TD Bank launches benchmark bail-in Kangaroo deal
- Wednesday, 03 July 2019
On 3 July, Toronto-Dominion Bank (TD Bank) (AA-/Aa1) launched its inaugural bail-inable Australian dollar denominated, five-year, senior Kangaroo benchmark transaction. The deal is being offered in either or both of fixed- and floating-rate formats and has initial price guidance of 105 basis points area over swap benchmarks.
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