| 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 | 0.2051 % | 2,499.1 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2051 % | 4,738.8 |
| Floater | 5.80 % | 5.93 % | 24,939 | 14.03 | 4 | 0.2051 % | 2,731.0 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0552 % | 3,660.1 |
| SplitShare | 4.77 % | 4.45 % | 69,984 | 2.90 | 5 | 0.0552 % | 4,370.9 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0552 % | 3,410.4 |
| Perpetual-Premium | 5.94 % | 5.95 % | 58,386 | 14.01 | 1 | -0.4810 % | 2,981.3 |
| Perpetual-Discount | 5.78 % | 5.81 % | 49,967 | 14.18 | 34 | -0.2202 % | 3,280.9 |
| FixedReset Disc | 5.85 % | 6.02 % | 107,311 | 13.72 | 27 | -0.1906 % | 3,217.4 |
| Insurance Straight | 5.64 % | 5.72 % | 59,623 | 14.35 | 22 | -0.0143 % | 3,226.8 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1906 % | 3,827.4 |
| FixedReset Prem | 6.02 % | 4.55 % | 82,730 | 2.26 | 21 | -0.0664 % | 2,636.5 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1906 % | 3,288.8 |
| FixedReset Ins Non | 5.20 % | 5.42 % | 77,576 | 14.44 | 14 | 0.0816 % | 3,181.3 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PR.T | FixedReset Disc | -8.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 20.32 Evaluated at bid price : 20.32 Bid-YTW : 6.56 % |
| MFC.PR.B | Insurance Straight | -3.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.60 % |
| POW.PR.G | Perpetual-Discount | -2.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 23.20 Evaluated at bid price : 23.50 Bid-YTW : 5.99 % |
| BN.PF.C | Perpetual-Discount | -1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 20.02 Evaluated at bid price : 20.02 Bid-YTW : 6.12 % |
| BN.PF.G | FixedReset Disc | -1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 22.94 Evaluated at bid price : 24.25 Bid-YTW : 6.02 % |
| BIP.PR.E | FixedReset Prem | -1.25 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.38 Bid-YTW : 5.98 % |
| BN.PF.F | FixedReset Disc | -1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 23.19 Evaluated at bid price : 24.66 Bid-YTW : 5.98 % |
| TD.PF.I | FixedReset Prem | -1.16 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-10-31 Maturity Price : 25.00 Evaluated at bid price : 25.60 Bid-YTW : 4.51 % |
| CU.PR.E | Perpetual-Discount | -1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 5.81 % |
| ENB.PR.D | FixedReset Disc | -1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 21.38 Evaluated at bid price : 21.70 Bid-YTW : 6.36 % |
| SLF.PR.E | Insurance Straight | -1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 20.75 Evaluated at bid price : 20.75 Bid-YTW : 5.47 % |
| BN.PR.X | FixedReset Disc | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 19.99 Evaluated at bid price : 19.99 Bid-YTW : 6.13 % |
| FTS.PR.J | Perpetual-Discount | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 21.54 Evaluated at bid price : 21.80 Bid-YTW : 5.51 % |
| BN.PR.R | FixedReset Disc | 1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 22.27 Evaluated at bid price : 23.00 Bid-YTW : 5.82 % |
| PWF.PR.P | FixedReset Disc | 2.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 20.60 Evaluated at bid price : 20.60 Bid-YTW : 5.67 % |
| IFC.PR.E | Insurance Straight | 4.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 22.94 Evaluated at bid price : 23.22 Bid-YTW : 5.64 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| ENB.PR.T | FixedReset Disc | 82,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 22.76 Evaluated at bid price : 23.60 Bid-YTW : 6.13 % |
| BN.PR.R | FixedReset Disc | 67,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 22.27 Evaluated at bid price : 23.00 Bid-YTW : 5.82 % |
| GWO.PR.I | Insurance Straight | 27,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 20.01 Evaluated at bid price : 20.01 Bid-YTW : 5.67 % |
| CU.PR.D | Perpetual-Discount | 21,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 21.28 Evaluated at bid price : 21.55 Bid-YTW : 5.76 % |
| ENB.PR.Y | FixedReset Disc | 18,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 21.36 Evaluated at bid price : 21.68 Bid-YTW : 6.34 % |
| ENB.PR.D | FixedReset Disc | 16,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-13 Maturity Price : 21.38 Evaluated at bid price : 21.70 Bid-YTW : 6.36 % |
| There were 4 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.PR.T | FixedReset Disc | Quote: 20.32 – 22.40 Spot Rate : 2.0800 Average : 1.1870 YTW SCENARIO |
| MFC.PR.B | Insurance Straight | Quote: 21.00 – 22.25 Spot Rate : 1.2500 Average : 0.7846 YTW SCENARIO |
| POW.PR.D | Perpetual-Discount | Quote: 21.90 – 23.00 Spot Rate : 1.1000 Average : 0.7359 YTW SCENARIO |
| MFC.PR.C | Insurance Straight | Quote: 20.81 – 22.00 Spot Rate : 1.1900 Average : 0.8441 YTW SCENARIO |
| MFC.PR.I | FixedReset Ins Non | Quote: 25.83 – 26.83 Spot Rate : 1.0000 Average : 0.6621 YTW SCENARIO |
| CU.PR.K | Perpetual-Discount | Quote: 24.60 – 25.30 Spot Rate : 0.7000 Average : 0.4475 YTW SCENARIO |