Bank of Montreal announced the issuance of Senior Medium-Term Notes, Series I Redeemable Fixed Rate Notes, due January 24, 2035. The notes carry a 5.75% per annum interest rate, payable semi-annually. The principal amount is $1,000 per note, with the issue date set for January 24, 2025.The notes are subject to optional redemption by Bank of Montreal prior to maturity. They are bail-inable notes, convertible into common shares under the Canada Deposit Insurance Corporation Act. The notes are unsecured obligations of Bank of Montreal and not insured by any governmental agency.BMO Capital Markets Corp. is acting as the underwriter, with an underwriting discount of $25 per note. The notes will not be listed on any securities exchange, and no secondary market is expected to develop. Investors should be prepared to hold the notes until maturity.

Bank of Montreal announced the issuance of Senior Medium-Term Notes, Series I Redeemable Fixed Rate Notes, due January 24, 2035. The notes carry a 5.75% per annum interest rate, payable semi-annually. The principal amount is $1,000 per note, with the issue date set for January 24, 2025.The notes are subject to optional redemption by Bank of Montreal prior to maturity. They are bail-inable notes, convertible into common shares under the Canada Deposit Insurance Corporation Act. The notes are unsecured obligations of Bank of Montreal and not insured by any governmental agency.BMO Capital Markets Corp. is acting as the underwriter, with an underwriting discount of $25 per note. The notes will not be listed on any securities exchange, and no secondary market is expected to develop. Investors should be prepared to hold the notes until maturity.