| HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
|||||||
| 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 | 0.1528 % | 2,424.6 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1528 % | 4,597.4 |
| Floater | 5.94 % | 6.14 % | 63,109 | 13.76 | 3 | 0.1528 % | 2,649.5 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1336 % | 3,667.6 |
| SplitShare | 4.76 % | 4.33 % | 74,474 | 3.18 | 5 | -0.1336 % | 4,379.9 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1336 % | 3,417.4 |
| Perpetual-Premium | 5.64 % | -2.06 % | 86,322 | 0.09 | 7 | 0.3550 % | 3,114.5 |
| Perpetual-Discount | 5.59 % | 5.65 % | 52,957 | 14.37 | 26 | -0.1663 % | 3,385.4 |
| FixedReset Disc | 5.83 % | 6.01 % | 107,486 | 13.64 | 31 | 0.1320 % | 3,130.2 |
| Insurance Straight | 5.53 % | 5.50 % | 57,892 | 14.66 | 21 | -1.2070 % | 3,284.2 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1320 % | 3,723.8 |
| FixedReset Prem | 5.91 % | 4.48 % | 98,462 | 2.62 | 20 | -0.0058 % | 2,656.0 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1320 % | 3,199.7 |
| FixedReset Ins Non | 5.28 % | 5.56 % | 83,365 | 14.33 | 13 | -0.0266 % | 3,106.6 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| GWO.PR.T | Insurance Straight | -9.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-18 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 6.22 % |
| IFC.PR.I | Insurance Straight | -9.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-18 Maturity Price : 22.02 Evaluated at bid price : 22.40 Bid-YTW : 6.04 % |
| POW.PR.A | Perpetual-Discount | -4.78 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-18 Maturity Price : 23.63 Evaluated at bid price : 23.90 Bid-YTW : 5.96 % |
| SLF.PR.C | Insurance Straight | -4.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-18 Maturity Price : 20.77 Evaluated at bid price : 20.77 Bid-YTW : 5.38 % |
| MFC.PR.L | FixedReset Ins Non | -3.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-18 Maturity Price : 22.81 Evaluated at bid price : 23.79 Bid-YTW : 5.55 % |
| SLF.PR.E | Insurance Straight | -2.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-18 Maturity Price : 21.11 Evaluated at bid price : 21.11 Bid-YTW : 5.35 % |
| BIP.PR.E | FixedReset Prem | -1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-18 Maturity Price : 23.62 Evaluated at bid price : 25.30 Bid-YTW : 5.98 % |
| MFC.PR.B | Insurance Straight | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-18 Maturity Price : 22.07 Evaluated at bid price : 22.30 Bid-YTW : 5.23 % |
| SLF.PR.G | FixedReset Ins Non | 1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-18 Maturity Price : 19.20 Evaluated at bid price : 19.20 Bid-YTW : 5.71 % |
| IFC.PR.C | FixedReset Ins Non | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-18 Maturity Price : 23.97 Evaluated at bid price : 24.51 Bid-YTW : 5.67 % |
| CIU.PR.A | Perpetual-Discount | 1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-18 Maturity Price : 21.07 Evaluated at bid price : 21.07 Bid-YTW : 5.51 % |
| BIP.PR.F | FixedReset Disc | 1.20 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-01-01 Maturity Price : 25.00 Evaluated at bid price : 25.40 Bid-YTW : 5.82 % |
| POW.PR.H | Perpetual-Premium | 1.66 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2034-10-15 Maturity Price : 25.00 Evaluated at bid price : 25.65 Bid-YTW : 5.61 % |
| CU.PR.C | FixedReset Disc | 2.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-18 Maturity Price : 24.03 Evaluated at bid price : 24.40 Bid-YTW : 5.56 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| ENB.PF.C | FixedReset Disc | 59,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-18 Maturity Price : 21.86 Evaluated at bid price : 22.26 Bid-YTW : 6.34 % |
| ENB.PF.A | FixedReset Disc | 40,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-18 Maturity Price : 22.13 Evaluated at bid price : 22.64 Bid-YTW : 6.31 % |
| SLF.PR.D | Insurance Straight | 31,297 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-18 Maturity Price : 21.27 Evaluated at bid price : 21.54 Bid-YTW : 5.17 % |
| ENB.PR.T | FixedReset Disc | 25,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-18 Maturity Price : 22.45 Evaluated at bid price : 23.11 Bid-YTW : 6.20 % |
| CU.PR.G | Perpetual-Discount | 25,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-18 Maturity Price : 16.50 Evaluated at bid price : 16.50 Bid-YTW : 6.90 % |
| POW.PR.I | Perpetual-Premium | 19,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-18 Maturity Price : 24.66 Evaluated at bid price : 25.06 Bid-YTW : 5.69 % |
| 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 |
| GWO.PR.T | Insurance Straight | Quote: 20.80 – 25.00 Spot Rate : 4.2000 Average : 2.7642 YTW SCENARIO |
| CU.PR.G | Perpetual-Discount | Quote: 16.50 – 20.95 Spot Rate : 4.4500 Average : 3.5873 YTW SCENARIO |
| IFC.PR.I | Insurance Straight | Quote: 22.40 – 25.99 Spot Rate : 3.5900 Average : 2.8945 YTW SCENARIO |
| POW.PR.A | Perpetual-Discount | Quote: 23.90 – 25.75 Spot Rate : 1.8500 Average : 1.2614 YTW SCENARIO |
| SLF.PR.C | Insurance Straight | Quote: 20.77 – 21.89 Spot Rate : 1.1200 Average : 0.6775 YTW SCENARIO |
| BN.PF.J | FixedReset Prem | Quote: 25.90 – 26.90 Spot Rate : 1.0000 Average : 0.7184 YTW SCENARIO |