Silver bromide is moderately light sensitive, so by bleaching in room light all the silver bromide formed gets light stuck, and thus will develop in the next stage, when the bleached print is introduced to a developer/toner.
As far as I know, light sensitivity has nothing to do with toning (or at least very little), I am pretty sure you can tone in complete darkness. It is just a chemical (redox) reaction in which the available silver cation (Ag+) formed during the bleaching, reacts with the redeveloper to form another substance (e.g. Ag2S in case of sepia type redeveloper).
A good document on some of the chemistry behind toners is here:
http://www.woelen.nl/photo/toner.pdf
It is about an uncommon Vanadium toner, but it discusses metal ferrocyanide toning chemistry as well, see the section "Chemistry of the toner" starting at page 8.
By the way, reading that document, Wilco refers to the possibility to have a bleach without a halogenide in it, so just ferricyanide, as in that case all of the silver is converted to a silverferri/ferrocyanide complex, which is a very yellow light to almost colorless complex. With bromide in it, a big part of the silver complexes to AgBr too.
I am not sure how well or at all it will redevelop though, and if it has any bleaching speed. However, it is interesting that the formation of silverferri/ferrocyanide complex during bleaching is often ignored in discussions here on APUG and the net. Most people just think AgBr is formed, and nothing else. However, if you've ever dumped a fully bleached print in fixer, you will notice that actually not all of the very lightly colored image is removed, as it
would in case it was simply all AgBr! The latter is what fixing is based on as we all know. The remaining stuff is the silverferri/ferrocyanide complex, which is pretty stable by itself and a substance a bit similar to the prussian blue of cyanotypes. In fact, I think you can keep such a "bleached but fixed" print almost indefinetely. Here is an example that I - funny coincidence - posted yesterday:
(there was a url link here which no longer exists)
Of course, in this particular example, I did no full bleaching to retain some of the blacks, but the yellowish tone is from the remaining silverferri/ferrocyanide complex. The image was deliberately quite heavily overprinted before the bleaching, so as to have quite a lot of that light colored stuff formed and to remain in the print after the fixing.
Marco