| 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 | -0.9270 % | 2,560.7 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.9270 % | 4,855.5 |
| Floater | 5.61 % | 5.85 % | 39,104 | 14.07 | 3 | -0.9270 % | 2,798.3 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0713 % | 3,631.9 |
| SplitShare | 4.80 % | 4.50 % | 52,839 | 2.81 | 5 | -0.0713 % | 4,337.2 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0713 % | 3,384.1 |
| Perpetual-Premium | 5.74 % | -0.87 % | 64,918 | 0.08 | 3 | 0.2772 % | 3,059.8 |
| Perpetual-Discount | 5.61 % | 5.69 % | 52,005 | 14.33 | 30 | -0.0782 % | 3,359.2 |
| FixedReset Disc | 5.61 % | 5.80 % | 97,902 | 13.93 | 24 | -0.2931 % | 3,322.5 |
| Insurance Straight | 5.46 % | 5.57 % | 51,203 | 14.41 | 22 | -0.0316 % | 3,299.1 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2931 % | 3,952.5 |
| FixedReset Prem | 5.97 % | 4.43 % | 85,361 | 2.27 | 24 | 0.0145 % | 2,656.6 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2931 % | 3,396.3 |
| FixedReset Ins Non | 5.04 % | 5.25 % | 81,203 | 2.13 | 14 | 0.2052 % | 3,280.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| ENB.PR.F | FixedReset Disc | -3.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-26 Maturity Price : 22.67 Evaluated at bid price : 23.00 Bid-YTW : 6.13 % |
| ENB.PF.C | FixedReset Disc | -3.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-26 Maturity Price : 22.36 Evaluated at bid price : 23.00 Bid-YTW : 6.19 % |
| PWF.PR.P | FixedReset Disc | -3.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-26 Maturity Price : 20.75 Evaluated at bid price : 20.75 Bid-YTW : 5.71 % |
| CU.PR.H | Perpetual-Discount | -3.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-26 Maturity Price : 23.32 Evaluated at bid price : 23.60 Bid-YTW : 5.58 % |
| GWO.PR.H | Insurance Straight | -2.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-26 Maturity Price : 21.28 Evaluated at bid price : 21.55 Bid-YTW : 5.71 % |
| PWF.PR.S | Perpetual-Discount | -1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-26 Maturity Price : 21.25 Evaluated at bid price : 21.25 Bid-YTW : 5.72 % |
| BN.PR.B | Floater | -1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-26 Maturity Price : 13.30 Evaluated at bid price : 13.30 Bid-YTW : 5.96 % |
| SLF.PR.C | Insurance Straight | -1.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-26 Maturity Price : 21.30 Evaluated at bid price : 21.30 Bid-YTW : 5.31 % |
| PWF.PR.A | Floater | -1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-26 Maturity Price : 14.83 Evaluated at bid price : 14.83 Bid-YTW : 5.30 % |
| MFC.PR.C | Insurance Straight | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-26 Maturity Price : 21.57 Evaluated at bid price : 21.83 Bid-YTW : 5.23 % |
| ENB.PF.A | FixedReset Disc | 1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-26 Maturity Price : 22.85 Evaluated at bid price : 23.88 Bid-YTW : 6.01 % |
| GWO.PR.R | Insurance Straight | 1.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-26 Maturity Price : 21.67 Evaluated at bid price : 21.92 Bid-YTW : 5.55 % |
| POW.PR.D | Perpetual-Discount | 2.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-26 Maturity Price : 22.66 Evaluated at bid price : 22.90 Bid-YTW : 5.52 % |
| MFC.PR.Q | FixedReset Ins Non | 3.60 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-19 Maturity Price : 25.00 Evaluated at bid price : 25.90 Bid-YTW : 4.69 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| SLF.PR.G | FixedReset Ins Non | 92,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-26 Maturity Price : 21.34 Evaluated at bid price : 21.34 Bid-YTW : 5.31 % |
| ENB.PF.C | FixedReset Disc | 90,860 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-26 Maturity Price : 22.36 Evaluated at bid price : 23.00 Bid-YTW : 6.19 % |
| CU.PR.C | FixedReset Disc | 80,600 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-06-01 Maturity Price : 25.00 Evaluated at bid price : 25.10 Bid-YTW : 4.74 % |
| ENB.PF.E | FixedReset Disc | 58,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-26 Maturity Price : 22.61 Evaluated at bid price : 23.50 Bid-YTW : 6.04 % |
| ENB.PR.F | FixedReset Disc | 51,450 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-26 Maturity Price : 22.67 Evaluated at bid price : 23.00 Bid-YTW : 6.13 % |
| ENB.PR.T | FixedReset Disc | 30,568 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-05-26 Maturity Price : 23.27 Evaluated at bid price : 24.70 Bid-YTW : 5.78 % |
| 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 |
| PWF.PR.P | FixedReset Disc | Quote: 20.75 – 22.25 Spot Rate : 1.5000 Average : 1.1553 YTW SCENARIO |
| ENB.PR.F | FixedReset Disc | Quote: 23.00 – 24.05 Spot Rate : 1.0500 Average : 0.7348 YTW SCENARIO |
| ENB.PF.C | FixedReset Disc | Quote: 23.00 – 23.89 Spot Rate : 0.8900 Average : 0.5779 YTW SCENARIO |
| GWO.PR.H | Insurance Straight | Quote: 21.55 – 22.39 Spot Rate : 0.8400 Average : 0.5566 YTW SCENARIO |
| CU.PR.H | Perpetual-Discount | Quote: 23.60 – 24.61 Spot Rate : 1.0100 Average : 0.7694 YTW SCENARIO |
| NA.PR.C | FixedReset Prem | Quote: 26.25 – 27.25 Spot Rate : 1.0000 Average : 0.8087 YTW SCENARIO |