Bond Montreal Bank 1.771% ( US06367T4X54 ) in USD

Issuer Montreal Bank
Market price 100 %  ▼ 
Country  Canada
ISIN code  US06367T4X54 ( in USD )
Interest rate 1.771% per year ( payment 4 times a year)
Maturity 12/04/2021 - Bond has expired



Prospectus brochure of the bond Bank of Montreal US06367T4X54 in USD 1.771%, expired


Minimal amount 2 000 USD
Total amount 750 000 000 USD
Cusip 06367T4X5
Standard & Poor's ( S&P ) rating A+ ( Upper medium grade - Investment-grade )
Moody's rating Aa2 ( High grade - Investment-grade )
Detailed description Bank of Montreal (BMO) is a major Canadian multinational bank offering a wide range of financial services including personal and commercial banking, wealth management, and investment banking, operating across North America and internationally.

The Bond issued by Montreal Bank ( Canada ) , in USD, with the ISIN code US06367T4X54, pays a coupon of 1.771% per year.
The coupons are paid 4 times per year and the Bond maturity is 12/04/2021

The Bond issued by Montreal Bank ( Canada ) , in USD, with the ISIN code US06367T4X54, was rated Aa2 ( High grade - Investment-grade ) by Moody's credit rating agency.

The Bond issued by Montreal Bank ( Canada ) , in USD, with the ISIN code US06367T4X54, was rated A+ ( Upper medium grade - Investment-grade ) by Standard & Poor's ( S&P ) credit rating agency.







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FWP 1 d565551dfwp.htm FWP
Filed Pursuant to Rule 433 under the Securities Act of 1933
Registration Statement File No. 333-217200
Pricing Term Sheet
Dated April 10, 2018
Bank of Montreal
US$2,250,000,000
Senior Medium-Term Notes, Series D
consisting of
US$1,500,000,000 3.100% Senior Notes due 2021
US$750,000,000 Floating Rate Notes due 2021


US$1,500,000,000 3.100% Senior Notes due 2021 (the "Fixed Rate Notes")

Issuer:
Bank of Montreal (the "Bank")
Aggregate Principal Amount Offered:
US$1,500,000,000
Maturity Date:
April 13, 2021
Price to Public:
99.883%, plus accrued interest, if any, from April 13, 2018.
Underwriting Commission:
0.250% per Fixed Rate Note.
Net Proceeds to the Bank after Underwriting
US$1,494,495,000
Commission and Before Expenses:

Coupon:
3.100%
Interest Payment Dates:
April 13 and October 13 of each year, beginning on October 13, 2018. Interest will accrue
from April 13, 2018.
Regular Record Dates:
March 29 and September 28
Benchmark Treasury:
2.375% due March 15, 2021
Benchmark Treasury Yield:
2.441%
Spread to Benchmark Treasury:
T + 70 basis points
Re-offer Yield:
3.141%
Trade Date:
April 10, 2018
Settlement Date:
April 13, 2018; T+3
Redemption Provisions:
The Fixed Rate Notes may be redeemed upon the occurrence of certain events pertaining
to Canadian taxation.
CUSIP:
06367T4W7
Denominations:
US$2,000 and multiples of US$1,000 in excess thereof.
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Joint Book-Running Managers:
BMO Capital Markets Corp.
Morgan Stanley & Co. LLC
Citigroup Global Markets Inc.
J.P. Morgan Securities LLC
Wells Fargo Securities, LLC
Co-Managers:
BNP Paribas Securities Corp.
Commerz Markets LLC
Credit Agricole Securities (USA) Inc.
Desjardins Securities Inc.
Deutsche Bank Securities Inc.
Goldman Sachs & Co. LLC
HSBC Securities (USA) Inc.
Merrill Lynch, Pierce, Fenner & Smith
Incorporated

US$750,000,000 Floating Rate Notes due 2021 (the "Floating Rate Notes")

Issuer:
Bank of Montreal (the "Bank")
Aggregate Principal Amount Offered:
US$750,000,000
Maturity Date:
April 13, 2021
Price to Public:
100.000%, plus accrued interest, if any, from April 13, 2018.
Underwriting Commission:
0.250% per Floating Rate Note.
Net Proceeds to the Bank after Underwriting
US$748,125,000
Commission and Before Expenses:

Coupon:
For each Interest Period, the then-applicable Three-Month LIBOR rate for U.S. dollars,
determined on the Interest Determination Date for that Interest Period, plus 0.460% (46
basis points). In no event will the interest on the Floating Rate Notes be less than zero.
Interest Payment Dates:
January 13, April 13, July 13 and October 13 of each year, beginning on July 13, 2018
(each, a "Floating Rate Interest Payment Date"). Interest will accrue from April 13, 2018.
Regular Record Dates:
December 29, March 29, June 28 and September 28.
Interest Determination Dates:
The second London Business Day immediately preceding the applicable interest reset date
(as provided for below). The Interest Determination Date for the initial Interest Period will
be the second London Business Day immediately preceding the Settlement Date.
Interest Reset Date:
Each Floating Rate Interest Payment Date.
Interest Period:
The period commencing on any Floating Rate Interest Payment Date (or, with respect to
the initial Interest Period only, commencing on April 13, 2018) to, but excluding, the next
succeeding Floating Rate Interest Payment Date, and in the case of the last such period,
from and including the Floating Rate Interest Payment Date immediately preceding the
Maturity Date to but not including such Maturity Date.
London Business Day:
Any day on which dealings in U.S. dollars are transacted in the London interbank market.
Three-Month LIBOR:
For any Interest Determination Date, the offered rate for deposits in the London interbank
market in U.S. dollars having an index maturity of three months, as of approximately
11:00 a.m., London time, on such Interest Determination Date. LIBOR will be determined
by the offered rate appearing on the Reuters screen LIBOR01 page or any replacement
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page or pages on which London interbank rates of major banks for U.S. dollars are
displayed (such determination to be made as set forth in the prospectus supplement
accompanying the pricing supplement).
Day Count:
Actual/360.
Day Count Convention:
If any Floating Rate Interest Payment Date falls on a day that is not a business day for the
Floating Rate Notes, the Bank will postpone the making of such interest payment to the
next succeeding business day (and interest thereon will continue to accrue to but excluding
such succeeding business day) unless the next succeeding business day is in the next
succeeding calendar month, in which case such Floating Rate Interest Payment Date shall
be the immediately preceding business day and interest shall accrue to but excluding such
preceding business day. If the Maturity Date or a redemption date for the Floating Rate
Notes would fall on a day that is not a business day, the payment of interest and principal
will be made on the next succeeding business day, but no additional interest shall accrue
and be paid unless the Bank fails to make payment on such next succeeding business day.
Calculation Agent:
BMO Capital Markets Corp. For each Interest Period, the Calculation Agent will calculate
the amount of accrued interest by multiplying the principal amount of the Floating Rate
Note by an accrued interest factor for the Interest Period. This factor will equal the sum of
the interest factors calculated for each day during the Interest Period. The interest factor for
each day will be expressed as a decimal and will be calculated by dividing the interest rate,
also expressed as a decimal, applicable to that day by 360.
Redemption Provisions:
The Floating Rate Notes may be redeemed upon the occurrence of certain events
pertaining to Canadian taxation.
Trade Date:
April 10, 2018
Settlement Date:
April 13, 2018; T+3
CUSIP:
06367T4X5
Denominations:
US$2,000 and multiples of US$1,000 in excess thereof.
Joint Book-Running Managers:
BMO Capital Markets Corp.
Morgan Stanley & Co. LLC
Citigroup Global Markets Inc.
J.P. Morgan Securities LLC
Wells Fargo Securities, LLC
Co-Managers:
BNP Paribas Securities Corp.
Commerz Markets LLC
Credit Agricole Securities (USA) Inc.
Desjardins Securities Inc.
Deutsche Bank Securities Inc.
Goldman Sachs & Co. LLC
HSBC Securities (USA) Inc.
Merrill Lynch, Pierce, Fenner & Smith
Incorporated

Under Rule 15c6-1 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), trades in the secondary market generally
are required to settle in two business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who
wish to trade their Fixed Rate Notes or Floating Rate Notes (collectively, the "Notes") more than two business days prior to the settlement
date will be required, by virtue of the fact that the Notes initially will settle in three business days (T+3), to specify an alternate settlement
cycle at the time of any such trade to prevent a failed settlement.
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Because Desjardins Securities Inc. is not registered with the U.S. Securities and Exchange Commission (the "SEC") as a U.S. registered
broker-dealer, it will effect offers and sales of the Notes solely outside of the United States or within the United States to the extent
permitted by Rules 15a-6 under the Exchange Act through one or more U.S. registered broker-dealers and as permitted by the rules and
regulations of the Financial Industry Regulatory Authority Inc.
The Bank has filed a registration statement (File No. 333-217200) (including a pricing supplement, a prospectus supplement and a
prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read those documents and
the documents incorporated therein by reference that the Bank has filed with the SEC for more complete information about the Bank and
this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the Bank, any
underwriter or any dealer participating in the offering will arrange to send you the pricing supplement, the prospectus supplement and
the prospectus if you request them by calling BMO Capital Markets Corp. toll-free at 1-866-864-7760, Morgan Stanley & Co. LLC toll-
free at 1-866-718-1649, Citigroup Global Markets Inc. toll-free at 1-800-831-9146, J.P. Morgan Securities LLC collect at 1-212-834-4533
or Wells Fargo Securities, LLC toll-free at 1-800-645-3751.

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