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Toronto Dominion Bank plans 7-year euro bond -lead

Wed May 7, 2008 3:20am EDT

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LONDON, May 7 (Reuters) - Canada's Toronto Dominion Bank (TD.TO) plans to issue a 7-year euro benchmark bond, an official at one of the banks managing the sale said on Wednesday.

Guidance on the bond has been set at mid-swaps plus 105 basis points, the official said.

Barclays, Deutsche Bank and TD Securities are managing the sale.

Toronto Dominion Bank is rated Aaa by Moody's Investors Service and AA- by both Standard & Poor's and Fitch Ratings.

(Reporting by Richard Barley)



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