Bank of Montreal FRN 04-JUN-2027Bank of Montreal FRN 04-JUN-2027Bank of Montreal FRN 04-JUN-2027

Bank of Montreal FRN 04-JUN-2027

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BMO5822613 analysis



Key facts


Issue date
Jun 4, 2024
Maturity date
Jun 4, 2027
Outstanding amount
‪450.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.75% (Variable)
Yield to maturity
5.72%
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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