| 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 | 0.1019 % | 2,777.3 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1019 % | 5,230.1 |
| Floater | 5.28 % | 5.32 % | 29,294 | 14.99 | 2 | 0.1019 % | 3,014.1 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0100 % | 3,616.9 |
| SplitShare | 4.67 % | 4.87 % | 46,343 | 1.34 | 4 | -0.0100 % | 4,319.4 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0100 % | 3,370.1 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.5719 % | 2,974.7 |
| Perpetual-Discount | 5.88 % | 5.97 % | 47,663 | 13.90 | 32 | 0.5719 % | 3,200.8 |
| FixedReset Disc | 5.75 % | 6.34 % | 88,166 | 13.24 | 24 | -0.1127 % | 3,335.5 |
| Insurance Straight | 5.80 % | 5.86 % | 67,935 | 14.11 | 19 | 0.4078 % | 3,101.7 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1127 % | 4,072.6 |
| FixedReset Prem | 6.00 % | 4.78 % | 79,423 | 1.98 | 24 | 0.0486 % | 2,628.4 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1127 % | 3,409.5 |
| FixedReset Ins Non | 5.65 % | 5.78 % | 52,069 | 13.83 | 13 | 0.1320 % | 3,225.4 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| MFC.PR.Q | FixedReset Ins Non | -3.87 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 23.49 Evaluated at bid price : 24.57 Bid-YTW : 6.30 % |
| IFC.PR.A | FixedReset Ins Non | -3.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 22.06 Evaluated at bid price : 22.70 Bid-YTW : 5.88 % |
| BN.PF.G | FixedReset Disc | -2.60 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 23.03 Evaluated at bid price : 24.35 Bid-YTW : 6.45 % |
| ENB.PF.G | FixedReset Disc | -1.49 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 22.44 Evaluated at bid price : 23.15 Bid-YTW : 6.70 % |
| PWF.PR.P | FixedReset Disc | -1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 21.21 Evaluated at bid price : 21.21 Bid-YTW : 6.09 % |
| BN.PF.E | FixedReset Disc | -1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 22.96 Evaluated at bid price : 24.10 Bid-YTW : 6.19 % |
| GWO.PR.R | Insurance Straight | -1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 20.01 Evaluated at bid price : 20.01 Bid-YTW : 6.05 % |
| ENB.PR.A | Perpetual-Discount | 1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 23.91 Evaluated at bid price : 24.15 Bid-YTW : 5.76 % |
| IFC.PR.F | Insurance Straight | 1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 22.82 Evaluated at bid price : 23.10 Bid-YTW : 5.77 % |
| FTS.PR.F | Perpetual-Discount | 1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 21.30 Evaluated at bid price : 21.30 Bid-YTW : 5.83 % |
| PWF.PR.L | Perpetual-Discount | 1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 21.51 Evaluated at bid price : 21.77 Bid-YTW : 5.96 % |
| IFC.PR.G | FixedReset Ins Non | 1.18 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-30 Maturity Price : 25.00 Evaluated at bid price : 25.80 Bid-YTW : 4.17 % |
| GWO.PR.H | Insurance Straight | 1.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 20.56 Evaluated at bid price : 20.56 Bid-YTW : 5.95 % |
| GWO.PR.Y | Insurance Straight | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 19.25 Evaluated at bid price : 19.25 Bid-YTW : 5.89 % |
| GWO.PR.Z | Insurance Straight | 1.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 24.11 Evaluated at bid price : 24.50 Bid-YTW : 5.85 % |
| NA.PR.C | FixedReset Prem | 1.56 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-11-15 Maturity Price : 25.00 Evaluated at bid price : 26.18 Bid-YTW : 2.02 % |
| ENB.PR.B | FixedReset Disc | 1.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 22.80 Evaluated at bid price : 23.47 Bid-YTW : 6.46 % |
| CM.PR.S | FixedReset Prem | 3.46 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-01-31 Maturity Price : 25.00 Evaluated at bid price : 25.45 Bid-YTW : 4.17 % |
| PWF.PR.Z | Perpetual-Discount | 5.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 21.81 Evaluated at bid price : 22.05 Bid-YTW : 5.94 % |
| MFC.PR.K | FixedReset Ins Non | 6.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 23.69 Evaluated at bid price : 25.27 Bid-YTW : 5.85 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| CM.PR.S | FixedReset Prem | 139,142 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-01-31 Maturity Price : 25.00 Evaluated at bid price : 25.45 Bid-YTW : 4.17 % |
| MFC.PR.L | FixedReset Ins Non | 130,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 23.20 Evaluated at bid price : 24.40 Bid-YTW : 5.95 % |
| CU.PR.C | FixedReset Prem | 82,600 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-06-01 Maturity Price : 25.00 Evaluated at bid price : 25.15 Bid-YTW : 5.09 % |
| BMO.PR.E | FixedReset Prem | 72,745 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-11-25 Maturity Price : 25.00 Evaluated at bid price : 26.66 Bid-YTW : 3.95 % |
| BN.PF.B | FixedReset Disc | 50,822 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-04-01 Maturity Price : 25.00 Evaluated at bid price : 25.16 Bid-YTW : 5.95 % |
| MFC.PR.Q | FixedReset Ins Non | 41,300 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-06 Maturity Price : 23.49 Evaluated at bid price : 24.57 Bid-YTW : 6.30 % |
| There were 20 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 |
| IFC.PR.A | FixedReset Ins Non | Quote: 22.70 – 24.35 Spot Rate : 1.6500 Average : 1.0334 YTW SCENARIO |
| PWF.PR.K | Perpetual-Discount | Quote: 21.10 – 22.36 Spot Rate : 1.2600 Average : 0.7833 YTW SCENARIO |
| FTS.PR.F | Perpetual-Discount | Quote: 21.30 – 22.70 Spot Rate : 1.4000 Average : 0.9686 YTW SCENARIO |
| CU.PR.E | Perpetual-Discount | Quote: 20.81 – 21.83 Spot Rate : 1.0200 Average : 0.6043 YTW SCENARIO |
| POW.PR.A | Perpetual-Discount | Quote: 23.35 – 24.76 Spot Rate : 1.4100 Average : 1.0342 YTW SCENARIO |
| PWF.PR.S | Perpetual-Discount | Quote: 20.35 – 21.35 Spot Rate : 1.0000 Average : 0.6934 YTW SCENARIO |