Summary by Futu AI
Bank of Montreal has issued $3,777,000 in Senior Medium-Term Notes, Series I Digital Return Barrier Notes due January 23, 2026. The notes are linked to the least performing of the Russell 2000® Index, NASDAQ-100 Index®, and S&P 500® Index.The notes offer a potential 7.65% digital return if the Final Level of the Least Performing Reference Asset is at least 70% of its Initial Level. However, investors risk losing up to 100% of principal if the Least Performing Reference Asset decreases by more than 40% from its Initial Level. The notes do not bear interest and will not be listed on any securities exchange.BMO Capital Markets Corp. is acting as the agent for this offering. The notes have a CUSIP of 06376CLY0 and will be issued in minimum denominations of $1,000. All payments are subject to Bank of Montreal's credit risk.