| 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 | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.8687 % | 2,392.5 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.8687 % | 4,536.6 |
| Floater | 6.02 % | 6.28 % | 57,432 | 13.43 | 3 | -0.8687 % | 2,614.4 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1824 % | 3,646.0 |
| SplitShare | 4.79 % | 4.49 % | 70,118 | 3.22 | 5 | 0.1824 % | 4,354.1 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1824 % | 3,397.2 |
| Perpetual-Premium | 5.66 % | -5.22 % | 74,801 | 0.09 | 7 | 0.3337 % | 3,102.4 |
| Perpetual-Discount | 5.52 % | 5.62 % | 50,015 | 14.46 | 28 | -0.4128 % | 3,389.7 |
| FixedReset Disc | 5.85 % | 5.91 % | 104,661 | 13.67 | 32 | 0.0512 % | 3,096.9 |
| Insurance Straight | 5.43 % | 5.52 % | 57,611 | 14.51 | 21 | 0.1590 % | 3,345.1 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0512 % | 3,684.1 |
| FixedReset Prem | 5.93 % | 4.91 % | 109,422 | 2.66 | 20 | 0.0791 % | 2,646.2 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0512 % | 3,165.7 |
| FixedReset Ins Non | 5.39 % | 5.34 % | 75,546 | 14.45 | 13 | -1.1800 % | 3,043.2 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| GWO.PR.N | FixedReset Ins Non | -10.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 15.46 Evaluated at bid price : 15.46 Bid-YTW : 6.68 % |
| BN.PF.G | FixedReset Disc | -8.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 21.73 Evaluated at bid price : 22.10 Bid-YTW : 6.49 % |
| PWF.PR.S | Perpetual-Discount | -5.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 5.93 % |
| MFC.PR.L | FixedReset Ins Non | -5.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 22.38 Evaluated at bid price : 23.00 Bid-YTW : 5.56 % |
| POW.PR.A | Perpetual-Discount | -4.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 23.63 Evaluated at bid price : 23.90 Bid-YTW : 5.94 % |
| PWF.PR.K | Perpetual-Discount | -3.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 21.38 Evaluated at bid price : 21.65 Bid-YTW : 5.77 % |
| ENB.PR.F | FixedReset Disc | -3.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 20.75 Evaluated at bid price : 20.75 Bid-YTW : 6.49 % |
| MFC.PR.F | FixedReset Ins Non | -2.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 17.52 Evaluated at bid price : 17.52 Bid-YTW : 5.93 % |
| PWF.PR.A | Floater | -2.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 13.49 Evaluated at bid price : 13.49 Bid-YTW : 5.83 % |
| ENB.PR.D | FixedReset Disc | -2.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 20.45 Evaluated at bid price : 20.45 Bid-YTW : 6.41 % |
| BN.PR.N | Perpetual-Discount | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 20.77 Evaluated at bid price : 20.77 Bid-YTW : 5.83 % |
| ENB.PR.Y | FixedReset Disc | 1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 21.14 Evaluated at bid price : 21.14 Bid-YTW : 6.20 % |
| FTS.PR.F | Perpetual-Discount | 1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 23.14 Evaluated at bid price : 23.40 Bid-YTW : 5.25 % |
| BN.PF.E | FixedReset Disc | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 22.07 Evaluated at bid price : 22.60 Bid-YTW : 5.95 % |
| ENB.PF.G | FixedReset Disc | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 21.97 Evaluated at bid price : 22.48 Bid-YTW : 6.16 % |
| ENB.PR.J | FixedReset Disc | 1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 21.99 Evaluated at bid price : 22.35 Bid-YTW : 6.17 % |
| PWF.PR.T | FixedReset Disc | 1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 23.35 Evaluated at bid price : 25.00 Bid-YTW : 5.21 % |
| PWF.PR.H | Perpetual-Premium | 1.40 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.35 Bid-YTW : -5.22 % |
| ENB.PF.C | FixedReset Disc | 1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 21.82 Evaluated at bid price : 22.21 Bid-YTW : 6.15 % |
| PWF.PR.P | FixedReset Disc | 1.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 18.65 Evaluated at bid price : 18.65 Bid-YTW : 5.91 % |
| POW.PR.B | Perpetual-Discount | 1.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 24.16 Evaluated at bid price : 24.41 Bid-YTW : 5.55 % |
| FTS.PR.G | FixedReset Disc | 1.97 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 23.37 Evaluated at bid price : 24.85 Bid-YTW : 5.10 % |
| GWO.PR.L | Insurance Straight | 2.09 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.42 Bid-YTW : -3.24 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| FFH.PR.I | FixedReset Disc | 765,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.14 Bid-YTW : 3.31 % |
| BN.PF.M | FixedReset Prem | 71,200 | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-01-01 Maturity Price : 25.00 Evaluated at bid price : 25.60 Bid-YTW : 4.91 % |
| CU.PR.K | Perpetual-Discount | 65,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 24.62 Evaluated at bid price : 25.01 Bid-YTW : 5.62 % |
| GWO.PR.N | FixedReset Ins Non | 52,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 15.46 Evaluated at bid price : 15.46 Bid-YTW : 6.68 % |
| GWO.PR.P | Insurance Straight | 44,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 24.16 Evaluated at bid price : 24.42 Bid-YTW : 5.62 % |
| IFC.PR.G | FixedReset Ins Non | 44,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-01 Maturity Price : 23.65 Evaluated at bid price : 25.59 Bid-YTW : 5.32 % |
| There were 20 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 |
| GWO.PR.N | FixedReset Ins Non | Quote: 15.46 – 18.20 Spot Rate : 2.7400 Average : 1.7553 YTW SCENARIO |
| ENB.PF.G | FixedReset Disc | Quote: 22.48 – 24.75 Spot Rate : 2.2700 Average : 1.3526 YTW SCENARIO |
| BN.PF.G | FixedReset Disc | Quote: 22.10 – 24.48 Spot Rate : 2.3800 Average : 1.6063 YTW SCENARIO |
| MFC.PR.F | FixedReset Ins Non | Quote: 17.52 – 19.25 Spot Rate : 1.7300 Average : 1.2214 YTW SCENARIO |
| GWO.PR.Z | Insurance Straight | Quote: 25.50 – 26.50 Spot Rate : 1.0000 Average : 0.6154 YTW SCENARIO |
| POW.PR.A | Perpetual-Discount | Quote: 23.90 – 25.75 Spot Rate : 1.8500 Average : 1.4815 YTW SCENARIO |