| 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 | 0.1761 % | 2,456.0 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1761 % | 4,657.0 |
| Floater | 5.87 % | 6.09 % | 56,755 | 13.75 | 3 | 0.1761 % | 2,683.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0394 % | 3,662.4 |
| SplitShare | 4.77 % | 4.63 % | 82,609 | 3.06 | 5 | 0.0394 % | 4,373.7 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0394 % | 3,412.5 |
| Perpetual-Premium | 5.70 % | 5.71 % | 90,299 | 14.16 | 9 | 0.0089 % | 3,071.1 |
| Perpetual-Discount | 5.61 % | 5.65 % | 48,709 | 14.38 | 25 | -0.6592 % | 3,369.1 |
| FixedReset Disc | 5.87 % | 5.95 % | 108,761 | 13.74 | 29 | -0.1311 % | 3,162.6 |
| Insurance Straight | 5.49 % | 5.58 % | 63,318 | 14.47 | 22 | 0.3284 % | 3,314.4 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1311 % | 3,762.2 |
| FixedReset Prem | 5.98 % | 4.56 % | 95,555 | 2.14 | 19 | 0.0750 % | 2,645.7 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1311 % | 3,232.8 |
| FixedReset Ins Non | 5.32 % | 5.52 % | 76,616 | 14.46 | 14 | 0.0402 % | 3,107.3 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CU.PR.G | Perpetual-Discount | -20.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-29 Maturity Price : 16.50 Evaluated at bid price : 16.50 Bid-YTW : 6.97 % |
| PWF.PR.T | FixedReset Disc | -3.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-29 Maturity Price : 22.98 Evaluated at bid price : 24.01 Bid-YTW : 5.54 % |
| MFC.PR.Q | FixedReset Ins Non | -1.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-29 Maturity Price : 23.48 Evaluated at bid price : 24.95 Bid-YTW : 5.55 % |
| GWO.PR.Y | Insurance Straight | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-29 Maturity Price : 20.41 Evaluated at bid price : 20.41 Bid-YTW : 5.58 % |
| ENB.PR.A | Perpetual-Discount | 1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-29 Maturity Price : 24.55 Evaluated at bid price : 24.80 Bid-YTW : 5.63 % |
| MFC.PR.L | FixedReset Ins Non | 1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-29 Maturity Price : 23.23 Evaluated at bid price : 24.75 Bid-YTW : 5.26 % |
| GWO.PR.P | Insurance Straight | 1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-29 Maturity Price : 24.03 Evaluated at bid price : 24.28 Bid-YTW : 5.62 % |
| POW.PR.C | Perpetual-Premium | 1.41 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-02-28 Maturity Price : 25.00 Evaluated at bid price : 25.25 Bid-YTW : -3.60 % |
| SLF.PR.G | FixedReset Ins Non | 1.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-29 Maturity Price : 19.69 Evaluated at bid price : 19.69 Bid-YTW : 5.52 % |
| POW.PR.G | Perpetual-Discount | 1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-29 Maturity Price : 24.21 Evaluated at bid price : 24.50 Bid-YTW : 5.76 % |
| MFC.PR.B | Insurance Straight | 6.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-29 Maturity Price : 21.67 Evaluated at bid price : 21.92 Bid-YTW : 5.36 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| CU.PR.C | FixedReset Disc | 100,015 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-29 Maturity Price : 23.83 Evaluated at bid price : 24.25 Bid-YTW : 5.54 % |
| BMO.PR.E | FixedReset Prem | 27,170 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-11-25 Maturity Price : 25.00 Evaluated at bid price : 27.22 Bid-YTW : 3.95 % |
| GWO.PR.N | FixedReset Ins Non | 25,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-29 Maturity Price : 18.48 Evaluated at bid price : 18.48 Bid-YTW : 5.72 % |
| BIP.PR.F | FixedReset Disc | 21,563 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-29 Maturity Price : 23.55 Evaluated at bid price : 25.46 Bid-YTW : 5.82 % |
| PVS.PR.L | SplitShare | 20,600 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.86 Bid-YTW : 4.86 % |
| ENB.PR.P | FixedReset Disc | 20,225 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-29 Maturity Price : 22.11 Evaluated at bid price : 22.50 Bid-YTW : 6.23 % |
| There were 4 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.G | Perpetual-Discount | Quote: 16.50 – 21.23 Spot Rate : 4.7300 Average : 3.5344 YTW SCENARIO |
| GWO.PR.T | Insurance Straight | Quote: 23.40 – 25.00 Spot Rate : 1.6000 Average : 1.1962 YTW SCENARIO |
| BIP.PR.F | FixedReset Disc | Quote: 25.46 – 26.25 Spot Rate : 0.7900 Average : 0.5266 YTW SCENARIO |
| PWF.PR.T | FixedReset Disc | Quote: 24.01 – 24.85 Spot Rate : 0.8400 Average : 0.6281 YTW SCENARIO |
| MFC.PR.Q | FixedReset Ins Non | Quote: 24.95 – 25.47 Spot Rate : 0.5200 Average : 0.3160 YTW SCENARIO |
| MFC.PR.C | Insurance Straight | Quote: 21.68 – 22.45 Spot Rate : 0.7700 Average : 0.5703 YTW SCENARIO |