| 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 | 5.60 % | 5.85 % | 20,638 | 14.66 | 1 | 0.0000 % | 2,618.5 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2372 % | 4,898.6 |
| Floater | 5.56 % | 5.66 % | 40,858 | 14.46 | 3 | -0.2372 % | 2,823.1 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0872 % | 3,631.0 |
| SplitShare | 4.80 % | 4.77 % | 57,328 | 2.73 | 5 | -0.0872 % | 4,336.2 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0872 % | 3,383.3 |
| Perpetual-Premium | 5.71 % | 5.53 % | 67,533 | 6.60 | 7 | 0.1879 % | 3,059.8 |
| Perpetual-Discount | 5.60 % | 5.68 % | 40,502 | 14.33 | 29 | -0.1059 % | 3,371.4 |
| FixedReset Disc | 5.66 % | 5.94 % | 111,670 | 13.79 | 19 | -0.0663 % | 3,284.2 |
| Insurance Straight | 5.48 % | 5.52 % | 47,314 | 14.62 | 22 | 0.5379 % | 3,288.4 |
| FloatingReset | 4.70 % | 4.73 % | 17,904 | 16.05 | 1 | 0.0000 % | 4,023.4 |
| FixedReset Prem | 5.93 % | 4.68 % | 80,331 | 2.33 | 29 | 0.0428 % | 2,650.3 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0663 % | 3,357.1 |
| FixedReset Ins Non | 5.31 % | 5.29 % | 51,551 | 14.57 | 14 | 1.4381 % | 3,215.5 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| GWO.PR.I | Insurance Straight | -1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-25 Maturity Price : 20.65 Evaluated at bid price : 20.65 Bid-YTW : 5.48 % |
| BN.PR.R | FixedReset Disc | -1.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-25 Maturity Price : 22.32 Evaluated at bid price : 23.08 Bid-YTW : 5.82 % |
| PWF.PR.S | Perpetual-Discount | -1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-25 Maturity Price : 21.25 Evaluated at bid price : 21.25 Bid-YTW : 5.75 % |
| POW.PR.B | Perpetual-Discount | -1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-25 Maturity Price : 22.93 Evaluated at bid price : 23.21 Bid-YTW : 5.77 % |
| PWF.PR.F | Perpetual-Discount | -1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-25 Maturity Price : 22.90 Evaluated at bid price : 23.17 Bid-YTW : 5.75 % |
| FTS.PR.J | Perpetual-Discount | 1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-25 Maturity Price : 22.55 Evaluated at bid price : 22.80 Bid-YTW : 5.25 % |
| GWO.PR.T | Insurance Straight | 3.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-25 Maturity Price : 22.96 Evaluated at bid price : 23.23 Bid-YTW : 5.56 % |
| IFC.PR.A | FixedReset Ins Non | 3.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-25 Maturity Price : 22.41 Evaluated at bid price : 22.80 Bid-YTW : 5.27 % |
| IFC.PR.E | Insurance Straight | 9.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-25 Maturity Price : 23.32 Evaluated at bid price : 23.60 Bid-YTW : 5.52 % |
| MFC.PR.K | FixedReset Ins Non | 18.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-25 Maturity Price : 23.70 Evaluated at bid price : 25.50 Bid-YTW : 5.28 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| GWO.PF.A | Perpetual-Discount | 153,392 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-25 Maturity Price : 24.60 Evaluated at bid price : 25.00 Bid-YTW : 5.72 % |
| FTS.PR.M | FixedReset Prem | 54,675 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-25 Maturity Price : 23.33 Evaluated at bid price : 25.03 Bid-YTW : 5.51 % |
| ENB.PR.N | FixedReset Prem | 21,865 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-25 Maturity Price : 23.47 Evaluated at bid price : 24.95 Bid-YTW : 5.90 % |
| POW.PR.I | Perpetual-Premium | 11,177 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-25 Maturity Price : 24.45 Evaluated at bid price : 24.85 Bid-YTW : 5.68 % |
| PVS.PR.K | SplitShare | 10,640 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2029-05-31 Maturity Price : 25.00 Evaluated at bid price : 25.06 Bid-YTW : 4.47 % |
| BN.PR.T | FixedReset Disc | 10,406 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-25 Maturity Price : 22.09 Evaluated at bid price : 22.73 Bid-YTW : 5.84 % |
| There were 1 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.R | FixedReset Disc | Quote: 23.08 – 23.90 Spot Rate : 0.8200 Average : 0.4658 YTW SCENARIO |
| GWO.PR.N | FixedReset Ins Non | Quote: 19.00 – 20.50 Spot Rate : 1.5000 Average : 1.3294 YTW SCENARIO |
| CIU.PR.A | Perpetual-Discount | Quote: 20.81 – 21.45 Spot Rate : 0.6400 Average : 0.4965 YTW SCENARIO |
| IFC.PR.M | Perpetual-Premium | Quote: 24.90 – 25.45 Spot Rate : 0.5500 Average : 0.4122 YTW SCENARIO |
| POW.PR.B | Perpetual-Discount | Quote: 23.21 – 23.84 Spot Rate : 0.6300 Average : 0.4923 YTW SCENARIO |
| GWO.PR.S | Insurance Straight | Quote: 23.41 – 23.80 Spot Rate : 0.3900 Average : 0.2766 YTW SCENARIO |