Bank of Montreal priced US$580,000 Senior Medium-Term Notes, Series K: Callable Barrier Notes with Contingent Coupons linked to the least performing of the S&P 500, NASDAQ-100 and Russell 2000. The notes pay a contingent coupon of 0.8583% per month (≈10.30% per annum) when each Reference Asset is at or above its Coupon Barrier (70% of the Initial Level), are callable by the issuer beginning on March 05, 2027, and mature on March 10, 2028. The cover shows an estimated initial value of $979.69 per $1,000 principal amount and a public offering price of 100% (agents’ commission 0.25%). Payments at maturity depend on the Final Level of the Least Performing Reference Asset and may result in loss of principal if a Trigger Event occurs.
Bank of Montreal priced Senior Medium-Term Notes, Series K, Redeemable Fixed Rate Notes due March 23, 2029. The Notes are issued at $1,000 per Note (original issue price) with a stated interest rate of 4.15% per annum, payable semi-annually beginning September 23, 2026. The Trade Date is March 19, 2026 and the Issue Date is March 23, 2026.
The Notes are redeemable at the issuer's option, in whole but not in part, on semi-annual Optional Redemption Dates commencing March 23, 2027. These Notes are bail-inable under the Canadian deposit insurance resolution regime (CDIC Act) and may be converted into common shares under subsection 39.2(2.3) of the CDIC Act. The underwriting discount is $10 per Note, leaving proceeds to the issuer of $990 per Note.
Bank of Montreal offers Senior Medium-Term Notes, Series K — Redeemable Fixed Rate Notes due March 12, 2029 with a stated interest rate of 4.30% per annum and a principal amount of $1,000 per Note. Interest is paid semi‑annually commencing September 12, 2026. The Notes are redeemable by Bank of Montreal on semi‑annual Optional Redemption Dates beginning March 12, 2027 at 100% of principal plus accrued interest. The original issue price is $1,000.00 per Note, underwriting discount $5.00, and proceeds to the issuer $995.00 per Note. The Notes will not be listed on any exchange and are bail‑inable under the Canada Deposit Insurance Corporation Act, permitting conversion into common shares under subsection 39.2(2.3).
Bank of Montreal priced a structured, equity-linked note: an auto-callable, contingent-coupon security linked to the lowest performing of the Class A common stock of Alphabet Inc. (GOOGL) and the common stock of Marvell Technology, Inc. (MRVL). The securities have a $1,000 face amount, an original offering price of $1,000 per security and an estimated initial value of $962.35.
The contingent coupon rate is 19.10% per annum, paid monthly if the lowest performing underlier on a calculation day is at or above its coupon threshold (60% of starting value). The securities may be auto-called if the lowest performing underlier on a calculation day from September 2026 to February 2028 is at or above its starting value; stated maturity is March 9, 2028. If not called, maturity payment depends on the ending value of the lowest performing underlier and is subject to a downside threshold equal to 50% of the starting value. The securities are unsecured obligations of Bank of Montreal and are subject to its credit risk.
Bank of Montreal is offering non‑interest, principal‑at‑risk notes linked to the S&P 500® Index, with a trade date of March 5, 2026 and a stated maturity of June 17, 2027 (subject to postponement).
Per $1,000 principal, the notes pay: full principal if final index ≥ 87.50% of the initial level; a positive upside equal to 200% participation up to a $1,134.40 cap if the index rises; and a leveraged loss of approximately 1.1429% of principal for each 1% decline below 87.50%. The initial estimated value is $986.03 per $1,000; original issue price is $1,000.00. The notes are unsecured obligations of Bank of Montreal and carry issuer credit risk.
Bank of Montreal priced a preliminary offering of market-linked, auto-callable senior notes (face amount $1,000) linked to the lowest performing of the common stocks of General Electric, Intel and JPMorgan Chase. Pricing date was March 11, 2026, issue date March 16, 2026, and stated maturity March 16, 2028.
The notes pay monthly contingent coupons only if the lowest-performing underlier on each calculation day is at or above its coupon threshold; the contingent coupon rate will be set at pricing at no less than 17.70% per annum. The securities are auto-callable if the lowest-performing underlier meets its call threshold on certain monthly observation dates. At maturity, principal is preserved only if the lowest-performing underlier is at or above its downside threshold (set at 50% of its starting value); otherwise the maturity payment equals $1,000 times that underlier's performance factor.
Bank of Montreal is offering US$700,000 in Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons maturing March 09, 2028.
The notes pay a Contingent Coupon of 0.8958% per month (approximately 10.75% per annum) if each Reference Asset is at or above its Coupon Barrier (75% of initial) on Observation Dates. The notes reference the S&P 500®, NASDAQ-100® and Russell 2000®. An automatic redemption may occur beginning March 04, 2027 if all Reference Assets close at or above their Call Level (100% of initial) on an Observation Date. At maturity, if any Reference Asset’s Final Level is below its Trigger Level (70% of initial), the cash payment will be reduced based on the Percentage Change of the Least Performing Reference Asset. The estimated initial value on the Pricing Date was $985.01 per $1,000 principal amount.
Bank of Montreal is offering US$300,000 of Senior Medium‑Term Notes, Series K: autocallable barrier notes linked to the common stock of Kratos Defense & Security Solutions, Inc. (KTOS), maturing on March 09, 2028. The notes pay a monthly Coupon of 1.5208% (approximately 18.25% per annum) and are callable beginning on March 04, 2027 if the reference stock closes at or above its Call Level.
If not called, maturity payoff is cash only and depends on the Final Level relative to a Trigger Level set at $45.36 (50.00% of the Initial Level). An estimated initial value on the Pricing Date was $963.32 per $1,000 principal; the public offering price was 100% of principal with proceeds to the bank of approximately 99.625%.
Bank of Montreal priced $561,000 Senior Medium-Term Notes, Series K, an autocallable, memory-coupon structured note due March 09, 2028. The notes pay contingent quarterly coupons at a 3.1325% rate (approximately 12.53% per annum) if each reference asset meets its coupon barrier on observation dates.
The notes are linked to the least performing of the S&P 500® (SPX), Russell 2000® (RTY) and the State Street SPDR S&P Oil & Gas E&P ETF (XOP). Coupon and trigger levels are set at 70.00% of each Initial Level. Automatic redemption occurs if on any observation date each asset is at or above 100.00% of its Initial Level. Estimated initial value was $966.32 per $1,000 principal on the pricing date.
Bank of Montreal priced US$1,987,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the least performing of the S&P 500®, NASDAQ-100® and Russell 2000®, due March 09, 2029. The notes pay a contingent coupon of 0.9833% per month (approximately 11.80% per annum) if each reference asset closes on a Coupon Observation Date at or above its Coupon Barrier Level, and include an automatic redemption feature on specified Call Observation Dates.
The payment at maturity, if not auto‑redeemed, depends on the Percentage Change of the Least Performing Reference Asset; if a Trigger Event occurs the maturity payout equals $1,000 + [$1,000 x Percentage Change of the Least Performing Reference Asset]. The pricing supplement states an estimated initial value of $983.29 per $1,000 principal amount on the Pricing Date (March 04, 2026).