Bank of Montreal is offering Market Linked Securities—auto‑callable, contingent coupon notes linked to the lowest performing common stock of NVIDIA, Oracle and UnitedHealth due June 1, 2029. The offering consists of securities with a face amount of $1,000 per security (original offering price $1,000), with total original offering price shown as $12,465,000. These unsecured notes pay a contingent monthly coupon at a 23.30% per annum rate (with a memory feature) only if the lowest performing Underlier on each calculation day is at or above its coupon threshold (60% of starting value). The notes are auto‑callable on specified monthly calculation days if the lowest performing Underlier is at or above its call threshold (90% of starting value). At maturity, if not called, principal repayment depends on the ending value of the lowest performing Underlier; full principal is returned only if that Underlier is at or above its downside threshold (60% of starting value), otherwise the maturity payment equals $1,000 multiplied by the performance factor, resulting in potential loss of more than 40% or complete loss. The estimated initial value per security on the pricing date was $952.67. All payments are subject to Bank of Montreal credit risk; these securities are complex, not FDIC‑insured, and are designed to be held to maturity or automatic call.
Bank of Montreal is offering Senior Medium-Term Notes, Series K: redeemable fixed-rate notes with a 5.10% per annum coupon and a stated maturity of June 15, 2033. The notes are issued at $1,000 per note (original issue price) with underwriting discount of $20 per note and net proceeds to the issuer of $980 per note. The notes are bail-inable under the Canada Deposit Insurance Corporation Act and may be converted, in whole or in part, into common shares under subsection 39.2(2.3) of the CDIC Act. Bank of Montreal may redeem the notes in whole (but not in part) on semi-annual optional redemption dates beginning June 15, 2028, at 100% of principal plus accrued interest. Interest is payable semi-annually on June 15 and December 15, commencing December 15, 2026. The notes will not be listed on any securities exchange.
Bank of Montreal is offering Market Linked Securities—leveraged upside, buffered downside notes linked to the Nasdaq-100 Index® due June 2, 2028. The face amount is $1,000 per security with an original offering price of $1,000 and an estimated initial value of $967.02 per security on the pricing date. Terms include a 125% upside participation rate capped at a 24.00% maximum return ($240 per security), a 15% buffer (threshold = 85% of the starting value) and 1-to-1 downside beyond the buffer (possible loss up to 85% of face). The pricing date was May 29, 2026, issue date June 3, 2026, and calculation (final) day is scheduled for May 30, 2028, each subject to postponement for market disruptions. The offering shows total original proceeds of $3,642,000 and proceeds to the issuer of $3,548,218.50. The securities are unsecured obligations of Bank of Montreal, subject to its credit risk, and do not pay interest or trade on an exchange.
Bank of Montreal is issuing MicroSectors™ -3× Short Artificial Intelligence (AI) ETNs due May 30, 2046. The ETNs seek to deliver daily −3× inverse exposure to the BITA AI Leaders Select NTR US Index, compounded daily and net of a 0.95% per annum Daily Investor Fee, potential negative daily interest (Federal Funds Effective Rate minus an initial 2.50% spread) and a 0.125% early redemption fee. The ETNs are unsecured senior obligations, carry significant path‑dependence and a pronounced decay risk from daily resetting leverage, and are intended as short‑term trading tools rather than buy‑and‑hold investments. Initial issuance was $25,000,000 (500,000 ETNs) at $50 principal per ETN; the ETNs will initially settle on June 3, 2026 and mature on May 30, 2046.
Bank of Montreal is issuing MicroSectors™ 3× Long Artificial Intelligence (AI) ETNs due May 30, 2046, initially selling $25,000,000 aggregate principal (1,000,000 ETNs) at $25 per ETN with initial settlement on June 3, 2026. The ETNs seek daily 3× leveraged exposure to the BITA AI Leaders Select NTR US Index (ticker BAILSN), subject to a Daily Financing Charge (Financing Rate = Federal Reserve Bank Prime Loan Rate plus a Spread initially 2.50%), a Daily Investor Fee (0.95% per annum) and a Redemption Fee Amount (0.125%). Returns are path dependent and the ETNs are designed as short‑term trading tools; they do not pay interest and do not guarantee return of principal. The ETNs will be listed, subject to notice of issuance, on NYSE under ticker AIQU. Investors face issuer credit risk, leverage/decay risk, liquidity and call/redemption limitations.
Bank of Montreal (BMO) priced US$1,525,000 in Senior Medium-Term Notes, Series K: Autocallable Buffer Notes due June 02, 2028, linked to the least performing of Broadcom (AVGO), Lockheed Martin (LMT) and Oracle (ORCL). The notes pay a Contingent Interest Rate of 9.40% per quarter when each reference asset on an Observation Date is at or above its Coupon Barrier Level and are subject to an automatic redemption feature beginning August 28, 2026. At maturity, if any Reference Asset is below its Buffer Level, investors face downside exposure to the least performing Reference Asset after a 30.00% buffer; otherwise principal is returned. The estimated initial value on the Pricing Date was $968.31 per $1,000. The notes are unsecured obligations of BMO and payable in cash only.
Bank of Montreal is offering US$2,501,000 aggregate principal of Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons linked to the least performing of McDonald’s Corporation (MCD) and the S&P 500® Index (SPX). The notes price at 100% of principal with an estimated initial value of $988.26 per $1,000. Contingent coupons equal 0.7825% per month (approximately 9.39% per annum) payable monthly if each Reference Asset on an Observation Date is at or above its Coupon Barrier. The notes settle on June 02, 2026 and mature on June 02, 2028. Beginning May 27, 2027 the notes are subject to automatic redemption if each Reference Asset is at or above its Call Level on an Observation Date. At maturity, if a Trigger Event occurred (Final Level below 65.00% of Initial Level for either Reference Asset), repayment will be reduced based on the percentage change of the least performing Reference Asset.
Bank of Montreal priced a US$1,180,000 issuance of Senior Medium-Term Notes, Series K—Callable Barrier Notes with Contingent Coupons linked to the least performing of GDX, NDX and KRE. The Pricing Date is May 28, 2026, Settlement Date June 02, 2026 and Valuation Date April 27, 2028. The notes pay monthly contingent coupons at 1.6167% per month (approximately 19.40% per annum) if each Reference Asset on an Observation Date is at or above its Coupon Barrier Level, and are callable by the issuer beginning on February 25, 2027. At maturity, if a Trigger Event occurs for the Least Performing Reference Asset (Final Level below its Trigger Level), the holder will receive $1,000 plus the Percentage Change of the Least Performing Reference Asset, which may reduce the principal and could be zero. The pricing supplement states an estimated initial value of $972.50 per $1,000 on the Pricing Date and shows a public offering price near par with proceeds to the issuer reflected as 99.625% of principal amount.
Bank of Montreal priced a US$2,399,000 offering of Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due June 04, 2029, linked to the least performing of the S&P 500®, the Russell 2000® and the Nasdaq-100 Technology Sector Index. The Pricing Date was May 28, 2026, settlement is June 02, 2026 and the Valuation Date is May 30, 2029.
Key economics: contingent coupons pay 0.90% per month (approximately 10.80% per annum) when each Reference Asset closes at or above its Coupon Barrier (70% of initial level); a Trigger Event occurs if any Reference Asset’s Final Level is below its Trigger Level (60% of initial level), producing downside exposure where maturity payment equals $1,000 × Percentage Change of the least performing Reference Asset. The estimated initial value on the Pricing Date was $984.07 per $1,000.
Bank of Montreal priced US$2,141,000 of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons due June 02, 2028, linked to the least performing of Tesla, Inc. and NVIDIA Corporation. The notes pay a contingent coupon of 1.9167% per month (approximately 23.00% per annum) when each Reference Asset closes at or above its Coupon Barrier on an Observation Date. The public offering price was 100% of principal; the estimated initial value was $969.98 per $1,000 on the Pricing Date.
If not autocalled, at maturity holders receive $1,000 per $1,000 unless a Trigger Event occurs; if the Final Level of the least performing Reference Asset is below its Trigger Level, payment equals $1,000 plus $1,000 times that Reference Asset’s Percentage Change. The notes are unsecured obligations of the Bank and payable in cash only.