Bank of Montreal priced US$500,000 Senior Medium‑Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons linked to the Class A common stock of Blue Owl Capital Inc. (ticker: OWL). The notes carry a contingent quarterly coupon of 5.155% (approximately 20.62% per annum) and an Initial Level of the Reference Asset of $10.42.
The Coupon Barrier Level and Trigger Level are each $5.21 (50.00% of the Initial Level). The notes pay memory Contingent Coupons on scheduled quarterly payment dates beginning June 12, 2026, are subject to automatic redemption if the Reference Asset closes above the Call Level ($10.42) on an Observation Date beginning September 09, 2026, and mature on March 12, 2029 with cash settlement only. The estimated initial value was $942.76 per $1,000 on the Pricing Date; Price to Public was 100% with Agent’s Commission 2.35%.
Bank of Montreal priced a US$1,117,000 offering of Senior Medium-Term Notes, Series K — market-linked notes due March 11, 2031 — linked to the S&P 500® Index. The notes provide 150.00% upside exposure to any appreciation in the index subject to a Maximum Redemption Amount of $1,341.00 per $1,000 (a 34.10% capped return). If the Reference Asset declines or is flat at maturity, holders receive the $1,000 principal only. The notes pay no interest, are unsecured obligations of Bank of Montreal, are not listed, and are subject to the issuer’s credit risk.
The Pricing Date was March 06, 2026, Settlement Date March 11, 2026, Valuation Date March 06, 2031, and the offering included an agent commission of 1.50% with proceeds to the Bank of $1,100,245.00 in aggregate. Our estimated initial value on the Pricing Date was $971.43 per $1,000 principal.
Bank of Montreal priced US$239,000 of Senior Medium-Term Notes, Series K — Capped Barrier Enhanced Return Notes linked to the S&P 500® Index. The notes offer 200.00% Upside Leverage with a Maximum Redemption Amount of $1,130.00 per $1,000 (a 13.00% return).
Key terms: Pricing Date March 06, 2026, Settlement March 11, 2026, Valuation Date May 06, 2027, Maturity Date May 11, 2027. Initial Level 6,740.02, Barrier Level 6,066.02 (90% of Initial Level). Agent’s commission is 2.00% and proceeds to the Bank equal 98.00% of principal. All payments are subject to Bank of Montreal credit risk.
Bank of Montreal priced US$3,658,000 Senior Medium-Term Notes, Series K — Digital Return Barrier Notes due April 12, 2027. The notes pay a 8.40% digital return if the Least Performing Reference Asset (the lowest of the S&P 500, NASDAQ-100 and Russell 2000) finishes at or above 60.00% of its Pricing Date level. If the Least Performing Reference Asset falls more than 40.00% from its Initial Level, investors lose 1% of principal for each 1% decline, potentially losing up to 100% of principal at maturity.
Price to public was 100% (aggregate $3,658,000), agent’s commission about 0.3839%, and proceeds to Bank of Montreal approximately 99.6161%. All payments are subject to the credit risk of Bank of Montreal; estimated initial value was $978.88 per $1,000 principal.
Bank of Montreal priced US$550,000 Senior Medium-Term Notes, Series K, a capped market-linked note due March 13, 2028 linked to the least performing of the Russell 2000® and the S&P 500®.
The notes pay no interest, have a Maximum Redemption Amount of $1,244.00 per $1,000 (a 24.40% cap), and provide 1:1 upside up to the cap with downside limited to at most a 5.00% principal loss (minimum payment $950 per $1,000) based on the Least Performing Reference Asset. All payments are subject to the issuer's credit risk and the notes will not be listed.
Bank of Montreal is offering US$9,462,000 principal of Senior Medium‑Term Notes, Series K — Digital Return Barrier Notes due April 12, 2027. The notes pay a 9.76% Digital Return if the least performing of the S&P 500® and Russell 2000® is ≥ 70.00% of its March 6, 2026 initial level at the valuation date. If the least performing reference asset declines more than 30.00% from its initial level, investors lose 1% of principal for each 1% decline and may lose up to all principal at maturity. The notes do not bear interest, are unsecured obligations of Bank of Montreal, are not exchange‑listed, and were priced to public at 100% with proceeds to the issuer of $9,421,313.40. BMOCM is agent and calculation agent. On the pricing date the issuer’s estimated initial value was $979.22 per $1,000 note.
Bank of Montreal is issuing 100,000 ETNs representing an aggregate principal amount of $12,500,000 linked to a daily-reset -3× inverse exposure to the Solactive MicroSectors™ U.S. Big Oil Index. Each ETN has a principal amount of $125 (post 1-for-5 reverse split) and matures on February 17, 2045.
The ETNs reset leverage daily, deduct a 0.95% per annum Daily Investor Fee, may charge a Redemption Fee Amount of 0.125%, and incorporate a Daily Interest equal to the Federal Funds Effective Rate minus an Interest Rate Spread (initially 2.00% per annum, adjustable up to 4.00% per annum). The ETNs are unsecured obligations of Bank of Montreal, are listed under ticker NRGD, are intended as short-term trading tools (not buy-and-hold), and may lose their entire value; payments are subject to issuer credit risk.
Bank of Montreal is offering exchange-traded notes (ETNs) linked to a daily -3x inverse exposure to the Solactive MicroSectors™ Energy Index. The tranche consists of 500,000 notes outstanding as of March 10, 2026, representing an aggregate principal amount of $12,500,000.
Each note has a $25 principal amount, does not pay interest, and is listed on the NYSE under the symbol WTID. A Daily Investor Fee of 0.95% per annum, a possible negative Daily Interest (based on the US Federal Funds Effective Rate minus an Interest Rate Spread initially 2.00%, adjustable up to 4.00%), and a Redemption Fee of 0.125% will reduce returns. The notes do not guarantee return of principal and are intended as daily trading tools, not buy-and-hold investments; investors may lose all principal.
Bank of Montreal is offering senior medium-term, equity-linked auto-callable notes due March 16, 2027 linked to the lowest performing of GE, Intel and JPMorgan. The original offering price is $1,000 per security, with proceeds to the bank of $984.25 per security after an agent discount of $15.75. The notes pay monthly contingent coupons (rate set at pricing, at least 16.50% per annum) subject to the lowest performing underlier meeting coupon thresholds, include an automatic-call feature tied to call thresholds, and expose holders to full downside on the lowest performing underlier at maturity (50% downside threshold). The estimated initial value at pricing is $979.00, not less than $929.00. Payments are unsecured obligations of Bank of Montreal and subject to its credit risk.
Bank of Montreal issues $2,000,000 Senior Medium‑Term Notes, Series K, due March 11, 2039. The Notes pay 5.00% per annum interest semi‑annually, are redeemable by the bank on specified semi‑annual Optional Redemption Dates, and are bail‑inable under the Canadian CDIC Act.
The Notes were issued at $1,000 per Note (original issue price), with underwriting discount of $10 per Note and proceeds to the Bank of $990 per Note. Interest payments commence September 11, 2026, and the Notes will not be listed on any exchange.