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Market Chatter: TD Bank Mulls Rare SRT to Hedge Data Center Exposure

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Toronto-Dominion Bank (TD) is considering a rare type of significant risk transfer to hedge against current and future data center debt, Bloomberg reported Wednesday, citing people familiar with the matter.

The reference portfolio's initial size is about $1 billion, and the potential transaction would include a forward-flow arrangement that would allow it to increase the size of the SRT over time, the report said, citing the people.

TD Bank didn't immediately reply to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $105.25, Change: $-0.10, Percent Change: -0.09%

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