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Published on 6/17/2011 in the Prospect News Structured Products Daily.

New Issue: Bank of Montreal prices $819,000 buffered bullish enhanced notes on iShares MSCI EAFE

By Jennifer Chiou

New York, June 17 - Bank of Montreal priced $819,000 of 0% buffered bullish enhanced return notes due June 20, 2013 linked to the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, up to a maximum return of 19%.

Investors will receive par if the shares fall by 15% or less and will be exposed to any decline beyond 15%.

BMO Capital Markets Corp. is the underwriter.

Issuer:Bank of Montreal
Issue:Buffered bullish enhanced return notes
Underlying fund: iShares MSCI EAFE index fund
Amount:$819,000
Maturity:June 20, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any fund gain, capped at 19%; exposure to losses beyond 15%
Initial level:$58.27
Buffer level:$49.53, 85% of initial level
Pricing date:June 15
Settlement date:June 20
Underwriter:BMO Capital Markets Corp.
Fees:None
Cusip:06366QNN3

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