Bond Montreal Bank 5.44% ( XS2774435973 ) in USD

Issuer Montreal Bank
Market price refresh price now   100 %  ▲ 
Country  Canada
ISIN code  XS2774435973 ( in USD )
Interest rate 5.44% per year ( payment 2 times a year)
Maturity 14/03/2034



Prospectus brochure of the bond Bank of Montreal XS2774435973 en USD 5.44%, maturity 14/03/2034


Minimal amount /
Total amount /
Next Coupon 14/03/2026 ( In 81 days )
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.

A recent notable issuance in the fixed-income market is a bond, identified by the ISIN XS2774435973, originating from Canada and issued by Bank of Montreal, a historically significant and one of Canada's largest diversified financial services providers with a global presence, offering investors an annual interest rate of 5.44% through semi-annual payments, denominated in USD, and currently trading at its par value of 100%, with a maturity date set for March 14, 2034.









(Issuer information)
(Issuer)
Bank of Montreal
(Nationality)
Canada
(Industry)
Banks

(Bond information)




(Bond name)
Bank of Montreal U.S.$80,000,000

Fixed Rate Senior Notes due March
14, 2034
(Bond code)
F10721

(Short name)
P24BMO1

ISIN
XS2774435973

(Currency)
USD

(Issue date)
2024/3/14

(Pricing date)
2024/2/20

(Tenor)
10


80,000,000

(Amount of issuance)
(Issue price)
100


(Fixed)
(Fixed)
(Coupon type)
(Floating)
(Floating)
(Zero coupon)
(Zero coupon)
:5.44%

5.44% per annum payable annually

(Details relating to interest
payment)

Not Applicable
Not Applicable
(Early redemption)
Callable, non-call 5 X 1
Callable, non-call X
Make-whole call
Make-whole call

The Issuer has the right to redeem

(Details relating to
the Notes at Par in whole but not in
redemption)
part on any Interest Payment Date
commencing on March 14, 2029
1






and annually thereafter, by giving
not less than 5 Business Days'
notice to the Noteholder.
The Noteholder has the right to
redeem the Notes at Par in whole
but not in part on December 14,
2033 (the "redemption date"),
being approximately three months
before the Maturity Date by giving
notice to the Issuer of at least 25
Business Days prior to the
redemption date.
(Credit rating)




(Rating agency)
Moody's/S&P/Fitch

(Rating)
Aa2/A+/AA (Non Bail-inable Notes)


(Pricing information)




(Pricing date)
2024/2/20

(Interest) (A)
5.44%


10 IRS

(Benchmark)

3.9146%

(Benchmark at the pricing
date) (B)

152.54bps

(Interest rate spread) (C)

(A)(B)(C)


(Notes)
N.A.




2



This statement is provided solely by the Lead Manager; the Taipei Exchange ("the TPEx") is not responsible
for any of the content appearing in the document, and makes no statement regarding its accuracy or
completeness; and the TPEx bears no liability for any loss incurred due to the content of the document as a
whole or any of its parts, or due to any reliance on such content.





Bank of Montreal
U.S.$80,000,000 Fixed Rate
Senior Notes due March 14,
2034





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