| 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 | -3.0500 % | 2,461.0 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -3.0500 % | 4,515.9 |
| Floater | 4.75 % | 5.07 % | 36,238 | 15.39 | 4 | -3.0500 % | 2,602.5 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0473 % | 3,199.0 |
| SplitShare | 4.65 % | 4.97 % | 97,306 | 4.51 | 6 | -0.0473 % | 3,820.3 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | -0.0473 % | 2,980.7 |
| Perpetual-Premium | 5.57 % | -9.29 % | 169,040 | 0.08 | 2 | 0.1986 % | 2,889.7 |
| Perpetual-Discount | 5.61 % | 5.67 % | 76,924 | 14.29 | 33 | 0.2517 % | 2,973.5 |
| FixedReset Disc | 4.94 % | 5.36 % | 203,382 | 14.97 | 66 | -0.6388 % | 2,284.4 |
| Deemed-Retractible | 5.35 % | 6.28 % | 85,187 | 8.20 | 27 | 0.1507 % | 2,956.9 |
| FloatingReset | 4.05 % | 4.19 % | 40,438 | 2.91 | 7 | -0.7085 % | 2,486.0 |
| FixedReset Prem | 5.17 % | 4.35 % | 260,793 | 2.20 | 14 | -0.1868 % | 2,526.7 |
| FixedReset Bank Non | 2.98 % | 3.45 % | 121,696 | 0.11 | 6 | -0.3776 % | 2,572.8 |
| FixedReset Ins Non | 4.86 % | 6.43 % | 140,568 | 8.40 | 22 | -1.8096 % | 2,261.3 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| MFC.PR.K | FixedReset Ins Non | -15.71 % | A nonsensical quote provided at high cost by Nonsense Central, as the issue traded 4,970 shares today in a range of 20.30-60 before being quoted at 17.17-20.50. The closing price was 20.30.
I have not checked whether the lamentable state of the quote is due to inadequate Toronto Stock Exchange reporting or inadequate Toronto Stock Exchange supervision of market-makers. YTW SCENARIO |
| GWO.PR.N | FixedReset Ins Non | -10.61 % | A nonsensical quote provided at high cost by Nonsense Central, as the issue traded 3,627 shares today in a range of 15.17-54 before being quoted at 13.90-1542. The closing price was 15.26.
I have not checked whether the lamentable state of the quote is due to inadequate Toronto Stock Exchange reporting or inadequate Toronto Stock Exchange supervision of market-makers. YTW SCENARIO |
| BAM.PR.B | Floater | -5.38 % | A suspicious quote provided at high cost by Nonsense Central, as the issue traded 3,596 shares today in a range of 13.52-00 before being quoted at 13.20-00. The closing price was 13.73.
I have not checked whether the lamentable state of the quote is due to inadequate Toronto Stock Exchange reporting or inadequate Toronto Stock Exchange supervision of market-makers. YTW SCENARIO |
| BAM.PR.T | FixedReset Disc | -4.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 17.56 Evaluated at bid price : 17.56 Bid-YTW : 5.83 % |
| MFC.PR.I | FixedReset Ins Non | -4.51 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.16 Bid-YTW : 6.65 % |
| TRP.PR.F | FloatingReset | -3.61 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 16.30 Evaluated at bid price : 16.30 Bid-YTW : 5.48 % |
| TRP.PR.E | FixedReset Disc | -3.12 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 18.30 Evaluated at bid price : 18.30 Bid-YTW : 5.81 % |
| HSE.PR.G | FixedReset Disc | -3.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 20.25 Evaluated at bid price : 20.25 Bid-YTW : 6.65 % |
| TD.PF.J | FixedReset Disc | -2.88 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 21.85 Evaluated at bid price : 22.25 Bid-YTW : 5.17 % |
| BMO.PR.Y | FixedReset Disc | -2.71 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 21.21 Evaluated at bid price : 21.21 Bid-YTW : 5.40 % |
| TRP.PR.G | FixedReset Disc | -2.68 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 20.30 Evaluated at bid price : 20.30 Bid-YTW : 5.90 % |
| PWF.PR.A | Floater | -2.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 17.50 Evaluated at bid price : 17.50 Bid-YTW : 4.00 % |
| TRP.PR.D | FixedReset Disc | -2.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 18.25 Evaluated at bid price : 18.25 Bid-YTW : 5.86 % |
| RY.PR.J | FixedReset Disc | -2.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 21.47 Evaluated at bid price : 21.47 Bid-YTW : 5.37 % |
| RY.PR.M | FixedReset Disc | -2.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 21.04 Evaluated at bid price : 21.04 Bid-YTW : 5.31 % |
| BAM.PR.K | Floater | -2.35 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 13.72 Evaluated at bid price : 13.72 Bid-YTW : 5.08 % |
| BMO.PR.W | FixedReset Disc | -2.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 19.74 Evaluated at bid price : 19.74 Bid-YTW : 5.25 % |
| BAM.PR.R | FixedReset Disc | -2.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 17.85 Evaluated at bid price : 17.85 Bid-YTW : 5.67 % |
| MFC.PR.H | FixedReset Ins Non | -2.21 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 22.59 Bid-YTW : 6.06 % |
| PWF.PR.P | FixedReset Disc | -2.11 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 15.32 Evaluated at bid price : 15.32 Bid-YTW : 5.48 % |
| BAM.PR.C | Floater | -2.00 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 13.75 Evaluated at bid price : 13.75 Bid-YTW : 5.07 % |
| TD.PF.C | FixedReset Disc | -1.99 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 19.74 Evaluated at bid price : 19.74 Bid-YTW : 5.23 % |
| PWF.PR.Q | FloatingReset | -1.96 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 16.00 Evaluated at bid price : 16.00 Bid-YTW : 5.03 % |
| TD.PF.D | FixedReset Disc | -1.90 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 21.37 Evaluated at bid price : 21.68 Bid-YTW : 5.28 % |
| MFC.PR.F | FixedReset Ins Non | -1.67 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 14.68 Bid-YTW : 9.00 % |
| CM.PR.O | FixedReset Disc | -1.64 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 19.79 Evaluated at bid price : 19.79 Bid-YTW : 5.31 % |
| MFC.PR.G | FixedReset Ins Non | -1.61 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 20.75 Bid-YTW : 6.78 % |
| HSE.PR.C | FixedReset Disc | -1.58 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 19.90 Evaluated at bid price : 19.90 Bid-YTW : 6.32 % |
| HSE.PR.A | FixedReset Disc | -1.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 13.56 Evaluated at bid price : 13.56 Bid-YTW : 6.42 % |
| BMO.PR.Q | FixedReset Bank Non | -1.52 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2022-01-31 Maturity Price : 25.00 Evaluated at bid price : 22.75 Bid-YTW : 5.34 % |
| BAM.PR.X | FixedReset Disc | -1.50 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 16.45 Evaluated at bid price : 16.45 Bid-YTW : 5.36 % |
| CM.PR.S | FixedReset Disc | -1.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 21.20 Evaluated at bid price : 21.20 Bid-YTW : 5.17 % |
| TRP.PR.H | FloatingReset | -1.38 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 13.56 Evaluated at bid price : 13.56 Bid-YTW : 5.40 % |
| RY.PR.Z | FixedReset Disc | -1.34 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 20.57 Evaluated at bid price : 20.57 Bid-YTW : 5.05 % |
| PWF.PR.T | FixedReset Disc | -1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 19.70 Evaluated at bid price : 19.70 Bid-YTW : 5.41 % |
| IAF.PR.G | FixedReset Ins Non | -1.30 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.22 Bid-YTW : 6.36 % |
| BAM.PF.E | FixedReset Disc | -1.30 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 20.48 Evaluated at bid price : 20.48 Bid-YTW : 5.46 % |
| BAM.PF.B | FixedReset Disc | -1.15 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 20.70 Evaluated at bid price : 20.70 Bid-YTW : 5.50 % |
| BMO.PR.Z | Perpetual-Discount | -1.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 24.23 Evaluated at bid price : 24.72 Bid-YTW : 5.11 % |
| TD.PF.B | FixedReset Disc | -1.03 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 20.10 Evaluated at bid price : 20.10 Bid-YTW : 5.17 % |
| TRP.PR.B | FixedReset Disc | -1.02 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 13.55 Evaluated at bid price : 13.55 Bid-YTW : 5.73 % |
| POW.PR.G | Perpetual-Discount | 1.04 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 23.89 Evaluated at bid price : 24.40 Bid-YTW : 5.75 % |
| BAM.PF.D | Perpetual-Discount | 1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 21.80 Evaluated at bid price : 21.80 Bid-YTW : 5.68 % |
| SLF.PR.J | FloatingReset | 1.18 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 15.42 Bid-YTW : 8.48 % |
| GWO.PR.Q | Deemed-Retractible | 1.42 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 22.84 Bid-YTW : 6.32 % |
| IAF.PR.B | Deemed-Retractible | 1.49 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2030-01-31 Maturity Price : 25.00 Evaluated at bid price : 21.77 Bid-YTW : 6.30 % |
| BAM.PR.M | Perpetual-Discount | 1.51 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 20.82 Evaluated at bid price : 20.82 Bid-YTW : 5.76 % |
| BMO.PR.E | FixedReset Disc | 1.53 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 22.72 Evaluated at bid price : 23.86 Bid-YTW : 4.92 % |
| BAM.PF.A | FixedReset Disc | 1.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 22.32 Evaluated at bid price : 23.05 Bid-YTW : 5.27 % |
| PWF.PR.Z | Perpetual-Discount | 2.08 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 22.27 Evaluated at bid price : 22.60 Bid-YTW : 5.70 % |
| CU.PR.G | Perpetual-Discount | 2.24 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 20.50 Evaluated at bid price : 20.50 Bid-YTW : 5.57 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| CM.PR.R | FixedReset Disc | 113,354 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 22.57 Evaluated at bid price : 23.33 Bid-YTW : 5.42 % |
| TRP.PR.K | FixedReset Disc | 65,946 | YTW SCENARIO Maturity Type : Call Maturity Date : 2022-05-31 Maturity Price : 25.00 Evaluated at bid price : 24.60 Bid-YTW : 5.66 % |
| BNS.PR.E | FixedReset Prem | 53,121 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-04-25 Maturity Price : 25.00 Evaluated at bid price : 25.74 Bid-YTW : 4.07 % |
| EMA.PR.H | FixedReset Disc | 50,255 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 22.88 Evaluated at bid price : 24.16 Bid-YTW : 5.08 % |
| BAM.PR.Z | FixedReset Disc | 50,100 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2049-01-15 Maturity Price : 22.03 Evaluated at bid price : 22.50 Bid-YTW : 5.36 % |
| TD.PF.G | FixedReset Prem | 42,258 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-04-30 Maturity Price : 25.00 Evaluated at bid price : 25.60 Bid-YTW : 4.30 % |
| There were 23 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| MFC.PR.K | FixedReset Ins Non | Quote: 17.17 – 20.50 Spot Rate : 3.3300 Average : 2.0194 YTW SCENARIO |
| MFC.PR.Q | FixedReset Ins Non | Quote: 21.50 – 24.97 Spot Rate : 3.4700 Average : 2.3945 YTW SCENARIO |
| GWO.PR.N | FixedReset Ins Non | Quote: 13.90 – 15.42 Spot Rate : 1.5200 Average : 0.8475 YTW SCENARIO |
| IFC.PR.C | FixedReset Ins Non | Quote: 19.38 – 20.40 Spot Rate : 1.0200 Average : 0.5969 YTW SCENARIO |
| HSE.PR.G | FixedReset Disc | Quote: 20.25 – 21.20 Spot Rate : 0.9500 Average : 0.5995 YTW SCENARIO |
| BMO.PR.Y | FixedReset Disc | Quote: 21.21 – 22.25 Spot Rate : 1.0400 Average : 0.7154 YTW SCENARIO |