| 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 | -0.1637 % | 2,640.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1637 % | 4,973.2 |
| Floater | 5.47 % | 5.61 % | 33,473 | 14.46 | 3 | -0.1637 % | 2,866.1 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0395 % | 3,651.2 |
| SplitShare | 4.77 % | 4.78 % | 53,690 | 2.59 | 5 | 0.0395 % | 4,360.3 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0395 % | 3,402.1 |
| Perpetual-Premium | 5.61 % | 5.43 % | 55,065 | 6.48 | 12 | 0.0297 % | 3,092.8 |
| Perpetual-Discount | 5.49 % | 5.55 % | 38,119 | 14.55 | 21 | 0.1067 % | 3,437.1 |
| FixedReset Disc | 5.53 % | 5.89 % | 92,979 | 14.04 | 17 | -0.7869 % | 3,397.7 |
| Insurance Straight | 5.34 % | 5.42 % | 44,785 | 14.70 | 20 | 0.0897 % | 3,369.6 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.7869 % | 4,148.7 |
| FixedReset Prem | 5.89 % | 4.38 % | 77,919 | 2.12 | 31 | 0.0548 % | 2,672.1 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.7869 % | 3,473.2 |
| FixedReset Ins Non | 5.17 % | 4.77 % | 50,353 | 1.95 | 14 | 0.2651 % | 3,303.2 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| ENB.PR.P | FixedReset Disc | -2.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-14 Maturity Price : 23.05 Evaluated at bid price : 24.01 Bid-YTW : 6.02 % |
| ENB.PR.F | FixedReset Disc | -1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-14 Maturity Price : 23.38 Evaluated at bid price : 23.75 Bid-YTW : 6.07 % |
| ENB.PR.Y | FixedReset Disc | -1.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-14 Maturity Price : 22.47 Evaluated at bid price : 23.07 Bid-YTW : 6.05 % |
| GWO.PR.R | Insurance Straight | -1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-14 Maturity Price : 21.78 Evaluated at bid price : 22.02 Bid-YTW : 5.52 % |
| BN.PF.A | FixedReset Prem | -1.18 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-30 Maturity Price : 25.00 Evaluated at bid price : 25.90 Bid-YTW : 5.38 % |
| BN.PR.B | Floater | -1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-14 Maturity Price : 13.84 Evaluated at bid price : 13.84 Bid-YTW : 5.71 % |
| PWF.PR.L | Perpetual-Discount | 1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-14 Maturity Price : 22.88 Evaluated at bid price : 23.15 Bid-YTW : 5.54 % |
| NA.PR.K | FixedReset Prem | 1.06 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-05-01 Maturity Price : 25.00 Evaluated at bid price : 28.60 Bid-YTW : 2.28 % |
| MFC.PR.B | Insurance Straight | 1.78 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-14 Maturity Price : 22.66 Evaluated at bid price : 22.90 Bid-YTW : 5.14 % |
| ENB.PF.E | FixedReset Disc | 2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-14 Maturity Price : 23.01 Evaluated at bid price : 24.32 Bid-YTW : 5.93 % |
| ENB.PF.G | FixedReset Disc | 2.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-14 Maturity Price : 23.14 Evaluated at bid price : 24.70 Bid-YTW : 5.89 % |
| IFC.PR.A | FixedReset Ins Non | 2.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-14 Maturity Price : 23.16 Evaluated at bid price : 23.62 Bid-YTW : 5.33 % |
| BN.PF.G | FixedReset Prem | 3.67 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2030-07-01 Maturity Price : 25.00 Evaluated at bid price : 26.00 Bid-YTW : 4.74 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BN.PR.B | Floater | 53,642 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-14 Maturity Price : 13.84 Evaluated at bid price : 13.84 Bid-YTW : 5.71 % |
| TD.PF.I | FixedReset Prem | 32,019 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-10-31 Maturity Price : 25.00 Evaluated at bid price : 25.88 Bid-YTW : 3.54 % |
| NA.PR.C | FixedReset Prem | 22,542 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 26.48 Bid-YTW : 2.21 % |
| NA.PR.G | FixedReset Prem | 21,314 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-11-16 Maturity Price : 25.00 Evaluated at bid price : 26.85 Bid-YTW : 3.62 % |
| BN.PR.R | FixedReset Disc | 15,146 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-14 Maturity Price : 22.89 Evaluated at bid price : 24.25 Bid-YTW : 5.72 % |
| BN.PF.G | FixedReset Prem | 15,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2030-07-01 Maturity Price : 25.00 Evaluated at bid price : 26.00 Bid-YTW : 4.74 % |
| 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 |
| IFC.PR.G | FixedReset Ins Non | Quote: 25.75 – 27.15 Spot Rate : 1.4000 Average : 0.8396 YTW SCENARIO |
| ENB.PR.P | FixedReset Disc | Quote: 24.01 – 24.94 Spot Rate : 0.9300 Average : 0.5189 YTW SCENARIO |
| ENB.PR.F | FixedReset Disc | Quote: 23.75 – 24.70 Spot Rate : 0.9500 Average : 0.5532 YTW SCENARIO |
| ENB.PR.Y | FixedReset Disc | Quote: 23.07 – 24.00 Spot Rate : 0.9300 Average : 0.6083 YTW SCENARIO |
| PWF.PF.A | Perpetual-Discount | Quote: 20.73 – 21.45 Spot Rate : 0.7200 Average : 0.4621 YTW SCENARIO |
| POW.PR.D | Perpetual-Discount | Quote: 23.23 – 24.87 Spot Rate : 1.6400 Average : 1.3859 YTW SCENARIO |