Company: TDBCP
Filing Date: 2025-09-12
Form Type: 424B5
Source: 0001193125-25-201820
Chunk: 186

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-12
Form: 424B5
Chunk 186
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Additional rules applicable to original issue discount debt securities that are denominated in or determined by reference to a currency or
currencies other than the U.S. dollar are described under “—Foreign Currency Debt Securities” below.

A debt security
with an “issue price” that is less than its “stated redemption price at maturity” (the sum of all payments to be made on the debt security other than “qualified stated interest”) will be issued with OID in an
amount equal to such difference unless such difference is de minimis (generally, less than 0.25 percent of the stated redemption price at maturity multiplied by the number of complete years to maturity). The “issue price” of each
debt security in a particular offering will be the first price at which a substantial amount of that particular offering is sold for cash (other than to an underwriter, broker, placement agent or wholesaler).

The term “qualified stated interest” means stated interest that is unconditionally payable in cash or in property (other than debt
instruments of the issuer) at least annually at a single fixed rate or, subject to certain conditions, a rate based on one or more interest indices. Interest is payable at a single fixed rate only if the rate appropriately takes into account the
length of the interval between payments. Notice will be given in the applicable supplement when the Bank determines that a particular debt security will bear interest that is not qualified stated interest.

In the case of a debt security issued with de minimis OID, the U.S. Holder generally must include such de minimis OID in income as stated
principal payments on the debt securities are made in proportion to the stated

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principal amount of the debt security unless the holder makes an election to treat all interest as OID as further described below. Any amount of de minimis OID that has been included in income
shall be treated as capital gain and be considered U.S.-source.

Certain of the debt securities may be redeemed prior to their stated
maturity date (as specified in the applicable supplement) at the option of the Bank and/or at the option of the holder. Original issue discount debt securities containing such features may be subject to rules that differ from the general rules
discussed herein. Persons considering the purchase of original issue discount debt securities with such features should carefully examine the applicable supplement and should consult their own tax advisors with respect to such features since the tax
consequences with respect to OID will depend, in part, on the particular terms and features of the debt securities.