| 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 | 0.4595 % | 2,804.3 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.4595 % | 5,145.7 |
| Floater | 3.10 % | 3.12 % | 57,349 | 19.43 | 3 | 0.4595 % | 2,965.5 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3540 % | 3,725.3 |
| SplitShare | 4.60 % | 4.18 % | 55,549 | 3.88 | 5 | 0.3540 % | 4,448.8 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.3540 % | 3,471.1 |
| Perpetual-Premium | 5.08 % | -10.05 % | 54,043 | 0.09 | 32 | 0.0122 % | 3,276.6 |
| Perpetual-Discount | 4.71 % | 4.84 % | 36,718 | 15.76 | 2 | 0.0204 % | 3,870.2 |
| FixedReset Disc | 3.81 % | 3.74 % | 106,661 | 17.15 | 40 | 0.1677 % | 2,911.0 |
| Insurance Straight | 4.91 % | 3.79 % | 74,148 | 0.66 | 20 | -0.0728 % | 3,696.8 |
| FloatingReset | 2.56 % | 2.79 % | 24,353 | 20.27 | 2 | -0.2287 % | 2,832.7 |
| FixedReset Prem | 4.69 % | 2.78 % | 128,601 | 1.50 | 31 | 0.0288 % | 2,763.2 |
| FixedReset Bank Non | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.1677 % | 2,975.6 |
| FixedReset Ins Non | 4.03 % | 3.68 % | 94,818 | 17.25 | 19 | 0.5957 % | 2,993.4 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| SLF.PR.J | FloatingReset | -1.79 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-26 Maturity Price : 16.50 Evaluated at bid price : 16.50 Bid-YTW : 2.33 % |
| CU.PR.G | Perpetual-Premium | -1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-26 Maturity Price : 24.58 Evaluated at bid price : 24.85 Bid-YTW : 4.58 % |
| FTS.PR.K | FixedReset Disc | -1.14 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-26 Maturity Price : 21.42 Evaluated at bid price : 21.75 Bid-YTW : 4.00 % |
| TRP.PR.G | FixedReset Disc | 1.03 % | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-11-30 Maturity Price : 25.00 Evaluated at bid price : 24.50 Bid-YTW : 4.05 % |
| BAM.PR.X | FixedReset Disc | 1.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-26 Maturity Price : 18.50 Evaluated at bid price : 18.50 Bid-YTW : 4.27 % |
| BAM.PF.G | FixedReset Disc | 1.19 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-26 Maturity Price : 22.76 Evaluated at bid price : 23.73 Bid-YTW : 4.19 % |
| BAM.PR.T | FixedReset Disc | 1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-26 Maturity Price : 21.13 Evaluated at bid price : 21.13 Bid-YTW : 4.35 % |
| BAM.PF.F | FixedReset Disc | 1.20 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-26 Maturity Price : 23.18 Evaluated at bid price : 24.44 Bid-YTW : 4.22 % |
| TRP.PR.F | FloatingReset | 1.21 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-26 Maturity Price : 18.40 Evaluated at bid price : 18.40 Bid-YTW : 2.79 % |
| RS.PR.A | SplitShare | 1.30 % | YTW SCENARIO Maturity Type : Hard Maturity Maturity Date : 2025-12-31 Maturity Price : 10.00 Evaluated at bid price : 10.94 Bid-YTW : 2.96 % |
| BAM.PR.K | Floater | 1.45 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-26 Maturity Price : 13.95 Evaluated at bid price : 13.95 Bid-YTW : 3.09 % |
| SLF.PR.G | FixedReset Ins Non | 1.94 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-26 Maturity Price : 17.90 Evaluated at bid price : 17.90 Bid-YTW : 3.64 % |
| MFC.PR.F | FixedReset Ins Non | 7.09 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-26 Maturity Price : 18.42 Evaluated at bid price : 18.42 Bid-YTW : 3.64 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| CM.PR.S | FixedReset Prem | 85,614 | YTW SCENARIO Maturity Type : Call Maturity Date : 2023-01-31 Maturity Price : 25.00 Evaluated at bid price : 25.28 Bid-YTW : 3.58 % |
| BMO.PR.T | FixedReset Disc | 67,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-26 Maturity Price : 23.20 Evaluated at bid price : 24.45 Bid-YTW : 3.62 % |
| TD.PF.C | FixedReset Disc | 36,086 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-26 Maturity Price : 23.17 Evaluated at bid price : 24.55 Bid-YTW : 3.61 % |
| PWF.PF.A | Perpetual-Discount | 34,604 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-26 Maturity Price : 24.08 Evaluated at bid price : 24.46 Bid-YTW : 4.61 % |
| GWO.PR.Y | Insurance Straight | 31,368 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2051-10-26 Maturity Price : 24.37 Evaluated at bid price : 24.75 Bid-YTW : 4.56 % |
| CM.PR.Q | FixedReset Disc | 30,600 | YTW SCENARIO Maturity Type : Call Maturity Date : 2025-07-31 Maturity Price : 25.00 Evaluated at bid price : 24.75 Bid-YTW : 3.44 % |
| There were 15 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| BIP.PR.A | FixedReset Disc | Quote: 24.80 – 26.00 Spot Rate : 1.2000 Average : 0.7137 YTW SCENARIO |
| SLF.PR.J | FloatingReset | Quote: 16.50 – 17.95 Spot Rate : 1.4500 Average : 1.0998 YTW SCENARIO |
| BAM.PR.N | Perpetual-Premium | Quote: 24.54 – 25.27 Spot Rate : 0.7300 Average : 0.5266 YTW SCENARIO |
| CU.PR.G | Perpetual-Premium | Quote: 24.85 – 25.32 Spot Rate : 0.4700 Average : 0.3439 YTW SCENARIO |
| PVS.PR.I | SplitShare | Quote: 26.00 – 26.40 Spot Rate : 0.4000 Average : 0.2749 YTW SCENARIO |
| PVS.PR.J | SplitShare | Quote: 25.41 – 25.79 Spot Rate : 0.3800 Average : 0.2636 YTW SCENARIO |
On October 25 the split share preferred, RS.PR.A, made the Volume Highlights with 31,000 shares being traded. Why did DF.PR.A not make the Volume Highlights with 1.36 million shares traded on October 26?
Real Estate & E-Commerce Split Corp is rated Pfd-2(low) by DBRS and meets the minimum volume requirments, so is included in the indices.
Dividend 15 Split Corp. II is rated Pfd-3(low) by DBRS and therefore is not included in the indices.