Bank of Montreal prices Senior Medium‑Term Notes, Series K — fixed‑rate notes due May 14, 2029. The offering is for notes with a $1,000 principal amount per Note, an interest rate of 4.40% per annum, semiannual interest payments and an Issue Date of May 26, 2026. The notes are redeemable by Bank of Montreal on semiannual optional redemption dates at 100% of principal plus accrued interest and are bail‑inable under the Canada Deposit Insurance Corporation Act. The original issue price per Note is $1,000.00 with an underwriting discount of $10.00, leaving proceeds to the issuer of $990.00 per Note.
Bank of Montreal priced Senior Medium-Term Notes, Series K — redeemable fixed-rate notes due May 13, 2033. The Notes pay interest at 4.83% per annum, payable semi‑annually, have a $1,000 principal amount per Note and were issued on May 26, 2026. The issuer may redeem the Notes in whole (but not in part) on semi‑annual Optional Redemption Dates at 100% of principal plus accrued interest, beginning November 26, 2027. The Notes are bail‑inable and subject to conversion into common shares under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act; holders are deemed to agree to the CDIC Act provisions and related jurisdictional terms upon acquisition. The offering price was $1,000.00 per Note with an underwriting discount of $20.00, yielding proceeds to Bank of Montreal of $980.00 per Note.
The Notes are unsecured obligations, will not be listed on any exchange, and involve risks different from conventional debt, including credit risk and potential loss upon bail‑in conversion.
Bank of Montreal is offering Senior Medium-Term Notes, Series K: redeemable fixed-rate notes with a 4.65% per annum coupon and a stated maturity of May 13, 2031. The Notes are issued at $1,000.00 per Note with proceeds to the issuer of $985.00 per Note and an underwriting discount of $15.00 per Note. The Issue Date is May 26, 2026 and Interest is payable semi-annually on May 26 and November 26, with the first interest payment on November 26, 2026. The Notes are redeemable by the issuer on specified semi-annual Optional Redemption Dates and are not listed on any exchange. These Notes are bail-inable under the Canada Deposit Insurance Corporation Act and may be converted into common shares under the CDIC Act.
Bank of Montreal is offering US$1,285,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the MerQube US Large‑Cap Vol Advantage Index (MQUSLVA). The Pricing Date is May 08, 2026, Settlement Date May 15, 2026 and Maturity Date May 13, 2032.
The notes are unsecured senior obligations and pay an automatic redemption if the MQUSLVA closing level on any Observation Date is >= the Call Level (3,674.38). The Trigger Level is 2,161.40 (50.00% of the Initial Level). Estimated initial value is $923.46 per $1,000. Payment at maturity depends on the MQUSLVA Final Level; if a Trigger Event occurs, holders may receive less than principal.
Bank of Montreal is offering US$1,440,000 in Senior Medium-Term Notes, Series K: autocallable, step-down, barrier notes linked to the MerQube US Tech+ Vol Advantage Index (MQUSTVA), priced May 8, 2026 with settlement May 13, 2026 and maturity May 13, 2031. The notes pay scheduled automatic redemption amounts on specified Observation Dates if the Reference Asset closes at or above the Call Level; if not called, maturity pay depends on the Final Level versus a Trigger Level of 8,848.76 (60.00% of the Initial Level). The cover lists a public offering price of 100%, an agent’s commission of 5.00% ($72,000), proceeds to the issuer of 95.00% ($1,368,000), and an estimated initial value of $878.70 per $1,000.
The structure exposes investors to index rules (weekly leverage resets, a 6.0% per annum daily deduction, and a notional financing cost tied to SOFR plus 0.5%). If a Trigger Event occurs at maturity, final payment equals $1,000 plus the Percentage Change, which can be less than principal. Read the prospectus supplement and product supplement for detailed risk factors and tax treatment.
Bank of Montreal priced $6,306,000 of Senior Medium-Term Notes, Series K — Callable Barrier Notes with contingent coupons due May 17, 2032, linked to the least performing of the S&P 500®, Russell 2000® and Dow Jones Industrial Average®. The notes pay a contingent coupon of 2.575% per quarter (approximately 10.30% per annum) when each reference asset on an Observation Date is at or above its Coupon Barrier equal to 75.00% of its Initial Level. The notes are callable by the issuer beginning on May 12, 2027. At maturity (if not called), investors receive $1,000 per $1,000 principal unless a Trigger Event occurs; if a Trigger Event occurs the maturity payment equals $1,000 adjusted by the Percentage Change of the least performing reference asset and may be less than principal. Pricing date was May 08, 2026, settlement May 15, 2026, valuation date May 12, 2032. The estimated initial value on the Pricing Date was $982.38 per $1,000. The notes are unsecured and not deposit insurance protected.
Bank of Montreal priced US$2,401,000 of Senior Medium-Term Notes, Series K — Step Down Autocallable Barrier Notes — with a Pricing Date of May 08, 2026, a Settlement Date of May 15, 2026, a Valuation Date of May 12, 2031 and a Maturity Date of May 15, 2031.
The notes are linked to the least performing of the S&P 500®, Russell 2000® and the Dow Jones Industrial Average®. They feature quarterly observation dates beginning May 12, 2027 with autocall tests at 90.00% of initial levels and a final trigger at 80.00% of initial levels; the estimated initial value was $980.37 per $1,000 principal.
Bank of Montreal priced US$3,232,000 Series K Senior Medium-Term Notes (Autocallable Barrier Notes) linked to the least performing of the S&P 500®, NASDAQ-100® and Russell 2000®. Pricing Date: May 08, 2026; Settlement Date: May 13, 2026; Valuation Date: August 10, 2027; Maturity Date: August 13, 2027. The notes pay a contingent monthly coupon of 1.0208% (approximately 12.25% per annum) if each reference index is at or above its Coupon Barrier on an Observation Date, and include a Memory Coupon Feature and an automatic redemption (autocall) if all indices are at or above their Call Levels on an Observation Date beginning November 10, 2026. Price to public is 100% and the document reports an estimated initial value of $986.60 per $1,000.
Bank of Montreal (BMO) priced $782,000 of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Contingent Coupons linked to the least performing of the S&P 500, NASDAQ-100 and Russell 2000. Pricing Date was May 08, 2026 and settlement is May 13, 2026. The notes pay a monthly contingent coupon of 0.6167% (approximately 7.40% per annum) if each reference asset on an Observation Date is at or above its 70% Coupon Barrier. The notes mature on May 13, 2031 unless automatically redeemed earlier upon each reference asset trading at or above its Call Level. At maturity, if any Reference Asset is below its Trigger Level (70% of Initial Level), holders suffer downside tied to the Least Performing Reference Asset; examples show principal loss commensurate with the percentage decline (e.g., a Final Level of 69.99% of Initial Level yields $699.90 per $1,000 principal). The estimated initial value on the Pricing Date was $944.54 per $1,000.
Bank of Montreal is offering US$1,000,000 in Senior Medium-Term Notes, Series K, an autocallable barrier note linked to the common stock of Revolution Medicines, Inc. (RVMD). The Pricing Date is May 08, 2026, Settlement Date May 13, 2026, Valuation Date May 10, 2028, and Maturity Date May 15, 2028. The notes pay a monthly contingent coupon of 1.4167% (~17.00% per annum) when the Reference Asset on an Observation Date is at or above the Coupon Barrier of $85.09 (60.00% of the Initial Level). The Initial Level is $141.81. Beginning on November 11, 2026, 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; in that case investors receive principal plus the then-due coupon on the Call Settlement Date. If not auto‑redeemed, maturity payoff is $1,000 per note unless the Final Level is below the Trigger Level ($85.09), in which case payment equals $1,000 plus $1,000×Percentage Change and may be substantially less. The estimated initial value on the Pricing Date was $955.57 per $1,000. The public offering price was 100% (agent’s commission 2.35%, proceeds to BMO 97.65%).