| 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 | 0.1681 % | 2,493.6 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1681 % | 4,728.2 |
| Floater | 5.81 % | 5.97 % | 25,263 | 13.97 | 4 | 0.1681 % | 2,724.9 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0316 % | 3,656.3 |
| SplitShare | 4.77 % | 4.72 % | 70,839 | 2.91 | 5 | 0.0316 % | 4,366.5 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0316 % | 3,406.9 |
| Perpetual-Premium | 5.84 % | 5.95 % | 52,480 | 13.87 | 1 | 0.2778 % | 3,034.1 |
| Perpetual-Discount | 5.74 % | 5.83 % | 49,642 | 14.12 | 34 | 0.3524 % | 3,301.6 |
| FixedReset Disc | 5.85 % | 6.04 % | 112,946 | 13.73 | 27 | 0.8572 % | 3,219.9 |
| Insurance Straight | 5.63 % | 5.71 % | 62,692 | 14.29 | 22 | 0.4951 % | 3,229.6 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.8572 % | 3,830.4 |
| FixedReset Prem | 6.00 % | 4.61 % | 86,618 | 2.27 | 21 | 0.3118 % | 2,644.0 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.8572 % | 3,291.4 |
| FixedReset Ins Non | 5.21 % | 5.42 % | 79,930 | 14.39 | 14 | 0.8671 % | 3,172.4 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PR.Z | FixedReset Prem | -3.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 23.64 Evaluated at bid price : 24.00 Bid-YTW : 6.37 % |
| CU.PR.H | Perpetual-Discount | -2.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 22.12 Evaluated at bid price : 22.40 Bid-YTW : 5.93 % |
| BN.PR.X | FixedReset Disc | -1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 19.60 Evaluated at bid price : 19.60 Bid-YTW : 6.29 % |
| MFC.PR.L | FixedReset Ins Non | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 23.33 Evaluated at bid price : 24.95 Bid-YTW : 5.35 % |
| SLF.PR.E | Insurance Straight | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 20.92 Evaluated at bid price : 20.92 Bid-YTW : 5.42 % |
| IFC.PR.G | FixedReset Ins Non | 1.08 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.37 Bid-YTW : 5.40 % |
| IFC.PR.K | Insurance Straight | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 22.85 Evaluated at bid price : 23.25 Bid-YTW : 5.67 % |
| MFC.PR.Q | FixedReset Ins Non | 1.12 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-19 Maturity Price : 25.00 Evaluated at bid price : 25.30 Bid-YTW : 5.55 % |
| BN.PF.A | FixedReset Prem | 1.14 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-30 Maturity Price : 25.00 Evaluated at bid price : 25.65 Bid-YTW : 5.71 % |
| PWF.PR.E | Perpetual-Discount | 1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 23.55 Evaluated at bid price : 23.82 Bid-YTW : 5.88 % |
| GWO.PR.N | FixedReset Ins Non | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 18.43 Evaluated at bid price : 18.43 Bid-YTW : 5.91 % |
| MIC.PR.A | Perpetual-Discount | 1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 22.03 Evaluated at bid price : 22.30 Bid-YTW : 6.09 % |
| CU.PR.F | Perpetual-Discount | 1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 20.28 Evaluated at bid price : 20.28 Bid-YTW : 5.63 % |
| BN.PR.R | FixedReset Disc | 1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 22.28 Evaluated at bid price : 23.02 Bid-YTW : 5.84 % |
| BN.PF.G | FixedReset Disc | 1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 22.99 Evaluated at bid price : 24.38 Bid-YTW : 6.00 % |
| MFC.PR.C | Insurance Straight | 1.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 20.95 Evaluated at bid price : 20.95 Bid-YTW : 5.43 % |
| MFC.PR.F | FixedReset Ins Non | 1.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 20.20 Evaluated at bid price : 20.20 Bid-YTW : 5.61 % |
| ENB.PF.C | FixedReset Disc | 1.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 22.15 Evaluated at bid price : 22.67 Bid-YTW : 6.33 % |
| ENB.PR.B | FixedReset Disc | 1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 21.50 Evaluated at bid price : 21.85 Bid-YTW : 6.35 % |
| ENB.PR.F | FixedReset Disc | 2.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 22.93 Evaluated at bid price : 23.25 Bid-YTW : 6.10 % |
| NA.PR.G | FixedReset Prem | 2.38 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-11-16 Maturity Price : 25.00 Evaluated at bid price : 26.26 Bid-YTW : 4.71 % |
| ENB.PF.G | FixedReset Disc | 3.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 22.31 Evaluated at bid price : 23.00 Bid-YTW : 6.30 % |
| SLF.PR.G | FixedReset Ins Non | 4.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 19.88 Evaluated at bid price : 19.88 Bid-YTW : 5.64 % |
| IFC.PR.E | Insurance Straight | 4.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 22.97 Evaluated at bid price : 23.25 Bid-YTW : 5.62 % |
| ENB.PR.Y | FixedReset Disc | 4.84 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 21.35 Evaluated at bid price : 21.66 Bid-YTW : 6.36 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| MFC.PR.C | Insurance Straight | 74,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 20.95 Evaluated at bid price : 20.95 Bid-YTW : 5.43 % |
| BN.PR.T | FixedReset Disc | 41,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 21.47 Evaluated at bid price : 21.80 Bid-YTW : 6.13 % |
| PWF.PR.P | FixedReset Disc | 36,655 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 5.76 % |
| RY.PR.S | FixedReset Prem | 20,074 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-02-24 Maturity Price : 25.00 Evaluated at bid price : 26.40 Bid-YTW : 4.09 % |
| POW.PR.H | Perpetual-Discount | 15,502 | YTW SCENARIO Maturity Type : Call Maturity Date : 2034-10-15 Maturity Price : 25.00 Evaluated at bid price : 25.05 Bid-YTW : 5.75 % |
| GWO.PR.H | Insurance Straight | 15,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-08 Maturity Price : 21.15 Evaluated at bid price : 21.15 Bid-YTW : 5.78 % |
| There were 7 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.G | Insurance Straight | Quote: 22.80 – 24.87 Spot Rate : 2.0700 Average : 1.1368 YTW SCENARIO |
| ENB.PR.B | FixedReset Disc | Quote: 21.85 – 24.00 Spot Rate : 2.1500 Average : 1.3706 YTW SCENARIO |
| MFC.PR.C | Insurance Straight | Quote: 20.95 – 22.80 Spot Rate : 1.8500 Average : 1.1525 YTW SCENARIO |
| BN.PR.Z | FixedReset Prem | Quote: 24.00 – 25.60 Spot Rate : 1.6000 Average : 1.1095 YTW SCENARIO |
| CU.PR.H | Perpetual-Discount | Quote: 22.40 – 23.99 Spot Rate : 1.5900 Average : 1.1713 YTW SCENARIO |
| MFC.PR.Q | FixedReset Ins Non | Quote: 25.30 – 26.49 Spot Rate : 1.1900 Average : 0.8094 YTW SCENARIO |