| 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 | 5.59 % | 5.79 % | 21,632 | 14.74 | 1 | 0.0000 % | 2,622.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 1.0260 % | 4,932.4 |
| Floater | 5.52 % | 5.64 % | 37,614 | 14.48 | 3 | 1.0260 % | 2,842.6 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1588 % | 3,621.5 |
| SplitShare | 4.81 % | 4.96 % | 58,371 | 2.71 | 5 | -0.1588 % | 4,324.9 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1588 % | 3,374.4 |
| Perpetual-Premium | 5.68 % | 5.63 % | 59,272 | 6.58 | 7 | 0.2611 % | 3,072.2 |
| Perpetual-Discount | 5.58 % | 5.67 % | 41,107 | 14.38 | 29 | 0.2057 % | 3,383.8 |
| FixedReset Disc | 5.61 % | 5.81 % | 109,252 | 13.96 | 19 | 0.3387 % | 3,316.2 |
| Insurance Straight | 5.48 % | 5.53 % | 47,527 | 14.60 | 22 | 0.2998 % | 3,291.8 |
| FloatingReset | 4.78 % | 4.81 % | 16,558 | 15.89 | 1 | -0.6708 % | 3,949.6 |
| FixedReset Prem | 5.92 % | 4.68 % | 76,896 | 2.30 | 29 | 0.0000 % | 2,654.9 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3387 % | 3,389.9 |
| FixedReset Ins Non | 5.30 % | 5.26 % | 51,204 | 14.67 | 14 | 0.3288 % | 3,221.3 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| PWF.PR.S | Perpetual-Discount | -1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-02 Maturity Price : 21.25 Evaluated at bid price : 21.25 Bid-YTW : 5.76 % |
| BN.PR.R | FixedReset Disc | 1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-02 Maturity Price : 22.54 Evaluated at bid price : 23.49 Bid-YTW : 5.64 % |
| CU.PR.E | Perpetual-Discount | 1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-02 Maturity Price : 22.17 Evaluated at bid price : 22.45 Bid-YTW : 5.51 % |
| ENB.PR.D | FixedReset Disc | 1.10 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-02 Maturity Price : 22.53 Evaluated at bid price : 22.90 Bid-YTW : 5.94 % |
| MFC.PR.K | FixedReset Ins Non | 1.18 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-19 Maturity Price : 25.00 Evaluated at bid price : 25.70 Bid-YTW : 5.14 % |
| FTS.PR.J | Perpetual-Discount | 1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-02 Maturity Price : 22.56 Evaluated at bid price : 22.82 Bid-YTW : 5.25 % |
| CU.PR.D | Perpetual-Discount | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-02 Maturity Price : 22.22 Evaluated at bid price : 22.50 Bid-YTW : 5.50 % |
| ENB.PF.G | FixedReset Disc | 1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-02 Maturity Price : 22.91 Evaluated at bid price : 24.15 Bid-YTW : 5.89 % |
| GWO.PR.M | Insurance Straight | 1.53 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-08-01 Maturity Price : 25.00 Evaluated at bid price : 25.94 Bid-YTW : -35.24 % |
| GWO.PR.I | Insurance Straight | 2.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-02 Maturity Price : 20.97 Evaluated at bid price : 20.97 Bid-YTW : 5.40 % |
| MFC.PR.J | FixedReset Ins Non | 2.18 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-03-19 Maturity Price : 25.00 Evaluated at bid price : 25.36 Bid-YTW : 5.45 % |
| BN.PR.K | Floater | 2.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-02 Maturity Price : 13.86 Evaluated at bid price : 13.86 Bid-YTW : 5.66 % |
| GWO.PR.P | Insurance Straight | 3.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-02 Maturity Price : 23.68 Evaluated at bid price : 23.95 Bid-YTW : 5.66 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| PVS.PR.H | SplitShare | 48,575 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2027-02-28 Maturity Price : 25.00 Evaluated at bid price : 25.04 Bid-YTW : 4.97 % |
| GWO.PF.A | Perpetual-Discount | 39,751 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-02 Maturity Price : 24.65 Evaluated at bid price : 25.05 Bid-YTW : 5.72 % |
| SLF.PR.H | FixedReset Ins Non | 27,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-02 Maturity Price : 23.42 Evaluated at bid price : 24.38 Bid-YTW : 5.26 % |
| GWO.PR.Z | Insurance Straight | 25,394 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-02 Maturity Price : 24.60 Evaluated at bid price : 25.01 Bid-YTW : 5.72 % |
| BN.PR.T | FixedReset Disc | 19,601 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-02 Maturity Price : 22.09 Evaluated at bid price : 22.73 Bid-YTW : 5.78 % |
| CM.PR.S | FixedReset Prem | 17,107 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-01-31 Maturity Price : 25.00 Evaluated at bid price : 25.53 Bid-YTW : 4.19 % |
| There were 5 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 |
| GWO.PR.G | Insurance Straight | Quote: 23.75 – 24.80 Spot Rate : 1.0500 Average : 0.6590 YTW SCENARIO |
| ENB.PR.P | FixedReset Disc | Quote: 24.10 – 24.80 Spot Rate : 0.7000 Average : 0.4508 YTW SCENARIO |
| ENB.PF.C | FixedReset Disc | Quote: 23.55 – 24.80 Spot Rate : 1.2500 Average : 1.0031 YTW SCENARIO |
| POW.PR.B | Perpetual-Discount | Quote: 23.65 – 24.33 Spot Rate : 0.6800 Average : 0.4580 YTW SCENARIO |
| SLF.PR.E | Insurance Straight | Quote: 21.62 – 22.35 Spot Rate : 0.7300 Average : 0.5082 YTW SCENARIO |
| MFC.PR.B | Insurance Straight | Quote: 22.15 – 22.75 Spot Rate : 0.6000 Average : 0.4230 YTW SCENARIO |