| HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
|||||||
| 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 | -0.0499 % | 2,468.3 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0499 % | 4,680.4 |
| Floater | 5.84 % | 6.08 % | 57,121 | 13.76 | 3 | -0.0499 % | 2,697.3 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1731 % | 3,672.8 |
| SplitShare | 4.75 % | 4.54 % | 87,447 | 3.05 | 5 | 0.1731 % | 4,386.1 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1731 % | 3,422.2 |
| Perpetual-Premium | 5.66 % | 5.55 % | 609,317 | 6.79 | 7 | 0.0340 % | 3,084.1 |
| Perpetual-Discount | 5.56 % | 5.62 % | 50,646 | 14.43 | 27 | -0.0798 % | 3,408.1 |
| FixedReset Disc | 5.93 % | 5.99 % | 112,487 | 13.73 | 28 | 0.3492 % | 3,179.7 |
| Insurance Straight | 5.46 % | 5.56 % | 70,341 | 14.52 | 22 | -0.0138 % | 3,330.4 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3492 % | 3,782.6 |
| FixedReset Prem | 5.97 % | 4.29 % | 85,766 | 2.53 | 20 | 0.1134 % | 2,653.8 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3492 % | 3,250.3 |
| FixedReset Ins Non | 5.27 % | 5.46 % | 77,123 | 14.53 | 14 | 0.4430 % | 3,135.0 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CU.PR.J | Perpetual-Discount | -3.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-04 Maturity Price : 21.01 Evaluated at bid price : 21.01 Bid-YTW : 5.76 % |
| GWO.PR.L | Insurance Straight | -3.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-04 Maturity Price : 23.91 Evaluated at bid price : 24.15 Bid-YTW : 5.92 % |
| IFC.PR.C | FixedReset Ins Non | -3.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-04 Maturity Price : 23.05 Evaluated at bid price : 23.74 Bid-YTW : 5.83 % |
| CU.PR.G | Perpetual-Discount | -1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-04 Maturity Price : 20.75 Evaluated at bid price : 20.75 Bid-YTW : 5.53 % |
| CU.PR.F | Perpetual-Discount | -1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-04 Maturity Price : 20.45 Evaluated at bid price : 20.45 Bid-YTW : 5.61 % |
| IFC.PR.I | Insurance Straight | 1.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-04 Maturity Price : 24.16 Evaluated at bid price : 24.45 Bid-YTW : 5.58 % |
| MFC.PR.K | FixedReset Ins Non | 2.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-04 Maturity Price : 23.66 Evaluated at bid price : 25.66 Bid-YTW : 5.19 % |
| SLF.PR.G | FixedReset Ins Non | 2.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-04 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 5.53 % |
| POW.PR.D | Perpetual-Discount | 3.75 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-04 Maturity Price : 22.97 Evaluated at bid price : 23.24 Bid-YTW : 5.42 % |
| PWF.PR.T | FixedReset Disc | 4.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-04 Maturity Price : 23.39 Evaluated at bid price : 25.03 Bid-YTW : 5.30 % |
| MFC.PR.F | FixedReset Ins Non | 5.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-04 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 5.73 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| MFC.PR.Q | FixedReset Ins Non | 76,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-04 Maturity Price : 23.64 Evaluated at bid price : 25.42 Bid-YTW : 5.46 % |
| BN.PF.M | FixedReset Prem | 54,700 | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-01-01 Maturity Price : 25.00 Evaluated at bid price : 26.15 Bid-YTW : 4.86 % |
| NA.PR.G | FixedReset Prem | 45,700 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-11-16 Maturity Price : 25.00 Evaluated at bid price : 26.58 Bid-YTW : 4.57 % |
| BN.PF.F | FixedReset Disc | 44,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-04 Maturity Price : 23.18 Evaluated at bid price : 24.71 Bid-YTW : 5.88 % |
| ENB.PF.A | FixedReset Disc | 38,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-04 Maturity Price : 22.24 Evaluated at bid price : 22.80 Bid-YTW : 6.26 % |
| IFC.PR.C | FixedReset Ins Non | 31,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-04 Maturity Price : 23.05 Evaluated at bid price : 23.74 Bid-YTW : 5.83 % |
| There were 11 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.Z | FixedReset Disc | Quote: 24.83 – 26.00 Spot Rate : 1.1700 Average : 0.6535 YTW SCENARIO |
| GWO.PR.L | Insurance Straight | Quote: 24.15 – 25.11 Spot Rate : 0.9600 Average : 0.5671 YTW SCENARIO |
| CU.PR.J | Perpetual-Discount | Quote: 21.01 – 22.08 Spot Rate : 1.0700 Average : 0.7263 YTW SCENARIO |
| IFC.PR.C | FixedReset Ins Non | Quote: 23.74 – 24.74 Spot Rate : 1.0000 Average : 0.8026 YTW SCENARIO |
| CIU.PR.A | Perpetual-Discount | Quote: 21.01 – 21.40 Spot Rate : 0.3900 Average : 0.2562 YTW SCENARIO |
| BN.PR.R | FixedReset Disc | Quote: 21.80 – 22.25 Spot Rate : 0.4500 Average : 0.3755 YTW SCENARIO |