| 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 | -0.3717 % | 2,653.2 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.3717 % | 4,996.5 |
| Floater | 5.45 % | 5.57 % | 40,055 | 14.54 | 3 | -0.3717 % | 2,879.5 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1343 % | 3,649.2 |
| SplitShare | 4.77 % | 4.83 % | 56,688 | 2.61 | 5 | 0.1343 % | 4,357.9 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1343 % | 3,400.2 |
| Perpetual-Premium | 5.63 % | 5.56 % | 52,549 | 6.67 | 12 | -0.2406 % | 3,083.3 |
| Perpetual-Discount | 5.50 % | 5.58 % | 41,022 | 14.51 | 21 | 0.2921 % | 3,428.6 |
| FixedReset Disc | 5.52 % | 5.84 % | 93,394 | 14.03 | 17 | -0.0844 % | 3,401.8 |
| Insurance Straight | 5.35 % | 5.43 % | 44,918 | 14.71 | 20 | -0.1708 % | 3,360.8 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0844 % | 4,153.6 |
| FixedReset Prem | 5.91 % | 4.42 % | 79,900 | 2.21 | 31 | 0.0998 % | 2,666.4 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0844 % | 3,477.3 |
| FixedReset Ins Non | 5.19 % | 4.92 % | 53,974 | 1.97 | 14 | -0.3749 % | 3,290.1 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| GWO.PR.N | FixedReset Ins Non | -5.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 19.50 Evaluated at bid price : 19.50 Bid-YTW : 5.69 % |
| MFC.PR.B | Insurance Straight | -3.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 22.22 Evaluated at bid price : 22.50 Bid-YTW : 5.23 % |
| PWF.PR.P | FixedReset Disc | -2.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 21.30 Evaluated at bid price : 21.30 Bid-YTW : 5.59 % |
| POW.PR.A | Perpetual-Premium | -1.84 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 24.21 Evaluated at bid price : 24.50 Bid-YTW : 5.76 % |
| ENB.PF.C | FixedReset Disc | -1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 22.90 Evaluated at bid price : 24.00 Bid-YTW : 6.04 % |
| CU.PR.D | Perpetual-Discount | -1.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 22.06 Evaluated at bid price : 22.29 Bid-YTW : 5.49 % |
| PWF.PR.R | Perpetual-Discount | -1.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 24.21 Evaluated at bid price : 24.50 Bid-YTW : 5.64 % |
| IFC.PR.G | FixedReset Ins Non | -1.50 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.61 Bid-YTW : 5.02 % |
| GWO.PR.Y | Insurance Straight | -1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 20.65 Evaluated at bid price : 20.65 Bid-YTW : 5.52 % |
| CU.PR.C | FixedReset Prem | 1.14 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-06-01 Maturity Price : 25.00 Evaluated at bid price : 24.96 Bid-YTW : 4.98 % |
| BN.PF.C | Perpetual-Discount | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 21.59 Evaluated at bid price : 21.85 Bid-YTW : 5.61 % |
| FTS.PR.H | FixedReset Disc | 1.48 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 20.51 Evaluated at bid price : 20.51 Bid-YTW : 5.62 % |
| FTS.PR.F | Perpetual-Discount | 1.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 23.69 Evaluated at bid price : 23.96 Bid-YTW : 5.19 % |
| GWO.PR.I | Insurance Straight | 1.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 21.33 Evaluated at bid price : 21.60 Bid-YTW : 5.26 % |
| GWO.PR.P | Insurance Straight | 1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 24.65 Evaluated at bid price : 24.91 Bid-YTW : 5.48 % |
| ENB.PR.B | FixedReset Disc | 1.97 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 23.24 Evaluated at bid price : 23.86 Bid-YTW : 5.90 % |
| POW.PR.D | Perpetual-Discount | 3.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 22.74 Evaluated at bid price : 23.03 Bid-YTW : 5.47 % |
| PWF.PR.K | Perpetual-Discount | 3.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 22.05 Evaluated at bid price : 22.34 Bid-YTW : 5.57 % |
| PWF.PR.S | Perpetual-Discount | 5.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 21.49 Evaluated at bid price : 21.75 Bid-YTW : 5.54 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| SLF.PR.G | FixedReset Ins Non | 102,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 21.31 Evaluated at bid price : 21.60 Bid-YTW : 5.26 % |
| BN.PR.B | Floater | 57,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 14.01 Evaluated at bid price : 14.01 Bid-YTW : 5.64 % |
| MFC.PR.J | FixedReset Ins Non | 54,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-03-19 Maturity Price : 25.00 Evaluated at bid price : 25.86 Bid-YTW : 4.49 % |
| IFC.PR.A | FixedReset Ins Non | 40,401 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 22.97 Evaluated at bid price : 23.42 Bid-YTW : 5.27 % |
| MFC.PR.N | FixedReset Ins Non | 31,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2030-03-20 Maturity Price : 25.00 Evaluated at bid price : 25.17 Bid-YTW : 5.20 % |
| ENB.PF.E | FixedReset Disc | 25,237 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-06 Maturity Price : 22.96 Evaluated at bid price : 24.20 Bid-YTW : 5.97 % |
| There were 7 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.N | FixedReset Ins Non | Quote: 19.50 – 21.80 Spot Rate : 2.3000 Average : 1.7277 YTW SCENARIO |
| POW.PR.D | Perpetual-Discount | Quote: 23.03 – 24.87 Spot Rate : 1.8400 Average : 1.2831 YTW SCENARIO |
| CU.PR.D | Perpetual-Discount | Quote: 22.29 – 23.35 Spot Rate : 1.0600 Average : 0.7045 YTW SCENARIO |
| MFC.PR.B | Insurance Straight | Quote: 22.50 – 23.21 Spot Rate : 0.7100 Average : 0.4683 YTW SCENARIO |
| PWF.PR.P | FixedReset Disc | Quote: 21.30 – 21.89 Spot Rate : 0.5900 Average : 0.3604 YTW SCENARIO |
| POW.PR.A | Perpetual-Premium | Quote: 24.50 – 25.23 Spot Rate : 0.7300 Average : 0.5167 YTW SCENARIO |