Bank of Montreal FRN 12-DEC-2024Bank of Montreal FRN 12-DEC-2024Bank of Montreal FRN 12-DEC-2024

Bank of Montreal FRN 12-DEC-2024

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BMO5523164 analysis



Key facts


Issue date
Jan 12, 2023
Maturity date
Dec 12, 2024
Outstanding amount
‪300.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.65% (Variable)
Yield to maturity
5.61%
Bank of Montreal engages in the provision of banking and financial services to individuals and institutions. It operates through the following segments: Canadian Personal and Commercial Banking (Canadian P&C), United States Personal and Commercial Banking (U.S. P&C), BMO Wealth Management, BMO Capital Markets, and Corporate Services. The company was founded by Robert Armour, John C. Bush, Austin Cuvillier, George Garden, Horatio Gates, James Leslie, George Moffatt, John Richardson and Thomas A. Turner on June 23, 1817 and is headquartered in Toronto, Canada.
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