Sorry about the expired SSL certificate. I have a guy working on it – the problem should be fixed very soon.
| HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
|||||||
| Index | Mean Current Yield (at bid) |
Median YTW |
Median Average Trading Value |
Median Mod Dur (YTW) |
Issues | Day’s Perf. | Index Value |
| Ratchet | 5.65 % | 6.04 % | 25,564 | 14.79 | 1 | -1.3598 % | 2,597.6 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0000 % | 4,947.5 |
| Floater | 5.50 % | 5.60 % | 40,699 | 14.58 | 3 | 0.0000 % | 2,851.3 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0556 % | 3,628.4 |
| SplitShare | 4.80 % | 4.48 % | 49,443 | 2.76 | 5 | 0.0556 % | 4,333.1 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0556 % | 3,380.9 |
| Perpetual-Premium | 5.69 % | 5.72 % | 73,550 | 13.98 | 7 | 0.2159 % | 3,067.1 |
| Perpetual-Discount | 5.60 % | 5.68 % | 41,395 | 14.30 | 28 | -0.0678 % | 3,365.1 |
| FixedReset Disc | 5.64 % | 5.88 % | 129,196 | 13.90 | 19 | -0.0751 % | 3,297.4 |
| Insurance Straight | 5.48 % | 5.57 % | 45,752 | 14.51 | 22 | -0.4381 % | 3,287.1 |
| FloatingReset | 4.64 % | 4.65 % | 23,725 | 16.20 | 1 | 0.0000 % | 4,093.2 |
| FixedReset Prem | 5.95 % | 4.68 % | 89,444 | 2.25 | 29 | -0.3198 % | 2,641.2 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0751 % | 3,370.6 |
| FixedReset Ins Non | 5.14 % | 5.30 % | 71,021 | 14.59 | 14 | 0.0060 % | 3,217.3 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| GWO.PR.T | Insurance Straight | -4.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 22.22 Evaluated at bid price : 22.50 Bid-YTW : 5.73 % |
| CU.PR.E | Perpetual-Discount | -2.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 21.44 Evaluated at bid price : 21.70 Bid-YTW : 5.68 % |
| PWF.PF.A | Perpetual-Discount | -1.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 20.10 Evaluated at bid price : 20.10 Bid-YTW : 5.69 % |
| GWO.PR.Q | Insurance Straight | -1.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 22.55 Evaluated at bid price : 22.80 Bid-YTW : 5.66 % |
| PWF.PR.A | Floater | -1.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 14.65 Evaluated at bid price : 14.65 Bid-YTW : 5.38 % |
| BN.PF.K | Ratchet | -1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 22.00 Evaluated at bid price : 17.41 Bid-YTW : 6.04 % |
| ENB.PR.D | FixedReset Disc | -1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 21.86 Evaluated at bid price : 22.40 Bid-YTW : 6.09 % |
| GWO.PR.N | FixedReset Ins Non | -1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 19.50 Evaluated at bid price : 19.50 Bid-YTW : 5.52 % |
| NA.PR.C | FixedReset Prem | -1.07 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 26.00 Bid-YTW : 4.54 % |
| CCS.PR.C | Insurance Straight | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 22.48 Evaluated at bid price : 22.74 Bid-YTW : 5.50 % |
| FTS.PR.J | Perpetual-Discount | 1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 22.40 Evaluated at bid price : 22.66 Bid-YTW : 5.27 % |
| BN.PF.M | FixedReset Prem | 1.67 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-01-01 Maturity Price : 25.00 Evaluated at bid price : 25.85 Bid-YTW : 4.78 % |
| CU.PR.G | Perpetual-Discount | 1.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 20.65 Evaluated at bid price : 20.65 Bid-YTW : 5.50 % |
| IFC.PR.M | Perpetual-Premium | 1.83 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 24.69 Evaluated at bid price : 25.10 Bid-YTW : 5.57 % |
| CU.PR.H | Perpetual-Discount | 1.97 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 24.06 Evaluated at bid price : 24.32 Bid-YTW : 5.43 % |
| FTS.PR.F | Perpetual-Discount | 2.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 22.73 Evaluated at bid price : 23.02 Bid-YTW : 5.35 % |
| ENB.PF.A | FixedReset Disc | 2.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 22.87 Evaluated at bid price : 23.90 Bid-YTW : 5.98 % |
| PWF.PR.Z | Perpetual-Discount | 2.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 22.65 Evaluated at bid price : 22.90 Bid-YTW : 5.70 % |
| BN.PR.K | Floater | 4.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 13.97 Evaluated at bid price : 13.97 Bid-YTW : 5.60 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| ENB.PF.K | FixedReset Prem | 123,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-03-01 Maturity Price : 25.00 Evaluated at bid price : 25.57 Bid-YTW : 4.99 % |
| ENB.PR.B | FixedReset Disc | 26,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 22.06 Evaluated at bid price : 22.69 Bid-YTW : 6.02 % |
| CU.PR.C | FixedReset Prem | 25,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-06-01 Maturity Price : 25.00 Evaluated at bid price : 25.20 Bid-YTW : 4.58 % |
| GWO.PR.Z | Insurance Straight | 20,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 24.47 Evaluated at bid price : 24.87 Bid-YTW : 5.73 % |
| ENB.PR.T | FixedReset Disc | 16,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 23.27 Evaluated at bid price : 24.67 Bid-YTW : 5.76 % |
| ENB.PR.D | FixedReset Disc | 13,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-15 Maturity Price : 21.86 Evaluated at bid price : 22.40 Bid-YTW : 6.09 % |
| There were 4 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.Y | Insurance Straight | Quote: 20.76 – 22.22 Spot Rate : 1.4600 Average : 0.9899 YTW SCENARIO |
| GWO.PR.T | Insurance Straight | Quote: 22.50 – 23.75 Spot Rate : 1.2500 Average : 0.9121 YTW SCENARIO |
| CU.PR.E | Perpetual-Discount | Quote: 21.70 – 22.40 Spot Rate : 0.7000 Average : 0.4195 YTW SCENARIO |
| MFC.PR.M | FixedReset Ins Non | Quote: 24.88 – 25.45 Spot Rate : 0.5700 Average : 0.3471 YTW SCENARIO |
| MFC.PR.C | Insurance Straight | Quote: 21.45 – 22.25 Spot Rate : 0.8000 Average : 0.5979 YTW SCENARIO |
| BN.PF.G | FixedReset Prem | Quote: 24.58 – 25.25 Spot Rate : 0.6700 Average : 0.4729 YTW SCENARIO |