| 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 | -0.0253 % | 2,432.0 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0253 % | 4,611.4 |
| Floater | 5.92 % | 6.23 % | 64,306 | 13.48 | 3 | -0.0253 % | 2,657.6 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1735 % | 3,664.7 |
| SplitShare | 4.76 % | 3.72 % | 73,621 | 1.18 | 5 | 0.1735 % | 4,376.5 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1735 % | 3,414.7 |
| Perpetual-Premium | 5.66 % | 5.56 % | 81,605 | 6.82 | 7 | 0.0903 % | 3,100.3 |
| Perpetual-Discount | 5.54 % | 5.65 % | 49,592 | 14.41 | 26 | 0.0861 % | 3,412.4 |
| FixedReset Disc | 5.85 % | 6.12 % | 107,328 | 13.41 | 31 | -0.1548 % | 3,118.6 |
| Insurance Straight | 5.50 % | 5.55 % | 55,674 | 14.55 | 21 | 0.2847 % | 3,303.3 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1548 % | 3,709.9 |
| FixedReset Prem | 5.90 % | 4.60 % | 104,001 | 2.25 | 20 | 0.1229 % | 2,660.0 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1548 % | 3,187.9 |
| FixedReset Ins Non | 5.25 % | 5.56 % | 83,025 | 14.34 | 13 | 1.2384 % | 3,122.6 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PF.G | FixedReset Disc | -4.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-11 Maturity Price : 22.30 Evaluated at bid price : 23.00 Bid-YTW : 6.42 % |
| GWO.PR.H | Insurance Straight | -2.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-11 Maturity Price : 21.30 Evaluated at bid price : 21.30 Bid-YTW : 5.71 % |
| ENB.PF.C | FixedReset Disc | -1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-11 Maturity Price : 21.60 Evaluated at bid price : 21.90 Bid-YTW : 6.46 % |
| TD.PF.J | FixedReset Prem | -1.14 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-04-30 Maturity Price : 25.00 Evaluated at bid price : 26.00 Bid-YTW : 4.29 % |
| CU.PR.H | Perpetual-Discount | -1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-11 Maturity Price : 23.14 Evaluated at bid price : 23.40 Bid-YTW : 5.65 % |
| POW.PR.A | Perpetual-Discount | -1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-11 Maturity Price : 24.52 Evaluated at bid price : 24.77 Bid-YTW : 5.74 % |
| IFC.PR.C | FixedReset Ins Non | 1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-11 Maturity Price : 24.09 Evaluated at bid price : 24.60 Bid-YTW : 5.72 % |
| GWO.PR.S | Insurance Straight | 1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-11 Maturity Price : 23.36 Evaluated at bid price : 23.65 Bid-YTW : 5.55 % |
| BN.PF.D | Perpetual-Discount | 1.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-11 Maturity Price : 21.71 Evaluated at bid price : 21.96 Bid-YTW : 5.68 % |
| CU.PR.J | Perpetual-Discount | 1.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-11 Maturity Price : 21.52 Evaluated at bid price : 21.52 Bid-YTW : 5.57 % |
| BN.PF.E | FixedReset Disc | 2.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-11 Maturity Price : 22.20 Evaluated at bid price : 22.80 Bid-YTW : 6.09 % |
| MFC.PR.L | FixedReset Ins Non | 2.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-11 Maturity Price : 23.17 Evaluated at bid price : 24.62 Bid-YTW : 5.34 % |
| GWO.PR.T | Insurance Straight | 10.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-11 Maturity Price : 22.76 Evaluated at bid price : 23.03 Bid-YTW : 5.59 % |
| GWO.PR.N | FixedReset Ins Non | 18.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-11 Maturity Price : 18.30 Evaluated at bid price : 18.30 Bid-YTW : 5.94 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| GWO.PR.M | Insurance Straight | 88,500 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-01-10 Maturity Price : 25.00 Evaluated at bid price : 25.73 Bid-YTW : -30.51 % |
| FFH.PR.I | FixedReset Disc | 57,500 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-01-30 Maturity Price : 25.00 Evaluated at bid price : 25.16 Bid-YTW : 4.97 % |
| FTS.PR.M | FixedReset Disc | 37,290 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-11 Maturity Price : 23.09 Evaluated at bid price : 24.56 Bid-YTW : 5.58 % |
| MFC.PR.L | FixedReset Ins Non | 31,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-11 Maturity Price : 23.17 Evaluated at bid price : 24.62 Bid-YTW : 5.34 % |
| NA.PR.S | FixedReset Prem | 26,600 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-05-15 Maturity Price : 25.00 Evaluated at bid price : 26.00 Bid-YTW : 5.09 % |
| POW.PR.I | Perpetual-Premium | 24,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-11 Maturity Price : 24.67 Evaluated at bid price : 25.07 Bid-YTW : 5.68 % |
| There were 9 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 |
| BN.PF.G | FixedReset Disc | Quote: 23.00 – 24.55 Spot Rate : 1.5500 Average : 1.0707 YTW SCENARIO |
| GWO.PR.H | Insurance Straight | Quote: 21.30 – 22.25 Spot Rate : 0.9500 Average : 0.6853 YTW SCENARIO |
| GWO.PR.Z | Insurance Straight | Quote: 25.21 – 26.21 Spot Rate : 1.0000 Average : 0.7514 YTW SCENARIO |
| TD.PF.J | FixedReset Prem | Quote: 26.00 – 26.75 Spot Rate : 0.7500 Average : 0.5252 YTW SCENARIO |
| ENB.PF.G | FixedReset Disc | Quote: 22.29 – 24.00 Spot Rate : 1.7100 Average : 1.5169 YTW SCENARIO |
| PWF.PR.Z | Perpetual-Discount | Quote: 22.90 – 23.65 Spot Rate : 0.7500 Average : 0.5972 YTW SCENARIO |