| 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 | 0.5052 % | 2,484.8 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5052 % | 4,711.5 |
| Floater | 5.80 % | 5.95 % | 33,872 | 13.96 | 4 | 0.5052 % | 2,715.3 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1024 % | 3,651.7 |
| SplitShare | 4.77 % | 4.56 % | 65,174 | 2.85 | 5 | -0.1024 % | 4,361.0 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1024 % | 3,402.6 |
| Perpetual-Premium | 5.83 % | -8.45 % | 57,428 | 0.08 | 1 | 0.3968 % | 3,031.7 |
| Perpetual-Discount | 5.65 % | 5.69 % | 51,628 | 14.32 | 34 | 0.2642 % | 3,339.0 |
| FixedReset Disc | 5.74 % | 5.94 % | 117,458 | 13.78 | 27 | 0.2732 % | 3,271.3 |
| Insurance Straight | 5.54 % | 5.60 % | 58,800 | 14.44 | 22 | 0.2710 % | 3,255.1 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2732 % | 3,891.6 |
| FixedReset Prem | 5.98 % | 4.38 % | 96,097 | 1.93 | 21 | 0.2186 % | 2,649.9 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2732 % | 3,344.0 |
| FixedReset Ins Non | 5.09 % | 5.29 % | 76,335 | 14.50 | 14 | 0.2194 % | 3,243.5 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| GWO.PR.Q | Insurance Straight | -3.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 22.12 Evaluated at bid price : 22.40 Bid-YTW : 5.81 % |
| BN.PR.X | FixedReset Disc | -2.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 19.50 Evaluated at bid price : 19.50 Bid-YTW : 6.35 % |
| IFC.PR.F | Insurance Straight | -2.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 22.93 Evaluated at bid price : 23.17 Bid-YTW : 5.78 % |
| GWO.PR.I | Insurance Straight | -1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 20.55 Evaluated at bid price : 20.55 Bid-YTW : 5.54 % |
| ENB.PR.H | FixedReset Disc | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 23.01 Evaluated at bid price : 23.85 Bid-YTW : 5.69 % |
| BN.PR.B | Floater | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 13.22 Evaluated at bid price : 13.22 Bid-YTW : 5.97 % |
| FTS.PR.F | Perpetual-Discount | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 22.82 Evaluated at bid price : 23.10 Bid-YTW : 5.38 % |
| BN.PR.Z | FixedReset Prem | 1.11 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.50 Bid-YTW : 5.17 % |
| POW.PR.D | Perpetual-Discount | 1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 22.22 Evaluated at bid price : 22.50 Bid-YTW : 5.59 % |
| MFC.PR.F | FixedReset Ins Non | 1.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 21.51 Evaluated at bid price : 21.51 Bid-YTW : 5.29 % |
| PWF.PF.A | Perpetual-Discount | 1.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 20.11 Evaluated at bid price : 20.11 Bid-YTW : 5.63 % |
| PWF.PR.Z | Perpetual-Discount | 1.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 22.15 Evaluated at bid price : 22.43 Bid-YTW : 5.77 % |
| GWO.PR.T | Insurance Straight | 2.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 22.93 Evaluated at bid price : 23.20 Bid-YTW : 5.60 % |
| PWF.PR.P | FixedReset Disc | 2.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 21.25 Evaluated at bid price : 21.25 Bid-YTW : 5.54 % |
| GWO.PR.P | Insurance Straight | 2.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 24.03 Evaluated at bid price : 24.28 Bid-YTW : 5.62 % |
| MFC.PR.B | Insurance Straight | 5.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 21.92 Evaluated at bid price : 22.16 Bid-YTW : 5.31 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| NA.PR.C | FixedReset Prem | 53,440 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 26.29 Bid-YTW : 3.39 % |
| PWF.PR.T | FixedReset Disc | 49,774 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 23.42 Evaluated at bid price : 24.99 Bid-YTW : 5.45 % |
| PWF.PR.Z | Perpetual-Discount | 20,746 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 22.15 Evaluated at bid price : 22.43 Bid-YTW : 5.77 % |
| PWF.PR.K | Perpetual-Discount | 18,066 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 21.50 Evaluated at bid price : 21.76 Bid-YTW : 5.71 % |
| POW.PR.A | Perpetual-Discount | 17,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 24.60 Evaluated at bid price : 24.85 Bid-YTW : 5.68 % |
| GWO.PR.I | Insurance Straight | 14,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-04-30 Maturity Price : 20.55 Evaluated at bid price : 20.55 Bid-YTW : 5.54 % |
| There were 2 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 |
| IFC.PR.I | Insurance Straight | Quote: 22.06 – 24.73 Spot Rate : 2.6700 Average : 2.1423 YTW SCENARIO |
| IFC.PR.C | FixedReset Ins Non | Quote: 25.36 – 26.36 Spot Rate : 1.0000 Average : 0.6255 YTW SCENARIO |
| BN.PR.X | FixedReset Disc | Quote: 19.50 – 20.96 Spot Rate : 1.4600 Average : 1.1640 YTW SCENARIO |
| IFC.PR.F | Insurance Straight | Quote: 23.17 – 24.30 Spot Rate : 1.1300 Average : 0.8867 YTW SCENARIO |
| GWO.PR.I | Insurance Straight | Quote: 20.55 – 21.25 Spot Rate : 0.7000 Average : 0.4977 YTW SCENARIO |
| GWO.PR.Q | Insurance Straight | Quote: 22.40 – 23.40 Spot Rate : 1.0000 Average : 0.8019 YTW SCENARIO |