| 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 % | 21,464 | 14.65 | 1 | 0.2857 % | 2,618.5 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.8996 % | 4,876.5 |
| Floater | 5.58 % | 5.68 % | 38,790 | 14.43 | 3 | -0.8996 % | 2,810.3 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0635 % | 3,626.1 |
| SplitShare | 4.80 % | 4.91 % | 60,866 | 2.72 | 5 | -0.0635 % | 4,330.4 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0635 % | 3,378.7 |
| Perpetual-Premium | 5.69 % | 5.60 % | 62,587 | 13.99 | 7 | 0.2045 % | 3,067.3 |
| Perpetual-Discount | 5.58 % | 5.66 % | 40,587 | 14.36 | 29 | 0.0938 % | 3,379.3 |
| FixedReset Disc | 5.65 % | 5.84 % | 111,294 | 13.90 | 19 | 0.1577 % | 3,291.5 |
| Insurance Straight | 5.49 % | 5.53 % | 47,188 | 14.61 | 22 | -0.0139 % | 3,283.4 |
| FloatingReset | 4.75 % | 4.77 % | 17,954 | 15.96 | 1 | 0.0000 % | 3,976.3 |
| FixedReset Prem | 5.92 % | 4.81 % | 77,788 | 2.31 | 29 | -0.0094 % | 2,652.0 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1577 % | 3,364.6 |
| FixedReset Ins Non | 5.32 % | 5.25 % | 50,376 | 14.63 | 14 | 0.1856 % | 3,211.7 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PR.K | Floater | -2.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-29 Maturity Price : 13.56 Evaluated at bid price : 13.56 Bid-YTW : 5.78 % |
| PWF.PR.E | Perpetual-Discount | -1.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-29 Maturity Price : 23.95 Evaluated at bid price : 24.20 Bid-YTW : 5.77 % |
| FTS.PR.H | FixedReset Disc | -1.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-29 Maturity Price : 20.20 Evaluated at bid price : 20.20 Bid-YTW : 5.50 % |
| CCS.PR.C | Insurance Straight | -1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-29 Maturity Price : 22.01 Evaluated at bid price : 22.25 Bid-YTW : 5.64 % |
| FTS.PR.J | Perpetual-Discount | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-29 Maturity Price : 22.58 Evaluated at bid price : 22.83 Bid-YTW : 5.25 % |
| ENB.PF.E | FixedReset Disc | 1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-29 Maturity Price : 22.65 Evaluated at bid price : 23.55 Bid-YTW : 5.97 % |
| MFC.PR.C | Insurance Straight | 1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-29 Maturity Price : 21.55 Evaluated at bid price : 21.81 Bid-YTW : 5.18 % |
| MIC.PR.A | Perpetual-Discount | 1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-29 Maturity Price : 22.60 Evaluated at bid price : 23.00 Bid-YTW : 5.89 % |
| POW.PR.C | Perpetual-Premium | 1.39 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-07-29 Maturity Price : 25.00 Evaluated at bid price : 25.60 Bid-YTW : -24.53 % |
| PWF.PR.S | Perpetual-Discount | 1.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-29 Maturity Price : 21.33 Evaluated at bid price : 21.60 Bid-YTW : 5.64 % |
| IFC.PR.A | FixedReset Ins Non | 3.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-29 Maturity Price : 22.32 Evaluated at bid price : 22.70 Bid-YTW : 5.23 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| GWO.PF.A | Perpetual-Discount | 78,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-29 Maturity Price : 24.62 Evaluated at bid price : 25.02 Bid-YTW : 5.72 % |
| PWF.PR.P | FixedReset Disc | 36,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-29 Maturity Price : 20.47 Evaluated at bid price : 20.47 Bid-YTW : 5.73 % |
| TD.PF.I | FixedReset Prem | 17,600 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-10-31 Maturity Price : 25.00 Evaluated at bid price : 26.01 Bid-YTW : 3.99 % |
| ENB.PR.P | FixedReset Disc | 14,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-29 Maturity Price : 23.03 Evaluated at bid price : 24.00 Bid-YTW : 5.84 % |
| POW.PR.I | Perpetual-Premium | 12,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-29 Maturity Price : 24.50 Evaluated at bid price : 24.90 Bid-YTW : 5.67 % |
| ENB.PR.N | FixedReset Prem | 12,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-06-29 Maturity Price : 23.50 Evaluated at bid price : 25.05 Bid-YTW : 5.81 % |
| 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 |
| IFC.PR.K | Insurance Straight | Quote: 23.85 – 24.90 Spot Rate : 1.0500 Average : 0.6178 YTW SCENARIO |
| NA.PR.G | FixedReset Prem | Quote: 26.80 – 27.80 Spot Rate : 1.0000 Average : 0.5742 YTW SCENARIO |
| POW.PR.D | Perpetual-Discount | Quote: 22.60 – 23.40 Spot Rate : 0.8000 Average : 0.4815 YTW SCENARIO |
| POW.PR.H | Perpetual-Premium | Quote: 25.25 – 26.25 Spot Rate : 1.0000 Average : 0.8035 YTW SCENARIO |
| SLF.PR.G | FixedReset Ins Non | Quote: 20.55 – 21.80 Spot Rate : 1.2500 Average : 1.0632 YTW SCENARIO |
| GWO.PR.N | FixedReset Ins Non | Quote: 19.35 – 20.50 Spot Rate : 1.1500 Average : 0.9813 YTW SCENARIO |