Bank of Montreal announced the issuance of Senior Medium-Term Notes, Series I, with a 5% fixed annual interest rate, maturing on March 27, 2029. The notes will be issued at $1,000 per note on March 27, 2025, with semi-annual interest payments starting September 27, 2025.The notes feature an early redemption option exercisable by the bank on semi-annual dates from March 27, 2026 to September 27, 2028, at 100% of principal plus accrued interest. BMO Capital Markets Corp will serve as the underwriter with an underwriting discount of $12.50 per note.As bail-inable notes, they are subject to conversion into common shares of Bank of Montreal under the Canada Deposit Insurance Corporation Act. The notes will not be listed on any securities exchange and are subject to Bank of Montreal's credit risk.

Bank of Montreal announced the issuance of Senior Medium-Term Notes, Series I, with a 5% fixed annual interest rate, maturing on March 27, 2029. The notes will be issued at $1,000 per note on March 27, 2025, with semi-annual interest payments starting September 27, 2025.The notes feature an early redemption option exercisable by the bank on semi-annual dates from March 27, 2026 to September 27, 2028, at 100% of principal plus accrued interest. BMO Capital Markets Corp will serve as the underwriter with an underwriting discount of $12.50 per note.As bail-inable notes, they are subject to conversion into common shares of Bank of Montreal under the Canada Deposit Insurance Corporation Act. The notes will not be listed on any securities exchange and are subject to Bank of Montreal's credit risk.