Company: TDBCP
Filing Date: 2025-01-16
Form Type: 424B2
Source: 0001140361-25-001252
Chunk: 15

Company: TORONTO DOMINION BANK
Filing Date: 2025-01-16
Form: 424B2
Chunk 15
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 count fraction calculated in accordance with the Day Count Fraction. The Interest Rate with respect to an Interest Period is equal to the sum of the “Interest Rate”, or “Compounded SOFR”, plus the Spread, subject to the Interest Floor. “Compounded SOFR” will be computed as follows: “ d 0”, is the number of U.S. Government Securities Business Days in the applicable Interest Period. “ i” is a series of whole numbers from one to d 0, each representing the relevant U.S. Government Securities Business Days in chronological order from, and including, the first U.S. Government Securities Business Day in the applicable Interest Period. “ SOFRi”, for any U.S. Government Securities Business Day “i” in an Interest Period, is a reference rate equal to SOFR in respect of that day. “ ni” is the number of calendar days in the applicable Interest Period from, and including, the U.S. Government Securities Business Day “i” to, but excluding, the following U.S. Government Securities Business Day. “ d” is the number of calendar days in the applicable Interest Period.

| TD SECURITIES (USA) LLC | P-11 |

SOFR Historical Information We obtained the information regarding the historical performance of SOFR below from Bloomberg Professional ®service (“Bloomberg”). We make no representation or warranty as to the accuracy or completeness of the information obtained from Bloomberg and have not undertaken an independent review or due diligence of the information. The historical performance of SOFR should not be taken as an indication of its future performance. SOFR has limited historical information available and, accordingly, an investment in notes based on that rate may involve greater risk than an investment in notes based on a more conventional reference interest rate or a rate with a more established record of performance. Additionally, SOFR has experienced significant fluctuations. Any historical upward or downward trend during any period shown below is not an indication that the interest payable on the Notes during Interest Period is more or less likely to increase or decrease at any time. On January 10, 2025, SOFR was 4.30%. The graph below sets forth the historical performance of SOFR from April 2, 2018 through January 10, 2025. Past performance is not indicative of future performance.

| TD SECURITIES (USA) LLC | P-12 |

Material U.S. Federal Income Tax Consequences GeneralThe following discussion summarizes certain U.S. federal income tax consequences to U.S. Holders of the purchase, beneficial