| 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 | 0.0763 % | 2,426.4 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0763 % | 4,600.9 |
| Floater | 5.94 % | 6.14 % | 65,693 | 13.76 | 3 | 0.0763 % | 2,651.5 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0943 % | 3,677.4 |
| SplitShare | 4.75 % | 3.49 % | 70,780 | 1.17 | 5 | 0.0943 % | 4,391.6 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0943 % | 3,426.5 |
| Perpetual-Premium | 5.65 % | -0.04 % | 86,964 | 0.09 | 7 | -0.0899 % | 3,109.2 |
| Perpetual-Discount | 5.55 % | 5.64 % | 54,729 | 14.39 | 26 | -0.2946 % | 3,409.5 |
| FixedReset Disc | 5.83 % | 6.07 % | 102,590 | 13.64 | 31 | 0.2374 % | 3,128.2 |
| Insurance Straight | 5.52 % | 5.53 % | 58,675 | 14.52 | 21 | -0.2694 % | 3,292.3 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2374 % | 3,721.3 |
| FixedReset Prem | 5.90 % | 4.50 % | 100,960 | 2.23 | 20 | -0.0249 % | 2,658.7 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2374 % | 3,197.6 |
| FixedReset Ins Non | 5.27 % | 5.55 % | 82,374 | 14.33 | 13 | -0.2218 % | 3,112.0 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| GWO.PR.M | Insurance Straight | -3.29 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-01-15 Maturity Price : 25.00 Evaluated at bid price : 25.00 Bid-YTW : 2.92 % |
| MFC.PR.L | FixedReset Ins Non | -2.84 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-16 Maturity Price : 22.88 Evaluated at bid price : 23.95 Bid-YTW : 5.51 % |
| BN.PR.N | Perpetual-Discount | -2.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-16 Maturity Price : 20.34 Evaluated at bid price : 20.34 Bid-YTW : 5.87 % |
| CU.PR.J | Perpetual-Discount | -2.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-16 Maturity Price : 21.10 Evaluated at bid price : 21.10 Bid-YTW : 5.68 % |
| GWO.PR.G | Insurance Straight | -1.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-16 Maturity Price : 22.73 Evaluated at bid price : 23.02 Bid-YTW : 5.66 % |
| GWO.PR.I | Insurance Straight | -1.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-16 Maturity Price : 20.83 Evaluated at bid price : 20.83 Bid-YTW : 5.42 % |
| ENB.PF.G | FixedReset Disc | 1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-16 Maturity Price : 21.98 Evaluated at bid price : 22.48 Bid-YTW : 6.35 % |
| BN.PF.J | FixedReset Prem | 1.16 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-12-31 Maturity Price : 25.00 Evaluated at bid price : 26.20 Bid-YTW : 3.67 % |
| ENB.PR.D | FixedReset Disc | 1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-16 Maturity Price : 21.30 Evaluated at bid price : 21.30 Bid-YTW : 6.39 % |
| ENB.PF.C | FixedReset Disc | 1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-16 Maturity Price : 21.82 Evaluated at bid price : 22.20 Bid-YTW : 6.36 % |
| MFC.PR.C | Insurance Straight | 2.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-16 Maturity Price : 22.01 Evaluated at bid price : 22.24 Bid-YTW : 5.07 % |
| BN.PF.E | FixedReset Disc | 3.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-16 Maturity Price : 22.41 Evaluated at bid price : 23.16 Bid-YTW : 5.88 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| ENB.PF.E | FixedReset Disc | 76,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-16 Maturity Price : 21.90 Evaluated at bid price : 22.35 Bid-YTW : 6.30 % |
| POW.PR.C | Perpetual-Premium | 57,450 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-01-15 Maturity Price : 25.00 Evaluated at bid price : 25.80 Bid-YTW : -19.66 % |
| FFH.PR.I | FixedReset Disc | 46,700 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-01-30 Maturity Price : 25.00 Evaluated at bid price : 24.97 Bid-YTW : 4.93 % |
| ENB.PF.G | FixedReset Disc | 37,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-16 Maturity Price : 21.98 Evaluated at bid price : 22.48 Bid-YTW : 6.35 % |
| IFC.PR.F | Insurance Straight | 37,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-16 Maturity Price : 24.22 Evaluated at bid price : 24.47 Bid-YTW : 5.52 % |
| MFC.PR.B | Insurance Straight | 35,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-16 Maturity Price : 21.88 Evaluated at bid price : 22.12 Bid-YTW : 5.27 % |
| There were 11 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 |
| IFC.PR.I | Insurance Straight | Quote: 22.40 – 25.99 Spot Rate : 3.5900 Average : 3.0333 YTW SCENARIO |
| GWO.PR.M | Insurance Straight | Quote: 25.00 – 25.90 Spot Rate : 0.9000 Average : 0.5260 YTW SCENARIO |
| ENB.PR.B | FixedReset Disc | Quote: 21.00 – 21.95 Spot Rate : 0.9500 Average : 0.6070 YTW SCENARIO |
| MFC.PR.L | FixedReset Ins Non | Quote: 23.95 – 24.95 Spot Rate : 1.0000 Average : 0.6860 YTW SCENARIO |
| GWO.PR.Z | Insurance Straight | Quote: 25.30 – 26.30 Spot Rate : 1.0000 Average : 0.7485 YTW SCENARIO |
| BN.PR.Z | FixedReset Disc | Quote: 25.00 – 25.75 Spot Rate : 0.7500 Average : 0.5139 YTW SCENARIO |