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 | 0.4045 % | 2,158.6 |
FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4045 % | 4,140.2 |
Floater | 11.28 % | 11.35 % | 41,883 | 8.62 | 2 | 0.4045 % | 2,386.0 |
OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0318 % | 3,370.8 |
SplitShare | 4.98 % | 7.66 % | 53,797 | 1.77 | 8 | 0.0318 % | 4,025.5 |
Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0318 % | 3,140.8 |
Perpetual-Premium | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0161 % | 2,529.4 |
Perpetual-Discount | 6.80 % | 6.98 % | 58,710 | 12.50 | 33 | -0.0161 % | 2,758.1 |
FixedReset Disc | 5.88 % | 7.71 % | 126,382 | 11.85 | 60 | -0.1540 % | 2,211.7 |
Insurance Straight | 6.72 % | 6.83 % | 77,764 | 12.83 | 19 | -0.5416 % | 2,692.0 |
FloatingReset | 10.69 % | 10.79 % | 35,029 | 9.00 | 3 | -0.0760 % | 2,477.0 |
FixedReset Prem | 7.01 % | 6.78 % | 165,996 | 12.53 | 1 | 0.0000 % | 2,497.4 |
FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.1540 % | 2,260.8 |
FixedReset Ins Non | 5.72 % | 7.19 % | 84,095 | 12.46 | 14 | 0.2765 % | 2,485.4 |
Performance Highlights | |||
Issue | Index | Change | Notes |
SLF.PR.C | Insurance Straight | -11.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 15.94 Evaluated at bid price : 15.94 Bid-YTW : 7.02 % |
PWF.PR.T | FixedReset Disc | -3.70 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 19.26 Evaluated at bid price : 19.26 Bid-YTW : 7.43 % |
BN.PF.F | FixedReset Disc | -3.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 16.15 Evaluated at bid price : 16.15 Bid-YTW : 9.37 % |
SLF.PR.E | Insurance Straight | -2.23 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 17.50 Evaluated at bid price : 17.50 Bid-YTW : 6.46 % |
SLF.PR.D | Insurance Straight | -2.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 17.70 Evaluated at bid price : 17.70 Bid-YTW : 6.31 % |
PWF.PR.P | FixedReset Disc | -2.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 12.99 Evaluated at bid price : 12.99 Bid-YTW : 8.59 % |
IFC.PR.K | Perpetual-Discount | -2.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 19.41 Evaluated at bid price : 19.41 Bid-YTW : 6.80 % |
BN.PF.G | FixedReset Disc | -1.81 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 15.71 Evaluated at bid price : 15.71 Bid-YTW : 9.24 % |
RY.PR.N | Perpetual-Discount | -1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 21.20 Evaluated at bid price : 21.20 Bid-YTW : 5.84 % |
MFC.PR.N | FixedReset Ins Non | -1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 17.70 Evaluated at bid price : 17.70 Bid-YTW : 7.68 % |
MFC.PR.B | Insurance Straight | -1.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 18.22 Evaluated at bid price : 18.22 Bid-YTW : 6.43 % |
BIP.PR.F | FixedReset Disc | -1.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 19.05 Evaluated at bid price : 19.05 Bid-YTW : 8.15 % |
PWF.PR.S | Perpetual-Discount | -1.42 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 17.35 Evaluated at bid price : 17.35 Bid-YTW : 7.04 % |
IFC.PR.F | Insurance Straight | -1.41 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 19.60 Evaluated at bid price : 19.60 Bid-YTW : 6.79 % |
RY.PR.H | FixedReset Disc | -1.36 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 18.08 Evaluated at bid price : 18.08 Bid-YTW : 7.62 % |
GWO.PR.I | Insurance Straight | -1.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 16.75 Evaluated at bid price : 16.75 Bid-YTW : 6.75 % |
FFH.PR.K | FixedReset Disc | -1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 18.50 Evaluated at bid price : 18.50 Bid-YTW : 8.63 % |
RY.PR.M | FixedReset Disc | -1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 17.90 Evaluated at bid price : 17.90 Bid-YTW : 7.75 % |
PWF.PR.K | Perpetual-Discount | -1.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 17.80 Evaluated at bid price : 17.80 Bid-YTW : 7.08 % |
BN.PF.D | Perpetual-Discount | -1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 17.07 Evaluated at bid price : 17.07 Bid-YTW : 7.22 % |
FFH.PR.D | FloatingReset | -1.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 19.80 Evaluated at bid price : 19.80 Bid-YTW : 10.53 % |
PWF.PR.R | Perpetual-Discount | 1.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 19.99 Evaluated at bid price : 19.99 Bid-YTW : 7.00 % |
PVS.PR.K | SplitShare | 1.15 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2029-05-31 Maturity Price : 25.00 Evaluated at bid price : 22.00 Bid-YTW : 7.21 % |
BIP.PR.B | FixedReset Disc | 1.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 21.00 Evaluated at bid price : 21.00 Bid-YTW : 8.90 % |
IFC.PR.A | FixedReset Ins Non | 1.47 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 17.25 Evaluated at bid price : 17.25 Bid-YTW : 7.19 % |
FTS.PR.G | FixedReset Disc | 1.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 19.51 Evaluated at bid price : 19.51 Bid-YTW : 7.28 % |
GWO.PR.Y | Insurance Straight | 1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 17.00 Evaluated at bid price : 17.00 Bid-YTW : 6.65 % |
FTS.PR.F | Perpetual-Discount | 1.85 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 18.76 Evaluated at bid price : 18.76 Bid-YTW : 6.60 % |
MFC.PR.C | Insurance Straight | 1.91 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 17.58 Evaluated at bid price : 17.58 Bid-YTW : 6.45 % |
CCS.PR.C | Insurance Straight | 2.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 18.36 Evaluated at bid price : 18.36 Bid-YTW : 6.84 % |
POW.PR.C | Perpetual-Discount | 4.26 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 21.81 Evaluated at bid price : 22.05 Bid-YTW : 6.70 % |
BN.PF.E | FixedReset Disc | 5.06 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 14.75 Evaluated at bid price : 14.75 Bid-YTW : 9.54 % |
Volume Highlights | |||
Issue | Index | Shares Traded |
Notes |
RY.PR.M | FixedReset Disc | 66,530 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 17.90 Evaluated at bid price : 17.90 Bid-YTW : 7.75 % |
TD.PF.I | FixedReset Disc | 60,864 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 22.93 Evaluated at bid price : 24.15 Bid-YTW : 6.55 % |
TD.PF.D | FixedReset Disc | 59,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 19.00 Evaluated at bid price : 19.00 Bid-YTW : 7.65 % |
TD.PF.B | FixedReset Disc | 55,907 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 19.17 Evaluated at bid price : 19.17 Bid-YTW : 7.24 % |
GWO.PR.N | FixedReset Ins Non | 50,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 13.15 Evaluated at bid price : 13.15 Bid-YTW : 7.94 % |
BN.PF.G | FixedReset Disc | 50,400 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2053-12-15 Maturity Price : 15.71 Evaluated at bid price : 15.71 Bid-YTW : 9.24 % |
There were 25 other index-included issues trading in excess of 10,000 shares. |
Wide Spread Highlights | ||
Issue | Index | Quote Data and Yield Notes |
IFC.PR.K | Perpetual-Discount | Quote: 19.41 – 25.15 Spot Rate : 5.7400 Average : 4.4950 YTW SCENARIO |
SLF.PR.C | Insurance Straight | Quote: 15.94 – 17.97 Spot Rate : 2.0300 Average : 1.1902 YTW SCENARIO |
MFC.PR.J | FixedReset Ins Non | Quote: 22.32 – 24.11 Spot Rate : 1.7900 Average : 1.2118 YTW SCENARIO |
BMO.PR.W | FixedReset Disc | Quote: 17.10 – 18.50 Spot Rate : 1.4000 Average : 0.8390 YTW SCENARIO |
BIK.PR.A | FixedReset Disc | Quote: 22.10 – 23.50 Spot Rate : 1.4000 Average : 1.0014 YTW SCENARIO |
SLF.PR.G | FixedReset Ins Non | Quote: 13.57 – 14.72 Spot Rate : 1.1500 Average : 0.7657 YTW SCENARIO |
LB.PR.H Downgraded to Pfd-3(low), Trend Negative, by DBRS
December 15th, 2023DBRS has announced that it:
The affected issue is LB.PR.H. It remains rated at P-3(low) by S&P.
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