Canada’s best investment bank for DCM 2025: TD Securities

TD Securities has firmly established itself as a premier force in Canada’s debt capital markets, demonstrating consistent leadership through superior execution and deep market expertise. In 2024, the firm ranked second in the Bloomberg Canadian DCM league tables with a 16.9% market share, closely trailing the top spot and outperforming several major competitors. 

TD Securities led or co-led over C$121 billion ($88 billion) in public government issuance and more than C$51 billion in domestic corporate debt transactions throughout the year. Its marquee deals included a C$8 billion multi-tranche sovereign bond, a C$7.15 billion corporate bond offering, and multiple green bond issuances, such as a C$1 billion 2054 maturity and a C$4 billion 2034 maturity – underscoring its growing role in sustainable finance. 

Its ability to lead complex, large-scale transactions across sectors reflects its trusted adviser status among issuers

With a global presence spanning Toronto, New York, London, Tokyo, Dublin and Singapore, TD Securities combines international reach with local insight to deliver tailored financing solutions. Its ability to lead complex, large-scale transactions across sectors – from infrastructure to financial institutions – reflects its trusted adviser status among issuers.