| 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 | -0.3728 % | 2,645.2 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.3728 % | 4,981.3 |
| Floater | 5.46 % | 5.61 % | 33,998 | 14.47 | 3 | -0.3728 % | 2,870.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0079 % | 3,649.7 |
| SplitShare | 4.77 % | 4.96 % | 54,377 | 2.60 | 5 | -0.0079 % | 4,358.6 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0079 % | 3,400.7 |
| Perpetual-Premium | 5.61 % | 5.49 % | 55,222 | 6.64 | 12 | -0.0099 % | 3,091.9 |
| Perpetual-Discount | 5.50 % | 5.57 % | 38,623 | 14.54 | 21 | -0.1483 % | 3,433.5 |
| FixedReset Disc | 5.49 % | 5.92 % | 92,003 | 13.80 | 17 | 0.1730 % | 3,424.7 |
| Insurance Straight | 5.34 % | 5.42 % | 45,341 | 14.72 | 20 | 0.1883 % | 3,366.6 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1730 % | 4,181.6 |
| FixedReset Prem | 5.90 % | 4.43 % | 78,385 | 2.20 | 31 | 0.0324 % | 2,670.7 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1730 % | 3,500.7 |
| FixedReset Ins Non | 5.18 % | 4.77 % | 50,431 | 3.03 | 14 | 0.2746 % | 3,294.5 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| MFC.PR.B | Insurance Straight | -2.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-13 Maturity Price : 22.22 Evaluated at bid price : 22.50 Bid-YTW : 5.23 % |
| BN.PF.G | FixedReset Prem | -2.41 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2030-07-01 Maturity Price : 25.00 Evaluated at bid price : 25.08 Bid-YTW : 5.80 % |
| BN.PR.M | Perpetual-Discount | -1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-13 Maturity Price : 21.44 Evaluated at bid price : 21.44 Bid-YTW : 5.62 % |
| SLF.PR.H | FixedReset Ins Non | 1.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-13 Maturity Price : 23.95 Evaluated at bid price : 24.92 Bid-YTW : 5.49 % |
| GWO.PR.G | Insurance Straight | 1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-13 Maturity Price : 24.16 Evaluated at bid price : 24.42 Bid-YTW : 5.39 % |
| ENB.PR.B | FixedReset Disc | 2.86 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-13 Maturity Price : 23.46 Evaluated at bid price : 24.07 Bid-YTW : 6.00 % |
| GWO.PR.H | Insurance Straight | 3.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-13 Maturity Price : 22.39 Evaluated at bid price : 22.65 Bid-YTW : 5.42 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| NA.PR.E | FixedReset Prem | 101,700 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-05-15 Maturity Price : 25.00 Evaluated at bid price : 26.10 Bid-YTW : 3.22 % |
| MFC.PR.K | FixedReset Ins Non | 56,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-19 Maturity Price : 25.00 Evaluated at bid price : 26.20 Bid-YTW : 4.44 % |
| FTS.PR.M | FixedReset Prem | 26,800 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-12-01 Maturity Price : 25.00 Evaluated at bid price : 25.56 Bid-YTW : 5.14 % |
| TD.PF.I | FixedReset Prem | 22,621 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-10-31 Maturity Price : 25.00 Evaluated at bid price : 25.77 Bid-YTW : 3.90 % |
| GWO.PF.A | Perpetual-Premium | 15,200 | YTW SCENARIO Maturity Type : Call Maturity Date : 2035-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.47 Bid-YTW : 5.59 % |
| NA.PR.S | FixedReset Prem | 14,707 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-05-15 Maturity Price : 25.00 Evaluated at bid price : 26.11 Bid-YTW : 4.48 % |
| There were 3 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.D | Perpetual-Discount | Quote: 23.12 – 24.87 Spot Rate : 1.7500 Average : 1.1072 YTW SCENARIO |
| MFC.PR.B | Insurance Straight | Quote: 22.50 – 23.38 Spot Rate : 0.8800 Average : 0.5622 YTW SCENARIO |
| BN.PR.B | Floater | Quote: 14.00 – 15.17 Spot Rate : 1.1700 Average : 0.9038 YTW SCENARIO |
| IFC.PR.C | FixedReset Ins Non | Quote: 25.12 – 25.60 Spot Rate : 0.4800 Average : 0.2733 YTW SCENARIO |
| BN.PF.G | FixedReset Prem | Quote: 25.08 – 26.15 Spot Rate : 1.0700 Average : 0.8696 YTW SCENARIO |
| BN.PF.B | FixedReset Prem | Quote: 25.45 – 26.19 Spot Rate : 0.7400 Average : 0.5399 YTW SCENARIO |