Market Action

April 23, 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 -0.4800 % 2,418.8
FixedFloater 0.00 % 0.00 % 0 0.00 0 -0.4800 % 4,438.4
Floater 3.45 % 3.59 % 61,081 18.33 4 -0.4800 % 2,557.9
OpRet 0.00 % 0.00 % 0 0.00 0 0.0217 % 3,699.5
SplitShare 4.77 % 3.99 % 35,061 3.53 8 0.0217 % 4,418.0
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.0217 % 3,447.1
Perpetual-Premium 5.28 % -7.01 % 71,632 0.09 23 -0.0034 % 3,261.6
Perpetual-Discount 4.90 % 4.95 % 79,926 15.52 11 -0.0525 % 3,767.4
FixedReset Disc 4.34 % 3.75 % 166,630 17.70 48 0.2660 % 2,667.7
Insurance Straight 4.97 % 4.63 % 106,635 3.94 22 0.0398 % 3,662.8
FloatingReset 2.88 % 3.24 % 74,037 19.14 2 0.1973 % 2,454.3
FixedReset Prem 4.99 % 3.65 % 225,050 1.05 30 0.0758 % 2,732.8
FixedReset Bank Non 1.80 % 2.17 % 174,558 0.76 1 0.1200 % 2,896.6
FixedReset Ins Non 4.30 % 3.79 % 148,756 17.48 21 0.1004 % 2,814.1
Performance Highlights
Issue Index Change Notes
SLF.PR.J FloatingReset -1.91 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-23
Maturity Price : 14.86
Evaluated at bid price : 14.86
Bid-YTW : 2.54 %
SLF.PR.G FixedReset Ins Non -1.73 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-23
Maturity Price : 15.33
Evaluated at bid price : 15.33
Bid-YTW : 3.71 %
CIU.PR.A Perpetual-Discount -1.18 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-23
Maturity Price : 24.06
Evaluated at bid price : 24.31
Bid-YTW : 4.79 %
BAM.PR.B Floater -1.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-23
Maturity Price : 12.04
Evaluated at bid price : 12.04
Bid-YTW : 3.59 %
IFC.PR.I Perpetual-Premium -1.01 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2029-03-31
Maturity Price : 25.00
Evaluated at bid price : 26.49
Bid-YTW : 4.58 %
CU.PR.C FixedReset Disc 1.30 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-23
Maturity Price : 20.96
Evaluated at bid price : 20.96
Bid-YTW : 4.06 %
BIK.PR.A FixedReset Prem 1.35 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-03-31
Maturity Price : 25.00
Evaluated at bid price : 26.35
Bid-YTW : 4.05 %
TRP.PR.E FixedReset Disc 1.39 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-23
Maturity Price : 18.98
Evaluated at bid price : 18.98
Bid-YTW : 4.49 %
TRP.PR.D FixedReset Disc 1.53 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-23
Maturity Price : 19.20
Evaluated at bid price : 19.20
Bid-YTW : 4.48 %
TRP.PR.F FloatingReset 2.29 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-23
Maturity Price : 15.61
Evaluated at bid price : 15.61
Bid-YTW : 3.24 %
Volume Highlights
Issue Index Shares
Traded		 Notes
No individual volumes exceeding 10,000 shares!
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
CU.PR.C FixedReset Disc Quote: 20.96 – 21.42
Spot Rate : 0.4600
Average : 0.3131

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-23
Maturity Price : 20.96
Evaluated at bid price : 20.96
Bid-YTW : 4.06 %
CIU.PR.A Perpetual-Discount Quote: 24.31 – 24.78
Spot Rate : 0.4700
Average : 0.3400

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-23
Maturity Price : 24.06
Evaluated at bid price : 24.31
Bid-YTW : 4.79 %
BIP.PR.B FixedReset Prem Quote: 26.14 – 26.68
Spot Rate : 0.5400
Average : 0.4177

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-31
Maturity Price : 25.00
Evaluated at bid price : 26.14
Bid-YTW : 4.52 %
BIK.PR.A FixedReset Prem Quote: 26.35 – 26.70
Spot Rate : 0.3500
Average : 0.2277

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-03-31
Maturity Price : 25.00
Evaluated at bid price : 26.35
Bid-YTW : 4.05 %
BIP.PR.F FixedReset Disc Quote: 24.69 – 24.93
Spot Rate : 0.2400
Average : 0.1610

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-23
Maturity Price : 23.32
Evaluated at bid price : 24.69
Bid-YTW : 5.14 %
MIC.PR.A Perpetual-Premium Quote: 25.88 – 26.19
Spot Rate : 0.3100
Average : 0.2372

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2030-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.88
Bid-YTW : 5.07 %
Market Action

April 22, 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 1.9992 % 2,430.5
FixedFloater 0.00 % 0.00 % 0 0.00 0 1.9992 % 4,459.8
Floater 3.43 % 3.54 % 61,291 18.42 4 1.9992 % 2,570.2
OpRet 0.00 % 0.00 % 0 0.00 0 0.0290 % 3,698.7
SplitShare 4.77 % 3.94 % 33,966 3.53 8 0.0290 % 4,417.0
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.0290 % 3,446.4
Perpetual-Premium 5.28 % -6.71 % 71,011 0.09 23 0.1347 % 3,261.7
Perpetual-Discount 4.89 % 4.95 % 79,590 15.52 11 0.0675 % 3,769.3
FixedReset Disc 4.35 % 3.74 % 168,055 17.65 48 0.2284 % 2,660.7
Insurance Straight 4.97 % 4.61 % 106,727 3.94 22 0.0616 % 3,661.3
FloatingReset 2.89 % 3.31 % 74,195 18.96 2 -0.9769 % 2,449.5
FixedReset Prem 5.00 % 3.67 % 227,469 1.29 30 0.0000 % 2,730.7
FixedReset Bank Non 1.80 % 2.32 % 176,079 0.77 1 0.0400 % 2,893.1
FixedReset Ins Non 4.31 % 3.79 % 149,717 17.50 21 0.0470 % 2,811.3
Performance Highlights
Issue Index Change Notes
TRP.PR.F FloatingReset -2.05 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-22
Maturity Price : 15.26
Evaluated at bid price : 15.26
Bid-YTW : 3.31 %
TRP.PR.E FixedReset Disc -1.27 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-22
Maturity Price : 18.72
Evaluated at bid price : 18.72
Bid-YTW : 4.55 %
SLF.PR.I FixedReset Ins Non 1.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-22
Maturity Price : 23.64
Evaluated at bid price : 24.27
Bid-YTW : 3.79 %
RY.PR.H FixedReset Disc 1.23 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-22
Maturity Price : 22.40
Evaluated at bid price : 23.00
Bid-YTW : 3.52 %
BMO.PR.W FixedReset Disc 2.00 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-22
Maturity Price : 22.38
Evaluated at bid price : 23.00
Bid-YTW : 3.58 %
BAM.PR.C Floater 2.12 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-22
Maturity Price : 12.02
Evaluated at bid price : 12.02
Bid-YTW : 3.59 %
PWF.PR.T FixedReset Disc 2.23 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-22
Maturity Price : 21.60
Evaluated at bid price : 22.01
Bid-YTW : 3.92 %
BAM.PR.K Floater 2.58 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-22
Maturity Price : 11.94
Evaluated at bid price : 11.94
Bid-YTW : 3.62 %
BAM.PR.B Floater 3.66 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-22
Maturity Price : 12.18
Evaluated at bid price : 12.18
Bid-YTW : 3.54 %
Volume Highlights
Issue Index Shares
Traded		 Notes
No individual volumes exceeding 10,000 shares!
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
BIP.PR.D FixedReset Prem Quote: 25.00 – 25.29
Spot Rate : 0.2900
Average : 0.2042

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-22
Maturity Price : 24.66
Evaluated at bid price : 25.00
Bid-YTW : 5.03 %
GWO.PR.R Insurance Straight Quote: 24.96 – 25.18
Spot Rate : 0.2200
Average : 0.1696

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-22
Maturity Price : 24.70
Evaluated at bid price : 24.96
Bid-YTW : 4.84 %
PWF.PR.R Perpetual-Premium Quote: 25.65 – 25.93
Spot Rate : 0.2800
Average : 0.2309

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-30
Maturity Price : 25.00
Evaluated at bid price : 25.65
Bid-YTW : -19.34 %
IFC.PR.E Insurance Straight Quote: 25.75 – 26.00
Spot Rate : 0.2500
Average : 0.2026

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-06-30
Maturity Price : 25.25
Evaluated at bid price : 25.75
Bid-YTW : 4.74 %
IFC.PR.G FixedReset Ins Non Quote: 23.40 – 23.65
Spot Rate : 0.2500
Average : 0.2073

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-22
Maturity Price : 23.09
Evaluated at bid price : 23.40
Bid-YTW : 3.92 %
IAF.PR.G FixedReset Ins Non Quote: 24.32 – 24.47
Spot Rate : 0.1500
Average : 0.1106

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-22
Maturity Price : 23.87
Evaluated at bid price : 24.32
Bid-YTW : 3.91 %
Market Action

April 21, 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 -1.8422 % 2,382.8
FixedFloater 0.00 % 0.00 % 0 0.00 0 -1.8422 % 4,372.4
Floater 3.50 % 3.67 % 61,499 18.15 4 -1.8422 % 2,519.8
OpRet 0.00 % 0.00 % 0 0.00 0 -0.0121 % 3,697.6
SplitShare 4.77 % 3.99 % 35,292 3.53 8 -0.0121 % 4,415.8
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.0121 % 3,445.4
Perpetual-Premium 5.29 % -5.81 % 70,375 0.09 23 -0.0784 % 3,257.3
Perpetual-Discount 4.90 % 4.94 % 79,252 15.54 11 -0.0562 % 3,766.8
FixedReset Disc 4.36 % 3.75 % 169,511 17.61 48 0.1225 % 2,654.6
Insurance Straight 4.97 % 4.64 % 106,821 3.94 22 -0.0109 % 3,659.1
FloatingReset 2.86 % 3.24 % 74,405 19.13 2 0.0978 % 2,473.7
FixedReset Prem 5.00 % 3.64 % 229,957 1.52 30 0.0261 % 2,730.7
FixedReset Bank Non 1.80 % 2.37 % 177,636 0.77 1 0.0000 % 2,892.0
FixedReset Ins Non 4.31 % 3.81 % 150,714 17.46 21 0.5650 % 2,809.9
Performance Highlights
Issue Index Change Notes
BAM.PR.B Floater -3.29 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 11.75
Evaluated at bid price : 11.75
Bid-YTW : 3.67 %
BAM.PR.K Floater -2.27 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 11.64
Evaluated at bid price : 11.64
Bid-YTW : 3.71 %
BAM.PR.C Floater -2.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 11.77
Evaluated at bid price : 11.77
Bid-YTW : 3.67 %
IFC.PR.A FixedReset Ins Non -1.92 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 17.90
Evaluated at bid price : 17.90
Bid-YTW : 3.87 %
BMO.PR.W FixedReset Disc -1.31 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 22.09
Evaluated at bid price : 22.55
Bid-YTW : 3.67 %
CU.PR.I FixedReset Prem -1.26 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-01
Maturity Price : 25.00
Evaluated at bid price : 25.82
Bid-YTW : 3.88 %
PWF.PR.T FixedReset Disc -1.24 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 21.25
Evaluated at bid price : 21.53
Bid-YTW : 4.02 %
BIP.PR.A FixedReset Disc -1.14 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 22.59
Evaluated at bid price : 23.48
Bid-YTW : 4.67 %
MFC.PR.L FixedReset Ins Non 1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 21.45
Evaluated at bid price : 21.80
Bid-YTW : 3.70 %
IFC.PR.G FixedReset Ins Non 1.03 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 23.26
Evaluated at bid price : 23.57
Bid-YTW : 3.89 %
TRP.PR.A FixedReset Disc 1.20 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 16.85
Evaluated at bid price : 16.85
Bid-YTW : 4.50 %
IFC.PR.I Perpetual-Premium 1.45 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2029-03-31
Maturity Price : 25.00
Evaluated at bid price : 26.60
Bid-YTW : 4.51 %
BAM.PR.X FixedReset Disc 1.84 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 15.53
Evaluated at bid price : 15.53
Bid-YTW : 4.48 %
TRP.PR.B FixedReset Disc 2.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 12.89
Evaluated at bid price : 12.89
Bid-YTW : 4.15 %
MFC.PR.Q FixedReset Ins Non 2.31 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 23.10
Evaluated at bid price : 23.95
Bid-YTW : 3.77 %
TRP.PR.C FixedReset Disc 2.34 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 14.00
Evaluated at bid price : 14.00
Bid-YTW : 4.24 %
GWO.PR.N FixedReset Ins Non 12.09 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 15.02
Evaluated at bid price : 15.02
Bid-YTW : 3.59 %
Volume Highlights
Issue Index Shares
Traded		 Notes
BAM.PR.X FixedReset Disc 231,496 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 15.53
Evaluated at bid price : 15.53
Bid-YTW : 4.48 %
W.PR.M FixedReset Prem 183,566 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-10-15
Maturity Price : 25.00
Evaluated at bid price : 25.31
Bid-YTW : 2.81 %
PWF.PR.P FixedReset Disc 179,900 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 15.07
Evaluated at bid price : 15.07
Bid-YTW : 4.03 %
TRP.PR.K FixedReset Prem 171,100 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-05-31
Maturity Price : 25.00
Evaluated at bid price : 25.45
Bid-YTW : 3.93 %
CU.PR.C FixedReset Disc 137,878 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 20.65
Evaluated at bid price : 20.65
Bid-YTW : 4.12 %
TD.PF.H FixedReset Prem 123,071 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-10-31
Maturity Price : 25.00
Evaluated at bid price : 25.33
Bid-YTW : 2.10 %
BAM.PF.J FixedReset Prem 111,866 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-12-31
Maturity Price : 25.00
Evaluated at bid price : 25.17
Bid-YTW : 4.53 %
There were 26 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: 14.00 – 14.99
Spot Rate : 0.9900
Average : 0.6339

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 14.00
Evaluated at bid price : 14.00
Bid-YTW : 4.24 %
IFC.PR.A FixedReset Ins Non Quote: 17.90 – 18.75
Spot Rate : 0.8500
Average : 0.6171

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 17.90
Evaluated at bid price : 17.90
Bid-YTW : 3.87 %
BMO.PR.W FixedReset Disc Quote: 22.55 – 23.05
Spot Rate : 0.5000
Average : 0.3131

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 22.09
Evaluated at bid price : 22.55
Bid-YTW : 3.67 %
BAM.PR.K Floater Quote: 11.64 – 12.26
Spot Rate : 0.6200
Average : 0.4440

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 11.64
Evaluated at bid price : 11.64
Bid-YTW : 3.71 %
PWF.PR.P FixedReset Disc Quote: 15.07 – 15.60
Spot Rate : 0.5300
Average : 0.3678

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 15.07
Evaluated at bid price : 15.07
Bid-YTW : 4.03 %
BAM.PR.C Floater Quote: 11.77 – 12.39
Spot Rate : 0.6200
Average : 0.4844

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-21
Maturity Price : 11.77
Evaluated at bid price : 11.77
Bid-YTW : 3.67 %
Market Action

April 20, 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 -0.3194 % 2,427.6
FixedFloater 0.00 % 0.00 % 0 0.00 0 -0.3194 % 4,454.5
Floater 3.43 % 3.55 % 59,648 18.41 4 -0.3194 % 2,567.1
OpRet 0.00 % 0.00 % 0 0.00 0 0.3882 % 3,698.1
SplitShare 4.77 % 4.00 % 36,742 3.54 8 0.3882 % 4,416.3
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.3882 % 3,445.8
Perpetual-Premium 5.29 % -4.32 % 70,046 0.09 23 0.0648 % 3,259.8
Perpetual-Discount 4.90 % 4.95 % 80,186 15.54 11 0.1201 % 3,768.9
FixedReset Disc 4.37 % 3.77 % 175,329 17.58 48 0.2609 % 2,651.3
Insurance Straight 4.97 % 4.63 % 107,956 3.95 22 0.0943 % 3,659.5
FloatingReset 2.86 % 3.24 % 77,273 19.13 2 0.0000 % 2,471.3
FixedReset Prem 5.00 % 3.64 % 229,480 1.07 30 0.0432 % 2,730.0
FixedReset Bank Non 1.80 % 2.36 % 179,582 0.77 1 0.0400 % 2,892.0
FixedReset Ins Non 4.33 % 3.81 % 150,624 17.46 21 -0.5788 % 2,794.1
Performance Highlights
Issue Index Change Notes
GWO.PR.N FixedReset Ins Non -12.99 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 13.40
Evaluated at bid price : 13.40
Bid-YTW : 4.01 %
TRP.PR.C FixedReset Disc -2.29 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 13.68
Evaluated at bid price : 13.68
Bid-YTW : 4.34 %
MFC.PR.Q FixedReset Ins Non -1.64 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 23.10
Evaluated at bid price : 23.41
Bid-YTW : 3.90 %
IFC.PR.A FixedReset Ins Non -1.62 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 18.25
Evaluated at bid price : 18.25
Bid-YTW : 3.79 %
BMO.PR.S FixedReset Disc -1.50 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 22.43
Evaluated at bid price : 23.00
Bid-YTW : 3.67 %
TRP.PR.B FixedReset Disc -1.33 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 12.63
Evaluated at bid price : 12.63
Bid-YTW : 4.24 %
PWF.PR.A Floater -1.00 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 13.86
Evaluated at bid price : 13.86
Bid-YTW : 3.12 %
RY.PR.M FixedReset Disc 1.16 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 22.57
Evaluated at bid price : 23.50
Bid-YTW : 3.64 %
TRP.PR.D FixedReset Disc 1.77 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 18.95
Evaluated at bid price : 18.95
Bid-YTW : 4.54 %
TRP.PR.G FixedReset Disc 1.92 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 21.20
Evaluated at bid price : 21.20
Bid-YTW : 4.51 %
EIT.PR.A SplitShare 1.96 % YTW SCENARIO
Maturity Type : Soft Maturity
Maturity Date : 2024-03-14
Maturity Price : 25.00
Evaluated at bid price : 26.00
Bid-YTW : 3.53 %
TRP.PR.E FixedReset Disc 2.44 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 18.88
Evaluated at bid price : 18.88
Bid-YTW : 4.51 %
BIP.PR.A FixedReset Disc 6.50 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 22.72
Evaluated at bid price : 23.75
Bid-YTW : 4.60 %
Volume Highlights
Issue Index Shares
Traded		 Notes
MFC.PR.F FixedReset Ins Non 137,080 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 17.05
Evaluated at bid price : 17.05
Bid-YTW : 3.51 %
TD.PF.A FixedReset Disc 127,200 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 22.15
Evaluated at bid price : 22.62
Bid-YTW : 3.60 %
BAM.PR.R FixedReset Disc 103,135 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 17.68
Evaluated at bid price : 17.68
Bid-YTW : 4.65 %
TD.PF.B FixedReset Disc 93,405 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 22.01
Evaluated at bid price : 22.38
Bid-YTW : 3.68 %
SLF.PR.G FixedReset Ins Non 87,300 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 15.55
Evaluated at bid price : 15.55
Bid-YTW : 3.66 %
BMO.PR.B FixedReset Prem 48,600 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-02-25
Maturity Price : 25.00
Evaluated at bid price : 25.72
Bid-YTW : 2.30 %
There were 17 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
GWO.PR.N FixedReset Ins Non Quote: 13.40 – 15.20
Spot Rate : 1.8000
Average : 1.1171

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 13.40
Evaluated at bid price : 13.40
Bid-YTW : 4.01 %
TRP.PR.E FixedReset Disc Quote: 18.88 – 20.00
Spot Rate : 1.1200
Average : 0.7061

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 18.88
Evaluated at bid price : 18.88
Bid-YTW : 4.51 %
MFC.PR.Q FixedReset Ins Non Quote: 23.41 – 23.95
Spot Rate : 0.5400
Average : 0.3529

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 23.10
Evaluated at bid price : 23.41
Bid-YTW : 3.90 %
IFC.PR.A FixedReset Ins Non Quote: 18.25 – 18.79
Spot Rate : 0.5400
Average : 0.3617

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 18.25
Evaluated at bid price : 18.25
Bid-YTW : 3.79 %
TRP.PR.D FixedReset Disc Quote: 18.95 – 19.49
Spot Rate : 0.5400
Average : 0.4036

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 18.95
Evaluated at bid price : 18.95
Bid-YTW : 4.54 %
CM.PR.Q FixedReset Disc Quote: 23.21 – 24.00
Spot Rate : 0.7900
Average : 0.6653

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-20
Maturity Price : 22.44
Evaluated at bid price : 23.21
Bid-YTW : 3.85 %
Market Action

April 19, 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 0.1599 % 2,435.3
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.1599 % 4,468.7
Floater 3.42 % 3.54 % 59,642 18.44 4 0.1599 % 2,575.4
OpRet 0.00 % 0.00 % 0 0.00 0 -0.4108 % 3,683.8
SplitShare 4.79 % 4.13 % 35,415 4.05 8 -0.4108 % 4,399.2
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.4108 % 3,432.4
Perpetual-Premium 5.29 % -4.48 % 70,419 0.09 23 0.1965 % 3,257.7
Perpetual-Discount 4.90 % 4.95 % 81,419 15.54 11 0.0038 % 3,764.4
FixedReset Disc 4.38 % 3.76 % 181,181 17.56 48 -0.0738 % 2,644.4
Insurance Straight 4.98 % 4.64 % 108,587 3.75 22 0.1125 % 3,656.0
FloatingReset 2.86 % 3.24 % 80,245 19.13 2 -1.0323 % 2,471.3
FixedReset Prem 5.00 % 3.76 % 236,847 1.07 30 0.1834 % 2,728.8
FixedReset Bank Non 1.81 % 2.40 % 177,447 0.77 1 0.1202 % 2,890.8
FixedReset Ins Non 4.31 % 3.82 % 153,146 17.51 21 -0.1296 % 2,810.4
Performance Highlights
Issue Index Change Notes
BIP.PR.A FixedReset Disc -4.94 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-19
Maturity Price : 21.89
Evaluated at bid price : 22.30
Bid-YTW : 4.95 %
EIT.PR.A SplitShare -1.96 % YTW SCENARIO
Maturity Type : Soft Maturity
Maturity Date : 2024-03-14
Maturity Price : 25.00
Evaluated at bid price : 25.50
Bid-YTW : 4.25 %
PWF.PR.P FixedReset Disc -1.57 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-19
Maturity Price : 15.02
Evaluated at bid price : 15.02
Bid-YTW : 4.04 %
MFC.PR.K FixedReset Ins Non -1.51 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-19
Maturity Price : 21.92
Evaluated at bid price : 22.16
Bid-YTW : 3.77 %
TRP.PR.F FloatingReset -1.39 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-19
Maturity Price : 15.58
Evaluated at bid price : 15.58
Bid-YTW : 3.24 %
MFC.PR.M FixedReset Ins Non -1.35 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-19
Maturity Price : 22.17
Evaluated at bid price : 22.67
Bid-YTW : 3.75 %
RY.PR.H FixedReset Disc -1.04 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-19
Maturity Price : 22.25
Evaluated at bid price : 22.75
Bid-YTW : 3.62 %
SLF.PR.C Insurance Straight 1.05 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-19
Maturity Price : 23.91
Evaluated at bid price : 24.15
Bid-YTW : 4.63 %
POW.PR.D Perpetual-Premium 1.08 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-19
Maturity Price : 25.00
Evaluated at bid price : 25.21
Bid-YTW : -4.48 %
PWF.PR.A Floater 1.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-19
Maturity Price : 14.00
Evaluated at bid price : 14.00
Bid-YTW : 3.09 %
CU.PR.C FixedReset Disc 1.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-19
Maturity Price : 20.62
Evaluated at bid price : 20.62
Bid-YTW : 4.13 %
BMO.PR.Y FixedReset Disc 1.28 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-19
Maturity Price : 22.71
Evaluated at bid price : 23.75
Bid-YTW : 3.69 %
TD.PF.M FixedReset Prem 1.40 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-07-31
Maturity Price : 25.00
Evaluated at bid price : 26.15
Bid-YTW : 3.58 %
MIC.PR.A Perpetual-Premium 2.43 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2030-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.76
Bid-YTW : 5.13 %
Volume Highlights
Issue Index Shares
Traded		 Notes
CU.PR.C FixedReset Disc 201,100 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-19
Maturity Price : 20.62
Evaluated at bid price : 20.62
Bid-YTW : 4.13 %
BNS.PR.H FixedReset Prem 154,350 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-01-26
Maturity Price : 25.00
Evaluated at bid price : 25.50
Bid-YTW : 2.09 %
MFC.PR.R FixedReset Ins Non 108,212 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-19
Maturity Price : 25.00
Evaluated at bid price : 25.38
Bid-YTW : 3.61 %
PWF.PR.P FixedReset Disc 101,660 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-19
Maturity Price : 15.02
Evaluated at bid price : 15.02
Bid-YTW : 4.04 %
NA.PR.C FixedReset Prem 75,542 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-11-15
Maturity Price : 25.00
Evaluated at bid price : 25.30
Bid-YTW : 3.47 %
BAM.PF.A FixedReset Disc 71,085 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-19
Maturity Price : 22.45
Evaluated at bid price : 22.90
Bid-YTW : 4.39 %
There were 19 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
BIP.PR.A FixedReset Disc Quote: 22.30 – 23.85
Spot Rate : 1.5500
Average : 1.0772

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-19
Maturity Price : 21.89
Evaluated at bid price : 22.30
Bid-YTW : 4.95 %
EIT.PR.A SplitShare Quote: 25.50 – 26.25
Spot Rate : 0.7500
Average : 0.4992

YTW SCENARIO
Maturity Type : Soft Maturity
Maturity Date : 2024-03-14
Maturity Price : 25.00
Evaluated at bid price : 25.50
Bid-YTW : 4.25 %
RY.PR.M FixedReset Disc Quote: 23.23 – 24.00
Spot Rate : 0.7700
Average : 0.5376

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-19
Maturity Price : 22.43
Evaluated at bid price : 23.23
Bid-YTW : 3.69 %
EIT.PR.B SplitShare Quote: 26.02 – 27.02
Spot Rate : 1.0000
Average : 0.7705

YTW SCENARIO
Maturity Type : Soft Maturity
Maturity Date : 2025-03-14
Maturity Price : 25.00
Evaluated at bid price : 26.02
Bid-YTW : 3.81 %
CM.PR.Q FixedReset Disc Quote: 23.20 – 23.94
Spot Rate : 0.7400
Average : 0.5287

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-19
Maturity Price : 22.43
Evaluated at bid price : 23.20
Bid-YTW : 3.85 %
TRP.PR.F FloatingReset Quote: 15.58 – 16.00
Spot Rate : 0.4200
Average : 0.2911

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-19
Maturity Price : 15.58
Evaluated at bid price : 15.58
Bid-YTW : 3.24 %
Market Action

April 16, 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 0.1401 % 2,431.5
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.1401 % 4,461.6
Floater 3.43 % 3.54 % 61,501 18.43 4 0.1401 % 2,571.2
OpRet 0.00 % 0.00 % 0 0.00 0 0.0097 % 3,699.0
SplitShare 4.77 % 3.92 % 34,676 3.55 8 0.0097 % 4,417.4
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.0097 % 3,446.6
Perpetual-Premium 5.30 % -0.41 % 71,767 0.09 23 -0.2964 % 3,251.3
Perpetual-Discount 4.90 % 4.96 % 84,585 15.55 11 -0.1312 % 3,764.3
FixedReset Disc 4.38 % 3.80 % 183,791 17.61 48 -0.1015 % 2,646.4
Insurance Straight 4.98 % 4.64 % 109,866 3.96 22 -0.1359 % 3,651.9
FloatingReset 2.81 % 3.18 % 81,145 19.29 2 1.2080 % 2,497.0
FixedReset Prem 5.01 % 3.95 % 230,469 1.08 30 -0.2000 % 2,723.8
FixedReset Bank Non 1.81 % 2.53 % 172,165 0.78 1 -0.1200 % 2,887.3
FixedReset Ins Non 4.38 % 3.79 % 158,833 17.49 22 -0.0769 % 2,814.1
Performance Highlights
Issue Index Change Notes
MIC.PR.A Perpetual-Premium -2.52 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 24.75
Evaluated at bid price : 25.15
Bid-YTW : 5.44 %
POW.PR.D Perpetual-Premium -1.81 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 24.68
Evaluated at bid price : 24.94
Bid-YTW : 5.03 %
TRP.PR.E FixedReset Disc -1.55 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 18.47
Evaluated at bid price : 18.47
Bid-YTW : 4.61 %
TRP.PR.D FixedReset Disc -1.48 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 18.58
Evaluated at bid price : 18.58
Bid-YTW : 4.63 %
TD.PF.M FixedReset Prem -1.45 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-07-31
Maturity Price : 25.00
Evaluated at bid price : 25.79
Bid-YTW : 4.03 %
BAM.PF.H FixedReset Prem -1.32 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-31
Maturity Price : 25.00
Evaluated at bid price : 26.20
Bid-YTW : 3.95 %
MFC.PR.N FixedReset Ins Non -1.23 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 22.05
Evaluated at bid price : 22.52
Bid-YTW : 3.70 %
SLF.PR.C Insurance Straight -1.20 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 23.63
Evaluated at bid price : 23.90
Bid-YTW : 4.68 %
MFC.PR.M FixedReset Ins Non -1.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 22.36
Evaluated at bid price : 22.98
Bid-YTW : 3.69 %
MFC.PR.L FixedReset Ins Non -1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 21.27
Evaluated at bid price : 21.56
Bid-YTW : 3.75 %
BAM.PR.X FixedReset Disc -1.04 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 15.19
Evaluated at bid price : 15.19
Bid-YTW : 4.58 %
CM.PR.O FixedReset Disc -1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 22.00
Evaluated at bid price : 22.37
Bid-YTW : 3.73 %
BIP.PR.F FixedReset Disc -1.00 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 23.30
Evaluated at bid price : 24.65
Bid-YTW : 5.14 %
MFC.PR.K FixedReset Ins Non 1.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 22.18
Evaluated at bid price : 22.50
Bid-YTW : 3.70 %
PWF.PR.T FixedReset Disc 1.44 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 21.48
Evaluated at bid price : 21.84
Bid-YTW : 3.95 %
MFC.PR.F FixedReset Ins Non 2.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 17.31
Evaluated at bid price : 17.31
Bid-YTW : 3.45 %
SLF.PR.J FloatingReset 2.36 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 15.20
Evaluated at bid price : 15.20
Bid-YTW : 2.46 %
PWF.PR.P FixedReset Disc 3.11 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 15.26
Evaluated at bid price : 15.26
Bid-YTW : 3.97 %
TRP.PR.B FixedReset Disc 3.61 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 12.90
Evaluated at bid price : 12.90
Bid-YTW : 4.15 %
BIP.PR.A FixedReset Disc 4.27 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 22.58
Evaluated at bid price : 23.46
Bid-YTW : 4.67 %
Volume Highlights
Issue Index Shares
Traded		 Notes
TRP.PR.B FixedReset Disc 266,500 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 12.90
Evaluated at bid price : 12.90
Bid-YTW : 4.15 %
BIP.PR.A FixedReset Disc 259,958 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 22.58
Evaluated at bid price : 23.46
Bid-YTW : 4.67 %
GWO.PR.N FixedReset Ins Non 253,298 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 15.55
Evaluated at bid price : 15.55
Bid-YTW : 3.46 %
GWO.PR.F Insurance Straight 189,817 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-16
Maturity Price : 25.00
Evaluated at bid price : 26.01
Bid-YTW : -35.44 %
TRP.PR.F FloatingReset 178,929 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 15.80
Evaluated at bid price : 15.80
Bid-YTW : 3.18 %
CU.PR.D Perpetual-Discount 161,459 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 24.68
Evaluated at bid price : 24.98
Bid-YTW : 4.96 %
MFC.PR.F FixedReset Ins Non 155,820 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 17.31
Evaluated at bid price : 17.31
Bid-YTW : 3.45 %
GWO.PR.M Insurance Straight 155,621 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-16
Maturity Price : 25.00
Evaluated at bid price : 25.63
Bid-YTW : -20.16 %
IAF.PR.I FixedReset Ins Non 147,317 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 23.49
Evaluated at bid price : 24.72
Bid-YTW : 3.81 %
MFC.PR.O FixedReset Ins Non 133,532 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-06-19
Maturity Price : 25.00
Evaluated at bid price : 25.23
Bid-YTW : 2.79 %
CIU.PR.A Perpetual-Discount 117,424 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 24.06
Evaluated at bid price : 24.32
Bid-YTW : 4.78 %
NA.PR.X FixedReset Prem 117,011 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-06-14
Maturity Price : 25.00
Evaluated at bid price : 24.97
Bid-YTW : 3.62 %
MIC.PR.A Perpetual-Premium 116,927 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 24.75
Evaluated at bid price : 25.15
Bid-YTW : 5.44 %
There were 112 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
MIC.PR.A Perpetual-Premium Quote: 25.15 – 26.30
Spot Rate : 1.1500
Average : 0.7300

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 24.75
Evaluated at bid price : 25.15
Bid-YTW : 5.44 %
MFC.PR.M FixedReset Ins Non Quote: 22.98 – 23.80
Spot Rate : 0.8200
Average : 0.5353

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 22.36
Evaluated at bid price : 22.98
Bid-YTW : 3.69 %
CIU.PR.A Perpetual-Discount Quote: 24.32 – 25.29
Spot Rate : 0.9700
Average : 0.7106

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 24.06
Evaluated at bid price : 24.32
Bid-YTW : 4.78 %
POW.PR.G Perpetual-Premium Quote: 25.41 – 25.86
Spot Rate : 0.4500
Average : 0.2639

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-16
Maturity Price : 25.00
Evaluated at bid price : 25.41
Bid-YTW : -13.55 %
SLF.PR.C Insurance Straight Quote: 23.90 – 24.29
Spot Rate : 0.3900
Average : 0.2468

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 23.63
Evaluated at bid price : 23.90
Bid-YTW : 4.68 %
TD.PF.B FixedReset Disc Quote: 22.34 – 22.76
Spot Rate : 0.4200
Average : 0.2812

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-16
Maturity Price : 21.98
Evaluated at bid price : 22.34
Bid-YTW : 3.68 %
Market Action

April 15, 2021

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices
Values are provisional and are finalized monthly
Index Mean
Current
Yield
(at bid)		 Median
YTW		 Median
Average
Trading
Value		 Median
Mod Dur
(YTW)		 Issues Day’s Perf. Index Value
Ratchet 0.00 % 0.00 % 0 0.00 0 -0.4187 % 2,428.1
FixedFloater 0.00 % 0.00 % 0 0.00 0 -0.4187 % 4,455.4
Floater 3.43 % 3.51 % 61,835 18.51 4 -0.4187 % 2,567.6
OpRet 0.00 % 0.00 % 0 0.00 0 0.1500 % 3,698.6
SplitShare 4.77 % 3.89 % 34,457 3.55 8 0.1500 % 4,416.9
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.1500 % 3,446.3
Perpetual-Premium 5.29 % -5.24 % 69,951 0.09 23 -0.0153 % 3,261.0
Perpetual-Discount 4.89 % 4.93 % 82,061 15.52 11 0.0450 % 3,769.2
FixedReset Disc 4.37 % 3.78 % 180,584 17.59 48 -0.3074 % 2,649.1
Insurance Straight 4.98 % 4.64 % 101,717 3.76 22 -0.0797 % 3,656.9
FloatingReset 2.85 % 3.19 % 74,889 19.28 2 -0.4873 % 2,467.2
FixedReset Prem 5.00 % 3.69 % 228,183 1.08 30 0.0536 % 2,729.3
FixedReset Bank Non 1.81 % 2.37 % 170,293 0.79 1 -0.1598 % 2,890.8
FixedReset Ins Non 4.37 % 3.79 % 150,282 17.49 22 -0.0667 % 2,816.2
Performance Highlights
Issue Index Change Notes
TRP.PR.B FixedReset Disc -5.97 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 12.45
Evaluated at bid price : 12.45
Bid-YTW : 4.29 %
PWF.PR.T FixedReset Disc -2.80 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 21.25
Evaluated at bid price : 21.53
Bid-YTW : 4.01 %
MFC.PR.F FixedReset Ins Non -2.42 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 16.96
Evaluated at bid price : 16.96
Bid-YTW : 3.52 %
TRP.PR.C FixedReset Disc -2.17 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 14.00
Evaluated at bid price : 14.00
Bid-YTW : 4.24 %
BAM.PR.K Floater -1.74 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 11.89
Evaluated at bid price : 11.89
Bid-YTW : 3.63 %
PWF.PR.P FixedReset Disc -1.66 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 14.80
Evaluated at bid price : 14.80
Bid-YTW : 4.10 %
TRP.PR.G FixedReset Disc -1.33 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 20.76
Evaluated at bid price : 20.76
Bid-YTW : 4.60 %
CIU.PR.A Perpetual-Discount -1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 24.04
Evaluated at bid price : 24.29
Bid-YTW : 4.78 %
BAM.PR.X FixedReset Disc -1.03 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 15.35
Evaluated at bid price : 15.35
Bid-YTW : 4.53 %
MFC.PR.K FixedReset Ins Non -1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 21.98
Evaluated at bid price : 22.23
Bid-YTW : 3.76 %
TD.PF.B FixedReset Disc -1.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 22.10
Evaluated at bid price : 22.52
Bid-YTW : 3.65 %
TD.PF.M FixedReset Prem 1.08 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-07-31
Maturity Price : 25.00
Evaluated at bid price : 26.17
Bid-YTW : 3.54 %
SLF.PR.H FixedReset Ins Non 1.59 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 21.13
Evaluated at bid price : 21.13
Bid-YTW : 3.72 %
GWO.PR.N FixedReset Ins Non 3.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 15.47
Evaluated at bid price : 15.47
Bid-YTW : 3.48 %
Volume Highlights
Issue Index Shares
Traded		 Notes
RY.PR.R FixedReset Prem 164,451 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-08-24
Maturity Price : 25.00
Evaluated at bid price : 25.60
Bid-YTW : 0.99 %
MFC.PR.R FixedReset Ins Non 101,500 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-19
Maturity Price : 25.00
Evaluated at bid price : 25.50
Bid-YTW : 3.04 %
MFC.PR.Q FixedReset Ins Non 80,500 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 23.04
Evaluated at bid price : 23.85
Bid-YTW : 3.79 %
BAM.PR.C Floater 67,600 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 12.00
Evaluated at bid price : 12.00
Bid-YTW : 3.59 %
EML.PR.A FixedReset Ins Non 66,108 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 23.91
Evaluated at bid price : 24.98
Bid-YTW : 5.94 %
CU.PR.I FixedReset Prem 58,101 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-01
Maturity Price : 25.00
Evaluated at bid price : 26.01
Bid-YTW : 3.69 %
There were 38 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
TRP.PR.B FixedReset Disc Quote: 12.45 – 13.39
Spot Rate : 0.9400
Average : 0.6184

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 12.45
Evaluated at bid price : 12.45
Bid-YTW : 4.29 %
PWF.PR.T FixedReset Disc Quote: 21.53 – 22.30
Spot Rate : 0.7700
Average : 0.4595

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 21.25
Evaluated at bid price : 21.53
Bid-YTW : 4.01 %
BIP.PR.A FixedReset Disc Quote: 22.50 – 23.45
Spot Rate : 0.9500
Average : 0.7002

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 22.02
Evaluated at bid price : 22.50
Bid-YTW : 4.89 %
CIU.PR.A Perpetual-Discount Quote: 24.29 – 24.95
Spot Rate : 0.6600
Average : 0.4263

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 24.04
Evaluated at bid price : 24.29
Bid-YTW : 4.78 %
MFC.PR.F FixedReset Ins Non Quote: 16.96 – 17.50
Spot Rate : 0.5400
Average : 0.3447

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-15
Maturity Price : 16.96
Evaluated at bid price : 16.96
Bid-YTW : 3.52 %
BNS.PR.H FixedReset Prem Quote: 25.60 – 26.00
Spot Rate : 0.4000
Average : 0.2340

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-01-26
Maturity Price : 25.00
Evaluated at bid price : 25.60
Bid-YTW : 1.55 %
Market Action

April 14, 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 -0.3378 % 2,438.3
FixedFloater 0.00 % 0.00 % 0 0.00 0 -0.3378 % 4,474.1
Floater 3.42 % 3.53 % 57,109 18.46 4 -0.3378 % 2,578.4
OpRet 0.00 % 0.00 % 0 0.00 0 -0.0774 % 3,693.1
SplitShare 4.78 % 3.90 % 35,829 3.55 8 -0.0774 % 4,410.3
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.0774 % 3,441.1
Perpetual-Premium 5.28 % -6.66 % 70,084 0.09 23 0.0597 % 3,261.5
Perpetual-Discount 4.90 % 4.95 % 85,307 15.58 11 0.0600 % 3,767.5
FixedReset Disc 4.36 % 3.78 % 183,098 17.59 48 0.2824 % 2,657.3
Insurance Straight 4.97 % 4.62 % 94,178 3.96 22 -0.0561 % 3,659.8
FloatingReset 2.83 % 3.16 % 71,536 19.34 2 0.1301 % 2,479.3
FixedReset Prem 5.00 % 3.76 % 236,116 1.09 30 0.0458 % 2,727.8
FixedReset Bank Non 1.80 % 2.16 % 169,338 0.79 1 0.1601 % 2,895.4
FixedReset Ins Non 4.37 % 3.79 % 146,857 17.50 22 0.2717 % 2,818.1
Performance Highlights
Issue Index Change Notes
GWO.PR.N FixedReset Ins Non -3.23 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-14
Maturity Price : 15.00
Evaluated at bid price : 15.00
Bid-YTW : 3.59 %
BAM.PR.B Floater -1.61 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-14
Maturity Price : 12.20
Evaluated at bid price : 12.20
Bid-YTW : 3.53 %
BNS.PR.I FixedReset Disc 1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-14
Maturity Price : 23.29
Evaluated at bid price : 24.65
Bid-YTW : 3.54 %
MFC.PR.J FixedReset Ins Non 1.05 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-14
Maturity Price : 23.62
Evaluated at bid price : 23.95
Bid-YTW : 3.85 %
IFC.PR.A FixedReset Ins Non 1.10 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-14
Maturity Price : 18.42
Evaluated at bid price : 18.42
Bid-YTW : 3.75 %
MFC.PR.K FixedReset Ins Non 1.35 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-14
Maturity Price : 22.15
Evaluated at bid price : 22.46
Bid-YTW : 3.71 %
IFC.PR.I Perpetual-Premium 1.60 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2029-03-31
Maturity Price : 25.00
Evaluated at bid price : 26.72
Bid-YTW : 4.43 %
MFC.PR.L FixedReset Ins Non 1.67 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-14
Maturity Price : 21.69
Evaluated at bid price : 21.94
Bid-YTW : 3.68 %
RY.PR.J FixedReset Disc 2.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-14
Maturity Price : 22.84
Evaluated at bid price : 24.00
Bid-YTW : 3.70 %
TRP.PR.C FixedReset Disc 2.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-14
Maturity Price : 14.31
Evaluated at bid price : 14.31
Bid-YTW : 4.14 %
TRP.PR.B FixedReset Disc 2.24 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-14
Maturity Price : 13.24
Evaluated at bid price : 13.24
Bid-YTW : 4.04 %
Volume Highlights
Issue Index Shares
Traded		 Notes
SLF.PR.A Insurance Straight 79,800 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-14
Maturity Price : 24.82
Evaluated at bid price : 25.04
Bid-YTW : 4.77 %
IAF.PR.G FixedReset Ins Non 77,400 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-14
Maturity Price : 23.75
Evaluated at bid price : 24.21
Bid-YTW : 3.93 %
NA.PR.C FixedReset Prem 53,519 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-11-15
Maturity Price : 25.00
Evaluated at bid price : 25.35
Bid-YTW : 3.31 %
BAM.PR.M Perpetual-Discount 52,574 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-14
Maturity Price : 23.63
Evaluated at bid price : 23.90
Bid-YTW : 5.00 %
RY.PR.H FixedReset Disc 42,715 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-14
Maturity Price : 22.42
Evaluated at bid price : 23.04
Bid-YTW : 3.56 %
MFC.PR.G FixedReset Ins Non 39,400 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-14
Maturity Price : 24.10
Evaluated at bid price : 24.65
Bid-YTW : 3.91 %
There were 23 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
POW.PR.D Perpetual-Premium Quote: 25.28 – 26.26
Spot Rate : 0.9800
Average : 0.6230

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-14
Maturity Price : 25.00
Evaluated at bid price : 25.28
Bid-YTW : -8.55 %
PVS.PR.I SplitShare Quote: 25.67 – 26.50
Spot Rate : 0.8300
Average : 0.4912

YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-10-31
Maturity Price : 25.00
Evaluated at bid price : 25.67
Bid-YTW : 4.24 %
EIT.PR.B SplitShare Quote: 26.00 – 27.00
Spot Rate : 1.0000
Average : 0.7246

YTW SCENARIO
Maturity Type : Soft Maturity
Maturity Date : 2025-03-14
Maturity Price : 25.00
Evaluated at bid price : 26.00
Bid-YTW : 3.82 %
GWO.PR.N FixedReset Ins Non Quote: 15.00 – 15.90
Spot Rate : 0.9000
Average : 0.6581

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-14
Maturity Price : 15.00
Evaluated at bid price : 15.00
Bid-YTW : 3.59 %
BIP.PR.A FixedReset Disc Quote: 22.31 – 22.90
Spot Rate : 0.5900
Average : 0.4264

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-14
Maturity Price : 21.89
Evaluated at bid price : 22.31
Bid-YTW : 4.94 %
ELF.PR.G Perpetual-Discount Quote: 24.19 – 24.65
Spot Rate : 0.4600
Average : 0.3340

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-14
Maturity Price : 23.93
Evaluated at bid price : 24.19
Bid-YTW : 4.92 %
Market Action

April 13, 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 0.0994 % 2,446.5
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.0994 % 4,489.3
Floater 3.41 % 3.48 % 57,652 18.59 4 0.0994 % 2,587.2
OpRet 0.00 % 0.00 % 0 0.00 0 -0.0435 % 3,695.9
SplitShare 4.78 % 3.90 % 37,299 3.56 8 -0.0435 % 4,413.7
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.0435 % 3,443.8
Perpetual-Premium 5.29 % -5.92 % 71,798 0.09 23 0.0972 % 3,259.6
Perpetual-Discount 4.90 % 4.96 % 81,418 15.57 11 0.3388 % 3,765.2
FixedReset Disc 4.37 % 3.80 % 185,456 17.58 48 -0.0038 % 2,649.8
Insurance Straight 4.97 % 4.45 % 92,330 3.77 22 0.1813 % 3,661.9
FloatingReset 2.84 % 3.16 % 68,594 19.35 2 0.9192 % 2,476.1
FixedReset Prem 5.01 % 3.74 % 238,860 1.09 30 0.0799 % 2,726.5
FixedReset Bank Non 1.81 % 2.35 % 171,748 0.79 1 0.0400 % 2,890.8
FixedReset Ins Non 4.38 % 3.80 % 145,692 17.49 22 0.3030 % 2,810.5
Performance Highlights
Issue Index Change Notes
RY.PR.J FixedReset Disc -3.09 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-13
Maturity Price : 22.61
Evaluated at bid price : 23.50
Bid-YTW : 3.80 %
CM.PR.Q FixedReset Disc -1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-13
Maturity Price : 22.45
Evaluated at bid price : 23.24
Bid-YTW : 3.84 %
BAM.PF.C Perpetual-Discount 1.09 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-13
Maturity Price : 23.79
Evaluated at bid price : 24.10
Bid-YTW : 5.06 %
BAM.PR.T FixedReset Disc 1.12 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-13
Maturity Price : 18.01
Evaluated at bid price : 18.01
Bid-YTW : 4.59 %
SLF.PR.H FixedReset Ins Non 1.16 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-13
Maturity Price : 21.00
Evaluated at bid price : 21.00
Bid-YTW : 3.75 %
SLF.PR.J FloatingReset 1.92 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-13
Maturity Price : 14.83
Evaluated at bid price : 14.83
Bid-YTW : 2.52 %
MFC.PR.N FixedReset Ins Non 2.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-13
Maturity Price : 22.23
Evaluated at bid price : 22.80
Bid-YTW : 3.65 %
Volume Highlights
Issue Index Shares
Traded		 Notes
RY.PR.H FixedReset Disc 110,375 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-13
Maturity Price : 22.43
Evaluated at bid price : 23.06
Bid-YTW : 3.56 %
MFC.PR.R FixedReset Ins Non 108,300 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-19
Maturity Price : 25.00
Evaluated at bid price : 25.45
Bid-YTW : 3.24 %
TRP.PR.K FixedReset Prem 93,700 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-05-31
Maturity Price : 25.00
Evaluated at bid price : 25.45
Bid-YTW : 3.85 %
RY.PR.J FixedReset Disc 72,386 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-13
Maturity Price : 22.61
Evaluated at bid price : 23.50
Bid-YTW : 3.80 %
TRP.PR.J FixedReset Prem 72,080 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-31
Maturity Price : 25.00
Evaluated at bid price : 25.27
Bid-YTW : 2.57 %
MFC.PR.H FixedReset Ins Non 50,800 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-13
Maturity Price : 24.59
Evaluated at bid price : 24.95
Bid-YTW : 4.12 %
There were 26 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
BAM.PR.R FixedReset Disc Quote: 17.77 – 19.25
Spot Rate : 1.4800
Average : 1.0205

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-13
Maturity Price : 17.77
Evaluated at bid price : 17.77
Bid-YTW : 4.62 %
RY.PR.J FixedReset Disc Quote: 23.50 – 24.10
Spot Rate : 0.6000
Average : 0.4259

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-13
Maturity Price : 22.61
Evaluated at bid price : 23.50
Bid-YTW : 3.80 %
BMO.PR.Y FixedReset Disc Quote: 23.50 – 24.00
Spot Rate : 0.5000
Average : 0.3689

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-13
Maturity Price : 22.58
Evaluated at bid price : 23.50
Bid-YTW : 3.73 %
BIP.PR.A FixedReset Disc Quote: 22.30 – 22.67
Spot Rate : 0.3700
Average : 0.2469

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-13
Maturity Price : 21.88
Evaluated at bid price : 22.30
Bid-YTW : 4.94 %
PWF.PR.A Floater Quote: 13.76 – 14.30
Spot Rate : 0.5400
Average : 0.4195

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-13
Maturity Price : 13.76
Evaluated at bid price : 13.76
Bid-YTW : 3.14 %
NA.PR.W FixedReset Disc Quote: 22.48 – 22.84
Spot Rate : 0.3600
Average : 0.2505

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-13
Maturity Price : 22.03
Evaluated at bid price : 22.48
Bid-YTW : 3.66 %
Market Action

April 12, 2021

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices
Values are provisional and are finalized monthly
Index Mean
Current
Yield
(at bid)		 Median
YTW		 Median
Average
Trading
Value		 Median
Mod Dur
(YTW)		 Issues Day’s Perf. Index Value
Ratchet 0.00 % 0.00 % 0 0.00 0 -0.1787 % 2,444.1
FixedFloater 0.00 % 0.00 % 0 0.00 0 -0.1787 % 4,484.8
Floater 3.41 % 3.49 % 56,435 18.57 4 -0.1787 % 2,584.6
OpRet 0.00 % 0.00 % 0 0.00 0 0.0097 % 3,697.5
SplitShare 4.77 % 3.87 % 37,763 3.56 8 0.0097 % 4,415.7
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.0097 % 3,445.3
Perpetual-Premium 5.29 % -6.00 % 71,707 0.09 23 0.0751 % 3,256.4
Perpetual-Discount 4.92 % 4.96 % 82,319 15.58 11 0.0188 % 3,752.5
FixedReset Disc 4.37 % 3.79 % 173,488 17.58 48 0.1841 % 2,649.9
Insurance Straight 4.98 % 4.63 % 93,786 3.77 22 0.0417 % 3,655.2
FloatingReset 2.86 % 3.16 % 68,051 19.35 2 0.8275 % 2,453.5
FixedReset Prem 5.01 % 3.74 % 235,424 1.09 30 0.0262 % 2,724.4
FixedReset Bank Non 1.81 % 2.39 % 178,574 0.79 1 -0.0800 % 2,889.7
FixedReset Ins Non 4.40 % 3.81 % 146,925 17.48 22 0.0020 % 2,802.0
Performance Highlights
Issue Index Change Notes
PWF.PR.A Floater -2.43 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-12
Maturity Price : 13.66
Evaluated at bid price : 13.66
Bid-YTW : 3.17 %
EIT.PR.A SplitShare -1.07 % YTW SCENARIO
Maturity Type : Soft Maturity
Maturity Date : 2024-03-14
Maturity Price : 25.00
Evaluated at bid price : 25.87
Bid-YTW : 3.69 %
NA.PR.C FixedReset Prem 1.16 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-11-15
Maturity Price : 25.00
Evaluated at bid price : 25.20
Bid-YTW : 3.68 %
TRP.PR.B FixedReset Disc 1.18 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-12
Maturity Price : 12.85
Evaluated at bid price : 12.85
Bid-YTW : 4.16 %
TRP.PR.F FloatingReset 1.66 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-12
Maturity Price : 15.91
Evaluated at bid price : 15.91
Bid-YTW : 3.16 %
SLF.PR.G FixedReset Ins Non 1.72 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-12
Maturity Price : 15.40
Evaluated at bid price : 15.40
Bid-YTW : 3.69 %
MFC.PR.F FixedReset Ins Non 1.94 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-12
Maturity Price : 17.32
Evaluated at bid price : 17.32
Bid-YTW : 3.45 %
Volume Highlights
Issue Index Shares
Traded		 Notes
BMO.PR.C FixedReset Prem 157,171 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-05-25
Maturity Price : 25.00
Evaluated at bid price : 25.32
Bid-YTW : 3.87 %
BAM.PF.J FixedReset Prem 155,320 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-12-31
Maturity Price : 25.00
Evaluated at bid price : 25.10
Bid-YTW : 4.63 %
MFC.PR.I FixedReset Ins Non 80,686 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-12
Maturity Price : 23.80
Evaluated at bid price : 24.20
Bid-YTW : 3.99 %
PWF.PR.P FixedReset Disc 79,748 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-12
Maturity Price : 15.00
Evaluated at bid price : 15.00
Bid-YTW : 4.04 %
RY.PR.H FixedReset Disc 67,308 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-12
Maturity Price : 22.44
Evaluated at bid price : 23.07
Bid-YTW : 3.56 %
TRP.PR.A FixedReset Disc 56,990 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-12
Maturity Price : 16.79
Evaluated at bid price : 16.79
Bid-YTW : 4.51 %
There were 30 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
PWF.PR.E Perpetual-Premium Quote: 25.36 – 27.30
Spot Rate : 1.9400
Average : 1.0630

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-12
Maturity Price : 25.00
Evaluated at bid price : 25.36
Bid-YTW : -14.65 %
MIC.PR.A Perpetual-Premium Quote: 25.75 – 26.95
Spot Rate : 1.2000
Average : 0.6696

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2030-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.75
Bid-YTW : 5.12 %
EIT.PR.B SplitShare Quote: 26.05 – 27.05
Spot Rate : 1.0000
Average : 0.6229

YTW SCENARIO
Maturity Type : Soft Maturity
Maturity Date : 2025-03-14
Maturity Price : 25.00
Evaluated at bid price : 26.05
Bid-YTW : 3.76 %
PWF.PR.P FixedReset Disc Quote: 15.00 – 15.74
Spot Rate : 0.7400
Average : 0.4283

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-12
Maturity Price : 15.00
Evaluated at bid price : 15.00
Bid-YTW : 4.04 %
IFC.PR.A FixedReset Ins Non Quote: 18.19 – 18.64
Spot Rate : 0.4500
Average : 0.3216

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-12
Maturity Price : 18.19
Evaluated at bid price : 18.19
Bid-YTW : 3.80 %
MFC.PR.M FixedReset Ins Non Quote: 22.97 – 23.62
Spot Rate : 0.6500
Average : 0.5305

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-12
Maturity Price : 22.35
Evaluated at bid price : 22.97
Bid-YTW : 3.69 %