| 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 | 0.7011 % | 2,665.6 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.7011 % | 5,019.8 |
| Floater | 5.42 % | 5.56 % | 38,517 | 14.56 | 3 | 0.7011 % | 2,892.9 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1265 % | 3,647.1 |
| SplitShare | 4.78 % | 4.87 % | 58,879 | 2.62 | 5 | 0.1265 % | 4,355.5 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1265 % | 3,398.3 |
| Perpetual-Premium | 5.64 % | 5.55 % | 50,871 | 6.68 | 12 | -0.6906 % | 3,076.5 |
| Perpetual-Discount | 5.49 % | 5.59 % | 39,218 | 14.52 | 21 | -0.0732 % | 3,434.5 |
| FixedReset Disc | 5.51 % | 5.84 % | 92,478 | 14.04 | 17 | -0.2127 % | 3,407.7 |
| Insurance Straight | 5.35 % | 5.43 % | 45,554 | 14.71 | 20 | 0.1733 % | 3,365.1 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2127 % | 4,160.8 |
| FixedReset Prem | 5.90 % | 4.47 % | 79,461 | 2.22 | 31 | -0.1032 % | 2,670.9 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2127 % | 3,483.3 |
| FixedReset Ins Non | 5.17 % | 4.48 % | 51,565 | 1.97 | 14 | -0.1829 % | 3,299.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| POW.PR.H | Perpetual-Premium | -6.93 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-04 Maturity Price : 23.45 Evaluated at bid price : 23.78 Bid-YTW : 6.10 % |
| IFC.PR.A | FixedReset Ins Non | -2.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-04 Maturity Price : 22.40 Evaluated at bid price : 22.81 Bid-YTW : 5.41 % |
| ENB.PF.C | FixedReset Disc | -2.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-04 Maturity Price : 22.90 Evaluated at bid price : 24.00 Bid-YTW : 6.04 % |
| CCS.PR.C | Insurance Straight | -1.93 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-04 Maturity Price : 22.60 Evaluated at bid price : 22.85 Bid-YTW : 5.53 % |
| POW.PR.B | Perpetual-Discount | -1.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-04 Maturity Price : 23.58 Evaluated at bid price : 23.85 Bid-YTW : 5.65 % |
| PWF.PR.T | FixedReset Prem | -1.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-04 Maturity Price : 23.49 Evaluated at bid price : 25.05 Bid-YTW : 5.50 % |
| MFC.PR.Q | FixedReset Ins Non | -1.52 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-19 Maturity Price : 25.00 Evaluated at bid price : 25.90 Bid-YTW : 4.37 % |
| PWF.PR.Z | Perpetual-Discount | -1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-04 Maturity Price : 22.71 Evaluated at bid price : 23.00 Bid-YTW : 5.62 % |
| POW.PR.C | Perpetual-Premium | -1.16 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-09-03 Maturity Price : 25.00 Evaluated at bid price : 25.50 Bid-YTW : -13.97 % |
| ENB.PF.E | FixedReset Disc | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-04 Maturity Price : 22.96 Evaluated at bid price : 24.20 Bid-YTW : 5.97 % |
| SLF.PR.E | Insurance Straight | 1.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-04 Maturity Price : 22.01 Evaluated at bid price : 22.25 Bid-YTW : 5.10 % |
| BN.PR.M | Perpetual-Discount | 1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-04 Maturity Price : 21.46 Evaluated at bid price : 21.46 Bid-YTW : 5.61 % |
| BN.PR.K | Floater | 2.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-04 Maturity Price : 14.19 Evaluated at bid price : 14.19 Bid-YTW : 5.56 % |
| GWO.PR.Y | Insurance Straight | 4.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-04 Maturity Price : 20.85 Evaluated at bid price : 20.85 Bid-YTW : 5.47 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| NA.PR.I | FixedReset Prem | 15,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-05-01 Maturity Price : 25.00 Evaluated at bid price : 26.42 Bid-YTW : 4.57 % |
| FFH.PR.K | FixedReset Prem | 13,500 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.30 Bid-YTW : 3.95 % |
| IFC.PR.E | Insurance Straight | 10,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-04 Maturity Price : 24.15 Evaluated at bid price : 24.40 Bid-YTW : 5.38 % |
| 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 |
| POW.PR.H | Perpetual-Premium | Quote: 23.78 – 25.70 Spot Rate : 1.9200 Average : 1.0662 YTW SCENARIO |
| CCS.PR.C | Insurance Straight | Quote: 22.85 – 24.00 Spot Rate : 1.1500 Average : 0.8620 YTW SCENARIO |
| IFC.PR.A | FixedReset Ins Non | Quote: 22.81 – 23.56 Spot Rate : 0.7500 Average : 0.4988 YTW SCENARIO |
| ENB.PF.C | FixedReset Disc | Quote: 24.00 – 24.65 Spot Rate : 0.6500 Average : 0.4130 YTW SCENARIO |
| GWO.PR.N | FixedReset Ins Non | Quote: 20.60 – 21.80 Spot Rate : 1.2000 Average : 0.9909 YTW SCENARIO |
| POW.PR.B | Perpetual-Discount | Quote: 23.85 – 24.75 Spot Rate : 0.9000 Average : 0.7158 YTW SCENARIO |