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424B2: Prospectus

SEC ·  Dec 24 05:51

Summary by Futu AI

Bank of Montreal has issued $369,000 Senior Medium-Term Notes, Series I Digital Return Barrier Notes due June 24, 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 11.25% digital return if the Final Level of the Least Performing Reference Asset is at least 70% of its Initial Level. If it falls below 70%, investors lose 1% for each 1% decline, risking up to 100% loss. The notes do not bear interest and will not be listed on any securities exchange.Priced at 100% with a 1.875% agent's commission, the notes have an estimated initial value of $952.81 per $1,000 principal amount. BMO Capital Markets Corp. is the agent and will receive a commission. The notes are subject to Bank of Montreal's credit risk and are not insured by any governmental agency.
Bank of Montreal has issued $369,000 Senior Medium-Term Notes, Series I Digital Return Barrier Notes due June 24, 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 11.25% digital return if the Final Level of the Least Performing Reference Asset is at least 70% of its Initial Level. If it falls below 70%, investors lose 1% for each 1% decline, risking up to 100% loss. The notes do not bear interest and will not be listed on any securities exchange.Priced at 100% with a 1.875% agent's commission, the notes have an estimated initial value of $952.81 per $1,000 principal amount. BMO Capital Markets Corp. is the agent and will receive a commission. The notes are subject to Bank of Montreal's credit risk and are not insured by any governmental agency.

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