| 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 | 0.1488 % | 2,489.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1488 % | 4,721.3 |
| Floater | 5.79 % | 6.04 % | 56,157 | 13.80 | 3 | 0.1488 % | 2,720.9 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0628 % | 3,676.3 |
| SplitShare | 4.75 % | 4.54 % | 77,943 | 3.01 | 5 | -0.0628 % | 4,390.2 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0628 % | 3,425.4 |
| Perpetual-Premium | 5.66 % | 5.59 % | 495,161 | 6.74 | 7 | 0.0453 % | 3,080.5 |
| Perpetual-Discount | 5.58 % | 5.64 % | 49,789 | 14.41 | 27 | -0.2303 % | 3,393.5 |
| FixedReset Disc | 5.93 % | 5.79 % | 119,363 | 13.94 | 28 | 0.3336 % | 3,178.5 |
| Insurance Straight | 5.44 % | 5.54 % | 66,746 | 14.52 | 22 | -0.1217 % | 3,345.7 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3336 % | 3,781.2 |
| FixedReset Prem | 5.95 % | 4.26 % | 88,831 | 2.37 | 20 | 0.2166 % | 2,665.0 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3336 % | 3,249.1 |
| FixedReset Ins Non | 5.24 % | 5.25 % | 83,538 | 14.68 | 14 | 0.0548 % | 3,153.3 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| PWF.PR.Z | Perpetual-Discount | -8.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-19 Maturity Price : 20.90 Evaluated at bid price : 20.90 Bid-YTW : 6.23 % |
| MFC.PR.B | Insurance Straight | -3.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-19 Maturity Price : 21.75 Evaluated at bid price : 22.00 Bid-YTW : 5.37 % |
| POW.PR.D | Perpetual-Discount | -1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-19 Maturity Price : 22.60 Evaluated at bid price : 22.85 Bid-YTW : 5.53 % |
| IFC.PR.F | Insurance Straight | -1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-19 Maturity Price : 23.64 Evaluated at bid price : 23.90 Bid-YTW : 5.62 % |
| GWO.PR.T | Insurance Straight | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-19 Maturity Price : 23.47 Evaluated at bid price : 23.75 Bid-YTW : 5.49 % |
| CU.PR.C | FixedReset Disc | 1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-19 Maturity Price : 24.32 Evaluated at bid price : 24.68 Bid-YTW : 5.25 % |
| GWO.PR.H | Insurance Straight | 1.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-19 Maturity Price : 21.97 Evaluated at bid price : 22.20 Bid-YTW : 5.54 % |
| NA.PR.I | FixedReset Prem | 2.18 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-05-01 Maturity Price : 25.00 Evaluated at bid price : 26.22 Bid-YTW : 5.22 % |
| BN.PR.R | FixedReset Disc | 3.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-19 Maturity Price : 21.63 Evaluated at bid price : 22.00 Bid-YTW : 5.78 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| MFC.PR.M | FixedReset Ins Non | 193,542 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-19 Maturity Price : 23.33 Evaluated at bid price : 25.20 Bid-YTW : 5.18 % |
| GWO.PR.N | FixedReset Ins Non | 115,240 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-19 Maturity Price : 18.46 Evaluated at bid price : 18.46 Bid-YTW : 5.62 % |
| MFC.PR.F | FixedReset Ins Non | 104,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-19 Maturity Price : 18.15 Evaluated at bid price : 18.15 Bid-YTW : 5.79 % |
| MFC.PR.N | FixedReset Ins Non | 99,060 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-19 Maturity Price : 23.01 Evaluated at bid price : 24.37 Bid-YTW : 5.25 % |
| TD.PF.I | FixedReset Prem | 85,475 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-10-31 Maturity Price : 25.00 Evaluated at bid price : 26.30 Bid-YTW : 3.36 % |
| CU.PR.C | FixedReset Disc | 74,849 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-19 Maturity Price : 24.32 Evaluated at bid price : 24.68 Bid-YTW : 5.25 % |
| There were 23 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 |
| PWF.PR.Z | Perpetual-Discount | Quote: 20.90 – 23.10 Spot Rate : 2.2000 Average : 1.2641 YTW SCENARIO |
| MFC.PR.B | Insurance Straight | Quote: 22.00 – 22.82 Spot Rate : 0.8200 Average : 0.4968 YTW SCENARIO |
| ENB.PF.G | FixedReset Disc | Quote: 22.16 – 23.20 Spot Rate : 1.0400 Average : 0.7828 YTW SCENARIO |
| CCS.PR.C | Insurance Straight | Quote: 22.75 – 23.70 Spot Rate : 0.9500 Average : 0.8054 YTW SCENARIO |
| IFC.PR.K | Insurance Straight | Quote: 23.90 – 24.30 Spot Rate : 0.4000 Average : 0.2638 YTW SCENARIO |
| MFC.PR.N | FixedReset Ins Non | Quote: 24.37 – 24.75 Spot Rate : 0.3800 Average : 0.2667 YTW SCENARIO |