| 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 | 0.1514 % | 2,448.0 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1514 % | 4,641.8 |
| Floater | 5.88 % | 6.10 % | 55,368 | 13.77 | 3 | 0.1514 % | 2,675.1 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2272 % | 3,674.5 |
| SplitShare | 4.75 % | 4.23 % | 77,577 | 2.01 | 5 | -0.2272 % | 4,388.2 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2272 % | 3,423.8 |
| Perpetual-Premium | 5.65 % | 5.58 % | 88,971 | 6.86 | 9 | -0.3861 % | 3,093.9 |
| Perpetual-Discount | 5.52 % | 5.57 % | 48,662 | 14.58 | 25 | -0.2255 % | 3,422.1 |
| FixedReset Disc | 5.85 % | 5.98 % | 108,038 | 13.84 | 29 | 0.2589 % | 3,178.0 |
| Insurance Straight | 5.49 % | 5.54 % | 55,461 | 14.57 | 22 | -0.4442 % | 3,316.1 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2589 % | 3,780.5 |
| FixedReset Prem | 5.93 % | 4.18 % | 87,484 | 2.19 | 19 | 0.0080 % | 2,664.4 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2589 % | 3,248.5 |
| FixedReset Ins Non | 5.27 % | 5.34 % | 77,404 | 14.49 | 14 | -0.3753 % | 3,135.8 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| SLF.PR.D | Insurance Straight | -10.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 19.44 Evaluated at bid price : 19.44 Bid-YTW : 5.78 % |
| IFC.PR.C | FixedReset Ins Non | -3.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 23.45 Evaluated at bid price : 24.10 Bid-YTW : 5.70 % |
| GWO.PR.H | Insurance Straight | -2.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 21.50 Evaluated at bid price : 21.76 Bid-YTW : 5.61 % |
| BN.PF.D | Perpetual-Discount | -2.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.89 % |
| BN.PF.B | FixedReset Disc | -1.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 22.86 Evaluated at bid price : 23.81 Bid-YTW : 5.97 % |
| SLF.PR.C | Insurance Straight | -1.91 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 21.29 Evaluated at bid price : 21.56 Bid-YTW : 5.19 % |
| MFC.PR.Q | FixedReset Ins Non | -1.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 23.52 Evaluated at bid price : 25.10 Bid-YTW : 5.50 % |
| MFC.PR.C | Insurance Straight | -1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 21.33 Evaluated at bid price : 21.60 Bid-YTW : 5.25 % |
| GWO.PR.R | Insurance Straight | -1.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 21.54 Evaluated at bid price : 21.80 Bid-YTW : 5.54 % |
| PWF.PR.O | Perpetual-Premium | -1.38 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-02-13 Maturity Price : 25.00 Evaluated at bid price : 24.95 Bid-YTW : 4.81 % |
| PWF.PR.R | Perpetual-Discount | -1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 24.05 Evaluated at bid price : 24.30 Bid-YTW : 5.67 % |
| POW.PR.D | Perpetual-Discount | -1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 22.43 Evaluated at bid price : 22.69 Bid-YTW : 5.53 % |
| IFC.PR.F | Insurance Straight | -1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 23.48 Evaluated at bid price : 23.75 Bid-YTW : 5.62 % |
| GWO.PR.I | Insurance Straight | -1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 20.64 Evaluated at bid price : 20.64 Bid-YTW : 5.50 % |
| BN.PR.Z | FixedReset Disc | 2.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 23.60 Evaluated at bid price : 25.00 Bid-YTW : 5.90 % |
| ENB.PR.F | FixedReset Disc | 2.92 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 21.94 Evaluated at bid price : 22.18 Bid-YTW : 6.23 % |
| GWO.PR.T | Insurance Straight | 3.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 23.45 Evaluated at bid price : 23.74 Bid-YTW : 5.46 % |
| BN.PR.X | FixedReset Disc | 5.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 19.89 Evaluated at bid price : 19.89 Bid-YTW : 5.98 % |
| IFC.PR.I | Insurance Straight | 7.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 23.84 Evaluated at bid price : 24.13 Bid-YTW : 5.63 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| MFC.PR.C | Insurance Straight | 61,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 21.33 Evaluated at bid price : 21.60 Bid-YTW : 5.25 % |
| ENB.PR.P | FixedReset Disc | 51,136 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 22.10 Evaluated at bid price : 22.50 Bid-YTW : 6.22 % |
| GWO.PR.I | Insurance Straight | 31,684 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 20.64 Evaluated at bid price : 20.64 Bid-YTW : 5.50 % |
| BN.PF.D | Perpetual-Discount | 30,361 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.89 % |
| GWO.PR.R | Insurance Straight | 24,864 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 21.54 Evaluated at bid price : 21.80 Bid-YTW : 5.54 % |
| MFC.PR.K | FixedReset Ins Non | 23,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-14 Maturity Price : 23.51 Evaluated at bid price : 25.21 Bid-YTW : 5.27 % |
| 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 |
| SLF.PR.D | Insurance Straight | Quote: 19.44 – 21.62 Spot Rate : 2.1800 Average : 1.2322 YTW SCENARIO |
| PWF.PR.S | Perpetual-Discount | Quote: 22.05 – 23.75 Spot Rate : 1.7000 Average : 1.0782 YTW SCENARIO |
| IFC.PR.C | FixedReset Ins Non | Quote: 24.10 – 25.10 Spot Rate : 1.0000 Average : 0.6362 YTW SCENARIO |
| GWO.PR.H | Insurance Straight | Quote: 21.76 – 22.50 Spot Rate : 0.7400 Average : 0.4446 YTW SCENARIO |
| BN.PF.B | FixedReset Disc | Quote: 23.81 – 24.42 Spot Rate : 0.6100 Average : 0.3653 YTW SCENARIO |
| MFC.PR.C | Insurance Straight | Quote: 21.60 – 22.20 Spot Rate : 0.6000 Average : 0.3627 YTW SCENARIO |