Investor Relations

Debt Information


Sustainable Financing Instruments

Key Information


Green, social and sustainability financing instruments (collectively "Sustainable Financing Instruments") are one way of facilitating the flow of capital to the sustainable debt market.


Issuing

$3.7 billion

TD Bank has issued one sustainability and four green bonds to date.

In 2014, we issued a C$500 million green bond that was the first from a Canadian commercial bank.

In 2017, we published our inaugural TD Green Bond Framework and issued a US$1 billion green bond that was upsized from US$500 million.

In 2020, we released our Sustainable Bonds Framework and issued a US$500 million sustainability bond which was upsized from US$300 million, and was the first-ever sustainability bond in SOFR format.

In 2021, we issued a US$500 million green bond under the Sustainable Bonds Framework through a syndicate of underwriters that included minority-, women-, and veteran-owned business enterprises.

In 2023, we issued a US$500 million green bond under the Sustainable Bonds Framework. This was awarded by Environmental Finance for "Green bond of the year – financial institution (2024) ".


TD Securities is an active member of the Green Bond Principles (GBP), the Social Bond Principles (SBP), and the Sustainability Bond Guidelines (SBG) and is a participant in a number of International Capital Market Association (ICMA) working groups.

TD has prepared its Sustainable Financing Framework in line with the ICMA GBP, SBP and SBG. ICMA provides internationally recognized standards which outlines best practices when issuing financing instruments serving social and/or environmental purposes through global guidelines and recommendations that promote transparency and disclosure.

TD has obtained a second party opinion on the Framework and our independent auditor, provides us with annual assurance on the allocation of proceeds.


Learn more about our program

Browse our document library below, read our latest Sustainability Report, or contact your TD Securities representative for more information.

TD Sustainable Financing Issuance Overview

Issue date

Coupon

Amount

Maturity

Issuer entity

ISIN US89115A2V36

December 11, 2023

5.26%

US$500,000,000

December 11, 2026

The Toronto-Dominion Bank

ISIN US89114TZK14

December 8, 2021

1.25%

USD$500,000,000

December 13, 2024

The Toronto-Dominion Bank

ISIN US89114QCL05

September 23, 2020

SOFR +45bps

USD$500,000,000

September 28, 2023

The Toronto-Dominion Bank

ISIN US89114QBT40

September 7, 2017

1.850%

USD$1,000,000,000

September 11, 2020

The Toronto-Dominion Bank

ISIN CA891145N340

March 28, 2014

1.824%

CAD$500,000,000

April 3, 2017

The Toronto-Dominion Bank

TD Sustainable Financing Program

Frameworks

Report

TD Sustainable Financing Framework (2024)

PDF

TD Sustainable Bonds Framework (2020)

PDF

TD Green Bond Framework (2017)

PDF

Second party opinion

Report

TD Bank Group Second Party Opinion – Sustainable Financing Framework (2024)

PDF

TD Bank Group Sustainable Bonds Framework (2020) DNV GL Eligibility Assessment

PDF

TD Bank Group Green Bond Framework (2017) DNV GL Eligibility Assessment

PDF

Investor presentations and term sheets

Term Sheet

TD Green Bond (2023) Term Sheet

PDF

TD Green Bond (2021) Term Sheet

PDF

TD Sustainable Bond (2020) Term Sheet

PDF

TD Green Bond (2017) Term Sheet

PDF

TD Green Bond (2014) Term Sheet

PDF

Use of Proceeds

Report

TD Green Bond (2021) Issuance – Use of Proceeds 2023

PDF

TD Sustainable Bond (2020) Issuance – Use of Proceeds 2022

PDF

TD Green Bond (2021) Issuance – Use of Proceeds 2022

PDF

TD Sustainable Bond (2020) Issuance - Use of Proceeds 2021

PDF

TD Sustainable Bond (2020) Issuance - Use of Proceeds 2020

PDF

TD Green Bond (2017) Issuance - Use of Proceeds 2020

PDF

TD Green Bond (2017) Issuance – Use of Proceeds 2019

PDF

TD Green Bond (2017) Issuance – Use of Proceeds 2018

PDF

TD Green Bond (2017) Issuance – Use of Proceeds 2017

PDF

TD Green Bond (2014) Issuance – Use of Proceeds 2017

PDF

TD Green Bond (2014) Issuance – Use of Proceeds 2016

PDF

TD Green Bond (2014) Issuance – Use of Proceeds 2015

PDF

External reviews

Statement

TD Green Bond (2021) EY Assurance statement 2023

PDF

TD Sustainable Bond (2020) EY Assurance Statement 2022

PDF

TD Green Bond (2021) EY Assurance statement 2022

PDF

TD Sustainable Bond (2020) EY Assurance Statement 2021

PDF

TD Green Bond (2017) EY Assurance Statement 2020

PDF

TD Sustainable Bond (2020) EY Assurance Statement 2021

PDF

TD Green Bond (2017) EY Assurance Statement 2019

PDF

TD Green Bond (2017) EY Assurance Statement 2018

PDF

TD Green Bond (2017) EY Assurance Statement 2017

PDF

TD Green Bond (2014) EY Assurance Statement 2017

PDF

TD Green Bond (2014) EY Assurance Statement 2016

PDF

TD Green Bond (2014) EY Assurance Statement 2015

PDF

TD Green Bond (2014) EY Assurance Statement 2014

PDF

Alternate format documents: Customers can request documents in a variety of alternate formats including Braille, large print, e-text, accessible PDFs or audio CDs. To request this service, call 1-800-831-1158 or visit your nearest branch.


Learn more about debt information at TD