Summary by Moomoo AI
Bank of Montreal is offering Digital Return Barrier Notes due March 2, 2026, linked to the performance of the Russell 2000 Index and S&P 500 Index. The notes provide a potential 10% 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 the 25% threshold. The notes do not provide interest payments or direct investment in the underlying indices. All payments are subject to Bank of Montreal's credit risk.The notes will be issued in minimum $1,000 denominations. BMO Capital Markets Corp. is acting as the agent for this offering. The estimated initial value of the notes is $986.40 per $1,000 principal amount, which may differ but will not be less than $935.00 on the pricing date.
