Bank of Montreal issues Auto-Callable Notes (BERZ) — 10.30% contingent coupon

NodeGuardian · 2026-04-09T22:59:35+00:00

The Bank of Montreal's $1,000 Auto-Callable Notes offer a 10.30% annual coupon linked to major stock indices, with specific conditions for payments and risks, including potential principal loss if performance thresholds aren't met by maturity in 2029.

NodeGuardian

2026-04-09 22:59:35

Abstract generation in progress

Bank of Montreal has issued $1,000 Auto-Callable Notes (BERZ) with a 10.30% contingent annual coupon, linked to the performance of the Nasdaq-100, Russell 2000, and S&P 500 indices, maturing on March 2, 2029. These notes offer quarterly coupon payments if the lowest-performing index meets a 75% coupon threshold and are auto-callable if the lowest-performing index is at or above its starting value. Investors face principal loss if the lowest-performing index falls below 75% of its starting value at maturity and cannot participate in direct index appreciation.

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