Another day of good solid performance, but volume was off a bit.
| HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
|||||||
| 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 | 3.2381 % | 906.5 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 3.2381 % | 1,466.0 |
| Floater | 5.38 % | 5.34 % | 69,907 | 14.96 | 2 | 3.2381 % | 1,132.5 |
| OpRet | 5.20 % | 4.80 % | 135,112 | 3.85 | 15 | -0.1601 % | 2,090.0 |
| SplitShare | 6.93 % | 12.78 % | 45,046 | 5.67 | 3 | 1.9433 % | 1,669.0 |
| Interest-Bearing | 6.18 % | 10.04 % | 29,559 | 0.71 | 1 | -0.4103 % | 1,929.6 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2323 % | 1,561.5 |
| Perpetual-Discount | 6.97 % | 7.11 % | 151,258 | 12.41 | 71 | 0.2323 % | 1,438.1 |
| FixedReset | 6.06 % | 5.71 % | 702,581 | 13.69 | 34 | 0.2138 % | 1,850.0 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| MFC.PR.C | Perpetual-Discount | -2.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 15.61 Evaluated at bid price : 15.61 Bid-YTW : 7.30 % |
| CIU.PR.A | Perpetual-Discount | -1.31 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 17.27 Evaluated at bid price : 17.27 Bid-YTW : 6.77 % |
| ELF.PR.G | Perpetual-Discount | -1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 13.59 Evaluated at bid price : 13.59 Bid-YTW : 8.81 % |
| BNS.PR.K | Perpetual-Discount | -1.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 17.71 Evaluated at bid price : 17.71 Bid-YTW : 6.80 % |
| BNS.PR.N | Perpetual-Discount | -1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 19.44 Evaluated at bid price : 19.44 Bid-YTW : 6.78 % |
| IAG.PR.A | Perpetual-Discount | -1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 14.77 Evaluated at bid price : 14.77 Bid-YTW : 7.87 % |
| W.PR.H | Perpetual-Discount | 1.05 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 19.30 Evaluated at bid price : 19.30 Bid-YTW : 7.17 % |
| POW.PR.C | Perpetual-Discount | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 19.55 Evaluated at bid price : 19.55 Bid-YTW : 7.47 % |
| PWF.PR.H | Perpetual-Discount | 1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 19.97 Evaluated at bid price : 19.97 Bid-YTW : 7.37 % |
| TD.PR.P | Perpetual-Discount | 1.13 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 6.58 % |
| TD.PR.Q | Perpetual-Discount | 1.22 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 21.16 Evaluated at bid price : 21.16 Bid-YTW : 6.64 % |
| POW.PR.D | Perpetual-Discount | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 17.00 Evaluated at bid price : 17.00 Bid-YTW : 7.41 % |
| TD.PR.E | FixedReset | 1.26 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2014-05-30 Maturity Price : 25.00 Evaluated at bid price : 25.54 Bid-YTW : 5.71 % |
| SLF.PR.D | Perpetual-Discount | 1.32 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 15.31 Evaluated at bid price : 15.31 Bid-YTW : 7.34 % |
| PWF.PR.I | Perpetual-Discount | 1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 21.10 Evaluated at bid price : 21.10 Bid-YTW : 7.28 % |
| RY.PR.H | Perpetual-Discount | 1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 22.41 Evaluated at bid price : 22.53 Bid-YTW : 6.37 % |
| PWF.PR.F | Perpetual-Discount | 1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 18.55 Evaluated at bid price : 18.55 Bid-YTW : 7.25 % |
| PWF.PR.L | Perpetual-Discount | 1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 17.72 Evaluated at bid price : 17.72 Bid-YTW : 7.37 % |
| BMO.PR.M | FixedReset | 1.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 22.43 Evaluated at bid price : 22.50 Bid-YTW : 4.20 % |
| GWO.PR.G | Perpetual-Discount | 1.63 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 18.06 Evaluated at bid price : 18.06 Bid-YTW : 7.27 % |
| PWF.PR.G | Perpetual-Discount | 1.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 20.85 Evaluated at bid price : 20.85 Bid-YTW : 7.24 % |
| GWO.PR.H | Perpetual-Discount | 1.72 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 16.60 Evaluated at bid price : 16.60 Bid-YTW : 7.38 % |
| SLF.PR.A | Perpetual-Discount | 1.80 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 16.40 Evaluated at bid price : 16.40 Bid-YTW : 7.32 % |
| IAG.PR.C | FixedReset | 1.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 22.46 Evaluated at bid price : 22.50 Bid-YTW : 6.06 % |
| BAM.PR.B | Floater | 1.98 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 8.25 Evaluated at bid price : 8.25 Bid-YTW : 5.34 % |
| BNA.PR.C | SplitShare | 3.06 % | Asset coverage of 1.7-:1 as of February 28, according to the company. YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2019-01-10 Maturity Price : 25.00 Evaluated at bid price : 12.11 Bid-YTW : 14.55 % |
| PWF.PR.K | Perpetual-Discount | 3.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 18.00 Evaluated at bid price : 18.00 Bid-YTW : 7.04 % |
| BNA.PR.B | SplitShare | 3.19 % | Asset coverage of 1.7-:1 as of February 28, according to the company. YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2016-03-25 Maturity Price : 25.00 Evaluated at bid price : 21.01 Bid-YTW : 8.12 % |
| BAM.PR.K | Floater | 4.57 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 8.01 Evaluated at bid price : 8.01 Bid-YTW : 5.50 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| TD.PR.K | FixedReset | 219,566 | Recent new issue. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 25.13 Evaluated at bid price : 25.18 Bid-YTW : 6.12 % |
| RY.PR.X | FixedReset | 130,685 | Recent new issue. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 23.18 Evaluated at bid price : 25.15 Bid-YTW : 6.10 % |
| MFC.PR.D | FixedReset | 51,811 | TD bought 11,700 from Nesbitt at 25.00. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 24.87 Evaluated at bid price : 24.92 Bid-YTW : 6.50 % |
| BMO.PR.K | Perpetual-Discount | 47,225 | RBC crossed 24,700 at 18.99. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 18.80 Evaluated at bid price : 18.80 Bid-YTW : 7.11 % |
| CM.PR.M | FixedReset | 41,560 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-06 Maturity Price : 25.30 Evaluated at bid price : 25.35 Bid-YTW : 6.19 % |
| BMO.PR.O | FixedReset | 41,480 | Recent new issue. YTW SCENARIO Maturity Type : Call Maturity Date : 2014-06-24 Maturity Price : 25.00 Evaluated at bid price : 25.50 Bid-YTW : 6.16 % |
| There were 20 other index-included issues trading in excess of 10,000 shares. | |||