Category: Market Action

Market Action

November 15, 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 2.9288 % 2,965.6
FixedFloater 0.00 % 0.00 % 0 0.00 0 2.9288 % 5,441.7
Floater 2.93 % 2.96 % 80,670 19.79 3 2.9288 % 3,136.1
OpRet 0.00 % 0.00 % 0 0.00 0 0.2318 % 3,704.6
SplitShare 4.63 % 4.28 % 57,091 3.82 5 0.2318 % 4,424.1
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.2318 % 3,451.8
Perpetual-Premium 5.08 % -4.89 % 52,254 0.09 32 -0.1113 % 3,277.2
Perpetual-Discount 4.71 % 4.59 % 2,017,802 16.17 2 -0.2032 % 3,874.9
FixedReset Disc 3.77 % 3.85 % 116,367 16.99 40 0.2472 % 2,944.9
Insurance Straight 4.92 % 4.51 % 93,546 3.47 20 -0.1280 % 3,691.1
FloatingReset 2.43 % 2.73 % 26,310 20.40 2 1.6343 % 2,978.0
FixedReset Prem 4.70 % 2.75 % 119,616 1.77 30 -0.0285 % 2,754.2
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.2472 % 3,010.3
FixedReset Ins Non 4.01 % 3.72 % 92,798 16.93 19 -0.1711 % 3,005.8
Performance Highlights
Issue Index Change Notes
PWF.PR.P FixedReset Disc -1.51 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 18.22
Evaluated at bid price : 18.22
Bid-YTW : 3.94 %
PWF.PR.L Perpetual-Premium -1.36 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-15
Maturity Price : 25.00
Evaluated at bid price : 25.35
Bid-YTW : -9.09 %
MFC.PR.N FixedReset Ins Non -1.32 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 22.93
Evaluated at bid price : 24.00
Bid-YTW : 3.89 %
TRP.PR.E FixedReset Disc -1.19 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 21.27
Evaluated at bid price : 21.55
Bid-YTW : 4.44 %
IFC.PR.A FixedReset Ins Non -1.18 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 21.39
Evaluated at bid price : 21.70
Bid-YTW : 3.72 %
IFC.PR.F Insurance Straight -1.10 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-09-30
Maturity Price : 25.25
Evaluated at bid price : 26.10
Bid-YTW : 4.51 %
BAM.PR.N Perpetual-Premium -1.07 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 24.62
Evaluated at bid price : 24.88
Bid-YTW : 4.82 %
TRP.PR.G FixedReset Disc 1.16 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-11-30
Maturity Price : 25.00
Evaluated at bid price : 24.42
Bid-YTW : 3.96 %
FTS.PR.H FixedReset Disc 1.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 17.57
Evaluated at bid price : 17.57
Bid-YTW : 3.94 %
BAM.PR.C Floater 1.25 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 14.53
Evaluated at bid price : 14.53
Bid-YTW : 2.97 %
BAM.PR.B Floater 1.51 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 14.80
Evaluated at bid price : 14.80
Bid-YTW : 2.92 %
CU.PR.C FixedReset Disc 1.73 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 22.82
Evaluated at bid price : 23.55
Bid-YTW : 4.07 %
TRP.PR.B FixedReset Disc 1.93 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 14.79
Evaluated at bid price : 14.79
Bid-YTW : 4.37 %
TRP.PR.F FloatingReset 2.84 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 18.83
Evaluated at bid price : 18.83
Bid-YTW : 2.73 %
TRP.PR.D FixedReset Disc 5.34 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 22.03
Evaluated at bid price : 22.30
Bid-YTW : 4.35 %
BAM.PR.K Floater 6.18 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 14.60
Evaluated at bid price : 14.60
Bid-YTW : 2.96 %
Volume Highlights
Issue Index Shares
Traded		 Notes
RY.PR.H FixedReset Disc 32,821 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 23.28
Evaluated at bid price : 24.63
Bid-YTW : 3.69 %
TD.PF.A FixedReset Disc 28,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 23.17
Evaluated at bid price : 24.43
Bid-YTW : 3.73 %
PWF.PF.A Perpetual-Discount 27,517 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 24.23
Evaluated at bid price : 24.62
Bid-YTW : 4.59 %
CM.PR.Q FixedReset Disc 23,700 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-07-31
Maturity Price : 25.00
Evaluated at bid price : 24.75
Bid-YTW : 3.49 %
RY.PR.Z FixedReset Disc 22,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 23.26
Evaluated at bid price : 24.46
Bid-YTW : 3.69 %
TD.PF.J FixedReset Prem 15,200 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-04-30
Maturity Price : 25.00
Evaluated at bid price : 25.45
Bid-YTW : 3.56 %
There were 10 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
IFC.PR.G FixedReset Ins Non Quote: 25.21 – 25.75
Spot Rate : 0.5400
Average : 0.3677

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 23.77
Evaluated at bid price : 25.21
Bid-YTW : 4.02 %
BAM.PR.B Floater Quote: 14.80 – 15.50
Spot Rate : 0.7000
Average : 0.5478

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 14.80
Evaluated at bid price : 14.80
Bid-YTW : 2.92 %
MFC.PR.N FixedReset Ins Non Quote: 24.00 – 24.45
Spot Rate : 0.4500
Average : 0.3059

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 22.93
Evaluated at bid price : 24.00
Bid-YTW : 3.89 %
IFC.PR.E Insurance Straight Quote: 26.30 – 26.99
Spot Rate : 0.6900
Average : 0.5501

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-06-30
Maturity Price : 25.75
Evaluated at bid price : 26.30
Bid-YTW : 4.12 %
PWF.PR.P FixedReset Disc Quote: 18.22 – 19.00
Spot Rate : 0.7800
Average : 0.6425

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-15
Maturity Price : 18.22
Evaluated at bid price : 18.22
Bid-YTW : 3.94 %
PWF.PR.L Perpetual-Premium Quote: 25.35 – 25.75
Spot Rate : 0.4000
Average : 0.2724

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-15
Maturity Price : 25.00
Evaluated at bid price : 25.35
Bid-YTW : -9.09 %
Market Action

November 12, 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 0.1878 % 2,881.2
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.1878 % 5,286.9
Floater 3.01 % 3.01 % 79,551 19.67 3 0.1878 % 3,046.9
OpRet 0.00 % 0.00 % 0 0.00 0 -0.2005 % 3,696.0
SplitShare 4.64 % 4.30 % 58,000 3.83 5 -0.2005 % 4,413.8
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.2005 % 3,443.8
Perpetual-Premium 5.07 % -3.99 % 52,246 0.09 32 0.1028 % 3,280.8
Perpetual-Discount 4.70 % 4.59 % 2,045,606 16.18 2 0.0406 % 3,882.8
FixedReset Disc 3.78 % 3.85 % 117,274 17.00 40 -0.2336 % 2,937.6
Insurance Straight 4.91 % 3.46 % 92,581 0.62 20 0.0986 % 3,695.8
FloatingReset 2.47 % 2.80 % 27,337 20.20 2 1.1204 % 2,930.1
FixedReset Prem 4.70 % 2.78 % 121,159 1.94 30 -0.0685 % 2,755.0
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 -0.2336 % 3,002.8
FixedReset Ins Non 4.00 % 3.72 % 92,362 16.98 19 -0.0666 % 3,011.0
Performance Highlights
Issue Index Change Notes
TRP.PR.D FixedReset Disc -5.91 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-12
Maturity Price : 21.17
Evaluated at bid price : 21.17
Bid-YTW : 4.60 %
CU.PR.C FixedReset Disc -1.49 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-12
Maturity Price : 22.33
Evaluated at bid price : 23.15
Bid-YTW : 4.13 %
BIP.PR.A FixedReset Disc -1.41 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-06-30
Maturity Price : 25.00
Evaluated at bid price : 24.55
Bid-YTW : 4.69 %
TD.PF.K FixedReset Prem -1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-12
Maturity Price : 23.68
Evaluated at bid price : 25.25
Bid-YTW : 4.01 %
TRP.PR.F FloatingReset 1.72 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-12
Maturity Price : 18.31
Evaluated at bid price : 18.31
Bid-YTW : 2.80 %
CU.PR.F Perpetual-Premium 2.29 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-12
Maturity Price : 24.28
Evaluated at bid price : 24.55
Bid-YTW : 4.58 %
Volume Highlights
Issue Index Shares
Traded		 Notes
RY.PR.H FixedReset Disc 141,494 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-12
Maturity Price : 23.23
Evaluated at bid price : 24.51
Bid-YTW : 3.72 %
SLF.PR.J FloatingReset 124,100 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-12
Maturity Price : 17.79
Evaluated at bid price : 17.79
Bid-YTW : 2.16 %
NA.PR.W FixedReset Disc 49,089 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-12
Maturity Price : 23.21
Evaluated at bid price : 24.65
Bid-YTW : 3.71 %
PWF.PR.S Perpetual-Premium 33,200 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-04-30
Maturity Price : 25.00
Evaluated at bid price : 25.15
Bid-YTW : 3.80 %
PWF.PR.P FixedReset Disc 23,500 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-12
Maturity Price : 18.50
Evaluated at bid price : 18.50
Bid-YTW : 3.88 %
RY.PR.Z FixedReset Disc 23,254 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-12
Maturity Price : 23.25
Evaluated at bid price : 24.45
Bid-YTW : 3.69 %
There were 12 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
TRP.PR.D FixedReset Disc Quote: 21.17 – 22.54
Spot Rate : 1.3700
Average : 0.7556

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-12
Maturity Price : 21.17
Evaluated at bid price : 21.17
Bid-YTW : 4.60 %
CU.PR.I FixedReset Prem Quote: 26.70 – 27.49
Spot Rate : 0.7900
Average : 0.5131

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-01
Maturity Price : 25.00
Evaluated at bid price : 26.70
Bid-YTW : 2.67 %
IFC.PR.I Perpetual-Premium Quote: 26.64 – 27.70
Spot Rate : 1.0600
Average : 0.8846

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2029-03-31
Maturity Price : 25.00
Evaluated at bid price : 26.64
Bid-YTW : 4.48 %
FTS.PR.F Perpetual-Premium Quote: 25.61 – 26.10
Spot Rate : 0.4900
Average : 0.3226

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-12
Maturity Price : 25.00
Evaluated at bid price : 25.61
Bid-YTW : -12.41 %
BAM.PR.K Floater Quote: 13.75 – 15.00
Spot Rate : 1.2500
Average : 1.1150

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-12
Maturity Price : 13.75
Evaluated at bid price : 13.75
Bid-YTW : 3.14 %
TD.PF.E FixedReset Disc Quote: 25.00 – 25.35
Spot Rate : 0.3500
Average : 0.2464

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-10-31
Maturity Price : 25.00
Evaluated at bid price : 25.00
Bid-YTW : 3.28 %
Market Action

November 11, 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 -0.7918 % 2,875.8
FixedFloater 0.00 % 0.00 % 0 0.00 0 -0.7918 % 5,277.0
Floater 3.02 % 3.01 % 79,950 19.67 3 -0.7918 % 3,041.2
OpRet 0.00 % 0.00 % 0 0.00 0 0.0077 % 3,703.4
SplitShare 4.63 % 4.23 % 60,407 3.84 5 0.0077 % 4,422.7
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.0077 % 3,450.8
Perpetual-Premium 5.08 % -4.15 % 53,567 0.09 32 0.0331 % 3,277.4
Perpetual-Discount 4.70 % 4.85 % 33,709 15.73 2 0.1221 % 3,881.2
FixedReset Disc 3.77 % 3.73 % 114,456 17.11 40 0.0671 % 2,944.5
Insurance Straight 4.92 % 4.09 % 91,566 1.55 20 0.0434 % 3,692.2
FloatingReset 2.51 % 2.87 % 26,510 20.04 2 -1.1080 % 2,897.6
FixedReset Prem 4.70 % 2.86 % 123,117 1.87 30 -0.0530 % 2,756.9
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.0671 % 3,009.9
FixedReset Ins Non 4.00 % 3.64 % 91,816 17.15 19 0.0867 % 3,013.0
Performance Highlights
Issue Index Change Notes
BAM.PR.K Floater -3.44 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-11
Maturity Price : 13.75
Evaluated at bid price : 13.75
Bid-YTW : 3.14 %
TRP.PR.F FloatingReset -3.23 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-11
Maturity Price : 18.00
Evaluated at bid price : 18.00
Bid-YTW : 2.87 %
CU.PR.F Perpetual-Premium -1.68 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-11
Maturity Price : 23.75
Evaluated at bid price : 24.00
Bid-YTW : 4.68 %
CM.PR.Y FixedReset Prem -1.01 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-07-31
Maturity Price : 25.00
Evaluated at bid price : 26.43
Bid-YTW : 3.04 %
BAM.PR.C Floater 1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-11
Maturity Price : 14.35
Evaluated at bid price : 14.35
Bid-YTW : 3.01 %
SLF.PR.J FloatingReset 1.14 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-11
Maturity Price : 17.70
Evaluated at bid price : 17.70
Bid-YTW : 2.19 %
BIP.PR.A FixedReset Disc 1.22 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-06-30
Maturity Price : 25.00
Evaluated at bid price : 24.90
Bid-YTW : 4.26 %
PWF.PR.T FixedReset Disc 1.42 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-11
Maturity Price : 23.53
Evaluated at bid price : 25.00
Bid-YTW : 3.73 %
IFC.PR.A FixedReset Ins Non 1.52 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-11
Maturity Price : 21.63
Evaluated at bid price : 22.03
Bid-YTW : 3.57 %
BAM.PF.E FixedReset Disc 2.48 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-11
Maturity Price : 21.97
Evaluated at bid price : 22.34
Bid-YTW : 4.36 %
Volume Highlights
Issue Index Shares
Traded		 Notes
PWF.PF.A Perpetual-Discount 54,100 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-11
Maturity Price : 24.16
Evaluated at bid price : 24.55
Bid-YTW : 4.60 %
CM.PR.O FixedReset Disc 32,595 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-11
Maturity Price : 23.31
Evaluated at bid price : 24.67
Bid-YTW : 3.69 %
TRP.PR.F FloatingReset 25,800 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-11
Maturity Price : 18.00
Evaluated at bid price : 18.00
Bid-YTW : 2.87 %
GWO.PR.F Insurance Straight 24,850 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-11
Maturity Price : 25.00
Evaluated at bid price : 25.32
Bid-YTW : -1.40 %
IFC.PR.G FixedReset Ins Non 23,648 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-11
Maturity Price : 23.85
Evaluated at bid price : 25.47
Bid-YTW : 3.89 %
BMO.PR.C FixedReset Prem 22,100 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-05-25
Maturity Price : 25.00
Evaluated at bid price : 25.27
Bid-YTW : 2.13 %
There were 8 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
CU.PR.C FixedReset Disc Quote: 23.50 – 24.97
Spot Rate : 1.4700
Average : 0.9059

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-11
Maturity Price : 22.78
Evaluated at bid price : 23.50
Bid-YTW : 3.99 %
TRP.PR.F FloatingReset Quote: 18.00 – 18.87
Spot Rate : 0.8700
Average : 0.5708

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-11
Maturity Price : 18.00
Evaluated at bid price : 18.00
Bid-YTW : 2.87 %
BAM.PR.K Floater Quote: 13.75 – 15.00
Spot Rate : 1.2500
Average : 0.9671

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-11
Maturity Price : 13.75
Evaluated at bid price : 13.75
Bid-YTW : 3.14 %
BAM.PR.B Floater Quote: 14.50 – 15.50
Spot Rate : 1.0000
Average : 0.7218

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-11
Maturity Price : 14.50
Evaluated at bid price : 14.50
Bid-YTW : 2.98 %
BAM.PR.R FixedReset Disc Quote: 21.29 – 22.00
Spot Rate : 0.7100
Average : 0.4845

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-11
Maturity Price : 21.29
Evaluated at bid price : 21.29
Bid-YTW : 4.26 %
IFC.PR.I Perpetual-Premium Quote: 26.80 – 27.70
Spot Rate : 0.9000
Average : 0.6922

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2027-03-31
Maturity Price : 25.50
Evaluated at bid price : 26.80
Bid-YTW : 4.38 %
Market Action

November 10, 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 1.3453 % 2,898.8
FixedFloater 0.00 % 0.00 % 0 0.00 0 1.3453 % 5,319.1
Floater 3.00 % 3.03 % 82,801 19.61 3 1.3453 % 3,065.4
OpRet 0.00 % 0.00 % 0 0.00 0 0.1777 % 3,703.2
SplitShare 4.63 % 4.27 % 59,444 3.84 5 0.1777 % 4,422.4
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.1777 % 3,450.5
Perpetual-Premium 5.08 % -4.73 % 53,859 0.09 32 0.0380 % 3,276.3
Perpetual-Discount 4.71 % 4.59 % 2,134,216 16.18 2 -0.1016 % 3,876.5
FixedReset Disc 3.77 % 3.78 % 116,327 17.14 40 0.0823 % 2,942.5
Insurance Straight 4.92 % 4.09 % 91,944 1.56 20 0.0375 % 3,690.6
FloatingReset 2.49 % 2.77 % 24,524 20.28 2 0.1387 % 2,930.1
FixedReset Prem 4.69 % 2.93 % 124,974 1.87 30 -0.0207 % 2,758.4
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.0823 % 3,007.8
FixedReset Ins Non 4.00 % 3.64 % 92,087 17.13 19 0.9059 % 3,010.4
Performance Highlights
Issue Index Change Notes
FTS.PR.H FixedReset Disc -1.69 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-10
Maturity Price : 17.45
Evaluated at bid price : 17.45
Bid-YTW : 3.87 %
FTS.PR.G FixedReset Disc -1.22 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-10
Maturity Price : 23.13
Evaluated at bid price : 23.50
Bid-YTW : 3.88 %
CU.PR.G Perpetual-Premium -1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-10
Maturity Price : 24.00
Evaluated at bid price : 24.30
Bid-YTW : 4.62 %
RY.PR.M FixedReset Disc 1.03 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-11-24
Maturity Price : 25.00
Evaluated at bid price : 24.50
Bid-YTW : 3.52 %
CU.PR.F Perpetual-Premium 1.71 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-10
Maturity Price : 24.15
Evaluated at bid price : 24.41
Bid-YTW : 4.60 %
PWF.PR.P FixedReset Disc 1.97 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-10
Maturity Price : 18.61
Evaluated at bid price : 18.61
Bid-YTW : 3.78 %
BAM.PR.K Floater 3.56 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-10
Maturity Price : 14.24
Evaluated at bid price : 14.24
Bid-YTW : 3.03 %
MFC.PR.F FixedReset Ins Non 25.33 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-10
Maturity Price : 18.80
Evaluated at bid price : 18.80
Bid-YTW : 3.64 %
Volume Highlights
Issue Index Shares
Traded		 Notes
MFC.PR.F FixedReset Ins Non 113,692 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-10
Maturity Price : 18.80
Evaluated at bid price : 18.80
Bid-YTW : 3.64 %
PWF.PF.A Perpetual-Discount 80,200 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-10
Maturity Price : 24.23
Evaluated at bid price : 24.62
Bid-YTW : 4.59 %
TD.PF.C FixedReset Disc 71,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-10
Maturity Price : 23.21
Evaluated at bid price : 24.63
Bid-YTW : 3.66 %
GWO.PR.F Insurance Straight 55,589 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-10
Maturity Price : 25.00
Evaluated at bid price : 25.32
Bid-YTW : -1.60 %
BAM.PR.R FixedReset Disc 35,500 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-10
Maturity Price : 21.28
Evaluated at bid price : 21.28
Bid-YTW : 4.27 %
RY.PR.H FixedReset Disc 33,556 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-10
Maturity Price : 23.20
Evaluated at bid price : 24.44
Bid-YTW : 3.66 %
There were 19 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
NA.PR.S FixedReset Disc Quote: 25.10 – 25.79
Spot Rate : 0.6900
Average : 0.4041

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-10
Maturity Price : 23.50
Evaluated at bid price : 25.10
Bid-YTW : 3.71 %
BAM.PF.F FixedReset Disc Quote: 24.45 – 24.84
Spot Rate : 0.3900
Average : 0.2465

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-10
Maturity Price : 23.19
Evaluated at bid price : 24.45
Bid-YTW : 4.29 %
IFC.PR.E Insurance Straight Quote: 26.30 – 26.94
Spot Rate : 0.6400
Average : 0.5008

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-06-30
Maturity Price : 25.75
Evaluated at bid price : 26.30
Bid-YTW : 4.09 %
BAM.PF.E FixedReset Disc Quote: 21.80 – 22.75
Spot Rate : 0.9500
Average : 0.8208

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-10
Maturity Price : 21.45
Evaluated at bid price : 21.80
Bid-YTW : 4.47 %
SLF.PR.H FixedReset Ins Non Quote: 23.12 – 23.65
Spot Rate : 0.5300
Average : 0.4013

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-10
Maturity Price : 22.35
Evaluated at bid price : 23.12
Bid-YTW : 3.68 %
FTS.PR.G FixedReset Disc Quote: 23.50 – 23.84
Spot Rate : 0.3400
Average : 0.2198

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-11-10
Maturity Price : 23.13
Evaluated at bid price : 23.50
Bid-YTW : 3.88 %
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 %

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