TD Resets C$1.75B LRCNs Rate to 6.281%
The five-year rate on TD’s C$1.75 billion 3.600% LRCNs Series 1 is 6.281% from Oct. 31, 2026, to Oct. 30, 2031, based on the Government of Canada yield plus 2.747%. Interest remains semi-annual; the first payment is Apr. 30, 2027. The notes are redeemable from Oct. 31, 2031, subject to approvals.