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via finance.yahoo.comEconomy

TD Canada Trust raises TD Prime Rate by 25 basis points to 4.70%

FROM THE WIRE · FINANCE.YAHOO.COM

TORONTO, Oct. 28, 2026 /CNW/ - TD Canada Trust today announced that it has increased its TD Prime Rate by 25 basis points to 4.70%, effective October 29, 2026. About TD Bank Group The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA prime rate hike by a major Canadian bank signals higher rates and can support bank margins.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01TD Canada Trust raised its TD Prime Rate by 25 basis points to 4.70%.
  2. 02The change takes effect October 29, 2026.
  3. 03TD Bank Group is the sixth largest bank in North America by assets.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
The Toronto-Dominion BankTDStock126.46 USDMarket closedtoday +0.54%Positive TORONTO-DOMINION BKTDB.MUStock112.47 EURMarket closedtoday +0.21%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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