| 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 | -0.0702 % | 2,640.3 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0702 % | 4,972.0 |
| Floater | 5.47 % | 5.62 % | 31,066 | 14.43 | 3 | -0.0702 % | 2,865.4 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1031 % | 3,626.7 |
| SplitShare | 4.80 % | 4.42 % | 63,049 | 2.59 | 5 | -0.1031 % | 4,331.0 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1031 % | 3,379.3 |
| Perpetual-Premium | 5.65 % | 5.55 % | 53,562 | 6.75 | 12 | -0.0994 % | 3,071.4 |
| Perpetual-Discount | 5.54 % | 5.63 % | 37,686 | 14.42 | 21 | 0.2201 % | 3,403.0 |
| FixedReset Disc | 5.52 % | 5.88 % | 94,582 | 14.01 | 17 | -0.0149 % | 3,405.1 |
| Insurance Straight | 5.38 % | 5.45 % | 42,464 | 14.59 | 20 | 0.2156 % | 3,342.2 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0149 % | 4,157.7 |
| FixedReset Prem | 5.91 % | 4.60 % | 79,253 | 2.10 | 31 | 0.1299 % | 2,664.5 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0149 % | 3,480.8 |
| FixedReset Ins Non | 5.19 % | 5.21 % | 52,440 | 2.60 | 14 | 0.1285 % | 3,289.5 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| ENB.PR.P | FixedReset Disc | -2.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-25 Maturity Price : 23.06 Evaluated at bid price : 24.01 Bid-YTW : 6.02 % |
| BN.PF.G | FixedReset Prem | -1.75 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2030-07-01 Maturity Price : 25.00 Evaluated at bid price : 25.31 Bid-YTW : 5.58 % |
| MFC.PR.K | FixedReset Ins Non | -1.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-25 Maturity Price : 23.77 Evaluated at bid price : 25.60 Bid-YTW : 5.49 % |
| MFC.PR.F | FixedReset Ins Non | -1.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-25 Maturity Price : 21.50 Evaluated at bid price : 21.80 Bid-YTW : 5.35 % |
| TD.PF.A | FixedReset Prem | 1.09 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-10-31 Maturity Price : 25.00 Evaluated at bid price : 25.90 Bid-YTW : 3.89 % |
| MFC.PR.Q | FixedReset Ins Non | 1.11 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-19 Maturity Price : 25.00 Evaluated at bid price : 25.60 Bid-YTW : 5.21 % |
| NA.PR.C | FixedReset Prem | 1.26 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 26.60 Bid-YTW : 1.88 % |
| FTS.PR.K | FixedReset Disc | 1.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-25 Maturity Price : 23.32 Evaluated at bid price : 24.60 Bid-YTW : 5.39 % |
| PWF.PR.R | Perpetual-Discount | 1.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-25 Maturity Price : 24.19 Evaluated at bid price : 24.45 Bid-YTW : 5.68 % |
| PWF.PR.S | Perpetual-Discount | 2.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-25 Maturity Price : 21.48 Evaluated at bid price : 21.48 Bid-YTW : 5.65 % |
| PWF.PR.K | Perpetual-Discount | 2.87 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-25 Maturity Price : 21.98 Evaluated at bid price : 22.22 Bid-YTW : 5.62 % |
| IFC.PR.A | FixedReset Ins Non | 3.46 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-25 Maturity Price : 23.14 Evaluated at bid price : 23.60 Bid-YTW : 5.33 % |
| GWO.PR.Y | Insurance Straight | 5.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-25 Maturity Price : 21.05 Evaluated at bid price : 21.05 Bid-YTW : 5.44 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| IFC.PR.C | FixedReset Ins Non | 326,400 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-09-30 Maturity Price : 25.00 Evaluated at bid price : 25.14 Bid-YTW : 3.09 % |
| BMO.PR.E | FixedReset Prem | 32,420 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-11-25 Maturity Price : 25.00 Evaluated at bid price : 26.80 Bid-YTW : 3.49 % |
| BN.PF.A | FixedReset Prem | 31,900 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-30 Maturity Price : 25.00 Evaluated at bid price : 26.09 Bid-YTW : 5.08 % |
| ENB.PR.D | FixedReset Disc | 26,117 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-25 Maturity Price : 23.53 Evaluated at bid price : 23.94 Bid-YTW : 5.88 % |
| NA.PR.S | FixedReset Prem | 18,050 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-05-15 Maturity Price : 25.00 Evaluated at bid price : 26.07 Bid-YTW : 4.60 % |
| NA.PR.C | FixedReset Prem | 16,775 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 26.60 Bid-YTW : 1.88 % |
| There were 7 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 |
| MIC.PR.A | Perpetual-Discount | Quote: 23.40 – 25.95 Spot Rate : 2.5500 Average : 1.4793 YTW SCENARIO |
| TD.PF.A | FixedReset Prem | Quote: 25.90 – 26.90 Spot Rate : 1.0000 Average : 0.6009 YTW SCENARIO |
| IFC.PR.M | Perpetual-Premium | Quote: 25.12 – 26.12 Spot Rate : 1.0000 Average : 0.6265 YTW SCENARIO |
| NA.PR.C | FixedReset Prem | Quote: 26.60 – 27.60 Spot Rate : 1.0000 Average : 0.7221 YTW SCENARIO |
| NA.PR.S | FixedReset Prem | Quote: 26.07 – 27.00 Spot Rate : 0.9300 Average : 0.6568 YTW SCENARIO |
| ENB.PR.P | FixedReset Disc | Quote: 24.01 – 24.76 Spot Rate : 0.7500 Average : 0.5050 YTW SCENARIO |