| 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 | 0.4933 % | 2,646.4 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4933 % | 4,983.7 |
| Floater | 5.46 % | 5.58 % | 38,122 | 14.55 | 3 | 0.4933 % | 2,872.1 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0476 % | 3,629.3 |
| SplitShare | 4.80 % | 5.00 % | 64,610 | 2.66 | 5 | -0.0476 % | 4,334.1 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0476 % | 3,381.7 |
| Perpetual-Premium | 5.67 % | -5.79 % | 59,111 | 0.09 | 7 | 0.1184 % | 3,086.4 |
| Perpetual-Discount | 5.51 % | 5.52 % | 41,498 | 14.56 | 27 | 0.3339 % | 3,426.7 |
| FixedReset Disc | 5.59 % | 5.83 % | 104,158 | 14.03 | 19 | 0.2769 % | 3,400.7 |
| Insurance Straight | 5.37 % | 5.46 % | 48,206 | 14.64 | 20 | 0.3898 % | 3,345.8 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2769 % | 4,152.4 |
| FixedReset Prem | 5.89 % | 4.30 % | 80,252 | 2.16 | 29 | -0.2755 % | 2,669.7 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2769 % | 3,476.3 |
| FixedReset Ins Non | 5.23 % | 5.02 % | 55,914 | 2.66 | 14 | 0.2654 % | 3,263.1 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BIP.PR.F | FixedReset Prem | -3.02 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-01-01 Maturity Price : 25.00 Evaluated at bid price : 25.65 Bid-YTW : 5.48 % |
| IFC.PR.A | FixedReset Ins Non | -2.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 22.41 Evaluated at bid price : 22.81 Bid-YTW : 5.40 % |
| ENB.PR.P | FixedReset Disc | -1.97 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 23.19 Evaluated at bid price : 24.35 Bid-YTW : 5.92 % |
| NA.PR.E | FixedReset Prem | -1.55 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-05-15 Maturity Price : 25.00 Evaluated at bid price : 26.05 Bid-YTW : 3.22 % |
| PWF.PR.T | FixedReset Prem | -1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 23.46 Evaluated at bid price : 25.00 Bid-YTW : 5.50 % |
| BN.PR.M | Perpetual-Discount | -1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 21.05 Evaluated at bid price : 21.05 Bid-YTW : 5.70 % |
| GWO.PR.P | Insurance Straight | -1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 24.21 Evaluated at bid price : 24.50 Bid-YTW : 5.55 % |
| BN.PR.N | Perpetual-Discount | -1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 21.01 Evaluated at bid price : 21.01 Bid-YTW : 5.71 % |
| RY.PR.S | FixedReset Prem | -1.03 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-02-24 Maturity Price : 25.00 Evaluated at bid price : 26.91 Bid-YTW : 3.18 % |
| BN.PF.B | FixedReset Prem | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 23.53 Evaluated at bid price : 25.29 Bid-YTW : 5.78 % |
| PWF.PR.A | Floater | 1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 14.66 Evaluated at bid price : 14.66 Bid-YTW : 5.41 % |
| FTS.PR.J | Perpetual-Discount | 1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 22.60 Evaluated at bid price : 22.85 Bid-YTW : 5.26 % |
| GWO.PR.Y | Insurance Straight | 1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 21.20 Evaluated at bid price : 21.20 Bid-YTW : 5.36 % |
| BN.PF.C | Perpetual-Discount | 1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 21.45 Evaluated at bid price : 21.71 Bid-YTW : 5.63 % |
| PWF.PR.Z | Perpetual-Discount | 1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 23.03 Evaluated at bid price : 23.30 Bid-YTW : 5.54 % |
| CU.PR.C | FixedReset Prem | 1.39 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-06-01 Maturity Price : 25.00 Evaluated at bid price : 25.50 Bid-YTW : 3.69 % |
| FTS.PR.H | FixedReset Disc | 1.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 20.28 Evaluated at bid price : 20.28 Bid-YTW : 5.66 % |
| BN.PR.R | FixedReset Disc | 1.74 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 22.77 Evaluated at bid price : 23.97 Bid-YTW : 5.70 % |
| PWF.PF.A | Perpetual-Discount | 1.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 20.80 Evaluated at bid price : 20.80 Bid-YTW : 5.43 % |
| CU.PR.D | Perpetual-Discount | 2.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 22.33 Evaluated at bid price : 22.60 Bid-YTW : 5.49 % |
| MFC.PR.L | FixedReset Ins Non | 2.68 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-06-20 Maturity Price : 25.00 Evaluated at bid price : 25.65 Bid-YTW : 5.02 % |
| MFC.PR.K | FixedReset Ins Non | 2.75 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-19 Maturity Price : 25.00 Evaluated at bid price : 26.20 Bid-YTW : 4.30 % |
| SLF.PR.C | Insurance Straight | 3.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 21.94 Evaluated at bid price : 22.17 Bid-YTW : 5.05 % |
| ENB.PF.E | FixedReset Disc | 4.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 23.08 Evaluated at bid price : 24.50 Bid-YTW : 5.87 % |
| GWO.PR.G | Insurance Straight | 5.93 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 23.85 Evaluated at bid price : 24.10 Bid-YTW : 5.44 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BN.PF.A | FixedReset Prem | 135,500 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-30 Maturity Price : 25.00 Evaluated at bid price : 25.88 Bid-YTW : 5.25 % |
| FFH.PR.K | FixedReset Prem | 51,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.25 Bid-YTW : 4.02 % |
| SLF.PR.C | Insurance Straight | 30,315 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 21.94 Evaluated at bid price : 22.17 Bid-YTW : 5.05 % |
| ENB.PF.E | FixedReset Disc | 26,975 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 23.08 Evaluated at bid price : 24.50 Bid-YTW : 5.87 % |
| ENB.PR.Y | FixedReset Disc | 25,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-21 Maturity Price : 22.71 Evaluated at bid price : 23.50 Bid-YTW : 5.91 % |
| GWO.PF.A | Perpetual-Premium | 23,700 | YTW SCENARIO Maturity Type : Call Maturity Date : 2035-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.20 Bid-YTW : 5.69 % |
| 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 |
| MFC.PR.J | FixedReset Ins Non | Quote: 24.82 – 26.30 Spot Rate : 1.4800 Average : 1.2449 YTW SCENARIO |
| ENB.PR.P | FixedReset Disc | Quote: 24.35 – 25.00 Spot Rate : 0.6500 Average : 0.4169 YTW SCENARIO |
| NA.PR.E | FixedReset Prem | Quote: 26.05 – 26.89 Spot Rate : 0.8400 Average : 0.6352 YTW SCENARIO |
| IFC.PR.A | FixedReset Ins Non | Quote: 22.81 – 23.81 Spot Rate : 1.0000 Average : 0.8330 YTW SCENARIO |
| BN.PF.B | FixedReset Prem | Quote: 25.29 – 26.00 Spot Rate : 0.7100 Average : 0.5656 YTW SCENARIO |
| BN.PF.D | Perpetual-Discount | Quote: 21.69 – 22.40 Spot Rate : 0.7100 Average : 0.5699 YTW SCENARIO |