| 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 | 0.0679 % | 2,777.3 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0679 % | 5,230.1 |
| Floater | 5.28 % | 5.33 % | 28,540 | 14.97 | 2 | 0.0679 % | 3,014.1 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1358 % | 3,612.7 |
| SplitShare | 4.80 % | 5.31 % | 53,779 | 2.46 | 5 | -0.1358 % | 4,314.4 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1358 % | 3,366.2 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0014 % | 3,029.0 |
| Perpetual-Discount | 5.78 % | 5.81 % | 49,969 | 14.14 | 32 | -0.0014 % | 3,259.3 |
| FixedReset Disc | 5.71 % | 6.13 % | 88,040 | 13.34 | 24 | 0.0368 % | 3,360.0 |
| Insurance Straight | 5.70 % | 5.78 % | 65,382 | 14.25 | 19 | 0.2022 % | 3,159.5 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0368 % | 4,102.7 |
| FixedReset Prem | 5.99 % | 4.37 % | 80,416 | 1.96 | 24 | -0.0598 % | 2,632.9 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0368 % | 3,434.7 |
| FixedReset Ins Non | 5.57 % | 5.58 % | 51,938 | 4.31 | 13 | 0.2098 % | 3,269.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CU.PR.G | Perpetual-Discount | -5.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-13 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 6.01 % |
| POW.PR.G | Perpetual-Discount | -4.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-13 Maturity Price : 22.73 Evaluated at bid price : 23.02 Bid-YTW : 6.11 % |
| POW.PR.A | Perpetual-Discount | -2.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-13 Maturity Price : 23.69 Evaluated at bid price : 24.00 Bid-YTW : 5.86 % |
| ENB.PR.A | Perpetual-Discount | -1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-13 Maturity Price : 23.68 Evaluated at bid price : 23.95 Bid-YTW : 5.82 % |
| BN.PF.G | FixedReset Disc | 1.02 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2030-07-01 Maturity Price : 25.00 Evaluated at bid price : 24.83 Bid-YTW : 5.97 % |
| POW.PR.I | Perpetual-Discount | 1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-13 Maturity Price : 24.48 Evaluated at bid price : 24.88 Bid-YTW : 5.69 % |
| IFC.PR.F | Insurance Straight | 1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-13 Maturity Price : 23.20 Evaluated at bid price : 23.50 Bid-YTW : 5.68 % |
| BN.PR.T | FixedReset Disc | 1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-13 Maturity Price : 22.45 Evaluated at bid price : 23.36 Bid-YTW : 6.21 % |
| BN.PR.Z | FixedReset Disc | 1.40 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-12-31 Maturity Price : 25.00 Evaluated at bid price : 25.40 Bid-YTW : 4.93 % |
| BN.PR.M | Perpetual-Discount | 1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-13 Maturity Price : 19.99 Evaluated at bid price : 19.99 Bid-YTW : 6.00 % |
| GWO.PR.L | Insurance Straight | 1.43 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-13 Maturity Price : 23.93 Evaluated at bid price : 24.19 Bid-YTW : 5.88 % |
| IFC.PR.M | Perpetual-Discount | 1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-13 Maturity Price : 24.40 Evaluated at bid price : 24.80 Bid-YTW : 5.58 % |
| GWO.PR.P | Insurance Straight | 1.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-13 Maturity Price : 23.38 Evaluated at bid price : 23.67 Bid-YTW : 5.74 % |
| PWF.PR.L | Perpetual-Discount | 1.95 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-13 Maturity Price : 21.68 Evaluated at bid price : 21.93 Bid-YTW : 5.82 % |
| MFC.PR.K | FixedReset Ins Non | 2.66 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-19 Maturity Price : 25.00 Evaluated at bid price : 25.85 Bid-YTW : 4.75 % |
| CU.PR.J | Perpetual-Discount | 7.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-13 Maturity Price : 21.12 Evaluated at bid price : 21.12 Bid-YTW : 5.71 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| ENB.PR.T | FixedReset Disc | 35,600 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-13 Maturity Price : 23.29 Evaluated at bid price : 24.60 Bid-YTW : 6.24 % |
| MFC.PR.M | FixedReset Ins Non | 25,100 | YTW SCENARIO Maturity Type : Call Maturity Date : 2029-12-20 Maturity Price : 25.00 Evaluated at bid price : 25.52 Bid-YTW : 4.98 % |
| PVS.PR.H | SplitShare | 21,000 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2027-02-28 Maturity Price : 25.00 Evaluated at bid price : 25.04 Bid-YTW : 5.56 % |
| BILP.PR.A | FixedReset Prem | 15,200 | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-10-01 Maturity Price : 25.00 Evaluated at bid price : 25.10 Bid-YTW : 5.74 % |
| ENB.PR.B | FixedReset Disc | 12,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-13 Maturity Price : 22.91 Evaluated at bid price : 23.60 Bid-YTW : 6.33 % |
| 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 |
| CU.PR.G | Perpetual-Discount | Quote: 19.00 – 21.30 Spot Rate : 2.3000 Average : 1.4723 YTW SCENARIO |
| POW.PR.G | Perpetual-Discount | Quote: 23.02 – 24.52 Spot Rate : 1.5000 Average : 1.0850 YTW SCENARIO |
| BN.PF.J | FixedReset Prem | Quote: 25.40 – 26.19 Spot Rate : 0.7900 Average : 0.4650 YTW SCENARIO |
| PWF.PR.S | Perpetual-Discount | Quote: 20.35 – 21.35 Spot Rate : 1.0000 Average : 0.7538 YTW SCENARIO |
| IFC.PR.E | Insurance Straight | Quote: 22.80 – 23.56 Spot Rate : 0.7600 Average : 0.6070 YTW SCENARIO |
| FTS.PR.M | FixedReset Disc | Quote: 25.40 – 25.80 Spot Rate : 0.4000 Average : 0.2742 YTW SCENARIO |