| 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 | -0.5256 % | 2,692.8 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.5256 % | 5,071.0 |
| Floater | 5.37 % | 5.55 % | 29,355 | 14.53 | 3 | -0.5256 % | 2,922.5 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1190 % | 3,626.7 |
| SplitShare | 4.80 % | 4.54 % | 58,730 | 2.57 | 5 | -0.1190 % | 4,331.0 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1190 % | 3,379.3 |
| Perpetual-Premium | 5.63 % | 5.55 % | 44,289 | 6.72 | 12 | 0.2252 % | 3,083.9 |
| Perpetual-Discount | 5.53 % | 5.64 % | 39,636 | 14.38 | 21 | 0.4593 % | 3,410.0 |
| FixedReset Disc | 5.50 % | 5.92 % | 94,407 | 13.98 | 17 | 0.0693 % | 3,417.1 |
| Insurance Straight | 5.43 % | 5.46 % | 44,899 | 14.59 | 20 | 0.0608 % | 3,310.9 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0693 % | 4,172.4 |
| FixedReset Prem | 5.93 % | 4.53 % | 77,626 | 2.17 | 32 | -0.9666 % | 2,652.0 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0693 % | 3,493.0 |
| FixedReset Ins Non | 5.19 % | 4.48 % | 51,327 | 1.93 | 14 | 0.1840 % | 3,291.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PR.Z | FixedReset Prem | -26.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-03 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 8.47 % |
| GWO.PR.N | FixedReset Ins Non | -6.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-03 Maturity Price : 19.50 Evaluated at bid price : 19.50 Bid-YTW : 5.78 % |
| GWO.PR.R | Insurance Straight | -3.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-03 Maturity Price : 20.92 Evaluated at bid price : 20.92 Bid-YTW : 5.75 % |
| ENB.PR.F | FixedReset Disc | -3.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-03 Maturity Price : 23.13 Evaluated at bid price : 23.51 Bid-YTW : 6.21 % |
| BN.PF.M | FixedReset Prem | -2.72 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-01-01 Maturity Price : 25.00 Evaluated at bid price : 25.05 Bid-YTW : 5.90 % |
| BN.PR.K | Floater | -2.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-03 Maturity Price : 14.13 Evaluated at bid price : 14.13 Bid-YTW : 5.62 % |
| NA.PR.E | FixedReset Prem | -1.75 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-05-15 Maturity Price : 25.00 Evaluated at bid price : 25.84 Bid-YTW : 3.97 % |
| MFC.PR.B | Insurance Straight | -1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-03 Maturity Price : 22.30 Evaluated at bid price : 22.57 Bid-YTW : 5.15 % |
| NA.PR.K | FixedReset Prem | 1.04 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-05-01 Maturity Price : 25.00 Evaluated at bid price : 29.10 Bid-YTW : 1.61 % |
| ENB.PR.B | FixedReset Disc | 1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-03 Maturity Price : 23.47 Evaluated at bid price : 24.10 Bid-YTW : 5.94 % |
| MFC.PR.Q | FixedReset Ins Non | 1.50 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-19 Maturity Price : 25.00 Evaluated at bid price : 25.70 Bid-YTW : 4.19 % |
| CU.PR.G | Perpetual-Discount | 1.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-03 Maturity Price : 21.11 Evaluated at bid price : 21.11 Bid-YTW : 5.37 % |
| FTS.PR.H | FixedReset Disc | 1.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-03 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.58 % |
| IFC.PR.A | FixedReset Ins Non | 1.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-03 Maturity Price : 23.44 Evaluated at bid price : 23.90 Bid-YTW : 5.34 % |
| PWF.PR.K | Perpetual-Discount | 2.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-03 Maturity Price : 21.87 Evaluated at bid price : 22.11 Bid-YTW : 5.66 % |
| PWF.PR.R | Perpetual-Discount | 2.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-03 Maturity Price : 24.30 Evaluated at bid price : 24.61 Bid-YTW : 5.65 % |
| GWO.PR.I | Insurance Straight | 3.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-03 Maturity Price : 21.20 Evaluated at bid price : 21.20 Bid-YTW : 5.32 % |
| GWO.PR.Y | Insurance Straight | 3.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-03 Maturity Price : 21.10 Evaluated at bid price : 21.10 Bid-YTW : 5.34 % |
| MFC.PR.L | FixedReset Ins Non | 3.61 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-06-20 Maturity Price : 25.00 Evaluated at bid price : 25.80 Bid-YTW : 4.48 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| IFC.PR.C | FixedReset Ins Non | 151,025 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-10-30 Maturity Price : 25.00 Evaluated at bid price : 25.16 Bid-YTW : 4.62 % |
| BILP.PR.A | FixedReset Prem | 56,075 | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-10-01 Maturity Price : 25.00 Evaluated at bid price : 25.26 Bid-YTW : 5.45 % |
| BMO.PR.E | FixedReset Prem | 28,213 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-11-25 Maturity Price : 25.00 Evaluated at bid price : 27.20 Bid-YTW : 2.81 % |
| GWO.PF.A | Perpetual-Premium | 14,277 | YTW SCENARIO Maturity Type : Call Maturity Date : 2035-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.21 Bid-YTW : 5.56 % |
| PWF.PR.E | Perpetual-Discount | 11,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-03 Maturity Price : 24.21 Evaluated at bid price : 24.50 Bid-YTW : 5.67 % |
| ENB.PF.A | FixedReset Disc | 11,296 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-12-01 Maturity Price : 25.00 Evaluated at bid price : 24.88 Bid-YTW : 5.89 % |
| There were 1 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.Z | FixedReset Prem | Quote: 19.00 – 26.10 Spot Rate : 7.1000 Average : 4.2613 YTW SCENARIO |
| BN.PF.E | FixedReset Disc | Quote: 24.00 – 26.50 Spot Rate : 2.5000 Average : 1.8791 YTW SCENARIO |
| GWO.PR.N | FixedReset Ins Non | Quote: 19.50 – 20.54 Spot Rate : 1.0400 Average : 0.6068 YTW SCENARIO |
| BN.PF.M | FixedReset Prem | Quote: 25.05 – 26.62 Spot Rate : 1.5700 Average : 1.1553 YTW SCENARIO |
| SLF.PR.H | FixedReset Ins Non | Quote: 25.20 – 26.20 Spot Rate : 1.0000 Average : 0.6150 YTW SCENARIO |
| ENB.PR.F | FixedReset Disc | Quote: 23.51 – 24.45 Spot Rate : 0.9400 Average : 0.5984 YTW SCENARIO |