Bank of Montreal priced a supplementary offering of US$1,129,000 in Senior Medium-Term Notes, Series K — Capped Buffer Enhanced Return Notes linked to the S&P 500® Index. The notes offer 150.00% upside leverage subject to a $1,120.00 Maximum Redemption Amount per $1,000 principal and include an 80.00% buffer (Buffer Percentage 20.00%).
The notes pay at maturity based on the Final Level versus the Initial Level (Initial Level 6,878.88), with investors receiving principal only if the Reference Asset does not decline more than 20.00%. If the Reference Asset declines beyond the buffer, investors lose 1% of principal per 1% decline and could lose up to 80.00% of principal. The public offering price aggregates to 100% (total $1,129,000); the issuer’s estimated initial value was $983.60 per $1,000. All payments are subject to Bank of Montreal credit risk.
Bank of Montreal priced US$1,613,000 of Senior Medium-Term Notes, Series K — Capped Buffer Enhanced Return Notes due April 05, 2027 linked to the NASDAQ-100 Index®. The notes offer 200.00% upside leverage subject to a $1,112.00 Maximum Redemption Amount per $1,000 principal.
The notes return full principal at maturity only if the Final Level does not decline more than the 15.00% buffer (Buffer Level = 85.00% of the Initial Level). If the Final Level is below the Buffer Level, investors lose 1% of principal for each 1% decline beyond 15.00%, potentially losing up to 85.00% of principal. The initial estimated value was $983.87 per $1,000, and the public offering price was 100% of principal. All payments are subject to Bank of Montreal credit risk.
Bank of Montreal priced a structured note offering of Market Linked Securities with an original offering price of $1,000 per security and aggregate original offering amount of $5,458,000.00. The securities are auto-callable on March 4, 2027 and mature on March 2, 2029.
Each security links to the lowest performing of the SPDR® Gold Trust (GLD) and the iShares® Silver Trust (SLV). Key terms: a 200% upside participation rate, a 44% call premium if auto-called, and a threshold equal to 60% of each starting value (i.e., a >40% decline in the lowest performing underlier at maturity causes loss of principal).
Bank of Montreal is offering principal-protected contingent notes linked to the S&P 500® Index through a preliminary pricing supplement for a structured note issue. Each note has a $1,000 principal amount and an expected term with a determination date within 15 and 17 months of the trade date and a stated maturity shortly thereafter.
The notes provide an upside participation rate of 200% subject to a cap level expected between 105.85% and 106.86% of the initial underlier level, and a maximum settlement amount expected between $1,117.00 and $1,137.20 per $1,000 note. If the final underlier level declines by up to 12.50% from the initial level, the investor receives the principal; declines beyond that result in a loss equal to approximately 1.1429% of principal for each 1% decline below 87.50%.
The estimated initial value is expected to be between $956.10 and $986.10 per $1,000 note and will be less than the original issue price. The underwriting discount is $12.90, leaving proceeds to the issuer of $987.10 per note. The notes are unsecured obligations of Bank of Montreal, not exchange-listed, and are designed to be held to maturity.
Bank of Montreal is offering Senior Medium-Term Notes, Series K: market-linked, auto-callable securities tied to the U.S. Global Jets ETF (JETS) with a 15% buffer and a stated maturity of March 2, 2029. The pricing date was February 27, 2026 and the starting value of the Underlier was $28.45.
The securities have an original offering price of $1,000 and an estimated initial value of $958.09. Call dates begin March 4, 2027 with a 7.13% call premium and escalate to a final call premium of 21.39% on February 27, 2029. If not called, the maturity payment equals $1,000 × (performance factor + buffer), exposing holders to 1-to-1 downside beyond the 15% buffer (losses up to 85% of face amount).
Bank of Montreal is offering market-linked, auto-callable Senior Medium-Term Notes, Series K, with contingent coupons and principal at risk linked to the lowest performing of the Nasdaq-100, Russell 2000 and S&P 500.
The pricing date is March 6, 2026 and issue date is March 11, 2026. The original offering price is $1,000 per security (face amount $1,000); agent discount is $23.25, leaving proceeds to Bank of Montreal of $976.75 per security. The initial estimated value at this preliminary stage is $965.60 (not less than $915.00). The contingent coupon rate will be set on pricing and will be at least 9.06% per annum, paid monthly if the lowest-performing underlier meets a 75% coupon threshold on each calculation day.
The securities mature on March 9, 2029 unless automatically called on quarterly call dates. At maturity, if the lowest-performing underlier’s ending value is below its downside threshold (70% of starting value), the maturity payment equals $1,000 multiplied by that underlier’s performance factor, exposing holders to losses greater than 30%, potentially to zero. The offering is unsecured and subject to Bank of Montreal credit risk; tax treatment is uncertain for U.S. holders and withholding may apply to non-U.S. holders.
Bank of Montreal priced senior medium-term market-linked notes due March 2, 2029 linked to the lowest performing of the Nasdaq-100, Russell 2000 and S&P 500. The securities have a face amount of $1,000 and an estimated initial value of $969.24 per security on the pricing date.
The notes pay a quarterly contingent coupon at a per annum rate of 10.30% only if the lowest-performing underlier on each calculation day is at or above its coupon threshold (75% of its starting value). The notes are auto-callable if the lowest-performing underlier equals or exceeds its starting value on specified quarterly calculation days; if called, holders receive face amount plus a final contingent coupon. At maturity, if not called, principal is protected only to the extent the lowest-performing underlier's ending value is at least 75% of its starting value; if below, principal is reduced pro rata.
Bank of Montreal prices structured notes linked to the Russell 2000® Index. The offering is of Senior Medium-Term Notes, Series K, with an original offering price of $1,000 per security and an estimated initial value of $967 (not less than $917 at pricing).
The securities mature on April 4, 2028 and pay a cash maturity amount tied to the Russell 2000® Index. Terms include a 200% upside participation rate subject to a minimum maximum return of 24.50% (at least $245), a 10% downside buffer (threshold = 90% of the starting value), and potential loss of up to 90% of principal if the ending value is below the threshold. Agent discount per security is $25.75, with proceeds to Bank of Montreal of $974.25 per security.
Bank of Montreal (BMO) is offering Accelerated Return Notes® linked to the EURO STOXX 50® Index due April 30, 2027. Each unit has a $10.00 principal amount, an approximately 14 months term, a 300% participation rate and a Capped Value of $11.87 per unit (an 18.70% maximum return).
The pricing date initial estimated value was $9.73 per unit while the public offering price is $10.00, reflecting an underwriting discount of $0.175 and a hedging-related charge of $0.05 per unit. The Starting Value for the Index on the pricing date was 6,161.56. Payments, including principal repayment, depend on the Ending Value of the Index and are subject to BMO's credit risk: gains are capped at the Capped Value; losses can include loss of principal if the Index declines.
Bank of Montreal is offering Capped Leveraged Index Return Notes® linked to a basket of four stocks with a $10.00 per‑unit public offering price and aggregate public offering proceeds of $6,997,410.00. The notes mature on February 25, 2028 and pay a leveraged upside subject to a cap.
The notes reference a Basket of CAT, STX, CEG and NI with starting value 100.00, a 200% participation rate and a capped redemption per unit of $17.00 (a 70.00% return over principal). Repayment is subject to BMO's credit risk and fees include a $0.20 underwriting discount and a $0.05 hedging charge per unit.