Bank of Montreal Prices US$1.25 Billion Covered Bond Issue

Bank Of Montreal ( (TSE:BMO) ) has shared an update.

Bank of Montreal has issued U.S.$1.25 billion of 4.249% covered bonds due 28 March 2031 under its U.S.$50 billion Global Registered Covered Bond Program, with payments of interest and principal unconditionally and irrevocably guaranteed by BMO Covered Bond Guarantor Limited Partnership. The bank has published the final terms for this series, intended for admission to trading under UK rules linked to EU Regulation 2017/1129, and submitted them to the UK National Storage Mechanism, reinforcing its access to long-term funding in the international capital markets.

The final terms document, dated 27 March 2026, must be read together with the existing prospectus and its supplements to provide full information to investors on the offer. By completing this sizeable covered bond issuance and associated regulatory filing, Bank of Montreal continues to diversify its funding base and demonstrate compliance with UK and EU-equivalent disclosure standards, which is relevant for institutional investors and regulators monitoring the robustness and transparency of bank funding structures.

More about Bank Of Montreal

Bank of Montreal is a major North American banking institution that offers a broad range of financial services, including retail and commercial banking, wealth management, and capital markets activities. Through its global funding programs, the bank accesses international debt markets to support its lending operations and balance sheet management.

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