| 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 | -0.1921 % | 2,554.0 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1921 % | 4,842.7 |
| Floater | 5.62 % | 5.85 % | 42,231 | 14.08 | 3 | -0.1921 % | 2,790.9 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.9978 % | 3,628.7 |
| SplitShare | 4.80 % | 5.06 % | 53,151 | 2.79 | 5 | -0.9978 % | 4,333.5 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.9978 % | 3,381.1 |
| Perpetual-Premium | 5.75 % | 3.21 % | 63,732 | 0.08 | 3 | 0.0792 % | 3,055.0 |
| Perpetual-Discount | 5.62 % | 5.69 % | 52,785 | 14.30 | 30 | -0.0131 % | 3,352.1 |
| FixedReset Disc | 5.64 % | 6.04 % | 99,032 | 13.61 | 24 | -0.1731 % | 3,305.9 |
| Insurance Straight | 5.48 % | 5.60 % | 51,140 | 14.40 | 22 | -0.3181 % | 3,286.9 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1731 % | 3,932.8 |
| FixedReset Prem | 5.98 % | 4.45 % | 89,346 | 2.28 | 24 | 0.0788 % | 2,654.1 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1731 % | 3,379.3 |
| FixedReset Ins Non | 5.05 % | 5.33 % | 80,302 | 2.14 | 14 | -0.2635 % | 3,270.0 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PR.X | FixedReset Disc | -7.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 6.51 % |
| MFC.PR.L | FixedReset Ins Non | -3.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 23.28 Evaluated at bid price : 24.75 Bid-YTW : 5.66 % |
| SLF.PR.C | Insurance Straight | -2.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 21.30 Evaluated at bid price : 21.30 Bid-YTW : 5.31 % |
| PWF.PF.A | Perpetual-Discount | -2.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 5.75 % |
| ENB.PR.J | FixedReset Disc | -1.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 22.86 Evaluated at bid price : 23.70 Bid-YTW : 6.26 % |
| PWF.PR.S | Perpetual-Discount | -1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 21.25 Evaluated at bid price : 21.25 Bid-YTW : 5.71 % |
| GWO.PR.M | Insurance Straight | -1.59 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-06-21 Maturity Price : 25.00 Evaluated at bid price : 25.34 Bid-YTW : -0.89 % |
| GWO.PR.Q | Insurance Straight | -1.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 22.55 Evaluated at bid price : 22.80 Bid-YTW : 5.73 % |
| PWF.PR.P | FixedReset Disc | -1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 20.75 Evaluated at bid price : 20.75 Bid-YTW : 5.91 % |
| PVS.PR.L | SplitShare | -1.39 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.50 Bid-YTW : 5.30 % |
| CCS.PR.C | Insurance Straight | -1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 22.55 Evaluated at bid price : 22.80 Bid-YTW : 5.56 % |
| SLF.PR.D | Insurance Straight | -1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 21.51 Evaluated at bid price : 21.51 Bid-YTW : 5.26 % |
| PVS.PR.K | SplitShare | -1.19 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2029-05-31 Maturity Price : 25.00 Evaluated at bid price : 24.95 Bid-YTW : 4.88 % |
| ENB.PR.B | FixedReset Disc | -1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 22.09 Evaluated at bid price : 22.75 Bid-YTW : 6.29 % |
| PVS.PR.M | SplitShare | -1.01 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2031-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.40 Bid-YTW : 5.06 % |
| ENB.PF.A | FixedReset Disc | -1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 22.66 Evaluated at bid price : 23.50 Bid-YTW : 6.31 % |
| BN.PR.N | Perpetual-Discount | -1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 20.62 Evaluated at bid price : 20.62 Bid-YTW : 5.86 % |
| BN.PF.D | Perpetual-Discount | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 21.38 Evaluated at bid price : 21.38 Bid-YTW : 5.83 % |
| BN.PR.M | Perpetual-Discount | 1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 20.87 Evaluated at bid price : 20.87 Bid-YTW : 5.79 % |
| GWO.PR.P | Insurance Straight | 1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 24.04 Evaluated at bid price : 24.29 Bid-YTW : 5.64 % |
| CU.PR.J | Perpetual-Discount | 1.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 5.58 % |
| ENB.PR.F | FixedReset Disc | 2.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 23.17 Evaluated at bid price : 23.50 Bid-YTW : 6.21 % |
| ENB.PF.G | FixedReset Disc | 3.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 22.68 Evaluated at bid price : 23.67 Bid-YTW : 6.25 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| PVS.PR.J | SplitShare | 65,205 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2028-02-29 Maturity Price : 25.00 Evaluated at bid price : 25.10 Bid-YTW : 4.73 % |
| ENB.PR.P | FixedReset Disc | 29,566 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 23.07 Evaluated at bid price : 24.13 Bid-YTW : 6.06 % |
| PWF.PR.O | Perpetual-Discount | 28,980 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 24.68 Evaluated at bid price : 25.00 Bid-YTW : 5.85 % |
| IFC.PR.C | FixedReset Ins Non | 26,200 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-09-30 Maturity Price : 25.00 Evaluated at bid price : 25.25 Bid-YTW : 2.03 % |
| PWF.PR.A | Floater | 18,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-22 Maturity Price : 14.50 Evaluated at bid price : 14.50 Bid-YTW : 5.41 % |
| MFC.PR.M | FixedReset Ins Non | 16,600 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-12-20 Maturity Price : 25.00 Evaluated at bid price : 25.37 Bid-YTW : 5.41 % |
| 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 |
| BN.PR.X | FixedReset Disc | Quote: 20.00 – 21.95 Spot Rate : 1.9500 Average : 1.2489 YTW SCENARIO |
| GWO.PR.T | Insurance Straight | Quote: 22.60 – 25.00 Spot Rate : 2.4000 Average : 1.8387 YTW SCENARIO |
| IFC.PR.M | Perpetual-Discount | Quote: 24.90 – 25.90 Spot Rate : 1.0000 Average : 0.6357 YTW SCENARIO |
| MFC.PR.L | FixedReset Ins Non | Quote: 24.75 – 25.75 Spot Rate : 1.0000 Average : 0.6423 YTW SCENARIO |
| POW.PR.C | Perpetual-Premium | Quote: 25.20 – 25.90 Spot Rate : 0.7000 Average : 0.4109 YTW SCENARIO |
| PVS.PR.M | SplitShare | Quote: 25.40 – 25.93 Spot Rate : 0.5300 Average : 0.3073 YTW SCENARIO |