Bank of Montreal priced a US$483,000 offering of Senior Medium-Term Notes, Series K: Capped Barrier Enhanced Return Notes due March 26, 2029, linked to the least performing of the S&P 500® and NASDAQ-100®. The notes offer 150.00% upside leverage subject to a 57.00% Maximum Return and a Maximum Redemption Amount of $1,570.00 per $1,000 principal. If the least performing reference asset falls below a 75.00% Barrier, investors absorb losses pari passu with the index decline, potentially losing up to 100.00% of principal. The notes are unsecured obligations of the Bank, unlisted, and pay no interest.
Bank of Montreal priced US$606,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the Least Performing of the S&P 500® Index, the Russell 2000® Index and the Dow Jones Industrial Average®. The notes pay a 0.8333% monthly contingent coupon (approximately 10.00% per annum) when each reference asset on an Observation Date is at or above its Coupon Barrier Level (70.00% of Initial Level). The notes may be automatically redeemed beginning on March 23, 2027 if each Reference Asset is at or above its Call Level. If not called, payment at maturity on March 26, 2029 depends on the Percentage Change of the Least Performing Reference Asset versus its Initial Level; a Trigger Event occurs if any Final Level is below its Trigger Level (70.00% of Initial Level), producing a reduced cash payoff. The Pricing Date was March 20, 2026, Settlement Date March 25, 2026, and the issuer’s estimated initial value was $970.60 per $1,000 principal.
Bank of Montreal priced US$60,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to EQT Corporation. The Pricing Date is March 20, 2026, Settlement Date March 25, 2026, and Maturity Date April 26, 2027. The notes reference EQT with an Initial Level of $64.67 and offer a Contingent Interest Rate of 1.1667% per month (approximately 14.00% per annum) if monthly observation-level conditions are met. The Coupon Barrier Level and Trigger Level are both $45.53 (70.41% of the Initial Level). Automatic redemption may occur beginning on September 23, 2026 if the Reference Asset meets the Call Level. Price to public was 100% and the estimated initial value on the Pricing Date was $962.21 per $1,000 principal amount. Payments at maturity are cash only and will be reduced if a Trigger Event occurs; final payout is $1,000 + ($1,000 x Percentage Change) when applicable.
Bank of Montreal priced US$19,000 Senior Medium‑Term Notes, Series K Autocallable Barrier Notes linked to the common stock of EQT Corporation. The notes were priced on March 20, 2026, settle on March 25, 2026, have a valuation date of April 21, 2027 and mature on April 26, 2027.
The notes pay a 0.95% contingent monthly coupon (approximately 11.40% per annum) when the Reference Asset closes at or above the Coupon Barrier Level on an Observation Date. The Coupon Barrier and Trigger Level are each $45.53 (70.41% of the Initial Level). If not autocalled, maturity payoff is $1,000 per $1,000 unless the Final Level is below the Trigger Level, in which case the cash payment equals $1,000 plus $1,000 times the Percentage Change of the Reference Asset. The estimated initial value on the Pricing Date was $947.02 per $1,000.
Bank of Montreal priced US$5,112,000 of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes linked to the common stock of NVIDIA Corporation (NVDA). The Pricing Date was March 20, 2026, Settlement Date March 25, 2026, and Maturity Date September 27, 2027.
The notes pay a Contingent Coupon of 0.94% per month (approximately 11.28% per annum) when the Reference Asset on an Observation Date is at or above the Coupon Barrier Level. The Initial Level is $172.70, with the Coupon Barrier Level and Trigger Level set at $89.80 (52.00% of Initial Level). The notes were offered at 100% of principal; agent’s commission is 2.40%, proceeds to the issuer shown as 97.60% ($4,989,312). The estimated initial value on the Pricing Date was $962.93 per $1,000 principal.
If an Observation Date on or after September 23, 2026 has the Reference Asset at or above the Call Level (100% of Initial Level), the notes will be automatically redeemed and investors receive principal plus the applicable Contingent Coupon. If not autocalled, at maturity investors receive cash or a Physical Delivery Amount equal to $1,000 divided by the Initial Level in shares (or a Cash Delivery Amount), and a Trigger Event (Final Level below Trigger Level) can reduce the maturity payment materially.
Bank of Montreal is offering Senior Medium‑Term Notes, Series K — Redeemable Fixed Rate Notes due April 10, 2036.
Each Note has a principal amount of $1,000 and an original issue price of $1,000. The Notes pay interest at 5.25% per annum, payable semi‑annually on each April 10 and October 10, commencing October 10, 2026. The issuer may redeem the Notes in whole on semi‑annual Optional Redemption Dates at 100% of principal plus accrued interest. The underwriting discount is $30.00 per Note, leaving proceeds to Bank of Montreal of $970.00 per Note. The Notes are bail‑inable and subject to conversion under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act.
Bank of Montreal priced $2,000,000 of Senior Medium‑Term Notes, Series K, consisting of 2,000 notes at $1,000 per note with a fixed interest rate of 4.60% per annum. The notes mature on March 25, 2031 and pay interest semi‑annually on March 25 and September 25, commencing September 25, 2026. The issuer may redeem the notes in whole (but not in part) on semi‑annual Optional Redemption Dates from March 25, 2027 through September 25, 2030 at 100% of principal plus accrued interest. The notes are bail‑inable and subject to conversion under the CDIC Act; they will not be listed on any exchange.
Bank of Montreal priced $893,000 aggregate Senior Medium-Term Notes, Series K, redeemable fixed-rate notes due March 14, 2031. The Notes pay interest at 4.50% per annum, payable semi‑annually, with principal repaid at $1,000 per Note at maturity unless earlier redeemed.
The offering was issued at an original issue price of $1,000.00 per Note with an underwriting discount of $10.00 per Note and proceeds to the Bank of $884,070.00 in the aggregate. The Notes are redeemable by the Bank on specified semi‑annual optional redemption dates and are bail‑inable under the Canadian CDIC Act, permitting conversion into common shares under prescribed conditions.
Bank of Montreal offers $2,000,000 Senior Medium-Term Notes, Series K (Redeemable Fixed Rate Notes) due March 25, 2031. The Notes pay 4.40% per annum interest semi‑annually, have a $1,000 denomination, and are redeemable in whole by the Bank on scheduled semi‑annual Optional Redemption Dates starting March 25, 2028.
The Notes are unsecured, bail-inable under the CDIC Act (convertible into common shares under specified Canadian resolution powers), will not be listed, and were issued at $1,000.00 per note with an underwriting discount of $7.50 per note.
Bank of Montreal priced U.S. dollar non‑interest notes linked to the Russell 2000® Index. The notes have a $1,000 principal amount, trade date March 20, 2026, stated maturity March 22, 2029 and are cash‑settled based on the index performance from March 20, 2026 to March 20, 2029.
The notes pay no interest, offer an upside participation rate of 200% subject to a cap that limits the maximum settlement to $1,489.00 per $1,000 principal. A 5.00% buffer protects against losses up to that decline; if the final index level is below the buffer, holders lose approximately 1.0526% of principal for each 1% the index is below the buffer level. Original issue price per note was $1,000.00; underwriting discount totaled $95,310.00 and proceeds to the issuer totaled $3,081,690.00.