Category: Market Action

Market Action

November 9, 2021

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< br>Value		 Median
Mod Dur
(YTW)		 Issues Day’s Perf. Index Value
Ratchet 0.00 % 0.00 % 0 0.0
0		 0 0.6174 % 2,860.3
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.6174 % 5,248.5
Floater 3.04 % 3.03 % 82,688 19.61 3 0.6174 % 3,024.7
OpRet 0.00 % 0.00 % 0 0.00 0 0.0387 % 3,696.6
SplitShare 4.64 % 4.26 % 61,741 3.84 5 0.03
87 %		 4,414.5
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.0387 % 3,444.4
Perpetu
al-Premium		 5.08 % -7.94 % 54,421 0.09 32 -0.0147 % 3,275.1
Perpetual-Discount 4.70 % 4
.58 %		 2,137,784 16.20 2 0.1425 % 3,880.4
FixedReset Disc 3.78 % 3.80 % 113,173 17.15

40 -0.1179 % 2,940.1
Insurance Straight 4.92 % 4.08 % 93,270 1.56 20 0.0414 % 3
,689.2
FloatingReset 2.49 % 2.77 % 23,704 20.28 2 -0.6887 % 2,926.0
FixedReset Prem

4.69 % 2.75 % 126,998 1.88 30 -0.0710 % 2,758.9
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 -0.1179 % 3,005.4
FixedReset Ins Non 4.04 % 3.68 % 90,307 17.14 19 -0.8074 % 2,983.4
Performance Highlights
Issue Index Change

Notes
MFC.PR.F FixedReset Ins Non -19.61 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 15.00
Evaluated at bid price : 15.00
Bid-YTW : 4.56 %
BAM.PF.E FixedReset Disc -2.81 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 21.45
Evaluated at bid price : 21.80
Bid-YTW : 4.47 %
CIU.PR.A Perpetual-Premium -2.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 24.05
Evaluated at bid price : 24.30
Bid-YTW : 4.73 %
TRP.PR.B FixedReset Disc -1.69 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 14.51
Evaluated at bid price : 14.51
Bid-YTW : 4.34 %
CU.PR.F Perpetual-Premium -1.56 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 23.74
Evaluated at bid price : 24.00
Bid-YTW : 4.68 %
RY.PR.M FixedReset Disc -1.42 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-11-24
Maturity Price : 25.00
Evaluated at bid price : 24.25
Bid-YTW : 3.79 %
PWF.PR.P FixedReset Disc -1.35 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 18.25
Evaluated at bid price : 18.25
Bid-YTW : 3.85 %
TRP.PR.A FixedReset Disc -1.25 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 19.80
Evaluated at bid price : 19.80
Bid-YTW : 4.28 %
CU.PR.G Perpetual-Premium 1.03 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 24.30
Evaluated at bid price : 24.55
Bid-YTW : 4.58 %
BAM.PR.B Floater 1.27 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 14.39
Evaluated at bid price : 14.39
Bid-YTW : 3.00 %
IFC.PR.A FixedReset Ins Non 1.39 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 21.54
Evaluated at bid price : 21.90
Bid-YTW : 3.59 %
CU.PR.C FixedReset Disc 2.05 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 22.74
Evaluated at bid price : 23.45
Bid-YTW : 4.00 %
Volume Highlights
Issue Index Shares
Traded		 Notes
BMO.PR.W FixedReset Disc 121,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 23.10
Evaluated at bid price : 24.30
Bid-YTW : 3.68 %
PWF.PF.A Perpetual-Discount 92,820 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 24.27
Evaluated at bid price : 24.66
Bid-YTW : 4.58 %
RY.PR.J FixedReset Disc 91,300 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-05-24
Maturity Price : 25.00
Evaluated at bid price : 24.91
Bid-YTW : 3.28 %
NA.PR.C FixedReset Prem 82,885 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-11-15
Maturity Price : 25.00
Evaluated at bid price : 25.56
Bid-YTW : 2.16 %
BMO.PR.Y FixedReset Disc 45,900 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-08-25
Maturity Price : 25.00
Evaluated at bid price : 25.00
Bid-YTW : 3.03 %
CM.PR.R FixedReset Prem 43,180 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-07-31
Maturity Price : 25.00
Evaluated at bid price : 25.38
Bid-YTW : 2.50 %
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.F FixedReset Ins Non Quote: 15.00 – 19.20
Spot Rate : 4.2000
Average : 2.3620


YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 15.00
Evaluated at bid price : 15.00
Bid-YTW : 4.56 %
IFC.PR.A FixedReset Ins Non Quote: 21.90 – 25.26
Spot Rate : 3.3600
Average : 1.8795


YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 21.54
Evaluated at bid price : 21.90
Bid-YTW : 3.59 %
BAM.PR.B Floater Quote: 14.39 – 15.50
Spot Rate : 1.1100
Average : 0.7091


YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 14.39
Evaluated at bid price : 14.39
Bid-YTW : 3.00 %
BAM.PF.E FixedReset Disc Quote: 21.80 – 22.79
Spot Rate : 0.9900
Average : 0.6791


YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 21.45
Evaluated at bid price : 21.80
Bid-YTW : 4.47 %
TRP.PR.A FixedReset Disc Quote: 19.80 – 20.53
Spot Rate : 0.7300
Average : 0.4714


YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 19.80
Evaluated at bid price : 19.80
Bid-YTW : 4.28 %
BAM.PR.K Floater Quote: 13.75 – 14.46
Spot Rate : 0.7100
Average : 0.5437


YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-09
Maturity Price : 13.75
Evaluated at bid price : 13.75
Bid-YTW : 3.14 %
Market Action

November 8, 2021

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 0.5252 % 2,842.7
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.5252 % 5,216.3
Floater 3.05 % 3.05 % 79,967 19.57 3 0.5252 % 3,006.2
OpRet 0.00 % 0.00 % 0 0.00 0 -0.2391 % 3,695.2
SplitShare 4.64 % 4.30 % 62,490 3.84 5 -0.2391 % 4,412.8
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.2391 % 3,443.0
Perpetual-Premium 5.08 % -7.48 % 56,340 0.09 32 0.0723 % 3,275.6
Perpetual-Discount 4.71 % 4.59 % 2,134,943 16.18 2 0.0204 % 3,874.9
FixedReset Disc 3.77 % 3.80 % 114,612 17.15 40 0.0801 % 2,943.6
Insurance Straight 4.92 % 4.48 % 92,064 3.49 20 0.1106 % 3,687.7
FloatingReset 2.47 % 2.75 % 24,634 20.34 2 0.2485 % 2,946.3
FixedReset Prem 4.69 % 2.73 % 129,129 1.88 30 -0.1019 % 2,760.9
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.0801 % 3,008.9
FixedReset Ins Non 4.01 % 3.67 % 90,888 17.16 19 0.2900 % 3,007.7
Performance Highlights
Issue Index Change Notes
BAM.PR.K Floater -2.34 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-08
Maturity Price : 13.75
Evaluated at bid price : 13.75
Bid-YTW : 3.14 %
BIP.PR.A FixedReset Disc -1.80 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-06-30
Maturity Price : 25.00
Evaluated at bid price : 24.55
Bid-YTW : 4.67 %
BIP.PR.D FixedReset Prem -1.18 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.22
Bid-YTW : 4.18 %
TD.PF.B FixedReset Disc -1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-08
Maturity Price : 23.13
Evaluated at bid price : 24.25
Bid-YTW : 3.72 %
IFC.PR.A FixedReset Ins Non 1.22 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-08
Maturity Price : 21.32
Evaluated at bid price : 21.60
Bid-YTW : 3.65 %
BAM.PR.M Perpetual-Premium 1.38 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-08
Maturity Price : 24.68
Evaluated at bid price : 24.99
Bid-YTW : 4.79 %
MFC.PR.N FixedReset Ins Non 1.46 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-08
Maturity Price : 23.08
Evaluated at bid price : 24.35
Bid-YTW : 3.75 %
PWF.PR.P FixedReset Disc 1.65 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-08
Maturity Price : 18.50
Evaluated at bid price : 18.50
Bid-YTW : 3.80 %
BAM.PF.G FixedReset Disc 1.90 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-08
Maturity Price : 22.94
Evaluated at bid price : 24.10
Bid-YTW : 4.17 %
FTS.PR.H FixedReset Disc 2.67 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-08
Maturity Price : 17.71
Evaluated at bid price : 17.71
Bid-YTW : 3.81 %
BAM.PR.B Floater 3.35 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-08
Maturity Price : 14.21
Evaluated at bid price : 14.21
Bid-YTW : 3.04 %
Volume Highlights
Issue Index Shares
Traded		 Notes
PWF.PF.A Perpetual-Discount 37,619 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-08
Maturity Price : 24.20
Evaluated at bid price : 24.59
Bid-YTW : 4.59 %
TD.PF.I FixedReset Prem 37,000 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-10-31
Maturity Price : 25.00
Evaluated at bid price : 25.49
Bid-YTW : 2.57 %
GWO.PR.F Insurance Straight 31,017 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-08
Maturity Price : 25.00
Evaluated at bid price : 25.33
Bid-YTW : -2.46 %
RY.PR.J FixedReset Disc 27,400 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-05-24
Maturity Price : 25.00
Evaluated at bid price : 24.90
Bid-YTW : 3.29 %
PVS.PR.J SplitShare 24,207 YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2028-02-29
Maturity Price : 25.00
Evaluated at bid price : 25.25
Bid-YTW : 4.38 %
PWF.PR.K Perpetual-Premium 23,859 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-08
Maturity Price : 25.00
Evaluated at bid price : 25.10
Bid-YTW : 1.40 %
There were 8 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
IFC.PR.I Perpetual-Premium Quote: 26.75 – 27.70
Spot Rate : 0.9500
Average : 0.6178

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2029-03-31
Maturity Price : 25.00
Evaluated at bid price : 26.75
Bid-YTW : 4.40 %
BAM.PR.K Floater Quote: 13.75 – 14.30
Spot Rate : 0.5500
Average : 0.3613

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-08
Maturity Price : 13.75
Evaluated at bid price : 13.75
Bid-YTW : 3.14 %
BIP.PR.A FixedReset Disc Quote: 24.55 – 25.18
Spot Rate : 0.6300
Average : 0.4569

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-06-30
Maturity Price : 25.00
Evaluated at bid price : 24.55
Bid-YTW : 4.67 %
PVS.PR.I SplitShare Quote: 25.77 – 26.23
Spot Rate : 0.4600
Average : 0.3579

YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-10-31
Maturity Price : 25.00
Evaluated at bid price : 25.77
Bid-YTW : 4.15 %
CM.PR.T FixedReset Prem Quote: 26.36 – 26.79
Spot Rate : 0.4300
Average : 0.3323

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-04-30
Maturity Price : 25.00
Evaluated at bid price : 26.36
Bid-YTW : 2.99 %
SLF.PR.H FixedReset Ins Non Quote: 23.08 – 23.45
Spot Rate : 0.3700
Average : 0.2825

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-08
Maturity Price : 22.33
Evaluated at bid price : 23.08
Bid-YTW : 3.69 %
Market Action

November 5, 2021

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 -1.0862 % 2,827.9
FixedFloater 0.00 % 0.00 % 0 0.00 0 -1.0862 % 5,189.0
Floater 3.07 % 3.07 % 77,459 19.53 3 -1.0862 % 2,990.5
OpRet 0.00 % 0.00 % 0 0.00 0 -0.0848 % 3,704.0
SplitShare 4.63 % 4.29 % 59,068 3.85 5 -0.0848 % 4,423.4
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.0848 % 3,451.3
Perpetual-Premium 5.08 % -6.48 % 56,474 0.09 32 -0.0208 % 3,273.2
Perpetual-Discount 4.71 % 4.59 % 2,160,139 16.19 2 0.1427 % 3,874.1
FixedReset Disc 3.77 % 3.90 % 115,019 16.89 40 0.1670 % 2,941.2
Insurance Straight 4.93 % 4.39 % 93,084 3.50 20 0.0217 % 3,683.6
FloatingReset 2.49 % 2.78 % 25,449 20.28 2 0.1106 % 2,939.0
FixedReset Prem 4.69 % 2.55 % 129,172 1.80 30 0.0116 % 2,763.7
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.1670 % 3,006.5
FixedReset Ins Non 4.02 % 3.82 % 94,432 16.90 19 0.0268 % 2,999.0
Performance Highlights
Issue Index Change Notes
BAM.PR.B Floater -3.71 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 13.75
Evaluated at bid price : 13.75
Bid-YTW : 3.14 %
BAM.PF.G FixedReset Disc -2.55 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 22.72
Evaluated at bid price : 23.65
Bid-YTW : 4.38 %
IFC.PR.E Insurance Straight -1.87 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-06-30
Maturity Price : 26.00
Evaluated at bid price : 26.30
Bid-YTW : 4.01 %
BAM.PR.M Perpetual-Premium -1.40 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 24.34
Evaluated at bid price : 24.65
Bid-YTW : 4.86 %
TD.PF.J FixedReset Prem -1.25 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-04-30
Maturity Price : 25.00
Evaluated at bid price : 25.24
Bid-YTW : 4.08 %
FTS.PR.H FixedReset Disc -1.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 17.25
Evaluated at bid price : 17.25
Bid-YTW : 4.08 %
GWO.PR.T Insurance Straight -1.13 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-06-30
Maturity Price : 26.00
Evaluated at bid price : 26.30
Bid-YTW : 3.96 %
TD.PF.B FixedReset Disc 1.03 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 23.24
Evaluated at bid price : 24.50
Bid-YTW : 3.80 %
BMO.PR.E FixedReset Prem 1.05 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-11-25
Maturity Price : 25.00
Evaluated at bid price : 25.95
Bid-YTW : 2.82 %
BAM.PR.X FixedReset Disc 1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 19.10
Evaluated at bid price : 19.10
Bid-YTW : 4.40 %
TRP.PR.E FixedReset Disc 1.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 21.75
Evaluated at bid price : 22.00
Bid-YTW : 4.41 %
FTS.PR.G FixedReset Disc 1.37 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 23.36
Evaluated at bid price : 23.72
Bid-YTW : 3.98 %
BAM.PF.E FixedReset Disc 1.45 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 22.02
Evaluated at bid price : 22.42
Bid-YTW : 4.47 %
GWO.PR.N FixedReset Ins Non 2.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 17.20
Evaluated at bid price : 17.20
Bid-YTW : 3.82 %
PWF.PR.P FixedReset Disc 9.31 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 18.20
Evaluated at bid price : 18.20
Bid-YTW : 4.00 %
Volume Highlights
Issue Index Shares
Traded		 Notes
RY.PR.H FixedReset Disc 71,407 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 23.22
Evaluated at bid price : 24.49
Bid-YTW : 3.77 %
BNS.PR.H FixedReset Prem 53,850 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-01-26
Maturity Price : 25.00
Evaluated at bid price : 25.21
Bid-YTW : 1.63 %
MFC.PR.K FixedReset Ins Non 49,300 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 23.48
Evaluated at bid price : 24.64
Bid-YTW : 3.84 %
CU.PR.F Perpetual-Premium 40,244 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 24.22
Evaluated at bid price : 24.50
Bid-YTW : 4.58 %
PWF.PF.A Perpetual-Discount 33,600 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 24.21
Evaluated at bid price : 24.60
Bid-YTW : 4.59 %
GWO.PR.F Insurance Straight 27,993 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-05
Maturity Price : 25.00
Evaluated at bid price : 25.33
Bid-YTW : -3.03 %
There were 16 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
BAM.PF.G FixedReset Disc Quote: 23.65 – 24.42
Spot Rate : 0.7700
Average : 0.5142

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 22.72
Evaluated at bid price : 23.65
Bid-YTW : 4.38 %
BAM.PR.B Floater Quote: 13.75 – 14.35
Spot Rate : 0.6000
Average : 0.3897

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 13.75
Evaluated at bid price : 13.75
Bid-YTW : 3.14 %
FTS.PR.H FixedReset Disc Quote: 17.25 – 17.78
Spot Rate : 0.5300
Average : 0.3700

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 17.25
Evaluated at bid price : 17.25
Bid-YTW : 4.08 %
TD.PF.J FixedReset Prem Quote: 25.24 – 25.74
Spot Rate : 0.5000
Average : 0.3615

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-04-30
Maturity Price : 25.00
Evaluated at bid price : 25.24
Bid-YTW : 4.08 %
BAM.PF.D Perpetual-Premium Quote: 25.08 – 25.67
Spot Rate : 0.5900
Average : 0.4904

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-05
Maturity Price : 24.77
Evaluated at bid price : 25.08
Bid-YTW : 4.93 %
GWO.PR.T Insurance Straight Quote: 26.30 – 26.80
Spot Rate : 0.5000
Average : 0.4102

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-06-30
Maturity Price : 26.00
Evaluated at bid price : 26.30
Bid-YTW : 3.96 %
Market Action

November 4, 2021

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 0.4745 % 2,858.9
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.4745 % 5,246.0
Floater 3.04 % 3.07 % 77,237 19.53 3 0.4745 % 3,023.3
OpRet 0.00 % 0.00 % 0 0.00 0 -0.0308 % 3,707.2
SplitShare 4.62 % 4.26 % 58,579 3.85 5 -0.0308 % 4,427.1
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.0308 % 3,454.2
Perpetual-Premium 5.08 % -6.89 % 58,053 0.09 32 -0.0074 % 3,273.9
Perpetual-Discount 4.72 % 4.59 % 2,187,856 16.19 2 0.2248 % 3,868.6
FixedReset Disc 3.78 % 3.93 % 119,088 16.76 40 -0.0759 % 2,936.3
Insurance Straight 4.93 % 4.49 % 86,211 3.50 20 -0.0356 % 3,682.8
FloatingReset 2.50 % 2.77 % 26,441 20.31 2 0.1939 % 2,935.8
FixedReset Prem 4.69 % 2.54 % 132,255 1.80 30 0.0620 % 2,763.4
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 -0.0759 % 3,001.5
FixedReset Ins Non 4.02 % 3.87 % 98,331 16.93 19 0.1654 % 2,998.2
Performance Highlights
Issue Index Change Notes
PWF.PR.P FixedReset Disc -8.26 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 16.65
Evaluated at bid price : 16.65
Bid-YTW : 4.37 %
GWO.PR.F Insurance Straight -2.05 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-04
Maturity Price : 25.00
Evaluated at bid price : 25.32
Bid-YTW : -2.75 %
TRP.PR.E FixedReset Disc -2.03 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 21.41
Evaluated at bid price : 21.75
Bid-YTW : 4.45 %
TD.PF.B FixedReset Disc -1.14 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 23.13
Evaluated at bid price : 24.25
Bid-YTW : 3.85 %
CU.PR.C FixedReset Disc -1.12 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 22.24
Evaluated at bid price : 22.98
Bid-YTW : 4.23 %
GWO.PR.R Insurance Straight -1.11 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 24.65
Evaluated at bid price : 24.91
Bid-YTW : 4.86 %
FTS.PR.G FixedReset Disc -1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 23.03
Evaluated at bid price : 23.40
Bid-YTW : 4.03 %
IFC.PR.A FixedReset Ins Non 1.04 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 21.43
Evaluated at bid price : 21.43
Bid-YTW : 3.85 %
BMO.PR.Y FixedReset Disc 1.09 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-08-25
Maturity Price : 25.00
Evaluated at bid price : 25.00
Bid-YTW : 3.02 %
BAM.PR.M Perpetual-Premium 1.26 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 24.68
Evaluated at bid price : 25.00
Bid-YTW : 4.79 %
BAM.PR.B Floater 1.28 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 14.28
Evaluated at bid price : 14.28
Bid-YTW : 3.02 %
SLF.PR.G FixedReset Ins Non 1.31 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 18.51
Evaluated at bid price : 18.51
Bid-YTW : 3.74 %
BIP.PR.E FixedReset Prem 1.35 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.44
Bid-YTW : 4.09 %
IFC.PR.E Insurance Straight 1.90 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-06-30
Maturity Price : 26.00
Evaluated at bid price : 26.80
Bid-YTW : 1.03 %
BAM.PR.X FixedReset Disc 10.72 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 18.90
Evaluated at bid price : 18.90
Bid-YTW : 4.44 %
Volume Highlights
Issue Index Shares
Traded		 Notes
GWO.PR.I Insurance Straight 101,297 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 24.22
Evaluated at bid price : 24.48
Bid-YTW : 4.63 %
RY.PR.J FixedReset Disc 78,200 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-05-24
Maturity Price : 25.00
Evaluated at bid price : 24.95
Bid-YTW : 3.22 %
MFC.PR.H FixedReset Ins Non 50,576 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-19
Maturity Price : 25.00
Evaluated at bid price : 25.26
Bid-YTW : 2.97 %
CU.PR.G Perpetual-Premium 46,095 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 24.23
Evaluated at bid price : 24.47
Bid-YTW : 4.59 %
GWO.PR.M Insurance Straight 40,960 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-04
Maturity Price : 25.00
Evaluated at bid price : 25.50
Bid-YTW : -11.28 %
PWF.PF.A Perpetual-Discount 39,086 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 24.20
Evaluated at bid price : 24.59
Bid-YTW : 4.59 %
There were 29 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
PWF.PR.P FixedReset Disc Quote: 16.65 – 18.35
Spot Rate : 1.7000
Average : 1.2169

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 16.65
Evaluated at bid price : 16.65
Bid-YTW : 4.37 %
BAM.PR.M Perpetual-Premium Quote: 25.00 – 25.80
Spot Rate : 0.8000
Average : 0.5476

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 24.68
Evaluated at bid price : 25.00
Bid-YTW : 4.79 %
CU.PR.F Perpetual-Premium Quote: 24.28 – 25.00
Spot Rate : 0.7200
Average : 0.4775

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 24.02
Evaluated at bid price : 24.28
Bid-YTW : 4.62 %
CU.PR.G Perpetual-Premium Quote: 24.47 – 25.25
Spot Rate : 0.7800
Average : 0.5501

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 24.23
Evaluated at bid price : 24.47
Bid-YTW : 4.59 %
BAM.PF.D Perpetual-Premium Quote: 25.25 – 25.84
Spot Rate : 0.5900
Average : 0.3812

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-09-30
Maturity Price : 25.00
Evaluated at bid price : 25.25
Bid-YTW : 4.33 %
BAM.PF.C Perpetual-Premium Quote: 25.00 – 25.38
Spot Rate : 0.3800
Average : 0.2392

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-04
Maturity Price : 24.69
Evaluated at bid price : 25.00
Bid-YTW : 4.89 %
Market Action

November 3, 2021

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 -0.2603 % 2,845.4
FixedFloater 0.00 % 0.00 % 0 0.00 0 -0.2603 % 5,221.2
Floater 3.05 % 3.07 % 73,676 19.53 3 -0.2603 % 3,009.0
OpRet 0.00 % 0.00 % 0 0.00 0 0.2781 % 3,708.3
SplitShare 4.62 % 4.26 % 57,013 3.86 5 0.2781 % 4,428.5
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.2781 % 3,455.3
Perpetual-Premium 5.08 % -7.29 % 54,335 0.09 32 0.0343 % 3,274.1
Perpetual-Discount 4.73 % 4.88 % 34,730 15.69 2 0.1228 % 3,859.9
FixedReset Disc 3.78 % 3.94 % 118,376 16.89 40 0.1085 % 2,938.5
Insurance Straight 4.93 % 3.98 % 80,326 0.64 20 0.0910 % 3,684.1
FloatingReset 2.50 % 2.79 % 25,770 20.26 2 1.1204 % 2,930.1
FixedReset Prem 4.69 % 2.50 % 133,114 1.89 30 -0.1173 % 2,761.7
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.1085 % 3,003.8
FixedReset Ins Non 4.03 % 3.87 % 91,052 16.91 19 -0.0960 % 2,993.2
Performance Highlights
Issue Index Change Notes
BAM.PR.X FixedReset Disc -9.44 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-03
Maturity Price : 17.07
Evaluated at bid price : 17.07
Bid-YTW : 4.92 %
BIP.PR.E FixedReset Prem -1.95 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-03
Maturity Price : 23.80
Evaluated at bid price : 25.10
Bid-YTW : 4.96 %
GWO.PR.N FixedReset Ins Non -1.17 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-03
Maturity Price : 16.85
Evaluated at bid price : 16.85
Bid-YTW : 3.89 %
TD.PF.J FixedReset Prem -1.13 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-04-30
Maturity Price : 25.00
Evaluated at bid price : 25.36
Bid-YTW : 3.73 %
TRP.PR.F FloatingReset 1.09 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-03
Maturity Price : 18.60
Evaluated at bid price : 18.60
Bid-YTW : 2.79 %
CM.PR.Y FixedReset Prem 1.13 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-07-31
Maturity Price : 25.00
Evaluated at bid price : 26.75
Bid-YTW : 2.54 %
TD.PF.B FixedReset Disc 1.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-03
Maturity Price : 23.25
Evaluated at bid price : 24.53
Bid-YTW : 3.79 %
SLF.PR.J FloatingReset 1.16 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-03
Maturity Price : 17.50
Evaluated at bid price : 17.50
Bid-YTW : 2.23 %
PVS.PR.I SplitShare 1.72 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-10-31
Maturity Price : 25.00
Evaluated at bid price : 26.05
Bid-YTW : 3.83 %
SLF.PR.G FixedReset Ins Non 2.53 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-03
Maturity Price : 18.27
Evaluated at bid price : 18.27
Bid-YTW : 3.79 %
PWF.PR.P FixedReset Disc 9.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-03
Maturity Price : 18.15
Evaluated at bid price : 18.15
Bid-YTW : 4.01 %
Volume Highlights
Issue Index Shares
Traded		 Notes
BAM.PR.R FixedReset Disc 396,400 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-03
Maturity Price : 21.22
Evaluated at bid price : 21.22
Bid-YTW : 4.40 %
PWF.PR.P FixedReset Disc 263,253 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-03
Maturity Price : 18.15
Evaluated at bid price : 18.15
Bid-YTW : 4.01 %
SLF.PR.E Insurance Straight 59,843 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-03
Maturity Price : 24.55
Evaluated at bid price : 24.80
Bid-YTW : 4.57 %
CM.PR.Q FixedReset Disc 50,400 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-07-31
Maturity Price : 25.00
Evaluated at bid price : 24.90
Bid-YTW : 3.29 %
CM.PR.S FixedReset Prem 41,565 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-01-31
Maturity Price : 25.00
Evaluated at bid price : 25.30
Bid-YTW : 3.58 %
SLF.PR.I FixedReset Ins Non 41,500 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-31
Maturity Price : 25.00
Evaluated at bid price : 25.12
Bid-YTW : 3.04 %
There were 19 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
BAM.PR.X FixedReset Disc Quote: 17.07 – 19.25
Spot Rate : 2.1800
Average : 1.2468

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-03
Maturity Price : 17.07
Evaluated at bid price : 17.07
Bid-YTW : 4.92 %
CU.PR.E Perpetual-Premium Quote: 24.98 – 25.90
Spot Rate : 0.9200
Average : 0.5560

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-03
Maturity Price : 25.00
Evaluated at bid price : 24.98
Bid-YTW : 1.31 %
BAM.PR.R FixedReset Disc Quote: 21.22 – 22.00
Spot Rate : 0.7800
Average : 0.5600

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-03
Maturity Price : 21.22
Evaluated at bid price : 21.22
Bid-YTW : 4.40 %
BAM.PF.E FixedReset Disc Quote: 22.10 – 22.90
Spot Rate : 0.8000
Average : 0.6472

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-03
Maturity Price : 21.80
Evaluated at bid price : 22.10
Bid-YTW : 4.54 %
GWO.PR.N FixedReset Ins Non Quote: 16.85 – 17.49
Spot Rate : 0.6400
Average : 0.4927

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-03
Maturity Price : 16.85
Evaluated at bid price : 16.85
Bid-YTW : 3.89 %
RY.PR.M FixedReset Disc Quote: 24.25 – 24.79
Spot Rate : 0.5400
Average : 0.3976

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-11-24
Maturity Price : 25.00
Evaluated at bid price : 24.25
Bid-YTW : 3.77 %
Market Action

November 2, 2021

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 1.1247 % 2,852.9
FixedFloater 0.00 % 0.00 % 0 0.00 0 1.1247 % 5,234.9
Floater 3.04 % 3.07 % 72,942 19.54 3 1.1247 % 3,016.9
OpRet 0.00 % 0.00 % 0 0.00 0 -0.3656 % 3,698.0
SplitShare 4.63 % 4.27 % 59,368 3.86 5 -0.3656 % 4,416.2
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.3656 % 3,445.7
Perpetual-Premium 5.08 % -7.67 % 56,270 0.09 32 -0.0098 % 3,273.0
Perpetual-Discount 4.73 % 4.62 % 2,297,794 16.15 2 0.2462 % 3,855.2
FixedReset Disc 3.78 % 3.94 % 117,053 16.87 40 -0.0206 % 2,935.4
Insurance Straight 4.93 % 4.53 % 83,025 3.51 20 0.0990 % 3,680.8
FloatingReset 2.53 % 2.82 % 25,923 20.18 2 -0.2793 % 2,897.6
FixedReset Prem 4.68 % 2.55 % 125,901 1.81 30 0.1045 % 2,764.9
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 -0.0206 % 3,000.5
FixedReset Ins Non 4.02 % 3.85 % 91,564 16.84 19 -0.0580 % 2,996.1
Performance Highlights
Issue Index Change Notes
PWF.PR.P FixedReset Disc -9.71 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-02
Maturity Price : 16.65
Evaluated at bid price : 16.65
Bid-YTW : 4.36 %
BAM.PF.E FixedReset Disc -2.93 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-02
Maturity Price : 21.87
Evaluated at bid price : 22.20
Bid-YTW : 4.52 %
RS.PR.A SplitShare -2.09 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-12-31
Maturity Price : 10.00
Evaluated at bid price : 10.77
Bid-YTW : 3.40 %
BIP.PR.A FixedReset Disc -1.77 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-06-30
Maturity Price : 25.00
Evaluated at bid price : 25.00
Bid-YTW : 4.10 %
SLF.PR.G FixedReset Ins Non -1.55 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-02
Maturity Price : 17.82
Evaluated at bid price : 17.82
Bid-YTW : 3.88 %
SLF.PR.J FloatingReset -1.14 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-02
Maturity Price : 17.30
Evaluated at bid price : 17.30
Bid-YTW : 2.25 %
BNS.PR.I FixedReset Prem -1.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-02
Maturity Price : 23.64
Evaluated at bid price : 25.33
Bid-YTW : 3.92 %
SLF.PR.D Insurance Straight 1.10 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-02
Maturity Price : 24.52
Evaluated at bid price : 24.77
Bid-YTW : 4.53 %
BAM.PR.K Floater 1.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-02
Maturity Price : 14.08
Evaluated at bid price : 14.08
Bid-YTW : 3.07 %
FTS.PR.H FixedReset Disc 1.53 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-02
Maturity Price : 17.24
Evaluated at bid price : 17.24
Bid-YTW : 4.08 %
TRP.PR.B FixedReset Disc 1.58 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-02
Maturity Price : 14.76
Evaluated at bid price : 14.76
Bid-YTW : 4.45 %
TRP.PR.C FixedReset Disc 1.61 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-02
Maturity Price : 16.45
Evaluated at bid price : 16.45
Bid-YTW : 4.33 %
BIP.PR.E FixedReset Prem 1.99 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.60
Bid-YTW : 3.61 %
BAM.PF.G FixedReset Disc 2.32 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-02
Maturity Price : 23.00
Evaluated at bid price : 24.25
Bid-YTW : 4.25 %
TRP.PR.E FixedReset Disc 2.66 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-02
Maturity Price : 21.75
Evaluated at bid price : 22.00
Bid-YTW : 4.40 %
BAM.PR.B Floater 2.76 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-02
Maturity Price : 14.13
Evaluated at bid price : 14.13
Bid-YTW : 3.05 %
BAM.PR.T FixedReset Disc 3.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-02
Maturity Price : 21.44
Evaluated at bid price : 21.75
Bid-YTW : 4.44 %
Volume Highlights
Issue Index Shares
Traded		 Notes
BMO.PR.C FixedReset Prem 219,520 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-05-25
Maturity Price : 25.00
Evaluated at bid price : 25.26
Bid-YTW : 2.10 %
TD.PF.C FixedReset Disc 68,732 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-02
Maturity Price : 23.22
Evaluated at bid price : 24.67
Bid-YTW : 3.77 %
TRP.PR.B FixedReset Disc 58,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-02
Maturity Price : 14.76
Evaluated at bid price : 14.76
Bid-YTW : 4.45 %
IFC.PR.G FixedReset Ins Non 50,130 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-06-30
Maturity Price : 25.00
Evaluated at bid price : 25.53
Bid-YTW : 3.88 %
RY.PR.J FixedReset Disc 39,260 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-05-24
Maturity Price : 25.00
Evaluated at bid price : 24.95
Bid-YTW : 3.21 %
TD.PF.K FixedReset Prem 37,281 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-10-31
Maturity Price : 25.00
Evaluated at bid price : 25.53
Bid-YTW : 3.67 %
There were 19 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
PWF.PR.P FixedReset Disc Quote: 16.65 – 18.50
Spot Rate : 1.8500
Average : 1.1446

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-02
Maturity Price : 16.65
Evaluated at bid price : 16.65
Bid-YTW : 4.36 %
BIP.PR.D FixedReset Prem Quote: 25.63 – 26.98
Spot Rate : 1.3500
Average : 0.8282

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.63
Bid-YTW : -0.02 %
BAM.PF.E FixedReset Disc Quote: 22.20 – 22.96
Spot Rate : 0.7600
Average : 0.4797

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-02
Maturity Price : 21.87
Evaluated at bid price : 22.20
Bid-YTW : 4.52 %
IFC.PR.I Perpetual-Premium Quote: 26.55 – 27.70
Spot Rate : 1.1500
Average : 0.8881

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2029-03-31
Maturity Price : 25.00
Evaluated at bid price : 26.55
Bid-YTW : 4.52 %
GWO.PR.T Insurance Straight Quote: 26.30 – 27.00
Spot Rate : 0.7000
Average : 0.5445

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-06-30
Maturity Price : 26.00
Evaluated at bid price : 26.30
Bid-YTW : 3.91 %
PWF.PR.L Perpetual-Premium Quote: 25.35 – 25.80
Spot Rate : 0.4500
Average : 0.3128

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-02
Maturity Price : 25.00
Evaluated at bid price : 25.35
Bid-YTW : -11.17 %

a

Market Action

November 1, 2021

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 -0.6183 % 2,821.1
FixedFloater 0.00 % 0.00 % 0 0.00 0 -0.6183 % 5,176.7
Floater 3.08 % 3.10 % 69,491 19.46 3 -0.6183 % 2,983.3
OpRet 0.00 % 0.00 % 0 0.00 0 -0.1690 % 3,711.6
SplitShare 4.62 % 4.30 % 58,312 3.86 5 -0.1690 % 4,432.4
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.1690 % 3,458.3
Perpetual-Premium 5.08 % -6.51 % 56,036 0.09 32 -0.0343 % 3,273.3
Perpetual-Discount 4.74 % 4.62 % 2,379,307 16.14 2 0.0000 % 3,845.7
FixedReset Disc 3.78 % 3.89 % 117,828 16.86 40 0.4029 % 2,936.0
Insurance Straight 4.94 % 4.46 % 83,487 3.51 20 0.0991 % 3,677.1
FloatingReset 2.52 % 2.83 % 26,233 20.14 2 1.4164 % 2,905.7
FixedReset Prem 4.69 % 2.55 % 128,451 1.97 30 0.0813 % 2,762.0
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.4029 % 3,001.1
FixedReset Ins Non 4.02 % 3.87 % 95,076 16.84 19 0.1072 % 2,997.8
Performance Highlights
Issue Index Change Notes
TRP.PR.B FixedReset Disc -1.89 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 14.53
Evaluated at bid price : 14.53
Bid-YTW : 4.52 %
BAM.PR.B Floater -1.79 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 13.75
Evaluated at bid price : 13.75
Bid-YTW : 3.14 %
PVS.PR.I SplitShare -1.50 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-10-31
Maturity Price : 25.00
Evaluated at bid price : 25.61
Bid-YTW : 4.30 %
PWF.PR.H Perpetual-Premium -1.31 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-01
Maturity Price : 25.00
Evaluated at bid price : 25.66
Bid-YTW : -24.20 %
BAM.PR.K Floater -1.28 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 13.92
Evaluated at bid price : 13.92
Bid-YTW : 3.10 %
IFC.PR.F Insurance Straight -1.21 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-09-30
Maturity Price : 25.25
Evaluated at bid price : 26.10
Bid-YTW : 4.46 %
TD.PF.B FixedReset Disc -1.18 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 23.13
Evaluated at bid price : 24.25
Bid-YTW : 3.85 %
BIP.PR.E FixedReset Prem -1.18 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 23.80
Evaluated at bid price : 25.10
Bid-YTW : 4.96 %
TRP.PR.F FloatingReset -1.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 18.30
Evaluated at bid price : 18.30
Bid-YTW : 2.83 %
IFC.PR.A FixedReset Ins Non -1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 21.29
Evaluated at bid price : 21.29
Bid-YTW : 3.88 %
BAM.PR.R FixedReset Disc 1.00 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 21.15
Evaluated at bid price : 21.15
Bid-YTW : 4.41 %
BNS.PR.I FixedReset Prem 1.14 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-01-27
Maturity Price : 25.00
Evaluated at bid price : 25.62
Bid-YTW : 3.74 %
BAM.PR.C Floater 1.22 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 14.12
Evaluated at bid price : 14.12
Bid-YTW : 3.06 %
PWF.PR.P FixedReset Disc 1.26 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 18.44
Evaluated at bid price : 18.44
Bid-YTW : 3.95 %
PVS.PR.J SplitShare 1.28 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2028-02-29
Maturity Price : 25.00
Evaluated at bid price : 25.33
Bid-YTW : 4.31 %
BAM.PF.B FixedReset Disc 1.33 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 23.24
Evaluated at bid price : 24.37
Bid-YTW : 4.28 %
MFC.PR.I FixedReset Ins Non 1.39 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-09-19
Maturity Price : 25.00
Evaluated at bid price : 25.55
Bid-YTW : 2.43 %
SLF.PR.H FixedReset Ins Non 1.40 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 22.40
Evaluated at bid price : 23.22
Bid-YTW : 3.77 %
FTS.PR.K FixedReset Disc 1.53 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 22.19
Evaluated at bid price : 22.50
Bid-YTW : 4.07 %
FTS.PR.H FixedReset Disc 1.62 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 16.98
Evaluated at bid price : 16.98
Bid-YTW : 4.14 %
BAM.PF.E FixedReset Disc 1.69 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 22.31
Evaluated at bid price : 22.87
Bid-YTW : 4.37 %
FTS.PR.G FixedReset Disc 2.40 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 23.08
Evaluated at bid price : 23.45
Bid-YTW : 4.02 %
BAM.PR.X FixedReset Disc 3.17 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 18.85
Evaluated at bid price : 18.85
Bid-YTW : 4.45 %
SLF.PR.J FloatingReset 4.17 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 17.50
Evaluated at bid price : 17.50
Bid-YTW : 2.22 %
Volume Highlights
Issue Index Shares
Traded		 Notes
TD.PF.A FixedReset Disc 324,968 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 23.17
Evaluated at bid price : 24.44
Bid-YTW : 3.77 %
TD.PF.C FixedReset Disc 158,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 23.23
Evaluated at bid price : 24.68
Bid-YTW : 3.76 %
BNS.PR.H FixedReset Prem 142,600 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-01-26
Maturity Price : 25.00
Evaluated at bid price : 25.21
Bid-YTW : 1.56 %
NA.PR.W FixedReset Disc 72,392 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 23.09
Evaluated at bid price : 24.35
Bid-YTW : 3.82 %
CM.PR.T FixedReset Prem 44,075 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-04-30
Maturity Price : 25.00
Evaluated at bid price : 26.55
Bid-YTW : 2.66 %
RY.PR.J FixedReset Disc 37,700 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-05-24
Maturity Price : 25.00
Evaluated at bid price : 24.84
Bid-YTW : 3.34 %
There were 21 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
BIP.PR.E FixedReset Prem Quote: 25.10 – 26.05
Spot Rate : 0.9500
Average : 0.7513

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 23.80
Evaluated at bid price : 25.10
Bid-YTW : 4.96 %
BAM.PR.T FixedReset Disc Quote: 21.10 – 21.95
Spot Rate : 0.8500
Average : 0.6742

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 21.10
Evaluated at bid price : 21.10
Bid-YTW : 4.60 %
TRP.PR.E FixedReset Disc Quote: 21.43 – 22.61
Spot Rate : 1.1800
Average : 1.0112

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 21.43
Evaluated at bid price : 21.43
Bid-YTW : 4.54 %
BAM.PR.B Floater Quote: 13.75 – 14.43
Spot Rate : 0.6800
Average : 0.5174

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-01
Maturity Price : 13.75
Evaluated at bid price : 13.75
Bid-YTW : 3.14 %
IFC.PR.F Insurance Straight Quote: 26.10 – 26.58
Spot Rate : 0.4800
Average : 0.3238

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-09-30
Maturity Price : 25.25
Evaluated at bid price : 26.10
Bid-YTW : 4.46 %
PVS.PR.I SplitShare Quote: 25.61 – 26.23
Spot Rate : 0.6200
Average : 0.4646

YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-10-31
Maturity Price : 25.00
Evaluated at bid price : 25.61
Bid-YTW : 4.30 %
Market Action

October 29, 2021

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 0.2384 % 2,838.7
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.2384 % 5,208.9
Floater 3.06 % 3.08 % 68,173 19.51 3 0.2384 % 3,001.9
OpRet 0.00 % 0.00 % 0 0.00 0 -0.3598 % 3,717.9
SplitShare 4.61 % 4.19 % 54,000 3.87 5 -0.3598 % 4,439.9
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.3598 % 3,464.2
Perpetual-Premium 5.08 % -5.44 % 56,549 0.09 32 0.0945 % 3,274.5
Perpetual-Discount 4.74 % 4.62 % 2,466,149 16.15 2 0.0000 % 3,845.7
FixedReset Disc 3.80 % 3.76 % 113,894 17.16 40 0.0534 % 2,924.2
Insurance Straight 4.94 % 4.12 % 83,962 1.59 20 -0.1009 % 3,673.5
FloatingReset 2.53 % 2.77 % 26,544 20.30 2 0.5698 % 2,865.1
FixedReset Prem 4.70 % 2.82 % 129,772 1.94 31 -0.0825 % 2,759.8
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.0534 % 2,989.1
FixedReset Ins Non 4.03 % 3.68 % 98,538 17.29 19 0.4713 % 2,994.6
Performance Highlights
Issue Index Change Notes
BAM.PR.X FixedReset Disc -1.77 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-29
Maturity Price : 18.27
Evaluated at bid price : 18.27
Bid-YTW : 4.32 %
PVS.PR.J SplitShare -1.57 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2028-02-29
Maturity Price : 25.00
Evaluated at bid price : 25.01
Bid-YTW : 4.53 %
SLF.PR.D Insurance Straight -1.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-29
Maturity Price : 24.21
Evaluated at bid price : 24.50
Bid-YTW : 4.57 %
BIP.PR.A FixedReset Disc 1.00 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-06-30
Maturity Price : 25.00
Evaluated at bid price : 25.25
Bid-YTW : 3.79 %
TRP.PR.C FixedReset Disc 1.12 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-29
Maturity Price : 16.27
Evaluated at bid price : 16.27
Bid-YTW : 4.13 %
RY.PR.P Perpetual-Premium 1.15 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-11-28
Maturity Price : 26.00
Evaluated at bid price : 26.40
Bid-YTW : -17.14 %
MFC.PR.L FixedReset Ins Non 1.19 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-29
Maturity Price : 22.94
Evaluated at bid price : 23.82
Bid-YTW : 3.68 %
TD.PF.B FixedReset Disc 1.20 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-29
Maturity Price : 23.25
Evaluated at bid price : 24.54
Bid-YTW : 3.60 %
TRP.PR.B FixedReset Disc 1.37 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-29
Maturity Price : 14.81
Evaluated at bid price : 14.81
Bid-YTW : 4.17 %
TRP.PR.F FloatingReset 1.37 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-29
Maturity Price : 18.50
Evaluated at bid price : 18.50
Bid-YTW : 2.77 %
PWF.PR.H Perpetual-Premium 1.52 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-11-28
Maturity Price : 25.00
Evaluated at bid price : 26.00
Bid-YTW : -38.20 %
SLF.PR.G FixedReset Ins Non 2.27 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-29
Maturity Price : 18.00
Evaluated at bid price : 18.00
Bid-YTW : 3.62 %
MFC.PR.F FixedReset Ins Non 7.56 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-29
Maturity Price : 18.50
Evaluated at bid price : 18.50
Bid-YTW : 3.63 %
Volume Highlights
Issue Index Shares
Traded		 Notes
RY.PR.H FixedReset Disc 65,178 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-29
Maturity Price : 23.25
Evaluated at bid price : 24.56
Bid-YTW : 3.57 %
RY.PR.J FixedReset Disc 61,812 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-05-24
Maturity Price : 25.00
Evaluated at bid price : 24.80
Bid-YTW : 3.38 %
PWF.PF.A Perpetual-Discount 34,600 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-29
Maturity Price : 24.04
Evaluated at bid price : 24.42
Bid-YTW : 4.62 %
GWO.PR.Y Insurance Straight 32,950 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-29
Maturity Price : 24.43
Evaluated at bid price : 24.81
Bid-YTW : 4.55 %
CM.PR.R FixedReset Prem 32,235 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-07-31
Maturity Price : 25.00
Evaluated at bid price : 25.40
Bid-YTW : 2.29 %
TRP.PR.K FixedReset Prem 28,199 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-05-31
Maturity Price : 25.00
Evaluated at bid price : 25.55
Bid-YTW : 2.57 %
There were 57 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
PWF.PR.H Perpetual-Premium Quote: 26.00 – 27.00
Spot Rate : 1.0000
Average : 0.5782

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-11-28
Maturity Price : 25.00
Evaluated at bid price : 26.00
Bid-YTW : -38.20 %
BAM.PR.X FixedReset Disc Quote: 18.27 – 18.99
Spot Rate : 0.7200
Average : 0.4732

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-29
Maturity Price : 18.27
Evaluated at bid price : 18.27
Bid-YTW : 4.32 %
MFC.PR.I FixedReset Ins Non Quote: 25.20 – 25.72
Spot Rate : 0.5200
Average : 0.3503

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-09-19
Maturity Price : 25.00
Evaluated at bid price : 25.20
Bid-YTW : 4.01 %
GWO.PR.T Insurance Straight Quote: 26.25 – 26.75
Spot Rate : 0.5000
Average : 0.3454

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-06-30
Maturity Price : 25.75
Evaluated at bid price : 26.25
Bid-YTW : 4.07 %
BIP.PR.F FixedReset Prem Quote: 26.00 – 26.45
Spot Rate : 0.4500
Average : 0.2955

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-12-31
Maturity Price : 25.00
Evaluated at bid price : 26.00
Bid-YTW : 3.39 %
BAM.PF.J FixedReset Prem Quote: 25.75 – 26.14
Spot Rate : 0.3900
Average : 0.2407

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-12-31
Maturity Price : 25.00
Evaluated at bid price : 25.75
Bid-YTW : 2.49 %
Market Action

October 28, 2021

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 -0.2615 % 2,831.9
FixedFloater 0.00 % 0.00 % 0 0.00 0 -0.2615 % 5,196.5
Floater 3.07 % 3.08 % 65,251 19.51 3 -0.2615 % 2,994.8
OpRet 0.00 % 0.00 % 0 0.00 0 0.0766 % 3,731.3
SplitShare 4.59 % 4.17 % 52,753 3.87 5 0.0766 % 4,456.0
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.0766 % 3,476.7
Perpetual-Premium 5.08 % -4.86 % 54,274 0.09 32 -0.0245 % 3,271.4
Perpetual-Discount 4.74 % 4.61 % 2,500,241 16.16 2 0.2056 % 3,845.7
FixedReset Disc 3.80 % 3.75 % 110,151 17.16 40 0.1102 % 2,922.6
Insurance Straight 4.94 % 4.49 % 80,131 3.53 20 -0.3451 % 3,677.2
FloatingReset 2.54 % 2.81 % 24,661 20.20 2 -0.5947 % 2,848.9
FixedReset Prem 4.69 % 2.91 % 126,274 1.49 31 -0.1074 % 2,762.1
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.1102 % 2,987.5
FixedReset Ins Non 4.04 % 3.70 % 98,154 17.24 19 -0.3756 % 2,980.6
Performance Highlights
Issue Index Change Notes
MFC.PR.F FixedReset Ins Non -7.73 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-28
Maturity Price : 17.20
Evaluated at bid price : 17.20
Bid-YTW : 3.90 %
TRP.PR.E FixedReset Disc -3.94 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-28
Maturity Price : 21.43
Evaluated at bid price : 21.43
Bid-YTW : 4.34 %
BAM.PR.B Floater -1.82 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-28
Maturity Price : 14.00
Evaluated at bid price : 14.00
Bid-YTW : 3.08 %
SLF.PR.E Insurance Straight -1.77 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-28
Maturity Price : 24.16
Evaluated at bid price : 24.42
Bid-YTW : 4.64 %
SLF.PR.C Insurance Straight -1.64 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-28
Maturity Price : 24.23
Evaluated at bid price : 24.53
Bid-YTW : 4.56 %
GWO.PR.S Insurance Straight -1.47 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-06-30
Maturity Price : 25.00
Evaluated at bid price : 25.42
Bid-YTW : 4.49 %
TRP.PR.F FloatingReset -1.40 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-28
Maturity Price : 18.25
Evaluated at bid price : 18.25
Bid-YTW : 2.81 %
RY.PR.M FixedReset Disc -1.38 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-11-24
Maturity Price : 25.00
Evaluated at bid price : 24.26
Bid-YTW : 3.75 %
BNS.PR.I FixedReset Prem -1.25 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-28
Maturity Price : 23.64
Evaluated at bid price : 25.33
Bid-YTW : 3.73 %
BAM.PR.X FixedReset Disc 1.64 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-28
Maturity Price : 18.60
Evaluated at bid price : 18.60
Bid-YTW : 4.25 %
PWF.PR.P FixedReset Disc 8.71 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-28
Maturity Price : 18.10
Evaluated at bid price : 18.10
Bid-YTW : 3.80 %
Volume Highlights
Issue Index Shares
Traded		 Notes
RY.PR.H FixedReset Disc 175,900 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-28
Maturity Price : 23.22
Evaluated at bid price : 24.51
Bid-YTW : 3.58 %
MFC.PR.B Insurance Straight 101,903 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-28
Maturity Price : 24.70
Evaluated at bid price : 24.98
Bid-YTW : 4.69 %
GWO.PR.Y Insurance Straight 85,250 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-28
Maturity Price : 24.44
Evaluated at bid price : 24.83
Bid-YTW : 4.55 %
GWO.PR.S Insurance Straight 84,000 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-06-30
Maturity Price : 25.00
Evaluated at bid price : 25.42
Bid-YTW : 4.49 %
PWF.PR.R Perpetual-Premium 65,810 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-11-27
Maturity Price : 25.00
Evaluated at bid price : 25.41
Bid-YTW : -14.33 %
SLF.PR.C Insurance Straight 51,100 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-28
Maturity Price : 24.23
Evaluated at bid price : 24.53
Bid-YTW : 4.56 %
There were 25 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
MFC.PR.F FixedReset Ins Non Quote: 17.20 – 18.82
Spot Rate : 1.6200
Average : 1.1117

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-28
Maturity Price : 17.20
Evaluated at bid price : 17.20
Bid-YTW : 3.90 %
BIP.PR.E FixedReset Prem Quote: 25.40 – 26.21
Spot Rate : 0.8100
Average : 0.4822

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.40
Bid-YTW : 4.15 %
CU.PR.E Perpetual-Premium Quote: 25.12 – 25.90
Spot Rate : 0.7800
Average : 0.4586

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-28
Maturity Price : 24.89
Evaluated at bid price : 25.12
Bid-YTW : 4.94 %
SLF.PR.E Insurance Straight Quote: 24.42 – 25.20
Spot Rate : 0.7800
Average : 0.4871

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-28
Maturity Price : 24.16
Evaluated at bid price : 24.42
Bid-YTW : 4.64 %
BAM.PR.R FixedReset Disc Quote: 20.94 – 21.94
Spot Rate : 1.0000
Average : 0.7665

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-28
Maturity Price : 20.94
Evaluated at bid price : 20.94
Bid-YTW : 4.27 %
TRP.PR.E FixedReset Disc Quote: 21.43 – 22.34
Spot Rate : 0.9100
Average : 0.7124

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-28
Maturity Price : 21.43
Evaluated at bid price : 21.43
Bid-YTW : 4.34 %
Market Action

October 27, 2021

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 1.2518 % 2,839.4
FixedFloater 0.00 % 0.00 % 0 0.00 0 1.2518 % 5,210.1
Floater 3.06 % 3.10 % 61,562 19.46 3 1.2518 % 3,002.6
OpRet 0.00 % 0.00 % 0 0.00 0 0.0843 % 3,728.4
SplitShare 4.60 % 4.22 % 54,931 3.88 5 0.0843 % 4,452.5
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.0843 % 3,474.1
Perpetual-Premium 5.08 % -2.88 % 54,390 0.09 32 -0.1347 % 3,272.2
Perpetual-Discount 4.75 % 4.61 % 2,540,201 16.17 2 -0.8357 % 3,837.8
FixedReset Disc 3.80 % 3.77 % 110,840 17.16 40 0.2888 % 2,919.4
Insurance Straight 4.92 % 4.26 % 76,922 3.53 20 -0.1850 % 3,689.9
FloatingReset 2.53 % 2.77 % 25,629 20.31 2 1.1748 % 2,866.0
FixedReset Prem 4.69 % 2.94 % 127,371 1.49 31 0.0662 % 2,765.0
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.2888 % 2,984.2
FixedReset Ins Non 4.03 % 3.67 % 91,464 17.19 19 -0.0536 % 2,991.8
Performance Highlights
Issue Index Change Notes
PWF.PR.P FixedReset Disc -7.76 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 16.65
Evaluated at bid price : 16.65
Bid-YTW : 4.12 %
ELF.PR.G Perpetual-Discount -1.75 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 23.93
Evaluated at bid price : 24.17
Bid-YTW : 4.94 %
GWO.PR.N FixedReset Ins Non -1.59 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 16.73
Evaluated at bid price : 16.73
Bid-YTW : 3.69 %
RY.PR.P Perpetual-Premium -1.45 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-24
Maturity Price : 25.75
Evaluated at bid price : 25.90
Bid-YTW : 2.13 %
BAM.PR.X FixedReset Disc -1.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 18.30
Evaluated at bid price : 18.30
Bid-YTW : 4.31 %
BIP.PR.A FixedReset Disc 1.01 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-06-30
Maturity Price : 25.00
Evaluated at bid price : 25.05
Bid-YTW : 4.03 %
TRP.PR.A FixedReset Disc 1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 19.80
Evaluated at bid price : 19.80
Bid-YTW : 4.21 %
MFC.PR.F FixedReset Ins Non 1.19 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 18.64
Evaluated at bid price : 18.64
Bid-YTW : 3.60 %
FTS.PR.H FixedReset Disc 1.34 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 16.60
Evaluated at bid price : 16.60
Bid-YTW : 3.99 %
RY.PR.M FixedReset Disc 1.40 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-11-24
Maturity Price : 25.00
Evaluated at bid price : 24.60
Bid-YTW : 3.38 %
SLF.PR.J FloatingReset 1.82 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 16.80
Evaluated at bid price : 16.80
Bid-YTW : 2.29 %
FTS.PR.K FixedReset Disc 1.89 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 21.70
Evaluated at bid price : 22.16
Bid-YTW : 3.92 %
TRP.PR.B FixedReset Disc 1.90 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 14.49
Evaluated at bid price : 14.49
Bid-YTW : 4.25 %
TRP.PR.E FixedReset Disc 2.29 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 21.98
Evaluated at bid price : 22.31
Bid-YTW : 4.14 %
BAM.PR.R FixedReset Disc 2.72 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 20.75
Evaluated at bid price : 20.75
Bid-YTW : 4.31 %
BAM.PR.B Floater 3.71 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 14.26
Evaluated at bid price : 14.26
Bid-YTW : 3.02 %
Volume Highlights
Issue Index Shares
Traded		 Notes
GWO.PR.Y Insurance Straight 145,425 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 24.38
Evaluated at bid price : 24.76
Bid-YTW : 4.56 %
RY.PR.J FixedReset Disc 88,806 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-05-24
Maturity Price : 25.00
Evaluated at bid price : 24.95
Bid-YTW : 3.20 %
PWF.PF.A Perpetual-Discount 77,023 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 24.10
Evaluated at bid price : 24.48
Bid-YTW : 4.61 %
RY.PR.H FixedReset Disc 64,942 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 23.19
Evaluated at bid price : 24.43
Bid-YTW : 3.60 %
RY.PR.P Perpetual-Premium 50,702 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-24
Maturity Price : 25.75
Evaluated at bid price : 25.90
Bid-YTW : 2.13 %
TD.PF.I FixedReset Prem 46,992 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-10-31
Maturity Price : 25.00
Evaluated at bid price : 25.61
Bid-YTW : 2.01 %
There were 19 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
PWF.PR.P FixedReset Disc Quote: 16.65 – 18.10
Spot Rate : 1.4500
Average : 0.9926

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 16.65
Evaluated at bid price : 16.65
Bid-YTW : 4.12 %
BAM.PR.K Floater Quote: 13.90 – 14.57
Spot Rate : 0.6700
Average : 0.4168

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 13.90
Evaluated at bid price : 13.90
Bid-YTW : 3.10 %
BAM.PR.C Floater Quote: 13.90 – 14.39
Spot Rate : 0.4900
Average : 0.3050

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 13.90
Evaluated at bid price : 13.90
Bid-YTW : 3.10 %
ELF.PR.G Perpetual-Discount Quote: 24.17 – 24.65
Spot Rate : 0.4800
Average : 0.3113

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 23.93
Evaluated at bid price : 24.17
Bid-YTW : 4.94 %
PWF.PR.T FixedReset Disc Quote: 24.51 – 24.80
Spot Rate : 0.2900
Average : 0.1815

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 23.33
Evaluated at bid price : 24.51
Bid-YTW : 3.77 %
SLF.PR.H FixedReset Ins Non Quote: 22.90 – 23.35
Spot Rate : 0.4500
Average : 0.3450

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-10-27
Maturity Price : 22.22
Evaluated at bid price : 22.90
Bid-YTW : 3.67 %