I heard maps of South America are going to be revised. They have to show “The Trump-Venezuela Country” now.
| 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 | 0.3050 % | 2,433.2 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3050 % | 4,613.7 |
| Floater | 5.92 % | 6.14 % | 55,350 | 13.73 | 3 | 0.3050 % | 2,658.9 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2114 % | 3,692.4 |
| SplitShare | 4.73 % | 3.98 % | 68,386 | 1.11 | 5 | 0.2114 % | 4,409.5 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2114 % | 3,440.5 |
| Perpetual-Premium | 5.61 % | 0.53 % | 89,197 | 0.09 | 9 | 0.0963 % | 3,116.1 |
| Perpetual-Discount | 5.51 % | 5.59 % | 47,012 | 14.40 | 25 | 0.3253 % | 3,428.7 |
| FixedReset Disc | 5.87 % | 5.90 % | 98,749 | 13.84 | 29 | 0.0332 % | 3,163.5 |
| Insurance Straight | 5.48 % | 5.52 % | 55,454 | 14.60 | 22 | -0.2549 % | 3,319.4 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0332 % | 3,763.3 |
| FixedReset Prem | 5.92 % | 4.40 % | 88,952 | 2.18 | 19 | 0.2111 % | 2,671.1 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0332 % | 3,233.7 |
| FixedReset Ins Non | 5.29 % | 5.37 % | 75,922 | 14.42 | 14 | 0.3482 % | 3,127.0 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| ENB.PF.C | FixedReset Disc | -6.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 21.30 Evaluated at bid price : 21.30 Bid-YTW : 6.63 % |
| GWO.PR.Y | Insurance Straight | -4.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 19.78 Evaluated at bid price : 19.78 Bid-YTW : 5.73 % |
| ENB.PF.E | FixedReset Disc | -4.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 21.39 Evaluated at bid price : 21.70 Bid-YTW : 6.47 % |
| PWF.PR.S | Perpetual-Discount | -2.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 21.33 Evaluated at bid price : 21.60 Bid-YTW : 5.65 % |
| IFC.PR.F | Insurance Straight | -2.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 23.28 Evaluated at bid price : 23.55 Bid-YTW : 5.66 % |
| MFC.PR.Q | FixedReset Ins Non | -1.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 23.53 Evaluated at bid price : 25.15 Bid-YTW : 5.51 % |
| CU.PR.H | Perpetual-Discount | -1.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 23.59 Evaluated at bid price : 23.86 Bid-YTW : 5.56 % |
| SLF.PR.H | FixedReset Ins Non | -1.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 21.79 Evaluated at bid price : 22.25 Bid-YTW : 5.65 % |
| ENB.PR.T | FixedReset Disc | -1.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 22.42 Evaluated at bid price : 23.05 Bid-YTW : 6.18 % |
| BN.PF.I | FixedReset Prem | -1.50 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.00 Bid-YTW : 5.50 % |
| GWO.PR.Q | Insurance Straight | -1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 22.71 Evaluated at bid price : 23.00 Bid-YTW : 5.63 % |
| CCS.PR.C | Insurance Straight | -1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 22.24 Evaluated at bid price : 22.51 Bid-YTW : 5.58 % |
| SLF.PR.G | FixedReset Ins Non | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 19.74 Evaluated at bid price : 19.74 Bid-YTW : 5.52 % |
| TD.PF.I | FixedReset Prem | 1.05 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-10-31 Maturity Price : 25.00 Evaluated at bid price : 26.96 Bid-YTW : 2.53 % |
| IFC.PR.E | Insurance Straight | 1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 23.45 Evaluated at bid price : 23.74 Bid-YTW : 5.50 % |
| PVS.PR.M | SplitShare | 1.15 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2031-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.45 Bid-YTW : 4.88 % |
| BN.PF.F | FixedReset Disc | 1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 23.28 Evaluated at bid price : 25.00 Bid-YTW : 5.78 % |
| MFC.PR.J | FixedReset Ins Non | 1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 23.64 Evaluated at bid price : 25.30 Bid-YTW : 5.55 % |
| NA.PR.C | FixedReset Prem | 1.50 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 27.09 Bid-YTW : 2.95 % |
| BN.PF.D | Perpetual-Discount | 1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 21.33 Evaluated at bid price : 21.60 Bid-YTW : 5.70 % |
| SLF.PR.E | Insurance Straight | 1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 21.75 Evaluated at bid price : 22.00 Bid-YTW : 5.14 % |
| PWF.PR.R | Perpetual-Discount | 1.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 24.34 Evaluated at bid price : 24.65 Bid-YTW : 5.67 % |
| FTS.PR.M | FixedReset Disc | 1.97 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 23.22 Evaluated at bid price : 24.90 Bid-YTW : 5.45 % |
| CU.PR.F | Perpetual-Discount | 2.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 21.25 Evaluated at bid price : 21.25 Bid-YTW : 5.36 % |
| ENB.PR.B | FixedReset Disc | 2.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 21.35 Evaluated at bid price : 21.65 Bid-YTW : 6.24 % |
| CU.PR.C | FixedReset Disc | 2.92 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 24.31 Evaluated at bid price : 24.65 Bid-YTW : 5.47 % |
| MFC.PR.M | FixedReset Ins Non | 3.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 23.19 Evaluated at bid price : 24.81 Bid-YTW : 5.37 % |
| CU.PR.J | Perpetual-Discount | 3.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 21.45 Evaluated at bid price : 21.75 Bid-YTW : 5.52 % |
| MFC.PR.F | FixedReset Ins Non | 4.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 18.20 Evaluated at bid price : 18.20 Bid-YTW : 5.96 % |
| BN.PR.T | FixedReset Disc | 4.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 21.13 Evaluated at bid price : 21.13 Bid-YTW : 6.13 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| FFH.PR.K | FixedReset Prem | 210,409 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.30 Bid-YTW : 4.14 % |
| BN.PF.M | FixedReset Prem | 174,782 | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-01-01 Maturity Price : 25.00 Evaluated at bid price : 26.10 Bid-YTW : 4.82 % |
| GWO.PR.N | FixedReset Ins Non | 123,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 18.50 Evaluated at bid price : 18.50 Bid-YTW : 5.72 % |
| MFC.PR.J | FixedReset Ins Non | 77,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 23.64 Evaluated at bid price : 25.30 Bid-YTW : 5.55 % |
| BN.PR.Z | FixedReset Disc | 49,135 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.16 Bid-YTW : 5.84 % |
| IFC.PR.M | Perpetual-Premium | 48,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-05 Maturity Price : 24.75 Evaluated at bid price : 25.15 Bid-YTW : 5.54 % |
| There were 22 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 |
| SLF.PR.H | FixedReset Ins Non | Quote: 22.25 – 24.50 Spot Rate : 2.2500 Average : 1.2950 YTW SCENARIO |
| ENB.PF.E | FixedReset Disc | Quote: 21.70 – 22.99 Spot Rate : 1.2900 Average : 0.7505 YTW SCENARIO |
| ENB.PF.C | FixedReset Disc | Quote: 21.30 – 22.69 Spot Rate : 1.3900 Average : 0.9414 YTW SCENARIO |
| NA.PR.G | FixedReset Prem | Quote: 26.80 – 27.80 Spot Rate : 1.0000 Average : 0.5805 YTW SCENARIO |
| PWF.PR.S | Perpetual-Discount | Quote: 21.60 – 22.49 Spot Rate : 0.8900 Average : 0.6025 YTW SCENARIO |
| GWO.PR.Y | Insurance Straight | Quote: 19.78 – 20.78 Spot Rate : 1.0000 Average : 0.7267 YTW SCENARIO |