| 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 | 0.3000 % | 2,487.0 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3000 % | 4,715.8 |
| Floater | 5.82 % | 6.01 % | 26,298 | 13.90 | 4 | 0.3000 % | 2,717.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0711 % | 3,654.0 |
| SplitShare | 4.78 % | 4.56 % | 63,808 | 2.88 | 5 | 0.0711 % | 4,363.7 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0711 % | 3,404.7 |
| Perpetual-Premium | 5.85 % | -7.10 % | 62,599 | 0.08 | 1 | 0.1190 % | 3,029.3 |
| Perpetual-Discount | 5.71 % | 5.77 % | 49,412 | 14.25 | 34 | -0.3934 % | 3,317.4 |
| FixedReset Disc | 5.80 % | 5.95 % | 111,532 | 13.81 | 27 | 0.2697 % | 3,244.8 |
| Insurance Straight | 5.59 % | 5.66 % | 55,409 | 14.41 | 22 | -0.4064 % | 3,254.7 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2697 % | 3,860.0 |
| FixedReset Prem | 5.98 % | 4.57 % | 96,851 | 1.95 | 21 | -0.0403 % | 2,655.2 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2697 % | 3,316.8 |
| FixedReset Ins Non | 5.13 % | 5.35 % | 78,766 | 14.54 | 14 | 0.2091 % | 3,221.0 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CU.PR.H | Perpetual-Discount | -5.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 22.12 Evaluated at bid price : 22.40 Bid-YTW : 5.94 % |
| PWF.PR.S | Perpetual-Discount | -4.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 20.20 Evaluated at bid price : 20.20 Bid-YTW : 5.97 % |
| FTS.PR.F | Perpetual-Discount | -3.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 21.54 Evaluated at bid price : 21.80 Bid-YTW : 5.70 % |
| SLF.PR.D | Insurance Straight | -3.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 20.20 Evaluated at bid price : 20.20 Bid-YTW : 5.57 % |
| GWO.PR.Q | Insurance Straight | -2.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 22.10 Evaluated at bid price : 22.32 Bid-YTW : 5.82 % |
| GWO.PR.L | Insurance Straight | -1.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 24.21 Evaluated at bid price : 24.50 Bid-YTW : 5.81 % |
| ENB.PR.A | Perpetual-Discount | -1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 24.21 Evaluated at bid price : 24.50 Bid-YTW : 5.69 % |
| GWO.PR.H | Insurance Straight | -1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 21.32 Evaluated at bid price : 21.32 Bid-YTW : 5.75 % |
| MFC.PR.F | FixedReset Ins Non | -1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 20.73 Evaluated at bid price : 20.73 Bid-YTW : 5.42 % |
| BN.PF.E | FixedReset Disc | -1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 22.67 Evaluated at bid price : 23.60 Bid-YTW : 5.84 % |
| MFC.PR.K | FixedReset Ins Non | -1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 23.60 Evaluated at bid price : 25.34 Bid-YTW : 5.35 % |
| BMO.PR.E | FixedReset Prem | -1.14 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-11-25 Maturity Price : 25.00 Evaluated at bid price : 26.99 Bid-YTW : 4.01 % |
| MFC.PR.B | Insurance Straight | -1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 21.81 Evaluated at bid price : 22.05 Bid-YTW : 5.32 % |
| FTS.PR.H | FixedReset Disc | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 5.62 % |
| GWO.PR.P | Insurance Straight | 1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 23.85 Evaluated at bid price : 24.10 Bid-YTW : 5.65 % |
| POW.PR.D | Perpetual-Discount | 1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 22.03 Evaluated at bid price : 22.26 Bid-YTW : 5.65 % |
| ENB.PF.E | FixedReset Disc | 1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 22.33 Evaluated at bid price : 23.00 Bid-YTW : 6.20 % |
| PWF.PR.H | Perpetual-Discount | 1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 24.55 Evaluated at bid price : 24.80 Bid-YTW : 5.81 % |
| MFC.PR.J | FixedReset Ins Non | 1.96 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-03-19 Maturity Price : 25.00 Evaluated at bid price : 26.00 Bid-YTW : 4.28 % |
| IFC.PR.I | Insurance Straight | 2.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 24.04 Evaluated at bid price : 24.50 Bid-YTW : 5.54 % |
| ENB.PR.P | FixedReset Disc | 2.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 22.77 Evaluated at bid price : 23.55 Bid-YTW : 6.04 % |
| BN.PR.K | Floater | 2.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 13.11 Evaluated at bid price : 13.11 Bid-YTW : 6.01 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| IFC.PR.C | FixedReset Ins Non | 204,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-09-30 Maturity Price : 25.00 Evaluated at bid price : 25.37 Bid-YTW : 0.55 % |
| GWO.PR.I | Insurance Straight | 34,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 20.20 Evaluated at bid price : 20.20 Bid-YTW : 5.63 % |
| CU.PR.C | FixedReset Disc | 31,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 23.88 Evaluated at bid price : 25.00 Bid-YTW : 5.46 % |
| ENB.PF.C | FixedReset Disc | 28,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 22.32 Evaluated at bid price : 22.94 Bid-YTW : 6.23 % |
| ENB.PR.F | FixedReset Disc | 27,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 22.98 Evaluated at bid price : 23.30 Bid-YTW : 6.06 % |
| ENB.PR.D | FixedReset Disc | 26,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-20 Maturity Price : 21.53 Evaluated at bid price : 21.91 Bid-YTW : 6.28 % |
| 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 – 24.15 Spot Rate : 1.7500 Average : 1.1135 YTW SCENARIO |
| FTS.PR.F | Perpetual-Discount | Quote: 21.80 – 23.25 Spot Rate : 1.4500 Average : 0.8935 YTW SCENARIO |
| ENB.PR.Y | FixedReset Disc | Quote: 21.80 – 23.00 Spot Rate : 1.2000 Average : 0.7437 YTW SCENARIO |
| PWF.PR.S | Perpetual-Discount | Quote: 20.20 – 21.42 Spot Rate : 1.2200 Average : 0.7783 YTW SCENARIO |
| SLF.PR.D | Insurance Straight | Quote: 20.20 – 21.39 Spot Rate : 1.1900 Average : 0.7527 YTW SCENARIO |
| IFC.PR.E | Insurance Straight | Quote: 22.20 – 23.84 Spot Rate : 1.6400 Average : 1.4482 YTW SCENARIO |