bid price : 14.80 Bid-YTW : 6.02 % |
| MFC.PR.B | Deemed-Retractible | -1.33 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.46 Bid-YTW : 6.67 % |
| NA.PR.S | FixedReset Disc | -1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 17.14 Evaluated at bid price : 17.14 Bid-YTW : 5.46 % |
| BAM.PF.E | FixedReset Disc | -1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 15.65 Evaluated at bid price : 15.65 Bid-YTW : 6.16 % |
| IFC.PR.A | FixedReset Ins Non | -1.30 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 14.41 Bid-YTW : 9.78 % |
| TD.PF.E | FixedReset Disc | -1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 19.09 Evaluated at bid price : 19.09 Bid-YTW : 5.35 % |
| PWF.PR.S | Perpetual-Discount | -1.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 21.52 Evaluated at bid price : 21.52 Bid-YTW : 5.62 % |
| BNS.PR.I | FixedReset Disc | -1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 19.72 Evaluated at bid price : 19.72 Bid-YTW : 5.03 % |
| IAF.PR.I | FixedReset Ins Non | -1.14 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 19.95 Bid-YTW : 7.22 % |
| TD.PF.D | FixedReset Disc | -1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 5.28 % |
| MFC.PR.Q | FixedReset Ins Non | -1.05 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 18.80 Bid-YTW : 7.82 % |
| CU.PR.E | Perpetual-Discount | 1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 22.23 Evaluated at bid price : 22.52 Bid-YTW : 5.44 % |
| TRP.PR.C | FixedReset Disc | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 11.25 Evaluated at bid price : 11.25 Bid-YTW : 6.07 % |
| PWF.PR.P | FixedReset Disc | 1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 13.10 Evaluated at bid price : 13.10 Bid-YTW : 5.33 % |
| SLF.PR.J | FloatingReset | 1.91 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 13.35 Bid-YTW : 10.58 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| TD.PF.J | FixedReset Disc | 174,248 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 20.91 Evaluated at bid price : 20.91 Bid-YTW : 4.90 % |
| MFC.PR.O | FixedReset Ins Non | 54,368 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-06-19 Maturity Price : 25.00 Evaluated at bid price : 25.95 Bid-YTW : 3.93 % |
| SLF.PR.H | FixedReset Ins Non | 34,800 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 16.03 Bid-YTW : 8.58 % |
| SLF.PR.B | Deemed-Retractible | 28,000 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 22.22 Bid-YTW : 6.38 % |
| BMO.PR.E | FixedReset Disc | 26,350 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 19.95 Evaluated at bid price : 19.95 Bid-YTW : 5.18 % |
| BNS.PR.I | FixedReset Disc | 23,873 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-08-09 Maturity Price : 19.72 Evaluated at bid price : 19.72 Bid-YTW : 5.03 % |
| There were 27 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| CGI.PR.D | SplitShare | Quote: 25.08 – 25.49 Spot Rate : 0.4100 Average : 0.2349 YTW SCENARIO |
| TRP.PR.D | FixedReset Disc | Quote: 15.55 – 15.97 Spot Rate : 0.4200 Average : 0.2772 YTW SCENARIO |
| BIP.PR.D | FixedReset Disc | Quote: 21.88 – 22.40 Spot Rate : 0.5200 Average : 0.3862 YTW SCENARIO |
| EMA.PR.C | FixedReset Disc | Quote: 18.00 – 18.42 Spot Rate : 0.4200 Average : 0.2943 YTW SCENARIO |
| MFC.PR.B | Deemed-Retractible | Quote: 21.46 – 21.94 Spot Rate : 0.4800 Average : 0.3676 YTW SCENARIO |
| TD.PF.L | FixedReset Disc | Quote: 24.35 – 24.68 Spot Rate : 0.3300 Average : 0.2261 YTW SCENARIO |