In 2023, Toronto-Dominion Bank (TD Bank) experienced a decline in the value of underwritten green, social, and sustainability (GSS) bonds compared to 2021. The value of GSS bonds reached a peak of 33 billion Canadian dollars in 2021, marking an increase of nearly 30 billion Canadian dollars from 2018. Conversely, this value declined by almost half in 2023, amounting to 17.3 billion Canadian dollars.
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