| 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 | 0.1272 % | 2,426.4 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1272 % | 4,600.9 |
| Floater | 5.94 % | 6.22 % | 64,118 | 13.50 | 3 | 0.1272 % | 2,651.5 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0236 % | 3,661.0 |
| SplitShare | 4.77 % | 4.42 % | 73,269 | 2.11 | 5 | -0.0236 % | 4,372.0 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0236 % | 3,411.2 |
| Perpetual-Premium | 5.70 % | 5.68 % | 76,625 | 13.99 | 7 | 0.0681 % | 3,082.3 |
| Perpetual-Discount | 5.56 % | 5.65 % | 49,421 | 14.41 | 26 | 0.8190 % | 3,400.9 |
| FixedReset Disc | 5.84 % | 6.10 % | 104,321 | 13.49 | 31 | 0.5597 % | 3,124.5 |
| Insurance Straight | 5.53 % | 5.55 % | 58,068 | 14.60 | 21 | 0.6038 % | 3,285.3 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5597 % | 3,716.9 |
| FixedReset Prem | 5.93 % | 4.97 % | 104,408 | 2.52 | 20 | -0.3420 % | 2,646.9 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5597 % | 3,193.9 |
| FixedReset Ins Non | 5.25 % | 5.58 % | 82,711 | 14.33 | 13 | 0.1888 % | 3,122.6 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| NA.PR.C | FixedReset Prem | -3.18 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 25.90 Bid-YTW : 5.35 % |
| GWO.PR.Y | Insurance Straight | -3.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 20.12 Evaluated at bid price : 20.12 Bid-YTW : 5.61 % |
| SLF.PR.G | FixedReset Ins Non | -2.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 18.90 Evaluated at bid price : 18.90 Bid-YTW : 5.81 % |
| BN.PF.G | FixedReset Disc | -1.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 22.81 Evaluated at bid price : 24.00 Bid-YTW : 6.12 % |
| ENB.PR.A | Perpetual-Discount | -1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 24.05 Evaluated at bid price : 24.30 Bid-YTW : 5.70 % |
| CM.PR.S | FixedReset Prem | -1.11 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-01-31 Maturity Price : 25.00 Evaluated at bid price : 25.81 Bid-YTW : 4.62 % |
| MFC.PR.F | FixedReset Ins Non | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 18.89 Evaluated at bid price : 18.89 Bid-YTW : 5.81 % |
| MFC.PR.Q | FixedReset Ins Non | 1.03 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-19 Maturity Price : 25.00 Evaluated at bid price : 25.45 Bid-YTW : 5.14 % |
| PWF.PF.A | Perpetual-Discount | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 20.42 Evaluated at bid price : 20.42 Bid-YTW : 5.59 % |
| FTS.PR.F | Perpetual-Discount | 1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 23.32 Evaluated at bid price : 23.60 Bid-YTW : 5.22 % |
| ENB.PF.A | FixedReset Disc | 1.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 22.06 Evaluated at bid price : 22.54 Bid-YTW : 6.34 % |
| PWF.PR.T | FixedReset Disc | 1.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 23.20 Evaluated at bid price : 24.58 Bid-YTW : 5.54 % |
| SLF.PR.C | Insurance Straight | 1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 5.21 % |
| MFC.PR.B | Insurance Straight | 1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 21.75 Evaluated at bid price : 22.00 Bid-YTW : 5.29 % |
| FTS.PR.H | FixedReset Disc | 1.87 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 19.05 Evaluated at bid price : 19.05 Bid-YTW : 5.82 % |
| SLF.PR.E | Insurance Straight | 1.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 21.38 Evaluated at bid price : 21.65 Bid-YTW : 5.19 % |
| FTS.PR.K | FixedReset Disc | 1.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 22.50 Evaluated at bid price : 23.15 Bid-YTW : 5.58 % |
| ENB.PR.F | FixedReset Disc | 2.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 21.30 Evaluated at bid price : 21.60 Bid-YTW : 6.46 % |
| CU.PR.G | Perpetual-Discount | 2.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 20.60 Evaluated at bid price : 20.60 Bid-YTW : 5.51 % |
| POW.PR.A | Perpetual-Discount | 3.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 24.55 Evaluated at bid price : 24.80 Bid-YTW : 5.73 % |
| BN.PF.E | FixedReset Disc | 5.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 22.30 Evaluated at bid price : 22.97 Bid-YTW : 6.04 % |
| CU.PR.H | Perpetual-Discount | 6.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 23.31 Evaluated at bid price : 23.59 Bid-YTW : 5.60 % |
| PWF.PR.S | Perpetual-Discount | 6.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 21.68 Evaluated at bid price : 21.93 Bid-YTW : 5.53 % |
| SLF.PR.D | Insurance Straight | 9.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 21.35 Evaluated at bid price : 21.35 Bid-YTW : 5.22 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| MFC.PR.M | FixedReset Ins Non | 81,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 23.15 Evaluated at bid price : 24.72 Bid-YTW : 5.43 % |
| CU.PR.J | Perpetual-Discount | 52,650 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 21.10 Evaluated at bid price : 21.10 Bid-YTW : 5.68 % |
| FTS.PR.K | FixedReset Disc | 47,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 22.50 Evaluated at bid price : 23.15 Bid-YTW : 5.58 % |
| BN.PF.M | FixedReset Prem | 46,353 | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-01-01 Maturity Price : 25.00 Evaluated at bid price : 25.55 Bid-YTW : 5.23 % |
| PWF.PR.P | FixedReset Disc | 41,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 19.08 Evaluated at bid price : 19.08 Bid-YTW : 6.10 % |
| CU.PR.K | Perpetual-Discount | 37,070 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-09 Maturity Price : 24.61 Evaluated at bid price : 25.00 Bid-YTW : 5.63 % |
| There were 14 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 |
| ENB.PF.C | FixedReset Disc | Quote: 22.12 – 24.50 Spot Rate : 2.3800 Average : 1.4758 YTW SCENARIO |
| MFC.PR.C | Insurance Straight | Quote: 21.74 – 23.40 Spot Rate : 1.6600 Average : 1.0415 YTW SCENARIO |
| GWO.PR.T | Insurance Straight | Quote: 20.80 – 25.00 Spot Rate : 4.2000 Average : 3.5913 YTW SCENARIO |
| BN.PR.R | FixedReset Disc | Quote: 20.76 – 22.00 Spot Rate : 1.2400 Average : 0.8060 YTW SCENARIO |
| NA.PR.C | FixedReset Prem | Quote: 25.90 – 26.95 Spot Rate : 1.0500 Average : 0.6607 YTW SCENARIO |
| SLF.PR.G | FixedReset Ins Non | Quote: 18.90 – 20.00 Spot Rate : 1.1000 Average : 0.7408 YTW SCENARIO |