| 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 | -0.1983 % | 2,483.1 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1983 % | 4,708.4 |
| Floater | 5.80 % | 6.08 % | 61,198 | 13.71 | 3 | -0.1983 % | 2,713.5 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2527 % | 3,663.0 |
| SplitShare | 4.77 % | 4.19 % | 81,765 | 3.01 | 5 | 0.2527 % | 4,374.4 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2527 % | 3,413.1 |
| Perpetual-Premium | 5.70 % | 5.73 % | 88,967 | 14.04 | 7 | -0.3172 % | 3,068.8 |
| Perpetual-Discount | 5.61 % | 5.70 % | 48,827 | 14.30 | 28 | -0.1699 % | 3,371.0 |
| FixedReset Disc | 5.87 % | 5.79 % | 127,637 | 13.94 | 27 | 0.3846 % | 3,207.6 |
| Insurance Straight | 5.56 % | 5.56 % | 65,323 | 14.54 | 22 | 0.0060 % | 3,273.9 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3846 % | 3,815.8 |
| FixedReset Prem | 5.95 % | 4.36 % | 88,947 | 2.50 | 21 | 0.0274 % | 2,667.7 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3846 % | 3,278.8 |
| FixedReset Ins Non | 5.29 % | 5.23 % | 99,293 | 14.65 | 14 | -0.4251 % | 3,126.6 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| MFC.PR.L | FixedReset Ins Non | -3.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 22.89 Evaluated at bid price : 23.90 Bid-YTW : 5.30 % |
| GWO.PR.Y | Insurance Straight | -3.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 5.63 % |
| MFC.PR.J | FixedReset Ins Non | -3.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 23.42 Evaluated at bid price : 24.61 Bid-YTW : 5.53 % |
| PWF.PR.S | Perpetual-Discount | -2.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 21.18 Evaluated at bid price : 21.18 Bid-YTW : 5.74 % |
| BN.PF.D | Perpetual-Discount | -1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 21.01 Evaluated at bid price : 21.01 Bid-YTW : 5.95 % |
| PWF.PR.H | Perpetual-Premium | -1.84 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 24.25 Evaluated at bid price : 24.55 Bid-YTW : 5.92 % |
| CCS.PR.C | Insurance Straight | -1.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 22.71 Evaluated at bid price : 22.96 Bid-YTW : 5.44 % |
| BN.PR.N | Perpetual-Discount | -1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 20.42 Evaluated at bid price : 20.42 Bid-YTW : 5.93 % |
| ENB.PF.A | FixedReset Disc | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 22.39 Evaluated at bid price : 23.04 Bid-YTW : 5.97 % |
| ENB.PR.D | FixedReset Disc | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 21.52 Evaluated at bid price : 21.89 Bid-YTW : 5.95 % |
| IFC.PR.I | Insurance Straight | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 23.90 Evaluated at bid price : 24.20 Bid-YTW : 5.67 % |
| GWO.PR.H | Insurance Straight | 1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 21.54 Evaluated at bid price : 21.80 Bid-YTW : 5.56 % |
| GWO.PR.S | Insurance Straight | 1.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 23.25 Evaluated at bid price : 23.55 Bid-YTW : 5.57 % |
| IFC.PR.C | FixedReset Ins Non | 1.67 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-09-30 Maturity Price : 25.00 Evaluated at bid price : 24.91 Bid-YTW : 5.20 % |
| GWO.PR.L | Insurance Straight | 3.31 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-04-03 Maturity Price : 25.00 Evaluated at bid price : 24.95 Bid-YTW : 2.83 % |
| BN.PR.T | FixedReset Disc | 6.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 21.36 Evaluated at bid price : 21.65 Bid-YTW : 5.85 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| FTS.PR.K | FixedReset Disc | 164,804 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 22.81 Evaluated at bid price : 23.66 Bid-YTW : 5.21 % |
| PWF.PR.T | FixedReset Disc | 102,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 23.39 Evaluated at bid price : 24.99 Bid-YTW : 5.21 % |
| PWF.PR.K | Perpetual-Discount | 100,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 21.81 Evaluated at bid price : 22.05 Bid-YTW : 5.67 % |
| PWF.PR.L | Perpetual-Discount | 100,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 22.26 Evaluated at bid price : 22.53 Bid-YTW : 5.72 % |
| GWO.PR.Y | Insurance Straight | 71,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 5.63 % |
| FTS.PR.M | FixedReset Disc | 53,458 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-03-04 Maturity Price : 23.19 Evaluated at bid price : 24.76 Bid-YTW : 5.31 % |
| There were 15 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 |
| GWO.PR.T | Insurance Straight | Quote: 18.67 – 23.50 Spot Rate : 4.8300 Average : 3.8877 YTW SCENARIO |
| NA.PR.G | FixedReset Prem | Quote: 26.75 – 27.99 Spot Rate : 1.2400 Average : 0.7124 YTW SCENARIO |
| GWO.PR.G | Insurance Straight | Quote: 23.50 – 24.87 Spot Rate : 1.3700 Average : 0.8570 YTW SCENARIO |
| MFC.PR.J | FixedReset Ins Non | Quote: 24.61 – 26.15 Spot Rate : 1.5400 Average : 1.0567 YTW SCENARIO |
| MFC.PR.L | FixedReset Ins Non | Quote: 23.90 – 24.90 Spot Rate : 1.0000 Average : 0.5861 YTW SCENARIO |
| GWO.PR.Y | Insurance Straight | Quote: 20.00 – 21.13 Spot Rate : 1.1300 Average : 0.7242 YTW SCENARIO |