TD takes £1bn 'at pace' with Canada’s first Sonia-linked covered bond
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Covered Bonds

TD takes £1bn 'at pace' with Canada’s first Sonia-linked covered bond

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Toronto Dominion Bank has become only the second borrower from outside of the UK to sell a Sonia-linked covered bond, having quickly met enough orders on Monday to launch a £1bn offering in the sterling market.

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