March 5, 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 -0.0966 % 2,193.4
FixedFloater 0.00 % 0.00 % 0 0.00 0 -0.0966 % 4,024.8
Floater 5.35 % 5.57 % 27,690 14.45 4 -0.0966 % 2,319.5
OpRet 0.00 % 0.00 % 0 0.00 0 -0.0298 % 3,268.6
SplitShare 4.89 % 4.72 % 60,652 3.94 8 -0.0298 % 3,903.4
Interest-Bearing 0.00 % 0.00 % 0 0.00 0 -0.0298 % 3,045.6
Perpetual-Premium 5.82 % -5.21 % 84,307 0.08 4 0.0691 % 2,908.1
Perpetual-Discount 5.52 % 5.67 % 69,821 14.28 31 0.1349 % 3,012.3
FixedReset Disc 5.09 % 5.37 % 209,702 14.87 65 0.4750 % 2,233.9
Deemed-Retractible 5.34 % 6.13 % 94,690 8.20 27 0.0759 % 3,003.4
FloatingReset 4.34 % 5.63 % 53,771 8.55 6 0.0374 % 2,446.7
FixedReset Prem 5.10 % 3.97 % 304,802 2.23 18 0.1992 % 2,553.1
FixedReset Bank Non 1.97 % 3.93 % 159,511 2.80 3 0.1388 % 2,642.9
FixedReset Ins Non 4.93 % 6.58 % 130,985 8.38 22 0.6594 % 2,279.1
Performance Highlights
Issue Index Change Notes
PWF.PR.A Floater -1.41 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 14.00
Evaluated at bid price : 14.00
Bid-YTW : 4.98 %
TRP.PR.H FloatingReset -1.16 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 12.80
Evaluated at bid price : 12.80
Bid-YTW : 5.76 %
SLF.PR.G FixedReset Ins Non 1.01 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 15.05
Bid-YTW : 8.83 %
RY.PR.S FixedReset Disc 1.02 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 22.12
Evaluated at bid price : 22.73
Bid-YTW : 4.77 %
IFC.PR.C FixedReset Ins Non 1.02 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 19.75
Bid-YTW : 7.03 %
IFC.PR.E Deemed-Retractible 1.03 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 23.57
Bid-YTW : 6.08 %
TD.PF.D FixedReset Disc 1.05 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 21.64
Evaluated at bid price : 22.05
Bid-YTW : 5.14 %
TD.PF.J FixedReset Disc 1.14 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 22.36
Evaluated at bid price : 23.06
Bid-YTW : 4.93 %
BAM.PR.K Floater 1.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 12.59
Evaluated at bid price : 12.59
Bid-YTW : 5.58 %
BMO.PR.W FixedReset Disc 1.22 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 19.14
Evaluated at bid price : 19.14
Bid-YTW : 5.27 %
CM.PR.S FixedReset Disc 1.41 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 20.86
Evaluated at bid price : 20.86
Bid-YTW : 5.22 %
NA.PR.G FixedReset Disc 1.43 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 21.69
Evaluated at bid price : 22.06
Bid-YTW : 5.32 %
NA.PR.E FixedReset Disc 1.46 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 20.85
Evaluated at bid price : 20.85
Bid-YTW : 5.36 %
HSE.PR.E FixedReset Disc 1.55 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 20.31
Evaluated at bid price : 20.31
Bid-YTW : 6.66 %
TD.PF.E FixedReset Disc 1.56 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 21.73
Evaluated at bid price : 22.20
Bid-YTW : 5.18 %
TRP.PR.G FixedReset Disc 1.56 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 20.16
Evaluated at bid price : 20.16
Bid-YTW : 5.80 %
BIP.PR.E FixedReset Disc 1.67 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 21.25
Evaluated at bid price : 21.25
Bid-YTW : 5.89 %
BAM.PR.X FixedReset Disc 1.69 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 15.02
Evaluated at bid price : 15.02
Bid-YTW : 5.79 %
CU.PR.H Perpetual-Discount 1.70 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 24.02
Evaluated at bid price : 24.51
Bid-YTW : 5.37 %
EMA.PR.F FixedReset Disc 1.70 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 19.70
Evaluated at bid price : 19.70
Bid-YTW : 5.65 %
HSE.PR.A FixedReset Disc 1.73 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 13.52
Evaluated at bid price : 13.52
Bid-YTW : 6.35 %
MFC.PR.L FixedReset Ins Non 2.15 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 18.54
Bid-YTW : 7.47 %
MFC.PR.M FixedReset Ins Non 2.20 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 19.49
Bid-YTW : 7.08 %
EMA.PR.H FixedReset Disc 2.21 % YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 22.39
Evaluated at bid price : 23.15
Bid-YTW : 5.30 %
MFC.PR.G FixedReset Ins Non 2.31 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 21.28
Bid-YTW : 6.37 %
IFC.PR.G FixedReset Ins Non 2.49 % YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 21.78
Bid-YTW : 6.40 %
Volume Highlights
Issue Index Shares
Traded
Notes
BMO.PR.T FixedReset Disc 265,285 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 19.15
Evaluated at bid price : 19.15
Bid-YTW : 5.30 %
RY.PR.H FixedReset Disc 240,619 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 19.78
Evaluated at bid price : 19.78
Bid-YTW : 5.16 %
BAM.PF.I FixedReset Prem 105,200 YTW SCENARIO
Maturity Type : Call
Maturity Date : 2022-03-31
Maturity Price : 25.00
Evaluated at bid price : 25.25
Bid-YTW : 4.77 %
IFC.PR.C FixedReset Ins Non 97,240 YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 19.75
Bid-YTW : 7.03 %
TD.PF.L FixedReset Prem 57,623 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 23.28
Evaluated at bid price : 25.41
Bid-YTW : 4.96 %
BAM.PF.A FixedReset Disc 55,102 YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 21.53
Evaluated at bid price : 21.53
Bid-YTW : 5.67 %
There were 28 other index-included issues trading in excess of 10,000 shares.
Wide Spread Highlights
Issue Index Quote Data and Yield Notes
VNR.PR.A FixedReset Disc Quote: 22.57 – 23.18
Spot Rate : 0.6100
Average : 0.4020

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 22.11
Evaluated at bid price : 22.57
Bid-YTW : 5.15 %

IFC.PR.F Deemed-Retractible Quote: 23.68 – 24.20
Spot Rate : 0.5200
Average : 0.3773

YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 23.68
Bid-YTW : 6.13 %

MFC.PR.Q FixedReset Ins Non Quote: 21.04 – 21.50
Spot Rate : 0.4600
Average : 0.3248

YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 21.04
Bid-YTW : 6.58 %

BAM.PF.B FixedReset Disc Quote: 18.92 – 19.44
Spot Rate : 0.5200
Average : 0.3987

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 18.92
Evaluated at bid price : 18.92
Bid-YTW : 5.96 %

TRP.PR.H FloatingReset Quote: 12.80 – 13.30
Spot Rate : 0.5000
Average : 0.3969

YTW SCENARIO
Maturity Type : Limit Maturity
Maturity Date : 2049-03-05
Maturity Price : 12.80
Evaluated at bid price : 12.80
Bid-YTW : 5.76 %

MFC.PR.B Deemed-Retractible Quote: 21.26 – 21.58
Spot Rate : 0.3200
Average : 0.2204

YTW SCENARIO
Maturity Type : Hard Maturity
Maturity Date : 2030-01-31
Maturity Price : 25.00
Evaluated at bid price : 21.26
Bid-YTW : 6.61 %

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