Bond TD Bank 0% ( US89114RDQ65 ) in USD
Issuer | TD Bank |
Market price | 78.4 % ▼ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 03/03/2021 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 6 040 000 USD |
Cusip | 89114RDQ6 |
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 analysis details a specific, fully matured bond issued by Toronto-Dominion Bank, a leading multinational banking and financial services corporation headquartered in Canada, recognized as one of the largest banks in North America providing a comprehensive range of retail, commercial, and investment banking services globally. Identified by ISIN US89114RDQ65 and CUSIP 89114RDQ6, this USD-denominated bond was notable for its zero-coupon structure, indicated by an interest rate of 0%, meaning investors did not receive periodic interest payments but rather purchased the bond at a discount and received its face value upon maturity. With a total issue size of $6,040,000 and a minimum purchase size set at $1,000, this Canadian-issued debt instrument was historically traded at a market price of 78.4% before its maturity date of March 3, 2021. Despite a listed payment frequency of 2, consistent with its zero-coupon nature, no semi-annual coupon distributions occurred, with the entire principal amount becoming payable at the singular maturity event. As of the current date, this obligation has successfully reached its maturity and has been fully redeemed, concluding its lifecycle within the financial markets. |