| 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 % | 6.01 % | 21,541 | 14.80 | 1 | -0.2849 % | 2,611.0 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4518 % | 4,920.7 |
| Floater | 5.53 % | 5.64 % | 40,387 | 14.50 | 3 | 0.4518 % | 2,835.9 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0714 % | 3,628.4 |
| SplitShare | 4.80 % | 4.85 % | 58,331 | 2.73 | 5 | -0.0714 % | 4,333.1 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0714 % | 3,380.9 |
| Perpetual-Premium | 5.70 % | 5.62 % | 64,863 | 14.04 | 7 | 0.0398 % | 3,061.0 |
| Perpetual-Discount | 5.59 % | 5.68 % | 40,616 | 14.37 | 29 | 0.1393 % | 3,376.1 |
| FixedReset Disc | 5.66 % | 5.94 % | 110,880 | 13.79 | 19 | 0.0640 % | 3,286.3 |
| Insurance Straight | 5.49 % | 5.53 % | 46,827 | 14.62 | 22 | -0.1387 % | 3,283.9 |
| FloatingReset | 4.76 % | 4.78 % | 18,089 | 15.94 | 1 | -1.1729 % | 3,976.3 |
| FixedReset Prem | 5.92 % | 4.83 % | 78,176 | 2.22 | 29 | 0.0736 % | 2,652.3 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0640 % | 3,359.3 |
| FixedReset Ins Non | 5.33 % | 5.31 % | 50,675 | 14.57 | 14 | -0.3015 % | 3,205.8 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| IFC.PR.A | FixedReset Ins Non | -3.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-26 Maturity Price : 21.60 Evaluated at bid price : 22.00 Bid-YTW : 5.47 % |
| GWO.PR.T | Insurance Straight | -3.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-26 Maturity Price : 22.22 Evaluated at bid price : 22.50 Bid-YTW : 5.74 % |
| GWO.PR.M | Insurance Straight | -1.21 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-07-26 Maturity Price : 25.00 Evaluated at bid price : 25.40 Bid-YTW : -13.81 % |
| SLF.PR.J | FloatingReset | -1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-26 Maturity Price : 19.38 Evaluated at bid price : 19.38 Bid-YTW : 4.78 % |
| SLF.PR.G | FixedReset Ins Non | -1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-26 Maturity Price : 20.59 Evaluated at bid price : 20.59 Bid-YTW : 5.41 % |
| GWO.PR.N | FixedReset Ins Non | 1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-26 Maturity Price : 19.19 Evaluated at bid price : 19.19 Bid-YTW : 5.64 % |
| PWF.PR.F | Perpetual-Discount | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-26 Maturity Price : 23.15 Evaluated at bid price : 23.41 Bid-YTW : 5.69 % |
| BN.PF.F | FixedReset Prem | 1.11 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-10-01 Maturity Price : 25.00 Evaluated at bid price : 25.58 Bid-YTW : 5.06 % |
| BN.PR.B | Floater | 1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-26 Maturity Price : 13.90 Evaluated at bid price : 13.90 Bid-YTW : 5.64 % |
| POW.PR.B | Perpetual-Discount | 1.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-26 Maturity Price : 23.36 Evaluated at bid price : 23.65 Bid-YTW : 5.66 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| GWO.PF.A | Perpetual-Discount | 65,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-26 Maturity Price : 24.61 Evaluated at bid price : 25.01 Bid-YTW : 5.72 % |
| ENB.PR.J | FixedReset Disc | 58,350 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-26 Maturity Price : 23.00 Evaluated at bid price : 23.94 Bid-YTW : 5.99 % |
| PVS.PR.J | SplitShare | 20,380 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2028-02-29 Maturity Price : 25.00 Evaluated at bid price : 24.99 Bid-YTW : 4.59 % |
| PVS.PR.M | SplitShare | 17,100 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2031-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.32 Bid-YTW : 4.94 % |
| ENB.PR.Y | FixedReset Disc | 14,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-26 Maturity Price : 22.14 Evaluated at bid price : 22.56 Bid-YTW : 6.06 % |
| TD.PF.I | FixedReset Prem | 14,100 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-10-31 Maturity Price : 25.00 Evaluated at bid price : 26.00 Bid-YTW : 3.99 % |
| There were 3 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 |
| POW.PR.H | Perpetual-Premium | Quote: 25.20 – 26.20 Spot Rate : 1.0000 Average : 0.5880 YTW SCENARIO |
| BN.PF.F | FixedReset Prem | Quote: 25.58 – 26.58 Spot Rate : 1.0000 Average : 0.6548 YTW SCENARIO |
| ENB.PR.J | FixedReset Disc | Quote: 23.94 – 24.45 Spot Rate : 0.5100 Average : 0.3380 YTW SCENARIO |
| PWF.PR.K | Perpetual-Discount | Quote: 22.10 – 22.61 Spot Rate : 0.5100 Average : 0.3458 YTW SCENARIO |
| IFC.PR.A | FixedReset Ins Non | Quote: 22.00 – 22.96 Spot Rate : 0.9600 Average : 0.8105 YTW SCENARIO |
| GWO.PR.M | Insurance Straight | Quote: 25.40 – 25.85 Spot Rate : 0.4500 Average : 0.3159 YTW SCENARIO |