| 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 | 5.62 % | 6.01 % | 24,161 | 14.82 | 1 | 0.0000 % | 2,611.0 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3327 % | 4,918.4 |
| Floater | 5.53 % | 5.59 % | 40,885 | 14.58 | 3 | 0.3327 % | 2,834.5 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0397 % | 3,629.0 |
| SplitShare | 4.80 % | 4.57 % | 54,706 | 2.75 | 5 | -0.0397 % | 4,333.8 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0397 % | 3,381.4 |
| Perpetual-Premium | 5.69 % | 5.73 % | 72,083 | 14.02 | 7 | 0.0567 % | 3,066.3 |
| Perpetual-Discount | 5.59 % | 5.67 % | 40,569 | 14.31 | 28 | -0.1602 % | 3,372.8 |
| FixedReset Disc | 5.65 % | 5.88 % | 123,438 | 13.88 | 19 | -0.3502 % | 3,292.0 |
| Insurance Straight | 5.49 % | 5.51 % | 46,886 | 14.61 | 22 | 0.0993 % | 3,284.1 |
| FloatingReset | 4.72 % | 4.73 % | 21,067 | 16.04 | 1 | -1.7043 % | 4,023.4 |
| FixedReset Prem | 5.94 % | 4.68 % | 86,854 | 2.35 | 29 | -0.1487 % | 2,643.2 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.3502 % | 3,365.1 |
| FixedReset Ins Non | 5.16 % | 5.32 % | 69,016 | 14.56 | 14 | -0.1915 % | 3,200.7 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| ENB.PF.A | FixedReset Disc | -2.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-18 Maturity Price : 22.56 Evaluated at bid price : 23.30 Bid-YTW : 6.15 % |
| SLF.PR.J | FloatingReset | -1.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-18 Maturity Price : 19.61 Evaluated at bid price : 19.61 Bid-YTW : 4.73 % |
| GWO.PR.N | FixedReset Ins Non | -1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-18 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 5.67 % |
| PWF.PR.S | Perpetual-Discount | -1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-18 Maturity Price : 21.25 Evaluated at bid price : 21.25 Bid-YTW : 5.74 % |
| CU.PR.E | Perpetual-Discount | -1.39 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-18 Maturity Price : 21.75 Evaluated at bid price : 22.00 Bid-YTW : 5.61 % |
| CU.PR.D | Perpetual-Discount | -1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-18 Maturity Price : 21.76 Evaluated at bid price : 22.01 Bid-YTW : 5.61 % |
| BN.PF.F | FixedReset Prem | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-18 Maturity Price : 23.27 Evaluated at bid price : 24.82 Bid-YTW : 5.90 % |
| BN.PF.A | FixedReset Prem | -1.16 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-30 Maturity Price : 25.00 Evaluated at bid price : 25.60 Bid-YTW : 5.54 % |
| ENB.PR.Y | FixedReset Disc | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-18 Maturity Price : 22.09 Evaluated at bid price : 22.50 Bid-YTW : 6.05 % |
| ENB.PF.E | FixedReset Disc | -1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-18 Maturity Price : 22.51 Evaluated at bid price : 23.30 Bid-YTW : 6.07 % |
| BN.PR.B | Floater | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-18 Maturity Price : 13.99 Evaluated at bid price : 13.99 Bid-YTW : 5.59 % |
| MFC.PR.C | Insurance Straight | 1.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-18 Maturity Price : 21.57 Evaluated at bid price : 21.83 Bid-YTW : 5.17 % |
| GWO.PR.H | Insurance Straight | 3.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-18 Maturity Price : 21.38 Evaluated at bid price : 21.65 Bid-YTW : 5.61 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| PVS.PR.H | SplitShare | 95,075 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-07-18 Maturity Price : 25.00 Evaluated at bid price : 25.08 Bid-YTW : 2.53 % |
| PVS.PR.K | SplitShare | 43,200 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2029-05-31 Maturity Price : 25.00 Evaluated at bid price : 24.97 Bid-YTW : 4.57 % |
| NA.PR.S | FixedReset Prem | 36,100 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-05-15 Maturity Price : 25.00 Evaluated at bid price : 26.19 Bid-YTW : 4.67 % |
| PWF.PR.A | Floater | 31,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-18 Maturity Price : 14.64 Evaluated at bid price : 14.64 Bid-YTW : 5.39 % |
| PWF.PR.Z | Perpetual-Discount | 27,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-18 Maturity Price : 22.77 Evaluated at bid price : 23.05 Bid-YTW : 5.66 % |
| TD.PF.I | FixedReset Prem | 14,069 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-10-31 Maturity Price : 25.00 Evaluated at bid price : 25.85 Bid-YTW : 4.38 % |
| There were 8 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.T | FixedReset Disc | Quote: 22.61 – 23.55 Spot Rate : 0.9400 Average : 0.6263 YTW SCENARIO |
| MFC.PR.N | FixedReset Ins Non | Quote: 24.67 – 25.50 Spot Rate : 0.8300 Average : 0.5211 YTW SCENARIO |
| ENB.PF.A | FixedReset Disc | Quote: 23.30 – 24.05 Spot Rate : 0.7500 Average : 0.4657 YTW SCENARIO |
| PWF.PR.T | FixedReset Prem | Quote: 25.09 – 26.09 Spot Rate : 1.0000 Average : 0.7744 YTW SCENARIO |
| PWF.PR.R | Perpetual-Discount | Quote: 24.40 – 25.00 Spot Rate : 0.6000 Average : 0.3775 YTW SCENARIO |
| MFC.PR.M | FixedReset Ins Non | Quote: 24.80 – 25.45 Spot Rate : 0.6500 Average : 0.4302 YTW SCENARIO |