Company: TDBCP
Filing Date: 2025-10-24
Form Type: 424B2
Source: 0001140361-25-039273
Chunk: 2

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-24
Form: 424B2
Chunk 2
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 the terms and risks of your investment. See “Additional Risk Factors” beginning on page P-7 of this pricing supplement.

Neither the U.S. Securities and Exchange Commission nor any state securities commission has approved or disapproved of these notes or determined that this pricing supplement, the
    product supplement, the underlier supplement or the prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

The initial estimated value of the notes at the time the terms of your notes were set on the pricing date was $992.40 per $1,000 principal amount, which is less than the public offering price listed below. See “Additional Information Regarding the Estimated Value of the Notes” on the following page and “Additional Risk Factors” beginning on page P-7 of this document for additional
    information. The actual value of your notes at any time will reflect many factors and cannot be predicted with accuracy.**

|          | Public Offering Price | Underwriting Discount1 | Proceeds to TD1 |
| Per Note |             $1,000.00 |                  $0.00 |       $1,000.00 |
| Total    |         $9,468,000.00 |                  $0.00 |   $9,468,000.00 |

1 See “Supplemental Plan of Distribution (Conflicts of Interest)” herein.

TD Securities (USA) LLC

<div align='center'>Pricing Supplement dated October 22, 2025</div>

P-1

**The public offering price, underwriting discount and proceeds to TD listed above relate to the notes we issue initially. We may decide to sell additional notes after the date of this
    pricing supplement, at public offering prices and with underwriting discounts and proceeds to TD that differ from the amounts set forth above. The return (whether positive or negative) on your investment in the notes will depend in part on the public
    offering price you pay for such notes.

We, TD Securities (USA) LLC (“TDS”) or any of our affiliates, may use this pricing supplement in the initial sale of the notes. In addition, we, TDS or any of our affiliates may use
    this pricing supplement in a market-making transaction in a note after its initial sale. Unless we, TDS or any of our affiliates informs the purchaser otherwise in the confirmation of sale, this pricing supplement will be used in a market-making transaction.

Additional Information Regarding the Estimated Value of the Notes

The final terms for the Notes were