Bank of Montreal FRN 25-SEP-2025Bank of Montreal FRN 25-SEP-2025Bank of Montreal FRN 25-SEP-2025

Bank of Montreal FRN 25-SEP-2025

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Key terms


Outstanding amount
‪300.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.68% (Variable)
Coupon frequency
Quarterly
Yield to maturity
4.97%
Maturity date
Sep 25, 2025
Term to maturity
9 months

About Bank of Montreal FRN 25-SEP-2025


Sector
Finance
Industry
Major Banks
Home page
Issue date
Sep 25, 2023
FIGI
BBG01JFK12K8
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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