Best Case
If: Underlier rises above autocall level (110%)
Then: Principal + coupons earned to date
TD Canada Pipelines AR 145 Index-Linked Autocallable Coupon Notes (USD), Series 3438
Auto Callable Coupon Active
Identification
- Fundserv Code
- TDN7216
- CUSIP
- 89127ZMV2
- Issuer
- TD Securities
- Currency
- USD
- Product Type
- PAR
- A/F Class
- A
Structure & Return
- Structure
- Auto Callable Coupon
- Investment Objective
- Income
- Coupon Rate
- 7.20%
- Pay Frequency
- Monthly
- Coupon Knock-Out
- -40.0%
- Autocall Levels
- 110%
- Coupon Schedule
Periods Rate 1–84 0.60%
Downside Protection
- Downside Type
- Barrier
- Downside Level
- -40%
Underlier
- Name
- Solactive Canada Pipelines AR 145 Index
- Sector
- Energy
- Geography
- Canada
Dates & Fees
- Term
- 7.0y
- Issue Date
- 09-Jul-26
- Maturity Date
- 15-Jul-33
- Avail. Until
- 08-Jul-26
- Sales Commission
- 2.50%
Early Trading Fee
| Period | Fee |
|---|---|
| Days 0–45 | 4.00% |
| Days 46–90 | 3.00% |
| Days 91–135 | 2.00% |
| Days 136–170 | 1.00% |
Documents
Payoff Scenarios
Base Case
If: Underlier declines but stays above barrier (-40%) at maturity; coupons paid when above threshold
Then: Principal + partial/full coupons (up to 50.4% total)
Worst Case
If: Underlier falls below barrier (-40%) at maturity
Then: Principal × (1 + underlier return)
For illustrative purposes only. These scenarios are hypothetical and do not represent actual or expected performance. The information presented is derived from publicly available data and may contain errors or omissions. Investors should review the official pricing supplement and offering documentation before making any investment decisions.
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