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 %
Market Action

April 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 0.0596 % 2,448.5
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.0596 % 4,492.8
Floater 3.40 % 3.51 % 58,570 18.53 4 0.0596 % 2,589.2
OpRet 0.00 % 0.00 % 0 0.00 0 0.0774 % 3,697.2
SplitShare 4.77 % 3.88 % 38,968 3.57 8 0.0774 % 4,415.2
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.0774 % 3,444.9
Perpetual-Premium 5.30 % -3.85 % 69,362 0.09 23 0.0854 % 3,253.9
Perpetual-Discount 4.92 % 4.96 % 79,357 15.56 11 0.1168 % 3,751.8
FixedReset Disc 4.38 % 3.80 % 170,606 17.58 48 0.1143 % 2,645.0
Insurance Straight 4.98 % 4.57 % 92,877 3.78 22 0.1071 % 3,653.7
FloatingReset 2.89 % 3.21 % 65,424 19.23 2 -0.7556 % 2,433.4
FixedReset Prem 5.01 % 3.86 % 238,457 1.10 30 -0.1152 % 2,723.7
FixedReset Bank Non 1.80 % 2.27 % 180,664 0.80 1 0.0801 % 2,892.0
FixedReset Ins Non 4.40 % 3.83 % 147,780 17.50 22 0.5748 % 2,801.9
Performance Highlights
Issue Index Change Notes
TRP.PR.B FixedReset Disc -2.68 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 12.70
Evaluated at bid price : 12.70
Bid-YTW : 4.21 %
NA.PR.C FixedReset Prem -1.15 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 23.66
Evaluated at bid price : 24.91
Bid-YTW : 4.32 %
MFC.PR.N FixedReset Ins Non -1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 21.94
Evaluated at bid price : 22.35
Bid-YTW : 3.73 %
RY.PR.M FixedReset Disc -1.03 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 22.39
Evaluated at bid price : 23.16
Bid-YTW : 3.70 %
IFC.PR.C FixedReset Ins Non 1.09 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 22.34
Evaluated at bid price : 23.15
Bid-YTW : 3.87 %
EIT.PR.A SplitShare 1.16 % YTW SCENARIO
Maturity Type : Soft Maturity
Maturity Date : 2024-03-14
Maturity Price : 25.00
Evaluated at bid price : 26.15
Bid-YTW : 3.28 %
CM.PR.P FixedReset Disc 1.17 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 22.03
Evaluated at bid price : 22.48
Bid-YTW : 3.68 %
GWO.PR.N FixedReset Ins Non 1.26 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 15.29
Evaluated at bid price : 15.29
Bid-YTW : 3.52 %
PWF.PR.T FixedReset Disc 1.34 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 21.56
Evaluated at bid price : 21.96
Bid-YTW : 3.92 %
TD.PF.E FixedReset Disc 1.41 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 22.69
Evaluated at bid price : 23.75
Bid-YTW : 3.81 %
MFC.PR.M FixedReset Ins Non 1.89 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 22.45
Evaluated at bid price : 23.15
Bid-YTW : 3.65 %
MFC.PR.K FixedReset Ins Non 1.94 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 21.64
Evaluated at bid price : 22.07
Bid-YTW : 3.76 %
MFC.PR.L FixedReset Ins Non 2.98 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 21.44
Evaluated at bid price : 21.78
Bid-YTW : 3.70 %
Volume Highlights
Issue Index Shares
Traded		 Notes
NA.PR.X FixedReset Prem 213,815 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-15
Maturity Price : 25.00
Evaluated at bid price : 24.95
Bid-YTW : 2.04 %
TRP.PR.J FixedReset Prem 104,410 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-31
Maturity Price : 25.00
Evaluated at bid price : 25.28
Bid-YTW : 2.09 %
TD.PF.G FixedReset Prem 79,600 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-30
Maturity Price : 25.00
Evaluated at bid price : 24.97
Bid-YTW : 4.13 %
TD.PF.C FixedReset Disc 60,214 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 22.25
Evaluated at bid price : 22.82
Bid-YTW : 3.62 %
RY.PR.S FixedReset Disc 54,013 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 23.15
Evaluated at bid price : 24.35
Bid-YTW : 3.59 %
NA.PR.C FixedReset Prem 41,802 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 23.66
Evaluated at bid price : 24.91
Bid-YTW : 4.32 %
There were 16 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
RY.PR.M FixedReset Disc Quote: 23.16 – 24.48
Spot Rate : 1.3200
Average : 1.0032

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 22.39
Evaluated at bid price : 23.16
Bid-YTW : 3.70 %
IFC.PR.E Insurance Straight Quote: 25.95 – 26.95
Spot Rate : 1.0000
Average : 0.8006

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-06-30
Maturity Price : 25.25
Evaluated at bid price : 25.95
Bid-YTW : 4.49 %
BAM.PR.X FixedReset Disc Quote: 15.51 – 15.95
Spot Rate : 0.4400
Average : 0.2809

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 15.51
Evaluated at bid price : 15.51
Bid-YTW : 4.48 %
MFC.PR.N FixedReset Ins Non Quote: 22.35 – 23.00
Spot Rate : 0.6500
Average : 0.4959

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 21.94
Evaluated at bid price : 22.35
Bid-YTW : 3.73 %
GWO.PR.N FixedReset Ins Non Quote: 15.29 – 15.84
Spot Rate : 0.5500
Average : 0.4239

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 15.29
Evaluated at bid price : 15.29
Bid-YTW : 3.52 %
NA.PR.C FixedReset Prem Quote: 24.91 – 25.24
Spot Rate : 0.3300
Average : 0.2100

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-09
Maturity Price : 23.66
Evaluated at bid price : 24.91
Bid-YTW : 4.32 %
Market Action

April 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 0.0994 % 2,447.0
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.0994 % 4,490.2
Floater 3.41 % 3.54 % 60,365 18.46 4 0.0994 % 2,587.7
OpRet 0.00 % 0.00 % 0 0.00 0 -0.1932 % 3,694.3
SplitShare 4.78 % 3.88 % 40,562 3.57 8 -0.1932 % 4,411.8
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.1932 % 3,442.3
Perpetual-Premium 5.30 % -5.79 % 69,380 0.09 23 -0.3728 % 3,251.2
Perpetual-Discount 4.92 % 4.97 % 80,426 15.56 11 -0.0791 % 3,747.4
FixedReset Disc 4.39 % 3.78 % 176,969 17.61 48 0.0269 % 2,642.0
Insurance Straight 4.99 % 4.65 % 92,344 15.45 22 0.6783 % 3,649.8
FloatingReset 2.88 % 3.20 % 64,557 19.27 2 1.0960 % 2,451.9
FixedReset Prem 5.01 % 3.70 % 241,732 1.10 30 -0.0680 % 2,726.8
FixedReset Bank Non 1.81 % 2.35 % 183,586 0.80 1 -0.0400 % 2,889.7
FixedReset Ins Non 4.42 % 3.83 % 146,361 17.45 22 0.2646 % 2,785.9
Performance Highlights
Issue Index Change Notes
EIT.PR.A SplitShare -1.56 % YTW SCENARIO
Maturity Type : Soft Maturity
Maturity Date : 2024-03-14
Maturity Price : 25.00
Evaluated at bid price : 25.85
Bid-YTW : 3.70 %
TD.PF.I FixedReset Prem 1.00 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-08
Maturity Price : 23.71
Evaluated at bid price : 25.00
Bid-YTW : 3.91 %
MFC.PR.N FixedReset Ins Non 1.30 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-08
Maturity Price : 22.09
Evaluated at bid price : 22.59
Bid-YTW : 3.67 %
BMO.PR.Y FixedReset Disc 1.38 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-08
Maturity Price : 22.56
Evaluated at bid price : 23.45
Bid-YTW : 3.72 %
SLF.PR.J FloatingReset 1.39 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-08
Maturity Price : 14.64
Evaluated at bid price : 14.64
Bid-YTW : 2.57 %
IFC.PR.G FixedReset Ins Non 1.58 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-08
Maturity Price : 22.87
Evaluated at bid price : 23.17
Bid-YTW : 3.93 %
SLF.PR.G FixedReset Ins Non 2.70 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-08
Maturity Price : 15.20
Evaluated at bid price : 15.20
Bid-YTW : 3.71 %
TRP.PR.B FixedReset Disc 5.24 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-08
Maturity Price : 13.05
Evaluated at bid price : 13.05
Bid-YTW : 4.06 %
MFC.PR.C Insurance Straight 14.31 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-08
Maturity Price : 24.04
Evaluated at bid price : 24.29
Bid-YTW : 4.66 %
Volume Highlights
Issue Index Shares
Traded		 Notes
TD.PF.G FixedReset Prem 230,429 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-30
Maturity Price : 25.00
Evaluated at bid price : 24.97
Bid-YTW : 4.05 %
TRP.PR.J FixedReset Prem 198,897 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-31
Maturity Price : 25.00
Evaluated at bid price : 25.27
Bid-YTW : 2.33 %
SLF.PR.E Insurance Straight 189,448 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-08
Maturity Price : 24.05
Evaluated at bid price : 24.30
Bid-YTW : 4.65 %
NA.PR.X FixedReset Prem 172,100 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-15
Maturity Price : 25.00
Evaluated at bid price : 24.95
Bid-YTW : 1.99 %
CM.PR.R FixedReset Disc 82,206 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-07-31
Maturity Price : 25.00
Evaluated at bid price : 25.19
Bid-YTW : 3.64 %
TD.PF.B FixedReset Disc 69,487 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-08
Maturity Price : 22.22
Evaluated at bid price : 22.70
Bid-YTW : 3.59 %
There were 35 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
IFC.PR.E Insurance Straight Quote: 25.77 – 26.77
Spot Rate : 1.0000
Average : 0.5819

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-06-30
Maturity Price : 25.25
Evaluated at bid price : 25.77
Bid-YTW : 4.67 %
MFC.PR.L FixedReset Ins Non Quote: 21.15 – 21.99
Spot Rate : 0.8400
Average : 0.5599

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-08
Maturity Price : 21.15
Evaluated at bid price : 21.15
Bid-YTW : 3.82 %
PWF.PR.R Perpetual-Premium Quote: 25.36 – 25.98
Spot Rate : 0.6200
Average : 0.3748

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-30
Maturity Price : 25.00
Evaluated at bid price : 25.36
Bid-YTW : -6.76 %
MFC.PR.K FixedReset Ins Non Quote: 21.65 – 22.50
Spot Rate : 0.8500
Average : 0.6742

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-08
Maturity Price : 21.34
Evaluated at bid price : 21.65
Bid-YTW : 3.83 %
EIT.PR.A SplitShare Quote: 25.85 – 26.40
Spot Rate : 0.5500
Average : 0.3785

YTW SCENARIO
Maturity Type : Soft Maturity
Maturity Date : 2024-03-14
Maturity Price : 25.00
Evaluated at bid price : 25.85
Bid-YTW : 3.70 %
ELF.PR.F Perpetual-Premium Quote: 25.08 – 26.60
Spot Rate : 1.5200
Average : 1.3637

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-08
Maturity Price : 25.00
Evaluated at bid price : 25.08
Bid-YTW : -0.19 %
Market Action

April 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 0.3192 % 2,444.6
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.3192 % 4,485.7
Floater 3.41 % 3.53 % 61,108 18.47 4 0.3192 % 2,585.1
OpRet 0.00 % 0.00 % 0 0.00 0 0.1790 % 3,701.5
SplitShare 4.77 % 3.88 % 37,556 3.57 8 0.1790 % 4,420.4
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.1790 % 3,448.9
Perpetual-Premium 5.28 % -3.49 % 68,186 0.09 23 0.1193 % 3,263.3
Perpetual-Discount 4.92 % 4.98 % 76,500 15.45 11 0.0867 % 3,750.4
FixedReset Disc 4.39 % 3.79 % 177,107 17.59 48 0.0202 % 2,641.3
Insurance Straight 5.02 % 4.66 % 85,501 14.93 22 -0.5997 % 3,625.2
FloatingReset 2.91 % 3.22 % 62,658 19.20 2 0.0997 % 2,425.3
FixedReset Prem 5.00 % 3.79 % 245,426 1.11 30 0.0366 % 2,728.7
FixedReset Bank Non 1.81 % 2.29 % 190,078 0.81 1 0.0801 % 2,890.8
FixedReset Ins Non 4.43 % 3.82 % 142,303 17.45 22 0.0575 % 2,778.6
Performance Highlights
Issue Index Change Notes
MFC.PR.C Insurance Straight -12.62 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 21.25
Evaluated at bid price : 21.25
Bid-YTW : 5.35 %
TRP.PR.B FixedReset Disc -3.50 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 12.40
Evaluated at bid price : 12.40
Bid-YTW : 4.27 %
TRP.PR.D FixedReset Disc -1.56 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 18.87
Evaluated at bid price : 18.87
Bid-YTW : 4.53 %
SLF.PR.I FixedReset Ins Non -1.46 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 22.95
Evaluated at bid price : 23.60
Bid-YTW : 3.87 %
BAM.PR.Z FixedReset Disc -1.23 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 21.37
Evaluated at bid price : 21.68
Bid-YTW : 4.60 %
ELF.PR.G Perpetual-Discount -1.23 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 23.85
Evaluated at bid price : 24.10
Bid-YTW : 4.93 %
CU.PR.H Perpetual-Premium 1.06 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-09-01
Maturity Price : 25.25
Evaluated at bid price : 25.80
Bid-YTW : 4.49 %
CM.PR.S FixedReset Disc 1.07 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 23.28
Evaluated at bid price : 23.65
Bid-YTW : 3.67 %
CIU.PR.A Perpetual-Discount 2.11 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 24.00
Evaluated at bid price : 24.25
Bid-YTW : 4.78 %
TRP.PR.C FixedReset Disc 2.56 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 14.00
Evaluated at bid price : 14.00
Bid-YTW : 4.20 %
GWO.PR.N FixedReset Ins Non 3.35 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 15.10
Evaluated at bid price : 15.10
Bid-YTW : 3.54 %
Volume Highlights
Issue Index Shares
Traded		 Notes
CM.PR.O FixedReset Disc 92,772 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 22.12
Evaluated at bid price : 22.55
Bid-YTW : 3.67 %
TD.PF.G FixedReset Prem 86,800 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-30
Maturity Price : 25.00
Evaluated at bid price : 25.31
Bid-YTW : 4.23 %
TRP.PR.J FixedReset Prem 68,544 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-31
Maturity Price : 25.00
Evaluated at bid price : 25.27
Bid-YTW : 2.29 %
TD.PF.C FixedReset Disc 63,730 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 22.36
Evaluated at bid price : 23.00
Bid-YTW : 3.62 %
MFC.PR.J FixedReset Ins Non 48,695 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 23.36
Evaluated at bid price : 23.70
Bid-YTW : 3.87 %
CM.PR.Q FixedReset Disc 43,513 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 22.50
Evaluated at bid price : 23.33
Bid-YTW : 3.80 %
There were 20 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
MFC.PR.C Insurance Straight Quote: 21.25 – 24.40
Spot Rate : 3.1500
Average : 1.8045

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 21.25
Evaluated at bid price : 21.25
Bid-YTW : 5.35 %
MFC.PR.M FixedReset Ins Non Quote: 22.67 – 23.80
Spot Rate : 1.1300
Average : 0.6598

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 22.16
Evaluated at bid price : 22.67
Bid-YTW : 3.73 %
ELF.PR.F Perpetual-Premium Quote: 25.08 – 26.60
Spot Rate : 1.5200
Average : 1.1922

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-07
Maturity Price : 25.00
Evaluated at bid price : 25.08
Bid-YTW : -0.36 %
TRP.PR.B FixedReset Disc Quote: 12.40 – 13.24
Spot Rate : 0.8400
Average : 0.5637

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 12.40
Evaluated at bid price : 12.40
Bid-YTW : 4.27 %
BAM.PR.K Floater Quote: 11.99 – 12.99
Spot Rate : 1.0000
Average : 0.7699

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 11.99
Evaluated at bid price : 11.99
Bid-YTW : 3.59 %
MFC.PR.K FixedReset Ins Non Quote: 21.80 – 22.50
Spot Rate : 0.7000
Average : 0.4815

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-07
Maturity Price : 21.45
Evaluated at bid price : 21.80
Bid-YTW : 3.80 %
Market Action

April 6, 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 -0.1394 % 2,436.8
FixedFloater 0.00 % 0.00 % 0 0.00 0 -0.1394 % 4,471.4
Floater 3.42 % 3.55 % 63,412 18.44 4 -0.1394 % 2,576.9
OpRet 0.00 % 0.00 % 0 0.00 0 -0.1449 % 3,694.9
SplitShare 4.78 % 4.05 % 38,095 3.57 8 -0.1449 % 4,412.5
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.1449 % 3,442.8
Perpetual-Premium 5.29 % -4.23 % 68,820 0.09 23 0.0785 % 3,259.4
Perpetual-Discount 4.92 % 4.97 % 77,584 15.46 11 -0.1581 % 3,747.2
FixedReset Disc 4.39 % 3.80 % 176,686 17.60 48 0.1674 % 2,640.7
Insurance Straight 4.99 % 4.65 % 85,551 15.46 22 -0.0708 % 3,647.1
FloatingReset 2.92 % 3.23 % 62,755 19.20 2 0.1665 % 2,422.9
FixedReset Prem 5.00 % 3.92 % 248,684 1.56 30 -0.1059 % 2,727.7
FixedReset Bank Non 1.81 % 2.38 % 191,472 0.81 1 -0.0400 % 2,888.5
FixedReset Ins Non 4.44 % 3.82 % 143,417 17.49 22 -0.2048 % 2,777.0
Performance Highlights
Issue Index Change Notes
GWO.PR.N FixedReset Ins Non -5.07 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 14.61
Evaluated at bid price : 14.61
Bid-YTW : 3.65 %
CIU.PR.A Perpetual-Discount -1.45 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 23.48
Evaluated at bid price : 23.75
Bid-YTW : 4.88 %
BAM.PF.F FixedReset Disc -1.26 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 21.08
Evaluated at bid price : 21.08
Bid-YTW : 4.59 %
CU.PR.H Perpetual-Premium -1.24 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-09-01
Maturity Price : 25.25
Evaluated at bid price : 25.53
Bid-YTW : 4.96 %
BMO.PR.D FixedReset Prem -1.18 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 23.81
Evaluated at bid price : 25.10
Bid-YTW : 4.07 %
TRP.PR.E FixedReset Disc -1.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 18.70
Evaluated at bid price : 18.70
Bid-YTW : 4.52 %
BMO.PR.W FixedReset Disc 1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 22.24
Evaluated at bid price : 22.78
Bid-YTW : 3.60 %
NA.PR.E FixedReset Disc 1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 23.54
Evaluated at bid price : 23.85
Bid-YTW : 3.77 %
CM.PR.P FixedReset Disc 1.09 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 21.91
Evaluated at bid price : 22.30
Bid-YTW : 3.70 %
MFC.PR.F FixedReset Ins Non 1.26 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 16.87
Evaluated at bid price : 16.87
Bid-YTW : 3.51 %
TD.PF.B FixedReset Disc 1.33 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 22.34
Evaluated at bid price : 22.90
Bid-YTW : 3.60 %
NA.PR.W FixedReset Disc 1.91 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 21.99
Evaluated at bid price : 22.42
Bid-YTW : 3.65 %
Volume Highlights
Issue Index Shares
Traded		 Notes
TD.PF.A FixedReset Disc 125,917 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 22.34
Evaluated at bid price : 22.93
Bid-YTW : 3.57 %
RY.PR.J FixedReset Disc 113,910 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 22.87
Evaluated at bid price : 24.07
Bid-YTW : 3.67 %
EML.PR.A FixedReset Ins Non 103,820 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-17
Maturity Price : 25.00
Evaluated at bid price : 24.98
Bid-YTW : 4.97 %
RY.PR.Z FixedReset Disc 88,549 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 22.37
Evaluated at bid price : 22.91
Bid-YTW : 3.52 %
BAM.PR.C Floater 82,500 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 12.03
Evaluated at bid price : 12.03
Bid-YTW : 3.58 %
TRP.PR.J FixedReset Prem 65,935 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-31
Maturity Price : 25.00
Evaluated at bid price : 25.26
Bid-YTW : 2.51 %
There were 37 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
ELF.PR.F Perpetual-Premium Quote: 25.08 – 26.60
Spot Rate : 1.5200
Average : 0.8328

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-06
Maturity Price : 25.00
Evaluated at bid price : 25.08
Bid-YTW : -0.54 %
EIT.PR.B SplitShare Quote: 25.85 – 26.85
Spot Rate : 1.0000
Average : 0.6043

YTW SCENARIO
Maturity Type : Soft Maturity
Maturity Date : 2025-03-14
Maturity Price : 25.00
Evaluated at bid price : 25.85
Bid-YTW : 3.96 %
GWO.PR.N FixedReset Ins Non Quote: 14.61 – 15.49
Spot Rate : 0.8800
Average : 0.5010

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 14.61
Evaluated at bid price : 14.61
Bid-YTW : 3.65 %
BAM.PR.R FixedReset Disc Quote: 17.65 – 18.40
Spot Rate : 0.7500
Average : 0.4740

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 17.65
Evaluated at bid price : 17.65
Bid-YTW : 4.62 %
CIU.PR.A Perpetual-Discount Quote: 23.75 – 24.47
Spot Rate : 0.7200
Average : 0.4923

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 23.48
Evaluated at bid price : 23.75
Bid-YTW : 4.88 %
TRP.PR.C FixedReset Disc Quote: 13.65 – 14.20
Spot Rate : 0.5500
Average : 0.3715

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-06
Maturity Price : 13.65
Evaluated at bid price : 13.65
Bid-YTW : 4.31 %
Market Action

April 5, 2021

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices
Values are provisional and are finalized monthly
Index Mean
Current
Yield
(at bid)		 Median
YTW		 Median
Average
Trading
Value		 Median
Mod Dur
(YTW)		 Issues Day’s Perf. Index Value
Ratchet 0.00 % 0.00 % 0 0.00 0 0.2396 % 2,440.2
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.2396 % 4,477.7
Floater 3.42 % 3.56 % 58,521 18.42 4 0.2396 % 2,580.5
OpRet 0.00 % 0.00 % 0 0.00 0 0.4415 % 3,700.2
SplitShare 4.77 % 3.94 % 38,123 3.58 8 0.4415 % 4,418.9
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.4415 % 3,447.8
Perpetual-Premium 5.29 % -2.99 % 71,097 0.09 23 0.0700 % 3,256.9
Perpetual-Discount 4.92 % 5.00 % 74,217 15.48 11 -0.0827 % 3,753.1
FixedReset Disc 4.39 % 3.81 % 178,874 17.58 48 0.2682 % 2,636.3
Insurance Straight 4.99 % 4.62 % 85,780 15.40 22 -0.1559 % 3,649.7
FloatingReset 2.92 % 3.25 % 60,829 19.14 2 0.2671 % 2,418.9
FixedReset Prem 5.00 % 3.65 % 257,012 1.11 30 -0.0979 % 2,730.5
FixedReset Bank Non 1.81 % 2.33 % 193,021 0.81 1 -0.0800 % 2,889.7
FixedReset Ins Non 4.43 % 3.81 % 144,380 17.46 22 0.0041 % 2,782.7
Performance Highlights
Issue Index Change Notes
SLF.PR.G FixedReset Ins Non -2.30 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 14.85
Evaluated at bid price : 14.85
Bid-YTW : 3.79 %
BAM.PF.H FixedReset Prem -1.28 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-31
Maturity Price : 25.00
Evaluated at bid price : 26.16
Bid-YTW : 3.96 %
BAM.PF.F FixedReset Disc -1.16 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 21.35
Evaluated at bid price : 21.35
Bid-YTW : 4.53 %
PWF.PR.P FixedReset Disc -1.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 14.88
Evaluated at bid price : 14.88
Bid-YTW : 4.09 %
SLF.PR.D Insurance Straight -1.10 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 24.07
Evaluated at bid price : 24.33
Bid-YTW : 4.59 %
BAM.PF.E FixedReset Disc -1.04 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 19.05
Evaluated at bid price : 19.05
Bid-YTW : 4.63 %
BMO.PR.S FixedReset Disc 1.05 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 22.48
Evaluated at bid price : 23.10
Bid-YTW : 3.63 %
NA.PR.E FixedReset Disc 1.07 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 23.28
Evaluated at bid price : 23.60
Bid-YTW : 3.81 %
PVS.PR.I SplitShare 1.17 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-10-31
Maturity Price : 25.00
Evaluated at bid price : 25.95
Bid-YTW : 3.94 %
IFC.PR.A FixedReset Ins Non 1.30 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 17.93
Evaluated at bid price : 17.93
Bid-YTW : 3.83 %
TRP.PR.C FixedReset Disc 1.33 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 13.72
Evaluated at bid price : 13.72
Bid-YTW : 4.29 %
TRP.PR.D FixedReset Disc 1.75 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 19.16
Evaluated at bid price : 19.16
Bid-YTW : 4.46 %
GWO.PR.N FixedReset Ins Non 1.85 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 15.39
Evaluated at bid price : 15.39
Bid-YTW : 3.47 %
RY.PR.H FixedReset Disc 7.70 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 22.37
Evaluated at bid price : 22.95
Bid-YTW : 3.56 %
Volume Highlights
Issue Index Shares
Traded		 Notes
GWO.PR.N FixedReset Ins Non 98,700 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 15.39
Evaluated at bid price : 15.39
Bid-YTW : 3.47 %
BNS.PR.E FixedReset Prem 93,745 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-25
Maturity Price : 25.00
Evaluated at bid price : 24.97
Bid-YTW : 3.99 %
TRP.PR.B FixedReset Disc 79,899 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 12.77
Evaluated at bid price : 12.77
Bid-YTW : 4.15 %
SLF.PR.E Insurance Straight 72,500 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 24.21
Evaluated at bid price : 24.50
Bid-YTW : 4.60 %
TD.PF.G FixedReset Prem 65,802 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-30
Maturity Price : 25.00
Evaluated at bid price : 25.31
Bid-YTW : 4.07 %
SLF.PR.D Insurance Straight 58,400 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 24.07
Evaluated at bid price : 24.33
Bid-YTW : 4.59 %
There were 27 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
CM.PR.T FixedReset Prem Quote: 25.78 – 27.05
Spot Rate : 1.2700
Average : 0.6968

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-04-30
Maturity Price : 25.00
Evaluated at bid price : 25.78
Bid-YTW : 4.02 %
RY.PR.M FixedReset Disc Quote: 23.10 – 24.00
Spot Rate : 0.9000
Average : 0.5547

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 22.35
Evaluated at bid price : 23.10
Bid-YTW : 3.69 %
MFC.PR.K FixedReset Ins Non Quote: 21.82 – 22.50
Spot Rate : 0.6800
Average : 0.3978

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 21.47
Evaluated at bid price : 21.82
Bid-YTW : 3.79 %
BIP.PR.F FixedReset Disc Quote: 25.00 – 25.50
Spot Rate : 0.5000
Average : 0.3168

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 23.43
Evaluated at bid price : 25.00
Bid-YTW : 5.05 %
BAM.PF.H FixedReset Prem Quote: 26.16 – 26.61
Spot Rate : 0.4500
Average : 0.2805

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-31
Maturity Price : 25.00
Evaluated at bid price : 26.16
Bid-YTW : 3.96 %
SLF.PR.G FixedReset Ins Non Quote: 14.85 – 15.53
Spot Rate : 0.6800
Average : 0.5174

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-05
Maturity Price : 14.85
Evaluated at bid price : 14.85
Bid-YTW : 3.79 %
Market Action

April 1, 2021

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices
Values are provisional and are finalized monthly
Index Mean
Current
Yield
(at bid)		 Median
YTW		 Median
Average
Trading
Value		 Median
Mod Dur
(YTW)		 Issues Day’s Perf. Index Value
Ratchet 0.00 % 0.00 % 0 0.00 0 0.3406 % 2,434.4
FixedFloater 0.00 % 0.00 % 0 0.00 0 0.3406 % 4,467.0
Floater 3.42 % 3.57 % 58,401 18.40 4 0.3406 % 2,574.3
OpRet 0.00 % 0.00 % 0 0.00 0 0.2969 % 3,684.0
SplitShare 4.79 % 4.05 % 38,427 3.59 8 0.2969 % 4,399.4
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.2969 % 3,432.6
Perpetual-Premium 5.30 % -0.45 % 70,235 0.09 23 -0.1074 % 3,254.6
Perpetual-Discount 4.91 % 5.00 % 74,568 15.49 11 0.1016 % 3,756.2
FixedReset Disc 4.41 % 3.85 % 185,014 17.49 48 -0.3815 % 2,629.3
Insurance Straight 4.98 % 4.58 % 86,527 15.42 22 -0.0870 % 3,655.4
FloatingReset 2.93 % 3.27 % 56,109 19.11 2 0.7061 % 2,412.5
FixedReset Prem 4.99 % 3.66 % 260,511 1.12 30 -0.0731 % 2,733.2
FixedReset Bank Non 1.80 % 2.20 % 195,434 0.82 1 0.0000 % 2,892.0
FixedReset Ins Non 4.43 % 3.81 % 145,870 17.51 22 0.0184 % 2,782.5
Performance Highlights
Issue Index Change Notes
RY.PR.H FixedReset Disc -6.70 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 21.31
Evaluated at bid price : 21.31
Bid-YTW : 3.89 %
RY.PR.M FixedReset Disc -2.38 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 22.26
Evaluated at bid price : 22.94
Bid-YTW : 3.72 %
NA.PR.E FixedReset Disc -1.51 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 23.03
Evaluated at bid price : 23.35
Bid-YTW : 3.85 %
MFC.PR.F FixedReset Ins Non -1.30 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 16.64
Evaluated at bid price : 16.64
Bid-YTW : 3.55 %
NA.PR.W FixedReset Disc -1.28 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 21.76
Evaluated at bid price : 22.10
Bid-YTW : 3.71 %
PWF.PR.A Floater -1.26 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 14.07
Evaluated at bid price : 14.07
Bid-YTW : 3.07 %
CM.PR.S FixedReset Disc -1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 22.99
Evaluated at bid price : 23.36
Bid-YTW : 3.72 %
GWO.PR.I Insurance Straight 1.00 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 23.89
Evaluated at bid price : 24.14
Bid-YTW : 4.67 %
EIT.PR.A SplitShare 1.05 % YTW SCENARIO
Maturity Type : Soft Maturity
Maturity Date : 2024-03-14
Maturity Price : 25.00
Evaluated at bid price : 25.92
Bid-YTW : 3.57 %
BAM.PR.C Floater 1.10 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 12.00
Evaluated at bid price : 12.00
Bid-YTW : 3.59 %
BAM.PR.B Floater 1.17 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 12.06
Evaluated at bid price : 12.06
Bid-YTW : 3.57 %
TRP.PR.C FixedReset Disc 1.20 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 13.54
Evaluated at bid price : 13.54
Bid-YTW : 4.34 %
TRP.PR.B FixedReset Disc 1.20 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 12.65
Evaluated at bid price : 12.65
Bid-YTW : 4.19 %
CU.PR.H Perpetual-Premium 1.25 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-09-01
Maturity Price : 25.25
Evaluated at bid price : 25.85
Bid-YTW : 4.37 %
CIU.PR.A Perpetual-Discount 1.46 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 24.00
Evaluated at bid price : 24.25
Bid-YTW : 4.78 %
BAM.PF.F FixedReset Disc 1.89 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 21.31
Evaluated at bid price : 21.60
Bid-YTW : 4.45 %
CM.PR.P FixedReset Disc 1.98 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 21.84
Evaluated at bid price : 22.20
Bid-YTW : 3.71 %
Volume Highlights
Issue Index Shares
Traded		 Notes
RY.PR.R FixedReset Prem 304,100 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-08-24
Maturity Price : 25.00
Evaluated at bid price : 25.47
Bid-YTW : 2.20 %
SLF.PR.E Insurance Straight 176,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 24.43
Evaluated at bid price : 24.67
Bid-YTW : 4.57 %
SLF.PR.D Insurance Straight 81,904 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 24.29
Evaluated at bid price : 24.60
Bid-YTW : 4.53 %
RY.PR.Q FixedReset Prem 72,364 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-24
Maturity Price : 25.00
Evaluated at bid price : 25.27
Bid-YTW : 1.78 %
BNS.PR.H FixedReset Prem 57,648 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-01-26
Maturity Price : 25.00
Evaluated at bid price : 25.78
Bid-YTW : 2.08 %
CM.PR.R FixedReset Disc 56,300 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-07-31
Maturity Price : 25.00
Evaluated at bid price : 25.00
Bid-YTW : 4.18 %
There were 20 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
RY.PR.H FixedReset Disc Quote: 21.31 – 22.86
Spot Rate : 1.5500
Average : 0.8395

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 21.31
Evaluated at bid price : 21.31
Bid-YTW : 3.89 %
RY.PR.P Perpetual-Premium Quote: 26.16 – 26.78
Spot Rate : 0.6200
Average : 0.3699

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-01
Maturity Price : 26.00
Evaluated at bid price : 26.16
Bid-YTW : 3.62 %
MFC.PR.L FixedReset Ins Non Quote: 21.23 – 22.00
Spot Rate : 0.7700
Average : 0.5203

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 21.23
Evaluated at bid price : 21.23
Bid-YTW : 3.80 %
NA.PR.W FixedReset Disc Quote: 22.10 – 22.70
Spot Rate : 0.6000
Average : 0.4274

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 21.76
Evaluated at bid price : 22.10
Bid-YTW : 3.71 %
RS.PR.A SplitShare Quote: 10.31 – 11.29
Spot Rate : 0.9800
Average : 0.8513

YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-12-31
Maturity Price : 10.00
Evaluated at bid price : 10.31
Bid-YTW : 4.55 %
BMO.PR.Y FixedReset Disc Quote: 23.45 – 24.00
Spot Rate : 0.5500
Average : 0.4214

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-04-01
Maturity Price : 22.56
Evaluated at bid price : 23.45
Bid-YTW : 3.72 %
Market Action

March 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 1.3644 % 2,426.1
FixedFloater 0.00 % 0.00 % 0 0.00 0 1.3644 % 4,451.8
Floater 3.44 % 3.61 % 58,497 18.30 4 1.3644 % 2,565.6
OpRet 0.00 % 0.00 % 0 0.00 0 -0.2553 % 3,673.1
SplitShare 4.81 % 4.11 % 40,005 3.59 8 -0.2553 % 4,386.4
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.2553 % 3,422.5
Perpetual-Premium 5.29 % -1.76 % 71,016 0.09 23 0.0392 % 3,258.1
Perpetual-Discount 4.92 % 4.98 % 75,845 15.49 11 -0.0665 % 3,752.4
FixedReset Disc 4.39 % 3.82 % 184,693 17.46 48 -0.3831 % 2,639.3
Insurance Straight 4.98 % 4.60 % 89,977 15.43 22 0.0326 % 3,658.5
FloatingReset 2.95 % 3.30 % 51,756 19.03 2 0.4390 % 2,395.5
FixedReset Prem 4.99 % 3.71 % 271,067 1.12 30 -0.0901 % 2,735.2
FixedReset Bank Non 1.80 % 2.19 % 196,772 0.83 1 0.2004 % 2,892.0
FixedReset Ins Non 4.43 % 3.83 % 147,813 17.52 22 -0.2391 % 2,782.0
Performance Highlights
Issue Index Change Notes
CM.PR.P FixedReset Disc -3.89 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 21.43
Evaluated at bid price : 21.77
Bid-YTW : 3.79 %
TRP.PR.D FixedReset Disc -2.24 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 18.80
Evaluated at bid price : 18.80
Bid-YTW : 4.54 %
EIT.PR.A SplitShare -1.99 % YTW SCENARIO
Maturity Type : Soft Maturity
Maturity Date : 2024-03-14
Maturity Price : 25.00
Evaluated at bid price : 25.65
Bid-YTW : 3.96 %
CM.PR.O FixedReset Disc -1.94 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 21.89
Evaluated at bid price : 22.22
Bid-YTW : 3.73 %
BAM.PF.F FixedReset Disc -1.90 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 21.20
Evaluated at bid price : 21.20
Bid-YTW : 4.56 %
TRP.PR.E FixedReset Disc -1.73 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 18.75
Evaluated at bid price : 18.75
Bid-YTW : 4.51 %
CIU.PR.A Perpetual-Discount -1.44 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 23.63
Evaluated at bid price : 23.90
Bid-YTW : 4.85 %
BIP.PR.B FixedReset Prem -1.25 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-31
Maturity Price : 25.00
Evaluated at bid price : 26.12
Bid-YTW : 4.47 %
NA.PR.W FixedReset Disc -1.18 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 22.12
Evaluated at bid price : 22.63
Bid-YTW : 3.66 %
MFC.PR.M FixedReset Ins Non -1.14 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 22.05
Evaluated at bid price : 22.49
Bid-YTW : 3.76 %
TRP.PR.C FixedReset Disc -1.04 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 13.38
Evaluated at bid price : 13.38
Bid-YTW : 4.39 %
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 : 25.25
Bid-YTW : 4.01 %
PWF.PR.A Floater 1.42 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 14.25
Evaluated at bid price : 14.25
Bid-YTW : 3.03 %
BAM.PR.K Floater 1.45 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 11.87
Evaluated at bid price : 11.87
Bid-YTW : 3.63 %
BAM.PR.C Floater 1.71 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 11.87
Evaluated at bid price : 11.87
Bid-YTW : 3.63 %
TRP.PR.A FixedReset Disc 4.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 16.83
Evaluated at bid price : 16.83
Bid-YTW : 4.46 %
Volume Highlights
Issue Index Shares
Traded		 Notes
SLF.PR.E Insurance Straight 118,900 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 24.46
Evaluated at bid price : 24.70
Bid-YTW : 4.57 %
MFC.PR.J FixedReset Ins Non 102,250 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 23.31
Evaluated at bid price : 23.65
Bid-YTW : 3.87 %
SLF.PR.I FixedReset Ins Non 96,025 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 23.18
Evaluated at bid price : 23.82
Bid-YTW : 3.83 %
TD.PF.C FixedReset Disc 59,273 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 22.20
Evaluated at bid price : 22.74
Bid-YTW : 3.67 %
IFC.PR.A FixedReset Ins Non 59,133 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 17.76
Evaluated at bid price : 17.76
Bid-YTW : 3.86 %
MFC.PR.F FixedReset Ins Non 52,900 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 16.86
Evaluated at bid price : 16.86
Bid-YTW : 3.51 %
There were 47 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
CM.PR.P FixedReset Disc Quote: 21.77 – 22.50
Spot Rate : 0.7300
Average : 0.4361

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 21.43
Evaluated at bid price : 21.77
Bid-YTW : 3.79 %
RS.PR.A SplitShare Quote: 10.31 – 11.29
Spot Rate : 0.9800
Average : 0.7102

YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-12-31
Maturity Price : 10.00
Evaluated at bid price : 10.31
Bid-YTW : 4.54 %
IFC.PR.G FixedReset Ins Non Quote: 22.81 – 23.50
Spot Rate : 0.6900
Average : 0.4249

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 22.41
Evaluated at bid price : 22.81
Bid-YTW : 3.98 %
SLF.PR.I FixedReset Ins Non Quote: 23.82 – 24.48
Spot Rate : 0.6600
Average : 0.4319

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 23.18
Evaluated at bid price : 23.82
Bid-YTW : 3.83 %
BAM.PF.F FixedReset Disc Quote: 21.20 – 21.80
Spot Rate : 0.6000
Average : 0.4353

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 21.20
Evaluated at bid price : 21.20
Bid-YTW : 4.56 %
CIU.PR.A Perpetual-Discount Quote: 23.90 – 24.42
Spot Rate : 0.5200
Average : 0.3603

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-31
Maturity Price : 23.63
Evaluated at bid price : 23.90
Bid-YTW : 4.85 %
Market Action

March 30, 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 1.1501 % 2,393.5
FixedFloater 0.00 % 0.00 % 0 0.00 0 1.1501 % 4,391.9
Floater 3.66 % 3.66 % 64,295 18.14 3 1.1501 % 2,531.1
OpRet 0.00 % 0.00 % 0 0.00 0 -0.2827 % 3,682.5
SplitShare 4.76 % 4.23 % 45,257 3.59 9 -0.2827 % 4,397.6
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.2827 % 3,431.2
Perpetual-Premium 5.31 % -5.36 % 79,947 0.09 21 -0.1490 % 3,256.8
Perpetual-Discount 4.94 % 4.97 % 75,895 15.50 13 -0.0822 % 3,754.9
FixedReset Disc 4.39 % 3.82 % 214,348 17.27 52 -0.0122 % 2,649.5
Insurance Straight 4.98 % 4.57 % 93,044 15.43 22 -0.1357 % 3,657.4
FloatingReset 2.96 % 3.29 % 50,805 19.00 2 -0.1349 % 2,385.1
FixedReset Prem 5.05 % 3.55 % 251,642 0.98 26 0.0661 % 2,737.7
FixedReset Bank Non 1.81 % 2.43 % 199,307 0.83 1 0.0000 % 2,886.2
FixedReset Ins Non 4.42 % 3.82 % 145,843 17.56 22 0.2417 % 2,788.7
Performance Highlights
Issue Index Change Notes
TRP.PR.A FixedReset Disc -2.48 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 16.15
Evaluated at bid price : 16.15
Bid-YTW : 4.66 %
BAM.PR.R FixedReset Disc -2.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 17.68
Evaluated at bid price : 17.68
Bid-YTW : 4.61 %
CU.PR.H Perpetual-Premium -1.62 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-09-01
Maturity Price : 25.25
Evaluated at bid price : 25.53
Bid-YTW : 4.92 %
BAM.PF.F FixedReset Disc -1.55 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 21.31
Evaluated at bid price : 21.61
Bid-YTW : 4.45 %
BAM.PR.T FixedReset Disc -1.54 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 17.86
Evaluated at bid price : 17.86
Bid-YTW : 4.59 %
BAM.PF.B FixedReset Disc -1.42 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 20.80
Evaluated at bid price : 20.80
Bid-YTW : 4.50 %
BIP.PR.E FixedReset Disc -1.05 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 23.43
Evaluated at bid price : 24.60
Bid-YTW : 5.04 %
BAM.PF.E FixedReset Disc -1.03 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 19.30
Evaluated at bid price : 19.30
Bid-YTW : 4.57 %
SLF.PR.G FixedReset Ins Non 1.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 15.00
Evaluated at bid price : 15.00
Bid-YTW : 3.75 %
BAM.PR.B Floater 1.20 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 11.81
Evaluated at bid price : 11.81
Bid-YTW : 3.63 %
BMO.PR.Y FixedReset Disc 1.29 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 22.58
Evaluated at bid price : 23.50
Bid-YTW : 3.71 %
IFC.PR.A FixedReset Ins Non 1.30 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 17.92
Evaluated at bid price : 17.92
Bid-YTW : 3.83 %
IAF.PR.I FixedReset Ins Non 1.31 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 23.52
Evaluated at bid price : 24.82
Bid-YTW : 3.76 %
TRP.PR.C FixedReset Disc 1.96 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 13.52
Evaluated at bid price : 13.52
Bid-YTW : 4.35 %
BAM.PR.K Floater 2.18 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 11.70
Evaluated at bid price : 11.70
Bid-YTW : 3.66 %
TRP.PR.D FixedReset Disc 2.49 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 19.23
Evaluated at bid price : 19.23
Bid-YTW : 4.44 %
TRP.PR.E FixedReset Disc 7.31 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 19.08
Evaluated at bid price : 19.08
Bid-YTW : 4.43 %
Volume Highlights
Issue Index Shares
Traded		 Notes
GWO.PR.N FixedReset Ins Non 102,980 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 14.94
Evaluated at bid price : 14.94
Bid-YTW : 3.57 %
CM.PR.R FixedReset Disc 78,379 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-07-31
Maturity Price : 25.00
Evaluated at bid price : 25.04
Bid-YTW : 4.03 %
TRP.PR.B FixedReset Disc 66,200 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 12.44
Evaluated at bid price : 12.44
Bid-YTW : 4.25 %
BNS.PR.I FixedReset Disc 62,700 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 23.35
Evaluated at bid price : 24.83
Bid-YTW : 3.54 %
NA.PR.X FixedReset Prem 57,653 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-05-15
Maturity Price : 25.00
Evaluated at bid price : 25.29
Bid-YTW : 1.61 %
BAM.PF.J FixedReset Prem 53,747 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-12-31
Maturity Price : 25.00
Evaluated at bid price : 25.15
Bid-YTW : 4.41 %
There were 42 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
SLF.PR.G FixedReset Ins Non Quote: 15.00 – 15.89
Spot Rate : 0.8900
Average : 0.5409

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 15.00
Evaluated at bid price : 15.00
Bid-YTW : 3.75 %
TRP.PR.A FixedReset Disc Quote: 16.15 – 16.98
Spot Rate : 0.8300
Average : 0.5258

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 16.15
Evaluated at bid price : 16.15
Bid-YTW : 4.66 %
CU.PR.H Perpetual-Premium Quote: 25.53 – 26.00
Spot Rate : 0.4700
Average : 0.3259

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-09-01
Maturity Price : 25.25
Evaluated at bid price : 25.53
Bid-YTW : 4.92 %
IFC.PR.I Perpetual-Premium Quote: 26.33 – 26.82
Spot Rate : 0.4900
Average : 0.3523

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2029-03-31
Maturity Price : 25.00
Evaluated at bid price : 26.33
Bid-YTW : 4.63 %
BIP.PR.E FixedReset Disc Quote: 24.60 – 25.00
Spot Rate : 0.4000
Average : 0.2742

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 23.43
Evaluated at bid price : 24.60
Bid-YTW : 5.04 %
BAM.PF.B FixedReset Disc Quote: 20.80 – 21.28
Spot Rate : 0.4800
Average : 0.3678

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-30
Maturity Price : 20.80
Evaluated at bid price : 20.80
Bid-YTW : 4.50 %
Market Action

March 29, 2021

HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices
Values are provisional and are finalized monthly
Index Mean
Current
Yield
(at bid)		 Median
YTW		 Median
Average
Trading
Value		 Median
Mod Dur
(YTW)		 Issues Day’s Perf. Index Value
Ratchet 0.00 % 0.00 % 0 0.00 0 -0.3438 % 2,366.2
FixedFloater 0.00 % 0.00 % 0 0.00 0 -0.3438 % 4,341.9
Floater 3.70 % 3.68 % 59,342 18.11 3 -0.3438 % 2,502.3
OpRet 0.00 % 0.00 % 0 0.00 0 0.2401 % 3,692.9
SplitShare 4.75 % 4.17 % 44,827 3.60 9 0.2401 % 4,410.1
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.2401 % 3,440.9
Perpetual-Premium 5.30 % -5.52 % 81,658 0.09 21 0.0969 % 3,261.7
Perpetual-Discount 4.94 % 4.97 % 76,942 15.48 13 0.0854 % 3,758.0
FixedReset Disc 4.39 % 3.81 % 215,812 17.26 52 -0.0026 % 2,649.8
Insurance Straight 4.97 % 4.55 % 94,252 3.81 22 0.1377 % 3,662.3
FloatingReset 2.96 % 3.30 % 51,380 18.97 2 -0.5367 % 2,388.3
FixedReset Prem 5.06 % 3.58 % 255,092 0.98 26 0.2545 % 2,735.9
FixedReset Bank Non 1.81 % 2.42 % 202,159 0.83 1 0.0000 % 2,886.2
FixedReset Ins Non 4.43 % 3.84 % 143,486 17.51 22 -0.2941 % 2,782.0
Performance Highlights
Issue Index Change Notes
IFC.PR.C FixedReset Ins Non -1.26 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-29
Maturity Price : 22.14
Evaluated at bid price : 22.81
Bid-YTW : 3.91 %
IAF.PR.I FixedReset Ins Non -1.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-29
Maturity Price : 23.39
Evaluated at bid price : 24.50
Bid-YTW : 3.83 %
BAM.PR.K Floater -1.12 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-29
Maturity Price : 11.45
Evaluated at bid price : 11.45
Bid-YTW : 3.74 %
IFC.PR.G FixedReset Ins Non -1.09 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-29
Maturity Price : 22.34
Evaluated at bid price : 22.70
Bid-YTW : 4.01 %
TRP.PR.F FloatingReset -1.04 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-29
Maturity Price : 15.20
Evaluated at bid price : 15.20
Bid-YTW : 3.30 %
BMO.PR.F FixedReset Prem 1.16 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-05-25
Maturity Price : 25.00
Evaluated at bid price : 26.10
Bid-YTW : 3.79 %
RS.PR.A SplitShare 1.25 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-12-31
Maturity Price : 10.00
Evaluated at bid price : 10.50
Bid-YTW : 4.40 %
CU.PR.H Perpetual-Premium 1.29 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-09-01
Maturity Price : 25.50
Evaluated at bid price : 25.95
Bid-YTW : 4.17 %
CM.PR.Y FixedReset Prem 1.36 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2024-07-31
Maturity Price : 25.00
Evaluated at bid price : 26.00
Bid-YTW : 3.75 %
TD.PF.J FixedReset Disc 1.57 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-29
Maturity Price : 23.43
Evaluated at bid price : 24.65
Bid-YTW : 3.77 %
BIP.PR.B FixedReset Prem 2.74 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2025-12-31
Maturity Price : 25.00
Evaluated at bid price : 26.25
Bid-YTW : 4.35 %
Volume Highlights
Issue Index Shares
Traded		 Notes
NA.PR.S FixedReset Disc 106,250 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-29
Maturity Price : 22.71
Evaluated at bid price : 23.50
Bid-YTW : 3.65 %
TD.PF.H FixedReset Prem 96,954 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-10-31
Maturity Price : 25.00
Evaluated at bid price : 25.56
Bid-YTW : 2.37 %
CU.PR.E Perpetual-Discount 96,000 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-29
Maturity Price : 24.54
Evaluated at bid price : 24.82
Bid-YTW : 4.97 %
BAM.PF.J FixedReset Prem 87,880 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-12-31
Maturity Price : 25.00
Evaluated at bid price : 25.08
Bid-YTW : 4.57 %
BNS.PR.G FixedReset Prem 65,300 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2021-07-25
Maturity Price : 25.00
Evaluated at bid price : 25.50
Bid-YTW : 2.20 %
CM.PR.R FixedReset Disc 56,317 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-07-31
Maturity Price : 25.00
Evaluated at bid price : 25.05
Bid-YTW : 3.99 %
There were 23 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
MFC.PR.J FixedReset Ins Non Quote: 23.73 – 24.47
Spot Rate : 0.7400
Average : 0.4282

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-29
Maturity Price : 23.39
Evaluated at bid price : 23.73
Bid-YTW : 3.86 %
IAF.PR.I FixedReset Ins Non Quote: 24.50 – 24.89
Spot Rate : 0.3900
Average : 0.2486

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-29
Maturity Price : 23.39
Evaluated at bid price : 24.50
Bid-YTW : 3.83 %
TRP.PR.E FixedReset Disc Quote: 18.00 – 19.25
Spot Rate : 1.2500
Average : 1.1187

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-29
Maturity Price : 18.00
Evaluated at bid price : 18.00
Bid-YTW : 4.78 %
SLF.PR.I FixedReset Ins Non Quote: 23.85 – 24.25
Spot Rate : 0.4000
Average : 0.2717

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2051-03-29
Maturity Price : 23.21
Evaluated at bid price : 23.85
Bid-YTW : 3.82 %
RS.PR.A SplitShare Quote: 10.50 – 11.29
Spot Rate : 0.7900
Average : 0.6715

YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2025-12-31
Maturity Price : 10.00
Evaluated at bid price : 10.50
Bid-YTW : 4.40 %
GWO.PR.S Insurance Straight Quote: 25.50 – 25.75
Spot Rate : 0.2500
Average : 0.1594

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2023-06-30
Maturity Price : 25.00
Evaluated at bid price : 25.50
Bid-YTW : 4.33 %