Summary by Moomoo AI
Bank of Montreal has issued $3.327 billion in Senior Medium-Term Notes, Series I Digital Return Barrier Notes due February 6, 2026. The notes are linked to the performance of the Russell 2000 Index, NASDAQ-100 Index, and S&P 500 Index.The notes offer a potential 7.25% digital return if the final level of the least performing index is at or above 60% of its initial level. If the least performing index declines by more than 40%, investors will lose 1% of principal for each 1% decline below the initial level. The notes do not bear interest and are not listed on any exchange.BMO Capital Markets Corp. is acting as agent for the offering. The notes have an estimated initial value of $980.93 per $1,000 principal amount. All payments are subject to Bank of Montreal's credit risk.
