Summary by Moomoo AI
Bank of Montreal is offering Digital Return Barrier Notes due April 22, 2026, linked to the performance of the Russell 2000 and S&P 500 indices. The notes offer a potential 10.60% digital return if the final level of the least performing index is at or above 75% of its initial level.Investors face downside risk if the least performing index declines by more than 25% from its initial level, losing 1% for each 1% decline beyond this threshold. The notes will be issued in minimum denominations of $1,000 with CUSIP 06376CRW8. Citigroup Global Markets Inc. is acting as the agent for this offering.The notes are subject to Bank of Montreal's credit risk and will not be subject to conversion under the Canada Deposit Insurance Corporation Act. Investors should carefully consider the risks, including potential loss of principal, before investing in these structured notes.
