| 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 | -0.1642 % | 2,633.5 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1642 % | 4,959.2 |
| Floater | 5.49 % | 5.61 % | 35,999 | 14.50 | 3 | -0.1642 % | 2,858.0 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0952 % | 3,635.0 |
| SplitShare | 4.79 % | 4.99 % | 64,426 | 2.65 | 5 | 0.0952 % | 4,341.0 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0952 % | 3,387.0 |
| Perpetual-Premium | 5.66 % | -5.70 % | 56,230 | 0.09 | 7 | 0.0844 % | 3,093.4 |
| Perpetual-Discount | 5.50 % | 5.53 % | 43,388 | 14.57 | 27 | 0.2127 % | 3,435.7 |
| FixedReset Disc | 5.62 % | 5.86 % | 99,403 | 13.95 | 19 | -0.4754 % | 3,381.3 |
| Insurance Straight | 5.37 % | 5.42 % | 49,235 | 14.67 | 20 | -0.0151 % | 3,348.3 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4754 % | 4,128.6 |
| FixedReset Prem | 5.88 % | 4.27 % | 80,046 | 2.15 | 29 | -0.1126 % | 2,673.9 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4754 % | 3,456.4 |
| FixedReset Ins Non | 5.22 % | 5.11 % | 58,549 | 3.08 | 14 | -0.1990 % | 3,273.6 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| GWO.PR.Y | Insurance Straight | -5.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 5.69 % |
| MFC.PR.J | FixedReset Ins Non | -5.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 23.61 Evaluated at bid price : 24.82 Bid-YTW : 5.90 % |
| BN.PR.R | FixedReset Disc | -4.75 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 22.20 Evaluated at bid price : 22.86 Bid-YTW : 6.01 % |
| BN.PR.X | FixedReset Disc | -3.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 21.20 Evaluated at bid price : 21.20 Bid-YTW : 5.91 % |
| BN.PF.E | FixedReset Disc | -2.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 22.96 Evaluated at bid price : 24.17 Bid-YTW : 5.80 % |
| MFC.PR.K | FixedReset Ins Non | -2.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 23.75 Evaluated at bid price : 25.60 Bid-YTW : 5.38 % |
| BN.PF.A | FixedReset Prem | -1.72 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-30 Maturity Price : 25.00 Evaluated at bid price : 25.75 Bid-YTW : 5.52 % |
| PWF.PR.R | Perpetual-Discount | -1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 24.21 Evaluated at bid price : 24.50 Bid-YTW : 5.63 % |
| MFC.PR.N | FixedReset Ins Non | -1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 23.19 Evaluated at bid price : 24.72 Bid-YTW : 5.46 % |
| BN.PF.F | FixedReset Prem | -1.26 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-10-01 Maturity Price : 25.00 Evaluated at bid price : 25.14 Bid-YTW : 5.80 % |
| BN.PR.M | Perpetual-Discount | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 21.29 Evaluated at bid price : 21.29 Bid-YTW : 5.64 % |
| CU.PR.G | Perpetual-Discount | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 21.25 Evaluated at bid price : 21.25 Bid-YTW : 5.38 % |
| NA.PR.E | FixedReset Prem | 1.15 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-05-15 Maturity Price : 25.00 Evaluated at bid price : 26.35 Bid-YTW : 2.57 % |
| IFC.PR.K | Insurance Straight | 1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 23.96 Evaluated at bid price : 24.45 Bid-YTW : 5.40 % |
| GWO.PR.N | FixedReset Ins Non | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 20.25 Evaluated at bid price : 20.25 Bid-YTW : 5.46 % |
| SLF.PR.E | Insurance Straight | 1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 21.97 Evaluated at bid price : 22.20 Bid-YTW : 5.11 % |
| CU.PR.C | FixedReset Prem | 1.51 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-06-01 Maturity Price : 25.00 Evaluated at bid price : 25.50 Bid-YTW : 3.73 % |
| IFC.PR.I | Insurance Straight | 1.61 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.20 Bid-YTW : 5.26 % |
| PWF.PR.A | Floater | 1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 14.50 Evaluated at bid price : 14.50 Bid-YTW : 5.38 % |
| BN.PR.N | Perpetual-Discount | 1.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 5.59 % |
| PWF.PF.A | Perpetual-Discount | 1.97 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 5.46 % |
| MFC.PR.L | FixedReset Ins Non | 2.48 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-06-20 Maturity Price : 25.00 Evaluated at bid price : 25.60 Bid-YTW : 5.11 % |
| IFC.PR.A | FixedReset Ins Non | 2.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 22.96 Evaluated at bid price : 23.40 Bid-YTW : 5.26 % |
| ENB.PF.E | FixedReset Disc | 4.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 23.04 Evaluated at bid price : 24.40 Bid-YTW : 5.90 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| ENB.PR.D | FixedReset Disc | 129,658 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 23.63 Evaluated at bid price : 24.02 Bid-YTW : 5.84 % |
| ENB.PR.F | FixedReset Disc | 109,151 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 23.38 Evaluated at bid price : 24.40 Bid-YTW : 5.86 % |
| ENB.PR.N | FixedReset Prem | 57,303 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 23.73 Evaluated at bid price : 25.72 Bid-YTW : 5.81 % |
| BN.PF.D | Perpetual-Discount | 50,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 21.49 Evaluated at bid price : 21.75 Bid-YTW : 5.68 % |
| PWF.PR.E | Perpetual-Discount | 25,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-24 Maturity Price : 24.46 Evaluated at bid price : 24.70 Bid-YTW : 5.58 % |
| BN.PF.M | FixedReset Prem | 20,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-01-01 Maturity Price : 25.00 Evaluated at bid price : 25.77 Bid-YTW : 4.99 % |
| There were 4 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.Y | Insurance Straight | Quote: 20.00 – 21.30 Spot Rate : 1.3000 Average : 0.7635 YTW SCENARIO |
| BN.PR.R | FixedReset Disc | Quote: 22.86 – 24.10 Spot Rate : 1.2400 Average : 0.7806 YTW SCENARIO |
| MFC.PR.J | FixedReset Ins Non | Quote: 24.82 – 26.30 Spot Rate : 1.4800 Average : 1.0858 YTW SCENARIO |
| BN.PR.X | FixedReset Disc | Quote: 21.20 – 21.93 Spot Rate : 0.7300 Average : 0.4455 YTW SCENARIO |
| GWO.PR.Q | Insurance Straight | Quote: 23.50 – 24.08 Spot Rate : 0.5800 Average : 0.3692 YTW SCENARIO |
| BN.PF.E | FixedReset Disc | Quote: 24.17 – 24.80 Spot Rate : 0.6300 Average : 0.4199 YTW SCENARIO |