| 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 | -0.4663 % | 2,640.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.4663 % | 4,973.2 |
| Floater | 5.47 % | 5.58 % | 39,129 | 14.52 | 3 | -0.4663 % | 2,866.1 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0237 % | 3,648.3 |
| SplitShare | 4.78 % | 4.94 % | 56,302 | 2.61 | 5 | -0.0237 % | 4,356.8 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0237 % | 3,399.4 |
| Perpetual-Premium | 5.62 % | 5.57 % | 47,934 | 6.66 | 12 | 0.2082 % | 3,089.7 |
| Perpetual-Discount | 5.51 % | 5.58 % | 40,710 | 14.52 | 21 | -0.1760 % | 3,422.6 |
| FixedReset Disc | 5.52 % | 5.84 % | 91,950 | 14.04 | 17 | 0.0646 % | 3,404.0 |
| Insurance Straight | 5.35 % | 5.41 % | 44,327 | 14.72 | 20 | 0.0321 % | 3,361.9 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0646 % | 4,156.3 |
| FixedReset Prem | 5.90 % | 4.56 % | 79,749 | 2.21 | 31 | 0.0536 % | 2,667.8 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0646 % | 3,479.5 |
| FixedReset Ins Non | 5.20 % | 4.96 % | 53,127 | 1.97 | 14 | -0.1750 % | 3,284.3 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| GWO.PR.S | Insurance Straight | -3.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-07 Maturity Price : 23.15 Evaluated at bid price : 23.45 Bid-YTW : 5.66 % |
| BN.PR.N | Perpetual-Discount | -2.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-07 Maturity Price : 21.11 Evaluated at bid price : 21.11 Bid-YTW : 5.71 % |
| FTS.PR.F | Perpetual-Discount | -1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-07 Maturity Price : 23.32 Evaluated at bid price : 23.60 Bid-YTW : 5.27 % |
| BN.PF.C | Perpetual-Discount | -1.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-07 Maturity Price : 21.31 Evaluated at bid price : 21.58 Bid-YTW : 5.68 % |
| ENB.PR.Y | FixedReset Disc | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-07 Maturity Price : 22.58 Evaluated at bid price : 23.26 Bid-YTW : 6.00 % |
| BN.PR.B | Floater | -1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-07 Maturity Price : 13.84 Evaluated at bid price : 13.84 Bid-YTW : 5.71 % |
| NA.PR.G | FixedReset Prem | -1.04 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-11-16 Maturity Price : 25.00 Evaluated at bid price : 26.62 Bid-YTW : 4.00 % |
| FTS.PR.H | FixedReset Disc | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-07 Maturity Price : 20.30 Evaluated at bid price : 20.30 Bid-YTW : 5.68 % |
| POW.PR.B | Perpetual-Discount | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-07 Maturity Price : 23.92 Evaluated at bid price : 24.18 Bid-YTW : 5.58 % |
| RY.PR.S | FixedReset Prem | 1.34 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-02-24 Maturity Price : 25.00 Evaluated at bid price : 26.50 Bid-YTW : 3.31 % |
| PWF.PR.P | FixedReset Disc | 1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-07 Maturity Price : 21.33 Evaluated at bid price : 21.62 Bid-YTW : 5.49 % |
| ENB.PF.C | FixedReset Disc | 2.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-07 Maturity Price : 23.11 Evaluated at bid price : 24.50 Bid-YTW : 5.90 % |
| GWO.PR.Y | Insurance Straight | 2.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-07 Maturity Price : 21.09 Evaluated at bid price : 21.09 Bid-YTW : 5.41 % |
| POW.PR.A | Perpetual-Premium | 2.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-07 Maturity Price : 24.81 Evaluated at bid price : 25.03 Bid-YTW : 5.64 % |
| MFC.PR.B | Insurance Straight | 2.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-07 Maturity Price : 22.71 Evaluated at bid price : 23.00 Bid-YTW : 5.11 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| MFC.PR.J | FixedReset Ins Non | 206,600 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-03-19 Maturity Price : 25.00 Evaluated at bid price : 25.86 Bid-YTW : 4.50 % |
| BN.PF.E | FixedReset Disc | 92,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-07 Maturity Price : 23.18 Evaluated at bid price : 24.70 Bid-YTW : 5.67 % |
| FTS.PR.H | FixedReset Disc | 63,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-07 Maturity Price : 20.30 Evaluated at bid price : 20.30 Bid-YTW : 5.68 % |
| CM.PR.S | FixedReset Prem | 29,555 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-01-31 Maturity Price : 25.00 Evaluated at bid price : 25.81 Bid-YTW : 3.71 % |
| FFH.PR.K | FixedReset Prem | 25,500 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.30 Bid-YTW : 4.00 % |
| BMO.PR.E | FixedReset Prem | 13,131 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-11-25 Maturity Price : 25.00 Evaluated at bid price : 26.75 Bid-YTW : 3.49 % |
| 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 |
| GWO.PR.S | Insurance Straight | Quote: 23.45 – 24.50 Spot Rate : 1.0500 Average : 0.6508 YTW SCENARIO |
| POW.PR.I | Perpetual-Premium | Quote: 25.25 – 26.25 Spot Rate : 1.0000 Average : 0.6093 YTW SCENARIO |
| BN.PR.R | FixedReset Disc | Quote: 24.04 – 25.00 Spot Rate : 0.9600 Average : 0.6057 YTW SCENARIO |
| NA.PR.K | FixedReset Prem | Quote: 28.55 – 29.55 Spot Rate : 1.0000 Average : 0.7061 YTW SCENARIO |
| GWO.PR.N | FixedReset Ins Non | Quote: 19.50 – 21.80 Spot Rate : 2.3000 Average : 2.0270 YTW SCENARIO |
| ENB.PR.Y | FixedReset Disc | Quote: 23.26 – 23.83 Spot Rate : 0.5700 Average : 0.3612 YTW SCENARIO |