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Published on 11/1/2021 in the Prospect News Structured Products Daily.

New Issue: BMO sells $410,000 buffer enhanced return notes on Nasdaq, Russell

Chicago, Nov. 1 – Bank of Montreal priced $410,000 of 0% buffer enhanced return notes due June 30, 2022 linked to the lesser performing of the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain of the lesser performing index, capped at a return of par plus 12%.

Investors will receive par if the lesser performing index falls by up to 15% and will lose 1% for each 1% that the level of the lesser performing index decreases by more than 15%.

BMO Capital Markets Corp. is the selling agent.

Issuer:Bank of Montreal
Issue:Buffer enhanced return notes
Underlying indexes:Nasdaq-100, Russell 2000
Amount:$410,000
Maturity:June 30, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus any gain of the lesser performing index, capped at par plus 12%; par if the lesser performing index falls by up to 15%; 1% loss for each 1% that the level of the lesser performing index decreases by more than 15%
Initial index levels:12,979.12 for Nasdaq and 2,221.482 for Russell
Buffer levels:11,032.25 for Nasdaq and 1,888.260 for Russell, 85% of initial levels
Pricing date:March 26
Settlement date:March 31
Selling agent:BMO Capital Markets Corp.
Fees:2%
Cusip:06368EGD8

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