| 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 | -1.3364 % | 2,648.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.3364 % | 4,988.3 |
| Floater | 5.46 % | 5.61 % | 33,220 | 14.44 | 3 | -1.3364 % | 2,874.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0317 % | 3,630.7 |
| SplitShare | 4.80 % | 4.27 % | 58,262 | 2.59 | 5 | 0.0317 % | 4,335.9 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0317 % | 3,383.0 |
| Perpetual-Premium | 5.65 % | 5.57 % | 51,038 | 6.74 | 12 | 0.0232 % | 3,073.2 |
| Perpetual-Discount | 5.58 % | 5.67 % | 37,768 | 14.35 | 21 | -0.3702 % | 3,383.4 |
| FixedReset Disc | 5.51 % | 5.88 % | 89,690 | 14.00 | 17 | 0.2112 % | 3,406.8 |
| Insurance Straight | 5.44 % | 5.56 % | 43,643 | 14.43 | 20 | -0.3315 % | 3,306.6 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2112 % | 4,159.8 |
| FixedReset Prem | 5.89 % | 4.47 % | 78,063 | 2.09 | 32 | 0.2321 % | 2,670.0 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2112 % | 3,482.5 |
| FixedReset Ins Non | 5.20 % | 5.10 % | 53,431 | 3.25 | 14 | 0.1641 % | 3,280.0 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| IFC.PR.K | Insurance Straight | -5.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-27 Maturity Price : 22.51 Evaluated at bid price : 22.85 Bid-YTW : 5.83 % |
| PWF.PR.L | Perpetual-Discount | -3.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-27 Maturity Price : 21.78 Evaluated at bid price : 22.03 Bid-YTW : 5.84 % |
| BN.PR.B | Floater | -2.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-27 Maturity Price : 14.04 Evaluated at bid price : 14.04 Bid-YTW : 5.65 % |
| BN.PR.X | FixedReset Disc | -1.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-27 Maturity Price : 21.32 Evaluated at bid price : 21.60 Bid-YTW : 5.92 % |
| PWF.PR.K | Perpetual-Discount | -1.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-27 Maturity Price : 21.33 Evaluated at bid price : 21.60 Bid-YTW : 5.78 % |
| GWO.PR.Q | Insurance Straight | -1.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-27 Maturity Price : 22.77 Evaluated at bid price : 23.05 Bid-YTW : 5.67 % |
| PWF.PR.R | Perpetual-Discount | -1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-27 Maturity Price : 23.74 Evaluated at bid price : 24.05 Bid-YTW : 5.77 % |
| PWF.PR.A | Floater | -1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-27 Maturity Price : 14.65 Evaluated at bid price : 14.65 Bid-YTW : 5.36 % |
| GWO.PR.H | Insurance Straight | -1.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-27 Maturity Price : 21.50 Evaluated at bid price : 21.76 Bid-YTW : 5.66 % |
| MFC.PR.Q | FixedReset Ins Non | -1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-27 Maturity Price : 23.43 Evaluated at bid price : 24.50 Bid-YTW : 6.03 % |
| FTS.PR.M | FixedReset Prem | 1.07 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-12-01 Maturity Price : 25.00 Evaluated at bid price : 25.39 Bid-YTW : 4.98 % |
| NA.PR.K | FixedReset Prem | 1.24 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-05-01 Maturity Price : 25.00 Evaluated at bid price : 28.50 Bid-YTW : 2.45 % |
| ENB.PR.F | FixedReset Disc | 2.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-27 Maturity Price : 23.70 Evaluated at bid price : 24.05 Bid-YTW : 6.00 % |
| MFC.PR.F | FixedReset Ins Non | 4.93 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-27 Maturity Price : 21.74 Evaluated at bid price : 22.14 Bid-YTW : 5.26 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BILP.PR.A | FixedReset Prem | 786,275 | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-10-01 Maturity Price : 25.00 Evaluated at bid price : 25.34 Bid-YTW : 5.48 % |
| BN.PF.A | FixedReset Prem | 23,865 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-30 Maturity Price : 25.00 Evaluated at bid price : 26.14 Bid-YTW : 5.00 % |
| PWF.PR.A | Floater | 14,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-27 Maturity Price : 14.65 Evaluated at bid price : 14.65 Bid-YTW : 5.36 % |
| BN.PR.X | FixedReset Disc | 12,625 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-08-27 Maturity Price : 21.32 Evaluated at bid price : 21.60 Bid-YTW : 5.92 % |
| NA.PR.C | FixedReset Prem | 11,445 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 26.50 Bid-YTW : 2.21 % |
| 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 |
| NA.PR.C | FixedReset Prem | Quote: 26.50 – 28.92 Spot Rate : 2.4200 Average : 1.4923 YTW SCENARIO |
| IFC.PR.K | Insurance Straight | Quote: 22.85 – 24.49 Spot Rate : 1.6400 Average : 1.0918 YTW SCENARIO |
| PWF.PR.L | Perpetual-Discount | Quote: 22.03 – 23.50 Spot Rate : 1.4700 Average : 0.9365 YTW SCENARIO |
| ENB.PR.A | Perpetual-Premium | Quote: 24.72 – 26.00 Spot Rate : 1.2800 Average : 0.8693 YTW SCENARIO |
| GWO.PR.Q | Insurance Straight | Quote: 23.05 – 23.53 Spot Rate : 0.4800 Average : 0.2768 YTW SCENARIO |
| MFC.PR.Q | FixedReset Ins Non | Quote: 24.50 – 25.75 Spot Rate : 1.2500 Average : 1.0829 YTW SCENARIO |