| 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 | 0.4656 % | 2,803.0 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4656 % | 5,278.4 |
| Floater | 5.16 % | 5.23 % | 32,381 | 15.04 | 3 | 0.4656 % | 3,042.0 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2194 % | 3,631.4 |
| SplitShare | 4.65 % | 4.17 % | 57,029 | 2.54 | 4 | 0.2194 % | 4,336.6 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2194 % | 3,383.6 |
| Perpetual-Premium | 5.73 % | 5.84 % | 72,361 | 14.03 | 9 | -0.0979 % | 3,029.2 |
| Perpetual-Discount | 5.69 % | 5.80 % | 42,896 | 14.13 | 21 | -0.3169 % | 3,323.9 |
| FixedReset Disc | 5.64 % | 6.21 % | 85,527 | 13.54 | 21 | -1.1521 % | 3,374.7 |
| Insurance Straight | 5.58 % | 5.61 % | 47,961 | 14.45 | 19 | -0.6776 % | 3,226.4 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.1521 % | 4,120.5 |
| FixedReset Prem | 5.93 % | 4.52 % | 78,889 | 2.04 | 27 | -0.1539 % | 2,662.4 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -1.1521 % | 3,449.6 |
| FixedReset Ins Non | 5.19 % | 4.99 % | 51,142 | 2.55 | 14 | -0.3086 % | 3,286.2 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BN.PR.Z | FixedReset Disc | -22.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 8.39 % |
| MFC.PR.F | FixedReset Ins Non | -6.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 21.20 Evaluated at bid price : 21.20 Bid-YTW : 5.83 % |
| CU.PR.G | Perpetual-Discount | -5.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 19.15 Evaluated at bid price : 19.15 Bid-YTW : 5.93 % |
| SLF.PR.E | Insurance Straight | -4.65 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 20.10 Evaluated at bid price : 20.10 Bid-YTW : 5.62 % |
| PWF.PR.Z | Perpetual-Discount | -2.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 21.75 Evaluated at bid price : 22.00 Bid-YTW : 5.93 % |
| SLF.PR.D | Insurance Straight | -2.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 20.60 Evaluated at bid price : 20.60 Bid-YTW : 5.42 % |
| NA.PR.K | FixedReset Prem | -1.92 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-05-01 Maturity Price : 25.00 Evaluated at bid price : 28.15 Bid-YTW : 3.03 % |
| GWO.PR.P | Insurance Straight | -1.66 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 23.41 Evaluated at bid price : 23.70 Bid-YTW : 5.70 % |
| SLF.PR.C | Insurance Straight | -1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 20.77 Evaluated at bid price : 20.77 Bid-YTW : 5.38 % |
| GWO.PF.A | Perpetual-Premium | -1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 24.27 Evaluated at bid price : 24.65 Bid-YTW : 5.79 % |
| FTS.PR.F | Perpetual-Discount | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 22.12 Evaluated at bid price : 22.40 Bid-YTW : 5.50 % |
| PWF.PF.A | Perpetual-Discount | -1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 20.10 Evaluated at bid price : 20.10 Bid-YTW : 5.68 % |
| BN.PR.K | Floater | -1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 14.71 Evaluated at bid price : 14.71 Bid-YTW : 5.40 % |
| MFC.PR.B | Insurance Straight | -1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 21.49 Evaluated at bid price : 21.75 Bid-YTW : 5.36 % |
| ENB.PR.T | FixedReset Disc | -1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 23.28 Evaluated at bid price : 24.60 Bid-YTW : 6.26 % |
| GWO.PR.Y | Insurance Straight | 1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 20.20 Evaluated at bid price : 20.20 Bid-YTW : 5.59 % |
| GWO.PR.N | FixedReset Ins Non | 1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 20.85 Evaluated at bid price : 20.85 Bid-YTW : 5.66 % |
| PWF.PR.P | FixedReset Disc | 1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 22.02 Evaluated at bid price : 22.52 Bid-YTW : 5.66 % |
| 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 : 4.26 % |
| BN.PF.D | Perpetual-Discount | 1.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 21.46 Evaluated at bid price : 21.46 Bid-YTW : 5.83 % |
| PWF.PR.A | Floater | 2.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 15.40 Evaluated at bid price : 15.40 Bid-YTW : 5.12 % |
| BN.PF.E | FixedReset Disc | 3.73 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2030-04-01 Maturity Price : 25.00 Evaluated at bid price : 25.00 Bid-YTW : 5.55 % |
| CU.PR.J | Perpetual-Discount | 7.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 21.13 Evaluated at bid price : 21.13 Bid-YTW : 5.67 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| IFC.PR.C | FixedReset Ins Non | 233,000 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 24.31 Evaluated at bid price : 25.13 Bid-YTW : 6.30 % |
| GWO.PR.N | FixedReset Ins Non | 51,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-14 Maturity Price : 20.85 Evaluated at bid price : 20.85 Bid-YTW : 5.66 % |
| BN.PF.B | FixedReset Prem | 51,100 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-04-01 Maturity Price : 25.00 Evaluated at bid price : 25.77 Bid-YTW : 5.41 % |
| BILP.PR.A | FixedReset Prem | 47,300 | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-10-01 Maturity Price : 25.00 Evaluated at bid price : 25.24 Bid-YTW : 5.51 % |
| BN.PF.G | FixedReset Prem | 41,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2030-07-01 Maturity Price : 25.00 Evaluated at bid price : 25.51 Bid-YTW : 5.44 % |
| BN.PF.F | FixedReset Prem | 32,200 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-10-01 Maturity Price : 25.00 Evaluated at bid price : 25.75 Bid-YTW : 5.22 % |
| There were 4 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 Disc | Quote: 20.00 – 26.05 Spot Rate : 6.0500 Average : 3.8489 YTW SCENARIO |
| CM.PR.S | FixedReset Prem | Quote: 25.90 – 26.90 Spot Rate : 1.0000 Average : 0.5668 YTW SCENARIO |
| CU.PR.G | Perpetual-Discount | Quote: 19.15 – 20.33 Spot Rate : 1.1800 Average : 0.7614 YTW SCENARIO |
| MFC.PR.F | FixedReset Ins Non | Quote: 21.20 – 22.86 Spot Rate : 1.6600 Average : 1.2710 YTW SCENARIO |
| GWO.PR.R | Insurance Straight | Quote: 21.11 – 21.95 Spot Rate : 0.8400 Average : 0.5615 YTW SCENARIO |
| GWO.PR.P | Insurance Straight | Quote: 23.70 – 24.60 Spot Rate : 0.9000 Average : 0.6617 YTW SCENARIO |