| 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 | -0.1512 % | 2,443.7 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1512 % | 4,633.6 |
| Floater | 5.90 % | 6.14 % | 59,703 | 13.70 | 3 | -0.1512 % | 2,670.4 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2746 % | 3,668.5 |
| SplitShare | 4.76 % | 4.32 % | 76,591 | 3.10 | 5 | -0.2746 % | 4,380.9 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2746 % | 3,418.2 |
| Perpetual-Premium | 5.65 % | 5.55 % | 88,342 | 6.85 | 9 | -0.1098 % | 3,098.2 |
| Perpetual-Discount | 5.55 % | 5.62 % | 49,225 | 14.50 | 25 | -0.7578 % | 3,402.6 |
| FixedReset Disc | 5.86 % | 5.91 % | 114,193 | 13.82 | 29 | -0.0060 % | 3,170.9 |
| Insurance Straight | 5.50 % | 5.56 % | 60,990 | 14.53 | 22 | -0.0894 % | 3,306.1 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0060 % | 3,772.1 |
| FixedReset Prem | 5.95 % | 4.46 % | 89,212 | 2.58 | 19 | -0.2335 % | 2,656.3 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0060 % | 3,241.3 |
| FixedReset Ins Non | 5.28 % | 5.38 % | 78,025 | 14.46 | 14 | -0.1624 % | 3,129.7 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| PWF.PR.S | Perpetual-Discount | -9.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-16 Maturity Price : 20.05 Evaluated at bid price : 20.05 Bid-YTW : 6.01 % |
| ENB.PF.A | FixedReset Disc | -2.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-16 Maturity Price : 22.04 Evaluated at bid price : 22.50 Bid-YTW : 6.31 % |
| GWO.PR.T | Insurance Straight | -2.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-16 Maturity Price : 22.74 Evaluated at bid price : 23.00 Bid-YTW : 5.64 % |
| SLF.PR.G | FixedReset Ins Non | -2.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-16 Maturity Price : 19.40 Evaluated at bid price : 19.40 Bid-YTW : 5.60 % |
| PVS.PR.L | SplitShare | -1.45 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.90 Bid-YTW : 4.78 % |
| IFC.PR.G | FixedReset Ins Non | -1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-16 Maturity Price : 23.52 Evaluated at bid price : 25.10 Bid-YTW : 5.50 % |
| BN.PR.X | FixedReset Disc | -1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-16 Maturity Price : 19.60 Evaluated at bid price : 19.60 Bid-YTW : 6.07 % |
| PWF.PR.K | Perpetual-Discount | -1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-16 Maturity Price : 21.81 Evaluated at bid price : 22.05 Bid-YTW : 5.62 % |
| FFH.PR.K | FixedReset Prem | -1.10 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.20 Bid-YTW : 4.59 % |
| MFC.PR.B | Insurance Straight | -1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-16 Maturity Price : 21.42 Evaluated at bid price : 21.68 Bid-YTW : 5.41 % |
| PWF.PR.R | Perpetual-Discount | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-16 Maturity Price : 24.05 Evaluated at bid price : 24.30 Bid-YTW : 5.67 % |
| GWO.PR.H | Insurance Straight | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-16 Maturity Price : 21.78 Evaluated at bid price : 22.02 Bid-YTW : 5.55 % |
| MFC.PR.Q | FixedReset Ins Non | 1.39 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-19 Maturity Price : 25.00 Evaluated at bid price : 25.45 Bid-YTW : 5.38 % |
| BN.PR.R | FixedReset Disc | 1.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-16 Maturity Price : 21.34 Evaluated at bid price : 21.61 Bid-YTW : 6.01 % |
| GWO.PR.Y | Insurance Straight | 2.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-16 Maturity Price : 20.59 Evaluated at bid price : 20.59 Bid-YTW : 5.52 % |
| BN.PF.E | FixedReset Disc | 4.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-16 Maturity Price : 22.35 Evaluated at bid price : 23.05 Bid-YTW : 5.87 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BN.PF.M | FixedReset Prem | 329,955 | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-01-01 Maturity Price : 25.00 Evaluated at bid price : 26.27 Bid-YTW : 4.70 % |
| PWF.PF.A | Perpetual-Discount | 293,859 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-16 Maturity Price : 20.10 Evaluated at bid price : 20.10 Bid-YTW : 5.62 % |
| CU.PR.K | Perpetual-Premium | 276,747 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-16 Maturity Price : 24.75 Evaluated at bid price : 25.15 Bid-YTW : 5.64 % |
| POW.PR.I | Perpetual-Premium | 268,070 | YTW SCENARIO Maturity Type : Call Maturity Date : 2035-01-15 Maturity Price : 25.00 Evaluated at bid price : 25.25 Bid-YTW : 5.67 % |
| CU.PR.F | Perpetual-Discount | 253,952 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-16 Maturity Price : 21.44 Evaluated at bid price : 21.44 Bid-YTW : 5.33 % |
| IFC.PR.M | Perpetual-Premium | 219,947 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-16 Maturity Price : 24.73 Evaluated at bid price : 25.13 Bid-YTW : 5.55 % |
| There were 48 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 |
| GWO.PR.T | Insurance Straight | Quote: 23.00 – 25.00 Spot Rate : 2.0000 Average : 1.1363 YTW SCENARIO |
| PWF.PR.S | Perpetual-Discount | Quote: 20.05 – 22.43 Spot Rate : 2.3800 Average : 1.5848 YTW SCENARIO |
| BN.PR.T | FixedReset Disc | Quote: 21.40 – 22.75 Spot Rate : 1.3500 Average : 0.7697 YTW SCENARIO |
| BN.PF.M | FixedReset Prem | Quote: 26.27 – 27.27 Spot Rate : 1.0000 Average : 0.6467 YTW SCENARIO |
| ENB.PF.A | FixedReset Disc | Quote: 22.50 – 23.17 Spot Rate : 0.6700 Average : 0.4008 YTW SCENARIO |
| IFC.PR.E | Insurance Straight | Quote: 23.47 – 24.20 Spot Rate : 0.7300 Average : 0.4688 YTW SCENARIO |