| HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
|||||||
| 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 | 0.5856 % | 2,656.3 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5856 % | 5,002.3 |
| Floater | 5.44 % | 5.58 % | 37,877 | 14.52 | 3 | 0.5856 % | 2,882.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0789 % | 3,651.2 |
| SplitShare | 4.77 % | 4.92 % | 54,269 | 2.60 | 5 | 0.0789 % | 4,360.3 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0789 % | 3,402.1 |
| Perpetual-Premium | 5.61 % | 5.51 % | 51,516 | 6.65 | 12 | 0.1055 % | 3,093.0 |
| Perpetual-Discount | 5.51 % | 5.58 % | 39,105 | 14.52 | 21 | 0.1218 % | 3,426.8 |
| FixedReset Disc | 5.51 % | 5.99 % | 91,875 | 13.75 | 17 | 0.0993 % | 3,407.3 |
| Insurance Straight | 5.35 % | 5.42 % | 45,573 | 14.69 | 20 | -0.0171 % | 3,361.3 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0993 % | 4,160.4 |
| FixedReset Prem | 5.90 % | 4.57 % | 76,848 | 2.20 | 31 | 0.0199 % | 2,668.3 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0993 % | 3,483.0 |
| FixedReset Ins Non | 5.22 % | 5.13 % | 52,683 | 2.60 | 14 | -0.4208 % | 3,270.5 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| IFC.PR.A | FixedReset Ins Non | -2.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-10 Maturity Price : 22.40 Evaluated at bid price : 22.81 Bid-YTW : 5.56 % |
| CCS.PR.C | Insurance Straight | -2.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-10 Maturity Price : 22.60 Evaluated at bid price : 22.85 Bid-YTW : 5.53 % |
| ENB.PF.C | FixedReset Disc | -2.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-10 Maturity Price : 22.91 Evaluated at bid price : 24.01 Bid-YTW : 6.16 % |
| SLF.PR.H | FixedReset Ins Non | -1.91 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-10 Maturity Price : 23.50 Evaluated at bid price : 24.60 Bid-YTW : 5.56 % |
| IFC.PR.K | Insurance Straight | -1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-10 Maturity Price : 23.67 Evaluated at bid price : 24.15 Bid-YTW : 5.49 % |
| RY.PR.S | FixedReset Prem | 1.02 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-02-24 Maturity Price : 25.00 Evaluated at bid price : 26.77 Bid-YTW : 2.89 % |
| ENB.PR.Y | FixedReset Disc | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-10 Maturity Price : 22.72 Evaluated at bid price : 23.51 Bid-YTW : 6.06 % |
| BN.PR.B | Floater | 2.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-10 Maturity Price : 14.16 Evaluated at bid price : 14.16 Bid-YTW : 5.58 % |
| GWO.PR.S | Insurance Straight | 3.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-10 Maturity Price : 24.05 Evaluated at bid price : 24.30 Bid-YTW : 5.46 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| FTS.PR.H | FixedReset Disc | 279,529 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-10 Maturity Price : 20.36 Evaluated at bid price : 20.36 Bid-YTW : 5.79 % |
| BN.PF.I | FixedReset Prem | 61,200 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.31 Bid-YTW : 4.39 % |
| ENB.PR.Y | FixedReset Disc | 51,099 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-10 Maturity Price : 22.72 Evaluated at bid price : 23.51 Bid-YTW : 6.06 % |
| MFC.PR.Q | FixedReset Ins Non | 37,635 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-19 Maturity Price : 25.00 Evaluated at bid price : 25.66 Bid-YTW : 4.95 % |
| IFC.PR.E | Insurance Straight | 31,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-10 Maturity Price : 23.91 Evaluated at bid price : 24.15 Bid-YTW : 5.45 % |
| GWO.PR.Y | Insurance Straight | 11,360 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-10 Maturity Price : 21.08 Evaluated at bid price : 21.08 Bid-YTW : 5.41 % |
| 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 |
| BN.PR.Z | FixedReset Prem | Quote: 25.59 – 27.00 Spot Rate : 1.4100 Average : 0.7900 YTW SCENARIO |
| POW.PR.D | Perpetual-Discount | Quote: 22.89 – 24.87 Spot Rate : 1.9800 Average : 1.3799 YTW SCENARIO |
| IFC.PR.K | Insurance Straight | Quote: 24.15 – 25.10 Spot Rate : 0.9500 Average : 0.6697 YTW SCENARIO |
| POW.PR.H | Perpetual-Premium | Quote: 25.55 – 26.55 Spot Rate : 1.0000 Average : 0.7283 YTW SCENARIO |
| IFC.PR.A | FixedReset Ins Non | Quote: 22.81 – 23.51 Spot Rate : 0.7000 Average : 0.4306 YTW SCENARIO |
| SLF.PR.H | FixedReset Ins Non | Quote: 24.60 – 25.30 Spot Rate : 0.7000 Average : 0.5006 YTW SCENARIO |