| 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 | 0.4268 % | 2,466.5 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4268 % | 4,676.9 |
| Floater | 5.84 % | 6.06 % | 54,162 | 13.79 | 3 | 0.4268 % | 2,695.3 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0394 % | 3,665.3 |
| SplitShare | 4.76 % | 4.57 % | 89,919 | 3.05 | 5 | 0.0394 % | 4,377.1 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0394 % | 3,415.2 |
| Perpetual-Premium | 5.66 % | 5.54 % | 656,479 | 6.80 | 7 | -0.0170 % | 3,080.8 |
| Perpetual-Discount | 5.64 % | 5.64 % | 51,560 | 14.41 | 27 | -1.2789 % | 3,361.6 |
| FixedReset Disc | 5.87 % | 5.97 % | 105,125 | 13.72 | 28 | -0.1616 % | 3,157.2 |
| Insurance Straight | 5.47 % | 5.55 % | 65,905 | 14.50 | 22 | 0.0000 % | 3,323.1 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1616 % | 3,755.8 |
| FixedReset Prem | 6.00 % | 4.56 % | 92,351 | 2.58 | 20 | -0.0385 % | 2,644.2 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1616 % | 3,227.3 |
| FixedReset Ins Non | 5.33 % | 5.52 % | 74,651 | 14.31 | 14 | -0.9785 % | 3,099.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| POW.PR.G | Perpetual-Discount | -23.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 18.93 Evaluated at bid price : 18.93 Bid-YTW : 7.50 % |
| PWF.PR.Z | Perpetual-Discount | -8.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 20.90 Evaluated at bid price : 20.90 Bid-YTW : 6.21 % |
| ENB.PF.C | FixedReset Disc | -6.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 21.07 Evaluated at bid price : 21.07 Bid-YTW : 6.73 % |
| PWF.PR.K | Perpetual-Discount | -5.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 20.79 Evaluated at bid price : 20.79 Bid-YTW : 6.00 % |
| MFC.PR.F | FixedReset Ins Non | -4.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 18.11 Evaluated at bid price : 18.11 Bid-YTW : 6.01 % |
| MFC.PR.L | FixedReset Ins Non | -3.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 22.91 Evaluated at bid price : 23.97 Bid-YTW : 5.50 % |
| ENB.PR.B | FixedReset Disc | -3.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 20.60 Evaluated at bid price : 20.60 Bid-YTW : 6.60 % |
| TD.PF.J | FixedReset Prem | -3.15 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-04-30 Maturity Price : 25.00 Evaluated at bid price : 25.20 Bid-YTW : 5.43 % |
| SLF.PR.D | Insurance Straight | -2.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 20.87 Evaluated at bid price : 20.87 Bid-YTW : 5.40 % |
| SLF.PR.G | FixedReset Ins Non | -2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 19.40 Evaluated at bid price : 19.40 Bid-YTW : 5.64 % |
| MFC.PR.J | FixedReset Ins Non | -2.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 23.55 Evaluated at bid price : 24.99 Bid-YTW : 5.65 % |
| BN.PF.D | Perpetual-Discount | -1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.91 % |
| ENB.PR.J | FixedReset Disc | -1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 22.11 Evaluated at bid price : 22.50 Bid-YTW : 6.35 % |
| IFC.PR.A | FixedReset Ins Non | -1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 21.36 Evaluated at bid price : 21.36 Bid-YTW : 5.55 % |
| CU.PR.H | Perpetual-Discount | 1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 24.46 Evaluated at bid price : 24.70 Bid-YTW : 5.40 % |
| GWO.PR.H | Insurance Straight | 1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 21.91 Evaluated at bid price : 22.15 Bid-YTW : 5.53 % |
| IFC.PR.K | Insurance Straight | 1.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 23.17 Evaluated at bid price : 23.60 Bid-YTW : 5.61 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| PWF.PF.A | Perpetual-Discount | 48,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 20.22 Evaluated at bid price : 20.22 Bid-YTW : 5.61 % |
| IFC.PR.E | Insurance Straight | 37,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 23.27 Evaluated at bid price : 23.55 Bid-YTW : 5.58 % |
| ENB.PR.F | FixedReset Disc | 35,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 21.59 Evaluated at bid price : 22.00 Bid-YTW : 6.32 % |
| CM.PR.S | FixedReset Prem | 33,100 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-01-31 Maturity Price : 25.00 Evaluated at bid price : 25.85 Bid-YTW : 4.14 % |
| CU.PR.H | Perpetual-Discount | 22,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 24.46 Evaluated at bid price : 24.70 Bid-YTW : 5.40 % |
| CU.PR.K | Perpetual-Premium | 22,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-02 Maturity Price : 24.81 Evaluated at bid price : 25.21 Bid-YTW : 5.64 % |
| 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 |
| POW.PR.G | Perpetual-Discount | Quote: 18.93 – 25.00 Spot Rate : 6.0700 Average : 3.3264 YTW SCENARIO |
| PWF.PR.Z | Perpetual-Discount | Quote: 20.90 – 23.17 Spot Rate : 2.2700 Average : 1.3243 YTW SCENARIO |
| ENB.PF.C | FixedReset Disc | Quote: 21.07 – 22.85 Spot Rate : 1.7800 Average : 1.0521 YTW SCENARIO |
| PWF.PR.K | Perpetual-Discount | Quote: 20.79 – 22.22 Spot Rate : 1.4300 Average : 0.8539 YTW SCENARIO |
| TD.PF.J | FixedReset Prem | Quote: 25.20 – 26.25 Spot Rate : 1.0500 Average : 0.6524 YTW SCENARIO |
| MFC.PR.L | FixedReset Ins Non | Quote: 23.97 – 24.97 Spot Rate : 1.0000 Average : 0.6029 YTW SCENARIO |