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Published on 6/22/2017 in the Prospect News Structured Products Daily.

New Issue: BMO prices $921,000 barrier bullish digital return notes tied to indexes

By Wendy Van Sickle

Columbus, Ohio, June 22 – Bank of Montreal priced $921,000 of 0% bullish digital return notes with barrier due July 23, 2018 linked to the lesser performing of the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index closes above its 65% barrier level every day during the life of the notes, the payout at maturity will be par plus the digital return of 6.65%.

Otherwise, investors will receive par if each index finishes above its initial level or will be exposed to any decline of the worse performing index.

BMO Capital Markets Corp. is the agent.

Issuer:Bank of Montreal
Issue:Bullish digital return notes with barrier
Underlying indexes:Euro Stoxx 50, Russell 2000
Amount:$921,000
Maturity:July 23, 2018
Coupon:0%
Price:Par
Payout at maturity:If each index closes above 65% barrier each day during life of notes, par plus 6.65%; otherwise, par if each index finishes above initial level or full exposure to decline of worse performing index
Initial levels:3,579.58 for Stoxx, 1,418.081 for Russell
Barrier levels:2,326.73 for Stoxx, 921.753 for Russell; 65% of initial levels
Pricing date:June 19
Settlement date:June 22
Agent:BMO Capital Markets Corp.
Fees:0.43%
Cusip:06367TYF1

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