Every 424B that Bank of Montreal (BMO) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow BMO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BMO filings page.
Bank of Montreal is offering US$1,430,000 of Senior Medium-Term Notes, Series K — capped enhanced return notes maturing July 08, 2027 — linked to an equally weighted basket of SYK and TMO. The notes provide 300.00% upside leverage subject to a Maximum Redemption Amount of $1,245.00 per $1,000 principal and impose a one-for-one loss if the Basket declines. The notes pay no interest, are unsecured obligations of the Bank, and are payable only in cash. The initial estimated value was $975.88 per $1,000; price to public equals $1,000 per note (100%).
Bank of Montreal is offering US$765,000 of Senior Medium‑Term Notes, Series K — autocallable barrier enhanced‑return notes linked to the common stock of Marvell Technology, Inc. The notes mature on July 09, 2029 and are designed to provide 200.00% upside leverage on any appreciation if not autocalled.
The notes are subject to automatic redemption on July 08, 2027 if the Reference Asset closes above the Call Level of $244.85; in that case investors receive principal plus a Call Amount of $590.00 per note. If not autocalled and the Final Level is below the Barrier Level of $136.03, investors incur a linear loss of principal equal to the percentage decline in the Reference Asset.
The Bank of Montreal is offering US$1,281,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Enhanced Return Notes due July 07, 2028 linked to an equally weighted basket of six asset-manager equities. The notes pay no interest, carry a 250.00% Upside Leverage Factor, an Initial Level of 100.00 and a Barrier Level of 60.00. If the Basket exceeds its Call Level on July 08, 2027, notes will be auto‑redeemed for principal plus a $150 Call Amount (≈15.00% per annum). If not called and the Basket falls below the Barrier, investors lose 1% of principal for each 1% decline.
Bank of Montreal is offering $1,000,000 aggregate principal of Senior Medium-Term Notes, Series K — redeemable fixed-rate notes with a 5.35% per annum coupon, issued at $1,000.00 per note. The notes have an issue date of July 7, 2026 and a stated maturity date of July 7, 2036.
The notes pay interest semi‑annually on January 7 and July 7, are redeemable in whole (but not in part) by Bank of Montreal on specified semi‑annual optional redemption dates at 100% of principal plus accrued interest, and are not callable by holders. The notes are unsecured and bail‑inable under the CDIC Act, permitting conversion into common shares of the Bank or affiliates under specified Canadian resolution powers.
Bank of Montreal is offering US$698,000 in Senior Medium-Term Notes, Series K: Step Down Autocallable Barrier Notes due July 09, 2029, linked to the least performing of AVGO, TSM ADRs and FOUR. The notes priced on July 01, 2026 with settlement on July 07, 2026.
The notes pay automatic redemption amounts if, on an Observation Date beginning July 01, 2027, each reference asset is at or above its Call Level; scheduled Call Amounts rise across observation dates up to $1,005.00 per note at the Valuation Date. If not called, maturity payment depends on the performance of the least performing reference asset and may result in loss of principal if a Trigger Event occurs (Final Level below 50.00% of Initial Level for each reference asset).
Bank of Montreal priced US$3,937,000 Senior Medium-Term Notes, Series K, Autocallable Barrier Notes with Memory Coupons due July 09, 2029, linked to the least performing of the common stock of Broadcom Inc. and NVIDIA Corporation. The Pricing Date is July 01, 2026, Settlement Date July 07, 2026, and Valuation Date July 03, 2029. Each $1,000 note pays a Contingent Coupon of $41.75 per quarter (a 4.175% quarterly rate; approximately 16.70% per annum) if both reference assets close at or above their Coupon Barrier Levels on an Observation Date.
The Coupon Barrier Level and Trigger Level for AVGO and NVDA are each set at 50.00% of their Initial Levels ($184.67 for AVGO; $98.79 for NVDA). The notes auto‑redeem if, on an Observation Date beginning January 06, 2027, both Reference Assets close at or above 100.00% of their Initial Levels. The issuer’s estimated initial value was $973.35 per $1,000 principal on the Pricing Date.
Bank of Montreal priced US$263,000 aggregate principal of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons linked to the common stock of Philip Morris International Inc. (PM). The Pricing Date was July 01, 2026, Settlement Date July 07, 2026, Valuation Date August 04, 2027 and Maturity Date August 09, 2027.
The notes pay a contingent coupon of 0.9792% per month (~11.75% per year) when the Reference Asset on an Observation Date is at or above the Coupon Barrier Level of $135.04 (which is 76.00% of the Initial Level). The notes are subject to automatic redemption beginning on January 06, 2027 if the Reference Asset closing level on an Observation Date is at or above the Call Level (100% of Initial Level).
If not called, maturity payment is cash: $1,000 per $1,000 principal unless a Trigger Event occurs (Final Level < Trigger Level of $135.04), in which case the investor receives $1,000 x (Final Level/Initial Level). The pricing supplement states an estimated initial value of $969.88 per $1,000 principal on the Pricing Date and a public offering price at or near $1,000 per $1,000.
Bank of Montreal priced a US$10,000 Senior Medium-Term Note issuance: Series K Autocallable Barrier Notes linked to the common stock of Philip Morris International Inc. The notes have a Pricing Date of July 01, 2026, a Settlement Date of July 07, 2026, a Valuation Date of August 04, 2027 and a Maturity Date of August 09, 2027.
The notes pay contingent monthly coupons of 1.1875% per month (approximately 14.25% per annum) when the Reference Asset closes on an Observation Date at or above the Coupon Barrier Level of $135.04 (which equals 76.00% of the Initial Level). Beginning January 06, 2027, the notes are subject to automatic redemption if the Reference Asset closes at or above the Call Level (100% of the Initial Level) on an Observation Date. If not autocalled, maturity pay‑off is cash only and depends on the Final Level vs. the Trigger Level ($135.04); a Trigger Event (Final Level below Trigger Level) causes a downside cash payment equal to $1,000 × Percentage Change plus principal, which can be substantially less than principal.
The public offering price was 100% of principal ($10,000 principal shown), the estimated initial value was $984.69 per $1,000, the Agent’s Commission was 0.65% ($65.00), and proceeds to Bank of Montreal are shown as 99.35% ($9,935.00). The issuer and agent disclaim FDIC/other deposit insurance and note important tax and market risks in the supplement.
Bank of Montreal priced US$3,686,000 Senior Medium-Term Notes, Series K, a callable barrier note with contingent coupons linked to the least performing of XLE (Energy Select Sector SPDR ETF), the Russell 2000® Index and the S&P MidCap 400® Index.
The notes pay a contingent quarterly coupon of 2.9375% (approximately 11.75% per annum) when each Reference Asset on an Observation Date is at or above its Coupon Barrier Level (70% of the Initial Level). The notes are callable by the issuer beginning on December 30, 2026. If not called, at maturity on July 06, 2029, holders receive $1,000 per note unless a Trigger Event occurs; if the Least Performing Reference Asset finishes below its Trigger Level (70% of Initial Level) the maturity payment is reduced pro rata by that asset’s percentage decline. The estimated initial value was $987.76 per $1,000 on the pricing date of June 30, 2026. Terms reference anti-dilution adjustments, market disruption provisions, and tax characterization guidance in the accompanying product and prospectus supplements.
Bank of Montreal priced US$2,408,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to Spotify ordinary shares. The notes were priced on June 30, 2026, settle on July 06, 2026, and mature on July 02, 2029. Each $1,000 note was offered at 100% of principal; the issuer reports an estimated initial value of $972.78 per $1,000. The notes pay a 4.50% quarterly contingent coupon (approximately 18.00% per annum) when the Reference Asset closes at or above a coupon barrier of $275.48 (60.00% of the Initial Level) on observation dates. The notes are autocallable if Spotify closes at or above the Call Level (100% of the Initial Level) on any Observation Date, in which case investors receive principal plus the contingent coupon then due. At maturity, if the Final Level is below the Trigger Level ($275.48), holders receive a cash amount equal to $1,000 plus $1,000 times the Percentage Change in the Reference Asset, which can result in loss of principal.
Bank of Montreal (BMO) priced a primary offering of US$449,000 in Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to the least performing of the Russell 2000®, the Dow Jones Industrial Average® and the Nasdaq-100 Technology Sector Index. The notes were priced on June 30, 2026, settle on July 06, 2026 and mature on June 06, 2028. The notes pay a Contingent Coupon of 0.7292% per month (approximately 8.75% per annum) when each Reference Asset is at or above its Coupon Barrier on an Observation Date. They are autocallable beginning December 31, 2026 if each Reference Asset is at or above its Call Level, in which case holders receive principal plus the applicable Contingent Coupon. At maturity, if not called and if a Trigger Event occurred (Final Level of any Reference Asset below its Trigger Level of 60.00% of Initial Level), payment equals $1,000 plus the percentage change of the least performing Reference Asset, which can result in losses of principal. The pricing supplement states an estimated initial value of $973.97 per $1,000 principal on the Pricing Date.
Bank of Montreal (BMO) priced US$532,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons due July 06, 2029. The notes link to the S&P 500®, Russell 2000® and the Nasdaq-100 Technology Sector indices and settle on July 06, 2026.
Contingent coupons equal 0.875% per month (~10.50% per annum) and pay monthly if each reference asset on the Observation Date is at or above its Coupon Barrier (70% of the Initial Level). Notes autocall if, on any Observation Date beginning December 31, 2026, each index is at or above its Call Level (100% of its Initial Level). At maturity, if a Trigger Event (any Final Level below 70% of its Initial Level) occurs, principal is reduced proportionally to the Least Performing Reference Asset; hypothetical examples show possible maturity payments from $1,000 down to $0 per $1,000.
Bank of Montreal is offering US$682,000 of Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due July 06, 2028. The notes pay a contingent coupon of 0.80% per month (approximately 9.60% per annum) if each Reference Asset on an Observation Date is at or above its Coupon Barrier (60% of the Initial Level). Pricing Date was June 30, 2026, Settlement Date July 06, 2026, and the estimated initial value was $992.08 per $1,000 principal. If, on the Valuation Date (June 30, 2028), any Reference Asset is below its Trigger Level (60% of Initial Level), a Trigger Event occurs and the maturity payment will be $1,000 plus $1,000 times the Percentage Change of the Least Performing Reference Asset, which may be less than principal and could be zero. The notes are unsecured obligations of the Bank and are not FDIC‑insured.
Bank of Montreal priced a US$250,000 Series K Senior Medium-Term Note structured as an Autocallable Barrier Note with Memory Coupons linked to Robinhood Markets, Inc. Class A common stock (HOOD). The notes pay a contingent monthly coupon of 1.61% (approximately 19.32% per annum) when the Reference Asset closes at or above a coupon barrier of $50.14 (50.00% of the Initial Level). The Initial Level is $100.28 and the notes may be automatically redeemed beginning on December 31, 2026 if the Reference Asset closes above its Call Level. At maturity on January 06, 2028, if no automatic redemption occurs and the Final Level is below the Trigger Level ($50.14), holders will receive a reduced cash amount tied to the percentage change in the Reference Asset; otherwise they receive full principal. The estimated initial value was $942.08 per $1,000 on the pricing date.
The Bank of Montreal priced US$1,844,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons due July 06, 2027. The notes link to the Least Performing of the S&P 500® and the Russell 2000® indices.
Key economics: pricing date June 30, 2026, settlement July 06, 2026, valuation date June 30, 2027. Contingent coupons pay 2.85% per quarter (≈ 11.40% per annum) if each reference asset is at or above its coupon barrier on observation dates. The notes autocalI on observation dates when both references are at or above their Call Level (100% of Initial Level). If not autocalIed, maturity payoff depends on the Least Performing Reference Asset and may return less than principal if a Trigger Event occurs.
Bank of Montreal priced US$500,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the least performing of Chevron (CVX), Microsoft (MSFT) and MasTec (MTZ). The notes settle on July 06, 2026 and mature on July 06, 2028. Contingent monthly coupons equal 1.8542% (about 22.25% per annum) payable when each reference asset equals or exceeds its Coupon Barrier (60.00% of its Initial Level). Automatic redemption may occur beginning on December 31, 2026 if each Reference Asset is at or above its Call Level (100% of Initial Level). At maturity, if a Trigger Event occurs (Final Level of any Reference Asset < Trigger Level), payment equals $1,000 plus $1,000 times the Percentage Change of the least performing Reference Asset; this amount may be less than principal and could be zero. The estimated initial value on the Pricing Date was $964.33 per $1,000 principal amount.
Bank of Montreal priced US$341,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons due July 06, 2028. The notes reference the S&P 500® (SPX), Russell 2000® (RTY) and Nasdaq-100 Technology Sector (NDXT). Contingent coupons of 0.8917% per month (approximately 10.70% per annum) are payable monthly if each Reference Asset on an Observation Date is at or above its Coupon Barrier (70% of Initial Level). Beginning December 31, 2026, the notes may be automatically redeemed if each Reference Asset is at or above its Call Level (100% of Initial Level) on an Observation Date; on automatic redemption investors receive principal plus the applicable Contingent Coupon. At maturity (if not called) holders receive $1,000 per $1,000 unless a Trigger Event occurred; if a Trigger Event occurred the maturity payoff equals $1,000 plus $1,000 multiplied by the Percentage Change of the Least Performing Reference Asset, which may result in a payment below principal, including zero. The Pricing Date was June 30, 2026 and the estimated initial value was $970.95 per $1,000 on that date.
Bank of Montreal (BMO) priced a US$2,624,000 offering of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons due July 06, 2029. The notes pay a contingent coupon of 1.375% per month (approximately 16.50% per annum) if each reference asset meets monthly coupon barrier tests.
If not auto-redeemed, maturity payment depends on the Least Performing Reference Asset; a Trigger Event occurs if any Final Level is below its Trigger Level (50% of Initial Level), reducing principal by the Percentage Change of that asset. Estimated initial value on the Pricing Date was $975.75 per $1,000 principal amount.
Bank of Montreal priced US$839,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons due July 08, 2030, linked to the least performing of the S&P 500, Russell 2000 and the Nasdaq-100 Technology Sector indices. The notes pay a contingent coupon of 0.7083% per month (approximately 8.50% per annum) if, on each Observation Date, every Reference Asset is at or above its Coupon Barrier Level.
If not autocalled, at maturity investors receive $1,000 per $1,000 principal unless a Trigger Event occurred; if a Trigger Event occurred, the maturity payment equals $1,000 plus $1,000 times the Percentage Change of the Least Performing Reference Asset, which may be less than principal or zero. The Pricing Date was June 30, 2026, Settlement Date July 06, 2026, Valuation Date July 02, 2030.
Bank of Montreal (BMO) priced US$519,000 of Senior Medium-Term Notes, Series K: callable barrier notes with contingent monthly coupons linked to the least performing of the NASDAQ-100 (NDX), Russell 2000 (RTY) and Dow Jones Industrial Average (INDU). The Pricing Date was June 30, 2026, Settlement Date July 06, 2026, Valuation Date January 03, 2028 and Maturity Date January 06, 2028.
If, on an Observation Date, each Reference Asset closes at or above its Coupon Barrier Level, a Contingent Coupon of 1.05% per month (approximately 12.60% per annum) will be paid. The issuer may call the notes beginning on October 01, 2026 on any Observation Date. At maturity, if a Trigger Event occurred (any Final Level below its Trigger Level), investors receive $1,000 × Percentage Change of the Least Performing Reference Asset, which may be less than principal and could be zero; otherwise investors receive $1,000.
Bank of Montreal (BMO) is offering US$912,000 principal amount of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons due January 06, 2028. The notes pay a contingent coupon of 1.0333% per month (approximately 12.40% per annum) when each Reference Asset closes at or above its Coupon Barrier on an Observation Date. The notes are linked to the least performing of the NASDAQ-100 (NDX), Russell 2000 (RTY) and Dow Jones Industrial Average (INDU). If not autocalled, maturity payout equals $1,000 plus the percentage change of the least performing Reference Asset, subject to a Trigger Event if any Final Level is below 70.00% of its Initial Level. Pricing Date was June 30, 2026, settlement July 06, 2026, valuation date January 03, 2028. The estimated initial value was $991.37 per $1,000.
Bank of Montreal (BMO) priced US$833,000 Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due January 06, 2028 — linked to the least performing of the S&P 500® and the Russell 2000®. The notes pay a contingent monthly coupon of 0.7083% (approximately 8.50% per annum) when each Reference Asset on an Observation Date is at or above its Coupon Barrier Level (70% of the Initial Level). The notes are callable by Bank of Montreal beginning December 31, 2026 on Observation Dates; if not called, principal at maturity depends on the Percentage Change of the Least Performing Reference Asset and may be less than principal (full loss possible). Initial levels: SPX 7,499.36, RTY 3,024.367; Coupon/Trigger Levels: SPX 5,249.55, RTY 2,117.057 (each 70% of Initial Level). The pricing date was June 30, 2026, settlement July 06, 2026, valuation date January 03, 2028. The cover shows an estimated initial value of $983.65 per $1,000 on the Pricing Date and a public offering price at or near par.
Bank of Montreal priced US$1,786,000 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 price on June 30, 2026, settle on July 06, 2026, and mature on June 06, 2028.
The notes pay a contingent coupon of 0.8542% per month (approximately 10.25% per annum) when each Reference Asset on an Observation Date is at or above its Coupon Barrier Level (70% of initial level). At maturity, if any Reference Asset’s Final Level is below its Trigger Level (70% of Initial Level), investors receive $1,000 × Percentage Change of the Least Performing Reference Asset plus $1,000, which may be less than principal. The estimated initial value was $975.91 per $1,000 on the Pricing Date.
Bank of Montreal (BMO) priced a US$235,000 offering of Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons due July 06, 2029. The notes pay a contingent coupon of 0.75% per month (≈9.00% per annum) if each Reference Asset is at or above its 75.00% Coupon Barrier on observation dates. The Reference Assets are the S&P 500® (SPX), the Russell 2000® (RTY) and the Dow Jones Industrial Average® (INDU). The notes are callable beginning June 30, 2027 if on an Observation Date each Reference Asset is at or above its Call Level (100% of Initial Level). At maturity, if not called, payment depends on the Percentage Change of the Least Performing Reference Asset and may be less than principal; a Trigger Event occurs if any Final Level is below its 75.00% Trigger Level. The estimated initial value on the Pricing Date was $972.02 per $1,000 principal amount, and the public offering price was generally 100% (with certain fee‑based accounts receiving prices between $984 and $1,000).
Bank of Montreal priced US$911,000 of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Contingent Coupons linked to the least performing of the VanEck® Semiconductor ETF (SMH) and the Dow Jones Industrial Average® (INDU).
The notes pay a contingent monthly coupon of 1.2292% per month (approximately 14.75% per annum) when each reference asset on an Observation Date is at or above its 70% Coupon Barrier; they may autocall beginning June 30, 2027. At maturity on July 06, 2028, if a Trigger Event occurred, payment equals $1,000 × (1 + Percentage Change of the Least Performing Reference Asset), which can be less than principal.
Bank of Montreal priced a US$789,000 offering of Senior Medium-Term Notes, Series K — market-linked notes due July 06, 2029 — linked to the least performing of iShares® MSCI EAFE ETF (EFA) and the EURO STOXX 50® Index (SX5E).
The notes provide 1-to-1 upside exposure to the Least Performing Reference Asset up to a Maximum Redemption Amount of $1,500.00 per $1,000 principal (a 50.00% cap). If the Final Level of the Least Performing Reference Asset is below or equal to its Initial Level, the notes repay only the $1,000 principal. Payments are unsecured obligations of Bank of Montreal and subject to its credit risk.
Bank of Montreal priced US$1,773,000 Senior Medium-Term Notes, Series K: autocallable Barrier Enhanced Return Notes due July 06, 2029 linked to the least performing of the Dow Jones Industrial Average, the NASDAQ-100 and the Russell 2000. The notes pay no interest and may be automatically redeemed on July 7, 2027 if each reference asset closes above its Call Level; in that case holders receive principal plus a $210.00 Call Amount per $1,000 principal (approximately 21.00% per annum). If not called, maturity payoff depends on the Least Performing Reference Asset: positive returns are amplified by an Upside Leverage Factor of 175.00%; losses below a Barrier Level (70.00% of initial) produce dollar-for-dollar losses (you lose 1% of principal for each 1% decline below initial). The issuer’s estimated initial value was $968.36 per $1,000 and the public offering price was $1,000 per $1,000. All payments are subject to the credit risk of Bank of Montreal.
The Bank of Montreal is offering $2,369,000 of Senior Medium‑Term Notes, Series K, linked to the least performing of the S&P 500® and Russell 2000®. The notes pay no interest, mature on July 06, 2028, and were priced on June 30, 2026 with settlement on July 06, 2026. Investors receive 1‑for‑1 upside exposure up to a Maximum Redemption Amount of $1,155.00 per $1,000 (a 15.50% capped return). If the least performing reference asset declines, holders receive only principal at maturity. The issuer’s credit risk (Bank of Montreal) applies, the notes are unlisted, and the initial estimated value was $978.05 per $1,000.
Bank of Montreal (BMO) is offering US$6,730,000 of Senior Medium-Term Notes, Series K — Digital Return Barrier Notes due August 06, 2027. The notes pay a 10.06% Digital Return if the Least Performing Reference Asset (the lower of the S&P 500® and Russell 2000®) finishes at or above 70.00% of its level on the Pricing Date. If that Least Performing Reference Asset falls below the 70% Barrier, investors suffer a pro rata loss of principal equal to the Percentage Change, potentially up to a 100% principal loss. The notes are unsecured obligations of BMO, issued in $1,000 denominations, not listed, and subject to BMO credit risk. The public offering price was 100% and the issuer’s estimated initial value was $992.73 per $1,000.
Bank of Montreal priced US$390,000 of Senior Medium-Term Notes, Series K (Digital Return Barrier Notes) linked to the least performing of the S&P 500® and Russell 2000®. The notes mature on October 06, 2027 and offer a Digital Return of 11.50% if the least performing index's Final Level is at least 75.00% of its Pricing Date Initial Level. If the Least Performing Reference Asset falls below the 75.00% barrier, holders experience a linear loss of principal equal to the Percentage Change, potentially losing up to 100% of principal. Payments are unsecured obligations of the Bank and subject to its credit risk; the estimated initial value was $977.67 per $1,000 principal on the Pricing Date.
Bank of Montreal is offering US$741,000 of Senior Medium‑Term Notes, Series K: autocallable, barrier, enhanced‑return notes due July 06, 2029, linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 and the S&P 500. The notes provide 200.00% upside leverage on any appreciation of the least performing index if the notes are not called. Beginning July 07, 2027, the notes will be automatically redeemed on an Observation Date if each reference asset exceeds its Call Level; the Call Amounts are $120 and $240 per $1,000 on the listed call dates. If not called and the least performing index falls below its Barrier Level (70% of Initial Level), investors lose 1% of principal for each 1% decline, potentially losing the entire principal. The notes pay no interest, are unsecured obligations of the Bank, and all payments are subject to the Bank of Montreal's credit risk.
Bank of Montreal is offering US$6,604,000 in Senior Medium-Term Notes, Series K, due August 06, 2027. The notes pay a Digital Return of 8.80% if the Final Level of the least performing of the S&P 500, NASDAQ-100 and Russell 2000 is 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 suffer a proportional loss of principal at maturity, potentially losing up to all principal. Payments are unsecured obligations of Bank of Montreal, will not be listed, and are subject to the issuer's credit risk.
Bank of Montreal priced US$2,951,000 of Senior Medium-Term Notes, Series K: Autocallable Barrier Enhanced Return Notes due July 06, 2029, linked to the S&P 500® Index. The notes offer 125.00% upside leverage on appreciation if not autocalled and feature an automatic redemption on July 07, 2027 if the index closes above its Call Level.
If autocalled, each note pays principal plus a $92 Call Amount (about 9.20% per annum). If not autocalled, maturity payoffs depend on the Final Level relative to the Initial Level of 7,499.36; a Barrier Level at 5,249.55 (70.00% of Initial) results in full principal protection only if Final Level is at or above the Barrier, while declines below the Barrier produce linear losses of principal up to 100%. The notes pay no interest, are unsecured obligations of the Bank, are subject to Bank of Montreal credit risk, and are not exchange-listed.
Bank of Montreal priced a primary offering of US$2,452,000 Senior Medium-Term Notes, Series K — Capped Contingent Risk Absolute Return Buffer Notes due July 06, 2028. The notes provide 300.00% upside leverage to the S&P 500® Index subject to a $1,202.00 Maximum Redemption Amount per $1,000 principal and a 10.00% downside buffer (Buffer Level = 90.00% of the Initial Level).
The notes pay no interest, are unsecured obligations of Bank of Montreal, and are subject to the issuer’s credit risk. If the Reference Asset falls below the Buffer Level, holders lose 1% of principal for each 1% decline beyond the buffer (up to 90.00% principal loss). The initial estimated value was $984.49 per $1,000 principal amount and the public offering price aggregated to $2,452,000.
Bank of Montreal (BMO) priced a structured market-linked note—Senior Medium-Term Notes, Series K—due July 3, 2029. Each security has a $1,000 face amount and an original offering price of $1,000. The notes pay monthly contingent coupons at an annual rate of 26.07% per annum if the lowest performing referenced stock meets its coupon threshold on the relevant calculation day. The notes are auto-callable if the lowest performing Underlier closes at or above its starting value on certain calculation days. At maturity, if not called, principal repayment depends on the performance of the lowest performing Underlier and may result in material loss if that Underlier falls below its downside threshold (50% of starting value). These unsecured obligations are subject to BMO credit risk and complex tax and market considerations.
Bank of Montreal priced US$3,199,000 Senior Medium-Term Notes, Series K — Capped Buffer Enhanced Return Notes linked to the S&P 500® Index, with settlement on July 06, 2026 and maturity on January 06, 2028.
The notes provide 150.00% upside leverage to positive S&P 500 returns subject to a Maximum Redemption Amount of $1,132.50 per $1,000 (a 13.25% capped return). They include an 80.00% buffer (you keep principal unless the index falls more than 20.00%); declines beyond the buffer reduce principal on a 1:1 basis, exposing holders to up to 80.00% principal loss. The issuer’s credit risk and lack of exchange listing apply.
Bank of Montreal is offering structured, equity-linked Senior Medium-Term Notes due July 3, 2029 with a face amount of $1,000 per security and an initial estimated value of $950.53 per security. The securities pay a 26.25% per annum contingent coupon monthly when the lowest-performing underlier meets its coupon threshold, are auto-callable if the lowest-performing underlier closes at or above its starting value on certain monthly calculation days, and provide downside principal exposure if the lowest-performing underlier on the final calculation day falls below its 50% downside threshold. The notes are unsecured obligations of Bank of Montreal and subject to its credit risk. The offering references three equity underliers: Datadog, Inc. (DDOG), International Business Machines Corporation (IBM) and Oracle Corporation (ORCL).
Bank of Montreal is offering US$204,000 of Senior Medium-Term Notes, Series K — Capped Buffer Enhanced Return Notes due July 06, 2029 linked to the least performing of the S&P 500® and the NASDAQ-100®. The notes provide 200.00% upside participation subject to a $1,390.00 maximum redemption per $1,000 principal and protect the first 15.00% of a decline in the least performing index; losses beyond that buffer reduce principal on a 1:1 basis, up to an 85.00% loss. The notes pay no interest, are unsecured obligations of Bank of Montreal, are not exchange-listed, and all payments are subject to the issuer’s credit risk. The initial estimated value on the pricing date was $963.13 per $1,000 in principal.
The Bank of Montreal priced Senior Medium-Term Notes, Series K: market-linked, auto-callable, contingent-coupon securities linked to the lowest performing common stock of Salesforce, Netflix and ServiceNow. The pricing date was June 30, 2026, issue date July 6, 2026, and stated maturity July 3, 2029. The original offering price is $1,000 per security and the initial estimated value was $964.23 per security.
Holders may receive monthly contingent coupons at a 23.55% per annum rate if, and only if, the lowest performing Underlier closes on each calculation day at or above its coupon threshold (60% of starting value). The securities auto-call if the lowest performing Underlier meets its call threshold (90% of starting value) on certain calculation days; if not called, maturity payment depends solely on the final lowest-performing Underlier and can result in loss of more than 40% of principal. The securities are unsecured obligations of Bank of Montreal and carry issuer credit risk.
Bank of Montreal priced US$649,000 of Senior Medium-Term Notes, Series K: Contingent Risk Absolute Return Barrier Notes due July 06, 2029, linked to the least performing of the NASDAQ-100, Russell 2000 and Dow Jones Industrial Average. The notes provide 200.00% upside exposure subject to a 59.00% cap (Maximum Redemption Amount of $1,590 per $1,000 principal). If the Least Performing Reference Asset declines but remains above its Barrier Level (set at 70.00% of the Initial Level), investors receive a capped positive downside return up to a Maximum Downside Redemption Amount of $1,300 per $1,000. If the Least Performing Reference Asset falls below the Barrier Level (a Barrier Event), holders lose 1% of principal for each 1% decline and may lose up to 100% of principal. Payments are unsecured obligations of the Bank of Montreal; all payments are subject to the Bank’s credit risk.
Bank of Montreal (BMO) priced US$1,158,000 of Senior Medium-Term Notes, Series K: Capped Contingent Risk Absolute Return Buffer Notes linked to the S&P 500® Index. The notes mature on July 06, 2029 and pay no periodic interest.
Per $1,000 principal, upside is 1:1 subject to a Maximum Redemption Amount of $1,310.00 (31.00%). A Buffer Level of 80.00% provides limited protection: if the final index level is between 80.00% and 100.00% of the initial level, investors receive a positive return up to a Maximum Downside Redemption Amount of $1,200.00. Losses occur dollar-for-dollar beyond the 20.00% buffer, with up to 80.00% principal loss possible. All payments are subject to BMO credit risk.
Bank of Montreal priced US$1,367,000 of Senior Medium-Term Notes, Series K — Capped Contingent Risk Absolute Return Buffer Notes — maturing July 06, 2028. The notes link to the S&P 500® Index with a 100.00% Upside Leverage Factor, a 17.00% Maximum Return (maximum redemption of $1,170.00 per $1,000) and a 20.00% buffer (Buffer Level = 80.00% of the Initial Level). The initial estimated value was $980.94 per $1,000; the public price was 100% ($1,000) per $1,000. Payments at maturity depend on the Final Level relative to the Initial and Buffer Levels; investors bear credit risk of Bank of Montreal and may lose up to 80.00% of principal if the Reference Asset falls more than the buffer.
Bank of Montreal priced US$378,000 of Senior Medium-Term Notes, Series K — market-linked notes due July 07, 2031 tied to the S&P 500® Futures Excess Return Index. The notes provide 137.50% upside leverage on any appreciation of the Reference Asset and return the $1,000 principal per note at maturity if the Final Level is less than or equal to the Initial Level. The offering price to public was 100% (aggregate $378,000), with an agent’s commission of approximately 1.2171% and an estimated initial value of $973.84 per $1,000 on the Pricing Date. Payments are unsecured obligations of the Bank and subject to the Bank’s credit risk; the notes do not bear interest, will not be listed, and may trade at prices below public offering levels in any secondary market.
Bank of Montreal (BMO) is offering $1,190,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due July 06, 2029.
The notes pay a Contingent Interest Rate of 2.6625% per quarter (approximately 10.65% per annum) when each Reference Asset meets its Coupon Barrier on an Observation Date, feature an automatic redemption if all Reference Assets are at or above their Call Level on an Observation Date, and return at maturity either full principal or a reduced cash amount tied to the Percentage Change of the Least Performing Reference Asset. The estimated initial value was $986.37 per $1,000 principal on the Pricing Date.
Bank of Montreal priced US$384,000 of Senior Medium-Term Notes, Series K — Digital Return Barrier Notes linked to the S&P 500® Futures Excess Return Index maturing on July 07, 2031. The notes pay a 65.00% Digital Return if the Reference Asset appreciates up to that level, provide one-to-one upside beyond that, and expose holders to full downside if the Reference Asset falls below a 70.00% Barrier (Barrier Level 420.51 based on an Initial Level of 600.73). The notes pay no interest, are unsecured obligations of the Bank, will not be listed, and all payments are subject to the Bank of Montreal’s credit risk. The estimated initial value at pricing was $972.76 per $1,000 principal.
Bank of Montreal priced US$843,000 of Senior Medium-Term Notes, Series K — Digital Return Barrier Notes due June 06, 2028. The notes pay a 20.30% Digital Return if the Least Performing Reference Asset finishes at or above 70.00% of its June 30, 2026 level. If the Least Performing Reference Asset falls below the 70.00% Barrier, investors lose 1% of principal for each 1% decline below the Initial Level, possibly losing the entire principal. The notes reference the S&P 500, NASDAQ-100 and Russell 2000, do not pay interest, are unsecured obligations of the Bank and carry issuer credit risk. Key dates: Pricing Date June 30, 2026, Settlement July 06, 2026, Valuation Date June 01, 2028, Maturity June 06, 2028.
Bank of Montreal priced US$277,000 of Senior Medium‑Term Notes, Series K — Capped Buffer Enhanced Return Notes linked to the MSCI EAFE® Index. The notes mature on January 06, 2028 with settlement on July 06, 2026. Investors receive 150.00% upside exposure to any appreciation in the index, capped at a Maximum Redemption Amount of $1,115.00 per $1,000 principal (a 11.50% return). The notes provide a 20.00% buffer (Buffer Level 2,493.37 for Initial Level 3,116.71); if the Final Level is below the buffer, holders lose 1% of principal for each 1% decline beyond the buffer, up to 80.00% loss. The public offering price was 100% (aggregate $277,000); agent commission 2.25%; proceeds to BMO 97.75%. Initial estimated value was $968.47 per $1,000. All payments are subject to Bank of Montreal credit risk.
Bank of Montreal priced US$594,000 of Senior Medium-Term Notes, Series K — Capped Barrier Enhanced Return Notes due August 06, 2027 — linked to the least performing of the S&P 500, NASDAQ-100 and Dow Jones Industrial Average. The notes offer 150.00% upside participation in appreciation of the least performing reference asset, capped at a Maximum Redemption Amount of $1,223.00 per $1,000 principal (a 22.30% maximum return). If the least performing reference asset falls below a Barrier Level equal to 70.00% of its Initial Level, holders lose 1% of principal for each 1% decline below the Initial Level and may lose up to 100% of principal. The notes do not bear interest, are unsecured obligations of Bank of Montreal and are subject to the issuer’s credit risk.
Bank of Montreal is offering Market Linked Securities — auto-callable notes due July 3, 2029 — with an original offering price of $1,000 per security and total original offering proceeds of $9,936,000.00. The issuer's estimated initial value per security on the pricing date was $952.52.
The notes pay a contingent monthly coupon at a contingent coupon rate of 21.85% per annum (paid monthly if the lowest performing Underlier meets its coupon threshold). Payments and principal depend on the lowest performing Underlier (Amazon, NVIDIA or Oracle), include a 60% downside threshold 40% decline in the lowest Underlier can reduce principal), feature monthly auto-call opportunities and are subject to the credit risk of Bank of Montreal.
Bank of Montreal is offering US$1,081,000 aggregate principal amount of Senior Medium-Term Notes, Series K — Capped Buffer Enhanced Return Notes due January 06, 2028, linked to the Russell 2000® Index. The notes provide 200.00% upside leverage up to a Maximum Redemption Amount of $1,190.00 per $1,000. A Buffer protects the first 10.00% of losses; declines beyond the Buffer cause investors to lose 1% of principal for each 1% decline, up to a 90.00% loss. The public offering price aggregated to $1,081,000 and the issuer’s estimated initial value was $973.56 per $1,000. All payments are subject to the credit risk of Bank of Montreal and the notes will not be listed.