Category: Market Action

Market Action

January 18, 2022

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices
Values are provisional and are finalized monthly
Index Mean
Current
Yield
(at bid)		 Median
YTW		 Median
Average
Trading
Value		 Median
Mod Dur
(YTW)		 Issues Day’s Perf. Index Value
Ratchet 3.03 % 3.50 % 40,891 20.06 1 -0.2956 % 2,883.3
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.8613 % 5,367.4
Floater 2.97 % 2.97 % 49,880 19.80 3 0.8613 % 3,093.3
OpRet 0.00 % 0.00 % 0 0.00 0 -0.0326 % 3,653.7
SplitShare 4.70 % 4.40 % 30,559 3.56 6 -0.0326 % 4,363.3
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.0326 % 3,404.4
Perpetual-Premium 5.15 % -8.83 % 51,043 0.09 24 -0.1303 % 3,257.3
Perpetual-Discount 4.69 % 4.78 % 51,618 15.83 7 -0.1332 % 3,878.3
FixedReset Disc 3.95 % 4.03 % 114,282 16.77 46 1.1689 % 2,875.9
Insurance Straight 4.87 % 4.38 % 81,146 0.44 17 -0.0117 % 3,672.6
FloatingReset 2.67 % 2.99 % 39,191 19.75 2 0.7826 % 2,926.8
FixedReset Prem 4.73 % 2.98 % 106,107 1.75 25 0.0483 % 2,731.6
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 1.1689 % 2,939.7
FixedReset Ins Non 4.06 % 3.81 % 68,666 16.92 17 0.2655 % 2,993.5
Performance Highlights
Issue Index Change Notes
TD.PF.E FixedReset Disc -2.87 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-18
Maturity Price : 22.91
Evaluated at bid price : 24.07
Bid-YTW : 4.29 %
RY.PR.P Perpetual-Premium -1.77 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-24
Maturity Price : 25.75
Evaluated at bid price : 26.06
Bid-YTW : 0.78 %
RS.PR.A SplitShare -1.51 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-12-31
Maturity Price : 10.00
Evaluated at bid price : 10.45
Bid-YTW : 4.05 %
CU.PR.C FixedReset Disc -1.44 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-18
Maturity Price : 22.40
Evaluated at bid price : 23.25
Bid-YTW : 4.24 %
GWO.PR.S Insurance Straight -1.16 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-06-30
Maturity Price : 25.25
Evaluated at bid price : 25.50
Bid-YTW : 3.56 %
BIP.PR.A FixedReset Disc 1.02 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-06-30
Maturity Price : 25.00
Evaluated at bid price : 24.75
Bid-YTW : 4.37 %
MFC.PR.F FixedReset Ins Non 1.19 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-18
Maturity Price : 18.72
Evaluated at bid price : 18.72
Bid-YTW : 3.82 %
TRP.PR.F FloatingReset 1.22 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-18
Maturity Price : 18.30
Evaluated at bid price : 18.30
Bid-YTW : 2.99 %
BAM.PR.C Floater 1.34 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-18
Maturity Price : 14.35
Evaluated at bid price : 14.35
Bid-YTW : 3.00 %
BAM.PR.T FixedReset Disc 6.19 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-18
Maturity Price : 21.61
Evaluated at bid price : 21.61
Bid-YTW : 4.52 %
RY.PR.M FixedReset Disc 85.92 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-11-24
Maturity Price : 25.00
Evaluated at bid price : 24.30
Bid-YTW : 3.93 %
Volume Highlights
Issue Index Shares
Traded		 Notes
RY.PR.P Perpetual-Premium 30,010 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-24
Maturity Price : 25.75
Evaluated at bid price : 26.06
Bid-YTW : 0.78 %
CU.PR.C FixedReset Disc 25,500 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-18
Maturity Price : 22.40
Evaluated at bid price : 23.25
Bid-YTW : 4.24 %
BMO.PR.T FixedReset Disc 19,939 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-18
Maturity Price : 23.22
Evaluated at bid price : 24.41
Bid-YTW : 3.83 %
BMO.PR.S FixedReset Disc 19,174 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-18
Maturity Price : 23.35
Evaluated at bid price : 24.59
Bid-YTW : 3.91 %
GWO.PR.R Insurance Straight 15,080 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-17
Maturity Price : 25.00
Evaluated at bid price : 25.17
Bid-YTW : -0.59 %
CU.PR.J Perpetual-Premium 14,704 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2031-03-01
Maturity Price : 25.00
Evaluated at bid price : 25.31
Bid-YTW : 4.68 %
There were 5 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
TRP.PR.G FixedReset Disc Quote: 12.50 – 24.55
Spot Rate : 12.0500
Average : 9.4920

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-18
Maturity Price : 12.50
Evaluated at bid price : 12.50
Bid-YTW : 8.51 %
TD.PF.E FixedReset Disc Quote: 24.07 – 24.95
Spot Rate : 0.8800
Average : 0.5845

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-18
Maturity Price : 22.91
Evaluated at bid price : 24.07
Bid-YTW : 4.29 %
SLF.PR.H FixedReset Ins Non Quote: 22.30 – 23.50
Spot Rate : 1.2000
Average : 1.0570

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-18
Maturity Price : 21.86
Evaluated at bid price : 22.30
Bid-YTW : 3.98 %
CU.PR.F Perpetual-Discount Quote: 24.49 – 25.00
Spot Rate : 0.5100
Average : 0.4215

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-18
Maturity Price : 24.19
Evaluated at bid price : 24.49
Bid-YTW : 4.64 %
CU.PR.J Perpetual-Premium Quote: 25.31 – 25.75
Spot Rate : 0.4400
Average : 0.3561

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2031-03-01
Maturity Price : 25.00
Evaluated at bid price : 25.31
Bid-YTW : 4.68 %
MFC.PR.M FixedReset Ins Non Quote: 23.70 – 24.40
Spot Rate : 0.7000
Average : 0.6180

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-18
Maturity Price : 22.84
Evaluated at bid price : 23.70
Bid-YTW : 4.09 %
Market Action

January 17, 2022

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices
Values are provisional and are finalized monthly
Index Mean
Current
Yield
(at bid)		 Median
YTW		 Median
Average
Trading
Value		 Median
Mod Dur
(YTW)		 Issues Day’s Perf. Index Value
Ratchet 3.02 % 3.48 % 40,930 20.08 1 0.4453 % 2,891.8
FixedFloater 0.00 % 0.00 % 0 0.00 0 -1.0594 % 5,321.6
Floater 2.99 % 2.99 % 51,889 19.75 3 -1.0594 % 3,066.9
OpRet 0.00 % 0.00 % 0 0.00 0 0.0784 % 3,654.9
SplitShare 4.70 % 4.44 % 30,243 3.57 6 0.0784 % 4,364.7
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.0784 % 3,405.5
Perpetual-Premium 5.15 % -15.77 % 50,761 0.09 24 0.1060 % 3,261.6
Perpetual-Discount 4.68 % 4.80 % 52,129 15.78 7 0.1276 % 3,883.4
FixedReset Disc 4.00 % 4.00 % 118,790 16.79 46 -2.0273 % 2,842.6
Insurance Straight 4.87 % 4.21 % 81,216 0.44 17 0.0187 % 3,673.1
FloatingReset 2.69 % 3.03 % 37,804 19.66 2 0.0559 % 2,904.1
FixedReset Prem 4.73 % 3.03 % 107,277 1.75 25 -0.1260 % 2,730.3
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 -2.0273 % 2,905.8
FixedReset Ins Non 4.07 % 3.86 % 70,986 16.92 17 -0.3377 % 2,985.6
Performance Highlights
Issue Index Change Notes
TRP.PR.G FixedReset Disc -48.35 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 12.50
Evaluated at bid price : 12.50
Bid-YTW : 8.51 %
RY.PR.M FixedReset Disc -46.43 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 13.07
Evaluated at bid price : 13.07
Bid-YTW : 7.54 %
BAM.PR.T FixedReset Disc -5.26 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 20.35
Evaluated at bid price : 20.35
Bid-YTW : 4.80 %
SLF.PR.H FixedReset Ins Non -3.00 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 21.87
Evaluated at bid price : 22.31
Bid-YTW : 3.97 %
MFC.PR.F FixedReset Ins Non -2.68 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 18.50
Evaluated at bid price : 18.50
Bid-YTW : 3.86 %
BAM.PR.C Floater -2.07 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 14.16
Evaluated at bid price : 14.16
Bid-YTW : 3.04 %
TRP.PR.B FixedReset Disc -1.42 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 14.55
Evaluated at bid price : 14.55
Bid-YTW : 4.56 %
TD.PF.A FixedReset Disc 1.00 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 23.09
Evaluated at bid price : 24.19
Bid-YTW : 3.84 %
FTS.PR.K FixedReset Disc 1.10 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 21.60
Evaluated at bid price : 22.01
Bid-YTW : 4.16 %
CU.PR.C FixedReset Disc 1.86 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 22.57
Evaluated at bid price : 23.59
Bid-YTW : 4.17 %
BAM.PF.G FixedReset Disc 2.65 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 22.73
Evaluated at bid price : 23.61
Bid-YTW : 4.41 %
BAM.PF.F FixedReset Disc 3.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 23.09
Evaluated at bid price : 24.15
Bid-YTW : 4.49 %
Volume Highlights
Issue Index Shares
Traded		 Notes
GWO.PR.I Insurance Straight 44,600 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 24.21
Evaluated at bid price : 24.50
Bid-YTW : 4.61 %
TD.PF.J FixedReset Prem 19,050 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-04-30
Maturity Price : 25.00
Evaluated at bid price : 25.50
Bid-YTW : 2.96 %
BAM.PF.C Perpetual-Premium 16,538 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 24.79
Evaluated at bid price : 25.02
Bid-YTW : 4.88 %
TD.PF.E FixedReset Disc 15,900 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-10-31
Maturity Price : 25.00
Evaluated at bid price : 24.78
Bid-YTW : 3.47 %
BAM.PR.Z FixedReset Disc 12,850 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-12-31
Maturity Price : 25.00
Evaluated at bid price : 25.15
Bid-YTW : 4.30 %
MFC.PR.Q FixedReset Ins Non 11,508 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 23.83
Evaluated at bid price : 25.19
Bid-YTW : 4.07 %
There were 0 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
RY.PR.M FixedReset Disc Quote: 13.07 – 24.80
Spot Rate : 11.7300
Average : 6.2842

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 13.07
Evaluated at bid price : 13.07
Bid-YTW : 7.54 %
TRP.PR.G FixedReset Disc Quote: 12.50 – 24.50
Spot Rate : 12.0000
Average : 6.6873

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 12.50
Evaluated at bid price : 12.50
Bid-YTW : 8.51 %
FTS.PR.M FixedReset Disc Quote: 23.65 – 24.75
Spot Rate : 1.1000
Average : 0.6277

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 22.82
Evaluated at bid price : 23.65
Bid-YTW : 4.25 %
SLF.PR.H FixedReset Ins Non Quote: 22.31 – 23.50
Spot Rate : 1.1900
Average : 0.9002

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 21.87
Evaluated at bid price : 22.31
Bid-YTW : 3.97 %
MFC.PR.L FixedReset Ins Non Quote: 22.77 – 23.49
Spot Rate : 0.7200
Average : 0.5416

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 22.36
Evaluated at bid price : 22.77
Bid-YTW : 4.10 %
BAM.PR.T FixedReset Disc Quote: 20.35 – 21.60
Spot Rate : 1.2500
Average : 1.0742

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-17
Maturity Price : 20.35
Evaluated at bid price : 20.35
Bid-YTW : 4.80 %
Market Action

January 14, 2022

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices
Values are provisional and are finalized monthly
Index Mean
Current
Yield
(at bid)		 Median
YTW		 Median
Average
Trading
Value		 Median
Mod Dur
(YTW)		 Issues Day’s Perf. Index Value
Ratchet 3.03 % 3.51 % 42,416 20.06 1 -0.4434 % 2,879.0
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.2540 % 5,378.6
Floater 2.96 % 2.98 % 52,156 19.79 3 0.2540 % 3,099.7
OpRet 0.00 % 0.00 % 0 0.00 0 -0.8001 % 3,652.0
SplitShare 4.70 % 4.44 % 31,481 3.58 6 -0.8001 % 4,361.3
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.8001 % 3,402.9
Perpetual-Premium 5.15 % -15.28 % 48,334 0.09 24 -0.0293 % 3,258.1
Perpetual-Discount 4.69 % 4.81 % 49,579 15.78 7 0.2441 % 3,878.5
FixedReset Disc 3.92 % 3.92 % 117,213 16.60 46 0.4444 % 2,901.5
Insurance Straight 4.87 % 4.21 % 82,189 0.45 17 -0.1191 % 3,672.4
FloatingReset 2.69 % 3.02 % 35,551 19.68 2 0.1400 % 2,902.5
FixedReset Prem 4.72 % 2.94 % 108,427 1.72 25 0.0903 % 2,733.8
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.4444 % 2,965.9
FixedReset Ins Non 4.06 % 3.77 % 73,496 16.94 17 0.7490 % 2,995.7
Performance Highlights
Issue Index Change Notes
RS.PR.A SplitShare -3.55 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-12-31
Maturity Price : 10.00
Evaluated at bid price : 10.61
Bid-YTW : 3.61 %
BAM.PF.G FixedReset Disc -2.54 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 22.39
Evaluated at bid price : 23.00
Bid-YTW : 4.55 %
PVS.PR.J SplitShare -1.18 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2028-02-29
Maturity Price : 25.00
Evaluated at bid price : 25.10
Bid-YTW : 4.44 %
TD.PF.A FixedReset Disc -1.03 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 22.98
Evaluated at bid price : 23.95
Bid-YTW : 3.88 %
BAM.PR.Z FixedReset Disc 1.00 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-12-31
Maturity Price : 25.00
Evaluated at bid price : 25.25
Bid-YTW : 3.83 %
TRP.PR.A FixedReset Disc 1.14 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 19.52
Evaluated at bid price : 19.52
Bid-YTW : 4.49 %
IFC.PR.A FixedReset Ins Non 1.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 21.47
Evaluated at bid price : 21.80
Bid-YTW : 3.77 %
TD.PF.D FixedReset Disc 1.43 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-07-31
Maturity Price : 25.00
Evaluated at bid price : 24.75
Bid-YTW : 3.48 %
TRP.PR.B FixedReset Disc 1.79 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 14.76
Evaluated at bid price : 14.76
Bid-YTW : 4.49 %
TRP.PR.C FixedReset Disc 1.84 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 16.60
Evaluated at bid price : 16.60
Bid-YTW : 4.32 %
BAM.PR.T FixedReset Disc 2.29 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 21.48
Evaluated at bid price : 21.48
Bid-YTW : 4.54 %
CU.PR.G Perpetual-Discount 2.29 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 24.26
Evaluated at bid price : 24.55
Bid-YTW : 4.63 %
TRP.PR.D FixedReset Disc 2.50 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 21.39
Evaluated at bid price : 21.71
Bid-YTW : 4.52 %
FTS.PR.H FixedReset Disc 2.86 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 17.25
Evaluated at bid price : 17.25
Bid-YTW : 4.11 %
GWO.PR.N FixedReset Ins Non 2.88 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 17.85
Evaluated at bid price : 17.85
Bid-YTW : 3.73 %
BAM.PF.B FixedReset Disc 3.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 23.06
Evaluated at bid price : 23.90
Bid-YTW : 4.39 %
SLF.PR.H FixedReset Ins Non 3.14 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 22.29
Evaluated at bid price : 23.00
Bid-YTW : 3.83 %
MFC.PR.F FixedReset Ins Non 3.88 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 19.01
Evaluated at bid price : 19.01
Bid-YTW : 3.76 %
PWF.PR.P FixedReset Disc 4.00 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 18.20
Evaluated at bid price : 18.20
Bid-YTW : 4.03 %
Volume Highlights
Issue Index Shares
Traded		 Notes
BNS.PR.H FixedReset Disc 139,170 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-25
Maturity Price : 25.00
Evaluated at bid price : 24.99
Bid-YTW : 3.72 %
BAM.PF.I FixedReset Prem 39,300 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.20
Bid-YTW : 1.83 %
TD.PF.K FixedReset Prem 35,700 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-10-31
Maturity Price : 25.00
Evaluated at bid price : 25.32
Bid-YTW : 3.91 %
BAM.PR.T FixedReset Disc 25,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 21.48
Evaluated at bid price : 21.48
Bid-YTW : 4.54 %
MFC.PR.M FixedReset Ins Non 23,150 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 22.84
Evaluated at bid price : 23.70
Bid-YTW : 4.09 %
TRP.PR.A FixedReset Disc 21,200 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 19.52
Evaluated at bid price : 19.52
Bid-YTW : 4.49 %
There were 10 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: 23.00 – 23.95
Spot Rate : 0.9500
Average : 0.6639

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 22.39
Evaluated at bid price : 23.00
Bid-YTW : 4.55 %
MFC.PR.M FixedReset Ins Non Quote: 23.70 – 24.50
Spot Rate : 0.8000
Average : 0.5919

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 22.84
Evaluated at bid price : 23.70
Bid-YTW : 4.09 %
RS.PR.A SplitShare Quote: 10.61 – 11.15
Spot Rate : 0.5400
Average : 0.3779

YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-12-31
Maturity Price : 10.00
Evaluated at bid price : 10.61
Bid-YTW : 3.61 %
BAM.PF.F FixedReset Disc Quote: 23.40 – 24.60
Spot Rate : 1.2000
Average : 1.0463

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 22.71
Evaluated at bid price : 23.40
Bid-YTW : 4.65 %
TD.PF.A FixedReset Disc Quote: 23.95 – 24.38
Spot Rate : 0.4300
Average : 0.3154

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-14
Maturity Price : 22.98
Evaluated at bid price : 23.95
Bid-YTW : 3.88 %
CM.PR.T FixedReset Prem Quote: 26.00 – 26.40
Spot Rate : 0.4000
Average : 0.3075

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-04-30
Maturity Price : 25.00
Evaluated at bid price : 26.00
Bid-YTW : 3.31 %
Market Action

January 13, 2022

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices
Values are provisional and are finalized monthly
Index Mean
Current
Yield
(at bid)		 Median
YTW		 Median
Average
Trading
Value		 Median
Mod Dur
(YTW)		 Issues Day’s Perf. Index Value
Ratchet 3.02 % 3.48 % 42,006 20.09 1 -0.4902 % 2,891.8
FixedFloater 0.00 % 0.00 % 0 0.00 0 -0.1614 % 5,364.9
Floater 2.97 % 2.98 % 50,983 19.79 3 -0.1614 % 3,091.8
OpRet 0.00 % 0.00 % 0 0.00 0 1.0143 % 3,681.5
SplitShare 4.66 % 4.43 % 30,957 3.60 6 1.0143 % 4,396.5
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 1.0143 % 3,430.3
Perpetual-Premium 5.15 % -16.89 % 49,214 0.09 24 0.0750 % 3,259.1
Perpetual-Discount 4.70 % 4.79 % 50,090 15.78 7 -0.3706 % 3,869.1
FixedReset Disc 3.93 % 3.92 % 118,879 16.84 46 -0.1140 % 2,888.6
Insurance Straight 4.87 % 0.90 % 81,351 0.46 17 0.0771 % 3,676.8
FloatingReset 2.63 % 2.96 % 35,350 19.83 2 0.7050 % 2,898.4
FixedReset Prem 4.73 % 3.03 % 108,621 1.76 25 0.0016 % 2,731.3
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 -0.1140 % 2,952.8
FixedReset Ins Non 4.09 % 3.93 % 73,589 17.03 17 -0.4650 % 2,973.4
Performance Highlights
Issue Index Change Notes
MFC.PR.F FixedReset Ins Non -4.24 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-13
Maturity Price : 18.30
Evaluated at bid price : 18.30
Bid-YTW : 3.86 %
SLF.PR.H FixedReset Ins Non -4.00 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-13
Maturity Price : 21.86
Evaluated at bid price : 22.30
Bid-YTW : 3.94 %
BAM.PF.F FixedReset Disc -3.03 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-13
Maturity Price : 22.71
Evaluated at bid price : 23.40
Bid-YTW : 4.62 %
CU.PR.G Perpetual-Discount -2.24 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-13
Maturity Price : 23.73
Evaluated at bid price : 24.00
Bid-YTW : 4.73 %
FTS.PR.H FixedReset Disc -2.04 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-13
Maturity Price : 16.77
Evaluated at bid price : 16.77
Bid-YTW : 4.18 %
TRP.PR.C FixedReset Disc -1.27 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-13
Maturity Price : 16.30
Evaluated at bid price : 16.30
Bid-YTW : 4.35 %
BAM.PR.K Floater -1.03 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-13
Maturity Price : 14.35
Evaluated at bid price : 14.35
Bid-YTW : 3.00 %
BAM.PR.X FixedReset Disc -1.00 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-13
Maturity Price : 18.80
Evaluated at bid price : 18.80
Bid-YTW : 4.44 %
TRP.PR.F FloatingReset 1.40 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-13
Maturity Price : 18.05
Evaluated at bid price : 18.05
Bid-YTW : 2.96 %
BAM.PF.B FixedReset Disc 1.53 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-13
Maturity Price : 22.89
Evaluated at bid price : 23.20
Bid-YTW : 4.52 %
RS.PR.A SplitShare 5.97 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-12-31
Maturity Price : 10.00
Evaluated at bid price : 11.00
Bid-YTW : 2.60 %
Volume Highlights
Issue Index Shares
Traded		 Notes
TD.PF.L FixedReset Prem 58,115 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-04-30
Maturity Price : 25.00
Evaluated at bid price : 26.18
Bid-YTW : 2.96 %
PWF.PF.A Perpetual-Discount 46,350 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 25.12
Bid-YTW : 4.42 %
TRP.PR.C FixedReset Disc 44,436 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-13
Maturity Price : 16.30
Evaluated at bid price : 16.30
Bid-YTW : 4.35 %
CM.PR.R FixedReset Prem 42,837 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-07-31
Maturity Price : 25.00
Evaluated at bid price : 25.23
Bid-YTW : 2.41 %
IFC.PR.C FixedReset Disc 41,160 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2026-09-30
Maturity Price : 25.00
Evaluated at bid price : 25.10
Bid-YTW : 3.41 %
TD.PF.E FixedReset Disc 39,948 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-10-31
Maturity Price : 25.00
Evaluated at bid price : 24.80
Bid-YTW : 3.44 %
There were 33 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
BAM.PR.T FixedReset Disc Quote: 21.00 – 22.99
Spot Rate : 1.9900
Average : 1.3324

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-13
Maturity Price : 21.00
Evaluated at bid price : 21.00
Bid-YTW : 4.60 %
SLF.PR.H FixedReset Ins Non Quote: 22.30 – 23.45
Spot Rate : 1.1500
Average : 0.7279

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-13
Maturity Price : 21.86
Evaluated at bid price : 22.30
Bid-YTW : 3.94 %
GWO.PR.N FixedReset Ins Non Quote: 17.35 – 18.35
Spot Rate : 1.0000
Average : 0.6042

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-13
Maturity Price : 17.35
Evaluated at bid price : 17.35
Bid-YTW : 3.79 %
MFC.PR.F FixedReset Ins Non Quote: 18.30 – 19.39
Spot Rate : 1.0900
Average : 0.7701

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-13
Maturity Price : 18.30
Evaluated at bid price : 18.30
Bid-YTW : 3.86 %
BAM.PF.F FixedReset Disc Quote: 23.40 – 24.59
Spot Rate : 1.1900
Average : 0.8777

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-13
Maturity Price : 22.71
Evaluated at bid price : 23.40
Bid-YTW : 4.62 %
TRP.PR.D FixedReset Disc Quote: 21.18 – 22.00
Spot Rate : 0.8200
Average : 0.6129

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-13
Maturity Price : 21.18
Evaluated at bid price : 21.18
Bid-YTW : 4.62 %
Market Action

January 12, 2022

PerpetualDiscounts now yield 4.80%, equivalent to 6.24% interest at the standard equivalency factor of 1.3x. Long corporates now yield 3.28%, so the pre-tax interest-equivalent spread (in this context, the “Seniority Spread”) has widened to 295bp from the 285bp reported January 5.

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 3.00 % 3.45 % 41,622 20.11 1 0.0490 % 2,906.1
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.3470 % 5,373.6
Floater 2.97 % 2.98 % 52,622 19.79 3 0.3470 % 3,096.8
OpRet 0.00 % 0.00 % 0 0.00 0 -0.5014 % 3,644.5
SplitShare 4.71 % 4.43 % 29,739 3.58 6 -0.5014 % 4,352.3
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.5014 % 3,395.9
Perpetual-Premium 5.15 % -17.53 % 49,479 0.09 24 -0.0375 % 3,256.6
Perpetual-Discount 4.68 % 4.80 % 47,038 15.79 7 0.9175 % 3,883.4
FixedReset Disc 3.93 % 3.93 % 116,463 16.80 46 0.1095 % 2,891.9
Insurance Straight 4.87 % 3.39 % 82,269 0.46 17 -0.0467 % 3,673.9
FloatingReset 2.64 % 3.01 % 34,847 19.73 2 0.7100 % 2,878.1
FixedReset Prem 4.73 % 2.96 % 105,106 1.76 25 -0.0918 % 2,731.3
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.1095 % 2,956.1
FixedReset Ins Non 4.07 % 3.77 % 70,219 17.01 17 0.2102 % 2,987.3
Performance Highlights
Issue Index Change Notes
BAM.PF.B FixedReset Disc -3.79 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 22.56
Evaluated at bid price : 22.85
Bid-YTW : 4.59 %
RS.PR.A SplitShare -2.26 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-12-31
Maturity Price : 10.00
Evaluated at bid price : 10.38
Bid-YTW : 4.22 %
MFC.PR.L FixedReset Ins Non -1.35 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 22.25
Evaluated at bid price : 22.60
Bid-YTW : 4.10 %
TD.PF.J FixedReset Prem -1.29 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-04-30
Maturity Price : 25.00
Evaluated at bid price : 25.19
Bid-YTW : 3.91 %
NA.PR.E FixedReset Disc -1.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 23.75
Evaluated at bid price : 24.90
Bid-YTW : 4.07 %
BMO.PR.W FixedReset Disc -1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 23.10
Evaluated at bid price : 24.24
Bid-YTW : 3.84 %
PWF.PF.A Perpetual-Discount 1.12 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 25.18
Bid-YTW : 4.38 %
TRP.PR.D FixedReset Disc 1.14 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 21.29
Evaluated at bid price : 21.29
Bid-YTW : 4.59 %
TD.PF.M FixedReset Prem 1.23 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-07-31
Maturity Price : 25.00
Evaluated at bid price : 26.32
Bid-YTW : 2.85 %
IFC.PR.A FixedReset Ins Non 1.45 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 21.40
Evaluated at bid price : 21.71
Bid-YTW : 3.74 %
CU.PR.G Perpetual-Discount 2.29 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 24.25
Evaluated at bid price : 24.55
Bid-YTW : 4.62 %
BAM.PR.R FixedReset Disc 2.49 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 21.01
Evaluated at bid price : 21.01
Bid-YTW : 4.42 %
TRP.PR.B FixedReset Disc 2.49 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 14.40
Evaluated at bid price : 14.40
Bid-YTW : 4.54 %
CU.PR.F Perpetual-Discount 2.85 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 24.33
Evaluated at bid price : 24.58
Bid-YTW : 4.62 %
BAM.PF.F FixedReset Disc 3.12 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 23.08
Evaluated at bid price : 24.13
Bid-YTW : 4.45 %
MFC.PR.F FixedReset Ins Non 4.43 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 19.11
Evaluated at bid price : 19.11
Bid-YTW : 3.70 %
TRP.PR.C FixedReset Disc 7.91 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 16.51
Evaluated at bid price : 16.51
Bid-YTW : 4.29 %
Volume Highlights
Issue Index Shares
Traded		 Notes
MFC.PR.Q FixedReset Ins Non 60,300 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 23.83
Evaluated at bid price : 25.20
Bid-YTW : 4.02 %
BAM.PF.E FixedReset Disc 52,902 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 21.73
Evaluated at bid price : 22.00
Bid-YTW : 4.54 %
MFC.PR.K FixedReset Ins Non 51,400 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 23.89
Evaluated at bid price : 24.24
Bid-YTW : 3.92 %
CM.PR.P FixedReset Disc 45,153 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 23.12
Evaluated at bid price : 24.35
Bid-YTW : 3.80 %
TD.PF.C FixedReset Disc 29,500 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 23.15
Evaluated at bid price : 24.41
Bid-YTW : 3.79 %
RY.PR.M FixedReset Disc 28,400 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-11-24
Maturity Price : 25.00
Evaluated at bid price : 24.44
Bid-YTW : 3.76 %
There were 22 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
CU.PR.J Perpetual-Premium Quote: 25.25 – 25.79
Spot Rate : 0.5400
Average : 0.3192

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2031-03-01
Maturity Price : 25.00
Evaluated at bid price : 25.25
Bid-YTW : 4.70 %
BAM.PF.B FixedReset Disc Quote: 22.85 – 23.75
Spot Rate : 0.9000
Average : 0.6816

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 22.56
Evaluated at bid price : 22.85
Bid-YTW : 4.59 %
PWF.PR.F Perpetual-Premium Quote: 25.75 – 26.25
Spot Rate : 0.5000
Average : 0.3367

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-11
Maturity Price : 25.00
Evaluated at bid price : 25.75
Bid-YTW : -31.47 %
BMO.PR.F FixedReset Prem Quote: 26.28 – 26.74
Spot Rate : 0.4600
Average : 0.3204

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-05-25
Maturity Price : 25.00
Evaluated at bid price : 26.28
Bid-YTW : 3.15 %
NA.PR.E FixedReset Disc Quote: 24.90 – 25.45
Spot Rate : 0.5500
Average : 0.4107

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 23.75
Evaluated at bid price : 24.90
Bid-YTW : 4.07 %
MFC.PR.N FixedReset Ins Non Quote: 23.52 – 23.99
Spot Rate : 0.4700
Average : 0.3523

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-12
Maturity Price : 22.71
Evaluated at bid price : 23.52
Bid-YTW : 4.01 %
Market Action

January 11, 2022

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices
Values are provisional and are finalized monthly
Index Mean
Current
Yield
(at bid)		 Median
YTW		 Median
Average
Trading
Value		 Median
Mod Dur
(YTW)		 Issues Day’s Perf. Index Value
Ratchet 3.00 % 3.46 % 40,825 20.11 1 0.7411 % 2,904.6
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.1158 % 5,355.0
Floater 2.98 % 2.99 % 52,478 19.77 3 0.1158 % 3,086.1
OpRet 0.00 % 0.00 % 0 0.00 0 0.6092 % 3,662.9
SplitShare 4.69 % 4.33 % 30,976 3.59 6 0.6092 % 4,374.3
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.6092 % 3,413.0
Perpetual-Premium 5.15 % -14.56 % 47,960 0.09 24 0.2976 % 3,257.8
Perpetual-Discount 4.73 % 4.80 % 45,233 15.80 7 -0.0117 % 3,848.1
FixedReset Disc 3.93 % 3.90 % 117,297 16.75 46 1.2254 % 2,888.8
Insurance Straight 4.87 % 0.97 % 82,411 0.46 17 0.4811 % 3,675.6
FloatingReset 2.66 % 3.03 % 34,259 19.67 2 0.0568 % 2,857.8
FixedReset Prem 4.72 % 2.86 % 105,494 1.72 25 -0.2281 % 2,733.8
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 1.2254 % 2,952.9
FixedReset Ins Non 4.08 % 3.86 % 67,211 17.00 17 -0.2803 % 2,981.0
Performance Highlights
Issue Index Change Notes
MFC.PR.F FixedReset Ins Non -3.48 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 18.30
Evaluated at bid price : 18.30
Bid-YTW : 3.86 %
BAM.PF.F FixedReset Disc -2.30 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 22.71
Evaluated at bid price : 23.40
Bid-YTW : 4.61 %
MFC.PR.M FixedReset Ins Non -1.88 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 22.73
Evaluated at bid price : 23.50
Bid-YTW : 4.10 %
CM.PR.Y FixedReset Prem -1.84 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-07-31
Maturity Price : 25.00
Evaluated at bid price : 26.21
Bid-YTW : 3.09 %
TD.PF.D FixedReset Disc -1.61 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-07-31
Maturity Price : 25.00
Evaluated at bid price : 24.40
Bid-YTW : 3.90 %
NA.PR.G FixedReset Prem -1.52 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 23.70
Evaluated at bid price : 25.21
Bid-YTW : 4.21 %
MFC.PR.Q FixedReset Ins Non -1.37 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 23.82
Evaluated at bid price : 25.17
Bid-YTW : 4.03 %
TRP.PR.D FixedReset Disc -1.22 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 21.05
Evaluated at bid price : 21.05
Bid-YTW : 4.64 %
TD.PF.L FixedReset Prem -1.09 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-04-30
Maturity Price : 25.00
Evaluated at bid price : 26.31
Bid-YTW : 2.72 %
POW.PR.G Perpetual-Premium 1.10 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-10
Maturity Price : 25.00
Evaluated at bid price : 25.62
Bid-YTW : -23.48 %
SLF.PR.D Insurance Straight 1.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 24.32
Evaluated at bid price : 24.63
Bid-YTW : 4.53 %
FTS.PR.H FixedReset Disc 1.29 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 17.25
Evaluated at bid price : 17.25
Bid-YTW : 4.06 %
SLF.PR.C Insurance Straight 1.53 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 24.27
Evaluated at bid price : 24.57
Bid-YTW : 4.54 %
GWO.PR.H Insurance Straight 1.61 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-10
Maturity Price : 25.00
Evaluated at bid price : 25.20
Bid-YTW : -3.07 %
FTS.PR.G FixedReset Disc 1.79 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 22.43
Evaluated at bid price : 22.80
Bid-YTW : 4.09 %
RS.PR.A SplitShare 2.31 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-12-31
Maturity Price : 10.00
Evaluated at bid price : 10.62
Bid-YTW : 3.58 %
IFC.PR.A FixedReset Ins Non 2.39 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 21.40
Evaluated at bid price : 21.40
Bid-YTW : 3.82 %
BAM.PR.X FixedReset Disc 2.93 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 18.99
Evaluated at bid price : 18.99
Bid-YTW : 4.39 %
BAM.PF.B FixedReset Disc 3.98 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 22.98
Evaluated at bid price : 23.75
Bid-YTW : 4.38 %
TRP.PR.G FixedReset Disc 93.20 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 22.93
Evaluated at bid price : 24.15
Bid-YTW : 4.35 %
Volume Highlights
Issue Index Shares
Traded		 Notes
BMO.PR.D FixedReset Prem 101,100 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-08-25
Maturity Price : 25.00
Evaluated at bid price : 25.36
Bid-YTW : 3.01 %
BMO.PR.C FixedReset Prem 97,180 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-05-25
Maturity Price : 25.00
Evaluated at bid price : 25.33
Bid-YTW : 2.45 %
BAM.PF.A FixedReset Disc 74,500 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 23.75
Evaluated at bid price : 25.25
Bid-YTW : 4.37 %
MFC.PR.R FixedReset Ins Non 55,400 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-19
Maturity Price : 25.00
Evaluated at bid price : 25.20
Bid-YTW : 2.14 %
BMO.PR.B FixedReset Prem 53,740 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-25
Maturity Price : 25.00
Evaluated at bid price : 25.25
Bid-YTW : 1.79 %
BAM.PR.Z FixedReset Disc 40,100 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 23.97
Evaluated at bid price : 25.08
Bid-YTW : 4.44 %
There were 13 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: 18.30 – 19.36
Spot Rate : 1.0600
Average : 0.6709

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 18.30
Evaluated at bid price : 18.30
Bid-YTW : 3.86 %
TRP.PR.C FixedReset Disc Quote: 15.30 – 16.97
Spot Rate : 1.6700
Average : 1.4087

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 15.30
Evaluated at bid price : 15.30
Bid-YTW : 4.62 %
BAM.PF.F FixedReset Disc Quote: 23.40 – 24.44
Spot Rate : 1.0400
Average : 0.7823

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 22.71
Evaluated at bid price : 23.40
Bid-YTW : 4.61 %
TD.PF.D FixedReset Disc Quote: 24.40 – 25.20
Spot Rate : 0.8000
Average : 0.5894

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-07-31
Maturity Price : 25.00
Evaluated at bid price : 24.40
Bid-YTW : 3.90 %
MFC.PR.M FixedReset Ins Non Quote: 23.50 – 24.19
Spot Rate : 0.6900
Average : 0.4933

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-11
Maturity Price : 22.73
Evaluated at bid price : 23.50
Bid-YTW : 4.10 %
TD.PF.L FixedReset Prem Quote: 26.31 – 26.82
Spot Rate : 0.5100
Average : 0.3262

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-04-30
Maturity Price : 25.00
Evaluated at bid price : 26.31
Bid-YTW : 2.72 %
Market Action

January 10, 2022

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices
Values are provisional and are finalized monthly
Index Mean
Current
Yield
(at bid)		 Median
YTW		 Median
Average
Trading
Value		 Median
Mod Dur
(YTW)		 Issues Day’s Perf. Index Value
Ratchet 3.03 % 3.49 % 40,533 20.07 1 0.5464 % 2,883.3
FixedFloater 0.00 % 0.00 % 0 0.00 0 -0.8951 % 5,348.8
Floater 2.98 % 3.00 % 52,922 19.75 3 -0.8951 % 3,082.6
OpRet 0.00 % 0.00 % 0 0.00 0 -0.3980 % 3,640.7
SplitShare 4.72 % 4.37 % 31,463 3.58 6 -0.3980 % 4,347.8
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.3980 % 3,392.3
Perpetual-Premium 5.17 % -9.93 % 48,350 0.09 24 -0.1453 % 3,248.2
Perpetual-Discount 4.73 % 4.81 % 45,422 15.78 7 -0.0701 % 3,848.6
FixedReset Disc 3.98 % 3.89 % 121,806 16.55 46 -0.8016 % 2,853.8
Insurance Straight 4.89 % 4.59 % 82,540 15.64 17 -0.1149 % 3,658.0
FloatingReset 2.66 % 3.03 % 34,589 19.66 2 0.8598 % 2,856.2
FixedReset Prem 4.71 % 2.88 % 106,827 1.77 25 0.0233 % 2,740.0
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 -0.8016 % 2,917.2
FixedReset Ins Non 4.06 % 3.77 % 64,589 17.02 17 0.3192 % 2,989.4
Performance Highlights
Issue Index Change Notes
TRP.PR.G FixedReset Disc -48.00 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 12.50
Evaluated at bid price : 12.50
Bid-YTW : 8.44 %
BAM.PF.B FixedReset Disc -3.71 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 22.44
Evaluated at bid price : 22.84
Bid-YTW : 4.59 %
TD.PF.M FixedReset Prem -2.62 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-07-31
Maturity Price : 25.00
Evaluated at bid price : 26.00
Bid-YTW : 3.36 %
BAM.PR.R FixedReset Disc -1.74 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 20.30
Evaluated at bid price : 20.30
Bid-YTW : 4.57 %
IFC.PR.A FixedReset Ins Non -1.42 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 20.90
Evaluated at bid price : 20.90
Bid-YTW : 3.91 %
GWO.PR.H Insurance Straight -1.39 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 24.55
Evaluated at bid price : 24.80
Bid-YTW : 4.91 %
POW.PR.G Perpetual-Premium -1.25 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-09
Maturity Price : 25.00
Evaluated at bid price : 25.34
Bid-YTW : -11.45 %
PVS.PR.H SplitShare -1.18 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2027-02-28
Maturity Price : 25.00
Evaluated at bid price : 25.20
Bid-YTW : 4.65 %
BAM.PR.K Floater -1.17 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 14.36
Evaluated at bid price : 14.36
Bid-YTW : 3.00 %
CM.PR.Q FixedReset Disc 1.02 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-07-31
Maturity Price : 25.00
Evaluated at bid price : 24.85
Bid-YTW : 3.29 %
BMO.PR.Y FixedReset Disc 1.18 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-08-25
Maturity Price : 25.00
Evaluated at bid price : 24.80
Bid-YTW : 3.42 %
TD.PF.E FixedReset Disc 1.21 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-10-31
Maturity Price : 25.00
Evaluated at bid price : 25.00
Bid-YTW : 3.20 %
TRP.PR.D FixedReset Disc 1.24 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 21.31
Evaluated at bid price : 21.31
Bid-YTW : 4.59 %
CM.PR.Y FixedReset Prem 1.25 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-07-31
Maturity Price : 25.00
Evaluated at bid price : 26.70
Bid-YTW : 2.31 %
TD.PF.J FixedReset Prem 1.51 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-04-30
Maturity Price : 25.00
Evaluated at bid price : 25.50
Bid-YTW : 2.92 %
FTS.PR.H FixedReset Disc 1.67 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 17.03
Evaluated at bid price : 17.03
Bid-YTW : 4.11 %
SLF.PR.J FloatingReset 1.74 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 17.55
Evaluated at bid price : 17.55
Bid-YTW : 2.32 %
GWO.PR.N FixedReset Ins Non 1.76 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 17.30
Evaluated at bid price : 17.30
Bid-YTW : 3.80 %
MFC.PR.N FixedReset Ins Non 1.81 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 22.76
Evaluated at bid price : 23.62
Bid-YTW : 3.99 %
SLF.PR.H FixedReset Ins Non 2.66 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 22.38
Evaluated at bid price : 23.15
Bid-YTW : 3.77 %
PWF.PR.P FixedReset Disc 5.42 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 17.50
Evaluated at bid price : 17.50
Bid-YTW : 4.14 %
TRP.PR.E FixedReset Disc 5.74 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 21.20
Evaluated at bid price : 21.20
Bid-YTW : 4.56 %
BAM.PF.E FixedReset Disc 6.52 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 21.89
Evaluated at bid price : 22.21
Bid-YTW : 4.50 %
Volume Highlights
Issue Index Shares
Traded		 Notes
BMO.PR.B FixedReset Prem 50,200 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-25
Maturity Price : 25.00
Evaluated at bid price : 25.25
Bid-YTW : 1.75 %
CU.PR.J Perpetual-Premium 46,543 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2031-03-01
Maturity Price : 25.00
Evaluated at bid price : 25.20
Bid-YTW : 4.72 %
GWO.PR.Y Insurance Straight 42,995 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2030-12-31
Maturity Price : 25.00
Evaluated at bid price : 25.15
Bid-YTW : 4.46 %
PWF.PF.A Perpetual-Discount 35,200 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 24.59
Evaluated at bid price : 25.00
Bid-YTW : 4.48 %
TRP.PR.E FixedReset Disc 31,625 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 21.20
Evaluated at bid price : 21.20
Bid-YTW : 4.56 %
TRP.PR.A FixedReset Disc 25,900 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 19.20
Evaluated at bid price : 19.20
Bid-YTW : 4.52 %
There were 9 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
TRP.PR.G FixedReset Disc Quote: 12.50 – 24.19
Spot Rate : 11.6900
Average : 7.6413

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 12.50
Evaluated at bid price : 12.50
Bid-YTW : 8.44 %
TD.PF.M FixedReset Prem Quote: 26.00 – 26.88
Spot Rate : 0.8800
Average : 0.5542

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-07-31
Maturity Price : 25.00
Evaluated at bid price : 26.00
Bid-YTW : 3.36 %
BAM.PF.B FixedReset Disc Quote: 22.84 – 23.79
Spot Rate : 0.9500
Average : 0.7078

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 22.44
Evaluated at bid price : 22.84
Bid-YTW : 4.59 %
IFC.PR.A FixedReset Ins Non Quote: 20.90 – 21.96
Spot Rate : 1.0600
Average : 0.8363

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 20.90
Evaluated at bid price : 20.90
Bid-YTW : 3.91 %
PWF.PR.E Perpetual-Premium Quote: 25.42 – 26.00
Spot Rate : 0.5800
Average : 0.3751

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-09
Maturity Price : 25.00
Evaluated at bid price : 25.42
Bid-YTW : -17.96 %
BAM.PR.R FixedReset Disc Quote: 20.30 – 21.40
Spot Rate : 1.1000
Average : 0.9053

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-10
Maturity Price : 20.30
Evaluated at bid price : 20.30
Bid-YTW : 4.57 %
Market Action

January 7, 2022

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices
Values are provisional and are finalized monthly
Index Mean
Current
Yield
(at bid)		 Median
YTW		 Median
Average
Trading
Value		 Median
Mod Dur
(YTW)		 Issues Day’s Perf. Index Value
Ratchet 3.04 % 3.52 % 40,681 20.05 1 0.0497 % 2,867.6
FixedFloater 0.00 % 0.00 % 0 0.00 0 1.4435 % 5,397.1
Floater 2.95 % 2.96 % 53,524 19.84 3 1.4435 % 3,110.4
OpRet 0.00 % 0.00 % 0 0.00 0 0.2223 % 3,655.2
SplitShare 4.70 % 4.26 % 31,510 3.58 6 0.2223 % 4,365.1
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.2223 % 3,405.9
Perpetual-Premium 5.17 % -15.39 % 43,303 0.09 23 -0.2827 % 3,252.9
Perpetual-Discount 4.77 % 4.83 % 51,086 15.77 11 -0.1035 % 3,851.3
FixedReset Disc 3.92 % 4.00 % 102,999 17.00 42 1.2319 % 2,876.9
Insurance Straight 4.90 % 4.50 % 81,049 3.37 18 -0.1545 % 3,662.2
FloatingReset 2.63 % 2.98 % 34,040 19.81 2 0.0000 % 2,831.9
FixedReset Prem 4.69 % 2.82 % 118,336 1.78 28 -0.0750 % 2,739.4
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 1.2319 % 2,940.7
FixedReset Ins Non 4.08 % 3.71 % 67,247 17.30 17 -0.0076 % 2,979.9
Performance Highlights
Issue Index Change Notes
PWF.PR.P FixedReset Disc -6.83 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 16.60
Evaluated at bid price : 16.60
Bid-YTW : 4.20 %
TRP.PR.C FixedReset Disc -5.85 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 15.30
Evaluated at bid price : 15.30
Bid-YTW : 4.46 %
TRP.PR.E FixedReset Disc -5.65 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 20.05
Evaluated at bid price : 20.05
Bid-YTW : 4.68 %
MFC.PR.N FixedReset Ins Non -2.27 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 22.53
Evaluated at bid price : 23.20
Bid-YTW : 3.95 %
SLF.PR.H FixedReset Ins Non -1.96 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 22.02
Evaluated at bid price : 22.55
Bid-YTW : 3.78 %
TD.PF.E FixedReset Disc -1.30 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-10-31
Maturity Price : 25.00
Evaluated at bid price : 24.70
Bid-YTW : 3.54 %
TRP.PR.D FixedReset Disc -1.22 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 21.05
Evaluated at bid price : 21.05
Bid-YTW : 4.50 %
SLF.PR.C Insurance Straight -1.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 23.88
Evaluated at bid price : 24.13
Bid-YTW : 4.63 %
TRP.PR.B FixedReset Disc -1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 14.00
Evaluated at bid price : 14.00
Bid-YTW : 4.48 %
IAF.PR.B Insurance Straight -1.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 24.22
Evaluated at bid price : 24.51
Bid-YTW : 4.71 %
SLF.PR.G FixedReset Ins Non 1.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 18.80
Evaluated at bid price : 18.80
Bid-YTW : 3.53 %
TD.PF.M FixedReset Prem 1.16 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-07-31
Maturity Price : 25.00
Evaluated at bid price : 26.70
Bid-YTW : 2.24 %
TD.PF.L FixedReset Prem 1.22 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-04-30
Maturity Price : 25.00
Evaluated at bid price : 26.60
Bid-YTW : 2.20 %
BAM.PR.C Floater 1.33 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 14.44
Evaluated at bid price : 14.44
Bid-YTW : 2.98 %
BAM.PR.B Floater 1.39 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 14.60
Evaluated at bid price : 14.60
Bid-YTW : 2.95 %
TD.PF.C FixedReset Disc 1.52 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 23.23
Evaluated at bid price : 24.62
Bid-YTW : 3.63 %
BAM.PR.K Floater 1.61 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 14.53
Evaluated at bid price : 14.53
Bid-YTW : 2.96 %
CIU.PR.A Perpetual-Discount 1.89 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 24.00
Evaluated at bid price : 24.25
Bid-YTW : 4.79 %
BAM.PF.G FixedReset Disc 2.17 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 22.67
Evaluated at bid price : 23.50
Bid-YTW : 4.28 %
TRP.PR.A FixedReset Disc 2.35 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 19.19
Evaluated at bid price : 19.19
Bid-YTW : 4.38 %
BAM.PF.F FixedReset Disc 2.57 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 22.99
Evaluated at bid price : 23.95
Bid-YTW : 4.37 %
BAM.PR.Z FixedReset Disc 3.44 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 24.64
Evaluated at bid price : 24.98
Bid-YTW : 4.38 %
BAM.PR.T FixedReset Disc 3.94 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 21.10
Evaluated at bid price : 21.10
Bid-YTW : 4.41 %
BAM.PF.B FixedReset Disc 3.94 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 22.96
Evaluated at bid price : 23.72
Bid-YTW : 4.26 %
TRP.PR.G FixedReset Disc 92.32 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 22.88
Evaluated at bid price : 24.04
Bid-YTW : 4.27 %
Volume Highlights
Issue Index Shares
Traded		 Notes
SLF.PR.H FixedReset Ins Non 356,100 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 22.02
Evaluated at bid price : 22.55
Bid-YTW : 3.78 %
PWF.PR.P FixedReset Disc 242,801 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 16.60
Evaluated at bid price : 16.60
Bid-YTW : 4.20 %
TD.PF.J FixedReset Prem 188,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 23.84
Evaluated at bid price : 25.12
Bid-YTW : 4.02 %
BAM.PR.R FixedReset Disc 110,079 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 20.66
Evaluated at bid price : 20.66
Bid-YTW : 4.37 %
TRP.PR.A FixedReset Disc 54,567 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 19.19
Evaluated at bid price : 19.19
Bid-YTW : 4.38 %
CM.PR.P FixedReset Disc 52,600 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 23.09
Evaluated at bid price : 24.28
Bid-YTW : 3.70 %
There were 9 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
TRP.PR.C FixedReset Disc Quote: 15.30 – 16.87
Spot Rate : 1.5700
Average : 0.9274

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 15.30
Evaluated at bid price : 15.30
Bid-YTW : 4.46 %
PWF.PR.P FixedReset Disc Quote: 16.60 – 18.50
Spot Rate : 1.9000
Average : 1.3104

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 16.60
Evaluated at bid price : 16.60
Bid-YTW : 4.20 %
TRP.PR.E FixedReset Disc Quote: 20.05 – 21.70
Spot Rate : 1.6500
Average : 1.1798

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 20.05
Evaluated at bid price : 20.05
Bid-YTW : 4.68 %
SLF.PR.H FixedReset Ins Non Quote: 22.55 – 23.47
Spot Rate : 0.9200
Average : 0.6483

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 22.02
Evaluated at bid price : 22.55
Bid-YTW : 3.78 %
TD.PF.J FixedReset Prem Quote: 25.12 – 25.90
Spot Rate : 0.7800
Average : 0.5734

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 23.84
Evaluated at bid price : 25.12
Bid-YTW : 4.02 %
SLF.PR.J FloatingReset Quote: 17.25 – 17.99
Spot Rate : 0.7400
Average : 0.5347

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-07
Maturity Price : 17.25
Evaluated at bid price : 17.25
Bid-YTW : 2.30 %
Market Action

January 6, 2022

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices
Values are provisional and are finalized monthly
Index Mean
Current
Yield
(at bid)		 Median
YTW		 Median
Average
Trading
Value		 Median
Mod Dur
(YTW)		 Issues Day’s Perf. Index Value
Ratchet 3.04 % 3.52 % 40,599 20.05 1 -0.2973 % 2,866.2
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.0932 % 5,320.3
Floater 2.99 % 3.01 % 55,203 19.72 3 0.0932 % 3,066.1
OpRet 0.00 % 0.00 % 0 0.00 0 -0.1045 % 3,647.1
SplitShare 4.71 % 4.32 % 32,820 3.59 6 -0.1045 % 4,355.5
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.1045 % 3,398.3
Perpetual-Premium 5.15 % -13.44 % 42,518 0.09 23 -0.0930 % 3,262.1
Perpetual-Discount 4.77 % 4.84 % 51,085 15.76 11 -0.4853 % 3,855.3
FixedReset Disc 3.96 % 3.93 % 102,026 16.97 42 0.0042 % 2,841.8
Insurance Straight 4.89 % 4.53 % 80,539 15.72 18 -0.1190 % 3,667.9
FloatingReset 2.63 % 2.97 % 33,268 19.82 2 0.8090 % 2,831.9
FixedReset Prem 4.69 % 2.94 % 117,688 1.31 28 -0.0735 % 2,741.4
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 0.0042 % 2,904.9
FixedReset Ins Non 4.08 % 3.74 % 68,270 17.29 17 0.3840 % 2,980.1
Performance Highlights
Issue Index Change Notes
CU.PR.G Perpetual-Discount -3.23 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 23.73
Evaluated at bid price : 24.00
Bid-YTW : 4.73 %
BAM.PR.Z FixedReset Disc -3.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 23.62
Evaluated at bid price : 24.15
Bid-YTW : 4.51 %
FTS.PR.H FixedReset Disc -2.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 16.65
Evaluated at bid price : 16.65
Bid-YTW : 4.04 %
CIU.PR.A Perpetual-Discount -1.57 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 23.53
Evaluated at bid price : 23.80
Bid-YTW : 4.88 %
BAM.PF.B FixedReset Disc -1.51 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 22.42
Evaluated at bid price : 22.82
Bid-YTW : 4.46 %
SLF.PR.H FixedReset Ins Non -1.50 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 22.29
Evaluated at bid price : 23.00
Bid-YTW : 3.69 %
SLF.PR.C Insurance Straight -1.41 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 24.16
Evaluated at bid price : 24.41
Bid-YTW : 4.57 %
BMO.PR.F FixedReset Prem -1.12 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-05-25
Maturity Price : 25.00
Evaluated at bid price : 26.60
Bid-YTW : 2.58 %
TD.PF.D FixedReset Disc -1.11 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-07-31
Maturity Price : 25.00
Evaluated at bid price : 24.85
Bid-YTW : 3.57 %
CU.PR.E Perpetual-Premium -1.02 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-05
Maturity Price : 25.00
Evaluated at bid price : 25.16
Bid-YTW : 2.99 %
TRP.PR.F FloatingReset 1.03 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 17.64
Evaluated at bid price : 17.64
Bid-YTW : 2.97 %
TRP.PR.D FixedReset Disc 1.24 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 21.31
Evaluated at bid price : 21.31
Bid-YTW : 4.45 %
FTS.PR.G FixedReset Disc 1.36 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 21.80
Evaluated at bid price : 22.30
Bid-YTW : 4.03 %
TD.PF.E FixedReset Disc 1.49 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-10-31
Maturity Price : 25.00
Evaluated at bid price : 25.23
Bid-YTW : 3.16 %
BMO.PR.W FixedReset Disc 1.50 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 23.15
Evaluated at bid price : 24.36
Bid-YTW : 3.69 %
FTS.PR.M FixedReset Disc 1.69 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 22.68
Evaluated at bid price : 23.40
Bid-YTW : 4.13 %
FTS.PR.K FixedReset Disc 2.12 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 21.34
Evaluated at bid price : 21.65
Bid-YTW : 4.05 %
MFC.PR.N FixedReset Ins Non 2.33 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 22.82
Evaluated at bid price : 23.74
Bid-YTW : 3.84 %
SLF.PR.G FixedReset Ins Non 3.33 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 18.60
Evaluated at bid price : 18.60
Bid-YTW : 3.56 %
MFC.PR.F FixedReset Ins Non 4.17 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 18.75
Evaluated at bid price : 18.75
Bid-YTW : 3.63 %
Volume Highlights
Issue Index Shares
Traded		 Notes
TD.PF.J FixedReset Prem 79,400 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-04-30
Maturity Price : 25.00
Evaluated at bid price : 25.50
Bid-YTW : 3.81 %
NA.PR.S FixedReset Disc 33,100 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 23.37
Evaluated at bid price : 24.65
Bid-YTW : 3.77 %
TRP.PR.A FixedReset Disc 31,800 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 18.75
Evaluated at bid price : 18.75
Bid-YTW : 4.48 %
BMO.PR.B FixedReset Prem 26,472 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-25
Maturity Price : 25.00
Evaluated at bid price : 25.24
Bid-YTW : 1.90 %
FTS.PR.M FixedReset Disc 25,202 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 22.68
Evaluated at bid price : 23.40
Bid-YTW : 4.13 %
SLF.PR.H FixedReset Ins Non 24,800 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 22.29
Evaluated at bid price : 23.00
Bid-YTW : 3.69 %
There were 9 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
TRP.PR.G FixedReset Disc Quote: 12.50 – 24.19
Spot Rate : 11.6900
Average : 6.5488

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 12.50
Evaluated at bid price : 12.50
Bid-YTW : 8.25 %
TRP.PR.A FixedReset Disc Quote: 18.75 – 20.70
Spot Rate : 1.9500
Average : 1.3347

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 18.75
Evaluated at bid price : 18.75
Bid-YTW : 4.48 %
BAM.PR.Z FixedReset Disc Quote: 24.15 – 24.94
Spot Rate : 0.7900
Average : 0.4981

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 23.62
Evaluated at bid price : 24.15
Bid-YTW : 4.51 %
CU.PR.G Perpetual-Discount Quote: 24.00 – 24.91
Spot Rate : 0.9100
Average : 0.6629

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 23.73
Evaluated at bid price : 24.00
Bid-YTW : 4.73 %
IFC.PR.I Perpetual-Premium Quote: 26.37 – 27.60
Spot Rate : 1.2300
Average : 1.0240

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2029-03-31
Maturity Price : 25.00
Evaluated at bid price : 26.37
Bid-YTW : 4.55 %
BAM.PF.E FixedReset Disc Quote: 20.87 – 22.30
Spot Rate : 1.4300
Average : 1.2764

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-06
Maturity Price : 20.87
Evaluated at bid price : 20.87
Bid-YTW : 4.68 %
Market Action

January 5, 2022

PerpetualDiscounts now yield 4.80%, equivalent to 6.24% interest at the standard equivalency factor of 1.3x. Long corporates now yield 3.40%, so the pre-tax interest-equivalent spread (in this context, the “Seniority Spread”) has remained constant at the 285bp reported December 22.

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 3.04 % 3.51 % 37,558 20.07 1 0.6484 % 2,874.7
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.7750 % 5,315.4
Floater 3.00 % 3.02 % 57,310 19.70 3 0.7750 % 3,063.3
OpRet 0.00 % 0.00 % 0 0.00 0 -0.1435 % 3,650.9
SplitShare 4.70 % 4.27 % 34,184 3.59 6 -0.1435 % 4,360.0
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.1435 % 3,401.9
Perpetual-Premium 5.15 % -13.15 % 41,194 0.09 23 0.0237 % 3,265.2
Perpetual-Discount 4.74 % 4.80 % 50,295 15.81 11 -0.0735 % 3,874.1
FixedReset Disc 3.96 % 3.92 % 102,298 16.86 42 -1.1102 % 2,841.7
Insurance Straight 4.89 % 4.49 % 81,444 3.38 18 -0.1035 % 3,672.3
FloatingReset 2.65 % 3.01 % 32,090 19.74 2 1.4956 % 2,809.1
FixedReset Prem 4.69 % 2.82 % 118,468 1.78 28 -0.0166 % 2,743.5
FixedReset Bank Non 0.00 % 0.00 % 0 0.00 0 -1.1102 % 2,904.8
FixedReset Ins Non 4.09 % 3.78 % 71,087 17.29 17 -0.1422 % 2,968.7
Performance Highlights
Issue Index Change Notes
TRP.PR.G FixedReset Disc -47.59 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 12.50
Evaluated at bid price : 12.50
Bid-YTW : 8.25 %
CU.PR.F Perpetual-Discount -3.24 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 23.62
Evaluated at bid price : 23.90
Bid-YTW : 4.75 %
BAM.PR.T FixedReset Disc -3.11 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 20.25
Evaluated at bid price : 20.25
Bid-YTW : 4.60 %
BAM.PF.E FixedReset Disc -2.20 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 20.85
Evaluated at bid price : 20.85
Bid-YTW : 4.68 %
SLF.PR.G FixedReset Ins Non -2.17 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 18.00
Evaluated at bid price : 18.00
Bid-YTW : 3.68 %
MFC.PR.N FixedReset Ins Non -1.90 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 22.53
Evaluated at bid price : 23.20
Bid-YTW : 3.95 %
BMO.PR.W FixedReset Disc -1.68 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 22.99
Evaluated at bid price : 24.00
Bid-YTW : 3.76 %
TRP.PR.D FixedReset Disc -1.64 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 21.05
Evaluated at bid price : 21.05
Bid-YTW : 4.50 %
GWO.PR.I Insurance Straight -1.43 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 23.91
Evaluated at bid price : 24.15
Bid-YTW : 4.67 %
SLF.PR.E Insurance Straight -1.40 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 24.29
Evaluated at bid price : 24.60
Bid-YTW : 4.58 %
FTS.PR.G FixedReset Disc -1.12 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 21.60
Evaluated at bid price : 22.00
Bid-YTW : 4.10 %
SLF.PR.C Insurance Straight 1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 24.51
Evaluated at bid price : 24.76
Bid-YTW : 4.51 %
NA.PR.W FixedReset Disc 1.11 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 23.09
Evaluated at bid price : 24.30
Bid-YTW : 3.68 %
BAM.PR.Z FixedReset Disc 1.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 24.60
Evaluated at bid price : 24.95
Bid-YTW : 4.38 %
BAM.PF.A FixedReset Disc 1.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 23.71
Evaluated at bid price : 25.15
Bid-YTW : 4.26 %
TD.PF.A FixedReset Disc 1.24 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 23.18
Evaluated at bid price : 24.40
Bid-YTW : 3.69 %
SLF.PR.H FixedReset Ins Non 1.39 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 22.48
Evaluated at bid price : 23.35
Bid-YTW : 3.62 %
PWF.PF.A Perpetual-Discount 1.41 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 24.78
Evaluated at bid price : 25.20
Bid-YTW : 4.52 %
BAM.PR.X FixedReset Disc 1.53 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 18.53
Evaluated at bid price : 18.53
Bid-YTW : 4.32 %
TD.PF.D FixedReset Disc 1.54 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-07-31
Maturity Price : 25.00
Evaluated at bid price : 25.13
Bid-YTW : 3.23 %
BMO.PR.F FixedReset Prem 1.89 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-05-25
Maturity Price : 25.00
Evaluated at bid price : 26.90
Bid-YTW : 2.08 %
CU.PR.G Perpetual-Discount 2.48 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 24.56
Evaluated at bid price : 24.80
Bid-YTW : 4.57 %
SLF.PR.J FloatingReset 2.69 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 17.15
Evaluated at bid price : 17.15
Bid-YTW : 2.31 %
PWF.PR.P FixedReset Disc 7.46 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 18.00
Evaluated at bid price : 18.00
Bid-YTW : 3.92 %
Volume Highlights
Issue Index Shares
Traded		 Notes
BMO.PR.B FixedReset Prem 248,200 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-25
Maturity Price : 25.00
Evaluated at bid price : 25.25
Bid-YTW : 1.58 %
NA.PR.C FixedReset Prem 173,300 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-11-15
Maturity Price : 25.00
Evaluated at bid price : 25.42
Bid-YTW : 1.92 %
TD.PF.A FixedReset Disc 60,409 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 23.18
Evaluated at bid price : 24.40
Bid-YTW : 3.69 %
GWO.PR.Y Insurance Straight 26,570 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 24.65
Evaluated at bid price : 25.05
Bid-YTW : 4.49 %
BAM.PF.G FixedReset Disc 24,600 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 22.39
Evaluated at bid price : 23.00
Bid-YTW : 4.39 %
CU.PR.J Perpetual-Discount 22,696 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 24.61
Evaluated at bid price : 25.00
Bid-YTW : 4.78 %
There were 6 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
GWO.PR.S Insurance Straight Quote: 25.85 – 28.00
Spot Rate : 2.1500
Average : 1.4227

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-04
Maturity Price : 25.50
Evaluated at bid price : 25.85
Bid-YTW : -10.33 %
BAM.PR.K Floater Quote: 14.25 – 15.50
Spot Rate : 1.2500
Average : 0.8476

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 14.25
Evaluated at bid price : 14.25
Bid-YTW : 3.02 %
CU.PR.F Perpetual-Discount Quote: 23.90 – 25.00
Spot Rate : 1.1000
Average : 0.7375

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 23.62
Evaluated at bid price : 23.90
Bid-YTW : 4.75 %
IFC.PR.I Perpetual-Premium Quote: 26.45 – 27.60
Spot Rate : 1.1500
Average : 0.7981

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2029-03-31
Maturity Price : 25.00
Evaluated at bid price : 26.45
Bid-YTW : 4.49 %
BAM.PF.E FixedReset Disc Quote: 20.85 – 22.30
Spot Rate : 1.4500
Average : 1.1080

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 20.85
Evaluated at bid price : 20.85
Bid-YTW : 4.68 %
BAM.PF.F FixedReset Disc Quote: 23.50 – 24.70
Spot Rate : 1.2000
Average : 0.8590

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2052-01-05
Maturity Price : 22.76
Evaluated at bid price : 23.50
Bid-YTW : 4.47 %