| 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 | 5.61 % | 6.00 % | 24,172 | 14.83 | 1 | 0.1714 % | 2,615.5 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.6869 % | 4,952.2 |
| Floater | 5.50 % | 5.61 % | 40,349 | 14.56 | 3 | 0.6869 % | 2,854.0 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0397 % | 3,630.4 |
| SplitShare | 4.80 % | 4.83 % | 52,635 | 2.74 | 5 | 0.0397 % | 4,335.5 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0397 % | 3,382.7 |
| Perpetual-Premium | 5.69 % | 5.73 % | 71,636 | 14.03 | 7 | 0.0284 % | 3,067.1 |
| Perpetual-Discount | 5.59 % | 5.67 % | 40,136 | 14.32 | 28 | 0.0724 % | 3,375.3 |
| FixedReset Disc | 5.64 % | 5.88 % | 118,599 | 13.87 | 19 | 0.1438 % | 3,296.8 |
| Insurance Straight | 5.49 % | 5.51 % | 46,176 | 14.58 | 22 | -0.0079 % | 3,283.8 |
| FloatingReset | 4.72 % | 4.74 % | 20,241 | 16.04 | 1 | 0.0000 % | 4,023.4 |
| FixedReset Prem | 5.93 % | 4.66 % | 85,576 | 2.24 | 29 | 0.2187 % | 2,649.0 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1438 % | 3,370.0 |
| FixedReset Ins Non | 5.15 % | 5.28 % | 68,340 | 14.64 | 14 | 0.2579 % | 3,209.0 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CIU.PR.A | Perpetual-Discount | -1.91 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-19 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 5.67 % |
| MFC.PR.J | FixedReset Ins Non | -1.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-19 Maturity Price : 23.58 Evaluated at bid price : 24.82 Bid-YTW : 5.74 % |
| ENB.PR.F | FixedReset Disc | -1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-19 Maturity Price : 22.86 Evaluated at bid price : 23.20 Bid-YTW : 6.05 % |
| MFC.PR.C | Insurance Straight | -1.28 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-19 Maturity Price : 21.28 Evaluated at bid price : 21.55 Bid-YTW : 5.24 % |
| GWO.PR.T | Insurance Straight | -1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-19 Maturity Price : 22.22 Evaluated at bid price : 22.50 Bid-YTW : 5.73 % |
| MFC.PR.N | FixedReset Ins Non | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-19 Maturity Price : 23.26 Evaluated at bid price : 24.94 Bid-YTW : 5.27 % |
| MFC.PR.M | FixedReset Ins Non | 1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-19 Maturity Price : 23.35 Evaluated at bid price : 25.12 Bid-YTW : 5.36 % |
| BN.PR.R | FixedReset Disc | 1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-19 Maturity Price : 22.50 Evaluated at bid price : 23.41 Bid-YTW : 5.70 % |
| BN.PF.A | FixedReset Prem | 1.52 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-30 Maturity Price : 25.00 Evaluated at bid price : 25.99 Bid-YTW : 4.83 % |
| BN.PF.F | FixedReset Prem | 1.53 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-10-01 Maturity Price : 25.00 Evaluated at bid price : 25.20 Bid-YTW : 5.54 % |
| ENB.PF.A | FixedReset Disc | 1.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-19 Maturity Price : 22.78 Evaluated at bid price : 23.72 Bid-YTW : 6.03 % |
| GWO.PR.N | FixedReset Ins Non | 2.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-19 Maturity Price : 19.40 Evaluated at bid price : 19.40 Bid-YTW : 5.55 % |
| BN.PR.K | Floater | 2.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-19 Maturity Price : 13.95 Evaluated at bid price : 13.95 Bid-YTW : 5.61 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| PWF.PR.T | FixedReset Prem | 72,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-19 Maturity Price : 23.48 Evaluated at bid price : 25.09 Bid-YTW : 5.44 % |
| ENB.PR.Y | FixedReset Disc | 29,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-19 Maturity Price : 22.17 Evaluated at bid price : 22.61 Bid-YTW : 6.02 % |
| There were 0 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 |
| MFC.PR.J | FixedReset Ins Non | Quote: 24.82 – 25.99 Spot Rate : 1.1700 Average : 0.7160 YTW SCENARIO |
| CIU.PR.A | Perpetual-Discount | Quote: 20.50 – 21.13 Spot Rate : 0.6300 Average : 0.3940 YTW SCENARIO |
| PWF.PR.S | Perpetual-Discount | Quote: 21.25 – 21.93 Spot Rate : 0.6800 Average : 0.5257 YTW SCENARIO |
| BN.PR.T | FixedReset Disc | Quote: 22.61 – 23.55 Spot Rate : 0.9400 Average : 0.7904 YTW SCENARIO |
| MFC.PR.B | Insurance Straight | Quote: 22.18 – 22.67 Spot Rate : 0.4900 Average : 0.3714 YTW SCENARIO |
| PWF.PR.T | FixedReset Prem | Quote: 25.09 – 26.09 Spot Rate : 1.0000 Average : 0.8924 YTW SCENARIO |