| 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 | -0.1279 % | 2,407.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1279 % | 4,565.8 |
| Floater | 5.98 % | 6.27 % | 62,332 | 13.44 | 3 | -0.1279 % | 2,631.3 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1105 % | 3,658.9 |
| SplitShare | 4.77 % | 4.24 % | 70,915 | 1.20 | 5 | 0.1105 % | 4,369.6 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1105 % | 3,409.3 |
| Perpetual-Premium | 5.63 % | -7.64 % | 72,615 | 0.09 | 7 | 0.5471 % | 3,117.6 |
| Perpetual-Discount | 5.48 % | 5.59 % | 50,020 | 14.47 | 28 | 0.3208 % | 3,416.0 |
| FixedReset Disc | 5.85 % | 5.92 % | 102,162 | 13.74 | 31 | -0.0994 % | 3,120.2 |
| Insurance Straight | 5.49 % | 5.50 % | 61,552 | 14.69 | 21 | -0.3196 % | 3,311.8 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0994 % | 3,711.8 |
| FixedReset Prem | 5.91 % | 4.67 % | 107,611 | 2.27 | 20 | 0.2272 % | 2,656.3 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0994 % | 3,189.4 |
| FixedReset Ins Non | 5.34 % | 5.32 % | 76,898 | 14.66 | 13 | -1.1326 % | 3,072.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| GWO.PR.N | FixedReset Ins Non | -15.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 15.46 Evaluated at bid price : 15.46 Bid-YTW : 6.63 % |
| BN.PF.E | FixedReset Disc | -5.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 21.39 Evaluated at bid price : 21.70 Bid-YTW : 6.21 % |
| ENB.PR.F | FixedReset Disc | -4.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 20.75 Evaluated at bid price : 20.75 Bid-YTW : 6.49 % |
| MFC.PR.N | FixedReset Ins Non | -3.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 22.70 Evaluated at bid price : 23.73 Bid-YTW : 5.34 % |
| FTS.PR.H | FixedReset Disc | -1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 18.75 Evaluated at bid price : 18.75 Bid-YTW : 5.68 % |
| ENB.PF.C | FixedReset Disc | -1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 21.60 Evaluated at bid price : 21.90 Bid-YTW : 6.25 % |
| BN.PR.Z | FixedReset Disc | -1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 23.45 Evaluated at bid price : 24.70 Bid-YTW : 5.93 % |
| BN.PR.N | Perpetual-Discount | -1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 20.78 Evaluated at bid price : 20.78 Bid-YTW : 5.83 % |
| CU.PR.G | Perpetual-Discount | -1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 20.88 Evaluated at bid price : 20.88 Bid-YTW : 5.43 % |
| IFC.PR.I | Insurance Straight | 1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 24.61 Evaluated at bid price : 24.89 Bid-YTW : 5.51 % |
| NA.PR.G | FixedReset Prem | 1.29 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-11-16 Maturity Price : 25.00 Evaluated at bid price : 26.65 Bid-YTW : 4.79 % |
| GWO.PR.H | Insurance Straight | 1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 22.01 Evaluated at bid price : 22.25 Bid-YTW : 5.44 % |
| ENB.PF.A | FixedReset Disc | 1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 22.28 Evaluated at bid price : 22.90 Bid-YTW : 6.03 % |
| GWO.PR.M | Insurance Straight | 1.41 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-01-02 Maturity Price : 25.00 Evaluated at bid price : 25.65 Bid-YTW : -28.60 % |
| BN.PF.J | FixedReset Prem | 1.57 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.90 Bid-YTW : 4.98 % |
| PWF.PF.A | Perpetual-Discount | 1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 20.65 Evaluated at bid price : 20.65 Bid-YTW : 5.52 % |
| PWF.PR.H | Perpetual-Premium | 1.64 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-01-02 Maturity Price : 25.00 Evaluated at bid price : 25.41 Bid-YTW : -7.64 % |
| SLF.PR.G | FixedReset Ins Non | 1.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 19.69 Evaluated at bid price : 19.69 Bid-YTW : 5.35 % |
| ENB.PR.J | FixedReset Disc | 1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 22.03 Evaluated at bid price : 22.41 Bid-YTW : 6.16 % |
| FTS.PR.G | FixedReset Disc | 2.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 23.37 Evaluated at bid price : 24.86 Bid-YTW : 5.10 % |
| CU.PR.C | FixedReset Disc | 2.93 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 24.27 Evaluated at bid price : 24.60 Bid-YTW : 5.29 % |
| PWF.PR.S | Perpetual-Discount | 7.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 21.75 Evaluated at bid price : 22.00 Bid-YTW : 5.51 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BN.PR.Z | FixedReset Disc | 239,134 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 23.45 Evaluated at bid price : 24.70 Bid-YTW : 5.93 % |
| BN.PF.M | FixedReset Prem | 237,301 | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-01-01 Maturity Price : 25.00 Evaluated at bid price : 25.65 Bid-YTW : 4.87 % |
| ENB.PF.C | FixedReset Disc | 152,771 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 21.60 Evaluated at bid price : 21.90 Bid-YTW : 6.25 % |
| MFC.PR.N | FixedReset Ins Non | 126,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 22.70 Evaluated at bid price : 23.73 Bid-YTW : 5.34 % |
| ENB.PF.E | FixedReset Disc | 124,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 21.90 Evaluated at bid price : 22.35 Bid-YTW : 6.10 % |
| ENB.PF.G | FixedReset Disc | 117,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-03 Maturity Price : 21.99 Evaluated at bid price : 22.50 Bid-YTW : 6.15 % |
| 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 – 18.44 Spot Rate : 2.9800 Average : 1.9953 YTW SCENARIO |
| GWO.PR.T | Insurance Straight | Quote: 19.84 – 23.55 Spot Rate : 3.7100 Average : 2.9728 YTW SCENARIO |
| ENB.PF.C | FixedReset Disc | Quote: 21.90 – 24.50 Spot Rate : 2.6000 Average : 1.9855 YTW SCENARIO |
| BN.PF.E | FixedReset Disc | Quote: 21.70 – 23.15 Spot Rate : 1.4500 Average : 0.9466 YTW SCENARIO |
| GWO.PR.Y | Insurance Straight | Quote: 19.96 – 21.50 Spot Rate : 1.5400 Average : 1.1225 YTW SCENARIO |
| ENB.PR.F | FixedReset Disc | Quote: 20.75 – 21.85 Spot Rate : 1.1000 Average : 0.7795 YTW SCENARIO |