Bond Toronto-Dominion Bank 1.25% ( US89114TZK14 ) in USD
| Issuer | Toronto-Dominion Bank | ||||||||||
| Market price | 94.53 % ▼ | ||||||||||
| Country | Canada
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| ISIN code |
US89114TZK14 ( in USD )
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| Interest rate | 1.25% per year ( payment 2 times a year) | ||||||||||
| Maturity | 13/12/2024 - Bond has expired | ||||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 2 000 USD | ||||||||||
| Total amount | 500 000 000 USD | ||||||||||
| Cusip | 89114TZK1 | ||||||||||
| Standard & Poor's ( S&P ) rating | A ( Upper medium grade - Investment-grade ) | ||||||||||
| Moody's rating | A1 ( 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. A fixed-income security, specifically a bond identified by ISIN US89114TZK14 and CUSIP 89114TZK1, issued by the Toronto-Dominion Bank, has successfully completed its lifecycle, having matured and been fully redeemed on December 13, 2024. The Toronto-Dominion Bank, a prominent Canadian multinational banking and financial services corporation headquartered in Toronto, Canada, served as the issuer of this particular bond. As one of Canada's 'Big Five' banks, TD Bank maintains a significant presence across North America and globally, offering a wide array of retail, commercial, and wholesale banking services, thereby establishing a strong foundation for its debt obligations. This bond, denominated in US Dollars (USD), carried an annual interest rate of 1.25%, with interest payments distributed semi-annually (frequency of 2). The total issuance size for this security was USD 500,000,000, with a minimum purchase size set at USD 2,000. Upon its maturity, the bond was fully redeemed at 100% of its par value, confirming the successful return of principal to investors. Reflecting the issuer's strong financial health and creditworthiness, the bond was assigned an 'A' rating by Standard & Poor's (S&P) and an 'A1' rating by Moody's, underscoring the Toronto-Dominion Bank's robust financial standing and its consistent capacity to meet its financial commitments. |
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