| 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 | -0.1696 % | 2,772.6 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1696 % | 5,221.2 |
| Floater | 5.29 % | 5.33 % | 28,804 | 14.97 | 2 | -0.1696 % | 3,009.0 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0200 % | 3,611.9 |
| SplitShare | 4.68 % | 4.71 % | 49,770 | 1.34 | 4 | 0.0200 % | 4,313.3 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0200 % | 3,365.4 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 1.0382 % | 3,011.4 |
| Perpetual-Discount | 5.81 % | 5.88 % | 48,416 | 13.99 | 32 | 1.0382 % | 3,240.3 |
| FixedReset Disc | 5.72 % | 6.26 % | 87,353 | 13.25 | 24 | 0.2373 % | 3,353.5 |
| Insurance Straight | 5.75 % | 5.82 % | 65,913 | 14.15 | 19 | 0.5168 % | 3,129.4 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2373 % | 4,094.7 |
| FixedReset Prem | 5.98 % | 4.65 % | 81,307 | 1.97 | 24 | 0.3013 % | 2,637.6 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2373 % | 3,428.0 |
| FixedReset Ins Non | 5.62 % | 5.76 % | 52,416 | 13.71 | 13 | 0.0192 % | 3,240.7 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| IFC.PR.A | FixedReset Ins Non | -3.73 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 22.06 Evaluated at bid price : 22.70 Bid-YTW : 5.88 % |
| MFC.PR.F | FixedReset Ins Non | -2.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 21.15 Evaluated at bid price : 21.15 Bid-YTW : 5.90 % |
| BN.PR.T | FixedReset Disc | -1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 22.28 Evaluated at bid price : 23.05 Bid-YTW : 6.40 % |
| POW.PR.H | Perpetual-Discount | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 24.35 Evaluated at bid price : 24.75 Bid-YTW : 5.82 % |
| CU.PR.J | Perpetual-Discount | 1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 5.88 % |
| GWO.PR.S | Insurance Straight | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 22.10 Evaluated at bid price : 22.38 Bid-YTW : 5.90 % |
| GWO.PR.Q | Insurance Straight | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 21.78 Evaluated at bid price : 22.03 Bid-YTW : 5.88 % |
| PWF.PR.F | Perpetual-Discount | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 22.53 Evaluated at bid price : 22.78 Bid-YTW : 5.87 % |
| POW.PR.B | Perpetual-Discount | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 22.89 Evaluated at bid price : 23.16 Bid-YTW : 5.79 % |
| CU.PR.K | Perpetual-Discount | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 23.66 Evaluated at bid price : 24.01 Bid-YTW : 5.90 % |
| MFC.PR.B | Insurance Straight | 1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 20.88 Evaluated at bid price : 20.88 Bid-YTW : 5.63 % |
| FTS.PR.F | Perpetual-Discount | 1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 21.50 Evaluated at bid price : 21.50 Bid-YTW : 5.78 % |
| SLF.PR.D | Insurance Straight | 1.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 20.16 Evaluated at bid price : 20.16 Bid-YTW : 5.56 % |
| POW.PR.C | Perpetual-Discount | 1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 24.64 Evaluated at bid price : 24.90 Bid-YTW : 5.84 % |
| FTS.PR.J | Perpetual-Discount | 1.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 20.97 Evaluated at bid price : 20.97 Bid-YTW : 5.74 % |
| CU.PR.G | Perpetual-Discount | 1.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 19.75 Evaluated at bid price : 19.75 Bid-YTW : 5.78 % |
| POW.PR.I | Perpetual-Discount | 2.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 24.21 Evaluated at bid price : 24.60 Bid-YTW : 5.75 % |
| ENB.PR.B | FixedReset Disc | 2.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 22.87 Evaluated at bid price : 23.55 Bid-YTW : 6.44 % |
| POW.PR.A | Perpetual-Discount | 2.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 23.69 Evaluated at bid price : 23.96 Bid-YTW : 5.86 % |
| MFC.PR.Q | FixedReset Ins Non | 2.73 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-06-19 Maturity Price : 25.00 Evaluated at bid price : 25.60 Bid-YTW : 4.68 % |
| CU.PR.E | Perpetual-Discount | 2.87 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 21.47 Evaluated at bid price : 21.47 Bid-YTW : 5.79 % |
| ENB.PF.G | FixedReset Disc | 2.89 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 22.78 Evaluated at bid price : 23.82 Bid-YTW : 6.50 % |
| NA.PR.E | FixedReset Prem | 3.70 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-05-15 Maturity Price : 25.00 Evaluated at bid price : 25.50 Bid-YTW : 4.16 % |
| POW.PR.G | Perpetual-Discount | 4.78 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 23.87 Evaluated at bid price : 24.12 Bid-YTW : 5.82 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| FTS.PR.H | FixedReset Disc | 122,610 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 20.45 Evaluated at bid price : 20.45 Bid-YTW : 6.05 % |
| BILP.PR.A | FixedReset Prem | 62,000 | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-10-01 Maturity Price : 25.00 Evaluated at bid price : 25.10 Bid-YTW : 5.72 % |
| PWF.PF.A | Perpetual-Discount | 51,079 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-08 Maturity Price : 19.49 Evaluated at bid price : 19.49 Bid-YTW : 5.89 % |
| FTS.PR.M | FixedReset Disc | 36,929 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-12-01 Maturity Price : 25.00 Evaluated at bid price : 25.36 Bid-YTW : 5.22 % |
| MFC.PR.I | FixedReset Ins Non | 32,200 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-09-19 Maturity Price : 25.00 Evaluated at bid price : 25.46 Bid-YTW : 4.35 % |
| MFC.PR.M | FixedReset Ins Non | 30,477 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-12-20 Maturity Price : 25.00 Evaluated at bid price : 25.51 Bid-YTW : 4.97 % |
| There were 7 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 |
| PWF.PR.P | FixedReset Disc | Quote: 21.31 – 23.20 Spot Rate : 1.8900 Average : 1.1293 YTW SCENARIO |
| CCS.PR.C | Insurance Straight | Quote: 21.59 – 23.06 Spot Rate : 1.4700 Average : 0.9190 YTW SCENARIO |
| IFC.PR.A | FixedReset Ins Non | Quote: 22.70 – 24.32 Spot Rate : 1.6200 Average : 1.2096 YTW SCENARIO |
| MFC.PR.B | Insurance Straight | Quote: 20.88 – 22.79 Spot Rate : 1.9100 Average : 1.5781 YTW SCENARIO |
| CU.PR.D | Perpetual-Discount | Quote: 20.87 – 21.84 Spot Rate : 0.9700 Average : 0.6938 YTW SCENARIO |
| BN.PF.G | FixedReset Disc | Quote: 24.57 – 25.64 Spot Rate : 1.0700 Average : 0.9002 YTW SCENARIO |