Bank of Montreal announced the issuance of Senior Medium-Term Notes, Series I Redeemable Fixed Rate Notes, due January 21, 2028. The notes carry a 5.00% per annum interest rate, payable semi-annually. The principal amount is $1,000 per note, with the issue date set for January 21, 2025.The notes are subject to optional redemption by Bank of Montreal on specified dates, starting July 21, 2025. They are bail-inable notes, subject to conversion into common shares under the Canada Deposit Insurance Corporation Act. The notes will not be listed on any securities exchange.BMO Capital Markets Corp. is acting as the underwriter, with an underwriting discount of $10 per $1,000 note. The notes involve risks not associated with conventional debt securities and are subject to Bank of Montreal's credit risk.

Bank of Montreal announced the issuance of Senior Medium-Term Notes, Series I Redeemable Fixed Rate Notes, due January 21, 2028. The notes carry a 5.00% per annum interest rate, payable semi-annually. The principal amount is $1,000 per note, with the issue date set for January 21, 2025.The notes are subject to optional redemption by Bank of Montreal on specified dates, starting July 21, 2025. They are bail-inable notes, subject to conversion into common shares under the Canada Deposit Insurance Corporation Act. The notes will not be listed on any securities exchange.BMO Capital Markets Corp. is acting as the underwriter, with an underwriting discount of $10 per $1,000 note. The notes involve risks not associated with conventional debt securities and are subject to Bank of Montreal's credit risk.