| 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 | -0.2811 % | 2,633.5 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2811 % | 4,959.2 |
| Floater | 5.49 % | 5.60 % | 37,956 | 14.52 | 3 | -0.2811 % | 2,858.0 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0555 % | 3,631.0 |
| SplitShare | 4.80 % | 4.63 % | 63,966 | 2.66 | 5 | -0.0555 % | 4,336.2 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0555 % | 3,383.3 |
| Perpetual-Premium | 5.68 % | -3.62 % | 59,828 | 0.09 | 7 | -0.0113 % | 3,082.8 |
| Perpetual-Discount | 5.53 % | 5.57 % | 42,773 | 14.54 | 27 | 0.0916 % | 3,415.3 |
| FixedReset Disc | 5.61 % | 5.81 % | 99,693 | 14.04 | 19 | 0.2376 % | 3,391.4 |
| Insurance Straight | 5.40 % | 5.46 % | 47,896 | 14.67 | 20 | 0.5904 % | 3,332.8 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2376 % | 4,140.9 |
| FixedReset Prem | 5.87 % | 4.35 % | 80,529 | 2.16 | 29 | 0.5166 % | 2,677.1 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2376 % | 3,466.7 |
| FixedReset Ins Non | 5.25 % | 5.28 % | 56,948 | 13.83 | 14 | 0.2454 % | 3,254.5 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| MFC.PR.J | FixedReset Ins Non | -3.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 23.61 Evaluated at bid price : 24.82 Bid-YTW : 5.89 % |
| ENB.PR.B | FixedReset Disc | -2.93 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 22.63 Evaluated at bid price : 23.20 Bid-YTW : 6.06 % |
| CU.PR.D | Perpetual-Discount | -2.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 21.78 Evaluated at bid price : 22.03 Bid-YTW : 5.64 % |
| ENB.PF.E | FixedReset Disc | -1.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 22.61 Evaluated at bid price : 23.46 Bid-YTW : 6.16 % |
| MFC.PR.L | FixedReset Ins Non | -1.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 23.39 Evaluated at bid price : 24.98 Bid-YTW : 5.40 % |
| FTS.PR.J | Perpetual-Discount | -1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 22.33 Evaluated at bid price : 22.60 Bid-YTW : 5.32 % |
| GWO.PR.H | Insurance Straight | -1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 21.55 Evaluated at bid price : 21.81 Bid-YTW : 5.60 % |
| CU.PR.G | Perpetual-Discount | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 21.01 Evaluated at bid price : 21.01 Bid-YTW : 5.44 % |
| BN.PF.B | FixedReset Prem | 1.03 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-04-01 Maturity Price : 25.00 Evaluated at bid price : 25.55 Bid-YTW : 5.42 % |
| IFC.PR.A | FixedReset Ins Non | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 22.85 Evaluated at bid price : 23.29 Bid-YTW : 5.28 % |
| NA.PR.K | FixedReset Prem | 1.05 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-05-01 Maturity Price : 25.00 Evaluated at bid price : 28.77 Bid-YTW : 2.64 % |
| SLF.PR.E | Insurance Straight | 1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 21.65 Evaluated at bid price : 21.90 Bid-YTW : 5.17 % |
| GWO.PR.I | Insurance Straight | 1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 21.22 Evaluated at bid price : 21.22 Bid-YTW : 5.36 % |
| FTS.PR.K | FixedReset Disc | 1.17 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 23.48 Evaluated at bid price : 25.08 Bid-YTW : 5.24 % |
| SLF.PR.H | FixedReset Ins Non | 1.21 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-09-30 Maturity Price : 25.00 Evaluated at bid price : 25.10 Bid-YTW : 1.73 % |
| GWO.PR.G | Insurance Straight | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 22.49 Evaluated at bid price : 22.75 Bid-YTW : 5.76 % |
| PWF.PR.T | FixedReset Prem | 1.32 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-01-31 Maturity Price : 25.00 Evaluated at bid price : 25.35 Bid-YTW : 4.95 % |
| NA.PR.E | FixedReset Prem | 1.57 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-05-15 Maturity Price : 25.00 Evaluated at bid price : 26.46 Bid-YTW : 2.31 % |
| GWO.PR.T | Insurance Straight | 1.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 23.33 Evaluated at bid price : 23.62 Bid-YTW : 5.49 % |
| MFC.PR.M | FixedReset Ins Non | 1.66 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-12-20 Maturity Price : 25.00 Evaluated at bid price : 25.65 Bid-YTW : 4.88 % |
| GWO.PR.P | Insurance Straight | 1.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 24.56 Evaluated at bid price : 24.81 Bid-YTW : 5.48 % |
| MFC.PR.B | Insurance Straight | 1.75 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 22.93 Evaluated at bid price : 23.20 Bid-YTW : 5.05 % |
| ENB.PF.C | FixedReset Disc | 2.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 23.14 Evaluated at bid price : 24.57 Bid-YTW : 5.86 % |
| GWO.PR.Q | Insurance Straight | 2.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 23.27 Evaluated at bid price : 23.57 Bid-YTW : 5.50 % |
| BN.PR.R | FixedReset Disc | 3.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 22.58 Evaluated at bid price : 23.56 Bid-YTW : 5.81 % |
| BIP.PR.F | FixedReset Prem | 3.12 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-01-01 Maturity Price : 25.00 Evaluated at bid price : 26.45 Bid-YTW : 4.10 % |
| SLF.PR.G | FixedReset Ins Non | 4.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 21.14 Evaluated at bid price : 21.14 Bid-YTW : 5.38 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BN.PF.A | FixedReset Prem | 101,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-30 Maturity Price : 25.00 Evaluated at bid price : 25.88 Bid-YTW : 5.24 % |
| PWF.PR.F | Perpetual-Discount | 63,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 23.24 Evaluated at bid price : 23.54 Bid-YTW : 5.59 % |
| GWO.PF.A | Perpetual-Premium | 55,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 24.75 Evaluated at bid price : 25.15 Bid-YTW : 5.72 % |
| ENB.PR.Y | FixedReset Disc | 49,800 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 22.71 Evaluated at bid price : 23.50 Bid-YTW : 5.91 % |
| ENB.PF.E | FixedReset Disc | 41,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 22.61 Evaluated at bid price : 23.46 Bid-YTW : 6.16 % |
| ENB.PF.G | FixedReset Disc | 20,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-20 Maturity Price : 23.11 Evaluated at bid price : 24.65 Bid-YTW : 5.90 % |
| There were 2 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 |
| MFC.PR.J | FixedReset Ins Non | Quote: 24.82 – 26.23 Spot Rate : 1.4100 Average : 0.9871 YTW SCENARIO |
| ENB.PR.D | FixedReset Disc | Quote: 24.02 – 24.90 Spot Rate : 0.8800 Average : 0.5535 YTW SCENARIO |
| ENB.PF.E | FixedReset Disc | Quote: 23.46 – 24.59 Spot Rate : 1.1300 Average : 0.8332 YTW SCENARIO |
| CU.PR.D | Perpetual-Discount | Quote: 22.03 – 22.82 Spot Rate : 0.7900 Average : 0.5092 YTW SCENARIO |
| FTS.PR.J | Perpetual-Discount | Quote: 22.60 – 23.25 Spot Rate : 0.6500 Average : 0.4647 YTW SCENARIO |
| CU.PR.C | FixedReset Prem | Quote: 25.15 – 26.15 Spot Rate : 1.0000 Average : 0.8235 YTW SCENARIO |