| 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 | -0.3762 % | 2,449.2 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.3762 % | 4,644.1 |
| Floater | 5.88 % | 6.11 % | 55,807 | 13.73 | 3 | -0.3762 % | 2,676.4 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0316 % | 3,659.5 |
| SplitShare | 4.77 % | 4.64 % | 84,814 | 3.07 | 5 | 0.0316 % | 4,370.2 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0316 % | 3,409.8 |
| Perpetual-Premium | 5.72 % | 5.68 % | 90,560 | 14.19 | 9 | -0.6238 % | 3,061.0 |
| Perpetual-Discount | 5.60 % | 5.63 % | 48,990 | 14.46 | 25 | 0.4351 % | 3,375.2 |
| FixedReset Disc | 5.88 % | 5.96 % | 111,438 | 13.74 | 29 | 0.0665 % | 3,160.9 |
| Insurance Straight | 5.50 % | 5.59 % | 63,015 | 14.48 | 22 | -0.1785 % | 3,310.2 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0665 % | 3,760.2 |
| FixedReset Prem | 5.97 % | 4.44 % | 94,613 | 2.15 | 19 | 0.5744 % | 2,646.7 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0665 % | 3,231.1 |
| FixedReset Ins Non | 5.32 % | 5.45 % | 73,960 | 14.44 | 14 | -0.5349 % | 3,107.2 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| PWF.PR.O | Perpetual-Premium | -6.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 23.17 Evaluated at bid price : 23.43 Bid-YTW : 6.22 % |
| MFC.PR.F | FixedReset Ins Non | -4.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 18.09 Evaluated at bid price : 18.09 Bid-YTW : 5.96 % |
| GWO.PR.G | Insurance Straight | -3.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 22.49 Evaluated at bid price : 22.75 Bid-YTW : 5.77 % |
| CU.PR.C | FixedReset Disc | -2.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 23.45 Evaluated at bid price : 23.90 Bid-YTW : 5.62 % |
| POW.PR.G | Perpetual-Discount | -2.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 23.91 Evaluated at bid price : 24.15 Bid-YTW : 5.84 % |
| GWO.PR.M | Insurance Straight | -1.53 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-02-26 Maturity Price : 25.00 Evaluated at bid price : 25.11 Bid-YTW : 5.70 % |
| IFC.PR.C | FixedReset Ins Non | -1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 23.02 Evaluated at bid price : 23.70 Bid-YTW : 5.80 % |
| FTS.PR.H | FixedReset Disc | -1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 19.23 Evaluated at bid price : 19.23 Bid-YTW : 5.71 % |
| NA.PR.E | FixedReset Prem | -1.12 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-05-15 Maturity Price : 25.00 Evaluated at bid price : 25.51 Bid-YTW : 4.78 % |
| MFC.PR.L | FixedReset Ins Non | -1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 23.17 Evaluated at bid price : 24.59 Bid-YTW : 5.30 % |
| BN.PF.F | FixedReset Disc | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 23.20 Evaluated at bid price : 24.75 Bid-YTW : 5.84 % |
| ENB.PR.J | FixedReset Disc | 1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 22.27 Evaluated at bid price : 22.75 Bid-YTW : 6.24 % |
| GWO.PR.Y | Insurance Straight | 1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 20.68 Evaluated at bid price : 20.68 Bid-YTW : 5.51 % |
| POW.PR.H | Perpetual-Premium | 2.48 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2034-10-15 Maturity Price : 25.00 Evaluated at bid price : 25.21 Bid-YTW : 5.70 % |
| CU.PR.J | Perpetual-Discount | 2.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 21.62 Evaluated at bid price : 21.62 Bid-YTW : 5.59 % |
| BN.PF.E | FixedReset Disc | 2.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 22.33 Evaluated at bid price : 23.00 Bid-YTW : 5.89 % |
| PWF.PR.K | Perpetual-Discount | 3.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 21.81 Evaluated at bid price : 22.05 Bid-YTW : 5.63 % |
| ENB.PR.T | FixedReset Disc | 3.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 22.60 Evaluated at bid price : 23.35 Bid-YTW : 6.09 % |
| PWF.PR.T | FixedReset Disc | 4.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 23.32 Evaluated at bid price : 24.83 Bid-YTW : 5.32 % |
| NA.PR.K | FixedReset Prem | 10.64 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-05-01 Maturity Price : 25.00 Evaluated at bid price : 27.66 Bid-YTW : 4.15 % |
| CU.PR.G | Perpetual-Discount | 13.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 16.50 Evaluated at bid price : 16.50 Bid-YTW : 6.96 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| NA.PR.C | FixedReset Prem | 84,420 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 26.20 Bid-YTW : 4.07 % |
| ENB.PR.N | FixedReset Disc | 20,578 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 23.14 Evaluated at bid price : 24.32 Bid-YTW : 6.00 % |
| POW.PR.H | Perpetual-Premium | 19,267 | YTW SCENARIO Maturity Type : Call Maturity Date : 2034-10-15 Maturity Price : 25.00 Evaluated at bid price : 25.21 Bid-YTW : 5.70 % |
| PWF.PR.H | Perpetual-Premium | 15,450 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 24.60 Evaluated at bid price : 24.85 Bid-YTW : 5.81 % |
| ENB.PR.P | FixedReset Disc | 13,870 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 22.04 Evaluated at bid price : 22.40 Bid-YTW : 6.26 % |
| CU.PR.K | Perpetual-Premium | 12,981 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-27 Maturity Price : 24.72 Evaluated at bid price : 25.12 Bid-YTW : 5.66 % |
| There were 5 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.O | Perpetual-Premium | Quote: 23.43 – 25.28 Spot Rate : 1.8500 Average : 1.0624 YTW SCENARIO |
| CU.PR.G | Perpetual-Discount | Quote: 16.50 – 21.23 Spot Rate : 4.7300 Average : 4.2226 YTW SCENARIO |
| GWO.PR.G | Insurance Straight | Quote: 22.75 – 23.75 Spot Rate : 1.0000 Average : 0.6083 YTW SCENARIO |
| GWO.PR.Z | Insurance Straight | Quote: 25.13 – 26.13 Spot Rate : 1.0000 Average : 0.6858 YTW SCENARIO |
| POW.PR.G | Perpetual-Discount | Quote: 24.15 – 24.96 Spot Rate : 0.8100 Average : 0.5084 YTW SCENARIO |
| CU.PR.C | FixedReset Disc | Quote: 23.90 – 24.78 Spot Rate : 0.8800 Average : 0.5868 YTW SCENARIO |