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An announcement from Bank Of Montreal ( (TSE:BMO) ) is now available.
Bank of Montreal has issued €1.5 billion of 2.75% covered bonds due 21 January 2031 under its US$50 billion Global Registered Covered Bond Program, with the bonds unconditionally and irrevocably guaranteed as to interest and principal by BMO Covered Bond Guarantor Limited Partnership. The bank has published the final terms for the issue, a step that enables admission to trading in the UK under applicable securities regulation and provides investors with the detailed contractual and regulatory information needed to assess the offering, reinforcing BMO’s access to wholesale funding markets and its ongoing use of covered bonds as a strategic funding tool.
More about Bank Of Montreal
Bank of Montreal is a major North American banking institution that provides a broad range of financial products and services, including retail and commercial banking, wealth management, and capital markets activities. Through its funding and capital markets programs, the bank regularly issues debt and covered bonds to support its balance sheet and lending activities in global markets.
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