| 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 | -0.1256 % | 2,451.1 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1256 % | 4,647.6 |
| Floater | 5.88 % | 6.13 % | 55,242 | 13.72 | 3 | -0.1256 % | 2,678.5 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0000 % | 3,667.3 |
| SplitShare | 4.76 % | 4.36 % | 76,907 | 3.09 | 5 | -0.0000 % | 4,379.6 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0000 % | 3,417.1 |
| Perpetual-Premium | 5.66 % | 5.56 % | 86,904 | 14.23 | 9 | -0.1805 % | 3,089.4 |
| Perpetual-Discount | 5.55 % | 5.60 % | 53,373 | 14.51 | 25 | -0.2179 % | 3,403.3 |
| FixedReset Disc | 5.86 % | 5.94 % | 117,917 | 13.81 | 29 | -0.2581 % | 3,171.4 |
| Insurance Straight | 5.51 % | 5.58 % | 63,641 | 14.49 | 22 | -0.5364 % | 3,304.2 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2581 % | 3,772.7 |
| FixedReset Prem | 5.95 % | 4.60 % | 84,974 | 2.17 | 19 | -0.0706 % | 2,656.6 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2581 % | 3,241.8 |
| FixedReset Ins Non | 5.28 % | 5.46 % | 75,609 | 14.44 | 14 | -0.0490 % | 3,132.1 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| MFC.PR.B | Insurance Straight | -5.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-20 Maturity Price : 20.68 Evaluated at bid price : 20.68 Bid-YTW : 5.70 % |
| CU.PR.F | Perpetual-Discount | -3.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-20 Maturity Price : 20.69 Evaluated at bid price : 20.69 Bid-YTW : 5.53 % |
| CU.PR.C | FixedReset Disc | -3.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-20 Maturity Price : 23.45 Evaluated at bid price : 23.90 Bid-YTW : 5.62 % |
| ENB.PR.B | FixedReset Disc | -1.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-20 Maturity Price : 21.10 Evaluated at bid price : 21.10 Bid-YTW : 6.40 % |
| GWO.PR.T | Insurance Straight | -1.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-20 Maturity Price : 22.85 Evaluated at bid price : 23.10 Bid-YTW : 5.62 % |
| GWO.PR.H | Insurance Straight | -1.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-20 Maturity Price : 21.54 Evaluated at bid price : 21.80 Bid-YTW : 5.61 % |
| BN.PF.D | Perpetual-Discount | -1.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-20 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.90 % |
| BN.PF.E | FixedReset Disc | -1.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-20 Maturity Price : 22.36 Evaluated at bid price : 23.05 Bid-YTW : 5.88 % |
| SLF.PR.H | FixedReset Ins Non | -1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-20 Maturity Price : 21.79 Evaluated at bid price : 22.25 Bid-YTW : 5.63 % |
| GWO.PR.I | Insurance Straight | -1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-20 Maturity Price : 20.64 Evaluated at bid price : 20.64 Bid-YTW : 5.51 % |
| FTS.PR.H | FixedReset Disc | 1.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-20 Maturity Price : 19.50 Evaluated at bid price : 19.50 Bid-YTW : 5.63 % |
| POW.PR.B | Perpetual-Discount | 2.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-20 Maturity Price : 23.69 Evaluated at bid price : 24.00 Bid-YTW : 5.60 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| POW.PR.H | Perpetual-Premium | 64,402 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-20 Maturity Price : 24.67 Evaluated at bid price : 25.07 Bid-YTW : 5.76 % |
| PWF.PR.Z | Perpetual-Discount | 52,650 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-20 Maturity Price : 22.79 Evaluated at bid price : 23.05 Bid-YTW : 5.60 % |
| ENB.PR.P | FixedReset Disc | 48,012 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-20 Maturity Price : 22.06 Evaluated at bid price : 22.44 Bid-YTW : 6.25 % |
| FTS.PR.M | FixedReset Disc | 27,883 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-20 Maturity Price : 23.16 Evaluated at bid price : 24.71 Bid-YTW : 5.49 % |
| ENB.PR.J | FixedReset Disc | 27,377 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-20 Maturity Price : 22.37 Evaluated at bid price : 22.91 Bid-YTW : 6.19 % |
| GWO.PR.I | Insurance Straight | 16,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-20 Maturity Price : 20.64 Evaluated at bid price : 20.64 Bid-YTW : 5.51 % |
| There were 7 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.F | Perpetual-Discount | Quote: 20.69 – 21.83 Spot Rate : 1.1400 Average : 0.7353 YTW SCENARIO |
| CU.PR.C | FixedReset Disc | Quote: 23.90 – 24.80 Spot Rate : 0.9000 Average : 0.5219 YTW SCENARIO |
| MFC.PR.B | Insurance Straight | Quote: 20.68 – 21.85 Spot Rate : 1.1700 Average : 0.8311 YTW SCENARIO |
| SLF.PR.H | FixedReset Ins Non | Quote: 22.25 – 23.00 Spot Rate : 0.7500 Average : 0.5203 YTW SCENARIO |
| ENB.PR.P | FixedReset Disc | Quote: 22.44 – 22.90 Spot Rate : 0.4600 Average : 0.2677 YTW SCENARIO |
| BIP.PR.F | FixedReset Disc | Quote: 25.70 – 26.25 Spot Rate : 0.5500 Average : 0.3827 YTW SCENARIO |