Again, no commentary! Pretty lazy, huh?
| 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 | 1.4760 % | 919.9 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 1.4760 % | 1,487.6 |
| Floater | 5.30 % | 5.22 % | 69,563 | 15.15 | 2 | 1.4760 % | 1,149.2 |
| OpRet | 5.21 % | 4.80 % | 133,844 | 3.89 | 15 | -0.0767 % | 2,088.4 |
| SplitShare | 6.92 % | 11.96 % | 44,802 | 5.67 | 3 | 0.1247 % | 1,671.1 |
| Interest-Bearing | 6.19 % | 10.23 % | 30,128 | 0.71 | 1 | -0.1030 % | 1,927.6 |
| Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.2989 % | 1,566.1 |
| Perpetual-Discount | 6.96 % | 7.05 % | 150,179 | 12.47 | 71 | 0.2989 % | 1,442.4 |
| FixedReset | 6.05 % | 5.62 % | 692,415 | 13.60 | 34 | 0.3591 % | 1,856.7 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BAM.PR.J | OpRet | -1.98 % | YTW SCENARIO Maturity Type : Soft Maturity Maturity Date : 2018-03-30 Maturity Price : 25.00 Evaluated at bid price : 18.82 Bid-YTW : 9.66 % |
| MFC.PR.A | OpRet | -1.94 % | YTW SCENARIO Maturity Type : Soft Maturity Maturity Date : 2015-12-18 Maturity Price : 25.00 Evaluated at bid price : 24.26 Bid-YTW : 4.68 % |
| IAG.PR.C | FixedReset | -1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 22.09 Evaluated at bid price : 22.13 Bid-YTW : 6.17 % |
| BNA.PR.C | SplitShare | -1.57 % | 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 : 11.92 Bid-YTW : 14.80 % |
| BMO.PR.L | Perpetual-Discount | -1.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 20.95 Evaluated at bid price : 20.95 Bid-YTW : 7.05 % |
| RY.PR.A | Perpetual-Discount | -1.16 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 17.89 Evaluated at bid price : 17.89 Bid-YTW : 6.33 % |
| BAM.PR.H | OpRet | 1.02 % | YTW SCENARIO Maturity Type : Soft Maturity Maturity Date : 2012-03-30 Maturity Price : 25.00 Evaluated at bid price : 23.70 Bid-YTW : 7.83 % |
| MFC.PR.C | Perpetual-Discount | 1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 15.77 Evaluated at bid price : 15.77 Bid-YTW : 7.23 % |
| CM.PR.K | FixedReset | 1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 22.71 Evaluated at bid price : 22.75 Bid-YTW : 4.76 % |
| BNA.PR.A | SplitShare | 1.13 % | Asset coverage of 1.7-:1 as of February 28, according to the company. YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2010-09-30 Maturity Price : 25.00 Evaluated at bid price : 23.27 Bid-YTW : 11.96 % |
| NA.PR.P | FixedReset | 1.23 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2014-03-17 Maturity Price : 25.00 Evaluated at bid price : 25.70 Bid-YTW : 5.82 % |
| ELF.PR.G | Perpetual-Discount | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 13.76 Evaluated at bid price : 13.76 Bid-YTW : 8.70 % |
| BMO.PR.H | Perpetual-Discount | 1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 20.00 Evaluated at bid price : 20.00 Bid-YTW : 6.74 % |
| POW.PR.C | Perpetual-Discount | 1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 19.81 Evaluated at bid price : 19.81 Bid-YTW : 7.37 % |
| GWO.PR.I | Perpetual-Discount | 1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 15.50 Evaluated at bid price : 15.50 Bid-YTW : 7.33 % |
| POW.PR.D | Perpetual-Discount | 1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 17.24 Evaluated at bid price : 17.24 Bid-YTW : 7.30 % |
| PWF.PR.F | Perpetual-Discount | 1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 18.50 Evaluated at bid price : 18.50 Bid-YTW : 7.12 % |
| SLF.PR.B | Perpetual-Discount | 1.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 16.58 Evaluated at bid price : 16.58 Bid-YTW : 7.31 % |
| NA.PR.N | FixedReset | 1.93 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 23.64 Evaluated at bid price : 23.71 Bid-YTW : 4.34 % |
| IAG.PR.A | Perpetual-Discount | 1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 15.06 Evaluated at bid price : 15.06 Bid-YTW : 7.72 % |
| BAM.PR.B | Floater | 2.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 8.44 Evaluated at bid price : 8.44 Bid-YTW : 5.22 % |
| PWF.PR.E | Perpetual-Discount | 3.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 19.59 Evaluated at bid price : 19.59 Bid-YTW : 7.05 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| RY.PR.X | FixedReset | 213,950 | Recent new issue. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 23.20 Evaluated at bid price : 25.21 Bid-YTW : 6.08 % |
| TD.PR.K | FixedReset | 142,605 | Recent new issue. YTW SCENARIO Maturity Type : Call Maturity Date : 2014-08-30 Maturity Price : 25.00 Evaluated at bid price : 25.28 Bid-YTW : 6.06 % |
| MFC.PR.D | FixedReset | 125,984 | Scotia crossed 45,000 at 25.00; TD bought 10,000 from CIBC at the same price. YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 24.95 Evaluated at bid price : 25.00 Bid-YTW : 6.48 % |
| BNS.PR.T | FixedReset | 53,325 | Desjardins crossed 10,700 at 25.65. YTW SCENARIO Maturity Type : Call Maturity Date : 2014-05-25 Maturity Price : 25.00 Evaluated at bid price : 25.65 Bid-YTW : 5.61 % |
| CM.PR.A | OpRet | 52,100 | Desjardins crossed 47,500 at 25.75. YTW SCENARIO Maturity Type : Call Maturity Date : 2009-05-07 Maturity Price : 25.50 Evaluated at bid price : 25.51 Bid-YTW : 0.74 % |
| RY.PR.T | FixedReset | 46,029 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2039-04-07 Maturity Price : 23.29 Evaluated at bid price : 25.50 Bid-YTW : 5.77 % |
| There were 26 other index-included issues trading in excess of 10,000 shares. | |||