| 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 | 0.1006 % | 2,453.5 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1006 % | 4,652.3 |
| Floater | 5.87 % | 6.13 % | 54,386 | 13.71 | 3 | 0.1006 % | 2,681.1 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0236 % | 3,667.6 |
| SplitShare | 4.76 % | 4.27 % | 79,497 | 3.08 | 5 | -0.0236 % | 4,379.9 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0236 % | 3,417.4 |
| Perpetual-Premium | 5.67 % | 5.63 % | 85,610 | 14.23 | 9 | 0.1813 % | 3,087.6 |
| Perpetual-Discount | 5.55 % | 5.59 % | 53,209 | 14.50 | 25 | 0.2810 % | 3,407.2 |
| FixedReset Disc | 5.88 % | 5.98 % | 117,552 | 13.74 | 29 | 0.1089 % | 3,158.7 |
| Insurance Straight | 5.49 % | 5.55 % | 64,086 | 14.54 | 22 | 0.3202 % | 3,317.3 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1089 % | 3,757.7 |
| FixedReset Prem | 5.97 % | 4.49 % | 90,732 | 2.57 | 19 | -0.1777 % | 2,650.2 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1089 % | 3,228.9 |
| FixedReset Ins Non | 5.28 % | 5.42 % | 74,818 | 14.44 | 14 | -0.4304 % | 3,132.2 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| IFC.PR.C | FixedReset Ins Non | -3.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-22 Maturity Price : 23.28 Evaluated at bid price : 23.95 Bid-YTW : 5.74 % |
| CU.PR.C | FixedReset Disc | -3.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-22 Maturity Price : 23.45 Evaluated at bid price : 23.90 Bid-YTW : 5.62 % |
| TD.PF.J | FixedReset Prem | -2.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-22 Maturity Price : 23.52 Evaluated at bid price : 25.00 Bid-YTW : 5.59 % |
| NA.PR.C | FixedReset Prem | -1.40 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 26.02 Bid-YTW : 4.45 % |
| NA.PR.K | FixedReset Prem | -1.06 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-05-01 Maturity Price : 25.00 Evaluated at bid price : 28.00 Bid-YTW : 4.30 % |
| SLF.PR.H | FixedReset Ins Non | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-22 Maturity Price : 21.79 Evaluated at bid price : 22.25 Bid-YTW : 5.64 % |
| NA.PR.E | FixedReset Prem | 1.06 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-05-15 Maturity Price : 25.00 Evaluated at bid price : 25.80 Bid-YTW : 4.22 % |
| ENB.PF.G | FixedReset Disc | 1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-22 Maturity Price : 22.16 Evaluated at bid price : 22.77 Bid-YTW : 6.24 % |
| ENB.PR.B | FixedReset Disc | 1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-22 Maturity Price : 21.36 Evaluated at bid price : 21.36 Bid-YTW : 6.33 % |
| BN.PF.D | Perpetual-Discount | 1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-22 Maturity Price : 21.28 Evaluated at bid price : 21.28 Bid-YTW : 5.82 % |
| GWO.PR.H | Insurance Straight | 1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-22 Maturity Price : 21.86 Evaluated at bid price : 22.10 Bid-YTW : 5.53 % |
| PWF.PR.F | Perpetual-Discount | 1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-22 Maturity Price : 23.23 Evaluated at bid price : 23.53 Bid-YTW : 5.59 % |
| PWF.PR.G | Perpetual-Premium | 1.85 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-02-21 Maturity Price : 25.00 Evaluated at bid price : 25.30 Bid-YTW : -10.32 % |
| BN.PR.R | FixedReset Disc | 2.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-22 Maturity Price : 21.48 Evaluated at bid price : 21.80 Bid-YTW : 5.96 % |
| POW.PR.G | Perpetual-Discount | 2.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-22 Maturity Price : 24.55 Evaluated at bid price : 24.80 Bid-YTW : 5.68 % |
| MFC.PR.B | Insurance Straight | 5.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-22 Maturity Price : 21.59 Evaluated at bid price : 21.85 Bid-YTW : 5.37 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BN.PR.X | FixedReset Disc | 208,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-22 Maturity Price : 19.59 Evaluated at bid price : 19.59 Bid-YTW : 6.08 % |
| MFC.PR.L | FixedReset Ins Non | 197,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-22 Maturity Price : 23.27 Evaluated at bid price : 24.85 Bid-YTW : 5.24 % |
| CU.PR.K | Perpetual-Premium | 139,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-22 Maturity Price : 24.80 Evaluated at bid price : 25.20 Bid-YTW : 5.63 % |
| BN.PF.I | FixedReset Prem | 135,900 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.35 Bid-YTW : 4.49 % |
| BN.PR.T | FixedReset Disc | 117,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-22 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 6.04 % |
| FTS.PR.M | FixedReset Disc | 104,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-22 Maturity Price : 23.14 Evaluated at bid price : 24.66 Bid-YTW : 5.51 % |
| CU.PR.H | Perpetual-Discount | 103,204 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-22 Maturity Price : 24.00 Evaluated at bid price : 24.25 Bid-YTW : 5.49 % |
| There were 13 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 |
| BN.PR.T | FixedReset Disc | Quote: 21.40 – 22.68 Spot Rate : 1.2800 Average : 0.9477 YTW SCENARIO |
| CU.PR.C | FixedReset Disc | Quote: 23.90 – 24.80 Spot Rate : 0.9000 Average : 0.6194 YTW SCENARIO |
| TD.PF.J | FixedReset Prem | Quote: 25.00 – 25.90 Spot Rate : 0.9000 Average : 0.6255 YTW SCENARIO |
| GWO.PR.S | Insurance Straight | Quote: 23.82 – 24.50 Spot Rate : 0.6800 Average : 0.4181 YTW SCENARIO |
| IFC.PR.C | FixedReset Ins Non | Quote: 23.95 – 24.95 Spot Rate : 1.0000 Average : 0.7837 YTW SCENARIO |
| ENB.PR.A | Perpetual-Discount | Quote: 24.86 – 25.49 Spot Rate : 0.6300 Average : 0.4184 YTW SCENARIO |