Bonds

Click Here to Read Original PDF

We haven't seen a Bond with a yield like this available for some time!

 

TD Bond January 27, 2027 Current Yield 5%*

(*Yield as of June 29t , 2022 and subject to change)

We haven't seen a Bond with a yield like this available for some time!

We like a good bond: with an independent income provided by an issuer that inspires confidence, but they have been very hard to find lately. Here, not only does the TD Bank offer a healthy yield, but the maturity date is far enough out that one may count on that income for some good time, until 2027, and the value at maturity is guaranteed by the issuer.

TD guarantees that maturity value to the holder of that bond: you, the individual client. The Market seems to be offering the canny investor a gift ...it almost feels like a step back in time!

 

          Example: a TD Bond FF 2027 purchased today : $50,000 Face Value (Maturity Amount) Cost: $46,912 Yield: 5%

          Cash Flow - $1530 / year or $765 every Jan/July *as of June 29th 10AM and subject to change

          Interest accrues daily and is paid out semi-annually in January & July The bonds can be bought and sold on any business day.

 

This is interesting! Let’s talk about it. For immediate attention and more details, contact us at: 905 897 5212

 

 

^{You should know: The opinions, estimates and projections contained herein are those of the author as of the date hereof and are subject to change without notice and may not reflect those of BMO Nesbitt Burns Inc. ("BMO NBI"). Every effort has been made to ensure that the contents have been compiled or derived from sources believed to be reliable and contain information and opinions that are accurate and complete. Information may be available to BMO NBI or its affiliates that is not reflected herein. However, neither the author nor BMO NBI makes any representation or warranty, express or implied, in respect thereof, takes any responsibility for any errors or omissions which may be contained herein or accepts any liability whatsoever for any loss arising from any use of or reliance on this report or its contents. This report is not to be construed as an offer to sell or a solicitation for or an offer to buy any securities. BMO NBI, its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities mentioned herein as principal or agent. BMO NBI -will buy from or sell to customers securities of issuers mentioned herein on a principal basis. BMO NBI, its affiliates, officers, directors or employees may have a long or short position in the securities discussed herein, related securities or in options, futures or other derivative instruments based thereon. BMO NBI or its affiliates may act as financial advisor and/or underwriter for the issuers mentioned herein and may receive remuneration for same. A significant lending relationship may exist between Bank of Montreal, or its affiliates, and certain of the issuers mentioned herein. BMO NBI is a wholly owned subsidiary of Bank of Montreal. Any U.S. person wishing to effect transactions in any security discussed herein should do so through BMO Nesbitt Burns Corp. Member-Canadian Investor Protection Fund.}