| 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 | 0.5405 % | 2,646.4 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5405 % | 4,983.7 |
| Floater | 5.46 % | 5.57 % | 36,078 | 14.56 | 3 | 0.5405 % | 2,872.1 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0871 % | 3,640.8 |
| SplitShare | 4.79 % | 4.96 % | 62,470 | 2.64 | 5 | 0.0871 % | 4,347.9 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0871 % | 3,392.4 |
| Perpetual-Premium | 5.66 % | -5.90 % | 55,571 | 0.09 | 7 | 0.0844 % | 3,093.0 |
| Perpetual-Discount | 5.50 % | 5.57 % | 41,863 | 14.52 | 27 | -0.1435 % | 3,432.5 |
| FixedReset Disc | 5.60 % | 5.87 % | 98,142 | 13.95 | 19 | -0.1854 % | 3,397.4 |
| Insurance Straight | 5.34 % | 5.38 % | 48,354 | 14.77 | 20 | 0.3461 % | 3,369.4 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1854 % | 4,148.3 |
| FixedReset Prem | 5.88 % | 4.38 % | 79,719 | 2.24 | 29 | -0.2753 % | 2,671.5 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1854 % | 3,472.9 |
| FixedReset Ins Non | 5.17 % | 4.52 % | 56,058 | 1.99 | 14 | 0.9150 % | 3,302.5 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| ENB.PF.E | FixedReset Disc | -4.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-28 Maturity Price : 22.61 Evaluated at bid price : 23.46 Bid-YTW : 6.19 % |
| CU.PR.C | FixedReset Prem | -2.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-28 Maturity Price : 24.63 Evaluated at bid price : 25.00 Bid-YTW : 5.65 % |
| PWF.PR.S | Perpetual-Discount | -1.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-28 Maturity Price : 21.33 Evaluated at bid price : 21.60 Bid-YTW : 5.57 % |
| NA.PR.E | FixedReset Prem | -1.70 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-05-15 Maturity Price : 25.00 Evaluated at bid price : 25.95 Bid-YTW : 3.48 % |
| BN.PF.F | FixedReset Prem | -1.60 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-10-01 Maturity Price : 25.00 Evaluated at bid price : 25.14 Bid-YTW : 5.83 % |
| PWF.PR.Z | Perpetual-Discount | -1.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-28 Maturity Price : 22.72 Evaluated at bid price : 23.01 Bid-YTW : 5.61 % |
| FTS.PR.J | Perpetual-Discount | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-28 Maturity Price : 22.82 Evaluated at bid price : 23.10 Bid-YTW : 5.21 % |
| PWF.PR.P | FixedReset Disc | 1.92 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-28 Maturity Price : 21.44 Evaluated at bid price : 21.71 Bid-YTW : 5.48 % |
| MFC.PR.N | FixedReset Ins Non | 1.94 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2030-03-20 Maturity Price : 25.00 Evaluated at bid price : 25.20 Bid-YTW : 5.12 % |
| SLF.PR.D | Insurance Straight | 2.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-28 Maturity Price : 21.97 Evaluated at bid price : 22.20 Bid-YTW : 5.05 % |
| GWO.PR.H | Insurance Straight | 2.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-28 Maturity Price : 22.12 Evaluated at bid price : 22.40 Bid-YTW : 5.46 % |
| IFC.PR.A | FixedReset Ins Non | 3.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-28 Maturity Price : 23.05 Evaluated at bid price : 23.50 Bid-YTW : 5.26 % |
| MFC.PR.K | FixedReset Ins Non | 3.53 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-19 Maturity Price : 25.00 Evaluated at bid price : 26.11 Bid-YTW : 4.52 % |
| MFC.PR.J | FixedReset Ins Non | 4.23 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-03-19 Maturity Price : 25.00 Evaluated at bid price : 25.87 Bid-YTW : 4.39 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| RY.PR.S | FixedReset Prem | 15,682 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-02-24 Maturity Price : 25.00 Evaluated at bid price : 26.91 Bid-YTW : 2.63 % |
| PVS.PR.K | SplitShare | 14,000 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2029-05-31 Maturity Price : 25.00 Evaluated at bid price : 25.11 Bid-YTW : 4.54 % |
| MFC.PR.C | Insurance Straight | 12,841 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-28 Maturity Price : 21.81 Evaluated at bid price : 22.05 Bid-YTW : 5.15 % |
| ENB.PR.F | FixedReset Disc | 12,535 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-07-28 Maturity Price : 23.76 Evaluated at bid price : 24.10 Bid-YTW : 5.99 % |
| There were 0 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 |
| ENB.PF.E | FixedReset Disc | Quote: 23.46 – 24.59 Spot Rate : 1.1300 Average : 0.7294 YTW SCENARIO |
| CU.PR.C | FixedReset Prem | Quote: 25.00 – 25.78 Spot Rate : 0.7800 Average : 0.5538 YTW SCENARIO |
| PWF.PR.Z | Perpetual-Discount | Quote: 23.01 – 23.58 Spot Rate : 0.5700 Average : 0.3965 YTW SCENARIO |
| BN.PF.F | FixedReset Prem | Quote: 25.14 – 25.80 Spot Rate : 0.6600 Average : 0.4989 YTW SCENARIO |
| POW.PR.B | Perpetual-Discount | Quote: 24.13 – 24.85 Spot Rate : 0.7200 Average : 0.5945 YTW SCENARIO |
| ENB.PR.F | FixedReset Disc | Quote: 24.10 – 24.62 Spot Rate : 0.5200 Average : 0.4030 YTW SCENARIO |