Bank of Montreal has issued $882,000 in Senior Medium-Term Notes, Series I Redeemable Fixed Rate Notes, due December 23, 2027. The notes carry a 4.60% per annum interest rate, payable semi-annually. They are priced at $1,000 per note with a $3.00 underwriting discount.The notes are subject to optional redemption by the bank on specified dates at 100% of principal plus accrued interest. They are bail-inable, meaning they can be converted into common shares under Canadian bank resolution powers. The notes are not insured by any governmental agency and are subject to Bank of Montreal's credit risk.BMO Capital Markets Corp. and Citigroup Global Markets are acting as agents for the distribution. The notes will not be listed on any securities exchange, and a secondary market may be limited or non-existent.

Bank of Montreal has issued $882,000 in Senior Medium-Term Notes, Series I Redeemable Fixed Rate Notes, due December 23, 2027. The notes carry a 4.60% per annum interest rate, payable semi-annually. They are priced at $1,000 per note with a $3.00 underwriting discount.The notes are subject to optional redemption by the bank on specified dates at 100% of principal plus accrued interest. They are bail-inable, meaning they can be converted into common shares under Canadian bank resolution powers. The notes are not insured by any governmental agency and are subject to Bank of Montreal's credit risk.BMO Capital Markets Corp. and Citigroup Global Markets are acting as agents for the distribution. The notes will not be listed on any securities exchange, and a secondary market may be limited or non-existent.