| 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 | 0.0000 % | 2,456.0 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0000 % | 4,657.0 |
| Floater | 5.87 % | 6.10 % | 56,366 | 13.74 | 3 | 0.0000 % | 2,683.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0394 % | 3,663.8 |
| SplitShare | 4.76 % | 4.60 % | 83,264 | 3.06 | 5 | 0.0394 % | 4,375.4 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0394 % | 3,413.9 |
| Perpetual-Premium | 5.68 % | 5.65 % | 93,059 | 14.20 | 9 | 0.3328 % | 3,081.3 |
| Perpetual-Discount | 5.55 % | 5.63 % | 49,608 | 14.45 | 25 | 1.0707 % | 3,405.1 |
| FixedReset Disc | 5.87 % | 5.94 % | 109,071 | 13.76 | 29 | -0.0106 % | 3,162.3 |
| Insurance Straight | 5.48 % | 5.56 % | 63,010 | 14.50 | 22 | 0.2639 % | 3,323.1 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0106 % | 3,761.9 |
| FixedReset Prem | 5.98 % | 4.65 % | 96,179 | 2.14 | 19 | -0.0182 % | 2,645.2 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0106 % | 3,232.5 |
| FixedReset Ins Non | 5.28 % | 5.43 % | 77,659 | 14.49 | 14 | 0.7448 % | 3,130.5 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PF.E | FixedReset Disc | -1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-30 Maturity Price : 22.33 Evaluated at bid price : 23.00 Bid-YTW : 5.90 % |
| BN.PF.F | FixedReset Disc | -1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-30 Maturity Price : 23.10 Evaluated at bid price : 24.50 Bid-YTW : 5.91 % |
| POW.PR.C | Perpetual-Premium | 1.15 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-03-01 Maturity Price : 25.00 Evaluated at bid price : 25.54 Bid-YTW : -16.62 % |
| CU.PR.F | Perpetual-Discount | 1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-30 Maturity Price : 20.55 Evaluated at bid price : 20.55 Bid-YTW : 5.58 % |
| POW.PR.D | Perpetual-Discount | 1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-30 Maturity Price : 22.82 Evaluated at bid price : 23.10 Bid-YTW : 5.45 % |
| MFC.PR.Q | FixedReset Ins Non | 1.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-30 Maturity Price : 23.63 Evaluated at bid price : 25.40 Bid-YTW : 5.43 % |
| GWO.PR.Y | Insurance Straight | 1.91 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-30 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 5.48 % |
| GWO.PR.R | Insurance Straight | 1.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-30 Maturity Price : 21.70 Evaluated at bid price : 21.95 Bid-YTW : 5.52 % |
| PWF.PR.T | FixedReset Disc | 2.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-30 Maturity Price : 23.24 Evaluated at bid price : 24.62 Bid-YTW : 5.38 % |
| CU.PR.J | Perpetual-Discount | 3.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-30 Maturity Price : 21.37 Evaluated at bid price : 21.64 Bid-YTW : 5.57 % |
| MFC.PR.F | FixedReset Ins Non | 4.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-30 Maturity Price : 18.90 Evaluated at bid price : 18.90 Bid-YTW : 5.71 % |
| CU.PR.G | Perpetual-Discount | 26.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-30 Maturity Price : 20.90 Evaluated at bid price : 20.90 Bid-YTW : 5.48 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| CU.PR.C | FixedReset Disc | 104,695 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-30 Maturity Price : 23.66 Evaluated at bid price : 24.10 Bid-YTW : 5.57 % |
| ENB.PR.J | FixedReset Disc | 49,562 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-30 Maturity Price : 22.31 Evaluated at bid price : 22.81 Bid-YTW : 6.22 % |
| NA.PR.S | FixedReset Prem | 44,500 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-05-15 Maturity Price : 25.00 Evaluated at bid price : 26.04 Bid-YTW : 4.77 % |
| ENB.PF.E | FixedReset Disc | 40,293 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-30 Maturity Price : 22.09 Evaluated at bid price : 22.62 Bid-YTW : 6.20 % |
| ENB.PR.D | FixedReset Disc | 37,369 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-30 Maturity Price : 21.25 Evaluated at bid price : 21.52 Bid-YTW : 6.27 % |
| ENB.PR.N | FixedReset Disc | 24,107 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-01-30 Maturity Price : 23.28 Evaluated at bid price : 24.65 Bid-YTW : 5.91 % |
| There were 6 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.PF.J | FixedReset Prem | Quote: 25.52 – 26.25 Spot Rate : 0.7300 Average : 0.4417 YTW SCENARIO |
| BN.PF.E | FixedReset Disc | Quote: 23.00 – 23.65 Spot Rate : 0.6500 Average : 0.4307 YTW SCENARIO |
| BIP.PR.E | FixedReset Prem | Quote: 25.56 – 26.25 Spot Rate : 0.6900 Average : 0.5039 YTW SCENARIO |
| ENB.PF.G | FixedReset Disc | Quote: 22.67 – 23.20 Spot Rate : 0.5300 Average : 0.3833 YTW SCENARIO |
| BMO.PR.E | FixedReset Prem | Quote: 26.86 – 27.25 Spot Rate : 0.3900 Average : 0.2512 YTW SCENARIO |
| ENB.PR.B | FixedReset Disc | Quote: 21.32 – 21.68 Spot Rate : 0.3600 Average : 0.2262 YTW SCENARIO |