Bank of Montreal issues Accelerated Return Notes® linked to the iShares® Expanded Tech-Software Sector ETF due May 28, 2027. The notes pay based on a $10 principal per unit and a 300% Participation Rate with a $12.766 Capped Value (a 27.66% return cap).
The Starting Value was $84.46 with an initial estimated value of $9.68 per unit and a public offering price of $10.00 per unit. Term is approximately 14 months with Maturity Valuation Period days on May 19–25, 2027. If the Ending Value exceeds the Starting Value, holders receive leveraged upside up to the cap; if equal, principal is returned; if lower, principal is reduced proportionally. Payments are unsecured and subject to BMO credit risk. Fees include an underwriting discount of $0.175 and a hedging charge of $0.05 per unit.
Bank of Montreal is offering $5,000,000 aggregate principal of Senior Medium-Term Notes, Series K, redeemable fixed-rate notes with a 4.95% per annum interest rate and a stated maturity of March 24, 2031. Interest is payable semi-annually on March 24 and September 24, commencing September 24, 2026.
The notes are redeemable by the issuer on semi-annual optional redemption dates at 100% of principal plus accrued interest and are bail-inable under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act, permitting conversion into common shares under that statutory regime.
Bank of Montreal issues $3,000,000 Senior Medium-Term Notes, Series K. The offering comprises Notes with a $1,000 principal per Note, a 5.05% fixed interest rate, semiannual interest payments, and a stated maturity of March 24, 2038. The Notes are redeemable at the issuer's option on semiannual Optional Redemption Dates commencing March 24, 2028, at 100% of principal plus accrued interest. The offering price was $1,000.00 per Note with an underwriting discount of $11.50 per Note, yielding proceeds of $988.50 per Note and total proceeds of $2,965,500.00 to the Bank. The Notes are unsecured, will not be listed, and are characterized as bail-inable subject to conversion under the Canadian CDIC Act.
Bank of Montreal is offering Senior Medium-Term Notes, Series K — Redeemable Fixed Rate Notes due April 10, 2031 with a stated interest rate of 5.00% per annum and semiannual interest payments. Each Note has a principal amount of $1,000.
The Notes are redeemable at the issuer’s option on semiannual Optional Redemption Dates at 100% of principal plus accrued interest and are bail-inable notes subject to conversion under the Canada Deposit Insurance Corporation Act. The original issue price is $1,000.00 per Note, with an underwriting discount of $15.00 and proceeds to the issuer of $985.00 per Note.
Bank of Montreal is offering Senior Medium-Term Notes, Series K — Redeemable Fixed Rate Notes due April 10, 2029, with a stated annual interest rate of 4.50% payable semi‑annually and denomination of $1,000 per Note. The issuer may redeem the Notes on semi‑annual Optional Redemption Dates at $1,000 plus accrued interest. The Notes are unsecured, bail-inable under the CDIC Act and may be converted into common shares under subsection 39.2(2.3) of the CDIC Act; holders are deemed to consent to those bail-in provisions. Original issue price is $1,000.00 per Note with an underwriting discount of $10.00, leaving $990.00 in proceeds per Note to the issuer.
Bank of Montreal priced US$650,000 Senior Medium-Term Notes, Series K — Callable Barrier Notes linked to the least performing of the S&P 500®, NASDAQ-100® and Russell 2000®. Pricing Date was March 18, 2026, Settlement Date March 23, 2026, and Maturity Date March 23, 2029. The notes pay a monthly contingent coupon of 0.9583% (approximately 11.50% per annum) when each Reference Asset on an Observation Date is at or above its Coupon Barrier Level (75% of Initial Level). A Trigger Event occurs if any Reference Asset’s Final Level is below its Trigger Level (70% of Initial Level) on the Valuation Date, in which case principal at maturity is reduced by the Percentage Change of the Least Performing Reference Asset. The issuer may call the notes in whole beginning March 18, 2027. Price to public is $1,000 per $1,000 principal (100%), Agent’s commission 0.50%, proceeds to BMO 99.50%. Estimated initial value on the Pricing Date was $974.18 per $1,000.
Bank of Montreal priced US$1,127,000 of Senior Medium-Term Notes, Series K: an Autocallable Barrier Note with contingent coupons due March 23, 2029, linked to the least performing of XLE, the S&P 500® Index and the Nasdaq-100 Technology Sector Index. The notes pay a contingent coupon of 0.8125% per month (approximately 9.75% per annum) when each reference asset on an Observation Date is at or above its Coupon Barrier Level. The notes may be automatically redeemed beginning on September 18, 2026 if on an Observation Date each Reference Asset is at or above its Call Level. At maturity, if not called and if the Final Level of any Reference Asset is below its Trigger Level, investors receive a cash amount equal to $1,000 plus $1,000 times the Percentage Change of the Least Performing Reference Asset; this amount can be less than principal and may be zero. The cover shows an estimated initial value of $947.57 per $1,000 principal amount and a public offering price of 100%, with an agent commission of 2.50%.
Bank of Montreal priced $10,458,000 of Senior Medium-Term Notes (Series K), Autocallable Barrier Notes with Memory Coupons linked to the least performing of AAPL, AMD and PLTR. The notes pay a 5.375% quarterly contingent coupon (about 21.50% per annum) if each reference asset meets a quarterly coupon barrier of 50% of its initial level, begining with payments on June 23, 2026, and mature on March 23, 2029.
The notes are automatically redeemable beginning on March 18, 2027 if each reference asset is at or above its call level (100% of initial). At maturity investors receive principal unless a trigger event occurs (Final Level below 50% trigger level for any reference asset), in which case the payout equals $1,000 plus the percentage change of the least performing reference asset, which can be less than principal and may be zero. The estimated initial value on the pricing date was $952.99 per $1,000 principal amount.
Bank of Montreal priced US$1,001,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons linked to the least performing of the VanEck® Gold Miners ETF (GDX) and the Nasdaq-100 Technology Sector Index (NDXT).
The notes pay a contingent coupon of 0.875% per month (approximately 10.50% per annum) when each Reference Asset closes at or above its Coupon Barrier on an Observation Date. The Pricing Date is March 18, 2026, Settlement Date is March 23, 2026, Valuation Date is March 20, 2029 and Maturity Date is March 23, 2029. If not autocalled, principal repayment at maturity equals $1,000 per $1,000 unless a Trigger Event occurs, in which case payment is reduced by the Percentage Change of the least performing Reference Asset; payment may be zero. The estimated initial value was $948.02 per $1,000 on the Pricing Date.
Bank of Montreal priced a US$123,000 offering of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the common stock of Tesla, Inc. The notes pay a 4.1875% contingent quarterly coupon (≈16.75% annually) and were issued at 100% of principal for a $123,000.00 aggregate principal amount. The Pricing Date is March 18, 2026, Settlement Date is March 23, 2026, Valuation Date is March 20, 2029, and Maturity Date is March 23, 2029. The notes are autocallable beginning on September 18, 2026, have a Coupon Barrier Level and Trigger Level equal to $235.67 (60.00% of the Initial Level), and an estimated initial value of $985.48 per $1,000 on the Pricing Date.