| 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 | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2594 % | 2,616.1 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2594 % | 4,926.6 |
| Floater | 5.52 % | 5.61 % | 37,645 | 14.52 | 3 | -0.2594 % | 2,839.2 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1509 % | 3,631.0 |
| SplitShare | 4.80 % | 4.90 % | 67,325 | 2.70 | 5 | 0.1509 % | 4,336.2 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1509 % | 3,383.3 |
| Perpetual-Premium | 5.70 % | 5.65 % | 59,127 | 14.02 | 7 | 0.1360 % | 3,071.1 |
| Perpetual-Discount | 5.58 % | 5.66 % | 39,223 | 14.35 | 27 | -0.0874 % | 3,384.5 |
| FixedReset Disc | 5.72 % | 5.87 % | 99,387 | 14.00 | 19 | 0.2561 % | 3,323.8 |
| Insurance Straight | 5.47 % | 5.55 % | 48,107 | 14.58 | 20 | -0.1249 % | 3,289.5 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2561 % | 4,058.4 |
| FixedReset Prem | 5.92 % | 4.79 % | 75,814 | 2.30 | 29 | -0.0134 % | 2,652.2 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2561 % | 3,397.6 |
| FixedReset Ins Non | 5.29 % | 5.21 % | 54,700 | 13.96 | 14 | 0.1878 % | 3,224.8 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PR.T | FixedReset Disc | -3.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-06 Maturity Price : 21.58 Evaluated at bid price : 21.95 Bid-YTW : 6.02 % |
| CU.PR.E | Perpetual-Discount | -2.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-06 Maturity Price : 21.75 Evaluated at bid price : 22.00 Bid-YTW : 5.63 % |
| GWO.PR.I | Insurance Straight | -2.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-06 Maturity Price : 20.55 Evaluated at bid price : 20.55 Bid-YTW : 5.52 % |
| PWF.PR.A | Floater | -1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-06 Maturity Price : 14.46 Evaluated at bid price : 14.46 Bid-YTW : 5.47 % |
| GWO.PR.N | FixedReset Ins Non | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-06 Maturity Price : 19.26 Evaluated at bid price : 19.26 Bid-YTW : 5.58 % |
| MFC.PR.J | FixedReset Ins Non | -1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-06 Maturity Price : 23.49 Evaluated at bid price : 24.55 Bid-YTW : 5.81 % |
| POW.PR.B | Perpetual-Discount | -1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-06 Maturity Price : 23.36 Evaluated at bid price : 23.65 Bid-YTW : 5.67 % |
| BN.PR.B | Floater | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-06 Maturity Price : 13.99 Evaluated at bid price : 13.99 Bid-YTW : 5.61 % |
| FTS.PR.J | Perpetual-Discount | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-06 Maturity Price : 22.69 Evaluated at bid price : 22.93 Bid-YTW : 5.23 % |
| PWF.PR.R | Perpetual-Discount | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-06 Maturity Price : 24.47 Evaluated at bid price : 24.71 Bid-YTW : 5.66 % |
| MFC.PR.Q | FixedReset Ins Non | 1.06 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-19 Maturity Price : 25.00 Evaluated at bid price : 25.65 Bid-YTW : 4.71 % |
| BIP.PR.F | FixedReset Prem | 1.21 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-01-01 Maturity Price : 25.00 Evaluated at bid price : 25.95 Bid-YTW : 4.87 % |
| ENB.PR.T | FixedReset Disc | 1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-06 Maturity Price : 23.35 Evaluated at bid price : 24.88 Bid-YTW : 5.70 % |
| ENB.PF.E | FixedReset Disc | 1.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-06 Maturity Price : 22.86 Evaluated at bid price : 24.00 Bid-YTW : 5.87 % |
| NA.PR.C | FixedReset Prem | 1.66 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 26.50 Bid-YTW : 1.97 % |
| ENB.PR.B | FixedReset Disc | 2.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-06 Maturity Price : 22.66 Evaluated at bid price : 23.22 Bid-YTW : 5.88 % |
| MFC.PR.K | FixedReset Ins Non | 2.36 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-19 Maturity Price : 25.00 Evaluated at bid price : 26.00 Bid-YTW : 4.59 % |
| ENB.PR.D | FixedReset Disc | 2.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-06 Maturity Price : 22.78 Evaluated at bid price : 23.17 Bid-YTW : 5.89 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| GWO.PF.A | Perpetual-Premium | 44,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-06 Maturity Price : 24.71 Evaluated at bid price : 25.11 Bid-YTW : 5.71 % |
| PVS.PR.K | SplitShare | 36,900 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2029-05-31 Maturity Price : 25.00 Evaluated at bid price : 25.03 Bid-YTW : 4.56 % |
| MFC.PR.K | FixedReset Ins Non | 33,500 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-19 Maturity Price : 25.00 Evaluated at bid price : 26.00 Bid-YTW : 4.59 % |
| NA.PR.C | FixedReset Prem | 18,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 26.50 Bid-YTW : 1.97 % |
| CU.PR.J | Perpetual-Discount | 17,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-06 Maturity Price : 21.54 Evaluated at bid price : 21.54 Bid-YTW : 5.59 % |
| GWO.PR.N | FixedReset Ins Non | 15,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-06 Maturity Price : 19.26 Evaluated at bid price : 19.26 Bid-YTW : 5.58 % |
| 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 |
| BN.PR.T | FixedReset Disc | Quote: 21.95 – 23.37 Spot Rate : 1.4200 Average : 0.8924 YTW SCENARIO |
| MFC.PR.J | FixedReset Ins Non | Quote: 24.55 – 26.09 Spot Rate : 1.5400 Average : 1.2188 YTW SCENARIO |
| IFC.PR.I | Insurance Straight | Quote: 24.95 – 25.70 Spot Rate : 0.7500 Average : 0.4766 YTW SCENARIO |
| GWO.PR.I | Insurance Straight | Quote: 20.55 – 21.32 Spot Rate : 0.7700 Average : 0.5325 YTW SCENARIO |
| CU.PR.E | Perpetual-Discount | Quote: 22.00 – 22.55 Spot Rate : 0.5500 Average : 0.3367 YTW SCENARIO |
| CU.PR.D | Perpetual-Discount | Quote: 22.02 – 22.80 Spot Rate : 0.7800 Average : 0.5695 YTW SCENARIO |