Bond TD Bank 3% ( US89114QU221 ) in USD

Issuer	TD Bank
Market price	100 % ⇌
Country	Canada
ISIN code	US89114QU221 ( in USD )
Interest rate	3% per year ( payment 2 times a year)
Maturity	14/06/2025 - Bond has expired
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Minimal amount	1 000 USD
Total amount	/
Cusip	89114QU22
Standard & Poor's ( S&P ) rating	A- ( Upper medium grade - Investment-grade )
Detailed description	Toronto-Dominion Bank (TD Bank) is a multinational banking and financial services corporation headquartered in Toronto, Canada, offering a wide range of financial products and services to personal and commercial customers globally. This financial article details a specific bond issuance from the Toronto-Dominion Bank, a prominent Canadian multinational banking and financial services corporation headquartered in Toronto, which stands as one of Canada's largest banks by market capitalization and a significant player in the North American financial sector, offering a wide range of retail, commercial, and wholesale banking services globally. The bond, identified by ISIN US89114QU221 and CUSIP 89114QU22, was issued in Canada and denominated in USD, carrying a coupon interest rate of 3% with semi-annual payment frequency. While it was once actively traded with a typical market price around 100% of its face value, reflecting its par redemption, this particular debt instrument matured on June 14, 2025, and has since been fully repaid to its holders, as confirmed by its redemption status. With a minimum purchase size set at 1,000 units, the bond provided a structured investment opportunity. Prior to its maturity and repayment, the Toronto-Dominion Bank's creditworthiness, in relation to this issuance, was assessed by Standard & Poor's (S&P) and assigned a rating of A-, reflecting a strong capacity to meet financial commitments, albeit susceptible to adverse economic conditions and changes in circumstances.