| 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< br>Value |
Median Mod Dur (YTW) |
Issues | Day’s Perf. | Index Value |
| Ratchet | 0.00 % | 0.00 % | 0 | 0.0 0 |
0 | -0.0988 % | 2,494.2 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0988 % | 4,729.5 |
| Floater | 5.78 % | 6.03 % | 57,889 | 13.81 | 3 | -0.0988 % | 2,725.6 |
| OpRet | 0.00 % | 0.0 0 % |
0 | 0.00 | 0 | -0.0785 % | 3,674.8 |
| SplitShare | 4.75 % | 4.49 % | 81,452 | 3.02 | 5 | -0.0785 % | 4,388.5 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0785 % | 3,424.1 |
| P erpetual-Premium |
5.68 % | 5.67 % | 513,996 | 14.11 | 7 | 0.1537 % | 3,069.6 |
| Perpetual-Discount | 5.58 % | 5.64 % | 50,140 | 14.38 | 27 | 0.3298 % | 3,396.5 |
| FixedReset Disc | 5.91 % | 5.82 % | 112,636 | 13.9 0 |
28 | 0.2951 % | 3,187.4 |
| Insurance Straight | 5.45 % | 5.55 % | 66,260 | 14.50 | 22 | -0.1182 % | 3,334.9 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2951 % | 3,791.7 |
| FixedReset Prem | 5.97 % | 4.47 % | 84,766 | 2.38 | 20 | -0.0403 % | 2,655.1 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2951 % | 3,258.1 |
| FixedReset Ins Non | 5.29 % | 5.36 % | 76,402 | 14.53 | 14 | -0.0 184 % |
3,125.3 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| NA.PR.I | FixedReset Prem | -3.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-13 Maturity Price : 23.50 Evaluated at bid price : 25.46 Bid-YTW : 5.63 % |
| POW.PR.D | Perpetual-Discount | -1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-13 Maturity Price : 22.46 Evaluated at bid price : 22.72 Bid-YTW : 5.56 % |
| MFC.PR.B | Insurance Straight | -1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-13 Maturity Price : 21.75 Evaluated at bid price : 22.00 Bid-YTW : 5.36 % |
| PWF.PR.T | FixedReset Disc | 1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-13 Maturity Price : 23.30 Evaluated at bid price : 24.75 Bid-YTW : 5.25 % |
| POW.PR.C | Perpetual-Premium | 1.74 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-03-15 Maturity Price : 25.00 Evaluated at bid price : 25.74 Bid-YTW : -22.76 % |
| FTS.PR.J | Perpetual-Discount | 1.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-13 Maturity Price : 22.32 Evaluated at bid price : 22.59 Bid-YTW : 5.35 % |
| CU.PR.C | FixedReset Disc | 1.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-13 Maturity Price : 23.95 Evaluated at bid price : 24.36 Bid-YTW : 5.31 % |
| CU.PR.H | Perpetual-Discount | 7.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-13 Maturity Price : 23.69 Evaluated at bid price : 23.99 Bid-YTW : 5.47 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| E NB.PR.B |
FixedReset Disc | 64,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-13 Maturity Price : 21.45 Evaluated at bid price : 21.45 Bid-YTW : 6.18 % |
| CU.PR.J | Perpetual-Discount | 50,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-13 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 5.54 % |
| IFC.PR.C | FixedReset Ins Non | 39,913 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-13 Maturity Price : 23.05 Evaluated at bid price : 23.75 Bid-YTW : 5.67 % |
| CU.PR.K | Perpetual-Premium | 19,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-13 Maturity Price : 24.33 Evaluated at bid price : 24.71 Bid-YTW : 5.67 % |
| SLF.PR.D | Insurance Straight | 17,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-13 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 5.28 % |
| NA.PR.S | FixedReset Prem | 16,200 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-05-15 Maturity Price : 25.00 Evaluated at bid price : 26.10 Bid-YTW : 4.75 % |
| There were 8 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| See TMX DataLinx: ‘Last’ != ‘Close’ and the posts linked th erein for an idea of why these quotes are so horrible. |
||
| Issue | Index | Quote Data and Yield Notes |
| NA.PR.I | FixedReset Prem | Quote: 25.46 – 26.46 Spot Rate : 1.0000 Average : 0.6190 YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-13 Maturity Price : 23.50 Evaluated at bid price : 25.46 Bid-YTW : 5.63 % |
| BN.PR.B | Floater | Quote: 13.12 – 13.87 Spot Rate : 0.7500 Average : 0.4525 YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-13 Maturity Price : 13.12 Evaluated at bid price : 13.12 Bid-YTW : 6.03 % |
| CU.PR.G | Perpetual-Discount | Quote: 20.47 – 21.23 Spot Rate : 0.7600 Average : 0.4935 YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-13 Maturity Price : 20.47 Evaluated at bid price : 20.47 Bid-YTW : 5.52 % |
| BN.PF.I | FixedReset Prem | Quote: 25.65 – 26.65 Spot Rate : 1.0000 Average : 0.8116 YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.65 Bid-YTW : 3.64 % |
| POW.PR.G | Perpetual-Discount | Quote: 24.41 – 24.92 Spot Rate : 0.5100 Average : 0.3275 YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-13 Maturity Price : 24.16 Evaluated at bid price : 24.41 Bid-YTW : 5.80 % |
| MFC.PR.Q | FixedReset Ins Non | Quote: 25.30 – 25.79 Spot Rate : 0.4900 Average : 0.3244 YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-13 Maturity Price : 23.61 Evaluated at bid price : 25.30 Bid-YTW : 5.36 % |