| 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 | -0.3041 % | 2,425.8 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.3041 % | 4,599.7 |
| Floater | 5.94 % | 6.14 % | 56,203 | 13.73 | 3 | -0.3041 % | 2,650.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3616 % | 3,684.6 |
| SplitShare | 4.74 % | 3.99 % | 64,667 | 1.12 | 5 | 0.3616 % | 4,400.2 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3616 % | 3,433.2 |
| Perpetual-Premium | 5.64 % | 0.45 % | 92,143 | 0.09 | 7 | -0.0169 % | 3,113.1 |
| Perpetual-Discount | 5.53 % | 5.62 % | 52,229 | 14.39 | 26 | 0.4976 % | 3,417.6 |
| FixedReset Disc | 5.87 % | 5.96 % | 99,186 | 13.69 | 29 | -0.0617 % | 3,162.4 |
| Insurance Straight | 5.46 % | 5.51 % | 58,581 | 14.63 | 21 | 1.0065 % | 3,327.9 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0617 % | 3,762.0 |
| FixedReset Prem | 5.93 % | 4.42 % | 89,491 | 2.19 | 19 | 0.1880 % | 2,665.5 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0617 % | 3,232.6 |
| FixedReset Ins Non | 5.46 % | 5.28 % | 75,713 | 14.32 | 13 | 0.2391 % | 3,116.2 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PR.T | FixedReset Disc | -4.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 20.20 Evaluated at bid price : 20.20 Bid-YTW : 6.39 % |
| CU.PR.J | Perpetual-Discount | -3.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.73 % |
| ENB.PR.B | FixedReset Disc | -2.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 21.10 Evaluated at bid price : 21.10 Bid-YTW : 6.39 % |
| CU.PR.F | Perpetual-Discount | -2.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 20.77 Evaluated at bid price : 20.77 Bid-YTW : 5.49 % |
| PWF.PR.R | Perpetual-Discount | -1.74 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 24.00 Evaluated at bid price : 24.25 Bid-YTW : 5.77 % |
| IFC.PR.E | Insurance Straight | -1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 23.17 Evaluated at bid price : 23.47 Bid-YTW : 5.56 % |
| FTS.PR.M | FixedReset Disc | -1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 23.04 Evaluated at bid price : 24.42 Bid-YTW : 5.56 % |
| MFC.PR.J | FixedReset Ins Non | -1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 23.53 Evaluated at bid price : 24.99 Bid-YTW : 5.61 % |
| FTS.PR.J | Perpetual-Discount | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 22.28 Evaluated at bid price : 22.55 Bid-YTW : 5.32 % |
| PVS.PR.H | SplitShare | 1.08 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-02-28 Maturity Price : 25.00 Evaluated at bid price : 25.27 Bid-YTW : -0.08 % |
| GWO.PR.M | Insurance Straight | 1.17 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-02-01 Maturity Price : 25.00 Evaluated at bid price : 25.02 Bid-YTW : 5.27 % |
| BN.PF.D | Perpetual-Discount | 1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 21.28 Evaluated at bid price : 21.28 Bid-YTW : 5.80 % |
| GWO.PR.P | Insurance Straight | 1.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 24.21 Evaluated at bid price : 24.50 Bid-YTW : 5.54 % |
| TD.PF.I | FixedReset Prem | 2.10 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-10-31 Maturity Price : 25.00 Evaluated at bid price : 26.68 Bid-YTW : 3.13 % |
| ENB.PR.F | FixedReset Disc | 2.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 21.30 Evaluated at bid price : 21.30 Bid-YTW : 6.50 % |
| PWF.PR.P | FixedReset Disc | 3.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 20.19 Evaluated at bid price : 20.19 Bid-YTW : 5.66 % |
| MFC.PR.L | FixedReset Ins Non | 3.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 23.24 Evaluated at bid price : 24.80 Bid-YTW : 5.24 % |
| IFC.PR.I | Insurance Straight | 8.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 24.01 Evaluated at bid price : 24.30 Bid-YTW : 5.58 % |
| IFC.PR.F | Insurance Straight | 10.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 23.82 Evaluated at bid price : 24.10 Bid-YTW : 5.52 % |
| CU.PR.G | Perpetual-Discount | 25.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 5.51 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| POW.PR.A | Perpetual-Discount | 19,100 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-02-01 Maturity Price : 25.00 Evaluated at bid price : 25.31 Bid-YTW : -11.49 % |
| GWO.PR.P | Insurance Straight | 15,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 24.21 Evaluated at bid price : 24.50 Bid-YTW : 5.54 % |
| PWF.PF.A | Perpetual-Discount | 14,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-02 Maturity Price : 20.57 Evaluated at bid price : 20.57 Bid-YTW : 5.57 % |
| POW.PR.G | Perpetual-Discount | 13,200 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-02-01 Maturity Price : 25.00 Evaluated at bid price : 24.98 Bid-YTW : 4.19 % |
| GWO.PR.Z | Insurance Straight | 11,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2034-09-30 Maturity Price : 25.00 Evaluated at bid price : 25.31 Bid-YTW : 5.56 % |
| There were 0 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 |
| CU.PR.J | Perpetual-Discount | Quote: 21.00 – 23.00 Spot Rate : 2.0000 Average : 1.6564 YTW SCENARIO |
| POW.PR.H | Perpetual-Premium | Quote: 25.27 – 26.27 Spot Rate : 1.0000 Average : 0.6782 YTW SCENARIO |
| MFC.PR.J | FixedReset Ins Non | Quote: 24.99 – 25.75 Spot Rate : 0.7600 Average : 0.4754 YTW SCENARIO |
| IFC.PR.E | Insurance Straight | Quote: 23.47 – 24.40 Spot Rate : 0.9300 Average : 0.6598 YTW SCENARIO |
| BN.PF.J | FixedReset Prem | Quote: 26.01 – 27.01 Spot Rate : 1.0000 Average : 0.7368 YTW SCENARIO |
| PWF.PR.R | Perpetual-Discount | Quote: 24.25 – 24.95 Spot Rate : 0.7000 Average : 0.4956 YTW SCENARIO |