| 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 | 5.67 % | 6.06 % | 29,029 | 14.80 | 1 | 0.0577 % | 2,588.6 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.8787 % | 4,948.7 |
| Floater | 5.50 % | 5.74 % | 37,800 | 14.22 | 3 | 0.8787 % | 2,852.0 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1820 % | 3,633.0 |
| SplitShare | 4.80 % | 4.38 % | 54,035 | 2.79 | 5 | -0.1820 % | 4,338.6 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1820 % | 3,385.2 |
| Perpetual-Premium | 5.69 % | 5.70 % | 83,527 | 14.09 | 7 | 0.2275 % | 3,065.4 |
| Perpetual-Discount | 5.60 % | 5.68 % | 45,350 | 14.33 | 28 | -0.0410 % | 3,364.6 |
| FixedReset Disc | 5.58 % | 5.87 % | 130,886 | 13.96 | 19 | 0.2690 % | 3,332.5 |
| Insurance Straight | 5.52 % | 5.56 % | 47,837 | 14.47 | 22 | -1.1224 % | 3,266.2 |
| FloatingReset | 4.65 % | 4.65 % | 26,079 | 16.22 | 1 | 3.5807 % | 4,095.3 |
| FixedReset Prem | 5.93 % | 4.68 % | 81,386 | 2.28 | 29 | -0.0348 % | 2,651.6 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2690 % | 3,406.4 |
| FixedReset Ins Non | 5.11 % | 5.26 % | 78,455 | 2.14 | 14 | -0.0741 % | 3,234.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| GWO.PR.G | Insurance Straight | -3.97 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-02 Maturity Price : 22.24 Evaluated at bid price : 22.51 Bid-YTW : 5.77 % |
| BN.PF.C | Perpetual-Discount | -2.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-02 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 6.03 % |
| IFC.PR.K | Insurance Straight | -2.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-02 Maturity Price : 22.93 Evaluated at bid price : 23.35 Bid-YTW : 5.70 % |
| CU.PR.H | Perpetual-Discount | -1.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-02 Maturity Price : 23.58 Evaluated at bid price : 23.85 Bid-YTW : 5.53 % |
| SLF.PR.E | Insurance Straight | -1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-02 Maturity Price : 21.40 Evaluated at bid price : 21.40 Bid-YTW : 5.26 % |
| CU.PR.E | Perpetual-Discount | -1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-02 Maturity Price : 21.86 Evaluated at bid price : 22.10 Bid-YTW : 5.57 % |
| GWO.PR.H | Insurance Straight | -1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-02 Maturity Price : 20.99 Evaluated at bid price : 20.99 Bid-YTW : 5.79 % |
| GWO.PR.N | FixedReset Ins Non | -1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-02 Maturity Price : 19.51 Evaluated at bid price : 19.51 Bid-YTW : 5.56 % |
| GWO.PR.S | Insurance Straight | -1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-02 Maturity Price : 22.71 Evaluated at bid price : 23.00 Bid-YTW : 5.70 % |
| PVS.PR.M | SplitShare | -1.10 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2031-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.22 Bid-YTW : 4.96 % |
| MFC.PR.Q | FixedReset Ins Non | 1.04 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-19 Maturity Price : 25.00 Evaluated at bid price : 25.15 Bid-YTW : 5.52 % |
| BN.PR.B | Floater | 1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-02 Maturity Price : 13.81 Evaluated at bid price : 13.81 Bid-YTW : 5.75 % |
| ENB.PR.H | FixedReset Disc | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-02 Maturity Price : 23.20 Evaluated at bid price : 24.20 Bid-YTW : 5.53 % |
| CCS.PR.C | Insurance Straight | 1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-02 Maturity Price : 22.60 Evaluated at bid price : 22.85 Bid-YTW : 5.46 % |
| CU.PR.D | Perpetual-Discount | 1.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-02 Maturity Price : 22.12 Evaluated at bid price : 22.40 Bid-YTW : 5.49 % |
| ENB.PF.C | FixedReset Disc | 2.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-02 Maturity Price : 22.72 Evaluated at bid price : 23.65 Bid-YTW : 6.01 % |
| SLF.PR.J | FloatingReset | 3.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-02 Maturity Price : 19.96 Evaluated at bid price : 19.96 Bid-YTW : 4.65 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| NA.PR.S | FixedReset Prem | 68,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-05-15 Maturity Price : 25.00 Evaluated at bid price : 26.11 Bid-YTW : 4.71 % |
| NA.PR.G | FixedReset Prem | 51,135 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-11-16 Maturity Price : 25.00 Evaluated at bid price : 26.72 Bid-YTW : 4.24 % |
| ENB.PR.Y | FixedReset Disc | 25,538 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-02 Maturity Price : 22.29 Evaluated at bid price : 22.80 Bid-YTW : 6.00 % |
| BN.PF.B | FixedReset Prem | 20,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-02 Maturity Price : 23.49 Evaluated at bid price : 25.25 Bid-YTW : 5.79 % |
| PVS.PR.M | SplitShare | 14,000 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2031-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.22 Bid-YTW : 4.96 % |
| GWO.PR.Z | Insurance Straight | 11,172 | YTW SCENARIO Maturity Type : Call Maturity Date : 2034-09-30 Maturity Price : 25.00 Evaluated at bid price : 25.01 Bid-YTW : 5.67 % |
| There were 5 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: 22.51 – 23.93 Spot Rate : 1.4200 Average : 0.9003 YTW SCENARIO |
| PWF.PR.G | Perpetual-Premium | Quote: 25.40 – 26.40 Spot Rate : 1.0000 Average : 0.6940 YTW SCENARIO |
| MFC.PR.N | FixedReset Ins Non | Quote: 24.64 – 25.50 Spot Rate : 0.8600 Average : 0.5952 YTW SCENARIO |
| BN.PF.C | Perpetual-Discount | Quote: 20.50 – 21.29 Spot Rate : 0.7900 Average : 0.5305 YTW SCENARIO |
| GWO.PR.H | Insurance Straight | Quote: 20.99 – 22.06 Spot Rate : 1.0700 Average : 0.8308 YTW SCENARIO |
| IFC.PR.K | Insurance Straight | Quote: 23.35 – 24.20 Spot Rate : 0.8500 Average : 0.6131 YTW SCENARIO |