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Published on 6/4/2018 in the Prospect News Structured Products Daily.

New Issue: BMO sells $761,000 bullish digital return barrier notes tied to Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, June 4 – Bank of Montreal priced $761,000 of 0% bullish digital return notes with barrier due June 28, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index finishes above the initial level, the payout at maturity will be par plus the digital return of 15.8%.

If the index finishes at or above its 90% barrier level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

BMO Capital Markets Corp. is the agent.

Issuer:Bank of Montreal
Issue:Bullish digital return notes with barrier
Underlying indexes:Euro Stoxx 50
Amount:$761,000
Maturity:June 28, 2019
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 15.8%; if index falls by up to 10%, par; otherwise, 1% for each 1% decline
Initial level:3,515.36
Barrier level:3,162.82, 90% of initial level
Pricing date:May 25
Settlement date:May 31
Agent:BMO Capital Markets Corp.
Fees:0.43%
Cusip:06367T5Y2

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