| 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 | 1.7937 % | 2,808.5 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 1.7937 % | 5,288.9 |
| Floater | 5.15 % | 5.23 % | 31,332 | 15.05 | 3 | 1.7937 % | 3,048.0 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1695 % | 3,629.2 |
| SplitShare | 4.65 % | 4.39 % | 55,968 | 2.55 | 4 | 0.1695 % | 4,334.0 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1695 % | 3,381.6 |
| Perpetual-Premium | 5.65 % | 5.53 % | 68,733 | 6.39 | 9 | 0.0659 % | 3,073.0 |
| Perpetual-Discount | 5.58 % | 5.67 % | 42,610 | 14.36 | 21 | -0.9082 % | 3,388.3 |
| FixedReset Disc | 5.62 % | 6.02 % | 91,132 | 13.84 | 21 | 0.1300 % | 3,388.5 |
| Insurance Straight | 5.49 % | 5.50 % | 47,110 | 14.61 | 19 | -0.4424 % | 3,278.9 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1300 % | 4,137.4 |
| FixedReset Prem | 5.90 % | 4.03 % | 80,695 | 2.05 | 27 | -0.0497 % | 2,676.1 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1300 % | 3,463.7 |
| FixedReset Ins Non | 5.19 % | 4.39 % | 51,159 | 1.91 | 14 | -0.0262 % | 3,290.8 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CU.PR.J | Perpetual-Discount | -9.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-09 Maturity Price : 19.70 Evaluated at bid price : 19.70 Bid-YTW : 6.08 % |
| SLF.PR.E | Insurance Straight | -8.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-09 Maturity Price : 19.90 Evaluated at bid price : 19.90 Bid-YTW : 5.67 % |
| SLF.PR.D | Insurance Straight | -3.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-09 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 5.39 % |
| PWF.PR.K | Perpetual-Discount | -3.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-09 Maturity Price : 21.33 Evaluated at bid price : 21.60 Bid-YTW : 5.80 % |
| PWF.PR.R | Perpetual-Discount | -2.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-09 Maturity Price : 23.71 Evaluated at bid price : 23.98 Bid-YTW : 5.80 % |
| PWF.PR.A | Floater | -2.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-09 Maturity Price : 15.05 Evaluated at bid price : 15.05 Bid-YTW : 5.23 % |
| ENB.PF.G | FixedReset Disc | -2.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-09 Maturity Price : 22.95 Evaluated at bid price : 24.21 Bid-YTW : 6.18 % |
| GWO.PR.S | Insurance Straight | -1.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-09 Maturity Price : 22.98 Evaluated at bid price : 23.25 Bid-YTW : 5.65 % |
| BIP.PR.F | FixedReset Prem | -1.21 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-01-01 Maturity Price : 25.00 Evaluated at bid price : 25.34 Bid-YTW : 5.67 % |
| GWO.PR.Y | Insurance Straight | -1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-09 Maturity Price : 20.65 Evaluated at bid price : 20.65 Bid-YTW : 5.46 % |
| CU.PR.G | Perpetual-Discount | -1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-09 Maturity Price : 20.76 Evaluated at bid price : 20.76 Bid-YTW : 5.46 % |
| BN.PF.G | FixedReset Prem | -1.04 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2030-07-01 Maturity Price : 25.00 Evaluated at bid price : 25.73 Bid-YTW : 5.16 % |
| PWF.PR.P | FixedReset Disc | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-09 Maturity Price : 21.90 Evaluated at bid price : 22.34 Bid-YTW : 5.56 % |
| POW.PR.C | Perpetual-Premium | 1.07 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-10-09 Maturity Price : 25.00 Evaluated at bid price : 25.52 Bid-YTW : -8.37 % |
| BN.PF.M | FixedReset Prem | 1.94 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-01-01 Maturity Price : 25.00 Evaluated at bid price : 26.25 Bid-YTW : 4.66 % |
| GWO.PR.R | Insurance Straight | 1.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-09 Maturity Price : 21.51 Evaluated at bid price : 21.51 Bid-YTW : 5.60 % |
| BN.PR.K | Floater | 3.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-09 Maturity Price : 15.19 Evaluated at bid price : 15.19 Bid-YTW : 5.23 % |
| ENB.PR.F | FixedReset Disc | 3.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-09 Maturity Price : 23.97 Evaluated at bid price : 24.30 Bid-YTW : 6.11 % |
| GWO.PR.G | Insurance Straight | 3.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-09 Maturity Price : 23.36 Evaluated at bid price : 23.65 Bid-YTW : 5.50 % |
| BN.PR.B | Floater | 4.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-09 Maturity Price : 15.16 Evaluated at bid price : 15.16 Bid-YTW : 5.24 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BILP.PR.A | FixedReset Prem | 339,445 | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-10-01 Maturity Price : 25.00 Evaluated at bid price : 25.24 Bid-YTW : 5.49 % |
| IFC.PR.C | FixedReset Ins Non | 211,011 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-10-30 Maturity Price : 25.00 Evaluated at bid price : 25.17 Bid-YTW : 4.94 % |
| SLF.PR.H | FixedReset Ins Non | 77,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-10-30 Maturity Price : 25.00 Evaluated at bid price : 25.45 Bid-YTW : -9.26 % |
| BN.PF.F | FixedReset Prem | 32,800 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-10-01 Maturity Price : 25.00 Evaluated at bid price : 25.67 Bid-YTW : 5.31 % |
| POW.PR.I | Perpetual-Premium | 24,470 | YTW SCENARIO Maturity Type : Call Maturity Date : 2035-01-15 Maturity Price : 25.00 Evaluated at bid price : 25.25 Bid-YTW : 5.67 % |
| BN.PF.C | Perpetual-Discount | 20,350 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-09 Maturity Price : 21.32 Evaluated at bid price : 21.59 Bid-YTW : 5.72 % |
| There were 13 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 |
| CU.PR.J | Perpetual-Discount | Quote: 19.70 – 21.89 Spot Rate : 2.1900 Average : 1.2605 YTW SCENARIO |
| BN.PR.Z | FixedReset Disc | Quote: 20.00 – 26.06 Spot Rate : 6.0600 Average : 5.1594 YTW SCENARIO |
| SLF.PR.E | Insurance Straight | Quote: 19.90 – 22.07 Spot Rate : 2.1700 Average : 1.2855 YTW SCENARIO |
| SLF.PR.D | Insurance Straight | Quote: 20.70 – 21.70 Spot Rate : 1.0000 Average : 0.6038 YTW SCENARIO |
| BN.PF.I | FixedReset Prem | Quote: 25.45 – 26.45 Spot Rate : 1.0000 Average : 0.6063 YTW SCENARIO |
| SLF.PR.C | Insurance Straight | Quote: 21.32 – 22.25 Spot Rate : 0.9300 Average : 0.7114 YTW SCENARIO |