Every 424B that MicroSectors -3x Short Artificial Intelligence (AI) ETNs (AIQD) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow AIQD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AIQD filings page.
Bank of Montreal priced a preliminary offering of structured senior medium-term notes (Series K) linked to the lowest performing share of Apple Inc., Amazon.com, Inc. and Oracle Corporation. The securities have an original offering price of $1,000 per security, an estimated initial value of $963.50 per security (not less than $910.00 at pricing), a minimum contingent coupon rate of 20.95% per annum, a pricing date of July 17, 2026, an issue date of July 22, 2026 and a stated maturity date of July 20, 2029.
The notes pay quarterly contingent coupons only if the lowest-performing underlier on a calculation day is at or above its coupon threshold (50% of the starting value). They are auto-callable if the lowest-performing underlier on a calculation day is at or above its starting value; otherwise maturity repayment depends on the final ending value of the lowest-performing underlier and may result in loss of principal down to zero.
Bank of Montreal priced US$1,025,000 Senior Medium-Term Notes, Series K due July 19, 2027. The notes are linked to the least performing of the S&P 500®, NASDAQ-100® and Russell 2000® and offer a 10.50% digital return if the Least Performing Reference Asset’s Final Level is ≥ 65.00% of its Initial Level.
If the Least Performing Reference Asset declines more than 35.00% from its Initial Level, investors lose 1% of principal for each 1% decline and may lose up to 100% of principal at maturity. The notes pay no interest, are unsecured obligations of Bank of Montreal, and are subject to the issuer’s credit risk.
Bank of Montreal (BMO) priced US$1,212,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons — linked to the least performing of Apple Inc. (AAPL), International Business Machines Corporation (IBM) and Amazon.com, Inc. (AMZN). The notes were priced on June 15, 2026, settle on June 18, 2026 and mature on June 18, 2029. They pay a contingent coupon of 1.25% per month (approximately 15.00% per annum) when each reference asset is at or above its coupon barrier on an Observation Date, and include a Memory Coupon Feature to pay missed coupons later if conditions are met. The notes are autocallable beginning with Observation Dates on or after December 15, 2026 if all reference assets meet the Call Level. At maturity, if a Trigger Event has occurred (the least performing reference asset is below its Trigger Level), principal is reduced by the percentage decline in that asset; otherwise investors receive full principal. The pricing supplement states an estimated initial value of $954.56 per $1,000 on the Pricing Date and discloses offering economics, tax characterization guidance, and jurisdictional distribution restrictions.
Bank of Montreal priced US$1,093,000 Senior Medium-Term Notes, Series K — autocallable barrier notes linked to UnitedHealth Group common stock (UNH). The notes pay contingent quarterly coupons of 2.525% per quarter (≈10.10% per annum) if the Reference Asset meets the Coupon Barrier on Observation Dates. The notes mature on June 18, 2029, have an Initial Level of $411.04, a Trigger Level of $267.18 (65.00% of Initial Level), and an estimated initial value of $967.54 per $1,000 on the Pricing Date.
Bank of Montreal priced US$11,072,000 Series K Senior Medium-Term Autocallable Barrier Notes linked to NVIDIA common stock. The notes price at 100% of principal, have an Initial Level of $212.45, a monthly contingent interest rate of 0.8583% (approximately 10.30% per annum), a Coupon Barrier and Trigger Level of $116.85 (55.00% of Initial Level), a Valuation Date of July 14, 2027 and a Maturity Date of July 19, 2027.
If not automatically redeemed, payment at maturity depends on NVIDIA's Final Level: holders receive $1,000 per $1,000 principal unless the Final Level is below the Trigger Level, in which case holders will receive a Physical Delivery Amount of NVIDIA shares (or a Cash Delivery Amount at the issuer's election). The estimated initial value on the Pricing Date is $975.75 per $1,000.
The Bank of Montreal is offering US$650,000 in Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons linked to the common stock of Advanced Micro Devices, Inc. The notes mature on June 18, 2029 and pay contingent quarterly coupons at 5.6125% per quarter if the Reference Asset meets coupon barriers. The notes may be automatically redeemed beginning December 15, 2026 if the Reference Asset closes at or above the call level, and principal at maturity depends on AMD's closing level relative to a 50.00% trigger barrier.
Bank of Montreal priced US$350,000 Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons due June 18, 2030, linked to the least performing of the S&P 500 (SPX), NASDAQ-100 (NDX) and Russell 2000 (RTY). The notes pay a Contingent Coupon of 0.75% per month (approximately 9.00% per annum) if each reference asset on an Observation Date is >= its Coupon Barrier (70% of Initial Level). The notes feature a Memory Coupon, monthly observation/payment dates, and an automatic redemption if, on any Observation Date beginning December 15, 2026, each Reference Asset is >= its Call Level (100% of Initial Level). At maturity, if a Trigger Event occurred (any Final Level < 60% of Initial Level), holders receive $1,000 adjusted by the Percentage Change of the least performing Reference Asset; otherwise they receive $1,000. Initial levels: SPX 7,554.29, NDX 30,543.92, RTY 2,965.087. Coupon Barrier and Trigger Levels are set at 70% and 60% of those Initial Levels. The estimated initial value on the Pricing Date was $983.99 per $1,000 principal.
Bank of Montreal priced a US$3,073,000 offering of Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due June 18, 2029. The notes pay a contingent coupon of 2.0833% per month (approximately 25.00% per annum) when each reference ETF closes at or above its coupon barrier on observation dates and are callable by the issuer beginning September 15, 2026. At maturity (if not called), principal repayment depends on the performance of the least performing of XLY and SMH; a Trigger Event occurs if a reference asset’s Final Level is below its Trigger Level, which may reduce the principal repayment below the original $1,000 per note. The estimated initial value on the pricing date was $981.67 per $1,000 principal.
Bank of Montreal (issuer) priced US$2,618,000 of Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons — due June 18, 2029. The notes pay monthly contingent coupons of 0.6333% per month (~7.60% per annum) if the Basket closes above a 70.00 coupon barrier on observation dates. The Reference Asset is an equally weighted basket of the S&P 500, NASDAQ-100 and Russell 2000. The issuer may call the notes beginning June 15, 2027 on observation dates; if not called, maturity payoff is $1,000 adjusted by the Basket's percentage change subject to a 70.00 trigger (70% of initial). The estimated initial value was $982.03 per $1,000 on the pricing date.
Bank of Montreal offers Market Linked Securities—auto-callable notes linked to the lowest performing share of ASML and Eli Lilly with a contingent quarterly coupon and a final maturity on July 5, 2029. The original offering price is $1,000 per security and the estimated initial value at pricing is $968.40 (floor $919.00).
The notes pay contingent quarterly coupons (memory feature) if the lowest performing underlier meets a coupon threshold (70% of starting value). If not auto-called, principal at maturity depends on the lowest performing underlier; falling below 70% of starting value exposes investors to more than a 30% principal loss. Pricing date is June 29, 2026; issue date is July 2, 2026.
The Bank of Montreal is offering non‑interest bearing, unsecured structured notes linked to the S&P 500® Index with a $1,000 principal amount per note. The notes feature a 140% upside participation rate, a buffer that protects against declines up to 12.50% and a capped payout with a maximum settlement amount expected between $1,232.40 and $1,273.28 per $1,000 principal. If the final index level is below the buffer (equal to 87.50% of the initial level), investors lose approximately 1.1429% of principal for each 1.00% decline below that buffer. The determination date and stated maturity are set on the trade date and are expected to fall within a 23–26 month range from the trade date. The notes are designed to be held to maturity, are not listed on an exchange, carry Bank of Montreal credit risk, and have uncertain U.S. federal tax treatment.
Bank of Montreal priced principal‑protected‑style equity‑linked notes linked to the S&P 500® Index. The offering totals $20,492,000 at an original issue price of $1,000 per note. The notes mature on September 13, 2028 (determination date September 11, 2028) and do not pay interest.
Investors receive $1,199.00 per $1,000 note at maturity only if the final index level is ≥ 85.00% of the initial level (initial level 7,554.29, threshold 6,421.1465). If the final level is below the threshold, holders lose approximately 1.1765% of principal for each 1% the final level is below the threshold and could lose some or all principal.
Bank of Montreal (issuer) priced US$1,200,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to The Estée Lauder Companies Inc. Class A common stock (ticker: EL). The notes pay contingent quarterly coupons of 3.2875% per quarter (≈13.15% per annum) if the Reference Asset closes at or above a Coupon Barrier of $44.84 (50.00% of the Initial Level). The notes are callable beginning with an Observation Date on December 15, 2026.
If not called, maturity is June 18, 2029 with payoff tied to the Final Level on the Valuation Date (June 13, 2029). If the Final Level is below the Trigger Level ($44.84), investors receive $1,000 × (1 + Percentage Change), which can be less than principal. The Pricing Date is June 12, 2026, Settlement Date June 17, 2026, and the estimated initial value was $963.71 per $1,000.
Bank of Montreal priced a Senior Medium-Term Note offering: Series K Autocallable Barrier Notes linked to the least performing of the S&P 500, NASDAQ-100 and Russell 2000. The notes have a Pricing Date of June 12, 2026, Settlement Date June 17, 2026, Valuation Date June 13, 2029 and Maturity Date June 18, 2029. The principal amount shown is $250,000 and the public offering price is 100% of principal. Contingent coupons pay 0.6542% per month (approximately 7.85% per annum) when each reference index is at or above its coupon barrier on observation dates. The notes are autocallable beginning on December 15, 2026 if each reference asset is at or above its Call Level; automatic redemption returns principal plus the contingent coupon. At maturity, if not called, payment depends on the least performing reference asset and may result in less than principal (including zero) if a Trigger Event occurs when any Final Level is below its Trigger Level (each Trigger/Barrier = 50.00% of Initial Level). The estimated initial value on the Pricing Date was $986.94 per $1,000. Investors should review the product supplement, prospectus supplement and risk sections for structure, tax and liquidity considerations.
Bank of Montreal priced US$1,215,000 of Senior Medium-Term Autocallable Barrier Notes, Series K, linked to the common stock of Amazon.com, Inc. The notes pay a contingent quarterly coupon of 3.3125% (≈13.25% per annum) if the reference stock closes at or above a coupon barrier of $166.99 on observation dates. The notes automatically redeem if the reference closes at or above the call level on an observation date; if not autocalled, maturity payment depends on Amazon’s Final Level on the Valuation Date (June 13, 2029), with a trigger at $166.99 (70% of an Initial Level of $238.55. Price to public was 100% and the estimated initial value was $972.62 per $1,000.
The Bank of Montreal (BMO) is offering US$7,800,000 principal of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons due June 18, 2029, linked to the least performing of the EURO STOXX 50®, NASDAQ-100® and Russell 2000®. Pricing Date was June 12, 2026 and Settlement Date is June 17, 2026. The notes pay a Contingent Interest Rate of 2.2625% per quarter (approximately 9.05% per annum) when each reference asset on an Observation Date is at or above its Coupon Barrier Level. The estimated initial value on the Pricing Date was $973.32 per $1,000 principal. If not auto‑redeemed, maturity payoff depends on the performance of the least performing reference asset and may result in investors receiving less than principal (payment equals $1,000 plus $1,000 times the Percentage Change of the least performing reference asset). Automatic redemption can occur if, on an Observation Date beginning December 15, 2026, each reference asset is at or above its Call Level (100% of initial level).
Bank of Montreal priced US$2,445,000 Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons linked to the least performing of Tesla, Inc. and NVIDIA Corporation. The Pricing Date is June 12, 2026, Settlement Date June 17, 2026, Valuation Date June 14, 2028 and Maturity Date June 20, 2028.
The notes pay contingent monthly coupons of 1.90% per month (approximately 22.80% per annum) — $19.00 per $1,000 — if each reference asset meets its Coupon Barrier (70% of initial). The notes feature a Memory Coupon and an automatic redemption if both reference assets close at or above their Call Level (100% of initial) on an Observation Date beginning September 16, 2026. At maturity, if a Trigger Event occurs (the Final Level of any reference asset is below its Trigger Level, 60% of initial), payment equals $1,000 x (1 + Percentage Change of least performing asset), which may be below principal.
The cover states an estimated initial value of $958.13 per $1,000. Price to public was 100% with an agent commission of 2.20% and proceeds to issuer of 97.80%.
Bank of Montreal priced a $1,000,000 offering of Senior Medium-Term Notes, Series K: Capped Buffer Enhanced Return Notes due September 16, 2027. The notes provide 115.00% upside leverage on the S&P 500® Futures Excess Return Index subject to a Maximum Redemption Amount of $1,200.00 per $1,000 principal.
The notes return principal only if the Reference Asset does not fall more than 20.00% (the Buffer Percentage). If the Reference Asset declines beyond the buffer, investors lose 1% per 1% decline beyond 20.00%, with potential loss up to 80.00% of principal. The notes pay no interest, are unsecured obligations of the Bank, and are subject to the Bank of Montreal credit risk. The estimated initial value was $991.49 per $1,000 principal on the Pricing Date.
Bank of Montreal priced US$4,549,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due September 17, 2027, linked to the least performing of the S&P 500®, NASDAQ-100® and Russell 2000®. The notes pay monthly contingent coupons of 1.0875% per month (approximately 13.05% per annum) when each reference asset is at or above its coupon barrier on observation dates and include an autocall feature beginning December 14, 2026. At maturity, if a Trigger Event occurred and the least performing reference asset finishes below its Initial Level, principal is reduced proportionally to that asset’s percentage change; otherwise investors receive full principal. The estimated initial value on the pricing date was $987.48 per $1,000 principal.
$1,066,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the Class B common stock of NIKE, Inc. The notes mature on June 18, 2029 and pay a quarterly Coupon of 2.50% per quarter (approximately 10.00% per annum).
The notes have an Initial Level of $44.93, a Trigger Level of $22.47 (50.00% of Initial Level) and an automatic redemption feature if the Reference Asset closes at or above the Call Level on a Call Observation Date. Price to public was 100%; proceeds to Bank of Montreal were 97.65% ($1,040,949). The issuer's estimated initial value was $970.72 per $1,000 on the Pricing Date.
Bank of Montreal (issuer) priced US$588,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons — linked to the least performing of the common stock of Tesla, Inc. and NVIDIA Corporation. Pricing Date was June 12, 2026, settlement June 17, 2026, valuation June 14, 2028, and maturity June 20, 2028.
The notes pay a contingent coupon of 2.00% per month (approximately 24.00% per annum) if each reference asset on an Observation Date is at or above its Coupon Barrier Level; unpaid coupons can be paid later via the Memory Coupon Feature. The notes are autocallable beginning December 16, 2026 if both reference assets are at or above their Call Level (100% of initial level).
At maturity, if not called and a Trigger Event has occurred (least performing reference asset below its Trigger Level, 60% of Initial Level), the cash payoff equals $1,000 plus $1,000 times the Percentage Change of the least performing asset, which may result in principal loss. The estimated initial value on the Pricing Date was $972.41 per $1,000 in principal amount.
Bank of Montreal (issuer) prices US$12,999,000 Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons. The notes pay a monthly contingent coupon of 0.855% per month (approximately 10.26% per annum) if each reference index is at or above its coupon barrier on observation dates. The notes reference the S&P 500, EURO STOXX 50 and Russell 2000, mature on June 17, 2031, and may be called by the issuer beginning on June 14, 2027. Payment at maturity depends on the performance of the least performing reference asset and may result in less than principal; a Trigger Event occurs if any Final Level is below its Trigger Level on the Valuation Date. The estimated initial value on the pricing date was $987.31 per $1,000.
Bank of Montreal is offering Capped Buffer GEARS, senior unsecured debt securities linked to the S&P 500® Index with a term of approximately two years. Key terms to be set on the Trade Date include Upside Gearing 2.0, a Maximum Gain of 18.82% to 21.82% (not less than 18.82%), a Buffer of 10% and a Downside Threshold equal to 90% of the Initial Underlier Value. Important dates: Trade Date June 26, 2026, Settlement Date June 30, 2026, Final Valuation Date June 26, 2028 and Maturity Date June 29, 2028. Original Issue Price is $10.00 per Security; estimated initial value on this preliminary supplement is $9.78 (will not be less than $9.48 at pricing). The securities provide upside participation subject to the capped Maximum Gain and a 1-for-1 loss beyond the 10% buffer if the Final Underlier Value is below the Downside Threshold. Payments are subject to the issuer's credit risk and complex tax treatment; see United States Federal Income Tax Considerations and accompanying supplements.
Bank of Montreal priced US$2,871,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons — due June 17, 2031. The notes pay a contingent coupon of 0.8125% per month (approximately 9.75% per annum) if each reference index meets monthly coupon barriers. The notes are linked to the least performing of the S&P 500 (SPX), NASDAQ-100 (NDX) and Russell 2000 (RTY). Settlement is June 17, 2026; valuation date is June 12, 2031. The notes may be automatically redeemed beginning on June 14, 2027 if all Reference Assets are at or above their call levels; otherwise the maturity payoff depends on the percentage change of the least performing Reference Asset, subject to a 60% trigger level and an 80% coupon barrier. The public offering price was 100% ($1,000 per $1,000 principal) with proceeds to the Bank of Montreal of 99.50% ($2,856,645) and an estimated initial value of $983.71 per $1,000 on the pricing date.
Bank of Montreal is offering US$20,000,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons due June 18, 2029, linked to the least performing of the S&P 500®, Russell 2000® and the Dow Jones Industrial Average®. The notes pay a contingent coupon of 0.60% per month (≈7.20% per annum) when each reference asset on an Observation Date is at or above its Coupon Barrier Level and may be automatically redeemed if all reference assets equal or exceed their Call Levels on an Observation Date beginning December 15, 2026.
The public offering price is 100% per $1,000 principal, the estimated initial value on the Pricing Date was $956.04 per $1,000, and payment at maturity depends on the performance of the least performing reference asset, with principal at risk if a Trigger Event occurs (Trigger Level = 70.00% of each Initial Level).
Bank of Montreal is offering $3,590,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the least performing of the S&P 500, Russell 2000 and Dow Jones Industrial Average. Pricing Date: June 12, 2026; Settlement Date: June 17, 2026; Maturity Date: June 17, 2031.
The notes pay a contingent quarterly coupon of 1.8125% per quarter (approximately 7.25% per annum) if, on an Observation Date, each Reference Asset is at or above its Coupon Barrier (70% of Initial Level). Beginning June 14, 2027, the notes will autocall if each Reference Asset is at or above its Call Level (100% of Initial Level) on an Observation Date. At maturity, if not called, holders receive $1,000 unless a Trigger Event occurs (Final Level of any Reference Asset below its Trigger Level, 55% of Initial Level), in which case payout equals $1,000 plus the Percentage Change of the Least Performing Reference Asset. The pricing supplement reports an estimated initial value of $964.77 per $1,000 principal amount on the Pricing Date.
Bank of Montreal priced a US$260,000 issuance of Senior Medium-Term Notes, Series K: autocallable barrier notes with contingent quarterly coupons linked to the least performing of Amazon.com, Inc. and Alphabet Inc. (Class A). Pricing Date was June 12, 2026, settlement June 17, 2026 and maturity June 18, 2029. The notes pay a Contingent Interest Rate of 2.50% per quarter (approximately 10.00% per annum) when each reference asset on an Observation Date is ≥ its Coupon Barrier Level. The Initial Levels were AMZN $238.55 and GOOGL $359.68, with Coupon and Trigger Levels equal to 60.00% of those Initial Levels (AMZN $143.13; GOOGL $215.81). Notes may autocall beginning on the December 2026 observation if both reference assets are at or above their Call Levels (100% of Initial Level). If not called, maturity payment is $1,000 per $1,000 unless a Trigger Event occurs, in which case payment equals $1,000 plus $1,000 times the Percentage Change of the least performing reference asset and may be less than principal. The pricing supplement states an estimated initial value of $926.17 per $1,000 principal amount on the Pricing Date.
Bank of Montreal prices US$7,431,000 senior medium-term notes, Series K. The Autocallable Barrier Notes with Step Up Call Amount reference the least performing of the S&P 500, Russell 2000 and the Dow Jones Industrial Average. Pricing Date is June 12, 2026, Settlement Date is June 17, 2026 and Maturity Date is June 17, 2031. The notes pay specified Call Amounts on a series of Observation Dates beginning June 17, 2027 and may be automatically redeemed if each Reference Asset is at or above its Call Level on an Observation Date. If not called, payment at maturity depends on the percentage change of the least performing Reference Asset and may result in principal loss if a Trigger Event occurs.
The Bank of Montreal is offering US$4,031,000 of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Contingent Coupons due June 17, 2031. The notes are linked to the least performing of the S&P 500, Russell 2000 and Dow Jones Industrial Average. Quarterly contingent coupons of 2.1625% per quarter (approximately 8.65% per annum) may be paid if each reference asset closes at or above its coupon barrier on observation dates. The notes begin on a pricing date of June 12, 2026, settle on June 17, 2026, and may be automatically redeemed if, on an observation date beginning June 14, 2027, all reference assets are at or above their call levels. At maturity, if not called, repayment depends on the percentage change of the least performing reference asset and may be less than principal, possibly zero.
Bank of Montreal priced US$4,207,000 Senior Medium-Term Notes, Series K — Capped Buffer Enhanced Return Notes due June 18, 2027, linked to the S&P 500® Index.
The notes offer a 200.00% Upside Leverage Factor on positive index returns subject to a Maximum Redemption Amount of $1,122.00 per $1,000 principal (a 12.20% return). They provide a 10.00% buffer: if the index declines by more than 10.00%, holders lose 1 of principal for each additional 1 decline, with potential principal loss up to 90.00%. The issuer's estimated initial value was $994.89 per $1,000 and the notes do not pay interest or trade on an exchange.
Bank of Montreal priced US$3,392,000 of Senior Medium‑Term Notes, Series K: Autocallable Barrier Notes linked to the least performing of the S&P 500®, Russell 2000® and the Dow Jones Industrial Average®. The Pricing Date is June 12, 2026, Settlement Date June 17, 2026, and Maturity Date June 17, 2031. The notes can automatically redeem on successive Observation Dates if each reference asset is at or above a Call Level (90% of initial). Call Amounts imply approximately 8.25% per annum. At maturity, if any Reference Asset is below its Trigger Level (75% of initial), payment is reduced based on the Percentage Change of the least performing asset. The pricing supplement states an estimated initial value of $963.08 per $1,000 principal and a public offering price of $1,000 (100%) with an agent’s commission of 2.00%.
Bank of Montreal is offering Capped Buffer GEARS linked to the S&P 500® Index maturing on June 29, 2028. Each Security has an Original Issue Price of $10 and returns that depend on the Underlier Return, an Upside Gearing of 2.0, and a predetermined Maximum Gain set on the Trade Date. The Securities provide a 10% buffer against initial declines but expose investors to 1-to-1 losses for Underlier declines beyond the buffer and are unsecured obligations of Bank of Montreal. Estimated initial value at pricing is $9.90 (not less than $9.60), and payments at maturity are subject to the Issuer’s creditworthiness and final pricing terms.
Bank of Montreal priced US$3,286,000 Senior Medium-Term Notes, Series K — Digital Return Buffer Notes due July 19, 2027, linked to the least performing of the Russell 2000®, XLK and KRE. The notes pay a Digital Return of 11.27% if the Least Performing Reference Asset finishes at or above 75.00% of its June 12, 2026 Initial Level. If the Least Performing Reference Asset falls below 75.00% of its Initial Level, investors lose 1% of principal for each 1% decline beyond the 25.00% Buffer Percentage (up to a 75.00% principal loss). Pricing Date: June 12, 2026; Settlement: June 17, 2026; Valuation Date: July 14, 2027. Notes are unsecured obligations of Bank of Montreal, not listed, minimum denomination $1,000, and subject to Bank of Montreal credit risk.
Bank of Montreal (BMO) is offering US$1,404,000 of Senior Medium-Term Notes, Series K, market-linked to the S&P 500® Index. The notes mature on December 17, 2030, settle on June 17, 2026, and pay 1-to-1 upside exposure subject to a Maximum Redemption Amount of $1,450.00 per $1,000 (a 45.00% cap). The Upside Leverage Factor is 100.00%. If the Final Level is at or below the Initial Level, investors receive only the $1,000 principal. The issuer is Bank of Montreal and all payments are subject to BMO credit risk.
Bank of Montreal is offering US$1,417,000 of Senior Medium‑Term Market Linked Notes, Series K, linked to the S&P 500® Index and maturing on December 17, 2031. Each $1,000 note pays no interest and returns principal at maturity if the Reference Asset is flat or down. If the S&P 500® rises, investors receive 1:1 upside exposure up to a Maximum Redemption Amount of $1,500.00 per $1,000 (a 50.00% cap). The notes have an estimated initial value of $967.13 per $1,000 on the Pricing Date, a public price equal to 100% of principal, and are unsecured obligations of Bank of Montreal. All payments depend on Bank of Montreal's creditworthiness and the notes will not be listed on an exchange.
Bank of Montreal is pricing US$79,000 of Senior Medium‑Term Notes, Series K — Autocallable Barrier Enhanced Return Notes linked to Intel Corporation common stock, maturing June 18, 2029. The notes offer 150.00% upside leverage if not auto‑redeemed and feature an automatic redemption on June 17, 2027 if Intel closes above its Call Level. If auto‑redeemed, holders receive principal plus a $367.00 Call Amount per $1,000 note. If not auto‑redeemed and Intel falls below the Barrier Level of $74.74 (60.00% of the Initial Level), investors lose 1% of principal for each 1% decline, up to a 100% loss. Notes pay no interest, are unsecured obligations of the Bank, and all payments are subject to Bank of Montreal credit risk.
Bank of Montreal priced US$500,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the least performing common stock of NRG Energy, Inc. (NRG) and Quanta Services, Inc. (PWR). The notes pay a monthly Coupon of 1.00% (approximately 12.00% per annum) and mature on June 18, 2029.
The Pricing Date was June 12, 2026, Settlement Date June 17, 2026, and Valuation Date June 13, 2029. Initial Levels are NRG $125.47 and PWR $707.74; Trigger Levels are NRG $75.28 and PWR $424.64 (60% of Initial Level); Call Levels are NRG $119.20 and PWR $672.35 (95% of Initial Level). The estimated initial value on the Pricing Date was $946.42 per $1,000.
Bank of Montreal is offering US$1,165,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the least performing of Apple Inc. (AAPL) and Affirm Holdings, Inc. (AFRM). The notes settle on June 17, 2026 and mature on June 18, 2029. They pay monthly contingent coupons of 1.775% per month (approximately 21.30% per annum) when each reference asset equals or exceeds its coupon barrier; unpaid coupons can be paid later under a Memory Coupon Feature. The notes are callable beginning on the observation date for December 15, 2026, and the payoff at maturity depends on the least performing reference asset, with a principal protection threshold (Trigger Level) at 50.00% of each asset's Initial Level ($145.57 for AAPL; $33.09 for AFRM). The estimated initial value on the pricing date was $954.55 per $1,000 principal amount. These notes are unsecured obligations of the Bank and carry distribution restrictions in multiple jurisdictions.
Bank of Montreal priced US$366,000 Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to Palantir Technologies Inc. (PLTR) Class A common stock. The notes pay contingent quarterly coupons of 3.7875% per quarter (approximately 15.15% per annum) if the Reference Asset closes at or above a Coupon Barrier of $64.00 on Observation Dates. The Initial Level is $127.99, the Coupon Barrier and Trigger Level are each $64.00 (50.00% of Initial Level), the Pricing Date was June 12, 2026, settlement June 17, 2026, valuation date June 13, 2029, and maturity June 18, 2029. The notes are callable on observation dates at 100% of principal if the Reference Asset closes at or above the Call Level (100% of Initial Level). If a Trigger Event occurs (Final Level below Trigger Level), the payment at maturity will equal $1,000 × Percentage Change plus principal formula and may be less than principal. The public offering price was 100% of principal (with an indicated estimated initial value of $958.84 per $1,000 on the Pricing Date). Payments at maturity are cash only; physical delivery of shares will not occur.
Bank of Montreal is offering US$275,000 of Senior Medium-Term Notes, Series K, linked to the least performing of the S&P 500®, NASDAQ-100® and Russell 2000® indices. The notes pay no interest, mature on June 20, 2028, and settle on June 17, 2026.
Investors participate 100% in positive performance of the least performing reference asset up to a Maximum Return of 14.80%, producing a Maximum Redemption Amount of $1,148.00 per $1,000 principal. If the least performing reference asset declines, investors receive only principal. All payments are subject to Bank of Montreal credit risk.
Bank of Montreal (BMO) priced US$1,279,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the Class A common stock of Palantir Technologies Inc.
The notes price on June 12, 2026, settle June 17, 2026, and mature June 18, 2029. They pay a contingent quarterly coupon of 4.15% (about 16.60% per annum) when the Reference Asset meets the Coupon Barrier on observation dates, include a Memory Coupon feature, and are subject to automatic redemption if the Reference Asset closes at or above the Call Level on an Observation Date. At maturity, if a Trigger Event occurs (Final Level below the Trigger Level at valuation), principal repayment may be reduced in proportion to the Reference Asset’s performance.
Bank of Montreal priced US$2,560,000 Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due May 17, 2028, linked to the least performing of the S&P 500®, Russell 2000® and Nasdaq-100 Technology Sector indices. Pricing Date was June 12, 2026, Settlement Date June 17, 2026 and Valuation Date May 12, 2028. Contingent coupons equal 0.875% per month (approximately 10.50% per annum) and pay monthly if each Reference Asset on an Observation Date is at or above its Coupon Barrier Level (each barrier = 70.00% of the Initial Level). The notes are callable in whole by the issuer beginning on an Observation Date on or after September 14, 2026. The estimated initial value on the Pricing Date was $966.26 per $1,000 principal amount. Payment at maturity, if not called, depends on the Percentage Change of the Least Performing Reference Asset and may result in loss of principal if a Trigger Event (Final Level below Trigger Level) occurs.
Bank of Montreal issues US$1,140,000 Senior Medium-Term Notes — Autocallable Buffer Notes linked to the least performing of SCHW, GD and INTU. The notes price on June 12, 2026, settle June 17, 2026, have a valuation date of June 13, 2029 and mature on June 18, 2029. The pricing supplement states an estimated initial value of $959.56 per $1,000. The structure features periodic observation dates with escalating hypothetical Call Amounts (final Call Amount at maturity shown as $1,019.988 per $1,000), a 30.00% buffer (Buffer Levels: SCHW $63.77; GD $252.15; INTU $193.71) and downside leverage of approximately 142.86%. If the Least Performing Reference Asset is below its Buffer Level on the Valuation Date, principal is reduced per the disclosed formula; otherwise investors receive principal or an automatic Call Amount if Call Events occur on Observation Dates.
Bank of Montreal priced US$300,000 in Senior Medium‑Term Notes, Series K: Buffer Notes due June 18, 2029, linked to the least performing of the Nasdaq-100 Technology Sector Index (NDXT) and the Russell 2000® Index (RTY). The notes pay a monthly Coupon of 0.50% (about 6.00% per annum). At maturity investors receive $1,000 per $1,000 unless a Trigger Event occurs (Final Level of any Reference Asset below its Buffer Level). The notes include a 20.50% Buffer (investors absorb losses beyond that level) and Buffer Levels of 13,894.19 (NDXT) and 2,340.474 (RTY). The pricing supplement shows an estimated initial value of $954.77 per $1,000 and lists public offering price near par with proceeds to the issuer of $292,500.
Bank of Montreal offers US$500,000 Senior Medium‑Term Notes, Series K, an autocallable barrier note linked to the least performing common stock of NRG Energy, Inc. (NRG) and Quanta Services, Inc. (PWR).
The notes were priced on June 12, 2026 with settlement on June 17, 2026 and maturity on June 18, 2029. The structure features quarterly observation dates with staged Call Levels and Call Amounts (approximately 17.00% per annum return if called), a Trigger Level equal to 50.00% of each Initial Level, and physical or cash delivery at maturity if a Trigger Event occurs.
Bank of Montreal priced a preliminary offering of structured Senior Medium‑Term Notes (equity‑linked) due June 29, 2029. Each note has an original offering price of $1,000 and an estimated initial value of $964.20 (not less than $920.00 at pricing). The notes pay monthly contingent coupons (the contingent coupon rate will be determined at pricing and will be at least 19.90% per annum), are linked to the lowest performing of BLK, IBM and PLTR, include an automatic call feature and expose holders to downside principal loss if the lowest performing Underlier falls below a 50% downside threshold on the final calculation day.
The securities are unsecured obligations of Bank of Montreal, subject to the issuer’s credit risk, are not listed, and may have limited secondary market liquidity. The pricing date shown is June 26, 2026 and the issue date shown is July 1, 2026. The prospectus/pricing supplement contains detailed risk factors, tax considerations, and examples of payoff outcomes.
Bank of Montreal priced an equity-linked, market‑linked senior note (face amount $1,000) due June 29, 2029 with monthly contingent coupons and an automatic call feature. The pricing date is June 26, 2026 and the issue date is July 1, 2026. The issuer’s initial estimated value was $968.70 per security (not less than $920.00) and the original offering price is $1,000 per security.
The securities pay a monthly contingent coupon (with a memory feature) at a contingent coupon rate determined at pricing, at least 22.77% per annum, only if the lowest‑performing Underlier on each calculation day is at or above its coupon threshold. If not auto‑called, maturity pays either the face amount or a reduced payment equal to the face amount multiplied by the performance factor of the lowest performing Underlier; the downside threshold for each Underlier is 50% of its starting value.
Bank of Montreal is offering Senior Medium-Term Notes, Series K: redeemable fixed-rate notes with a 5.00% per annum coupon, $1,000 principal per Note, issued on June 30, 2026 and maturing on June 30, 2031. The Notes pay interest semi‑annually on June 30 and December 30 beginning December 30, 2026, are redeemable at issuer option semi‑annually (100% of principal plus accrued interest) on specified Optional Redemption Dates, and will not be listed on any exchange. The original issue price is $1,000.00 per Note, with an underwriting discount of $15.00 and proceeds to Bank of Montreal of $985.00 per Note. The Notes are bail-inable under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act and may be converted, in whole or in part, into common shares of Bank of Montreal under that regime; by acquiring Notes, holders are deemed to consent to those bail-in terms.
Bank of Montreal (BMO) priced a US$5,000,000 issuance of Senior Medium-Term Notes, Series K — Callable Barrier Notes due June 11, 2029 — linked to the least performing of three SPDR ETFs: XLF, KRE and XLC. The notes pay monthly contingent coupons of 1.3167% per month (approximately 15.80% per annum) when each reference asset closes at or above its coupon barrier on an observation date. Beginning September 08, 2026, BMO may call the notes on observation dates; if not called, maturity payoff depends on the least performing reference asset and may return less than principal if a trigger event occurs. Principal amount issued: $5,000,000. Estimated initial value on the pricing date: $978.00 per $1,000. Investors receive cash only at maturity; physical delivery of reference shares is not available.
Bank of Montreal is offering market-linked, auto-callable senior medium-term notes (equity-linked securities) tied to the lowest performing of Alphabet Inc. (GOOGL), Micron Technology, Inc. (MU) and Tesla, Inc. (TSLA). The Original Offering Price is $1,000 per security with an estimated initial value of $962.50 (floor at $912.50 at pricing). The notes pay monthly contingent coupons (the contingent coupon rate will be determined at pricing and is at least 37.02% per annum), are auto‑callable if the lowest performing underlier equals or exceeds its starting value on certain monthly observation dates, and mature on June 22, 2029. If not called, principal at maturity depends on the ending value of the lowest performing underlier and may be reduced pro rata below face amount if that underlier is below its downside threshold (55% of starting value). The securities are unsecured obligations of Bank of Montreal and are subject to credit risk, limited secondary-market liquidity, complex tax treatment, and other risks described in the supplement.