TD Bank launches tap to its September 2018 Kangaroo

On 7 September, Toronto Dominion Bank (TD Bank) (AA-/Aa2) launched a minimum A$150 million (US$120.1 million) increase to its September 2018 floating-rate Kangaroo bond The forthcoming tap issue is being marketed in the area of 30 basis points over three-month bank bills and is expected to price on the same day as launch, according to sole lead TD Securities.