| 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 | 0.2488 % | 2,484.4 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2488 % | 4,710.8 |
| Floater | 5.80 % | 6.07 % | 59,603 | 13.74 | 3 | 0.2488 % | 2,714.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1427 % | 3,646.2 |
| SplitShare | 4.79 % | 4.37 % | 74,631 | 3.02 | 5 | 0.1427 % | 4,354.4 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1427 % | 3,397.5 |
| Perpetual-Premium | 5.67 % | 5.57 % | 436,482 | 14.12 | 7 | -0.1076 % | 3,078.5 |
| Perpetual-Discount | 5.65 % | 5.69 % | 48,731 | 14.32 | 27 | -0.5694 % | 3,356.0 |
| FixedReset Disc | 5.89 % | 5.71 % | 126,146 | 14.00 | 28 | 0.3270 % | 3,196.5 |
| Insurance Straight | 5.45 % | 5.56 % | 68,248 | 14.45 | 22 | -0.2399 % | 3,336.1 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3270 % | 3,802.6 |
| FixedReset Prem | 5.94 % | 4.24 % | 89,245 | 2.48 | 20 | 0.1147 % | 2,670.1 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3270 % | 3,267.5 |
| FixedReset Ins Non | 5.30 % | 5.27 % | 82,837 | 14.81 | 14 | -1.4729 % | 3,121.8 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CU.PR.H | Perpetual-Discount | -8.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 22.12 Evaluated at bid price : 22.40 Bid-YTW : 5.88 % |
| MFC.PR.M | FixedReset Ins Non | -3.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 22.95 Evaluated at bid price : 24.18 Bid-YTW : 5.30 % |
| IFC.PR.C | FixedReset Ins Non | -2.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 23.37 Evaluated at bid price : 24.08 Bid-YTW : 5.54 % |
| BN.PF.D | Perpetual-Discount | -2.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 21.07 Evaluated at bid price : 21.07 Bid-YTW : 5.92 % |
| CU.PR.F | Perpetual-Discount | -2.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 19.95 Evaluated at bid price : 19.95 Bid-YTW : 5.67 % |
| MFC.PR.N | FixedReset Ins Non | -2.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 22.65 Evaluated at bid price : 23.57 Bid-YTW : 5.32 % |
| MFC.PR.B | Insurance Straight | -2.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 21.45 Evaluated at bid price : 21.45 Bid-YTW : 5.43 % |
| GWO.PR.R | Insurance Straight | -2.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 21.51 Evaluated at bid price : 21.51 Bid-YTW : 5.68 % |
| PWF.PR.Z | Perpetual-Discount | -1.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 22.21 Evaluated at bid price : 22.49 Bid-YTW : 5.78 % |
| GWO.PR.H | Insurance Straight | -1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 21.57 Evaluated at bid price : 21.83 Bid-YTW : 5.64 % |
| ENB.PF.E | FixedReset Disc | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 22.14 Evaluated at bid price : 22.70 Bid-YTW : 5.94 % |
| SLF.PR.E | Insurance Straight | 1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 21.33 Evaluated at bid price : 21.60 Bid-YTW : 5.19 % |
| GWO.PR.G | Insurance Straight | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 23.74 Evaluated at bid price : 24.05 Bid-YTW : 5.48 % |
| MFC.PR.F | FixedReset Ins Non | 1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 18.75 Evaluated at bid price : 18.75 Bid-YTW : 5.48 % |
| ENB.PR.J | FixedReset Disc | 2.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 22.47 Evaluated at bid price : 23.05 Bid-YTW : 5.89 % |
| GWO.PR.Y | Insurance Straight | 5.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.45 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| FTS.PR.M | FixedReset Disc | 54,575 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 23.18 Evaluated at bid price : 24.73 Bid-YTW : 5.27 % |
| FTS.PR.K | FixedReset Disc | 54,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 22.75 Evaluated at bid price : 23.55 Bid-YTW : 5.18 % |
| MFC.PR.M | FixedReset Ins Non | 38,707 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 22.95 Evaluated at bid price : 24.18 Bid-YTW : 5.30 % |
| FFH.PR.K | FixedReset Prem | 30,250 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.51 Bid-YTW : 3.89 % |
| PWF.PR.K | Perpetual-Discount | 24,699 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 21.70 Evaluated at bid price : 21.95 Bid-YTW : 5.69 % |
| ENB.PR.N | FixedReset Disc | 22,384 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-02-25 Maturity Price : 23.29 Evaluated at bid price : 24.65 Bid-YTW : 5.64 % |
| 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 therein for an idea of why these quotes are so horrible. | ||
| Issue | Index | Quote Data and Yield Notes |
| CU.PR.H | Perpetual-Discount | Quote: 22.40 – 24.40 Spot Rate : 2.0000 Average : 1.1963 YTW SCENARIO |
| PWF.PR.S | Perpetual-Discount | Quote: 16.60 – 22.10 Spot Rate : 5.5000 Average : 4.9269 YTW SCENARIO |
| MFC.PR.M | FixedReset Ins Non | Quote: 24.18 – 25.30 Spot Rate : 1.1200 Average : 0.6780 YTW SCENARIO |
| CU.PR.C | FixedReset Disc | Quote: 24.71 – 25.71 Spot Rate : 1.0000 Average : 0.5764 YTW SCENARIO |
| IFC.PR.C | FixedReset Ins Non | Quote: 24.08 – 25.08 Spot Rate : 1.0000 Average : 0.6044 YTW SCENARIO |
| MFC.PR.N | FixedReset Ins Non | Quote: 23.57 – 24.48 Spot Rate : 0.9100 Average : 0.5798 YTW SCENARIO |