Bank of Montreal announced the issuance of Senior Medium-Term Notes, Series I, due January 27, 2032. The fixed-rate notes will carry an interest rate of 5.50% per annum, with semi-annual interest payments commencing July 27, 2025. The notes are priced at $1,000 per note with a total offering through BofA Securities.The notes are redeemable by Bank of Montreal in whole, but not in part, on specified Optional Redemption Dates at 100% of principal plus accrued interest. These bail-inable notes are subject to conversion into common shares under the Canada Deposit Insurance Corporation Act. BofA Securities will receive discounts and commissions of up to $15 per note.The notes will not be listed on any securities exchange and no secondary market is expected to develop. The securities are subject to Bank of Montreal's credit risk and involve risks not associated with conventional debt securities, including potential conversion under Canadian bank resolution powers.

Bank of Montreal announced the issuance of Senior Medium-Term Notes, Series I, due January 27, 2032. The fixed-rate notes will carry an interest rate of 5.50% per annum, with semi-annual interest payments commencing July 27, 2025. The notes are priced at $1,000 per note with a total offering through BofA Securities.The notes are redeemable by Bank of Montreal in whole, but not in part, on specified Optional Redemption Dates at 100% of principal plus accrued interest. These bail-inable notes are subject to conversion into common shares under the Canada Deposit Insurance Corporation Act. BofA Securities will receive discounts and commissions of up to $15 per note.The notes will not be listed on any securities exchange and no secondary market is expected to develop. The securities are subject to Bank of Montreal's credit risk and involve risks not associated with conventional debt securities, including potential conversion under Canadian bank resolution powers.