| 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 | 0.9291 % | 2,536.1 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.9291 % | 4,808.9 |
| Floater | 5.66 % | 5.87 % | 45,290 | 14.07 | 3 | 0.9291 % | 2,771.4 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0551 % | 3,657.2 |
| SplitShare | 4.76 % | 4.56 % | 54,345 | 2.82 | 5 | -0.0551 % | 4,367.5 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0551 % | 3,407.7 |
| Perpetual-Premium | 5.77 % | 0.79 % | 53,810 | 0.08 | 3 | 0.1192 % | 3,045.7 |
| Perpetual-Discount | 5.61 % | 5.66 % | 51,377 | 14.36 | 30 | 0.1453 % | 3,356.5 |
| FixedReset Disc | 5.58 % | 5.84 % | 103,416 | 13.84 | 24 | -0.1452 % | 3,338.5 |
| Insurance Straight | 5.48 % | 5.60 % | 53,372 | 14.44 | 22 | 0.2562 % | 3,289.4 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1452 % | 3,971.4 |
| FixedReset Prem | 5.97 % | 4.30 % | 89,485 | 2.31 | 24 | -0.0417 % | 2,656.4 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1452 % | 3,412.6 |
| FixedReset Ins Non | 5.09 % | 5.34 % | 68,708 | 14.46 | 14 | 0.1864 % | 3,249.1 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CCS.PR.C | Insurance Straight | -1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-12 Maturity Price : 22.71 Evaluated at bid price : 23.00 Bid-YTW : 5.50 % |
| GWO.PR.I | Insurance Straight | -1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-12 Maturity Price : 20.55 Evaluated at bid price : 20.55 Bid-YTW : 5.55 % |
| BN.PF.C | Perpetual-Discount | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-12 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.86 % |
| GWO.PR.P | Insurance Straight | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-12 Maturity Price : 24.00 Evaluated at bid price : 24.25 Bid-YTW : 5.64 % |
| IFC.PR.A | FixedReset Ins Non | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-12 Maturity Price : 21.77 Evaluated at bid price : 22.25 Bid-YTW : 5.49 % |
| MFC.PR.C | Insurance Straight | 1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-12 Maturity Price : 21.53 Evaluated at bid price : 21.79 Bid-YTW : 5.23 % |
| IFC.PR.F | Insurance Straight | 1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-12 Maturity Price : 23.62 Evaluated at bid price : 23.90 Bid-YTW : 5.61 % |
| GWO.PR.Q | Insurance Straight | 1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-12 Maturity Price : 22.90 Evaluated at bid price : 23.17 Bid-YTW : 5.62 % |
| PWF.PR.A | Floater | 1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-12 Maturity Price : 14.39 Evaluated at bid price : 14.39 Bid-YTW : 5.44 % |
| MFC.PR.B | Insurance Straight | 1.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-12 Maturity Price : 22.01 Evaluated at bid price : 22.24 Bid-YTW : 5.30 % |
| MFC.PR.K | FixedReset Ins Non | 2.17 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-19 Maturity Price : 25.00 Evaluated at bid price : 25.89 Bid-YTW : 5.18 % |
| PWF.PF.A | Perpetual-Discount | 2.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-12 Maturity Price : 20.26 Evaluated at bid price : 20.26 Bid-YTW : 5.60 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| CU.PR.C | FixedReset Disc | 78,542 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-06-01 Maturity Price : 25.00 Evaluated at bid price : 25.00 Bid-YTW : 4.95 % |
| SLF.PR.D | Insurance Straight | 30,005 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-12 Maturity Price : 21.41 Evaluated at bid price : 21.41 Bid-YTW : 5.27 % |
| ENB.PR.J | FixedReset Disc | 28,264 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-12 Maturity Price : 23.34 Evaluated at bid price : 24.80 Bid-YTW : 5.84 % |
| GWO.PR.L | Insurance Straight | 27,550 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-12 Maturity Price : 24.68 Evaluated at bid price : 25.00 Bid-YTW : 5.72 % |
| ENB.PR.T | FixedReset Disc | 24,013 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-12 Maturity Price : 23.32 Evaluated at bid price : 24.85 Bid-YTW : 5.84 % |
| ENB.PR.B | FixedReset Disc | 21,950 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-12 Maturity Price : 22.72 Evaluated at bid price : 23.24 Bid-YTW : 6.01 % |
| There were 3 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: 23.50 – 24.80 Spot Rate : 1.3000 Average : 1.0582 YTW SCENARIO |
| ENB.PR.F | FixedReset Disc | Quote: 23.95 – 24.95 Spot Rate : 1.0000 Average : 0.7636 YTW SCENARIO |
| CCS.PR.C | Insurance Straight | Quote: 23.00 – 23.50 Spot Rate : 0.5000 Average : 0.3354 YTW SCENARIO |
| BN.PR.R | FixedReset Disc | Quote: 23.25 – 24.00 Spot Rate : 0.7500 Average : 0.5862 YTW SCENARIO |
| BN.PF.D | Perpetual-Discount | Quote: 21.15 – 21.58 Spot Rate : 0.4300 Average : 0.2829 YTW SCENARIO |
| GWO.PR.N | FixedReset Ins Non | Quote: 20.00 – 20.50 Spot Rate : 0.5000 Average : 0.3788 YTW SCENARIO |