| 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 | -0.3219 % | 2,481.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.3219 % | 4,706.1 |
| Floater | 5.80 % | 6.05 % | 57,998 | 13.77 | 3 | -0.3219 % | 2,712.1 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.2009 % | 3,632.1 |
| SplitShare | 4.81 % | 5.11 % | 77,363 | 3.00 | 5 | -1.2009 % | 4,337.5 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.2009 % | 3,384.3 |
| Perpetual-Premium | 5.66 % | 5.58 % | 477,279 | 6.74 | 7 | 0.0963 % | 3,083.4 |
| Perpetual-Discount | 5.57 % | 5.62 % | 47,821 | 14.40 | 27 | 0.2161 % | 3,400.9 |
| FixedReset Disc | 5.92 % | 5.78 % | 126,318 | 13.93 | 28 | 0.1389 % | 3,182.9 |
| Insurance Straight | 5.42 % | 5.53 % | 66,460 | 14.53 | 22 | 0.3518 % | 3,357.5 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1389 % | 3,786.4 |
| FixedReset Prem | 5.94 % | 4.25 % | 86,488 | 2.37 | 20 | 0.1989 % | 2,670.3 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1389 % | 3,253.6 |
| FixedReset Ins Non | 5.24 % | 5.22 % | 82,998 | 14.68 | 14 | 0.1127 % | 3,156.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| PVS.PR.K | SplitShare | -1.79 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2029-05-31 Maturity Price : 25.00 Evaluated at bid price : 24.76 Bid-YTW : 5.11 % |
| PVS.PR.L | SplitShare | -1.50 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.65 Bid-YTW : 5.16 % |
| PVS.PR.M | SplitShare | -1.36 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2031-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.37 Bid-YTW : 5.09 % |
| PWF.PR.R | Perpetual-Discount | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-20 Maturity Price : 23.95 Evaluated at bid price : 24.20 Bid-YTW : 5.73 % |
| BN.PR.M | Perpetual-Discount | -1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-20 Maturity Price : 20.75 Evaluated at bid price : 20.75 Bid-YTW : 5.82 % |
| BN.PF.I | FixedReset Prem | 1.06 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.77 Bid-YTW : 3.27 % |
| BN.PF.A | FixedReset Prem | 1.12 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-30 Maturity Price : 25.00 Evaluated at bid price : 26.22 Bid-YTW : 5.16 % |
| CU.PR.F | Perpetual-Discount | 2.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-20 Maturity Price : 20.53 Evaluated at bid price : 20.53 Bid-YTW : 5.51 % |
| MFC.PR.B | Insurance Straight | 2.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-20 Maturity Price : 22.33 Evaluated at bid price : 22.60 Bid-YTW : 5.22 % |
| ENB.PF.G | FixedReset Disc | 3.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-20 Maturity Price : 22.24 Evaluated at bid price : 22.89 Bid-YTW : 6.01 % |
| CCS.PR.C | Insurance Straight | 3.74 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-20 Maturity Price : 23.32 Evaluated at bid price : 23.60 Bid-YTW : 5.37 % |
| PWF.PR.Z | Perpetual-Discount | 8.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-20 Maturity Price : 22.38 Evaluated at bid price : 22.65 Bid-YTW : 5.73 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| GWO.PR.N | FixedReset Ins Non | 217,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-20 Maturity Price : 18.46 Evaluated at bid price : 18.46 Bid-YTW : 5.62 % |
| ENB.PR.B | FixedReset Disc | 76,235 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-20 Maturity Price : 21.47 Evaluated at bid price : 21.47 Bid-YTW : 6.07 % |
| GWO.PR.L | Insurance Straight | 55,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-20 Maturity Price : 24.80 Evaluated at bid price : 25.02 Bid-YTW : 5.73 % |
| PWF.PR.K | Perpetual-Discount | 45,160 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-20 Maturity Price : 21.86 Evaluated at bid price : 22.10 Bid-YTW : 5.65 % |
| ENB.PR.D | FixedReset Disc | 43,053 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-20 Maturity Price : 21.31 Evaluated at bid price : 21.60 Bid-YTW : 6.02 % |
| TD.PF.I | FixedReset Prem | 41,500 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-10-31 Maturity Price : 25.00 Evaluated at bid price : 26.15 Bid-YTW : 3.72 % |
| There were 21 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.I | FixedReset Prem | Quote: 25.77 – 26.77 Spot Rate : 1.0000 Average : 0.7542 YTW SCENARIO |
| CU.PR.H | Perpetual-Discount | Quote: 24.24 – 25.00 Spot Rate : 0.7600 Average : 0.5227 YTW SCENARIO |
| PVS.PR.K | SplitShare | Quote: 24.76 – 25.50 Spot Rate : 0.7400 Average : 0.5092 YTW SCENARIO |
| PVS.PR.L | SplitShare | Quote: 25.65 – 26.25 Spot Rate : 0.6000 Average : 0.4190 YTW SCENARIO |
| BN.PF.E | FixedReset Disc | Quote: 23.35 – 23.98 Spot Rate : 0.6300 Average : 0.4783 YTW SCENARIO |
| GWO.PR.M | Insurance Straight | Quote: 25.52 – 25.94 Spot Rate : 0.4200 Average : 0.2904 YTW SCENARIO |