February 22, 2019

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 -0.1352 % 2,192.2
FixedFloater 0.00 % 0.00 % 0 0.00 0 -0.1352 % 4,022.5
Floater 5.35 % 5.64 % 30,313 14.37 4 -0.1352 % 2,318.2
OpRet 0.00 % 0.00 % 0 0.00 0 0.0746 % 3,259.4
SplitShare 4.90 % 4.62 % 59,776 3.93 8 0.0746 % 3,892.5
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 0.0746 % 3,037.0
Perpetual-Premium 5.83 % -2.59 % 86,869 0.08 4 0.1089 % 2,899.2
Perpetual-Discount 5.56 % 5.63 % 77,973 14.25 31 0.1274 % 2,992.3
FixedReset Disc 5.14 % 5.41 % 224,319 14.79 65 0.3962 % 2,206.9
Deemed-Retractible 5.33 % 6.22 % 93,780 8.11 27 0.3522 % 2,979.1
FloatingReset 4.38 % 5.73 % 55,861 8.42 6 0.1503 % 2,431.2
FixedReset Prem 5.14 % 4.22 % 284,336 2.25 18 0.0588 % 2,533.8
FixedReset Bank Non 2.78 % 4.38 % 171,927 2.82 5 -0.0826 % 2,604.6
FixedReset Ins Non 4.99 % 6.97 % 132,694 8.26 22 0.5288 % 2,230.6
Performance Highlights
Issue Index Change Notes
HSE.PR.E FixedReset Disc -3.17 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 19.27
Evaluated at bid price : 19.27
Bid-YTW : 7.01 %
BAM.PF.I FixedReset Prem -1.71 % YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-31
Maturity Price : 25.00
Evaluated at bid price : 24.75
Bid-YTW : 5.43 %
TD.PF.J FixedReset Disc -1.66 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 21.64
Evaluated at bid price : 21.95
Bid-YTW : 5.21 %
BIP.PR.E FixedReset Disc -1.13 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 21.06
Evaluated at bid price : 21.06
Bid-YTW : 6.04 %
PWF.PR.Z Perpetual-Discount -1.06 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 21.96
Evaluated at bid price : 22.31
Bid-YTW : 5.82 %
BAM.PR.B Floater -1.04 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 12.40
Evaluated at bid price : 12.40
Bid-YTW : 5.66 %
BMO.PR.W FixedReset Disc 1.01 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 19.07
Evaluated at bid price : 19.07
Bid-YTW : 5.28 %
BAM.PR.T FixedReset Disc 1.08 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 16.78
Evaluated at bid price : 16.78
Bid-YTW : 6.03 %
SLF.PR.C Deemed-Retractible 1.13 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 20.53
Bid-YTW : 6.93 %
BIP.PR.A FixedReset Disc 1.20 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 20.25
Evaluated at bid price : 20.25
Bid-YTW : 6.64 %
BAM.PF.D Perpetual-Discount 1.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 21.75
Evaluated at bid price : 21.75
Bid-YTW : 5.73 %
SLF.PR.A Deemed-Retractible 1.26 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 21.64
Bid-YTW : 6.62 %
SLF.PR.J FloatingReset 1.30 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 14.86
Bid-YTW : 9.13 %
BIP.PR.F FixedReset Disc 1.36 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 21.36
Evaluated at bid price : 21.65
Bid-YTW : 5.98 %
SLF.PR.B Deemed-Retractible 1.36 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 21.65
Bid-YTW : 6.68 %
SLF.PR.D Deemed-Retractible 1.38 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 20.58
Bid-YTW : 6.90 %
SLF.PR.E Deemed-Retractible 1.38 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 20.54
Bid-YTW : 6.98 %
BAM.PR.Z FixedReset Disc 1.46 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 20.80
Evaluated at bid price : 20.80
Bid-YTW : 5.79 %
MFC.PR.I FixedReset Ins Non 1.48 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 21.30
Bid-YTW : 6.59 %
HSE.PR.C FixedReset Disc 1.55 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 19.05
Evaluated at bid price : 19.05
Bid-YTW : 6.55 %
CM.PR.R FixedReset Disc 1.62 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 22.51
Evaluated at bid price : 23.20
Bid-YTW : 5.41 %
IAF.PR.G FixedReset Ins Non 1.88 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 20.10
Bid-YTW : 7.03 %
BMO.PR.E FixedReset Disc 2.22 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 22.29
Evaluated at bid price : 23.00
Bid-YTW : 4.95 %
RY.PR.S FixedReset Disc 2.27 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 21.98
Evaluated at bid price : 22.50
Bid-YTW : 4.82 %
BNS.PR.I FixedReset Disc 2.80 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 22.55
Evaluated at bid price : 23.50
Bid-YTW : 4.66 %
RY.PR.J FixedReset Disc 3.24 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 21.37
Evaluated at bid price : 21.68
Bid-YTW : 5.16 %
MFC.PR.F FixedReset Ins Non 4.61 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 14.75
Bid-YTW : 8.97 %
Volume Highlights
Issue Index Shares
Traded
Notes
PWF.PR.S Perpetual-Discount 102,867 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 21.20
Evaluated at bid price : 21.20
Bid-YTW : 5.73 %
TD.PF.K FixedReset Disc 88,489 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 21.67
Evaluated at bid price : 22.03
Bid-YTW : 5.11 %
RY.PR.H FixedReset Disc 86,245 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 19.75
Evaluated at bid price : 19.75
Bid-YTW : 5.16 %
RY.PR.P Perpetual-Discount 78,057 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 24.57
Evaluated at bid price : 25.05
Bid-YTW : 5.25 %
MFC.PR.R FixedReset Ins Non 72,363 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-19
Maturity Price : 25.00
Evaluated at bid price : 24.75
Bid-YTW : 5.55 %
BMO.PR.W FixedReset Disc 65,078 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 19.07
Evaluated at bid price : 19.07
Bid-YTW : 5.28 %
There were 37 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
BIP.PR.D FixedReset Disc Quote: 22.16 – 23.10
Spot Rate : 0.9400
Average : 0.5556

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 21.86
Evaluated at bid price : 22.16
Bid-YTW : 6.25 %

BMO.PR.W FixedReset Disc Quote: 19.07 – 19.89
Spot Rate : 0.8200
Average : 0.5452

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 19.07
Evaluated at bid price : 19.07
Bid-YTW : 5.28 %

TD.PF.C FixedReset Disc Quote: 19.15 – 19.88
Spot Rate : 0.7300
Average : 0.4632

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 19.15
Evaluated at bid price : 19.15
Bid-YTW : 5.31 %

RY.PR.S FixedReset Disc Quote: 22.50 – 23.20
Spot Rate : 0.7000
Average : 0.4368

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-02-22
Maturity Price : 21.98
Evaluated at bid price : 22.50
Bid-YTW : 4.82 %

MFC.PR.L FixedReset Ins Non Quote: 18.22 – 18.90
Spot Rate : 0.6800
Average : 0.4216

YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 18.22
Bid-YTW : 7.82 %

BAM.PF.I FixedReset Prem Quote: 24.75 – 25.30
Spot Rate : 0.5500
Average : 0.3223

YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-31
Maturity Price : 25.00
Evaluated at bid price : 24.75
Bid-YTW : 5.43 %

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