| 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 | 0.0253 % | 2,433.8 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0253 % | 4,614.9 |
| Floater | 5.92 % | 6.14 % | 53,539 | 13.72 | 3 | 0.0253 % | 2,659.6 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.3517 % | 3,679.4 |
| SplitShare | 4.74 % | 3.99 % | 68,076 | 1.11 | 5 | -0.3517 % | 4,394.0 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.3517 % | 3,428.4 |
| Perpetual-Premium | 5.61 % | -0.72 % | 96,380 | 0.09 | 9 | 0.0700 % | 3,118.3 |
| Perpetual-Discount | 5.55 % | 5.61 % | 47,435 | 14.40 | 25 | -0.6027 % | 3,408.0 |
| FixedReset Disc | 5.86 % | 6.00 % | 101,446 | 13.69 | 29 | 0.1825 % | 3,169.2 |
| Insurance Straight | 5.45 % | 5.49 % | 54,996 | 14.63 | 22 | 0.6458 % | 3,340.9 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1825 % | 3,770.1 |
| FixedReset Prem | 5.94 % | 4.34 % | 88,266 | 2.21 | 19 | -0.2930 % | 2,663.3 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1825 % | 3,239.6 |
| FixedReset Ins Non | 5.27 % | 5.36 % | 75,578 | 14.43 | 14 | 0.3286 % | 3,137.3 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| PWF.PR.S | Perpetual-Discount | -23.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 16.60 Evaluated at bid price : 16.60 Bid-YTW : 7.40 % |
| PWF.PR.P | FixedReset Disc | -3.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 19.52 Evaluated at bid price : 19.52 Bid-YTW : 5.89 % |
| CU.PR.J | Perpetual-Discount | -3.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.74 % |
| ENB.PR.B | FixedReset Disc | -2.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 21.10 Evaluated at bid price : 21.10 Bid-YTW : 6.42 % |
| ENB.PR.H | FixedReset Disc | -1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 22.15 Evaluated at bid price : 22.50 Bid-YTW : 5.91 % |
| PVS.PR.L | SplitShare | -1.80 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-02-05 Maturity Price : 26.00 Evaluated at bid price : 26.20 Bid-YTW : 1.21 % |
| BN.PF.J | FixedReset Prem | -1.54 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.50 Bid-YTW : 5.25 % |
| ENB.PR.J | FixedReset Disc | -1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 22.02 Evaluated at bid price : 22.39 Bid-YTW : 6.36 % |
| GWO.PR.S | Insurance Straight | 1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 23.89 Evaluated at bid price : 24.14 Bid-YTW : 5.47 % |
| CCS.PR.C | Insurance Straight | 1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 22.50 Evaluated at bid price : 22.76 Bid-YTW : 5.52 % |
| SLF.PR.D | Insurance Straight | 1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 21.49 Evaluated at bid price : 21.75 Bid-YTW : 5.14 % |
| FTS.PR.J | Perpetual-Discount | 1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 22.71 Evaluated at bid price : 23.00 Bid-YTW : 5.21 % |
| PWF.PR.E | Perpetual-Discount | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 24.60 Evaluated at bid price : 24.86 Bid-YTW : 5.63 % |
| CU.PR.G | Perpetual-Discount | 1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 21.10 Evaluated at bid price : 21.10 Bid-YTW : 5.40 % |
| MFC.PR.Q | FixedReset Ins Non | 1.35 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-19 Maturity Price : 25.00 Evaluated at bid price : 25.49 Bid-YTW : 5.25 % |
| GWO.PR.Q | Insurance Straight | 1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 23.09 Evaluated at bid price : 23.35 Bid-YTW : 5.54 % |
| SLF.PR.C | Insurance Straight | 1.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 21.65 Evaluated at bid price : 21.90 Bid-YTW : 5.10 % |
| GWO.PR.M | Insurance Straight | 1.58 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-02-05 Maturity Price : 25.00 Evaluated at bid price : 25.65 Bid-YTW : -22.89 % |
| FTS.PR.H | FixedReset Disc | 1.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 19.19 Evaluated at bid price : 19.19 Bid-YTW : 5.74 % |
| CU.PR.H | Perpetual-Discount | 1.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 24.03 Evaluated at bid price : 24.28 Bid-YTW : 5.47 % |
| ENB.PR.F | FixedReset Disc | 3.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 21.64 Evaluated at bid price : 22.07 Bid-YTW : 6.27 % |
| MFC.PR.F | FixedReset Ins Non | 3.74 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 18.88 Evaluated at bid price : 18.88 Bid-YTW : 5.74 % |
| ENB.PF.E | FixedReset Disc | 4.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 22.10 Evaluated at bid price : 22.65 Bid-YTW : 6.19 % |
| GWO.PR.Y | Insurance Straight | 5.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 5.45 % |
| ENB.PF.C | FixedReset Disc | 6.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 22.11 Evaluated at bid price : 22.63 Bid-YTW : 6.21 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| FFH.PR.K | FixedReset Prem | 271,966 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.50 Bid-YTW : 3.48 % |
| BN.PF.B | FixedReset Disc | 101,144 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 23.07 Evaluated at bid price : 24.29 Bid-YTW : 5.85 % |
| ENB.PF.K | FixedReset Prem | 72,907 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-03-01 Maturity Price : 25.00 Evaluated at bid price : 25.30 Bid-YTW : 5.97 % |
| ENB.PF.A | FixedReset Disc | 67,166 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 22.35 Evaluated at bid price : 23.00 Bid-YTW : 6.17 % |
| CU.PR.K | Perpetual-Premium | 64,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 24.75 Evaluated at bid price : 25.15 Bid-YTW : 5.63 % |
| IFC.PR.A | FixedReset Ins Non | 54,318 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-06 Maturity Price : 21.49 Evaluated at bid price : 21.49 Bid-YTW : 5.50 % |
| There were 15 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 |
| PWF.PR.S | Perpetual-Discount | Quote: 16.60 – 22.40 Spot Rate : 5.8000 Average : 3.3208 YTW SCENARIO |
| SLF.PR.H | FixedReset Ins Non | Quote: 22.25 – 24.50 Spot Rate : 2.2500 Average : 1.7945 YTW SCENARIO |
| NA.PR.K | FixedReset Prem | Quote: 28.05 – 29.05 Spot Rate : 1.0000 Average : 0.6027 YTW SCENARIO |
| GWO.PR.Z | Insurance Straight | Quote: 25.36 – 26.36 Spot Rate : 1.0000 Average : 0.7523 YTW SCENARIO |
| PVS.PR.L | SplitShare | Quote: 26.20 – 26.90 Spot Rate : 0.7000 Average : 0.4588 YTW SCENARIO |
| ENB.PR.H | FixedReset Disc | Quote: 22.50 – 23.10 Spot Rate : 0.6000 Average : 0.4501 YTW SCENARIO |