| 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 | 0.1780 % | 2,428.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1780 % | 4,605.5 |
| Floater | 5.93 % | 6.13 % | 61,044 | 13.77 | 3 | 0.1780 % | 2,654.2 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1967 % | 3,660.4 |
| SplitShare | 4.77 % | 4.20 % | 71,725 | 3.18 | 5 | -0.1967 % | 4,371.3 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1967 % | 3,410.6 |
| Perpetual-Premium | 5.64 % | -2.82 % | 85,535 | 0.09 | 7 | -0.0393 % | 3,113.3 |
| Perpetual-Discount | 5.53 % | 5.64 % | 50,968 | 14.38 | 26 | 1.0337 % | 3,420.4 |
| FixedReset Disc | 5.82 % | 6.03 % | 106,196 | 13.58 | 31 | 0.2069 % | 3,136.7 |
| Insurance Straight | 5.46 % | 5.47 % | 55,733 | 14.66 | 21 | 1.3331 % | 3,328.0 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2069 % | 3,731.5 |
| FixedReset Prem | 5.90 % | 4.38 % | 101,696 | 2.53 | 20 | 0.1383 % | 2,659.7 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2069 % | 3,206.4 |
| FixedReset Ins Non | 5.25 % | 5.42 % | 84,620 | 14.42 | 13 | 0.6513 % | 3,126.8 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| ENB.PF.A | FixedReset Disc | -1.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-19 Maturity Price : 21.84 Evaluated at bid price : 22.21 Bid-YTW : 6.44 % |
| ENB.PF.C | FixedReset Disc | -1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-19 Maturity Price : 21.64 Evaluated at bid price : 21.95 Bid-YTW : 6.44 % |
| BN.PR.Z | FixedReset Disc | 1.00 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.25 Bid-YTW : 5.50 % |
| BIP.PR.E | FixedReset Prem | 1.07 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.57 Bid-YTW : 5.51 % |
| ENB.PR.H | FixedReset Disc | 1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-19 Maturity Price : 22.38 Evaluated at bid price : 22.85 Bid-YTW : 5.84 % |
| GWO.PR.M | Insurance Straight | 1.14 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-01-18 Maturity Price : 25.00 Evaluated at bid price : 25.79 Bid-YTW : -31.61 % |
| BN.PR.T | FixedReset Disc | 1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-19 Maturity Price : 20.74 Evaluated at bid price : 20.74 Bid-YTW : 6.29 % |
| GWO.PR.Q | Insurance Straight | 1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-19 Maturity Price : 22.93 Evaluated at bid price : 23.21 Bid-YTW : 5.56 % |
| ENB.PR.B | FixedReset Disc | 1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-19 Maturity Price : 21.30 Evaluated at bid price : 21.30 Bid-YTW : 6.40 % |
| ENB.PR.J | FixedReset Disc | 1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-19 Maturity Price : 22.18 Evaluated at bid price : 22.62 Bid-YTW : 6.32 % |
| IFC.PR.G | FixedReset Ins Non | 1.76 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.50 Bid-YTW : 5.12 % |
| GWO.PR.S | Insurance Straight | 2.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-19 Maturity Price : 23.53 Evaluated at bid price : 23.80 Bid-YTW : 5.53 % |
| SLF.PR.E | Insurance Straight | 2.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-19 Maturity Price : 21.37 Evaluated at bid price : 21.64 Bid-YTW : 5.20 % |
| MFC.PR.C | Insurance Straight | 3.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-19 Maturity Price : 22.26 Evaluated at bid price : 22.53 Bid-YTW : 5.01 % |
| MFC.PR.L | FixedReset Ins Non | 3.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-19 Maturity Price : 23.21 Evaluated at bid price : 24.73 Bid-YTW : 5.31 % |
| POW.PR.A | Perpetual-Discount | 4.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-19 Maturity Price : 24.82 Evaluated at bid price : 25.04 Bid-YTW : 5.69 % |
| SLF.PR.C | Insurance Straight | 5.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-19 Maturity Price : 21.62 Evaluated at bid price : 21.87 Bid-YTW : 5.09 % |
| GWO.PR.T | Insurance Straight | 11.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-19 Maturity Price : 22.92 Evaluated at bid price : 23.17 Bid-YTW : 5.57 % |
| CU.PR.G | Perpetual-Discount | 26.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-19 Maturity Price : 20.81 Evaluated at bid price : 20.81 Bid-YTW : 5.46 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| FFH.PR.I | FixedReset Disc | 25,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-01-30 Maturity Price : 25.00 Evaluated at bid price : 24.98 Bid-YTW : 4.93 % |
| BN.PR.R | FixedReset Disc | 21,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-19 Maturity Price : 20.95 Evaluated at bid price : 20.95 Bid-YTW : 6.28 % |
| MFC.PR.F | FixedReset Ins Non | 19,365 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-19 Maturity Price : 18.75 Evaluated at bid price : 18.75 Bid-YTW : 5.84 % |
| BIP.PR.B | FixedReset Disc | 16,600 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-01-30 Maturity Price : 25.00 Evaluated at bid price : 24.98 Bid-YTW : 6.16 % |
| TD.PF.A | FixedReset Prem | 16,215 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-10-31 Maturity Price : 25.00 Evaluated at bid price : 25.45 Bid-YTW : 4.67 % |
| ENB.PF.C | FixedReset Disc | 16,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2055-12-19 Maturity Price : 21.64 Evaluated at bid price : 21.95 Bid-YTW : 6.44 % |
| There were 12 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 : 3.2583 YTW SCENARIO |
| ENB.PF.A | FixedReset Disc | Quote: 22.21 – 23.06 Spot Rate : 0.8500 Average : 0.5907 YTW SCENARIO |
| BN.PR.M | Perpetual-Discount | Quote: 20.75 – 21.35 Spot Rate : 0.6000 Average : 0.4451 YTW SCENARIO |
| PVS.PR.L | SplitShare | Quote: 25.81 – 26.50 Spot Rate : 0.6900 Average : 0.5756 YTW SCENARIO |
| PWF.PR.S | Perpetual-Discount | Quote: 22.01 – 22.50 Spot Rate : 0.4900 Average : 0.3828 YTW SCENARIO |
| ENB.PR.A | Perpetual-Discount | Quote: 24.40 – 24.74 Spot Rate : 0.3400 Average : 0.2384 YTW SCENARIO |