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Published on 3/26/2020 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

DBRS assigns AAA to TD bonds

DBRS said it assigned a rating of AAA to the covered bonds, series CBL29 (Series CBL29) issued under The Toronto-Dominion Bank global legislative covered bond program. The series CBL29 (€1 billion) covered bonds have a coupon rate of 0.25% and a maturity date of March 26, 2024. All covered bonds issued under the program rank pari passu with each other and are currently rated AAA by DBRS.


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