| 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 | -0.3311 % | 2,793.7 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.3311 % | 5,260.9 |
| Floater | 5.17 % | 5.25 % | 32,126 | 15.15 | 3 | -0.3311 % | 3,031.9 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1194 % | 3,627.0 |
| SplitShare | 4.66 % | 4.53 % | 57,888 | 2.53 | 4 | -0.1194 % | 4,331.5 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1194 % | 3,379.6 |
| Perpetual-Premium | 5.75 % | 5.82 % | 77,472 | 14.06 | 9 | -0.2763 % | 3,020.9 |
| Perpetual-Discount | 5.73 % | 5.83 % | 42,487 | 14.09 | 21 | -0.6529 % | 3,302.2 |
| FixedReset Disc | 5.61 % | 6.22 % | 88,117 | 13.56 | 21 | 0.5256 % | 3,392.4 |
| Insurance Straight | 5.62 % | 5.61 % | 47,261 | 14.52 | 19 | -0.8045 % | 3,200.5 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5256 % | 4,142.2 |
| FixedReset Prem | 5.95 % | 4.42 % | 85,042 | 2.04 | 27 | -0.3669 % | 2,652.6 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5256 % | 3,467.7 |
| FixedReset Ins Non | 5.21 % | 5.00 % | 55,237 | 1.89 | 14 | -0.3709 % | 3,274.0 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CU.PR.J | Perpetual-Discount | -6.77 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 19.70 Evaluated at bid price : 19.70 Bid-YTW : 6.09 % |
| GWO.PR.S | Insurance Straight | -4.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 22.07 Evaluated at bid price : 22.30 Bid-YTW : 5.90 % |
| GWO.PR.R | Insurance Straight | -3.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 20.36 Evaluated at bid price : 20.36 Bid-YTW : 5.92 % |
| MFC.PR.B | Insurance Straight | -3.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 5.57 % |
| BN.PR.N | Perpetual-Discount | -2.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 20.30 Evaluated at bid price : 20.30 Bid-YTW : 5.88 % |
| ENB.PF.G | FixedReset Disc | -1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 22.95 Evaluated at bid price : 24.21 Bid-YTW : 6.33 % |
| GWO.PR.Q | Insurance Straight | -1.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 22.28 Evaluated at bid price : 22.55 Bid-YTW : 5.72 % |
| MFC.PR.K | FixedReset Ins Non | -1.34 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-19 Maturity Price : 25.00 Evaluated at bid price : 25.75 Bid-YTW : 4.77 % |
| CU.PR.K | Perpetual-Premium | -1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 24.31 Evaluated at bid price : 24.70 Bid-YTW : 5.70 % |
| ENB.PF.A | FixedReset Disc | -1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 23.07 Evaluated at bid price : 24.29 Bid-YTW : 6.34 % |
| FTS.PR.J | Perpetual-Discount | -1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 21.35 Evaluated at bid price : 21.35 Bid-YTW : 5.62 % |
| PWF.PR.P | FixedReset Disc | -1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 21.85 Evaluated at bid price : 22.27 Bid-YTW : 5.73 % |
| FTS.PR.K | FixedReset Disc | -1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 23.33 Evaluated at bid price : 24.60 Bid-YTW : 5.72 % |
| BN.PF.M | FixedReset Prem | -1.02 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-01-01 Maturity Price : 25.00 Evaluated at bid price : 25.25 Bid-YTW : 5.36 % |
| BN.PF.E | FixedReset Disc | 1.30 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2030-04-01 Maturity Price : 25.00 Evaluated at bid price : 25.00 Bid-YTW : 5.15 % |
| BN.PR.X | FixedReset Disc | 1.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 21.65 Evaluated at bid price : 22.05 Bid-YTW : 6.10 % |
| ENB.PR.F | FixedReset Disc | 1.87 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 23.58 Evaluated at bid price : 23.95 Bid-YTW : 6.37 % |
| BN.PR.K | Floater | 2.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 14.86 Evaluated at bid price : 14.86 Bid-YTW : 5.26 % |
| SLF.PR.E | Insurance Straight | 3.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 20.75 Evaluated at bid price : 20.75 Bid-YTW : 5.44 % |
| CU.PR.G | Perpetual-Discount | 4.75 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 20.06 Evaluated at bid price : 20.06 Bid-YTW : 5.66 % |
| BN.PR.Z | FixedReset Disc | 19.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 23.02 Evaluated at bid price : 23.50 Bid-YTW : 6.97 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| IFC.PR.C | FixedReset Ins Non | 554,800 | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-10-30 Maturity Price : 25.00 Evaluated at bid price : 24.96 Bid-YTW : 5.55 % |
| NA.PR.E | FixedReset Prem | 211,602 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-05-15 Maturity Price : 25.00 Evaluated at bid price : 25.72 Bid-YTW : 4.35 % |
| BN.PF.F | FixedReset Prem | 120,160 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-10-01 Maturity Price : 25.00 Evaluated at bid price : 25.49 Bid-YTW : 5.08 % |
| BN.PR.Z | FixedReset Disc | 102,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 23.02 Evaluated at bid price : 23.50 Bid-YTW : 6.97 % |
| ENB.PF.A | FixedReset Disc | 74,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-09-15 Maturity Price : 23.07 Evaluated at bid price : 24.29 Bid-YTW : 6.34 % |
| IFC.PR.G | FixedReset Ins Non | 59,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.55 Bid-YTW : 4.61 % |
| There were 10 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 |
| MFC.PR.B | Insurance Straight | Quote: 21.00 – 21.84 Spot Rate : 0.8400 Average : 0.5146 YTW SCENARIO |
| CU.PR.J | Perpetual-Discount | Quote: 19.70 – 21.39 Spot Rate : 1.6900 Average : 1.3662 YTW SCENARIO |
| IFC.PR.F | Insurance Straight | Quote: 23.65 – 24.40 Spot Rate : 0.7500 Average : 0.5054 YTW SCENARIO |
| GWO.PR.H | Insurance Straight | Quote: 21.20 – 22.51 Spot Rate : 1.3100 Average : 1.0816 YTW SCENARIO |
| GWO.PR.R | Insurance Straight | Quote: 20.36 – 21.36 Spot Rate : 1.0000 Average : 0.7908 YTW SCENARIO |
| BN.PR.R | FixedReset Disc | Quote: 24.11 – 24.70 Spot Rate : 0.5900 Average : 0.3827 YTW SCENARIO |