| 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 | -0.0233 % | 2,655.1 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0233 % | 5,000.0 |
| Floater | 5.44 % | 5.60 % | 35,211 | 14.48 | 3 | -0.0233 % | 2,881.5 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0237 % | 3,650.0 |
| SplitShare | 4.77 % | 4.91 % | 51,460 | 2.60 | 5 | -0.0237 % | 4,358.9 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0237 % | 3,401.0 |
| Perpetual-Premium | 5.61 % | 5.42 % | 47,949 | 6.48 | 12 | -0.0033 % | 3,092.2 |
| Perpetual-Discount | 5.49 % | 5.55 % | 38,927 | 14.54 | 21 | 0.5483 % | 3,438.6 |
| FixedReset Disc | 5.50 % | 5.92 % | 90,480 | 13.78 | 17 | -0.0642 % | 3,418.7 |
| Insurance Straight | 5.35 % | 5.44 % | 45,773 | 14.67 | 20 | 0.3047 % | 3,360.3 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0642 % | 4,174.3 |
| FixedReset Prem | 5.90 % | 4.51 % | 76,527 | 2.13 | 31 | 0.1284 % | 2,669.8 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0642 % | 3,494.7 |
| FixedReset Ins Non | 5.20 % | 4.93 % | 50,851 | 3.03 | 14 | 0.3930 % | 3,285.5 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CCS.PR.C | Insurance Straight | -2.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-12 Maturity Price : 22.66 Evaluated at bid price : 22.90 Bid-YTW : 5.53 % |
| ENB.PR.B | FixedReset Disc | -1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-12 Maturity Price : 22.79 Evaluated at bid price : 23.40 Bid-YTW : 6.17 % |
| MFC.PR.L | FixedReset Ins Non | -1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-12 Maturity Price : 23.49 Evaluated at bid price : 25.25 Bid-YTW : 5.48 % |
| 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 : 2.90 % |
| PWF.PR.E | Perpetual-Discount | 1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-12 Maturity Price : 24.57 Evaluated at bid price : 24.83 Bid-YTW : 5.57 % |
| BN.PR.M | Perpetual-Discount | 1.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-12 Maturity Price : 21.44 Evaluated at bid price : 21.70 Bid-YTW : 5.54 % |
| BN.PR.N | Perpetual-Discount | 1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-12 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 5.61 % |
| BN.PF.G | FixedReset Prem | 2.47 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2030-07-01 Maturity Price : 25.00 Evaluated at bid price : 25.70 Bid-YTW : 5.08 % |
| MIC.PR.A | Perpetual-Discount | 5.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-12 Maturity Price : 22.79 Evaluated at bid price : 23.23 Bid-YTW : 5.88 % |
| GWO.PR.P | Insurance Straight | 7.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-12 Maturity Price : 24.50 Evaluated at bid price : 24.75 Bid-YTW : 5.52 % |
| GWO.PR.N | FixedReset Ins Non | 8.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-12 Maturity Price : 21.15 Evaluated at bid price : 21.15 Bid-YTW : 5.37 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| ENB.PF.C | FixedReset Disc | 100,062 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-12 Maturity Price : 23.16 Evaluated at bid price : 24.61 Bid-YTW : 5.99 % |
| POW.PR.G | Perpetual-Premium | 85,457 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-12 Maturity Price : 24.68 Evaluated at bid price : 25.00 Bid-YTW : 5.65 % |
| BIP.PR.E | FixedReset Prem | 64,220 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-03-31 Maturity Price : 25.00 Evaluated at bid price : 26.32 Bid-YTW : 3.80 % |
| FTS.PR.H | FixedReset Disc | 63,940 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-12 Maturity Price : 20.36 Evaluated at bid price : 20.36 Bid-YTW : 5.80 % |
| BN.PR.B | Floater | 55,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-12 Maturity Price : 14.10 Evaluated at bid price : 14.10 Bid-YTW : 5.61 % |
| IFC.PR.C | FixedReset Ins Non | 44,216 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-09-30 Maturity Price : 25.00 Evaluated at bid price : 25.10 Bid-YTW : 3.47 % |
| There were 10 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.B | Floater | Quote: 14.10 – 15.17 Spot Rate : 1.0700 Average : 0.6119 YTW SCENARIO |
| MFC.PR.M | FixedReset Ins Non | Quote: 25.87 – 26.80 Spot Rate : 0.9300 Average : 0.6238 YTW SCENARIO |
| CCS.PR.C | Insurance Straight | Quote: 22.90 – 23.69 Spot Rate : 0.7900 Average : 0.5875 YTW SCENARIO |
| ENB.PR.B | FixedReset Disc | Quote: 23.40 – 24.15 Spot Rate : 0.7500 Average : 0.5493 YTW SCENARIO |
| CM.PR.S | FixedReset Prem | Quote: 25.83 – 26.23 Spot Rate : 0.4000 Average : 0.2466 YTW SCENARIO |
| MFC.PR.L | FixedReset Ins Non | Quote: 25.25 – 25.75 Spot Rate : 0.5000 Average : 0.3510 YTW SCENARIO |