Bank of Montreal priced an offering of auto-callable, ETF-linked senior medium-term notes due May 3, 2029. The securities are linked to the U.S. Global Jets ETF (JETS), have a face amount of $1,000 per security and total offering proceeds shown of $668,000.00.
The pricing date is April 30, 2026 with an estimated initial value of $949.69 per security and a starting value for the Underlier of $25.42. The notes feature multiple automatic call dates with call premiums ranging from 9.50% to 28.50%, a 15% downside buffer (threshold = $21.607), and 1-to-1 downside exposure beyond the buffer if not called.
Bank of Montreal priced leveraged, index‑linked notes tied to the EURO STOXX 50® with a stated maturity of November 2, 2029. The securities carry no periodic interest, provide an upside participation rate of 155.60% if the ending value exceeds the starting value, and offer a contingent principal protection feature only above a threshold value equal to 75% of the starting value. The pricing date was April 30, 2026 and the issue date is May 5, 2026. The securities are unsecured obligations of Bank of Montreal and are subject to the bank's credit risk; they are not FDIC‑insured and may lose more than 25% (and possibly all) of principal if the ending value falls below the threshold.
Bank of Montreal offers non‑interest bearing, principal‑at‑risk notes linked to the TOPIX® Index with a principal amount of $1,000 per note. The cash payment at maturity depends on the underlier return between the trade date and a determination date expected 16–19 months later. If the final underlier level is >= the initial level, holders receive the greater of (i) a threshold settlement amount (expected between $1,180.20 and $1,212.00) or (ii) principal plus the underlier return; if lower, holders lose 1% of principal for each 1% decline. The issuer is Bank of Montreal; payments are subject to its credit risk. The notes are not listed and are designed to be held to maturity.
Bank of Montreal (BMO) priced US$2,960,000 aggregate principal amount of Senior Medium-Term Notes, Series K — Capped Buffer Enhanced Return Notes linked to the MSCI EAFE Index due December 06, 2027. The notes provide 150.00% upside exposure subject to a Maximum Redemption Amount of $1,218.50 per $1,000 and a 20.00% buffer on downside performance.
The notes repay $1,000 at maturity if the Reference Asset does not fall below the Buffer Level (80.00% of the Initial Level). If the Final Level is below the Buffer Level, investors lose 1.25% of principal for each 1% decline beyond the 20.00% buffer (up to 100% loss). Payments are unsecured obligations of Bank of Montreal and are subject to the Bank's credit risk.
Bank of Montreal priced US$550,000 Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to Apple Inc. The notes pay contingent quarterly coupons of 2.775% per quarter (≈11.10% per annum) if the Reference Asset closes on or above the Coupon Barrier on observation dates, mature on May 04, 2029, and have an initial level of $270.17 per share for AAPL. If not auto‑redeemed, principal repayment at maturity depends on Apple’s Final Level versus a Trigger Level of $216.14 (80.00% of Initial Level); a Trigger Event would reduce the cash payment pro rata. Estimated initial value was $968.88 per $1,000 principal on the Pricing Date.
Bank of Montreal priced US$2,591,000 callable Barrier Notes (Series K) linked to the least performing of GLD, KRE and SMH. Pricing Date was April 29, 2026, Settlement Date May 04, 2026, and Maturity Date April 04, 2028.
The notes pay a contingent coupon of 1.5167% per month (approximately 18.20% per annum) on monthly Observation Dates if each Reference Asset closes at or above its Coupon Barrier Level (70% of Initial Level). A Trigger Event occurs if any Reference Asset closes below its Trigger Level (60% of Initial Level) on the Valuation Date; if a Trigger Event occurs, the maturity payout for each $1,000 principal equals $1,000 + ($1,000 x Percentage Change of the Least Performing Reference Asset), which may be less than principal and could be zero. The estimated initial value was $974.86 per $1,000 principal.
Bank of Montreal priced US$250,000 in Senior Medium-Term Notes, Series K: autocallable barrier notes with memory coupons due November 04, 2027, linked to the least performing of Joby Aviation (JOBY), Netflix (NFLX) and Palantir (PLTR). The notes pay a contingent coupon of 2.375% per month (approximately 28.50% per annum) when each Reference Asset on an Observation Date is at or above its coupon barrier; unpaid coupons can be paid later under the Memory Coupon Feature. The notes are callable if, on any Observation Date beginning July 30, 2026, each Reference Asset is at or above its Call Level (each Initial Level). At maturity, if a Trigger Event occurred (the Final Level of any Reference Asset is below its Trigger Level of 60.00% of its Initial Level), investors receive a Physical Delivery Amount in shares of the Least Performing Reference Asset (or at issuer election a cash amount). The estimated initial value on the Pricing Date was $901.81 per $1,000. Payment outcomes depend on the Final Level of the Least Performing Reference Asset and the number of Contingent Coupon dates on which coupons are payable.
Bank of Montreal is offering $500,000 in Senior Medium-Term Notes, Series K: autocallable barrier notes with memory coupons linked to the least performing common stock of Applied Materials (AMAT), Marvell Technology (MRVL) and Broadcom (AVGO). The notes pay a contingent coupon of 1.7125% per month (≈ 20.55% per annum) if each Reference Asset closes at or above its 50% Coupon Barrier on Observation Dates, include a Memory Coupon feature and may be automatically redeemed if all Reference Assets meet the Call Level on an Observation Date. Settlement is May 4, 2026 and maturity is May 4, 2029. At maturity, if a Trigger Event occurs and the least performing Reference Asset is below its Initial Level, principal repayment is reduced pro rata by that asset’s percentage change; payments are cash only. The estimated initial value at pricing was $963.75 per $1,000.
Bank of Montreal priced $11,816,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to Broadcom Inc. (ticker AVGO). The notes pay a contingent coupon of 1.1333% per month (≈13.60% per annum) if the Reference Asset meets monthly coupon barriers. The notes settle on May 4, 2026, mature on June 4, 2027, and include an automatic redemption feature beginning on October 30, 2026 if the Call Level condition is met. At maturity, if the Final Level is below the Trigger Level (57.00% of the Initial Level), holders may receive shares or a cash amount determined by the Physical or Cash Delivery Amount.
Bank of Montreal priced US$795,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the least performing of Mastercard (MA), American Express (AXP) and Visa (V). The Pricing Date is April 29, 2026, Settlement Date May 04, 2026, Valuation Date May 01, 2028 and Maturity Date May 04, 2028. The notes pay contingent quarterly coupons at 2.75% per quarter (approximately 11.00% per annum) if each reference asset closes at or above its 60.00% Coupon Barrier on an Observation Date; unpaid coupons can be paid later under a Memory Coupon Feature. The notes are autocallable if, on any Observation Date beginning July 29, 2026, each reference asset closes at or above its Call Level (100% of initial level). At maturity, if any Reference Asset’s Final Level is below its Trigger Level (60.00% of initial), holders will receive a Physical Delivery Amount (shares of the least performing asset) or, at the issuer’s election, a Cash Delivery Amount; otherwise holders receive principal. The estimated initial value on the Pricing Date was $971.28 per $1,000 principal. These are unsecured obligations of the Bank of Montreal and are not deposit insurance products; the offering document lists detailed risk factors and tax treatment.