Company: TDBCP
Filing Date: 2025-07-09
Form Type: 424B3
Source: 0001140361-25-025328
Chunk: 16

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-09
Form: 424B3
Chunk 16
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 affect 
 the value of, and any amounts payable on, your securities.                                                                                                                                                                                      |

| ◾ | Governmental regulatory actions, such as sanctions, could adversely affect your investment in the Securities.Governmental regulatory actions, including, without limitation, sanctions-related                                      
 actions by the U.S. or a foreign government, could prohibit or otherwise restrict persons from holding the securities or the index constituent stocks of the EURO STOXX 50®Index, or engaging in transactions therein, and any such 
 action could adversely affect the value of the EURO STOXX 50®Index or the securities. These regulatory actions could result in restrictions on the securities and could result in the loss of a significant portion or all of your  
 investment in the securities, including if you are forced to divest the securities due to the government mandates, especially if such divestment must be made at a time when the value of the securities has declined.              |

| June 2025 | Page11 |

| $5,050,000 Enhanced Trigger Jump Securities with Auto-Callable Feature due July 1, 2027               
 Based on the Worst Performing of the Nasdaq-100 Index®, the S&P 500®Index and the EURO STOXX 50®Index 
 Principal at Risk Securities                                                                          |

Risks Relating to Estimated Value and Liquidity

| ◾ | The estimated value of your securities is less than the public offering price of your securities.The estimated value of your securities is less than the public offering price of your securities.                                           
 The difference between the public offering price of your securities and the estimated value of the securities reflects costs and expected profits associated with selling and structuring the securities, as well as hedging our obligations 
 under the securities. Because hedging our obligations entails risks and may be influenced by market forces beyond our control, this hedging may result in a profit that is more or less than expected, or a loss.                            |

| ◾ | The estimated value of your securities is based on our internal funding rate.The estimated value of your securities is determined by reference to our internal funding rate. The internal funding                                                
 rate used in the determination of the estimated value of the securities generally represents a discount from the credit spreads for our conventional, fixed-rate debt securities and the borrowing rate we would pay for our conventional,       
 fixed-rate debt securities. This discount is based on, among other things, our view of the funding value of the securities as well as the higher issuance, operational and ongoing liability management costs of the securities in