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Debt Information

What's New


On September 5, 2018, TD announced a domestic public offering of $1.75 billion of medium term notes constituting subordinated indebtedness of the Bank.

Click here for: Press Release

On June 1, 2018, TD announced that it intends to exercise its right to redeem on July 9, 2018, all of its outstanding $650 million 5.828% subordinated debentures due July 9, 2023, at a redemption price of 100 per cent of the principal amount, plus accrued and unpaid interest.

Click here for: Press Release

Overview

Senior Debt Program

Program allowing TD to issue senior debt securities in one or more series which constitute unsecured and unsubordinated obligations and will constitute deposit liabilities which will rank pari passu in right of payment with all of TD's deposit liabilities.

TD Green Bonds

Green Bonds are senior medium term notes where proceeds are allocated to projects that contribute to the low carbon economy.

Subordinated Notes

Unsecured obligations of TD that will constitute subordinated indebtedness which will rank at least equally with other subordinated indebtedness of TD.

Legislative Covered Bonds

Programme registered in the registry established by the Canada Mortgage and Housing Corporation in accordance with the covered bond legislative framework established pursuant to the National Housing Act (Canada), pursuant to which TD may issue legislative covered bonds (the "Legislative Covered Bonds”). The Legislative Covered Bonds are senior, unsecured and unconditional obligations of TD and constitute deposit liabilities, which will rank pari passu in right of payment with all of TD's deposit liabilities.

Payments of interest and principal under the Legislative Covered Bonds are guaranteed by TD Covered Bond (Legislative) Guarantor Limited Partnership (the "Guarantor") and will be secured by the assets of the Guarantor, including a portfolio of residential mortgage loans originated by TD and sold by TD to the Guarantor.

Credit Ratings

Summary of the current credit ratings for TD and its subsidiaries.

(Please note that many of the documents are available in PDF format and require Acrobat Reader.)