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Email this1:27 pm
February 14, 2023
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new today 5.00% CAD
9:10 am
November 3, 2022
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kesa said
new today 5.00% CAD
There does not seem to be any step up in this Step-Up note. 5% in year one, and 5% in year two, if they don't call the note. Is that really a step up?
11:01 am
March 30, 2017
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Rail Baron said
There does not seem to be any step up in this Step-Up note. 5% in year one, and 5% in year two, if they don't call the note. Is that really a step up?
Its extendible, which is legally different from callable, even tho the economics are the same if it ends up being 2y total term anyway 🙂
Its a step up in term not rates. they should have done it as 4.95% extendable 5.05% year2. That makes it look optically better from a step up perspective.
11:06 am
February 14, 2023
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this offer is now gone.
11:28 am
November 3, 2022
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kesa said
this offer is now gone.
I guess TD stepped out of this step-up note, which did not include any step up. 
4:23 pm
September 30, 2017
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I suspect they are gone when it's sold out. The previous US issue was gone before the settlement date as well.
4:15 pm
February 14, 2023
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new today $CAD 5.02%. A 1-year extendible senior note paying coupons semi-annually, extendible semi-annually at TD’s option to a maximum term of 5 years (the “Notes”).
2:11 pm
September 30, 2017
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New Issues under Trading on TDDI - TD Bank *Semi-Annual Pay* Step Up Extendible Notes June 2, 2024 to June 2, 2028
| Year | Rate |
|---|---|
| 1 | 5.20% |
| 2 | 5.35% |
| 3 | 5.50% |
| 4 | 5.65% |
| 5 | 6.00% |
Settlement date June 2, 2023
2:18 pm
February 14, 2023
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Trying to buy this last issue.
11:59 am
May 24, 2023
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I don't have the prospectus but wondering how a non extension is handled? Is it a cash out on the particular date or does TD force you into a GIC for the remainder of the 5 year period?
6:08 am
April 6, 2013
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The detailed info about their notes, including their interest rate notes, is at TD Structured notes.
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