Market Action

June 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 1.4874 % 2,763.8
FixedFloater 0.00 % 0.00 % 0 0.00 0 1.4874 % 5,071.4
Floater 3.14 % 3.16 % 96,618 19.25 3 1.4874 % 2,922.7
OpRet 0.00 % 0.00 % 0 0.00 0 0.0579 % 3,697.0
SplitShare 4.62 % 3.79 % 39,034 3.44 6 0.0579 % 4,415.1
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.0579 % 3,444.8
Perpetual-Premium 5.11 % -7.24 % 66,174 0.09 30 -0.0646 % 3,313.7
Perpetual-Discount 4.65 % 4.65 % 52,086 16.11 4 -0.0304 % 3,919.2
FixedReset Disc 4.00 % 3.59 % 147,467 18.07 40 -0.5795 % 2,802.2
Insurance Straight 4.90 % -3.22 % 85,878 0.09 22 -0.1407 % 3,715.2
FloatingReset 2.76 % 2.99 % 47,591 19.77 2 -1.3138 % 2,601.8
FixedReset Prem 4.81 % 2.98 % 207,723 2.40 33 -0.2393 % 2,761.2
FixedReset Bank Non 1.80 % 2.00 % 117,097 0.21 1 0.0000 % 2,893.1
FixedReset Ins Non 4.18 % 3.49 % 165,487 18.04 21 -0.5312 % 2,900.0
Performance Highlights
Issue Index Change Notes
PWF.PR.P FixedReset Disc -3.73 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 15.50
Evaluated at bid price : 15.50
Bid-YTW : 3.84 %
BAM.PR.C Floater -2.67 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 13.49
Evaluated at bid price : 13.49
Bid-YTW : 3.21 %
TRP.PR.B FixedReset Disc -2.64 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 13.62
Evaluated at bid price : 13.62
Bid-YTW : 3.79 %
BAM.PF.E FixedReset Disc -2.46 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 21.00
Evaluated at bid price : 21.00
Bid-YTW : 4.18 %
IFC.PR.A FixedReset Ins Non -1.89 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 19.76
Evaluated at bid price : 19.76
Bid-YTW : 3.42 %
TRP.PR.F FloatingReset -1.68 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 17.00
Evaluated at bid price : 17.00
Bid-YTW : 2.99 %
RY.PR.H FixedReset Disc -1.66 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 22.79
Evaluated at bid price : 23.68
Bid-YTW : 3.34 %
IAF.PR.G FixedReset Ins Non -1.53 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 23.92
Evaluated at bid price : 24.39
Bid-YTW : 3.79 %
IFC.PR.C FixedReset Ins Non -1.52 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 23.10
Evaluated at bid price : 24.02
Bid-YTW : 3.66 %
BMO.PR.W FixedReset Disc -1.47 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 22.62
Evaluated at bid price : 23.40
Bid-YTW : 3.39 %
TRP.PR.C FixedReset Disc -1.33 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 14.84
Evaluated at bid price : 14.84
Bid-YTW : 3.92 %
SLF.PR.G FixedReset Ins Non -1.32 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 15.75
Evaluated at bid price : 15.75
Bid-YTW : 3.48 %
BNS.PR.I FixedReset Prem -1.17 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 23.53
Evaluated at bid price : 25.25
Bid-YTW : 3.37 %
BMO.PR.T FixedReset Disc -1.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 22.53
Evaluated at bid price : 23.20
Bid-YTW : 3.40 %
BAM.PR.B Floater -1.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 13.75
Evaluated at bid price : 13.75
Bid-YTW : 3.15 %
TD.PF.E FixedReset Disc -1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 22.97
Evaluated at bid price : 24.36
Bid-YTW : 3.66 %
TRP.PR.D FixedReset Disc -1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 21.45
Evaluated at bid price : 21.45
Bid-YTW : 3.95 %
BAM.PR.K Floater 8.99 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 13.70
Evaluated at bid price : 13.70
Bid-YTW : 3.16 %
Volume Highlights
Issue Index Shares
Traded		 Notes
CU.PR.C FixedReset Disc 40,555 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 21.61
Evaluated at bid price : 22.00
Bid-YTW : 3.71 %
BAM.PF.C Perpetual-Premium 40,270 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 24.77
Evaluated at bid price : 25.06
Bid-YTW : 4.91 %
BAM.PF.F FixedReset Disc 37,773 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 23.02
Evaluated at bid price : 24.20
Bid-YTW : 3.88 %
BAM.PR.X FixedReset Disc 30,100 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 17.41
Evaluated at bid price : 17.41
Bid-YTW : 3.90 %
BAM.PR.Z FixedReset Disc 27,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 23.83
Evaluated at bid price : 24.21
Bid-YTW : 4.08 %
TRP.PR.K FixedReset Prem 26,480 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-05-31
Maturity Price : 25.00
Evaluated at bid price : 25.51
Bid-YTW : 2.96 %
There were 27 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: 15.50 – 16.40
Spot Rate : 0.9000
Average : 0.6961

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 15.50
Evaluated at bid price : 15.50
Bid-YTW : 3.84 %
BAM.PF.E FixedReset Disc Quote: 21.00 – 21.75
Spot Rate : 0.7500
Average : 0.5631

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 21.00
Evaluated at bid price : 21.00
Bid-YTW : 4.18 %
BNS.PR.I FixedReset Prem Quote: 25.25 – 25.80
Spot Rate : 0.5500
Average : 0.3897

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 23.53
Evaluated at bid price : 25.25
Bid-YTW : 3.37 %
CU.PR.C FixedReset Disc Quote: 22.00 – 22.47
Spot Rate : 0.4700
Average : 0.3242

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 21.61
Evaluated at bid price : 22.00
Bid-YTW : 3.71 %
BAM.PR.C Floater Quote: 13.49 – 14.00
Spot Rate : 0.5100
Average : 0.3853

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 13.49
Evaluated at bid price : 13.49
Bid-YTW : 3.21 %
NA.PR.G FixedReset Prem Quote: 25.90 – 26.20
Spot Rate : 0.3000
Average : 0.1865

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-10
Maturity Price : 23.77
Evaluated at bid price : 25.90
Bid-YTW : 3.54 %
Market Action

June 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
Value		 Median
Mod Dur
(YTW)		 Issues Day’s Perf. Index Value
Ratchet 0.00 % 0.00 % 0 0.00 0 0.0496 % 2,723.3
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.0496 % 4,997.0
Floater 3.19 % 3.12 % 96,816 19.34 3 0.0496 % 2,879.8
OpRet 0.00 % 0.00 % 0 0.00 0 0.1224 % 3,694.9
SplitShare 4.63 % 3.59 % 39,021 2.59 6 0.1224 % 4,412.5
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.1224 % 3,442.8
Perpetual-Premium 5.10 % -7.42 % 68,522 0.09 30 -0.0103 % 3,315.9
Perpetual-Discount 4.65 % 4.65 % 51,896 16.12 4 0.0304 % 3,920.4
FixedReset Disc 3.98 % 3.56 % 145,769 18.18 40 -0.3070 % 2,818.5
Insurance Straight 4.89 % -3.93 % 86,368 0.09 22 0.0303 % 3,720.4
FloatingReset 2.73 % 2.94 % 48,118 19.90 2 1.3313 % 2,636.4
FixedReset Prem 4.80 % 2.85 % 209,408 1.49 33 -0.1289 % 2,767.9
FixedReset Bank Non 1.80 % 1.97 % 118,732 0.21 1 0.0000 % 2,893.1
FixedReset Ins Non 4.15 % 3.47 % 167,531 18.06 21 -0.2976 % 2,915.5
Performance Highlights
Issue Index Change Notes
BAM.PR.R FixedReset Disc -2.33 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-09
Maturity Price : 19.73
Evaluated at bid price : 19.73
Bid-YTW : 4.08 %
MFC.PR.F FixedReset Ins Non -1.60 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-09
Maturity Price : 17.20
Evaluated at bid price : 17.20
Bid-YTW : 3.32 %
TRP.PR.E FixedReset Disc -1.52 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-09
Maturity Price : 21.40
Evaluated at bid price : 21.40
Bid-YTW : 3.91 %
SLF.PR.I FixedReset Ins Non -1.31 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-09
Maturity Price : 24.24
Evaluated at bid price : 24.80
Bid-YTW : 3.60 %
BAM.PF.E FixedReset Disc -1.28 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-09
Maturity Price : 21.26
Evaluated at bid price : 21.53
Bid-YTW : 4.05 %
MFC.PR.N FixedReset Ins Non -1.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-09
Maturity Price : 22.60
Evaluated at bid price : 23.44
Bid-YTW : 3.42 %
PWF.PR.P FixedReset Disc 1.58 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-09
Maturity Price : 16.10
Evaluated at bid price : 16.10
Bid-YTW : 3.70 %
TRP.PR.F FloatingReset 1.71 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-09
Maturity Price : 17.29
Evaluated at bid price : 17.29
Bid-YTW : 2.94 %
SLF.PR.G FixedReset Ins Non 2.77 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-09
Maturity Price : 15.96
Evaluated at bid price : 15.96
Bid-YTW : 3.44 %
Volume Highlights
Issue Index Shares
Traded		 Notes
BAM.PF.D Perpetual-Premium 83,525 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-09
Maturity Price : 24.79
Evaluated at bid price : 25.11
Bid-YTW : 4.95 %
PWF.PR.P FixedReset Disc 60,300 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-09
Maturity Price : 16.10
Evaluated at bid price : 16.10
Bid-YTW : 3.70 %
BAM.PF.C Perpetual-Premium 53,500 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-09
Maturity Price : 24.85
Evaluated at bid price : 25.22
Bid-YTW : 4.87 %
TRP.PR.D FixedReset Disc 39,605 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-09
Maturity Price : 21.36
Evaluated at bid price : 21.67
Bid-YTW : 3.88 %
TRP.PR.K FixedReset Prem 38,174 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-05-31
Maturity Price : 25.00
Evaluated at bid price : 25.73
Bid-YTW : 2.04 %
RY.PR.Z FixedReset Disc 37,700 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-09
Maturity Price : 22.87
Evaluated at bid price : 23.78
Bid-YTW : 3.27 %
There were 35 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
BAM.PR.K Floater Quote: 12.57 – 14.25
Spot Rate : 1.6800
Average : 1.4113

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-09
Maturity Price : 12.57
Evaluated at bid price : 12.57
Bid-YTW : 3.45 %
BIP.PR.B FixedReset Prem Quote: 26.10 – 27.30
Spot Rate : 1.2000
Average : 0.9537

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-31
Maturity Price : 25.00
Evaluated at bid price : 26.10
Bid-YTW : 4.38 %
TRP.PR.D FixedReset Disc Quote: 21.67 – 22.50
Spot Rate : 0.8300
Average : 0.5950

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-09
Maturity Price : 21.36
Evaluated at bid price : 21.67
Bid-YTW : 3.88 %
EIT.PR.B SplitShare Quote: 26.05 – 27.05
Spot Rate : 1.0000
Average : 0.7952

YTW SCENARIO
Maturity Type : Soft Maturity
Maturity Date : 2025-03-14
Maturity Price : 25.00
Evaluated at bid price : 26.05
Bid-YTW : 3.59 %
BAM.PR.X FixedReset Disc Quote: 17.41 – 18.00
Spot Rate : 0.5900
Average : 0.3884

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-09
Maturity Price : 17.41
Evaluated at bid price : 17.41
Bid-YTW : 3.90 %
BAM.PF.J FixedReset Prem Quote: 25.85 – 26.26
Spot Rate : 0.4100
Average : 0.2507

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-12-31
Maturity Price : 25.00
Evaluated at bid price : 25.85
Bid-YTW : 3.12 %
Market Action

June 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 -0.2967 % 2,721.9
FixedFloater 0.00 % 0.00 % 0 0.00 0 -0.2967 % 4,994.6
Floater 3.19 % 3.13 % 94,783 19.34 3 -0.2967 % 2,878.4
OpRet 0.00 % 0.00 % 0 0.00 0 0.0258 % 3,690.4
SplitShare 4.63 % 3.68 % 38,761 3.45 6 0.0258 % 4,407.1
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.0258 % 3,438.6
Perpetual-Premium 5.10 % -8.96 % 68,038 0.09 30 -0.1535 % 3,316.2
Perpetual-Discount 4.65 % 4.67 % 50,414 16.10 4 0.0304 % 3,919.2
FixedReset Disc 3.97 % 3.57 % 142,500 18.19 40 -0.0253 % 2,827.2
Insurance Straight 4.89 % -3.50 % 89,686 0.09 22 -0.1264 % 3,719.3
FloatingReset 2.76 % 2.99 % 49,941 19.77 2 0.6231 % 2,601.8
FixedReset Prem 4.80 % 2.68 % 209,928 1.49 33 -0.0503 % 2,771.4
FixedReset Bank Non 1.80 % 1.95 % 117,148 0.21 1 -0.0400 % 2,893.1
FixedReset Ins Non 4.14 % 3.38 % 169,462 18.07 21 0.4184 % 2,924.2
Performance Highlights
Issue Index Change Notes
BAM.PR.K Floater -6.54 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 12.57
Evaluated at bid price : 12.57
Bid-YTW : 3.45 %
RY.PR.S FixedReset Prem -1.41 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 23.47
Evaluated at bid price : 25.10
Bid-YTW : 3.33 %
CU.PR.I FixedReset Prem -1.35 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-01
Maturity Price : 25.00
Evaluated at bid price : 26.29
Bid-YTW : 3.29 %
CU.PR.E Perpetual-Premium -1.30 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-09-01
Maturity Price : 25.00
Evaluated at bid price : 25.10
Bid-YTW : 3.59 %
BAM.PF.G FixedReset Disc -1.24 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 22.40
Evaluated at bid price : 23.11
Bid-YTW : 3.92 %
SLF.PR.A Insurance Straight -1.22 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-07-08
Maturity Price : 25.00
Evaluated at bid price : 25.15
Bid-YTW : -5.93 %
BIP.PR.B FixedReset Prem -1.13 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-31
Maturity Price : 25.00
Evaluated at bid price : 26.20
Bid-YTW : 4.28 %
BAM.PF.B FixedReset Disc -1.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 22.37
Evaluated at bid price : 22.86
Bid-YTW : 4.02 %
BMO.PR.S FixedReset Disc -1.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 22.89
Evaluated at bid price : 23.81
Bid-YTW : 3.40 %
BIP.PR.A FixedReset Disc -1.05 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 22.61
Evaluated at bid price : 23.50
Bid-YTW : 4.56 %
CU.PR.C FixedReset Disc 1.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 21.67
Evaluated at bid price : 22.08
Bid-YTW : 3.69 %
CM.PR.P FixedReset Disc 1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 22.82
Evaluated at bid price : 23.85
Bid-YTW : 3.37 %
MFC.PR.M FixedReset Ins Non 1.12 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 23.05
Evaluated at bid price : 24.33
Bid-YTW : 3.32 %
BNS.PR.I FixedReset Prem 1.27 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 23.63
Evaluated at bid price : 25.57
Bid-YTW : 3.31 %
SLF.PR.J FloatingReset 1.32 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 15.30
Evaluated at bid price : 15.30
Bid-YTW : 2.49 %
SLF.PR.I FixedReset Ins Non 1.33 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-31
Maturity Price : 25.00
Evaluated at bid price : 25.13
Bid-YTW : 2.47 %
SLF.PR.H FixedReset Ins Non 1.60 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 21.78
Evaluated at bid price : 22.22
Bid-YTW : 3.38 %
BIP.PR.E FixedReset Disc 1.78 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.12
Bid-YTW : 4.58 %
BAM.PR.B Floater 2.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 13.90
Evaluated at bid price : 13.90
Bid-YTW : 3.11 %
PWF.PR.P FixedReset Disc 2.26 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 15.85
Evaluated at bid price : 15.85
Bid-YTW : 3.76 %
BAM.PR.C Floater 3.44 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 13.85
Evaluated at bid price : 13.85
Bid-YTW : 3.13 %
SLF.PR.G FixedReset Ins Non 3.60 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 15.53
Evaluated at bid price : 15.53
Bid-YTW : 3.53 %
TRP.PR.E FixedReset Disc 4.27 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 21.40
Evaluated at bid price : 21.73
Bid-YTW : 3.83 %
Volume Highlights
Issue Index Shares
Traded		 Notes
TRP.PR.K FixedReset Prem 219,374 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-05-31
Maturity Price : 25.00
Evaluated at bid price : 25.70
Bid-YTW : 2.16 %
SLF.PR.G FixedReset Ins Non 205,300 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 15.53
Evaluated at bid price : 15.53
Bid-YTW : 3.53 %
MFC.PR.K FixedReset Ins Non 84,977 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 22.98
Evaluated at bid price : 23.77
Bid-YTW : 3.34 %
BAM.PR.K Floater 78,200 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 12.57
Evaluated at bid price : 12.57
Bid-YTW : 3.45 %
TRP.PR.A FixedReset Disc 74,890 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 18.77
Evaluated at bid price : 18.77
Bid-YTW : 3.89 %
BAM.PF.B FixedReset Disc 68,247 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 22.37
Evaluated at bid price : 22.86
Bid-YTW : 4.02 %
There were 25 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
EIT.PR.B SplitShare Quote: 26.05 – 27.05
Spot Rate : 1.0000
Average : 0.5706

YTW SCENARIO
Maturity Type : Soft Maturity
Maturity Date : 2025-03-14
Maturity Price : 25.00
Evaluated at bid price : 26.05
Bid-YTW : 3.59 %
BIP.PR.B FixedReset Prem Quote: 26.20 – 27.30
Spot Rate : 1.1000
Average : 0.6837

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-31
Maturity Price : 25.00
Evaluated at bid price : 26.20
Bid-YTW : 4.28 %
BAM.PR.K Floater Quote: 12.57 – 13.95
Spot Rate : 1.3800
Average : 1.1168

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 12.57
Evaluated at bid price : 12.57
Bid-YTW : 3.45 %
IFC.PR.I Perpetual-Premium Quote: 27.50 – 28.38
Spot Rate : 0.8800
Average : 0.6314

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-03-31
Maturity Price : 26.00
Evaluated at bid price : 27.50
Bid-YTW : 3.86 %
TD.PF.D FixedReset Disc Quote: 24.45 – 24.94
Spot Rate : 0.4900
Average : 0.3545

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 23.03
Evaluated at bid price : 24.45
Bid-YTW : 3.57 %
BAM.PF.D Perpetual-Premium Quote: 25.18 – 25.65
Spot Rate : 0.4700
Average : 0.3700

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-08
Maturity Price : 24.86
Evaluated at bid price : 25.18
Bid-YTW : 4.94 %
Market Action

June 7, 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 0.9738 % 2,730.0
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.9738 % 5,009.4
Floater 3.18 % 3.22 % 87,659 19.11 3 0.9738 % 2,887.0
OpRet 0.00 % 0.00 % 0 0.00 0 -0.1352 % 3,689.4
SplitShare 4.63 % 3.64 % 39,128 3.45 6 -0.1352 % 4,406.0
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.1352 % 3,437.7
Perpetual-Premium 5.09 % -8.59 % 68,269 0.09 30 -0.0541 % 3,321.3
Perpetual-Discount 4.65 % 4.65 % 52,216 16.12 4 -0.3134 % 3,918.0
FixedReset Disc 3.97 % 3.54 % 144,224 18.10 40 -0.6101 % 2,827.9
Insurance Straight 4.89 % -5.08 % 87,037 0.09 22 0.0071 % 3,724.0
FloatingReset 2.78 % 2.99 % 51,664 19.77 2 -1.3522 % 2,585.6
FixedReset Prem 4.79 % 2.73 % 211,745 1.50 33 -0.4151 % 2,772.8
FixedReset Bank Non 1.80 % 1.74 % 117,294 0.22 1 -0.2392 % 2,894.3
FixedReset Ins Non 4.16 % 3.49 % 174,974 18.08 21 -0.4187 % 2,912.0
Performance Highlights
Issue Index Change Notes
TRP.PR.E FixedReset Disc -4.58 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 20.84
Evaluated at bid price : 20.84
Bid-YTW : 4.02 %
BIP.PR.E FixedReset Disc -3.25 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 23.51
Evaluated at bid price : 24.68
Bid-YTW : 5.01 %
PWF.PR.P FixedReset Disc -3.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 15.50
Evaluated at bid price : 15.50
Bid-YTW : 3.84 %
CU.PR.I FixedReset Prem -2.84 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-01
Maturity Price : 25.00
Evaluated at bid price : 26.65
Bid-YTW : 2.95 %
CM.PR.P FixedReset Disc -2.40 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 22.70
Evaluated at bid price : 23.61
Bid-YTW : 3.41 %
TRP.PR.F FloatingReset -2.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 17.00
Evaluated at bid price : 17.00
Bid-YTW : 2.99 %
BMO.PR.F FixedReset Prem -1.61 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-05-25
Maturity Price : 25.00
Evaluated at bid price : 26.85
Bid-YTW : 2.56 %
PWF.PR.T FixedReset Disc -1.52 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 23.03
Evaluated at bid price : 24.00
Bid-YTW : 3.48 %
NA.PR.E FixedReset Disc -1.51 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 23.49
Evaluated at bid price : 24.71
Bid-YTW : 3.53 %
TD.PF.E FixedReset Disc -1.45 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 23.05
Evaluated at bid price : 24.55
Bid-YTW : 3.62 %
TD.PF.C FixedReset Disc -1.44 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 22.85
Evaluated at bid price : 23.90
Bid-YTW : 3.36 %
SLF.PR.I FixedReset Ins Non -1.43 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 24.24
Evaluated at bid price : 24.80
Bid-YTW : 3.60 %
BAM.PF.H FixedReset Prem -1.29 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-31
Maturity Price : 25.00
Evaluated at bid price : 27.45
Bid-YTW : 2.93 %
MFC.PR.F FixedReset Ins Non -1.25 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 17.31
Evaluated at bid price : 17.31
Bid-YTW : 3.30 %
BAM.PR.X FixedReset Disc -1.24 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 17.57
Evaluated at bid price : 17.57
Bid-YTW : 3.86 %
CU.PR.F Perpetual-Discount -1.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 24.29
Evaluated at bid price : 24.55
Bid-YTW : 4.60 %
BAM.PR.N Perpetual-Premium -1.18 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 24.80
Evaluated at bid price : 25.02
Bid-YTW : 4.82 %
BIK.PR.A FixedReset Prem -1.16 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-03-31
Maturity Price : 25.00
Evaluated at bid price : 26.30
Bid-YTW : 3.78 %
MFC.PR.M FixedReset Ins Non -1.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 22.93
Evaluated at bid price : 24.06
Bid-YTW : 3.37 %
RY.PR.Z FixedReset Disc -1.12 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 22.88
Evaluated at bid price : 23.80
Bid-YTW : 3.27 %
NA.PR.W FixedReset Disc -1.07 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 22.94
Evaluated at bid price : 24.11
Bid-YTW : 3.29 %
CM.PR.Q FixedReset Disc -1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 22.98
Evaluated at bid price : 24.33
Bid-YTW : 3.58 %
GWO.PR.N FixedReset Ins Non -1.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 15.65
Evaluated at bid price : 15.65
Bid-YTW : 3.32 %
BAM.PR.C Floater 1.83 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 13.39
Evaluated at bid price : 13.39
Bid-YTW : 3.23 %
BAM.PF.G FixedReset Disc 6.85 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 22.56
Evaluated at bid price : 23.40
Bid-YTW : 3.86 %
Volume Highlights
Issue Index Shares
Traded		 Notes
SLF.PR.A Insurance Straight 77,000 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-07-07
Maturity Price : 25.00
Evaluated at bid price : 25.46
Bid-YTW : -20.02 %
TRP.PR.A FixedReset Disc 47,268 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 18.78
Evaluated at bid price : 18.78
Bid-YTW : 3.89 %
RY.PR.Z FixedReset Disc 40,500 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 22.88
Evaluated at bid price : 23.80
Bid-YTW : 3.27 %
RY.PR.J FixedReset Disc 31,100 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-05-24
Maturity Price : 25.00
Evaluated at bid price : 24.83
Bid-YTW : 3.43 %
SLF.PR.I FixedReset Ins Non 27,449 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 24.24
Evaluated at bid price : 24.80
Bid-YTW : 3.60 %
NA.PR.S FixedReset Disc 26,500 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 23.11
Evaluated at bid price : 24.28
Bid-YTW : 3.41 %
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.PR.B Floater Quote: 13.60 – 15.00
Spot Rate : 1.4000
Average : 0.8880

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 13.60
Evaluated at bid price : 13.60
Bid-YTW : 3.18 %
BIP.PR.E FixedReset Disc Quote: 24.68 – 25.70
Spot Rate : 1.0200
Average : 0.6031

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 23.51
Evaluated at bid price : 24.68
Bid-YTW : 5.01 %
TRP.PR.E FixedReset Disc Quote: 20.84 – 21.84
Spot Rate : 1.0000
Average : 0.6684

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 20.84
Evaluated at bid price : 20.84
Bid-YTW : 4.02 %
CM.PR.P FixedReset Disc Quote: 23.61 – 24.35
Spot Rate : 0.7400
Average : 0.4660

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 22.70
Evaluated at bid price : 23.61
Bid-YTW : 3.41 %
SLF.PR.G FixedReset Ins Non Quote: 14.99 – 15.99
Spot Rate : 1.0000
Average : 0.8180

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 14.99
Evaluated at bid price : 14.99
Bid-YTW : 3.66 %
TRP.PR.F FloatingReset Quote: 17.00 – 17.60
Spot Rate : 0.6000
Average : 0.4257

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-07
Maturity Price : 17.00
Evaluated at bid price : 17.00
Bid-YTW : 2.99 %
Market Action

June 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 0.4767 % 2,703.7
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.4767 % 4,961.1
Floater 3.21 % 3.23 % 88,065 19.08 3 0.4767 % 2,859.1
OpRet 0.00 % 0.00 % 0 0.00 0 0.1031 % 3,694.4
SplitShare 4.63 % 3.57 % 40,607 2.60 6 0.1031 % 4,411.9
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.1031 % 3,442.4
Perpetual-Premium 5.09 % -8.16 % 69,511 0.09 30 0.0735 % 3,323.1
Perpetual-Discount 4.64 % 4.55 % 64,397 16.30 4 0.5591 % 3,930.3
FixedReset Disc 3.94 % 3.51 % 149,940 18.07 40 0.1763 % 2,845.2
Insurance Straight 4.89 % -7.00 % 90,598 0.09 22 0.0623 % 3,723.7
FloatingReset 2.73 % 2.91 % 53,388 19.97 2 -0.0307 % 2,621.1
FixedReset Prem 4.77 % 2.23 % 212,203 1.51 33 0.0420 % 2,784.4
FixedReset Bank Non 1.80 % 0.60 % 118,714 0.22 1 0.0798 % 2,901.2
FixedReset Ins Non 4.14 % 3.46 % 176,534 18.00 21 -0.0820 % 2,924.3
Performance Highlights
Issue Index Change Notes
BAM.PF.G FixedReset Disc -5.56 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 21.61
Evaluated at bid price : 21.90
Bid-YTW : 4.21 %
SLF.PR.G FixedReset Ins Non -4.28 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 14.99
Evaluated at bid price : 14.99
Bid-YTW : 3.72 %
MFC.PR.F FixedReset Ins Non -2.12 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 17.53
Evaluated at bid price : 17.53
Bid-YTW : 3.33 %
BIP.PR.D FixedReset Prem -1.72 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.67
Bid-YTW : 1.30 %
IFC.PR.F Insurance Straight -1.60 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-09-30
Maturity Price : 25.50
Evaluated at bid price : 26.50
Bid-YTW : 4.25 %
BAM.PR.T FixedReset Disc -1.54 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 20.40
Evaluated at bid price : 20.40
Bid-YTW : 4.04 %
BAM.PR.C Floater -1.50 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 13.15
Evaluated at bid price : 13.15
Bid-YTW : 3.29 %
TRP.PR.G FixedReset Disc -1.41 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 22.70
Evaluated at bid price : 23.76
Bid-YTW : 3.90 %
NA.PR.C FixedReset Prem -1.23 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-11-15
Maturity Price : 25.00
Evaluated at bid price : 25.62
Bid-YTW : 2.87 %
BIK.PR.A FixedReset Prem 1.18 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-03-31
Maturity Price : 25.00
Evaluated at bid price : 26.61
Bid-YTW : 3.31 %
BAM.PR.N Perpetual-Premium 1.28 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-07-04
Maturity Price : 25.00
Evaluated at bid price : 25.32
Bid-YTW : -0.49 %
CU.PR.F Perpetual-Discount 1.30 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 24.57
Evaluated at bid price : 24.85
Bid-YTW : 4.54 %
BAM.PF.J FixedReset Prem 1.32 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-12-31
Maturity Price : 25.00
Evaluated at bid price : 26.19
Bid-YTW : 2.22 %
TRP.PR.A FixedReset Disc 1.41 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 18.76
Evaluated at bid price : 18.76
Bid-YTW : 3.95 %
BAM.PR.K Floater 1.44 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 13.40
Evaluated at bid price : 13.40
Bid-YTW : 3.23 %
BAM.PR.B Floater 1.50 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 13.50
Evaluated at bid price : 13.50
Bid-YTW : 3.21 %
TRP.PR.C FixedReset Disc 1.95 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 15.18
Evaluated at bid price : 15.18
Bid-YTW : 3.89 %
CU.PR.I FixedReset Prem 2.01 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-01
Maturity Price : 25.00
Evaluated at bid price : 27.43
Bid-YTW : 2.23 %
CM.PR.P FixedReset Disc 2.07 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 22.97
Evaluated at bid price : 24.19
Bid-YTW : 3.34 %
GWO.PR.N FixedReset Ins Non 2.53 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 15.81
Evaluated at bid price : 15.81
Bid-YTW : 3.35 %
PWF.PR.P FixedReset Disc 3.23 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 16.00
Evaluated at bid price : 16.00
Bid-YTW : 3.78 %
BAM.PF.E FixedReset Disc 8.47 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 21.71
Evaluated at bid price : 22.02
Bid-YTW : 4.00 %
Volume Highlights
Issue Index Shares
Traded		 Notes
MFC.PR.O FixedReset Ins Non 150,300 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-07-19
Maturity Price : 25.00
Evaluated at bid price : 24.99
Bid-YTW : 4.09 %
BAM.PR.B Floater 110,802 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 13.50
Evaluated at bid price : 13.50
Bid-YTW : 3.21 %
TRP.PR.A FixedReset Disc 106,762 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 18.76
Evaluated at bid price : 18.76
Bid-YTW : 3.95 %
IFC.PR.A FixedReset Ins Non 99,872 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 20.50
Evaluated at bid price : 20.50
Bid-YTW : 3.35 %
CM.PR.R FixedReset Prem 46,423 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-07-31
Maturity Price : 25.00
Evaluated at bid price : 25.60
Bid-YTW : 2.69 %
BAM.PF.B FixedReset Disc 45,518 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 22.61
Evaluated at bid price : 23.25
Bid-YTW : 3.99 %
There were 43 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: 21.90 – 23.40
Spot Rate : 1.5000
Average : 0.8737

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 21.61
Evaluated at bid price : 21.90
Bid-YTW : 4.21 %
SLF.PR.G FixedReset Ins Non Quote: 14.99 – 15.99
Spot Rate : 1.0000
Average : 0.6184

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 14.99
Evaluated at bid price : 14.99
Bid-YTW : 3.72 %
IFC.PR.E Insurance Straight Quote: 26.09 – 27.50
Spot Rate : 1.4100
Average : 1.1109

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-06-30
Maturity Price : 25.25
Evaluated at bid price : 26.09
Bid-YTW : 4.53 %
SLF.PR.H FixedReset Ins Non Quote: 21.75 – 22.49
Spot Rate : 0.7400
Average : 0.5501

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 21.45
Evaluated at bid price : 21.75
Bid-YTW : 3.53 %
BIP.PR.D FixedReset Prem Quote: 25.67 – 26.17
Spot Rate : 0.5000
Average : 0.3102

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.67
Bid-YTW : 1.30 %
BNS.PR.I FixedReset Prem Quote: 25.50 – 25.98
Spot Rate : 0.4800
Average : 0.2926

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-04
Maturity Price : 23.61
Evaluated at bid price : 25.50
Bid-YTW : 3.36 %
Market Action

June 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 0.6820 % 2,690.8
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.6820 % 4,937.6
Floater 3.23 % 3.26 % 87,556 19.03 3 0.6820 % 2,845.6
OpRet 0.00 % 0.00 % 0 0.00 0 -0.1416 % 3,690.6
SplitShare 4.63 % 3.77 % 41,989 3.46 6 -0.1416 % 4,407.4
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.1416 % 3,438.8
Perpetual-Premium 5.09 % -8.00 % 69,599 0.09 30 0.0258 % 3,320.7
Perpetual-Discount 4.66 % 4.67 % 48,945 16.09 4 0.1527 % 3,908.5
FixedReset Disc 3.95 % 3.50 % 155,030 17.99 40 0.0734 % 2,840.2
Insurance Straight 4.89 % -7.14 % 84,282 0.09 22 0.0107 % 3,721.4
FloatingReset 2.73 % 2.91 % 53,038 19.99 2 2.3585 % 2,621.9
FixedReset Prem 4.78 % 2.44 % 216,433 1.51 33 0.0315 % 2,783.2
FixedReset Bank Non 1.80 % 0.94 % 117,462 0.23 1 0.1999 % 2,898.9
FixedReset Ins Non 4.14 % 3.50 % 162,942 17.99 21 0.3024 % 2,926.7
Performance Highlights
Issue Index Change Notes
BAM.PF.E FixedReset Disc -7.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 20.30
Evaluated at bid price : 20.30
Bid-YTW : 4.37 %
TRP.PR.C FixedReset Disc -3.19 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 14.89
Evaluated at bid price : 14.89
Bid-YTW : 3.97 %
PWF.PR.P FixedReset Disc -3.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 15.50
Evaluated at bid price : 15.50
Bid-YTW : 3.90 %
IFC.PR.E Insurance Straight -2.40 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-06-30
Maturity Price : 25.25
Evaluated at bid price : 26.01
Bid-YTW : 4.61 %
PWF.PR.Z Perpetual-Premium -2.36 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-07-31
Maturity Price : 25.25
Evaluated at bid price : 26.11
Bid-YTW : 4.35 %
CU.PR.I FixedReset Prem -1.75 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-01
Maturity Price : 25.00
Evaluated at bid price : 26.89
Bid-YTW : 2.72 %
BAM.PF.J FixedReset Prem -1.71 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-12-31
Maturity Price : 25.00
Evaluated at bid price : 25.85
Bid-YTW : 3.09 %
CM.PR.P FixedReset Disc -1.66 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 22.75
Evaluated at bid price : 23.70
Bid-YTW : 3.44 %
BAM.PR.N Perpetual-Premium -1.57 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 24.68
Evaluated at bid price : 25.00
Bid-YTW : 4.81 %
TD.PF.I FixedReset Prem -1.00 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-10-31
Maturity Price : 25.00
Evaluated at bid price : 25.65
Bid-YTW : 2.92 %
BAM.PR.X FixedReset Disc 1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 17.89
Evaluated at bid price : 17.89
Bid-YTW : 3.86 %
CU.PR.E Perpetual-Premium 1.03 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-07-03
Maturity Price : 25.25
Evaluated at bid price : 25.44
Bid-YTW : -3.92 %
TRP.PR.D FixedReset Disc 1.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 21.59
Evaluated at bid price : 22.00
Bid-YTW : 3.86 %
BAM.PR.R FixedReset Disc 1.19 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 20.38
Evaluated at bid price : 20.38
Bid-YTW : 4.01 %
BAM.PR.K Floater 1.23 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 13.21
Evaluated at bid price : 13.21
Bid-YTW : 3.28 %
BAM.PF.F FixedReset Disc 1.29 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 23.10
Evaluated at bid price : 24.40
Bid-YTW : 3.88 %
BMO.PR.F FixedReset Prem 1.52 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-05-25
Maturity Price : 25.00
Evaluated at bid price : 27.30
Bid-YTW : 1.95 %
BAM.PF.G FixedReset Disc 1.71 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 22.44
Evaluated at bid price : 23.19
Bid-YTW : 3.94 %
TRP.PR.G FixedReset Disc 1.86 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 22.86
Evaluated at bid price : 24.10
Bid-YTW : 3.83 %
TD.PF.J FixedReset Prem 1.94 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-04-30
Maturity Price : 25.00
Evaluated at bid price : 25.72
Bid-YTW : 3.38 %
SLF.PR.J FloatingReset 2.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 15.15
Evaluated at bid price : 15.15
Bid-YTW : 2.50 %
SLF.PR.G FixedReset Ins Non 2.09 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 15.66
Evaluated at bid price : 15.66
Bid-YTW : 3.57 %
MFC.PR.F FixedReset Ins Non 2.28 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 17.91
Evaluated at bid price : 17.91
Bid-YTW : 3.26 %
BAM.PR.T FixedReset Disc 2.32 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 20.72
Evaluated at bid price : 20.72
Bid-YTW : 3.97 %
PWF.PR.T FixedReset Disc 2.52 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 23.23
Evaluated at bid price : 24.45
Bid-YTW : 3.43 %
TRP.PR.F FloatingReset 2.65 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 17.40
Evaluated at bid price : 17.40
Bid-YTW : 2.91 %
Volume Highlights
Issue Index Shares
Traded		 Notes
RY.PR.Z FixedReset Disc 175,725 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 23.03
Evaluated at bid price : 24.11
Bid-YTW : 3.26 %
TRP.PR.A FixedReset Disc 116,060 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 18.50
Evaluated at bid price : 18.50
Bid-YTW : 4.00 %
BAM.PF.D Perpetual-Premium 105,200 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-09-30
Maturity Price : 25.25
Evaluated at bid price : 25.51
Bid-YTW : 4.32 %
BIP.PR.E FixedReset Disc 104,715 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.56
Bid-YTW : 3.54 %
CU.PR.G Perpetual-Discount 104,200 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 24.29
Evaluated at bid price : 24.58
Bid-YTW : 4.59 %
BAM.PR.M Perpetual-Premium 93,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 24.69
Evaluated at bid price : 25.01
Bid-YTW : 4.81 %
There were 44 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
BAM.PF.E FixedReset Disc Quote: 20.30 – 22.45
Spot Rate : 2.1500
Average : 1.3416

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 20.30
Evaluated at bid price : 20.30
Bid-YTW : 4.37 %
BAM.PR.K Floater Quote: 13.21 – 14.76
Spot Rate : 1.5500
Average : 0.9992

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 13.21
Evaluated at bid price : 13.21
Bid-YTW : 3.28 %
IFC.PR.E Insurance Straight Quote: 26.01 – 27.25
Spot Rate : 1.2400
Average : 0.7829

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-06-30
Maturity Price : 25.25
Evaluated at bid price : 26.01
Bid-YTW : 4.61 %
CM.PR.P FixedReset Disc Quote: 23.70 – 24.24
Spot Rate : 0.5400
Average : 0.3360

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-03
Maturity Price : 22.75
Evaluated at bid price : 23.70
Bid-YTW : 3.44 %
MFC.PR.G FixedReset Ins Non Quote: 25.01 – 26.01
Spot Rate : 1.0000
Average : 0.8093

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-19
Maturity Price : 25.00
Evaluated at bid price : 25.01
Bid-YTW : 3.50 %
PWF.PR.R Perpetual-Premium Quote: 26.05 – 26.70
Spot Rate : 0.6500
Average : 0.4614

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-07-03
Maturity Price : 25.00
Evaluated at bid price : 26.05
Bid-YTW : -34.95 %
Market Action

June 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 1.7738 % 2,672.6
FixedFloater 0.00 % 0.00 % 0 0.00 0 1.7738 % 4,904.1
Floater 3.25 % 3.27 % 90,656 19.00 3 1.7738 % 2,826.3
OpRet 0.00 % 0.00 % 0 0.00 0 0.0902 % 3,695.9
SplitShare 4.63 % 3.39 % 39,839 2.61 6 0.0902 % 4,413.6
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.0902 % 3,443.7
Perpetual-Premium 5.10 % -5.70 % 68,890 0.09 30 0.3560 % 3,319.8
Perpetual-Discount 4.67 % 4.67 % 49,646 16.09 4 0.6249 % 3,902.5
FixedReset Disc 3.95 % 3.56 % 151,754 18.10 40 0.6021 % 2,838.2
Insurance Straight 4.89 % -6.84 % 84,138 0.09 22 0.2017 % 3,721.0
FloatingReset 2.79 % 2.98 % 53,253 19.80 2 0.5057 % 2,561.5
FixedReset Prem 4.78 % 2.17 % 216,431 1.51 33 0.2386 % 2,782.4
FixedReset Bank Non 1.80 % 1.81 % 113,181 0.23 1 0.0000 % 2,893.1
FixedReset Ins Non 4.15 % 3.47 % 164,970 18.01 21 0.2061 % 2,917.9
Performance Highlights
Issue Index Change Notes
IAF.PR.I FixedReset Ins Non -1.14 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 23.65
Evaluated at bid price : 25.04
Bid-YTW : 3.67 %
TD.PF.J FixedReset Prem -1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 23.69
Evaluated at bid price : 25.23
Bid-YTW : 3.61 %
MFC.PR.J FixedReset Ins Non 1.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 23.67
Evaluated at bid price : 25.09
Bid-YTW : 3.52 %
CU.PR.H Perpetual-Premium 1.01 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-09-01
Maturity Price : 25.75
Evaluated at bid price : 26.02
Bid-YTW : 0.94 %
CU.PR.F Perpetual-Discount 1.03 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 23.98
Evaluated at bid price : 24.41
Bid-YTW : 4.61 %
MFC.PR.F FixedReset Ins Non 1.04 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 17.51
Evaluated at bid price : 17.51
Bid-YTW : 3.33 %
POW.PR.D Perpetual-Premium 1.06 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-07-02
Maturity Price : 25.00
Evaluated at bid price : 25.83
Bid-YTW : -25.11 %
IFC.PR.A FixedReset Ins Non 1.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 20.55
Evaluated at bid price : 20.55
Bid-YTW : 3.34 %
TRP.PR.B FixedReset Disc 1.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 14.05
Evaluated at bid price : 14.05
Bid-YTW : 3.74 %
TRP.PR.D FixedReset Disc 1.30 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 21.41
Evaluated at bid price : 21.75
Bid-YTW : 3.91 %
TRP.PR.E FixedReset Disc 1.55 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 21.36
Evaluated at bid price : 21.68
Bid-YTW : 3.88 %
BAM.PR.X FixedReset Disc 1.55 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 17.71
Evaluated at bid price : 17.71
Bid-YTW : 3.90 %
BAM.PF.F FixedReset Disc 1.65 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 22.97
Evaluated at bid price : 24.09
Bid-YTW : 3.94 %
BIP.PR.B FixedReset Prem 1.72 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-31
Maturity Price : 25.00
Evaluated at bid price : 26.56
Bid-YTW : 3.92 %
IFC.PR.E Insurance Straight 1.80 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-06-30
Maturity Price : 26.00
Evaluated at bid price : 26.65
Bid-YTW : 3.47 %
IFC.PR.F Insurance Straight 1.89 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-09-30
Maturity Price : 26.00
Evaluated at bid price : 27.00
Bid-YTW : 2.83 %
TRP.PR.C FixedReset Disc 2.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 15.38
Evaluated at bid price : 15.38
Bid-YTW : 3.84 %
CU.PR.I FixedReset Prem 2.16 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-01
Maturity Price : 25.00
Evaluated at bid price : 27.37
Bid-YTW : 2.28 %
PWF.PR.Z Perpetual-Premium 2.22 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-07-31
Maturity Price : 26.00
Evaluated at bid price : 26.74
Bid-YTW : 2.86 %
IFC.PR.I Perpetual-Premium 2.96 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-03-31
Maturity Price : 26.00
Evaluated at bid price : 27.85
Bid-YTW : 3.47 %
PWF.PR.P FixedReset Disc 3.23 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 16.00
Evaluated at bid price : 16.00
Bid-YTW : 3.78 %
BAM.PR.K Floater 3.82 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 13.05
Evaluated at bid price : 13.05
Bid-YTW : 3.32 %
BAM.PF.E FixedReset Disc 3.95 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 21.57
Evaluated at bid price : 21.83
Bid-YTW : 4.04 %
Volume Highlights
Issue Index Shares
Traded		 Notes
SLF.PR.I FixedReset Ins Non 246,317 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 24.42
Evaluated at bid price : 24.92
Bid-YTW : 3.63 %
NA.PR.E FixedReset Disc 127,088 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 23.56
Evaluated at bid price : 24.90
Bid-YTW : 3.54 %
TRP.PR.G FixedReset Disc 90,372 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 22.65
Evaluated at bid price : 23.66
Bid-YTW : 3.92 %
BAM.PF.A FixedReset Disc 79,325 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 23.46
Evaluated at bid price : 24.87
Bid-YTW : 3.95 %
MFC.PR.G FixedReset Ins Non 77,464 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-19
Maturity Price : 25.00
Evaluated at bid price : 25.01
Bid-YTW : 3.49 %
CM.PR.R FixedReset Prem 75,586 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-07-31
Maturity Price : 25.00
Evaluated at bid price : 25.82
Bid-YTW : 1.91 %
There were 46 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: 16.00 – 24.68
Spot Rate : 8.6800
Average : 4.6853

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 16.00
Evaluated at bid price : 16.00
Bid-YTW : 3.78 %
TRP.PR.B FixedReset Disc Quote: 14.05 – 15.90
Spot Rate : 1.8500
Average : 1.0644

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 14.05
Evaluated at bid price : 14.05
Bid-YTW : 3.74 %
TRP.PR.C FixedReset Disc Quote: 15.38 – 17.00
Spot Rate : 1.6200
Average : 0.9202

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 15.38
Evaluated at bid price : 15.38
Bid-YTW : 3.84 %
MFC.PR.G FixedReset Ins Non Quote: 25.01 – 26.01
Spot Rate : 1.0000
Average : 0.6002

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-19
Maturity Price : 25.00
Evaluated at bid price : 25.01
Bid-YTW : 3.49 %
TD.PF.J FixedReset Prem Quote: 25.23 – 25.94
Spot Rate : 0.7100
Average : 0.4271

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 23.69
Evaluated at bid price : 25.23
Bid-YTW : 3.61 %
PWF.PR.T FixedReset Disc Quote: 23.85 – 24.50
Spot Rate : 0.6500
Average : 0.4232

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-02
Maturity Price : 22.95
Evaluated at bid price : 23.85
Bid-YTW : 3.55 %
Market Action

June 1, 2021

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices
Values are provisional and are finalized monthly
Index Mean
Current
Yield
(at bid)		 Median
YTW		 Median
Average
Trading
Value		 Median
Mod Dur
(YTW)		 Issues Day’s Perf. Index Value
Ratchet 0.00 % 0.00 % 0 0.00 0 -1.6684 % 2,626.0
FixedFloater 0.00 % 0.00 % 0 0.00 0 -1.6684 % 4,818.7
Floater 3.31 % 3.29 % 91,584 18.95 3 -1.6684 % 2,777.0
OpRet 0.00 % 0.00 % 0 0.00 0 0.0773 % 3,692.5
SplitShare 4.63 % 3.46 % 39,745 2.61 6 0.0773 % 4,409.7
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.0773 % 3,440.6
Perpetual-Premium 5.11 % -11.21 % 67,750 0.09 30 0.2024 % 3,308.0
Perpetual-Discount 4.70 % 4.68 % 50,350 16.07 4 0.0410 % 3,878.3
FixedReset Disc 3.98 % 3.58 % 146,349 18.00 40 1.0508 % 2,821.2
Insurance Straight 4.90 % -5.11 % 82,334 0.09 22 -0.0214 % 3,713.5
FloatingReset 2.80 % 2.99 % 53,131 19.77 2 2.4943 % 2,548.6
FixedReset Prem 4.79 % 2.45 % 216,937 1.52 33 0.5717 % 2,775.7
FixedReset Bank Non 1.80 % 1.79 % 112,530 0.23 1 0.0400 % 2,893.1
FixedReset Ins Non 4.16 % 3.50 % 166,484 18.01 21 1.1510 % 2,911.9
Performance Highlights
Issue Index Change Notes
BAM.PR.K Floater -5.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 12.57
Evaluated at bid price : 12.57
Bid-YTW : 3.45 %
PWF.PR.P FixedReset Disc -1.27 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 15.50
Evaluated at bid price : 15.50
Bid-YTW : 3.90 %
BAM.PR.B Floater -1.20 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 13.16
Evaluated at bid price : 13.16
Bid-YTW : 3.29 %
NA.PR.E FixedReset Disc -1.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 23.49
Evaluated at bid price : 24.73
Bid-YTW : 3.57 %
TD.PF.B FixedReset Disc 1.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 22.95
Evaluated at bid price : 23.99
Bid-YTW : 3.35 %
PWF.PR.T FixedReset Disc 1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 22.90
Evaluated at bid price : 23.74
Bid-YTW : 3.57 %
BIP.PR.F FixedReset Prem 1.06 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-12-31
Maturity Price : 25.00
Evaluated at bid price : 25.67
Bid-YTW : 3.86 %
BAM.PR.T FixedReset Disc 1.09 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 20.32
Evaluated at bid price : 20.32
Bid-YTW : 4.05 %
GWO.PR.G Insurance Straight 1.11 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-07-01
Maturity Price : 25.00
Evaluated at bid price : 25.65
Bid-YTW : -28.78 %
TD.PF.M FixedReset Prem 1.12 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-07-31
Maturity Price : 25.00
Evaluated at bid price : 27.00
Bid-YTW : 2.61 %
PWF.PR.E Perpetual-Premium 1.13 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-07-01
Maturity Price : 25.00
Evaluated at bid price : 25.89
Bid-YTW : -28.95 %
IFC.PR.G FixedReset Ins Non 1.16 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 23.68
Evaluated at bid price : 25.34
Bid-YTW : 3.50 %
BAM.PR.R FixedReset Disc 1.16 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 19.98
Evaluated at bid price : 19.98
Bid-YTW : 4.09 %
MFC.PR.M FixedReset Ins Non 1.18 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 22.89
Evaluated at bid price : 23.98
Bid-YTW : 3.43 %
NA.PR.G FixedReset Prem 1.19 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 23.68
Evaluated at bid price : 25.61
Bid-YTW : 3.63 %
TD.PF.J FixedReset Prem 1.19 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 23.78
Evaluated at bid price : 25.49
Bid-YTW : 3.56 %
RY.PR.M FixedReset Disc 1.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 22.96
Evaluated at bid price : 24.34
Bid-YTW : 3.43 %
BAM.PF.B FixedReset Disc 1.28 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 22.45
Evaluated at bid price : 22.99
Bid-YTW : 4.04 %
MFC.PR.L FixedReset Ins Non 1.28 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 22.40
Evaluated at bid price : 22.94
Bid-YTW : 3.43 %
RY.PR.J FixedReset Disc 1.35 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-05-24
Maturity Price : 25.00
Evaluated at bid price : 24.79
Bid-YTW : 3.46 %
BAM.PR.C Floater 1.39 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 13.17
Evaluated at bid price : 13.17
Bid-YTW : 3.29 %
BIP.PR.D FixedReset Prem 1.41 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.89
Bid-YTW : 0.24 %
TRP.PR.E FixedReset Disc 1.43 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 21.35
Evaluated at bid price : 21.35
Bid-YTW : 3.97 %
GWO.PR.Q Insurance Straight 1.45 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-07-01
Maturity Price : 25.25
Evaluated at bid price : 25.75
Bid-YTW : -22.35 %
BAM.PF.I FixedReset Prem 1.53 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.94
Bid-YTW : 1.25 %
SLF.PR.J FloatingReset 1.58 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 14.75
Evaluated at bid price : 14.75
Bid-YTW : 2.56 %
TRP.PR.C FixedReset Disc 1.69 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 15.07
Evaluated at bid price : 15.07
Bid-YTW : 3.92 %
BAM.PR.X FixedReset Disc 1.69 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 17.44
Evaluated at bid price : 17.44
Bid-YTW : 3.96 %
GWO.PR.N FixedReset Ins Non 1.70 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 15.40
Evaluated at bid price : 15.40
Bid-YTW : 3.43 %
IAF.PR.I FixedReset Ins Non 1.73 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 23.75
Evaluated at bid price : 25.33
Bid-YTW : 3.61 %
MFC.PR.K FixedReset Ins Non 1.77 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 22.85
Evaluated at bid price : 23.54
Bid-YTW : 3.43 %
GWO.PR.S Insurance Straight 1.80 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-07-01
Maturity Price : 25.75
Evaluated at bid price : 26.65
Bid-YTW : -37.60 %
CU.PR.C FixedReset Disc 1.93 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 21.76
Evaluated at bid price : 22.22
Bid-YTW : 3.72 %
BIP.PR.A FixedReset Disc 1.94 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 22.71
Evaluated at bid price : 23.70
Bid-YTW : 4.55 %
BAM.PF.J FixedReset Prem 1.97 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-12-31
Maturity Price : 25.00
Evaluated at bid price : 26.34
Bid-YTW : 1.83 %
MFC.PR.N FixedReset Ins Non 1.99 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 22.66
Evaluated at bid price : 23.56
Bid-YTW : 3.44 %
IAF.PR.G FixedReset Ins Non 2.00 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-06-30
Maturity Price : 25.00
Evaluated at bid price : 24.99
Bid-YTW : 3.56 %
BAM.PR.Z FixedReset Disc 2.14 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 23.93
Evaluated at bid price : 24.29
Bid-YTW : 4.11 %
BIP.PR.E FixedReset Disc 2.17 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.47
Bid-YTW : 3.73 %
MFC.PR.F FixedReset Ins Non 2.24 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 17.33
Evaluated at bid price : 17.33
Bid-YTW : 3.37 %
TRP.PR.B FixedReset Disc 2.28 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 13.89
Evaluated at bid price : 13.89
Bid-YTW : 3.78 %
TRP.PR.D FixedReset Disc 2.34 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 21.47
Evaluated at bid price : 21.47
Bid-YTW : 3.99 %
IFC.PR.A FixedReset Ins Non 2.57 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 20.32
Evaluated at bid price : 20.32
Bid-YTW : 3.38 %
TRP.PR.A FixedReset Disc 2.96 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 18.42
Evaluated at bid price : 18.42
Bid-YTW : 4.02 %
BAM.PF.F FixedReset Disc 3.04 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 22.79
Evaluated at bid price : 23.70
Bid-YTW : 4.03 %
SLF.PR.H FixedReset Ins Non 3.05 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 21.36
Evaluated at bid price : 21.64
Bid-YTW : 3.55 %
TRP.PR.F FloatingReset 3.30 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 16.89
Evaluated at bid price : 16.89
Bid-YTW : 2.99 %
BAM.PF.G FixedReset Disc 4.25 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 22.23
Evaluated at bid price : 22.83
Bid-YTW : 4.01 %
Volume Highlights
Issue Index Shares
Traded		 Notes
CM.PR.S FixedReset Disc 232,150 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 23.62
Evaluated at bid price : 24.86
Bid-YTW : 3.43 %
IAF.PR.G FixedReset Ins Non 166,835 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-06-30
Maturity Price : 25.00
Evaluated at bid price : 24.99
Bid-YTW : 3.56 %
PWF.PR.P FixedReset Disc 101,275 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 15.50
Evaluated at bid price : 15.50
Bid-YTW : 3.90 %
CM.PR.R FixedReset Prem 69,108 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-07-31
Maturity Price : 25.00
Evaluated at bid price : 25.79
Bid-YTW : 2.01 %
RY.PR.Z FixedReset Disc 34,078 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 22.97
Evaluated at bid price : 23.99
Bid-YTW : 3.28 %
TRP.PR.A FixedReset Disc 32,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 18.42
Evaluated at bid price : 18.42
Bid-YTW : 4.02 %
There were 34 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
IFC.PR.F Insurance Straight Quote: 26.50 – 27.83
Spot Rate : 1.3300
Average : 0.8382

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-09-30
Maturity Price : 25.50
Evaluated at bid price : 26.50
Bid-YTW : 4.24 %
CU.PR.H Perpetual-Premium Quote: 25.76 – 26.76
Spot Rate : 1.0000
Average : 0.6370

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-09-01
Maturity Price : 25.25
Evaluated at bid price : 25.76
Bid-YTW : 4.28 %
BAM.PR.R FixedReset Disc Quote: 19.98 – 20.94
Spot Rate : 0.9600
Average : 0.6148

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 19.98
Evaluated at bid price : 19.98
Bid-YTW : 4.09 %
BAM.PR.K Floater Quote: 12.57 – 13.39
Spot Rate : 0.8200
Average : 0.4998

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 12.57
Evaluated at bid price : 12.57
Bid-YTW : 3.45 %
IAF.PR.I FixedReset Ins Non Quote: 25.33 – 26.33
Spot Rate : 1.0000
Average : 0.7750

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 23.75
Evaluated at bid price : 25.33
Bid-YTW : 3.61 %
BAM.PF.E FixedReset Disc Quote: 21.00 – 21.95
Spot Rate : 0.9500
Average : 0.7681

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-06-01
Maturity Price : 21.00
Evaluated at bid price : 21.00
Bid-YTW : 4.22 %
Market Action

May 31, 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 0.7898 % 2,670.6
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.7898 % 4,900.4
Floater 3.25 % 3.27 % 91,776 19.00 3 0.7898 % 2,824.1
OpRet 0.00 % 0.00 % 0 0.00 0 0.2049 % 3,689.7
SplitShare 4.63 % 3.58 % 40,051 2.61 6 0.2049 % 4,406.3
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.2049 % 3,437.9
Perpetual-Premium 5.12 % -2.08 % 67,458 0.09 30 0.1859 % 3,301.3
Perpetual-Discount 4.70 % 4.68 % 50,926 16.07 4 0.2256 % 3,876.7
FixedReset Disc 4.06 % 3.62 % 147,824 18.06 41 0.1262 % 2,791.8
Insurance Straight 4.90 % 0.00 % 81,381 0.09 22 0.0589 % 3,714.3
FloatingReset 2.87 % 3.09 % 52,870 19.53 2 -0.6437 % 2,486.6
FixedReset Prem 4.82 % 2.86 % 213,006 1.51 33 0.0802 % 2,760.0
FixedReset Bank Non 1.80 % 1.94 % 112,629 0.23 1 0.0000 % 2,892.0
FixedReset Ins Non 4.21 % 3.55 % 166,274 17.95 21 0.4251 % 2,878.7
Performance Highlights
Issue Index Change Notes
BAM.PF.F FixedReset Disc -1.71 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 22.40
Evaluated at bid price : 23.00
Bid-YTW : 4.18 %
BIP.PR.A FixedReset Disc -1.69 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 22.48
Evaluated at bid price : 23.25
Bid-YTW : 4.65 %
BIP.PR.E FixedReset Disc -1.46 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 23.60
Evaluated at bid price : 24.93
Bid-YTW : 4.94 %
TRP.PR.A FixedReset Disc -1.43 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 17.89
Evaluated at bid price : 17.89
Bid-YTW : 4.14 %
NA.PR.G FixedReset Prem -1.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 23.59
Evaluated at bid price : 25.31
Bid-YTW : 3.69 %
CCS.PR.C Insurance Straight -1.03 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-06-30
Maturity Price : 25.00
Evaluated at bid price : 25.00
Bid-YTW : 0.00 %
BAM.PR.T FixedReset Disc 1.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 20.10
Evaluated at bid price : 20.10
Bid-YTW : 4.10 %
IFC.PR.C FixedReset Ins Non 1.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 23.56
Evaluated at bid price : 24.41
Bid-YTW : 3.65 %
BAM.PR.K Floater 1.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 13.25
Evaluated at bid price : 13.25
Bid-YTW : 3.27 %
MFC.PR.M FixedReset Ins Non 1.20 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 22.76
Evaluated at bid price : 23.70
Bid-YTW : 3.48 %
IAF.PR.I FixedReset Ins Non 1.22 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 23.59
Evaluated at bid price : 24.90
Bid-YTW : 3.70 %
PWF.PR.P FixedReset Disc 1.29 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 15.70
Evaluated at bid price : 15.70
Bid-YTW : 3.85 %
BIP.PR.B FixedReset Prem 1.44 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-31
Maturity Price : 25.00
Evaluated at bid price : 26.00
Bid-YTW : 4.45 %
BAM.PR.B Floater 1.83 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 13.32
Evaluated at bid price : 13.32
Bid-YTW : 3.25 %
CU.PR.I FixedReset Prem 1.92 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-01
Maturity Price : 25.00
Evaluated at bid price : 26.60
Bid-YTW : 2.98 %
TRP.PR.E FixedReset Disc 4.57 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 21.05
Evaluated at bid price : 21.05
Bid-YTW : 4.03 %
GWO.PR.N FixedReset Ins Non 5.90 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 15.25
Evaluated at bid price : 15.25
Bid-YTW : 3.50 %
Volume Highlights
Issue Index Shares
Traded		 Notes
IAF.PR.I FixedReset Ins Non 85,427 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 23.59
Evaluated at bid price : 24.90
Bid-YTW : 3.70 %
BNS.PR.H FixedReset Prem 65,326 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-01-26
Maturity Price : 25.00
Evaluated at bid price : 25.55
Bid-YTW : 2.16 %
BAM.PF.I FixedReset Prem 64,911 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.55
Bid-YTW : 3.12 %
BIP.PR.C FixedReset Prem 59,360 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-09-30
Maturity Price : 25.00
Evaluated at bid price : 25.21
Bid-YTW : 1.51 %
IAF.PR.G FixedReset Ins Non 54,428 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 24.06
Evaluated at bid price : 24.50
Bid-YTW : 3.82 %
MFC.PR.G FixedReset Ins Non 52,094 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-12-19
Maturity Price : 25.00
Evaluated at bid price : 24.99
Bid-YTW : 3.60 %
There were 30 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
TRP.PR.E FixedReset Disc Quote: 21.05 – 25.00
Spot Rate : 3.9500
Average : 2.3965

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 21.05
Evaluated at bid price : 21.05
Bid-YTW : 4.03 %
TRP.PR.D FixedReset Disc Quote: 20.98 – 22.35
Spot Rate : 1.3700
Average : 0.9605

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 20.98
Evaluated at bid price : 20.98
Bid-YTW : 4.08 %
BAM.PF.G FixedReset Disc Quote: 21.90 – 22.96
Spot Rate : 1.0600
Average : 0.6913

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-31
Maturity Price : 21.61
Evaluated at bid price : 21.90
Bid-YTW : 4.21 %
GWO.PR.S Insurance Straight Quote: 26.50 – 27.50
Spot Rate : 1.0000
Average : 0.6357

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-06-30
Maturity Price : 25.50
Evaluated at bid price : 26.50
Bid-YTW : -28.85 %
CU.PR.E Perpetual-Premium Quote: 25.16 – 26.12
Spot Rate : 0.9600
Average : 0.6043

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-09-01
Maturity Price : 25.00
Evaluated at bid price : 25.16
Bid-YTW : 2.33 %
CU.PR.I FixedReset Prem Quote: 26.60 – 27.60
Spot Rate : 1.0000
Average : 0.6602

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-01
Maturity Price : 25.00
Evaluated at bid price : 26.60
Bid-YTW : 2.98 %
Market Action

May 28, 2021

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices
Values are provisional and are finalized monthly
Index Mean
Current
Yield
(at bid)		 Median
YTW		 Median
Average
Trading
Value		 Median
Mod Dur
(YTW)		 Issues Day’s Perf. Index Value
Ratchet 0.00 % 0.00 % 0 0.00 0 1.7630 % 2,649.7
FixedFloater 0.00 % 0.00 % 0 0.00 0 1.7630 % 4,862.0
Floater 3.28 % 3.31 % 92,460 18.91 3 1.7630 % 2,802.0
OpRet 0.00 % 0.00 % 0 0.00 0 -0.0747 % 3,682.1
SplitShare 4.71 % 4.04 % 37,716 3.99 7 -0.0747 % 4,397.3
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.0747 % 3,430.9
Perpetual-Premium 5.21 % -13.97 % 62,303 0.09 24 0.0518 % 3,295.2
Perpetual-Discount 4.77 % 4.78 % 101,126 15.57 10 0.0645 % 3,868.0
FixedReset Disc 4.12 % 3.58 % 209,469 18.00 45 -0.1699 % 2,788.3
Insurance Straight 4.90 % -0.46 % 81,403 0.09 22 0.0876 % 3,712.1
FloatingReset 2.84 % 3.06 % 54,902 19.61 2 -1.0510 % 2,502.7
FixedReset Prem 4.85 % 2.72 % 204,445 1.38 29 -0.2786 % 2,757.7
FixedReset Bank Non 1.80 % 1.87 % 113,520 0.24 1 -0.0400 % 2,892.0
FixedReset Ins Non 4.23 % 3.53 % 160,160 17.96 21 -0.2819 % 2,866.5
Performance Highlights
Issue Index Change Notes
GWO.PR.N FixedReset Ins Non -8.22 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 14.40
Evaluated at bid price : 14.40
Bid-YTW : 3.65 %
TRP.PR.E FixedReset Disc -4.10 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 20.13
Evaluated at bid price : 20.13
Bid-YTW : 4.17 %
IAF.PR.G FixedReset Ins Non -2.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 23.94
Evaluated at bid price : 24.40
Bid-YTW : 3.79 %
BAM.PF.G FixedReset Disc -1.65 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 21.72
Evaluated at bid price : 22.06
Bid-YTW : 4.14 %
IAF.PR.I FixedReset Ins Non -1.60 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 23.47
Evaluated at bid price : 24.60
Bid-YTW : 3.72 %
SLF.PR.J FloatingReset -1.35 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 14.65
Evaluated at bid price : 14.65
Bid-YTW : 2.56 %
SLF.PR.H FixedReset Ins Non -1.22 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 21.11
Evaluated at bid price : 21.11
Bid-YTW : 3.61 %
BAM.PR.Z FixedReset Disc -1.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 23.39
Evaluated at bid price : 23.79
Bid-YTW : 4.16 %
BAM.PF.E FixedReset Disc 1.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 21.10
Evaluated at bid price : 21.10
Bid-YTW : 4.16 %
IFC.PR.G FixedReset Ins Non 1.22 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 23.54
Evaluated at bid price : 24.95
Bid-YTW : 3.53 %
CCS.PR.C Insurance Straight 1.28 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-06-27
Maturity Price : 25.00
Evaluated at bid price : 25.26
Bid-YTW : -12.68 %
TRP.PR.A FixedReset Disc 1.48 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 18.15
Evaluated at bid price : 18.15
Bid-YTW : 4.03 %
IFC.PR.A FixedReset Ins Non 2.86 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 19.75
Evaluated at bid price : 19.75
Bid-YTW : 3.43 %
MFC.PR.K FixedReset Ins Non 3.69 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 22.56
Evaluated at bid price : 23.05
Bid-YTW : 3.48 %
BAM.PR.K Floater 4.22 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 13.10
Evaluated at bid price : 13.10
Bid-YTW : 3.30 %
Volume Highlights
Issue Index Shares
Traded		 Notes
TRP.PR.K FixedReset Prem 439,713 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-05-31
Maturity Price : 25.00
Evaluated at bid price : 25.61
Bid-YTW : 2.45 %
CM.PR.S FixedReset Disc 250,539 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 23.56
Evaluated at bid price : 24.72
Bid-YTW : 3.42 %
CU.PR.C FixedReset Disc 155,562 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 21.54
Evaluated at bid price : 21.90
Bid-YTW : 3.74 %
BAM.PR.M Perpetual-Discount 147,838 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 24.68
Evaluated at bid price : 25.00
Bid-YTW : 4.81 %
GWO.PR.N FixedReset Ins Non 102,500 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 14.40
Evaluated at bid price : 14.40
Bid-YTW : 3.65 %
PWF.PR.P FixedReset Disc 77,400 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 15.50
Evaluated at bid price : 15.50
Bid-YTW : 3.85 %
There were 23 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
BAM.PF.B FixedReset Disc Quote: 22.55 – 24.30
Spot Rate : 1.7500
Average : 1.0514

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 22.16
Evaluated at bid price : 22.55
Bid-YTW : 4.09 %
GWO.PR.N FixedReset Ins Non Quote: 14.40 – 15.55
Spot Rate : 1.1500
Average : 0.6373

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 14.40
Evaluated at bid price : 14.40
Bid-YTW : 3.65 %
TRP.PR.E FixedReset Disc Quote: 20.13 – 21.25
Spot Rate : 1.1200
Average : 0.6931

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 20.13
Evaluated at bid price : 20.13
Bid-YTW : 4.17 %
BAM.PF.C Perpetual-Discount Quote: 25.20 – 26.10
Spot Rate : 0.9000
Average : 0.5392

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.20
Bid-YTW : 4.86 %
BAM.PF.E FixedReset Disc Quote: 21.10 – 22.00
Spot Rate : 0.9000
Average : 0.6769

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 21.10
Evaluated at bid price : 21.10
Bid-YTW : 4.16 %
IAF.PR.G FixedReset Ins Non Quote: 24.40 – 25.00
Spot Rate : 0.6000
Average : 0.3814

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-05-28
Maturity Price : 23.94
Evaluated at bid price : 24.40
Bid-YTW : 3.79 %