Subordinated Notes and Debentures	6 Months Ended
Apr. 30, 2024
Subordinated Notes and Debentures [Abstract]
Subordinated Notes and Debentures	NOTE 12: SUBORDINATED NOTES AND DEBENTURES Issues On April 9, 2024, the Bank issued $ 1.75 billion of non-viability contingent capital (NVCC) medium-term notes constituting subordinated indebtedness of the Bank (the “Notes”), maturing on April 9, 2034. The Notes will bear interest at a fixed rate of 5.177 % per annum (paid semi-annually) until April 9, 2029, and at Daily Compounded Canadian Overnight Repo Rate Average plus 1.53 % thereafter (paid quarterly) until maturity on April 9, 2034. With the prior approval of OSFI, the Bank may, at its option, redeem the Notes on or after April 9, 2029, in whole or in part, at par plus accrued and unpaid interest by giving not more than 60 nor less than 10 days’ notice to holders.

Subordinated Notes and Debentures

6 Months Ended

Apr. 30, 2024

NOTE 12: SUBORDINATED NOTES AND DEBENTURES

Issues

On April 9, 2024, the Bank issued $

1.75

billion of non-viability contingent capital

(NVCC) medium-term notes constituting

subordinated indebtedness of the Bank

(the “Notes”), maturing on April 9, 2034.

The Notes will bear interest at a fixed rate of

5.177

% per annum (paid semi-annually) until

April 9, 2029, and at

Daily

Compounded Canadian Overnight Repo Rate Average

plus

1.53

% thereafter (paid quarterly) until maturity

on April 9, 2034. With the prior approval

of OSFI, the

Bank may, at its option, redeem the Notes on or after April 9, 2029,

in whole or in part, at par plus accrued and unpaid

interest by giving not more than

nor less

than

days’ notice to holders.