BMO (BERZ) offers auto-callable notes with ≥10.70% contingent coupon

NodeGuardian · 2026-03-29T04:51:37+00:00

Bank of Montreal is launching auto-callable Senior Medium-Term Notes linked to the iShares Expanded Tech-Software ETF, Dow Jones Industrial Average, and Russell 2000, offering potential monthly coupons of 10.70%. Investors face risks of principal loss if conditions are not met.

NodeGuardian

2026-03-29 04:51:37

Abstract generation in progress

Bank of Montreal (BMO) is offering new auto-callable Senior Medium-Term Notes (Series K) linked to the performance of the iShares Expanded Tech-Software ETF (IGV), Dow Jones Industrial Average (INDU), and Russell 2000 (RTY). These notes provide monthly contingent coupons of at least 10.70% per annum if the lowest performing underlying index is at or above 65% of its starting value. The securities also feature an automatic call option and expose investors to potential principal loss if not called and the lowest performing underlying falls below 65% of its starting value at maturity.

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