| 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 | -0.0680 % | 2,766.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0680 % | 5,210.6 |
| Floater | 5.30 % | 5.36 % | 25,369 | 14.89 | 2 | -0.0680 % | 3,002.9 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0240 % | 3,610.4 |
| SplitShare | 4.80 % | 5.36 % | 59,338 | 2.42 | 5 | 0.0240 % | 4,311.6 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0240 % | 3,364.1 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.2434 % | 3,037.2 |
| Perpetual-Discount | 5.76 % | 5.82 % | 49,912 | 14.12 | 32 | -0.2434 % | 3,268.1 |
| FixedReset Disc | 5.71 % | 6.19 % | 79,925 | 13.33 | 25 | -0.0737 % | 3,360.9 |
| Insurance Straight | 5.67 % | 5.76 % | 67,260 | 14.23 | 19 | 0.2832 % | 3,171.3 |
| FloatingReset | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0737 % | 4,103.7 |
| FixedReset Prem | 6.05 % | 4.97 % | 76,448 | 1.92 | 24 | -0.0522 % | 2,610.5 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0737 % | 3,435.5 |
| FixedReset Ins Non | 5.62 % | 5.73 % | 48,305 | 13.95 | 13 | 0.6378 % | 3,240.6 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| CU.PR.G | Perpetual-Discount | -9.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-27 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 6.03 % |
| CU.PR.E | Perpetual-Discount | -6.78 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-27 Maturity Price : 21.04 Evaluated at bid price : 21.04 Bid-YTW : 5.93 % |
| PWF.PR.K | Perpetual-Discount | -2.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-27 Maturity Price : 21.05 Evaluated at bid price : 21.05 Bid-YTW : 5.92 % |
| GWO.PR.Q | Insurance Straight | -1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-27 Maturity Price : 21.78 Evaluated at bid price : 22.03 Bid-YTW : 5.90 % |
| POW.PR.C | Perpetual-Discount | -1.37 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2026-11-26 Maturity Price : 25.00 Evaluated at bid price : 25.15 Bid-YTW : 0.81 % |
| BMO.PR.E | FixedReset Prem | -1.35 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-11-25 Maturity Price : 25.00 Evaluated at bid price : 26.26 Bid-YTW : 4.87 % |
| FTS.PR.F | Perpetual-Discount | 1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-27 Maturity Price : 22.22 Evaluated at bid price : 22.50 Bid-YTW : 5.52 % |
| PWF.PR.H | Perpetual-Discount | 1.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-27 Maturity Price : 24.29 Evaluated at bid price : 24.59 Bid-YTW : 5.87 % |
| GWO.PR.L | Insurance Straight | 2.82 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-27 Maturity Price : 24.19 Evaluated at bid price : 24.45 Bid-YTW : 5.84 % |
| MFC.PR.N | FixedReset Ins Non | 4.69 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-27 Maturity Price : 23.07 Evaluated at bid price : 24.34 Bid-YTW : 5.90 % |
| IFC.PR.A | FixedReset Ins Non | 4.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-27 Maturity Price : 23.27 Evaluated at bid price : 23.77 Bid-YTW : 5.57 % |
| GWO.PR.S | Insurance Straight | 5.76 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-27 Maturity Price : 22.49 Evaluated at bid price : 22.75 Bid-YTW : 5.83 % |
| POW.PR.H | Perpetual-Discount | 7.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-27 Maturity Price : 24.60 Evaluated at bid price : 25.01 Bid-YTW : 5.78 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| BN.PF.N | FixedReset Disc | 47,950 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-27 Maturity Price : 23.12 Evaluated at bid price : 24.91 Bid-YTW : 5.68 % |
| PVS.PR.N | SplitShare | 37,800 | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2033-09-29 Maturity Price : 25.00 Evaluated at bid price : 24.86 Bid-YTW : 5.45 % |
| FFH.PR.K | FixedReset Prem | 27,626 | YTW SCENARIO Maturity Type : Call Maturity Date : 2027-03-31 Maturity Price : 25.00 Evaluated at bid price : 25.20 Bid-YTW : 4.06 % |
| BILP.PR.A | FixedReset Prem | 18,800 | YTW SCENARIO Maturity Type : Call Maturity Date : 2031-10-01 Maturity Price : 25.00 Evaluated at bid price : 25.10 Bid-YTW : 5.79 % |
| SLF.PR.G | FixedReset Ins Non | 18,236 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2056-10-27 Maturity Price : 21.24 Evaluated at bid price : 21.24 Bid-YTW : 5.73 % |
| BN.PF.A | FixedReset Prem | 17,374 | YTW SCENARIO Maturity Type : Call Maturity Date : 2028-09-30 Maturity Price : 25.00 Evaluated at bid price : 25.43 Bid-YTW : 6.11 % |
| There were 8 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 – 21.20 Spot Rate : 2.2000 Average : 1.3106 YTW SCENARIO |
| CU.PR.J | Perpetual-Discount | Quote: 21.80 – 26.00 Spot Rate : 4.2000 Average : 3.4208 YTW SCENARIO |
| CU.PR.E | Perpetual-Discount | Quote: 21.04 – 22.84 Spot Rate : 1.8000 Average : 1.2075 YTW SCENARIO |
| SLF.PR.D | Insurance Straight | Quote: 20.19 – 21.07 Spot Rate : 0.8800 Average : 0.6396 YTW SCENARIO |
| MFC.PR.M | FixedReset Ins Non | Quote: 24.27 – 25.27 Spot Rate : 1.0000 Average : 0.8567 YTW SCENARIO |
| PWF.PR.K | Perpetual-Discount | Quote: 21.05 – 21.56 Spot Rate : 0.5100 Average : 0.3667 YTW SCENARIO |