TD hits threes with third Canadian dollar covered bond of the year

By Bill Thornhill
08 Jul 2019

Toronto Dominion opened order books on Monday for the third dollar benchmark covered bond from a Canadian issuer this year and, like the others, it has also chosen to issue a three year.

Order books were opened at the start of the European session on Monday for the benchmark dollar covered bond, with price guidance of 30bp over mid-swaps. Joint leads on the deal are TD Securities, Citi, BMO Capital Markets,ING and National Australia Bank. ...

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