Bank of Montreal priced US$650,000 Senior Medium-Term Notes, Series K (Barrier Notes) due March 19, 2029. The notes pay a 1.65% per quarter coupon (approximately 6.60% per annum) and are linked to the least performing of QQQ and SPY.
If on the Valuation Date (March 14, 2029) the Final Level of either reference asset is below its Trigger Level (70.00% of the Initial Level: $418.08 for QQQ and $466.24 for SPY), a Trigger Event occurs. At maturity the holder will receive either a Physical Delivery Amount (shares of the least performing asset) or, at the issuer's election, a Cash Delivery Amount. The estimated initial value on the Pricing Date was $4,823.40 per $5,000 principal.
Bank of Montreal priced US$1,130,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the S&P 500® Futures Excess Return Index (ticker SPXFP). The notes were priced on March 12, 2026, settle on March 17, 2026, and mature on March 17, 2028. They pay automatic redemption if the Reference Asset closes at or above its Call Level (100% of the Initial Level) on specified Observation Dates beginning March 18, 2027. Call Amounts increase across monthly Observation Dates from $105 to $210 at maturity, representing approximately a 10.50% per annum return if called. At maturity, if no automatic call occurs, holders receive $1,000 per $1,000 unless a Trigger Event occurs (Final Level below the Trigger Level of $404.96, equal to 75.00% of the Initial Level), in which case the maturity payment equals $1,000 plus $1,000×Percentage Change of the Reference Asset. Price to public is 100%, agent’s commission is 2.25%, and proceeds to the issuer were 97.75%. The estimated initial value on the Pricing Date was $960.28 per $1,000 principal. The Reference Asset measures performance of the nearest-maturing E-mini S&P 500 quarterly futures contract and is exposed to roll yield and financing-cost effects. Risk, tax, distribution, and jurisdictional restrictions are disclosed in the supplement.
Bank of Montreal is offering $1,555,000 of Senior Medium-Term Notes, Series K: Step Down Autocallable Barrier Notes linked to the shares of SPDR® Gold Trust (GLD). The Pricing Date is March 12, 2026, settlement on March 17, 2026, and maturity on March 17, 2031. The Initial Level is $466.88 and the Trigger Level is $326.82 (a 70.00% barrier). Call Amounts are scheduled annually with the final Call Amount at maturity equal to $495.00 per $1,000 note if not previously redeemed. Price to public is 100%; Agent’s Commission is 0.25% and Proceeds to Bank of Montreal are 99.75% ($1,551,112.50). The estimated initial value on the Pricing Date is $952.59 per $1,000.
Bank of Montreal priced US$563,000 Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons due March 19, 2029. The notes reference the least performing of AAPL, AMZN, NVDA and pay a contingent quarterly coupon of 5.625% (approx. 22.50% per annum) if coupon barriers are met.
Key mechanics: Pricing Date March 12, 2026, Settlement Date March 17, 2026, Valuation Date March 14, 2029. Coupon and trigger levels equal 70.00% of each Initial Level (AAPL $179.03; AMZN $146.67; NVDA $128.20). Automatic redemption occurs if each Reference Asset is ≥ its Call Level (100% of Initial Level) on an Observation Date. At maturity, if a Trigger Event occurs you may receive a Physical Delivery Amount of shares of the Least Performing Reference Asset (or a Cash Delivery Amount); otherwise you receive $1,000 per $1,000 principal. The cover shows an estimated initial value of $963.69 per $1,000 principal.
Bank of Montreal priced a $4,000,000 offering of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes due March 17, 2031. The notes pay monthly contingent coupons of 0.825% (approximately 9.90% per annum) if each Reference Asset is at or above a 70% coupon barrier on monthly observation dates. If an automatic call condition is met beginning on March 12, 2027, holders receive principal plus the then-due contingent coupon. If not called, maturity payment is $1,000 per note unless a trigger event occurs; if a Trigger Event occurs the maturity payoff equals $1,000 plus $1,000 times the percentage change of the least performing Reference Asset and may be less than principal. The estimated initial value at pricing was $969.26 per $1,000 principal amount and public offering price was 100% (price to public $4,000,000), with proceeds to Bank of Montreal noted as $3,970,000 after a 0.75% agent commission.
Bank of Montreal priced US$40,400,000 of Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to the NASDAQ‑100, Russell 2000 and S&P 500. The notes were priced on March 12, 2026 with settlement on March 17, 2026 and maturity on March 18, 2030.
The notes pay a Contingent Interest Rate of 0.9417% per month (approximately 11.30% per annum) when each reference index on an Observation Date is at or above its Coupon Barrier Level (70% of initial). They are callable beginning September 15, 2026 if each index is at or above its Call Level (100% of initial). At maturity, if not redeemed and if any Final Level is below its Trigger Level (70% of initial), payment depends on the percentage change of the least performing index and may be less than principal. The public offering price was 100% of principal; agent commission was 0.45% and proceeds to Bank of Montreal were 99.55%. The estimated initial value on the Pricing Date was $979.63 per $1,000 principal.
Bank of Montreal priced a US$3,523,000 offering of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the least performing of the S&P 500, NASDAQ-100 and Russell 2000. The Pricing Date is March 12, 2026, Settlement Date March 17, 2026, Valuation Date March 14, 2029, and Maturity Date March 19, 2029. The notes pay potential automatic call amounts of $162.50, $325.00 or $487.50 per $1,000 on specified Observation Dates, and return at maturity is tied to the percentage change of the least performing reference asset with a 70% Trigger Level and 102% Call Level.
Bank of Montreal is offering US$808,000 in Senior Medium-Term Notes, Series K: Capped Contingent Risk Absolute Return Buffer Notes due March 17, 2028. The notes are linked to the least performing of the S&P 500® and the NASDAQ-100® and pay no interest. At maturity each $1,000 note will pay up to a Maximum Redemption Amount of $1,275.00 (a 27.50% return) if the Least Performing Reference Asset appreciates, subject to the Upside Leverage Factor of 100.00% and the cap. If the Least Performing Reference Asset declines but remains at or above the Buffer Level of 80.00% of its Initial Level, investors receive a positive return up to a $1,200.00 payment (20.00% return). If the Final Level falls below the Buffer Level, investors lose 1% of principal for each 1% decline beyond the buffer and may lose up to 80.00% of principal. Notes are unsecured obligations of Bank of Montreal, not FDIC- or CDIC-insured, issued in minimum denominations of $1,000, not listed, and subject to the issuer's credit risk. The initial estimated value was $988.62 per $1,000 on the Pricing Date.
Bank of Montreal is offering equity-linked notes tied to the Russell 2000® Index with a $1,000 principal amount per note. The notes provide 200% upside participation subject to a cap (cap level expected 121.48%–125.20%) and a maximum settlement amount expected between $1,429.60 and $1,504.00 per $1,000.
The notes include a 5.00% buffer: if the final index level is ≥95.00% of the initial level you receive $1,000; if the final level is below that buffer you lose approximately 1.0526% of principal for each 1% decline below 95.00%. The initial estimated value is expected to be $939.00–$969.00 per $1,000; original issue price is $1,000 with an underwriting discount of $30.00 (proceeds to BMO $970.00).
Bank of Montreal amends its pricing supplement to offer additional Energy -3X Inverse Leveraged ETNs, increasing the tranche to an aggregate principal amount of $25,000,000. Each note has a principal amount of $25 and the notes mature on January 29, 2043.
The notes (ticker WTID) provide a daily resetting -3x leveraged inverse exposure to the Solactive MicroSectors™ Energy Index (ticker BIGOIL), are unsecured obligations of Bank of Montreal, and do not guarantee return of principal. Key economics disclosed include a 0.95% per annum Daily Investor Fee, an Interest Rate Spread initially 2.00% (adjustable up to 4.00%), and a Redemption Fee Amount of 0.125%. The offering is intended for sophisticated, active traders and warns of significant path‑dependent decay and potential total loss of principal.