December 22, 2022

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 1.0101 % 2,402.6
FixedFloater 0.00 % 0.00 % 0 0.00 0 1.0101 % 4,608.2
Floater 9.03 % 9.10 % 51,814 10.33 2 1.0101 % 2,655.7
OpRet 0.00 % 0.00 % 0 0.00 0 0.0221 % 3,239.9
SplitShare 5.25 % 7.74 % 63,361 2.73 8 0.0221 % 3,869.1
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.0221 % 3,018.8
Perpetual-Premium 0.00 % 0.00 % 0 0.00 0 -0.2169 % 2,642.2
Perpetual-Discount 6.45 % 6.55 % 111,466 13.07 35 -0.2169 % 2,881.2
FixedReset Disc 5.58 % 7.45 % 102,550 12.26 62 0.2785 % 2,151.4
Insurance Straight 6.37 % 6.46 % 117,626 13.30 20 0.4240 % 2,821.4
FloatingReset 9.91 % 10.43 % 43,621 9.24 2 -0.3999 % 2,426.0
FixedReset Prem 6.62 % 6.45 % 198,321 12.78 2 -0.2180 % 2,374.3
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.2785 % 2,199.1
FixedReset Ins Non 5.61 % 7.61 % 59,638 12.28 14 -0.0465 % 2,239.4
Performance Highlights
Issue Index Change Notes
PVS.PR.J SplitShare -2.13 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2028-02-29
Maturity Price : 25.00
Evaluated at bid price : 20.25
Bid-YTW : 9.18 %
POW.PR.G Perpetual-Discount -2.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 21.03
Evaluated at bid price : 21.03
Bid-YTW : 6.68 %
BN.PR.Z FixedReset Disc -1.50 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 21.00
Evaluated at bid price : 21.00
Bid-YTW : 7.12 %
POW.PR.D Perpetual-Discount -1.17 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 18.98
Evaluated at bid price : 18.98
Bid-YTW : 6.61 %
TD.PF.D FixedReset Disc -1.16 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 18.75
Evaluated at bid price : 18.75
Bid-YTW : 7.20 %
MFC.PR.M FixedReset Ins Non -1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 16.74
Evaluated at bid price : 16.74
Bid-YTW : 7.74 %
RY.PR.J FixedReset Disc 1.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 18.70
Evaluated at bid price : 18.70
Bid-YTW : 7.19 %
FTS.PR.G FixedReset Disc 1.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 16.94
Evaluated at bid price : 16.94
Bid-YTW : 7.61 %
BN.PR.B Floater 1.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 12.50
Evaluated at bid price : 12.50
Bid-YTW : 9.10 %
TRP.PR.A FixedReset Disc 1.24 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 13.88
Evaluated at bid price : 13.88
Bid-YTW : 8.52 %
TRP.PR.E FixedReset Disc 1.32 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 15.30
Evaluated at bid price : 15.30
Bid-YTW : 8.52 %
TD.PF.B FixedReset Disc 1.34 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 17.35
Evaluated at bid price : 17.35
Bid-YTW : 7.45 %
BN.PF.A FixedReset Disc 1.37 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 18.53
Evaluated at bid price : 18.53
Bid-YTW : 7.95 %
CU.PR.F Perpetual-Discount 1.43 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 17.75
Evaluated at bid price : 17.75
Bid-YTW : 6.42 %
CU.PR.H Perpetual-Discount 1.46 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 20.80
Evaluated at bid price : 20.80
Bid-YTW : 6.39 %
FTS.PR.K FixedReset Disc 1.50 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 15.54
Evaluated at bid price : 15.54
Bid-YTW : 8.06 %
TRP.PR.G FixedReset Disc 1.58 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 16.70
Evaluated at bid price : 16.70
Bid-YTW : 8.11 %
IFC.PR.C FixedReset Disc 1.59 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 16.00
Evaluated at bid price : 16.00
Bid-YTW : 7.97 %
IAF.PR.B Insurance Straight 1.59 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 19.18
Evaluated at bid price : 19.18
Bid-YTW : 6.03 %
CU.PR.I FixedReset Disc 1.67 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-01
Maturity Price : 25.00
Evaluated at bid price : 24.30
Bid-YTW : 5.67 %
BN.PF.B FixedReset Disc 1.85 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 16.55
Evaluated at bid price : 16.55
Bid-YTW : 8.39 %
PVS.PR.H SplitShare 1.86 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2027-02-28
Maturity Price : 25.00
Evaluated at bid price : 21.85
Bid-YTW : 8.44 %
MFC.PR.B Insurance Straight 2.73 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 19.20
Evaluated at bid price : 19.20
Bid-YTW : 6.11 %
MFC.PR.C Insurance Straight 2.81 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 18.66
Evaluated at bid price : 18.66
Bid-YTW : 6.08 %
Volume Highlights
Issue Index Shares
Traded
Notes
SLF.PR.C Insurance Straight 47,570 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 18.29
Evaluated at bid price : 18.29
Bid-YTW : 6.12 %
RY.PR.J FixedReset Disc 33,011 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 18.70
Evaluated at bid price : 18.70
Bid-YTW : 7.19 %
SLF.PR.D Insurance Straight 28,770 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 18.31
Evaluated at bid price : 18.31
Bid-YTW : 6.11 %
TD.PF.B FixedReset Disc 26,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 17.35
Evaluated at bid price : 17.35
Bid-YTW : 7.45 %
BN.PR.Z FixedReset Disc 24,900 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 21.00
Evaluated at bid price : 21.00
Bid-YTW : 7.12 %
TD.PF.I FixedReset Prem 21,500 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 23.10
Evaluated at bid price : 24.78
Bid-YTW : 6.17 %
There were 25 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
BN.PF.B FixedReset Disc Quote: 16.55 – 17.90
Spot Rate : 1.3500
Average : 0.7966

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 16.55
Evaluated at bid price : 16.55
Bid-YTW : 8.39 %

BIP.PR.A FixedReset Disc Quote: 16.75 – 18.12
Spot Rate : 1.3700
Average : 0.8369

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 16.75
Evaluated at bid price : 16.75
Bid-YTW : 9.09 %

IFC.PR.K Perpetual-Discount Quote: 20.70 – 21.70
Spot Rate : 1.0000
Average : 0.6564

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 20.70
Evaluated at bid price : 20.70
Bid-YTW : 6.38 %

BNS.PR.I FixedReset Disc Quote: 20.00 – 20.99
Spot Rate : 0.9900
Average : 0.6997

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 20.00
Evaluated at bid price : 20.00
Bid-YTW : 6.85 %

CM.PR.S FixedReset Disc Quote: 20.30 – 21.00
Spot Rate : 0.7000
Average : 0.4369

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 20.30
Evaluated at bid price : 20.30
Bid-YTW : 6.80 %

POW.PR.G Perpetual-Discount Quote: 21.03 – 21.70
Spot Rate : 0.6700
Average : 0.4555

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-12-22
Maturity Price : 21.03
Evaluated at bid price : 21.03
Bid-YTW : 6.68 %

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